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Cable Update (GBPUSD)

  • #616,921
  • Aug 16, 2021 8:44am Aug 16, 2021 8:44am
If today's high is A we should see 2nd leg up...
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Always trade your own plan...I don't provide trading signals.
  • #616,922
  • Aug 16, 2021 8:44am Aug 16, 2021 8:44am
Quoting Pat Chiko
{quote} I think GJ is better trade today. clear vision on the price direction since last Friday. Today down 100 pips, not even significant pull back along the down trend. {image}
GJ, I'm short from last week on the top with bearish bat pattern on H1, and I still hold my long entry with additional position on the cable,
btw today no gadget so I can't share my chart,

--- cheers PAT
Daddy, Brother, Lover, Little Boy
  • #616,923
  • Aug 16, 2021 8:45am Aug 16, 2021 8:45am
Tomorrow price will visit above 1.39.

maybe today?

structure still down, but weakness is present
  • #616,924
  • Aug 16, 2021 8:46am Aug 16, 2021 8:46am
Quoting gatenio
Tomorrow price will visit above 1.39. maybe today?
Tomorrow? Maybe too early, this month? Most probable
  • #616,925
  • Aug 16, 2021 8:46am Aug 16, 2021 8:46am
Quoting Coreg2004
If today's high is A we should see 2nd leg up... {image}
Coreg2004,

you always doing a great job!

--- cheers budd
Daddy, Brother, Lover, Little Boy
  • #616,926
  • Aug 16, 2021 8:51am Aug 16, 2021 8:51am
Quoting Mr.Burger
{quote} GJ, I'm short from last week on the top with bearish bat pattern on H1, and I still hold my long entry with additional position on the cable, btw today no gadget so I can't share my chart, --- cheers PAT
Good for you Man.

That's easily 200 pips on the card.

Congrats

I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #616,927
  • Aug 16, 2021 8:51am Aug 16, 2021 8:51am
Quoting Mr.Burger
{quote} Coreg2004, you always doing a great job! --- cheers budd
Mr.Burger, I follow your lead from yesterday's open.
Always trade your own plan...I don't provide trading signals.
  • #616,928
  • Aug 16, 2021 8:55am Aug 16, 2021 8:55am
I've taken SELL positions with the fail of BULLs to hold price above Previous Week's High.

The Day is not yet over, so it's still possible to push price back to those Highs, hence the need for a SL just at the Highs.

If the BEARS continue to keep it within these zone, I'll be expecting price to move further down...back to the Round Number.

Until then, I've taking the BEARish sides, while watching the Daily Close.
Attached Image (click to enlarge)
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  • #616,929
  • Aug 16, 2021 8:57am Aug 16, 2021 8:57am
Quoting Pat Chiko
{quote} Good for you Man. That's easily 200 pips on the card. Congrats
thanks Pat, btw you always the best catch every opportunity on the market, very hard for me doing like you!
Daddy, Brother, Lover, Little Boy
  • #616,930
  • Aug 16, 2021 8:59am Aug 16, 2021 8:59am
Quoting MTF Test
This could be a stop hunt run for buyers unless it breaks below 38250/38000 accordingly. Just an opinion. {image}
Few Pips short of the entry .
Fools Rushing
  • #616,931
  • Aug 16, 2021 9:00am Aug 16, 2021 9:00am
Quoting Coreg2004
{quote} Mr.Burger, I follow your lead from yesterday's open.
Correg2004,

you still the master, one and only, I'm just playa, much more learn it from you, thanks alot budd
Daddy, Brother, Lover, Little Boy
  • #616,932
  • Aug 16, 2021 9:00am Aug 16, 2021 9:00am
Quoting Waveskierrob
{quote} You need to do the dance with no pants

How 'bout wearing only T-Shirt ? It matches with slogan

Attached Image
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #616,933
  • Aug 16, 2021 9:08am Aug 16, 2021 9:08am
Quoting fxmasterdxb
{quote} Half size lot short 1.3857
Taking profit @ 1.3845 and calling it a day
  • #616,934
  • Aug 16, 2021 9:08am Aug 16, 2021 9:08am
Volatility?
Attached Image (click to enlarge)
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  • #616,935
  • Aug 16, 2021 9:09am Aug 16, 2021 9:09am
https://www.forexfactory.com/news/11...-on-the-ground
  • #616,936
  • Aug 16, 2021 9:12am Aug 16, 2021 9:12am
Quoting Mr.Burger
{quote} thanks Pat, btw you always the best catch every opportunity on the market, very hard for me doing like you!

Not my skill to trade that way, but learning it from Best trader ever to have lived

This is the T-shirt he's wearing now.


Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #616,937
  • Aug 16, 2021 9:12am Aug 16, 2021 9:12am
Quoting fxmasterdxb
{quote} Tomorrow? Maybe too early, this month? Most probable
Too early base on what?
  • #616,938
  • Aug 16, 2021 9:17am Aug 16, 2021 9:17am
Quoting Pat Chiko
{quote} Not my skill to trade that way, but learning it from Best trader ever to have lived This is the T-shirt he's wearing now. {image}
yeah.. waveskierrob, I see the other side of yourself lol
Daddy, Brother, Lover, Little Boy
  • #616,939
  • Aug 16, 2021 9:18am Aug 16, 2021 9:18am
Quoting Mr.Burger
{quote} Correg2004, you still the master, one and only, I'm just playa, much more learn it from you, thanks alot budd
Anytime. ...do you still hold GJ? what is your target?... Someone recommended 151.10 (AB=CD and 50% retracement zone) as a target for @genadi's short trade last week, I thought it was a bull eye target.
Attached Image (click to enlarge)
Click to Enlarge Name: gj 08.16.30M.png Size: 61 KB
Always trade your own plan...I don't provide trading signals.
  • #616,940
  • Aug 16, 2021 9:18am Aug 16, 2021 9:18am
Quoting gatenio
{quote} Too early base on what?
Based on attached
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