Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#835,521
Aug 17, 2024 12:47pm Aug 17, 2024 12:47pm

BeeTogether
Joined Oct 2020 | Status: Trader | 14,004 Posts

Trying to plan next week. There isn’t too much in data so if the bullish trend continues I aim to go long around 129-12920 for 130. This might not work always as the PA might just continue from Friday. So it may boils down to trading ranges over the non data days.

Insane in the Brain..

#835,522
Aug 17, 2024 2:39pm Aug 17, 2024 2:39pm

thevisitor
Joined Sep 2019 | Status: Trader | 1,979 Posts

Quoting Moty

Disliked

i was wrong it's was a bullish trend all the way {image} {image} {image}

Ignored

Moty, learn to read your indicators, was there a sell signal?
I don't get these bunch of indies.Trade the waves, not the indicators
Have a good weekend!

#835,523
Aug 17, 2024 3:31pm Aug 17, 2024 3:31pm

donfriday
Joined Jan 2009 | Status: bye FF | 8,806 Posts

Quoting BeeTogether

Disliked

Approaching 12910 resistance area. Might swing to short for NYO not sure as the move up is slowing

Ignored

my opinion

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MY OPINION NOT FINANCIAL ADVISE

#835,524
Aug 17, 2024 3:43pm Aug 17, 2024 3:43pm

donfriday
Joined Jan 2009 | Status: bye FF | 8,806 Posts

Quoting BeeTogether

Disliked

Trying to plan next week. There isn’t too much in data so if the bullish trend continues I aim to go long around 129-12920 for 130. This might not work always as the PA might just continue from Friday. So it may boils down to trading ranges over the non data days.

Ignored

I love to look at the trend in a quarterly base mostly

1.30 is realistic but the fact that 6 months end in a range I wont expect more from gu than a drop

MY OPINION NOT FINANCIAL ADVISE

#835,525
Aug 18, 2024 2:59am Aug 18, 2024 2:59am

knkie
Joined Apr 2012 | Status: Stunning | 6,815 Posts

Quoting Nala66

Disliked

{quote} Who the heck are those you are referring to. If you cannot read the charts, then why not just say so instead of using abusive language as a cop out.

Ignored

It's what losers do.
In stead of learning from their mistakes they come up with crooky conspiracies, screaming at the monitor.

in wondering about yourself, you forgot what you came here to be part of

#835,526
Aug 18, 2024 5:30am Aug 18, 2024 5:30am

lionn771
| Joined Aug 2024 | Status: Trader | 2 Posts

Long term view

Wave 1 1.0350-1.3150
Wave 2 1.3150-1.2040
Wave 3 1.2040- at least 1.4850 where wave 1 equals wave 3, possibly higher

Keep in mind that USD Index supports that view with possible move to June 2021 lows/beginning of wave 5 .

Stay safe and enjoy your weekend.

#835,527
Edited 6:24am Aug 18, 2024 6:01am | Edited 6:24am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts

Checking pa , likely continue up the supply zone while limit down for up now 2915. Let's see

Eurusd also likely breaks up 1.1142 to 2.1200 possible.

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Not understand?better not follow my analyses!doubt clearer first, risks ++

#835,528
Aug 18, 2024 11:44am Aug 18, 2024 11:44am

W0lfram
Joined Dec 2020 | Status: Re█████ | 2,867 Posts

Probably rising to ~1.3
currently BE @1.2843
can afford 6 more entries, so the stop will be around 1.48 as from the post above

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Air force

#835,529
Aug 18, 2024 1:02pm Aug 18, 2024 1:02pm

Headland
Joined Apr 2020 | Status: Trader | 8,804 Posts

Some wise trading sage (I forget who) once said;

" Don't worry about what price is going to do - worry about what you are going to do when it does it! "

It's good advice.

Trader with an Edge.

#835,530
Aug 18, 2024 1:41pm Aug 18, 2024 1:41pm

Whale
Joined Jun 2013 | Status: Trader | 14,535 Posts

Quoting ChiForex

Disliked

Those MFs are pumping it before November so the crash won't be so harsh afterwards...

Ignored

You are good trader, i like how you washed the words to say you were wrong afterwards.

and its ok, we all do mistakes on daily basis

#835,531
Aug 18, 2024 1:50pm Aug 18, 2024 1:50pm

Waveskierrob
Joined May 2020 | Status: Best trader ever to exist ever | 10,698 Posts

Quoting Headland

Disliked

Some wise trading sage (I forget who) once said; " Don't worry about what price is going to do - worry about what you are going to do when it does it! " It's good advice.

Ignored

... folks on here hate me, folks don't like what I say but if there was any piece of advice it's this ...as above...

#835,532
Aug 18, 2024 3:21pm Aug 18, 2024 3:21pm

Waveskierrob
Joined May 2020 | Status: Best trader ever to exist ever | 10,698 Posts

Quoting Whale

Disliked

{quote} You are good trader, i like how you washed the words to say you were wrong afterwards. and its ok, we all do mistakes on daily basis

Ignored

Not saying he's a bad trader I don't know but how do you know hes a good trader...

#835,533
Aug 18, 2024 3:52pm Aug 18, 2024 3:52pm

KeenPips
Joined Dec 2015 | Status: Trader | 8,751 Posts

GBPUSD price action on the daily time frame is in a bullish mode within a rising channel (blue). On Friday, there was a bullish breakout from the two-day consolidation that began on Wednesday. We may still see further northward move in the early part of this week.

I may be wrong. Trade safe and prosper.

KP

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