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Cable Update (GBPUSD)

  • #679,621
  • Aug 31, 2022 6:37am Aug 31, 2022 6:37am
Quoting donfriday
{quote} young boy ...i have no time for u
Neither do we for you old man, try to get along with other members.
You have to have an IQ higher than 90 to interact with this user.
  • #679,622
  • Aug 31, 2022 6:37am Aug 31, 2022 6:37am
Quoting Wavegarrick
{quote} Currently a lot is being said about dollar strength on this thread. I tend to disagree, so lets do some analysis. Usdx, I am getting subtle sell confirmation signals from a 4hr perspective: {image} Eurusd I am getting full confirmation buy signals from a 4 hr perspective: {image}EurGbp has done a full run up and I expect a decline in time to come: {image}Where does it leave GbpUsd?. Well simply speaking, the pound has been weak. The dollar has been leading with the Euro following. I can see a period of euro strength compared to the dollar...
Hi Leon nice chart.
As long as people continue to think that the dollar is a refuge and keep it, it continues to rise and appreciate but from what I analyzed in these two years..people have already started to sell their dollars.
nother pair great to analise GBP force is Xau/ Gbp.
Anyway it's good to wait for time to clarify things better.
Or there will be dollar sales in that region or more purchase.

Cheers.
  • #679,623
  • Aug 31, 2022 6:38am Aug 31, 2022 6:38am
there were 4 valid short signals , 2 oscillator was with the same color and price was below daily pivot
last signal for long is not 100 % valid but i took it because of the weekly pivot that we saw
yesterday how much it is important
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the other strategy worked good as well
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dx is ready to drop
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yes yes yes
  • #679,624
  • Aug 31, 2022 6:39am Aug 31, 2022 6:39am
Long.. risking all my profits today if reach 1.1550
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  • #679,625
  • Aug 31, 2022 6:39am Aug 31, 2022 6:39am
Quoting Theoak
{quote} How's it going bud?
Thanks for ask
surviving
  • #679,626
  • Aug 31, 2022 6:43am Aug 31, 2022 6:43am
Us dollar is too valuable these days . find some place for selling Gbp
  • #679,627
  • Aug 31, 2022 6:49am Aug 31, 2022 6:49am
Quoting Reverso
Short entry 1.16388, SL 1.16820, TP 1.15739. DUMP IT. {image}
Short is doing well, candles after my entry has long up wicks and test the previous support as resistance repeatedly, increasing confidence in the trade.
With little doubt, the price indeed moved downwards.

Trade is already "no regret" status upon entry, now ascend to "no regret with high confidence".
Let's see how the news will impact the price action later.
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: 50.4%
  • #679,628
  • Aug 31, 2022 6:50am Aug 31, 2022 6:50am
Quoting Georginson
{quote} My Birthday is December 8 buddy... Someone earlier called Today or September 10 my birthday. Funny isn't it. Anyways I sincerely appreciate the birthday message.
Happy Birthday!!!!!!
Don't trade what you think. Just what you see!!!
  • #679,629
  • Aug 31, 2022 6:50am Aug 31, 2022 6:50am
Quoting Theoak
{quote} Trying this car crash again last go cost me Buggs Bunny!! The news is the killer today. Will not be in any trades and see if I can ride the momentum or get smashed on the rocks on news!!! Long 1.2629 Car crashed again 8 pip loss
no bull my lord wizard, boy sminem is locked up now, sacrifice your blood to blockchain brothers to enjoy his blessings

down only.
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 50.4%
  • #679,630
  • Aug 31, 2022 6:51am Aug 31, 2022 6:51am
Quoting donfriday
{quote} young boy ...i have no time for u
Common Don......
We are trying to help each other here........
You don't have to do some certain thing......
Let's focus on trading........
I have not answered you last question about trade advice.
Pls I will get to that in a moment
  • #679,631
  • Aug 31, 2022 6:55am Aug 31, 2022 6:55am
Quoting Reverso
{quote} no bull my lord wizard, boy sminem is locked up now, sacrifice your blood to blockchain brothers to enjoy his blessings down only.
Cryptocurrencies are not an investment but a tool for short-term banking transactions.
without internet without money.
  • #679,632
  • Aug 31, 2022 6:56am Aug 31, 2022 6:56am
Otiken what is your view on Gbpusd out of interest. What is the trend? Where will trend reverse?
  • #679,633
  • Aug 31, 2022 6:56am Aug 31, 2022 6:56am
Quoting Reverso
{quote} Short is doing well, candles after my entry has long up wicks and test the previous support as resistance repeatedly, increasing confidence in the trade. With little doubt, the price indeed moved downwards. Trade is already "no regret" status upon entry, now ascend to "no regret with high confidence". Let's see how the news will impact the price action later. {image}
careful my friend
it look like the dx is about to drop hard
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yes yes yes
  • #679,634
  • Edited 7:09am Aug 31, 2022 6:58am | Edited 7:09am
Closed my earlier 1625 long at 1628 for +3 pips. Got in again at 1624. Now I will buy 0.01 all the way down to 1570. Very small buys so I won't feel a thing.

I kinda feel NY will do a wicked retracement to set price at a good place for next month's pivot.
  • #679,635
  • Aug 31, 2022 7:01am Aug 31, 2022 7:01am
Quoting Reverso
{quote} Short is doing well, candles after my entry has long up wicks and test the previous support as resistance repeatedly, increasing confidence in the trade. With little doubt, the price indeed moved downwards. Trade is already "no regret" status upon entry, now ascend to "no regret with high confidence". Let's see how the news will impact the price action later. {image}
just now h1, m15, m5 are up, better to wait
  • #679,636
  • Aug 31, 2022 7:03am Aug 31, 2022 7:03am
Quoting Moty
{quote} careful my friend it look like the dx is about to drop hard {image} {image}
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  • #679,637
  • Aug 31, 2022 7:07am Aug 31, 2022 7:07am
Quoting DailyChart
{quote} {image}
interesting ! YIN YANG
  • #679,638
  • Aug 31, 2022 7:12am Aug 31, 2022 7:12am
Quoting Georginson
{quote} My Birthday is December 8 buddy... Someone earlier called Today or September 10 my birthday. Funny isn't it. Anyways I sincerely appreciate the birthday message.
ah ok..!

we still struggling to get over 11630 your last leg down still in play in my opinion
Insane in the Brain..
  • #679,639
  • Aug 31, 2022 7:14am Aug 31, 2022 7:14am
Quoting Moty
{quote} careful my friend it look like the dx is about to drop hard {image} {image}
Take a look Moty, let me know what you think?
Attached Image (click to enlarge)
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Face 'ur fears & tame 'ur greed
  • #679,640
  • Aug 31, 2022 7:16am Aug 31, 2022 7:16am
Quoting donfriday
{quote} Dear Otiken i havent see you share any trade advice and like you said you dont predict the market youjust trade so i guess you will be against others view as contribution to FF... Nice one

You see, we all have different way of trading but at the end it boils down to either buy or sell.
Two people that trades the same strategy will at the end come out with variable result.
Like you and me know, the price don't care about what we think or feel as a matter of fact, I believe that it is in the nature of price to do its trick and out smart us now and then.
The price is ever changing into let's say millions of variation and from one to another variation one can't tell with certainty what will be.
Now if I tell you now to buy or sell at certain price take profit or loss at certain price, it means that I have magic crystal ball to tell me what and what price will do which I don't have.
And again, I trade without stop loss.............
Happy trading mate
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