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Cable Update (GBPUSD)

  • #665,241
  • Jun 23, 2022 12:20pm Jun 23, 2022 12:20pm
At least I want to believe that 15min lower Bollinger band at 1.2219 has given GU strength for upward bounce.
Let's see how far it could go before asian session
  • #665,242
  • Jun 23, 2022 12:20pm Jun 23, 2022 12:20pm
Quoting Coreg2004
{quote} Whale, I don't know...I'm busy trading on mico TF.... {image}
Retrospectively, the smart thing to do.
But i really can’t follow it all day long, im trading via IPhone most of the day while im at work.
  • #665,243
  • Jun 23, 2022 12:34pm Jun 23, 2022 12:34pm
Quoting Coreg2004
{quote} Whale, sure this scenario is still in play but like said a week ago or so if this setup plays out it will be very bad for GBP. You know your stuff.
im not economist, i dont really know what are the consequences. Chart only.
  • #665,244
  • Jun 23, 2022 12:47pm Jun 23, 2022 12:47pm
COT report indicating that Smart institutions are exiting longs and selling GBP heavily and are almost exclusively long on dollar.. think that means down soon
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  • #665,245
  • Jun 23, 2022 12:48pm Jun 23, 2022 12:48pm
Quoting Whale
{quote} im not economist, i dont really know what are the consequences. Chart only.
Whale, I'm talking from a technical analysis standpoint that the low at 1.1473 can be taken out if your scenario will play out.
Always trade your own plan...I don't provide trading signals.
  • #665,246
  • Jun 23, 2022 12:53pm Jun 23, 2022 12:53pm
Quoting Traderview
Once 1.2217 gets broken then more downside. I think it'll likely be moving sideways for the rest of the week. {image}
Morning and Now
https://www.forexfactory.com/attachm...l?d=1655965246
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  • #665,247
  • Jun 23, 2022 1:05pm Jun 23, 2022 1:05pm
Quoting Moty
{quote} in the h1 chart it take a long time to spot a trend change i prefer to follow the 5m chart {image}
Moti- Don't be worried it has to touch 1.2283 tonight or tomorrow.

Trade Safe
  • #665,248
  • Jun 23, 2022 1:06pm Jun 23, 2022 1:06pm
Quoting bilal1947
{quote} Gold please - go straight to 1820 this time and no left and right since tomorrow is weekend... Hurry up !! frankly speaking its looking impossible though ... {image}
Thank you for obeying my little requests. please carry on ....
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"Exchange of hands"
  • #665,249
  • Jun 23, 2022 1:14pm Jun 23, 2022 1:14pm
Quoting bilal1947
AU - (200+ pips) {image}
AU (229 pips) - booked yesterday entry, addon a fresh short one today.
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"Exchange of hands"
  • #665,250
  • Jun 23, 2022 1:17pm Jun 23, 2022 1:17pm
GU - dont get trapped
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"Exchange of hands"
  • #665,251
  • Jun 23, 2022 1:25pm Jun 23, 2022 1:25pm
Quoting bilal1947
{quote} Thank you for obeying my little requests. please carry on .... {image}
Gold - you are almost there 1822 - Excellent job - thank you for showing the respect
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"Exchange of hands"
  • #665,252
  • Jun 23, 2022 1:31pm Jun 23, 2022 1:31pm
Quoting Pat Chiko
{quote} Hi Bilal. I would like to ask newbie question here. Thanks in advance for your view. PAT Would be possible to fill up the OB at the bottom before price going up ?. {image}
Gold - price is coming to your anticipated OB !
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"Exchange of hands"
  • #665,253
  • Jun 23, 2022 1:37pm Jun 23, 2022 1:37pm
Gbpcad short at 1.5906
  • #665,254
  • Jun 23, 2022 1:38pm Jun 23, 2022 1:38pm
Quoting Jollson
{quote} Moti- Don't be worried it has to touch 1.2283 tonight or tomorrow. Trade Safe
Missed the buy n now getting a Good price.

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Trade Safe
  • #665,255
  • Jun 23, 2022 1:40pm Jun 23, 2022 1:40pm
Go go go
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yes yes yes
  • #665,256
  • Edited 2:14pm Jun 23, 2022 1:48pm | Edited 2:14pm
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Quoting Jollson
{quote} Missed the buy n now getting a Good price. {image} Trade Safe
Got my share n Gotta Go Home......But it will Hit TP @1.2283

See My Live Trades and share your too @
https://www.forexfactory.com/thread/...3#post14042663



Trade Safe
  • #665,257
  • Jun 23, 2022 1:48pm Jun 23, 2022 1:48pm
The problem is that gbp is getting stronger but usd is remaining strong. Makes no sense to trade gbpusd right now. Gbpcad is starting to look good with a potential db price pattern and now we have some coiling ...watch where it closes today in relation to the high and low ....could be a nice trade.
  • #665,258
  • Jun 23, 2022 1:51pm Jun 23, 2022 1:51pm
Once again Passed in a single day.

I was waiting ....waiting for last 4 hrs.

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Intraday only.
  • #665,259
  • Jun 23, 2022 1:54pm Jun 23, 2022 1:54pm
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worked out well
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  • #665,260
  • Jun 23, 2022 2:01pm Jun 23, 2022 2:01pm
Quoting Wavegarrick
{quote} Hi Guys, As time goes, it becomes more clear that GU is trading in a symmetrical triangle. I am concerned about Gu's inability to break to the upside and time is running out for bulls, but it still makes more sense for a break to the upside, out of the triangle. We just never know in this darn business. {image}The symmetrical triangle looks quite clear on Usdx and I believe A breakout either way will be decisive for direction. {image}Trade safe, Cheers.
And so I am trading in this little box. May the winner take all. Is it survival with buy and sell trades?. We never know.
Cheers.
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Trade to trade another day
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