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Cable Update (GBPUSD)

  • #663,161
  • Jun 12, 2022 3:26pm Jun 12, 2022 3:26pm
Getting ready for bed
  • #663,162
  • Jun 12, 2022 3:29pm Jun 12, 2022 3:29pm
Quoting Headland
{quote} Xe.com currently @ 1.2322
That's I think good sign for Bears, maybe only for small retrace but still, be carefull folks for falls BO Friday low, can be nice bears trap or... Lets see..
People don't plan to lose. They lose because they don't plan.
  • #663,163
  • Jun 12, 2022 3:44pm Jun 12, 2022 3:44pm
Quoting ScalaFX
{quote} That's I think good sign for Bears, maybe only for small retrace but still, be carefull folks for falls BO Friday low, can be nice bears trap or... Lets see..
Gap up is a sign for bears?
Gap is not a sign for nothing.
price will do what it should.
1.273-1.29
Pure TA, i dont know what FOMC bring. I will keep look my long aggressively.
  • #663,164
  • Jun 12, 2022 3:55pm Jun 12, 2022 3:55pm
GBPUSD price action on the daily time frame turned bearish after about 61.8 bullish retracement of a bearish swing from the 1.30330 area. Technically, we may see a bearish continuation of price action.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily_June 12, 2022.png Size: 13 KB
Do your homework, follow the footprints of smart money
  • #663,165
  • Jun 12, 2022 3:58pm Jun 12, 2022 3:58pm
We are still facing 3 possible scenarios:

1) ABC (bat pattern)
2) Irregular (B)
3) Bullish crab pattern...We have been warned by a few traders about this scenario last week.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 06.17 4H.png Size: 53 KB
Always trade your own plan...I don't provide trading signals.
  • #663,166
  • Jun 12, 2022 4:06pm Jun 12, 2022 4:06pm
Quoting Whale
{quote} Gap up is a sign for bears? Gap is not a sign for nothing. price will do what it should. 1.273-1.29 Pure TA, i dont know what FOMC bring. I will keep look my long aggressively.
Sorry, my foult I mean bulls, when is solid gap can be played nice with continuation in way had opened but one more time must be solid, today is no gap so everything can happen, Im with you in Bulls side, cheers!
People don't plan to lose. They lose because they don't plan.
  • #663,167
  • Jun 12, 2022 7:05pm Jun 12, 2022 7:05pm
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 30 KB
Don’t focus on making $$$, focus on protecting what you have.
  • #663,168
  • Jun 12, 2022 8:13pm Jun 12, 2022 8:13pm
I bought here with tight stop.

My stop 2270.

Let us see
Intraday only.
  • #663,169
  • Jun 12, 2022 8:13pm Jun 12, 2022 8:13pm
USD looking bullish still
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: USDOLLARWeekly.png Size: 8 KB
Compulsions can be hard to resist
  • #663,170
  • Jun 12, 2022 8:35pm Jun 12, 2022 8:35pm
i am on a break from trading until Wednesday , lost my equity on Friday .
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 12 KB
yes yes yes
  • #663,171
  • Jun 12, 2022 8:36pm Jun 12, 2022 8:36pm
Quoting Moty
i am on a break from trading until Wednesday , lost my equity on Friday . {image}
Cheers, this is part of game.
Intraday only.
  • #663,172
  • Jun 12, 2022 8:37pm Jun 12, 2022 8:37pm
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW4.png Size: 31 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #663,173
  • Jun 12, 2022 8:38pm Jun 12, 2022 8:38pm
Quoting navk
I bought here with tight stop. My stop 2270. Let us see
hit 2270
  • #663,174
  • Jun 12, 2022 8:41pm Jun 12, 2022 8:41pm
Quoting KevinZeng
{quote} hit 2270
yes,

I took another time long, with stop 2268
Intraday only.
  • #663,175
  • Jun 12, 2022 8:54pm Jun 12, 2022 8:54pm
Quoting navk
{quote} yes, I took another time long, with stop 2268
Another stop hit navk
  • #663,176
  • Jun 12, 2022 9:02pm Jun 12, 2022 9:02pm
Quoting Katanashino
{quote} Another stop hit navk
yes,

now long again with stop 2261
Intraday only.
  • #663,177
  • Jun 12, 2022 9:11pm Jun 12, 2022 9:11pm
I'm looking for a short term bounce on GBP/JPY to 167 area then back short most likely
  • #663,178
  • Jun 12, 2022 9:35pm Jun 12, 2022 9:35pm
Long at 1.227x tp 1.233x
  • #663,179
  • Edited 9:55pm Jun 12, 2022 9:42pm | Edited 9:55pm
Adjusted my stop to 2263. Not 2261
Will see if another time hits.
Intraday only.
  • #663,180
  • Jun 12, 2022 9:57pm Jun 12, 2022 9:57pm
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