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Cable Update (GBPUSD)

  • #607,041
  • Jul 5, 2021 9:16am Jul 5, 2021 9:16am
Looks like Moty’s is here!!
Insane in the Brain..
  • #607,042
  • Jul 5, 2021 9:34am Jul 5, 2021 9:34am
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 9:58am Jul 5, 2021 9:42am | Edited 9:58am
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 9:44am Jul 5, 2021 9:44am
What do you guys see @ 1.390 ?
How to succeed in zero sum game?
  • #607,045
  • Jul 5, 2021 9:46am Jul 5, 2021 9:46am
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 9:48am Jul 5, 2021 9:48am
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 10:15am Jul 5, 2021 10:15am
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 10:45am Jul 5, 2021 10:19am | Edited 10:45am
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 10:27am Jul 5, 2021 10:27am
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 10:30am Jul 5, 2021 10:30am
You will see 1.3675 before big money fuels the rocket.

-Prophet
  • #607,051
  • Jul 5, 2021 10:34am Jul 5, 2021 10:34am
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is that seriously happen thats spread was giant?
Everything is possible but not guaranteed
  • #607,052
  • Jul 5, 2021 10:34am Jul 5, 2021 10:34am
Hi

did you notice that the diff between ask and bit was 100 normal it was 18
  • #607,053
  • Jul 5, 2021 10:35am Jul 5, 2021 10:35am
Quoting Moty
{quote} this is impressionist painting
Missed the party today!

Your rocket more like an
  • #607,054
  • Jul 5, 2021 10:40am Jul 5, 2021 10:40am
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 10:44am Jul 5, 2021 10:44am
m1 looks crazy.
ITB - Seeing Orderliness amongst 'Randomness'
  • #607,056
  • Jul 5, 2021 10:48am Jul 5, 2021 10:48am
Quoting Pip-Prophet
You will see 1.3675 before big money fuels the rocket. -Prophet
stay of the weed
  • #607,057
  • Jul 5, 2021 10:49am Jul 5, 2021 10:49am
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 10:55am Jul 5, 2021 10:55am
I was also wondering about the spread.
  • #607,059
  • Jul 5, 2021 10:55am Jul 5, 2021 10:55am
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 10:59am Jul 5, 2021 10:59am
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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