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Cable Update (GBPUSD)

  • #680,081
  • Sep 1, 2022 9:53am Sep 1, 2022 9:53am
Quoting RaHaG0D
{quote} Continues to extremely extremely Oversold Oversold
Yup a drop below 115 now too!
Insane in the Brain..
  • #680,082
  • Sep 1, 2022 9:55am Sep 1, 2022 9:55am
Quoting eyefeelsix
{quote} Shark vs Imb --- Who will win? idk, the market is a fair judge. {image}
no much to do on GU in the last 2 days, cut losses early and let profits run to the zone

back to the main chart, target reached --- time to reversal --- my chart updated :

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 25 KB
https://breakpullback.com
  • #680,083
  • Sep 1, 2022 9:57am Sep 1, 2022 9:57am
Quoting Mitiblotch
Who shorts a 4hr falling wedge and bullish price-RSI divergence? It takes lots of balls to do that. You cannot question this downtrend. It is strong, but this is that time when price may spike up hard before new shorts come in. I don't want to be caught in the spike. {image}
Quoting Mitiblotch
{quote} I expect a break of this wedge ro the downside to finish off the last long-suffering bull before a fast move to the upside.
Refer to this post. Don't be caught dead selling here! Don't be coerced into it; it'll splash raw eggs in your face. Wedge broken to the downside as expected and now it will fly through thr roof to the other side and to at least 1.1800.
  • #680,084
  • Sep 1, 2022 9:58am Sep 1, 2022 9:58am
I am in my buy mode on cable from now


plan ur trade and trade your plan
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #680,085
  • Sep 1, 2022 9:59am Sep 1, 2022 9:59am
If September is a slow one I wouldn’t be expecting a 500 pip turn around until the end of the month.
Insane in the Brain..
  • #680,086
  • Sep 1, 2022 10:00am Sep 1, 2022 10:00am
Quoting donfriday
I am in my buy mode on cable from now plan ur trade and trade your plan {image}
All the way to 118?
Insane in the Brain..
  • #680,087
  • Sep 1, 2022 10:01am Sep 1, 2022 10:01am
Keep Hold The Short for today
Long ? Maybe Tomorrow,Just wait
  • #680,088
  • Sep 1, 2022 10:02am Sep 1, 2022 10:02am
Quoting Otiken
{quote} Yes, I never use SL but use some other tactics to manage my loss........ In my humble opinion picking top or bottoms are just names because we like naming things for remembrance. Whether top or bottom or middle whatever, i call it having a position. The only difference between two traders is how they manage whatever position they have to make sure that they are not killed. When I enter long position yesterday, I know I was wrong but I have a strategy in place to manoeuvre the position to small or big profit. For the four positions I have,...
what ever work for you bro


I don’t hedge
I enter trades with sl if I am wrong i cry if I am correct I laugh but I am not so bothered about losing trades I make more in rebound with my MM risk 1 for 2 mostly
cya
MY OPINION NOT FINANCIAL ADVISE
  • #680,089
  • Sep 1, 2022 10:04am Sep 1, 2022 10:04am
1.14092-1.15250 support zone
it can turn any time from now
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 9 KB
yes yes yes
  • #680,090
  • Sep 1, 2022 10:05am Sep 1, 2022 10:05am
SCALAAAAAAAAAAAAAAAA
I started shorting USD/JPY from exactly 140!
SL 100 pips.
TP Open.

I expect Pound to reach 1.17 tommorow and give a really good retracement.
  • #680,091
  • Sep 1, 2022 10:13am Sep 1, 2022 10:13am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 16 KB
yes yes yes
  • #680,092
  • Sep 1, 2022 10:15am Sep 1, 2022 10:15am
Quoting Mitiblotch
{quote} {quote} Refer to this post. Don't be caught dead selling here! Don't be coerced into it; it'll splash raw eggs in your face. Wedge broken to the downside as expected and now it will fly through thr roof to the other side and to at least 1.1800.

Probably... Gotta see some major bull action ... Non farm can do it!
  • #680,093
  • Sep 1, 2022 10:20am Sep 1, 2022 10:20am
In my view we are having a retracement in gold and Gbpusd. The trend still remains down, however we are getting close to a turn around.
  • #680,094
  • Sep 1, 2022 10:22am Sep 1, 2022 10:22am
Well it’s transfer deadline day… my bet is bears are being loaned out to the bulls for a short term contract.
Insane in the Brain..
  • #680,095
  • Sep 1, 2022 10:33am Sep 1, 2022 10:33am
checking usdx
https://www.forexfactory.com/thread/...3#post14121633
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #680,096
  • Sep 1, 2022 10:33am Sep 1, 2022 10:33am
Quoting Moty
nice bounce , more then 35 pips from adr low now go to be {image}
you should read your own post from yesterday.
https://www.forexfactory.com/thread/...0#post14119290

That was good trading.
Now your down 100 pips.
in wondering about yourself, you forgot what you came here to be part of
  • #680,097
  • Sep 1, 2022 10:35am Sep 1, 2022 10:35am
1486
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #680,098
  • Sep 1, 2022 10:37am Sep 1, 2022 10:37am
On M1 chart

1/. Market was forming bullish falling wedge pattern. But during middle of forming process, market suddenly break through and cause this pattern violated.

2/. After bullish falling wedge pattern violated, market tried to form inverse head and shoulder. During forming the right shoulder, market delay on moving down and caused this pattern look invalid and unrecognize.

I think market is trying to tell us something.
With courage, patience, and discipline, success is a matter of time.
  • #680,099
  • Sep 1, 2022 10:42am Sep 1, 2022 10:42am
Added another gold short
  • #680,100
  • Sep 1, 2022 10:42am Sep 1, 2022 10:42am
come on mister aussie , help a brother out
Attached Image (click to enlarge)
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yes yes yes
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