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Cable Update (GBPUSD)

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  • Post #686,361
  • Quote
  • Edited 3:30pm Sep 21, 2022 3:11pm | Edited 3:30pm
  •  tonyb123
  • Joined Jun 2009 | Status: Member | 1,699 Posts
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MY GRID. Markets are NOT random.
 
1
  • Post #686,362
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  • Sep 21, 2022 3:12pm Sep 21, 2022 3:12pm
  •  Jolita
  • Joined Jan 2012 | Status: Opalescent | 3,305 Posts | Online Now
What an amazing outcome of this bearish flag! No doubt technical analysis worked this time, moved faster by fundamentals.
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  • Post #686,363
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  • Sep 21, 2022 3:21pm Sep 21, 2022 3:21pm
  •  JereMi256
  • Joined Nov 2021 | Status: 3Yrs livexperience | 958 Posts | Online Now
Quoting KareemAliFx
Disliked
{quote} Yes please buy so my shorts get rewarded
Ignored
So bold of you, only time & PA will tell.

Hold my beer!
+256
Face 'ur fear & Tame 'ur greed
 
1
  • Post #686,364
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  • Sep 21, 2022 3:31pm Sep 21, 2022 3:31pm
  •  Coreg2004
  • Joined Oct 2009 | Status: Member | 2,721 Posts
Quoting Jolita
Disliked
What an amazing outcome of this bearish flag! No doubt technical analysis worked this time, moved faster by fundamentals. {image}
Ignored
Jolita, no, no, no 120%dailyATR(14)...just kidding. Awesome job as always.
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Always trade your own plan...I don't provide trading signals.
 
5
  • Post #686,365
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  • Sep 21, 2022 3:39pm Sep 21, 2022 3:39pm
  •  Jolita
  • Joined Jan 2012 | Status: Opalescent | 3,305 Posts | Online Now
Quoting Coreg2004
Disliked
{quote} Jolita, no, no, no 120%dailyATR(14)...just kidding. Awesome job as always. {image}
Ignored
Thanks!
Amazing charting you!
I wish I knew how to count waves the way you do (maybe one day, with years of experience ).
 
4
  • Post #686,366
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  • Sep 21, 2022 3:42pm Sep 21, 2022 3:42pm
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,213 Posts
3 candle test retest confirmed on 1 minute chart gbpjpy
 
1
  • Post #686,367
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  • Sep 21, 2022 3:46pm Sep 21, 2022 3:46pm
  •  KareemAliFx
  • Joined Oct 2019 | Status: Member | 1,219 Posts
Quoting Houtbay
Disliked
3 candle test retest confirmed on 1 minute chart gbpjpy
Ignored
Looks at a 1 min chart I actually some how lost Brain cells reading this I think it’s best I take a break from FF
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Master your mind. Master Trading.
1
1
  • Post #686,368
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  • Sep 21, 2022 3:50pm Sep 21, 2022 3:50pm
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 6,599 Posts
Another decent drop.. if Asia can hold off from dropping below 11230 , BoE could push up to 114 if we see 0.75 rate rise tomorrow
 
2
  • Post #686,369
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  • Sep 21, 2022 3:50pm Sep 21, 2022 3:50pm
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,213 Posts
No I don’t however Bilal has shown how accurate the 1 minute can be to fine tune entries. I work off the daily and 4 hour.
 
3
  • Post #686,370
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  • Sep 21, 2022 3:54pm Sep 21, 2022 3:54pm
  •  Chris_35
  • | Joined Aug 2008 | Status: Member | 816 Posts
Quoting Theoak
Disliked
{quote} 40 pip loss --- Long now 1.1345 target 20 pips
Ignored
Shame you never kept that short
 
1
  • Post #686,371
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  • Sep 21, 2022 3:59pm Sep 21, 2022 3:59pm
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 3,444 Posts
Quoting Georginson
Disliked
{quote} Done... That's good anticipation... A sense of inevitability about 1.12... Now long opportunities to be Laddered till 1.1150 for a target of 1.1400.
Ignored
My buy target is now 1.1400
Swing and Intraday
 
4
  • Post #686,372
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  • Sep 21, 2022 4:03pm Sep 21, 2022 4:03pm
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,213 Posts
Gbojpy continues down
 
 
  • Post #686,373
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  • Sep 21, 2022 4:05pm Sep 21, 2022 4:05pm
  •  ScalaFX
  • Joined May 2021 | Status: T and CT Trader | 2,780 Posts | Online Now
Not looking good for my longs but.... Lets see what's brings tomarrow data from UK
People don't plan to lose. They lose because they don't plan.
 
