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Cable Update (GBPUSD)

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  • Post #618,601
  • Quote
  • Aug 22, 2021 6:26pm Aug 22, 2021 6:26pm
  •  CashFarm666
  • | Joined Mar 2021 | Status: Member | 36 Posts
Quoting BigNumbers
Disliked
SELL @ 1.36212 TP: 1.35719 50 pips For you to gain some pips in a favorable direction; someone has to loss some pips.. That's the idea behind trading... {image}
Ignored
Yessirr.
A legend said
You have two choices in the market:
Give your money to another trader or
Take another trader’s money.

im diving with you into this GU man. Gl
 
 
  • Post #618,602
  • Quote
  • Aug 22, 2021 6:29pm Aug 22, 2021 6:29pm
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 6,594 Posts | Online Now
Quoting BigNumbers
Disliked
{quote} Price IS headed to (1HR) Resistance line that was broken 4 days ago. When price get to the line we can discuss further..
Ignored
Had those figures in set on Friday. Was half expecting it to go over 13650 on opening
 
 
  • Post #618,603
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  • Aug 22, 2021 6:48pm Aug 22, 2021 6:48pm
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 7,327 Posts
Inserted Video
not euphoria follower
 
1
  • Post #618,604
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  • Aug 22, 2021 7:14pm Aug 22, 2021 7:14pm
  •  elbert3
  • Joined Dec 2013 | Status: Member | 19,217 Posts
Quoting iqyu5an
Disliked
https://youtu.be/zlYew8ZpvWk
Ignored
Loverly. Both
 
 
  • Post #618,605
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  • Aug 22, 2021 7:32pm Aug 22, 2021 7:32pm
  •  soccerfan
  • Joined May 2013 | Status: Member | 831 Posts
Quoting elbert3
Disliked
gap filled and testing the break line its a little devil this cable this is a lot of movement on 5 min at this time on a sunday
Ignored
It's not Sunday where I am...8am Monday morning..
Onwards and upwards...
 
 
  • Post #618,606
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  • Aug 22, 2021 7:32pm Aug 22, 2021 7:32pm
  •  Pram808
  • | Joined Feb 2021 | Status: Guest | 136 Posts
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the price might be goes up until hit that area, and then will drop down and make LL for this week
Using Chaos to Finding Order
 
 
  • Post #618,607
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  • Aug 22, 2021 7:52pm Aug 22, 2021 7:52pm
  •  babayaga
  • Joined Aug 2010 | Status: Member | 2,528 Posts
i am curious if
1.3570.., will stay or..
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dolce vita
 
1
  • Post #618,608
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  • Edited 8:36pm Aug 22, 2021 8:21pm | Edited 8:36pm
  •  Amin1422
  • Joined Dec 2020 | Status: يبيع | 161 Posts
Quoting babayaga
Disliked
i am curious if 1.3570.., will stay or.. {image}
Ignored
Boss, bears must be taking profit, it has fallen quite a bit already, seeing sharp falling wedge, I'm anticipating it to reverse from that area but we'll see what happens next
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1
  • Post #618,609
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  • Aug 22, 2021 8:37pm Aug 22, 2021 8:37pm
  •  babayaga
  • Joined Aug 2010 | Status: Member | 2,528 Posts
all daily PP around 1.3620 ( to be precisely 18-24 )
weekly 1.3701 ( 1.3676 DeMark's)

happy trading
dolce vita
 
1
  • Post #618,610
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  • Aug 22, 2021 9:03pm Aug 22, 2021 9:03pm
  •  KiwiTrada
  • Joined Aug 2009 | Status: Member | 12,448 Posts
today is euro and stirling day, eu has possibly a daily double bottom in place 1 16633 with fridays high 1 17037 possible range, if bulls can put in a new daily high 1 17037+ would negate the daily LL LH Im seeing this as important level for now going into tonight data releases pa now 1 17020 with eu @ltl of 4hr equilateral triangle, breakout should indicate direction, watching and waiting

dix testing 4hr support ucad also psych 1 28000
I have just enter long dix with 7 pip sl its cheap entry 93 43 this was strong resistance in march this year, Im thinking present pop above with retest in progress right now, is worth risk

cable possible daily doji @ support which also has HH today already
If you are new to Forex? Say Goodbye to your account!!
 
