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Cable Update (GBPUSD)

  • #616,461
  • Aug 13, 2021 7:27am Aug 13, 2021 7:27am
Quoting mysterio
{quote} I have 1.4 in my head too, but i'm scalper/intraday only and get myself into trouble when I start imagining dream targets-- good luck with it !
Well most probably i wont have the patience to let it run to 1.4 , most probably will be in and out scalping long
  • #616,462
  • Aug 13, 2021 7:27am Aug 13, 2021 7:27am
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many reason for me to buy back there in long condition
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #616,463
  • Aug 13, 2021 7:30am Aug 13, 2021 7:30am
good short area maybe
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  • #616,464
  • Aug 13, 2021 7:32am Aug 13, 2021 7:32am
Quoting gatenio
{quote} im going to tp 1.3848 today, it is enough for me for today. Will wait for more confirmation for upward move thank to pat and mysterio that show me the untested supply on m30
50 pips is a pretty good target
  • #616,465
  • Aug 13, 2021 7:34am Aug 13, 2021 7:34am
Quoting Amin1422
I think 92.80 support wants to give out{image}

No one can tell if it will give out or hold
I only use it size up the strength of gbpusd
That is for info on which of the two currencies is driving the pair.

For now, it's dropping meaning weakness of USD
So if USD is selling another currency need to be USD to buy it and in this case GBP

Enjoy your trading
  • #616,466
  • Aug 13, 2021 7:37am Aug 13, 2021 7:37am
Quoting OnlineAddict
Buying below 3800...target 3880.
I am taking 3830...waiting for next long entries...maybe below 3800 again...its friday after all.
Everyone can see the chart, but only a few can actually read it.
  • #616,467
  • Aug 13, 2021 7:41am Aug 13, 2021 7:41am
Quoting Otiken
{quote} No one can tell if it will give out or hold I only use it size up the strength of gbpusd That is for info on which of the two currencies is driving the pair. For now, it's dropping meaning weakness of USD So if USD is selling another currency need to be USD to buy it and in this case GBP Enjoy your trading
It already seems to have friend, I can agree with you then that its better to buy usd quoted pairs
in my case I missed out, but I will try wait for correction
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  • #616,468
  • Aug 13, 2021 7:42am Aug 13, 2021 7:42am
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  • #616,469
  • Aug 13, 2021 7:43am Aug 13, 2021 7:43am
Quoting mysterio
{quote} I have 1.4 in my head too, but i'm scalper/intraday only and get myself into trouble when I start imagining dream targets-- good luck with it !

the target are always stays, this the intraday pa that playing with our head.

same as you, better take what you can now, tomorrow it will be another day and another trade.
  • #616,470
  • Aug 13, 2021 7:43am Aug 13, 2021 7:43am
I cashed in as I see that PA will soon pullback, So I monitor with Fib retracement tool in order to re-enter later at a better PA.
If I went too soon, I'll just have to wait for the retracement to occur and monitor accordingly.
Attached Image (click to enlarge)
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  • #616,471
  • Aug 13, 2021 7:44am Aug 13, 2021 7:44am
closed everything but euro for now
'd like to see how 1.3840th plays
dolce vita
  • #616,472
  • Aug 13, 2021 7:44am Aug 13, 2021 7:44am
Out @ 30, seems like a temporary top, might enter later
  • #616,473
  • Aug 13, 2021 7:45am Aug 13, 2021 7:45am
...3834-40 another 3 fib cluster , 3834 being 50% 3878-3791....other fibs also being of swing hi's from and incl 3984 to that 3791 lo....1hr below.
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Trader with an Edge.
  • #616,474
  • Aug 13, 2021 7:48am Aug 13, 2021 7:48am
Quoting W0lfram
{quote} Trying to guess double bottom and LOD. Not doing well so far{image}
Picked from 3rd try. Out
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Air force
  • #616,475
  • Aug 13, 2021 7:48am Aug 13, 2021 7:48am
SELL @ 1.3830 no tp no sl
  • #616,476
  • Aug 13, 2021 7:49am Aug 13, 2021 7:49am
Quoting Otiken
{image}{image}
Check out the above index.......
Since New York open.......
They have been selling USD to buy back GBP
Who knows, maybe they will mop up all the GBP sold sold since yesterday
Probably the info on the manipulator of GBP has been leaked and the dollar king is covering up
We will see........
Trade well
  • #616,477
  • Aug 13, 2021 7:51am Aug 13, 2021 7:51am
Good timing!
PA is retracing! Let's see how far it will an when it will resume, let's buy the dip up
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  • #616,478
  • Aug 13, 2021 7:53am Aug 13, 2021 7:53am
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mmmmm
  • #616,479
  • Aug 13, 2021 7:58am Aug 13, 2021 7:58am
Quoting gatenio
{quote} im going to tp 1.3848 today, it is enough for me for today. Will wait for more confirmation for upward move thank to pat and mysterio that show me the untested supply on m30
if she'll come to 1.3848.., can go higher
but watch 1.3840
can be H for today

dolce vita
  • #616,480
  • Aug 13, 2021 8:00am Aug 13, 2021 8:00am
... 2nd consec 1hr bullish bodied close, 4hr too (gmt+3 4hr candle,) and new ascending 4hr t/line joins swing lo @ 3572 with this 3791current dly lo - now a fractal 4hr swing lo too.

4hr below.
Attached Image
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