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Cable Update (GBPUSD)

  • #663,721
  • Jun 15, 2022 6:36am Jun 15, 2022 6:36am
Quoting navk
This gbpusd is very unusual of late. Better to trade 30 min Or hourly chart in relation to 4 hr and daily tf. Simple, trade what you see. No need to make assumptions.
I traded what I saw in my chart.

The result is extremely good.

Today, i made up my mind, not to assume but trade what I see.

Yes, I recovered losses that I took on monday + tuesday.

Now a huge profit in packet.
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Intraday only.
  • #663,722
  • Jun 15, 2022 6:42am Jun 15, 2022 6:42am
Gbpusd remains in a upwards trend currently
  • #663,723
  • Jun 15, 2022 6:43am Jun 15, 2022 6:43am
Quoting navk
{quote} I traded what I saw in my chart. The result is extremely good. Today, i made up my mind, not to assume but trade what I see. Yes, I recovered losses that I took on monday + tuesday. Now a huge profit in packet. {image}
Yes Brother, assumption is so bad, it one of the demons a trader has living inside of them, for any trader to become successful he /she must find a way to term this demons. Cheers
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #663,724
  • Jun 15, 2022 6:44am Jun 15, 2022 6:44am
__________________ FYI
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Don’t focus on making $$$, focus on protecting what you have.
  • #663,725
  • Jun 15, 2022 6:47am Jun 15, 2022 6:47am
Quoting Houtbay
Gbpusd remains in a upwards trend currently
Depends what t/f you are looking at...1hr we have a LH, HL then what will be a H when it forms fractally so maybe the beginning of one yes, - but actually for me, still in a general downtrend, 4hr - mthly still in downtrends. Sub 1hr yes uptrends currently, and intraday direction is currently up.
Trader with an Edge.
  • #663,726
  • Jun 15, 2022 7:02am Jun 15, 2022 7:02am
Quoting Pat Chiko
{quote} UJ already made 100 pip moves earlier. Time to RT and then continue. News is a bit may see her to pullback up {image}{image}
UJ


Pull back prior to news


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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,727
  • Jun 15, 2022 7:05am Jun 15, 2022 7:05am
Quoting Pat Chiko
{quote} UJ Pull back prior to news {image}
Just the Hors d’oeuvres ...main course is later of course. More chance of an undershoot on forecasts and certainly on prev mth I guess, but we know shit until it is actually printed.
Trader with an Edge.
  • #663,728
  • Jun 15, 2022 7:22am Jun 15, 2022 7:22am
Quoting Pat Chiko
{quote} Trading cannot be subjective, only gambling does. Trading must be objective. Must have substance on every trade taken or to be taken. Follow what 's on the chart not in your heart.


Quoting PatienceFx
{quote}
Quoting PatienceFx
was i correct ? {image}



You're missing my point.

I'm not saying you're wrong if you want to short or long whtever pair you want.

Read my statement again :

OBJECTIVE and SUBJECTIVE

Please understand it .

You're asking me "Was I correct ?" for what ?. I never said you're wrong.
Please read my statement again.

Look how whether man predict the whether.

He bring data and chart to be OBJECTIVE.

He just cannot says : Tomorrow is raining" without any back up data or chart
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,729
  • Jun 15, 2022 7:31am Jun 15, 2022 7:31am
Some scalps for today.
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Money Maker
  • #663,730
  • Jun 15, 2022 7:37am Jun 15, 2022 7:37am
...productive 1/2hr with the sell then the buy on knee-jerk data release for a scalp. Breaking now till fomc later. G/L all.

1hr below
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Trader with an Edge.
  • #663,731
  • Jun 15, 2022 7:38am Jun 15, 2022 7:38am
US Retail Sales fall by 0.3% MoM in May vs. 0.2% expected gain



Retail Sales gauges the change in aggregate value of sales at retail level across the country

A reading that is stronger than forecast is generally supportive for the USD,while weaker than forecast reading is generally negative USD.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,732
  • Jun 15, 2022 7:40am Jun 15, 2022 7:40am
I sold GU.

Stop today high 2123
Intraday only.
  • #663,733
  • Jun 15, 2022 7:46am Jun 15, 2022 7:46am
GU back on the rise after the dip let’s see 12150 please before FOMC. (Wanted 122 but that clearly ain’t gonna happen)
Insane in the Brain..
  • #663,734
  • Jun 15, 2022 7:52am Jun 15, 2022 7:52am
Quoting BeeTogether
GU back on the rise after the dip let’s see 12150 please before FOMC. (Wanted 122 but that clearly ain’t gonna happen)
how do you say 2150 ?

Any FIBO number there >?
Intraday only.
  • #663,735
  • Jun 15, 2022 7:57am Jun 15, 2022 7:57am
simple trading mistakes that i made this week, which could have been avoided
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  • #663,736
  • Jun 15, 2022 7:59am Jun 15, 2022 7:59am
GU

May have to be extra careful for this pull back, as price need to find liquid to the upper zone in preparation for FOMC later.

Just be prepare at the RSF zone with price action may show you the bounce/ or not.


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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,737
  • Jun 15, 2022 8:02am Jun 15, 2022 8:02am
I am long again
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yes yes yes
  • #663,738
  • Jun 15, 2022 8:03am Jun 15, 2022 8:03am
retail and core retail came out bad for usd
  • #663,739
  • Jun 15, 2022 8:06am Jun 15, 2022 8:06am
Quoting navk
{quote} how do you say 2150 ? Any FIBO number there >?
No just psychological areas. If it breached 12150 then there is a case for 122
Insane in the Brain..
  • #663,740
  • Jun 15, 2022 8:06am Jun 15, 2022 8:06am
Quoting Traderview
{quote} For your eyes only. Don't get excited to enter. Let it marinate some time in this zone. {image}
Update:
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