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Cable Update (GBPUSD)

  • #664,981
  • Jun 22, 2022 1:11pm Jun 22, 2022 1:11pm
watch 2293
  • #664,982
  • Jun 22, 2022 1:28pm Jun 22, 2022 1:28pm
Quoting BigNumbers
I short gold at 1840.74 there is a sell side liquidity at 1828.68 which is my first Target. price should trade to the buy side liquidity at 1817.97 Good Luck.

Study Liquidity… Price revolves around it.
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My telegram: https://t.me/avidforex
  • #664,983
  • Jun 22, 2022 2:20pm Jun 22, 2022 2:20pm
it's rejected from 61 fib , now below 50 fib ....then 38 ..... so on
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  • #664,984
  • Jun 22, 2022 2:37pm Jun 22, 2022 2:37pm
Eurjpy short

tp: 143.450
My telegram: https://t.me/avidforex
  • #664,985
  • Jun 22, 2022 2:54pm Jun 22, 2022 2:54pm
start with 160 $ ,
lost 60 $ and went down went to 100 $
deposite 200 $ , and graw up to 660 $ ,
withdraw 400
left 260 $
today i took profit close to the pivot R1 level
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yes yes yes
  • #664,986
  • Jun 22, 2022 5:02pm Jun 22, 2022 5:02pm
my strategy - below R = short
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Trendlines H1,H4, SMC
  • #664,987
  • Jun 22, 2022 5:16pm Jun 22, 2022 5:16pm
add buy - 1.2263
Together we can be strongest
Vantage Return This Month: -97.0%
  • #664,988
  • Jun 22, 2022 5:49pm Jun 22, 2022 5:49pm
Quoting BeeTogether
{quote} WFH for last 2 years so it kinda cool, but getting kids to school was a nightmare
Really, where about you are? I heard there are still trains and buses running, only not easy to get on.
Strikes are regular event here. Pay is higher then NHS, people never happy.
Public Transport doesn't affect me at all, my office is within walking distance and I cycle to places. We have brilliant cycling routes in London. Takes me under 20 min to reach Tower Bridge.
  • #664,989
  • Jun 22, 2022 6:07pm Jun 22, 2022 6:07pm
Daily retested mid may low 1.2160 and close few pips lower.
US rate rise will not help to reduce recession. Biden sugested to save towards second pandemic. Looks we are stuck until price breaks eighter way.
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  • #664,990
  • Jun 22, 2022 7:27pm Jun 22, 2022 7:27pm
If we don't drop here, I'm half expecting a retrace to 1.231 - 1.232 before a selloff.
  • #664,991
  • Jun 22, 2022 8:06pm Jun 22, 2022 8:06pm
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yes yes yes
  • #664,992
  • Edited 8:49pm Jun 22, 2022 8:20pm | Edited 8:49pm
Below 2270/2287, sell. Stop 2287
IMO
Intraday only.
  • #664,993
  • Jun 22, 2022 9:39pm Jun 22, 2022 9:39pm
Quoting bilal1947
{quote} Here i go again answering my own-self ! Fundamentally we have learnt dollar is weak but GU is weaker based on the higher inflation, and aggressiveness of FED in interest rate hike, i.e., the whole world knows that what if i came to know this recently, so what is obvious market wont let it happen Similar situation happen last week when FED had to review their interest rates. everyone expecting Dollar to retrace as week start and to be bullish upon rate hike news, but what actually it did is the reverse.... again what is obvious market...
Its started happening hoping it keeps on !!!
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"Exchange of hands"
  • #664,994
  • Jun 22, 2022 9:51pm Jun 22, 2022 9:51pm
You just need to compare price action on 7th June to price action on 22nd of June to see what's going to happen next.
In particular, look at the 3-4 days price action prior in the build up to those days.
  • #664,995
  • Jun 22, 2022 9:59pm Jun 22, 2022 9:59pm
Quoting EvilEye
You just need to compare price action on 7th June to price action on 22nd of June to see what's going to happen next. In particular, look at the 3-4 days price action prior in the build up to those days.
You EvilEye only can catch that, thanks, do post charts some times...
"Exchange of hands"
  • #664,996
  • Jun 22, 2022 11:45pm Jun 22, 2022 11:45pm
GU LONG NOW

TP 1.23156

Ideal TP should be 10 pips lower than normal TP.

Good luck
My telegram: https://t.me/avidforex
  • #664,997
  • Jun 22, 2022 11:50pm Jun 22, 2022 11:50pm
Quoting BigNumbers
GU LONG NOW TP 1.23156 Ideal TP should be 10 pips lower than normal TP. Good luck
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #664,998
  • Jun 23, 2022 12:02am Jun 23, 2022 12:02am
The safe move is to pre-empt an attack for 1.231 -> 1.232 and short it from up there when it runs out of steam, having clipped stops.
Not going to try attacking into paycheck territory (although a valid trade), because of the downside risk.
Nobody said that it had to go up there first before dropping.
It could even go at chase larger moving averages above 1.24...

Will wait to see what we're given....
  • #664,999
  • Jun 23, 2022 12:08am Jun 23, 2022 12:08am
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yes yes yes
  • #665,000
  • Jun 23, 2022 12:15am Jun 23, 2022 12:15am
Quoting EvilEye
The safe move is to pre-empt an attack for 1.231 -> 1.232 and short it from up there when it runs out of steam, having clipped stops. Not going to try attacking into paycheck territory (although a valid trade), because of the downside risk. Will wait to see what we're given....
For and EvilEye, you've got a sharp one! I think the same, and it perhaps already passed 13hours ago.

On another note, now ranging ever so tightly with some leaning downwards after the 3 strong up attempts. Last week's main attempt failing to bring it above .24, now a fourth day failing to close >.23 increases slow and steady down continuation chances but also one day bull miracle >.24 as long as it is ranging >.22.

Fun times as always Cheers everyone, nice to see you all!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
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