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Cable Update (GBPUSD)

  • #623,521
  • Sep 14, 2021 3:14pm Sep 14, 2021 3:14pm
Quoting Ihlas
Tomorrow is also ping pong. And the direction is up. Might be HH. Good bye guys forever!!!! Wish everybody health and wealth!!! Ciao!!
Why are you leaving us?
  • #623,522
  • Edited Sep 15, 2021 1:49am Sep 14, 2021 3:18pm | Edited Sep 15, 2021 1:49am
Quoting donfriday
13700 is my destination if daily close below 13875 its confirmed my opinion and should not be followed, i am not responsible the outcome result. {image}
Good shout. Have you sailed along up and down?
  • #623,523
  • Sep 14, 2021 3:27pm Sep 14, 2021 3:27pm
Quoting Jolita
4hour red candle looks creapy, I think is ready complete M.
Yes, next buying level for me is around 1.3750
  • #623,524
  • Sep 14, 2021 3:34pm Sep 14, 2021 3:34pm
Why are people obsessed with GU long? You cant catch a falling knife! GU sell for months to come

Looks like we're going straight to 1.3700
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 49 KB
  • #623,525
  • Sep 14, 2021 3:39pm Sep 14, 2021 3:39pm
Honestly, I dunno why the USD should strengthen at this point when the Atlanta FED lowered it's forecast last Friday by 41%...
https://www.atlantafed.org/cqer/research/gdpnow
https://t.me/MidnightRiderChannel/39106
Lost....
  • #623,526
  • Sep 14, 2021 3:46pm Sep 14, 2021 3:46pm
Quoting fxmasterdxb
{quote} Yes, next buying level for me is around 1.3750
Looking at daily possible to reverse still. We are in uptrend. Stochastic lines hasn't crossed yet. Let see how we close.

Mobile view, sorry

Attached Image (click to enlarge)
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  • #623,527
  • Sep 14, 2021 3:51pm Sep 14, 2021 3:51pm
Quoting Jolita
{quote} Looking at daily possible to reverse still. We are in uptrend. Stochastic lines hasn't crossed yet. Let see how we close. Mobile view, sorry {image}
Well i bailed my longs, i dont like when price moves in one direction with no retracements, mostly its followed with continuation

I may be wrong, lets see
  • #623,528
  • Sep 14, 2021 3:58pm Sep 14, 2021 3:58pm
Inserted Video
not euphoria follower
  • #623,529
  • Sep 14, 2021 4:08pm Sep 14, 2021 4:08pm
Bull caught on the wrong side this time
Attached Image (click to enlarge)
Click to Enlarge Name: GU PIC.jpg Size: 56 KB
  • #623,530
  • Sep 14, 2021 4:11pm Sep 14, 2021 4:11pm
Quoting Dethorn
Why are people obsessed with GU long? You cant catch a falling knife! GU sell for months to come Looks like we're going straight to 1.3700 {image}

we all want discounts to interest more consumers...
MY OPINION NOT FINANCIAL ADVISE
  • #623,531
  • Sep 14, 2021 4:20pm Sep 14, 2021 4:20pm
Quoting trumps
Looks like breaking 1.39 today/tomorrow
Looks like 3778 on the way first
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 11 KB
Compulsions can be hard to resist
  • #623,532
  • Sep 14, 2021 4:24pm Sep 14, 2021 4:24pm
Quoting KiwiTrada
{quote} nope, quite confident she is going down I just enter 3870 sl 13 I will keep looking for short up to 3890, time will tell gold will follow too :-)
market can be cruel, negative us data pumped to take out weak shorts then dumped, I know I know its a commentary, but 1 3900 held, bears back on task presently @ 200 sma with psych 1 3800 just below, rising 4hr channel bo still on the cards, time to squeeze protection and see outcome of this level?? dosent show but 3800 has already been tickled :-)
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD Mini_20210915_09.14.png Size: 134 KB
If you are new to Forex? Say Goodbye to your account!!
  • #623,533
  • Edited 5:11pm Sep 14, 2021 4:32pm | Edited 5:11pm
...well, that dly candle changes things? - a bearish hammer ...price challenging that prev 1hr/4hr sw lo zone extending down to 3796/97 now. 2 fibs @ bottom of that zone.

Dly, then 1hr below.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 590d81a583383470f26c9dd0cafbd4f1.png Size: 48 KB
Trader with an Edge.
  • #623,534
  • Edited 5:03pm Sep 14, 2021 4:45pm | Edited 5:03pm
...may as well post 4hr chart as it shows the remaining fibs of the 3 major swing lo's from and including 3602 to yesterday's 3912 hi, as well as the 2 x potential rbs zones on this t/f (that come next if 3797 is busted to the downside,) etc. The potentially stronger of these looks like the lower one. A further drop seems like a distinct possibility at least, given the dly candle close?

4hr below.
Attached Image
Trader with an Edge.
  • #623,535
  • Sep 14, 2021 5:36pm Sep 14, 2021 5:36pm
Quoting fxmasterdxb
{quote} Well i bailed my longs, i dont like when price moves in one direction with no retracements, mostly its followed with continuation I may be wrong, lets see
Yes, this is right thing to do.
I hold my loosing trades. My lots are manageable, no SL.
Few weeks back, I closed a few and now all reversed back. No point really if I enter at save level. This is how I trade.
Risk taking I know.
  • #623,536
  • Sep 14, 2021 5:43pm Sep 14, 2021 5:43pm
Quoting KiwiTrada
{quote} market can be cruel, negative us data pumped to take out weak shorts then dumped, I know I know its a commentary, but 1 3900 held, bears back on task presently @ 200 sma with psych 1 3800 just below, rising 4hr channel bo still on the cards, time to squeeze protection and see outcome of this level?? dosent show but 3800 has already been tickled :-) {image}
3800 was tickled
Gold and Oil is up.

Your chart, is this algo?
  • #623,537
  • Sep 14, 2021 5:45pm Sep 14, 2021 5:45pm
Quoting KiwiTrada
{quote} market can be cruel, negative us data pumped to take out weak shorts then dumped, I know I know its a commentary, but 1 3900 held, bears back on task presently @ 200 sma with psych 1 3800 just below, rising 4hr channel bo still on the cards, time to squeeze protection and see outcome of this level?? dosent show but 3800 has already been tickled :-) {image}

Bearish setup to close Q3
not euphoria follower
  • #623,538
  • Sep 14, 2021 6:32pm Sep 14, 2021 6:32pm
Quoting Jolita
{quote} 3800 was tickled Gold and Oil is up. Your chart, is this algo?
nope its GB100 gap at london open white, day open red, I have explained before, do due diligence, it is well worth the time:-)
If you are new to Forex? Say Goodbye to your account!!
  • #623,539
  • Sep 14, 2021 6:32pm Sep 14, 2021 6:32pm
Ranging these week 1.37700 - 1.3900 going to wait another week to see the real BO / mover
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #623,540
  • Sep 14, 2021 6:45pm Sep 14, 2021 6:45pm
GU

Waiting for scalping set up at Tokyo Market.


Attached Image (click to enlarge)
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I come from the future.
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