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Cable Update (GBPUSD)

  • #663,401
  • Jun 14, 2022 2:05am Jun 14, 2022 2:05am
Quoting Whale
{quote} outstanding illustration !
I'm the party to it. (shhhhs)
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,402
  • Jun 14, 2022 2:08am Jun 14, 2022 2:08am
Quoting Pat Chiko
{quote} I'm the party to it. (shhhhs)
Powell look like me yesterday morning when i open the chart to see the status of my late Friday trades.
  • #663,403
  • Jun 14, 2022 2:13am Jun 14, 2022 2:13am
Quoting Whale
{quote} Powell look like me yesterday morning when i open the chart to see the status of my late Friday trades.
ECB

ECB is woefully behind the curve if they are taking 50bps off the table in July.

Saying they intend to hike by 25bps in Jul & in Sep again.

But they need to go harder & faster else they'll miss the window to get rates above 0%... with recession risks kicking in 2H22

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,404
  • Jun 14, 2022 2:19am Jun 14, 2022 2:19am
Quoting Whale
i've changed my limit order, took it lil' bit lower. just because i want to reduce my risk. not my best strike form since Friday {image}
c'mon
change of plan again.

just entered

target 1.228 as 1st tp.
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  • #663,405
  • Jun 14, 2022 2:23am Jun 14, 2022 2:23am
...presently we have 1hr bearish hidden div -vs- 15min bullish hidden div but no real 1hr uptrend. Price trades between wkly S1 [@/around y/day's lo in that prev dly/wkly/mthly sw lo zone to 2074] and wkly S1 @/around the current dly hi.

1hr below
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Trader with an Edge.
  • #663,406
  • Jun 14, 2022 2:25am Jun 14, 2022 2:25am
GBP

My view in relation to earlier Unemployment change data.
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First uptick in the UK unemployment rate since the Covid crisis.

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May be a blip... but the message is clear: the easy part of the UK economic recovery is behind us & things are starting to turn.

Wages continue to chase inflation’s run rate, which must be defeated by BoE. Govt & employers to support older workers back.
Watch the UK closely... will be a canary in the coalmine for a global downturn GBP
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,407
  • Jun 14, 2022 2:31am Jun 14, 2022 2:31am
Risky range sell @1.2184 active.

SL pending upon hourly close
Face 'ur fears & tame 'ur greed
  • #663,408
  • Jun 14, 2022 2:34am Jun 14, 2022 2:34am
Quoting JereMi256
Risky range sell @1.2184 active. SL pending upon hourly close
Hi, really don't get your sell there..1hr although no uptrend yet has exceeded the last 2 x LH's on that t/f @ the current dly hi, and the trajectory intraday is up? Perhaps you think the current dly hi will hold and the 1hr+ downtrend resume? Good luck with it though.
Trader with an Edge.
  • #663,409
  • Jun 14, 2022 2:34am Jun 14, 2022 2:34am
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  • #663,410
  • Jun 14, 2022 2:37am Jun 14, 2022 2:37am
Sell Sell Sell UJ. Sl 135.5 Tp 1.30.5. ok bye
  • #663,411
  • Jun 14, 2022 2:38am Jun 14, 2022 2:38am
Quoting Whale
{image}
We agree so much on this. Cheers man
  • #663,412
  • Jun 14, 2022 2:38am Jun 14, 2022 2:38am
1.2161 - 1.2193. That's all matters today. This could be a support as well as resistance. Trade with what you see.
  • #663,413
  • Jun 14, 2022 2:41am Jun 14, 2022 2:41am
Quoting JereMi256
Risky range sell @1.2184 active. SL pending upon hourly close
Closed -2pips
Face 'ur fears & tame 'ur greed
  • #663,414
  • Jun 14, 2022 2:42am Jun 14, 2022 2:42am
Quoting JereMi256
{quote} Closed -2pips
Yeh, residual supply kicked in approaching the current dly hi...

1hr below
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Trader with an Edge.
  • #663,415
  • Jun 14, 2022 2:43am Jun 14, 2022 2:43am
Quoting Headland
{quote} Hi, really don't get your sell there..1hr although no uptrend yet has exceeded the last 2 x LH's on that t/f @ the current dly hi, and the trajectory intraday is up? Perhaps you think the current dly hi will hold and the 1hr+ downtrend resume? Good luck with it though.
I closed it and opened a buy just below 1.220, i sense a break in the coming 4H.

Thanks for the look-out bro,
To best wishes!
Face 'ur fears & tame 'ur greed
  • #663,416
  • Jun 14, 2022 2:51am Jun 14, 2022 2:51am
Quoting Nd10
Sell Sell Sell UJ. Sl 135.5 Tp 1.30.5. ok bye
That one is still in full range mode looking for more liquidity grabs above 1.35, staying put till i see a valid signal.

It's fall will go into the Guiness WBORs, mark my words!
Face 'ur fears & tame 'ur greed
  • #663,417
  • Jun 14, 2022 2:57am Jun 14, 2022 2:57am
will watch this diameter
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  • #663,418
  • Jun 14, 2022 3:12am Jun 14, 2022 3:12am
Quoting JereMi256
{quote} That one is still in full range mode looking for more liquidity grabs above 1.35, staying put till i see a valid signal. It's fall will go into the Guiness WBORs, mark my words!
USD JPY


Chart Talk

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,419
  • Jun 14, 2022 3:22am Jun 14, 2022 3:22am
Nice charts!
Waiting for RT of that OB.
Face 'ur fears & tame 'ur greed
  • #663,420
  • Jun 14, 2022 3:55am Jun 14, 2022 3:55am
Probable Breakout Upside at NY session
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