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Cable Update (GBPUSD)

  • #677,501
  • Aug 22, 2022 11:20am Aug 22, 2022 11:20am
I think history will repeat like 8th June-14th June if you look at the daily chart closely. I think tomorrow or Wednesday will be final day of down move to 1.16 or 1.1560
and will bounce back 500 pips for couple of weeks before down further to Covid-19 pandemic era support. (I could be wrong as nothing is true 100% in markets.)
With courage, patience, and discipline, success is a matter of time.
  • #677,502
  • Aug 22, 2022 11:21am Aug 22, 2022 11:21am
Is it too early to say retrace time?
Insane in the Brain..
  • #677,503
  • Aug 22, 2022 11:24am Aug 22, 2022 11:24am
Quoting BeeTogether
Is it too early to say retrace time?
Some down again when tokyo opens.

Then look for buy.
Intraday only.
  • #677,504
  • Aug 22, 2022 11:24am Aug 22, 2022 11:24am
Quoting BeeTogether
Is it too early to say retrace time?
maybe
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2022-08-22_12-24-14.png Size: 35 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #677,505
  • Aug 22, 2022 11:25am Aug 22, 2022 11:25am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 14 KB
yes yes yes
  • #677,506
  • Aug 22, 2022 11:25am Aug 22, 2022 11:25am
Quoting Theoak
{quote} I realized that there are scalper and also swing traders. I will have to be a bit more careful before I posting. I tried to delete it straight away, within 10 seconds. I will post when I short again...
You released Boy Sminem from the cage? 2 big green M15 candle wiped all my profits!
I'll see it thru anyway, i follow my system religiously, it's the only way for consistent profit, win some lose some, part of the game.
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 50.4%
  • #677,507
  • Aug 22, 2022 11:25am Aug 22, 2022 11:25am
Quoting BeeTogether
Is it too early to say retrace time?
This quick pull back augurs well for retrace.
Intraday only.
  • #677,508
  • Aug 22, 2022 11:28am Aug 22, 2022 11:28am
Quoting eyefeelsix
{quote} test drive for the bull 10p risk TP open {image}
Did you measure the waves? Because im clueless about this extension
  • #677,509
  • Aug 22, 2022 11:32am Aug 22, 2022 11:32am
I hope again down retrace today low
  • #677,510
  • Aug 22, 2022 11:38am Aug 22, 2022 11:38am
Quoting Moty
{image}
Same chart goes for eurusd
  • #677,511
  • Aug 22, 2022 11:40am Aug 22, 2022 11:40am
Quoting Reverso
{quote} You released Boy Sminem from the cage? 2 big green M15 candle wiped all my profits! I'll see it thru anyway, i follow my system religiously, it's the only way for consistent profit, win some lose some, part of the game.
I had an idea it was going to retrace... I posted a warning if you like, but then I realized I should not be interfering as people are all working off different system, Timeframes etc. I deleted it within 10 seconds, but whale commented on it. He obvious is more of a swing trader!
Don't trade what you think. Just what you see!!!
  • #677,512
  • Aug 22, 2022 11:43am Aug 22, 2022 11:43am
Quoting Theoak
{quote} I had an idea it was going to retrace... I posted a warning if you like, but then I realized I should not be interfering as people are all working off different system, Timeframes etc. I deleted it within 10 seconds, but whale commented on it. He obvious is more of a swing trader!
what gave you that idea? what did you see? there has to be something made you think that way, i want to hear it regardless
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 50.4%
  • #677,513
  • Aug 22, 2022 11:45am Aug 22, 2022 11:45am
Quoting Georginson
{quote} Manually bought at 1.1748.... will load more at each lows.
Exited at 1.1780
....
Data + Stat + Risk/Emotions Management
  • #677,514
  • Aug 22, 2022 11:45am Aug 22, 2022 11:45am
Quoting Houtbay
Euraud short at 1.45
Good Job!
I didn't think that would work out, but you nailed it!

Cheers.
Tall tails tell tales.
  • #677,515
  • Aug 22, 2022 11:57am Aug 22, 2022 11:57am
Let’s see if we can close above 118. If anything give the bulls a breather and also a chance to go towards 119 before a bigger drop to below 117
Insane in the Brain..
  • #677,516
  • Aug 22, 2022 12:12pm Aug 22, 2022 12:12pm
Short 1.1767
Don't trade what you think. Just what you see!!!
  • #677,517
  • Aug 22, 2022 12:16pm Aug 22, 2022 12:16pm
Quoting BeeTogether
Let’s see if we can close above 118. If anything give the bulls a breather and also a chance to go towards 119 before a bigger drop to below 117
If the GBP data will be good tomorrow, then I expect Asia may just sell these lows to 1700 (as usual they only buy highs and sell lows. I use this to mock them. Lol), then London might check the lows and then take it up. But if that data is all red then that's an excuse to sink this to 1600 or even below. I am not holding my breath.

The only hope bulls have now is a close above 1800.
  • #677,518
  • Aug 22, 2022 12:23pm Aug 22, 2022 12:23pm
Just a retest near my entry and continue heading down, boy Sminem is sent back to the cage.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 50.4%
  • #677,519
  • Aug 22, 2022 12:23pm Aug 22, 2022 12:23pm
cable looks quite overdone on the daily it is outside the lower bb...A snap back rallly is due.
  • #677,520
  • Aug 22, 2022 12:28pm Aug 22, 2022 12:28pm
Quoting Mitiblotch
{quote} If the GBP data will be good tomorrow, then I expect Asia may just sell these lows to 1700 (as usual they only buy highs and sell lows. I use this to mock them. Lol), then London might check the lows and then take it up. But if that data is all red then that's an excuse to sink this to 1600 or even below. I am not holding my breath. The only hope bulls have now is a close above 1800.
i can’t see Uk data being good.. the county is in real
dire straits. What I can see happening is an upswing because the there are longs activated at a certain price
Insane in the Brain..
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