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Cable Update (GBPUSD)

  • #666,021
  • Jun 28, 2022 9:21am Jun 28, 2022 9:21am
Quoting Blazed
Reaching demand level, if it breaks the Daily then lets continue down the falls. {image}
how did you get the demand zone? Really useful tool
Insane in the Brain..
  • #666,022
  • Jun 28, 2022 9:25am Jun 28, 2022 9:25am
Quoting Blazed
Reaching demand level, if it breaks the Daily then lets continue down the falls. {image}
Hi,
i dont think its a demand zone, yes it is old support, that really seems to be tired.
a lot of inexperienced S&R traders start buying,
Ask @pat_chicko, he is an expert, not support.
next support 4h is 1.217 area.
  • #666,023
  • Jun 28, 2022 9:29am Jun 28, 2022 9:29am
Quoting lengendff
Not to anyone in particular. If you want to make your post more meaningful, please type out the full price, eg. 1.22123 or 1.25456. Don't just type 123 or 456, who the F knows what you are typing!
  • #666,024
  • Jun 28, 2022 9:30am Jun 28, 2022 9:30am
Quoting Whale
{quote} Hi, i dont think its a demand zone, yes it is old support, that really seems to be tired. a lot of inexperienced S&R traders start buying, Ask @pat_chicko, he is an expert, not support. next support 4h is 1.217 area.
mom liking the way this played out. Nice and slow drop. If we can have a similar drop to the 217 area it could break nicely to revist 121
Insane in the Brain..
  • #666,025
  • Jun 28, 2022 9:31am Jun 28, 2022 9:31am
Quoting Whale
{quote} Dropping? price not moving.
So maybe I was naughty and being a little sarcastic. Apologies . Kidding, I was talking about the overall drop from 2280 of course...

Quoting lengendff
Not to anyone in particular. If you want to make your post more meaningful, please type out the full price, eg. 1.22123 or 1.25456. Don't just type 123 or 456, who the F knows what you are typing!
Good to try to make the thread better, thanks. For me, if it is evident, I dont care, post as you wish. This is a free sharing forum and I am grateful to all posters no matter what, even to the bad ones like myself. I believe we should just accept the other as they come, no matter what. But I respect other views. Friendly advice like yours is always welcome also of course, thank you.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #666,026
  • Jun 28, 2022 9:34am Jun 28, 2022 9:34am
Quoting BeeTogether
{quote} mom liking the way this played out. Nice and slow drop. If we can have a similar drop to the 217 area it could break nicely to revist 121
Im not a prophet but this is where the wind blow.
1.217 is the mid point of the equilibrium

next after 1.213 area, FE 0.382 of 0-3 wave when i will put an eye of possible bull setup.
  • #666,027
  • Jun 28, 2022 9:35am Jun 28, 2022 9:35am
Golds next target down in my opinion is 1816
  • #666,028
  • Jun 28, 2022 9:36am Jun 28, 2022 9:36am
Quoting ScalaFX
{quote} Nice view men! Im really dont see price can go as high now but we can see reversal soon, cheers! I Hope you doing well!
Thanks amigo, hope you doign well too.
  • #666,029
  • Jun 28, 2022 9:37am Jun 28, 2022 9:37am
Quoting Houtbay
Golds next target down in my opinion is 1816
For a change, i agree with you
1815.5 is a possible buy, awesome one with very little risk, not more than dollar
  • #666,030
  • Jun 28, 2022 9:37am Jun 28, 2022 9:37am
Quoting bilal1947
GU - short at 1.2332 2 runners on 55 & 50 pips at BE, 1 close in (37pips) {image}
Finally dollar performs:
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 26 KB
"Exchange of hands"
  • #666,031
  • Jun 28, 2022 9:43am Jun 28, 2022 9:43am
Quoting lengendff
Not to anyone in particular. If you want to make your post more meaningful, please type out the full price, eg. 1.22123 or 1.25456. Don't just type 123 or 456, who the F knows what you are typing!
lengendff, if you struggle to understand anything posted in this thread just ask. We have here plenty of knowledgeable traders about technical analysis who are willing to explain their thought processes. Just a suggestion. Thank you for your double-bottom explanation. Your contribution has been noticed.
Always trade your own plan...I don't provide trading signals.
  • #666,032
  • Jun 28, 2022 9:43am Jun 28, 2022 9:43am
Any news coming out today?
  • #666,033
  • Jun 28, 2022 9:44am Jun 28, 2022 9:44am
Wow, havent gotten this much intensity in 10 min in a while. Something serious must be brewing
Attached Image (click to enlarge)
Click to Enlarge Name: th-1609314150.jpg Size: 43 KB
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #666,034
  • Jun 28, 2022 9:45am Jun 28, 2022 9:45am
Gbpjpy still holding my long. Tp 167.400
  • #666,035
  • Jun 28, 2022 9:45am Jun 28, 2022 9:45am
Bought at 1.2198, seeing this as the bottom of a channel from the low of last week. IMHO. (Thick yellow line). Target 100 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 52 KB
  • #666,036
  • Jun 28, 2022 9:47am Jun 28, 2022 9:47am
and in EU too:
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 222 KB
"Exchange of hands"
  • #666,037
  • Jun 28, 2022 9:49am Jun 28, 2022 9:49am
Quoting Coreg2004
{quote} lengendff, if you struggle to understand anything posted in this thread just ask. We have here plenty of knowledgeable traders about technical analysis who are willing to explain their thought processes. Just a suggestion. Thank you for your double-bottom explanation. Your contribution has been noticed.
Why must struggle to know the value?

If I typed 123, do you know what is this price?

Will you "struggle in your own sense" think it is 1.2123 or 1.22123?
  • #666,038
  • Jun 28, 2022 9:53am Jun 28, 2022 9:53am
Quoting lengendff
{quote} Why must struggle to know the value? If I typed 123, do you know what is this price? Will you "struggle in your own sense" think it is 1.2123 or 1.22123?
Men, when you are trading this pair you know where the price is, you are a bad day? Or what?
People don't plan to lose. They lose because they don't plan.
  • #666,039
  • Jun 28, 2022 9:53am Jun 28, 2022 9:53am
Quoting lengendff
{quote} Why must struggle to know the value? If I typed 123, do you know what is this price? Will you "struggle in your own sense" think it is 1.2123 or 1.22123?
123 is 1.23
just without the point dude
  • #666,040
  • Jun 28, 2022 9:58am Jun 28, 2022 9:58am
Quoting ScalaFX
{quote} Taking half for alkohol rest like normal one protected, all positions from 2330 to 2285 now protected and waiting for minimum 2180
Ok, closing all now at 2190, this is my end of week for traiding patience payed well, I will be looking for buy oportunity next week, I think price drop some more then I can buy at better price, cheers all!
People don't plan to lose. They lose because they don't plan.
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