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Cable Update (GBPUSD)

  • #669,401
  • Jul 13, 2022 11:50am Jul 13, 2022 11:50am
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  • #669,402
  • Jul 13, 2022 11:51am Jul 13, 2022 11:51am
Quoting donfriday
{quote} i touch of 1.1975 should give us a drop for a cheaper price near 1.1750 i will update the chart when week end {image}
Similar view to yours... Just some tweaks below

✓ Should price fail to close daily or weekly candle above 1.1990, then 1.1757 is still within attainment.

✓ A daily / weekly close above 1.1990 will take price to 1.23xx quickly and aggressively...

Whether price touches 1.1757 or not, 1.23xx is still expected this July.

A research excerpt with no obligation to follow.

Cheers,
George.
Data + Stat + Risk/Emotions Management
  • #669,403
  • Jul 13, 2022 12:10pm Jul 13, 2022 12:10pm
Any idea where Dxy will be heading.
FED swaps show a 50% chance for 100 bps!
More time in the market, does not mean you trade better!
  • #669,404
  • Jul 13, 2022 12:12pm Jul 13, 2022 12:12pm
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Another demo account , what a clown
  • #669,405
  • Jul 13, 2022 12:17pm Jul 13, 2022 12:17pm
Quoting Fardeen1209
Any idea where Dxy will be heading. FED swaps show a 50% chance for 100 bps!
i see a gap @ 106.xx would be nice to see that filled...100bps then 99% a pause @september
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  • #669,406
  • Edited 12:52pm Jul 13, 2022 12:36pm | Edited 12:52pm
this is my update for today before I goto sleep.

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Intraday only.
  • #669,407
  • Edited 12:55pm Jul 13, 2022 12:40pm | Edited 12:55pm
Quoting Robinhood1
Gold towards 1763 and turning down after to 1683
double checking it, still needs to break just below 1704 to reach 1763/65
POSTMASTER
  • #669,408
  • Jul 13, 2022 12:55pm Jul 13, 2022 12:55pm
never too late, bears are back for a end of day special!!!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #669,409
  • Jul 13, 2022 1:03pm Jul 13, 2022 1:03pm
Quoting JereMi256
I'm ready for 1.23 This could be the bottom for this week, fingers crossed! {image}
JereMi256, you might be right but the last fall has only 3 fractals, and this annoys me. It might be some pattern I don't recognize.
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Always trade your own plan...I don't provide trading signals.
  • #669,410
  • Jul 13, 2022 1:07pm Jul 13, 2022 1:07pm
GU Long 1905 SL 1880 TP 2000
People don't plan to lose. They lose because they don't plan.
  • #669,411
  • Jul 13, 2022 1:08pm Jul 13, 2022 1:08pm
Sold again 1904!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #669,412
  • Jul 13, 2022 1:11pm Jul 13, 2022 1:11pm
Quoting mtako
Sold again 1904!
Oh no! Im in trouble
People don't plan to lose. They lose because they don't plan.
  • #669,413
  • Jul 13, 2022 1:12pm Jul 13, 2022 1:12pm
Quoting Robinhood1
nice maneuver. Now the pattern squares within the pattern as the box within the box TP: 1.1410
1.1410 will provide us with a nice bounce and eventually resume the actual swing around 1.1240
POSTMASTER
  • #669,414
  • Jul 13, 2022 1:15pm Jul 13, 2022 1:15pm
Quoting Coreg2004
{quote} JereMi256, you might be right but the last fall has only 3 fractals, and this annoys me. It might be some pattern I don't recognize. {image}
Lets see how tomorrow LO reacts to 1.1923

It's my key level for now
Face 'ur fears & tame 'ur greed
  • #669,415
  • Jul 13, 2022 1:16pm Jul 13, 2022 1:16pm
Quoting ScalaFX
GU Long 1905 SL 1880 TP 2000
I love exchanging currencies with my buddy ScalaFX!

Quoting mtako
{quote}The wick !!! wow, if it goes lower against that, nice significant break indeed, certainly not to be ignored ! Bloody whipsaw today again. The King is dead, long live the King again again again and again ! I strongly doubt bulls will let it go again today, but just in case : Sell stop .1934 TPSL 30 Sell stop .19100 TP&SL50, from a volatility growth...
+30 1 down, 7 to go ! and got back in at exit of that one because a strong completely defferent setup 1min momentum trade....


Good luck all !

Quoting ScalaFX
{quote} Oh no! Im in trouble
dont worry mate, I lose just as many as I win... We play "hot potato"
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #669,416
  • Jul 13, 2022 1:23pm Jul 13, 2022 1:23pm
Inserted Video
POSTMASTER
  • #669,417
  • Jul 13, 2022 1:23pm Jul 13, 2022 1:23pm
Quoting JereMi256
{quote} Lets see how tomorrow LO reacts to 1.1923 It's my key level for now
Buy limit @1.1893
Face 'ur fears & tame 'ur greed
  • #669,418
  • Jul 13, 2022 1:24pm Jul 13, 2022 1:24pm
Quoting JereMi256
{quote} Lets see how tomorrow LO reacts to 1.1923 It's my key level for now
1.1923?? I will keep my trailing SL above b until c is reached.
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Always trade your own plan...I don't provide trading signals.
  • #669,419
  • Jul 13, 2022 1:25pm Jul 13, 2022 1:25pm
Get out of the pool and get cooking Mr.Bear! Its now or never to reach the lows before end-of-day, Ive got 3 other snacky fishy sell-stops just for you, yummy !!!
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #669,420
  • Jul 13, 2022 1:33pm Jul 13, 2022 1:33pm
Quoting Coreg2004
{quote} 1.1923?? I will keep my trailing SL above b until c is reached. {image}
Ref post: #669,150
1.1923- 1H kink
Face 'ur fears & tame 'ur greed
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