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Cable Update (GBPUSD)

  • #670,701
  • Jul 20, 2022 10:22pm Jul 20, 2022 10:22pm
as no confirmation yet , top bull again intact . may try finish the no able before , minimum target 2055+, so now trying up 2003 and hold to do so , looks waiting somnews and hope. so over 2003 will long for 2064/2199, !lets see.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #670,702
  • Jul 20, 2022 10:31pm Jul 20, 2022 10:31pm
Moti, this was yesterday after London open.

The drop.
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Intraday only.
  • #670,703
  • Jul 20, 2022 10:36pm Jul 20, 2022 10:36pm
Quoting fontu
as no confirmation yet , top bull again intact . may try finish the no able before , minimum target 2055+, so now trying up 2003 and hold to do so , looks waiting somnews and hope. so over 2003 will long for 2064/2199, !lets see. {image}
I will be looking for a set up to short only after London open.

Now it is early to short.
Intraday only.
  • #670,704
  • Jul 20, 2022 10:50pm Jul 20, 2022 10:50pm
Quoting navk
{quote} I will be looking for a set up to short only after London open. Now it is early to short.
thanks for the heads up
i am on that , if it happen again i will get out
minwhile , reduced my position and withdraw 200 $
from the start of the week i with 400 $ withdrawer profit and now i am with only 200 $ equity
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i am trading this 1 min set up
tide sl , when ha turns color
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yes yes yes
  • #670,705
  • Jul 20, 2022 10:54pm Jul 20, 2022 10:54pm
Quoting Moty
{quote} thanks for the heads up i am on that , if it happen again i will get out minwhile , reduced my position and withdraw 200 $ from the start of the week i with 400 $ withdrawer profit and now i am with only 200 $ equity {image}
The reason is this Moti.

Look at hourly chart.

However, if the high breaks, different scenario.
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Intraday only.
  • #670,706
  • Jul 20, 2022 11:04pm Jul 20, 2022 11:04pm
I don't like buying too far from Asia's low but my system says buy. So just bought 1995. SL below the day's low and TP 2045.
  • #670,707
  • Jul 20, 2022 11:11pm Jul 20, 2022 11:11pm
Inserted Video
  • #670,708
  • Jul 20, 2022 11:20pm Jul 20, 2022 11:20pm
Updating my little chart, narrowed
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  • #670,709
  • Jul 20, 2022 11:39pm Jul 20, 2022 11:39pm
Quoting erez h
{quote} I had a day like this yesterday, cheer up
Thanks Bro.. Am always cheering in Positive or Negative position........
Now, trying to recover from yesterday scalping drawdown........

Quoting Pat Chiko
{quote} GU No luck for today trades. Let it roll s it is. Attending other trades {image}
Update on scalping position - chart below
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Yesterday Core Consumer Price Index (CPI) has shown some exhaustion.
The overall inflation rate landed at 9.4%, higher than the expectations of 9.3% and the prior release of 9.1%.
While the core CPI remained in line with the estimates at 5.8% and lower than the former print of 5.9%.

The Core CPI has shown some exhaustion signals, which may trim bumper rate hike expectations.

All elements being rather bullish, staying long position GBP/USD if the price remains well above 1.2000 .
The 1st target is set at 1.2100 .

Need to have bullish break in this 1.20370 resistance would boost the bullish momentum.
In the very short term, a small bearish correction could occur in case of excessive bullish movements.

Good luck.

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #670,710
  • Jul 20, 2022 11:48pm Jul 20, 2022 11:48pm
Quoting Pat Chiko
{quote} Thanks Bro.. Am always cheering in Positive or Negative position........ Now, trying to recover from yesterday scalping drawdown........ {quote} Update on scalping position - chart below{image} Yesterday Core Consumer Price Index (CPI) has shown some exhaustion. The overall inflation rate landed at 9.4%, higher than the expectations of 9.3% and the prior release of 9.1%. While the core CPI remained in line with the estimates at 5.8% and lower than the former print of 5.9%. The Core CPI has shown some...
Have the same opinion. Had signal for long on GBP/JPY and went long. It's in my Journal I created yesterday on FF. Kuroda's statement from moments ago sent everyone up against JPY.
More good news. Since Euro is identical to Pound these days..

