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Cable Update (GBPUSD)

  • #528,961
  • Jun 18, 2020 6:23am Jun 18, 2020 6:23am
this is a free fall the news are over and cable is rocking bottom
  • #528,962
  • Jun 18, 2020 6:24am Jun 18, 2020 6:24am
Quoting Not-KPMG
{quote} What's 110 Ohh Aussie fake dollars. Nice manipulated fake currency
Just making a point there that when a country is booming the value of it's currency soars unless fixed like the criminal communists do in China
Don't Leave Money on the Table
  • #528,963
  • Jun 18, 2020 6:24am Jun 18, 2020 6:24am
Oops gotta go.
Gone to a better place
  • #528,964
  • Jun 18, 2020 6:24am Jun 18, 2020 6:24am
Quoting smikester
Oops gotta go.
Don't Leave Money on the Table
  • #528,965
  • Jun 18, 2020 6:24am Jun 18, 2020 6:24am
Quoting Scotteyy
Don't really understand the rally.

Assume it will be short term. Rates didnt change and QE was more than expected which depreciates a currency...
Exactly.

It's bad news so LIARS BANKSTERS push up.

Honestly - pound is simple.... Patience. Dip. Up. Dip

Beware and make

Attached Image
Beware of robber banks (RB), bad advisors.
  • #528,966
  • Jun 18, 2020 6:25am Jun 18, 2020 6:25am
Quoting SFundamental
That's the thing I like about the news... you can get 50 pips in 2 minutes
I took me some paracetamol; decided to go for it anyway )
Life is great!!
  • #528,967
  • Jun 18, 2020 6:27am Jun 18, 2020 6:27am
Quoting smikester
{quote} It's not difficult to get to No.1, but I have yet to see an account which stays there. I got to the top ten some years ago with a couple of mad trades and that's all it takes. I like to expand and look at worst losing trade %. If that's over 2 or 3% you know it's not a stayer. I can't remember who's account the above was, but it's gone now...
I remember it, that guy was shorting AU, I think...when it was making the big upmove.
Everyone can see the chart, but only a few can actually read it.
  • #528,968
  • Jun 18, 2020 6:28am Jun 18, 2020 6:28am
Try some more selling here
2504 Short
in wondering about yourself, you forgot what you came here to be part of
  • #528,969
  • Jun 18, 2020 6:32am Jun 18, 2020 6:32am
No selling until 2550 is hit...was missed by 1 pip.
Everyone can see the chart, but only a few can actually read it.
  • #528,970
  • Jun 18, 2020 6:32am Jun 18, 2020 6:32am
That's some 30min candle close lol ! The steepest 1hr ascending t/line was the data react hi...not surprised with the steep sell-off following the data knee-jerk react hi considering the minimum done...see what the pres conf release says now....

1hr below.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 30 KB
Trader with an Edge.
  • #528,971
  • Jun 18, 2020 6:35am Jun 18, 2020 6:35am
Time to go up. The stochastic is showing oversold. The MACD , weekly is also signifying buying. So coming down is retracement. So be careful. Try to buy the deep. Hope this help someone.
Whatever the mind can Conceive, it can achieve it.
  • #528,972
  • Jun 18, 2020 6:36am Jun 18, 2020 6:36am
Quoting Bydyke
{quote} He never says how he arrives at any trade. He posts graphs that have little meaning but turns round to claim the earth. I believe you know how to handle such impostors
Well you know what they say if it sound too good to be true.
Don't trade what you think. Just what you see!!!
  • #528,973
  • Jun 18, 2020 6:36am Jun 18, 2020 6:36am
Quoting despichtt
{quote} Lets just say its blocked by the hourly again right lol; should have sold again(..) Im happy, not tuching anything anymore! They should have more meetings )
Yep we need a 'Risk on' NY session to give it a boost back over 2570, feels like it's mired in mud atm....
Don't Leave Money on the Table
  • #528,974
  • Jun 18, 2020 6:40am Jun 18, 2020 6:40am
I don't think we can expect too much more from the pound.
A close below 2508, should seal it's fate
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 30 KB
Compulsions can be hard to resist
  • #528,975
  • Jun 18, 2020 6:44am Jun 18, 2020 6:44am
SHORT 1.25112
  • #528,976
  • Jun 18, 2020 6:48am Jun 18, 2020 6:48am
Well the weather forecaster are as good as some of the traders on here and its chucking it down.

Short in at 1.2505 target previous lows 1.2480
Don't trade what you think. Just what you see!!!
  • #528,977
  • Jun 18, 2020 6:51am Jun 18, 2020 6:51am
Quoting OnlineAddict
No selling until 2550 is hit...was missed by 1 pip.
Ohhh dude.

You misspelled 1.4500

When 1.45
Beware of robber banks (RB), bad advisors.
  • #528,978
  • Jun 18, 2020 6:56am Jun 18, 2020 6:56am
Now that bounced off above 2474 level.
Pair would now need to stay above 2491 to chance another rally up.

It looks ugly, maybe 2398 next
COT: The precious data ignored
  • #528,979
  • Jun 18, 2020 6:58am Jun 18, 2020 6:58am
Quoting Not-KPMG
{quote} Ohhh dude. You misspelled 1.4500 When 1.45
Give it up, man.......it's getting kinda old.
Lost....
  • #528,980
  • Jun 18, 2020 7:00am Jun 18, 2020 7:00am
that's some 1hr close....
Trader with an Edge.
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