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Cable Update (GBPUSD)

  • #622,361
  • Sep 8, 2021 10:09am Sep 8, 2021 10:09am
Quoting Mr.Burger
{quote} profit taking 50p nice one hour+ movement right on T3 breathing price --- RR 1:4 ( recovery -1 loss previously ) {image}
  • #622,362
  • Sep 8, 2021 10:12am Sep 8, 2021 10:12am
Quoting Waveskierrob
{quote} Yes I am thank you
  • #622,363
  • Sep 8, 2021 10:14am Sep 8, 2021 10:14am
Quoting Ihlas
{quote}
Attached Image (click to enlarge)
Click to Enlarge Name: Rock My Gypsy Soul.jpg Size: 26 KB
  • #622,364
  • Sep 8, 2021 10:15am Sep 8, 2021 10:15am
Quoting Traderview
{quote} I hope you bought it @ 1.3730.
Closed it @ 1.3780. Solid 50 pips.

200 ma on 1hrs and 4hrs sits @ 1.3792 and 1.3810. It'll pull it down. 1.3750.

See you guys tomorrow.
  • #622,365
  • Sep 8, 2021 10:17am Sep 8, 2021 10:17am
Quoting Waveskierrob
{quote} Yes I am thank you
Does Arnold Schwarzenegger know about it?
  • #622,366
  • Sep 8, 2021 10:17am Sep 8, 2021 10:17am
Nice bounce
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 09-08-2021 20.16.jpg Size: 106 KB
yes yes yes
  • #622,367
  • Sep 8, 2021 10:19am Sep 8, 2021 10:19am
Quoting pipfarm
{quote} next could be a minor correction and swing down - did exactly as the parent wave next up followed by a larger correction and swing down

Exactly as the parent wave, finished the minor down move and now moving into a larger degree (size) swing up then down
Follow The Markets Structure - Patience and Discipline
  • #622,368
  • Sep 8, 2021 10:19am Sep 8, 2021 10:19am
Quoting Waveskierrob
{quote} {image}
  • #622,369
  • Sep 8, 2021 10:28am Sep 8, 2021 10:28am
Quoting pipfarm
{quote} Exactly as the parent wave, finished the minor down move and now moving into a larger degree (size) swing up then down

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 68 KB
Follow The Markets Structure - Patience and Discipline
  • #622,370
  • Sep 8, 2021 10:36am Sep 8, 2021 10:36am
One more push down tomorrow
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 38 KB
  • #622,371
  • Sep 8, 2021 10:39am Sep 8, 2021 10:39am
Quoting Ihlas
One more push down tomorrow {image}
why? price moved down already, why it should move lower again?
  • #622,372
  • Sep 8, 2021 10:42am Sep 8, 2021 10:42am
Quoting genadi
{quote} why? price moved down already, why it should move lower again?
A little bird told me
My view?
  • #622,373
  • Sep 8, 2021 10:53am Sep 8, 2021 10:53am
TARGET 13800 to sell
MY OPINION NOT FINANCIAL ADVISE
  • #622,374
  • Sep 8, 2021 10:56am Sep 8, 2021 10:56am
Quoting W0lfram
May be partially related to the movement of open interest to the December contract, 6BU1 expires Sep 13th. But what do I know.
As the person who trades futures told me: It is common to see drop in price ahead of expiration. There is not enough liquidity, traders do not want to receive a "physical" asset and get rid of contracts. Let's see.

{https://link.springer.com/article/10...00-018-00606-9
Attached Image (click to enlarge)
Click to Enlarge Name: 2021-09-08_12-52-54.png Size: 44 KB
}
Air force
  • #622,375
  • Sep 8, 2021 10:57am Sep 8, 2021 10:57am
Quoting Ihlas
{quote} A little bird told me My view?
if price will go lower tomorrow. what will be the reason for it to go up?
i dont get it...
  • #622,376
  • Sep 8, 2021 10:57am Sep 8, 2021 10:57am
Quoting donfriday
TARGET 13800 to sell
1.38? I dont see the R beside the RN.
lets say FVG around 1.381 and R.. weak R.
but im just a novice trader who dream big.
  • #622,377
  • Sep 8, 2021 11:00am Sep 8, 2021 11:00am
Quoting gatenio
{quote} 1.38? I dont see the R beside the RN. lets say FVG around 1.381 and R.. weak R. but im just a novice trader who dream big.


expect expanded flat stop hunting
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD_20210908_17.58.png Size: 100 KB
MY OPINION NOT FINANCIAL ADVISE
  • #622,378
  • Sep 8, 2021 11:02am Sep 8, 2021 11:02am
Quoting genadi
{quote} if price will go lower tomorrow. what will be the reason for it to go up? i dont get it...
IMHO not much lower but a little bit.
The reason for going up: This time bigger bird told me
This is just my plan. Just forget. Combination of various analysis.
Too complicated to explain and its my imagination
  • #622,379
  • Sep 8, 2021 11:03am Sep 8, 2021 11:03am
another reason for 13800
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD_20210908_18.02.png Size: 99 KB
MY OPINION NOT FINANCIAL ADVISE
  • #622,380
  • Sep 8, 2021 11:11am Sep 8, 2021 11:11am
chart dont lie
trader need to read it, its a book
MY OPINION NOT FINANCIAL ADVISE
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