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Cable Update (GBPUSD)

  • #758,201
  • Jul 13, 2023 8:45am Jul 13, 2023 8:45am
Quoting JameRomeo168
{quote} Thank to you remind me of dollar and I suddenly want to go to see USDGBP chart and I see this Utterly Crushing {image}
thas funny
  • #758,202
  • Jul 13, 2023 8:46am Jul 13, 2023 8:46am
I am in shorts as well for 20 pips only entry 1,31060…..
cable needs a breather….
Extreme gut feeling trader
  • #758,203
  • Jul 13, 2023 8:47am Jul 13, 2023 8:47am

Attached Image (click to enlarge)
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be a thinker before being a reacter
  • #758,204
  • Jul 13, 2023 8:48am Jul 13, 2023 8:48am
Possible minor gap fill @ 3131 . look to the left on d1 but more like 1.3300 as 3131 was part of a running flat correction back then and the gap between the two was not filled
Follow The Markets Structure - Patience and Discipline
  • #758,205
  • Jul 13, 2023 8:51am Jul 13, 2023 8:51am
Quoting eyefeelsix
{quote} thanks for listening --- 1.3125 is the maximum level for stop {image}

atm low risk sell ( stop-loss @1.3125 )

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 36 KB
https://breakpullback.com
  • #758,206
  • Jul 13, 2023 8:52am Jul 13, 2023 8:52am
300 pip rise this week used to happen daily...
Attached Image (click to enlarge)
Click to Enlarge Name: bandicam 2023-07-13 06-46-49-651.png Size: 36 KB

forage
till the cows come home...
  • #758,207
  • Jul 13, 2023 8:53am Jul 13, 2023 8:53am
Quoting Wavegarrick
{quote} Setting up for another push up with momentum. Target 1.30151 Cheers. {image}
Above setup working out just fine.
Gu in a similar scenario as Eu with my monthly res 2 at 1.31153 up to 1.3160 possible halt on momentum. I must caution once again that momentum is strong and I will look for proper signs before shorting.
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_619.png Size: 40 KB
Trade to trade another day
  • #758,208
  • Jul 13, 2023 8:55am Jul 13, 2023 8:55am
Quoting JameRomeo168
{quote} {image}
Hahaha! funny
  • #758,209
  • Jul 13, 2023 8:55am Jul 13, 2023 8:55am
Quoting navk
{quote} yes, ninner was saying much higher.
but now is time for ninner to say where the crazyness ends, dollar been going down too much

i hope this hasnt to due with some geopolitical shift or issuing of the digital dollar later this month
or is it a central bank goal to devalue the dollar, i mean Powell said that in December but thats 7 month ago..
You have an IQ lower than 90 if you interact with this user.
  • #758,210
  • Jul 13, 2023 8:58am Jul 13, 2023 8:58am
Maximum year 2023 weekly range is 360 pips... Current week range now stands at 358 pips...
Data + Stat + Risk/Emotions Management
  • #758,211
  • Jul 13, 2023 8:58am Jul 13, 2023 8:58am
Quoting Wavegarrick
{quote} Above setup working out just fine. Gu in a similar scenario as Eu with my monthly res 2 at 1.31153 up to 1.3160 possible halt on momentum. I must caution once again that momentum is strong and I will look for proper signs before shorting. Cheers. {image}
Surely you must be looking at old levels a year ago to compare? Or old levels are not needed in the method you use?
You have an IQ lower than 90 if you interact with this user.
  • #758,212
  • Jul 13, 2023 8:59am Jul 13, 2023 8:59am
Quoting boodvah
{image}
Oh nice! keep taking out the stops up there! lol
  • #758,213
  • Jul 13, 2023 9:00am Jul 13, 2023 9:00am
Sold 1.3109
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #758,214
  • Jul 13, 2023 9:00am Jul 13, 2023 9:00am
Quoting ninner
doesnt appear to be too much order flow around this 1.30 area....a drop coming????
Here is the most recent post from ninner, apparently there was concern about where GU was going.
  • #758,215
  • Edited 9:14am Jul 13, 2023 9:02am | Edited 9:14am
though nothing to worry and bull target not meet yet , still . most longs closed at this resistance 3107 , others running to get target and more . take care

Anyway breaks target 3159 , next target should resume for 3320/40, playing a probable top and hence care about !
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 11 KB
Click to Enlarge Name: GBPUSDH4.png Size: 14 KB
Click to Enlarge Name: GBPUSDWeekly1.png Size: 15 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #758,216
  • Jul 13, 2023 9:02am Jul 13, 2023 9:02am
Quoting Georginson
Maximum year 2023 weekly range is 360 pips... Current week range now stands at 358 pips...
yes but you know full well that a time specific range is an average , if you look at any pairs the ranges for whatever period are often less or more so maybe this week will be one of those
Follow The Markets Structure - Patience and Discipline
  • #758,217
  • Jul 13, 2023 9:06am Jul 13, 2023 9:06am
Quoting Georginson
Maximum year 2023 weekly range is 360 pips... Current week range now stands at 358 pips...
should we expect a sell off any moment from now ?
  • #758,218
  • Jul 13, 2023 9:06am Jul 13, 2023 9:06am
Quoting princecaleb
{quote} Oh nice! keep taking out the stops up there! lol
I got lucky
be a thinker before being a reacter
  • #758,219
  • Jul 13, 2023 9:09am Jul 13, 2023 9:09am
sold 3105.

stop 3120
Intraday only.
  • #758,220
  • Jul 13, 2023 9:09am Jul 13, 2023 9:09am
Quoting OperaniyiFx
{quote} should we expect a sell off any moment from now ?
I would wait for a pause and consolidation on H4 or daily. Price will eventually give something to work with.
this price action is wild atm. I’m thinking next week will make much more sense.
be a thinker before being a reacter
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