Nord Stream data show gas flows now back to 40% capacity

These news are so funny. Kuroda makes a statement that economy is recovering, Yen falls, Nord Stream provides new good data for Euro and Euro starts to decline. The ways of news...always the opposite. Good news for Euro? Let's sell it of course (banks thought-process).
  • #670,711
  • Jul 20, 2022 11:57pm Jul 20, 2022 11:57pm
EU waiting for the price to come at me
QM Long setup
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More time in the market, does not mean you trade better!
  • #670,712
  • Jul 21, 2022 12:02am Jul 21, 2022 12:02am
Quoting TheWolf
{quote} Have the same opinion. Had signal for long on GBP/JPY and went long. It's in my Journal I created yesterday on FF. Kuroda's statement from moments ago sent everyone up against JPY. More good news. Since Euro is identical to Pound these days.. Nord Stream data show gas flows now back to 40% capacity These news are so funny. Kuroda makes a statement that economy is recovering, Yen falls, Nord Stream provides new good data for Euro and Euro starts to decline. The ways of news...always the opposite. Good news for Euro? Let's sell it of course...
All price is after is liquidity and it must get it even if it means calling black white.
  • #670,713
  • Jul 21, 2022 12:02am Jul 21, 2022 12:02am
Quoting TheWolf
{quote} Have the same opinion. Had signal for long on GBP/JPY and went long. It's in my Journal I created yesterday on FF. Kuroda's statement from moments ago sent everyone up against JPY. More good news. Since Euro is identical to Pound these days.. Nord Stream data show gas flows now back to 40% capacity These news are so funny. Kuroda makes a statement that economy is recovering, Yen falls, Nord Stream provides new good data for Euro and Euro starts to decline. The ways of news...always the opposite. Good news for Euro? Let's sell it of course...

The Wolf.......

My newbie question...
If ECB raise interest rates today, which, does it means euro up, DXY down and GU up ?.

Thanks for helping me.

I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #670,714
  • Jul 21, 2022 12:03am Jul 21, 2022 12:03am
EURUSD ; what do we do next
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  • #670,715
  • Jul 21, 2022 12:04am Jul 21, 2022 12:04am
Quoting Waveskierrob
{quote} F*$! it lets put Truss in charge and see how crazy it all gets
She is now favourite ...bring it on
  • #670,716
  • Jul 21, 2022 12:05am Jul 21, 2022 12:05am
Quoting Pat Chiko
{quote} The Wolf....... My newbie question... If ECB raise interest rates today, which, does it means euro up, DXY down and GU up ?. Thanks for helping me.
USD Unemployment news will give better returns than ECB
  • #670,717
  • Jul 21, 2022 12:08am Jul 21, 2022 12:08am
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Tails again so SELL SELL SELL

WARNING:- Please do not copy my trades the magic coin only works for me
  • #670,718
  • Jul 21, 2022 12:10am Jul 21, 2022 12:10am
Quoting Pat Chiko
{quote} The Wolf....... My newbie question... If ECB raise interest rates today, which, does it means euro up, DXY down and GU up ?. Thanks for helping me.
More often than not, which ofc you know , the hike is already priced in. Now... If we see 0.25bps I expect the Euro to fall and drag Pound down with it. If we see 0.50bps hike I expect to see the price going up since in my opinion 0.50bps rate hike is definitely not priced in already. Thanks for asking, but I would also like to hear thought-process from experts like Jolita on this matter.
Although, we shouldn't forget yesterday's news about the tension building up between US and Russia which should be more beneficial to the USD. Hard to tell really..
  • #670,719
  • Jul 21, 2022 12:11am Jul 21, 2022 12:11am
Quoting navk
{quote} The reason is this Moti. Look at hourly chart. However, if the high breaks, different scenario. {image}
yes , you were right
last candle is engulfing for short
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yes yes yes
  • #670,720
  • Jul 21, 2022 12:16am Jul 21, 2022 12:16am
Dam miss the entry at 90
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will wait another chance, as im only aiming 10-20 pips
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