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Cable Update (GBPUSD)

  • #659,301
  • May 17, 2022 3:14am May 17, 2022 3:14am
1.2460

Have to close all my sell.



1.25614

----------------
Sell limit 1.25588
  • #659,302
  • May 17, 2022 3:22am May 17, 2022 3:22am
Closed cadchf long and now short
  • #659,303
  • May 17, 2022 3:33am May 17, 2022 3:33am
Quoting RaHaG0D
{quote} Update = Maybe again!!! {image}
What i see
  • #659,304
  • May 17, 2022 3:33am May 17, 2022 3:33am
Imo 1.22X will meet again
SOON.

wonder who is agree with this view?
  • #659,305
  • May 17, 2022 3:37am May 17, 2022 3:37am
Quoting Whale
Imo 1.22X will meet again SOON. wonder who is agree with this view?
maybe 124 Can’t see 122x but as always can be wrong
Insane in the Brain..
  • #659,306
  • May 17, 2022 3:37am May 17, 2022 3:37am
Quoting BeeTogether
{quote} maybe 124 Can’t see 122x but as always can be wrong
why not?
think about fund
this about the weekly OB down there below 1.2
this about market structure, we are in A correction, will need the B, maybe irregular with lower than this month low.
  • #659,307
  • May 17, 2022 3:40am May 17, 2022 3:40am
time for second try at short
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  • #659,308
  • May 17, 2022 3:44am May 17, 2022 3:44am
good luck
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  • #659,309
  • May 17, 2022 3:45am May 17, 2022 3:45am
Quoting Whale
{quote} why not? think about fund this about the weekly OB down there below 1.2 this about market structure, we are in A correction, will need the B, maybe irregular with lower than this month low.
true, although as we see today data can totally mess things up. There is the Fed Powell speech tonight at 7pm Uk time that could trigger the pound to rise if the economy is worsening. Hence 124 as a limit area. If we do see 122X I will be really happy as I’m shorting for the time being
Insane in the Brain..
  • #659,310
  • May 17, 2022 3:46am May 17, 2022 3:46am
Quoting BeeTogether
{quote} true, although as we see today data can totally mess things up. There is the Fed Powell speech tonight at 7pm Uk time that could trigger the pound to rise if the economy is worsening. Hence 124 as a limit area. If we do see 122X I will be really happy as I’m shorting for the time being
im going for 1.196X
  • #659,311
  • May 17, 2022 3:49am May 17, 2022 3:49am
Quoting Whale
{quote} im going for 1.196X
I saw that!! Daymn that’s good one! Also make a good area for the upturn to go long to 130 too (1000pips clean)
Insane in the Brain..
  • #659,312
  • May 17, 2022 3:50am May 17, 2022 3:50am
getting till the previous low is enough for me
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  • #659,313
  • May 17, 2022 3:55am May 17, 2022 3:55am
Attached Image (click to enlarge)
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yes yes yes
  • #659,314
  • May 17, 2022 3:57am May 17, 2022 3:57am
Quoting BeeTogether
{quote} I saw that!! Daymn that’s good one! Also make a good area for the upturn to go long to 130 too (1000pips clean)
We're going into a recession, I do not see it happening so fast
But we'll wait and see.

add the technical view and all i see is down now
  • #659,315
  • Edited 5:16am May 17, 2022 3:58am | Edited 5:16am
Dxy nearing it's previously weekly low. Often an area of buying, which could mean a sell off of g/u and e/u. If dxy breaks below that weekly level (other than a quick spike), than I would not be interested in dollar longs other than maybe potential scalp setups.
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  • #659,316
  • May 17, 2022 3:58am May 17, 2022 3:58am
Quoting Whale
good luck {image}
Nice one Bro with Impact News in few.

Looking ahead, highlights include US Retail Sales, Industrial Production & Business Inventories,

Speakers from Fed’s Powell, Bullard, Harker, Mester, Evans, Kashkari & ECB’s Lagarde ( they speak market went foul...lol)

Why US Retail Sales is important for USD & risk today.

USD has been supported by aggressive Fed policy, haven flows and slowing growth.

That meant for past few months as growth decelerated bad news was bad for risk but good for the USD.

How much of that is priced? Watch the GOLD, get impacted later.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #659,317
  • May 17, 2022 4:03am May 17, 2022 4:03am
Quoting PatienceFx
getting till the previous low is enough for me {image}
With high impact news and in addition, lots of FED speak with Bullard, Powell and Mester out in force today.

US may get hammered....

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #659,318
  • May 17, 2022 4:16am May 17, 2022 4:16am
During the month there are 3 or 4 sessions in which the market gives away money, this is one of them.
  • #659,319
  • May 17, 2022 4:24am May 17, 2022 4:24am
buy closed, now change to sell
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  • #659,320
  • May 17, 2022 4:25am May 17, 2022 4:25am
Quoting Whale
{quote} im going for 1.196X
I'm thinking that too, that's why im posted that earlier, im selling this now and wilk add, first we must close today under1.24 for better view, data from US maybe can dump some, lets see
People don't plan to lose. They lose because they don't plan.
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