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Cable Update (GBPUSD)

  • #672,841
  • Aug 2, 2022 6:57am Aug 2, 2022 6:57am
Looks like DXY is trying to go bullish. It has already broken the down trend channel. Need to wait till it retraces to go long on GU.
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  • #672,842
  • Aug 2, 2022 7:02am Aug 2, 2022 7:02am
USDJPY looks like an interesting buy for a small target.
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  • #672,843
  • Aug 2, 2022 7:02am Aug 2, 2022 7:02am
Short @1.2215
SL 1.2239

TP mental
Face 'ur fears & tame 'ur greed
  • #672,844
  • Aug 2, 2022 7:10am Aug 2, 2022 7:10am
If the data comes in soft, then DXY will reverse and GBP/USD will turn bullish on 4h.
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #672,845
  • Aug 2, 2022 7:11am Aug 2, 2022 7:11am
Staburn mf
The drop is coming
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yes yes yes
  • #672,846
  • Aug 2, 2022 7:18am Aug 2, 2022 7:18am
Quoting Moty
Staburn mf The drop is coming {image}
Whyyy?
I see an UP, no break down yet
Yet i SL ed buy at 2214 and sl 2216
I still a little buy despite DX alr3ady at support
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #672,847
  • Aug 2, 2022 7:23am Aug 2, 2022 7:23am
usdjpy one hour

let us see what JOLTS does here
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  • #672,848
  • Aug 2, 2022 7:28am Aug 2, 2022 7:28am
This is going to be a bullish week for GU, there's buyside liquidity sitting on top.

Expect more bullish moves this week. However, price is currently at premium on the weekly, there's more room for sells maybe next week, it will have to be sold at a cheap price.

Still, expect a bullish week

Kind regards,

RD
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  • #672,849
  • Aug 2, 2022 7:31am Aug 2, 2022 7:31am
Quoting JereMi256
Short @1.2215 SL 1.2239 TP mental
TP mental?? I’m liking the sound of that …
Insane in the Brain..
  • #672,850
  • Aug 2, 2022 7:34am Aug 2, 2022 7:34am
  • #672,851
  • Aug 2, 2022 7:34am Aug 2, 2022 7:34am
Quoting BeeTogether
{quote} TP mental?? I’m liking the sound of that …
once Pelosi is finished her Taiwan visit and nothing happens, then there won't be risk-off anymore and the bulls will go mental with their TPs
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #672,852
  • Aug 2, 2022 7:38am Aug 2, 2022 7:38am
Quoting GODofMC
{quote} Whyyy? I see an UP, no break down yet Yet i SL ed buy at 2214 and sl 2216 I still a little buy despite DX alr3ady at support
Break
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yes yes yes
  • #672,853
  • Aug 2, 2022 7:44am Aug 2, 2022 7:44am
Quoting Moty
{quote} Break {image}
If i draw from LL to LL stil not a clear break on m5, but . . .
There is stil possibility . . .
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Trying open long SL -13 Pip ( with spread) then if break above 30 and stay at least at 27 then hold buy if rejected then close with all might

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Update : seem rejected at 18, my hit my SL

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bad data expwcted GBP and USD will change places in meter
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #672,854
  • Aug 2, 2022 7:49am Aug 2, 2022 7:49am
Quoting Moty
{quote} Break {image}
not yet, your macd still above zero line, need three consecutive histogram ( fall ) below zero line to accept the break-down
https://breakpullback.com
  • #672,855
  • Edited 3:53pm Aug 2, 2022 8:06am | Edited 3:53pm
Quoting GODofMC
{quote} Whyyy? I see an UP, no break down yet Yet i SL ed buy at 2214 and sl 2216 I still a little buy despite DX alr3ady at support
I expect Daily Pivot to be touched before we end the Cicle and continue down 1.2370 (also 4HR Pivot 1.2300). Patience and let the crooks get theirs first , after that we will attach to the shark´s fin.

Edit: First week of the month, out Risk Management should b tight and on point, better wait till next week.

Well moving me sell limits to 1.2180 and 1.2200. and TP till 61,8 fib retracement 1.1961. My 1.2300 sell limit was so close to be touched yesterday. Sad.
  • #672,856
  • Aug 2, 2022 8:11am Aug 2, 2022 8:11am
Good Morning! Have a buy on GU currently; Techs point it going higher...
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My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #672,857
  • Aug 2, 2022 8:12am Aug 2, 2022 8:12am
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yes yes yes
  • #672,858
  • Aug 2, 2022 8:13am Aug 2, 2022 8:13am
At the area for the retrace should end in time for NYO
Insane in the Brain..
  • #672,859
  • Aug 2, 2022 8:13am Aug 2, 2022 8:13am
Quoting Theoak
{quote} I would like to see a retrace from this level. Then when it breaks again will go long!! {image}
When it breaks the highs marked will go long. There is nice HL too!

Long in at 1.2227
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Don't trade what you think. Just what you see!!!
  • #672,860
  • Aug 2, 2022 8:15am Aug 2, 2022 8:15am
Quoting voeltoez
price bounce from mid bb..maybe go up test high first before big drop {image}
Closed @1.2238... not enough power to bulls..
wait confirmation for short
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