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Cable Update (GBPUSD)

  • #621,581
  • Sep 6, 2021 7:24am Sep 6, 2021 7:24am
Quoting Maximumheigh
No long for me, till around 1.3785-1.3795
Still on my short. Target still intact
  • #621,582
  • Sep 6, 2021 7:24am Sep 6, 2021 7:24am
Quoting Headland
...last 1hr close was dark cloud cover...
... nice downside follow thru off that 1hr dark cloud cover (previous bullish hammer turned out to be false!) Challenging prev 1hr/minor 4hr sw lo zone down to Friday's 3817 lo now, 23.6% 3602-3892 in that zone, as is Dly S1, ....next 3 fib cluster 3810-14.

1hr below.
Attached Image (click to enlarge)
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Trader with an Edge.
  • #621,583
  • Sep 6, 2021 7:27am Sep 6, 2021 7:27am
Quoting MTF Test
{quote} Not sure about shorting. i buying both the pairs.
As a prop trader with proper lot sizing, I would like to hold longs above 3778
Intraday only.
  • #621,584
  • Sep 6, 2021 7:34am Sep 6, 2021 7:34am
... for reasons explained in an earlier post, watch the 3808-3766 area if reached, may hold demand?
Trader with an Edge.
  • #621,585
  • Sep 6, 2021 7:35am Sep 6, 2021 7:35am
Not closing any longs just yet. Today is an airy dairy day no rhyme or rhythm a drop but not a proper one and no sign of a rise. Maybe back to normality tomorrow
Insane in the Brain..
  • #621,586
  • Sep 6, 2021 7:38am Sep 6, 2021 7:38am
Hello friends we had weekly bids at 1.3818 which had to fill with the support of the us bank holiday next we can expect upside move
  • #621,587
  • Sep 6, 2021 7:49am Sep 6, 2021 7:49am
Quoting MTF Test
{quote} Not sure about shorting. i buying both the pairs.
1.3812 missing PP from Friday

!.38 - number "sacro"
do not rush, please
do not fight
wait a little bit

can be wrong.., of course
dolce vita
  • #621,588
  • Sep 6, 2021 7:54am Sep 6, 2021 7:54am
1h closing candle might stretch to 13805 (+/- spread).
New 4h candle should will be bullish as Stochs bellow - 20.
New byers waiting to join in at 13780.
MP's having debates about Afganistan, guilty questioning.
  • #621,589
  • Edited 8:28am Sep 6, 2021 7:56am | Edited 8:28am
If the current 4HR Candle close below the LZ... then it will go even lower.
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  • #621,590
  • Sep 6, 2021 7:58am Sep 6, 2021 7:58am
Anticipated buy zones around 1.38

No buying before then for me also no selling into an uninterrupted sell off
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  • #621,591
  • Sep 6, 2021 7:58am Sep 6, 2021 7:58am
euro came to WPP right now
...what next
???
dolce vita
  • #621,592
  • Sep 6, 2021 7:59am Sep 6, 2021 7:59am
Quoting stevepatt
{quote} GBP/USD Pending Short Trade {image}

GBP/USD Canceled Pending Short at 1.38600

GBP/USD M5 Observations
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  • #621,593
  • Sep 6, 2021 8:01am Sep 6, 2021 8:01am
Attached Image (click to enlarge)
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yes yes yes
  • #621,594
  • Sep 6, 2021 8:07am Sep 6, 2021 8:07am
Well i see most of traders here are planning to buy between 1.3790-80 including myself, I have learnt over and over in forex when a long/short is so obvious and everything jumps in, the ship suddenly sinks!

Im staying on the sideline for the time buying and keeping a close eye on the situatuon
  • #621,595
  • Sep 6, 2021 8:07am Sep 6, 2021 8:07am
Have you noticed during bank holiday closures currency holding country is in favour? Nothing new.
  • #621,596
  • Sep 6, 2021 8:14am Sep 6, 2021 8:14am
Quoting LvMMT
Hi folks, my view from sunny Spain ... M30 {image} H1 {image} H4 {image} D1 {image} God bless everybody! Green pips to all!
Attached Image (click to enlarge)
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God bless everybody!
The only impartial feeling is love. It is also the only feeling of God.
  • #621,597
  • Sep 6, 2021 8:14am Sep 6, 2021 8:14am
Quoting fxmasterdxb
Well i see most of traders here are planning to buy between 1.3790-80 including myself, I have learnt over and over in forex when a long/short is so obvious and everything jumps in, the ship suddenly sinks! Im staying on the sideline for the time buying and keeping a close eye on the situatuon
Good thinking, go against the flow.
As long the sharks are a sleep...
  • #621,598
  • Sep 6, 2021 8:23am Sep 6, 2021 8:23am
i don't know this time! short or long,,still waiting for 1.3800 for buy or 1.3900 for sell.
  • #621,599
  • Sep 6, 2021 8:26am Sep 6, 2021 8:26am
still cannot upload files...
copied image

nice point we've got now



https://charts.mql5.com/29/891/gbpus...-limited-2.png
dolce vita
  • #621,600
  • Sep 6, 2021 8:29am Sep 6, 2021 8:29am
Quoting BigNumbers
If the current 4HR Candle close below the LZ... then it will go even lower. {image}

Same set up on XAUUSD. 4HR Time Frame. A close below the LZ. Price May go even lower.
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