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Cable Update (GBPUSD)

  • #619,701
  • Aug 27, 2021 9:59am Aug 27, 2021 9:59am
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

Kedu
MY OPINION NOT FINANCIAL ADVISE
  • #619,702
  • Aug 27, 2021 9:59am Aug 27, 2021 9:59am
Quoting JRissa
{quote} Gotta low the red news fast forward effect. 15min map done. Let's see if the 4h will follow plan too {image}
... come to think of it. I anticipated this Bullish move yesterday and wasn't convinced with the fall. See the way it played out.
Anyway, I'm holding on to my sell. I won't shift my ground!
  • #619,703
  • Aug 27, 2021 10:03am Aug 27, 2021 10:03am
YES YES YES !!!
340 $ eqvity from 140 $ in the start of the week
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 47 KB
yes yes yes
  • #619,704
  • Aug 27, 2021 10:03am Aug 27, 2021 10:03am
Quoting Pat Chiko
{quote} Giving you these following chart to observe. To write my thought process going to be long story. Charts will help us to understand price action. This is not trade signal, but my personal analysis. Hope it helps {image}{image}{image}
GU

The Trade Plan (Cable Set Up )
Attached Image (click to enlarge)
Click to Enlarge Name: the plan.jpg Size: 55 KB


The Trade & Exit
Attached Image (click to enlarge)
Click to Enlarge Name: gu 117.jpg Size: 130 KB



Been out the whole day with food delivery.

Traded my plan accordingly.

All closed after Powell Speech/ reaching target.

Happy weekends all.

Need to prepare for tomorrow food delivery schedule.

Take care and trade safe.

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #619,705
  • Aug 27, 2021 10:08am Aug 27, 2021 10:08am
Gbpusd now a buy up
  • #619,706
  • Aug 27, 2021 10:10am Aug 27, 2021 10:10am
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.


Hi Georginson,



USD going further down will it impact GBPUSD to move 1.39 in upcoming days or it's fake move?

In 1 Hr chart shows it moved from down trend to up trend attached chart

your view

Thanks,
Madan
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 4cf298908d7a27d4f00b681ff0f547d5.png Size: 152 KB
  • #619,707
  • Aug 27, 2021 10:11am Aug 27, 2021 10:11am
Quoting donfriday
{quote} Kedu
Adi m mma, nwanne. Kedu ka ị mere?
  • #619,708
  • Aug 27, 2021 10:13am Aug 27, 2021 10:13am
Quoting Wavegarrick
Price currently rejecting off the 61.8% fib retrace at 1.37728 of last week's swing high and low. Tough and I wouldn't get too bullish at this point. Is this a shake-out? we never know. Trade safe, Cheers.
Leon, here's my view, when viewed from the last week, the price still wants to enter back the pivot zone this month ( overshoot 1.3800 )
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 58 KB

I always look at smaller timeframes to look up opportunities where the market will go

--- Have a great weekend budd
Daddy, Brother, Lover, Little Boy
  • #619,709
  • Aug 27, 2021 10:14am Aug 27, 2021 10:14am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 40 KB
yes yes yes
  • #619,710
  • Aug 27, 2021 10:14am Aug 27, 2021 10:14am
Quoting JayBag
{quote} Adi m mma, nwanne. Kedu ka ị mere?
hold your horses , the way i see now is a potential fake up for bull. i would be selling next week i presume. I could be wrong tho.

In the end just take position based on your analysis. Have confidence and take the shot. if it is a wrong call assume it as cost of learning for better entry in the future

Cheers
  • #619,711
  • Aug 27, 2021 10:15am Aug 27, 2021 10:15am
Quoting JayBag
{quote} Adi m mma, nwanne. Kedu ka ị mere?



all i know is Kedu ..lol
MY OPINION NOT FINANCIAL ADVISE
  • #619,712
  • Aug 27, 2021 10:16am Aug 27, 2021 10:16am
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.

its written on the chart...but big boys like discount....let them take it to 1.40
MY OPINION NOT FINANCIAL ADVISE
  • #619,713
  • Aug 27, 2021 10:21am Aug 27, 2021 10:21am
Quoting izzas
{quote} hold your horses , the way i see now is a potential fake up for bull. i would be selling next week i presume. I could be wrong tho. In the end just take position based on your analysis. Have confidence and take the shot. if it is a wrong call assume it as cost of learning for better entry in the future Cheers
I have no control over the market. Just a standard speculator like you bro. However, I just have that feeling that 1.40 area is still exposed.
Thing is, the Bear trigger point is 1.39731. That being said, I am expecting a F.O on the DAILY TF at the mentioned level which may extend to 1.40 round number.

Let's see.
  • #619,714
  • Aug 27, 2021 10:23am Aug 27, 2021 10:23am
Quoting Madanmohanca
{quote} Hi Georginson, USD going further down will it impact GBPUSD to move 1.39 in upcoming days or it's fake move? In 1 Hr chart shows it moved from down trend to up trend attached chart your view Thanks, Madan {image} {image}
USD will get stronger and GBPUSD will crash heavily to 1.3516 in days ahead.. As far as price stays below 1.3786.
Data + Stat + Risk/Emotions Management
  • #619,715
  • Aug 27, 2021 10:36am Aug 27, 2021 10:36am
3rd scalp leaving for the weekend.. 138 and 14050 is the level to watch
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD Mini_20210827_15.34.png Size: 64 KB
MY OPINION NOT FINANCIAL ADVISE
  • #619,716
  • Aug 27, 2021 10:37am Aug 27, 2021 10:37am
Quoting Georginson
{quote} USD will get stronger and GBPUSD will crash heavily to 1.3516 in days ahead.. As far as price stays below 1.3786.

Thanks for view Bro
  • #619,717
  • Aug 27, 2021 10:37am Aug 27, 2021 10:37am
Quoting Luke97
since gu and gj are positively colerated here's a h&s on gj. Sell on touch of neckline {image}
Right shoulder complete. can trade at the break of neckline
  • #619,718
  • Aug 27, 2021 10:46am Aug 27, 2021 10:46am
There is another head and shoulder forming though incomplete. So I expect the current move to push to around 153.000 to complete the head then drop a little bit to around 151.500 to form the right shoulder. That's how I get my bias on gbp
Attached Image (click to enlarge)
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  • #619,719
  • Aug 27, 2021 10:46am Aug 27, 2021 10:46am
Pat you are a great trader. Let’s see if Gbpusd finishes its cycle upwards.
  • #619,720
  • Aug 27, 2021 10:49am Aug 27, 2021 10:49am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 38 KB
yes yes yes
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