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Cable Update (GBPUSD)

  • #625,221
  • Sep 22, 2021 2:49pm Sep 22, 2021 2:49pm
Quoting Pat Chiko
{quote} GU Lately, i decided to scalp using Daily TF. Previously I use H4, it was not good enough to scalp. The signal is reliable. Here is the reason for my scalp entry Long (earlier) and Short (current). {image}
Nice one
  • #625,222
  • Sep 22, 2021 2:53pm Sep 22, 2021 2:53pm
Quoting Georginson
Thirsty Bears... 1.3583 looks increasingly more likely, do not fight the trend, make friends with it.
Cant agree more
  • #625,223
  • Sep 22, 2021 3:02pm Sep 22, 2021 3:02pm
mid range ,, not a good sign
  • #625,224
  • Sep 22, 2021 3:07pm Sep 22, 2021 3:07pm
Quoting BeeTogether
{quote} lets see if BoE can provide us some fireworks tomorrow. Doubt they will though but a potential rate rise talk could show us 137
Well hints are not to strengthen GBP, rather keep the balance.
Not much clue, pure gamble. Need more research.
  • #625,225
  • Sep 22, 2021 3:11pm Sep 22, 2021 3:11pm
Quoting kk300
{image}
Attached Image (click to enlarge)
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  • #625,226
  • Sep 22, 2021 3:17pm Sep 22, 2021 3:17pm
Does FOMC always have a muted outcome? No major spikes either way today
Insane in the Brain..
  • #625,227
  • Sep 22, 2021 3:20pm Sep 22, 2021 3:20pm
Quoting Wags
{quote} Just out of interest i will keep this full analysis on my charts, grey demand area? It doesn't look right to me but i will leave it {image} EDIT: I knew something was throwing me off course pink could be target area and original demand area could be supply {image} PS: If this goes tits up, i will be posting as another alias

Got there in the end lol

Attached Image (click to enlarge)
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  • #625,228
  • Sep 22, 2021 3:26pm Sep 22, 2021 3:26pm
guys, hope everyone is alive
  • #625,229
  • Sep 22, 2021 3:29pm Sep 22, 2021 3:29pm
Quoting Mr.Burger
{quote} again BE, and I can't wait downstairs, it's too long, -10p risk now for my short {image}
thanks Mr.Gartley to keep me stay on the track

Attached Image (click to enlarge)
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my target before 1.3550 hopefully tomorrow can be reached

Attached Image (click to enlarge)
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--- Have a great day everyone
Daddy, Brother, Lover, Little Boy
  • #625,230
  • Sep 22, 2021 3:33pm Sep 22, 2021 3:33pm
Quoting genadi
guys, hope everyone is alive
are you?
MY OPINION NOT FINANCIAL ADVISE
  • #625,231
  • Sep 22, 2021 3:36pm Sep 22, 2021 3:36pm
All this wasted tension, nothing changed. Same maybe tapper, maybe earlier or later..Am I missing something?
Expecting bullish sentiment tomorrow before BoE news, after depends on vote numbers and announcement.
Rates? I think will increase to a minimum next year. But who knows?

If I had to make a decision I would make interest rates negative instead of tappering.
  • #625,232
  • Sep 22, 2021 3:38pm Sep 22, 2021 3:38pm
Hi guys,

I am holding long from 1.3782 levels.
I just want to know if I need to close my position in loss or keep it for tomorrow.

Thanks in advance.
  • #625,233
  • Edited 4:39pm Sep 22, 2021 3:41pm | Edited 4:39pm
Quoting genadi
guys, hope everyone is alive
Yeh, no new trades today.
What about you? Caught the spike and falling knives? Only pros can trade these moves.
  • #625,234
  • Sep 22, 2021 3:44pm Sep 22, 2021 3:44pm
Quoting Jolita
All this wasted tension, nothing changed. Same maybe tapper, maybe earlier or later..Am I missing something? Expecting bullish sentiment tomorrow before BoE news, after depends on vote numbers and announcement. Rates? I think will increase to a minimum next year. But who knows? If I had to make a decision I would make interest rates negative instead of tappering.
my sentiments exactly! Top end target still seems 137. 140 seems like a Lala land away
Insane in the Brain..
  • #625,235
  • Sep 22, 2021 3:45pm Sep 22, 2021 3:45pm
Quoting donfriday
{quote} are you?
Don, you have super net set up.
You are good, lots to learn from traders like yourself.
Following interesting approach of yours...Thanks, J
  • #625,236
  • Sep 22, 2021 3:47pm Sep 22, 2021 3:47pm
Quoting BeeTogether
{quote} my sentiments exactly! Top end target still seems 137. 140 seems like a Lala land away
Yes, GBP needs a rest, way to slow on moves up. I haven't lost my hopes though. Good luck
  • #625,237
  • Sep 22, 2021 4:03pm Sep 22, 2021 4:03pm
Quoting KiwiTrada
{quote} Time to micro-manage moving sl to be+ what I used for sl ist minor barrier 109 57ish will reassess if she can get through then 109 70 little bigger barrier pa now 109 55!!
still ticking along nicely, amazing japan stock market collapsing and gy dropping??? shows how weak stirling is, poor stirling :-)
If you are new to Forex? Say Goodbye to your account!!
  • #625,238
  • Sep 22, 2021 4:07pm Sep 22, 2021 4:07pm
Quoting Jolita
{quote} Yes, GBP needs a rest, way to slow on moves up. I haven't lost my hopes though. Good luck
You too mate. Roll on tomorrows BoE let’s see if there is anything to push it down or pull up
Insane in the Brain..
  • #625,239
  • Sep 22, 2021 4:12pm Sep 22, 2021 4:12pm
Quoting Jolita
{quote} Don, you have super net set up. You are good, lots to learn from traders like yourself. Following interesting approach of yours...Thanks, J

We will Learn from each other..
MY OPINION NOT FINANCIAL ADVISE
  • #625,240
  • Sep 22, 2021 4:37pm Sep 22, 2021 4:37pm
Quoting forkstrader
Hi guys, I am holding long from 1.3782 levels. I just want to know if I need to close my position in loss or keep it for tomorrow. Thanks in advance.
Why did you leave it running and ruining your equity?
First things first.. start using stop loss as a habit in trading if you want something from this market. It will always give you next trade. And for now you should put sl below the the daily low and gain as many pips back as you can in retracal.. if it hits the sl.. than take a hit and move on..
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