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Cable Update (GBPUSD)

  • #664,041
  • Jun 16, 2022 6:42am Jun 16, 2022 6:42am
Quoting BeeTogether
Yo-yo trading today. Was looking for 120 to kiss before any move up. From what I see daily s1 not touched yet either.
Hi BT,
Not sure which supports you're using but it touched my daily S1 at 1.20401 to the pip.
Cheers
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Trade to trade another day
  • #664,042
  • Jun 16, 2022 6:43am Jun 16, 2022 6:43am
God save the bulls, this hour should close above 1.22 atleast!
Face 'ur fears & tame 'ur greed
  • #664,043
  • Jun 16, 2022 6:48am Jun 16, 2022 6:48am
Quoting Jolita
{quote} You convinced me buddy, +70pips already, sl positive.
Well done! You bought the bottom.
  • #664,044
  • Jun 16, 2022 6:53am Jun 16, 2022 6:53am
100 pips down and up crooky whipsow move
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yes yes yes
  • #664,045
  • Jun 16, 2022 6:53am Jun 16, 2022 6:53am
So then, are we seeing 1.2350 today?
  • #664,046
  • Jun 16, 2022 6:53am Jun 16, 2022 6:53am
Hello,

This morning i managed to short GBPUSD and made a good profits just right after the BOE data was released .

Actually I was a little bit lucky as the volatility makes it hard to expect the direction of the market.

Generally, i see the downside momentum is still prevailing so selling the high with a good risk management is a good strategy for GBPUSD in my view

Wish you prosperous trading.

Thanks
I always knew that someday I would make it big
  • #664,047
  • Jun 16, 2022 6:53am Jun 16, 2022 6:53am
Are we expecting further $ strength today when NY opens? There's a number of data releases for US when the market opens.
  • #664,048
  • Jun 16, 2022 6:54am Jun 16, 2022 6:54am
Quoting martinez1
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
Hey Pat, I would like to know how do you open many trades with the same size at the same time?
  • #664,049
  • Jun 16, 2022 6:55am Jun 16, 2022 6:55am
USD/CHF cautiously waiting at 0.98.
  • #664,050
  • Jun 16, 2022 7:00am Jun 16, 2022 7:00am
Quoting Traderview
{quote} {image}
From now on no1hr closes below 1.2075 for bulls.
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  • #664,051
  • Jun 16, 2022 7:05am Jun 16, 2022 7:05am
Quoting samsha786
Are we expecting further $ strength today when NY opens? There's a number of data releases for US when the market opens.

I think so ,USD strength is on going as the microeconomics news are dominating the financial markets ,so in my opinion buying USD is the bulls favorite action.

Thanks.
I always knew that someday I would make it big
  • #664,052
  • Jun 16, 2022 7:07am Jun 16, 2022 7:07am
Quoting forexer
{quote} I think so ,USD strength is on going as the microeconomics news are dominating the financial markets ,so in my opinion buying USD is the bulls favorite action. Thanks.
Thanks!
  • #664,053
  • Jun 16, 2022 7:08am Jun 16, 2022 7:08am
Quoting TheWolf
USD/CHF cautiously waiting at 0.98.
Massive drop this morning... expecting good news out of US and possible return to previous level before SNB rate announcement. Let's see!
  • #664,054
  • Jun 16, 2022 7:10am Jun 16, 2022 7:10am
Long usdjpy Tp 1.33500
  • #664,055
  • Jun 16, 2022 7:15am Jun 16, 2022 7:15am
Quoting samsha786
{quote} Massive drop this morning... expecting good news out of US and possible return to previous level before SNB rate announcement. Let's see!
0.96 is next if it doesn't go up, in my honest opinion TODAY.
  • #664,056
  • Jun 16, 2022 7:17am Jun 16, 2022 7:17am
Now 1.2165 holds the key. Bulls need to break above.
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  • #664,057
  • Jun 16, 2022 7:23am Jun 16, 2022 7:23am
Quoting Traderview
Now 1.2165 holds the key. Bulls need to break above. {image}
One price i've mentioned again and again on EURGBP is 0.8545. This is the most important for GBPUSD.
  • #664,058
  • Jun 16, 2022 7:23am Jun 16, 2022 7:23am
Quoting martinez1
{quote} What is wrong with you? are you okay? why are you being petty? What does your post got to do with my previous post????? I have been in this forum for over 8 years and have not had a single issue with anyone. My post is not directed to anyone, AND I WILL NEVER DIRECT IT TO ANYONE, NEVER. For your information i don't come here looking to find a trading signal. i just read other post just like i share my views. i only ask him think if it was a tool, because i recently bought mine to help with many trades at once. This way of thinking is the...
i think he only quote you by mistake
  • #664,059
  • Jun 16, 2022 7:30am Jun 16, 2022 7:30am
Darn that hasn’t worked out at all for me lol. Short open no SL and am 100 pips down grrr. However, the news from Uk wasn’t brilliant and more US data to come this week I’m still thinking we have enough to see 120 agajn
Insane in the Brain..
  • #664,060
  • Jun 16, 2022 7:34am Jun 16, 2022 7:34am
Quoting Nd10
{quote} It will recover
And it did! I know it must hit 22800 at least.
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