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Cable Update (GBPUSD)

  • #618,681
  • Aug 23, 2021 8:12am Aug 23, 2021 8:12am
Quoting Coreg2004
{quote} yes, but Friday GU had NR7 so today we can expect an extended range up to 1.618 @1.3714, 50% weekly range ext. (WRE) @1.3740 possible in upcoming days.
I agree.

Today is bullish close probably.

Tomorrow in Asia and frankfurt another bullish move.

But today, ADR is done, so another 10 pips more or ranging below 3700.

Let us see, in any case I do not expect big move in NY, but ranging.
Intraday only.
  • #618,682
  • Aug 23, 2021 8:14am Aug 23, 2021 8:14am
Quoting IBabyTrader
{quote} Bro, that is really cool input. I just in and already in profit. I will let it run till 1:12 Thank you.
Suggest you go on BE since PMI is due in 30 Minutes or so.
Fools Rushing
  • #618,683
  • Aug 23, 2021 8:16am Aug 23, 2021 8:16am
Quoting MTF Test
{quote} one of my favorites. Done and dusted my 1:12 trade. waiting for next buy trade. {image}
Hey Jude,

Nice Trade.

Yes,Worked really nicely and just keep on working on building on your confidence and thought process.

Best Regards

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #618,684
  • Aug 23, 2021 8:19am Aug 23, 2021 8:19am
Quoting Pat Chiko
{quote} Hey Jude, Nice Trade. Yes,Worked really nicely and just keep on working on building on your confidence and thought process. Best Regards PAT
Thanks PAT. I want my clients to have a big chunk this month.
Fools Rushing
  • #618,685
  • Aug 23, 2021 8:21am Aug 23, 2021 8:21am
Quoting babayaga
decided to sell could be wrong {image}
took SL

sell again..,
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicro-h4-xm-global-limited-3.png Size: 31 KB
dolce vita
  • #618,686
  • Aug 23, 2021 8:22am Aug 23, 2021 8:22am
GU

Scalping

Attached Image (click to enlarge)
Click to Enlarge Name: gu 102.jpg Size: 66 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #618,687
  • Aug 23, 2021 8:23am Aug 23, 2021 8:23am
Quoting MTF Test
{quote} Suggest you go on BE since PMI is due in 30 Minutes or so.
Yes, that is on positive stop loss now.
  • #618,688
  • Aug 23, 2021 8:25am Aug 23, 2021 8:25am
Quoting navk
{quote} I expect 3700 to 3670 and then new high..3810 For today
1.381 or 1.371?
  • #618,689
  • Aug 23, 2021 8:30am Aug 23, 2021 8:30am
... 49% of 13week awr reached on 1st day of week, so far. 108% of 30day adr today in this 93pip move. Steep move up and a tight rising channel/ (wedge?) on 5/15 min.

4hr is below.
Attached Image
Trader with an Edge.
  • #618,690
  • Aug 23, 2021 8:30am Aug 23, 2021 8:30am
Quoting Ehsank78
{quote} 1.381 or 1.371?
typo.

I meant 3710.
Intraday only.
  • #618,691
  • Aug 23, 2021 8:41am Aug 23, 2021 8:41am
...I think there will be a lot of traders selling into this rise? Will they end up just providing liquidity for the bulls or will it fall - in line with last week's wkly candle? Wkly Pivot @/around the current dly hi.
Trader with an Edge.
  • #618,692
  • Aug 23, 2021 8:43am Aug 23, 2021 8:43am
potential sell area today 1.3760
  • #618,693
  • Aug 23, 2021 8:45am Aug 23, 2021 8:45am
1.37091 ---1.37214
Like me, cuts losses quickly. But has more patience and lets his winn
  • #618,694
  • Aug 23, 2021 8:46am Aug 23, 2021 8:46am
Quoting Lastaccount
potential sell area today 1.3760
price is already @ 108% 30day adr so it is possible but not probable that price will reach there today. Anything can happen.
Trader with an Edge.
  • #618,695
  • Aug 23, 2021 8:46am Aug 23, 2021 8:46am
If you not include the 10 $ stupid losing trades
I am with 50 $ profit today
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CamScanner 08-23-2021 16.39(2).jpg Size: 129 KB
Click to Enlarge Name: CamScanner 08-23-2021 16.43.jpg Size: 78 KB
yes yes yes
  • #618,696
  • Aug 23, 2021 8:46am Aug 23, 2021 8:46am
Next stop 13730 it seems. US data weak. Will look to re enter accordingly
Insane in the Brain..
  • #618,697
  • Aug 23, 2021 8:48am Aug 23, 2021 8:48am
Waiting for short as the trend already downward. See you then

I mean 4hr
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #618,698
  • Aug 23, 2021 8:50am Aug 23, 2021 8:50am
Quoting 9jatrader
Waiting for short as the trend already downward. See you then I mean 4hr
SMA already on overbought region
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #618,699
  • Aug 23, 2021 8:52am Aug 23, 2021 8:52am
... the 4hr bearish hidden div is below...but it could develop further below that 3786 level.

4hr below.
Attached Image (click to enlarge)
Click to Enlarge Name: d39b4fc54b991def230fee69d6623980.png Size: 36 KB
Trader with an Edge.
  • #618,700
  • Aug 23, 2021 8:55am Aug 23, 2021 8:55am
Quoting Coreg2004
picture worth more than 1000 words. updated... {image} {image}
absolutely right, so I deleted my post
Daddy, Brother, Lover, Little Boy
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