7
  • Post #686,374
  • Quote
  • Sep 21, 2022 4:06pm Sep 21, 2022 4:06pm
  •  Bakker
  • Joined Jun 2011 | Status: Member | 2,994 Posts | Online Now
Quoting Jolita
Disliked
{quote} Thanks! Amazing charting you! I wish I knew how to count waves the way you do (maybe one day, with years of experience ).
Ignored
Talking about waves, take a look at S&P500 right now on monthly chart, close to enter wave 5 down at 3774. Going to be a sitter.
 
 
  • Post #686,375
  • Quote
  • Sep 21, 2022 4:09pm Sep 21, 2022 4:09pm
  •  tauhidur
  • | Joined Feb 2020 | Status: Member | 139 Posts
Quoting Georginson
Disliked
{quote} My buy target is now 1.1400
Ignored
hello friend to day is it possible for 1.1400
 
 
  • Post #686,376
  • Quote
  • Edited 4:58pm Sep 21, 2022 4:33pm | Edited 4:58pm
  •  Headland
  • Joined Apr 2020 | Status: not posting atm | 5,176 Posts | Online Now
...hope everyone did okay from that fed fomc thingy. All this and Boe mpc to come tomorrow.

charts below shows where the pullback from 1.1234 (Dly S3) met supply, those prev sw lo's ie that prev 1hr x 6 /4hr sw lo x 2/minor dly sw lo zone that begins @ 3507 / 23.6% 1589-1234 move.

That zone down to the current 1234 dly lo (new current yrly lo) is now a prev 30min sw lo zone = prev supp = pot supp

4hr & 1hr below.
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
2
  • Post #686,377
  • Quote
  • Sep 21, 2022 4:44pm Sep 21, 2022 4:44pm
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 3,444 Posts
Quoting tauhidur
Disliked
{quote} hello friend to day is it possible for 1.1400
Ignored
No, before September will end.
Swing and Intraday
 
1
  • Post #686,378
  • Quote
  • Sep 21, 2022 4:49pm Sep 21, 2022 4:49pm
  •  dantpm
  • Joined Aug 2022 | Status: Stubborn, slow but still learning! | 2,073 Posts | Online Now
Quoting donfriday
Disliked
{quote} Kabooom am in {image}
Ignored
Pretty close and we aren't done yet.
Stubborn, often slow but still learning!
 
 
  • Post #686,379
  • Quote
  • Sep 21, 2022 4:51pm Sep 21, 2022 4:51pm
  •  Jolita
  • Joined Jan 2012 | Status: Opalescent | 3,305 Posts | Online Now
Quoting Bakker
Disliked
{quote} Talking about waves, take a look at S&P500 right now on monthly chart, close to enter wave 5 down at 3774. Going to be a sitter.
Ignored
Had a look, yes!
Not sure this is correct S&P,
but lots of space for a good fall, wow, lots of money in the making. Next monthly support 3666. Only needs a little gossip on recession, then is a free fall. Orange lines to control.
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3
  • Post #686,380
  • Quote
  • Edited 5:12pm Sep 21, 2022 5:02pm | Edited 5:12pm
  •  Headland
  • Joined Apr 2020 | Status: not posting atm | 5,176 Posts | Online Now
...this site still going with +0.5% tomorrow for Boe Mpc. Some traders underwater with their longs? What will +0.5% do assuming a 9-0-0 vote? Disappoint or satisfy this market? The bulls will be hoping the later, and that if it is 'just' +0.5%, that there are some dissenters in the vote wanting > +0.5%

Will be interesting to see what Asian session does overnight.
Attached Image (click to enlarge)
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Size: 4 KB
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
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