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Cable Update (GBPUSD)

  • #663,221
  • Jun 13, 2022 1:39am Jun 13, 2022 1:39am
1.22 next support for gbpusd
  • #663,222
  • Jun 13, 2022 1:41am Jun 13, 2022 1:41am
Lonion opening about 70 pips from the top can mean two things from experience:

1. A day of heavy, heavy, heavy dumping. Be ware!
2. A spike back up to test the Asian high and dump again.
3. Test the daily pivot. Price is almost about 130 pips away from the daily pivot without London having tested it, which is not common.
  • #663,223
  • Jun 13, 2022 1:43am Jun 13, 2022 1:43am
no bottoming yet but will wait for if , signal 2253/68 and 2299 as 1st confirmation for up . lets see
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #663,224
  • Jun 13, 2022 1:44am Jun 13, 2022 1:44am
Quoting Mitiblotch
Lonion opening about 70 pips from the top can mean two things from experience: 1. A day of heavy, heavy, heavy dumping. Be ware! 2. A spike back up to test the Asian high and dump again. 3. Test the daily pivot. Price is almost about 130 pips away from the daily pivot without London having tested it, which is not common.
you have just gave all the possibilities of the price movement.
  • #663,225
  • Jun 13, 2022 1:48am Jun 13, 2022 1:48am
Quoting Whale
{quote} you have just gave all the possibilities of the price movement.
Yes. Choose one and then pray. Lol
  • #663,226
  • Jun 13, 2022 1:50am Jun 13, 2022 1:50am
Quoting Mitiblotch
Lonion opening about 70 pips from the top can mean two things from experience: 1. A day of heavy, heavy, heavy dumping. Be ware! 2. A spike back up to test the Asian high and dump again. 3. Test the daily pivot. Price is almost about 130 pips away from the daily pivot without London having tested it, which is not common.
in 2 words macd divergence
Attached Image (click to enlarge)
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  • #663,227
  • Jun 13, 2022 1:56am Jun 13, 2022 1:56am
Quoting Pat Chiko
{quote} GU Scalping {image}
GU

Stopped out

retry in a bit at support


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I come from the future.
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  • #663,228
  • Jun 13, 2022 1:57am Jun 13, 2022 1:57am
... falling wedge on 1hr?

1hr below
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Trader with an Edge.
  • #663,229
  • Jun 13, 2022 1:57am Jun 13, 2022 1:57am
Quoting PatienceFx
{quote} in 2 words macd divergence {image}
booked +35
  • #663,230
  • Jun 13, 2022 2:02am Jun 13, 2022 2:02am
First Buy Loaded. Targeting 1.26. In as much as this is downtrend, I can't sell at this level. Let see how it goes. Risk to reward: 1:3
  • #663,231
  • Jun 13, 2022 2:09am Jun 13, 2022 2:09am
...biggest pullback since drop from 2600 is 67pips. The average pullback will be much lower since that 2600 hi. Reg bull div 1min - 1hr @ the current dly lo.
Trader with an Edge.
  • #663,232
  • Edited 2:28am Jun 13, 2022 2:12am | Edited 2:28am
Quoting PatienceFx
{quote} There are more lesbian women in India than you think Even in the government
Seriously mean..........

What a waste.

I'm packing my bag to migrate to India.


I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,233
  • Jun 13, 2022 2:19am Jun 13, 2022 2:19am
Quoting Headland
...biggest pullback since drop from 2600 is 67pips. The average pullback will be much lower since that 2600 hi. Reg bull div 1min - 1hr @ the current dly lo.
one minute chart is best for exits
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  • #663,234
  • Jun 13, 2022 2:20am Jun 13, 2022 2:20am
I think that poor Uk data virtually guarantees a max of +0.25% by Uk's Boe's Mpc later this week. Any ideas of > than that will probably be gone now? It always was a slim chance but who knows, Like a lot of central banks/govts at the moment they've gotta balance doing too much and a recession, -versus- doing too little and soaring inflation.
Trader with an Edge.
  • #663,235
  • Edited 2:46am Jun 13, 2022 2:22am | Edited 2:46am
The problem in Asia was 2300 broke.

After having broken 2300, that level is resistance.

Once 2300 holds as resistance, in all likelihood, the price will hit S1.

Now after S1, I usually take long.
Intraday only.
  • #663,236
  • Jun 13, 2022 2:24am Jun 13, 2022 2:24am
Quoting martinez1
I may be wrong but why are people still buying in this heavily down trend, this exactly how i used to trade some years ago and will be loosing my account every time. Even if you are buying then your stops must be tight but yet still you might end up giving so much in stops so many times and it's not worth it. When a trend as reveal itself you don't fight it, soar like the eagle, go with the wind, don't fight the ocean current. You can do this if the market was ranging but please stop, don't wash away your gains you've made in weeks or days....
Mate, also Note that every Trend that has a beginning will also have an end. How about educating traders on how to avoid selling at a low and also avoid buying at a high? How about educating traders how to identify Possible Trend reversals so as not to join the party when is already getting over? Yes the trend is your friend and can also be your foe if caution isn't applied.

Regards,
George.
Data + Stat + Risk/Emotions Management
  • #663,237
  • Jun 13, 2022 2:24am Jun 13, 2022 2:24am
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  • #663,238
  • Jun 13, 2022 2:35am Jun 13, 2022 2:35am
Quoting Pat Chiko
{quote} GU Stopped out retry in a bit at support {image}
GU

Pre LO

Sometimes Hindsight is very much clearer view to see the set up.

That's why we got to train our brain to "SEE" the set up while candle is forming.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,239
  • Jun 13, 2022 2:38am Jun 13, 2022 2:38am
Quoting eyefeelsix
{quote} I don't know.. there are still two unfinished waves, of course 4 north and 5 for more down to south I haven't seen the invalidation level for the bear, third wave is crazy
Quoting eyefeelsix
{quote} it's just beginning, we haven't seen a few swings in between
Quoting eyefeelsix
{quote} 2300 rejection I hope, -4p risk I take {image}
PC ON and the price broken 2300 --- cut-loss and take no action atm

--- Waves updated

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https://breakpullback.com
  • #663,240
  • Jun 13, 2022 2:39am Jun 13, 2022 2:39am

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