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Cable Update (GBPUSD)

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  • Post #675,001
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  • Aug 11, 2022 10:03am Aug 11, 2022 10:03am
  •  Reverso
  • Joined Apr 2022 | Status: Member | 516 Posts
Quoting Reverso
Disliked
{quote} Entered Long a moment ago, entry 1.22162, SL 1.21930, TP 1.22509
Ignored
Although the news didn't do much, but the few candles after that continued to be bullish, almost hitting TP now, I believe it will be hit in near future.
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GBPUSD only, M15 timeframe only. Fixed SL (-2.50%) & TP (+3.75%), R/R: 1.5x
 
1
  • Post #675,002
  • Quote
  • Aug 11, 2022 10:07am Aug 11, 2022 10:07am
  •  epzero
  • Joined Oct 2019 | Status: Member | 1,003 Posts
Quoting epzero
Disliked
new 4H sellers can have a little pullback to escape before another buy rally starts
Ignored
As it should
 
1
  • Post #675,003
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  • Aug 11, 2022 10:07am Aug 11, 2022 10:07am
  •  Reverso
  • Joined Apr 2022 | Status: Member | 516 Posts
Quoting Jolita
Disliked
{quote} Never heard of them before. Their plastic ops are worrying, please do not copy. Both passed away from Covid 19.
Ignored
Yup, they passed due to Covid, they will be remembered fondly by those who knew them.
They actually are aware of us using them as meme, portraying them as omnipotent being that can manipulate market at will, one day they put out a Twitter Poll asking us if they should be Pumping or Dumping Bitcoin, they are such lovable people, the plastic surgery aside.
GBPUSD only, M15 timeframe only. Fixed SL (-2.50%) & TP (+3.75%), R/R: 1.5x
 
1
  • Post #675,004
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  • Aug 11, 2022 10:09am Aug 11, 2022 10:09am
  •  epzero
  • Joined Oct 2019 | Status: Member | 1,003 Posts
Quoting epzero
Disliked
{quote} 218 can't be broken so buying all the way to 226
Ignored
Well played, buying the dip will get you on profit all week
 
1
  • Post #675,005
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  • Aug 11, 2022 10:10am Aug 11, 2022 10:10am
  •  GODofMC
  • Joined Feb 2020 | Status: Member | 487 Posts
Quoting navk
Disliked
{quote} Good work.
Ignored
It's hard to be a good trader

Quoting boodvah
Disliked
{quote} from your pic it looks like it wants crashy crashy
Ignored
USD? Yeah, but tomorrow is friday, and news data seems good to SELL GBP and buying some dollar so it could be double bottom if the data act as forcasted

Unless tomorrow data already priced in today it could be different matter for GU
Mustaqim Alfarabi, Road To +2900
MC Master Pips Today: na
 
3
  • Post #675,006
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  • Aug 11, 2022 10:15am Aug 11, 2022 10:15am
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 7,264 Posts
Quoting Mitiblotch
Disliked
I have a feeling this thing wants to run back to yesterday's high at least and maybe hit 1.2300, who knows. See that last 30min candle, see the volume (see red arrows)? I don't sell such things in a haste. {image}
Ignored
And truly that candle had some bull power as I suspected.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
1
  • Post #675,007
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  • Aug 11, 2022 10:22am Aug 11, 2022 10:22am
  •  Fardeen1209
  • Joined Jul 2021 | Status: Rookie | 1,247 Posts | Online Now
FTSE 100
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Do they know something we dont?
One thing i'm sure is that the capital flow is not leaving UK.
May be the funds is flowing from riskier assests(stocks) to safer assets gilts? Before GDP report!
Trade at good levels or no trade at all!
 
2
  • Post #675,008
  • Quote
  • Aug 11, 2022 10:26am Aug 11, 2022 10:26am
  •  Theoak
  • Joined Apr 2019 | Status: Member | 5,492 Posts
Long 1.2244 target 1.2260
Don't trade what you think. Just what you see!!!
 
3
  • Post #675,009
  • Quote
  • Aug 11, 2022 10:28am Aug 11, 2022 10:28am
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 5,975 Posts
Quoting Fardeen1209
Disliked
FTSE 100 {image}Do they know something we dont? One thing i'm sure is that the capital flow is not leaving UK. May be the funds is flowing from riskier assests(stocks) to safer assets gilts? Before GDP report!
Ignored
Could happen. The gdp report could be really damming for the pound. However maybe it’s already priced in somehow
 
2
  • Post #675,010
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  • Aug 11, 2022 10:30am Aug 11, 2022 10:30am
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,658 Posts
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  • Post #675,011
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  • Aug 11, 2022 10:31am Aug 11, 2022 10:31am
  •  Fardeen1209
  • Joined Jul 2021 | Status: Rookie | 1,247 Posts | Online Now
Quoting BeeTogether
Disliked
{quote} Could happen. The gdp report could be really damming for the pound. However maybe it’s already priced in somehow
Ignored
Yeah, the QoQ -0.2% BOE forecast.
But may be the report is worst than expected, and Big banks start positioning themselves!
Trade at good levels or no trade at all!
 
