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Cable Update (GBPUSD)

  • #606,601
  • Jul 2, 2021 7:54am Jul 2, 2021 7:54am
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yes yes yes
  • #606,602
  • Jul 2, 2021 7:55am Jul 2, 2021 7:55am
GU Renko 1.3786 resistance see arrows

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  • #606,603
  • Jul 2, 2021 7:55am Jul 2, 2021 7:55am
Quoting info4saeed
{quote} Sell or Buy ?!
its written...
Trade with prediction = witch with her visions lol
  • #606,604
  • Jul 2, 2021 7:57am Jul 2, 2021 7:57am
Quoting Nd10
Is this a turn around for GU? DXY monthly already hit Monthly trendline and resistance. Also, would OPEC help in messing USD up and help other pairs? We watch. Waiting for another one
Not a turn around, just bearish momentum gathering, this guy will not stop selling till it attains 1.28 area in months ahead... Expect 50 - 100 pips bounce then another crash...
Data + Stat + Risk/Emotions Management
  • #606,605
  • Jul 2, 2021 7:58am Jul 2, 2021 7:58am
Quoting Moty
{image} {image}
You are crazy
How to succeed in zero sum game?
  • #606,606
  • Jul 2, 2021 7:59am Jul 2, 2021 7:59am
one question . The NFP number is higher than the previous number and should have been in favor of the dollar, so why the opposite
success comes from finding win-win solutions
  • #606,607
  • Jul 2, 2021 7:59am Jul 2, 2021 7:59am
Quoting Pat Chiko
{quote} GU Red army swamp my camp. Massive bombardment and trying holding on to Stop loss. {image}

GU

Closed all scalping.

Re group for counter attack. No casualty.

Let pull back a bit to prepare next attack

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #606,608
  • Jul 2, 2021 8:02am Jul 2, 2021 8:02am
Lets wait it lost steam and enter short for these weekend ride
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #606,609
  • Jul 2, 2021 8:04am Jul 2, 2021 8:04am
.. steepest 1hr and first two x 4hr descending t/line breaches in move up...price challenging the prev 4hr/dly sw lo zone that began @ 3786 now. ie potential sbr.

Dly below.
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Trader with an Edge.
  • #606,610
  • Jul 2, 2021 8:05am Jul 2, 2021 8:05am
Quoting info4saeed
one question . The NFP number is higher than the previous number and should have been in favor of the dollar, so why the opposite
Because that was the only positive out of all the releases today. Unemployment is higher than forecast.
  • #606,611
  • Jul 2, 2021 8:06am Jul 2, 2021 8:06am
Quoting dimitricss
{quote} its written...
Are you still holding your sell opened before nfp?
  • #606,612
  • Jul 2, 2021 8:07am Jul 2, 2021 8:07am
Quoting info4saeed
one question . The NFP number is higher than the previous number and should have been in favor of the dollar, so why the opposite
I am so confused!!
Try the simple and make it for you ~
  • #606,613
  • Jul 2, 2021 8:08am Jul 2, 2021 8:08am
Quoting Ehsank78
{quote} Are you still holding your sell opened before nfp?
no im good n clear.. .. that was scalping and closed for 12 pips.

but now im lurking for short.
Trade with prediction = witch with her visions lol
  • #606,614
  • Jul 2, 2021 8:09am Jul 2, 2021 8:09am
Quoting Georginson
{quote} Not a turn around, just bearish momentum gathering, this guy will not stop selling till it attains 1.28 area in months ahead... Expect 50 - 100 pips bounce then another crash...
Nawa
  • #606,615
  • Jul 2, 2021 8:09am Jul 2, 2021 8:09am
Quoting Pat Chiko
{quote} GU Closed all scalping. Re group for counter attack. No casualty. Let pull back a bit to prepare next attack {image}

GU

Re group for counter attack


Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #606,616
  • Jul 2, 2021 8:09am Jul 2, 2021 8:09am
Quoting Pat Chiko
{quote} GU Closed all scalping. Re group for counter attack. No casualty. Let pull back a bit to prepare next attack {image}
Narrow escape
  • #606,617
  • Jul 2, 2021 8:10am Jul 2, 2021 8:10am
Quoting info4saeed
one question . The NFP number is higher than the previous number and should have been in favor of the dollar, so why the opposite
Un-emp rate went up to 5.9% from 5.8% not down as forecast tp 5.6% and av hrly earnings too got revised down re last mth's figure...so complicated the headline # ...Actually, the answer is - because that's what the market decided. Trade what you see - not what you think - the market is never wrong - these truisms are true lol! Although we call it NFP (singular) it is not a single report it is a few released simultaneously and they can all have a pull on price depending on the numbers printed.
Trader with an Edge.
  • #606,618
  • Jul 2, 2021 8:10am Jul 2, 2021 8:10am
Quoting Pat Chiko
{quote} GU Re group for counter attack {image}
More like H and S. Excellent
  • #606,619
  • Jul 2, 2021 8:11am Jul 2, 2021 8:11am
Quoting info4saeed
one question . The NFP number is higher than the previous number and should have been in favor of the dollar, so why the opposite
Buy the Rumor sell the News
  • #606,620
  • Jul 2, 2021 8:11am Jul 2, 2021 8:11am
Im selling now , let it goes on weekend
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
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