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Cable Update (GBPUSD)

  • #617,701
  • Aug 18, 2021 2:08pm Aug 18, 2021 2:08pm
Quoting bilal1947
i wish it goes up up awayyy {image}
Hi bilal.. This is my opinion for my long term setup what do you think,
I need another perception from you actually
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Using Chaos to Finding Order
  • #617,702
  • Aug 18, 2021 2:09pm Aug 18, 2021 2:09pm
Out for the day. Price looks like it’s at support and heading up.
  • #617,703
  • Aug 18, 2021 2:14pm Aug 18, 2021 2:14pm
Quoting erap
{quote} Daily {image}
https://uk.investing.com/technical/pivot-points
  • #617,704
  • Aug 18, 2021 2:19pm Aug 18, 2021 2:19pm
Quoting Pat Chiko
GU - News trade. Scalping {image}
GU

News trade more to spike, take out the stop loss above and slow down in tiny movement.

Im closing this scalping, not going to wait.

continue tomorrow with fresh start.

Good nite.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #617,705
  • Edited 2:55pm Aug 18, 2021 2:27pm | Edited 2:55pm
Tough one to call but it looks like they want to push the dollar up, but there are still obstacles in the way above, it is trapped between two levels currently, US equities still sliding. Will see in the morning, just a rough sketch but maybe a push up to 1.38 then down? No trading ideas yet. Might just be a dirty looking range between around 1.37-38.
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Attached Image
  • #617,706
  • Aug 18, 2021 2:30pm Aug 18, 2021 2:30pm
Quoting mysterio
Tough one to call but it looks like they want to push the dollar up, but there are still obstacles in the way above, it is trapped between two levels currently, US equities still sliding. Will see in the morning, just a rough sketch but maybe a push up to 1.38 then down? No trading ideas yet. {image} {image}
sold eur/aud at 1.6173
  • #617,707
  • Aug 18, 2021 2:32pm Aug 18, 2021 2:32pm
Quoting mysterio
Tough one to call but it looks like they want to push the dollar up, but there are still obstacles in the way above, it is trapped between two levels currently, US equities still sliding. Will see in the morning, just a rough sketch but maybe a push up to 1.38 then down? No trading ideas yet. {image} {image}
do you count DBD supply at 1.379x already tested?
  • #617,708
  • Aug 18, 2021 2:33pm Aug 18, 2021 2:33pm
Quoting Pat Chiko
{quote} GU News trade more to spike, take out the stop loss above and slow down in tiny movement. Im closing this scalping, not going to wait. continue tomorrow with fresh start. Good nite. {image}
you are second best trader in Malaysia
  • #617,709
  • Aug 18, 2021 2:39pm Aug 18, 2021 2:39pm
Quoting genadi
{quote} do you count DBD supply at 1.379x already tested?
Yeah exactly, look at how DXY reacted at that block around 93 too.

There is clearly a lot of bearish pressure here, this thing does not want to go up, dreams of 1.40 are looking far away now

It's starting to look like US equities will take a hammering finally (because of the geopolitical situation in the middle east) and the dollar might push out of the range to the upside, lets see tomorrow. Filled the imbalance on daily so maybe tomorrow is down
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  • #617,710
  • Aug 18, 2021 2:40pm Aug 18, 2021 2:40pm
Quoting genadi
{quote} you are second best trader in Malaysia
and who is the first?
  • #617,711
  • Aug 18, 2021 2:45pm Aug 18, 2021 2:45pm
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  • #617,712
  • Aug 18, 2021 2:45pm Aug 18, 2021 2:45pm
My view, the price didn't break the SBR
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  • #617,713
  • Aug 18, 2021 3:11pm Aug 18, 2021 3:11pm
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been out all da the tp was on 61.8 fid and we are still in short trades , keep that spike for another day ,, after 3500 or 2450 lo
  • #617,714
  • Aug 18, 2021 3:11pm Aug 18, 2021 3:11pm
Possible Scenario's for GU.
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Fools Rushing
  • #617,715
  • Aug 18, 2021 3:13pm Aug 18, 2021 3:13pm
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back to work for awhile
  • #617,716
  • Aug 18, 2021 3:16pm Aug 18, 2021 3:16pm
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  • #617,717
  • Aug 18, 2021 3:25pm Aug 18, 2021 3:25pm
Quoting fxmasterdxb
Very crappy PA, weak bull with no momentum, with this pace I expect price to hit 1.3780-1.38 and reverse hard
As expected, tomorrow it’ll break todays low
  • #617,718
  • Aug 18, 2021 3:33pm Aug 18, 2021 3:33pm
Quoting fxmasterdxb
{quote} As expected, tomorrow it’ll break todays low
Very good- certainly looking like it at this point. Still a strong zone on the daily -- I will be cautious down at 1.3720 but if that clears it's all out bear party.
  • #617,719
  • Aug 18, 2021 3:36pm Aug 18, 2021 3:36pm
Quoting mysterio
{quote} Very good- certainly looking like it at this point. Still a strong zone on the daily -- I will be cautious down at 1.3720 but if that clears it's all out bear party.
Im actually on the sideline, decided to stay like this until things are cleared out, same as you i had hopes for 1.4 but seems not a possibility now, will be looking for selling opportunities tomorrow
  • #617,720
  • Aug 18, 2021 3:41pm Aug 18, 2021 3:41pm
3740-50 holding, PA bullish, bears about to get massacred soon...first target 3800, second 3850...third 3980.
Everyone can see the chart, but only a few can actually read it.
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