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Cable Update (GBPUSD)

  • #616,601
  • Aug 13, 2021 12:48pm Aug 13, 2021 12:48pm
Quoting Nd10
{quote} Ogbeni what's still your take on this? Though it's still holds as it isn't convincingly broken yet
The break of 1.3850 invalidated 1.3770 for now but won't deny it for much longer, so I did remove one of my sell trades at 1.3805 earlier locking in 145 pips... Days ahead will still see 1.3516 as far as 1.3910 holds...

Lower highs on 4 hours time frame...
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Data + Stat + Risk/Emotions Management
  • #616,602
  • Aug 13, 2021 12:50pm Aug 13, 2021 12:50pm
Quoting Georginson
{quote} The break of 1.3850 invalidated 1.3770 for now but won't deny it for much longer, so I did remove one of my sell trades at 1.3805 earlier locking in 145 pips... Days ahead will still see 1.3516 as far as 1.3910 holds...
Better person. Na Lasgidi u d so... That your exit was phenomenal. Na people 5 months salary o
  • #616,603
  • Aug 13, 2021 12:51pm Aug 13, 2021 12:51pm
Quoting Georginson
{quote} The break of 1.3850 invalidated 1.3770 for now but won't deny it for much longer, so I did remove one of my sell trades at 1.3805 earlier locking in 145 pips... Days ahead will still see 1.3516 as far as 1.3910 holds...
it won't hold ,I clearly see this as high probability
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #616,604
  • Aug 13, 2021 12:52pm Aug 13, 2021 12:52pm
Quoting hasib
{quote} GU is most likely go up next week but I will look for PBO to buy. Hope I will get it in Monday. This is how I think currently. {image}
GU, I will not surprise if price move towards 1.42 level. we are in big range so Price may move top of the range 25% +/-
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MA provides the market's current direction and strength.
  • #616,605
  • Aug 13, 2021 12:59pm Aug 13, 2021 12:59pm
Quoting Bones
{quote} it won't hold ,I clearly see this as high probability
Please be more clear...

Quoting Nd10
{quote} Better person. Na Lasgidi u d so... That your exit was phenomenal. Na people 5 months salary o
My Naija brother, over scalping fit ruin person life ooo. Na wisdom to swing at reasonable prices...
Data + Stat + Risk/Emotions Management
  • #616,606
  • Aug 13, 2021 1:01pm Aug 13, 2021 1:01pm
Quoting hasib
{quote} GU is most likely go up next week but I will look for PBO to buy. Hope I will get it in Monday. This is how I think currently. {image}
Yes exactly same view, I haven't planned Monday yet but some retrace to a fib level then buy again for 1.40 next week
  • #616,607
  • Aug 13, 2021 1:02pm Aug 13, 2021 1:02pm
Quoting ChiForex
GU basing below 1.3880s on monthly turning it resistance to head toward 1.3790s support, bulls don't buy before, if bears can base it below there..will become bearish but that's for later talk..
Nothing changed, same range on monthly.
1.3880s held 1.3790s too. GU in bearish channel on daily, weekly have to close above 1.3890 that's seen too optimistic now.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #616,608
  • Aug 13, 2021 1:16pm Aug 13, 2021 1:16pm
Quoting bilal1947
{quote} Loss trades twice? but what are the lessons to be notice, i entered way too early twice, onwards i should see Dollar index always rather USDJPY and accordingly take the position. The same time when dollar finish the retracement, gbp made a low on 12.08 but today it even go below yesterday to grab its liquidity only then it started to move. {image}
how many pips was your stop, if it is 20 to 30 pips, its ok to lose 2, 3 even 5 trade in a row. You can recover it once market start moving in your directions.
I have saw your doing well bro. Keep it up.
MA provides the market's current direction and strength.
  • #616,609
  • Aug 13, 2021 1:17pm Aug 13, 2021 1:17pm
Quoting Nordling00
{quote} Dude we don't even have Inflation in Turkey. We have HYPERINFLATION. Our PPI is 45% OUR GOVERNMENT IS F*ING US
so how much % do you need to make in forex every year to keep your savings at least at break even (regarding to inflation in your country)
  • #616,610
  • Aug 13, 2021 1:37pm Aug 13, 2021 1:37pm
Quoting genadi
{quote} so how much % do you need to make in forex every year to keep your savings at least at break even (regarding to inflation in your country)
Good question! Well it's so easy. So in Turkey we use Turkish Lira (TRY) and in order to protect my savings, as soon as i get some Turkish liras in my pocket i go and buy gold, cryptos, foreign currencies etc. As soon as you get rid of the Turkish Lira, you are free of inflation cause you know gold, foreign currencies, cryptos and real estate always outdo inflation. So that way i easily protect my savings. There's just one rule: No matter what you invest in, don't stay in Turkish lira. Just carry like 200-300 Liras in your wallet just in case in your daily life.

