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Cable Update (GBPUSD)

  • #766,101
  • Aug 10, 2023 2:50pm Aug 10, 2023 2:50pm
Quoting T721
FTSE UPDATE ----- where we are now ------ Long ways to go yet. Laters all, lets see where we are tomorrow {image}
FTSE --- Quick Update ---- CHART SPEAKS (better than i can)
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  • #766,102
  • Aug 10, 2023 2:54pm Aug 10, 2023 2:54pm
Quoting Moty
Booked the loss There is no point staying with long position in a bearish trend Took short for 10 pips {image} {image}
Easy money
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yes yes yes
  • #766,103
  • Aug 10, 2023 2:55pm Aug 10, 2023 2:55pm
Quoting Waveskierrob
{quote} ...just showing everyone how easy it is Leon ...easy peasy lemon da squeeze...love you
NO TE = HEARSAY
Trade at your own risk.
  • #766,104
  • Aug 10, 2023 2:56pm Aug 10, 2023 2:56pm
Quoting thevisitor
...unsubscribed....only idiots here
I knew you were alien!!

"The Visitor"

You think we're stupid, is that what you think!?


thevisitor: "Jesus Christ... another idiot..."

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  • #766,105
  • Aug 10, 2023 2:56pm Aug 10, 2023 2:56pm
Quoting Waveskierrob
{quote} ...just showing everyone how easy it is Leon ...easy peasy lemon da squeeze...love you
Inserted Video
Trade at your own risk.
  • #766,106
  • Aug 10, 2023 3:00pm Aug 10, 2023 3:00pm
Quoting Fx3423454
{quote} NO TE = HEARSAY
Exactly, well done you finally get it, it's all hearsay yes my posts all hindsight not worth the paper it's printed on, only posting "real time" can carry any worth...
  • #766,107
  • Aug 10, 2023 3:01pm Aug 10, 2023 3:01pm
Alot of fakeouts today. Took a while to get the shorts through.

oh yeah forgot: Please like, comment and subscribe.
You have an IQ lower than 90 if you interact with this user.
  • #766,108
  • Aug 10, 2023 3:10pm Aug 10, 2023 3:10pm
...Had a quiet trading session today, ....a little tired of all the bickering here, will probably do same tomorrow.

Meantime, an edge-of-the-cliff sell-off from 2819 current and likely dly/current wkly hi has exceeded 61.8% of the recent 2620-2819 bullish recovery attempt after the drop from 3142 to said 2620. Price @ current dly lo has just entered the wide 4hr part of the prev 1hr/4hr/minor dly sw lo zone that extends down to that 2620....1hr part starts circa 2646. Wkly S1 is @a/round the bottom of it 2622 with Mthkly S1 @/around 2614 just below it. The next downside fibs of the major swing lo moves all to 3142-current yrly hi, are (2630/2626,) then 2582, 2549, 2502 in the 2500's.
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Trader with an Edge.
  • #766,109
  • Aug 10, 2023 3:10pm Aug 10, 2023 3:10pm
Quoting Waveskierrob
{quote} Exactly, well done you finally get it, it's all hearsay yes my posts all hindsight not worth the paper it's printed on, ..
Bravo.......Post of the day
Trade to trade another day
  • #766,110
  • Edited 3:22pm Aug 10, 2023 3:10pm | Edited 3:22pm
Big Banks did a great job today in confusing us where the price is going, at least me. But it's clear now...

Daily Chart

GBP/USD and EUR/USD

There's definitely potential for a price to drop even further than 1.26.

According to the Weekly chart, Support could be found somewhere around 1.25600 - 1.25780.

Support on Monthly Chart is at 1.24 sharp.
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  • #766,111
  • Aug 10, 2023 3:13pm Aug 10, 2023 3:13pm
...a weak Uk Gdp print tomorrow could add more pressure on the £, and conversely, a better than last mth and/or forecast could bring it some relief? Price so far today > Y/day's hi-lo +50% and 150% of 30day adr. A downside breakk and clear of 2620 exposes the prev 4hr/dly/minor wkly sw lo zone that extends down to 2591 - the last HL in the wkly uptrend.
------------------------------------------

4hr below
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Trader with an Edge.
  • #766,112
  • Aug 10, 2023 3:14pm Aug 10, 2023 3:14pm
Quoting Wavegarrick
{quote} Bravo.......Post of the day
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  • #766,113
  • Aug 10, 2023 3:18pm Aug 10, 2023 3:18pm
Quoting Moty
{quote} Easy money {image} {image}
Easy money??? Knowing your history as a trader...
  • #766,114
  • Aug 10, 2023 3:24pm Aug 10, 2023 3:24pm
Quoting LifeRider
After all that build up, we took the top of the range, and now back inside? Going down now? {image}
I've revised my interpretation of the structure in the range we've just been in:
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BTW, I AM looking for comments. I am not a proficient trader, and I always appreciate your feedback. Thank you.

Morover, for the same reason, do not follow my lead - you'll get nowhere fast
I have no clue where it's going
  • #766,115
  • Aug 10, 2023 3:43pm Aug 10, 2023 3:43pm
Quoting LifeRider
{quote} I've revised my interpretation of the structure in the range we've just been in: {image} BTW, I AM looking for comments. I am not a proficient trader, and I always appreciate your feedback. Thank you. Morover, for the same reason, do not follow my lead - you'll get nowhere fast
I’d go with Wavegarrick’s older analysis. It is starting to fall through.

There is just alot of bumps on the road, and accelerations and decelerations.
Most proably we are a bit into a deceleration-phase now, so one has to slow down a bit and add an hour or two.
You have an IQ lower than 90 if you interact with this user.
  • #766,116
  • Aug 10, 2023 3:46pm Aug 10, 2023 3:46pm
The Greedy Trader's entry

After you have had enough profit you still want more...
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My telegram: https://t.me/avidforex
  • #766,117
  • Aug 10, 2023 3:48pm Aug 10, 2023 3:48pm
Quoting LifeRider
{quote} I've revised my interpretation of the structure in the range we've just been in: {image} BTW, I AM looking for comments. I am not a proficient trader, and I always appreciate your feedback. Thank you. Morover, for the same reason, do not follow my lead - you'll get nowhere fast
if you wanna jump on zoom for a bit let me kmow
  • #766,118
  • Aug 10, 2023 3:52pm Aug 10, 2023 3:52pm
Quoting Cgpips
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.
WOW, I'm so close accurately right this time.
GU reverse and heading to south @ 1.28188
1.28200 is according to my H1 MA lines system
It's a pity I didn't grab a lot today, had lost too much at early Tokyo session.
and somehow lose faith to trade CPI news.
Now my short positions still held, see if it can go to 1.25750.
  • #766,119
  • Aug 10, 2023 3:52pm Aug 10, 2023 3:52pm
Quoting T721
{quote} if you wanna jump on zoom for a bit let me kmow
I'd love that. Would you have time tomorrow after 7pm?
I have no clue where it's going
  • #766,120
  • Aug 10, 2023 3:56pm Aug 10, 2023 3:56pm
Quoting LifeRider
{quote} I'd love that. Would you have time tomorrow after 7pm?
Yup no probs,, just send me a reminder tomorrow . I should really keep a diary, i think i have a session at 2.30pm tomorrow and again at 6pm
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