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Cable Update (GBPUSD)

  • #675,801
  • Aug 16, 2022 2:14am Aug 16, 2022 2:14am
come on mister aussi
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yes yes yes
  • #675,802
  • Aug 16, 2022 2:16am Aug 16, 2022 2:16am
Quoting Theoak
Short in at 1.2034 target 1.2023
Still have a little runner on this one there is a target just below 1.2000, but I'm going for the round number!!
Don't trade what you think. Just what you see!!!
  • #675,803
  • Aug 16, 2022 2:18am Aug 16, 2022 2:18am
GU can go as low as 1945 in a hurry
  • #675,804
  • Aug 16, 2022 2:19am Aug 16, 2022 2:19am
Quoting Mitiblotch
I mentioned the 2020 target since Monday or so and now it has hit! How are you bulls doing? I have joined you with a long at 2020 just for fun. I don't see much here but I love the rhyme or synchronicity that 2020 has. I am not committed to you bulls and will jump out at the slightest hint of turbulence. So, 20-50 pips is enough for me to TP. @Theoak, good trade there!
my longs at 12050 are in trouble lol however a rise before another drop would work well for me lol.
Insane in the Brain..
  • #675,805
  • Aug 16, 2022 2:20am Aug 16, 2022 2:20am
Quoting PatienceFx
GU can go as low as 1945 in a hurry
buy limit 1950 placed
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  • #675,806
  • Aug 16, 2022 2:22am Aug 16, 2022 2:22am
Quoting Nordling
Added to my GU shorts: {image}
Update after 15 days:

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You have to have an IQ higher than 90 to interact with this user.
  • #675,807
  • Aug 16, 2022 2:23am Aug 16, 2022 2:23am
dx broke last weekly high 106.655
it will go to the top
gu will fall to 1.18780 area again
s&p is at res area
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yes yes yes
  • #675,808
  • Aug 16, 2022 2:24am Aug 16, 2022 2:24am
London opened, today's plan as follows (M15 timeframe):

Clear bearish bias, price below daily pivot of 1.20686 - 1.20991, potential entries as follows:

1. Short - if closed below daily lower key level 1.20013, SL 1.20447.

2. Short - if rejected off daily upper key level 1.20570, SL recent high, or alternatively use upper end of daily pivot as SL if you want a wider SL.

3. Short - if rejected off daily pivot area of 1.20686 - 1.20991, SL will be upper end of daily pivot 1.20991.

4. Long - if closed above daily pivot upper level of 1.20991, SL will be lower end of daily pivot 1.20686.

Current price approaching scenario 1 now, likely will materialize soon.

EDIT: Long term pivot 1.18985 - 1.19624 is quite near to current price, there is a risk if take the Short trade in scenario no.1, TP might not hit and bounce off the long term pivot to the upside, I expect downtrend will end in near future and resume the overall uptrend.
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 63.7%
  • #675,809
  • Aug 16, 2022 2:24am Aug 16, 2022 2:24am
Quoting BeeTogether
{quote} my longs at 12050 are in trouble lol however a rise before another drop would work well for me lol.
The market is in a hurry to reach low prices
There is nothing wrong with being kind & loving to each other
  • #675,810
  • Aug 16, 2022 2:28am Aug 16, 2022 2:28am
Quoting ScalaFX
{quote} Next limits active all till 2030 now waiting .
Like expected, market wants cheap price, added 2015 few pendings more under
People don't plan to lose. They lose because they don't plan.
  • #675,811
  • Aug 16, 2022 2:29am Aug 16, 2022 2:29am
Quoting Inthebox
{quote} short continuation. just keep on shorting. but note time of day - do it during london or new york session. {image}
continue to short today.
as of now, i do not know what to do next.
just observe near 1.20 round number.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #675,812
  • Aug 16, 2022 2:32am Aug 16, 2022 2:32am
Quoting RaHaG0D
{quote} The market is in a hurry to reach low prices
If it really in hurry, then something like bull waiting under
And look like a clear rejection.
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #675,813
  • Aug 16, 2022 2:34am Aug 16, 2022 2:34am
Quoting GODofMC
{quote} If it really in hurry, then something like bull waiting under
There is nothing wrong with being kind & loving to each other
  • #675,814
  • Aug 16, 2022 2:35am Aug 16, 2022 2:35am
1.20000 is imamate
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yes yes yes
  • #675,815
  • Aug 16, 2022 2:37am Aug 16, 2022 2:37am
Quoting Moty
1.20000 is imamate {image}
totally agree.. and once broken a lower low too. Looking for an entry now
Insane in the Brain..
  • #675,816
  • Aug 16, 2022 2:37am Aug 16, 2022 2:37am
Quoting Theoak
{quote} Still have a little runner on this one there is a target just below 1.2000, but I'm going for the round number!!
Still in this one, but watching how price act off the resistance at 1.2035 if it pushes down, going to add to short then put stops just above... Then bulls prove me wrong!|
Don't trade what you think. Just what you see!!!
  • #675,817
  • Aug 16, 2022 2:38am Aug 16, 2022 2:38am
Quoting GODofMC
{quote} If it really in hurry, then something like bull waiting under And look like a clear rejection.
https://mumbaimirror.indiatimes.com/...w/74801791.cms
  • #675,818
  • Aug 16, 2022 2:39am Aug 16, 2022 2:39am
I believe this psychological level of 1.20000 would reverse the market to the upside.
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  • #675,819
  • Aug 16, 2022 2:40am Aug 16, 2022 2:40am
used the retrace to place a fresh short for 1985
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  • #675,820
  • Aug 16, 2022 2:44am Aug 16, 2022 2:44am
This is usual when London opens.

Wait for London 4hr to open.
Intraday only.
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