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Cable Update (GBPUSD)

  • #674,501
  • Aug 10, 2022 4:59am Aug 10, 2022 4:59am
Rising wedge on the 5 min timeframe.. I have a short in at 1.2098. I've added and my first target is 1.2080
Don't trade what you think. Just what you see!!!
  • #674,502
  • Aug 10, 2022 5:06am Aug 10, 2022 5:06am
Quoting Moty
{image}
Thanks for the hammer Moty.........

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No worries for buyer
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I come from the future.
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  • #674,503
  • Aug 10, 2022 5:09am Aug 10, 2022 5:09am
Quoting Theoak
Rising wedge on the 5 min timeframe.. I have a short in at 1.2098. I've added and my first target is 1.2080
Hit target and scaled out. stops to break even free bet target 1.2070
Don't trade what you think. Just what you see!!!
  • #674,504
  • Aug 10, 2022 5:41am Aug 10, 2022 5:41am
Closed my long and am short
  • #674,505
  • Aug 10, 2022 5:45am Aug 10, 2022 5:45am
Quoting BigNumbers
Eurjpy long sl 137.681 tp 139.763
We hope to ride it close to the top.

about 250 pips
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My telegram: https://t.me/avidforex
  • #674,506
  • Aug 10, 2022 5:47am Aug 10, 2022 5:47am
Quoting Houtbay
Closed my long and am short
We have a winner
  • #674,507
  • Aug 10, 2022 5:50am Aug 10, 2022 5:50am
Currently also long usdjpy and short audusd
  • #674,508
  • Aug 10, 2022 5:59am Aug 10, 2022 5:59am
Currently the market is kinda directionless. May be the market is expecting a softer CPI number. EU still bullish compared to GU. Better to trade post CPI data.
  • #674,509
  • Aug 10, 2022 6:02am Aug 10, 2022 6:02am
90 mins till playtime.
Insane in the Brain..
  • #674,510
  • Aug 10, 2022 6:03am Aug 10, 2022 6:03am
_________________ FYI =


US Inflation Data Due to be Released Today

Prepare for Market Moves!!



Traders seem to be sidelined before "US CPI Data" hit the market on Wednesday, 10th August at 15:30 GMT+3.
Don’t focus on making $$$, focus on protecting what you have.
  • #674,511
  • Aug 10, 2022 6:04am Aug 10, 2022 6:04am
No winners only egos
  • #674,512
  • Edited 7:00am Aug 10, 2022 6:06am | Edited 7:00am
Quoting Houtbay
No winners only egos
my ego gets a battering quite often on my loss trades

Insane in the Brain..
  • #674,513
  • Aug 10, 2022 6:08am Aug 10, 2022 6:08am
...testing bottom of that prev 1hr minor sw hi zone to current dly hi. Everything is a bit 'minor' it seems, this side of the data.

1hr below
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Trader with an Edge.
  • #674,514
  • Aug 10, 2022 6:08am Aug 10, 2022 6:08am
Gbpjpy currently long
  • #674,515
  • Aug 10, 2022 6:09am Aug 10, 2022 6:09am
I dont know why everyone shorting
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  • #674,516
  • Aug 10, 2022 6:09am Aug 10, 2022 6:09am
My bets are on gbpusd being bullish till the end of the day.
Risk Management is of utmost importance!
  • #674,517
  • Aug 10, 2022 6:11am Aug 10, 2022 6:11am
Gbpusd should retrace, however I still see it’s trend as upwards
  • #674,518
  • Aug 10, 2022 6:18am Aug 10, 2022 6:18am
Quoting GODofMC
I dont know why everyone shorting {image}
Bcos the trend is down. There can only be a spike up. The same condition repeating itself for the past 3days.
  • #674,519
  • Aug 10, 2022 6:21am Aug 10, 2022 6:21am
...breaking till data
---------------------------

The 2 x 3 fib clusters are still there...2145-50, and 2182-85 - in which Dly R3 resides as well (small range y/day affecting where these floor pivots are today.)
Trader with an Edge.
  • #674,520
  • Aug 10, 2022 6:27am Aug 10, 2022 6:27am
Quoting GODofMC
I dont know why everyone shorting {image}
Probably for the same reason why some are going LONG
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