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Cable Update (GBPUSD)

  • #670,061
  • Jul 18, 2022 12:48am Jul 18, 2022 12:48am
Quoting Wavegarrick
{quote} Hi Guys, I do not know how to respond to multiple posts or quotes here so I will do it as best I can. From The Wolf, {quote} Yes Sir, you could be quite right.. I like to get a gauge from the 20th of each month to see if price will reverse in the intended direction or go the opposite way. Bulls are not out of the woods for sure. {quote} Thanks George @ Georginson, I am acutely aware of it. We are in a situation where anything can happen at this point. Sound money management is the key for me now and I will lock my trades in as quick as possible....
Patience, patience and more Patience finally paying off.
Have a great week Folks.
Cheers.
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Trade to trade another day
  • #670,062
  • Jul 18, 2022 12:51am Jul 18, 2022 12:51am
don't mess with the devile 666
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yes yes yes
  • #670,063
  • Jul 18, 2022 12:55am Jul 18, 2022 12:55am
G.M, hottest day of the year so far in London to come apparently, and record-breaking...41c expected. Small pullback in late Asian session followed by rise in early London. Price challenging the prev 1hr/4hr/dly sw hi zone that extends to 1967 now, Dly R3 in there near top of it..Next 3 fib cluster 1962-74, then 2007-10.

1hr below
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Trader with an Edge.
  • #670,064
  • Jul 18, 2022 1:00am Jul 18, 2022 1:00am
Quoting S.Fx
{quote} Do you have a TP?
i am a flirt, quick in quick out ; grab 1quick pips n close fast.
  • #670,065
  • Jul 18, 2022 1:01am Jul 18, 2022 1:01am
Quoting EvilEye
{quote} If only fibs and pivots were the accurate lines to trade from we'd all be rich. But you might be right. The cable does love to set an extreme and then slap it by a few extra pips for fun about 30 minutes later.
your answer is in top right of my chart, not in lines
  • #670,066
  • Jul 18, 2022 1:07am Jul 18, 2022 1:07am
well, earlier sell stopped out. 12 pips gone.

Now selling for retrace.
Intraday only.
  • #670,067
  • Jul 18, 2022 1:09am Jul 18, 2022 1:09am
rsi values top left and sma values top right do not agree for a short
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  • #670,068
  • Jul 18, 2022 1:09am Jul 18, 2022 1:09am
challenging 1st 3 fib cluster now...one fib from which shown @ current dly hi on chart below

4hr below
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Trader with an Edge.
  • #670,069
  • Jul 18, 2022 1:09am Jul 18, 2022 1:09am
All out !!!!
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yes yes yes
  • #670,070
  • Jul 18, 2022 1:11am Jul 18, 2022 1:11am
Still waiting for short entry here.
Looks like it's going to dance with the news high from last week. I can't see it getting much further.
Going to hang on and see if it want to go even higher.
  • #670,071
  • Jul 18, 2022 1:21am Jul 18, 2022 1:21am
as soon as the rsi values and time frames listed on my chart ON TOP LEFT vanish, i will get my short

its that easy
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  • #670,072
  • Jul 18, 2022 1:26am Jul 18, 2022 1:26am
Quoting Eagle
Still waiting and see if it want to go even higher and deeper into .
waiting for MPC member speech
  • #670,073
  • Jul 18, 2022 1:29am Jul 18, 2022 1:29am
Eurgbp long at 0.84850
  • #670,074
  • Jul 18, 2022 1:32am Jul 18, 2022 1:32am
Risky long at 11960 let’s if we can we see over 120
Insane in the Brain..
  • #670,075
  • Jul 18, 2022 1:36am Jul 18, 2022 1:36am
...it was a no-brainer short wasn't it? ...top of that prev 1hr/4hr/dly sw hi zone = prev res = pot res, Dly R3 and 3 fib cluster confluence. Reg bear div 1min, 3min, and 5min, and 15min, 30min extr o/b. What was not to like?

5min below
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Trader with an Edge.
  • #670,076
  • Jul 18, 2022 1:38am Jul 18, 2022 1:38am
Quoting Pat Chiko
{quote} GU Waiting for SHORT set up Validation......... {image}
GU

Gong for buy side liquidity by NYO.

Setting up for LONG on completion of this scalp

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #670,077
  • Jul 18, 2022 1:39am Jul 18, 2022 1:39am
easiest way to know your risk
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  • #670,078
  • Jul 18, 2022 1:39am Jul 18, 2022 1:39am
Quoting BeeTogether
Risky long at 11960 let’s if we can we see over 120
unnecessary trade
  • #670,079
  • Jul 18, 2022 1:40am Jul 18, 2022 1:40am
Quoting Headland
...it was a no-brainer short wasn't it? ...top of that prev 1hr/4hr/dly sw hi zone = prev res = pot res, Dly R3 and 3 fib cluster confluence. Reg bear div 1min, 3min, and 5min, and 15min, 30min extr o/b. What was not to like? 5min below {image}
I secured those 12 pips losses in this small drop.
Intraday only.
  • #670,080
  • Jul 18, 2022 1:43am Jul 18, 2022 1:43am
Quoting erez h
{quote} unnecessary trade
sometimes when the trade bugs bite you too hard, mistakes happen lol

trade bugs = urge to trade
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