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Cable Update (GBPUSD)

  • #616,081
  • Aug 12, 2021 7:09am Aug 12, 2021 7:09am
Quoting babayaga
{quote} to me it looks more like SELL.., could be wrong of course only look at above range she went from it's quite significant 30M & 4H {image} {image}
yes it look like a sell no question about it.
but from where it will continue.
gold demand higher accuracy level than currencies
  • #616,082
  • Aug 12, 2021 7:13am Aug 12, 2021 7:13am
Quoting mysterio
{quote} Just got to be patient.. entries: https://www.forexfactory.com/thread/...6#post13664956 With intraday studying the LTF price action is crucial because it may not exactly hit your level but instead a general zone of interest. Locking in at BE for news then re-evaluate, looking for 1.39 minimum.. there will likely be some stop hunting at PPI The FVG is great because it gave us a high probability short at LO after the asia range stop hunt EDIT-taken out BE for news--my own fault-- wait and see now {image}
Looks like the longs are building up-- remaining a buyer at this level
  • #616,083
  • Aug 12, 2021 7:14am Aug 12, 2021 7:14am
all my respect to any opinion
but
"it can only go up..."
make me "proprio" laugh
excuse me
no.., she can go up of course.., but
let's see

P.S please look at many pair that have made "correction" already after long run"UP" after March 2020..,
and cable is better.., no she's the best...
dolce vita
  • #616,084
  • Aug 12, 2021 7:17am Aug 12, 2021 7:17am
Quoting babayaga
{quote} to me it looks more like SELL.., could be wrong of course only look at above range she went from it's quite significant 30M & 4H {image} {image}
this is my true problem.. early sellers?
market will punish them?
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  • #616,085
  • Aug 12, 2021 7:18am Aug 12, 2021 7:18am
Quoting gatenio
{quote} Why? What happened?
It’s just messy today. UK data not brilliant but not enough to make the drop hard and the US data better but not great.
Insane in the Brain..
  • #616,086
  • Aug 12, 2021 7:18am Aug 12, 2021 7:18am
Quoting gatenio
My buy limit close to trigger, 1.383, sl 1.38 tp 1.407

I think it's good buy.........
I started buying from 38800 with the intention to reduce position if I goes below 38450 which I did but after the positive data release without significant move l believed that sellers are weak and then continue to buy which will be till below 38000 at which I will accept that I'm wrong. In overall buy at that level, 8 will only be risking 2% of my account....
Happy trading........
  • #616,087
  • Aug 12, 2021 7:19am Aug 12, 2021 7:19am
gj
left trends ( one from the morning and another before NY open)
she "has" to come to 152.40th ( missing pivot)
but trying to refuse
Attached Image (click to enlarge)
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dolce vita
  • #616,088
  • Aug 12, 2021 7:25am Aug 12, 2021 7:25am
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yes yes yes
  • #616,089
  • Aug 12, 2021 7:32am Aug 12, 2021 7:32am
Remember folks, GBPUSD has a tendency to defy logic. Where it doesn't make sense is probably the direction to go.
Learn from your mistakes and march on.
  • #616,090
  • Aug 12, 2021 7:34am Aug 12, 2021 7:34am
Took the -10 pip hit on my buy--wait and watch for now, I still want to buy closer to 1.3820, no rush
  • #616,091
  • Aug 12, 2021 7:35am Aug 12, 2021 7:35am
Quoting Moty
{image}

No gut no glory.........
No trend is indefinit .......
It's all action and reaction
Price will always go where it wants and we have no control over it's movement.
So far we are in the direction of visible impulse we will be good if not then we will be f**Ked
I still have buying buy if need arise
Happy trading........
  • #616,092
  • Edited 10:34am Aug 12, 2021 7:35am | Edited 10:34am
Quoting gatenio
{quote} this is my true problem.. early sellers? market will punish them? {image}
I missed two opportunity to buy
first at 1692th ( I was looking at that forming candle on 1H but.. haven't got balls "enough" that night)
second at 1719th.., simple missed ( and I have line here..,)

now I expecting "touch" at 1710th area ( that could lead to 1650 ???) and I trying to sell.., looking at least
why
only my thoughts
dolce vita
  • #616,093
  • Aug 12, 2021 7:38am Aug 12, 2021 7:38am
Quoting babayaga
{quote} I missed two opportunity to buy first at 1692th ( I was looking at that forming candle on 1H but.. haven't got ball "enough" that night) second at 1719th.., simple missed ( and I have line here..,) now I expecting "touch" at 1710th area ( that could lead to 1650 ???) and I trying to sell.., looking at least why only my thoughts
1692. I was a asleep, i had an opportunity to buy 1720, but i passed it.
took small profit every time price drop some.
  • #616,094
  • Aug 12, 2021 7:39am Aug 12, 2021 7:39am
Quoting Moty
{image}

ur entry point was support last week got broken this week and testeted ..if you pay attention the market gave u chnce to close the buy but you didnt now ur entry is RESISTANCE
MY OPINION NOT FINANCIAL ADVISE
  • #616,095
  • Aug 12, 2021 7:41am Aug 12, 2021 7:41am
gj
first profit.., 24 pips.., from gj.., day movement.., only lough through tears
Attached Image (click to enlarge)
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dolce vita
  • #616,096
  • Aug 12, 2021 7:44am Aug 12, 2021 7:44am
Quoting mysterio
Took the -10 pip hit on my buy--wait and watch for now, I still want to buy closer to 1.3820, no rush
These guys mean business this time, no joke… be wise
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Did you place your stop loss order? Why not?!? Story of my life...
  • #616,097
  • Aug 12, 2021 7:45am Aug 12, 2021 7:45am
Quoting gatenio
{quote} 1692. I was a asleep, i had an opportunity to buy 1720, but i passed it. took small profit every time price drop some.
it's rare thing.., but during that move I was at the screen
dolce vita
  • #616,098
  • Aug 12, 2021 7:49am Aug 12, 2021 7:49am
longs
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The only constant is change
  • #616,099
  • Aug 12, 2021 7:55am Aug 12, 2021 7:55am
Quoting littspaniard
longs {image}
move stop at even... beautiful trade with buy stop
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The only constant is change
  • #616,100
  • Aug 12, 2021 7:56am Aug 12, 2021 7:56am
Quoting babayaga
{quote} it's rare thing.., but during that move I was at the screen
Yes, i think last time we were witnesses to drop
like that was after pfizer vaccine announcement.
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