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Cable Update (GBPUSD)

  • #673,041
  • Aug 3, 2022 2:43am Aug 3, 2022 2:43am
for me (gbpusd) looks like let's push it up and let's go down...
if USindex stay above 105.850
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Trendlines H1,H4, SMC
  • #673,042
  • Aug 3, 2022 2:45am Aug 3, 2022 2:45am
Quoting anandy1
@Moty typically how much stop loss you keep. You were short a while ago, when do you decide to switch directions ?
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yes yes yes
  • #673,043
  • Aug 3, 2022 2:59am Aug 3, 2022 2:59am
Eurgbp short tp 0.93350. Then long at tp
  • #673,044
  • Aug 3, 2022 3:00am Aug 3, 2022 3:00am
Last candle is ending now
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yes yes yes
  • #673,045
  • Aug 3, 2022 3:00am Aug 3, 2022 3:00am
Had long yesterday 12232 that got away from me because of attention deing distracted which went to -95 pips but held on to it but was pleased to see it bounce off my trend line when I picked up another two longs at 12137 and 12154. Am leaving this to run for the day with a T/P at 12287 which is well in my top trend. Am I a little crazy or who else has a high T/P
  • #673,046
  • Aug 3, 2022 3:04am Aug 3, 2022 3:04am
some scalping, some short and mostly longs.

Not a bad start to the day.

Will aim to short for scalp around 2240.
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Intraday only.
  • #673,047
  • Aug 3, 2022 3:04am Aug 3, 2022 3:04am
Data in half hour
Insane in the Brain..
  • #673,048
  • Aug 3, 2022 3:12am Aug 3, 2022 3:12am
Quoting Moty
{image}{image}
Agree with your chart Moti
Intraday only.
  • #673,049
  • Aug 3, 2022 3:13am Aug 3, 2022 3:13am
Quoting Theoak
The low of the Daily candle of Mondays is providing support... If this breaks, which it should then target 1.2090
The low did not break. I'm still bearish as the higher timeframes have flipper to bearish. The safe trade is to wait until this level is broke!! I might even take the trade if the smaller time frame flips to bearish
Don't trade what you think. Just what you see!!!
  • #673,050
  • Aug 3, 2022 3:27am Aug 3, 2022 3:27am
Positive divergence on 30min TF.
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  • #673,051
  • Aug 3, 2022 3:28am Aug 3, 2022 3:28am
Gbpaud long tp 1.76300. Short at tp
  • #673,052
  • Aug 3, 2022 3:33am Aug 3, 2022 3:33am
Uk red data 52.6 vs expected 53.3

could this be a trigger for higher rates not sure?
Insane in the Brain..
  • #673,053
  • Aug 3, 2022 3:40am Aug 3, 2022 3:40am
Bounce from middle bollinger bands h4...will see low or 1.2100
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  • #673,054
  • Aug 3, 2022 3:41am Aug 3, 2022 3:41am
Quoting BeeTogether
Uk red data 52.6 vs expected 53.3 could this be a trigger for higher rates not sure?
Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Nov 2019, is the earliest and thus tends to have the most impact;

Under FF notes..it is above 50? i guess it is good still??
  • #673,055
  • Aug 3, 2022 3:41am Aug 3, 2022 3:41am
Quoting Theoak
{quote} The low did not break. I'm still bearish as the higher timeframes have flipper to bearish. The safe trade is to wait until this level is broke!! I might even take the trade if the smaller time frame flips to bearish
Short in art 1.2184

We know there is support at 1.2163, so be careful
Don't trade what you think. Just what you see!!!
  • #673,056
  • Aug 3, 2022 3:42am Aug 3, 2022 3:42am
Quoting Moty
switched to long {image}

loving your chart..i think u are reading the market a lot better these days..your improving bro
  • #673,057
  • Aug 3, 2022 3:43am Aug 3, 2022 3:43am
Quoting nAVIN2007
{quote} Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Nov 2019, is the earliest and thus tends to have the most impact; Under FF notes..it is above 50? i guess it is good still??

i think it was not as good as expected however the drop is not a quick one so maybe it won’t have much effect
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Insane in the Brain..
  • #673,058
  • Aug 3, 2022 3:47am Aug 3, 2022 3:47am
short
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yes yes yes
  • #673,059
  • Aug 3, 2022 3:49am Aug 3, 2022 3:49am
Lord Bogdanoff has spoken, he said "Dump it."

Short taken a moment ago:
Entry 1.21756, SL 1.22183, TP 1.21115
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https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 50.4%
  • #673,060
  • Aug 3, 2022 4:02am Aug 3, 2022 4:02am
waiting test 2243 before breakout 2118/2000 to next leg down though with top failure usdx was think great bull as start , now bull actually got both targets and so good correct to decide again!! take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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