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Cable Update (GBPUSD)

  • #674,481
  • Aug 10, 2022 3:54am Aug 10, 2022 3:54am
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yes yes yes
  • #674,482
  • Aug 10, 2022 3:54am Aug 10, 2022 3:54am
...the steepest 4hr desc t/line hit and held @ y/day's hi.

4hr below
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Trader with an Edge.
  • #674,483
  • Aug 10, 2022 3:56am Aug 10, 2022 3:56am
Quoting Headland
G/M, a 2nd sub 30day adr day y/day and a 2nd dly pinbar type candle. Another small range Asian session, and now into early London session. Market awaits U.s Cpi later. 1hr currently rangy lol! 1hr below {image}
The way you draw your zones, the way you analyse market is fantastic. I said it before. Well done
  • #674,484
  • Aug 10, 2022 3:56am Aug 10, 2022 3:56am
Quoting Moty
{image}{image}
Hammer Time Moty on new H4.

Put more hammer.......
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #674,485
  • Aug 10, 2022 4:00am Aug 10, 2022 4:00am
GBPJPY LONG
SL 162.900
LAST TP 165.140
Set yours lower
My telegram: https://t.me/avidforex
  • #674,486
  • Aug 10, 2022 4:02am Aug 10, 2022 4:02am
Still holding my cable longs from yesterday
  • #674,487
  • Aug 10, 2022 4:06am Aug 10, 2022 4:06am
Quoting Pat Chiko
{quote} Hammer Time Moty on new H4. Put more hammer.......
actually nothing specially need , just breaks 2091 and 80 and hold may keep the short if already taken , under 2063 , at Be to see how much it can tank ! thanks
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #674,488
  • Aug 10, 2022 4:28am Aug 10, 2022 4:28am
Quoting GODofMC
Holding, may sl +0 {image} Too high TP Closed at 2096, waiting another entry
Still bullish until came into asian box then waiting kontolidations in the box and waiting break either up or down
My buy was at box break up earlier
And trendline still work, down to 2093, and now bouncing up, target better at range asian trade, about 20 pips
so 1.2102 was best TP
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #674,489
  • Aug 10, 2022 4:31am Aug 10, 2022 4:31am
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yes yes yes
  • #674,490
  • Aug 10, 2022 4:34am Aug 10, 2022 4:34am
... tightest part of the 1hr range b/o, and p/back to the dly pivot - and a bounce back up from it .. Looking kinda W - ish on 1hr/4hr now? We had the hammer @ current dly lo on 1hr then the bullish engulf of last 5 candles on the t/f...and a further move up from there. Still rangy though on this t/f.
--------------------------------
Upcoming U.s Cpi data, and market reaction will be interesting. If forecasts are right and inflation has topped out (for now?) - another potential 'Biden win,' {Remember the pressures are slightly different in u.s economy than Uk's, particularly re energy,} then will the market sell $'s based on a lesser expectation of future as aggressive fed action? Depends on how much it has topped out, if indeed it has, I guess?

1hr below
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Trader with an Edge.
  • #674,491
  • Aug 10, 2022 4:35am Aug 10, 2022 4:35am
Eurjpy long
sl 137.681
tp 139.763
My telegram: https://t.me/avidforex
  • #674,492
  • Aug 10, 2022 4:37am Aug 10, 2022 4:37am
Quoting Mitiblotch
Pending order: Short: 2104.
Now active. It's surprising how Fibonacci is giving me accurate entries. Top so far today is 2105 and I got in short at 2104. That's precision. I could have banked if I wanted but I will hold through CPI. I need 2030, 2000 and 1960 area as TPs.
  • #674,493
  • Aug 10, 2022 4:47am Aug 10, 2022 4:47am
Quoting Mitiblotch
{quote} Now active. It's surprising how Fibonacci is giving me accurate entries. Top so far today is 2105 and I got in short at 2104. That's precision. I could have banked if I wanted but I will hold through CPI. I need 2030, 2000 and 1960 area as TPs.
nice one!
https://breakpullback.com
  • #674,494
  • Edited 5:14am Aug 10, 2022 4:50am | Edited 5:14am
Quoting Moty
{image}
If CPI is Good then that hammer work, if not, 1.2120-2140
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Adding small buy, box blue box seems protected sl 7 pips
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #674,495
  • Aug 10, 2022 4:50am Aug 10, 2022 4:50am
I am done with pre release of news event.

It was a paradise for scalping.

Longs and short.

Many. But I did not hold them for long.

Both accounts.
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Intraday only.
  • #674,496
  • Aug 10, 2022 4:52am Aug 10, 2022 4:52am
Sleeeeeeping time.



Will be back in NY
Intraday only.
  • #674,497
  • Aug 10, 2022 4:53am Aug 10, 2022 4:53am
Cable trend still remains upwards.
  • #674,498
  • Aug 10, 2022 4:54am Aug 10, 2022 4:54am
...nothing unusual about this pre-big data release market ranginess, but what is perhaps more unusual (at least recently,) is that it has been going on for 2 days now? It suggests at least, that the market is focused on this data, and views it as v.important. I just hope the market reaction lives up to the hype, lol!
Trader with an Edge.
  • #674,499
  • Aug 10, 2022 4:57am Aug 10, 2022 4:57am
Quoting Houtbay
Still holding my cable longs from yesterday
So you didn't lose...interesting
  • #674,500
  • Aug 10, 2022 4:57am Aug 10, 2022 4:57am
Quoting Houtbay
Cable trend still remains upwards.
Only on the sub 1hr, maybe even only on the sub 30min t/f's. 1Hr is rangy, 4hr currently - consolidation in a downtrend, dly may still be in a technical uptrend, wkly and mthly are in downtrends. Intraday is up.
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