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Cable Update (GBPUSD)

  • #672,601
  • Aug 1, 2022 4:12am Aug 1, 2022 4:12am
short active
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2022-08-01_10-13-03.png Size: 23 KB
  • #672,602
  • Aug 1, 2022 4:13am Aug 1, 2022 4:13am
Quoting BeeTogether
{quote} i have a long pending from 12100 if we get close to it i will manually start the long. The other point is BoE are looking to raise rates by 0.5% which will help GBP get stronger which could be why we are seeing a strong surge today

i don’t even have idea about the fundamental but I believe if we trade with caution sometime we get to see the coming fundamental even before or after it happen.
MY OPINION NOT FINANCIAL ADVISE
  • #672,603
  • Aug 1, 2022 4:15am Aug 1, 2022 4:15am
hi guys...my view
Attached Image (click to enlarge)
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Trendlines H1,H4, SMC
  • #672,604
  • Aug 1, 2022 4:25am Aug 1, 2022 4:25am
Quoting navk
{quote} ok. I do not trade weekly candle.
i warned you becauase usd index does not favor gu shorts

rest is your choice, you know best
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2022-08-01 at 14-53-38 DXY 105.474 ▼ −0.33% a.png Size: 23 KB
  • #672,605
  • Aug 1, 2022 4:38am Aug 1, 2022 4:38am
Quoting PatienceFx
{quote} i warned you becauase usd index does not favor gu shorts rest is your choice, you know best {image}
there may be bad trades, but i get out using stop loss.

I took my loss at 1.2001
Intraday only.
  • #672,606
  • Aug 1, 2022 4:45am Aug 1, 2022 4:45am
Quoting navk
{quote} there may be bad trades, but i get out using stop loss. I took my loss at 1.2001
every time trade hits stop, we work harder to regain loss + spread + commission + time wasted

think
  • #672,607
  • Aug 1, 2022 4:47am Aug 1, 2022 4:47am
beautiful DXy


now let see how it play out
Attached Image (click to enlarge)
Click to Enlarge Name: bandicam 2022-07-29 17-08-50-007.jpg Size: 143 KB
MY OPINION NOT FINANCIAL ADVISE
  • #672,608
  • Aug 1, 2022 4:49am Aug 1, 2022 4:49am
Quoting PatienceFx
{quote} every time trade hits stop, we work harder to regain loss + spread + commission + time wasted think
if everytime sl hits, one can not survive for long.
Intraday only.
  • #672,609
  • Aug 1, 2022 4:52am Aug 1, 2022 4:52am
Quoting Theoak
{quote} Target hit. Entered same set-up on the EUR {image}
If the hr candle can hold the highs then going long target 1.2280
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2022-08-01 080604a.png Size: 16 KB
Don't trade what you think. Just what you see!!!
  • #672,610
  • Aug 1, 2022 4:56am Aug 1, 2022 4:56am
Quoting donfriday
beautiful DXy now let see how it play out {image}
till 105.00 i am not bothered
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2022-08-01 at 15-24-15 DXY 105.419 ▼ −0.39% a.png Size: 35 KB
  • #672,611
  • Aug 1, 2022 5:01am Aug 1, 2022 5:01am
booked my uj shorts, time for siesta
Attached Image(s) (click to enlarge)
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  • #672,612
  • Aug 1, 2022 5:04am Aug 1, 2022 5:04am
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}
1.22500 Being the halfway mark with 1.20000 and 1.25000 a very important quarterly level. Trying a short trade here with a 35 pip s/loss target towards my weekly pivot at 1.21282. Momentum quite strong and I could be wrong.
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_144.png Size: 51 KB
Trade to trade another day
  • #672,613
  • Aug 1, 2022 5:04am Aug 1, 2022 5:04am
Quoting Theoak
{quote} If the hr candle can hold the highs then going long target 1.2280 {image}
The candle did not break, but I'm bullish bias so will not take the retrace if it does. Going to wait until this level breaks and holds revaluate.

But I'm BULLISH.. so will not take any retrace
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2022-08-01 110111.png Size: 20 KB
Don't trade what you think. Just what you see!!!
  • #672,614
  • Aug 1, 2022 5:09am Aug 1, 2022 5:09am
Quoting PatienceFx
booked my uj shorts, time for siesta {image} {image}
wow UJ jumped right after my close
  • #672,615
  • Aug 1, 2022 5:15am Aug 1, 2022 5:15am
cable had a beautiful run too, set my alarm to 30 minutes before usd news, zzzzzzzzz
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 19 KB
  • #672,616
  • Aug 1, 2022 5:16am Aug 1, 2022 5:16am
Quoting Wavegarrick
{quote} 1.22500 Being the halfway mark with 1.20000 and 1.25000 a very important quarterly level. Trying a short trade here with a 35 pip s/loss target towards my weekly pivot at 1.21282. Momentum quite strong and I could be wrong. Cheers. {image}
Sold 2253 because price is already 100 pips from today's bottom. Happy New Week.
  • #672,617
  • Aug 1, 2022 5:27am Aug 1, 2022 5:27am
below 2262 I shorted for retrace
Intraday only.
  • #672,618
  • Edited 6:22am Aug 1, 2022 5:31am | Edited 6:22am
Quoting Theoak
{quote} If the hr candle can hold the highs then going long target 1.2280 {image}
Long in at 1.2254 target 1.2280 STOPPED OUT LOSS
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2022-08-01 113316.png Size: 21 KB
Don't trade what you think. Just what you see!!!
  • #672,619
  • Aug 1, 2022 5:32am Aug 1, 2022 5:32am
Quoting navk
below 2262 I shorted for retrace
perfect trade
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1.png Size: 19 KB
  • #672,620
  • Aug 1, 2022 5:35am Aug 1, 2022 5:35am
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
thank you Leon for what he shared with us here and on other threads. God bless you!

maybe this will help you. ...like HGI_v16.09....

Attached File(s)
File Type: ex4 VQ-nrp+arrows.ex4   26 KB | 240 downloads
Attached File(s)
File Type: mq4 VQ-nrp+arrows.mq4   7 KB | 276 downloads


God bless you Leon God bless you T4Trade and God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
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