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Cable Update (GBPUSD)

  • #678,061
  • Aug 24, 2022 10:07am Aug 24, 2022 10:07am
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yes yes yes
  • #678,062
  • Aug 24, 2022 10:17am Aug 24, 2022 10:17am
Quoting Coreg2004
{quote} It all depends on which swing you play. {image}
Might be true, but than again, i don't have the balls

But nice ride tho

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  • #678,063
  • Aug 24, 2022 10:41am Aug 24, 2022 10:41am
Gbpusd long term trend is up. Price will move up, down and then up again. Tp well into the 1.18s
  • #678,064
  • Aug 24, 2022 10:50am Aug 24, 2022 10:50am
I don't understand "fortune-telling" in science, but what can you say about the news from JPMorgan about the collapse of the pound?
IgorFX
  • #678,065
  • Aug 24, 2022 11:08am Aug 24, 2022 11:08am
Coreg2004 price could end higher than bii on your graph as it plays out.
  • #678,066
  • Aug 24, 2022 11:15am Aug 24, 2022 11:15am
1.18 we should get a movement back down and then up again on our journey played out in coregs chart
  • #678,067
  • Aug 24, 2022 11:16am Aug 24, 2022 11:16am
Theoak, don't delete your post, you are guru.

[+10000 T-Shirts have been delivered]
IgorFX
  • #678,068
  • Aug 24, 2022 11:50am Aug 24, 2022 11:50am
So what's on the menu tonight, first reply I will go with
  • #678,069
  • Aug 24, 2022 11:55am Aug 24, 2022 11:55am
Quoting Waveskierrob
So what's on the menu tonight, first reply I will go with
fish and chips… well that’s what I had lol
Insane in the Brain..
  • #678,070
  • Aug 24, 2022 11:57am Aug 24, 2022 11:57am
Quoting BeeTogether
{quote} fish and chips… well that’s what I had lol
Was thinking more of a FX GU supper BUY or SELL
  • #678,071
  • Aug 24, 2022 12:01pm Aug 24, 2022 12:01pm
Quoting Houtbay
Coreg2004 price could end higher than bii on your graph as it plays out.
Houtbay, possible. Both patterns (abc to the upside and 12345 to the downside) are still in play. The trader has to decide which one to play now or wait for the breakout (b or ii).
Always trade your own plan...I don't provide trading signals.
  • #678,072
  • Aug 24, 2022 12:09pm Aug 24, 2022 12:09pm
Quoting Waveskierrob
{quote} Was thinking more of a FX GU supper BUY or SELL
buy it is
Insane in the Brain..
  • #678,073
  • Aug 24, 2022 12:15pm Aug 24, 2022 12:15pm
Quoting BeeTogether
{quote} buy it is
So be it BUY @ 1.1797 no sl no tp
  • #678,074
  • Aug 24, 2022 12:34pm Aug 24, 2022 12:34pm
Price movement is not random, price moves according to wave and time patterns.
  • #678,075
  • Aug 24, 2022 1:05pm Aug 24, 2022 1:05pm
I like this last candle breaking the high bearish tail of the privious candle
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yes yes yes
  • #678,076
  • Aug 24, 2022 1:27pm Aug 24, 2022 1:27pm
Quoting Moty
I like this last candle breaking the high bearish tail of the privious candle {image}
Is that on the 1H ?
Insane in the Brain..
  • #678,077
  • Aug 24, 2022 1:36pm Aug 24, 2022 1:36pm
switched to short with 35$ loss
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this is a clearer look
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yes yes yes
  • #678,078
  • Edited 1:49pm Aug 24, 2022 1:37pm | Edited 1:49pm
Okey. It seems to me that what we have going on at the moment is as follows:

If there are no major news or something new happens, then Europe and GB are selling their currencies and buying Dollar. They pull the price up first to get traders out of short positions and then they go about their bussiness. Absolutely same happens for America, they pull the price a little bit down and then they start buying Euro and Pound and selling Dollar. Unless there are some news that would make either of them to reconsider the situation this kind of behavior is very likely to continue. Tommorow we have a really important news coming up for America. For the pairs including Dollar, I am not sure what will happen, but if we get bad news from America, I think that will drive a massive buying of Yen tommorow.
  • #678,079
  • Aug 24, 2022 1:52pm Aug 24, 2022 1:52pm
Quoting PatienceFx
I never thought I will be trading EURUSD below parity. but here i am targeting 0.9918
I always believed that when the EURO was conceived. It was the basic idea of it to be of parity to the Dollar. Might be wrong!
Don't trade what you think. Just what you see!!!
  • #678,080
  • Aug 24, 2022 2:24pm Aug 24, 2022 2:24pm
Quoting Moty
switched to short with 35$ loss{image}this is a clearer look{image}
Why man I was long
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