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Cable Update (GBPUSD)

  • #670,721
  • Jul 21, 2022 2:16am Jul 21, 2022 2:16am
This will be a crazy day...news all over the shop.

Italian Prime Minister Draghi Tells Parliament He Will Resign
  • #670,722
  • Jul 21, 2022 2:18am Jul 21, 2022 2:18am
Quoting Fardeen1209
EU waiting for the price to come at me QM Long setup{image}
That is not QM, maybe HNS
Face 'ur fears & tame 'ur greed
  • #670,723
  • Jul 21, 2022 2:19am Jul 21, 2022 2:19am
now it's clear
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 18 KB
yes yes yes
  • #670,724
  • Jul 21, 2022 2:19am Jul 21, 2022 2:19am
Quoting Mitiblotch
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.
Added at 1959. TP 2045

Everytime I enter before London I get very bad prices. Holding.
  • #670,725
  • Jul 21, 2022 2:20am Jul 21, 2022 2:20am
Quoting JereMi256
{quote} That is not QM, maybe HNS
Same thing.
  • #670,726
  • Jul 21, 2022 2:25am Jul 21, 2022 2:25am
Perhaps it would be wisest not to trade until London does it's thing.
  • #670,727
  • Jul 21, 2022 2:29am Jul 21, 2022 2:29am
Quoting Mitiblotch
{quote} Same thing.
There is a slight difference
Qm happens after a BOS
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: images-1.png Size: 16 KB
Face 'ur fears & tame 'ur greed
  • #670,728
  • Jul 21, 2022 2:30am Jul 21, 2022 2:30am
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.
Will GU UP because DXY DOWN
Or
EG UP => G Down?

I think the answer is based on which pair is traded more. EU UP => DXY Down => GU UP?
More time in the market, does not mean you trade better!
  • #670,729
  • Jul 21, 2022 2:34am Jul 21, 2022 2:34am
Quoting tomie
today continue sell...go to low yesterday ... 1.19535 yeh² GU--> 1.19535 --> 1.20555
mission one ...done
  • #670,730
  • Jul 21, 2022 2:35am Jul 21, 2022 2:35am
Quoting Chris_35
{quote} I'm liking the look of your chart as i'm looking for GBP/USD to go short to 1.1818 to close 2 shorts and pick up a long order of 1.1818 which I put a limit at 1.2280 along with 2 other longs that are in play. Though I'm not expecting it to happen in too short a space of time.{image}
today is a very important day...day number five to go short
then if tomorrow price will break high go up till day n 7
if tomorrow price will break low , go down till day n 7
for scalping/timing I am using 45° and 30° lines down/up from last/first bar of a swing
gbpusd 1 hour chart:now short with stop profit
Attached Image (click to enlarge)
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  • #670,731
  • Jul 21, 2022 2:36am Jul 21, 2022 2:36am
Quoting JereMi256
{quote} There is a slight difference {image} {image}
HNS
ENTRY Point at Breakout of Neckline with higher RR ratio.
Chart Pattern ain't my type of trading, cause Institutions knows lots of retail traders use simpler trading strat like chart pattern, Thus Will do everything to swipe your positions and at all costs to protect their position.
From a RR and Psychological POV, QM is widely used amongst many successful traders and Chart Pattern amongst many Youtuber

EDITED: And QM enables you to entry right and the 2nd shoulder, no wonder why the 2nd shoulder is formed around that first shoulder level.
Institutions are in play at those levels
More time in the market, does not mean you trade better!
  • #670,732
  • Jul 21, 2022 2:36am Jul 21, 2022 2:36am
Quoting Waveskierrob
{image} Tails again so SELL SELL SELL WARNING:- Please do not copy my trades the
magic coin only works for me
What Coin Sorcery are you practicing here. ?

Sorcery are not allowed in Forex trading.......
Attached Image (click to enlarge)
Click to Enlarge Name: coin.jpg Size: 56 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #670,733
  • Jul 21, 2022 2:40am Jul 21, 2022 2:40am
Quoting Pat Chiko
{quote} What Coin Sorcery are you practicing here. ? Sorcery are not allowed in Forex trading....... {image}
Exactly, I was like what short is he talking about? Then I realized we have another magician around here.. .
  • #670,734
  • Jul 21, 2022 2:41am Jul 21, 2022 2:41am
Quoting navk
{quote} I will be looking for a set up to short only after London open. Now it is early to short.
Intraday only.
  • #670,735
  • Jul 21, 2022 2:42am Jul 21, 2022 2:42am
i put the template but don't used it
so what is the point ?
when i will start to think and start follow the signal ?
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 16 KB
yes yes yes
  • #670,736
  • Jul 21, 2022 2:44am Jul 21, 2022 2:44am
Quoting Moty
i put the template but don't used it so what is the point ? when i will start to think and start follow the signal ? {image}
How long you trading forex?
  • #670,737
  • Jul 21, 2022 2:45am Jul 21, 2022 2:45am
Quoting Whale
{quote} How long you trading forex?
7 years
yes yes yes
  • #670,738
  • Jul 21, 2022 2:45am Jul 21, 2022 2:45am
Quoting Fardeen1209
{quote} HNS ENTRY Point at Breakout of Neckline with higher RR ratio. Chart Pattern ain't my type of trading, cause Institutions knows lots of retail traders use simpler trading strat like chart pattern, Thus Will do everything to swipe your positions and at all costs to protect their position. From a RR and Psychological POV, QM is widely used amongst many successful traders and Chart Pattern amongst many Youtuber EDITED: And QM enables you to entry right and the 2nd shoulder, no wonder why the 2nd shoulder is formed around that first shoulder...
It's a matter of experience.
Face 'ur fears & tame 'ur greed
  • #670,739
  • Jul 21, 2022 2:46am Jul 21, 2022 2:46am
Quoting eyefeelsix
{quote} sl plus, my waves updated : {image}
Ascending lower is broken, symmetrical triangle failed, What does mean 85% bullish continuation's failed, ya ya maybe..

my waves updated :
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 24 KB
https://breakpullback.com
  • #670,740
  • Jul 21, 2022 2:50am Jul 21, 2022 2:50am
For me there are no GU trades for now. I'm waiting for a bigger drop and look for longs there. I don't know if it will happen but that's my plan at the moment
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