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Cable Update (GBPUSD)

  • #751,361
  • Jun 13, 2023 3:00pm Jun 13, 2023 3:00pm
Quoting Scotteyy
{quote} It's a trade i'd like to take but prefer not to have trades open overnight.
I appreciate your comment Scottey.
It is a decision that cannot be taken unless from a position of strength. Market positioning from my point of view is crux.
All the best.
Cheers.
Trade to trade another day
  • #751,362
  • Jun 13, 2023 4:20pm Jun 13, 2023 4:20pm
Quoting stevepatt
{quote} GBP/USD M15 Observations {image}
GBP/USD M15 Observations
Attached Image (click to enlarge)
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  • #751,363
  • Jun 13, 2023 5:43pm Jun 13, 2023 5:43pm
Attached Image (click to enlarge)
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My telegram: https://t.me/avidforex
  • #751,364
  • Jun 13, 2023 6:01pm Jun 13, 2023 6:01pm
Quoting BigNumbers
{image}
My first target is the daily low
Attached Image (click to enlarge)
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My telegram: https://t.me/avidforex
  • #751,365
  • Jun 13, 2023 6:45pm Jun 13, 2023 6:45pm
Quoting Fardeen1209
{quote} Or the CPI data already priced in, and it moves just 25-35pips
Or It Just moves to unwind SHorts and then unwind Longs
HBS - Hussain Bin Salman
  • #751,366
  • Jun 13, 2023 6:49pm Jun 13, 2023 6:49pm
Its Little Late but its never late in Trading Business anytime around

I have GBPUSD Target updated to 1.25879 and it will stay there while I take sleep

I have some Nice Orders added too

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Attached Image (click to enlarge)
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Ok See You For Now
HBS - Hussain Bin Salman
  • #751,367
  • Jun 13, 2023 7:42pm Jun 13, 2023 7:42pm
Attached Image (click to enlarge)
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yes yes yes
  • #751,368
  • Jun 13, 2023 8:13pm Jun 13, 2023 8:13pm
GBPUSD
SELL @ 1.26280
Stop loss 1.26570
Take Profit 1.25470

(Short Term BUY )
GBPUSD 1.26100
Take profit 1.26270
SL .1.25850
Attached Image (click to enlarge)
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  • #751,369
  • Jun 13, 2023 8:24pm Jun 13, 2023 8:24pm
Already up 86000 smackers!!!.....Real Benjamins baby!!!! LOL...Im having a party tonight and Chiko isnt invited!!! hahahahaha
  • #751,370
  • Jun 13, 2023 8:31pm Jun 13, 2023 8:31pm
Quoting ninner
Already up 86000 smackers!!!.....Real Benjamins baby!!!! LOL...Im having a party tonight and Chiko isnt invited!!! hahahahaha
Lol ! bring your party to ikeja .

Cool I got in buy taking profit 1.26270
just let it hit 1.26280 above you then sell
Wait for profits
  • #751,371
  • Edited 8:57pm Jun 13, 2023 8:46pm | Edited 8:57pm
Quoting eyefeelsix
{quote} I see the same thing, maturity, Top-level economics knowledge for youth 22 Great_job@Fardeen1209
Thanks for your kind words sir.
My EW still suck tho.
Its getting hard to see the wave
More time in the market, does not mean you trade better!
  • #751,372
  • Jun 13, 2023 8:56pm Jun 13, 2023 8:56pm
Quoting Tpttonly
{quote} Or It Just moves to unwind SHorts and then unwind Longs
By unwind you mean LQ grab?
If so, it could be, market always move to where massive limit and stop orders.
Limit orders are for IT, stop orders and stop loss are usually for retails.
More time in the market, does not mean you trade better!
  • #751,373
  • Jun 13, 2023 8:58pm Jun 13, 2023 8:58pm
I should not be selling this GU, I ought to be buying and yet caught on the selling side, I will have to exit my sell trades once price reaches 1.2594.. then I will buy for a target of 1.2640 then 1.2700 for the latter part of this week.

Expected range this week is 215 pips. .. current range stands at 135 pips remaining 80 pips.

1.2487 + 215 pips = 1.2702.
Above 1.2575 is pointing at 1.27 this week.

