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Cable Update (GBPUSD)

  • #663,361
  • Jun 13, 2022 2:29pm Jun 13, 2022 2:29pm
Quoting BeeTogether
{quote} no idea it’s gone a bit mad.. spikes up and down

At forexlive.com there was a message about that FED could talk about an increase of 0.75%.

Apparatently the market took this serious.
  • #663,362
  • Jun 13, 2022 2:42pm Jun 13, 2022 2:42pm
Quoting Pat Chiko
{quote} GU Scalp for tomorrow {image}

GU

Stopped out
Attached Image (click to enlarge)
Click to Enlarge Name: gu 231.jpg Size: 139 KB





FED has spoken
Special Situations News from FED
WSJ


*Fed Officials Could Approve 0.75-Percentage-Point Rate Rise -- WSJ
*High Inflation Raises Prospect of Bigger-Than-Expected Fed Rate Increase This Week -- WSJ
*Officials Had Earlier Signaled Plans to Raise Rates by Half Percentage Point -- WSJ
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,363
  • Jun 13, 2022 2:52pm Jun 13, 2022 2:52pm
United StatesMEDIUM
Fed Brainard Speech .............GU TANKEND
average dude treading water
  • #663,364
  • Jun 13, 2022 3:20pm Jun 13, 2022 3:20pm
Quoting Pat Chiko
{quote} GU Stopped out {image} FED has spoken Special Situations News from FED WSJ *Fed Officials Could Approve 0.75-Percentage-Point Rate Rise -- WSJ *High Inflation Raises Prospect of Bigger-Than-Expected Fed Rate Increase This Week -- WSJ *Officials Had Earlier Signaled Plans to Raise Rates by Half Percentage Point -- WSJ
Maybe this will be priced in by Wed.....
Lost....
  • #663,365
  • Jun 13, 2022 3:29pm Jun 13, 2022 3:29pm
Quoting gespiri
{quote} Maybe this will be priced in by Wed.....
Yet to decide....

The word "could" may be .5 or straight to 1.0

Letting their friend to cash out and corner the market first.

It's all rigged aka "priced in"

Attached Image (click to enlarge)
Click to Enlarge Name: hike.jpg Size: 76 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,366
  • Jun 13, 2022 3:49pm Jun 13, 2022 3:49pm
Madness one min we were looking for a road to 123. Next minute we totally off track and the 122 seems hard work
Insane in the Brain..
  • #663,367
  • Jun 13, 2022 7:48pm Jun 13, 2022 7:48pm
Quoting BeeTogether
Madness one min we were looking for a road to 123. Next minute we totally off track and the 122 seems hard work
Since Friday high, 2517 it has fallen to 2107.

410 pips almost vertically.

All happened in 2 days.

Today ?

It might retrace back to 2200 first.
Intraday only.
  • #663,368
  • Jun 13, 2022 9:11pm Jun 13, 2022 9:11pm
Quoting navk
{quote} Since Friday high, 2517 it has fallen to 2107. 410 pips almost vertically. All happened in 2 days. Today ? It might retrace back to 2200 first.
"It might." I like that.

This is because that H1 candle of 7 hours ago is ominous. It's saying PA will get below 2105 soon. But the question is "how soon?"
  • #663,369
  • Jun 13, 2022 9:17pm Jun 13, 2022 9:17pm
Presently, there is a bearish engulfer on H1. The bulls are resisting it fiercely but it will play out eventually. Where it will fall to, remains anybody's guess
  • #663,370
  • Jun 13, 2022 9:31pm Jun 13, 2022 9:31pm
Good evening boys. So we're seeing the exact same setup as yesterday, price exhausting at the fork's median line along is a supply zone horizontal and vertical as shown by the sloped frequency lines. Still bearish!
Attached Image (click to enlarge)
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  • #663,371
  • Jun 13, 2022 10:10pm Jun 13, 2022 10:10pm
Quoting Obdyx
{quote} "It might." I like that. This is because that H1 candle of 7 hours ago is ominous. It's saying PA will get below 2105 soon. But the question is "how soon?"
it is just consolidating. take care
Intraday only.
  • #663,372
  • Jun 13, 2022 11:06pm Jun 13, 2022 11:06pm
Quoting Whale
{quote} 10m -10p. this is good whale. re-enter will hold till morning w/o sl
Closed +35
total from yesterday +25

Buy limit @1.2138
sl below last low.
Attached Image (click to enlarge)
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  • #663,373
  • Jun 13, 2022 11:10pm Jun 13, 2022 11:10pm
Quoting Whale
{quote} Closed +35 total from yesterday +25 Buy limit @1.2138 sl below last low.
good, I too closed my longs.

will now wait for retrace to go long again.
Intraday only.
  • #663,374
  • Jun 13, 2022 11:30pm Jun 13, 2022 11:30pm
Regular divergence
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #663,375
  • Jun 13, 2022 11:32pm Jun 13, 2022 11:32pm
It's good that it closed. It is always difficult to work out corrections. you don't know the potential of such movements... the market is still short, but I would wait for a correction for a better short entry. It makes no sense to work on the current
  • #663,376
  • Jun 13, 2022 11:55pm Jun 13, 2022 11:55pm
If the data at 7am U.K. time is good or better than expected what sort of bounce would you expect today? Does anyone think we could visit 1.23 briefly or is that unrealistic?
  • #663,377
  • Jun 14, 2022 12:02am Jun 14, 2022 12:02am
Quoting navk
{quote} good, I too closed my longs. will now wait for retrace to go long again.
It will be only a scalp.
after the LL on daily the chances that we will not see 1.198x are low within this leg down.

but its only an idea.
all rivers flow to this area.
  • #663,378
  • Jun 14, 2022 12:03am Jun 14, 2022 12:03am
Quoting donfriday
Regular divergence {image}
Your quarters machine messed up.
  • #663,379
  • Jun 14, 2022 12:10am Jun 14, 2022 12:10am
short taken for uk unemployment
Attached Image (click to enlarge)
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  • #663,380
  • Jun 14, 2022 12:15am Jun 14, 2022 12:15am
Quoting PatienceFx
short taken for uk unemployment {image}
We recently broke the lows of 1.21539 and the probability of a correction is extremely high. You entered on a pullback and most likely your short stops will be knocked out
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