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Cable Update (GBPUSD)

  • #616,101
  • Aug 12, 2021 9:56am Aug 12, 2021 9:56am
Quoting kenny4real
{quote} Nice. I also anticipated one more push to the upside before the eventual fall.
i want it to eventually fly though, hedged the buys for few pips, hoping now it will keep moving.
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"Exchange of hands"
  • #616,102
  • Aug 12, 2021 9:57am Aug 12, 2021 9:57am
Quoting babayaga
{quote} it's rare thing.., but during that move I was at the screen

Across all major pairs note the strenght of usd and it more clear on USD index. To make matter worst GBP index is weak flowing into the strength of USD. It's just a matter of time before one or both currencies get married again...,
Happy trading.........
  • #616,103
  • Aug 12, 2021 9:57am Aug 12, 2021 9:57am
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ab=cd ?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #616,104
  • Aug 12, 2021 9:58am Aug 12, 2021 9:58am
Quoting Pat Chiko
GU Support resistance look out zone. If level hold it will bounce higher., invalidate if support broken. Bear will be in control With Red News (USD PPI m/m) later today during NY Session. Trade safe. {image}
Hey PAT support broken what next?
  • #616,105
  • Aug 12, 2021 10:00am Aug 12, 2021 10:00am
Quoting Moty
{image}
on this point i sell yesterday now it come back litle bit in proft
  • #616,106
  • Aug 12, 2021 10:03am Aug 12, 2021 10:03am
come on mf
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yes yes yes
  • #616,107
  • Aug 12, 2021 10:04am Aug 12, 2021 10:04am
it seems more easy to buy
but today is not yesterday ...or
sell (scalping for 10 pips).., gj added TP at 152.49
let's see

P.S.
1.37th.., WPP is still missing...
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dolce vita
  • #616,108
  • Aug 12, 2021 10:10am Aug 12, 2021 10:10am
Quoting Bones
{image}ab=cd ?
Simply, no it's not likely to happen soon Mr. Bones. It looks like a good sell. What do you think?
You have to have an IQ higher than 90 to interact with this user.
  • #616,109
  • Aug 12, 2021 10:16am Aug 12, 2021 10:16am
open longs.. new chance for me on that support area
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The only constant is change
  • #616,110
  • Aug 12, 2021 10:17am Aug 12, 2021 10:17am
i upload this scenario in the morning
this is how the crooks works , false break , over extended reversal , then a follow up
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yes yes yes
  • #616,111
  • Aug 12, 2021 10:18am Aug 12, 2021 10:18am
Quoting Bones
{image}ab=cd ?
Longs added already. First tp 1.40. Second tp 1.417
  • #616,112
  • Aug 12, 2021 10:20am Aug 12, 2021 10:20am
Quoting Bones
{image}ab=cd ?
or a Possible Inverted H&S making on daily timeframe with same target range..
  • #616,113
  • Aug 12, 2021 10:21am Aug 12, 2021 10:21am
Quoting Otiken
{quote} Across all major pairs note the strenght of usd and it more clear on USD index. To make matter worst GBP index is weak flowing into the strength of USD. It's just a matter of time before one or both currencies get married again..., Happy trading.........
sorry, but I do not look at USD index
thank you any way

I look at oil, gold, few pairs.., and mostly at the chart
I am a "chart addict" person


happy trading 2U2
dolce vita
  • #616,114
  • Aug 12, 2021 10:21am Aug 12, 2021 10:21am
Quoting Nd10
{quote} Longs added already. First tp 1.40. Second tp 1.417
Agreed the market is powering up for a big move- this can be a big W pattern on the h1 demand level imo.
  • #616,115
  • Aug 12, 2021 10:26am Aug 12, 2021 10:26am
Quoting coyoteuglyxxx
{quote} These guys mean business this time, no joke… be wise {image} {image}
I don't know. It's looking more and more like a bear trap.
Learn from your mistakes and march on.
  • #616,116
  • Aug 12, 2021 10:30am Aug 12, 2021 10:30am
If any one follows the eur crosses eurcad might be a good sell down soon. I am watching level 1.46870 to see price reaction
  • #616,117
  • Aug 12, 2021 10:31am Aug 12, 2021 10:31am
Bull and bears make money in this game.....
While bears are making money bull can not and while bull are killing it bears can not.
There is no right or wrong way .....
There is daily, hourly, 15min and 5min trends, flow with the trend you can manage holding to the basics.
  • #616,118
  • Aug 12, 2021 10:33am Aug 12, 2021 10:33am
Scalping for few pips.
Open Long with tight S.l.
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Intraday Trading is an Art _ hoda
  • #616,119
  • Aug 12, 2021 10:34am Aug 12, 2021 10:34am
GU Daily Candle still showing turned into a buy so I don't short against the day, and am in a buy currently down only 14 pips entered at 1.38484, the 1 hour and 4 hour are still in a sell and I am concerned it might want to push down to 1.3788 to complete a Daily M3 move to Daily M1 move and I wont be in it if it does that, for now the 4 hour 200 moving average is holding as support at 1.38297, and as Im only 15 pips down in my buy will stay in it for now, ...GOLD still in a buy as Gold likes to touch the daily Pivot point every day which is why it retraced to 1743.21. only up 63 pips in Gold, my day is showing a buy, the 4 hour and 1 hour not confirming this ...yet
If you don't earn from it you learn from it
  • #616,120
  • Aug 12, 2021 10:34am Aug 12, 2021 10:34am
Quoting Siame
{quote} Got stopped out of my BULLish position. With the formation of a new Bearish Block and also with price below the FPV, I've flipped Bearish with Target at 1.38150 {image}

CLOSED positions. Bored.

PA looks like it's about to grind back up.
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