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Cable Update (GBPUSD)

  • #672,441
  • Jul 29, 2022 10:42am Jul 29, 2022 10:42am
Waiting for a long set up. If we see 12130 could be enough f fuel to go up… not sure
Insane in the Brain..
  • #672,442
  • Jul 29, 2022 10:45am Jul 29, 2022 10:45am
Quoting Whale
{quote} I’m using 12345 ABC only, but not according to Elliot waves rules. just the idea behind it Your level is possible, but according to my wave theory price could drop below 1.196 right now because we are is a very high volatility market I’m using only 15m/30m setup for little risk.
Whale, as long as you follow the 3-3-5 or 5-3-5 pattern on your TF of choice you will be more than OK. I'm saying that based on my experience.
Always trade your own plan...I don't provide trading signals.
  • #672,443
  • Jul 29, 2022 10:50am Jul 29, 2022 10:50am
Quoting carbonmimeti
close to target at 15 sma of tf 15 min (on 1 min is sma 225/200)
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  • #672,444
  • Jul 29, 2022 10:54am Jul 29, 2022 10:54am
Going to try a scalp short…. Fingers crossed
Extreme gut feeling trader
  • #672,445
  • Jul 29, 2022 10:55am Jul 29, 2022 10:55am
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MY OPINION NOT FINANCIAL ADVISE
  • #672,446
  • Jul 29, 2022 11:01am Jul 29, 2022 11:01am
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  • #672,447
  • Jul 29, 2022 11:04am Jul 29, 2022 11:04am
Quoting Mitiblotch
Bought 2070
Bank at 2177. +107 pips.

Happy I didn't look at the price. Had some patients and just finished and price flew up. Good trade!
  • #672,448
  • Jul 29, 2022 11:11am Jul 29, 2022 11:11am
Quoting Wavegarrick
{quote} This drop was massive Folks. We have retraced 61.8% of the weekly candle low to high at 1.20683. I have added a buy trade just above. Cheers.
The drop today was spectacular, but the rise has been impressive, magnificent!!! As Georginson put it, month end flows and profit taking. Thanks George for reminding me about this. I get so focused on direction that I forget about time
All trades locked in and price must do what it has to.
Have a great weekend Folks.
Cheers.
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Trade to trade another day
  • #672,449
  • Jul 29, 2022 11:15am Jul 29, 2022 11:15am
Quoting phd893
{quote} {image}
the top was done on the parabolic sar weekly on the daily chart
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  • #672,450
  • Jul 29, 2022 11:18am Jul 29, 2022 11:18am
Quoting Nakedscalper
Any new peek under yesterday's low and I start selling insanely, but in boxers!
Boy oh boy, still didn't go back there! I'm selling one here nonetheless .2171 check out those 9 straight green 15 minute candles !
  • #672,451
  • Jul 29, 2022 11:28am Jul 29, 2022 11:28am
Quoting Whale
{image}
Nice equal high for next week spike and drop
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  • #672,452
  • Jul 29, 2022 11:30am Jul 29, 2022 11:30am
Quoting Nakedscalper
{quote} Boy oh boy, still didn't go back there! I'm selling one here nonetheless .2171 check out those 9 straight green 15 minute candles !
Doing the same but with the 30 minute. Selling .2162
  • #672,453
  • Jul 29, 2022 11:31am Jul 29, 2022 11:31am
Quoting Pat Chiko
GU Short with some luck {image}
GU

Update scalping position.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #672,454
  • Jul 29, 2022 11:31am Jul 29, 2022 11:31am
Quoting ForexGoose
bulls might have a chance today if they stay above 1.206 {image} next week, I would expect a rally into the BOE meeting {image}
daily close above 1.215 is probably good news for bulls next week, this pair should fly higher

Inserted Video
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #672,455
  • Jul 29, 2022 11:36am Jul 29, 2022 11:36am
average of the last 7 months is 1.27

average of the last 3 months 1.2250


The best place to buy now is 1.2050 target 1.25-1.27

break below 1.20 target 1.17 - 1.15
MY OPINION NOT FINANCIAL ADVISE
  • #672,456
  • Jul 29, 2022 11:40am Jul 29, 2022 11:40am
Quoting montygoldy
Going to try a scalp short…. Fingers crossed
tp hit....
Extreme gut feeling trader
  • #672,457
  • Jul 29, 2022 12:00pm Jul 29, 2022 12:00pm
Quoting eyefeelsix
{quote} {quote} navk, is not random but reapeating, wave3 is still valid as long 1.2000 is not broken {image}
I'm just waiting to take action, which one will touch first, RN 1.2300 or RN 1.2000

my waves updated :
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https://breakpullback.com
  • #672,458
  • Jul 29, 2022 12:12pm Jul 29, 2022 12:12pm
Quoting donfriday
{quote} 105.50 is a support we need to watch that {image}
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #672,459
  • Jul 29, 2022 12:14pm Jul 29, 2022 12:14pm
This week was scalper's heaven. EU even more than GU, since it stayed in the same range and was an easy pick from long to short. Next week I think it will break out somewhere...the question is where...EU can easily re-test parity, but also easily re-test the previous break of 340. I would wait...BoE on thursday and big US news on friday, by then it will be an easy trade, in whatever direction.
Everyone can see the chart, but only a few can actually read it.
  • #672,460
  • Jul 29, 2022 12:21pm Jul 29, 2022 12:21pm
Quoting OnlineAddict
This week was scalper's heaven. EU even more than GU, since it stayed in the same range and was an easy pick from long to short. Next week I think it will break out somewhere...the question is where...EU can easily re-test parity, but also easily re-test the previous break of 340. I would wait...BoE on thursday and big US news on friday, by then it will be an easy trade, in whatever direction.
Thanks for the head ups.

As Scalper, knowing when to hold them and when to fold them is either an art or a science.

We could simply place our exits at a predetermined level that gives a good expectancy, or hold our winners as long as possible, etc....

Have a good rest on weekends

Best Wishes
Pat Chiko
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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