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Cable Update (GBPUSD)

  • #627,161
  • Sep 30, 2021 5:26am Sep 30, 2021 5:26am
Looking to short below 1.3430
  • #627,162
  • Sep 30, 2021 5:30am Sep 30, 2021 5:30am
Quoting mysterio
There is an m30 supply right here bulls need to contend with first up {image}
As good as always mark up trade
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #627,163
  • Sep 30, 2021 5:31am Sep 30, 2021 5:31am
this was, because the DOW, maybe later more?
  • #627,164
  • Sep 30, 2021 5:35am Sep 30, 2021 5:35am
Quoting kris89
{quote} As good as always mark up trade
Hey yeah I'm actually hindsighting, But I do see a very good short and long opportunity tight SL around Frankfurt/LO. Just keeping it chill this week. It can be valuable to review opportunities in the past even if you don't take them. Here we see the usual quick runs on liquidity whilst the market decides where to go next.

In particular the market running some short term lows at Frankfurt before running into demand at 8am and quickly rallying to supply, entry can be BOS and retrace into a small imbalance pool

Actually its a nice feeling to be able to look at an m5 chart and actually make sense of what looks like random movement but are actually fine trading opportunities

If you know how to position tight 3 pip SLs during these moves then you can make a mint in a small space of time
  • #627,165
  • Sep 30, 2021 5:37am Sep 30, 2021 5:37am
Quoting mysterio
{quote} Hey yeah I'm actually hindsighting, But I do see a very good short and long opportunity tight SL around Frankfurt/LO. Just keeping it chill this week. It can be valuable to review opportunities in the past even if you don't take them. Here we see the usual quick runs on liquidity whilst the market decides where to go next.
I buy on the lower again. These price ranging can be taken easier. With the SOS above lately. These buy should be valid
As price keep above the last swing low
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #627,166
  • Sep 30, 2021 5:45am Sep 30, 2021 5:45am
I have shorted Gbpusd
  • #627,167
  • Sep 30, 2021 5:45am Sep 30, 2021 5:45am
I am expecting a push up to 1.350x area.
  • #627,168
  • Sep 30, 2021 5:50am Sep 30, 2021 5:50am
Fact is sterling has some bad situation so it can't push high
USD is getting stronger especially from crypto.
Look at the crypto market. Fiat $ is getting stronger and crypto market loses their capital. I hope my guess is correct and soon we'll see the pullback.

So the final result is bear pushing hard.
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Try the simple and make it for you ~
  • #627,169
  • Sep 30, 2021 5:52am Sep 30, 2021 5:52am
Quoting Maximumheigh
I am expecting a push up to 1.350x area.

Why?

I'd love to know!!
  • #627,170
  • Sep 30, 2021 5:54am Sep 30, 2021 5:54am
Quoting Maximumheigh
I am expecting a push up to 1.350x area.
The hourly candle failed to close above range. Price should get the below 1.3400 maybe?
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #627,171
  • Sep 30, 2021 5:55am Sep 30, 2021 5:55am
T.p 1.34 and then going long
  • #627,172
  • Sep 30, 2021 5:57am Sep 30, 2021 5:57am
Quoting gatenio
{quote} Numbers..
Towards 138?
(YH 1.42 + YL 1.34) / 2 = 1.38
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  • #627,173
  • Sep 30, 2021 5:58am Sep 30, 2021 5:58am
Quoting Houtbay
T.p 1.34 and then going long
Same in my mind also. But ill look the PA later
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #627,174
  • Sep 30, 2021 5:58am Sep 30, 2021 5:58am
Quoting Maximumheigh
I am expecting a push up to 1.350x area.
There is no fundamental, nor there is a technical reason for such bullish move. But all I know is that I can be wrong just like anybody else.
Happy trading.
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #627,175
  • Sep 30, 2021 6:02am Sep 30, 2021 6:02am
Quoting gatenio
{quote} Numbers..
1.35 for now.
Will buy last from the low now, cause it's going to test it again. EG is on brink of huge drop. That's I'm positive with GU. I was waiting EG to rise, but not like this
Looks like GU will will test 1.33999999999999999999999999
  • #627,176
  • Sep 30, 2021 6:03am Sep 30, 2021 6:03am
The wicks on the one hour show support. If this level does not hold then short.
  • #627,177
  • Sep 30, 2021 6:04am Sep 30, 2021 6:04am
Quoting stevepatt
{quote} Why? I'd love to know!!
Price has not been able to break a very strong S @ 1.341x. Let see price reaction at this level. I still believe we will get a pullback to 1.350x today/tomorrow.
  • #627,178
  • Sep 30, 2021 6:06am Sep 30, 2021 6:06am
Quoting Houtbay
The wicks on the one hour show support. If this level does not hold then short.
If there is going to be an upmove I think those lows will be hunted first. However we're talking about levels last seen in December I wouldn't want to speculate which one will hold for an upmove

I look at DXY and I just see clear space above
  • #627,179
  • Sep 30, 2021 6:06am Sep 30, 2021 6:06am
Price is the decider. Belief is wishful thinking. Trade only what presents at the present.
  • #627,180
  • Sep 30, 2021 6:07am Sep 30, 2021 6:07am
little support 3432 ?
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