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Cable Update (GBPUSD)

  • #667,841
  • Jul 7, 2022 7:48am Jul 7, 2022 7:48am
Perfect time to buy the pound is of course when the place is in a complete flap.
  • #667,842
  • Jul 7, 2022 7:53am Jul 7, 2022 7:53am
GBPUSD long (short term?)
So does that mean until GB find a new prime minister, I can go long the GBP on short term ?
  • #667,843
  • Jul 7, 2022 7:53am Jul 7, 2022 7:53am
Quoting EvilEye
Perfect time to buy the pound is of course when the place is in a complete flap.
I am waiting for tommorow (Non-Farm). After tommorow, actually next week, I will start going long long-term and start shorting USD/JPY also.
  • #667,844
  • Jul 7, 2022 8:06am Jul 7, 2022 8:06am
Quoting lengendff
Ok New York session started. Start selling gbpusd again. Forex is so easy to trade.
Already dropped 30pips since New York session opened 1hour ago.

Next hour another 30 pips or more. Will continue to drop and collect pips. Who says forex is hard to trade?
  • #667,845
  • Jul 7, 2022 8:08am Jul 7, 2022 8:08am
add buy - 1.1955
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Vantage Return This Month: na
  • #667,846
  • Jul 7, 2022 8:23am Jul 7, 2022 8:23am
ANY IDEA
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2022-07-07 181905.png Size: 23 KB
  • #667,847
  • Jul 7, 2022 8:40am Jul 7, 2022 8:40am
It will go back to test the 1.2050 point several times. Don't think it will break though. Some fundamental is playing very well so short term technical may not work. Don't understand exactly but the PM resignation seems to be a good thing for the pound.
  • #667,848
  • Jul 7, 2022 8:43am Jul 7, 2022 8:43am
Quoting JereMi256
Added short @1976 SL 1.1988 TP 1.1945 The rest are protected!
All closed @1.1988
Partial missed by less than 10pips
Face 'ur fears & tame 'ur greed
  • #667,849
  • Jul 7, 2022 8:50am Jul 7, 2022 8:50am
We are very close to resistance, let's see if price will continue to range and bounce from 1.20 down again.
  • #667,850
  • Jul 7, 2022 8:56am Jul 7, 2022 8:56am
Quoting Pat Chiko
{quote} GU Very very naughty. Trying to catch SL ? {image}
GU

The cruel world of trading.

Brokers and Institutional Trading knows, where your stop is.

It hunts it down.

That's why, I don't trade 10 lot or 20 lots in one go, as big order are the target of Sharks.
I split into smaller trades to avoid slippages and the preying eyes of the sharks

Look at my last trade. SL taken out, then it pump it out.

I wasn't at the screen to manage the trade..... What a loss.


Re- enter./ Payback time.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 133.jpg Size: 174 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #667,851
  • Jul 7, 2022 8:57am Jul 7, 2022 8:57am
Re-entry short @1.2005
SL 1.2024
Face 'ur fears & tame 'ur greed
  • #667,852
  • Jul 7, 2022 8:59am Jul 7, 2022 8:59am
Quoting JereMi256
Re-entry short @1.2005 SL 1.2024
Also going short USD/JPY, TP at 135.135.
  • #667,853
  • Jul 7, 2022 9:02am Jul 7, 2022 9:02am
GBP/USD TP at 1.1977
  • #667,854
  • Jul 7, 2022 9:02am Jul 7, 2022 9:02am
Quoting lengendff
{quote} Already dropped 30pips since New York session opened 1hour ago. Next hour another 30 pips or more. Will continue to drop and collect pips. Who says forex is hard to trade?
How's all that easy selling going?
  • #667,855
  • Jul 7, 2022 9:05am Jul 7, 2022 9:05am
Quoting eyefeelsix
{quote} {quote} Waves on a large degree my EW updated : {image}

Over 100pips today. Market in need of change, hope direction stays towards 1.2050 / 122.00
Thanks for the charts.
  • #667,856
  • Jul 7, 2022 9:07am Jul 7, 2022 9:07am
Quoting TheWolf
{quote} Also going short USD/JPY, TP at 135.135.
I have no trade there yet, so many support and resistance levels, i need a sweet spot to hide my longterm short above 136.5

GU broke 1.2 on the hourly chart, this is my last trial down to load bulls
Face 'ur fears & tame 'ur greed
  • #667,857
  • Jul 7, 2022 9:10am Jul 7, 2022 9:10am
Quoting JereMi256
{quote} I have no trade there yet, so many support and resistance levels, i need a sweet spot to hide my longterm short above 136.5 GU broke 1.2 on the hourly chart, this is my last trial down to load bulls
Sorry I typed incorently...I meant I follow your GBP/USD trade but also adding USD/JPY to it.
  • #667,858
  • Jul 7, 2022 9:13am Jul 7, 2022 9:13am
I do trade USD/JPY more cautiously though. 1:4 SL & TP. Not risking much, but could be a great trade if it ends well.
  • #667,859
  • Jul 7, 2022 9:13am Jul 7, 2022 9:13am
Quoting Pat Chiko
{quote} GU The cruel world of trading. Brokers and Institutional Trading knows, where your stop is. It hunts it down. That's why, I don't trade 10 lot or 20 lots in one go, as big order are the target of Sharks. I split into smaller trades to avoid slippages and the preying eyes of the sharks Look at my last trade. SL taken out, then it pump it out. I wasn't at the screen to manage the trade..... What a loss. Re- enter./ Payback time. {image}
GU

Revenge Trade. Make or Break !

I want my money back from the Stop taken..

Attached Image (click to enlarge)
Click to Enlarge Name: gu 134.jpg Size: 243 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #667,860
  • Jul 7, 2022 9:18am Jul 7, 2022 9:18am
SL at entry GBP/USD now that I'm +10 pips.
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