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Cable Update (GBPUSD)

  • #680,241
  • Sep 2, 2022 2:20am Sep 2, 2022 2:20am
I have a Buy trade now. Is a little risky but I won't let it go to my SL. If it turns I will take small loss. I look at GU H1 and it looks like a bottom might be trying to exist. USDX also looks like it wants to go down. So there is my reason to enter.

Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 107 KB
I am neither brave nor stupid...I am just a part time trader
  • #680,242
  • Sep 2, 2022 2:20am Sep 2, 2022 2:20am
Quoting PatienceFx
{quote} good progress {image}
sl 1.15540 for protection
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 15 KB
  • #680,243
  • Sep 2, 2022 2:22am Sep 2, 2022 2:22am
Quoting Moty
looks like it want to break up conformation only above 1.15600 if that happend will fly to 1.16 {image}
yes !!!!!!!!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 29 KB
yes yes yes
  • #680,244
  • Sep 2, 2022 2:25am Sep 2, 2022 2:25am
Quoting Mitiblotch
{quote} It is almost a guarantee that you'll make profit. NFP today will be useless. If it is all green price will still go up on the guise that fears of recession are waning. If it is red price will still go up with the excuse that Fed may reduce the size of their tightening. No shorts!
i wanted to show my trade as rocket science

you broke the secret
  • #680,245
  • Sep 2, 2022 2:27am Sep 2, 2022 2:27am
exit taken 1563 , usd broke my trading rule
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 18 KB
  • #680,246
  • Sep 2, 2022 2:30am Sep 2, 2022 2:30am
hopefully it will kiss my red line
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp.png Size: 35 KB
Blank and Empty
  • #680,247
  • Sep 2, 2022 2:31am Sep 2, 2022 2:31am
Quoting Indiara
I have a Buy trade now. Is a little risky but I won't let it go to my SL. If it turns I will take small loss. I look at GU H1 and it looks like a bottom might be trying to exist. USDX also looks like it wants to go down. So there is my reason to enter. {image}
Am just waiting for confirmation and ill shoot my short ryt away
I live in the future
  • #680,248
  • Sep 2, 2022 2:33am Sep 2, 2022 2:33am
Quoting buffedmage
hopefully it will kiss my red line {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2022-09-02 at 13-02-58 animals with red bottom - Google Search.png Size: 9 KB
  • #680,249
  • Sep 2, 2022 2:35am Sep 2, 2022 2:35am
Quoting PatienceFx
{quote} {image}
Blank and Empty
  • #680,250
  • Sep 2, 2022 2:35am Sep 2, 2022 2:35am
Quoting TonyTepeli
{quote} Am just waiting for confirmation and shoot my short ryt away
Yesterday has tricky, and today is trick as well. It would be nice to make some pips before my bed time, but if not, always another day
I am neither brave nor stupid...I am just a part time trader
  • #680,251
  • Sep 2, 2022 2:36am Sep 2, 2022 2:36am
Quoting Indiara
{quote} Yesterday has tricky, and today is trick as well. It would be nice to make some pips before my bed time, but if not, always another day

Cheers
Blank and Empty
  • #680,252
  • Sep 2, 2022 2:36am Sep 2, 2022 2:36am
A look at the daily and 4hr indicates to me that any bullish action towards 1635-50 region, could lead to a new low.
Watching PA for clues.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 6 KB
Click to Enlarge Name: GBPUSDH4.png Size: 8 KB
Compulsions can be hard to resist
  • #680,253
  • Sep 2, 2022 2:38am Sep 2, 2022 2:38am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 12 KB
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 12 KB
yes yes yes
  • #680,254
  • Sep 2, 2022 2:39am Sep 2, 2022 2:39am
Quoting navk
{quote} The week candle is bearish. So, I expect bearish daily candle. The price can go up max 1600.
I think today's candle will be bullish. The size of it will depend on today's US data. Big red and GU might fly. But its really hard to predict the data outcome these days...the US is lately manipulating the numbers just like China does, to suit their agenda.
Everyone can see the chart, but only a few can actually read it.
  • #680,255
  • Sep 2, 2022 2:40am Sep 2, 2022 2:40am
Don’t like it when it moves that quick . Like it to hug the ema . Sneeeeeky cable
  • #680,256
  • Sep 2, 2022 2:41am Sep 2, 2022 2:41am
Quoting PatienceFx
exit taken 1563 , usd broke my trading rule {image}
my usd trading rule is decided by this top right secret code
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 10 KB
  • #680,257
  • Sep 2, 2022 2:41am Sep 2, 2022 2:41am
EUR Ripping. in both but EUR is flying!!!
Don't trade what you think. Just what you see!!!
  • #680,258
  • Sep 2, 2022 2:43am Sep 2, 2022 2:43am
Quoting Theoak
EUR Ripping. in both but EUR is flying!!!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2022-09-02 at 13-13-05 Search.png Size: 4 KB
  • #680,259
  • Sep 2, 2022 2:50am Sep 2, 2022 2:50am
Friday fools..
I will go only long today
  • #680,260
  • Sep 2, 2022 2:50am Sep 2, 2022 2:50am
All this Forum talk about US fundamentals.

With Current skyrocketing inflation in the US and the Fed response of raising interest rates, It seems logical to me to keep buying USD dips and selling GU rallies.

Personally, I don't see why USD can't get to 1.15 and GU to 1.12.
Compulsions can be hard to resist
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