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Cable Update (GBPUSD)

  • #833,941
  • Aug 1, 2024 4:29am Aug 1, 2024 4:29am
Quoting navk
Do not buy at all. How about this? I am serious. Protect the account
Hi. These 'edge of a cliff' sell-offs with big bearish thrust candles on 30min + tend to just slice thru potential supp/rbs factors without much fuss until of course the move reaches it's short-term or longer swing point bottom. For the smaller t/f traders like me and you you have to be nimble if attempting a long, and get out when it looks like it will turn south again. It also helps to know where price is re Dly Pivots and adr if intraday trading, re timing any anti-move position.
-----------------------------------------------------------

Price has arrived @ a prev 4hr sw hi zone = pot rbs, and a prev 1hr sw lo zone = pot supp, @ 165% 30day adr.
Market seems to be pricing in a rate cut later re Boe/mpc, in this pairing?

4hr/1hr below
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Trader with an Edge.
  • #833,942
  • Aug 1, 2024 4:30am Aug 1, 2024 4:30am
Quoting Georginson
{quote} This move is a big shock to many traders, the market is heavily manipulated and we always have to deal with it. Only the strong and disciplined can survive this market.
GU hit 7months high

major markets near all time high.


i have said dumb money is buying at 7 months high until they hit quarter levels I see a strong buyers below 1.2750
MY OPINION NOT FINANCIAL ADVISE
  • #833,943
  • Aug 1, 2024 4:40am Aug 1, 2024 4:40am
Quoting Georginson
{quote} This move is a big shock to many traders, the market is heavily manipulated and we always have to deal with it. Only the strong and disciplined can survive this market.
maybe Boe delivers more than 0.25 cut
People don't plan to lose. They lose because they don't plan.
  • #833,944
  • Aug 1, 2024 4:41am Aug 1, 2024 4:41am
Quoting JameRomeo168
Imagine BOE Cut Rate And US Data tomorrow print all green
if that is the case my chart I posted yesterday could take us towards 127-12650
Insane in the Brain..
  • #833,945
  • Aug 1, 2024 4:44am Aug 1, 2024 4:44am
Quoting BeeTogether
{quote} crazy hey? Time to celebrate by paying a credit card bill
hahaha of course 1st thing
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #833,946
  • Aug 1, 2024 4:45am Aug 1, 2024 4:45am
gold hit all time high

4hrs run 3 push reversal
1hr at discount
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MY OPINION NOT FINANCIAL ADVISE
  • #833,947
  • Aug 1, 2024 4:49am Aug 1, 2024 4:49am
Quoting donfriday
gold hit all time high 4hrs run 3 push reversal 1hr at discount {image}
I wanna TP much lower but I already love this plan
People don't plan to lose. They lose because they don't plan.
  • #833,948
  • Aug 1, 2024 4:50am Aug 1, 2024 4:50am
Long 1.2760 SL 1.2730
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #833,949
  • Aug 1, 2024 4:53am Aug 1, 2024 4:53am
Quoting Yngwie
Long 1.2760 SL 1.2730
wish you luck Bro but 1h to data from UK, strong bearish trend, watch out, I can buy if we break 1.27 but just for scalp I think
People don't plan to lose. They lose because they don't plan.
  • #833,950
  • Aug 1, 2024 4:53am Aug 1, 2024 4:53am
Quoting Georginson
{quote} This move is a big shock to many traders, the market is heavily manipulated and we always have to deal with it. Only the strong and disciplined can survive this market.
simple.

Do not trade the market, just watch only on major news days
Intraday only.
  • #833,951
  • Aug 1, 2024 4:54am Aug 1, 2024 4:54am
Quoting trumps
I'm a little short, looking at 2750 area. You got your Tivo yet?? https://youtu.be/xPxs0Qh72kY {image}
Out of shorts now.

Later today around 1.2744ish?...
Inserted Video
Compulsions can be hard to resist
  • #833,952
  • Aug 1, 2024 4:55am Aug 1, 2024 4:55am
Quoting ScalaFX
{quote}I wanna TP much lower but I already love this plan

yes much lower is possible maybe at quarter level 2250 but I don't want to risk it

if I see any reason will share my view
MY OPINION NOT FINANCIAL ADVISE
  • #833,953
  • Aug 1, 2024 4:57am Aug 1, 2024 4:57am
Quoting navk
{quote} simple. Do not trade the market, just watch only on major news days

a guy on twitter trade like that..no red news no trade
MY OPINION NOT FINANCIAL ADVISE
  • #833,954
  • Aug 1, 2024 4:57am Aug 1, 2024 4:57am
Quoting Georginson
{quote} This move is a big shock to many traders, the market is heavily manipulated and we always have to deal with it. Only the strong and disciplined can survive this market.
what the hell are you talking about and what the hell are people liking this shitpost? What manipulated? Have you read news? Did you see yesterday Fed monetary policy meeting? Wake up!
How to succeed in zero sum game?
  • #833,955
  • Aug 1, 2024 4:57am Aug 1, 2024 4:57am

the show hasn't started yet, main menu has been served

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https://breakpullback.com
  • #833,956
  • Aug 1, 2024 4:58am Aug 1, 2024 4:58am
Hello Guys be careful,
if in case BOE didn't cut the Rate the Pound will shoot up,
even a Hawkish Cut will Trigger Buying
i am not trading Pound atm,
but i bought Guppy 191.30
lets see if it can get to 193.
i could be wrong,
but i do see EU rate cut and then eurjpy went up 200 pips in 2 days,
and tomorrow is NFP also so i will be careful.
just a thought,
pound is not at 1.2760
not a bad idea to look in profits
good luck
Don't compare your Trades with Others
  • #833,957
  • Edited 5:11am Aug 1, 2024 5:00am | Edited 5:11am
Quoting dempire1
{quote} what the hell are you talking about and what the hell are people liking this shitpost? What manipulated? Have you read news? Did you see yesterday Fed monetary policy meeting? Wake up!
I like this sentence" only strong and disciplined will survive"
People don't plan to lose. They lose because they don't plan.
  • #833,958
  • Aug 1, 2024 5:02am Aug 1, 2024 5:02am
GU:H4
H4 SRF, Possible reversal levels are 1.2702-1.2678 (Break tradeline and Retest).
Trade Safe.
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Intraday Trading is an Art _ hoda
  • #833,959
  • Aug 1, 2024 5:02am Aug 1, 2024 5:02am
Quoting eyefeelsix
the show hasn't started yet, main menu has been served {image}
Yes, I see earlier GU likes doing 300 pips, this was often but this days rare, maybe today?
People don't plan to lose. They lose because they don't plan.
  • #833,960
  • Aug 1, 2024 5:04am Aug 1, 2024 5:04am
Quoting dempire1
{quote} what the hell are you talking about and what the hell are people liking this shitpost? What manipulated? Have you read news? Did you see yesterday Fed monetary policy meeting? Wake up!
I think you need to tone down on your aggression. Your posts are usually this fiery. You don't need to always be this way. That post was addressed to me. He replied me and not you. You could thumb it down and move on or leave a respectful counter post and move on. Posts that are laced with insults don't paint a good picture of the commenter.
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