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Cable Update (GBPUSD)

  • #669,781
  • Jul 15, 2022 2:12am Jul 15, 2022 2:12am
These hourly long wicks day after day are, in my view, plucking potential out of the lows.

Hoping they cease today.

Still struggling in Tuesdays lows...

Scalping both ways, BUT not for more than 10
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #669,782
  • Jul 15, 2022 2:17am Jul 15, 2022 2:17am
Quoting PatienceFx
{quote} macd wave unless completed, does not qualify for divergence use this indicator to find divergences https://www.mql5.com/en/code/13172
Thanks, P.! But I will stay with MACD. And we might see after a few months.
Wish you luck!
  • #669,783
  • Jul 15, 2022 2:19am Jul 15, 2022 2:19am
Eurusd short sellers are currently being trapped
  • #669,784
  • Jul 15, 2022 2:20am Jul 15, 2022 2:20am
back to yesterday's low if we stay below lines
Attached Image (click to enlarge)
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Trendlines H1,H4, SMC
  • #669,785
  • Jul 15, 2022 2:21am Jul 15, 2022 2:21am
Patiencefx time for a muscle relaxant
  • #669,786
  • Jul 15, 2022 2:25am Jul 15, 2022 2:25am
The most important news..
Attached Image (click to enlarge)
Click to Enlarge Name: GDP.png Size: 27 KB
  • #669,787
  • Jul 15, 2022 2:27am Jul 15, 2022 2:27am
Quoting bigiivan
{quote} Thanks, P.! But I will stay with MACD. And we might see after a few months. Wish you luck!
I have learned to be wary of Bigiivan's divergences . Are you waiting for the cross and/or other factors before testing the waters?
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #669,788
  • Jul 15, 2022 2:31am Jul 15, 2022 2:31am
Quoting bigiivan
{quote} Thanks, P.! But I will stay with MACD. And we might see after a few months. Wish you fuck!
?
do not follow me 99.9999999% of times, rest you can lol
  • #669,789
  • Jul 15, 2022 2:31am Jul 15, 2022 2:31am
I'm long today, hopefully not too early
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2022-07-15 083038.png Size: 27 KB
  • #669,790
  • Jul 15, 2022 2:32am Jul 15, 2022 2:32am
Quoting Houtbay
Today gold should break 1700 level again in my opinion
Pay very close attention to 1680. If this Support doesn't hold, Gold will be on it's way to 1500.
  • #669,791
  • Jul 15, 2022 2:38am Jul 15, 2022 2:38am
Quoting Tronis
I'm long today, hopefully not too early {image}
Not early, but a bit late maybe , from my view this up just temporary, im still on buy. But i always lose
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #669,792
  • Jul 15, 2022 2:39am Jul 15, 2022 2:39am
1.191 should be in sight today for long positions.
We cut the winners short and let the losers run.
  • #669,793
  • Jul 15, 2022 2:41am Jul 15, 2022 2:41am
Quoting PatienceFx
{quote} ?
I mean that I will continue to use MCD divergence. But thanks for sharing your indicator!
  • #669,794
  • Jul 15, 2022 2:42am Jul 15, 2022 2:42am
Quoting mtako
{quote} I have learned to be wary of Bigiivan's divergences . Are you waiting for the cross and/or other factors before testing the waters?
I don't know about any cross. Just start to buy and will add more buys if it made new lows.
  • #669,795
  • Jul 15, 2022 2:43am Jul 15, 2022 2:43am
Quoting Tronis
I'm long today, hopefully not too early {image}
Good to hear that
People don't plan to lose. They lose because they don't plan.
  • #669,796
  • Jul 15, 2022 2:45am Jul 15, 2022 2:45am
Quoting bigiivan
{quote} I don't know about any cross. Just start to buy and will add more buys if it made new lows.
As simple and sweet as it gets, thanks for sharing mate !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #669,797
  • Jul 15, 2022 2:47am Jul 15, 2022 2:47am
Might get a shot at going short a bit further up in we make a new high today...
Standing by....

Interesting that if this is a new range, then it's heavily compressed inside the previous one. That suggests that the market could be running out of steam for shorting.
Also could mean a lot of other things, but time will tell - as always
  • #669,798
  • Jul 15, 2022 2:51am Jul 15, 2022 2:51am
Quoting bigiivan
{quote} I don't know about any cross. Just start to buy and will add more buys if it made new lows.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 27 KB
do not follow me 99.9999999% of times, rest you can lol
  • #669,799
  • Jul 15, 2022 2:54am Jul 15, 2022 2:54am
Quoting bigiivan
{quote} I don't know about any cross. Just start to buy and will add more buys if it made new lows.
but on daily chart the macd wave has not completed yet, so nothing here
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 27 KB
do not follow me 99.9999999% of times, rest you can lol
  • #669,800
  • Jul 15, 2022 2:55am Jul 15, 2022 2:55am
Quoting duongng2807
{quote} would it be ...{image}
Retails Sales would do the job!
More time in the market, does not mean you trade better!
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