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Cable Update (GBPUSD)

  • #615,041
  • Aug 7, 2021 6:52am Aug 7, 2021 6:52am
GBPUSD has a long journey down the road on 4hr. It's just beginning. Using it to monitor my 1hr sell am already in. No take profit.
Make all mistakes in demo and rain in pips in live account
  • #615,042
  • Aug 7, 2021 6:53am Aug 7, 2021 6:53am
Quoting nAVIN2007
{quote} she is a support/ resistance trader...rely on ranging markets (consolidation)..previous support is expected to be tested and hold i guess..She is very effective at knowing which levels are important and has great execution in these areas..IMHO she is an actual trader who will always make money over time, just because she aint afraid use her edge And it flipping works great for her
Morning Nav hope you made a few pounds ,,Pat is Female ,,no ,,sorry Pat to talk about you but you will read this post anyway ,, Regards To both maybe even x ????
  • #615,043
  • Aug 7, 2021 6:57am Aug 7, 2021 6:57am
Quoting Jolita
{quote} On a weekly we are in an uptrend, dont you think? Thank you for your valued opinion, J
as i said emas pointing long yes at this time on the higher times ,1,watch day chart for 10/20 ema cross the weekly if if if it goes short only my opinion as a said the trades should be trades of the trader who is trading not of the analysis of another trader regards
  • #615,044
  • Aug 7, 2021 7:07am Aug 7, 2021 7:07am
Quoting Jolita
{quote} Hi Navin, I would never have thought Pat Chico is 'she', are you sure? Interesting.. We didn't here much from you this week. All good?
I think she is a she, there was a photo posted so i assume she is she ..
If i am wrong i am sorry

IM still short bro..my trades are long term..so im expecting at least a test of 1.37, then going higher max 1.38 - 1.3850 area before free fall
There nothing to post from my end because i have not touched my trading platform since last week, just looking at the range
  • #615,045
  • Aug 7, 2021 7:16am Aug 7, 2021 7:16am
Quoting elbert3
{quote} as i said emas pointing long yes at this time on the higher times ,1,watch day chart for 10/20 ema cross the weekly if if if it goes short only my opinion as a said the trades should be trades of the trader who is trading not of the analysis of another trader regards
Thanks a lot Elbert. I will look in to my charts later on and will read yours on Mac. By the way, thanks for the 10 Ema tip, helps me a lot and can be used on all time frames, especially on short entries.
Have a great weekend!
  • #615,046
  • Aug 7, 2021 7:21am Aug 7, 2021 7:21am
Quoting Jolita
{quote} Thanks a lot Elbert. I will look in to my charts later on and will read yours on Mac. By the way, thanks for the 10 Ema tip, helps me a lot and can be used on all time frames, especially on short entries. Have a great weekend!
Let us all know your thought . One can make money both ways it’s just trying to find the best trade on the day
  • #615,047
  • Aug 7, 2021 7:22am Aug 7, 2021 7:22am
H4 down trend is not finished,but i cant tell you its trend,its up and down on h1 ,better dont play it.
  • #615,048
  • Aug 7, 2021 7:25am Aug 7, 2021 7:25am
Quoting nAVIN2007
{quote} I think she is a she, there was a photo posted so i assume she is she .. If i am wrong i am sorry IM still short bro..my trades are long term..so im expecting at least a test of 1.37, then going higher max 1.38 - 1.3850 area before free fall There nothing to post from my end because i have not touched my trading platform since last week, just looking at the range
Thanks. No difference to me, only surprised you mentioned.
We will find out after the camping trip some lucky people have.

Not looking for a downward market at all. Don't know how you guys can short? For me only way is up.

Attached picture from Lithuanian digital artist -
Algis Krisciunas

Bear at the ��
Attached Image (click to enlarge)
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  • #615,049
  • Aug 7, 2021 7:27am Aug 7, 2021 7:27am
yes.daily uptrend holds.
  • #615,050
  • Aug 7, 2021 7:34am Aug 7, 2021 7:34am
Quoting Jolita
{quote} Not looking for a downward market at all. Don't know how you guys can short? For me only way is up.
No pair trends forever
Make all mistakes in demo and rain in pips in live account
  • #615,051
  • Aug 7, 2021 7:43am Aug 7, 2021 7:43am
I’m with NavK on this , if long was in my view I wouldn’t have ended my trade. Long after 138-30 not before
Insane in the Brain..
  • #615,052
  • Aug 7, 2021 7:56am Aug 7, 2021 7:56am
Quoting W0lfram
Got alert from gold. Unfortunately I don't remember what I marked here, but starting to buy {image} GU nothing new for me, 1.377 BE for shorts, price may revisit y'day high... someday
This is either fresh demand or gaining positions before the next leg down
Since I bought gold, and it correlates positively with GBP most of the time, the scenario with support is preferable now. Don't want to lock (hedge) positions on gold as well.
Attached Image (click to enlarge)
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Air force
  • #615,053
  • Aug 7, 2021 8:18am Aug 7, 2021 8:18am
Quoting Jolita
{quote} Thanks. No difference to me, only surprised you mentioned. We will find out after the camping trip some lucky people have. Not looking for a downward market at all. Don't know how you guys can short? For me only way is up. Attached picture from Lithuanian digital artist - Algis Krisciunas Bear at the �� {image}

time will tell my friend..
  • #615,054
  • Aug 7, 2021 8:36am Aug 7, 2021 8:36am
daily.i can tell you the longer it stays,the bigger target up.
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  • #615,055
  • Edited 9:20am Aug 7, 2021 9:05am | Edited 9:20am
this does not transfer from photo to phone but I will see if I can find another way . And you will have to have a pc to open and zoom in .. I have tried to give an open view on the whole chart so that it might help . I hope I have not wasted my time
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  • #615,056
  • Aug 7, 2021 9:17am Aug 7, 2021 9:17am
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  • #615,057
  • Aug 7, 2021 9:19am Aug 7, 2021 9:19am
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I have just transferred them into time charted zones using the same analysis it wont transfer to the month,,,i hope its not tooo much for your weekend brain
  • #615,058
  • Aug 7, 2021 9:29am Aug 7, 2021 9:29am
Elbert on my chart price is at a reflection point can go up or down, however trend is down and momentum is down.
  • #615,059
  • Aug 7, 2021 9:32am Aug 7, 2021 9:32am
Quoting elbert3
{image}I have just transferred them into time charted zones using the same analysis it wont transfer to the month,,,i hope its not tooo much for your weekend brain
Wonderful analysis you've created.
Thank you again. I am out now, will deffinetly look into when back. Thanks, J
  • #615,060
  • Aug 7, 2021 11:35am Aug 7, 2021 11:35am
Attached Image (click to enlarge)
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Intraday Trading is an Art _ hoda
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