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Cable Update (GBPUSD)

  • #659,401
  • May 18, 2022 12:09am May 18, 2022 12:09am
Quoting Whale
{image}
Bro.

Something like this in few hours with UK CPI Data published. Chart Showing deep Pullback

Wait for rejection at #3. Even it may not goo too deep for the RT.

Shallow RT may spike price up faster than deep RT. All back to Price Action Observation.

May have some liwuiodity grab there.

Attached Image (click to enlarge)
Click to Enlarge Name: gu 054.jpg Size: 182 KB
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  • #659,402
  • May 18, 2022 12:16am May 18, 2022 12:16am
live trade for 17 pips
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 11 KB
yes yes yes
  • #659,403
  • May 18, 2022 12:19am May 18, 2022 12:19am
Quoting Pat Chiko
{quote} Bro. Something like this in few hours with UK CPI Data published. Wait for rejection at #3. Even it may not goo too deep for the RT. Shallow RT may spike price up faster than deep RT. All back to Price Action Observation. May have some liwuiodity grab there. {image}
This exactly what I’m looking for.
Not sure about the exact scenario but up it is
  • #659,404
  • May 18, 2022 12:19am May 18, 2022 12:19am
i am just using trend and volatility
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 17 KB
  • #659,405
  • May 18, 2022 12:20am May 18, 2022 12:20am
Quoting Pat Chiko
{quote} Bro. Something like this in few hours with UK CPI Data published. Chart Showing deep Pullback Wait for rejection at #3. Even it may not goo too deep for the RT. Shallow RT may spike price up faster than deep RT. All back to Price Action Observation. May have some liwuiodity grab there. {image}

GU

Alternate view and action

Chart showing shallow Pullback with Whipsaw engulfing taking our both buyer and seller out from the game

Attached Image (click to enlarge)
Click to Enlarge Name: gu 055.jpg Size: 192 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #659,406
  • May 18, 2022 12:29am May 18, 2022 12:29am
Quoting Whale
{quote} This exactly what I’m looking for. Not sure about the exact scenario but up it is

Most likely they will lure buyer to come in first, then take out the buyer by pushing price lower.

Seller come in with buyer already trapped upstair.

Bring price down to liquidity zone where enough order can filled up their book ( at discount price) and pushed it up higher for this week.

In sum : They need to get liwiudity from retail traders as much as possible to filled up their books.

Just imagine, you got USD300million now and need to buy ( at discount) and trying to sell at Premium.

How you're going to achieve that. ?
I come from the future.
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  • #659,407
  • May 18, 2022 12:31am May 18, 2022 12:31am
Quoting ServerUang
{quote} Still Floating / Open SU {image}
pakai template apa itu bro..
traderbandung.blogspot.com
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  • #659,408
  • May 18, 2022 12:32am May 18, 2022 12:32am
Quoting Pat Chiko
{quote} GU Alternate view and action Chart showing shallow Pullback with Whipsaw engulfing taking our both buyer and seller out from the game {image}
30m to go, so first one more likely without hitting the RT.. small liq to take out maybe some pips lower that the consolidation zone.
  • #659,409
  • May 18, 2022 12:36am May 18, 2022 12:36am
Quoting Pat Chiko
{quote} Most likely they will lure buyer to come in first, then take out the buyer by pushing price lower. Seller come in with buyer already trapped upstair. Bring price down to liquidity zone where enough order can filled up their book ( at discount price) and pushed it up higher for this week. In sum : They need to get liwiudity from retail traders as much as possible to filled up their books. Just imagine, you got USD300million now and need to buy ( at discount) and trying to sell at Premium. How you're going to achieve that. ?
absolutely right.
It will be fun to watch.
it just hard to see it goes 70 pips down for fly 100+
but certainly poosible
  • #659,410
  • May 18, 2022 12:48am May 18, 2022 12:48am
Quoting Whale
{quote} absolutely right. It will be fun to watch. it just hard to see it goes 70 pips down for fly 100+ but certainly poosible
GU

Short

Don't follow me blindly.

If dollar is strong then we are back on Risk off scenario .
Means they will move it away from risk assets(stocks) and move it to dollar ! Let’s see what we get

Attached Image (click to enlarge)
Click to Enlarge Name: gu 056.jpg Size: 197 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #659,411
  • May 18, 2022 1:04am May 18, 2022 1:04am
Quoting Moty
live trade for 17 pips {image}
stopped out 11 pips loss
yes yes yes
  • #659,412
  • May 18, 2022 1:19am May 18, 2022 1:19am
Subtle buy now
  • #659,413
  • May 18, 2022 1:20am May 18, 2022 1:20am
Quoting Pat Chiko
{quote} GU Short Don't follow me blindly. If dollar is strong then we are back on Risk off scenario . Means they will move it away from risk assets(stocks) and move it to dollar ! Let’s see what we get {image}
UK CPI

NEW UK Inflation hits 40 year high on the CPI measure of 9%

Watch the number "M" formation at Premium

Attached Image (click to enlarge)
Click to Enlarge Name: uk cpi 3.jpg Size: 41 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #659,414
  • May 18, 2022 1:20am May 18, 2022 1:20am
Quoting Mitiblotch
Roaming back up. Yeah. When it does this, then tomorrow it might take out today's top by 10 -20 pips and then dump a bit. But I want it to dump today because I sold again. Lol..
Well, no retreat, no surrender. Still holding my short. And my TP is hard set at 2416. I must get it!
  • #659,415
  • May 18, 2022 1:25am May 18, 2022 1:25am
Quoting ScalaFX
{quote} Closed more above but I think we can easily go to last low after GBP data, I Had one limit at 1.2500 active, all active now, targeting new low, Donfriday 1.25 hit now we can fall, lets see
With this data its possible after end of week or month, but 2nd scenario 1.27 is still possible too
People don't plan to lose. They lose because they don't plan.
  • #659,416
  • May 18, 2022 1:28am May 18, 2022 1:28am
Quoting Pat Chiko
{quote} GU Short Don't follow me blindly. If dollar is strong then we are back on Risk off scenario . Means they will move it away from risk assets(stocks) and move it to dollar ! Let’s see what we get {image}
GU

"M"

Good data for CPI.

Range Box play

Attached Image (click to enlarge)
Click to Enlarge Name: gu 057.jpg Size: 199 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #659,417
  • May 18, 2022 1:29am May 18, 2022 1:29am
price looks at the middle of th swing and may test both more than once still like eu too . so if planned may play both ways . take care
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #659,418
  • May 18, 2022 1:33am May 18, 2022 1:33am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 13 KB
yes yes yes
  • #659,419
  • May 18, 2022 1:34am May 18, 2022 1:34am
Quoting Nd10
Subtle buy now
Wait till it get to liquidity zone


Attached Image (click to enlarge)
Click to Enlarge Name: gu 058.jpg Size: 144 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #659,420
  • May 18, 2022 1:38am May 18, 2022 1:38am
GU poised for a drop again, just look at H4
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