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Cable Update (GBPUSD)

  • #666,961
  • Jul 4, 2022 2:19am Jul 4, 2022 2:19am
Quoting Ihlas
Don't buy just press buy button
People don't plan to lose. They lose because they don't plan.
  • #666,962
  • Jul 4, 2022 2:28am Jul 4, 2022 2:28am
GU sell 2120 TP 1970 pendings 2130 2140 2150 shorts
People don't plan to lose. They lose because they don't plan.
  • #666,963
  • Jul 4, 2022 2:31am Jul 4, 2022 2:31am
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morning
  • #666,964
  • Jul 4, 2022 2:31am Jul 4, 2022 2:31am
Taking a non risk short SL 12150 tp 12050
Insane in the Brain..
  • #666,965
  • Jul 4, 2022 2:32am Jul 4, 2022 2:32am
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  • #666,966
  • Jul 4, 2022 2:39am Jul 4, 2022 2:39am
Eurusd short at 1.04350
  • #666,967
  • Jul 4, 2022 2:57am Jul 4, 2022 2:57am
G/M on this U.s Bank Hol day. A LH, HL, H,L, then what will be a HH now on 1hr @ current dly hi or higher. There won't now be any 1hr bearish hidden div the way the osc's have developed, but some 2hr bearish hidden div may develop on any deeper move up, valid whilst below 2188. (8hr still in a downtrend re that t/f combo.)

1hr below
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Trader with an Edge.
  • #666,968
  • Jul 4, 2022 3:04am Jul 4, 2022 3:04am
Gold and Gbpusd retracing, trend remains up for both
  • #666,969
  • Jul 4, 2022 3:06am Jul 4, 2022 3:06am
GBPUSD is still falling down.
And on the daily timeframe I'd say it will fall to 1.19700. It's possible that tomorrow's news will influence the market and the situation will improve for the pound. Hope so.
  • #666,970
  • Jul 4, 2022 3:09am Jul 4, 2022 3:09am
Quoting Houtbay
Gold and Gbpusd retracing, trend remains up for both
Re gbpusd, there may be an uptrend developing on 1hr and certainly 5/15/30 are in uptrends of sorts, but 4hr+ are in downtrends still, so it is misleading just to say it's in an uptrend without specifying the t/f (s.)
-----------------------------------------------------------
It's that 'general' area again:

4hr below
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Trader with an Edge.
  • #666,971
  • Jul 4, 2022 3:09am Jul 4, 2022 3:09am
Quoting AndAnd
GBPUSD is still falling down. And on the daily timeframe I'd say it will fall to 1.19700. It's possible that tomorrow's news will influence the market and the situation will improve for the pound. Hope so.
I want see a 1880-70 like somewhere at down TL in D1 wedge, and strong bounce from there, that's will be a sign for me to take longterms longs Hope I see that this week till then Im selling
People don't plan to lose. They lose because they don't plan.
  • #666,972
  • Jul 4, 2022 3:14am Jul 4, 2022 3:14am
Quoting Mitiblotch
Hopefully a simple trade today. Watching the line. Wait for London spike and then watch 30mins or hourly closes. If below I sell, if above I stay out. {image}
I got my clues already. Short 2114. TP 2060.
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  • #666,973
  • Jul 4, 2022 3:19am Jul 4, 2022 3:19am
The Friday close is bearish.
I expect the price to fall in this London open.

There may be buyers in NY session.
Stop 2127.
Intraday only.
  • #666,974
  • Jul 4, 2022 3:24am Jul 4, 2022 3:24am
CHFJPY short now
My telegram: https://t.me/avidforex
  • #666,975
  • Jul 4, 2022 3:26am Jul 4, 2022 3:26am
Quoting navk
The Friday close is bearish. I expect the price to fall in this London open. There may be buyers in NY session. Stop 2127.
Hi. Yeh Friday's dly candle body is bearish but the lower wick is > [greater than] 65% of the whole candle, so it's a classic hammer isn't it? What will happen though none of us know, despite what we may think or expect. I Just follow the price free from pre-formed ideas. If the market doesn't know, nor do I.
Trader with an Edge.
  • #666,976
  • Jul 4, 2022 3:26am Jul 4, 2022 3:26am
Quoting ScalaFX
{quote} I want see a 1880-70 like somewhere at down TL in D1 wedge, and strong bounce from there, that's will be a sign for me to take longterms longs Hope I see that this week till then Im selling
Let's see. It would be very nice.
Perhaps the Peyrolles will affect this further. Let's wait for Friday.
  • #666,977
  • Jul 4, 2022 3:32am Jul 4, 2022 3:32am
Quoting Headland
{quote} Hi. Yeh Friday's dly candle body is bearish but the lower wick is > [greater than] 65% of the whole candle, so it's a classic hammer isn't it? What will happen though none of us know, despite what we may think or expect. I Just follow the price free from pre-formed ideas. If the market doesn't know, nor do I.
To my knowledge, the price may fall 50 to 70 % of wick.
Intraday only.
  • #666,978
  • Jul 4, 2022 3:34am Jul 4, 2022 3:34am
Quoting navk
The Friday close is bearish. I expect the price to fall in this London open. There may be buyers in NY session. Stop 2127.
NY session will be slow as US not in today due to bank holiday
Insane in the Brain..
  • #666,979
  • Jul 4, 2022 3:35am Jul 4, 2022 3:35am
Quoting navk
{quote} To my knowledge, the price may fall 50 to 70 % of wick.
Thanks...didn't know that about a hammer candle. I am useless at candles lol! Studied them years ago but have forgotten a lot of the detail stuff.
-----------------------------

5min bullish hidden div is present and may stay valid whilst above 2093. 30min is in an uptrend. Bearish hidden div is present on one of the 2 osc's I use at the current dly hi on 2hr but not on both yet. May develop whilst below 2188.
Trader with an Edge.
  • #666,980
  • Jul 4, 2022 3:54am Jul 4, 2022 3:54am
Quoting Headland
{quote} Thanks...didn't know that about a hammer candle. I am useless at candles lol! Studied them years ago but have forgotten a lot of the detail stuff. ----------------------------- 5min bullish hidden div is present and may stay valid whilst above 2093. 30min is in an uptrend. Bearish hidden div is present on one of the 2 osc's I use at the current dly hi on 2hr but not on both yet. May develop whilst below 2188.
Can see it here: Price has reacted @ the set-up.

5min below

... LH, HL, and what will be a H @ current dly hi or higher now on 4hr

4hr below
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