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Cable Update (GBPUSD)

  • #669,341
  • Jul 13, 2022 9:43am Jul 13, 2022 9:43am
Quoting ScalaFX
{quote} I thinking of holding this more but saw Pat selling
View… wedge inside the wedge
Attached Image (click to enlarge)
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People don't plan to lose. They lose because they don't plan.
  • #669,342
  • Jul 13, 2022 9:45am Jul 13, 2022 9:45am
Can we make 1.20 today? Of course we can
People don't plan to lose. They lose because they don't plan.
  • #669,343
  • Jul 13, 2022 9:48am Jul 13, 2022 9:48am
Quoting Robinhood1
I think at most we will see attempts to break above 1.1890 +- unsuccessfully and down we go. I may be wrong
Where yours stops mate?
People don't plan to lose. They lose because they don't plan.
  • #669,344
  • Jul 13, 2022 9:49am Jul 13, 2022 9:49am
Quoting ScalaFX
Can we make 1.20 today? Of course we can
On big news days, one must be careful.

Extreme oversold conditions helping buyers looks like.

Anyways, I am out of trading for today.

Tomorrow will have fresh look.
Intraday only.
  • #669,345
  • Jul 13, 2022 9:50am Jul 13, 2022 9:50am
Quoting Pat Chiko
GU Short {image}
GU

Stopped out

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #669,346
  • Jul 13, 2022 9:50am Jul 13, 2022 9:50am
Quoting Coreg2004
{quote} possible bullish butterfly forming...yes, maybe, perhaps... {image}
very nice chart and analysis as usual.
Intraday only.
  • #669,347
  • Jul 13, 2022 9:50am Jul 13, 2022 9:50am
It's was bear's trap all the way
mf !!!!!!!!
Lost all profit
Now switched to long
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yes yes yes
  • #669,348
  • Jul 13, 2022 9:51am Jul 13, 2022 9:51am
Saw US02Y falling hard
More time in the market, does not mean you trade better!
  • #669,349
  • Jul 13, 2022 9:54am Jul 13, 2022 9:54am
Sell stops not getting triggered Maybe this one? Sell stop 19448!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #669,350
  • Jul 13, 2022 9:55am Jul 13, 2022 9:55am
Quoting Robinhood1
{quote} Were you able to improve trading situation with the retracement?
I did. Mate yes thanks - had a good chat with Sohail and he helped a lot - had a decent day today so Just got to put some good rules in practice.
  • #669,351
  • Jul 13, 2022 9:56am Jul 13, 2022 9:56am
Sh!!! even my internet connection would not be able to react to this crazy laaging prices
  • #669,352
  • Jul 13, 2022 9:56am Jul 13, 2022 9:56am
1.2050 as stated earlier is first okay resistance.
  • #669,353
  • Jul 13, 2022 9:56am Jul 13, 2022 9:56am
I'm not a chart pattern Trader type, but
Double Bottom?
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More time in the market, does not mean you trade better!
  • #669,354
  • Jul 13, 2022 9:57am Jul 13, 2022 9:57am
Quoting Pat Chiko
{quote} GU Stopped out {image}
GU

Going to attack the QM ?
Attached Image (click to enlarge)
Click to Enlarge Name: gu 202.jpg Size: 240 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #669,355
  • Jul 13, 2022 9:57am Jul 13, 2022 9:57am
Quoting navk
{quote} very nice chart and analysis as usual.
navk, thanks. I try to play devil's advocate, not to confuse other traders but to point out other possible options. Murphy's law is always around the corner.
Always trade your own plan...I don't provide trading signals.
  • #669,356
  • Jul 13, 2022 9:58am Jul 13, 2022 9:58am
If Daily closes above 1.2080 my ind tells me we can expect one more green daily candle tommorow also.
  • #669,357
  • Jul 13, 2022 10:00am Jul 13, 2022 10:00am
Quoting Moty
It's was bear's trap all the way mf !!!!!!!! Lost all profit Now switched to long {image}
But what if this here is a bulls trap? Crazy volatility wars !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #669,358
  • Jul 13, 2022 10:01am Jul 13, 2022 10:01am
Quoting mtako
{quote} But what if this here is a bulls trap? Crazy volatility wars !
Bull trap, bear trap, ... EVERYTHING is a trap.
  • #669,359
  • Jul 13, 2022 10:01am Jul 13, 2022 10:01am
I don't know if this will go on until the whole NY session or not, it could.
  • #669,360
  • Jul 13, 2022 10:02am Jul 13, 2022 10:02am
This can only happen to me
A beautiful bearish ingulfing candle ruined after 2 candles
Attached Image (click to enlarge)
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yes yes yes
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