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Cable Update (GBPUSD)

  • #665,301
  • Jun 23, 2022 8:59pm Jun 23, 2022 8:59pm
Quoting BigNumbers
{quote} Price may not come down again…
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #665,302
  • Jun 23, 2022 9:05pm Jun 23, 2022 9:05pm
i really like the gbpcad long
  • #665,303
  • Jun 23, 2022 9:05pm Jun 23, 2022 9:05pm
BUY BUY BUY 26000 is calling and the move is going to be very aggressive….
My telegram: https://t.me/avidforex
  • #665,304
  • Jun 23, 2022 9:07pm Jun 23, 2022 9:07pm
Quoting BigNumbers
{quote} Price may not come down again…
Thanks for the tip , i am watching to take actions if it wont.
"Exchange of hands"
  • #665,305
  • Jun 23, 2022 9:10pm Jun 23, 2022 9:10pm
Quoting BigNumbers
{quote} Price may not come down again…
For this kind of statement, you should give a SL.

Anyway I think even a traders that dont use sl should provide one because people may follow them here.
  • #665,306
  • Edited 9:27pm Jun 23, 2022 9:16pm | Edited 9:27pm
Quoting Whale
{quote} For this kind of statement, you should give a SL. Anyway I think even a traders that dont use sl should provide one because people may follow them here.
Following anyone partially and without the adapted mm for the given strategy is a recipe for certain failure, eventually. But I agree, a SL at least is nice, especially for the reason that it gives more depth to the shares, I find : more info the better = not like mine
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #665,307
  • Jun 23, 2022 9:22pm Jun 23, 2022 9:22pm
Quoting BigNumbers
BUY BUY BUY 26000 is calling and the move is going to be very aggressive….
All the while it hasnt even moved 10 pips in over an hour
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #665,308
  • Jun 23, 2022 9:35pm Jun 23, 2022 9:35pm
Quoting mtako
{quote} All the while it hasnt even moved 10 pips in over an hour
It is okay to be wrong ! not okay to lost alot of the equity not using SL, either ways making fun is not right.
"Exchange of hands"
  • #665,309
  • Jun 23, 2022 9:41pm Jun 23, 2022 9:41pm
GU - Mother trade is sitting at BE, child one with 7pip SL , if it hits i am okay
Attached Image (click to enlarge)
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"Exchange of hands"
  • #665,310
  • Jun 23, 2022 9:45pm Jun 23, 2022 9:45pm
Quoting bilal1947
GU - Mother trade is sitting at BE, child one with 7pip SL , if it hits i am okay {image}
You are a very smart trader. Thank you for all your analysis. I’m always paying attention.
keep it on Bilal.
My telegram: https://t.me/avidforex
  • #665,311
  • Edited 10:03pm Jun 23, 2022 9:52pm | Edited 10:03pm
Quoting BigNumbers
BUY BUY BUY 26000 is calling and the move is going to be very aggressive….
Quoting mtako
{quote} All the while it hasnt even moved 10 pips in over an hour
Quoting bilal1947
{quote} It is okay to be wrong ! not okay to lost alot of the equity not using SL, either ways making fun is not right.
?I don't understand, strange message that you write to me ... Why you mention to me equity and not using SL in that way? Where did I make fun of anyone?,I never make fun of anyone except myself. where did I say it is not being ok to be wrong? Read my quote in response to the right quote and you will see that you are mistaken. Trust me mate, you have misunderstood me completely with all these negative assumptions of yours. I am the very opposite, 100% positive. Cheers mate!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #665,312
  • Jun 23, 2022 10:03pm Jun 23, 2022 10:03pm
Attached Image (click to enlarge)
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  • #665,313
  • Jun 23, 2022 10:03pm Jun 23, 2022 10:03pm
My trade for the day
risk 46 reward 145.
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  • #665,314
  • Jun 23, 2022 10:10pm Jun 23, 2022 10:10pm
Any idea what will happen to the Retail sales. I think it will worsen. GBP will fall.
More time in the market, does not mean you trade better!
  • #665,315
  • Jun 23, 2022 10:18pm Jun 23, 2022 10:18pm
Quoting TooSlow
{quote} Weekly has made 3 lower highs and 3 lower lows. This week may end as an inside bar. Monthly has made 4 lower highs and 4 lower lows. Looks like June will make it 5 and 5.
Good observation mate... The aggressive hikes from FED is extremely dollar supportive. BOE started their rate hike since 2021 December when GBPUSD traded at 1.31 yet the pair topped in January at 1.3748.

Now FED is still on course for more Hikes at a faster pace than BOE, which means that GBP will be more vulnerable to further drop from fundamentals perspective...

Integrating The big 3 (Technicals, Fundamentals and Sentiments) I can cautiously say that GBP will find its way against all odds and end the year at 1.38 area after these hikes get factored in completely.
Data + Stat + Risk/Emotions Management
  • #665,316
  • Jun 23, 2022 10:25pm Jun 23, 2022 10:25pm
Price may come back to test 1.22655 before the zoom zoom zoom zoom
My telegram: https://t.me/avidforex
  • #665,317
  • Jun 23, 2022 10:49pm Jun 23, 2022 10:49pm
Attached Image (click to enlarge)
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yes yes yes
  • #665,318
  • Jun 23, 2022 10:54pm Jun 23, 2022 10:54pm
Morning all, not much movement overnight it seems with a tight range. not sure if that’s the cue for the rest of the day. There is some data coming along that could spike either way. We need a break out either way as this becoming quite hard to trade
Insane in the Brain..
  • #665,319
  • Jun 23, 2022 11:01pm Jun 23, 2022 11:01pm
Quoting Whale
{quote} For this kind of statement, you should give a SL. Anyway I think even a traders that dont use sl should provide one because people may follow them here.
I’m away from my PC. That’s why I have not posted any chart.
My telegram: https://t.me/avidforex
  • #665,320
  • Jun 23, 2022 11:05pm Jun 23, 2022 11:05pm
time is ripe up now
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The only prayer you need is Thankyou
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