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Cable Update (GBPUSD)

  • #672,561
  • Jul 31, 2022 8:14pm Jul 31, 2022 8:14pm
Cadjpy short

sl 103.895
tp 101.421
My telegram: https://t.me/avidforex
  • #672,562
  • Jul 31, 2022 8:43pm Jul 31, 2022 8:43pm
Usdchf short

discount price 17 pips stop loss
tp: 0.94125
My telegram: https://t.me/avidforex
  • #672,563
  • Jul 31, 2022 9:06pm Jul 31, 2022 9:06pm
i am short in GU.

Stop 2197.

Target daily s1.

Tight stop. 10 pips only. + spread
Intraday only.
  • #672,564
  • Edited Aug 1, 2022 2:58am Jul 31, 2022 11:27pm | Edited Aug 1, 2022 2:58am
Long in at 1.2187 target 1.2232. Higher lows pushing into the resistance line giving confidence the level will be broken. The ugly daily candle is the problem.
Attached Image(s) (click to enlarge)
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Don't trade what you think. Just what you see!!!
  • #672,565
  • Aug 1, 2022 12:04am Aug 1, 2022 12:04am
in the last 3 days the uj dropped 134 and more pips in the start of the trading day , even before Frankfort open
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 13 KB
yes yes yes
  • #672,566
  • Aug 1, 2022 12:13am Aug 1, 2022 12:13am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 15 KB
yes yes yes
  • #672,567
  • Aug 1, 2022 12:27am Aug 1, 2022 12:27am
I think GU will be rangebound with negative bias (negative European data) till US ISM data. If data comes worse then expected then GU will fly today.
  • #672,568
  • Aug 1, 2022 1:08am Aug 1, 2022 1:08am
Range now 2157 to 2199.
The daily candle will form based on break of either side now
Intraday only.
  • #672,569
  • Aug 1, 2022 1:22am Aug 1, 2022 1:22am
Quoting navk
Range now 2157 to 2199. The daily candle will form based on break of either side now
on weekly if week open holds , GU has a huge positive divergence

by huge i am talking 50% of the weekly wave [ 3100 or 3200 ]
  • #672,570
  • Aug 1, 2022 1:27am Aug 1, 2022 1:27am
If you are not already long, I think 2040 region would be a great entry point if it gets down there
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 8 KB
Compulsions can be hard to resist
  • #672,571
  • Aug 1, 2022 1:30am Aug 1, 2022 1:30am
Quoting PatienceFx
{quote} on weekly if week open holds , GU has a huge positive divergence by huge i am talking 50% of the weekly wave [ 3100 or 3200 ]
ok.

I do not trade weekly candle.
Intraday only.
  • #672,572
  • Aug 1, 2022 1:53am Aug 1, 2022 1:53am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 14 KB
yes yes yes
  • #672,573
  • Aug 1, 2022 2:02am Aug 1, 2022 2:02am
Inserted Video
  • #672,574
  • Aug 1, 2022 2:08am Aug 1, 2022 2:08am
Attached Image (click to enlarge)
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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #672,575
  • Aug 1, 2022 2:19am Aug 1, 2022 2:19am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 31 KB
  • #672,576
  • Aug 1, 2022 2:27am Aug 1, 2022 2:27am
Quoting Wavegarrick
{quote} A mouthful I know with all my trades, but locked in. Looking for a retrace towards my weekly pivot at 1.21275 target 1.23000. Take care. {image}
Hi Leon, Glad to see you still active in this forum.
if i may ask, at what target of your long?
cause DXY for now is still too strong, hard to risk assets to beat it while Fed still hawkish for current condition.
  • #672,577
  • Aug 1, 2022 2:28am Aug 1, 2022 2:28am
Quoting Traderview
{image}{image}
1.2193 for bulls
  • #672,578
  • Aug 1, 2022 2:30am Aug 1, 2022 2:30am
Quoting T4Trade
{quote} I am impressed with your chart.what is this arrow indcator,it seems very nice,plz share the settings as well,thanks
Hi T4T,
The indicator is called "HGI_v16.09". Unfortunately it is exclusive to membership (free} and carries a yearly expiry date. Just google the indicator name. Settings are default.
Cheers.
Trade to trade another day
  • #672,579
  • Aug 1, 2022 2:33am Aug 1, 2022 2:33am
The low of the day is just 20 pips away.
London range is big.
If low breaks.... Then bearish daily candle
If high breaks bullish candle today.
I have stop at round number.
Above 2200 I will not hold short for the day.
But short scalp I will do.
Intraday only.
  • #672,580
  • Aug 1, 2022 2:34am Aug 1, 2022 2:34am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 20 KB
yes yes yes
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