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Cable Update (GBPUSD)

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  • Post #633,681
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  • Oct 26, 2021 2:44pm Oct 26, 2021 2:44pm
  •  kk300
  • Joined Jan 2015 | Status: Member | 1,030 Posts
i think its ready to attack 3900... 3830 not touched today.. might give a quick little sell off before continue up... buy running from 3762.. 13 pip sl... target 3830 and 3900....
 
3
  • Post #633,682
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  • Oct 26, 2021 2:48pm Oct 26, 2021 2:48pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 19,317 Posts
come on mf
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  • Post #633,683
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  • Oct 26, 2021 2:48pm Oct 26, 2021 2:48pm
  •  Dethorn
  • | Joined Mar 2018 | Status: Member | 149 Posts
If GU daily closes pinbar, prepare for another bull rally tomorrow
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  • Post #633,684
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  • Oct 26, 2021 3:02pm Oct 26, 2021 3:02pm
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 2,703 Posts
Quoting kk300
Disliked
i think its ready to attack 3900... 3830 not touched today.. might give a quick little sell off before continue up... buy running from 3762.. 13 pip sl... target 3830 and 3900....
Ignored
Careful mate, bearish momentum is gradually building and may crash when traders least expect it as far as price keeps staying below 1.3830.

Today's candle looks like a typical reversal candle to summon full blown bears.
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Swing and Intraday
 
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  • Post #633,685
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  • Oct 26, 2021 3:04pm Oct 26, 2021 3:04pm
  •  boodvah
  • | Joined Jan 2021 | Status: the king | 232 Posts
waiting on a nice bearish candle
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yes... i just did that
1
 
  • Post #633,686
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  • Oct 26, 2021 3:35pm Oct 26, 2021 3:35pm
  •  Robinhood1
  • Joined Dec 2011 | Status: Member | 8,226 Posts
long to 13846. A possibility to still bottom at 13753.
Free my MT4 acc. corporation
 
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  • Post #633,687
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  • Oct 26, 2021 4:06pm Oct 26, 2021 4:06pm
  •  Abrahamlinc
  • | Joined Aug 2019 | Status: Member | 74 Posts
Quoting donfriday
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{quote} my dad speaks Yoruba too and i do also very fluently .. Buhari is stingy he wont give u his cows easily they are is babies
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Oluwa cover Sir... Cheers
Believe in your set ups.
 
 
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  • Oct 26, 2021 4:15pm Oct 26, 2021 4:15pm
  •  donfriday
  • Joined Jan 2009 | Status: WHO AM I €&$ ? | 7,017 Posts
Quoting Georginson
Disliked
{quote} Careful mate, bearish momentum is gradually building and may crash when traders least expect it as far as price keeps staying below 1.3830. Today's candle looks like a typical reversal candle to summon full blown bears. {image}
Ignored

when they form at HH or LL is more effective
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I NEVER LOSE/=I EITHER WIN OR LEARN
 
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  • Post #633,689
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  • Oct 26, 2021 4:54pm Oct 26, 2021 4:54pm
  •  BigNumbers
  • Joined Jul 2021 | Status: AGAINST ALL ODDS | 1,019 Posts
price may go back to the bottom!
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If it was easy... Everyone would do it!
 
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  • Post #633,690
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  • Oct 26, 2021 6:37pm Oct 26, 2021 6:37pm
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 7,327 Posts
Inserted Video
not euphoria follower
1
 
  • Post #633,691
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  • Oct 26, 2021 7:44pm Oct 26, 2021 7:44pm
  •  Robinhood1
  • Joined Dec 2011 | Status: Member | 8,226 Posts
Quoting Robinhood1
Disliked
long to 13846. A possibility to still bottom at 13753.
Ignored
bottom 13751
Free my MT4 acc. corporation
 
1
  • Post #633,692
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  • Oct 26, 2021 8:37pm Oct 26, 2021 8:37pm
  •  kk300
  • Joined Jan 2015 | Status: Member | 1,030 Posts
Quoting Georginson
Disliked
{quote} Careful mate, bearish momentum is gradually building and may crash when traders least expect it as far as price keeps staying below 1.3830. Today's candle looks like a typical reversal candle to summon full blown bears. {image}
Ignored
Thanks for the reminder... one thing i would like to ask you that if you use a standard deviation on the price you calculate... for instance 50-60 pips deviation.
 
 
  • Post #633,693
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  • Oct 26, 2021 8:41pm Oct 26, 2021 8:41pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 19,317 Posts
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  • Post #633,694
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  • Oct 26, 2021 9:18pm Oct 26, 2021 9:18pm
  •  kris89
  • Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts
1.3780 - 1.3790 area
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
 
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  • Post #633,695
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  • Oct 26, 2021 9:52pm Oct 26, 2021 9:52pm
  •  palpite
  • Joined Sep 2015 | Status: Under Pressure | 2,968 Posts
Quoting palpite
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I think the bulls fail the up movement. I want sell tomorrow. {image}
Ignored
sell - 1.3768
Together we can be strongest
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  • Post #633,696
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  • Oct 26, 2021 9:55pm Oct 26, 2021 9:55pm
  •  erap
  • Joined May 2009 | Status: Member | 138 Posts
Morning Early bird gets the worm
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  • Post #633,697
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  • Oct 26, 2021 9:58pm Oct 26, 2021 9:58pm
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 7,327 Posts
possible truncated wave 5 at the end of Leg A of ABC ? start of B leg ?

meanwhile baby shark dudududu on EG ehhh #upssssss
#MindTrading
not euphoria follower
1
 
  • Post #633,698
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  • Oct 26, 2021 9:59pm Oct 26, 2021 9:59pm
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 2,703 Posts
Quoting kk300
Disliked
{quote} Thanks for the reminder... one thing i would like to ask you that if you use a standard deviation on the price you calculate... for instance 50-60 pips deviation.
Ignored
I don't fully understand this question but let me make a simple possible scenario below:

✓ Failure to break 1.3830 means 1.3700 is imminent considering minimum weekly range being 130 pips;
✓ in a case of 200 pips range for the week, 1.3630 will be attained this week if 1.3830 still remains unbroken.

Take Note of this week's candle has little or no lower shadow, 80% of times this happens, price still goes below the weekly open by 20 pips or more.

Also noteworthy that month ends in 3 more trade days, which means possible upper wick on this month candle cannot be ruled out.

Next possible Top is 1.3850 which will very likely provoke a sharp sell off if attained. A break of 1.3730 greatly reduces the chance of 1.3850.

I hope this explains it to an extent.
Swing and Intraday
1
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  • Post #633,699
  • Quote
  • Oct 26, 2021 10:05pm Oct 26, 2021 10:05pm
  •  kris89
  • Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts
Quoting palpite
Disliked
{quote} sell - 1.3768
Ignored
Me also entry exactly on your marked sell
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
 
2
  • Post #633,700
  • Quote
  • Oct 26, 2021 10:11pm Oct 26, 2021 10:11pm
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 7,327 Posts
Quoting iqyu5an
Disliked
possible truncated wave 5 at the end of Leg A of ABC ? start of B leg ? meanwhile baby shark dudududu on EG ehhh #upssssss #MindTrading
Ignored
Dreaming for 175 - 200 pips drop ( on 4 digit )

#TimeToSleep
not euphoria follower
 
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