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Cable Update (GBPUSD)

  • #664,921
  • Jun 22, 2022 9:48am Jun 22, 2022 9:48am
Quoting Mitiblotch
Bears are having it really bad. What's all this spike about? Over 130 pips bounce. If it goes long today then tomorrow it will rise even higher. Again in a hole when I should have just banked and walked away. Still holding anyway.
Mitiblotch, I know what you are talking about...
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My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #664,922
  • Jun 22, 2022 9:48am Jun 22, 2022 9:48am
Quoting Formonix
Strong trend up coming
Yes, you didnt said on what TF , right
People don't plan to lose. They lose because they don't plan.
  • #664,923
  • Jun 22, 2022 9:49am Jun 22, 2022 9:49am
Maybe taking out stops around 12325 before reverse.... might just keep on chugging.
  • #664,924
  • Jun 22, 2022 9:54am Jun 22, 2022 9:54am
Quoting ForexGoose
{image}{image}
I will wait to sell from higher levels.
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #664,925
  • Jun 22, 2022 9:55am Jun 22, 2022 9:55am
There is nothing I see to short now.

May be the last 4hr candle may give some clue
Intraday only.
  • #664,926
  • Jun 22, 2022 9:55am Jun 22, 2022 9:55am
Quoting BigNumbers
{quote} Price was quick to create buy side liquidity at 1.22269 and 1.22481 respectively and it should be heading to the first sell side liquidity at 1.23208 and other sell side liquidity above. I went long at 1.22481.
Thank you BN !!
"Exchange of hands"
  • #664,927
  • Jun 22, 2022 9:58am Jun 22, 2022 9:58am
Quoting BeeTogether
{quote} Yup couldn't break through the daily low today. UK data was crap but it seems we had a dovish Fed today.
I don't think this has anything to do with the Fed. Seems they want price up and if they want it up they'll get it up no matter what.
  • #664,928
  • Jun 22, 2022 10:00am Jun 22, 2022 10:00am
Hi,

Good GBPUSD buying power and momentum have been building up and it was a nice opportunity to ride the sterling upward spike , it's really amazing ,a 32% daily return not bad.

Liquidity is getting better ,so i wish you all happy trading.

Thanks
I always knew that someday I would make it big
  • #664,929
  • Jun 22, 2022 10:03am Jun 22, 2022 10:03am
Have hedged my shorts. Not willing to give them this almost 70 pips. The down move was a complete fake. London bought it and will soon close and this means higher prices. Moreover today is 22 and price may just go up till end of the month. I don't know. But will close my buys at the appropriate place and. If we get 2360 today I'll close the buys and let it drip off a little. I'll hedge myself out.

This bounce is really strong. Won't fight it.
  • #664,930
  • Jun 22, 2022 10:04am Jun 22, 2022 10:04am
15 min doij
  • #664,931
  • Jun 22, 2022 10:05am Jun 22, 2022 10:05am
Quoting stjoeforex
I wish they would shut up now... I have a sell on! And right now its in the negative! I didn't think the news was going to be this bad...
life is like this , we not know the next what happening many times ,. the crazy now in full correction up mode .2309 or even some more ok to wait fir bear action next in gu. take care
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #664,932
  • Jun 22, 2022 10:05am Jun 22, 2022 10:05am
Quoting Mitiblotch
{quote} I don't think this has anything to do with the Fed. Seems they want price up and if they want it up they'll get it up no matter what.

It's not about Fed or any other news releases ,the buyers taking control because of the technicals TA triggered a very strong buy signals this morning .

Thanks
I always knew that someday I would make it big
  • #664,933
  • Jun 22, 2022 10:06am Jun 22, 2022 10:06am
Quoting Traderview
{quote} Update: {image}
nice chart
  • #664,934
  • Jun 22, 2022 10:10am Jun 22, 2022 10:10am
2350 is the bull's gateway to the north, if fails.. he's over
https://breakpullback.com
  • #664,935
  • Jun 22, 2022 10:11am Jun 22, 2022 10:11am
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Quoting elbert3
{quote} nice chart
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Did very well today cable hit all of my targets . Two 50 lots in there . . Hope it was of some help
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  • #664,936
  • Jun 22, 2022 10:12am Jun 22, 2022 10:12am
Quoting eyefeelsix
2350 is the bull's gateway to the north, if fails.. he's over
Intresting, pls ahare chart.

im off gu for a while.
  • #664,937
  • Jun 22, 2022 10:13am Jun 22, 2022 10:13am
Quoting Whale
{quote} Intresting, pls ahare chart. im off gu for a while.
Am tempted to do the same! But don’t know as other pairs as much.
Insane in the Brain..
  • #664,938
  • Jun 22, 2022 10:15am Jun 22, 2022 10:15am
Now will it go back 2260 or below
  • #664,939
  • Jun 22, 2022 10:15am Jun 22, 2022 10:15am
Quoting Whale
{quote} Intresting, pls ahare chart. im off gu for a while.
Imo is strong short, but since price refusing to trend i dont want to waste my time on it.
  • #664,940
  • Jun 22, 2022 10:17am Jun 22, 2022 10:17am
Quoting BeeTogether
{quote} Am tempted to do the same! But don’t know as other pairs as much.
Try them, we are traders with a system.
What can go wrong, when i was a newbie i trade only EU, for years!! Just because the low spread.
now it not on my watchlist.
try some cross pairs, i really enjoy trading them.
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