In Forex, my account's currency is US dollars so my savings doesn't even get effected from Turkey's inflation. I just have to worry about USD's inflation which is 5% right now, and making 5% from forex yearly is easy and not something to worry about.

So i don't have a problem with protecting my savings but the problem is when you take your salary in Turkish Liras (and we do), your purchasing power decreases dramatically every year. That's the hardest part.
You have to have an IQ higher than 90 to interact with this user.
  • #616,611
  • Edited 1:59pm Aug 13, 2021 1:38pm | Edited 1:59pm
Quoting Georginson
{quote} Please be more clear... {quote} My Naija brother, over scalping fit ruin person life ooo. Na wisdom to swing at reasonable prices...
910 isn't a reliable number also the lower highs like that are not reliable
we can see two high probability local set ups
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #616,612
  • Aug 13, 2021 1:48pm Aug 13, 2021 1:48pm
so gold weekly looks like this and dxy is bearish ,
gold daily looks very firm ,
Then cable weekly is is probably bullish within the overall range
pay attention to long wicks relative to chart
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #616,613
  • Aug 13, 2021 1:55pm Aug 13, 2021 1:55pm
Gold and Gbpusd currently a sell down
  • #616,614
  • Aug 13, 2021 2:03pm Aug 13, 2021 2:03pm
Quoting [B
BeeTogether[/b];13667071]{quote} cheers mate! Yup city and United looking quite slick.. this season is about survival for us win or lose it’s going to be epic!
I see you & enjoy the match. Ticket sold out.

All the best BEES get the Gunners - kick off


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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #616,615
  • Aug 13, 2021 2:12pm Aug 13, 2021 2:12pm
Quoting Nordling00
{quote} Good question! Well it's so easy. So in Turkey we use Turkish Lira (TRY) and in order to protect my savings, as soon as i get some Turkish liras in my pocket i go and buy gold, cryptos, foreign currencies etc. As soon as you get rid of the Turkish Lira, you are free of inflation cause you know gold, foreign currencies, cryptos and real estate always outdo inflation. So that way i easily protect my savings. There's just one rule: No matter what you invest in, don't stay in Turkish lira. Just carry like 200-300 Liras in your wallet just in...
  • #616,616
  • Aug 13, 2021 2:18pm Aug 13, 2021 2:18pm
Nzdchf also worth following to the downside. I should stop, but I love the process
  • #616,617
  • Aug 13, 2021 2:18pm Aug 13, 2021 2:18pm
Quoting Pat Chiko
{quote} I see you & enjoy the match. Ticket sold out. All the best BEES get the Gunners - kick off {image} {image}
it is coming home
  • #616,618
  • Aug 13, 2021 2:22pm Aug 13, 2021 2:22pm
Quoting Pat Chiko
{quote} I see you & enjoy the match. Ticket sold out. All the best BEES get the Gunners - kick off {image} {image}
0.1% to survive in the premier league even if they defeat 7-0 Arsenal.
i look at arsenal line up.. omg who are those guys.
beside xhaka all of them should sit on the bench
  • #616,619
  • Aug 13, 2021 2:27pm Aug 13, 2021 2:27pm
We play rugby in this country
  • #616,620
  • Aug 13, 2021 2:29pm Aug 13, 2021 2:29pm
Quoting Pat Chiko
{quote} I see you & enjoy the match. Ticket sold out. All the best BEES get the Gunners - kick off {image} {image}
Jean-Luc Picard (1st from the right) also there, nice.
Air force
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