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Cable Update (GBPUSD)

  • #666,761
  • Jul 1, 2022 6:58am Jul 1, 2022 6:58am
Quoting Tronis
{quote} Why why why can't you be on my side for once Moving my SL to BE. Chart posted earlier.
My short trade is still going. Considering of closing if there will be signs of reversing.
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  • #666,762
  • Jul 1, 2022 6:59am Jul 1, 2022 6:59am
Quoting navk
NY open could give some relief for GU longs. Another 7 mins to go.
Not going to be much relief though. Price has broken down to a new range. We're not going back up for a while.
Anyone long should be stopped out by now.

There was no reason for anyone to go long out of the fake support in London. (The crooks certainly made it look like it was going back up)
There was no real support there because the top edge stops were already gone.
  • #666,763
  • Jul 1, 2022 7:00am Jul 1, 2022 7:00am
...6th consec 1hr bearish close.
Trader with an Edge.
  • #666,764
  • Jul 1, 2022 7:00am Jul 1, 2022 7:00am
Quoting Tronis
{quote} My short trade is still going. Considering of closing if there will be signs of reversing. {image}
Risk Reward now favours buying... If June 14 to 16 is Anything to go by, then bears need to be very careful.. I will not be selling this July.

Just my view, I may be wrong.
Data + Stat + Risk/Emotions Management
  • #666,765
  • Jul 1, 2022 7:03am Jul 1, 2022 7:03am
3 pips risk
for fun
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  • #666,766
  • Jul 1, 2022 7:05am Jul 1, 2022 7:05am
Quoting Mitiblotch
Next target for GU is 2041.
Target met! Hehehe...
  • #666,767
  • Jul 1, 2022 7:06am Jul 1, 2022 7:06am
1.2091 was the last support and thats gone. if dollars starts selling off we can see a reversal. in any case till 1.25 its a sell on rallies now
  • #666,768
  • Jul 1, 2022 7:12am Jul 1, 2022 7:12am
Buy limit 1.2020
SL 1.1986
Face 'ur fears & tame 'ur greed
  • #666,769
  • Jul 1, 2022 7:15am Jul 1, 2022 7:15am
Quoting Whale
3 pips risk for fun {image}
-3
Will wait for another
  • #666,770
  • Jul 1, 2022 7:22am Jul 1, 2022 7:22am
Quoting Georginson
{quote} Risk Reward now favours buying... If June 14 to 16 is Anything to go by, then bears need to be very careful.. I will not be selling this July. Just my view, I may be wrong.

if you are not selling then you must be buying its a two way coin
Keep the Lights on then you can catch the rise from the dark.
  • #666,771
  • Jul 1, 2022 7:24am Jul 1, 2022 7:24am
... bears are on today! U.s data in a few mins.
Trader with an Edge.
  • #666,772
  • Jul 1, 2022 7:26am Jul 1, 2022 7:26am
From what I’ve seen there’s not much data today I think a 3pm one. Not sure if that will make a shaker here. Support levels below 12050 broken from a psychological area next step for me is 12000 and then possibly go long from there
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Insane in the Brain..
  • #666,773
  • Jul 1, 2022 7:27am Jul 1, 2022 7:27am
1989 next
  • #666,774
  • Jul 1, 2022 7:28am Jul 1, 2022 7:28am
Quoting BeeTogether
From what I’ve seen there’s not much data today I think a 3pm one. Not sure if that will make a shaker here. Support levels below 12050 broken from a psychological area next step for me is 12000 and then possibly go long from there {image}
...sorry yeh, it's 3pm Uk time not 1.30pm Do'h!
Trader with an Edge.
  • #666,775
  • Jul 1, 2022 7:28am Jul 1, 2022 7:28am
I think the pound is going to 0
  • #666,776
  • Jul 1, 2022 7:35am Jul 1, 2022 7:35am
Touch Weakly support GBPUSD, i hope some pip reversal
  • #666,777
  • Jul 1, 2022 7:37am Jul 1, 2022 7:37am
Quoting Georginson
{quote} Risk Reward now favours buying... If June 14 to 16 is Anything to go by, then bears need to be very careful.. I will not be selling this July. Just my view, I may be wrong.

i am with you bro.. my Q3 is now here first july is 1.25 any other drop below 1.19 will be getting real buyers for 1k pips
MY OPINION NOT FINANCIAL ADVISE
  • #666,778
  • Jul 1, 2022 7:39am Jul 1, 2022 7:39am
Quoting donfriday
{quote} i am with you bro.. my Q3 is now here first july is 1.25 any other drop below 1.19 will be getting real buyers for 1k pips
bloody hope so, the wife is gonna kill me
  • #666,779
  • Jul 1, 2022 7:39am Jul 1, 2022 7:39am
Quoting injamkhan
Touch Weakly support GBPUSD, i hope some pip reversal
It's a wide pot supp zone on wkly...ie the prev minor sw lo zone down to 1933, could go deeper into it yet or even blow downside thru it? Anything can happen. G/L with your hoped for direction.

wkly below
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Trader with an Edge.
  • #666,780
  • Jul 1, 2022 7:42am Jul 1, 2022 7:42am
Quoting nAVIN2007
{quote} bloody hope so, the wife is gonna kill me

u survived till date means u are stronger than u think
MY OPINION NOT FINANCIAL ADVISE
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