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Cable Update (GBPUSD)

  • #664,021
  • Jun 16, 2022 6:09am Jun 16, 2022 6:09am
Quoting navk
Actually, I passed a challenge with a Prop firm today. Yeah, did it in a single day. Approximately in 8 hrs. Allowed is 30 days. Now, I can concentrate in funded account. {image}
Congratulations bro. we celebrate wins even if is not our knowing that ours will come. it is time and chance for us all. Cheers
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #664,022
  • Jun 16, 2022 6:09am Jun 16, 2022 6:09am
Quoting TheWolf
Went down first... Expecting buy and could be terribly wrong.
Hawkish disappointment! The GB02Y gap down on Tuesday by 32bps, the community as a whole was expecting around 50bps hike. So 25bps hike is bearish, also the interest rate differentials might make GU on a free fall
More time in the market, does not mean you trade better!
  • #664,023
  • Jun 16, 2022 6:10am Jun 16, 2022 6:10am
Quoting Mitiblotch
{quote} 70 pips up in smoke. Lol... that's the punishment for entering before the news. But can be sweet when you get it right. Today it is bitter.
It will recover
  • #664,024
  • Jun 16, 2022 6:12am Jun 16, 2022 6:12am
Quoting JackintheBox
Hmmm...weird move. What did markets expected? Surprising 0.5 rate hike?? I think it's time for going long. What a crash on expected news. That's seldom.

No surprise, BOE and UK under punishment lately, no matter how much we would like the opposite. Time will come one day...
BJ party members resigning, two left after voting.
  • #664,025
  • Jun 16, 2022 6:14am Jun 16, 2022 6:14am
Quoting Mitiblotch
{quote} 70 pips up in smoke. Lol... that's the punishment for entering before the news. But can be sweet when you get it right. Today it is bitter.

Hehehe, Its always a 50-50. Might probably reverse
Time is everything; Everything.
  • #664,026
  • Jun 16, 2022 6:16am Jun 16, 2022 6:16am
Move is down but very choppy. I think I know what to do now...
  • #664,027
  • Jun 16, 2022 6:17am Jun 16, 2022 6:17am
Quoting Traderview
{quote} {image}{image}{image}
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 130 KB
  • #664,028
  • Jun 16, 2022 6:17am Jun 16, 2022 6:17am
Quoting navk
Actually, I passed a challenge with a Prop firm today. Yeah, did it in a single day. Approximately in 8 hrs. Allowed is 30 days. Now, I can concentrate in funded account. {image}

i think this E8 challenge is a game-changer, if you do well you can raise ur own fund from there using just small money to control big money.

i am getting the 100k-200k


keep it up
MY OPINION NOT FINANCIAL ADVISE
  • #664,029
  • Jun 16, 2022 6:18am Jun 16, 2022 6:18am
Wonderful level to buy! Don't miss it!
  • #664,030
  • Jun 16, 2022 6:20am Jun 16, 2022 6:20am
I guess 1.18 isn't far when Wall Street gets their fingers above sell button.. Really thought it would go down 80 pips and then up after they get rid of buyers, however not looking like it today.
  • #664,031
  • Jun 16, 2022 6:21am Jun 16, 2022 6:21am
Quoting Mitiblotch
{quote} Or below. Lol... I dont think it matters as to what price does. Price movement is almost already predetermined. It may spike up or down and then head in the direction it should.

Sorry for -70, you will regain, you have superb skills.

I was so tempting to long after 11am, at 121.80, glad stayed out.
Whales are strong, 100 pips drop in 15 min, again was 50/50 chance.
Retrace before NY also not convinced, and later not convinced sell continues. Dollar was sold yesterday.
Will wait to see how big guys will play.
  • #664,032
  • Jun 16, 2022 6:26am Jun 16, 2022 6:26am
This set up was given 1.5 hours ago

Quoting Pat Chiko
GU Lets ride the Bank of England’s Monetary Policy Committee (MPC) bank rate votes, monetary policy summary, and official bank rate set to be released at 11:00 GMT.
Quoting Pat Chiko
Preparing for the dump.. gimme a spike {image}



Follow up by some hints..........
Quoting Pat Chiko
{quote} Watch out for that bull............ Real bull or fake bull ? {image}


The execution on the news with small drawdown.

Taking partial profit on the way down

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #664,033
  • Jun 16, 2022 6:26am Jun 16, 2022 6:26am
I know people are still trading against the current monthly trend which is down, which even if the do, they should only scalp 10-20 and shouldn't stay in and sleep.

Not trading against trend is the problem but staying against it for a long, you should only get in and get out.

I might be wrong, who knows. this is just my views
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #664,034
  • Jun 16, 2022 6:31am Jun 16, 2022 6:31am
how long will the news affect price?
  • #664,035
  • Jun 16, 2022 6:35am Jun 16, 2022 6:35am
on h1 I see only down now, later better?
  • #664,036
  • Jun 16, 2022 6:35am Jun 16, 2022 6:35am
Yo-yo trading today. Was looking for 120 to kiss before any move up. From what I see daily s1 not touched yet either.
Insane in the Brain..
  • #664,037
  • Jun 16, 2022 6:37am Jun 16, 2022 6:37am
Quoting JereMi256
One calf active @1.2077 TP & SL mental Will add more calves lower... Added @1.2050 SL 2027
Closed all +75pips
Face 'ur fears & tame 'ur greed
  • #664,038
  • Jun 16, 2022 6:37am Jun 16, 2022 6:37am
Crap..how right and wrong I was. First thought 80 pips down and up, and stupid second guessing convinced me Pound is going to 1.18. I never lose, I either learn or win..hahah yeah..whatever.
  • #664,039
  • Jun 16, 2022 6:38am Jun 16, 2022 6:38am
Quoting TheWolf
Crap..how right and wrong I was. First thought 80 pips down and up, and stupid second guessing convinced me Pound is going to 1.18. I never lose, I either learn or win..hahah yeah..whatever.
Hahahha…
it will go to 1.18 and below. Wait it will take days probably.
  • #664,040
  • Jun 16, 2022 6:40am Jun 16, 2022 6:40am
Quoting bigiivan
Wonderful level to buy! Don't miss it!

You convinced me buddy, +70pips already, sl positive.
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