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Cable Update (GBPUSD)

  • #667,001
  • Jul 4, 2022 5:48am Jul 4, 2022 5:48am
Yea yes yes
Break even time
This is a 90 pips come back
Friday's low was 1.03700
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yes yes yes
  • #667,002
  • Jul 4, 2022 5:48am Jul 4, 2022 5:48am
If we were going back below 121 it more than likely would have in the session. Thinking tomorrow maybe a drop before any upward. Unless we break below 120 my trades are looking for longs from tomorrow
Insane in the Brain..
  • #667,003
  • Jul 4, 2022 5:57am Jul 4, 2022 5:57am
Here to inform you all that GBP/USD is the pair I will no longer trade. Why? Well, Pound went up 30 pips against USD and 80 pips up against JPY, that simple. I do also believe what NNF VP says about that there is less manipulation in non-US pairs. Actually, the only pair I will leave with USD in it is against JPY, because I do want to have at least one pair with USD since Non-Farm etc.. way more news for USD and hence, less periods of price ranging. I think this is all I wanted to say. What do you guys think about this, am I going to miss out on anything by removing all USD pairs except USD/JPY? Thanks
  • #667,004
  • Jul 4, 2022 5:57am Jul 4, 2022 5:57am
...new current dly hi....there is a 3 fib cluster 2154-57. 2hr bearish hidden div could still develop whilst price stays below 2188.

1hr below
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Trader with an Edge.
  • #667,005
  • Jul 4, 2022 5:59am Jul 4, 2022 5:59am
Quoting Jollson
{quote} Buddy, No offence but traders who enter a trade without technicals enter n just pray there TP is hit. I trade with No SL and take the reversal if it happens on the 1 mn. . Trading is not rocket science but if a trader just does his basics right e will never Fall Trade Safe
Just Prayed n Prayed n Prayed n LOL My TP got HITTEDDDDDDDDDDDDDDDDD

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143 Pips for today, not bad to start the month...


Trade Safe
  • #667,006
  • Jul 4, 2022 6:10am Jul 4, 2022 6:10am
Quoting TheWolf
Here to inform you all that GBP/USD is the pair I will no longer trade. Why? Well, Pound went up 30 pips against USD and 80 pips up against JPY, that simple. I do also believe what NNF VP says about that there is less manipulation in non-US pairs. Actually, the only pair I will leave with USD in it is against JPY, because I do want to have at least one pair with USD since Non-Farm etc.. way more news for USD and hence, less periods of price ranging. I think this is all I wanted to say. What do you guys think about this, am I going to miss out on...
It comes down to personal choice in the end. I trade gbpusd mainly because I like the ADR -vs- low spread erosion. I also have gotten to know some of it's characteristics and idiosyncrasies over the years (all trading instruments have them to one degree or another.) I trade multiple set-ups on 1 instrument (gbpusd) and use up to 4 (mainly 2) t/f's as triggers for entry, -as opposed to- say trading fewer set-ups / t/f's across multiple instruments. If trading multiple instruments I think you are right to have at least one $ pairing in there.
Trader with an Edge.
  • #667,007
  • Jul 4, 2022 6:14am Jul 4, 2022 6:14am
Hi, Eurusd buy @ 1.04595 tp 10 pips

Trade Safe
  • #667,008
  • Jul 4, 2022 6:14am Jul 4, 2022 6:14am
Quoting JereMi256
1.2060 is weak, 1.2030 could be next, my next bullish punchline for a reasonable retracement next week. 1.2200 should be retested atleast before we get a new low. Fingers crossed...
No trades on the pound yet. Waiting to watch PA reaction at 1.2200
Face 'ur fears & tame 'ur greed
  • #667,009
  • Jul 4, 2022 6:15am Jul 4, 2022 6:15am
Quoting Moty
Looks like it want to go up {image}

Anyone follow you will make money, only to control their MM.

Great call Moty. I'm watching you and your great call.

Thanks for sharing trade signal.

One of the best & sincere person I met in this thread.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #667,010
  • Jul 4, 2022 6:18am Jul 4, 2022 6:18am
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yes yes yes
  • #667,011
  • Jul 4, 2022 6:20am Jul 4, 2022 6:20am
Quoting ForexGoose
{image}
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #667,012
  • Jul 4, 2022 6:21am Jul 4, 2022 6:21am
They said today is Monday and it will be slow. Lol... Bulls are having a great time. My 2114 and 2130 shorts are stuck for now. I am still aiming for 2060 or below. Not today, though, as Monday is one-way traffic.
  • #667,013
  • Jul 4, 2022 6:27am Jul 4, 2022 6:27am
Quoting ScalaFX
GU sell 2120 TP 1970 pendings 2130 2140 2150 shorts
Active, more till 2180 and stop
People don't plan to lose. They lose because they don't plan.
  • #667,014
  • Jul 4, 2022 6:30am Jul 4, 2022 6:30am
Quoting Headland
{quote} It comes down to personal choice in the end. I trade gbpusd mainly because I like the ADR -vs- low spread erosion. I also have gotten to know some of it's characteristics and idiosyncrasies over the years (all trading instruments have them to one degree or another.) I trade multiple set-ups on 1 instrument (gbpusd) and use up to 4 (mainly 2) t/f's as triggers for entry, -as opposed to- say trading fewer set-ups / t/f's across multiple instruments. If trading multiple instruments I think you are right to have at least one $ pairing in there....
Honestly this is my "setup" from now on. EUR/JPY, GBP/JPY, USD/JPY, EUR/CHF (at least for now because of parity). AUD, NZD, CAD I do not trade. CAD doesn't move as much as Pound and others are active in a time when I sleep so.. As for CHF this one I just like for some reason. CHF is this strange currency I have to have at least against one other currency. 2015? Sudden rate hike in 2022? That's why. TF 1, 4 D W and M. Lower TF just ain't for me. I am not able to handle so much price movement and change of price directions on lower TF, especially if I am glued to the screen and looking at 5M or 15M candles. I know it doesn't make sense logically, but that's how it works for me. Of course this may all change in the future, but as of now, the most profitable trades I do have are pairs with JPY. The main TF I focus on is 1H TF and 4H TF and slightly on Daily. Weekly and Monthly I just look to see what was the highest or lowest ever price within certain pairs of some Major S or R and if they are still valid or not.
  • #667,015
  • Jul 4, 2022 6:32am Jul 4, 2022 6:32am
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.
Exited at 1.2156... how about adding time to target set? Good stuff. Now I stand aside to load some buy at lower levels...
Data + Stat + Risk/Emotions Management
  • #667,016
  • Jul 4, 2022 6:41am Jul 4, 2022 6:41am
Quoting Georginson
{quote} Exited at 1.2156... how about adding time to target set? Good stuff. Now I stand aside to load some buy at lower levels...
On the 4h 12070 to 121 seems a doable area
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Insane in the Brain..
  • #667,017
  • Jul 4, 2022 6:48am Jul 4, 2022 6:48am
To me, only London holiday matters. US holiday doesn't matter, as price will still move.
  • #667,018
  • Jul 4, 2022 7:00am Jul 4, 2022 7:00am
I'm Short on UJ... I'm hoping price would get down to 134.977 area
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My telegram: https://t.me/avidforex
  • #667,019
  • Jul 4, 2022 7:05am Jul 4, 2022 7:05am
Added one final short at 12154 SL 122
Insane in the Brain..
  • #667,020
  • Jul 4, 2022 7:09am Jul 4, 2022 7:09am
Quoting BeeTogether
{quote} On the 4h 12070 to 121 seems a doable area {image}
Have a sell targeting 1.207 for renewed buys
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