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Cable Update (GBPUSD)

  • #636,401
  • Nov 5, 2021 7:54am Nov 5, 2021 7:54am
DXY is already highest for 2021 so $ should be strongest at this time. Traders possibly have too many short entries right now so we're in constraint.
Try the simple and make it for you ~
  • #636,402
  • Nov 5, 2021 7:54am Nov 5, 2021 7:54am
Looking for a daily close above 1.34700. A daily bullish close would be a plus, to confirm today as the monthly low.
  • #636,403
  • Nov 5, 2021 7:55am Nov 5, 2021 7:55am
Not a huge initial NFP reaction, but the number is very good. Strong dollar… Selling GU continues IMO. 1.3330 next stop, soon?
Attached Image (click to enlarge)
Click to Enlarge Name: GU 13330.jpg Size: 225 KB
Did you place your stop loss order? Why not?!? Story of my life...
  • #636,404
  • Nov 5, 2021 7:56am Nov 5, 2021 7:56am
slow...
Trade with prediction = witch with her visions lol
  • #636,405
  • Nov 5, 2021 7:56am Nov 5, 2021 7:56am
  •  turnfx
  • | Joined Dec 2014 | Status: Only money management is the key of | 334 Posts | Online Now
Market showing full bullish pattern but me still looking for sell
  • #636,406
  • Nov 5, 2021 7:57am Nov 5, 2021 7:57am
sold we are not able to capitalize on the usd weakness
  • #636,407
  • Nov 5, 2021 7:59am Nov 5, 2021 7:59am
  •  turnfx
  • | Joined Dec 2014 | Status: Only money management is the key of | 334 Posts | Online Now
Quoting turnfx
Market showing full bullish pattern but me still looking for sell
Sell 3446
  • #636,408
  • Nov 5, 2021 8:03am Nov 5, 2021 8:03am
Quoting giveachance
sold we are not able to capitalize on the usd weakness
tight sl:1.3475..
  • #636,409
  • Nov 5, 2021 8:03am Nov 5, 2021 8:03am
  •  turnfx
  • | Joined Dec 2014 | Status: Only money management is the key of | 334 Posts | Online Now
Quoting turnfx
{quote} Sell 3446
3460 sell again
  • #636,410
  • Nov 5, 2021 8:06am Nov 5, 2021 8:06am
bought from 1.34419 s/l 1.34236 TP target 1.3500
  • #636,411
  • Nov 5, 2021 8:06am Nov 5, 2021 8:06am
Quoting post
some profit taking expected before us news... plus Friday ..profit taking could take place later in the day...bears would love to book some of their profit for the weekend ..will see
Profit taking going on


Happy Trading
Trades technical moves enforced by fundamentals
  • #636,412
  • Nov 5, 2021 8:10am Nov 5, 2021 8:10am
Quoting Ansab001
bought from 1.34419 s/l 1.34236 TP target 1.3500
extend ur target price to 3531.. that is also possibe
  • #636,413
  • Nov 5, 2021 8:11am Nov 5, 2021 8:11am
Quoting Jolita
{quote} Adjusted my tp from 1.3530 to 1.3570. This was also IG markets tp on buy signal this morning.
easy to see this level.. the RBS from October, also 1h showing hidden gap/supply. May pass it as well, but we are small fish.

as long as this OB will hold, the wanted retrace will come.
Maybe 1.357 will be massive shorts orders and GU will keep rising as it know.
  • #636,414
  • Nov 5, 2021 8:13am Nov 5, 2021 8:13am
If you in sell where your SL would be?
  • #636,415
  • Nov 5, 2021 8:13am Nov 5, 2021 8:13am
Quoting Pat Chiko
{quote} GU TRADE MANAGEMENT. Cash out some before the news Add some after the news {image}
GU

TRADE MANAGEMENT

Cash out some

Add more scalping position

Attached Image (click to enlarge)
Click to Enlarge Name: gu 177.jpg Size: 100 KB
I come from the future.
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  • #636,416
  • Nov 5, 2021 8:16am Nov 5, 2021 8:16am
well this is a surprise the mofo seems to be rising
  • #636,417
  • Nov 5, 2021 8:18am Nov 5, 2021 8:18am
watch here 3473 ish
  • #636,418
  • Nov 5, 2021 8:19am Nov 5, 2021 8:19am
  •  turnfx
  • | Joined Dec 2014 | Status: Only money management is the key of | 334 Posts | Online Now
3471 sell again
  • #636,419
  • Nov 5, 2021 8:19am Nov 5, 2021 8:19am
Quoting Pat Chiko
{quote} GU TRADE MANAGEMENT Cash out some Add more scalping position {image}
master definitions, what is the name
of the PA pattern that after rally base rally the price reverse and break the base area with v rally?
  • #636,420
  • Nov 5, 2021 8:19am Nov 5, 2021 8:19am
Quoting Jolita
{quote} Adjusted my tp from 1.3530 to 1.3570. This was also IG markets tp on buy signal this morning.
I am very sure IG knew 3470 and 3450 were going to be taken out. Many small fish would have put their stops there. Now after they are out it can rise some. Lol
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