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Cable Update (GBPUSD)

  • #835,841
  • Aug 21, 2024 10:45am Aug 21, 2024 10:45am
Waiting gbpusd may test 3100/ 42 and eurusd as breaks previous top 1139 towards 1200 . Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #835,842
  • Aug 21, 2024 10:48am Aug 21, 2024 10:48am
Dollar keeps on crying !! Boo hoo!!! I’m going to wait for confirmation for a possible eu retrace buying now is far too late gotta wait
Master your mind. Master Trading.
  • #835,843
  • Aug 21, 2024 10:55am Aug 21, 2024 10:55am
Quoting navk
The PA is challenging many stalwarts in FF except few. Honestlt
Gu range for last month is 430 pips, this month so far is 415 pips... A reversal is imminent for at least 200 pips correction to 1.2850 area.
Data + Stat + Risk/Emotions Management
  • #835,844
  • Aug 21, 2024 11:02am Aug 21, 2024 11:02am
shorting S&P500 5602 stop above todays high
People don't plan to lose. They lose because they don't plan.
  • #835,845
  • Aug 21, 2024 11:05am Aug 21, 2024 11:05am
Quoting pips29
{quote} why tie your balls with a string
lol actually looking for a long entry and take a few pips with it
Insane in the Brain..
  • #835,846
  • Aug 21, 2024 11:07am Aug 21, 2024 11:07am
Quoting pips29
{quote} why tie your balls with a string
lol
People don't plan to lose. They lose because they don't plan.
  • #835,847
  • Aug 21, 2024 11:15am Aug 21, 2024 11:15am
Gold buy here stop 2492
Master your mind. Master Trading.
  • #835,848
  • Aug 21, 2024 11:20am Aug 21, 2024 11:20am
Damn this is not giving up! Brilliant! Need an entry for 131Xx this has beating last years high written all over it.
Insane in the Brain..
  • #835,849
  • Aug 21, 2024 11:23am Aug 21, 2024 11:23am
Quoting W0lfram
{quote} {quote} and +1.2985 now only waiting BE 1.288 {image}
Ah du Scheiße
+1.308..
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Air force
  • #835,850
  • Aug 21, 2024 11:25am Aug 21, 2024 11:25am
Quoting W0lfram
{quote} Ah du Scheiße +1.308.. {image}
  • #835,851
  • Aug 21, 2024 11:27am Aug 21, 2024 11:27am
Quoting Georginson
{quote} Gu range for last month is 430 pips, this month so far is 415 pips... A reversal is imminent for at least 200 pips correction to 1.2850 area.
ok. But this vertical move is too much to handle.
As you see in this thread too many stalwarts failed
Intraday only.
  • #835,852
  • Aug 21, 2024 11:29am Aug 21, 2024 11:29am
No mercy for the shorts yet!!!!



Follow The Markets Structure - Patience and Discipline
  • #835,853
  • Aug 21, 2024 11:36am Aug 21, 2024 11:36am
Quoting W0lfram
{quote} Ah du Scheiße +1.308.. {image}
wichtig, wir must add some Im in with another 3090, good Im recovered some of this margin at Gold
People don't plan to lose. They lose because they don't plan.
  • #835,854
  • Aug 21, 2024 11:37am Aug 21, 2024 11:37am
Quoting pipfarm
No mercy for the shorts yet!!!!
none at all! Might to change TP to 13070 / b/e and go long from there
Insane in the Brain..
  • #835,855
  • Aug 21, 2024 11:43am Aug 21, 2024 11:43am
In my opinion, market will have one more correction before breaking last year high.
With courage, patience, and discipline, success is a matter of time.
  • #835,856
  • Aug 21, 2024 12:02pm Aug 21, 2024 12:02pm
Quoting JameRomeo168
In my opinion, market will have one more correction before breaking last year high.
following the rules of zig zag movements you could be right. I don’t think it will be a deep down
Insane in the Brain..
  • #835,857
  • Aug 21, 2024 12:07pm Aug 21, 2024 12:07pm
Quoting Erebus
{quote} Absolutely, always compare with the main USD pairs and DXY for confirmations. {image}
it's going up as expected
  • #835,858
  • Aug 21, 2024 12:09pm Aug 21, 2024 12:09pm
Quoting TheHunting
Just please be careful , we have broken trend on weekly , it might move up a lot of pips {image}
If you remember my post, I warned you.
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  • #835,859
  • Aug 21, 2024 12:09pm Aug 21, 2024 12:09pm
The big question is: Is the USD weakness a real change or is it still summer noise? Some articles said big investors turn away from USD due to coming rate cuts. Sounds reasonable but the speed it goes is way too fast which seems to look like a bull trap (or at least a major retrace >100 pips down from the top).

What I find weird, especially on USD/JPY and USD/CHF in combination of lots of other carry trades is the negativity of these pairs. It is just too much down. The economic perspective is not calculated in anymore. May be buy time now? It is hard to guess and I don't like to get into long term trades now.

Btw. I'm short on gbp/usd avg. in currently 1.3060's
  • #835,860
  • Aug 21, 2024 12:10pm Aug 21, 2024 12:10pm
I think we're going for 3140,
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