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Cable Update (GBPUSD)

  • #670,821
  • Jul 21, 2022 6:51am Jul 21, 2022 6:51am
Quoting Zeiferz
{quote} Hi Whale, can i know what do u mean by liquidity around 1.2? Sorry still learning in progress
hi bro, in simple words This is where the money is.
the price/zone that asset will be bought or sold quickly.

So in other words, price probably will crawl there to be sold again faster.

just my opinion, im totally newbie as you.
  • #670,822
  • Jul 21, 2022 6:54am Jul 21, 2022 6:54am
Attached Image (click to enlarge)
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yes yes yes
  • #670,823
  • Jul 21, 2022 6:58am Jul 21, 2022 6:58am
Quoting Whale
{quote} hi bro, in simple words This is where the money is. the price/zone that asset will be bought or sold quickly. So in other words, price probably will crawl there to be sold again faster. just my opinion, im totally newbie as you.

thanks bro. Which means it can go either way since it buying and selling the area. Did I get it right
  • #670,824
  • Jul 21, 2022 7:04am Jul 21, 2022 7:04am
Quoting tomie
Eberi bodi can resell GU to new Daily Low
mission accomplished..sell at 1.19687
Done +46 pips
  • #670,825
  • Jul 21, 2022 7:06am Jul 21, 2022 7:06am
Quoting Zeiferz
{quote} thanks bro. Which means it can go either way since it buying and selling the area. Did I get it right
It could go anywhere, i think a lot of sell orders with big money is up there.. 1.20X
  • #670,826
  • Jul 21, 2022 7:07am Jul 21, 2022 7:07am
Quoting tomie
{quote} mission accomplished..sell at 1.19687 Done +46 pips
can you share with me why did you sold there ?
yes yes yes
  • #670,827
  • Jul 21, 2022 7:12am Jul 21, 2022 7:12am
Quoting fontu
At last confirmed a bull failure by breaking 1924, as limit old at 1919/1907, so little time may take breaking next target 1877 to 1851. Anyway this pair now signaling all others to deal with, too prone to big tanking! Towards parity! Take care {image}
Exactly. Why are people buying when Price is currently at Premium based on the current state of the economical shenanigans???

Usually price will need to hit a discounted level, before long opportunites avails itself.

RD

Attached Image (click to enlarge)
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  • #670,828
  • Jul 21, 2022 7:13am Jul 21, 2022 7:13am
Quoting JereMi256
{quote} We now have landing codes, trading has become hard
hahahhaha cannot agree more. not sure is it finance or geo location of some heights to take over hhahhaha
  • #670,829
  • Jul 21, 2022 7:14am Jul 21, 2022 7:14am
Quoting tomie
{quote} mission accomplished..sell at 1.19687 Done +46 pips
Congrats. Great timing
  • #670,830
  • Jul 21, 2022 7:17am Jul 21, 2022 7:17am
Half a percent increase as opposed to quarter predicted
Insane in the Brain..
  • #670,831
  • Jul 21, 2022 7:18am Jul 21, 2022 7:18am
https://www.forexfactory.com/thread/...usd?page=33535 post n 670684

first low after 54 hours (it is ok)
second low (for now) near 120 hours
pay attention
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  • #670,832
  • Jul 21, 2022 7:21am Jul 21, 2022 7:21am
Typical market bastardry. Hit my stops for +1 and head back up
  • #670,833
  • Jul 21, 2022 7:22am Jul 21, 2022 7:22am
this could rocket up....could being the operative word remember yesterday when the pound should have ht the dizzy heights but instead fell like a limp weenier
Insane in the Brain..
  • #670,834
  • Jul 21, 2022 7:22am Jul 21, 2022 7:22am
Quoting Moty
{quote} can you share with me why did you sold there ?
maybe this ?
the hourly 12 ema ?
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 19 KB
yes yes yes
  • #670,835
  • Jul 21, 2022 7:24am Jul 21, 2022 7:24am
Still in the channel,
Attached Image (click to enlarge)
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nit opening any position, because im new
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #670,836
  • Jul 21, 2022 7:25am Jul 21, 2022 7:25am
Not re-entering.
something’s up
  • #670,837
  • Jul 21, 2022 7:27am Jul 21, 2022 7:27am
Quoting carbonmimeti
https://www.forexfactory.com/thread/...usd?page=33535 post n 670684 first low after 54 hours (it is ok) second low (for now) near 120 hours pay attention {image}
Intresting. Mometum factors in when price follows it usual course. However, they are fingers manipulating as hard as they can...

To make it simpler, How long did it take for price to move up, and how long did it take for price to move down, calculate the difference and you have a possible "BIAS"...

Price may shoot up, but it must obey laws of supply and demand... it needs to be discounted first. Imagine you're into the wholesale business of selling refurbished iPhones, will you prefer buying at a flat price, $900 or $2500, pick one...

RD

  • #670,838
  • Jul 21, 2022 7:27am Jul 21, 2022 7:27am
tomorrow it will be important breackout of HIGH/LOW of today daily bar....I think
  • #670,839
  • Jul 21, 2022 7:28am Jul 21, 2022 7:28am
Watch it, EU look exactly like how GU look like on tuesday or something like this..

point of thinking how it will be look like the next two days..
  • #670,840
  • Jul 21, 2022 7:31am Jul 21, 2022 7:31am
Quoting thatRichDude
{quote} Intresting. Mometum factors in when price follows it usual course. However, they are fingers manipulating as hard as they can... To make it simpler, How long did it take for price to move up, and how long did it take for price to move down, calculate the difference and you have a possible "BIAS"... Price may shoot up, but it must obey laws of supply and demand... it needs to be discounted first. Imagine you're into the wholesale business of selling refurbished iPhones, will you prefer buying at a flat price, $900 or $2500, pick one... RD...
I am only prepare in advance with Time and Price...if gbpusd does what I think...ok....otherwise I do nothing
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