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Cable Update (GBPUSD)

  • #623,541
  • Sep 14, 2021 6:47pm Sep 14, 2021 6:47pm
Quoting Jolita
{quote} 3800 was tickled Gold and Oil is up. Your chart, is this algo?
gave upon oil 20years ago, gold up / down depends own what timeframe you looking at, start with monthly look hard left previous highs 2010, overall trend is up with possible reversal in play now, note last month powerful doji(albeit oddly placed, the high is my marker 1831 59, go weekly trend still up and reversal pattern showing little more potential, note, the bear attacks very strong candles, bulls grind retrace, overall LL LH,s etc then go daily without higher tf levels not much to go on for now my marker is 1809 62 so yep trend is up, I am hunting one or two of those big daily then weekly bear candles :-)
If you are new to Forex? Say Goodbye to your account!!
  • #623,542
  • Sep 14, 2021 7:12pm Sep 14, 2021 7:12pm
Quoting KiwiTrada
{quote} gave upon oil 20years ago, gold up / down depends own what timeframe you looking at, start with monthly look hard left previous highs 2010, overall trend is up with possible reversal in play now, note last month powerful doji(albeit oddly placed, the high is my marker 1831 59, go weekly trend still up and reversal pattern showing little more potential, note, the bear attacks very strong candles, bulls grind retrace, overall LL LH,s etc then go daily without higher tf levels not much to go on for now my marker is 1809 62 so yep trend is up,...
Impresive studies, I can tell you working hard and many years. Yes, thanks, you explained gaps and comparison on GBP100 to me, screenshot saved and watching. It's a monster, if you in wrong direction can be painful. Need to study to understand direction on both.
I watch gold from the side expecting 1815 soon.
Oil moves similar way - pump and dump at large. Today reached 71, went back to 70, now nearly back up. We done low retracement, next is higher high.
  • #623,543
  • Sep 14, 2021 7:16pm Sep 14, 2021 7:16pm
Quoting Pat Chiko
GU Waiting for scalping set up at Tokyo Market. {image}
GU

Scalping Tokyo


Attached Image (click to enlarge)
Click to Enlarge Name: gu 011.jpg Size: 67 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #623,544
  • Sep 14, 2021 7:39pm Sep 14, 2021 7:39pm
Quoting Jolita
{quote} Impresive studies, I can tell you working hard and many years. Yes, thanks, you explained gaps and comparison on GBP100 to me, screenshot saved and watching. It's a monster, if you in wrong direction can be painful. Need to study to understand direction on both. I watch gold from the side expecting 1815 soon. Oil moves similar way - pump and dump at large. Today reached 71, went back to 70, now nearly back up. We done low retracement, next is higher high.
nope if entry is wrong sl limits loss to acceptable risk, reassess often entry was wrong, or sl too tight, many times market claims sl then moves with original trade, those gaps are 85-90% helpful, in trading thats huge advantage,
gold not sure why 1815? I sold it just after todays open 1803 00 inline with the "gap" direction :-) problem is she is stuck @ hrly 200 sma but still just below dqaily 200 sma, I am prepared to lose trade if she bounces, but fib retracement levels for last nights -data are worth attacking 1800 will be the toughest
remember 1st and 2nd hrly candles best to trade 3rd is less reliable better to wait 8hrs until next day open then try again, it works well when it works, and your stopped out when it doesnt
If you are new to Forex? Say Goodbye to your account!!
  • #623,545
  • Sep 14, 2021 7:54pm Sep 14, 2021 7:54pm
Quoting Mr.Burger
{quote} {quote} I'm out with trailing stop 2 enrty left (+50p*2 entry) --- Today, Bearish 1.27 AB=CD on WR 61.8 RN 1.390 thwart the bullish run to the north {image} --- job done for today, GL everyone
If the drop that far, potential bullish shark pattern may occur, careful everyone
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 50 KB
Daddy, Brother, Lover, Little Boy
  • #623,546
  • Sep 14, 2021 8:31pm Sep 14, 2021 8:31pm
long scalp, will hold shorts
- buy on a sell candle, sell on buy candle.
Attached Image (click to enlarge)
Click to Enlarge Name: 1e11a9d65f00d62fa0bd13a10eb277a8.png Size: 110 KB
"Exchange of hands"
  • #623,547
  • Edited 9:28pm Sep 14, 2021 9:05pm | Edited 9:28pm
All the best GBP buyers

