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Cable Update (GBPUSD)

  • #661,081
  • May 30, 2022 2:07am May 30, 2022 2:07am
Took a short at 12640 tp open
potentially a slow day today, no US due to bank holiday. If there is a bearish trend i don’t think it will be a major drop
Insane in the Brain..
  • #661,082
  • May 30, 2022 2:08am May 30, 2022 2:08am
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yes yes yes
  • #661,083
  • May 30, 2022 2:22am May 30, 2022 2:22am
Quoting Headland
... which will break? 3hrs+ in a 16pip range. 5min below {image}
A downside b/o - testing pot supp on 1hr now. (orange hollow rectangle is the spread widening @ open/opening gap lo.)

1hr below
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Trader with an Edge.
  • #661,084
  • May 30, 2022 2:43am May 30, 2022 2:43am
Quoting Headland
... which will break? 3hrs+ in a 16pip range. 5min below {image}
That's tight.

Quoting Headland
{quote} A downside b/o - testing pot supp on 1hr now. (orange hollow rectangle is the spread widening @ open/opening gap lo.) 1hr below {image}

Since it's bank holiday for US, expect much of ranging price for today.

Making money from scalp is possible.

These movement will eventually to build up for Friday major event.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #661,085
  • May 30, 2022 2:50am May 30, 2022 2:50am
Quoting Pat Chiko
{quote} That's tight. {quote} Since it's bank holiday for US, expect much of ranging price for today. Making money from scalp is possible. These movement will eventually to build up for Friday major event. {image}
i think the whole week will be similar as we have 2 days bank holiday in the Uk this week too (Thursday and Friday)
Insane in the Brain..
  • #661,086
  • May 30, 2022 2:52am May 30, 2022 2:52am
...bottom of that prev 5min + range (potential sbr) causing problems for bulls on bounce up with 15min bullish hidden div from that prev 1hr sw lo zone = prev supp = pot supp.
Trader with an Edge.
  • #661,087
  • May 30, 2022 2:56am May 30, 2022 2:56am
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yes yes yes
  • #661,088
  • May 30, 2022 3:04am May 30, 2022 3:04am
... 1hr below
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Trader with an Edge.
  • #661,089
  • Edited 3:16am May 30, 2022 3:05am | Edited 3:16am
Quoting BeeTogether
{quote} i think the whole week will be similar as we have 2 days bank holiday in the Uk this week too (Thursday and Friday)
Hi Sohail,


We have to watch Data coming out and digest from this week includes German and Eurozone CPI, French and Australian GDP, and the influential US NFP on Friday.

Then we got EU meeting on Russia, EU CPI, OPEC Meetings - Thursday Fed to start shrinking its balance sheet & NFP on Friday.

Further we also have Queen's Platinum Jubilee 2022 four days. I donno if this will move the market or not.........

How's your BeeTogether Football team Bro ?. Lets hear some good new player transfer by summer.

I really hope Sadio Mané will be joining your team, since he's leaving Liverpool following Georginson
walking away from being Liverpool supporter last week. ( After losing to Real Madrid 2-0)

Next to follow Georgi is Salah, who will be leaving Liverpool.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #661,090
  • May 30, 2022 3:13am May 30, 2022 3:13am
Quoting Pat Chiko
{quote} Hi Sohail, We have to watch Data coming out and digest from this week includes German and Eurozone CPI, French and Australian GDP, and the influential US NFP on Friday. Then we got EU meeting on Russia, EU CPI, OPEC Meetings - Thursday Fed to start shrinking its balance sheet & NFP on Friday. Further we also have Queen's Platinum Jubilee 2022 four days. I donno if this will move the market or not......... How's your BeeTogether Football team Bro ?. Lets hear some good new player transfer by summer. I really hope Sadio Mané will...
yup there is some really juicy data coming out this week. Gut feeling is that the impact will be on Monday once Uk is back to work.

brentford had a good first season I think. Signing CE21 was a master stroke. Doubt we’d be able to afford Mane’s Salary. I think he might go to Bayern. If anything to avoid a major payout I’d be interested in bringing Bale to Brentford on a pay as you play route like United did with Michael Owen back in the day.
Insane in the Brain..
  • #661,091
  • May 30, 2022 3:28am May 30, 2022 3:28am
Quoting Pat Chiko
{quote} Hi Sohail, We have to watch Data coming out and digest from this week includes German and Eurozone CPI, French and Australian GDP, and the influential US NFP on Friday. Then we got EU meeting on Russia, EU CPI, OPEC Meetings - Thursday Fed to start shrinking its balance sheet & NFP on Friday. Further we also have Queen's Platinum Jubilee 2022 four days. I donno if this will move the market or not......... How's your BeeTogether Football team Bro ?. Lets hear some good new player transfer by summer. I really hope Sadio Mané will...
Pat... Not again... You are are something else.
Data + Stat + Risk/Emotions Management
  • #661,092
  • May 30, 2022 3:34am May 30, 2022 3:34am
Quoting Georginson
{quote} Pat... Not again... You are are something else.
You're very influential person Georgi, not just in FF, but Liverpool.

Better watch what you're going to say about Liverpool, maybe Jürgen Klopp is reading your post, as may not like it....
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #661,093
  • May 30, 2022 3:36am May 30, 2022 3:36am
Quoting Moty
{image}
You have the best day to double your account by scalping it.
  • #661,094
  • May 30, 2022 3:38am May 30, 2022 3:38am
Quoting Pat Chiko
{quote} You're very influential person Georgi, not just in FF, but Liverpool. Better watch what you're going to say about Liverpool, maybe Jürgen Klopp is reading your post, as may not like it....
Lol, okay I will watch what I say.
Data + Stat + Risk/Emotions Management
  • #661,095
  • May 30, 2022 3:48am May 30, 2022 3:48am
Either here or here......orange (weekly pivot) or purple (previous weekly open price).
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Lost....
  • #661,096
  • May 30, 2022 3:59am May 30, 2022 3:59am
Moment of truth
Sl at be
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yes yes yes
  • #661,097
  • May 30, 2022 4:02am May 30, 2022 4:02am
Quoting Moty
Moment of truth Sl at be {image}
bounce up area? Seems like it for the now. Not sure where is anywhere the pair is going very tight range area
Insane in the Brain..
  • #661,098
  • May 30, 2022 4:09am May 30, 2022 4:09am
Took long to 1.26666
Will switched to short there
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yes yes yes
  • #661,099
  • Edited 4:32am May 30, 2022 4:15am | Edited 4:32am
...bulls have initially likely got to soak up the supply that may be layered from middle of prev 5/15min range up to 2666, for any further upside progress.
Trader with an Edge.
  • #661,100
  • May 30, 2022 4:19am May 30, 2022 4:19am
2664 threw price down about 512 pips and price comes back to it and doesn't react properly? I expect price to drop properly towards 2500 at least. I am not buying any of this. For the past 3 months price comes up towards the last day of the month just enough to touch the monthly pivot of the next month and dump again. That's exactly what I see is happening here.

No longs for me. Break 2719 and close above it on the daily then we can talk.
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