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Cable Update (GBPUSD)

  • #627,941
  • Oct 4, 2021 11:02am Oct 4, 2021 11:02am
Quoting thevisitor
{quote} Yes, KnifeS2. 1.3750 after drop to 1.35, maybe lower 1.3460 MAYBE...
exactly same numbers.
  • #627,942
  • Oct 4, 2021 11:21am Oct 4, 2021 11:21am
break above 3650 then i am bullish
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MY OPINION NOT FINANCIAL ADVISE
  • #627,943
  • Oct 4, 2021 11:26am Oct 4, 2021 11:26am
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yes yes yes
  • #627,944
  • Oct 4, 2021 11:33am Oct 4, 2021 11:33am
Quoting Moty
{image}{image}
add aeroplane
MY OPINION NOT FINANCIAL ADVISE
  • #627,945
  • Oct 4, 2021 11:33am Oct 4, 2021 11:33am
First number for me is around 1.3530
Daily ABC
C=1.3750
  • #627,946
  • Oct 4, 2021 11:38am Oct 4, 2021 11:38am
... the bulls have managed to push price beyond the 61.8% of the last major swing on the dly, 3751-3411, and the 50% of the last more major swing, before that, being 3912-3411 is @ 3663, it's 61.8% being @ 3721. (Wkly R1 @/around 3712.) A break and clear, particularly over the 61.8% of that 3912-3411 may well put any more near-term downside below 3411 in some doubt?
Trader with an Edge.
  • #627,947
  • Oct 4, 2021 11:45am Oct 4, 2021 11:45am
Tired.

Calling it a day.
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Intraday only.
  • #627,948
  • Oct 4, 2021 11:48am Oct 4, 2021 11:48am
#FB and his brother and sister
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not euphoria follower
  • #627,949
  • Oct 4, 2021 11:55am Oct 4, 2021 11:55am
Quoting mysterio
Hmm, was waiting to catch that reversal but didn't quite make it. Passed by my supply area seemingly attracted to the upper TL which held as resistance. I'd consider short if theres a substantial retrace.
I'll look for a short if we fill the imbalance at 1.3622-23
  • #627,950
  • Oct 4, 2021 12:18pm Oct 4, 2021 12:18pm
Quoting Mar61
{quote} yea man wanna take a buy but this 1.3604-1.3610 level had multiple reversals before just gonna sit this one out.
if we close around here tomorrow probably will be an up day with practically no drawdown
  • #627,951
  • Oct 4, 2021 12:18pm Oct 4, 2021 12:18pm
SOLD 1.3615 no tp no sl 3rd time lucky lucky lucky
  • #627,952
  • Oct 4, 2021 12:20pm Oct 4, 2021 12:20pm
Quoting Moty
{image}{image}

welcome back man..thx god u put the hammer away
  • #627,953
  • Oct 4, 2021 12:21pm Oct 4, 2021 12:21pm
i think the sum bitch is going to 1.37
  • #627,954
  • Oct 4, 2021 12:26pm Oct 4, 2021 12:26pm
People need to look at 4 hr candle with wick.
I expect a pullback.
Intraday only.
  • #627,955
  • Oct 4, 2021 12:26pm Oct 4, 2021 12:26pm
Quoting nAVIN2007
{quote} welcome back man..thx god u put the hammer away
Beat me too it!
Insane in the Brain..
  • #627,956
  • Edited 12:51pm Oct 4, 2021 12:34pm | Edited 12:51pm
Quoting navk
People need to look at 4 hr candle with wick. I expect a pullback.

I think u need to see the direction of the movement and also the fact that the open was higher than the close (4hr)
also add a trendline..THEN also look at the position of the close relative to the level 1.36

sure it can go down but it can also range..I think this favours range then higher!!

Just a thought
  • #627,957
  • Oct 4, 2021 12:46pm Oct 4, 2021 12:46pm
Quoting nAVIN2007
{quote} I think u need to see the direction of the movement and also the fact that the open was higher than the open (4hr) also add a trendline..THEN also look at the position of the close relative to the level 1.36 sure it can go down but it can also range..I think this favours range then higher!! Just a thought
Ok. I will do long and short.
Anyways.... this is what I do everyday.
Look for 30 to 40 clear pips..

Then time pass scalps.
Intraday only.
  • #627,958
  • Oct 4, 2021 12:52pm Oct 4, 2021 12:52pm
Quoting navk
{quote} Ok. I will do long and short. Anyways.... this is what I do everyday. Look for 30 to 40 clear pips.. Then time pass scalps.

u know what your doing..I'm just saying to me it looks like a trap

  • #627,959
  • Oct 4, 2021 12:53pm Oct 4, 2021 12:53pm
Quoting nAVIN2007
{quote} I think u need to see the direction of the movement and also the fact that the open was higher than the open (4hr) also add a trendline..THEN also look at the position of the close relative to the level 1.36 sure it can go down but it can also range..I think this favours range then higher!! Just a thought
i think is tricky now.. beside the fact you said

wick on h4 plus i see bearish divergence on H4..
still on larger TF bear still in the house..
Trade what you see, not what you think.. react and stay sharp..
  • #627,960
  • Oct 4, 2021 12:57pm Oct 4, 2021 12:57pm
I have the same level as george..1.3680

below this level ...long term is bearish
Above is bullish


George is a damn good trader
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