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Cable Update (GBPUSD)

  • #662,121
  • Jun 6, 2022 12:57pm Jun 6, 2022 12:57pm
Quoting Wavegarrick
{quote} 2 More buy trades opened from my weekly pivot at 1.25337 s/loss 50 pips each. Cheers. {image}
Something to share with all here. I like to look at 1hr candle rejections and long wicks. I have highlighted from my 1hr chart (yellow highlight) at least 5 candles which means 5 hrs of trading that have been totally rejected before the candle close. These are ominous signs of bullish intentions for me.
Cheers.
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Trade to trade another day
  • #662,122
  • Jun 6, 2022 1:02pm Jun 6, 2022 1:02pm
Quoting ScalaFX
Hi all! started building shorts on UJ, I think we can squizze some pips on that pair, will be adding if goes higher to 132.50, cheers!

Highest value since the year 2000 is 135.

I think 135 could easily be reached.
  • #662,123
  • Jun 6, 2022 1:04pm Jun 6, 2022 1:04pm
Quoting Eren10
{quote} Highest value since the year 2000 is 135. I think 135 could easily be reached.
In this market conditions yes and would be, but Im hoping for little retrace maybe 100 pips before final take that RN
People don't plan to lose. They lose because they don't plan.
  • #662,124
  • Jun 6, 2022 1:06pm Jun 6, 2022 1:06pm
Range time until the results are out. My hunch is BoJo will come out with a resounding majority
Insane in the Brain..
  • #662,125
  • Jun 6, 2022 1:09pm Jun 6, 2022 1:09pm
Quoting Wavegarrick
{quote} Something to share with all here. I like to look at 1hr candle rejections and long wicks. I have highlighted from my 1hr chart (yellow highlight) at least 5 candles which means 5 hrs of trading that have been totally rejected before the candle close. These are ominous signs of bullish intentions for me. Cheers. {image}
The rejected candles also qualify as bull flag, many thanks
  • #662,126
  • Jun 6, 2022 1:16pm Jun 6, 2022 1:16pm
Gbpusd is in a downwards trend. A retracement to 1.2430 is a good place to short again.
  • #662,127
  • Jun 6, 2022 1:22pm Jun 6, 2022 1:22pm
Quoting Mitiblotch
Sort again 2533. This time it seems we will break the floor!
Out of this at 2539. Minus 6 pips. I am not too confident on the sell this evening.
  • #662,128
  • Jun 6, 2022 1:23pm Jun 6, 2022 1:23pm
Quoting dele5000
{quote} The rejected candles also qualify as bull flag, many thanks
Taking it a step further. Thanks Dele
Trade to trade another day
  • #662,129
  • Jun 6, 2022 1:29pm Jun 6, 2022 1:29pm
For BJ over 100 votes is pretty bad, over 133 votes are unconfortable, followed with Teresa May scenario.

FxStreet levels after the votes:
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  • #662,130
  • Jun 6, 2022 1:31pm Jun 6, 2022 1:31pm
Quoting Jolita
For BJ over 100 votes is pretty bad, over 133 votes are unconfortable, followed with Teresa May scenario. FxStreet levels after the votes: {image}
Those guys have no balls. I don't see any scenario that throws up a BoJo loss. The guy's going to win this vote. How it affects the market is what I don't know.

When he wins if market flies up, people will come and say watch market structure, ignore the news. If it goes down, they'll silly come and say chart says everything. You should have sold. Lol...

FXtraders feeling good with their trades and charts.
  • #662,131
  • Jun 6, 2022 1:33pm Jun 6, 2022 1:33pm
My bias is actually down. I don't know why I am buying a little here at 2532 with SL of course. I hope I don't regret it.

Edit: close at 2534. +2. Itchy fingers are real.
  • #662,132
  • Jun 6, 2022 2:03pm Jun 6, 2022 2:03pm
Quoting BeeTogether
Range time until the results are out. My hunch is BoJo will come out with a resounding majority
And what will happen to GU?
  • #662,133
  • Jun 6, 2022 2:06pm Jun 6, 2022 2:06pm
Quoting Nd10
{quote} And what will happen to GU?

Major Question because all analysis are pointing to all directions like a broken compass
Time is everything; Everything.
  • #662,134
  • Jun 6, 2022 2:08pm Jun 6, 2022 2:08pm
Quoting Mitiblotch
My bias is actually down. I don't know why I am buying a little here at 2532 with SL of course. I hope I don't regret it. Edit: close at 2534. +2. Itchy fingers are real.

Hello Mitiblotch. Are you still buying? I am about to give you the bravest trader award.
Time is everything; Everything.
  • #662,135
  • Jun 6, 2022 2:10pm Jun 6, 2022 2:10pm
Quoting Mitiblotch
{quote} Those guys have no balls. I don't see any scenario that throws up a BoJo loss. The guy's going to win this vote. How it affects the market is what I don't know. When he wins if market flies up, people will come and say watch market structure, ignore the news. If it goes down, they'll silly come and say chart says everything. You should have sold. Lol... FXtraders feeling good with their trades and charts.
It's a big thing here. New head could be a good thing. Need someone clever to lift economy and pound up. Not long until we know.
  • #662,136
  • Jun 6, 2022 2:13pm Jun 6, 2022 2:13pm
What a useless session.
i expected a lot more after LO
  • #662,137
  • Jun 6, 2022 2:18pm Jun 6, 2022 2:18pm
Quoting Nd10
{quote} And what will happen to GU?
BoJo wins a big margin GU should fly as it removes the need for a change of leadership and hence remove the instability
Insane in the Brain..
  • #662,138
  • Jun 6, 2022 2:23pm Jun 6, 2022 2:23pm
...vote result is expected approx 9pm Uk time apparently. 30min bullish hidden div still valid @ the current pullback lo of the main intraday upmove today so far.

1hr below
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Trader with an Edge.
  • #662,139
  • Jun 6, 2022 2:24pm Jun 6, 2022 2:24pm
Quoting Whale
What a useless session. i expected a lot more after LO
very useless NY
MY OPINION NOT FINANCIAL ADVISE
  • #662,140
  • Jun 6, 2022 2:35pm Jun 6, 2022 2:35pm
Quoting MR.P
{quote} Hello Mitiblotch. Are you still buying? I am about to give you the bravest trader award.
Hehehe... not in a trade.
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