Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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Post #619,601
Quote
Aug 27, 2021 5:46am Aug 27, 2021 5:46am

BeeTogether
Joined Oct 2020 | Status: Member | 8,114 Posts

Quoting Moty

Disliked

{image}

Ignored

What’s your top end profit zone?

Post #619,602
Quote
Aug 27, 2021 5:49am Aug 27, 2021 5:49am

navk
Joined Oct 2010 | Status: Trader | 17,814 Posts | Online Now

Bulls will lose if 3687/86/90 gives up.

Until then it t might be long day.

Intraday only.

Post #619,603
Quote
Aug 27, 2021 5:51am Aug 27, 2021 5:51am

MTF Test
Joined May 2008 | Status: I Loose, I Win, I Conquer | 1,784 Posts

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Fools Rushing

Post #619,604
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Aug 27, 2021 5:51am Aug 27, 2021 5:51am

corongumet
Joined Dec 2018 | Status: Member | 1,482 Posts

Now im selling. SL 50 Pips TP 150.
And for eu waiting the signal maybe after news.

Post #619,605
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Aug 27, 2021 5:54am Aug 27, 2021 5:54am

M.Fadly
Joined Dec 2019 | Status: Member | 718 Posts

Quoting Wavegarrick

Disliked

{quote} So far so good, I am getting nice bearish confirmation signals from a daily and 4hr perspective. Retrace to my daily pivot at 1.37190 presented nice sell entry opportunities. Trade safe, Cheers. {image}

Ignored

ok i'm with you

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#hold tp 1.35700

Like me, cuts losses quickly. But has more patience and lets his winn

Post #619,606
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Aug 27, 2021 5:57am Aug 27, 2021 5:57am

Whale
Joined Jun 2013 | Status: Underwater | 10,527 Posts | Online Now

Quoting navk

Disliked

Bulls will lose if 3687/86/90 gives up. Until then it t might be long day.

Ignored

3660 is the support for current try to swing up imo, RR for long 30/300=1/10

so long 3700 tp 4000

Post #619,607
Quote
Aug 27, 2021 6:04am Aug 27, 2021 6:04am

kris89
Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts

Still awaiting the big move

"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"

Post #619,608
Quote
Aug 27, 2021 6:19am Aug 27, 2021 6:19am

MTF Test
Joined May 2008 | Status: I Loose, I Win, I Conquer | 1,784 Posts

Waiting for another set of BUYs

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Fools Rushing

Post #619,609
Quote
Aug 27, 2021 6:37am Aug 27, 2021 6:37am

trumps
Joined Mar 2020 | Status: Member | 2,698 Posts

Quoting OnlineAddict

Disliked

{quote} I don't think it qualifies as a "trap", if its a 20-30 pip move, within a range even. Anything below 100 pips on the pound is a light sneeze.

Ignored

Hi mate,
I was thinking more in terms of day traders who may book 20-30 pip profits in a session.
Looking at immediate support and PA, it may have been construed by some shorter term traders as a breakout south in early Asia, before promptly reversing

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Compulsions can be hard to resist

Pulchra All Time Return: -88.4%

Post #619,610
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Aug 27, 2021 7:18am Aug 27, 2021 7:18am

BeeTogether
Joined Oct 2020 | Status: Member | 8,114 Posts

Quoting kris89

Disliked

Still awaiting the big move

Ignored

Maybe the 130 BST might trigger something just over an hour to go

Post #619,611
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Aug 27, 2021 7:23am Aug 27, 2021 7:23am

Moty
Joined Dec 2017 | Status: Member | 25,117 Posts | Online Now

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Post #619,612
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Aug 27, 2021 7:34am Aug 27, 2021 7:34am

Moty
Joined Dec 2017 | Status: Member | 25,117 Posts | Online Now

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Post #619,613
Quote
Aug 27, 2021 7:38am Aug 27, 2021 7:38am

Hutch
Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,906 Posts

FPA current technical analysis: "As EUR shows no significant action by far, today we take a look at GBP and also update our previous setups - long-term EUR/GBP and Loonie dollar."

Inserted Video

Post #619,614
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Aug 27, 2021 7:51am Aug 27, 2021 7:51am

thevisitor
Joined Sep 2019 | Status: Member | 1,674 Posts

For me nothing changed.
Long we go.

Post #619,615
Quote
Aug 27, 2021 8:03am Aug 27, 2021 8:03am

pipfarm
Joined Oct 2010 | Status: Member | 3,924 Posts

Quoting pipfarm

Disliked

The whole pattern stems from the daily correction with secondary trend and having taken the low confirms the correction and continuation but first the smaller correction to retest Up is corrective ABC so currently A done B in progress and could be any shape so looking like a ranger atm then C to finish off the retest then down {image} {image}

Ignored

A way to go for the retest but that b swing played out nearly as the picture

Follow The Markets Structure - Patience and Discipline