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Cable Update (GBPUSD)

  • #673,161
  • Edited 11:51am Aug 3, 2022 11:17am | Edited 11:51am
Quoting BeeTogether
Closed manually too many rejections at 12110. Gone long at 12125 open TP potentially 123

Are you suggesting were are heading to 1.23 before the hike or only after??
  • #673,162
  • Aug 3, 2022 11:20am Aug 3, 2022 11:20am
Quoting JereMi256
{quote} Ps// my key level 1.209 hasnt been touched, so i have mixed feelings too.
that's normal, like when my level at 1.230 was just a few inches untouched and the price fall down after that, let it go.. there are another set up after which are even better
https://breakpullback.com
  • #673,163
  • Aug 3, 2022 11:23am Aug 3, 2022 11:23am
Quoting Houtbay
So this is my view, longs are being trapped. Price will move down forcing the longs to liquidate and then move up again at Coreg marked levels
Hi there,

Actually my view is this, before any major longs price should take out 1.20632, this may sound strange but if this lows aren't wiped, then any buys will be a trap for more selling.

Kind regards,

RD
  • #673,164
  • Aug 3, 2022 11:23am Aug 3, 2022 11:23am
gap is closed
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 31 KB
yes yes yes
  • #673,165
  • Aug 3, 2022 11:25am Aug 3, 2022 11:25am
Quoting eyefeelsix
{quote} that's normal, like when my level at 1.230 was just a few inches untouched and the price fall down after that, let it go.. there are another set up after which are even better
True, thanks
Face 'ur fears & tame 'ur greed
  • #673,166
  • Aug 3, 2022 11:27am Aug 3, 2022 11:27am
Quoting ScalaFX
{quote} Target meet, buy some with tight stop 2100 if QM works will be going up soon
Protecting all positions from 2110 to 2130 every 5 pip, maybe have some lack to catch 2300
People don't plan to lose. They lose because they don't plan.
  • #673,167
  • Aug 3, 2022 11:29am Aug 3, 2022 11:29am
price came to R
Attached Image (click to enlarge)
Click to Enlarge Name: uj.jpg Size: 312 KB
Trendlines H1,H4, SMC
  • #673,168
  • Aug 3, 2022 11:30am Aug 3, 2022 11:30am
Quoting TT.bullish
{quote} Are you suggesting were are heading to 1.123 before the hike or only after??
That should be interpreted as 1.23xx
Tall tails tell tales.
  • #673,169
  • Aug 3, 2022 11:32am Aug 3, 2022 11:32am
UJ still have some gap
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2022-08-03-23-31-32-85_a068875e8d70110f8d1ec48729c67374.png Size: 68 KB
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #673,170
  • Aug 3, 2022 11:38am Aug 3, 2022 11:38am
Quoting GODofMC
UJ still have some gap {image}
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 14 KB
still no break
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 11 KB
yes yes yes
  • #673,171
  • Aug 3, 2022 11:39am Aug 3, 2022 11:39am
Just went short at 2147 for tomorrow. I somehow think tomorrow will send this thing to abyss. Been busy all day and just looked at rhe GU chart a few minutes ago. I see some sort of HS pattern in the 4hr chart. I'm taking it. Hopefully it dumps into the ocean tomorrow.

And if we first get a huge spike tomorrow I will add to this short. If it dumps first I will make sure to bank some good pips.
  • #673,172
  • Aug 3, 2022 11:56am Aug 3, 2022 11:56am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2022-08-03-23-54-59-21_a068875e8d70110f8d1ec48729c67374.png Size: 84 KB
Quoting Moty
{quote} {image}still no break{image}
Consider it break now, maybe small break tou as may bounce on Blue MA
But im not confident enuf as i have sell at the bottom

As typing got this on m1 ,,, look like TRAP!!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2022-08-03-23-58-12-31_a068875e8d70110f8d1ec48729c67374.png Size: 91 KB
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #673,173
  • Aug 3, 2022 12:05pm Aug 3, 2022 12:05pm
dx and eu still not closed their gaps
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 32 KB
yes yes yes
  • #673,174
  • Aug 3, 2022 12:12pm Aug 3, 2022 12:12pm
Quoting Moty
dx and eu still not closed their gaps {image}
you don't have to check if the gap was closed, it depends on the broker...
Trendlines H1,H4, SMC
  • #673,175
  • Aug 3, 2022 12:20pm Aug 3, 2022 12:20pm
intraday price movement is just noise, a random movement, which is controlled in a very small percentage.
good luck to the day traders.
  • #673,176
  • Aug 3, 2022 12:37pm Aug 3, 2022 12:37pm
Quoting tiborf71
intraday price movement is just noise, a random movement, which is controlled in a very small percentage. good luck to the day traders.
tiborf71, it's OK not to grasp PA on the fly on intraday TF, don't feel bad about yourself...
Always trade your own plan...I don't provide trading signals.
  • #673,177
  • Aug 3, 2022 12:42pm Aug 3, 2022 12:42pm
Quoting Coreg2004
{quote} tiborf71, it's OK not to grasp PA on the fly on intraday TF, don't feel bad about yourself...
I'm fine.
I haven't believed in fairy tales for a long time, but just watch the fairy tales.
you must be a profitable trader too.
LOL.
  • #673,178
  • Aug 3, 2022 12:43pm Aug 3, 2022 12:43pm
Quoting tiborf71
intraday price movement is just noise, a random movement, which is controlled in a very small percentage. good luck to the day traders.
stop kidding yourself
  • #673,179
  • Aug 3, 2022 12:45pm Aug 3, 2022 12:45pm
Quoting tiborf71
{quote} I'm fine. I haven't believed in fairy tales for a long time, but just watch the fairy tales. you must be a profitable trader too. LOL.
again bad trading day? it must be painful.
Always trade your own plan...I don't provide trading signals.
  • #673,180
  • Aug 3, 2022 12:48pm Aug 3, 2022 12:48pm
Quoting navin2007
{quote} stop kidding yourself
tell me what you think is really behind the intraday commodity movement.
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