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Cable Update (GBPUSD)

  • #615,721
  • Aug 11, 2021 6:33am Aug 11, 2021 6:33am
Quoting Moty
{image}
Its goto weekly pivot. And maximum this week, weekly R2 for the target
  • #615,722
  • Aug 11, 2021 6:36am Aug 11, 2021 6:36am
will be OFF for few days until Monday.

Bye guys.
Intraday only.
  • #615,723
  • Aug 11, 2021 6:37am Aug 11, 2021 6:37am
Quoting Nordling00
{quote} Sell it in the wall street closing, just before the wellington session.
oh yes the renowned New Zealand crew coming onboard
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #615,724
  • Aug 11, 2021 6:38am Aug 11, 2021 6:38am
Quoting corongumet
{quote} Its goto weekly pivot. And maximum this week, weekly R2 for the target
yes , dx have still not reached its adr low, gu will break 1.389000 and retrace
Attached Image (click to enlarge)
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yes yes yes
  • #615,725
  • Aug 11, 2021 6:44am Aug 11, 2021 6:44am
Quoting BigNumbers
{quote} Approximately 5.1 Trillion dollars is traded in the forex market daily; that’s an average of $2.2B hourly. If i owned an hedge Funds that’s worth $50B and I decided to distribute orders in the market for few hours; that means I will dictate its flows for that time being. Those HIGHS & LOWS don’t happen by chance. wyckoff distribution schematic was trying to explain this concept. The distribution is sideways and a range-bound trading period. It usually occurs after a prolonged uptrend. This is the trading zone where big players build short...
Then you are not tricking but its totally normal to create supply and demand isnt it?
How to succeed in zero sum game?
  • #615,726
  • Aug 11, 2021 6:45am Aug 11, 2021 6:45am
Quoting navk
will be OFF for few days until Monday. Bye guys.
Bye navk, go spend some money.. drive the economy.
  • #615,727
  • Aug 11, 2021 6:46am Aug 11, 2021 6:46am
Quoting Moty
{quote} yes , dx have still not reached its adr low, gu will break 1.389000 and retrace {image}
Welldone @moty brother nice analysis
  • #615,728
  • Aug 11, 2021 6:50am Aug 11, 2021 6:50am
Quoting Bones
{quote} oh yes the renowned New Zealand crew coming onboard
I am sorry Mr. Bones i want to thank you so much. I owe you everything. I am not joking. What would i do if we weren't in the same market!
You have to have an IQ higher than 90 to interact with this user.
  • #615,729
  • Aug 11, 2021 6:54am Aug 11, 2021 6:54am
Quoting Techanalyst
{quote} Rookie go take a walk.
you are the best
  • #615,730
  • Aug 11, 2021 6:56am Aug 11, 2021 6:56am
Quoting Moty
{quote} yes , dx have still not reached its adr low, gu will break 1.389000 and retrace {image}
nice analysis , i see that not at the first time.
  • #615,731
  • Aug 11, 2021 6:56am Aug 11, 2021 6:56am
Quoting Tekin
{quote} boom and boom
was it just momentum or new up trend start lets check stop is at 1.3910 tp 1.34
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  • #615,732
  • Aug 11, 2021 7:00am Aug 11, 2021 7:00am
Quoting mysterio
{quote} Why sir ? The key was this choppy section of price action in the grey box, once you see this you know orders are being accumulated for a big move The bullish zone between 1.3808-16 was created on the 27th June with a strong bull move so we knew the spike down was a fake out {image}
maybe, i thought it will go lower, my fault

Attached Image (click to enlarge)
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price turned right away after i closed position
  • #615,733
  • Aug 11, 2021 7:01am Aug 11, 2021 7:01am
Quoting Waveskierrob
{quote} you are the best
Attached Image
  • #615,734
  • Aug 11, 2021 7:05am Aug 11, 2021 7:05am
Quoting Techanalyst
{quote} {image}
Please don't leave FF we love you on here , but if you really must it's, click logout button don't' sign back in, it's that easy
  • #615,735
  • Aug 11, 2021 7:09am Aug 11, 2021 7:09am
Darn retrace is back lol! Holding onto longs from 13834 tempted to cash in and go north again

edit took profit will go back north at 1384
Insane in the Brain..
  • #615,736
  • Aug 11, 2021 7:10am Aug 11, 2021 7:10am
Quoting Wavegarrick
{quote} Hi Guys, All recent shorts closed. I am setting up for a cyclic upmove. I could be jumping the gun here but I take it for what it is in the here and now with stops in place, I have good cyclic bullish hints at the moment from a daily and weekly perspective, however, I don't discard a move to my monthly pivot at 1.38197 or 1.38000 for an overshoot. Have a great week, cheers. {image} {image}
Anyway Folks,
So far so good. I am getting confirmation signals for a cyclic upmove and will treat retraces as buy opportunities. All buy trades locked in.
Have a great week.
Cheers.
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Trade to trade another day
  • #615,737
  • Aug 11, 2021 7:10am Aug 11, 2021 7:10am
Quoting Waveskierrob
{quote} Please don't leave FF we love you on here , but if you really must it's, click logout button don't' sign back in, it's that easy
Why would I give you that satisfaction... when i have been posting valuable information?? Now i will stay and get on rookie nerves like yourself
Attached Image
  • #615,738
  • Aug 11, 2021 7:11am Aug 11, 2021 7:11am
Quoting BeeTogether
Darn retrace is back lol! Holding onto longs from 13834 tempted to cash in and go north again
I probably re-buy around 1.3815-17, see how it looks
  • #615,739
  • Aug 11, 2021 7:11am Aug 11, 2021 7:11am
Gbpusd daily bearish.Trade safe.
  • #615,740
  • Aug 11, 2021 7:12am Aug 11, 2021 7:12am
Finally, just revised my short sell to buy long.....
Waiting to add more long position......
Trade well mates........
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