Bullish daily pinbar on DXY

No entry opportunity for sellers, 1.3700 today

More fireworks after CPI news

Stay safe, stay green
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 50 KB
Click to Enlarge Name: dxy.PNG Size: 60 KB
  • #623,548
  • Sep 14, 2021 9:17pm Sep 14, 2021 9:17pm
Quoting Kaysole
[email protected] [email protected] [email protected] {image}
SL hit
  • #623,549
  • Sep 14, 2021 9:33pm Sep 14, 2021 9:33pm
Quoting Pat Chiko
{quote} GU Scalping Tokyo {image}
GU

Scalping position in negative drawdown.

Not in good position.

Attached Image (click to enlarge)
Click to Enlarge Name: gu 013.jpg Size: 64 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #623,550
  • Sep 14, 2021 9:54pm Sep 14, 2021 9:54pm
Quoting Pat Chiko
{quote} GU Scalping position in negative drawdown. Not in good position. {image}
price might target 1.37700 or up first to retest last high anything possible , XD
still i see a buy for retest high
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #623,551
  • Sep 14, 2021 10:03pm Sep 14, 2021 10:03pm
Quoting Mr.Burger
{quote} If the drop that far, potential bullish shark pattern may occur, careful everyone {image}
Cakeppp....

Inserted Video
not euphoria follower
  • #623,552
  • Sep 14, 2021 10:29pm Sep 14, 2021 10:29pm
Quoting Traderview
Buy @ 1.3846. Sl 50 pips Target 1 - 1.3885 Target 2 - 1.3935.
Closed this with 25 pips loss @1.3825..
  • #623,553
  • Sep 14, 2021 10:47pm Sep 14, 2021 10:47pm
scalp buy target 50% of last candle drop , but will update when price do a move to break that level to retest last high
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #623,554
  • Sep 14, 2021 11:10pm Sep 14, 2021 11:10pm
Quoting Jolita
4hour red candle looks creapy, I think is ready complete M.

'M' - are seldom posting. Always on the side line.
Maybe we can get 'W" to encourage him to post

I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #623,555
  • Sep 14, 2021 11:24pm Sep 14, 2021 11:24pm
Stable USD index is cautious for me. This is the moment when bull and bear both got equal strength. Todays CPI will help I hope.
Attached Image (click to enlarge)
Click to Enlarge Name: 1ef393bba631c1ee3b2d42c9a155dfd4.png Size: 71 KB
Try the simple and make it for you ~
  • #623,556
  • Sep 14, 2021 11:24pm Sep 14, 2021 11:24pm
Quoting Pat Chiko
{quote} GU Scalping position in negative drawdown. Not in good position. {image}
Hi
GU may go little bit higher. 1.38 is still holding.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2.png Size: 34 KB
MA provides the market's current direction and strength.
  • #623,557
  • Sep 15, 2021 12:16am Sep 15, 2021 12:16am
Quoting hasib
{quote} Hi GU may go little bit higher. 1.38 is still holding. {image}

Yah, anything is possible with forex. The peak of the week was made, and i wouldn't want to trade towards it. Waiting to see if there will be any significant pullback and add to my shorts.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 47 KB
  • #623,558
  • Sep 15, 2021 12:21am Sep 15, 2021 12:21am
Quoting Dethorn
{quote} Yah, anything is possible with forex. The peak of the week was made, and i wouldn't want to trade towards it. Waiting to see if there will be any significant pullback and add to my shorts. {image}
In current market conditions shorting makes more sense. Yesterday was strong bearish. Fighting against strong daily momentum is not good idea.

GBP CPI y/y, is coming today. Probably it will come bad.
MA provides the market's current direction and strength.
  • #623,559
  • Sep 15, 2021 12:56am Sep 15, 2021 12:56am
When is this news out?
  • #623,560
  • Sep 15, 2021 12:56am Sep 15, 2021 12:56am
Attached Image (click to enlarge)
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"Exchange of hands"
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