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Cable Update (GBPUSD)

  • #675,921
  • Aug 16, 2022 6:52am Aug 16, 2022 6:52am
Quoting ScalaFX
{quote} Previous protected closed by SL, last longs from 2035 added 2020 2025, pendings every 10 pips down till 196, will be targeting 2160
Is the 2160 target possible? Of course, anything is possible from the market
There is nothing wrong with being kind & loving to each other
  • #675,922
  • Aug 16, 2022 7:01am Aug 16, 2022 7:01am
Quoting PatienceFx
yes i see plenty of double tops {image} {image}
You made me fell in love with Canadian girls bro
More time in the market, does not mean you trade better!
  • #675,923
  • Aug 16, 2022 7:04am Aug 16, 2022 7:04am
Khm. I shall refrain from guessing where the price should go. SL hit of course. Waveski said it the best. Flip a coin and go. With great money management you should be okey even without anything to look at.
  • #675,924
  • Aug 16, 2022 7:07am Aug 16, 2022 7:07am
short at 12018 but maybe a flip of the coin would be just as good
  • #675,925
  • Aug 16, 2022 7:08am Aug 16, 2022 7:08am
Quoting RaHaG0D
{quote} Is the 2160 target possible? Of course, anything is possible from the market
Look at H1 H4 is there nice imbalance zone, I think price can want to close this to end of month before next leg down, lets see
People don't plan to lose. They lose because they don't plan.
  • #675,926
  • Aug 16, 2022 7:10am Aug 16, 2022 7:10am
Quoting TheWolf
Khm. I shall refrain from guessing where the price should go. SL hit of course. Waveski said it the best. Flip a coin and go. With great money management you should be okey even without anything to look at.
Where's the maths behind that? If you factor in the spread then you will always lose!
Don't trade what you think. Just what you see!!!
  • #675,927
  • Aug 16, 2022 7:11am Aug 16, 2022 7:11am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 19 KB
yes yes yes
  • #675,928
  • Aug 16, 2022 7:12am Aug 16, 2022 7:12am
It is called slow burn. Price slowly moving down. Not a good sign for bulls. I am still holding my buy from 2035. Won't hesitate to cut if 2000 gives in. Not ready to give back my profits to the market. Not at all.

Both EU and GU missed their pivots today, especially EU which missed it by almost 30 pips or so. Either a heavy dump awaits or a climb back up. I hope for the latter.
  • #675,929
  • Aug 16, 2022 7:14am Aug 16, 2022 7:14am
Quoting ScalaFX
{quote} Look at H1 H4 is there nice imbalance zone, I think price can want to close this to end of month before next leg down, lets see
I think 2100-2110 is more likely for the price to return to 1.17-1.19.The higher the price, the more excited it is to fall, 1.216 is going to be very exciting. Let's see
There is nothing wrong with being kind & loving to each other
  • #675,930
  • Aug 16, 2022 7:16am Aug 16, 2022 7:16am
Quoting epzero
1.2007 is our low for today , I expect market to range and slowly buy back up
  • #675,931
  • Aug 16, 2022 7:18am Aug 16, 2022 7:18am
Quoting Chris_35
{quote} Im all out as too much sideways and not wanting any longs with NY in the game
Huh What do I know?
  • #675,932
  • Aug 16, 2022 7:18am Aug 16, 2022 7:18am
Good fake bears, now let me take yours profit from market
People don't plan to lose. They lose because they don't plan.
  • #675,933
  • Aug 16, 2022 7:21am Aug 16, 2022 7:21am
Quoting RaHaG0D
{quote} I think 2100-2110 is more likely for the price to return to 1.17-1.19.The higher the price, the more excited it is to fall, 1.216 is going to be very exciting. Let's see
RaHaG0D, here is my take ...After W"1-W:5 is in place the min target zone is 1.2110-1.2142
Attached Image (click to enlarge)
Click to Enlarge Name: GU 08.16 30M.png Size: 46 KB
Always trade your own plan...I don't provide trading signals.
  • #675,934
  • Aug 16, 2022 7:21am Aug 16, 2022 7:21am
Can't make any choice setup still down, but price look like want to retest today high
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2022-08-16-19-20-36-53_a068875e8d70110f8d1ec48729c67374.png Size: 80 KB
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #675,935
  • Aug 16, 2022 7:29am Aug 16, 2022 7:29am
Pending Short 1.2050... SL 1.2062

Attached Image (click to enlarge)
Click to Enlarge Name: 2-1.png Size: 40 KB
Stay low, Go fast - No luck, All skill
  • #675,936
  • Aug 16, 2022 7:30am Aug 16, 2022 7:30am
GU give me 2085 or 2090 and I will clap and dance for you.
  • #675,937
  • Aug 16, 2022 7:31am Aug 16, 2022 7:31am
Quoting bigiivan
Does anyone watch at GBP/CHF? It will be beautiful up move. Just watch it and enjoy it.
The train has already starts. I hope some people cought it.
  • #675,938
  • Aug 16, 2022 7:32am Aug 16, 2022 7:32am
Short in at 1.2034 target not looked yet but that candle at the top of the channel golden

Quick target them lows
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2022-08-16 132617.png Size: 23 KB
Don't trade what you think. Just what you see!!!
  • #675,939
  • Aug 16, 2022 7:32am Aug 16, 2022 7:32am
Quoting Coreg2004
{quote} RaHaG0D, here is my take ...After W"1-W:5 is in place the min target zone is 1.2110-1.2142 {image}
Hi Coreg2004. Thank you for your valuable post. I agree with your view. I think the range of 1.2110-1.214 is more likely to return the price
There is nothing wrong with being kind & loving to each other
  • #675,940
  • Aug 16, 2022 7:44am Aug 16, 2022 7:44am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 14 KB
yes yes yes
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