Cable Update (GBPUSD)

Quoting palpite

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buy - 1.2719 The last top above the MA. {image}

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Quoting palpite

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{quote} Reverse to sell - 1.2708 {image}

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Quoting palpite

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{quote} Reverse to sell - 1.2708 {image}

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Quoting Nordling

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{quote} Adding to my GU, and EU longs. US credit rating down graded last day, ADP was good for USD but it's known for it's inaccuracy. RBA, Chinese PMI and ADP carried USD too high i think. It's a good time for a pullback. USD is overbought imo BoE rate decision is near, one dove is out. Tenreyro, a dove, is out. A new and more hawkish member has replaced her.. Maybe this meeting is due for a slightly hawkish surprise. Even if it disappoints, i don't think GU will go lower than 1.2650. Trade ar your own risk, greenest pips to everyone! ...

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Quoting Bella.al

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{quote} Cable Update : One Good Morning, I am still working to finish beta v1.8 which still has some more features to implement . The last trade i took was on 27.07.2023 - Short GBPUSD from beta v1.8 which is added to my journal as well. I am continuing to work on the v1.8 Beta Currently added a New Trend info to my trading system ( One ). Bella's Trend 0.37 Trend Direction : Short Date : 27.07.2023 Level : 1.29556 so a break above 1.29556 is required to change trend at my end. Bella's Blue ( beta v1.8) {image}

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Quoting ninner

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hit my daily profit goal already LOL...TRADING IS FUUUUN...TRADING IS FUNNNNNNNN!!!

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Quoting Pat Chiko

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{quote} I only managed to get the first comment. Then was kicked out by ninner. She said I block her....{image} {image}

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Quoting Wavegarrick

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{quote} Hi Erkat, With every extended move there will be a retrace. So if anything I am looking at 1.275000 for a retrace worth 50 pips where I will look for more short entries. Only if we have new daily highs especially in a bearish move with momentum as we had today it could spell trapping moves for sellers. Right now a daily close above 1.28000 will change my bearish stance. If all goes well a target of 1.26500 by tomorrow, Cheers. {image}

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Quoting GEfx

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{quote} Peter, on two different posts on this thread, I asked you to explain the following comment: "Of course "traders" react to news. They may classify themself as a trader but they're not. Why? Econ news and announcements are not THE news that relates to movements. Nobody bothered to pay attention to the full picture to note when the "news" does NOT align with "cool moves" ?????" Of course, you refused to provide any explanation, but you posted a chart depicting PA on the G$ after the FA this morning (ADP). You claimed to know that this move...

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