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Cable Update (GBPUSD)

  • #835,141
  • Aug 14, 2024 4:04am Aug 14, 2024 4:04am
Quoting BeeTogether
{quote} I was looking at Pepperstone and also Plus500 but need to research them further

Got the name wrong....it's Eightcap
Don't Leave Money on the Table
  • #835,142
  • Aug 14, 2024 4:10am Aug 14, 2024 4:10am
G/M, big > 30day adr bullish thrust candle y/day on the dly, 5th consecutive bullish-bodied candle on my charting. Price @ y/day's 2873 hi arrived @ a prev 1hr/4hr/minor dly sw hi zone = pot res, that extends up to 2888, confluence with 76.4% of the 2837-2665 move. Guess the aforementioned bullish hidden div on the dly t/f, @ last wk's 2665 lo kicked in. Price @ y/day's hi has broken above 50% of the total 3045-2665 drop.

Dly below
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Trader with an Edge.
  • #835,143
  • Aug 14, 2024 4:14am Aug 14, 2024 4:14am
Quoting BeeTogether
{quote} I was looking at Pepperstone and also Plus500 but need to research them further
i am using plus500 for +2years now.
main reason?… 2% cashback when i add money through my visa CREDIT CARD

withdrawals to the same visa are visible in 12-18hrs after i press the button
happy with this too

i hope it helps
  • #835,144
  • Aug 14, 2024 4:18am Aug 14, 2024 4:18am
...chart below shows where price met demand after the initial downside move on the Uk data react earlier. the prev 1hr/4hr sw hi zone(s) = pot rbs.

4hr(with 10/20/40 ema crosses graphic) below
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Trader with an Edge.
  • #835,145
  • Aug 14, 2024 4:20am Aug 14, 2024 4:20am
Quoting BeeTogether
Thinking of moving away from IG as they have stopped PayPal for withdrawals which now means nearly a week before bank accounts are funded.
A week? God forbid! My deposits and withdrawals take less than 5 mins. I couldn't live with a broker that took more than that.
  • #835,146
  • Aug 14, 2024 4:21am Aug 14, 2024 4:21am
Quoting Fishbones
{quote} the eu move is just to take the top then will crash hard with the cpi.
Careful mate. It's near election time. US inflation data may miraculously start turning red so they can say they brought inflation down. Hahaha... I sold GU but I am not certain.
  • #835,147
  • Aug 14, 2024 4:23am Aug 14, 2024 4:23am
...price (@ the current p/back hi of the day's current main down move) has given back over 50% of the fall from y/day's hi - current dly lo, Speaking of fibs there were 2 to add confluence @ current dly lo where bounce back up occurred, in that zone discussed in post above. A 1st downside b/o of the Asian lo, whilst Asian hi remains the current dly hi presently.

1hr below
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Trader with an Edge.
  • #835,148
  • Aug 14, 2024 4:24am Aug 14, 2024 4:24am
Quoting Mitiblotch
{quote} A week? God forbid! My deposits and withdrawals take less than 5 mins. I couldn't live with a broker that took more than that.
exactly! Which broker are you using?
Insane in the Brain..
  • #835,149
  • Aug 14, 2024 4:29am Aug 14, 2024 4:29am
Quoting genadi
{quote} But someone is on the other side on your trade, who is losing when you are winning.
Just see how a pro navigates the mkt .............see the chart below....and its time to book sell entries ...exit any buy you have now..... The downtrend ride was triggered yesterday...use any bullish move to enter sell now.happy trading
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  • #835,150
  • Aug 14, 2024 4:35am Aug 14, 2024 4:35am
Quoting HaLBot
{quote} Got the name wrong....it's Eightcap
They are in Melbourne.
Here are some reviews.
https://www.forexpeacearmy.com/forex...-forex-brokers

Not always that good.
in wondering about yourself, you forgot what you came here to be part of
  • #835,151
  • Aug 14, 2024 4:39am Aug 14, 2024 4:39am
Quoting DimoProFm
{quote} Just see how a pro navigates the mkt .............see the chart below....and its time to book sell entries ...exit any buy you have now..... The downtrend ride was triggered yesterday...use any bullish move to enter sell now.happy trading {image}
selling only after taking the top… somewere around 1.290x
I am expecting to crawl slowly up till cpi then a drop potentialy to 1.266x area
  • #835,152
  • Aug 14, 2024 4:46am Aug 14, 2024 4:46am
Quoting knkie
{quote} They are in Melbourne. Here are some reviews. https://www.forexpeacearmy.com/forex...-forex-brokers Not always that good.
Yes I'll be cautious about Eightcap or any other broker I might sign up with. Although I had data feed dropouts with Pepper they always addressed any issue I had with them and transferring money back to my account has never been an issue.
We have ASIC(Australian Securities & Investments Commission) in Australia and any firm has abide by some pretty strict rules.
Alan use to be my account manager at Pepper so it's a good thing I know the guy
Don't Leave Money on the Table
  • #835,153
  • Aug 14, 2024 4:47am Aug 14, 2024 4:47am
Quoting Fishbones
{quote} i am using plus500 for +2years now. main reason?… 2% cashback when i add money through my visa CREDIT CARD withdrawals to the same visa are visible in 12-18hrs after i press the button happy with this too i hope it helps

Careful.
They just got sold to a betting company and They have frozen UK accounts in rhe past.
Their share price collapsed and losses may exceed deposits.
https://eu.sj-r.com/story/business/2...t/34408136007/
in wondering about yourself, you forgot what you came here to be part of
  • #835,154
  • Aug 14, 2024 4:59am Aug 14, 2024 4:59am
Come on mister goldi
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yes yes yes
  • #835,155
  • Aug 14, 2024 5:01am Aug 14, 2024 5:01am
Quoting BeeTogether
{quote} exactly! Which broker are you using?
FXTM.
  • #835,156
  • Aug 14, 2024 5:10am Aug 14, 2024 5:10am
Interesting, we had the 4hr click over and starting to get some selling happening now, going to set alarms for this change over event because a lot of times I'm only looking at the hourly chart

Quickfire 7 pip sell scalp1.2849 to 1.4942, should have stayed in the trade but I'm heavy on Euro sells atm so taking up the attention. We need the Moty Hammer badly on Euro lol
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Don't Leave Money on the Table
  • #835,157
  • Aug 14, 2024 5:21am Aug 14, 2024 5:21am
Looking retest previous low to see the reaction or decision! Do or die bull for now ! So 2820 .
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #835,158
  • Aug 14, 2024 5:40am Aug 14, 2024 5:40am
Quoting fontu
Looking retest previous low to see the reaction or decision! Do or die bull for now ! So 2820 . {image} {image}
yup need a retest for 12820 a lot will depend on the data in a couple of hours. If it’s slightly hawkish we could see a drop below 128. Having said that a gut feeling is the data is red and 129 will be on view

in the meantime we are at 12840 previous resistance now acting support
Insane in the Brain..
  • #835,159
  • Aug 14, 2024 5:43am Aug 14, 2024 5:43am
Quoting Moty
Come on mister goldi {image}
a seasoned gambler like you should know by now that placing bets in the wrong thread will only bring bad luck.
in wondering about yourself, you forgot what you came here to be part of
  • #835,160
  • Aug 14, 2024 5:53am Aug 14, 2024 5:53am
you ready for the 200 pips.
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