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Cable Update (GBPUSD)

  • #767,341
  • Aug 15, 2023 7:25am Aug 15, 2023 7:25am
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  • #767,342
  • Aug 15, 2023 7:30am Aug 15, 2023 7:30am
Quoting dantpm
DXY has a nice W pattern happening. So does the EU. GU is lagging!
I cannot trade gu after the dxy chart
  • #767,343
  • Aug 15, 2023 7:37am Aug 15, 2023 7:37am
Quoting maxi444
{quote} forex is not a business of two or a family business, important how to decide in all this mess
I think you've missed the point. Your money management skills are likely either "good" or "bad" depending on the skills of your parents. And together with your outlook on being "in control" or not, will shape your decision making on MANY aspects in life, including how you trade. It has nothing to do with Forex, or any other market, being a family business or not. If you have poor skills, you can be tradinig Forex, stocks, or at the local flea market, and you will tend to have poor results. Period.
To free Gazans of Hamas, use whatever it takes.
  • #767,344
  • Aug 15, 2023 7:38am Aug 15, 2023 7:38am
Sharing my LT and ST view. My Outlook is SELL. 1.275x is Sell LMT.
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  • #767,345
  • Aug 15, 2023 7:44am Aug 15, 2023 7:44am
Quoting maxi444
{quote} I cannot trade gu after the dxy chart
same here mate. both DXY and GU contridicting eachother
  • #767,346
  • Aug 15, 2023 7:52am Aug 15, 2023 7:52am
2748 nice, I m not sure if higher, on the m5 chart possible
  • #767,347
  • Aug 15, 2023 7:53am Aug 15, 2023 7:53am
Unholy strength in GU.
Wonder if they all will get squeezed, or this is a new journey to 1.35.
You have an IQ lower than 90 if you interact with this user.
  • #767,348
  • Aug 15, 2023 7:55am Aug 15, 2023 7:55am
Quoting pipfarm
{quote} So you think this is the beginning of new D1 upswing, as said i have D1 poking its head into W1 but sometimes that happens and it falls sharply away , so at the moment i will keep my bias to the short side but will not enter any short until i see that H1 trending down. If any of the other majors are anything to go by they are already preparing to assault new lows DXY in a correction on H4 which may have been a contributing factor to Cables erratic move , however i can not see DXY correction sustained for too long ,so overall looking good...
I am saying that it is likely to be the beginning of a new D1 swing up.
This H4 capture also shows that H8 is going up with it. The ensuing H4 swing down will tell more after we see if it ends as a pullback or as an extended return down. In the mean time, for the H4/H8 to stop going up, every TF below H4 must go down. Has M15 started down yet??
(My main focus is on LAGGING indicators on multiple TFs.)

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To free Gazans of Hamas, use whatever it takes.
  • #767,349
  • Aug 15, 2023 7:55am Aug 15, 2023 7:55am
Quoting greenpips4
{quote} same here mate. both DXY and GU contridicting eachother
of course, but this contradiction is not safe for my decision
  • #767,350
  • Aug 15, 2023 7:58am Aug 15, 2023 7:58am
Quoting greenpips4
{quote} same here mate. both DXY and GU contridicting eachother
Which TF are you talking about? Because I see at last 1 TF where they agree.
To free Gazans of Hamas, use whatever it takes.
  • #767,351
  • Aug 15, 2023 8:01am Aug 15, 2023 8:01am
re open and partial close..still.on long
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  • #767,352
  • Aug 15, 2023 8:03am Aug 15, 2023 8:03am
Quoting DrDave
{quote} Which TF are you talking about? Because I see at last 1 TF where they agree.
I am looking for shorts on GU at current level but dxy is not yet near its support or demand zone.
and that H4 close on looks scary for GU bears.
  • #767,353
  • Edited 8:19am Aug 15, 2023 8:04am | Edited 8:19am
Quoting DrDave
{quote} I think you've missed the point. Your money management skills are likely either "good" or "bad" depending on the skills of your parents. And together with your outlook on being "in control" or not, will shape your decision making on MANY aspects in life, including how you trade. It has nothing to do with Forex, or any other market, being a family business or not. If you have poor skills, you can be tradinig Forex, stocks, or at the local flea market, and you will tend to have poor results. Period.
I don't trade forex because I'm rich or poor, but to earn a little or a lot, through my intelligence, my parents are not important, the money is on the sidewalk, it just needs to be picked up, I have never had problems with money, but I have not always been smart in my life
  • #767,354
  • Aug 15, 2023 8:09am Aug 15, 2023 8:09am
im done for today...we are on H4 upper bands..it can move higher if enough volume.. or can reject and bounce down from here 2750 ...take care..
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  • #767,355
  • Aug 15, 2023 8:09am Aug 15, 2023 8:09am
Quoting greenpips4
{quote} I am looking for shorts on GU at current level but dxy is not yet near its support or demand zone. and that H4 close on looks scary for GU bears.
next h4 i guess there is a chance for bears right?
  • #767,356
  • Aug 15, 2023 8:11am Aug 15, 2023 8:11am
Complete setup
GU1
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  • #767,357
  • Aug 15, 2023 8:11am Aug 15, 2023 8:11am
Quoting Ferna
Unholy strength in GU. Wonder if they all will get squeezed, or this is a new journey to 1.35.
A nvm.. missed a little detail
You have an IQ lower than 90 if you interact with this user.
  • #767,358
  • Aug 15, 2023 8:17am Aug 15, 2023 8:17am
Inserted Video
FRENCH! for him gold was important, I can't pay on the market with gold
  • #767,359
  • Aug 15, 2023 8:21am Aug 15, 2023 8:21am
Whant to see 1.2770
  • #767,360
  • Aug 15, 2023 8:25am Aug 15, 2023 8:25am
Quoting silverjazz
{quote} next h4 i guess there is a chance for bears right?
Don't get ahead of yourself: Has even M15 SHOWN you there is a chance for the bears?
To free Gazans of Hamas, use whatever it takes.
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