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Cable Update (GBPUSD)

  • #667,541
  • Jul 6, 2022 7:12am Jul 6, 2022 7:12am
Usdchf trend remains up.
  • #667,542
  • Jul 6, 2022 7:13am Jul 6, 2022 7:13am
Quoting BeeTogether
{quote} i have a sneaky feeling that fomc might have been already factored in this drop.
Hi Sohail,

Maybe with ranging or deeper pull back to QM zone to trap both buyer and seller.

This is how IT get their order filled, as they know all the tools retail traders using , on top of that, they know where all the order resides.

They will pick it up and moves it to the intended direction.

Here's another view that I see how it going to develop.

Attached Image (click to enlarge)
Click to Enlarge Name: gu qm.jpg Size: 83 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #667,543
  • Jul 6, 2022 7:14am Jul 6, 2022 7:14am
Quoting Pat Chiko
{quote} Please write with facts not assumption. It becomes clearer if you provide chart and some figure to back it up. The chart and data looks otherwise from your statement. Unless you see something that I don't see. {image}
You are quoting my post almost one hour later. How about checking what price was doing in both pairs at the time I made that post? I don't post assumptions, and cannot post chart all the time. I have made it abundantly clear here that I have serious physical job other than trading. My posts are like shooting off the hip. I'd screenshot, crop before posting a chart.

Gu bounced roughly 90 pips from bottom, while EU a paltry 32 pips. At 1944 EU was much closer to the 0200 support. These were the things running in my mind when I made that post.

I simply don't always have that luxury of time. Please I am long and touchy at this moment. Lol
  • #667,544
  • Jul 6, 2022 7:16am Jul 6, 2022 7:16am
... @/around 1869 = mthly S1
Trader with an Edge.
  • #667,545
  • Edited 7:28am Jul 6, 2022 7:17am | Edited 7:28am
Quoting Mitiblotch
{quote} You are quoting my post almost one hour later. How about checking what price was doing in both pairs at the time I made that post? I don't post assumptions, and cannot post chart all the time. I have made it abundantly clear here that I have serious physical job other than trading. My posts are like shooting off the hip. I'd screenshot, crop before posting a chart. Gu bounced roughly 90 pips from bottom, while EU a paltry 32 pips. At 1944 EU was much closer to the 0200 support. These were the things running in my mind when I made that post....

OK,

I cut an hour of the chart for comparison.

The remains the same.

I'm trying to helpful you, not attacking.

Many Newbie here like me, wanting to learn reading and getting correct information to trade successfully.

We hope Expert traders like you guide us into the right path and hope to learn from you.

If you post haphazardly. Newbie like me will get confused into thinking something wrong with technical capability.


Here's chart, I cut off one hour pips count.

Attached Image (click to enlarge)
Click to Enlarge Name: gueu2.jpg Size: 145 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #667,546
  • Jul 6, 2022 7:26am Jul 6, 2022 7:26am
Quoting ScalaFX
Or this {image}
Moty was getting ready to buy lows. He is safe.
I have removed my sl (knew is going follow me and take it). I dont scalp, trade longer time, I am ok with this.

According to Georginson 11885 - 40 = 11845 or eyefeelsix wave 5 is 11825. Keep in mind 1.16 is also previous years support. We got the picture.

MP's suggest a new competence vote to BJ to stand down.
  • #667,547
  • Jul 6, 2022 7:26am Jul 6, 2022 7:26am
Come on mister 118780
hold it !!!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20220706_152408.jpg Size: 494 KB
yes yes yes
  • #667,548
  • Jul 6, 2022 7:26am Jul 6, 2022 7:26am
Quoting Mitiblotch
{quote} You are quoting my post almost one hour later. How about checking what price was doing in both pairs at the time I made that post? I don't post assumptions, and cannot post chart all the time. I have made it abundantly clear here that I have serious physical job other than trading. My posts are like shooting off the hip. I'd screenshot, crop before posting a chart. Gu bounced roughly 90 pips from bottom, while EU a paltry 32 pips. At 1944 EU was much closer to the 0200 support. These were the things running in my mind when I made that post....

very long here too! Lol a retrace up above 120 will be useful although I can’t see that happening this side of the week as data due is going to be very pro USD
Insane in the Brain..
  • #667,549
  • Jul 6, 2022 7:27am Jul 6, 2022 7:27am
... I wonder whether the wkly falling wedge will see a move up and break out the top of it at some stage, the effective steepest desc t/line on this t/f?

wkly below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 30 KB
Trader with an Edge.
  • #667,550
  • Jul 6, 2022 7:35am Jul 6, 2022 7:35am
Quoting Jolita
{quote} Hi eyefeelsix, I have noticed you are a master of Elliott Waves and know trading inside out. If you don't mind please drop some basic/simple tips on EW from your experience and of course when/if you have spare time. I would really appreciate to take in. Thanks
Quoting Pat Chiko
{quote} MAS, This is the picture so far for the week. Price dancing and flow like river. We going to go face to face with FOMC later. I see this, need your comment and input. I'm newbie, will learn from anyone. Thank You {image}
because of my english limitation, maybe that's I can give ( google translate always )
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 15 KB
https://breakpullback.com
  • #667,551
  • Jul 6, 2022 7:37am Jul 6, 2022 7:37am
...

