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Cable Update (GBPUSD)

  • #663,761
  • Jun 15, 2022 9:37am Jun 15, 2022 9:37am
Quoting BeeTogether
The daily fax data read out same as Pats {image}
Core Retail Sales are more important numbers

You got to look at that Data too, not just Retail Sales
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,762
  • Jun 15, 2022 9:37am Jun 15, 2022 9:37am
Looks like .75 is going to happen and has been priced in. However there is an outside chance of 1.0 being announced!
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Insane in the Brain..
  • #663,763
  • Jun 15, 2022 9:39am Jun 15, 2022 9:39am
I'm out of trade. Gonna let Fed do it's thing and trade peacefully tommorow..
  • #663,764
  • Jun 15, 2022 9:42am Jun 15, 2022 9:42am
Quoting navk
{quote} 2094 is my stop now. Adjusted
edit : 2098
Intraday only.
  • #663,765
  • Jun 15, 2022 9:52am Jun 15, 2022 9:52am
Quoting TheWolf
I'm out of trade. Gonna let Fed do it's thing and trade peacefully tommorow..

Never heard wolf want to attack peacefully.

Normally Wolves are extremely aggressive toward other prey .
Wolf attacks all small or large prey..
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,766
  • Jun 15, 2022 9:56am Jun 15, 2022 9:56am
Tomorrow

Bank of England Set for Fifth Straight Rate Hike as Growth and the Pound Wobble

https://www.forexfactory.com/news/11...-straight-rate
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,767
  • Jun 15, 2022 9:57am Jun 15, 2022 9:57am
Quoting navk
{quote} edit : 2098
closed all now.

Let us wait for FOMC
Intraday only.
  • #663,768
  • Jun 15, 2022 10:01am Jun 15, 2022 10:01am
Quoting Pat Chiko
{quote} GU At least let the GAP close first before setting for going long. This way , you may minimise drawdown and entry with low risk. ( your losses are tiny) {image}
GU

Coming to test zone.

If cannot hold will go to next liquid level until FOMC.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,769
  • Jun 15, 2022 10:04am Jun 15, 2022 10:04am
Quoting Pat Chiko
{quote} GU Coming to test zone. If cannot hold will go to next liquid level until FOMC. {image}
I do not want to take a chance. I booked profits already.

Do not want to loose what has been made plenty today

Yeah you are right, daily lows to test again probably by a spike and then go long after fomc
Intraday only.
  • #663,770
  • Jun 15, 2022 10:09am Jun 15, 2022 10:09am
Quoting Moty
Go go go to 1.21245 {image}
Just remind you, that the price is below the MA’s band.
its time to get out.

any way, if your account could hold the bears pressure again to around +-1.2
so keep it.
imo better come fresh to FOMC.
i will not trade before and after.
  • #663,771
  • Jun 15, 2022 10:10am Jun 15, 2022 10:10am
Quoting navk
{quote} I do not want to take a chance. I booked profits already. Do not want to loose what has been made plenty today Yeah you are right, daily lows to test again probably by a spike and then go long after fomc
GU is eyeing for liquidity now

SMC concepts now even before retail trend lines so that’s where the mass liquidity is.

This pattern happened so many times, but a trader had the mentality that they had to sell the OB because structure broke to the downside.

What would happen is that they would get stopped out. Awesome pattern.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,772
  • Jun 15, 2022 10:10am Jun 15, 2022 10:10am
Gold and Gbpusd currently seem to be heading in the same direction down
  • #663,773
  • Jun 15, 2022 10:20am Jun 15, 2022 10:20am
Quoting navk
{quote} I do not want to take a chance. I booked profits already. Do not want to loose what has been made plenty today Yeah you are right, daily lows to test again probably by a spike and then go long after fomc
I think FOMC will send us down
Insane in the Brain..
  • #663,774
  • Jun 15, 2022 10:22am Jun 15, 2022 10:22am
Gbpjpy short tp 161.500
  • #663,775
  • Jun 15, 2022 10:33am Jun 15, 2022 10:33am
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yes yes yes
  • #663,776
  • Jun 15, 2022 10:36am Jun 15, 2022 10:36am
Quoting Moty
{image}
mate get your SL’s tight FOMC might cause havoc
Insane in the Brain..
  • #663,777
  • Jun 15, 2022 10:41am Jun 15, 2022 10:41am
Quoting Pat Chiko
{quote} UJ Not looking good About to get stopped out {image}
UJ


Closed all at LOSS

Reset for FOMC trade.

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,778
  • Jun 15, 2022 10:42am Jun 15, 2022 10:42am
Quoting BeeTogether
{quote} mate get your SL’s tight FOMC might cause havoc

FOMC selling into 5years support?


i doubt


just my opinion...but they may try to stop the buyers.. i have 250 stops on my buy swing trade
MY OPINION NOT FINANCIAL ADVISE
  • #663,779
  • Jun 15, 2022 10:46am Jun 15, 2022 10:46am
Quoting donfriday
{quote} FOMC selling into 5years support? i doubt just my opinion...but they may try to stop the buyers.. i have 250 stops on my buy swing trade
although .75 is priced in there will be movement maybe into support (which makes great long areas)
Insane in the Brain..
  • #663,780
  • Jun 15, 2022 10:47am Jun 15, 2022 10:47am
Quoting BeeTogether
{quote} I think FOMC will send us down
I expect a spike down first.

But i am not going to trade fomc.

will watch
Intraday only.
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