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Cable Update (GBPUSD)

  • #684,201
  • Sep 15, 2022 1:40pm Sep 15, 2022 1:40pm
Soft target is 1.17 supply zone

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  • #684,202
  • Sep 15, 2022 1:45pm Sep 15, 2022 1:45pm
Quoting Nordling
Soft target is 1.17 supply zone {image}

amazed u think it will go up?..this sum bitch is now starting to make me think nothing can can make it rise
  • #684,203
  • Sep 15, 2022 1:46pm Sep 15, 2022 1:46pm
Quoting Georginson
This is is already showing signs of 1.12... if it continues trading below 1.1550... caution guys.
  • #684,204
  • Sep 15, 2022 1:50pm Sep 15, 2022 1:50pm
Quoting nAVIN2007
{quote} amazed u think it will go up?..this sum bitch is now starting to make me think nothing can can make it rise
I think when FED hikes by 75 bps GU will shoot up. BOE however is a risk though. In the worst case scenario i can be able to close these around 1.16 before BOE
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  • #684,205
  • Sep 15, 2022 1:59pm Sep 15, 2022 1:59pm
Hold
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  • #684,206
  • Sep 15, 2022 2:05pm Sep 15, 2022 2:05pm
The Americans are crazy on their dollar. Yesterday evening they bought it too.
  • #684,207
  • Sep 15, 2022 2:09pm Sep 15, 2022 2:09pm
Quoting nAVIN2007
{quote} amazed u think it will go up?..this sum bitch is now starting to make me think nothing can can make it rise
Gu has had a relentless year long onslaught not seen in many years and I guess Brexit can be to blame for this. I simply cannot see it go down much further and we are heading towards the final quarter of the year.
Hang in Navin
Cheers.
Trade to trade another day
  • #684,208
  • Edited 2:28pm Sep 15, 2022 2:14pm | Edited 2:28pm
Quoting Whale
{quote} Why your target it 1.27 extension? it should be deeper base on your count
Whale, I use these guidelines. http://www.tradingfives.com/articles/elliott-wave-guide.htm
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Edit; I hope you people don't send gentlemen with the straight jacket my way...
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Always trade your own plan...I don't provide trading signals.
  • #684,209
  • Sep 15, 2022 2:17pm Sep 15, 2022 2:17pm
Quoting nAVIN2007
{quote}
Sorry Navin... But hedge may have helped somewhat after some bounce...
Data + Stat + Risk/Emotions Management
  • #684,210
  • Sep 15, 2022 2:18pm Sep 15, 2022 2:18pm
Quoting Wavegarrick
{quote} Gu has had a relentless year long onslaught not seen in many years and I guess Brexit can be to blame for this. I simply cannot see it go down much further and we are heading towards the final quarter of the year. Hang in Navin Cheers.
tottaly agree there has to be the scraping of the barrel before a move up. Problem is the uk is in the shitter. Recession brexit a crappy new pm inflation has prices
Insane in the Brain..
  • #684,211
  • Sep 15, 2022 2:27pm Sep 15, 2022 2:27pm
1.14600 area is a strong support
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yes yes yes
  • #684,212
  • Sep 15, 2022 2:27pm Sep 15, 2022 2:27pm
Maybe just maybe another 2008 .....protect your trading banks
  • #684,213
  • Sep 15, 2022 2:31pm Sep 15, 2022 2:31pm
Quoting BeeTogether
{quote} tottaly agree there has to be the scraping of the barrel before a move up. Problem is the uk is in the shitter. Recession brexit a crappy new pm inflation has prices
Thanks Bt, I agree that the Uk has its problems but I also believe that the dollar will come down hard. Gravitational forces towards year end.
Cheers.
Trade to trade another day
  • #684,214
  • Sep 15, 2022 2:36pm Sep 15, 2022 2:36pm
Quoting Waveskierrob
Maybe just maybe another 2008 .....protect your trading banks

so we can short not>?
MY OPINION NOT FINANCIAL ADVISE
  • #684,215
  • Sep 15, 2022 2:40pm Sep 15, 2022 2:40pm
Quoting Pat Chiko
{quote} GU Follow the money We need Moty's Hammer now to get to target. {image}

GU

Been away while ago.
Still not moving ?....lol

BTW, GBPUSD has been forming Head n Shoulder pattern since the start of the September 2022.

Currently, we have completed Left shoulder and a head formation while right shoulder is about to complete.
If the neckline of the pair is broken then we can see the downward move to 1.12000

Print more money........... and thank to The Oak signal....
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I come from the future.
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  • #684,216
  • Sep 15, 2022 2:42pm Sep 15, 2022 2:42pm
Quoting Coreg2004
{quote} Whale, I use these guidelines. http://www.tradingfives.com/articles/elliott-wave-guide.htm{image}Edit; I hope you people don't send gentlemen with the straight jacket my way...{image}
yap, now your five is in place.
the 3rd is extended
  • #684,217
  • Sep 15, 2022 2:43pm Sep 15, 2022 2:43pm
Quoting donfriday
{quote} so we can short not>?
Not saying which direction, I have no idea, just saying protect your bank as anything can happen
  • #684,218
  • Sep 15, 2022 2:43pm Sep 15, 2022 2:43pm
Quoting Waveskierrob
Maybe just maybe another 2008 .....protect your trading banks
It has all the signs mate...
Data + Stat + Risk/Emotions Management
  • #684,219
  • Sep 15, 2022 2:43pm Sep 15, 2022 2:43pm
Quoting Whale
{quote} Why your target it 1.27 extension? it should be deeper base on your count
Ahhh the good old days of being roasted to death in forex factory. I’ll admit I was pretty bad back then
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Master your mind. Master Trading.
  • #684,220
  • Sep 15, 2022 2:46pm Sep 15, 2022 2:46pm
Quoting eyefeelsix
{quote} break-event zero risk --- my PA updated {image}
Don't worry friends the price won't exceed 1.1400 until the end of this month ( September ) I promise that, if it fails then I will promise again later

Currently long atm, my PA updated

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