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Cable Update (GBPUSD)

  • #619,681
  • Aug 27, 2021 9:35am Aug 27, 2021 9:35am
Tapering will actually make USD really strong in the medium term, I can say that this is the beginning of USD rally and a catalyst that will take us to 1.28 by or before December 2021.
Data + Stat + Risk/Emotions Management
  • #619,682
  • Aug 27, 2021 9:36am Aug 27, 2021 9:36am
Quoting JayBag
{quote} I awfully got the limit it could retrace wrong but not the idea. Like I stated in my quote to a solid contributor here, 'I'd be dammed to sell these levels for swings' Mark 2 formed too close to Mark 1. I think this pressure could take us to BIG highs before any minor retrace. Anyway, the Idea remains and I have stopped adding to these longs lol. (Broker may get nervous lol) Let's give it time. Take Care Gang {image}
Jay nnukwu mmanwu
  • #619,683
  • Aug 27, 2021 9:37am Aug 27, 2021 9:37am
Quoting Georginson
Tapering will actually make USD really strong in the medium term, I can say that this is the beginning of USD rally and a catalyst that will take us to 1.28 by or before December 2021.
Nna stop this thing na. No d make man pikin fear
  • #619,684
  • Aug 27, 2021 9:37am Aug 27, 2021 9:37am
Quoting BeeTogether
The fun seems over for now.. interesting Friday and a 100 pip range too
Hope you got enough
  • #619,685
  • Aug 27, 2021 9:39am Aug 27, 2021 9:39am
Quoting Nd10
{quote} Nna stop this thing na. No d make man pikin fear
Dude prepare for the heavy crash that's coming and this should be to your advantage.
Data + Stat + Risk/Emotions Management
  • #619,686
  • Aug 27, 2021 9:44am Aug 27, 2021 9:44am
Stopped out with 8% lost. But no problem i will take it back
  • #619,687
  • Aug 27, 2021 9:44am Aug 27, 2021 9:44am
Quoting Nd10
{quote} Hope you got enough
Would have had more i added a SL to my trade at 13735 which was b/e too with assumption cable will dive. My trading platform went over my SL by 8 pips! And by the time I got a chance to reenter it’s 30 pips late lol!

so I’m back in with a trade from 13763 tp at 138
Insane in the Brain..
  • #619,688
  • Aug 27, 2021 9:45am Aug 27, 2021 9:45am
Probably next week I can see my tp hit.
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MA provides the market's current direction and strength.
  • #619,689
  • Aug 27, 2021 9:47am Aug 27, 2021 9:47am
Quoting JRissa
If price is a fractal, then the future is already written... {image}{image}
Gotta low the red news fast forward effect.
15min map done. Let's see if the 4h will follow plan too
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I know the secret...
  • #619,690
  • Aug 27, 2021 9:47am Aug 27, 2021 9:47am
Messed that up, win some lose some, well done longs

I should of known better really, i could see on my daily that the swing was up but convinced myself it was a correction for downside, as we saw we were in a correction to the upside and the continuation was long.
Follow The Markets Structure - Patience and Discipline
  • #619,691
  • Aug 27, 2021 9:47am Aug 27, 2021 9:47am
Quoting JayBag
{quote} I awfully got the limit it could retrace wrong but not the idea. Like I stated in my quote to a solid contributor here, 'I'd be dammed to sell these levels for swings' Mark 2 formed too close to Mark 1. I think this pressure could take us to BIG highs before any minor retrace. Anyway, the Idea remains and I have stopped adding to these longs lol. (Broker may get nervous lol) Let's give it time. Take Care Gang {image}
When first i saw it, i thought screen error
Using Chaos to Finding Order
  • #619,692
  • Aug 27, 2021 9:53am Aug 27, 2021 9:53am
Quoting Georginson
{quote} Dude prepare for the heavy crash that's coming and this should be to your advantage.
Yea- this is a great swing short opportunity. imo
  • #619,693
  • Aug 27, 2021 9:53am Aug 27, 2021 9:53am
Quoting Nd10
{quote} Jay nnukwu mmanwu
nwanne m nwoke, a na m ewere naanị irighiri ihe

Oh dear, google translator failed me
that time, my dad is IGBO ooooo .. shame on me
  • #619,694
  • Aug 27, 2021 9:55am Aug 27, 2021 9:55am
Gbpusd resistance 1.38. Currently retracing before moving up again
  • #619,695
  • Aug 27, 2021 9:56am Aug 27, 2021 9:56am
Quoting Pram808
{quote} When first i saw it, i thought screen error
I think the broker thought the same until they looked in their servers
  • #619,696
  • Aug 27, 2021 9:57am Aug 27, 2021 9:57am
give me the TP baby
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MY OPINION NOT FINANCIAL ADVISE
  • #619,697
  • Aug 27, 2021 9:57am Aug 27, 2021 9:57am
Quoting JayBag
{quote} nwanne m nwoke, a na m ewere naanị irighiri ihe Oh dear, google translator failed me that time, my dad is IGBO ooooo .. shame on me
U even try wella for Benin guy
  • #619,698
  • Aug 27, 2021 9:58am Aug 27, 2021 9:58am
Quoting Georginson
{quote} Dude prepare for the heavy crash that's coming and this should be to your advantage.
I feel you bro
  • #619,699
  • Aug 27, 2021 9:59am Aug 27, 2021 9:59am
Hello. Friends what a Friday closing we have as we noticed there was an inside selling below the European session low and as expected price spiked up wall street open: 14;00gmt to hit the week bullish bias point 1.3772 posted on Monday but breaking it could not hold above, however we expect price to close at the current rage 1.4769 to end the weelhave a good weekenf
  • #619,700
  • Aug 27, 2021 9:59am Aug 27, 2021 9:59am
Quoting mysterio
{quote} YH taken, free to drop. Did think it was a bit weird it wasn't taken yesterday. Euro running highs too Target is 1.36 initially {image}
Will let her run over the weekend which I rarely do. 1.35 next week easy
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