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Cable Update (GBPUSD)

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  • Post #616,741
  • Quote
  • Aug 15, 2021 7:34pm Aug 15, 2021 7:34pm
  •  KiwiTrada
  • Joined Aug 2009 | Status: Member | 12,448 Posts
looking forward to strong usd appreciation :-) low data until wed then shes all on, time to position prior to wed releases
If you are new to Forex? Say Goodbye to your account!!
 
 
  • Post #616,742
  • Quote
  • Aug 15, 2021 8:01pm Aug 15, 2021 8:01pm
  •  KiwiTrada
  • Joined Aug 2009 | Status: Member | 12,448 Posts
Quoting KiwiTrada
Disliked
{quote} maybe one of your better trades little early still, but yesterdays high 1758 is important to bears, entry was cheap sl just above, will reassess after london open
Ignored
yep too early 45 mins prior to london open, bears lost 1758, hopefully sl was as specified just above 1758, 10min after london open gb100 gapped up, plenty of warnings, note gold cable follow gb100 gap direction, back to waiting for tonights london open to see which direction she gaps, will assess then what to do with cable and gold:-) for now looking for pullback on both, uj may have bottomed out? 109 53, retesting as typing bbl
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  • Post #616,743
  • Quote
  • Aug 15, 2021 8:16pm Aug 15, 2021 8:16pm
  •  Amin1422
  • Joined Dec 2020 | Status: يبيع | 161 Posts
indices took a dump lol, looks like full meltdown
 
 
  • Post #616,744
  • Quote
  • Aug 15, 2021 8:30pm Aug 15, 2021 8:30pm
  •  Mr.Burger
  • Joined Jul 2021 | Status: 2022 target achieved! | 1,036 Posts
careful with short, keep sl tight as possible, if there is a 3rd wave, the bullish movement will be higher more and more than yesterday

--- goodluck everyone
Daddy, Brother, Lover, Little Boy
 
2
  • Post #616,745
  • Quote
  • Aug 15, 2021 9:04pm Aug 15, 2021 9:04pm
  •  KiwiTrada
  • Joined Aug 2009 | Status: Member | 12,448 Posts
Quoting Mr.Burger
Disliked
careful with short, keep sl tight as possible, if there is a 3rd wave, the bullish movement will be higher more and more than yesterday --- goodluck everyone
Ignored
I have 13pip sl, happy for the risk, gj is dumping au nu in pull back, ucad the flyer this morning swissy and dix wallowing @ support, so far good start to the week :-)
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2
  • Post #616,746
  • Quote
  • Aug 15, 2021 9:19pm Aug 15, 2021 9:19pm
  •  KiwiTrada
  • Joined Aug 2009 | Status: Member | 12,448 Posts
Quoting KiwiTrada
Disliked
{quote} I have 13pip sl, happy for the risk, gj is dumping au nu in pull back, ucad the flyer this morning swissy and dix wallowing @ support, so far good start to the week :-)
Ignored
cable daily
falling channel in play, aka bull flag, if when it breaks north should easily make 1 4000 psych level, for now falling channel is tradeable LL LH,s etc 13 pip sl with potential approx 80-90 pips return 1st target 1 3800 65 pips fridays high as marker 1 3873 my sl protector??
will depend on usd strengthening or gbp weakening or preferably both, opposite will support bulls!
Attached Image (click to enlarge)
Click to Enlarge

Name: GBPUSDDaily 16 8 2021.png
Size: 22 KB
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  • Post #616,747
  • Quote
  • Aug 15, 2021 9:45pm Aug 15, 2021 9:45pm
  •  KiwiTrada
  • Joined Aug 2009 | Status: Member | 12,448 Posts
Quoting KiwiTrada
Disliked
{quote} yep too early 45 mins prior to london open, bears lost 1758, hopefully sl was as specified just above 1758, 10min after london open gb100 gapped up, plenty of warnings, note gold cable follow gb100 gap direction, back to waiting for tonights london open to see which direction she gaps, will assess then what to do with cable and gold:-) for now looking for pullback on both, uj may have bottomed out? 109 53, retesting as typing bbl
Ignored
UJ approaching previous daily low 109 396 have bought defending, 13 pip sl, very powerful yen appreciation, looking for equally strong bounce???? gj approaching previous daily low also 151 505 watching both for yen indications now wait or die!!
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  • Post #616,748
  • Quote
  • Aug 15, 2021 9:55pm Aug 15, 2021 9:55pm
  •  Mr.Burger
  • Joined Jul 2021 | Status: 2022 target achieved! | 1,036 Posts
Quoting KiwiTrada
Disliked
{quote} I have 13pip sl, happy for the risk, gj is dumping au nu in pull back, ucad the flyer this morning swissy and dix wallowing @ support, so far good start to the week :-)
Ignored
ahh that's great kiwi goodluck, btw for this week it looks like pound sterling has a better data from the previous week, and the movement on the cable will be based on the dxy

