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Cable Update (GBPUSD)

  • #627,181
  • Sep 30, 2021 6:08am Sep 30, 2021 6:08am
Quoting NotAtrader
{quote} 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.
Nice analysis friend. I am just speculating with the current price action. Let watch and observe
  • #627,182
  • Sep 30, 2021 6:12am Sep 30, 2021 6:12am
1.34450 sell down again
  • #627,183
  • Sep 30, 2021 6:12am Sep 30, 2021 6:12am
Next stop is 1.3490 before a small pull back
  • #627,184
  • Sep 30, 2021 6:15am Sep 30, 2021 6:15am
Quoting Maximumheigh
{quote} 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.
Hi Maximumheigh,

A chart makes it much easier to see and adds weight to what you are saying

Just a thought....
Attached Image (click to enlarge)
Click to Enlarge Name: 30th Sept 21 GBP_USD_D1 Observations20210930_12.07.png Size: 91 KB
  • #627,185
  • Sep 30, 2021 6:15am Sep 30, 2021 6:15am
Quoting Maximumheigh
{quote} Nice analysis friend. I am just speculating with the current price action. Let watch and observe
Of course mate. Everyone is entitled to share a view. As for the support you mention, I would say this is rather a consolidation zone after such a brutal fall during the recent days. Naturally there will be a breakout. It can go anywhere from here, but the momentum is still very bearish.

I can be wrong.
Happy trading.
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #627,186
  • Sep 30, 2021 6:16am Sep 30, 2021 6:16am
Quoting KiwiTrada
{quote} 7200 is psych level and proving so, it will break??
ah 4hr gu, silver, gold, even copper trying to dump, au nu still trying, dixy swissy pumping, ucad uj still trying , and still the gu buyers queue up to go long, must have huge account and very deep pockets, or just love losing such bs time for bed
If you are new to Forex? Say Goodbye to your account!!
  • #627,187
  • Sep 30, 2021 6:18am Sep 30, 2021 6:18am
based on levels, in NY, only if 3415/10 breaks, i will short.

Good money made in asia and some scalps in London.

Better to keep quiet.

Intraday only.
  • #627,188
  • Sep 30, 2021 6:19am Sep 30, 2021 6:19am
Quoting KiwiTrada
{quote} ah 4hr gu, silver, gold, even copper trying to dump, au nu still trying, dixy swissy pumping, ucad uj still trying , and still the gu buyers queue up to go long, must have huge account and very deep pockets, or just love losing such bs time for bed
Haha im long from 1.3423 and enjoying green pips mate
  • #627,189
  • Sep 30, 2021 6:22am Sep 30, 2021 6:22am
Quoting Ihlas
{quote} 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
yeah it look like a nice kiss..
although 1.3435 and 1.3415 MS3 very strong.
it all about waiting time.

im off the screen till LC..
  • #627,190
  • Sep 30, 2021 6:22am Sep 30, 2021 6:22am
for now i see GU still wanna down..
so i go with bears until 1.338 maybe.. then i considered long..

but can change anytime according to the PA..
Trade what you see, not what you think.. react and stay sharp..
  • #627,191
  • Sep 30, 2021 6:23am Sep 30, 2021 6:23am
EU 1.15312
  • #627,192
  • Sep 30, 2021 6:27am Sep 30, 2021 6:27am
there are a lot of us reports and speakers, if they will not put down the GU ...?
  • #627,193
  • Sep 30, 2021 6:29am Sep 30, 2021 6:29am
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. 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...
Example of what I mean using volumes
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.jpg Size: 647 KB
  • #627,194
  • Sep 30, 2021 6:31am Sep 30, 2021 6:31am
Quoting fxmasterdxb
{quote} Haha im long from 1.3423 and enjoying green pips mate
nice, but how long? happy trading !
  • #627,195
  • Sep 30, 2021 6:31am Sep 30, 2021 6:31am
Jan low 13450

i expect monthly to close below this number


there should be enough buyers in 2nd week of October..

buying now should be a scalp because the down is not over October candle should test 20sma before we see 200-250 pips up

JUST MY VIEW
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD_20210930_11.30.png Size: 61 KB
MY OPINION NOT FINANCIAL ADVISE
  • #627,196
  • Sep 30, 2021 6:38am Sep 30, 2021 6:38am
Quoting stevepatt
{quote} Hi Maximumheigh, A chart makes it much easier to see and adds weight to what you are saying Just a thought.... {image}
A Pro Chart Steve. Cheers
  • #627,197
  • Sep 30, 2021 6:38am Sep 30, 2021 6:38am
Quoting maxi444
{quote} nice, but how long? happy trading !
1.3525 by today or max tomorrow, 1.3595 by next week
  • #627,198
  • Sep 30, 2021 6:39am Sep 30, 2021 6:39am
Due to testify, along with US Treasury Secretary Janet Yellen, about the Coronavirus and CARES Act. They must print more banknotes, but they are very talented for this, don t hope too much...
  • #627,199
  • Sep 30, 2021 6:45am Sep 30, 2021 6:45am
Quoting donfriday
Jan low 13450 i expect monthly to close below this number there should be enough buyers in 2nd week of October.. buying now should be a scalp because the down is not over October candle should test 20sma before we see 200-250 pips up JUST MY VIEW {image}
thx for the view..
on bigger TF (1d,1w,1month) i see this down move not over yet..

and intraday can very tricky especially small TF below 4H..
scalp buy is very tempting right now, with good money management it can work..
but as we know sometimes we defeated by ours greedy and FOMO thing it always happen to me..

once again thx for the view and analysis in the past day i read all your post and it very help me and im sure it help ppl in here too..

cheers..
Trade what you see, not what you think.. react and stay sharp..
  • #627,200
  • Sep 30, 2021 6:47am Sep 30, 2021 6:47am
Quoting stevepatt
{quote} GBP/USD Short Trade {image}

GBP/USD 2nd Short Trade Added
Attached Image (click to enlarge)
Click to Enlarge Name: 30th Sept 21 GBP_USD 2nd Short Trade_20210930_12.42.png Size: 127 KB
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