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Cable Update (GBPUSD)

  • #663,461
  • Jun 14, 2022 6:14am Jun 14, 2022 6:14am
Quoting Pat Chiko
{quote} GJ POI {image}

GJ

Scalp on

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,462
  • Jun 14, 2022 6:14am Jun 14, 2022 6:14am
Quoting BeeTogether
{quote} another 200 would be madness (but not impossible lol) however with every quick drop there has to be an upturn, if 12050 breaks then the 200 could be on (using psychological levels)
When they det their sights on moving this way then nothing will stop them. Those numbers we think are important become useless numbers as price moves through them like knife on butter. This thing seems set to hit the very lows no matter what. Just as it took time in a range before breaking downward, it will take time in a range to go back up. The people selling this thing are not joking.
  • #663,463
  • Jun 14, 2022 6:15am Jun 14, 2022 6:15am
Quoting BeeTogether
{quote} I want 1228 but it will come after the FOMC I think. Also depends on how brave BoE are on Thursday
BEFORE.
i dont care about BoE, BoJ, B of F*
tech only.
  • #663,464
  • Jun 14, 2022 6:18am Jun 14, 2022 6:18am
Quoting Mitiblotch
{quote} Check the past 10 years and see the average yearly range. Also check this year's range and see how many pips remaining to hit the average range of the past 10 years and voila you have a possible low for this year (plus minus 100 pips). And since you traded in a reasonable way by using volume commensurate to your account size, then no need to worry. Find out the possible low and make the decision to exit with a loss if price breaks the possible low with, say, 100 pips. If price doesn't break it then you are on your way to close almost all...

thanks mitiblotch - appreciate you taking the time to come back to me.. I’ll do some research and see if I might need a little more equity too.. do you think there’s chance of any minor reversal today (maybe around 1.21500*)
  • #663,465
  • Jun 14, 2022 6:22am Jun 14, 2022 6:22am
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?"

Below 2105 has played out as predicted
  • #663,466
  • Jun 14, 2022 6:22am Jun 14, 2022 6:22am
NY session news forecast to be VERY BAD for USD ; GU will spike
  • #663,467
  • Jun 14, 2022 6:27am Jun 14, 2022 6:27am
Quoting TheWolf
{quote} I think you are on God level considering sarcasm.

We define our self as traders.

What is our level of trader , all depending on our mindset.

We are one of these...


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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,468
  • Jun 14, 2022 6:27am Jun 14, 2022 6:27am
Quoting Whale
{quote} BEFORE. i dont care about BoE, BoJ, B of F* tech only.
Im waiting for 2 things before going north. PPI and also if 12050 can be breached if there is a bounce up then we could see 228
Insane in the Brain..
  • #663,469
  • Jun 14, 2022 6:32am Jun 14, 2022 6:32am
Quoting PatienceFx
NY session news forecast to be VERY BAD for USD ; GU will spike
Seems to me that among the only news that give high impact (really matters) for USD is Non-Farm. Going back into the past, a good number of news for USD even when they are good on paper they seem to push USD down and otherwise bad news USD rises. Non-Farm being the absolute news in view of if this news is bad for USD then USD falls 100+ pips and vice versa.
  • #663,470
  • Jun 14, 2022 6:33am Jun 14, 2022 6:33am
Quoting Pat Chiko
{quote} We define our self as traders. What is our level of trader , all depending on our mindset. We are one of these... {image}
I guess I cover all of the three stages at the moment.
  • #663,471
  • Jun 14, 2022 6:33am Jun 14, 2022 6:33am
Took profit on short have flipped to long at 12090 as 12075 area was bounced off
Insane in the Brain..
  • #663,472
  • Jun 14, 2022 6:34am Jun 14, 2022 6:34am
Quoting Pat Chiko
{quote} We define our self as traders. What is our level of trader , all depending on our mindset. We are one of these... {image}
Im the combination of three of them.
  • #663,473
  • Jun 14, 2022 6:35am Jun 14, 2022 6:35am
Quoting BeeTogether
{quote} Im waiting for 2 things before going north. PPI and also if 12050 can be breached if there is a bounce up then we could see 228
It will, easily

and like i said, if not i will come to give all of you kiss good bye.
  • #663,474
  • Jun 14, 2022 6:41am Jun 14, 2022 6:41am
Warning. One hour

If you have position, try to minimize.

Tight Stop or get out until news.

Spike is imminent, will take you out no matter where you are.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,475
  • Jun 14, 2022 6:41am Jun 14, 2022 6:41am
Quoting Whale
{quote} It will, easily and like i said, if not i will come to give all of you kiss good bye.
check ADR on daily / weekly / monthly
  • #663,476
  • Jun 14, 2022 6:43am Jun 14, 2022 6:43am
Quoting Pat Chiko
Warning. One hour If you have position, try to minimize. Tight Stop or get out until news. Spike is imminent, will take you out no matter where you are. {image}
no matter where i am i will burn?
Apocalypse Now?
  • #663,477
  • Jun 14, 2022 6:43am Jun 14, 2022 6:43am
Quoting PatienceFx
{quote} check ADR on daily / weekly / monthly
what 4?
  • #663,478
  • Jun 14, 2022 6:47am Jun 14, 2022 6:47am
Quoting Adzmoz
{quote} thanks mitiblotch - appreciate you taking the time to come back to me.. I’ll do some research and see if I might need a little more equity too.. do you think there’s chance of any minor reversal today (maybe around 1.21500*)
Wait for the data. It might come out red and that should give a good spike.
  • #663,479
  • Jun 14, 2022 6:56am Jun 14, 2022 6:56am
Quoting Whale
{quote} no matter where i am i will burn? Apocalypse Now?
Do you know what is the magical thing that Dr Strange holding.

Only Asean people use this.....

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,480
  • Edited 7:13am Jun 14, 2022 7:00am | Edited 7:13am
...back @ desk for U.s PPi, and wishing I had held that short based on the 30min exp tri and the 1hr bearish hidden div -of well! Better to be out of a good one than stuck in a bad one. Anyways, a new downtrend/current yrly lo now just a whisker below that prev dly/wkly/mthly sw lo zone that extended down to 2074. I see the following below price: (ie working a bit blind.)

2200-2074 prev dly/wkly/mthly sw lo zone = prev supp = pot supp, wkly parts starts circa 2140, and dly part starts circa 2110. Incl 2103 =Wkly S2, and 2080 = 76.4% 1410-4249)

NB: Bottom of zone above is coexistent with;

down to 1958 Prev wkly/mthly sw lo zone (once disrespected as pot sbr but then respected as pot supp,) incl:
2051 = Dly S1,
2016 = 127.2% 2155-2666,
1970 = Dly S2,
1964 = 138.2% 2155-2666,
1961 = Mthly S2

then,
1951 Yrly S3
1904 Wkly S3

Mthly below
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