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Cable Update (GBPUSD)

  • #677,321
  • Aug 22, 2022 2:18am Aug 22, 2022 2:18am
Quick post as I'm in my day job now.
Reject off 1.18300 or 1.18374, qualify as short, SL 1.18637 or recent high for a tighter stop.

Or can go Short if closed below lower key level 1.17891, SL 1.18176.
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  • #677,322
  • Aug 22, 2022 2:20am Aug 22, 2022 2:20am
Quoting Matej.FX
So far very convincing that the trend continues. How's that buy going on friends? You'll learn to follow the trend whether you like it or not, sooner then later. GBP/JPY flying towards LL.
I wouldn't be in such a hurry to conclude the market's direction is set in stone. Humility has a way of teaching us as forcefully as you are so sure...
  • #677,323
  • Aug 22, 2022 2:21am Aug 22, 2022 2:21am
watching supports 1791/1759 r 1680 may react successfully for just break signal 1857 to try 1893. let try for supports first! take care
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #677,324
  • Aug 22, 2022 2:22am Aug 22, 2022 2:22am
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  • #677,325
  • Aug 22, 2022 2:28am Aug 22, 2022 2:28am
Quoting Matej.FX
If the price bounces off LL then so be it. However, way more often I will be right by following the trend then to call for reversal's all the time while the price keeps making new LL.
In certain regards you're definitely spot on there
  • #677,326
  • Aug 22, 2022 2:28am Aug 22, 2022 2:28am
Quoting PatienceFx
{image}
looks not ready yet for sell , watching for a top failure arounds 138.60 , above 137.45. take care
breaking smaller tf may get support below 136.73 arounds 136.48/35 or 20.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 12 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #677,327
  • Aug 22, 2022 2:29am Aug 22, 2022 2:29am
Lol some of us learners are exclusively dedicated to a single pair: GU
  • #677,328
  • Aug 22, 2022 2:33am Aug 22, 2022 2:33am
Quoting Matej.FX
Even if you get a buy you're just being lucky as trend can continue anytime. This kind of trading will never make you profitable in the long run anyways.
Nobody will listen to you mate. They want to make quick and big money by try to do reversal trading. Some of them don't even use stop loss. Look how many people got wiped out and in drawdown on Friday by do counter-trend trading. This will repeat soon.
With courage, patience, and discipline, success is a matter of time.
  • #677,329
  • Aug 22, 2022 2:41am Aug 22, 2022 2:41am
Lolzz funny how new members are already getting annoyed hahaa
  • #677,330
  • Aug 22, 2022 2:42am Aug 22, 2022 2:42am
Cable bouncing along the 1180 lines without much of a push up. The areas we’ve all mentioned recently 119-119-11940 look very distant to me. Seems to be light on data today so it could just follow levels of technicals
Insane in the Brain..
  • #677,331
  • Aug 22, 2022 2:42am Aug 22, 2022 2:42am
Quoting Theoak
I don't think we can make any prediction until we see some candles Monday, but either way its not looking good for Cable!
Not looking good for cable. I'm not in, but might be soon.. I'm in some different pairs. I'm kind of hoping it will get some bulls from somewhere, but put it this way I'm glad I'm not long!
Don't trade what you think. Just what you see!!!
  • #677,332
  • Aug 22, 2022 2:46am Aug 22, 2022 2:46am
Quoting Matej.FX
{quote} That's definitely not a bad strategy, because you will have way more insights then. Looking at more pairs isn't easy, and chance of missing potential trade is higher. Just like when pro poker players play on multi tables..
share ur chart and analysis bro..dont just talk
  • #677,333
  • Aug 22, 2022 2:47am Aug 22, 2022 2:47am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 17 KB
yes yes yes
  • #677,334
  • Aug 22, 2022 2:57am Aug 22, 2022 2:57am
well, 1765 is next
Intraday only.
  • #677,335
  • Aug 22, 2022 3:00am Aug 22, 2022 3:00am
Quoting navk
well, 1765 is next
Could be…. The bulls are on summer holidays it seems
Insane in the Brain..
  • #677,336
  • Aug 22, 2022 3:01am Aug 22, 2022 3:01am
G/M, a small dip below Fri/last week's lo and price has gone deeper into the dly/wkly parts of the prev 1hr/4hr/dly/wkly sw lo zone that extends down to 1759 the current yrly lo....1hr/4hr parts of that start just below current lo.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
Trader with an Edge.
  • #677,337
  • Edited 6:41am Aug 22, 2022 3:05am | Edited 6:41am
Long @1.1787
TP open, SL pending...

SL 1.1767
Face 'ur fears & tame 'ur greed
  • #677,338
  • Aug 22, 2022 3:07am Aug 22, 2022 3:07am
Quoting JereMi256
Long @1.787 TP & SL open
time to power up the rockets to 11850 at least
Insane in the Brain..
  • #677,339
  • Aug 22, 2022 3:12am Aug 22, 2022 3:12am
double-tap day. Looking for a buy opportunity here.
  • #677,340
  • Aug 22, 2022 3:13am Aug 22, 2022 3:13am
the price most probably will not reverse b4 testing s1 having broken the lows of friday
Intraday only.
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