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Cable Update (GBPUSD)

  • #665,041
  • Jun 23, 2022 2:37am Jun 23, 2022 2:37am
Quoting Moty
{quote} sorry my friend , i also took a lose there , 46 $ but now in my short position i am allready with 55 $ profit i came again with pre trading Thoughts on how trading will develop instead of recognizing the head and shoulders pattern {image} {image}
I was going to say Moty, it is not easy switching at the right moment like you did . Nice skills!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #665,042
  • Jun 23, 2022 2:37am Jun 23, 2022 2:37am
I may enter again on ny
i hope it will slide to 1.205 area till then
but it could be sideway as i said yesterday, they want us to be bold or with white hairs.
  • #665,043
  • Jun 23, 2022 2:40am Jun 23, 2022 2:40am
out at weekly pivot
waiting for retracement
Attached Image (click to enlarge)
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yes yes yes
  • #665,044
  • Jun 23, 2022 2:42am Jun 23, 2022 2:42am
Hi,

I managed to get few pips selling GBP this morning ,it was a swiftly closed trades in 4.5% profits ,still not bad at all for early London's session trade.

As you know early bird gets the worm

Thanks
I always knew that someday I would make it big
  • #665,045
  • Jun 23, 2022 2:44am Jun 23, 2022 2:44am
Looks like it went early without looking for stop hunting. I guess the topside is done and it's downhill all the way from here.
Too late to jump in short at the low of the day. Have to wait for some kind of pullback in the US session. Question is, how far will they pull it back?

Good place to TP on any open shorts down here. I see the session changeover trying to possibly bear trap.
  • #665,046
  • Jun 23, 2022 2:45am Jun 23, 2022 2:45am
Quoting Pat Chiko
{quote} Ohhh.... Nooooo .! Moty, now stuck with my LONG position........... It may take my SL by LO.... {image}
GU

Stopped out.......

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #665,047
  • Jun 23, 2022 2:45am Jun 23, 2022 2:45am
buyers might be in here careful
  • #665,048
  • Jun 23, 2022 2:46am Jun 23, 2022 2:46am
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Attached Image (click to enlarge)
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  • #665,049
  • Jun 23, 2022 2:49am Jun 23, 2022 2:49am
at S1 now.

From here, I expect bullish scenario.

Stop 2150.
Intraday only.
  • #665,050
  • Jun 23, 2022 2:49am Jun 23, 2022 2:49am
1.21800 long/short
  • #665,051
  • Jun 23, 2022 2:50am Jun 23, 2022 2:50am
Quoting Moty
{quote} sorry my friend , i also took a lose there , 46 $ but now in my short position i am allready with 55 $ profit i came again with pre trading Thoughts on how trading will develop instead of recognizing the head and shoulders pattern {image} {image}

Ha ha ha............

No problem Moty.

Having some calculated risk for the trade taken.

You switch was top notch, never seen any traders here are so skillful as you in taking those stunt.

Congrat Bro....

P/s No worries, got other trades covering.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #665,052
  • Jun 23, 2022 2:53am Jun 23, 2022 2:53am
Gold 1837 short
  • #665,053
  • Jun 23, 2022 2:54am Jun 23, 2022 2:54am
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"Exchange of hands"
  • #665,054
  • Jun 23, 2022 2:58am Jun 23, 2022 2:58am
Quoting navk
at S1 now. From here, I expect bullish scenario. Stop 2150.
1.2207 is the R. I'd rather look for highs to sell than buys. Watch out for the fake upward moves.
  • #665,055
  • Jun 23, 2022 2:59am Jun 23, 2022 2:59am
Hit all 4 last days' lows in one hour. Congratulations bears, not something that happens often !

But Mtako still not impressed . Only last Thursday's low means something to me, and its still 130 away.
Quoting mtako
Maybe the next days the 6H to D hidden divergence will show\ signs of determination. Needs drop of minimum <.19. without 6H close >.242. No small feat
Bulls bulls bulls, show yourselves but only <.21
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #665,056
  • Jun 23, 2022 3:00am Jun 23, 2022 3:00am
2484 will become a long target , price told us it can break the higher tl at 2288 , good number to load longs there when we start going back up ,,so we note this
  • #665,057
  • Jun 23, 2022 3:02am Jun 23, 2022 3:02am
Quoting Traderview
{quote} 1.2207 is the R. I'd rather look for highs to sell than buys. Watch out for the fake upward moves.
The luck is on the bull side last days.. we just need to be patient to it for over.
NY is the most often session who able to move the price smoothly out of ranges.

im out but short bias, just out of patience of this pair
  • #665,058
  • Jun 23, 2022 3:05am Jun 23, 2022 3:05am
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  • #665,059
  • Jun 23, 2022 3:05am Jun 23, 2022 3:05am
In such a trend, another April is due.... Not saying it will, but I like to plan the improbable, just in case.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #665,060
  • Jun 23, 2022 3:06am Jun 23, 2022 3:06am
AU - (200+ pips)
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"Exchange of hands"
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