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Cable Update (GBPUSD)

  • #666,741
  • Jul 1, 2022 6:00am Jul 1, 2022 6:00am
Quoting Whale
{quote} Ok, i dont use it.. if it works for you its good. I have different technics tell me something what is the spreads fxcm il privide you, i want to trade with them, but they want 100k initial deposit for what i have now with colmex and i dont like my spreads, and hate colmex!
I'm a small trader... EUR 1 to 2 pips GBP the same, and gpy the same all the rest its more than 2 or 3 pips most of the time
  • #666,742
  • Jul 1, 2022 6:04am Jul 1, 2022 6:04am
Quoting erez h
{quote} I'm a small trader... EUR 1 to 2 pips GBP the same, and gpy the same all the rest its more than 2 or 3 pips most of the time
Very Expensive..
ok, good luck ahi
  • #666,743
  • Jul 1, 2022 6:11am Jul 1, 2022 6:11am
Quoting franz
{quote} {image}Another StopLoss hit for poor Navk : {image}
Why don’t you post your own analysis instead of pointing out Navk’s analysis afterwards. Everybody can do that. When you will get some experience you will understand that nobody knows where the market will move next and that’s why we use stops and even if we get lots of loses we can make money anyway. Demo money of course!
  • #666,744
  • Jul 1, 2022 6:12am Jul 1, 2022 6:12am
NFP is released today at 830 est correct?
  • #666,745
  • Jul 1, 2022 6:20am Jul 1, 2022 6:20am
Riding the wave
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  • #666,746
  • Jul 1, 2022 6:26am Jul 1, 2022 6:26am
Bought at 1.2050, target 1.2180, target is expected to be met between Monday Tuesday next week.

I will start adding long term buys from 1.2000 to 1.1900 for a target of 1.3800 year end.

In summary
July Target 1.2500
November/December Target 1.3800.
Data + Stat + Risk/Emotions Management
  • #666,747
  • Jul 1, 2022 6:28am Jul 1, 2022 6:28am
12050 looking weak. Let’s see how further it drops
Insane in the Brain..
  • #666,748
  • Edited 6:51am Jul 1, 2022 6:29am | Edited 6:51am
Quoting Tronis
{quote} Why don’t you post your own analysis instead of pointing out Navk’s analysis afterwards. Everybody can do that. When you will get some experience you will understand that nobody knows where the market will move next and that’s why we use stops and even if we get lots of loses we can make money anyway. Demo money of course!
He is frustrated guy.

He knows nothing except posting bull sh***t.

He is imagining that he disturbs my rhythm.

The fact is he is spoiling himself as well as the entire trading community in GU thread.

It is high time he gets kicked out.
Intraday only.
  • #666,749
  • Jul 1, 2022 6:32am Jul 1, 2022 6:32am
Hi, Fail to understand why people try to catch a falling KNIFE..... if it's in a Sell zone Sell the Hell out of a pair n if Buy then Buy. Make your Life EASY n make money.

Edit: I am not a Guru or Expert but a small n simple trader like most of you

Trade Safe
  • #666,750
  • Jul 1, 2022 6:32am Jul 1, 2022 6:32am
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10 pips to go no signs of stopping yet . It gets far away from 5 min emas might be worth taking money and flip long for a scalp possibly a longer trade
  • #666,751
  • Jul 1, 2022 6:34am Jul 1, 2022 6:34am
Quoting eyefeelsix
{quote} a sudden rise will usually followed by a sharp decline, both have to be careful.
and yes it is
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https://breakpullback.com
  • #666,752
  • Jul 1, 2022 6:36am Jul 1, 2022 6:36am
Quoting Georginson
Bought at 1.2050, target 1.2180, target is expected to be met between Monday Tuesday next week. I will start adding long term buys from 1.2000 to 1.1900 for a target of 1.3800 year end. In summary July Target 1.2500 November/December Target 1.3800.
George,

Would you have on hand the average six month range for the pound? I thought it was about 1200 pips?
  • #666,753
  • Jul 1, 2022 6:39am Jul 1, 2022 6:39am
...106% 30day adr, 111% 13wk awr travelled so far today/this week now.
Trader with an Edge.
  • #666,754
  • Jul 1, 2022 6:41am Jul 1, 2022 6:41am
Quoting Jollson
Hi, Fail to understand why people try to catch a falling KNIFE..... if it's in a Sell zone Sell the Hell out of a pair n if Buy then Buy. Make your Life EASY n make money. Edit: I am not a Guru or Expert but a small n simple trader like most of you Trade Safe
One of two reasons.

1.We are late to enter and follow the big boys as price is breaking strong support zones.
2. Preparing possible swing positions to catch a new trend.
Face 'ur fears & tame 'ur greed
  • #666,755
  • Jul 1, 2022 6:44am Jul 1, 2022 6:44am
...dly S3/wkly S3 2020/17 respectively.

Near bottom of this prev 1hr/4hr } x 2 sw lo zone to 2027 @ current dly lo...if broken to downside will become a wide pot sbr zone.
Trader with an Edge.
  • #666,756
  • Jul 1, 2022 6:47am Jul 1, 2022 6:47am
Price is very close to meet 1h support which provide the BOS that gave us amazing 4th wave to 1.24
Circa 1.2029

imo correction will be soon, according my 30m count wavesz
no chart sorry
  • #666,757
  • Jul 1, 2022 6:52am Jul 1, 2022 6:52am
...will upcoming U.s ISM Manuf Pmi save the day for bulls nursing unrealised/floating losses,? -or- will it add to their woes?
Trader with an Edge.
  • #666,758
  • Jul 1, 2022 6:53am Jul 1, 2022 6:53am
NY open could give some relief for GU longs.

Another 7 mins to go.
Intraday only.
  • #666,759
  • Jul 1, 2022 6:53am Jul 1, 2022 6:53am
Quoting JereMi256
{quote} One of two reasons. 1.We are late to enter and follow the big boys as price is breaking strong support zones. 2. Preparing possible swing positions to catch a new trend.
Friend, you maybe right but in my opinion if one just follows the trend its far Easy money. My live trades for your reference....
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n Today so far
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https://www.forexfactory.com/thread/...7#post14051497

Trade Safe
  • #666,760
  • Jul 1, 2022 6:55am Jul 1, 2022 6:55am
Quoting gjgriff
{quote} George, Would you have on hand the average six month range for the pound? I thought it was about 1200 pips?
This ranges are not fixed subject as they are subject to each year Volatility mode. This year is operating at maximum level, so expect last 6 months of this year range to contain at least 1800pips.
Data + Stat + Risk/Emotions Management
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