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Cable Update (GBPUSD)

  • #698,801
  • Oct 20, 2022 11:12am Oct 20, 2022 11:12am
Quoting Bella.al
{quote} Bella's Trend Cycles. I am just counting on that Yesterday's High 1.13570 will hold . ( Last Trade ) {image}
Current Rate : 1.12654

I am +54 Pips as i write this. My Target is much lower and i expect this time around i have short the top .

waiting patiently.
Attached Image (click to enlarge)
Click to Enlarge Name: Bella'sTrendCycle_03.png Size: 14 KB
Goddess of Thunder..
  • #698,802
  • Oct 20, 2022 11:12am Oct 20, 2022 11:12am
Quoting BigNumbers
I was given a red badgeand it disappeared after two days. I’m sure some red badge holders here may have protested against it. Guess what I have come to realize in life - People are not ready to see TRUE HEROES. I’m not afraid to say that I will make a mark in the Forex industry because I deserve it. I’m studying Save my name… BigNumbers. My only advise to newbie is to study and stop depending on indicators. Good luck to everyone. @BigNumbers.

You are doing well without the badge but as for the disappearing it happened to me before and it later came back. You have improved in. A short period of time and I commend on u hard work.
MY OPINION NOT FINANCIAL ADVISE
  • #698,803
  • Oct 20, 2022 11:13am Oct 20, 2022 11:13am
Quoting TheWolf
{quote} On a serious note, BoJ did intervene on 145 which means even this price was already too much and now it's 150.. Put short orders 100-150 pips below current price and just drag up as the price goes up. This is what I'm doing. It will come, it has come. Intervention above 155 doesn't make any sense. 145 was too much and if they let the price to get to 155 and then intervene, then what? They'll crash the price to 145, 140 at best. The same price they intervened the last time!? I think and hope it's coming really soon. Last time they were waiting...
Yes, they may intervene too late, and it won't be good

What i always thought is that thie time, they could intervene with the help of other CB (ECB, FED, BOE) to have a bigger impact on it.

But it would mean the whole world is pivoting, back to money printing.

So money printing + high inflation + rising rates ? Things will get ugly
COT: The precious data ignored
  • #698,804
  • Oct 20, 2022 11:13am Oct 20, 2022 11:13am
Quoting TheWolf
{quote} God bless you if that happens. Well, God bless you anyway, but a little bit more if that actually happens.

God bless you if u can wait it might take month or months
MY OPINION NOT FINANCIAL ADVISE
  • #698,805
  • Oct 20, 2022 11:13am Oct 20, 2022 11:13am
Quoting Fardeen1209
{quote} The Fundamental yes, the technical is not relevant anymore, tomorrow will have a fresh look where we might be heading.
Yep
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #698,806
  • Oct 20, 2022 11:16am Oct 20, 2022 11:16am
Quoting Yngwie
{quote} Yep
Why they not corporate with us?
  • #698,807
  • Oct 20, 2022 11:17am Oct 20, 2022 11:17am
Quoting donfriday
Opened abov 1.10 tested and bounce for me it’s 1.20 next major Quarter point {image}
it will break
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 12 KB
yes yes yes
  • #698,808
  • Oct 20, 2022 11:19am Oct 20, 2022 11:19am
Anyone can see audusdīs spike on a 5min tf and its retracement within it and how it climbed up. (0.6240) and breaking through it
POSTMASTER
  • #698,809
  • Oct 20, 2022 11:21am Oct 20, 2022 11:21am
Quoting Whale
{quote} Why they not corporate with us?
We can't control news sentiment and thats sucks
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #698,810
  • Oct 20, 2022 11:22am Oct 20, 2022 11:22am
H4 chart saying that if the H4 candle closes below 1.12500, it's over for bulls.
  • #698,811
  • Oct 20, 2022 11:23am Oct 20, 2022 11:23am
Quoting TheWolf
{quote} God bless you if that happens. Well, God bless you anyway, but a little bit more if that actually happens. ž Man, H4 will actually close in sell zone if it remains like this.. If it does, I'm not waiting any 1.15, 1.17 or 1.20. I'm selling this..


u can see the buyers since the bounce of 1.02 still holding the price up.

are they selling from historical lows?
MY OPINION NOT FINANCIAL ADVISE
  • #698,812
  • Oct 20, 2022 11:25am Oct 20, 2022 11:25am
Quoting Robinhood1
Anyone can see audusdīs spike on a 5min tf and its retracement within it and how it climbed up. (0.6240) and breaking through it
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla (5147).png Size: 14 KB
POSTMASTER
  • #698,813
  • Oct 20, 2022 11:26am Oct 20, 2022 11:26am
Quoting TheWolf
{quote} On a serious note, BoJ did intervene on 145 which means even this price was already too much and now it's 150.. Put short orders 100-150 pips below current price and just drag up as the price goes up. This is what I'm doing. It will come, it has come. Intervention above 155 doesn't make any sense. 145 was too much and if they let the price to get to 155 and then intervene, then what? They'll crash the price to 145, 140 at best. The same price they intervened the last time!? I think and hope it's coming really soon. Last time they were waiting...
Idk if they will intervene the same way they did first time- like drop $19bn bomb on the market. History showed us that each time Boj had intervene, the moves get smaller. I dont remember when or the source, but i saw a chart which Boj intervened to sell JPY, it was too high i think, but each time the UJ bullish candle gets smaller. There is high probability that history will repeat, but always better to keep a room for the unexpected.
More time in the market, does not mean you trade better!
  • #698,814
  • Oct 20, 2022 11:27am Oct 20, 2022 11:27am
Quoting Robinhood1
Anyone can see audusdīs spike on a 5min tf and its retracement within it and how it climbed up. (0.6240) and breaking through it
look like free fall , 2 big red hourly candles
Attached Image (click to enlarge)
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yes yes yes
  • #698,815
  • Oct 20, 2022 11:29am Oct 20, 2022 11:29am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 18 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 18 KB
yes yes yes
  • #698,816
  • Oct 20, 2022 11:29am Oct 20, 2022 11:29am
Quoting Moty
{quote} look like free fall , 2 big red hourly candles {image}
it looks like a retracement to me(added). UJ will match it right now
POSTMASTER
  • #698,817
  • Oct 20, 2022 11:32am Oct 20, 2022 11:32am
The last time i witnessd such a steady move on the 1mn chart was on the 11th of October with 230+ pips drop

Will history repeat itself?
COT: The precious data ignored
  • #698,818
  • Oct 20, 2022 11:35am Oct 20, 2022 11:35am
Quoting Pat Chiko
{quote} GU TP Closed.{image}
GU

add
Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #698,819
  • Oct 20, 2022 11:35am Oct 20, 2022 11:35am
all out for now , waiting for next signal
from -85 $ to +85 % profit
Attached Image (click to enlarge)
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yes yes yes
  • #698,820
  • Oct 20, 2022 11:39am Oct 20, 2022 11:39am
Quoting Georginson
Sold at 1.1320... stop 1.1400... target is open for manual closure .. London is closing... Daily range already 160 pips... This means 75% of today's risk is gone .. Also 4 hours range already 94 pips .., most likely max is 130 pips ..
Manually exited at 1.1255... +65 pips... Good stuff...
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