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Cable Update (GBPUSD)

  • #621,081
  • Sep 2, 2021 11:15pm Sep 2, 2021 11:15pm
may be end of buying.

Dunno.

I am getting bearish signals in hourly.

Caution is needed in longs today

For me.
Intraday only.
  • #621,082
  • Sep 2, 2021 11:38pm Sep 2, 2021 11:38pm
Gbpusd is selling down, but the trend is upwards.
  • #621,083
  • Sep 2, 2021 11:41pm Sep 2, 2021 11:41pm
Quoting Pat Chiko
GU Scalping Asia session. {image}
nice catch
  • #621,084
  • Sep 2, 2021 11:47pm Sep 2, 2021 11:47pm
Quoting Pat Chiko
{quote} One of trader here trade with real money USD 3.0 million. Not going to put up names. Just few here trades large account. The other are now in Bali - he does have big large account.

Hi Pat,

I'm sure there are a few here with large accounts to Trade

I'm talking about the average Retail Trader

Personally if I had that kind of money I would be doing better things than sitting at my computer posting on Forex Factory
  • #621,085
  • Sep 2, 2021 11:53pm Sep 2, 2021 11:53pm
Quoting Georginson
Sold at 1.3832, target 1.3632... I did wait for break higher, now let's see if my patience will pay off.
I have exited this at Break even and will stand aside till after London open or sell higher at 1.3880 area (if price gets there).
Data + Stat + Risk/Emotions Management
  • #621,086
  • Sep 2, 2021 11:56pm Sep 2, 2021 11:56pm
Someone who is interested UCAD. It's gonna pop soon to either side wit some massive profits.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD..M15.png Size: 19 KB
Fools Rushing
  • #621,087
  • Sep 3, 2021 12:00am Sep 3, 2021 12:00am
Attached Image (click to enlarge)
Click to Enlarge Name: EC4B05E2-7266-44DF-AEA3-29BF8CB24801.jpeg Size: 365 KB
Quoting elbert3
{quote} PLEASE I AM TYRING TO EAT MY RATHER NICE STEAK ,,BUT I CANT FOR LAUGHING WATCG ONE MORE KICK UP WOULD BE GOOD TO 384E BUT I MIGHT BE A TAD OUT, I WILL LET YOU KNOW AFTER MY DINNER
Slipping 1 pip out lol let’s see then .
  • #621,088
  • Sep 3, 2021 12:09am Sep 3, 2021 12:09am
Mtf test I see cad trend currently downwards on the weekly
  • #621,089
  • Edited 12:54am Sep 3, 2021 12:19am | Edited 12:54am
Potential Scenario for GU
Edited - Correct Chart attached
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD..H4.png Size: 25 KB
Fools Rushing
  • #621,090
  • Sep 3, 2021 12:22am Sep 3, 2021 12:22am
Quoting Houtbay
Mtf test I see cad trend currently downwards on the weekly
Indeed. Book your profits accordingly.
Fools Rushing
  • #621,091
  • Sep 3, 2021 12:34am Sep 3, 2021 12:34am
waiting for the break
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 24 KB
yes yes yes
  • #621,092
  • Sep 3, 2021 12:37am Sep 3, 2021 12:37am
MMMM MORE LONGS
  • #621,093
  • Sep 3, 2021 12:37am Sep 3, 2021 12:37am
Quoting KiwiTrada
{quote} yes and may it continue, do enjoy range trading, but missing a decent trend, nfp might just kick things off?
I guess NFP will be dollar bullish in general. Of course i am not a fortune teller but market is not moving for two days. USD is on dip too.
You have to have an IQ higher than 90 to interact with this user.
  • #621,094
  • Sep 3, 2021 12:45am Sep 3, 2021 12:45am
Quoting stevepatt
{quote} GBP/USD H1 Observations {image}

GBP/USD D1 Observations
Attached Image (click to enlarge)
Click to Enlarge Name: 3rd Sept 21 GBP_USD D1 Observations_20210903_06.30.png Size: 111 KB
  • #621,095
  • Sep 3, 2021 12:56am Sep 3, 2021 12:56am
Quoting stevepatt
{quote} GBP/USD D1 Observations {image}
Beautiful man. I guess we have different methods, however, same scenario's in play. Like your charts.

Cheers !
Fools Rushing
  • #621,096
  • Sep 3, 2021 1:02am Sep 3, 2021 1:02am
A friend share this Gu chart with me and i think its impressive

we should look for sell at a day rejection at 3890 or 3910 for a move down to 3667 to buy

the wave are large correction wave of big pictures price action could also stretch to 14100 if 3910 get broken.
Attached Image (click to enlarge)
Click to Enlarge Name: chart (2).png Size: 142 KB
MY OPINION NOT FINANCIAL ADVISE
  • #621,097
  • Sep 3, 2021 1:10am Sep 3, 2021 1:10am
GU 4 hour turning bearish - 1 hour turning bullish = sideways for a little longer… moved up sl… 7am walk with the dog… Good luck all today
If you don't earn from it you learn from it
  • #621,098
  • Sep 3, 2021 1:16am Sep 3, 2021 1:16am
Quoting donfriday
A friend share this Gu chart with me and i think its impressive we should look for sell at a day rejection at 3890 or 3910 for a move down to 3667 to buy the wave are large correction wave of big pictures price action could also stretch to 14100 if 3910 get broken. {image}
nice chart, breaking today high will probably lead to 1.39-1.395.
but write side note, today high is bearish ABCD pattern and connected exactly weekly fib 78.6 confluence zone. pattern target more then 100 pips down.
holding 3 short average price is 1.3829 (early entry yesterday night) sl for all of them 10 pips above today's high.
hope it will stand.
  • #621,099
  • Sep 3, 2021 1:19am Sep 3, 2021 1:19am
Today 1.3790 or 1.3890... either of these levels will likely be seen.

Considering weekly range so far stands at 114 pips, still some 50 more pips to break either 1.3732 or 1.3845. 1.3845 looks more likely to break which gives 1.3890 70% chance of occurrence.

I am not keen on buying this price, I will wait to sell higher around 1.3880/1.3890 area. It's NFP so some Volatility is expected. Trade with utmost caution.
Data + Stat + Risk/Emotions Management
  • #621,100
  • Edited 1:38am Sep 3, 2021 1:22am | Edited 1:38am
Kind of the broad scenario I expect

Too close to some significant highs to not take them out I believe

After these are claimed then down next week, or we have some even bigger prizes up at 1.40 but this is too far in the future

A trading idea might be to watch the DPP for long. If we begin frankfurt above the DPP drifting towards it then it will likely touch and support price and pivot as the name suggests. All of this is PA dependent I don't believe in blindly buying on levels (anymore)
Attached Image (click to enlarge)
Click to Enlarge Name: GU 15m.jpg Size: 238 KB
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