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Cable Update (GBPUSD)

  • #676,181
  • Aug 17, 2022 3:32am Aug 17, 2022 3:32am
Can we have a nice bull green daily candle for today…
Extreme gut feeling trader
  • #676,182
  • Aug 17, 2022 3:36am Aug 17, 2022 3:36am
Maybe a revisit of 12130 before the drop restarts
Insane in the Brain..
  • #676,183
  • Aug 17, 2022 3:37am Aug 17, 2022 3:37am
Quoting JameRomeo168
I think I should stay out of market until FOMC Meeting is finished. Market seems sloppy. I can't find any good set-up for ideal entry.
don’t expect too much from FOMC minutes. It’s not the main event just minutes.
Insane in the Brain..
  • #676,184
  • Aug 17, 2022 3:39am Aug 17, 2022 3:39am
The other possibility today is that we don’t get anywhere in London, and red news decides to smack the high again come us session. That would suck, but the resulting hit would almost definitely cause a dump.
  • #676,185
  • Edited 3:59am Aug 17, 2022 3:44am | Edited 3:59am
Quoting JereMi256
Bulls are still feeding, added short @2091
Added 2114
SL for all 1.2130
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Face 'ur fears & tame 'ur greed
  • #676,186
  • Aug 17, 2022 3:47am Aug 17, 2022 3:47am
long target 1.2135
Don't trade what you think. Just what you see!!!
  • #676,187
  • Aug 17, 2022 3:51am Aug 17, 2022 3:51am
Quoting BeeTogether
{quote} don’t expect too much from FOMC minutes. It’s not the main event just minutes.
may impact negatively usd red news today though it likely bullist next ! take care
anyway closed all long scalping to retake later till target and up . !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #676,188
  • Aug 17, 2022 4:00am Aug 17, 2022 4:00am
Quoting JereMi256
{quote} Added 2114 SL for all 1.2130 {image}
Edited!
Face 'ur fears & tame 'ur greed
  • #676,189
  • Aug 17, 2022 4:00am Aug 17, 2022 4:00am
Quoting Theoak
long target 1.2135
You need to pray to Boy Sminem to help you, watch this.
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https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 65.4%
  • #676,190
  • Aug 17, 2022 4:03am Aug 17, 2022 4:03am
Eurnzd long

tp 1.62143
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My telegram: https://t.me/avidforex
  • #676,191
  • Aug 17, 2022 4:11am Aug 17, 2022 4:11am
Moment of truth. Will Pound fall or not. I think this 15M candle should tell us everything.. This is either retracement of buy or big sell is coming. Let's see..
15M EUR/USD did a retrace of buy and is heading up as Moty suggested. Good job Moty!

Well, I'm done, thank you all and hope the future is kind to you! Farewell!!
  • #676,192
  • Aug 17, 2022 4:19am Aug 17, 2022 4:19am
For those confused, this is how I trade. I don't see the smallest buy here except I get a 4hr close above 2150. I have put my fibs. If price comes to 61.8% to 78.6%, short the hell out of it!

I am short. My SL is at 2170. 2150 is enough but I just put it at 2170 in case of stupid spikes!
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  • #676,193
  • Aug 17, 2022 4:20am Aug 17, 2022 4:20am
Quoting TheWolf
Moment of truth. Will Pound fall or not. I think this 15M candle should tell us everything.. This is either retracement of buy or big sell is coming. Let's see.. 15M EUR/USD did a retrace of buy and is heading up as Moty suggested. Good job Moty! Well, I'm done, thank you all and hope the future is kind to you! Farewell!!
its all. bit messy today... the real temptation is to not do anything until NYO as LO has done diddly squat especially after the eye watering inflation numbers
Insane in the Brain..
  • #676,194
  • Aug 17, 2022 4:27am Aug 17, 2022 4:27am
Quoting BeeTogether
{quote} its all. bit messy today... the real temptation is to not do anything until NYO as LO has done diddly squat especially after the eye watering inflation numbers
Still sideways now maybe due to waiting for the US Core retail sales, in my experience the price can spike greatly, one way or the other.
In a way, me staying in the ongoing trade from yesterday prevented me from overtrade in messy condition like this, SL or TP doesn't really matter, I am just following system, take what market gives, gives back to market when time comes, in the long run still making money then ok, after all my system has been tested for many months before going live.
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 65.4%
  • #676,195
  • Aug 17, 2022 4:43am Aug 17, 2022 4:43am
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yes yes yes
  • #676,196
  • Aug 17, 2022 5:10am Aug 17, 2022 5:10am
Too rangey for me, I won't be trading moves on the daily or even 4H until we see a convincing break of either 1.23 or 1.2
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Until then will just be playing around on the fast charts scalping
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  • #676,197
  • Aug 17, 2022 5:10am Aug 17, 2022 5:10am
USDJPY LONG
Target 135.850
My telegram: https://t.me/avidforex
  • #676,198
  • Aug 17, 2022 5:15am Aug 17, 2022 5:15am
Boring PA waiting for news. I hate that it's giving bulls false hope of slaughter.
Face 'ur fears & tame 'ur greed
  • #676,199
  • Aug 17, 2022 5:19am Aug 17, 2022 5:19am
Inflation in Britain has not peaked, and GBPUSD is far from the bottom


While in the US and Canada, economists, and politicians behind them, are talking about the peak of inflation, in the UK this moment is just ahead. Annual inflation entered double-digit territory, amounting to 10.1%.
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IgorFX
  • #676,200
  • Aug 17, 2022 5:37am Aug 17, 2022 5:37am
Hasn't gone anywhere this session. Guess it's going to be fireworks in the next one.
Sigh... Looks like another game of pendings....
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