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Cable Update (GBPUSD)

  • #628,581
  • Oct 6, 2021 9:24pm Oct 6, 2021 9:24pm
Dollar Index
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  • #628,582
  • Oct 6, 2021 9:42pm Oct 6, 2021 9:42pm
Quoting DailyChart
Trying Long Stop @1.3550 {image}
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anticipate the similar pattern
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #628,583
  • Edited 10:52pm Oct 6, 2021 10:17pm | Edited 10:52pm
Quoting Bryan5229
{quote} I'm watching 1.3595 area for possible move down.
Looks like price finally came to my predicted level which is 1.3595 and declined strongly, I would have taken this trade but I don't really trade GBPUSD, but it seems there's also pending breakout @1.35785 to the short side on 15-min, I would take this trade after the breakout and kiss to target 1.35527.
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Plan your trades and trade your plan.
  • #628,584
  • Oct 6, 2021 10:19pm Oct 6, 2021 10:19pm
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Using Chaos to Finding Order
  • #628,585
  • Oct 6, 2021 10:33pm Oct 6, 2021 10:33pm
NFP tommorow will play the roles
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #628,586
  • Oct 6, 2021 10:40pm Oct 6, 2021 10:40pm
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I was late Sold @ 1.35823
  • #628,587
  • Oct 6, 2021 11:08pm Oct 6, 2021 11:08pm
long only above 1.35890
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yes yes yes
  • #628,588
  • Oct 6, 2021 11:12pm Oct 6, 2021 11:12pm
wait the H4 candle close and FO dan LO , will see a good mover later
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #628,589
  • Oct 6, 2021 11:18pm Oct 6, 2021 11:18pm
Quoting Moty
long only above 1.35890 {image} {image}
you need to measure the impulse wave with fib projection.
guessing is not the way.
draw FE on your wave 1+2 you will get that your 5 is right on FE 200 (wave 3 usually 1.618-2.618)

So not we could be running possible 4 price stop few pips below 50% retracement of wave 3 (often 38.2-50)

as long as price above top of your 1 bulls in favor, as long price above 1.354 bulls in favor to break this week high.

Below 1.354 i will try to short it with all i can.
Good day bro.
  • #628,590
  • Oct 6, 2021 11:21pm Oct 6, 2021 11:21pm
last swing made @1.35900 , so i dont expect price climb more than these level or should make more lower 1.35850 to tend the bearish short term move
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #628,591
  • Oct 6, 2021 11:27pm Oct 6, 2021 11:27pm
Quoting Moty
long only above 1.35890 {image} {image}
broken minor uptrend to retest prev support
not euphoria follower
  • #628,592
  • Edited 11:40pm Oct 6, 2021 11:29pm | Edited 11:40pm
Quoting kris89
last swing made @1.35900 , so i dont expect price climb more than these level or should make more lower 1.35850 to tend the bearish short term move
good morning kris,
1h show me what you thinking

watch 4h, than 1h.. i think they are building a new cycle up on h1, this cycle will be the 5th wave of 4.

im basing elliot and the-bullish hidden divergence that running from wave 4th to possible c of 1h.

just a thought

not on my laptop, so this is the best i can show
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  • #628,593
  • Oct 6, 2021 11:41pm Oct 6, 2021 11:41pm
Quoting gatenio
{quote} good morning kris, 1h show me what you thinking watch 4h, than 1h.. i think they are building a new cycle up on h1, this cycle will be the 5th wave of 4. im basing elliot and the-bullish hidden divergence that running from wave 4th to possible c of 1h. just a thought
if these H1 candle close Bear , it will completed my thought xD , but if close bullish with no head , ill considering of put off my sell in early morning


edited : in your chart , i using that wave only for BO to count the max profit i can get , i never used it at the noise candle , it will ruin our picture


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nearest wave 1.35000 (3) then 1.35400 (4) then 1.34600 (5) - the area that ill rethink about the bull or bear
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #628,594
  • Oct 6, 2021 11:48pm Oct 6, 2021 11:48pm
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yes yes yes
  • #628,595
  • Oct 6, 2021 11:52pm Oct 6, 2021 11:52pm
Quoting kris89
{quote} if these H1 candle close Bear , it will completed my thought xD , but if close bullish with no head , ill considering of put off my sell in early morning edited : in your chart , i using that wave only for BO to count the max profit i can get , i never used it at the noise candle , it will ruin our picture {image} nearest wave 1.35000 (3) then 1.35400 (4) then 1.34600 (5) - the area that ill rethink about the bull or bear
your numbers were mine until yesterday. I was sure we will break 1.354 yesterday.. but nope.

let see, only a view.
i stick to my pending long right now.
  • #628,596
  • Oct 6, 2021 11:54pm Oct 6, 2021 11:54pm
Quoting gatenio
{quote} your numbers were mine until yesterday. I was sure we will break 1.354 yesterday.. but nope. let see, only a view. i stick to my pending long right now.
not always we plan come as we want , because the waving pattern kinda unique , sometimes its just can spike and left us the SL hitted and going opposite , its the way of price
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #628,597
  • Oct 7, 2021 12:12am Oct 7, 2021 12:12am
Looking to short pound today.
The price has broken below a rising channel right after a rejection at the falling trendline.
Wait for a pullback towards 1.3605 or higher to sell.
SL within 30 pips and TP within 60 pips.
Good luck traders!
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Aim for what's achievable and don't be a dreamer.
  • #628,598
  • Oct 7, 2021 12:14am Oct 7, 2021 12:14am
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yes yes yes
  • #628,599
  • Oct 7, 2021 12:23am Oct 7, 2021 12:23am
I have longed gold
  • #628,600
  • Oct 7, 2021 1:19am Oct 7, 2021 1:19am
[quote=Pat Chiko;13735846]
Quoting Pat Chiko
{quote} GU with strong base. Price may test last week high Take the trade
GU

Couldnt break the high with H4 forming Harami.
Aplroaching LO may see price taking my SL with it.
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Long and winding road for GU.
Trade safe guys and make a lot of green pips

PAT
I come from the future.
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