1
  • Post #618,611
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  • Aug 22, 2021 9:46pm Aug 22, 2021 9:46pm
  •  M.Fadly
  • Joined Dec 2019 | Status: Member | 718 Posts
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Like me, cuts losses quickly. But has more patience and lets his winn
 
1
  • Post #618,612
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  • Aug 22, 2021 9:59pm Aug 22, 2021 9:59pm
  •  KiwiTrada
  • Joined Aug 2009 | Status: Member | 12,448 Posts
Quoting KiwiTrada
Disliked
today is euro and stirling day, eu has possibly a daily double bottom in place 1 16633 with fridays high 1 17037 possible range, if bulls can put in a new daily high 1 17037+ would negate the daily LL LH Im seeing this as important level for now going into tonight data releases pa now 1 17020 with eu @ltl of 4hr equilateral triangle, breakout should indicate direction, watching and waiting dix testing 4hr support ucad also psych 1 28000 I have just enter long dix with 7 pip sl its cheap entry 93 43 this was strong resistance in march this year,...
Ignored
nope 7 pips down the toilet :-(
If you are new to Forex? Say Goodbye to your account!!
 
 
  • Post #618,613
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  • Aug 22, 2021 10:17pm Aug 22, 2021 10:17pm
  •  Feelas
  • | Joined Jan 2021 | Status: Member | 178 Posts
Hello Folks,
ABCD confirmed on 1H TF . so, 1.3730 will be the first target.

 
 
  • Post #618,614
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  • Aug 23, 2021 12:02am Aug 23, 2021 12:02am
  •  Nordling
  • Joined Apr 2021 | Status: Complicated. | 3,086 Posts
Quoting Bones
Disliked
{quote} you got a safer option in the eur if they peg chf to eur when chf is actually considerably stronger in reality , chf is huge spike risky to an event or crazy central bank action either way ,is all I'm saying the other majors are ok
Ignored
Thank you Mr. Bones, this was a very helpful conversation
TRACK RECORD: https://l24.im/AFm9qY
 
2
  • Post #618,615
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  • Aug 23, 2021 12:22am Aug 23, 2021 12:22am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,213 Posts
I have shorted Eurusd and Gbpusd
 
 
  • Post #618,616
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  • Edited 2:58am Aug 23, 2021 1:38am | Edited 2:58am
  •  Headland
  • Joined Apr 2020 | Status: not posting atm | 5,176 Posts
G.M, quite a big asian session range and an upward pullback (or more?) from last week's friday lo breaking 23.6% 3785- 36902 (last week's lo.) Possibility of some 4hr bearish hidden div developing further, probably good so long as price stays below 3785. London forex desks beginning to open...will see what they do with it. There is a 3 fib cluster 3737-42. 1hr below.
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
3
  • Post #618,617
  • Quote
  • Aug 23, 2021 1:49am Aug 23, 2021 1:49am
  •  mysterio
  • Joined Sep 2009 | Status: Member | 5,731 Posts
Quoting mysterio
Disliked
I think a rise/correction to 1.3720 area then continue bear trend maybe down to 1.33. DXY correction to 93 area then more up. Somewhere in 1.37s should be a good sell. The dollar is v bullish. It seems to have broken range so can rise significantly. Should be a good week, trade safe. {image} {image}
Ignored
I will wait for pullback before buying more

Target is 1.3720 area to short, maybe wrong

A steep drop to buy into in the next hour or two would be good, see how it develops, someone said ABCD, if so, then 0.618 pullback of last swing high/low is also around my target
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7
  • Post #618,618
  • Quote
  • Aug 23, 2021 1:51am Aug 23, 2021 1:51am
  •  hasib
  • Joined Jan 2013 | Status: Member | 3,810 Posts
Morning all.
I am Keeping eye on GU, CJ and US30 today.
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Follow a system & a person not everything & everyone
 
 
  • Post #618,619
  • Quote
  • Aug 23, 2021 1:58am Aug 23, 2021 1:58am
  •  hasib
  • Joined Jan 2013 | Status: Member | 3,810 Posts
I can see up side slow down. IN M15
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Follow a system & a person not everything & everyone
 
1
  • Post #618,620
  • Quote
  • Aug 23, 2021 2:13am Aug 23, 2021 2:13am
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 6,594 Posts | Online Now
Morning all didn’t expect that spike up! Oh well this is forex and more precisely cable.. still the 1357-136 area hasn’t been touched yet. Will manually add longs once we see those levels
 
 
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