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Cable Update (GBPUSD)

  • #664,661
  • Edited 2:55am Jun 21, 2022 2:22am | Edited 2:55am
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The TMA channel is an amazing trading tool to trade a rangebound in a pair,
it's better to trade the rangebound in the Asian session
but sometimes there is a break , usually in the London session and then you get burned because take a position at the end of the range, so be sure to take a position only after even partial approval and always put a stop loss over the range of the channel. Comes in the direction of the trend or above or below the daily pivot

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yes yes yes
  • #664,662
  • Jun 21, 2022 2:33am Jun 21, 2022 2:33am
123 tested let’s see if there is a rejection between 123-12330
Insane in the Brain..
  • #664,663
  • Jun 21, 2022 2:52am Jun 21, 2022 2:52am
Bulls you need to take 1.2323. That's it. It'll take you to 1.2350 and onto 1.2425.
  • #664,664
  • Jun 21, 2022 3:06am Jun 21, 2022 3:06am
Quoting BeeTogether
123 tested let’s see if there is a rejection between 123-12330
I knew price would come test this area. I should have waited for today to enter, now in a 70 pip deep hole. My SL is some distance away. I won't touch it. I still see that we have a lot of business to do below at least around 2140 area so I will wait.
  • #664,665
  • Jun 21, 2022 3:16am Jun 21, 2022 3:16am
Scalp sell @ 2297. I think should be a good idea tight stop loss @2310
  • #664,666
  • Jun 21, 2022 3:19am Jun 21, 2022 3:19am
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yes yes yes
  • #664,667
  • Jun 21, 2022 3:38am Jun 21, 2022 3:38am
I guess still nothing from GBP. Gonna trade CAD/JPY instead.
Core Retail Sales m/m (CAD). Should be able to catch some pips today.
  • #664,668
  • Jun 21, 2022 3:45am Jun 21, 2022 3:45am
Quoting ScalaFX
{quote} Added some more higher 2250 and 60, will be holding all for a while like on chart, SL for all 2320 hard, fingers crossed {image}
Removing my stop, will be managing with some longs when come higher than 2320-30
People don't plan to lose. They lose because they don't plan.
  • #664,669
  • Jun 21, 2022 3:58am Jun 21, 2022 3:58am
Quoting Moty
{image}
why do u buy on Resistance?
So why u think we can break R.
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Trendlines H1,H4, SMC
  • #664,670
  • Jun 21, 2022 4:02am Jun 21, 2022 4:02am
Hi all,

In my opinion, GU will go long. You may enter BUY now.

Samzahari
Malaysia
Attached File(s)
File Type: pptx GU 21.6.2022.pptx   244 KB | 159 downloads
  • #664,671
  • Jun 21, 2022 4:23am Jun 21, 2022 4:23am
Quoting josip
{quote} why do u buy on Resistance? So why u think we can break R. {image}
We broke 1 res , and we heading for 2 more
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yes yes yes
  • #664,672
  • Jun 21, 2022 4:28am Jun 21, 2022 4:28am
Quoting ScalaFX
{quote} Removing my stop, will be managing with some longs when come higher than 2320-30
so far the morning belongs to the bulls. Need to see a decent break above 1230-12350 to confirm the bulls. (Using rounded numbers) bears still sleeping
Insane in the Brain..
  • #664,673
  • Edited 5:39am Jun 21, 2022 4:35am | Edited 5:39am
Quoting ScalaFX
{quote} Removing my stop, will be managing with some longs when come higher than 2320-30
This is the kind of move that entices you to buy and immediately you buy it will refuse to move even one pip north. Target is probably 2330. I knew this would happen and I am beating myself up for not waiting to sell higher. My TP still remains at 2130.
  • #664,674
  • Jun 21, 2022 4:40am Jun 21, 2022 4:40am
Quoting Mitiblotch
{quote} This is the kind of move that entices you to buy and immediately you buy it will refuse to move even one pip north. Target is probably 2330. I know this would happen and I am beating myself up for not waiting to sell higher. My TP still remains at 2130.
200 point drop would be great! Quite possible in the coming few days.
Insane in the Brain..
  • #664,675
  • Jun 21, 2022 5:09am Jun 21, 2022 5:09am
Quoting Mitiblotch
{quote} This is the kind of move that entices you to buy and immediately you buy it will refuse to move even one pip north. Target is probably 2330. I know this would happen and I am beating myself up for not waiting to sell higher. My TP still remains at 2130.
Lol, You sound like someone from West Africa, Naija????
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #664,676
  • Jun 21, 2022 5:14am Jun 21, 2022 5:14am
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yes yes yes
  • #664,677
  • Jun 21, 2022 5:34am Jun 21, 2022 5:34am
Perfect pull vack
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yes yes yes
  • #664,678
  • Jun 21, 2022 5:35am Jun 21, 2022 5:35am
2300 to 2330 top.
No confirmation to short though.
Intraday only.
  • #664,679
  • Jun 21, 2022 5:37am Jun 21, 2022 5:37am
Quoting martinez1
{quote} Lol, You sound like someone from West Africa, Naija????
Ha! I am Nigerian.
  • #664,680
  • Jun 21, 2022 5:38am Jun 21, 2022 5:38am
Quoting Moty
Perfect pull vack {image}
That flag appears to me that it will break down.
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