--- have a great day
Daddy, Brother, Lover, Little Boy
 
 
  • Post #616,749
  • Quote
  • Aug 15, 2021 11:37pm Aug 15, 2021 11:37pm
  •  KiwiTrada
  • Joined Aug 2009 | Status: Member | 12,448 Posts
Quoting Mr.Burger
Disliked
{quote} ahh that's great kiwi goodluck, btw for this week it looks like pound sterling has a better data from the previous week, and the movement on the cable will be based on the dxy --- have a great day
Ignored
I dont like to guess what data is, will wait until released, :-) asia pacific session is limited to au nu and yen, au an nu shorts doing fine, waiting for usd appreciation, prs watching gold, swiss cad (flying) dix gu gj au nu all tapping or close to thier daily weekly s/r,s so "expecting usd to make a move soon, feeling quite comfortable right now, will feel much better after London opening :-)
If you are new to Forex? Say Goodbye to your account!!
 
2
  • Post #616,750
  • Quote
  • Aug 15, 2021 11:53pm Aug 15, 2021 11:53pm
  •  KiwiTrada
  • Joined Aug 2009 | Status: Member | 12,448 Posts
Quoting KiwiTrada
Disliked
{quote} cable daily falling channel in play, aka bull flag, if when it breaks north should easily make 1 4000 psych level, for now falling channel is tradeable LL LH,s etc 13 pip sl with potential approx 80-90 pips return 1st target 1 3800 65 pips fridays high as marker 1 3873 my sl protector?? will depend on usd strengthening or gbp weakening or preferably both, opposite will support bulls! {image}
Ignored
reducing sl to 7pips looking good right now :-)
If you are new to Forex? Say Goodbye to your account!!
 
2
  • Post #616,751
  • Quote
  • Aug 16, 2021 1:14am Aug 16, 2021 1:14am
  •  Theoak
  • Joined Apr 2019 | Status: Member | 5,492 Posts
Short in at 1.3850
Don't trade what you think. Just what you see!!!
 
4
  • Post #616,752
  • Quote
  • Aug 16, 2021 1:20am Aug 16, 2021 1:20am
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 4.0 | 5,398 Posts
Todays prediction going on my never failing analysis of all being 50/50

Attached Image
Soon To Be Temporarily Suspended Again
 
2
  • Post #616,753
  • Quote
  • Aug 16, 2021 1:30am Aug 16, 2021 1:30am
  •  kris89
  • Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts
Quoting Theoak
Disliked
Short in at 1.3850
Ignored
Elder Oak
Long time no shown
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
 
 
  • Post #616,754
  • Quote
  • Aug 16, 2021 1:31am Aug 16, 2021 1:31am
  •  KiwiTrada
  • Joined Aug 2009 | Status: Member | 12,448 Posts
Quoting KiwiTrada
Disliked
{quote} reducing sl to 7pips looking good right now :-)
Ignored

eu @ bottom of todays range swiss and dix @top waiting for pops, reducing cable to BE little wary of present minor support 3845 be happier if she could just drop through?
If you are new to Forex? Say Goodbye to your account!!
 
2
  • Post #616,755
  • Quote
  • Aug 16, 2021 1:37am Aug 16, 2021 1:37am
  •  Theoak
  • Joined Apr 2019 | Status: Member | 5,492 Posts
Quoting kris89
Disliked
{quote} Elder Oak Long time no shown
Ignored
Been Busy with a building Project
Don't trade what you think. Just what you see!!!
 
1
  • Post #616,756
  • Quote
  • Aug 16, 2021 1:47am Aug 16, 2021 1:47am
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,287 Posts
for once i am waiting for lo or at least for fo
anyway , no trade for now because there is a bearish signal above daily and weekly
pivot so i am waiting for a reversal or price to close below them
Attached Image (click to enlarge)
Click to Enlarge

Name: gu1.png
Size: 31 KB
 
 
  • Post #616,757
  • Quote
  • Aug 16, 2021 1:56am Aug 16, 2021 1:56am
  •  kris89
  • Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts
Below we have 1.37700 upper we havr 1.38800
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
 
 
  • Post #616,758
  • Quote
  • Aug 16, 2021 1:57am Aug 16, 2021 1:57am
  •  Feelas
  • | Joined Jan 2021 | Status: Member | 178 Posts
Good Morning Folks,
I am short for today till i see a clear reversal pattern on 15m TF .
Attached Image (click to enlarge)
Click to Enlarge

Name: GBPUSDmH1.png
Size: 26 KB
 
4
  • Post #616,759
  • Quote
  • Aug 16, 2021 2:25am Aug 16, 2021 2:25am
  •  nAVIN2007
  • Joined Dec 2007 | Status: mac daddy junior :) | 20,841 Posts
Quoting Erebus
Disliked
{quote} Tradingview , where have you been? It's got everything! {image}
Ignored

thanks bro...just what i needed to see (i been in a cave ....lol)
I will check Trading view out but it cost a lost i guess
 
1
  • Post #616,760
  • Quote
  • Aug 16, 2021 2:31am Aug 16, 2021 2:31am
  •  kris89
  • Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts
1st trade of these week. Sell @1.38550
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
 
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