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Cable Update (GBPUSD)

  • #663,521
  • Jun 14, 2022 9:27am Jun 14, 2022 9:27am
Excellent day. Hope for you too!
  • #663,522
  • Jun 14, 2022 9:28am Jun 14, 2022 9:28am
Only thing left to wonder is, when retracement is done, is WS going to push GBP down for the whole session or not.
  • #663,523
  • Jun 14, 2022 9:33am Jun 14, 2022 9:33am
...well into that (once disrespected as pot sbr, but held as pot supp @ 2074) pot supp zone that extends down to 1958 now.

mthly below
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Trader with an Edge.
  • #663,524
  • Jun 14, 2022 9:34am Jun 14, 2022 9:34am
Quoting Traderview
{quote} {image}
For your eyes only. Don't get excited to enter. Let it marinate some time in this zone.
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  • #663,525
  • Jun 14, 2022 9:41am Jun 14, 2022 9:41am
Long gbpusd. Tp 1.21200
  • #663,526
  • Edited 10:06am Jun 14, 2022 9:45am | Edited 10:06am
Quoting Mitiblotch
Friday 200 pips down. Monday 200 pips down. Today another 200 pips down?
Si! 200 pips done for today again. I actually caught some of the fish. So 600 pips down in 3 days. Bloody hell!
  • #663,527
  • Jun 14, 2022 9:47am Jun 14, 2022 9:47am
Quoting TheWolf
Only thing left to wonder is, when retracement is done, is WS going to push GBP down for the whole session or not.
well as for me i can't say when the bear will lose their power but for now the bear has all the power.

when they do lose their grip it will be visible all will see, what will be left is for us to buy towards that direction.

But first before they lose their power/battle they will become weak we won't side with the bull just yet, we will wait for the bull to really take over with strength
and then we will start shouting.......

" BULLS WE HAIL THEE!
BULLS WE HAIL THEE!
BULLS WE HAIL THEE,
AT THY FEET WE WORSHIP AND SHOW OUR RESPECT.
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #663,528
  • Jun 14, 2022 9:48am Jun 14, 2022 9:48am
Waiting for 17:00 then short again.
  • #663,529
  • Jun 14, 2022 9:50am Jun 14, 2022 9:50am
Quoting Pat Chiko
GU Scalping LONG {image}
GU

Stopped out.

Re-entry H4 SRF


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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,530
  • Jun 14, 2022 9:51am Jun 14, 2022 9:51am
Quoting martinez1
{quote} well as for me i can't say when the bear will lose their power but for now the bear has all the power. when they do lose their grip it will be visible all will see, what will be left is for us to buy towards that direction. But first before they lose their power/battle they will become weak we won't side with the bull just yet, we will wait for the bull to really take over with strength and then we will start shouting....... " BULLS WE HAIL THEE! BULLS WE HAIL THEE! BULLS WE HAIL THEE, AT THY FEET WE WORSHIP AND SHOW OUR RESPECT.
Saw the reply just now..I don't know man, too many times have I witnessed WS pushing until they close, then again if I'm wrong I'll be out. Will enter weaker this time.
  • #663,531
  • Jun 14, 2022 9:53am Jun 14, 2022 9:53am
Quoting Pat Chiko
{quote} GJ Scalp on {image}
GJ


Stopped out

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,532
  • Jun 14, 2022 9:58am Jun 14, 2022 9:58am
So what’s the likelihood of the FOMC announcing the .75% rise and the market pushing GBP lower - how many think the resistance at 1970 / 1958 hold out or will it just steam roll through it? Judging off the past few days I’ve just seen no response / strength whatsoever.. is it likely to start around this point?
  • #663,533
  • Jun 14, 2022 9:59am Jun 14, 2022 9:59am
So what’s the likelihood of the FOMC announcing the .75% rise and the market pushing GBP lower - how many think the resistance at 1970 / 1958 hold out or will it just steam roll through it? Judging off the past few days I’ve just seen no response / strength whatsoever.. is it likely to start around this point?
  • #663,534
  • Edited 10:18am Jun 14, 2022 10:00am | Edited 10:18am
Quoting Coreg2004
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. {image}
On the weekly chart, GU entered the last zone of support.
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Always trade your own plan...I don't provide trading signals.
  • #663,535
  • Jun 14, 2022 10:01am Jun 14, 2022 10:01am
1.20 broken
  • #663,536
  • Jun 14, 2022 10:01am Jun 14, 2022 10:01am
[quote=BigNumbers;14031611]GBPJPY SHORT BREAKLINE TRADELINE STOP LINE TP: 162.123 I took this trade even before the break of my TRADELINE on the H1 Time frame because the momentum is from the monthly Time frame. {image}[/

My only advise for newbies is to stay away from indicators.
Whatelse do you need apart from candlesticks.

well, GBPJPY SHORT… We are doing well.
I’m going to stick with you till the end of the month. Those who are observant would learn…

I’m glad to announce that I’m among the 5% now. No apology.
My telegram: https://t.me/avidforex
  • #663,537
  • Jun 14, 2022 10:08am Jun 14, 2022 10:08am
Quoting martinez1
Done for today, 100% today in short term. Risk is not the problem stop taking shity trades and focus on high probability trades. Cheers, trade safe and remember to follow the trend, stop looking for/ trying to pick bottom in a strong trending market {image}
How dare you tell bulls that they are taking shitty trades? They are coming for you! lol
  • #663,538
  • Jun 14, 2022 10:09am Jun 14, 2022 10:09am
... My only advise for newbies is to stay away from indicators. Whatelse do you need apart from candlesticks... What do you think of the Zig Zag Line?
My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #663,539
  • Jun 14, 2022 10:10am Jun 14, 2022 10:10am
Quoting Georginson
Talks as regards possibility of raising rates by 0.75 basis point is gathering momentum, I only see this as an opportunity to smash the dollar once the decision comes as 0.50 increment which will be termed as disappointing. The upcoming rate rise is already priced in and Dollar has rallied hard bringing most pairs to multi year lows. Back to technicals, 1.2155 was taken out yesterday as if it didn't exist at all, making it 400 pips drop within 48 hours, that's really massive. Now the big question is what's the implication of that 1.2155 being broken?...
Now I'm adding ful scale buy here at 1.2003 for first target of 1.2400, second target 1.2800...
Data + Stat + Risk/Emotions Management
  • #663,540
  • Jun 14, 2022 10:13am Jun 14, 2022 10:13am
So much resistance
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