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Cable Update (GBPUSD)

  • #834,161
  • Aug 2, 2024 3:17am Aug 2, 2024 3:17am
Quoting hoda
{quote} GU: H4- Downtrend Continued. Trade Safe. {image} {image}
Hoda.

I bought at 1.2710
Dont discourage me.
  • #834,162
  • Edited 3:38am Aug 2, 2024 3:24am | Edited 3:38am
...U.s Nfp dependent, we could end up with the fabled 3 black crows on wkly t/f @ wkly market close later? The bullish hidden div currently on the 2 x osc's on my dly t/f is valid only whilst price is above 2615. An alternative view to the possible 3 black crows is that the move up to 3045 was a 1st b/o of the prev wkly range and p/back to it, for a possible 2nd upside b/o?

wkly below
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Trader with an Edge.
  • #834,163
  • Aug 2, 2024 3:30am Aug 2, 2024 3:30am
Quoting genadi
{quote} Hoda. I bought at 1.2710 Dont discourage me.
Hope you set your profit target at 1.2775.
Intraday Trading is an Art _ hoda
  • #834,164
  • Aug 2, 2024 3:49am Aug 2, 2024 3:49am
...so 2nd downside b/o of y/day lo proves false too, 1st downside b/o of Asian lo similar, as price now about to challenge the prev 1hr sw hi zone that extends to Asian/current dly hi, = pot res.

1hr below
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Trader with an Edge.
  • #834,165
  • Aug 2, 2024 4:01am Aug 2, 2024 4:01am
Quoting hoda
{quote} Hope you set your profit target at 1.2775.
  • #834,166
  • Aug 2, 2024 4:01am Aug 2, 2024 4:01am
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If you look at the MACD H1 the direction is up. I will enter sell when the MACD becomes Bearish. Following MACD Signal D1
  • #834,167
  • Aug 2, 2024 4:03am Aug 2, 2024 4:03am
Quoting Fadly-6000
{image}If you look at the MACD H1 the direction is up. I will enter sell when the MACD becomes Bearish. Following MACD Signal D1
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D1 MACD still Bearish
  • #834,168
  • Aug 2, 2024 4:08am Aug 2, 2024 4:08am
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Lets see... i still wait confirmation for entry
  • #834,169
  • Aug 2, 2024 4:13am Aug 2, 2024 4:13am
Quoting fontu
As testing 2700 , abounce towards 2740 may possible , take care
So over 2740 , below 53 may start next leg down ! Waiting what happen ! Take care
Signal 2733
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #834,170
  • Aug 2, 2024 4:29am Aug 2, 2024 4:29am
Quoting Yngwie
Long 1.2710 SL 1.2680 My support at 1.2690
Closed for 25p since later have 3 USD booster news. Resistance at 1.2775
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #834,171
  • Aug 2, 2024 5:12am Aug 2, 2024 5:12am
Quoting Pat Chiko
{quote} GU Partial TP Moved to positive stop. Pullback to Tokyo session Next target weekly FVG ( previous posted chart) Any break of structure is the sign of reversal on NFP data release.{image} Trade safe
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Don't Leave Money on the Table
  • #834,172
  • Aug 2, 2024 5:33am Aug 2, 2024 5:33am
Quoting Wavegarrick
{quote} Nothing to hide, nothing to gain. The above buy trade was taken out for a 56 pip loss. I am in with some more buy trades. I do suspect a reversal to the upside at some point. Trade safe, Cheers. {image}
I see that the time has come for the rise. It might be worth considering the possibility.
good luck mate.
  • #834,173
  • Aug 2, 2024 6:13am Aug 2, 2024 6:13am
short scalp 2745 SL 2760 target 2700
People don't plan to lose. They lose because they don't plan.
  • #834,174
  • Aug 2, 2024 6:14am Aug 2, 2024 6:14am
12740 seems to be the support are that’s becoming resistance. NFP soon, a big chance that it might be green or even slightly less than last month it will mean a further push down
Insane in the Brain..
  • #834,175
  • Aug 2, 2024 6:20am Aug 2, 2024 6:20am
I just don't see how US data will be red today. I think the data will be black and green or green all through.
  • #834,176
  • Aug 2, 2024 6:23am Aug 2, 2024 6:23am
Quoting Mitiblotch
I just don't see how US data will be red today. I think the data will be black and green or green all through.
yesyesyes
But reaction to this data is a mistery
People don't plan to lose. They lose because they don't plan.
  • #834,177
  • Aug 2, 2024 6:25am Aug 2, 2024 6:25am
Quoting HaLBot
{quote} {image}

You are being unfair. Haven't you read about Nancy? She doesn't trade. Her finances are managed by her husband. Any gains that result from coincidental timing with her political activities are just that pure coincidence.

  • #834,178
  • Aug 2, 2024 6:29am Aug 2, 2024 6:29am
Quoting ScalaFX
{quote} yesyesyes But reaction to this data is a mistery
If the movers want to go up they'll spike price down 20 pips and immediately rail it by up with lightening speed, like thieves. If they want down then all the way to below 2700. I personally still do not expect sub 2700 to last for too long.
  • #834,179
  • Aug 2, 2024 6:29am Aug 2, 2024 6:29am
Quoting eyefeelsix
the show hasn't started yet, main menu has been served {image}

I only take 1 scenario for GU, if this imagination doesn't come up that's ok with me

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https://breakpullback.com
  • #834,180
  • Aug 2, 2024 6:36am Aug 2, 2024 6:36am
Quoting Mitiblotch
I just don't see how US data will be red today. I think the data will be black and green or green all through.
All i see is blue
More time in the market, does not mean you trade better!
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