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Cable Update (GBPUSD)

  • #768,881
  • Aug 21, 2023 2:16am Aug 21, 2023 2:16am
Quoting Robinhood1
{quote} Chfjpy Added @ 164.98. Free Coffee for the whole week
You are going long you mean.
  • #768,882
  • Aug 21, 2023 2:22am Aug 21, 2023 2:22am
waiting for a better bottom formation, below 2687 ( from over 2775 ) for better correction up ! so scalping long end to short start next if failure there ! take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #768,883
  • Aug 21, 2023 2:26am Aug 21, 2023 2:26am
testing short 2740 sl 2757..will add later..
  • #768,884
  • Aug 21, 2023 2:26am Aug 21, 2023 2:26am
critical price on the upside around 1.2753, i ll start to sell -again- on that cluster if technical conditions meet my requisites.
chaos is just unknown order
  • #768,885
  • Aug 21, 2023 2:35am Aug 21, 2023 2:35am
Quoting Robinhood1
{quote} I am expecting Chfjpy to Bounce back at around 164.10. Initial target still remains around 161.90
Its bounced back from 164.45
Target 161.90
.
POSTMASTER
  • #768,886
  • Aug 21, 2023 2:36am Aug 21, 2023 2:36am
Quoting Robinhood1
{quote} Its bounced back from 164.45 Target 161.90 .
More adding @ 165.29
POSTMASTER
  • #768,887
  • Aug 21, 2023 2:37am Aug 21, 2023 2:37am
US dollar
Daily
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No decision taken yet by participants-

Consult higher tf, Weekly
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Looks like it want to go for a minor retrace- Last Weekly candlestick with narrow body (spread) - momentum is fading.

Plan: Imma stay on the sidelines, let the big guys do their thing.
More time in the market, does not mean you trade better!
  • #768,888
  • Aug 21, 2023 2:40am Aug 21, 2023 2:40am
slow morning.
I have no clue where it's going
  • #768,889
  • Aug 21, 2023 2:41am Aug 21, 2023 2:41am
Quoting Ferna
{quote} can you link me Druckenmillers blog?
I just saw some of his interviews on YouTube after watching his story between Him and Soros. My take is that he must have come down to a very low level after the introduction of AI in markets plus social media.
POSTMASTER
  • #768,890
  • Aug 21, 2023 2:42am Aug 21, 2023 2:42am
in whit a couple of "explorers" positions
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chaos is just unknown order
  • #768,891
  • Aug 21, 2023 2:42am Aug 21, 2023 2:42am
Quoting Moty
{image}
I could more like 1.34. Let be petiont
  • #768,892
  • Aug 21, 2023 2:47am Aug 21, 2023 2:47am
Quoting Konichiwhaat
Up to 2750. Reject. Retrace. LL. Nice 15 close. Nice 5 close. Short. SL above 2750
The Pound weakness is here, now we just need the Dollar strength. Adding.
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Emotional Control. Process, not outcome.
  • #768,893
  • Aug 21, 2023 2:52am Aug 21, 2023 2:52am
H4 for me is still bear...but if break 2760..will turn to bullish and lead to 2800 first
  • #768,894
  • Aug 21, 2023 2:57am Aug 21, 2023 2:57am
Quoting Ferna
{quote} But you mentioned his ’blog’ and that he has a good global predictive model.
,
i possibly made myself misunderstood. English is not my first language. This is why i edit so much. A stupid member pointed this out for a laugh yesterday. He can probably only speak his own language without understanding the inperfection for other non English speakers.
I was talking about Martín Armstong. I apoligize.
POSTMASTER
  • #768,895
  • Aug 21, 2023 3:02am Aug 21, 2023 3:02am
Quoting Robinhood1
{quote} More adding @ 165.29
Chfjpy
165.39 too.
POSTMASTER
  • #768,896
  • Aug 21, 2023 3:06am Aug 21, 2023 3:06am
Quoting Konichiwhaat
{quote} The Pound weakness is here, now we just need the Dollar strength. Adding. {image}
Half of added position closed just before the hour with 10 fast pips. Will trail the rest. Waiting for 2720 to close half of small morning position
Emotional Control. Process, not outcome.
  • #768,897
  • Aug 21, 2023 3:13am Aug 21, 2023 3:13am
Quoting Ferna
{quote} Alright understood i much enjoy reading older articles than today’s content. It’s more to the point with these kind of guys.
he is a macro guy so he has a view of the world and will place a long term bet based on that view. All the best traders trade this way
  • #768,898
  • Aug 21, 2023 3:15am Aug 21, 2023 3:15am
added on 30ies
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chaos is just unknown order
  • #768,899
  • Aug 21, 2023 3:21am Aug 21, 2023 3:21am
weak as was forecasted
  • #768,900
  • Aug 21, 2023 3:21am Aug 21, 2023 3:21am
Quoting Konichiwhaat
{quote} Half of added position closed just before the hour with 10 fast pips. Will trail the rest. Waiting for 2720 to close half of small morning position
Nice. Now to see how far the second halfs can both go
Emotional Control. Process, not outcome.
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