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Cable Update (GBPUSD)

  • #673,381
  • Aug 4, 2022 7:04am Aug 4, 2022 7:04am
Quoting BeeTogether
I want to see 12050 be a sweet spot nice round number to collect pay day from have set my SL at 12150 for my short from 12163 so either way I’m in some kind of profit lol
After 2062 next target goes to 2018, ultimatil may target below 1889.lets see step by step. 2062 may bounce, may not as already bounce and sells with news!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #673,382
  • Aug 4, 2022 7:05am Aug 4, 2022 7:05am
Quoting Inthebox
{quote} continuation. final target reached. {image}
Our entries look similar, maybe we have similar EA rules

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  • #673,383
  • Aug 4, 2022 7:05am Aug 4, 2022 7:05am
...dly chart below shows the bearish hidden div in both osc's at the recent 2293 hi.

dly below
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Trader with an Edge.
  • #673,384
  • Aug 4, 2022 7:06am Aug 4, 2022 7:06am
If bulls can defend 1.2060, then 1.2340 is next
Data + Stat + Risk/Emotions Management
  • #673,385
  • Aug 4, 2022 7:15am Aug 4, 2022 7:15am
As mentioned earlier Gbpusd trend is down, Georginsons level of 1.2060 should not hold
  • #673,386
  • Aug 4, 2022 7:19am Aug 4, 2022 7:19am
Quoting Mitiblotch
{quote} Out at 2080. +95 pips in my bag. I hang my bag on my shoulder and walk away in grand style. Thank you uncle Bailey!
Nice trade
  • #673,387
  • Aug 4, 2022 7:24am Aug 4, 2022 7:24am
Dont Worry.

GU > 1.206XX
GU > HIGH 1



============

TOTAL : GU = MY TP.
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  • #673,388
  • Aug 4, 2022 7:25am Aug 4, 2022 7:25am
I expect 2130 first bullish target today if 2065 holds
Intraday only.
  • #673,389
  • Aug 4, 2022 7:28am Aug 4, 2022 7:28am
Quoting ohyeah
{quote} Our entries look similar, maybe we have similar EA rules {image}
my EA is called Endure Always.
Funny thing is that whenever it broke down, i made money.
ITB - Seeing Orderliness amongst 'Randomness'
  • #673,390
  • Aug 4, 2022 7:33am Aug 4, 2022 7:33am
Eu > = 1.027 eu buy , so gu buy.
  • #673,391
  • Aug 4, 2022 7:36am Aug 4, 2022 7:36am
Look what we have here, spotted a good support where the previous low bounced off it last week, and now the big bearish candle suddenly stops and attempting a reversal with bullish engulfing at the moment.

If this M15 candle closed like a V shaped reversal, I will go long, SL will be recent low.

EDIT: normally an extreme candle most likely will be followed by retracement of that candle, nothing goes straight line up or down, it happens but rarely.
Also remember the overall longer term trend is up, by bouncing off the Support spotted in the picture, the uptrend structure remain valid.
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https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 63.8%
  • #673,392
  • Aug 4, 2022 7:42am Aug 4, 2022 7:42am
Quoting Moty
Yes !!!! {image}
The price is inside of an triangle.

https://www.forexfactory.com/thread/...9#post14088119
Together we can be strongest
Vantage Return This Month: na
  • #673,393
  • Aug 4, 2022 7:47am Aug 4, 2022 7:47am
Enter Long, entry 1.21002, SL 1.20629, TP 1.21560
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https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 63.8%
  • #673,394
  • Aug 4, 2022 7:52am Aug 4, 2022 7:52am
Quoting Reverso
Enter Long, entry 1.21002, SL 1.20629, TP 1.21560 {image}
My Broker didn't show me that spike candle above 2207 or I may have taken the short.
As it stands then, the range is now finished and we should be moving down, but I suspect a nice trade short might come off 2154 or thereabouts from this pull back.
  • #673,395
  • Aug 4, 2022 7:53am Aug 4, 2022 7:53am
Nice pullback...
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  • #673,396
  • Aug 4, 2022 7:54am Aug 4, 2022 7:54am
Maybe someone with more knowledge could tell me why GBP dropped like a bomb when rate from BOE came out as 1.75% which is what was expected. I see there were quite a few who had patience and took a great short ride I also expect many people on longs were wiped out on their S/L Now if we see price return to pre BOE levels, then surely the fall in price was manufactured. Your opinions or advice please.
  • #673,397
  • Aug 4, 2022 7:55am Aug 4, 2022 7:55am
Quoting T721
{quote} Nice trade
Thank you.
  • #673,398
  • Aug 4, 2022 7:57am Aug 4, 2022 7:57am
Quoting Chris_35
Maybe someone with more knowledge could tell me why GBP dropped like a bomb when rate from BOE came out as 1.75% which is what was expected. I see there were quite a few who had patience and took a great short ride I also expect many people on longs were wiped out on their S/L Now if we see price return to pre BOE levels, then surely the fall in price was manufactured. Your opinions or advice please.
It's not about the news, it's about the orders.
  • #673,399
  • Aug 4, 2022 7:58am Aug 4, 2022 7:58am
Up and down mf
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yes yes yes
  • #673,400
  • Aug 4, 2022 8:01am Aug 4, 2022 8:01am
Waiting to smack it down again at 50%, 61.8% or 78.6%
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TooSlow