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Cable Update (GBPUSD)

  • #669,201
  • Jul 13, 2022 6:07am Jul 13, 2022 6:07am
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POSTMASTER
  • #669,202
  • Jul 13, 2022 6:11am Jul 13, 2022 6:11am
Quoting Robinhood1
I am expecting EU to drop around 80 pips equivalent to almost 200 GU. Then weŽd have a perfect support area although i wonŽt be risking going long when retracement shows up
Im going opposite cheers buddy! Na zdrowie!
People don't plan to lose. They lose because they don't plan.
  • #669,203
  • Jul 13, 2022 6:13am Jul 13, 2022 6:13am
I was expecting this and I took that 1H candle. Finally pricing in good news. Expecting one more candle, however don't care. Waiting for CPI now, but in the end I do expect a really good day for Pound.
  • #669,204
  • Jul 13, 2022 6:15am Jul 13, 2022 6:15am
My wave projection. Simple 3,2 I may be wrong

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POSTMASTER
  • #669,205
  • Jul 13, 2022 6:19am Jul 13, 2022 6:19am
I am at this thread now as my GU set up suits my strategy otherwise will be somewhere else.
POSTMASTER
  • #669,206
  • Jul 13, 2022 6:23am Jul 13, 2022 6:23am
Quoting ScalaFX
{quote} Im going opposite cheers buddy! Na zdrowie!
I am sorry. cheers
POSTMASTER
  • #669,207
  • Jul 13, 2022 6:23am Jul 13, 2022 6:23am
Quoting Robinhood1
I am at this thread now as my GU set up suits my strategy otherwise will be somewhere else.
Thanks for letting us know
  • #669,208
  • Jul 13, 2022 6:24am Jul 13, 2022 6:24am
...challenging prev 4hr sw lo / prev 1hr sw hi leading to current dly hi now with steepest 1hr desc t/line

1hr below
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Trader with an Edge.
  • #669,209
  • Jul 13, 2022 6:24am Jul 13, 2022 6:24am
Don't like calling it for 75th already, but today we may witness the start of reversal. For that to happen though, no more green candles should come until London closes. Then we could see it.
  • #669,210
  • Jul 13, 2022 6:26am Jul 13, 2022 6:26am
Quoting Waveskierrob
{quote} Thanks for letting us know
DonŽt be dissapointed, iŽll be back when the next set up appearsZdrowie
POSTMASTER
  • #669,211
  • Jul 13, 2022 6:33am Jul 13, 2022 6:33am
Quoting Pat Chiko
{quote} GU Stopped out......... Re entry. {image}
GU

Closed all as we are approaching high impact CPI Data release.

Shown closed and stopped out trade earlier
Attached Image (click to enlarge)
Click to Enlarge Name: gu 196.jpg Size: 475 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #669,212
  • Jul 13, 2022 6:37am Jul 13, 2022 6:37am
Quoting Pat Chiko
{quote} GU Closed all as we are approaching high impact CPI Data release. Shown closed and stopped out trade earlier {image}
  • #669,213
  • Jul 13, 2022 6:37am Jul 13, 2022 6:37am
Did anyone go long at 1.18 and is still long?
Let's see who's the best around here.
  • #669,214
  • Jul 13, 2022 6:38am Jul 13, 2022 6:38am
GU

Setting up for Short on US CPI Data release.

Waiting.

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #669,215
  • Jul 13, 2022 6:39am Jul 13, 2022 6:39am
Que miedo, me he cagado
POSTMASTER
  • #669,216
  • Jul 13, 2022 6:39am Jul 13, 2022 6:39am
...this upcoming U.s Cpi is a difficult one to call as this time particularly it will depend on the core Cpi, and some of the component parts that make it up, as to what the market reaction is, not just the headline #. Could see a mixed reaction on the knee-jerk particularly/on the other side of it, depending on the data, and maybe despite the headline #. Who knows? Anything can happen.
Trader with an Edge.
  • #669,217
  • Jul 13, 2022 6:40am Jul 13, 2022 6:40am
Quoting Waveskierrob
{quote}
You're celebrating for I got stopped out earlier.........
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #669,218
  • Jul 13, 2022 6:41am Jul 13, 2022 6:41am
Quoting TheWolf
Did anyone go long at 1.18 and is still long? Let's see who's the best around here.
That's a poor measure of an irrelevant stat.
Trader with an Edge.
  • #669,219
  • Jul 13, 2022 6:41am Jul 13, 2022 6:41am
Quoting Headland
...this upcoming U.s Cpi is a difficult one to call as this time particularly it will depend on the core Cpi, and some of the component parts that make it up, as to what the market reaction is, not just the headline #. Could see a mixed reaction on the knee-jerk particularly/on the other side of it, depending on the data, and maybe despite the headline #. Who knows? Anything can happen.
Even the price is nervous to deliver the Support and Resistance area.

Both GBP and USD are looking at each other like "the pot calling the kettle black"...

Some other pair does offer better deal, but all here still insist to trade GBP USD..... ( including me)

Look at USD CHF. Straight forward no hassle trading set up
Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #669,220
  • Jul 13, 2022 6:43am Jul 13, 2022 6:43am
Quoting Headland
{quote} That's a poor measure of an irrelevant stat.
We have to agree that we agree. LoL
I know haha. Just curious..

R for today 1.2050
S for today 1.1800
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