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Cable Update (GBPUSD)

  • #662,641
  • Jun 9, 2022 5:21am Jun 9, 2022 5:21am
Direction has been determined as up
  • #662,642
  • Jun 9, 2022 5:25am Jun 9, 2022 5:25am
Go go go
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yes yes yes
  • #662,643
  • Jun 9, 2022 5:26am Jun 9, 2022 5:26am
...nice bounce off y/day's lo after the pullback and now an upside follow thru of the 1hr bull engulf x 2thrust / 4hr (gmt+3) pinbar closes...into top of that 4 fib cluster on 1hr / bottom of the 4hr part of the prev 1hr/4hr sw hi zone to 2548 = prev res = pot res. Another fib cluster higher up in it (3,) with Dly Pivot @ top.

1hr/4hr below
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Trader with an Edge.
  • #662,644
  • Jun 9, 2022 5:27am Jun 9, 2022 5:27am
Gj for 150 pips
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yes yes yes
  • #662,645
  • Jun 9, 2022 5:28am Jun 9, 2022 5:28am
Quoting ScalaFX
{quote} All protected waiting for more
Hmm, some closed with safe SL, adding more, I want see 1.241x, lets see.. will add more
People don't plan to lose. They lose because they don't plan.
  • #662,646
  • Jun 9, 2022 5:35am Jun 9, 2022 5:35am
Quoting eyefeelsix
{quote} short atm -13p risk --- today 1:6R is possible {image}
cut-loss and pending re-entry
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https://breakpullback.com
  • #662,647
  • Jun 9, 2022 5:50am Jun 9, 2022 5:50am
Quoting mazprofx
{quote} Looking at the chart, the majority will say it will break upwards. Hence, I guess it will break down. Let's see...
are you talking about the traders sentiment odds as the majority?
  • #662,648
  • Jun 9, 2022 6:16am Jun 9, 2022 6:16am
Quoting Pat Chiko
{quote} GU Watch out the QM and SRF zone. {image}

GU

Set up Long

News

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #662,649
  • Jun 9, 2022 6:23am Jun 9, 2022 6:23am
1H candle confirmed buy. Entered long 1.2534. USD/CAD short.
  • #662,650
  • Jun 9, 2022 6:25am Jun 9, 2022 6:25am
Quoting DrDave
{quote} And that is why using multiple MAs on a single TF is better than a single MA: A look at a SINGLE chart with 4 MAs provides more information than trying to view 4 charts at once that contain a single MA. In addition, the cognitive load of processing a single chart is much lower than having to process 4 charts at one time. And let's not forget the additional advantage of "revealing" information from missing TFs of poor charting platforms like MetaTrader. If a TF doesn't exist, then using a single MA on an existing TF is of little value in...

Dr Dave,

Beautiful MA crossovers on Eur Chf trade last night.

Perfect positioning for ECB.
15 min retracing atm, how do you read daily? Price above 200, meaning shorter MA will catch up to do? What does it tell you?
Thank you.

2hr and daily
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  • #662,651
  • Jun 9, 2022 6:26am Jun 9, 2022 6:26am
Even though it's not the news for Pound, I will avoid setting tight SL this time. If there were no news my SL would be at 1.2523
  • #662,652
  • Jun 9, 2022 6:26am Jun 9, 2022 6:26am
BUY BUY...

TARGET: 1.30581
524 pips
I see things clearer by starting my analysis from the monthly time frame..

I'll remind you at the end of June
My telegram: https://t.me/avidforex
  • #662,653
  • Jun 9, 2022 6:26am Jun 9, 2022 6:26am
Quoting TheWolf
1H candle confirmed buy. Entered long 1.2534. USD/CAD short.

Please share your chart.

Thanks
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #662,654
  • Jun 9, 2022 6:31am Jun 9, 2022 6:31am
Also keep an eye for GBP/JPY for 100 pips or more today as it already went around 150 pips down. Shall this 4H candle close below 167 level, I will be shorting strong. Sometimes GBP/USD and GBP/JPY correlate with each other, sometimes not. GBP/JPY only this week went 550 pips up.
  • #662,655
  • Jun 9, 2022 6:37am Jun 9, 2022 6:37am
Quoting Pat Chiko
{quote} GU Set up Long News {image}{image}
GU

News.

Scalp for spike.

LQ

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #662,656
  • Jun 9, 2022 6:37am Jun 9, 2022 6:37am
Quoting Jolita
{quote} Dr Dave, Beautiful MA crossovers on Eur Chf trade last night. Perfect positioning for ECB. 15 min retracing atm, how do you read daily? Price above 200, meaning shorter MA will catch up to do? What does it tell you? Thank you. 2hr and daily{image}{image}
Many people hate the indicator because they do not know how to use it properly and always combine their personal opinions with the indicator and don't get an answer. Nice chart
There is nothing wrong with being kind & loving to each other
  • #662,657
  • Jun 9, 2022 6:45am Jun 9, 2022 6:45am
Quoting Pat Chiko
{quote} Please share your chart. Thanks
Here...
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  • #662,658
  • Jun 9, 2022 6:46am Jun 9, 2022 6:46am
It’s time for the drop.

no change in rates better for usd will bring GU down with it
Insane in the Brain..
  • #662,659
  • Jun 9, 2022 6:47am Jun 9, 2022 6:47am
Of course Pound reacts too. Easy does it...
  • #662,660
  • Jun 9, 2022 6:50am Jun 9, 2022 6:50am
Come on Pound, up up up up and up. Thank You.
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