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Cable Update (GBPUSD)

  • #677,721
  • Aug 23, 2022 8:41am Aug 23, 2022 8:41am
Short quick one before new

In at 1.1805. Might get taken straight out, so lets see!!

obliterated
Don't trade what you think. Just what you see!!!
  • #677,722
  • Aug 23, 2022 8:42am Aug 23, 2022 8:42am
Expiries for the week. The big ones are UP.
Attached Image (click to enlarge)
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Everyone can see the chart, but only a few can actually read it.
  • #677,723
  • Aug 23, 2022 8:47am Aug 23, 2022 8:47am
Quoting Reverso
{quote} Didnt survive, suddenly bull candle, SL hit. about 5-6 mins left before the high impact news, as of now if the candle close this way, it means i enter Long right before news. Let's see how the candle look like before the news before going Long.
Entered right before news, as my system says it is valid Long, pumped hard immediately when news released.
Close to TP now.
Attached Image (click to enlarge)
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https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 64.8%
  • #677,724
  • Aug 23, 2022 8:50am Aug 23, 2022 8:50am
Were is closest R1
average dude treading water
  • #677,725
  • Aug 23, 2022 8:50am Aug 23, 2022 8:50am
Quoting Reverso
{quote} Entered right before news, as my system says it is valid Long, pumped hard immediately when news released. Close to TP now. {image}
Woops, TP gracefully hit, time taken less than 5 mins.
Entry 1.18022, SL 1.17741, TP 1.18443.

That's it for today.
Quick recap: Mon (+1), Tue (-1 +1)
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 28 KB
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 64.8%
  • #677,726
  • Aug 23, 2022 8:51am Aug 23, 2022 8:51am
wow !!!!
today candle is bullish ingulfing
Attached Image (click to enlarge)
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yes yes yes
  • #677,727
  • Aug 23, 2022 8:51am Aug 23, 2022 8:51am
When banks just wait for it with fingers over the buy order button...
  • #677,728
  • Aug 23, 2022 8:52am Aug 23, 2022 8:52am
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...
As envisaged, high impact news for USD, red result more likely than green, and it happened, send GU flying, instant TP.
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 64.8%
  • #677,729
  • Aug 23, 2022 8:52am Aug 23, 2022 8:52am
Going to stack shorts...
Don't trade what you think. Just what you see!!!
  • #677,730
  • Aug 23, 2022 8:52am Aug 23, 2022 8:52am
Last resistance area from yesterday broken as long as we stay above 11820!we could see near 119
Insane in the Brain..
  • #677,731
  • Aug 23, 2022 8:57am Aug 23, 2022 8:57am
If Bull push harder, 1.19 can be reached today.
With courage, patience, and discipline, success is a matter of time.
  • #677,732
  • Aug 23, 2022 8:57am Aug 23, 2022 8:57am
Quoting Whale
if Stop out i will stop trading JPY until rate interest will change. {image}
Hell yeah!!!!!!

GBP waiting for some temp support to enter long to 1.1925
  • #677,733
  • Aug 23, 2022 8:57am Aug 23, 2022 8:57am
locking profits... 2 position left..hold till 1.2000
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  • #677,734
  • Aug 23, 2022 8:58am Aug 23, 2022 8:58am
Quoting ForexGoose
{quote} a bounce is possible in the near-term, especially if Powell speaks on Friday and he is less hawkish I wouldn’t chase the downtrend at this time until there is more clarity 1.176 is still strong support today
waiting to sell rallies
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #677,735
  • Aug 23, 2022 8:58am Aug 23, 2022 8:58am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 16 KB
yes yes yes
  • #677,736
  • Aug 23, 2022 8:58am Aug 23, 2022 8:58am
Quoting parsfx
This Fakey pattern in H4 guides me to buy in lower time frames. {image}
UPDATE..
Boom...
Attached Image (click to enlarge)
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Persian Gulf forever
  • #677,737
  • Aug 23, 2022 9:00am Aug 23, 2022 9:00am
Quoting Theoak
Going to stack shorts...
OUT left one to run, but usually goes back up.. lets see
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2022-08-23 150209.png Size: 12 KB
Don't trade what you think. Just what you see!!!
  • #677,738
  • Aug 23, 2022 9:02am Aug 23, 2022 9:02am
Aalways wait for the second wave push up...got u MF
average dude treading water
  • #677,739
  • Aug 23, 2022 9:02am Aug 23, 2022 9:02am
I believe these US data are sometimes fudged. How were they having green data when inflation is everywhere? Hopefully we have a temporary bottom.
  • #677,740
  • Aug 23, 2022 9:03am Aug 23, 2022 9:03am
INSANITY ON YEN. They are all dropping.
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