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Cable Update (GBPUSD)

  • #621,501
  • Sep 6, 2021 3:55am Sep 6, 2021 3:55am
No long for me, till around 1.3785-1.3795
  • #621,502
  • Sep 6, 2021 3:56am Sep 6, 2021 3:56am
Quoting mysterio
{quote} This is broadly my plan too, not the exact numbers but the general idea and areas Will post charts later Long currently, I'd like to see a range develop with todays LO at the bottom Today I think the spike down was stop hunt and should drift up but the real action will be tomorrow The Long around 1.38 should be good ? lets see
True bro. I agree on it drifting up.
bank holiday in US, UK may have a field day?

When you get time, looking forward to the chart
Cheers
  • #621,503
  • Sep 6, 2021 4:19am Sep 6, 2021 4:19am
the 2 factor i am seeing now is price can drop to 3825 and go up to 3875 or go up to 3875 and drop to 3800

this are intraday scenario bias


whichever come first
MY OPINION NOT FINANCIAL ADVISE
  • #621,504
  • Sep 6, 2021 4:37am Sep 6, 2021 4:37am
Not an ideal trend that any trader should sell into on intraday I expect it to swing back up
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MY OPINION NOT FINANCIAL ADVISE
  • #621,505
  • Sep 6, 2021 4:38am Sep 6, 2021 4:38am
Quoting donfriday
Not an ideal trend that any trader should sell into on intraday I expect it to swing back up {image}
yeah me too. I pulled out of my short as it was slow and boom thing dropped 10 pips Oh well still long till 139
Insane in the Brain..
  • #621,506
  • Sep 6, 2021 4:39am Sep 6, 2021 4:39am
Quoting Theoak
Short in at 1.3845
+12 pips Run the rest!!!
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Don't trade what you think. Just what you see!!!
  • #621,507
  • Sep 6, 2021 4:46am Sep 6, 2021 4:46am
79% of last swing and m30 demand zone now, long is now or never (never being today)
  • #621,508
  • Edited 5:17am Sep 6, 2021 4:52am | Edited 5:17am
... 3828-30 is a 3 fib cluster, another 3810-14. (fibs of the major swing lo's from and including 3602, to 3892.) 23.6% of 3602-3892 is @ 3823.
Trader with an Edge.
  • #621,509
  • Edited 5:15am Sep 6, 2021 4:54am | Edited 5:15am
D1 - gbp index/usd index. (gbpusd).
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Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #621,510
  • Sep 6, 2021 5:00am Sep 6, 2021 5:00am
Quoting mysterio
79% of last swing and m30 demand zone now, long is now or never (never being today)
Quick and dirty chart haven't had much time for analysis

GU a fan of psyching people out, making you think it's going one way then boom
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  • #621,511
  • Sep 6, 2021 5:03am Sep 6, 2021 5:03am
Quoting Theoak
{quote} +12 pips Run the rest!!! {image}
Taken out of my profit runner. The Bulls are in town long in at 1.3841 will add if highs break!!
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Don't trade what you think. Just what you see!!!
  • #621,512
  • Sep 6, 2021 5:09am Sep 6, 2021 5:09am
The 200 ema never lies
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yes yes yes
  • #621,513
  • Sep 6, 2021 5:12am Sep 6, 2021 5:12am
I would like to see 3870 today...for a short into 3760. But with bank holiday in the US...not sure if bulls will make it.
Everyone can see the chart, but only a few can actually read it.
  • #621,514
  • Sep 6, 2021 5:14am Sep 6, 2021 5:14am
i entry long at 1.38359 and 1.38347.
  • #621,515
  • Sep 6, 2021 5:16am Sep 6, 2021 5:16am
Moty bro i think your have no fuel...make it bro
  • #621,516
  • Edited 5:50am Sep 6, 2021 5:29am | Edited 5:50am
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yes yes yes
  • #621,517
  • Sep 6, 2021 5:31am Sep 6, 2021 5:31am
I’m not sure how much GU will move today due to the bank holiday. Outside of that, if I were looking to trade today I would be favouring longs in GU.
  • #621,518
  • Sep 6, 2021 5:32am Sep 6, 2021 5:32am
US Bank Holiday, so far nothing much happening
MA provides the market's current direction and strength.
  • #621,519
  • Sep 6, 2021 5:32am Sep 6, 2021 5:32am
...pullback hi off current dly lo struggled at the prev 5/15min sw hi that extends to 3846, supply waited there. 30day adr down to 77pips!...36pips so far today (gmt+3 daily candle.)

5min below.
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Trader with an Edge.
  • #621,520
  • Sep 6, 2021 5:48am Sep 6, 2021 5:48am
Quoting Theoak
{quote} Taken out of my profit runner. The Bulls are in town long in at 1.3841 will add if highs break!! {image}
In a 7 pip hole. Hope the higher timeframes kick in (double bottom) if not will have to take hit if lows are broke!!! Might even short if this happens
Attached Image (click to enlarge)
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Don't trade what you think. Just what you see!!!
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