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Cable Update (GBPUSD)

  • #617,621
  • Aug 18, 2021 8:32am Aug 18, 2021 8:32am
40 pips daily range
ugly
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yes yes yes
  • #617,622
  • Aug 18, 2021 8:32am Aug 18, 2021 8:32am
2 untested levels on h1 dxy I dont see these giving up soon personally, I'm talking in the immediate future though
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  • #617,623
  • Aug 18, 2021 8:35am Aug 18, 2021 8:35am
Quoting Moty
40 pips daily range ugly {image}
Miss u ..
  • #617,624
  • Aug 18, 2021 8:39am Aug 18, 2021 8:39am
Quoting Moty
40 pips daily range ugly {image}
go down today or tomorrow
  • #617,625
  • Aug 18, 2021 8:41am Aug 18, 2021 8:41am
just my opinion...

transition PA

H4 Down
H1 Up
M30 Up
M15 Down

m30 demand around 3746
in wondering about yourself, you forgot what you came here to be part of
  • #617,626
  • Aug 18, 2021 8:41am Aug 18, 2021 8:41am
Quoting Waveskierrob
SOLD @ 1.3764 no tp no sl
Thank You for your Great signal

I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #617,627
  • Aug 18, 2021 8:45am Aug 18, 2021 8:45am
Quoting Waveskierrob
Off to dentist will try to post closed trades if not you'll just have to trust me

I was skeptical when you said going to dentist. It was flash, you came back early ...? Not flasher.

Now , you've made it to the headline....



Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #617,628
  • Aug 18, 2021 8:47am Aug 18, 2021 8:47am
Quoting Pat Chiko
{quote} I was skeptical when you said going to dentist. It was flash, you came back early ...? Not flasher. Now , you've made it to the headline.... {image}
My cover has been blown
  • #617,629
  • Aug 18, 2021 8:50am Aug 18, 2021 8:50am
Quoting Waveskierrob
{quote} My cover has been blown
I will have no choice to report it to Factory to suspend you again.

You've not been suspended for the last 3 weeks. ( a record so far).

Sorry buddy, we got newbie here , not to be future flasher.

I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #617,630
  • Aug 18, 2021 8:50am Aug 18, 2021 8:50am
Quoting mysterio
{quote} You think up? Am inclined to agree. I had a pretty good day though and rarely have luck entering trades late London. What do you see ? Sorry if posted already I see retail is heavily long which leads me to think the FOMC will blast us further down, they usually manipulate price against retail But I don't wanna gamble unless I have a clear setup for now. Actually seeing a rising wedge which implies down but no more for me today
The way to see it is:- the market have bought USD which is why it is going up..u go with it..do not try and second guess the market..if u look at the monthly on USD u see a bearish candle right? (previous candle) ..this only work in a weak market toward long on USD. There GDP has out-performed...so the question u need to ask yourself is why should the dollar sell off?
  • #617,631
  • Aug 18, 2021 8:58am Aug 18, 2021 8:58am
Quoting Pat Chiko
{quote} I was skeptical when you said going to dentist. It was flash, you came back early ...? Not flasher. Now , you've made it to the headline.... {image}
MY wanted poster... obviously taken a long time ago
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  • #617,632
  • Aug 18, 2021 8:59am Aug 18, 2021 8:59am
Closed position
  • #617,633
  • Aug 18, 2021 9:02am Aug 18, 2021 9:02am
Quoting nAVIN2007
{quote} The way to see it is:- the market have bought USD which is why it is going up..u go with it..do not try and second guess the market..if u look at the monthly on USD u see a bearish candle right? (previous candle) ..this only work in a weak market toward long on USD. There GDP has out-performed...so the question u need to ask yourself is why should the dollar sell off?
Yea agree the levels are more like, I'm ready and watching these levels to see if something happens

For example on the weekly chart we know there's strong selling pressure with big weekly candles moving away from this area but it's gradually being chipped away at. There may be unfilled limit sell orders waiting higher up. So I'm not selling USD i'm just prepared for price being blocked at some point. If we were halfway between the two weekly/daily levels i'd see it differently. Also if the weekly closes above this level then yeah Im all out dollar bull.

So say if a GU S&D level aligns with a DXY one then I'm going to be watching like a hawk for price action on the small time frames. I don't care if it's trending one way, I find these give you the very best intraday trades, the ones that come from out of nowhere and nobody is expecting. The sharp reversals. Like the last time we were down at 1.36 I was happily going in with buys full lot size despite the very strong down trend, catch one of these with a tight SL and you can take the rest of the week off

Agree I'm not blindly selling or buying at the levels or fighting the market just watching carefully for confirmation

Then i'm thinking well what's pushing the dollar up, is it just the equity market dip and is it likely to change soon. Even looking at the S&P which sold off maybe because of Afghanistan but has ran into daily demand and could easily rally now and send the dollar back (100pc overthinking at this point). Just about being prepared for anything. Anyways agree with you just saying how I see it, intraday approach is really only looking for a few dozen pips at a time if that

Appreciate the wisdom bro cheers
Attached Images
  • #617,634
  • Aug 18, 2021 9:06am Aug 18, 2021 9:06am
Quoting mysterio
{quote} Yea agree the levels are more like, I'm ready and watching these levels to see if something happens For example on the weekly chart we know there's strong selling pressure with big weekly candles moving away from this area but it's gradually being chipped away at. There may be unfilled limit sell orders waiting higher up. So I'm not selling USD i'm just prepared for price being blocked at some point. If we were halfway between the two weekly/daily levels i'd see it differently. Also if the weekly closes above this level then yeah Im all...

See this chart..its actually broken out already..clear as day
price based on support and as been building ever since..
The hammer is a test on support to go higher
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  • #617,635
  • Aug 18, 2021 9:06am Aug 18, 2021 9:06am
Quoting nAVIN2007
{quote} The way to see it is:- the market have bought USD which is why it is going up..u go with it..do not try and second guess the market..if u look at the monthly on USD u see a bearish candle right? (previous candle) ..this only work in a weak market toward long on USD. There GDP has out-performed...so the question u need to ask yourself is why should the dollar sell off?
I'm thinking it's about the interest rates. The fed needs to ensure the inflation is kept in control. So if inflation is high or expected to be. Dollar will rise. Even if they don't make any mention of inflation problems the market will bet there's going to be problems later few weeks or months time .

Gold made a nice 30min bull run I prefer USDCAD I feel it looks the best setup from what I can see gor going long. I see an upside down head and shoulder pattern. Lol hopefully it will play out for me in the way I assume it will.
Trend_Masters
  • #617,636
  • Aug 18, 2021 9:11am Aug 18, 2021 9:11am
ahh interesting show
Daddy, Brother, Lover, Little Boy
  • #617,637
  • Aug 18, 2021 9:12am Aug 18, 2021 9:12am
Quoting Moty
40 pips daily range ugly {image}
you don't think fomc will give big swings?
  • #617,638
  • Aug 18, 2021 9:12am Aug 18, 2021 9:12am
Quoting Mr.Burger
ahh interesting show
Bit tiny ,but still want to show off....
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #617,639
  • Aug 18, 2021 9:16am Aug 18, 2021 9:16am
Quoting Pat Chiko
{quote} Bit tiny ,but still want to show off....
he should be censoring unimportant things lol
Daddy, Brother, Lover, Little Boy
  • #617,640
  • Aug 18, 2021 9:17am Aug 18, 2021 9:17am
Quoting MTF Test
SELL GU/AU PA- Bulls are exhausted. Bears are dancing. Trade with care {image}

likely yur charts more and more bro..
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