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Cable Update (GBPUSD)

  • #676,221
  • Aug 17, 2022 6:49am Aug 17, 2022 6:49am
Cable long at 1.20650
  • #676,222
  • Aug 17, 2022 6:50am Aug 17, 2022 6:50am
Quoting JereMi256
Long 1.2065 TP & SL manual
You can be lucky, nice QM at H1 chart, but I dont trading this becouse strong downtrend, wish you the best!
People don't plan to lose. They lose because they don't plan.
  • #676,223
  • Aug 17, 2022 6:51am Aug 17, 2022 6:51am
Quoting Mitiblotch
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! {image}
Hopefully those who consider my posts took this short trade. Out of my shorts at 2066. Good profit!
  • #676,224
  • Aug 17, 2022 6:51am Aug 17, 2022 6:51am
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IgorFX
  • #676,225
  • Aug 17, 2022 6:52am Aug 17, 2022 6:52am
Quoting JereMi256
Long 1.2065 TP & SL manual
My sixth sense is now in play

Time to counter trade plan


Quoting ScalaFX
{quote} You can be lucky, nice QM at H1 chart, but I dont trading this becouse strong downtrend, wish you the best!
I am counting on QM and that 1H kink
Face 'ur fears & tame 'ur greed
  • #676,226
  • Aug 17, 2022 6:56am Aug 17, 2022 6:56am
Gbpusd long term trend is up
  • #676,227
  • Aug 17, 2022 6:57am Aug 17, 2022 6:57am
Quoting JereMi256
Long 1.2065 TP & SL manual
Looks to be right entry.

My stop 2060
Intraday only.
  • #676,228
  • Aug 17, 2022 6:59am Aug 17, 2022 6:59am
https://news.yahoo.com/inflation-ban...084227550.html

Quote
“The immediate market reaction was a 20 pips rally in sterling-dollar on the signal more will need to be done by the BoE to tighten monetary conditions, with a 0.5% rate rise in September now being fully priced in by markets. The spike higher in sterling has already begun to fade and the double bottom formed at $1.20 this month remains as key support level,” he said.

Next rate hike is fully priced in, unless the BOE becomes more hawkish than expected. Until then, GBP may fail to rally.
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #676,229
  • Aug 17, 2022 7:00am Aug 17, 2022 7:00am
Quoting JereMi256
{quote} My sixth sense is now in play Time to counter trade plan {quote} I am counting on QM and that 1H kink
Ok im in too SL under curent h1 low, shorts protected so lets go
People don't plan to lose. They lose because they don't plan.
  • #676,230
  • Aug 17, 2022 7:00am Aug 17, 2022 7:00am
Jeremi out of interest where is your tp.
  • #676,231
  • Aug 17, 2022 7:02am Aug 17, 2022 7:02am
Quoting ScalaFX
{quote} You can be lucky, nice QM at H1 chart, but I dont trading this becouse strong downtrend, wish you the best!
but then h4 QM in motion.
anyway, let the siblings resolve the issue.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #676,232
  • Aug 17, 2022 7:03am Aug 17, 2022 7:03am
Quoting ScalaFX
{quote} Ok im in too SL under curent h1 low, shorts protected so lets go
Scalping is fun! Enjoy the bull ride budd
Face 'ur fears & tame 'ur greed
  • #676,233
  • Aug 17, 2022 7:05am Aug 17, 2022 7:05am
Price took out the Daily pivot lower level 1.20626, just dipped below it a bit, then bounced back with a Bullish engulfing, seems not wanting to close below it and start a downtrend.

A close above 1.20826 will be a valid Long, SL 1.20626, there are 2 more M15 candles to print before the Retail sales high impact news, let's see if the market able to close above 1.20826 and give me an entry before the news.
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https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 50.4%
  • #676,234
  • Aug 17, 2022 7:07am Aug 17, 2022 7:07am
Where is price heading. Any thoughts?
  • #676,235
  • Aug 17, 2022 7:11am Aug 17, 2022 7:11am
Quoting Houtbay
Where is price heading. Any thoughts?
I fancy a short to 1.2050 or maybe a long to 1.2144, but lets wait till 1.30
Don't trade what you think. Just what you see!!!
  • #676,236
  • Aug 17, 2022 7:12am Aug 17, 2022 7:12am
Quoting Houtbay
Jeremi out of interest where is your tp.
I taminated my main plan prematurely, this new plan is so manual, i can profit/cut loss from anywhere i find fit for my daily target.

However, i see potential of reaching 1.218 today if we get a break of 1.215.
Face 'ur fears & tame 'ur greed
  • #676,237
  • Aug 17, 2022 7:12am Aug 17, 2022 7:12am
Quoting Reverso
... and give me an entry before the news. {image}
PATIENCE...Don't guess let the market come to you...
...because you never know - until you do!
  • #676,238
  • Aug 17, 2022 7:13am Aug 17, 2022 7:13am
Quoting fxsport
{quote} PATIENCE...Don't guess let the market come to you...
okay
  • #676,239
  • Aug 17, 2022 7:13am Aug 17, 2022 7:13am
Quoting Inthebox
{quote} but then h4 QM in motion. anyway, let the siblings resolve the issue. {image}
Structure is not clear for this, however might works, is still some imbalance higher to fill and then can drop straight, lets see
People don't plan to lose. They lose because they don't plan.
  • #676,240
  • Aug 17, 2022 7:14am Aug 17, 2022 7:14am
Quoting JereMi256
{quote} I taminated my main plan prematurely, this new plan is so manual, i can profit/cut loss from anywhere i find fit for my daily target. However, i see potential of reaching 1.218 today if we get a break of 1.215.
You dream big.

I'm just waiting for a break above 1.2100
...because you never know - until you do!
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