Cable Update (GBPUSD)

Market players are enjoying hitting the stops downthey keep enticing buys while the trend is still down. I hope ya'll are not falling for the enticements otherwise, accounts will be blown here That's the job of the market maker, "CREATE A SENTIMENT" and then "ACT AGAINST IT" Green pips all

Whatch it rise after hitting the stops again I'm enjoying this

GBPUSD SHORT

Beautiful. My pending got filled. Now let's go to 3140 area. And I expect it today else I will break somebody's head! Lol

Nice pull back

Alright. I don't know how this will sound to many of you, but I see the situation in Ukraine like this: Unfortunately for Ukraine, they are alone and will stay alone in this war until they consequently lose. Be it days from now or months they are bound to lose this war and there is nothing we (people with no say in anything) can do really about it. Some people think if we all get together and push our leaders maybe then we could.. people are not connected as well anymore, as they were before. This is a fact. Now, it's up for a debate who ruined the Europe more, Russia or America..
As things are at the moment, I do really believe that Russia winning this war is a necessary evil for all of us. What would happen to our world if Putin loses the war or even (in my opinion (for example)) worse, Russia is gone (cease to exist anymore)? This isn't all about the money. We need Russia exactly how it is, I mean, was, before starting a war. If you have followed what is going on in America and have heard of all the degeneracy that is coming from the west trying to impose that kind of thinking to Europeans and the rest, you now know why I am, even despite the war, and will be, for Russia. I see them as the chaos and the order.

Concerning JPY

"The normal central-bank playbook in such a situation would be to prepare for higher interest rates to control inflation. That would also tend to draw investor money into the yen and relieve the pressure on import prices.
But the Bank of Japan, led by Gov. Haruhiko Kuroda, says it isn’t ready to follow the Fed, which is preparing for multiple interest-rate increases this year. BOJ officials believe the current inflation is a one-time phenomenon driven by factors outside of Japan’s control.
In the BOJ’s mind, such “cost-push” inflation contains the seeds of its own demise because it is likely to tamp down demand and cool the economy."
Source: The Wall Street Journal (21.4.2022.)

This is the last post concerning JPY for now until some really important news from the BoJ itself are out to prevent spamming here on the forum for GBP/USD, but will continue until 28.04 with IMPORTANT NEWS ONLY as it also effects GBP/JPY also ofc (I was talking about USD/JPY so you don't ger confused), since other pairs with GBP are often discussed here.

Usdx just trying bounce with test initial signal, the 1st confirmation to test previous top still to do. More movements likely. Gu reacting exaggerated both sides, ok if able test 3080 I will be happy as long target below before short start. Ok may retest previous high or 3099 welcome for tanking great if next. Take care
Any way perfect pa, short taken for the lows and new lows for eu and gu, sl previous high up over 3100 for now ! 8nitial target 2996 or 2980! Seems tough crash daily bull candle! Take care

There are several components of trading which complete the phase or cycle of any Algorithm... The truth remain untold, no good trader will post his Algorithm on YouTube or any social media network.. That's why Traders like Richard Demille Wyckoff and few others should be honored.

There are so many misinformation on social media because a lot of people are just looking for subscribers and followers which they can in turn generate income from advertisement.

Can you show me a chart of these traders on the internet?
George Soros, Paul Tudor Jones, John Paulson, Nick Leeson, Steven, Richard Dennis a few to mention...

Note: There are some Algorithm that allows for as little as 12 pips SL and with over 1:5 RR, and a simple candlestick close or open can invalidate the set up... That's a way to win...

UJ sell 128.400

If price had closed above the top line it would have invalidated this set up and we would have taken a loss of 18 pips...
Embrace your loses happily and learn from them.

There is only one secret to TRADING...
STUDY!!!

GU hit BE ! Will see today candle close for more hint.
UJ still on run

green pips to all sellers in this downtrend

@moty it seams gu already lost steam goinbg up, its show fatigue going up bro.?

1.31

Hm

So, we did a get a point 4 Then a point 5 (good sub 30min reg div and hidden plays @ both respectively.) Now price finding supp @ the 1hr/4hr asc t/line confluence with 61.8% fib.

1hr below

Most important time right now. Once price moves above 1.3063, then bears are done for sure.
1.3050 - 1.3074 this 24 pips zone is holding up.

... a real battle going on right now between bulls and bears hence the 1hr/4hr ranginess...no one winning outright yet for next 'real' move/direction in this pairing. Great sub 1hr plays during this preiod.

4hr below

fck im wasting my time around here, cant enter undecided making new high and new low on this trading day..

Half Stop on USDCAD but GBPUSD saved me with a +1R

Full session https://sharevision.com/video/eXO78d