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Cable Update (GBPUSD)

  • #675,241
  • Aug 12, 2022 3:21am Aug 12, 2022 3:21am
Quoting Reverso
{quote} Are you bogdanoff? Looks like bogdanoff has taken over your body for a minute to type this reply to me, yes mi lord, sacrifice a drop of blood i shall.
Don't use too much its very powerful... you sure you can handle it!!!!
Don't trade what you think. Just what you see!!!
  • #675,242
  • Aug 12, 2022 3:24am Aug 12, 2022 3:24am
Quoting TheWolf
Price shouldn't stall anymore, no Support close whatsoever... should be a free fall.
Please elaborate what do you see in your vision?
What gives you so much confidence that it will be free fall? I like to learn.
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 50.4%
  • #675,243
  • Aug 12, 2022 3:27am Aug 12, 2022 3:27am
Quoting Wavegarrick
{quote} With basically 2 trading days to go for the mid point of the 3rd quarter it is no Coincidence that we are sitting at 1.22500 which is the half way mark between 1.20000 and 1.25000. I think we could close the week around this area. Trade well, Cheers. {image}
My daily support 1 @ 1.21673 and my 50% fib retrace of the weekly low to high at 1.21612. Looking to add a buy trade around this area.
Take care.
Trade to trade another day
  • #675,244
  • Aug 12, 2022 3:29am Aug 12, 2022 3:29am
Quoting Reverso
{quote} Please elaborate what do you see in your vision? What gives you so much confidence that it will be free fall? I like to learn.
"My" system. I'll show you with charts. See you soon!
  • #675,245
  • Aug 12, 2022 3:35am Aug 12, 2022 3:35am
A decent bounce back from the daily S1 line. A break below will be interesting for the time being it’s ping pong
Insane in the Brain..
  • #675,246
  • Aug 12, 2022 3:35am Aug 12, 2022 3:35am
Quoting Reverso
{quote} I don't like the way the candle pull all the way back up at the last minute, but technically still a valid entry because it closed below Daily lower key level. Entered Short a moment ago, entry 1.21810, SL 1.22066, TP 1.21426. With the long down wick in my entry candle, there is potential for price to reverse a V bottom to the upside from here, continuing the Range play. But for now, my position is in profit, I will continue to monitor the price structure of the candles after my entry to see if my confidence erodes, a firm close below 1.21769...
I expected red candle today, maybe NY session will hit. But not sure
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #675,247
  • Aug 12, 2022 3:35am Aug 12, 2022 3:35am
Quoting JereMi256
Short @1.2200 Will add higher SL and TP pending...
Partials taken +25pips
Face 'ur fears & tame 'ur greed
  • #675,248
  • Aug 12, 2022 3:35am Aug 12, 2022 3:35am
GBPUSD 1 mn
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  • #675,249
  • Aug 12, 2022 3:37am Aug 12, 2022 3:37am
switched to long
took 77 $profit , was in 108 $ at daily s1 but didn't take there because I'm greedy
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yes yes yes
  • #675,250
  • Edited 3:56am Aug 12, 2022 3:37am | Edited 3:56am
Quoting Reverso
{quote} Please elaborate what do you see in your vision? What gives you so much confidence that it will be free fall? I like to learn.
Identifying Trend

GBP/USD Daily TF, until the zone is broken this remains DownTrend.

The thing about identifying the trends is inevitable for good judgement. By identifying trends you can identify weak and strong currencies. As trends change, so does the strenght of currencies. Policy should be, sell weakest, buy strongest long term until trend is over.

15M GBP/USD. Candle hitting MA and bouncing off, usually great sign sell will continue.
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  • #675,251
  • Aug 12, 2022 3:44am Aug 12, 2022 3:44am
Quoting TheWolf
{quote} Identifying Trend {image}
Excuse my ordinary IQ, I can't seem to get your point other than a simple picture telling me which pairs what trend on Daily TF.
I prefer to hear the basis leading to the conclusion, rather than getting a straight end product answer without knowing why.
Maybe you have more info to share, the picture is only 1 of them?

EDIT: I see you edited the post after a while, adding the chart there.
How likely is the zone is not able to broken?
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 50.4%
  • #675,252
  • Aug 12, 2022 3:46am Aug 12, 2022 3:46am
Quoting Reverso
{quote} Excuse my ordinary IQ, I can't seem to get your point other than a simple picture telling me which pairs what trend on Daily TF. I prefer to hear the basis leading to the conclusion, rather than getting a straight end product answer without knowing why. Maybe you have more info to share, the picture is only 1 of them? EDIT: I see you edited the post after a while, adding the chart there. How likely is the zone is not able to broken?
More to come..
Added one more.
  • #675,253
  • Aug 12, 2022 3:58am Aug 12, 2022 3:58am
Quoting Theoak
{quote} Me2 If you don't know your target how can you back test? I do both has I find trailing gives you a powerful tool .... psychologically safe!!
Partials give me a relief incase the trade bounces back up.
I like trialing too, but i'm not so used to it.

Quoting Theoak
{quote} Me2 If you don't know your target how can you back test? I do both has I find trailing gives you a powerful tool .... psychologically safe!!
I see some potential of reaching 1.206 today and further down next week.
Face 'ur fears & tame 'ur greed
  • #675,254
  • Aug 12, 2022 4:03am Aug 12, 2022 4:03am
Will be interesting to see if this new low holds or not.

..and nope.

The range couldn't clear 2277, so a drop was built into the range
  • #675,255
  • Aug 12, 2022 4:05am Aug 12, 2022 4:05am
Resist going long now.
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  • #675,256
  • Aug 12, 2022 4:06am Aug 12, 2022 4:06am
Good Morning!
I'm bearish on both eurusd and gbpusd!
Go my wonderful bears! And bring me the pips!

Risk Management is of utmost importance!
  • #675,257
  • Aug 12, 2022 4:07am Aug 12, 2022 4:07am
Quoting Reverso
{quote} Excuse my ordinary IQ, I can't seem to get your point other than a simple picture telling me which pairs what trend on Daily TF. I prefer to hear the basis leading to the conclusion, rather than getting a straight end product answer without knowing why. Maybe you have more info to share, the picture is only 1 of them? EDIT: I see you edited the post after a while, adding the chart there. How likely is the zone is not able to broken?
This line indicates trend is very near reversal. If it's above candles and other lines it suggests downtrend and vice versa. High potential for reversal on GBP/USD.
There are a ton of TF, to be honest Daily seems to be the best for trends so yeah, I think we're close for price to start moving up. I just doubt it will happen today or other week due to the CPI forecast of 9.9%..
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  • #675,258
  • Aug 12, 2022 4:11am Aug 12, 2022 4:11am
Quoting RCtrader
Good Morning! I'm bearish on both eurusd and gbpusd! Go my wonderful bears! And bring me the pips!
We just have to Bear with it now that Bears took over, finally...
  • #675,259
  • Aug 12, 2022 4:13am Aug 12, 2022 4:13am
and there we go...round 2
Blank and Empty
  • #675,260
  • Aug 12, 2022 4:13am Aug 12, 2022 4:13am
GU next target 1.213. Sadly not in the trade. Missed the right entry point.
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