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Cable Update (GBPUSD)

  • #607,781
  • Jul 7, 2021 12:51pm Jul 7, 2021 12:51pm
..back for 20mins re fomc minutes.

price @ the current dly lo just touched top of the 4hr/dly part of the prev 1hr/4hr/dly sw lo zone extending down to 3731 confluence with asc dly t/line joining 1410 with said 3731 & 85.4% fib 3731-3899, where demand was met. @ the current puillback hi - 2 x fibs of the 3 x major 1hr and 1hr/4hr swing hi's down to current daily lo. 95% of 30day adr travelled today so far.

1hr below.
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Trader with an Edge.
  • #607,782
  • Jul 7, 2021 1:02pm Jul 7, 2021 1:02pm
Quoting dempire1
{quote} Okay, so taking all that into consideration i set up a buy limit @ 1.37774 with SL @ 1.37692. Targeting 1.38180. I would need to get entry before news. (Might cancel if price won't do what I expect it to do). PS! Don't try this at home!
Cancel the buy limit. They won't let me in today
How to succeed in zero sum game?
  • #607,783
  • Jul 7, 2021 1:06pm Jul 7, 2021 1:06pm
Hmmmm as busy as paint drying
Insane in the Brain..
  • #607,784
  • Jul 7, 2021 1:06pm Jul 7, 2021 1:06pm
took small short
Trade with prediction = witch with her visions lol
  • #607,785
  • Jul 7, 2021 1:08pm Jul 7, 2021 1:08pm
Quoting palpite
{quote} Now i'll buy here 1.3762 sl - 1.3730
closed - 1.3805
Together we can be strongest
Vantage Return This Month: na
  • #607,786
  • Jul 7, 2021 1:08pm Jul 7, 2021 1:08pm
go down mf
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yes yes yes
  • #607,787
  • Jul 7, 2021 1:10pm Jul 7, 2021 1:10pm
Quoting Moty
go down mf {image}
It’s a stubborn bitch today
looks like FOMC provided diddly squat today.
Insane in the Brain..
  • #607,788
  • Jul 7, 2021 1:10pm Jul 7, 2021 1:10pm
HNS on H1

Short, 1.38100. Hope tis works.
Chart later. Busy managing trade
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #607,789
  • Jul 7, 2021 1:11pm Jul 7, 2021 1:11pm
Quoting dempire1
{quote} Okay, so taking all that into consideration i set up a buy limit @ 1.37774 with SL @ 1.37692. Targeting 1.38180. I would need to get entry before news. (Might cancel if price won't do what I expect it to do). PS! Don't try this at home!
I set up new buy limit @ 1.37999 with SL @ 1.37894.
How to succeed in zero sum game?
  • #607,790
  • Jul 7, 2021 1:12pm Jul 7, 2021 1:12pm
All ready tired of this uncertainty... ?
What news can Feds release, that we haven't heard already? After the pandemic there are no jobs, only one thing is possible to pump their capital, buy bonds, increase interest to lower inflation and perhaps help business out. Why this should shake the markets by crazy moves 100-300pips? Dont get it.
Testing my patience...
  • #607,791
  • Jul 7, 2021 1:15pm Jul 7, 2021 1:15pm
Quoting Jolita
All ready tired of this uncertainty... ? What news can Feds release, that we haven't heard already? After the pandemic there are no jobs, only one thing is possible to pump their capital, buy bonds, increase interest to lower inflation and perhaps help business out. Why this should shake the markets by crazy moves 100-300pips? Dont get it. Testing my patience...
Because of manipulation
How to succeed in zero sum game?
  • #607,792
  • Jul 7, 2021 1:15pm Jul 7, 2021 1:15pm
Quoting Jolita
All ready tired of this uncertainty... ? What news can Feds release, that we haven't heard already? After the pandemic there are no jobs, only one thing is possible to pump their capital, buy bonds, increase interest to lower inflation and perhaps help business out. Why this should shake the markets by crazy moves 100-300pips? Dont get it. Testing my patience...
talks of rising rates has the market creaming their chuddies!
Insane in the Brain..
  • #607,793
  • Jul 7, 2021 1:17pm Jul 7, 2021 1:17pm
Quoting Jolita
All ready tired of this uncertainty... ? What news can Feds release, that we haven't heard already? After the pandemic there are no jobs, only one thing is possible to pump their capital, buy bonds, increase interest to lower inflation and perhaps help business out. Why this should shake the markets by crazy moves 100-300pips? Dont get it. Testing my patience...
for tech traders, it doesn't matter why - we trade what we see and anything that creates movement/volatility/momentum is potentially good for us.
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... couple of small scalps both ways, nothing much, hardly worth coming back to desk for, but better than nothing I guess. Bit of a diamond pattern thingy developing on 1hr?

1hr below.
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Trader with an Edge.
  • #607,794
  • Jul 7, 2021 1:18pm Jul 7, 2021 1:18pm
Will it go up more, guys?
Observer effect
  • #607,795
  • Jul 7, 2021 1:19pm Jul 7, 2021 1:19pm
It seems so
Lost in Narrative
  • #607,796
  • Jul 7, 2021 1:25pm Jul 7, 2021 1:25pm
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Trade with prediction = witch with her visions lol
  • #607,797
  • Jul 7, 2021 1:28pm Jul 7, 2021 1:28pm
Quoting Pat Chiko
{quote} GU Second stopped out Today , got double stopped out. Maybe need a rest Must go to Estonia to visit dempire1's to work in his farm looking after the bear. Trying to enter again to scalping Short with new H1 candle {image}
My grandma would be very thankful and feed you with pancakes every morning
How to succeed in zero sum game?
  • #607,798
  • Jul 7, 2021 1:29pm Jul 7, 2021 1:29pm
Quoting Pat Chiko
HNS on H1 Short, 1.38100. Hope tis works. Chart later. Busy managing trade

GU

Here's the chart entry.
Short at HNS
Stop 27 pips pips.


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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #607,799
  • Jul 7, 2021 1:30pm Jul 7, 2021 1:30pm
Technically looking at the day charts , only way is up for G/US.. for the rest of the day and tomorrow.
  • #607,800
  • Jul 7, 2021 1:33pm Jul 7, 2021 1:33pm
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yes yes yes
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