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Cable Update (GBPUSD)

  • #663,021
  • Jun 10, 2022 9:40am Jun 10, 2022 9:40am
Quoting eyefeelsix
{quote} it's just beginning, we haven't seen a few swings in between
I don’t think so, but will see
anyway I’m opening a long one 1.234 with 20 pips stop
  • #663,022
  • Jun 10, 2022 9:41am Jun 10, 2022 9:41am
At Exactly 1.23, i would exit most of my buys.. Weldone bears
  • #663,023
  • Jun 10, 2022 9:42am Jun 10, 2022 9:42am
Quoting Whale
{quote} I don’t think so, but will see anyway I’m opening a long one 1.234 with 20 pips stop
It may hit sl. The momentum is too much
  • #663,024
  • Jun 10, 2022 9:44am Jun 10, 2022 9:44am
Quoting Nd10
{quote} It may hit sl. The momentum is too much
May, this is all about trading.. everybody with his own money and chart
  • #663,025
  • Jun 10, 2022 9:48am Jun 10, 2022 9:48am
Quoting Mitiblotch
Hold your ears and say after me: today I will not buy GU. Today it will sell all day. Keep singing it!
I hope you are singing this song?!?
  • #663,026
  • Jun 10, 2022 9:48am Jun 10, 2022 9:48am
D1 - Gold
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"Exchange of hands"
  • #663,027
  • Jun 10, 2022 9:48am Jun 10, 2022 9:48am
Dont forget its Friday and anything can happen, 10 min to flip London and NY, we can see some corection or more down, time will tell
People don't plan to lose. They lose because they don't plan.
  • #663,028
  • Jun 10, 2022 9:49am Jun 10, 2022 9:49am
Quoting samsha786
{quote} Using 17 May 2022 LOW (08:00 AM gmt+3) as a reference. I see that as a level of support. Price touched there again on the 18 May before bouncing up.
It did not stop at 2340.

So what is wrong on analysis ?
Intraday only.
  • #663,029
  • Jun 10, 2022 9:50am Jun 10, 2022 9:50am
Quoting bilal1947
D1 - Gold {image}
Nice catch, my fingers was there but I see this momentum down I had been too scared to click buy
People don't plan to lose. They lose because they don't plan.
  • #663,030
  • Jun 10, 2022 9:53am Jun 10, 2022 9:53am
Quoting bilal1947
D1 - Gold {image}
Extremely pro, I tried to watch Ict on YouTube, kind of boring content
  • #663,031
  • Jun 10, 2022 9:53am Jun 10, 2022 9:53am
Correction positions set bullish @1.2340
SL 1.2330
Face 'ur fears & tame 'ur greed
  • #663,032
  • Jun 10, 2022 9:55am Jun 10, 2022 9:55am
Quoting navk
{quote} It did not stop at 2340. So what is wrong on analysis ?
It's not a perfect game. That was my analysis. Glad it hit my target.

I didn't say buy @ that level, I simply shared my sell target as price bounced up from there twice previously.
  • #663,033
  • Jun 10, 2022 9:57am Jun 10, 2022 9:57am
Quoting Nd10
At Exactly 1.23, i would exit most of my buys.. Weldone bears
Watch bro,
this inner box is old SRF on 4h
if we will not trade those level what we should trade?
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  • #663,034
  • Jun 10, 2022 9:58am Jun 10, 2022 9:58am
Gbpusd continues down
  • #663,035
  • Jun 10, 2022 9:58am Jun 10, 2022 9:58am
Quoting samsha786
{quote} It's not a perfect game. That was my analysis. Glad it hit my target.
yes risk versus reward is better then predicting numbers.

Let the market go wherever it wants to go.

When we take a position, the risk versus reward is at least 1 : 1, that would be good.
Intraday only.
  • #663,036
  • Jun 10, 2022 10:00am Jun 10, 2022 10:00am
Up from here for today
  • #663,037
  • Jun 10, 2022 10:03am Jun 10, 2022 10:03am
1.22800 I am waiting for cable
  • #663,038
  • Jun 10, 2022 10:04am Jun 10, 2022 10:04am
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  • #663,039
  • Jun 10, 2022 10:06am Jun 10, 2022 10:06am
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nearly shall I just be greedy or is it trade with confidence. Might just bust through the box
  • #663,040
  • Jun 10, 2022 10:07am Jun 10, 2022 10:07am
...so, price blew past the 61.8% of the recent 2155-2666 rally (sorry for any confusion here I have been calling that 2155 swing lo 2198 today for some reason - doh!) IE price went deeper, and deep into the 1hr/4hr part of the prev 1hr/4hr/dly sw lo zone that extnsd to 2329, and down to Wkly S2 where the current dly lo is.

147% 30day adr traveled so far today, more than twice y/day's, and biggest pip range all week, making 120% 13wk awr travelled at that current dly lo.

Great day. Hope everyone had a good day/week. I'm off on hols later next week but will likely trade till @ least Tuesday, maybe Weds. Have a good w/e.
Trader with an Edge.
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