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Cable Update (GBPUSD)

  • #677,681
  • Aug 23, 2022 6:08am Aug 23, 2022 6:08am
Quoting PatienceFx
placing 1.18200 as the price target for my longs {image}
yesterday 11820 was the SBR if this cracks we could see a lot higher potentially the next area 11930
Insane in the Brain..
  • #677,682
  • Aug 23, 2022 6:08am Aug 23, 2022 6:08am
Quoting Houtbay
Looked at Gbpusd. It’s looks like price could go to 1.18
daily macd is still down and i am trading 1 hour divergence

risk
  • #677,683
  • Aug 23, 2022 6:12am Aug 23, 2022 6:12am
Quoting BeeTogether
{quote} yesterday 11820 was the SBR if this cracks we could see a lot higher potentially the next area 11930
its possible because below week open GU failed to achieve the 61.8% of 14 week average range

EU completed it
  • #677,684
  • Aug 23, 2022 6:13am Aug 23, 2022 6:13am
Quoting Reverso
{quote} Rejected yet another time off daily pivot, 3 times by now, i cant see why this trade wont TP. Of course, not to get too cocky, just let it play out. {image}
Seems like it is unwilling to go down just yet, went back up now near the tops.
Maybe this little ranging is due to there is 1 more red news later, waiting for it to decide the direction?
With that said, the price structure now looks ugly, rejection from top and bottom with no clear winner.
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 51.0%
  • #677,685
  • Aug 23, 2022 6:16am Aug 23, 2022 6:16am
stops at 1.17640 , bums crossed [ i mean fingers ]
Attached Image (click to enlarge)
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  • #677,686
  • Aug 23, 2022 6:19am Aug 23, 2022 6:19am
Seems like pound starting rise against the backdrop of the dollar. But it will be clear exactly when the support level of 1.18270 will be broken.
  • #677,687
  • Aug 23, 2022 6:29am Aug 23, 2022 6:29am
Quoting PatienceFx
stops at 1.17640 , bums crossed [ i mean fingers ] {image}
targets moved to 1790,, stops remain intact
  • #677,688
  • Aug 23, 2022 6:34am Aug 23, 2022 6:34am
Quoting PatienceFx
{quote} targets moved to 1790,, stops remain intact
big bang if it hits stops [ missed by a whisker ]
Attached Image (click to enlarge)
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  • #677,689
  • Aug 23, 2022 6:35am Aug 23, 2022 6:35am
stops hit +15 booked
  • #677,690
  • Aug 23, 2022 6:40am Aug 23, 2022 6:40am
Attached Image (click to enlarge)
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  • #677,691
  • Aug 23, 2022 6:40am Aug 23, 2022 6:40am
Quoting Theoak
Short in at 1.1769
OUT sticking my buggs bunny on UJ
Don't trade what you think. Just what you see!!!
  • #677,692
  • Aug 23, 2022 6:40am Aug 23, 2022 6:40am
that daily macd on the right, if it creates a new divergence next week

then it may be a fun ride north

the last divergence gave good trade
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  • #677,693
  • Aug 23, 2022 6:47am Aug 23, 2022 6:47am
waiting ... ZZZzzzZZZ
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  • #677,694
  • Aug 23, 2022 7:16am Aug 23, 2022 7:16am
Hope my ongoing Short survive long enough until the next high impact news, price keep flirting with my SL but not hitting it and reverse back, back and forth a few times already.

Checked the high impact news history, red result is more likely than green, if this time is red again, I might hit SL as it is good for USD and bad for GU pair.
It might just be the catalyst to finally make Longs viable. Not exiting ongoing Short prematurely anyway, i stick to system rules, as long as daily pivot not broken, there is no basis for longs, and price structure remain super bearish the more it rejected off the Daily pivot, this trade is either SL or TP.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 43 KB
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 51.0%
  • #677,695
  • Aug 23, 2022 7:22am Aug 23, 2022 7:22am
Us10Y
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (84).png Size: 45 KB
The rich(banks) knows something we dont!

All Gu longs watched out
More time in the market, does not mean you trade better!
  • #677,696
  • Aug 23, 2022 7:25am Aug 23, 2022 7:25am
Quoting Theoak
{quote} OUT sticking my buggs bunny on UJ
UJ Starting to pay out!!!
Don't trade what you think. Just what you see!!!
  • #677,697
  • Aug 23, 2022 7:28am Aug 23, 2022 7:28am
Quoting Reverso
Hope my ongoing Short survive long enough until the next high impact news, price keep flirting with my SL but not hitting it and reverse back, back and forth a few times already. Checked the high impact news history, red result is more likely than green, if this time is red again, I might hit SL as it is good for USD and bad for GU pair. It might just be the catalyst to finally make Longs viable. Not exiting ongoing Short prematurely anyway, i stick to system rules, as long as daily pivot not broken, there is no basis for longs, and price structure...
GOOD THOUGHT

target 1675 set
Attached Image (click to enlarge)
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  • #677,698
  • Aug 23, 2022 7:28am Aug 23, 2022 7:28am
Quoting PatienceFx
stops hit +15 booked
//----

waited till your trades closed.....

you appear to have moved from your multiple moving average and rsi agreement system which seemed quite good.....

is there a reason for the change.....h
to trade and code, keep both simple... no call to impress....h
  • #677,699
  • Aug 23, 2022 7:31am Aug 23, 2022 7:31am
NZDCAD Short
0.80442
TP: 70 pips
My telegram: https://t.me/avidforex
  • #677,700
  • Aug 23, 2022 7:32am Aug 23, 2022 7:32am
Attached Image (click to enlarge)
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yes yes yes
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