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Cable Update (GBPUSD)

  • #667,181
  • Jul 5, 2022 4:34am Jul 5, 2022 4:34am
Quoting eyefeelsix
{quote} sell limit canceled {image}
if the bear goes south
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https://breakpullback.com
  • #667,182
  • Jul 5, 2022 4:34am Jul 5, 2022 4:34am
Quoting Waveskierrob
{quote} My view, markets are as random as shit, flip a coin you'll end up with same results, don't take my word for it, try it yourself on demo
Just like in chess.. you can have the same ammount of knowledge as chess master does, but you will lose every time. Why? Because it's not knowledge that wins them the game, rather skill. Why doesn't matter, that is the reason why adult's improvement is hard particurarly in chess, too many why's. On the other hand, children just take information like sponge without asking too much why it is like it is, hence why their improvement is more rapid than in adult. Just my two pennies.
  • #667,183
  • Jul 5, 2022 4:44am Jul 5, 2022 4:44am
EUR/USD at 1.0300.
  • #667,184
  • Jul 5, 2022 4:48am Jul 5, 2022 4:48am
GBP/JPY 163.715 good price for going short again. Bailey in 10 minutes.
  • #667,185
  • Jul 5, 2022 4:48am Jul 5, 2022 4:48am
Quoting strawberryDJ
{quote} But why do you and most traders want this pair to go up at all cost? .. The GBP isnt doing very well, even confirmed by Gov of BoE that inflation could linger around for a while. The US is giving assurance that its economy can withstand any blow and avoid recession despite slight increase in interest rates (this in itself gives a clue for trend direction).. I think all these tips coming from both central banks gives investors the clue to follow and equally explains why those resistance zones 1.2593 and 1.233 held firm as rock..Even...
It's not about wanting it to go up. According to my strategy, I see it going up. TA only
POSTMASTER
  • #667,186
  • Jul 5, 2022 4:52am Jul 5, 2022 4:52am
Quoting pips123qwe
{quote} I've been trading profitably for over 2 years now, I get the randomness in the market, but 1 is an accident 2 is a coincidence 3 is a pattern and this is all the way from NZD/CAD to EUR/GBP, just want to know why everything moved the same way and I'm tired of the manipulation talk
You'll never know why, as there are so many different factors that will move markets, you'll could get 100 answers from a 100 different traders all thinking that they are right and yes 3 is a pattern the pattern of randomness, wishing you continually success in your trading
  • #667,187
  • Jul 5, 2022 4:53am Jul 5, 2022 4:53am
... edge of a cliff move down on 1hr so far re that H&S. 76.4% fri lo - mon hi below current price/dly lo. 72% of 30day adr travelled so far today.

1hr below
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Trader with an Edge.
  • #667,188
  • Jul 5, 2022 5:00am Jul 5, 2022 5:00am
long 1.2030 ..tp 1.2250
MY OPINION NOT FINANCIAL ADVISE
  • #667,189
  • Jul 5, 2022 5:06am Jul 5, 2022 5:06am
...

4hr below
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Trader with an Edge.
  • #667,190
  • Jul 5, 2022 5:11am Jul 5, 2022 5:11am
Looks like the pushing down has resummed. Good weed. hahahaha
POSTMASTER
  • #667,191
  • Jul 5, 2022 5:15am Jul 5, 2022 5:15am
Inserted Video
POSTMASTER
  • #667,192
  • Jul 5, 2022 5:19am Jul 5, 2022 5:19am
Quoting donfriday
long 1.2030 ..tp 1.2250
should i book my trade ?
Attached Image (click to enlarge)
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  • #667,193
  • Jul 5, 2022 5:21am Jul 5, 2022 5:21am
Quoting PatienceFx
{quote} should i book my trade ? {image}
or just leave it running, since it is 0.5 % margin used only
  • #667,194
  • Jul 5, 2022 5:22am Jul 5, 2022 5:22am
My patience is running out. Hands twitching, legs tapping, eyes blinking...

long EU here at 0293.
Placed major longs at 0270.
For today only!
  • #667,195
  • Jul 5, 2022 5:29am Jul 5, 2022 5:29am
Quoting mitiblotch
my patience is running out. Hands twitching, legs tapping, eyes blinking... Long eu here at 0293. Placed major longs at 0270. For today only!
alert

europe is facing a major shortage of natural gas

google it
  • #667,196
  • Jul 5, 2022 5:30am Jul 5, 2022 5:30am
Quoting Tronis
{quote} My short is still running. Added 0.01 lot to my original position and it dropped straight away, didn’t know 0.01 can make all that impact to the price {image}
SL moved to BE, it seems it has some unfinished business even lower.
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  • #667,197
  • Jul 5, 2022 5:30am Jul 5, 2022 5:30am
One final long at 12030
Insane in the Brain..
  • #667,198
  • Jul 5, 2022 5:41am Jul 5, 2022 5:41am
... 76.4% fri lo-mon hi just below current dly lo. That prev 1hr/4hr/minor dly sw lo zone that extends down to last week's 1976/75 lo starts circa 2003 on 4hr (also 85.4% of that move.) Dly S3 runs thru this zone @ circa 1989. This pot supp zone is partly coexistent with a prev 4hr/dly}X2/minor wkly sw lo zone down to the current yrly lo @ 1933, which is also prev supp and therefore pot supp.

1hr below (pink zone is a prev 30min sw hi zone = prev res = pot rbs.)
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Trader with an Edge.
  • #667,199
  • Jul 5, 2022 5:51am Jul 5, 2022 5:51am
Quoting Mitiblotch
My patience is running out. Hands twitching, legs tapping, eyes blinking... long EU here at 0293. Placed major longs at 0270. For today only!
THANKS
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  • #667,200
  • Jul 5, 2022 5:52am Jul 5, 2022 5:52am
... 5min falling wedge with the reg bullish div broke to upside Pullbacks thus far today have been sold. The only pot supp I can see @ the current dly lo is the 76.4% downside ext of y/day's lo-hi.

5min below
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Trader with an Edge.
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