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Cable Update (GBPUSD)

  • #671,821
  • Jul 27, 2022 10:11am Jul 27, 2022 10:11am
Quoting GODofMC
{quote} Ok then im in small lot then, 10 pips max for Up, may SL locked at +1 ip reach 10 pips trailing + 5 every 10 pips up ,{image} Scary even for 0.01 lot {image}
I too have a tight stop loss @1.2019
If this fails, i wait after news
Face 'ur fears & tame 'ur greed
  • #671,822
  • Jul 27, 2022 10:16am Jul 27, 2022 10:16am
Me today be like
Uj
Seen a good long entry around 136.68 but the FOMC made me step back (cause i expect a drop in DXY on FOMC)
So i wait for price to come at 136.84 to short, but the buying pressure made me say No.
i continue to wait for price to come at 137 to short. Even this zone didnt hold, the upward continued.
At the end of the day i continue to wait and still waiting for the drop in UJ, while i already missed approx 50 pips
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More time in the market, does not mean you trade better!
  • #671,823
  • Jul 27, 2022 10:17am Jul 27, 2022 10:17am
This is scalping time to FOMC if you are not sure of directional bias and you need to trade. Which is not a need IMO.
MY GRID. Markets are NOT random.
  • #671,824
  • Jul 27, 2022 10:18am Jul 27, 2022 10:18am
I think market knows something. Suddenly spiked from 1.202 to 1.205. Will GU cross 1.21 today?
  • #671,825
  • Jul 27, 2022 10:22am Jul 27, 2022 10:22am
Quoting Fardeen1209
Me today be like Uj Seen a good long entry around 136.68 but the FOMC made me step back (cause i expect a drop in DXY on FOMC) So i wait for price to come at 136.84 to short, but the buying pressure made me say No. i continue to wait for price to come at 137 to short. Even this zone didnt hold, the upward continued. At the end of the day i continue to wait and still waiting for the drop in UJ, while i already missed approx 50 pips {image}
Or is it just liquidity sweep, before going down?
More time in the market, does not mean you trade better!
  • #671,826
  • Jul 27, 2022 10:22am Jul 27, 2022 10:22am
Quoting thatRichDude
{quote} My King, how do you see properly on these charts? I'm trying to see and understand but RD
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yes yes yes
  • #671,827
  • Jul 27, 2022 10:24am Jul 27, 2022 10:24am
Attachment g
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yes yes yes
  • #671,828
  • Jul 27, 2022 10:25am Jul 27, 2022 10:25am
Quoting JereMi256
{quote} I too have a tight stop loss @1.2019 If this fails, i wait after news
Good luck dude, didnt see gap we're closed, but still, im gray as cloud can't predict this anymore
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #671,829
  • Jul 27, 2022 10:31am Jul 27, 2022 10:31am
US02Y
RSF
They always know something we dont!
I think DXY will not fall today. Let's see and wait!
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More time in the market, does not mean you trade better!
  • #671,830
  • Jul 27, 2022 10:37am Jul 27, 2022 10:37am
Hi Georginson
you are from Nigeria , I am working as Engineer in portacot, since a week I did not see your post, what is your analysis for 3rd quarter, I am looking 5 green weekly candles, about 1000 pips, 1.1753 is the lowest , what do you thing?
  • #671,831
  • Jul 27, 2022 10:39am Jul 27, 2022 10:39am
Quoting Theoak
{quote} On the short side of this now with a target 1.2000, but on the higher timeframes could go down to the 1.1740
The market showing LH and LL on the 5 min chart. Hope to be at my target soon!!!
Don't trade what you think. Just what you see!!!
  • #671,832
  • Jul 27, 2022 10:41am Jul 27, 2022 10:41am
Quoting Pat Chiko
{quote} Can you please share with me WHY price want to go there ?. Is it, set up or reversal or CP ? I don't know what you see. Share your analysis. I may have missed something or new knowledge you can share with me. Thank You. {image}
Market sentiment
Lost in Narrative
  • #671,833
  • Jul 27, 2022 10:53am Jul 27, 2022 10:53am
Quoting JereMi256
{quote} I too have a tight stop loss @1.2019 If this fails, i wait after news
Closed manually at BE
Face 'ur fears & tame 'ur greed
  • #671,834
  • Jul 27, 2022 10:58am Jul 27, 2022 10:58am
this should hold.

I mean 2019.

I now expect the price to go up.

Below 2019 is bearish day.
Intraday only.
  • #671,835
  • Jul 27, 2022 11:18am Jul 27, 2022 11:18am
game ovor !!!
1.19740-1.19839 in the making
show me the money
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yes yes yes
  • #671,836
  • Jul 27, 2022 11:20am Jul 27, 2022 11:20am
Quoting Moty
game ovor !!! 1.18740-1.19839 in the making show me the money {image}
I’d be cared mate.. FOMC could send the dollar either way
Insane in the Brain..
  • #671,837
  • Jul 27, 2022 11:21am Jul 27, 2022 11:21am
as fomc approaching pa may too worry and no think any side to win , it may cut in both ways and may avoid any extremes today. but likely take the unexpected play ! take care . will watch in in m5 chart !!take extreme precaution please !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #671,838
  • Jul 27, 2022 11:22am Jul 27, 2022 11:22am
From the PA, I see GU it is going to rise for FOMC
Intraday only.
  • #671,839
  • Edited 12:03pm Jul 27, 2022 11:28am | Edited 12:03pm
The longs are piling in. Either way the bottom isn't seen yet. If it spikes up first I will short it. If it spikes down I will stay out.
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  • #671,840
  • Jul 27, 2022 11:51am Jul 27, 2022 11:51am
Quoting Mitiblotch
The longs are piling in. Either way the bottom isn't seen yet. If it spike up first I will short it. If it spikes down I will stay out. {image}
GU is so kind to to the retailers mindset traders..
Its so easy to predict when it will range, but you need to be glued to chart to take trades.. i hate it.
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