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Cable Update (GBPUSD)

  • #679,281
  • Aug 30, 2022 9:10am Aug 30, 2022 9:10am
Quoting BeeTogether
US data smashed it again! Pound sinking hard ! And of course IG is down too
its down on my phone but not on my mac
  • #679,282
  • Aug 30, 2022 9:12am Aug 30, 2022 9:12am
Im done! Daily target goal.
If break 1.1644 will move to test 1.1600
Attached Image (click to enlarge)
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  • #679,283
  • Aug 30, 2022 9:13am Aug 30, 2022 9:13am
Quoting Whale
Long 1.166 sl 12 pips {image}
The bear volume is very high… Look again!
My telegram: https://t.me/avidforex
  • #679,284
  • Aug 30, 2022 9:14am Aug 30, 2022 9:14am
Quoting Georginson
{quote} Here is the sequence I'm following... April Low 1.2411 May Low 1.2155 June Low 1.1933 July Low 1.1760 August Low ???? The above sequence shows 200 pips lower lows... When 1.1875 low was touched in early July, price bounced to 1.2055 (180 pips bounce) then crushed the initial low of 1.1875 to 1.1760. Last week price bounced from 1.1717 to 1.1900 same 180 pips bounce, then from 1.1900, it has crushed the initial low of 1.1717 to this current low of 1.1648... this low is expected to touch at least 1.1600 which is almost coincidence of the 200...
Good bears... First buy 1.1663

Second buy limit 1.1610
Third buy limit 1.1570

All target 1.2000

Target expires 10th September...
Data + Stat + Risk/Emotions Management
  • #679,285
  • Aug 30, 2022 9:14am Aug 30, 2022 9:14am
The only reason why consumer confidence is up is because Sleepy Joe waived $10,000 of student debt last week. Not because the economy is doing well.
  • #679,286
  • Aug 30, 2022 9:17am Aug 30, 2022 9:17am
Quoting MrFanciful
The only reason why consumer confidence is up is because Sleepy Joe waived $10,000 of student debt last week. Not because the economy is doing well.
The best people to answer Consumer confidence in the USA is maybe an American!
Don't trade what you think. Just what you see!!!
  • #679,287
  • Aug 30, 2022 9:20am Aug 30, 2022 9:20am
Quoting BigNumbers
{quote} {image}
It was really hard for me to hold my emotions. Price movement don’t play me anymore, I just concentrate on my levels.. TP1 Hit 50 Heading to TP2
My telegram: https://t.me/avidforex
  • #679,288
  • Aug 30, 2022 9:22am Aug 30, 2022 9:22am
Quoting Yngwie
{quote} yes we retrace. hopefully 2 next usd big news can further down
awesome
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #679,289
  • Aug 30, 2022 9:22am Aug 30, 2022 9:22am
Quoting Theoak
{quote} I think, but I do not want to influence your trading, But the lows here will be a problem!! {image}
I have a support zone too drew at the lowest low 1.16487 - 1.16557.
To hit the TP, this support needs to be broken and create a new low, what is a trend if there are no HH/LL?

This day onwards I will trade like a machine, only strictly follow rules, I am glad it served me well today, I thought I was going to hit double SL and end the day with tears =')
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 68.8%
  • #679,290
  • Aug 30, 2022 9:23am Aug 30, 2022 9:23am
Quoting Chris_35
{quote} 2nd update closed -25.9 pips closed +50.9 pips Balance +25 pips Balance total +25.4 +25 = +50.4 pips
3rd Update
Closed -21.9 pips
Closed +42.3 pips
Balance +20.4 pips

Total balance = +50.4 +20.4 =70.8 pips
  • #679,291
  • Aug 30, 2022 9:24am Aug 30, 2022 9:24am
Quoting BigNumbers
{quote} The bear volume is very high… Look again!
I know.. I took to risk.

