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Cable Update (GBPUSD)

  • #663,781
  • Edited 11:35am Jun 15, 2022 10:53am | Edited 11:35am
Quoting Houtbay
Gbpjpy short tp 161.500
GJ

I think too tight as we are approaching major news.

It may want to spike both liquidity zone on the news.

As price now is trapped between the two S&R zone

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,782
  • Jun 15, 2022 11:03am Jun 15, 2022 11:03am
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yes yes yes
  • #663,783
  • Jun 15, 2022 11:11am Jun 15, 2022 11:11am
im a round number trader and here is what i think about the support at 1.1950


2022 opened at 1.35 so its easy to see a round number of 1.40 or 1.20 solid

we need to trade now between 130-120 major round number
if 2022 close between 1.2025 then i its 80% chance 1.20-1.1950 will break in 2023


these why i have been bullish for third-quarter i am fully expecting a bounce of 1.20
MY OPINION NOT FINANCIAL ADVISE
  • #663,784
  • Jun 15, 2022 11:13am Jun 15, 2022 11:13am
1.20500-1.20544 is the zone of the daily pivot and weekly s2
It will support the price
yes yes yes
  • #663,785
  • Jun 15, 2022 11:14am Jun 15, 2022 11:14am
Quoting Moty
1.20500-1.20544 is the zone of the daily pivot and weekly s2 It will support the price
🥹
  • #663,786
  • Jun 15, 2022 11:15am Jun 15, 2022 11:15am
Quoting donfriday
im a round number trader and here is what i think about the support at 1.1950 2022 opened at 1.35 so its easy to see a round number of 1.40 or 1.20 solid we need to trade now between 130-120 major round number if 2022 close between 1.2025 then i its 80% chance 1.20-1.1950 will break in 2023 these why i have been bullish for third-quarter i am fully expecting a bounce of 1.20
  • #663,787
  • Jun 15, 2022 11:19am Jun 15, 2022 11:19am
Quoting Whale
{quote}
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MY OPINION NOT FINANCIAL ADVISE
  • #663,788
  • Jun 15, 2022 11:20am Jun 15, 2022 11:20am
Quoting donfriday
{quote} {image}
Q3: 1 July – 30 September

open excel sheet and type in cell a1: =today()
  • #663,789
  • Jun 15, 2022 11:23am Jun 15, 2022 11:23am
Quoting Whale
{quote} Q3: 1 July – 30 September open excel sheet and type in cell a1: =today()
ja
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MY OPINION NOT FINANCIAL ADVISE
  • #663,790
  • Jun 15, 2022 11:26am Jun 15, 2022 11:26am
Quoting Whale
{quote} Q3: 1 July – 30 September open excel sheet and type in cell a1: =today()

here is A1
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MY OPINION NOT FINANCIAL ADVISE
  • #663,791
  • Jun 15, 2022 11:30am Jun 15, 2022 11:30am
The trend is down....sell on a 55 or 20 day bo!!!
  • #663,792
  • Jun 15, 2022 11:31am Jun 15, 2022 11:31am
Quoting donfriday
{quote} here is A1 {image}


follow the instructions baby.
  • #663,793
  • Jun 15, 2022 11:43am Jun 15, 2022 11:43am
Quoting Moty
{image}
Hello Moty, where is your SL?
Face 'ur fears & tame 'ur greed
  • #663,794
  • Jun 15, 2022 11:48am Jun 15, 2022 11:48am
Hi guys

im looking at the daily time frame...as you can see the support and resistance lines...Which leaves me stranded
But I guess waiting for it to touch the support line wont do me no harm
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  • #663,795
  • Jun 15, 2022 11:56am Jun 15, 2022 11:56am
Quoting Houtbay
Gold and Gbpusd currently seem to be heading in the same direction down
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yes yes yes
  • #663,796
  • Edited 12:10pm Jun 15, 2022 11:56am | Edited 12:10pm
Follow your system and mindset, not mine
i followed lately others, and unfortunately it mislead me from my map.
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prepare your asshole. You are going to get a bear dick right in there, get yourself good Vaseline
I don’t want you to get hurt
  • #663,797
  • Jun 15, 2022 12:00pm Jun 15, 2022 12:00pm
...I know, here's an idea - let's print 40% of all $'s printed ever in the last 2 years, whilst also continuing to run massive concurrent double deficits - ie a govt spending deficit, and a trade balance deficit, and see what happens...' Do'h. And so we arrive at the scene of the accident and wait for the latest 'main event' Powell and the fomc rate announce, QT hints, and press conf. It reminds you of a monkey that has been trained to take a cork/stopper out of a big vessel that is pressurised and contains horse-shit. Given the signal, the monkey duly takes the cork/stopper out, and you should see the commotion when he tries to put it back in again!
Trader with an Edge.
  • #663,798
  • Jun 15, 2022 12:05pm Jun 15, 2022 12:05pm
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The dollar is too strong! USDCHF is going to make a new high.
  • #663,799
  • Jun 15, 2022 12:09pm Jun 15, 2022 12:09pm
Quoting Pat Chiko
{quote} Hey Jolita, Many thanks for the info and link resources. It is handy to follow it later. Your sharing/discussions will help ALL of us to become better traders, to become profitable traders. One thing about "interpretation" ... many different aspects can be derived from it (as we have seen from all the past lessons). Again.....Thanks for sharing the info. I am sure a lot of people would be interested and benefit from this. You're such a blessing to this thread. We all love you Best Wishes. PAT Chiko Kuala Lumpur
Thank you Pat for your kind words.
These links are good iand very useful info when markets are distressed. More you read better ideas you could select and apply to your trades. Constant following is a must in trading!

Thank you so much for sharing your advice, trades and especially jokes Good to see you back here.
I read your posts with interest, much appreciated. Your trading skills are priceless. Thank you so much for sharing good ideas.
We all love you too

Good trading tonight
  • #663,800
  • Jun 15, 2022 12:09pm Jun 15, 2022 12:09pm
Quoting Whale
Follow your system and mindset, not mine i followed lately others, and unfortunately it mislead me from my map.{image} {image}
you are posting to compare ur view with other but not to take there trade

you should know better by now
MY OPINION NOT FINANCIAL ADVISE
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