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Cable Update (GBPUSD)

  • #667,481
  • Jul 6, 2022 4:43am Jul 6, 2022 4:43am
Quoting witowito
2 Trades M1 Scalps {image}Red X invalidation level ( SL ) Green O entry point
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 26 KB
yes yes yes
  • #667,482
  • Jul 6, 2022 4:44am Jul 6, 2022 4:44am
My EU longs are in hot, boiling soup. Hehehe
  • #667,483
  • Jul 6, 2022 4:44am Jul 6, 2022 4:44am
Quoting navk
100 pips today from 1950 I am long from 1940. Stop 1914
my stop adjusted to 1928 now.

12 pips down.
Intraday only.
  • #667,484
  • Jul 6, 2022 4:48am Jul 6, 2022 4:48am
Quoting TheWolf
We should make a competition where the trader who starts buying at the lowest price before the (so long awaited) big reversal wins. The winner gets something from us all, whatever.
brother.. please change that mindset in your mind, trading is not any sports or games, trading is taking advantage of opportunities to gain the profits and avoid losses as small as possible.
https://breakpullback.com
  • #667,485
  • Jul 6, 2022 4:48am Jul 6, 2022 4:48am
Quoting navk
{quote} my stop adjusted to 1928 now. 12 pips down.
not looking great for the GBP however the fall has slowed down which could be either a catch your breath before a bigger fall or time to slowly go back up. The whole market is very messy atm
Insane in the Brain..
  • #667,486
  • Jul 6, 2022 4:51am Jul 6, 2022 4:51am
Quoting BeeTogether
{quote} not looking great for the GBP however the fall has slowed down which could be either a catch your breath before a bigger fall or time to slowly go back up. The whole market is very messy atm
Yes.
Messy.
But chances to advance up to me.
If SL taken, 12 pips. That is ok
Intraday only.
  • #667,487
  • Jul 6, 2022 4:56am Jul 6, 2022 4:56am
Quoting eyefeelsix
{quote} brother.. please change that mindset in your mind, trading is not any sports or games, trading is taking advantage of opportunities to gain the profits and avoid losses as small as possible.
This is way too hostile, I will call Biden to resolve this confusing situation. LoL
Point taken man, point taken. Totally agree, however I just mentioned this so we can have some fun while trading right? What's a job without being a little bit creative or have some fun..
  • #667,488
  • Jul 6, 2022 4:59am Jul 6, 2022 4:59am
Quoting TheWolf
{quote} This is way too hostile, I will call Biden to resolve this confusing situation. LoL Point taken man, point taken. Totally agree, however I just mentioned this so we can have some fun while trading right? What's a job without being a little bit creative or have some fun..
We could go with 0.01 or whatever is the smallest.
Also 20 pips taken ,5 more to return what I lost in the morning. I take trading very seriously, don't worry, it's one way ticket for me in this life as of now.
  • #667,489
  • Jul 6, 2022 5:00am Jul 6, 2022 5:00am
Quoting navk
{quote} Yes. Messy. But chances to advance up to me. If SL taken, 12 pips. That is ok
i think you are right with the up movement, the political mess is white noise to me at the moment. Should BoJo resign or a general election called it will have an effect. A bunch of ministers resigning is passing the mess onto someone else’s plate.

As we have seen a crazy drop from beginning of June to now and there will be a bottom line. As the banks will step in. The Fed easing rates is increasing the chance of a recession in the US so I wouldn’t be surprised if we don’t see major rate rise at FOMC.
Insane in the Brain..
  • #667,490
  • Jul 6, 2022 5:00am Jul 6, 2022 5:00am
Quoting TheWolf
{quote} This is way too hostile, I will call Biden to resolve this confusing situation. LoL Point taken man, point taken. Totally agree, however I just mentioned this so we can have some fun while trading right? What's a job without being a little bit creative or have some fun..
this thread is awesome, I use it for fun, many people here cheer me up
https://breakpullback.com
  • #667,491
  • Jul 6, 2022 5:05am Jul 6, 2022 5:05am
Quoting ScalaFX
{quote} I will be adding some to longs when retrace at 1940 will be watching reaction
Added
People don't plan to lose. They lose because they don't plan.
  • #667,492
  • Jul 6, 2022 5:07am Jul 6, 2022 5:07am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2022-07-06-13-06-02-722_net.metaquotes.metatrader4.jpg Size: 666 KB
yes yes yes
  • #667,493
  • Jul 6, 2022 5:08am Jul 6, 2022 5:08am
Question for all of you experts!
I retraced into the history a little bit and saw that during the 2008 GBP fell around 7000 pips against USD, so now my question is, can we expect the same to happen again? With this kind of math we would be seeing parity which does seem ridiculous. Thoughts?
  • #667,494
  • Jul 6, 2022 5:15am Jul 6, 2022 5:15am
Eurusd short... 30 pip sl

take profit 0.99353
My telegram: https://t.me/avidforex
  • #667,495
  • Jul 6, 2022 5:17am Jul 6, 2022 5:17am
Another interesting topic is this. Let's say CPI continues to grow in US. How will this actually affect let's say GBP/USD pair. Since we are heading into recession or are already in one, even bad news for US, well the market could just continue buying more and more USD right? Market could be saying well, the bad news for US is bad for everyone, so let's just keep buying USD. Thanks!
  • #667,496
  • Jul 6, 2022 5:19am Jul 6, 2022 5:19am
Quoting Pat Chiko
{quote} GU Lets go GU Break the low to parity.......... {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2022-07-06 151557.png Size: 25 KB
May be we should wait
  • #667,497
  • Jul 6, 2022 5:22am Jul 6, 2022 5:22am
1.19332 is support for today
yes yes yes
  • #667,498
  • Jul 6, 2022 5:22am Jul 6, 2022 5:22am
Quoting BigNumbers
Eurusd short... 30 pip sl take profit 0.99353
Fat TP
People don't plan to lose. They lose because they don't plan.
  • #667,499
  • Jul 6, 2022 5:31am Jul 6, 2022 5:31am
Quoting bignumbers
chfjpy short eurjpy short euraud short nzdcad long lets cash out before down!
golden.. This is not a fluke!
My telegram: https://t.me/avidforex
  • #667,500
  • Jul 6, 2022 5:39am Jul 6, 2022 5:39am
I still think we should expect the low from yesterday to get smashed before trading this.
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