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Cable Update (GBPUSD)

  • #764,301
  • Aug 4, 2023 9:01am Aug 4, 2023 9:01am
No more data now, storm has settled looking at 15m there is slow paced retrace going on… a close above 12750 would be a good area to resume the move up
Insane in the Brain..
  • #764,302
  • Aug 4, 2023 9:03am Aug 4, 2023 9:03am
GU be like- Hell no i'm not going back to that channel...
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  • #764,303
  • Aug 4, 2023 9:04am Aug 4, 2023 9:04am
A consolidation above the MA, will be a point for to buy with small target - 5 or 10 pips.

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Together we can be strongest
Vantage Return This Month: na
  • #764,304
  • Aug 4, 2023 9:05am Aug 4, 2023 9:05am
Quoting Theoak
Looking for a little retrace, then I'm getting on the Bull ride!!!!

Long 1.2757
Don't trade what you think. Just what you see!!!
  • #764,305
  • Aug 4, 2023 9:05am Aug 4, 2023 9:05am
Quoting Fx3423454
Has it occurred to anyone that it was simply a surprise reading? It's not a big algo conspiracy. Some algos might be programmed to simply sell on the release. Then stop losses get hit, other traders are manually entering trades once they see the number. Surprise data, duh! As far as the ECB Interest Rate which is when the conspiracies started floating around. That was easy. After the U.S. rate decision, they waited until the next day to make sure ECB didn't surprise the market since both interest rate decisions were back-to-back only 24 hours...
Wait are you telling us to expand our attention span to 2 days, from 1 day?
You have an IQ lower than 90 if you interact with this user.
  • #764,306
  • Aug 4, 2023 9:07am Aug 4, 2023 9:07am
IMO, above 1.28200 then can expect more up move to 1.30~
Right now DH 1.278 still on the MA bear line , have chance to go down.
I will wait more time to make entry.
  • #764,307
  • Aug 4, 2023 9:08am Aug 4, 2023 9:08am
Quoting Ferna
{quote} Wait are you telling us to expand our attention span to 2 days, from 1 day?
Trade at your own risk.
  • #764,308
  • Aug 4, 2023 9:10am Aug 4, 2023 9:10am
Quoting pipfarm
Considering the origin of the Whole move down D1 , the structure unfolds down to H4 subdivision , H4 subdivides on H1 , so for me it was clear to see H4 was moving against D1 therefore implying a corrective move against D1 origin of swing, does not mean i traded long as my bias is short from the D1 down swing.
I place the origin on W1, not D1.
From that down move, rallies progressed upward through the TFs through H16, with H16 returning down beginng on 27 July, bringing the entire system down from W1 through M1. This "down market" has up corrective bias that progressed through H8 starting yesterday (and at this moment looks likely to be confirmed through D1 at today's close). Therefore, I do not see this current run up to be a corrective move against the D1, but rather more likely to be working to take D1 up into a corrective rally against the W1 down swing.
To free Gazans of Hamas, use whatever it takes.
  • #764,309
  • Aug 4, 2023 9:11am Aug 4, 2023 9:11am
Quoting Pat Chiko
{quote} GU Next week plan........ overall view.{image}

But price reject the weekly block.. Indicating that, they want to push the price higher... well, today is not over.. who knows they may sell it back but i doubt...

I am surprise to see the rejection. we'll always go with the flow..
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  • #764,310
  • Aug 4, 2023 9:14am Aug 4, 2023 9:14am
Quoting navk
I do not see anything even in my 1 min chart for sell now. Trading on demo chart for time pass today
Maybe here you saw something to sell on M1?
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To free Gazans of Hamas, use whatever it takes.
  • #764,311
  • Aug 4, 2023 9:16am Aug 4, 2023 9:16am
below 2772 there is sell today
Intraday only.
  • #764,312
  • Aug 4, 2023 9:17am Aug 4, 2023 9:17am
PASSES PHASE 2!!
those last 200$ were real bitch (a psychological combat indeed) but made it any way
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  • #764,313
  • Aug 4, 2023 9:17am Aug 4, 2023 9:17am
Quoting DrDave
{quote} Maybe here you saw something to sell on M1? {image}
there is sell around 2772 in 1 min chart in my chart. But i was looking at something else
Intraday only.
  • #764,314
  • Aug 4, 2023 9:20am Aug 4, 2023 9:20am
Quoting greenpips4
PASSES PHASE 2!! those last 200$ were real bitch (a psychological combat indeed) but made it any way {image}
Phase1 was way smoothly done..
  • #764,315
  • Aug 4, 2023 9:20am Aug 4, 2023 9:20am
Quoting greenpips4
PASSES PHASE 2!! those last 200$ were real bitch (a psychological combat indeed) but made it any way {image}
  • #764,316
  • Aug 4, 2023 9:22am Aug 4, 2023 9:22am
Quoting Fx3423454
Has it occurred to anyone that it was simply a surprise reading? It's not a big algo conspiracy. Some algos might be programmed to simply sell on the release, then stop losses get hit. Other traders are manually entering trades once they see the number. Surprise data, duh! As far as the ECB Interest Rate which is when the conspiracies started floating around. That was easy. After the U.S. rate decision, they waited until the next day to make sure ECB didn't surprise the market since both interest rate decisions were back-to-back only 24 hours...
please stop spreading junk
How to succeed in zero sum game?
  • #764,317
  • Aug 4, 2023 9:22am Aug 4, 2023 9:22am
Quoting DrDave
{quote} OK, I read that Chaology PPTX. A lot of the same kind of materials that I have already consumed from various academic papers and the Web. I have no idea what the Orbit thing is you referred to. Strecthing and folding of space by the point that is moving through it is basic to chaos theory, so will be a common thread in about every discussion of the topic.
OK, I did a bit of sleuthing. I suspect that "the orbit guy" is:
Samuel O. Ikwue, MBA, PGD, HDM

PGD= Post Graduate Diploma
HDM = ???
To free Gazans of Hamas, use whatever it takes.
  • #764,318
  • Aug 4, 2023 9:25am Aug 4, 2023 9:25am
Quoting Pat Chiko
{quote} GU Short set up post NFP. Accumulatin stage at Premium for going short..... Maybe next week. As for the rest of the day, some manipulation to get sell at premium going on. The chart.{image} . Thank GOD, I'm off early tonight. Usually, I'm stuck in my trades, not tonight Baby. Going off early tonight for party. Whooo.{image} Time for party , not fight........
You absolutely murder the market to today and by the looks of it got someone's(we wont mention any names) back up...standing ovation...
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  • #764,319
  • Aug 4, 2023 9:25am Aug 4, 2023 9:25am
Last trade for the day AUDCAD LONG... Leave small position open we can do 400 pips or more with these analysis..
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  • #764,320
  • Aug 4, 2023 9:26am Aug 4, 2023 9:26am
Quoting palpite
A consolidation above the MA, will be a point for to buy with small target - 5 or 10 pips. {image}
buy - 1.2765

stop loss below the bottom.

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