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Cable Update (GBPUSD)

  • #607,041
  • Jul 5, 2021 11:16am Jul 5, 2021 11:16am
Looks like Moty’s is here!!
Insane in the Brain..
  • #607,042
  • Jul 5, 2021 11:34am Jul 5, 2021 11:34am
Quoting BeeTogether
Looks like Moty’s is here!!
43 pips today, thanks to the gap down, without it about 30 pips.. i dont see nothing.
idk how much movement we will get till FOMC. 3800-3900? first want to see price above 3860
  • #607,043
  • Edited 11:58am Jul 5, 2021 11:42am | Edited 11:58am
Quoting gatenio
{quote} 43 pips today, thanks to the gap down, without it about 30 pips.. i dont see nothing. idk how much movement we will get till FOMC. 3800-3900? first want to see price above 3860
There is Holiday in US today which should be responsible for the low volume, I expect volatility resumption tomorrow. To me, a spike to 1.3900 is on the cards tomorrow before bearish resumption...

My first sell trade at 1.3860 is cancelled, will wait to see 1.3900 if it happens earlier then selling there will be safer...
Data + Stat + Risk/Emotions Management
  • #607,044
  • Jul 5, 2021 11:44am Jul 5, 2021 11:44am
What do you guys see @ 1.390 ?
How to succeed in zero sum game?
  • #607,045
  • Jul 5, 2021 11:46am Jul 5, 2021 11:46am
Quoting BeeTogether
Looks like Moty’s is here!!
Just a retest I think

DXY just formed a retrace leg/W pattern

So I still think cable is down first, maybe overnight. I moved my stop briefly and will re-set at entry/BE for overnight.. I guess a tight range was always on the cards for today. Could be wrong, I'll let this one go if necessary.
  • #607,046
  • Jul 5, 2021 11:48am Jul 5, 2021 11:48am
another try to break the 200 sma band
Attached Image(s) (click to enlarge)
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yes yes yes
  • #607,047
  • Jul 5, 2021 12:15pm Jul 5, 2021 12:15pm
The sl Hunters trying to shake me
But you can't,ii don't have sl mf
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 07-05-2021 20.13.jpg Size: 142 KB
yes yes yes
  • #607,048
  • Edited 12:45pm Jul 5, 2021 12:19pm | Edited 12:45pm
Look at DXY
Attached Image (click to enlarge)
Click to Enlarge Name: mugUEhhZ.png Size: 37 KB
How to succeed in zero sum game?
  • #607,049
  • Jul 5, 2021 12:27pm Jul 5, 2021 12:27pm
Quoting Moty
The sl Hunters trying to shake me But you can't,ii don't have sl mf {image}
Sometimes Moty is right .Lol. Trading without a SL will save you. Fcukers busted my 1R=1R trade.
Fools Rushing
  • #607,050
  • Jul 5, 2021 12:30pm Jul 5, 2021 12:30pm
You will see 1.3675 before big money fuels the rocket.

-Prophet
  • #607,051
  • Jul 5, 2021 12:34pm Jul 5, 2021 12:34pm
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is that seriously happen thats spread was giant?
Everything is possible but not guaranteed
  • #607,052
  • Jul 5, 2021 12:34pm Jul 5, 2021 12:34pm
Hi

did you notice that the diff between ask and bit was 100 normal it was 18
  • #607,053
  • Jul 5, 2021 12:35pm Jul 5, 2021 12:35pm
Quoting Moty
{quote} this is impressionist painting
Missed the party today!

Your rocket more like an
  • #607,054
  • Jul 5, 2021 12:40pm Jul 5, 2021 12:40pm
Quoting Madanmohanca
Hi did you notice that the diff between ask and bit was 100 normal it was 18
Yes...that why i dont understand...except end day or end week. Any explanation about what happen here guys?
Everything is possible but not guaranteed
  • #607,055
  • Jul 5, 2021 12:44pm Jul 5, 2021 12:44pm
m1 looks crazy.
ITB - Seeing Orderliness amongst 'Randomness'
  • #607,056
  • Jul 5, 2021 12:48pm Jul 5, 2021 12:48pm
Quoting Pip-Prophet
You will see 1.3675 before big money fuels the rocket. -Prophet
stay of the weed
  • #607,057
  • Jul 5, 2021 12:49pm Jul 5, 2021 12:49pm
Quoting Inthebox
m1 looks crazy.
Thats more looks like a seismograph in big magnitude
Everything is possible but not guaranteed
  • #607,058
  • Jul 5, 2021 12:55pm Jul 5, 2021 12:55pm
I was also wondering about the spread.
  • #607,059
  • Jul 5, 2021 12:55pm Jul 5, 2021 12:55pm
Quoting Moty
The sl Hunters trying to shake me But you can't,ii don't have sl mf {image}
  • #607,060
  • Jul 5, 2021 12:59pm Jul 5, 2021 12:59pm
Such low volatility today.
All day waiting 2 longs to close @1.3880. Need more

FOMC's on Wed, we will have some movement befire and after, perhaps money printing decision will be announced?
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