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Cable Update (GBPUSD)

  • #771,361
  • Aug 31, 2023 1:42am Aug 31, 2023 1:42am
Quoting Moty
Let's go to the daily pivot {image}
Your template today reminds me of this youtube stream:
Inserted Video
I have no clue where it's going
  • #771,362
  • Aug 31, 2023 1:45am Aug 31, 2023 1:45am
Interesting daily USDX chart. Let's see what happens in Sept.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB
Lost....
  • #771,363
  • Aug 31, 2023 2:05am Aug 31, 2023 2:05am
EU region inflation high yet the Euro and GBP drops.. would have thought this would rise against the USD
Insane in the Brain..
  • #771,364
  • Aug 31, 2023 2:11am Aug 31, 2023 2:11am
Quoting BeeTogether
EU region inflation high yet the Euro and GBP drops.. would have thought this would rise against the USD
In the short term it is never about the data, it is about where the algorithms can move price!
  • #771,365
  • Aug 31, 2023 2:17am Aug 31, 2023 2:17am
Quoting dantpm
{quote} In the short term it is never about the data, it is about where the algorithms can move price!
seems to possibly a liquidity sweep for NFP tomorrow or even other data later today
Insane in the Brain..
  • #771,366
  • Aug 31, 2023 2:19am Aug 31, 2023 2:19am
GU and EU down, gold up.
  • #771,367
  • Aug 31, 2023 2:34am Aug 31, 2023 2:34am
GBP/USD H1

Went Short (this won't be a big Short if at all!)
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD H1.png Size: 21 KB
  • #771,368
  • Aug 31, 2023 2:43am Aug 31, 2023 2:43am
Quoting Whale
Imo price will try to attack 1.266 area today
patiance is key.....here.
average dude treading water
  • #771,369
  • Aug 31, 2023 2:46am Aug 31, 2023 2:46am
Quoting TheWraith
{quote} I would prepare for a possibility of Yen rising considerably tommorow which might mark the top for this period. Reversal warning I have on the charts rarely fails to be honest. Don't expect anything today, maybe another rally if nothing else but it matters not, because tommorow is the day which will decide ultimately.
Unfortunatley, cannot agree with you. Cheers
POSTMASTER
  • #771,370
  • Aug 31, 2023 2:48am Aug 31, 2023 2:48am
Quoting Robinhood1
{quote} Unfortunatley, cannot agree with you. Cheers
What do you see on the charts?

What I see..
Attached Image (click to enlarge)
Click to Enlarge Name: CHFJPY H4.png Size: 23 KB
  • #771,371
  • Aug 31, 2023 2:49am Aug 31, 2023 2:49am
The USDX was in a 12930 to 12950 range from 2pm - 5pm EST. Still sitting in the same rough range.
  • #771,372
  • Aug 31, 2023 2:54am Aug 31, 2023 2:54am
Quoting Robinhood1
{quote} Unfortunatley, cannot agree with you. Cheers
Now that UJ pattern has unfolded a bit more, and if it has not touched support already, maybe 145.50
POSTMASTER
  • #771,373
  • Aug 31, 2023 2:58am Aug 31, 2023 2:58am
Quoting Moty
Let's go to the daily pivot {image}
Booked 30 $ in profit at daily pivot area 1.27000
Now dx at res 103.300
Took long
yes yes yes
  • #771,374
  • Aug 31, 2023 3:04am Aug 31, 2023 3:04am
Quoting dantpm
The USDX was in a 12930 to 12950 range from 2pm - 5pm EST. Still sitting in the same rough range.
sneaky bulls moves, that gap around figure 104 will be filled before the week ends
chaos is just unknown order
  • #771,375
  • Aug 31, 2023 3:12am Aug 31, 2023 3:12am
GBP/USD 15M

If 15M Candle breaks the Zone, 1.267 should be in the bags.

Edit: Just TP-ed on this push down on new 15M candle.
I'm done with trading for today very probably. Waiting for PCE I guess.
Didn't like sudden push down on new 15M candle, leaving without upper wick... almost always the entire candle gets exhausted and the wick is then made.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 15M.png Size: 17 KB
  • #771,376
  • Aug 31, 2023 3:21am Aug 31, 2023 3:21am
Quoting TheWraith
{quote} What do you see on the charts? What I see.. {image}
Visual. Cannot explain. We have AI decoding any strategy. Even not using indicators do not Trust social media.
POSTMASTER
  • #771,377
  • Aug 31, 2023 3:23am Aug 31, 2023 3:23am
Nothing about this feels bullish, this feels more like a trap.
  • #771,378
  • Aug 31, 2023 3:24am Aug 31, 2023 3:24am
Quoting Robinhood1
{quote} Visual. Cannot explain. We have AI decoding any strategy. Even not using indicators do not Trust social media.
That's not fair!

We'll see what awaits us tommorow pal!
  • #771,379
  • Aug 31, 2023 3:29am Aug 31, 2023 3:29am
I've been reading some tweets lots of people are staying away from trading for these 2 days due to uncertainty..what exactly is it all about any idea?
  • #771,380
  • Aug 31, 2023 3:30am Aug 31, 2023 3:30am
Almost hit TP and bounce. In this case I closed manually
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2023-08-31-16-21-41-39_a068875e8d70110f8d1ec48729c67374.jpg Size: 400 KB
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