I married to my strategy, SL can hit, 1,2,3,4,5 in a row.
at the end when the trade will kiss my tp eventually I will be on the winner side
  • #679,292
  • Aug 30, 2022 9:25am Aug 30, 2022 9:25am
One way traffic coming through and US only waking up now ..
average dude treading water
  • #679,293
  • Aug 30, 2022 9:25am Aug 30, 2022 9:25am
We want more.... Crack it!!! We want them stops!!
Attached Image (click to enlarge)
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Don't trade what you think. Just what you see!!!
  • #679,294
  • Aug 30, 2022 9:25am Aug 30, 2022 9:25am
Quoting Coreg2004
{quote} RaHaG0D, the wicks in red circles are fair game when you consider placing the SL. Don't take my word for it, check the history. Good luck. {image}
Hi Coreg2004Thank you for your suggestion. I usually close some shorts at 50% & 20-80 round levels and let the main shorts (more lots) move. Some are for scalping, some are for the final target. that the final target was reached and my shorts were closed successfully in 1.16800 (according to my analysis) . Thank you again for teaching me. Tell me again if you see something.
There is nothing wrong with being kind & loving to each other
  • #679,295
  • Aug 30, 2022 9:26am Aug 30, 2022 9:26am
CB Consumer Confidence (AUG)
Actual: 103.2
Expected: 97.7
Previous: 95.3

Job Openings 11.239MM, Exp. 10.375MM, Last 10.698MM



U.S. CB Consumer Confidence came out higher than expected. This is Bullish for the USD but a strong $ means that stocks and crypto will suffer.

With that Strong CB consumer numbers + Stong JOLTSs report = More supportive of 75bp in up coming meeting
More fuel for the $Dxy rally...

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #679,296
  • Aug 30, 2022 9:28am Aug 30, 2022 9:28am
GU: H4
Bear Next Target 1.1576
Trade Safe.
Of course I maybe wrong..
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Intraday Trading is an Art _ hoda
  • #679,297
  • Aug 30, 2022 9:33am Aug 30, 2022 9:33am
Quoting Pat Chiko
CB Consumer Confidence (AUG) Actual: 103.2 Expected: 97.7 Previous: 95.3 Job Openings 11.239MM, Exp. 10.375MM, Last 10.698MM U.S. CB Consumer Confidence came out higher than expected. This is Bullish for the USD but a strong $ means that stocks and crypto will suffer. With that Strong CB consumer numbers + Stong JOLTSs report = More supportive of 75bp in up coming meeting More fuel for the $Dxy rally... {image}

We have a Fed speech in under 1H, which might add some strength as well

Maybe non event from those speech, as no one listens to fed speakers not named Powell …
kinda funny how badly they are ignored

Friday Manufacturing data should be big tho. Watch out for that.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #679,298
  • Aug 30, 2022 9:33am Aug 30, 2022 9:33am
Even if the UK had any data of importance it wouldn’t help the pound right now… hopefully 1160 will signal a move up to 118 at least
Insane in the Brain..
  • #679,299
  • Aug 30, 2022 9:35am Aug 30, 2022 9:35am
Quoting Reverso
Broke daily pivot and closed below lower key level, entered a valid Short, final trade for the day. Entry 1.16911, SL 1.17230, TP 1.16433. {image}
TP hit, ending the day with net positive.
This trade is like a phoenix risen from the ashes, super near SL then reverse all the way to TP.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 68.8%
  • #679,300
  • Aug 30, 2022 9:37am Aug 30, 2022 9:37am
Quoting Reverso
{quote} I have a support zone too drew at the lowest low 1.16487 - 1.16557. To hit the TP, this support needs to be broken and create a new low, what is a trend if there are no HH/LL? This day onwards I will trade like a machine, only strictly follow rules, I am glad it served me well today, I thought I was going to hit double SL and end the day with tears =')
Keep up the good work Bud.... THE MACHINE... I will not post anymore concerns as it can cloud traders thoughts!!!
I took the Buggs Bunny, but back in as USA is crushing it!!!
Don't trade what you think. Just what you see!!!
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