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Cable Update (GBPUSD)

  • #667,781
  • Jul 7, 2022 2:21am Jul 7, 2022 2:21am
Quoting Stiv
Bo Jo has no choice but to resign, many unrevealed scandals on him , bad management of pandemic and war,just one step away from energy crisis, 25% of population admited they have skipped 1 meal to make it to the end of month. This is the first sign of the end of war.FINALLY
what happened to cable last time when Theresa May resigned ? same will happen if Bo Jo quits
  • #667,782
  • Jul 7, 2022 2:25am Jul 7, 2022 2:25am
Quoting PatienceFx
{quote} what happened to cable last time when Theresa May resigned ? same will happen if Bo Jo quits
bojo has quit
Insane in the Brain..
  • #667,783
  • Jul 7, 2022 2:26am Jul 7, 2022 2:26am
11985 is the area to crack. Once it has done so we could see a possible return over 120
Insane in the Brain..
  • #667,784
  • Jul 7, 2022 2:27am Jul 7, 2022 2:27am
Quoting PatienceFx
{quote} what happened to cable last time when Theresa May resigned ? same will happen if Bo Jo quits
Good stuff on the way
  • #667,785
  • Jul 7, 2022 2:30am Jul 7, 2022 2:30am
...2032 is the 50% retrace of the current wkly hi-lo.
Trader with an Edge.
  • #667,786
  • Jul 7, 2022 2:31am Jul 7, 2022 2:31am
Quoting eyefeelsix
{quote} {quote} Hello Joilta, below what I see atm, and for the next may I will simplify with a simple formula {image}
Quoting eyefeelsix
{quote} idk, I'm just waiting on the my valid and invalid zone to see direction's clearly {image}
Waves on a large degree

my EW updated :
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 20 KB
https://breakpullback.com
  • #667,787
  • Jul 7, 2022 2:54am Jul 7, 2022 2:54am
...current dly hi @/near top of the 1hr and 4hr part of that prev 1hr/4hr/minor dly sw lo zone that started @ 1976 = prev supp = pot sbr. Fib @ 2002. 3 fib clusters @ 2021-32, then 2055-66 (assuming 1876 remains the lo of the moves associated with these fibs.) Other fibs are available!
Trader with an Edge.
  • #667,788
  • Jul 7, 2022 3:08am Jul 7, 2022 3:08am
Quoting Pat Chiko
{quote} GU Don't be shy.... Just fly to target. {image}
GU

Fly GU Fly.
( sound like Forrest Gump movie)

Attached Image (click to enlarge)
Click to Enlarge Name: gu 125.jpg Size: 226 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #667,789
  • Jul 7, 2022 3:15am Jul 7, 2022 3:15am
My tp 1.2 hit.

100 pips profit less than 24 hours, not bad.
but im sideline now even i know it could be brutal up
move.

but i must wait for possible B wave.
  • #667,790
  • Jul 7, 2022 3:18am Jul 7, 2022 3:18am
Quoting eyefeelsix
{quote} {quote} Waves on a large degree my EW updated : {image}
Thanks for the chart, i think the 5th on the larger count finished.
  • #667,791
  • Jul 7, 2022 3:19am Jul 7, 2022 3:19am
...50% of mon hi - weds/current wkly lo @ current dly hi - part of aforementioned 3 fib cluster. 83% 30day adr traveled so far today. Potentially a 6th consec bullish 4hr close? which is unusual on that t/f....let's see couple of hours + to go yet on this gmt+3 4hr candle.
Trader with an Edge.
  • #667,792
  • Jul 7, 2022 3:30am Jul 7, 2022 3:30am
pm boris johnson put down the burden.
  • #667,793
  • Jul 7, 2022 3:31am Jul 7, 2022 3:31am
some retrace close to 2170 before NY open possible.
Intraday only.
  • #667,794
  • Jul 7, 2022 3:35am Jul 7, 2022 3:35am
Quoting ScalaFX
{quote} 12xlongs every 10 pip, last 1890 already all in profit but that's long term set so I dont protecting now, lets see what happen, trade safe today
Taking half and closing all to 1950, protected one more time patience payed nice for me if price come more down I will be starting buying one more time from new low
People don't plan to lose. They lose because they don't plan.
  • #667,795
  • Jul 7, 2022 3:38am Jul 7, 2022 3:38am
Country' s Prime minister resigning, and the currency of that country flies.

Lol.

joke.
Intraday only.
  • #667,796
  • Jul 7, 2022 3:44am Jul 7, 2022 3:44am
Quoting navk
Country' s Prime minister resigning, and the currency of that country flies. Lol. joke.
Depends who the pm is lol! Actually, as you well know, it's the fact that a period of political instability is coming to an end that made £ rise on the news.
Trader with an Edge.
  • #667,797
  • Jul 7, 2022 3:46am Jul 7, 2022 3:46am
Quoting Headland
{quote} Depends who the pm is lol! Actually, as you well know, it's the fact that a period of political instability is coming to an end that made £ rise on the news.
In the UK, the law makers do not allow any PM to stay.

That poor lady too suffered and was kicked out.

Now this.
Intraday only.
  • #667,798
  • Jul 7, 2022 3:48am Jul 7, 2022 3:48am
Quoting Pat Chiko
Fly GU Fly.
I was thinking more of Scarface when he’s in the jacuzzi watching pelicans
  • #667,799
  • Jul 7, 2022 3:50am Jul 7, 2022 3:50am
Quoting Whale
{quote} Thanks for the chart, i think the 5th on the larger count finished.
my pleasure friend,

as discussed earlier, that's how the invalidation level works, we will find out after the level is reached ( 1.2200 in the current case )
so it means you can hold a position towards 1.2200 if you long at the level 1.1875 ( for swing trade only ) and so the price can go higher after that
and vica versa, the price will return back to the south exceeded 1.1875 if the level 1.2200 fails to reach

EFS
https://breakpullback.com
  • #667,800
  • Jul 7, 2022 3:50am Jul 7, 2022 3:50am
Quoting navk
{quote} In the UK, the law makers do not allow any PM to stay. That poor lady too suffered and was kicked out. Now this.
It's a brutal game what can I say. The checks and balances of the Uk unwritten constitution and the 'establishment' with it's precedents, protocols and unwritten codes etc ensure that the 'system' is more important than any one individual, and will be upheld at all costs, so yeh, there is some truth in what you say. But that's the game and if you don't play by the rules, they will get you. (Eventually.) Re Therese May, she again had lost confidence of the Tory party and was told by Chairman of 1922 committee of this, so went before she was pushed. It was her inability to get her version of Brexit done, that did for her. Europe did for Thatcher too in a similar way. Europe also did for Heath, Major, and Cameron, in different ways.
Trader with an Edge.
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