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Cable Update (GBPUSD)

  • #667,121
  • Jul 5, 2022 2:48am Jul 5, 2022 2:48am
Quoting Mitiblotch
{quote} This thing looks like it should fall but I want to be cautious. I expected that useless 2084 support formed by Asia to be taken out and London finally did it. But price is still above it. These people are tricky. I want to wait. I don't trust them. Lol... that doji on EU and GU on the daily for yesterday's bar is kinda scary. But I expect 188x to be met. But these movers can decide to go hit 1.23 first before dumping. I don't know.
I earlier said, no buys for me until new low or break the wegde, trend is strong bearish and we have no sign, zero, the trend will be changing
People don't plan to lose. They lose because they don't plan.
  • #667,122
  • Jul 5, 2022 2:52am Jul 5, 2022 2:52am
Quoting TheWolf
As Kuroda is, I am also watching over JPY with a high sense of urgency and might start buying it very soon. LoL. It just so happens USD/JPY reached the price of 136.99. Looking at price movements with the highest ever possible sense of urgency .
Yeah.. helps when you have an inside information.
  • #667,123
  • Jul 5, 2022 2:55am Jul 5, 2022 2:55am
Quoting ScalaFX
{quote} I earlier said, no buys for me until new low or break the wegde, trend is strong bearish and we have no sign, zero, the trend will be changing
Sure. No signs of a change of trend. Even a spike doesn't mean the trend is changing. Should have shorted as I earlier wanted. But it's still okay I am not in any trade. GBP data to be released in 30 mins or so. See if I get a spike to short, maybe.

I am still expecting 188x to happen. It may be fast. Touch and go. Lol
  • #667,124
  • Jul 5, 2022 2:59am Jul 5, 2022 2:59am
Quoting Mitiblotch
{quote} Sure. No signs of a change of trend. Even a spike doesn't mean the trend is changing. Should have shorted as I earlier wanted. But it's still okay I am not in any trade. GBP data to be released in 30 mins or so. See if I get a spike to short, maybe. I am still expecting 188x to happen. It may be fast. Touch and go. Lol
Yes! Every spike is promotion to sell in my opinion, minimum of 1.1880-30 is expected
People don't plan to lose. They lose because they don't plan.
  • #667,125
  • Jul 5, 2022 3:01am Jul 5, 2022 3:01am
Quoting ScalaFX
{quote} Yes! Every spike is promotion to sell in my opinion, minimum od 1.1880-30 is expected
Again there is this very obvious HS on smaller TF. NY bought it on Friday. Maybe they will being they spike. Let's see how it goes. You are enjoying your blue pips. Hehehe
  • #667,126
  • Jul 5, 2022 3:04am Jul 5, 2022 3:04am
Quoting ScalaFX
{quote} Closed half and all protected
When price spike and close my positions I will be selling from 2160 to 2200, we can see that run like Hoda earlier set at picture, there last some liqudity and we can see some spike like SL hunt but 2210-20 should hold, if we get there, cheers!
People don't plan to lose. They lose because they don't plan.
  • #667,127
  • Jul 5, 2022 3:06am Jul 5, 2022 3:06am
EUR/CHF below parity. Waiting for "the moment" to go long.
  • #667,128
  • Jul 5, 2022 3:07am Jul 5, 2022 3:07am
Quoting ScalaFX
{quote} When price spike and close my positions I will be selling from 2160 to 2200, we can see that run like Hoda earlier set at picture, there last some liqudity and we can see some spike like SL hunt but 2210-20 should hold, if we get there, cheers!
2200 is the main deal. I want to hunt the spike on the smaller timeframes. Somehow, in my heart, I have this feeling that this drop is kinda fake. There is no reason for that, after all I have been selling, but I just have this feeling. I am still watching for the hunt. I hope I don't get too busy and miss it.
  • #667,129
  • Jul 5, 2022 3:09am Jul 5, 2022 3:09am
GBP/JPY 4H closing below 164, well, it is over for today, short, short and short.
  • #667,130
  • Jul 5, 2022 3:10am Jul 5, 2022 3:10am
USDJPY SHORT
My telegram: https://t.me/avidforex
  • #667,131
  • Jul 5, 2022 3:11am Jul 5, 2022 3:11am
They pushed GBP/JPY over 100 pips in the Tokyo session to get SL, now it should be a one way street..
  • #667,132
  • Jul 5, 2022 3:12am Jul 5, 2022 3:12am
Quoting ScalaFX
GU sell 2120 TP 1970 pendings 2130 2140 2150 shorts
Closing rest, all positions, waiting for new setup, I wanna go long but is very risky now
People don't plan to lose. They lose because they don't plan.
  • #667,133
  • Jul 5, 2022 3:13am Jul 5, 2022 3:13am
Quoting ScalaFX
{quote} Closing rest, all positions, waiting for new setup, I wanna go long but is very risky now
Don't miss GBP/JPY..it's not going only 100 pips today.
  • #667,134
  • Jul 5, 2022 3:14am Jul 5, 2022 3:14am
Risking some now 2070 SL 2050 TP 2160
People don't plan to lose. They lose because they don't plan.
  • #667,135
  • Jul 5, 2022 3:14am Jul 5, 2022 3:14am
EU has done almost 100pips to the downside. I expect GU to do more. Missed the drop. Not waiting anymore and only ScalaFX is harvesting the pips.

Join him here (quite late): short 2065 TP 2020.

Edit: Scala has betrayed me. Lol... but God will be my help in this short.
  • #667,136
  • Jul 5, 2022 3:14am Jul 5, 2022 3:14am
... small bounce failed at 1st attempt at 1st upside obstacle (arrow) now challenging a prev 30min sw hi zone. Below 50% retrace of the fri lo - mon hi move now.

Current state of 10/20/50 ema crosses as below. $ generally strong so far today re the crosses

1hr below
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: screenshot.png Size: < 1 KB
Trader with an Edge.
  • #667,137
  • Jul 5, 2022 3:15am Jul 5, 2022 3:15am
Quoting ScalaFX
Risking some now 2070 SL 2050 TP 2160
mate is that fomo??
Insane in the Brain..
  • #667,138
  • Jul 5, 2022 3:15am Jul 5, 2022 3:15am
Quoting Mitiblotch
EU has done almost 100pips to the downside. I expect GU to do more. Missed the drop. Not waiting anymore and only ScalaFX is harvesting the pips. Join him here (quite late): short 2065 TP 2020.
Im long now, risky, you can win this pips
People don't plan to lose. They lose because they don't plan.
  • #667,139
  • Edited 3:32am Jul 5, 2022 3:17am | Edited 3:32am
Sliding SL now at 121 (+30 pips profit)

edit took profit at 12050 gone long UK data is good too. SL 12020 tp open but maybe around 12120
Insane in the Brain..
  • #667,140
  • Jul 5, 2022 3:17am Jul 5, 2022 3:17am
Quoting ScalaFX
{quote} Im long now, risky, you can win this pips
Please let me win it. You have made enough for today.
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