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Cable Update (GBPUSD)

  • #624,021
  • Sep 17, 2021 12:55am Sep 17, 2021 12:55am
Hi Guys,
We are in the anticipated area for shorts. My 50% fib retrace at 1.38090 and D/pivot at 1.38037. It is still too early for me to look for trades, Frankfurt in a couple of minutes and London open an hour later. I will be looking for rejection candles.
Have a great day.
Cheers.
Trade to trade another day
  • #624,022
  • Sep 17, 2021 12:58am Sep 17, 2021 12:58am
Quoting Wavegarrick
Hi Guys, We are in the anticipated area for shorts. My 50% fib retrace at 1.38090 and D/pivot at 1.38037. It is still too early for me to look for trades, Frankfurt in a couple of minutes and London open an hour later. I will be looking for rejection candles. Have a great day. Cheers.
Retail sales data will have any impact or not??
  • #624,023
  • Sep 17, 2021 12:58am Sep 17, 2021 12:58am
Quoting Wavegarrick
Hi Guys, We are in the anticipated area for shorts. My 50% fib retrace at 1.38090 and D/pivot at 1.38037. It is still too early for me to look for trades, Frankfurt in a couple of minutes and London open an hour later. I will be looking for rejection candles. Have a great day. Cheers.
you're great leon
Daddy, Brother, Lover, Little Boy
  • #624,024
  • Sep 17, 2021 1:02am Sep 17, 2021 1:02am
Yellow sticker data not good for GU. Could see a move below 138
Insane in the Brain..
  • #624,025
  • Sep 17, 2021 1:05am Sep 17, 2021 1:05am
Quoting stevepatt
{quote} GBP/USD Pending Long Trade Pending Long 1.37500 Target 1.38000 Stop 1.37200 Missed the Opportunities to Short (Working) Looking for a Bounce back to 1.38000 RN and then further to the Downside {image}

GBP/USD Pending Short Trade

Pending Short 1.38150 Stop 1.38450 Target 1.37000

Pending Long Trade Cancelled
Attached Image (click to enlarge)
Click to Enlarge Name: 17th Sept 21 GBP_USD Pending Short Trade_20210917_06.58.png Size: 121 KB
  • #624,026
  • Sep 17, 2021 1:07am Sep 17, 2021 1:07am
Quoting bilal.cybrog
{quote} Retail sales data will have any impact or not??
You caught me off guard there because the news is already out. Sorry for that. To be honest I don't look at medium impact news. We will see volatility because of Frankie open.
@ Mrburger. Thanks, Bud.
Trade to trade another day
  • #624,027
  • Sep 17, 2021 1:09am Sep 17, 2021 1:09am
Short in at 1.3799
Don't trade what you think. Just what you see!!!
  • #624,028
  • Sep 17, 2021 1:11am Sep 17, 2021 1:11am
Give me me a fall baiby
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 47 KB
  • #624,029
  • Sep 17, 2021 1:14am Sep 17, 2021 1:14am
Inserted Video
not euphoria follower
  • #624,030
  • Sep 17, 2021 1:16am Sep 17, 2021 1:16am
Quoting stevepatt
{quote} GBP/USD Pending Short Trade Pending Short 1.38150 Stop 1.38450 Target 1.37000 Pending Long Trade Cancelled {image}

GBP/USD M5 Observations
Attached Image (click to enlarge)
Click to Enlarge Name: 17th Sept 21 GBP_USD M5 Observations_20210917_07.09.png Size: 106 KB
  • #624,031
  • Sep 17, 2021 1:19am Sep 17, 2021 1:19am
Quoting segarann
Good day Cable's My view only . . . {image}
muppet :-( dix presently forming a falling chanel aka bull flag, channel can trade, breakout have to wait, maybe london, will wait to see, still holding short 3800 cable 13 pip sl, waiting
If you are new to Forex? Say Goodbye to your account!!
  • #624,032
  • Sep 17, 2021 1:19am Sep 17, 2021 1:19am
swing second buy @1.38000 SL 1.37870 ( first Buy BEP )
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #624,033
  • Edited 2:01am Sep 17, 2021 1:20am | Edited 2:01am
Quoting bilal.cybrog
{quote} When the bigger candle at the back is a bearish doesnt the next bull candle makes it as engulfing bear which is going down in other words. Than why are you predicting it upwards. Please reply for guidance purpose.
Please refer annotations on the chart for your learning, but this is as per my understanding and i can be wrong.
If it works try to learn these things.

P.S: regarding trend lines and Fibonacci, candlesticks all works but on specific levels not everywhere.
Attached Image (click to enlarge)
Click to Enlarge Name: 485e482388978896d403f5ba67f91c90.png Size: 171 KB
"Exchange of hands"
  • #624,034
  • Edited 2:27am Sep 17, 2021 1:23am | Edited 2:27am
people will think now what a bearish engulfing it is time it will reverse, no reaction happened for a reason, you will get it when you switch to Daily, and the news time as well do the thing.

for me another low risk entry. (seems i have to close it, not working)
Attached Image (click to enlarge)
Click to Enlarge Name: 6ac2d080a5e977e8a0d6baa6fd0d2c17.png Size: 138 KB
"Exchange of hands"
  • #624,035
  • Sep 17, 2021 1:29am Sep 17, 2021 1:29am
If long today I would suggest waiting until the asia range low equal lows are taken out, waiting for rejection there. Certainly it looks like a short today but anything can happen, its Friday they love to trick us
  • #624,036
  • Sep 17, 2021 1:31am Sep 17, 2021 1:31am
Quoting BeeTogether
Yellow sticker data not good for GU. Could see a move below 138
Idk how news works, last month was also negative, today better than last data. confusing stuff
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20210917-092202.jpg Size: 172 KB
Air force
  • #624,037
  • Sep 17, 2021 1:37am Sep 17, 2021 1:37am
Quoting W0lfram
{quote} Idk how news works, last month was also negative, today better than last data. confusing stuff {image}
i know… a few months ago the US data was bad yet caused cable to drop like a lead balloon
Insane in the Brain..
  • #624,038
  • Sep 17, 2021 1:40am Sep 17, 2021 1:40am
Attachment g
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 29 KB
yes yes yes
  • #624,039
  • Sep 17, 2021 1:41am Sep 17, 2021 1:41am
people busy now, GL everyone
Daddy, Brother, Lover, Little Boy
  • #624,040
  • Sep 17, 2021 1:42am Sep 17, 2021 1:42am
Quoting Moty
4038501 {image}
I'm in short at 1.3800.
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