2
  • Post #675,012
  • Quote
  • Aug 11, 2022 10:42am Aug 11, 2022 10:42am
  •  Katanashino
  • | Joined Mar 2020 | Status: Member | 68 Posts
Now GU starts dropping again
Moty, we need your hammer!
 
2
  • Post #675,013
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  • Aug 11, 2022 10:43am Aug 11, 2022 10:43am
  •  GODofMC
  • Joined Feb 2020 | Status: Member | 487 Posts
Quoting Moty
Disliked
{image}
Ignored
Your hammer look like coming this time moty , that big alien hammer
Mustaqim Alfarabi, Road To +2900
MC Master Pips Today: na
 
2
  • Post #675,014
  • Quote
  • Aug 11, 2022 10:45am Aug 11, 2022 10:45am
  •  Robinhood1
  • Joined Dec 2011 | Status: Postmaster | 10,008 Posts
Quoting Robinhood1
Disliked
USDCHF. Bottoming now 0.9380/85 Major low
Ignored
Numerology
 
2
  • Post #675,015
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  • Aug 11, 2022 10:47am Aug 11, 2022 10:47am
  •  Reverso
  • Joined Apr 2022 | Status: Member | 516 Posts
Quoting Reverso
Disliked
{quote} Although the news didn't do much, but the few candles after that continued to be bullish, almost hitting TP now, I believe it will be hit in near future. {image}
Ignored
It sucks when the price is so close to the TP, 4 candles having wicks almost hitting it, I was planning to just take the profit and run away after I brush my teeth, after I'm done brushing I am left with less than half TP remaining, I guess I just need to continue holding it and let it play out.
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GBPUSD only, M15 timeframe only. Fixed SL (-2.50%) & TP (+3.75%), R/R: 1.5x
 
2
  • Post #675,016
  • Quote
  • Aug 11, 2022 10:48am Aug 11, 2022 10:48am
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,658 Posts
finally
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4
  • Post #675,017
  • Quote
  • Aug 11, 2022 10:48am Aug 11, 2022 10:48am
  •  Theoak
  • Joined Apr 2019 | Status: Member | 5,492 Posts
Quoting Theoak
Disliked
Long 1.2244 target 1.2260
Ignored
Well that wasn't good!!
Don't trade what you think. Just what you see!!!
 
1
  • Post #675,018
  • Quote
  • Aug 11, 2022 10:51am Aug 11, 2022 10:51am
  •  epzero
  • Joined Oct 2019 | Status: Member | 1,003 Posts
Quoting Theoak
Disliked
{quote} Well that wasn't good!!
Ignored
Never buy the high it will always get you worried before price reaches
 
1
  • Post #675,019
  • Quote
  • Aug 11, 2022 10:55am Aug 11, 2022 10:55am
  •  GODofMC
  • Joined Feb 2020 | Status: Member | 487 Posts
Quoting Theoak
Disliked
{quote} Well that wasn't good!!
Ignored
Look like top this day, glad im taking at 45. If this price come again i'll sell and hold( if i can) till London Open tomorrow m1 formed a wick, look like rejection from asians box. But if trying there once again . . .
I expected tomorrow data already priced in,
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a little update, price went back to 30, as if want to retest high. But still risky bet to BUY, as typing want to test that asian box again
Mustaqim Alfarabi, Road To +2900
MC Master Pips Today: na
 
 
  • Post #675,020
  • Quote
  • Aug 11, 2022 10:56am Aug 11, 2022 10:56am
  •  Jolita
  • Joined Jan 2012 | Status: Unlimited | 3,151 Posts
Quoting Reverso
Disliked
{quote} Yup, they passed due to Covid, they will be remembered fondly by those who knew them. They actually are aware of us using them as meme, portraying them as omnipotent being that can manipulate market at will, one day they put out a Twitter Poll asking us if they should be Pumping or Dumping Bitcoin, they are such lovable people, the plastic surgery aside.
Ignored
Yes, I was just reading about them NY Times, con artists.
https://www.nytimes.com/2022/01/07/w...-dead.amp.html

Surprisingly high childhood IQ - 190. Made me take a test, I am within a range of 128 to 144, nearly a genius
 
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