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Cable Update (GBPUSD)

  • #617,401
  • Aug 18, 2021 12:55am Aug 18, 2021 12:55am
Any up move pulls 200 dma up and any down move pulls 50 dma down until they intersect one day for possible death cross . #daily
not euphoria follower
  • #617,402
  • Aug 18, 2021 12:59am Aug 18, 2021 12:59am
Hello. friends. Cable after massive selling yesterday finds it self in a wide range today between 1.3765 - 1.3521 where. we have seen. seen buyers and sellers, however Europe traders. naturally. bearish this morning but the key Gbp event will set the price bullish and if they break the bullish bias. @ 1.3762 and stay.above till 12pm GMT the.american sescion should go bullish too
  • #617,403
  • Aug 18, 2021 1:04am Aug 18, 2021 1:04am
i will wait candle h4 closed, and than boy with tight sl
Like me, cuts losses quickly. But has more patience and lets his winn
  • #617,404
  • Aug 18, 2021 1:08am Aug 18, 2021 1:08am
4HR Time Frame Analysis
If this level Holds, GU will Pull back to 37800 region.

Good Luck
Attached Image (click to enlarge)
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My telegram: https://t.me/avidforex
  • #617,405
  • Aug 18, 2021 1:09am Aug 18, 2021 1:09am
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wait until closed
Like me, cuts losses quickly. But has more patience and lets his winn
  • #617,406
  • Aug 18, 2021 1:13am Aug 18, 2021 1:13am
Quoting M.Fadly
{image} wait until closed
im still waiting too ,for me late is better than false way ,
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #617,407
  • Aug 18, 2021 1:14am Aug 18, 2021 1:14am
Quoting mysterio
{quote} Agree was watching for this kind of scenario, not exactly this just the broad shape of things Noticed a while ago if you have a level and an idea late NY and you're a tight stop intraday person then it is very pointless to try and enter your position before Asia as it will likely be hunted first thing the next day There is some OK basing here on daily from an S&D perspective to give bulls some optimism for today but targets will need some thought as we have some pretty strong down momentum Even if I could buy with a tight stop down here...
I guess asia range start is actually 11pm GMT/ 12am BST, not certain

Still watch YL. I feel like 7-8am is the most common time for traps
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  • #617,408
  • Aug 18, 2021 1:15am Aug 18, 2021 1:15am
[quote=kris89;13671845]{quote} im still waiting too ,for me late is better than false way ,[/quote

is good
Like me, cuts losses quickly. But has more patience and lets his winn
  • #617,409
  • Aug 18, 2021 1:17am Aug 18, 2021 1:17am
maybe H4 will closed @ 1.37263 or
1.37064
Like me, cuts losses quickly. But has more patience and lets his winn
  • #617,410
  • Aug 18, 2021 1:23am Aug 18, 2021 1:23am
SHORT @ 1.3742 no tp no sl
  • #617,411
  • Aug 18, 2021 1:30am Aug 18, 2021 1:30am
Quoting waveskierrob
short @ 1.3742 no tp no sl
gbpusd
sell 1.37445
sl 1.37645
tp 137245
Like me, cuts losses quickly. But has more patience and lets his winn
  • #617,412
  • Aug 18, 2021 1:30am Aug 18, 2021 1:30am
Quoting Waveskierrob
SHORT @ 1.3742 no tp no sl
hmm! . Good luck
Fools Rushing
  • #617,413
  • Aug 18, 2021 1:31am Aug 18, 2021 1:31am
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Using Chaos to Finding Order
  • #617,414
  • Aug 18, 2021 1:33am Aug 18, 2021 1:33am
Previously I thought price will move up due to daily chart flag pattern. Now it is clear that flag pattern don't work this time. Price move lower.
we could expect price will bounce from the bottom. since This market is ranging.
In the Trending market flag pattern works well
Attached Image (click to enlarge)
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MA provides the market's current direction and strength.
  • #617,415
  • Aug 18, 2021 1:35am Aug 18, 2021 1:35am
Quoting MTF Test
{quote} hmm! . Good luck
Well thank you, good luck to you also
  • #617,416
  • Aug 18, 2021 1:35am Aug 18, 2021 1:35am
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Like me, cuts losses quickly. But has more patience and lets his winn
  • #617,417
  • Aug 18, 2021 1:37am Aug 18, 2021 1:37am
Good morning fellow traders, my first position of the day is long @ 1.3744, SL 1.3715

I think we have seen the low of the day and PA will be moving slowly upwards to 1.3775-90
  • #617,418
  • Aug 18, 2021 1:37am Aug 18, 2021 1:37am
Quoting BigNumbers
4HR Time Frame Analysis If this level Holds, GU will Pull back to 37800 region. Good Luck {image}
if this level hold 1.403 minimum imo
  • #617,419
  • Aug 18, 2021 1:39am Aug 18, 2021 1:39am
Quoting hasib
Previously I thought price will move up due to daily chart flag pattern. Now it is clear that flag pattern don't work this time. Price move lower. we could expect price will bounce from the bottom. since This market is ranging. In the Trending market flag pattern works well {image}
GU over all we are in a range,
Attached Image(s) (click to enlarge)
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MA provides the market's current direction and strength.
  • #617,420
  • Aug 18, 2021 1:39am Aug 18, 2021 1:39am
yes, selling here 3742
Intraday only.
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