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Cable Update (GBPUSD)

  • #773,341
  • Sep 7, 2023 9:42am Sep 7, 2023 9:42am
2523 is full 261 fib ext
  • #773,342
  • Sep 7, 2023 9:43am Sep 7, 2023 9:43am
Another win,this time it's for 10 pips
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yes yes yes
  • #773,343
  • Sep 7, 2023 9:43am Sep 7, 2023 9:43am
Quoting Zebi
i got a buy signal on 4H GU but daily is a sell price needs to close above 2506 on daily for reversal so it will probably reach that level because of the 4H buy sig but anything at and above 2506 is a good reshort area


lets not all get hysterical and look for ridiculous bull targets LOL... have to keep perspective gentlemen so bools dont get your panties in a knot...tis just a 4H buy sig probably back to 2506ish

ill be shorting from that area for the weekly continuation fall
short trump and go long the deepstate
  • #773,344
  • Sep 7, 2023 9:45am Sep 7, 2023 9:45am
on the 5 min we just filled the pin candle , so we have a DB and a DT on that 5 min .see if it heads longer now
  • #773,345
  • Sep 7, 2023 9:57am Sep 7, 2023 9:57am
Could this be that loooong awaited bounce?
1.2530 is my target.
  • #773,346
  • Sep 7, 2023 10:01am Sep 7, 2023 10:01am
15 min corresponding renko m10...
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  • #773,347
  • Sep 7, 2023 10:02am Sep 7, 2023 10:02am
Quoting BrainBucks
Could this be that loooong awaited bounce? 1.2530 is my target.
I was waiting for you to come back and tout your 1.2445 target!
Turns out that was a pretty good call!
  • #773,348
  • Sep 7, 2023 10:04am Sep 7, 2023 10:04am
Quoting elbert3
2523 is full 261 fib ext
elbert3, a lot of work has to be done to get there, many roadblocks on the way. But, if today's low holds, is also achievable.
Attached Image(s) (click to enlarge)
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Always trade your own plan...I don't provide trading signals.
  • #773,349
  • Sep 7, 2023 10:05am Sep 7, 2023 10:05am
Quoting dantpm
{quote} I was waiting for you to come back and tout your 1.2445 target! Turns out that was a pretty good call!
Many thanks.
Yea I'm not really one to give myself props That's history now.
The next call is what every trader looks ahead to.
  • #773,350
  • Sep 7, 2023 10:11am Sep 7, 2023 10:11am
Quoting Coreg2004
{quote} elbert3, a lot of work has to be done to get there, many roadblocks on the way. But, if today's low holds, is also achievable. {image} {image}
hello Coreg nice chart could it be TL attraction,, ?? just play it as we see it just about have the same numbers this time lol Regards E
  • #773,351
  • Sep 7, 2023 10:14am Sep 7, 2023 10:14am
watch 2467 area for possible carry on with short, just having a hard time on the five min ,to break longer
  • #773,352
  • Sep 7, 2023 10:26am Sep 7, 2023 10:26am
Quoting eyefeelsix
{quote} keep drilling baby $8k safe by trailing stop {image}

the sudden movement of the green candle ( below 1.2500 ) is a sign sellers lack of liquidity, so need to manipulate buyers to get 1.2400


However, I don't trust 100% with what I see, the exit point still holds where it should

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https://breakpullback.com
  • #773,353
  • Sep 7, 2023 10:36am Sep 7, 2023 10:36am
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  • #773,354
  • Sep 7, 2023 10:42am Sep 7, 2023 10:42am
Quoting BrainBucks
Could this be that loooong awaited bounce? 1.2530 is my target.
I don't trust the sustainability of this bounce.
Closed at 1.2489 for 38 pips.
Back to observation mode
  • #773,355
  • Sep 7, 2023 10:42am Sep 7, 2023 10:42am
I didn't took the short signal because dx was at 105.040
I took the long position even before the 15 pips spike up
Now i will earn the 15 pips of the signal candle and the 15 pips of the target
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yes yes yes
  • #773,356
  • Sep 7, 2023 10:48am Sep 7, 2023 10:48am
I closed all longs.

A dip now would be buy for me.
Intraday only.
  • #773,357
  • Edited 11:05am Sep 7, 2023 10:54am | Edited 11:05am
Tomorrow is friday.

A buy when Asia opens is preferable until NYO. The price likely to stay above 2450 when Asia opens.

In NYO... only short trades I prefer.


This is just i am posting what happens usually.

One can take it leave it.

No comments needed on this.
Intraday only.
  • #773,358
  • Sep 7, 2023 10:57am Sep 7, 2023 10:57am
checking pa , this sr working for few hours ! lets see
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #773,359
  • Sep 7, 2023 11:02am Sep 7, 2023 11:02am
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  • #773,360
  • Sep 7, 2023 11:03am Sep 7, 2023 11:03am
GU -- not much action off the bottom yet and still holding longs
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