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Cable Update (GBPUSD)

  • #625,041
  • Sep 22, 2021 7:28am Sep 22, 2021 7:28am
Quoting DLTrader
I'm sensing a fake break of the current support of 1.3640. BUY @ 1.3630 (waiting) SL within 20 pips. Target just 40 to 50 pips. But could go as high as 1.3700. *Please exit before FOMC. {image}
I exited my long at 1.3638.
It was right after a temporary surge to 1.3650 and then it got consumed right away.
Was still holding until that hourly candle close to see if there's any strength left but obviously no.
Smaller TF continued to form lower highs and therefore the exit.
If the market does give a chance I will want to sell it at 1.3655.
Aim for what's achievable and don't be a dreamer.
  • #625,042
  • Sep 22, 2021 7:28am Sep 22, 2021 7:28am
some days are just good for 1 min chart


there was buyer at 13635 to 13650
another seller from 13650 to 13635
another buyer 13635 to 13645

just a logic of numbers playing out here.
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MY OPINION NOT FINANCIAL ADVISE
  • #625,043
  • Sep 22, 2021 7:42am Sep 22, 2021 7:42am
keeps ticking up.... as price moves down

ok ok, last time I promise
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Attached Image
I AM BIASED - MY THOUGHTS ARE AGAINST YOURS
  • #625,044
  • Sep 22, 2021 7:43am Sep 22, 2021 7:43am
Short in at 1.3626
Don't trade what you think. Just what you see!!!
  • #625,045
  • Sep 22, 2021 7:44am Sep 22, 2021 7:44am
scalpers are the winners today. what a boring market. I am soaked in my long trades
  • #625,046
  • Sep 22, 2021 7:50am Sep 22, 2021 7:50am
Quoting Theoak
Short in at 1.3626
There is a support at this area if it breaks target 14 pips
Don't trade what you think. Just what you see!!!
  • #625,047
  • Sep 22, 2021 7:51am Sep 22, 2021 7:51am
Quoting Bones
{quote} yea ,but I was thinking the range would hold and it could end like that one into res ,anyway thats a major pivot {image}
I see why u were bullish now looking at the yearly..myself today waiting for a setup
  • #625,048
  • Sep 22, 2021 7:56am Sep 22, 2021 7:56am
Quoting Wavegarrick
{quote} Hi Guys, I am getting short confirmation signals from a 4hr perspective. Price just does not seem to want to go to 1.37000 at this point. Sell trade opened at 1.36776 s/loss 30 pips, Cheers {image}
Have to love it when a plan comes together. The very important trendline is currently being broken. At this point 1.36000 is a stark reality.
FOMC in 5 hrs and some.
Trade safe folks.
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Trade to trade another day
  • #625,049
  • Sep 22, 2021 7:56am Sep 22, 2021 7:56am
Quoting jezzode
keeps ticking up.... as price moves down ok ok, last time I promise {image} {image}
which clearly indicate... the price is gonna go down about 1.36000 before it goes up, clearing all the stops below that level
  • #625,050
  • Sep 22, 2021 7:57am Sep 22, 2021 7:57am
Quoting vinforex7
{quote} which clearly indicate... the price is gonna go down about 1.36000 before it goes up, clearing all the stops below that level
Bingo sir! (if not lower)
I AM BIASED - MY THOUGHTS ARE AGAINST YOURS
  • #625,051
  • Sep 22, 2021 7:58am Sep 22, 2021 7:58am
H12
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  • #625,052
  • Sep 22, 2021 7:59am Sep 22, 2021 7:59am
gbpusd is under fundamental pressure, my selling target 1.3560
  • #625,053
  • Sep 22, 2021 8:02am Sep 22, 2021 8:02am
Quoting phd893
H12 {image}
Looks like it's raining pretty hard on your chart mate
I AM BIASED - MY THOUGHTS ARE AGAINST YOURS
  • #625,054
  • Sep 22, 2021 8:04am Sep 22, 2021 8:04am
NY have made there low
now they have to make there high and pause

until FOMC dont expect new low
MY OPINION NOT FINANCIAL ADVISE
  • #625,055
  • Sep 22, 2021 8:08am Sep 22, 2021 8:08am
Quoting donfriday
after london open closed below 3650 and retested after 3hrs this mean the bear are still 100% incharge of the movement next level is 13625, 13615 and 13610 for buyers to be making deals they need to push price to those levels there is now a momentum to go lower


i am now waiting for 13615, 13610 and 13599 but that will happen during FOMC

spike is expected
MY OPINION NOT FINANCIAL ADVISE
  • #625,056
  • Sep 22, 2021 8:11am Sep 22, 2021 8:11am
Quoting donfriday
{quote} i am now waiting for 13615, 13610 and 13599 but that will happen during FOMC spike is expected
13615 already tocuhed
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #625,057
  • Sep 22, 2021 8:12am Sep 22, 2021 8:12am
Quoting kris89
{quote} 13615 already tocuhed

my low is 13617
MY OPINION NOT FINANCIAL ADVISE
  • #625,058
  • Sep 22, 2021 8:14am Sep 22, 2021 8:14am
Quoting donfriday
{quote} my low is 13617
Diff broker diff low xD
I expect fomc bring the price broken above
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #625,059
  • Sep 22, 2021 8:14am Sep 22, 2021 8:14am
Quoting donfriday
NY have made there low now they have to make there high and pause until FOMC dont expect new low
I'd be very surprised if we don't get a new low before FOMC - as always im biased though.

Happy Trading!
I AM BIASED - MY THOUGHTS ARE AGAINST YOURS
  • #625,060
  • Sep 22, 2021 8:14am Sep 22, 2021 8:14am
Price has moved 240 pips in my favor. 1.32 in months ahead
My telegram: https://t.me/avidforex
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