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Cable Update (GBPUSD)

  • #673,881
  • Aug 8, 2022 12:56am Aug 8, 2022 12:56am
after strong jobs data, us core cpi may come strong, usd strength, fuel for another rate hike
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  • #673,882
  • Edited 2:01am Aug 8, 2022 12:56am | Edited 2:01am
Quoting Theoak
If we can break 1.2080, be looking for at least 20 pips!!
Long in at 1.2080 nice round number target 1.2100
Don't trade what you think. Just what you see!!!
  • #673,883
  • Aug 8, 2022 1:10am Aug 8, 2022 1:10am
Quoting Georginson
{quote} Now gone long at 1.2018, target 1.2100, stop 1.1960.
Exited at 1.2078.
Data + Stat + Risk/Emotions Management
  • #673,884
  • Aug 8, 2022 1:17am Aug 8, 2022 1:17am
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yes yes yes
  • #673,885
  • Aug 8, 2022 1:29am Aug 8, 2022 1:29am
Quoting eyefeelsix
{quote} not for all, but might be useful for some, to all my friends here good luck and happy holidays, See You Again.. {image}
plan and execute, currently short low risk 1.2100 --- TP open

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https://breakpullback.com
  • #673,886
  • Aug 8, 2022 1:35am Aug 8, 2022 1:35am
G/M, bit of a down then up Asian session. let's see what early London will do with it. Currently challenging prev 1hr/minor 4hr sw hi leading to fri's p/back hi, - this part of a prev 4hr/minor dly sw lo zone = prev supp = pot sbr....on 4hr extends to circa 2110. (Pink zones on my charts are prev 30min fractal swing hi's/lo's only.)

1hr below
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Trader with an Edge.
  • #673,887
  • Aug 8, 2022 1:35am Aug 8, 2022 1:35am
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yes yes yes
  • #673,888
  • Aug 8, 2022 1:48am Aug 8, 2022 1:48am
GU
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  • #673,889
  • Aug 8, 2022 1:48am Aug 8, 2022 1:48am
...you can see on 4hr below the prev sw lo zone = prev supp = pot sbr that may be problematic for bulls...already a failed test @ the fri 2094 pullback hi.

4hr below
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Trader with an Edge.
  • #673,890
  • Aug 8, 2022 1:52am Aug 8, 2022 1:52am
Expecting price to break somewhere.... come on...
No trading yet.
  • #673,891
  • Aug 8, 2022 2:06am Aug 8, 2022 2:06am
my view
USindex

if we cross 106.370 = usd down (gbpusd or eurusd - up)
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Trendlines H1,H4, SMC
  • #673,892
  • Aug 8, 2022 2:07am Aug 8, 2022 2:07am
Quoting ScalaFX
Ok last GU buy 2030, will add more if nessesery till 1980 Max, target 1.21
Target meet patience and calm waiting
People don't plan to lose. They lose because they don't plan.
  • #673,893
  • Aug 8, 2022 2:08am Aug 8, 2022 2:08am
Quoting Theoak
{quote} Long in at 1.2080 nice round number target 1.2100
Bingo!!!
Don't trade what you think. Just what you see!!!
  • #673,894
  • Aug 8, 2022 2:13am Aug 8, 2022 2:13am
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yes yes yes
  • #673,895
  • Aug 8, 2022 2:14am Aug 8, 2022 2:14am
Now sell GU 2105 will add
People don't plan to lose. They lose because they don't plan.
  • #673,896
  • Aug 8, 2022 2:27am Aug 8, 2022 2:27am
If we stay above cca 1.2090 = up
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Trendlines H1,H4, SMC
  • #673,897
  • Aug 8, 2022 2:28am Aug 8, 2022 2:28am
...61.8% of friday's hi-lo (part of a 2105-14 3 fib cluster) reached @ current dly hi...bulls are strongest so far in London session, continuing the move up in later Asian session. Tested top of that prev 4hr/minor dly sw lo zone at the current dly hi.

1hr below
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Trader with an Edge.
  • #673,898
  • Aug 8, 2022 2:28am Aug 8, 2022 2:28am
Going to be selling this soon.
Just want confirmation that price is going to stall up here
  • #673,899
  • Aug 8, 2022 2:30am Aug 8, 2022 2:30am
Quoting eyefeelsix
{quote} plan and execute, currently short low risk 1.2100 --- TP open {image}
stop and rest atm, let the price decide
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https://breakpullback.com
  • #673,900
  • Aug 8, 2022 2:32am Aug 8, 2022 2:32am
Quoting Theoak
{quote} Bingo!!!
If we can get some more bull action... I'm going in!!!!
Don't trade what you think. Just what you see!!!
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