5min below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 9 KB
Trader with an Edge.
  • #667,552
  • Jul 6, 2022 7:38am Jul 6, 2022 7:38am
NZDCHF LONG
My telegram: https://t.me/avidforex
  • #667,553
  • Jul 6, 2022 7:39am Jul 6, 2022 7:39am
Quoting BeeTogether
{quote} very long here too! Lol a retrace up above 120 will be useful although I can’t see that happening this side of the week as data due is going to be very pro USD
or he will start falling cause nothing new will be said
  • #667,554
  • Jul 6, 2022 7:40am Jul 6, 2022 7:40am
Quoting ScalaFX
{quote} Please pray with me for real yeah, some first shorts was to early but I dont wanted to miss the train up, anyway if price brake 1870 and go dive more I will manage some with shorts, I dont want but everything can happen, Hope for little retrace, cheers!
Im in long as well.
not sure ill survive it

dxy not correlate with us indices.. at all.
imo this is the end of the mother of all cycle, but it could go 100-200 pips more.

1.195 will be good for bulls to breeth.

imo you will make it and get rich. Good luck friend
  • #667,555
  • Jul 6, 2022 7:41am Jul 6, 2022 7:41am
Quoting Pat Chiko
{quote} Hi Sohail, Maybe with ranging or deeper pull back to QM zone to trap both buyer and seller. This is how IT get their order filled, as they know all the tools retail traders using , on top of that, they know where all the order resides. They will pick it up and moves it to the intended direction. Here's another view that I see how it going to develop. {image}

GU

Waiting for LONG scalping N3.

Either pick up point will be tested, if one failed, SHORT on rejection area are my next trade for FOMC.

Meanwhile going to enter long scalp.

Any comments welcome.

Attached Image (click to enlarge)
Click to Enlarge Name: gu 108.jpg Size: 108 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #667,556
  • Jul 6, 2022 7:43am Jul 6, 2022 7:43am
Quoting eyefeelsix
{quote} {quote} because of my english limitation, maybe that's I can give ( google translate always ) {image}

Thanks Mas,

Very good chart, appreciate your effort to post the marked up chart for me.

Best Wishes

PAT Chiko
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #667,557
  • Jul 6, 2022 7:45am Jul 6, 2022 7:45am
Quoting Pat Chiko
{quote} GU Waiting for LONG scalping N3. Either pick up point will be tested, if one failed, SHORT on rejection area are my next trade for FOMC. Meanwhile going to enter long scalp. Any comments welcome. {image}
I think we are all a bit blind down here re potential supp/res.
-----------------------------
102% 13wk awr traveled so far this week,
Trader with an Edge.
  • #667,558
  • Jul 6, 2022 7:45am Jul 6, 2022 7:45am
Quoting Pat Chiko
{quote} GU Waiting for LONG scalping N3. Either pick up point will be tested, if one failed, SHORT on rejection area are my next trade for FOMC. Meanwhile going to enter long scalp. Any comments welcome. {image}
GU

Lets scalp LONG........

Maybe got luck.

Attached Image (click to enlarge)
Click to Enlarge Name: gu 109.jpg Size: 106 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #667,559
  • Jul 6, 2022 7:46am Jul 6, 2022 7:46am
Quoting Pat Chiko
{quote} GU Waiting for LONG scalping N3. Either pick up point will be tested, if one failed, SHORT on rejection area are my next trade for FOMC. Meanwhile going to enter long scalp. Any comments welcome. {image}
QM looks better for TP
People don't plan to lose. They lose because they don't plan.
  • #667,560
  • Jul 6, 2022 7:47am Jul 6, 2022 7:47am
Quoting Pat Chiko
{quote} GU Waiting for LONG scalping N3. Either pick up point will be tested, if one failed, SHORT on rejection area are my next trade for FOMC. Meanwhile going to enter long scalp. Any comments welcome. {image}
Forgive my ignorance. What is N3?
Tall tails tell tales.
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