Also noteworthy that we are in the last month of the second quarter with minimum expected range of 500 pips, so far it's done 406 pips (1.2274 - 1.2680) at least 100 more pips is expected...

1.2274 + 500 pips = 1.2774 is projected for this June.
Data + Stat + Risk/Emotions Management
  • #751,374
  • Jun 13, 2023 9:05pm Jun 13, 2023 9:05pm
Will she go to 1.2653 QM?
If Uk GDP is +ve as expected, and will be release at Frankfurt open, that will be my shorts entry.
But will also look for this 4hr close development, to short.
More time in the market, does not mean you trade better!
  • #751,375
  • Jun 13, 2023 9:14pm Jun 13, 2023 9:14pm
Quoting Georginson
I should not be selling this GU, I ought to be buying and yet caught on the selling side, I will have to exit my sell trades once price reaches 1.2594.. then I will buy for a target of 1.2640 then 1.2700 for the latter part of this week. Expected range this week is 215 pips. .. current range stands at 135 pips remaining 80 pips. 1.2487 + 215 pips = 1.2702. Above 1.2575 is pointing at 1.27 this week. Also noteworthy that we are in the last month of the second quarter with minimum expected range of 500 pips, so far it's done 406 pips (1.2274 - 1.2680)...
I still believe that we are at critical resistance if price fails to break 26297 for 2700 the up move will be stalled and price can move 500 pips downward too.
Keep the Lights on then you can catch the rise from the dark.
  • #751,376
  • Jun 13, 2023 9:44pm Jun 13, 2023 9:44pm
Quoting Georginson
I should not be selling this GU, I ought to be buying and yet caught on the selling side, I will have to exit my sell trades once price reaches 1.2594.. then I will buy for a target of 1.2640 then 1.2700 for the latter part of this week. Expected range this week is 215 pips. .. current range stands at 135 pips remaining 80 pips. 1.2487 + 215 pips = 1.2702. Above 1.2575 is pointing at 1.27 this week. Also noteworthy that we are in the last month of the second quarter with minimum expected range of 500 pips, so far it's done 406 pips (1.2274 - 1.2680)...

Today is just tuesday.

Wednesday starting.

three full days to go.
Intraday only.
  • #751,377
  • Jun 13, 2023 10:18pm Jun 13, 2023 10:18pm
There isnt much to trade right now ...at least that meets my criteria.
  • #751,378
  • Jun 13, 2023 10:42pm Jun 13, 2023 10:42pm
We make our trades but the markets plays as it wants .

I see GBPUSD. Going above 1.26500 in the next few hours
Before falling downwards
So I advice BUY Gbpusd now for 40 pips minimum to 1.265 or 1.2660
Before selling .
  • #751,379
  • Jun 13, 2023 11:07pm Jun 13, 2023 11:07pm
Quoting Bella.al
Current Rate : 1.26058 Yay, it came back to my entry level 1.26015. I really don't think it would challenge my S/L level again 1.26260 Bella's Blue Journal (June): -51 Pips . ( it may be time to recover this ). Currently GMT Switch is maturing v1.5 . Introduced Bella's special days . Tuesday ( Bella's God of War ) | Thursday (Bella's God of Thunder ) for relationships including new GMT Time : 14:56 PM GMT Changed from 10:21 AM GMT. i will re-check my charts in 4 Hours. Bella
Date : 14.06.2023
GMT Time : 04:01 AM

I know this is more than 4 hours, I worked on my other indicator Bella's Hot Zones which is not ready to use yet , Little bit on the Bella's Artificial Intelligence and slept.
My Situation is this, currently i am still in the same trade, Bella's Resistance : 1.26215 should protect my position. Target 1st Bella's Price Projection 1 : 1.25294

Bella's GMT Switch v1.5
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Goddess of Thunder..
  • #751,380
  • Jun 13, 2023 11:24pm Jun 13, 2023 11:24pm
Quoting ForexIkeja
We make our trades but the markets plays as it wants . I see GBPUSD. Going above 1.26500 in the next few hours Before falling downwards So I advice BUY Gbpusd now for 40 pips minimum to 1.265 or 1.2660 Before selling .
Buying at a resistance zone isnt really my type.
Never worked for me.
Always stopped out first then up resumes.
More time in the market, does not mean you trade better!
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