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Cable Update (GBPUSD)

  • #756,141
  • Jul 5, 2023 10:50am Jul 5, 2023 10:50am
Quoting Bella.al
{quote} Quick update on the position . So i went Short on GBPUSD at Bella's 13:38 GMT on Bella's Reversal Date 05.07.2023 due to Time Squaring Date . Currently i have a resistance line which should keep the pressure on Bulls . I am also waiting to start trailing waiting for price targets. Resistance on Chart : 1.27226 frm 03.07.2023 Bella's Blue ( beta ver 1.7 ) {image}
Update:
The resistance line from last chart worked very well. Please note that these type of line (S/R) have time validity due to lets say some reason crowd is not sure what to do and matters are hot so definitely there was some resistance. ( i will remove this line with in 30 minutes ).

Bella's Blue
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Goddess of Thunder..
  • #756,142
  • Jul 5, 2023 10:54am Jul 5, 2023 10:54am
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yes yes yes
  • #756,143
  • Jul 5, 2023 11:03am Jul 5, 2023 11:03am
Hopefully FOMC will provide better price to go Long again on USD/JPY. Then I hold Long until intervention takes place. Trailing Stop recommended.
  • #756,144
  • Jul 5, 2023 11:04am Jul 5, 2023 11:04am
Quoting TheWraith
{quote} I hate this shit. Slightly larger SL (2 pips more) and I would be in profit 30 pips by now. SL hit. Now that I think about it, SL will be far away from now on, basically just in case if some nuke drops and market goes crazy.
Providing you have enough capital for the drawdown and enough to keep on trading,
average dude treading water
  • #756,145
  • Jul 5, 2023 11:08am Jul 5, 2023 11:08am
Quoting JereMi256
{quote} Sad to know, the range is tilting to a bullish breakout. LO session was giving bearish clues but bears failed to deliver. Now NY session flipped to test yesterday's high. FOMC anticipation is holding price, let's keep a wide SL of atleast 10pips from a good entry or stayout.
you can do with your account whatever you like
  • #756,146
  • Jul 5, 2023 11:10am Jul 5, 2023 11:10am
Quoting Wavegarrick
{quote} A pity Whale, you had a beautiful entry. As for me I would love to have beautiful entries and usually my first trade not good. Cheers. {image}
waveG
the daily resistance between the two white lines sitting in my head..
wonderful entries comes and go..
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  • #756,147
  • Jul 5, 2023 11:10am Jul 5, 2023 11:10am
I have a m5 bullish regular divergence in my system and kinda looking like double bottom for now.
Waiting for it to play out.
Either go up or take my SL.
Exhausted
  • #756,148
  • Jul 5, 2023 11:14am Jul 5, 2023 11:14am
good ranging . so another chance at arounds 2700 to bounce for 2730 or fail here or after for to 2680 and down to 50
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #756,149
  • Jul 5, 2023 11:14am Jul 5, 2023 11:14am
Gud scalping day guys

call it a day
MY OPINION NOT FINANCIAL ADVISE
  • #756,150
  • Jul 5, 2023 11:14am Jul 5, 2023 11:14am
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #756,151
  • Jul 5, 2023 11:18am Jul 5, 2023 11:18am
Quoting donfriday
Gud scalping day guys call it a day
Take care,
I'm closing mine soon.
Exhausted
  • #756,152
  • Jul 5, 2023 11:24am Jul 5, 2023 11:24am
Still bullish
be a thinker before being a reacter
  • #756,153
  • Jul 5, 2023 11:28am Jul 5, 2023 11:28am
Apparently today is a strong scalp day instead of one-sided move.
Keep seeing GU move both ways.
Ah, should've went for the extreme scalp mode.
Exhausted
  • #756,154
  • Jul 5, 2023 11:32am Jul 5, 2023 11:32am
Quoting Moty
{image} {image}
finally moty has agreed with me on this sell…. Now let’s wait to FOMC in 1hr 30min to crash down.
  • #756,155
  • Jul 5, 2023 11:45am Jul 5, 2023 11:45am
Quoting OperaniyiFx
{quote} finally moty has agreed with me on this sell…. Now let’s wait to FOMC in 1hr 30min to crash down.
Operaniy,
I am gonna be brutally honest with you. If you rely on these big market events to dictate price to you, you could be on the losing end. Most of the time market price and movement is dictated before the event. I could be wrong but if you lose that fear then you have stepped to the next level.
Cheers.
Trade to trade another day
  • #756,156
  • Jul 5, 2023 11:54am Jul 5, 2023 11:54am
It's only FOMC minutes, a non event normally
I play the trade gamble to feed my Porsche addiction.
  • #756,157
  • Jul 5, 2023 12:02pm Jul 5, 2023 12:02pm
The tales of crooky gu
Dx is at the high of the day
Eu is at low at the day
And mister gu is somewhere in the middle
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yes yes yes
  • #756,158
  • Jul 5, 2023 12:03pm Jul 5, 2023 12:03pm
I believe the dx will close today at least one gap today
He has left. A gap at 103.500 and at 104.060
yes yes yes
  • #756,159
  • Jul 5, 2023 12:07pm Jul 5, 2023 12:07pm
Quoting GODofMC
{quote} and it look like my time has come too
Yes! It looks like it is time for you to have that rare huge win and shoot to the top of the Leaderboard!
To free Gazans of Hamas, use whatever it takes.
  • #756,160
  • Jul 5, 2023 12:09pm Jul 5, 2023 12:09pm
I see a lot of MM wicks on H4. Who getting their liquidity snatched?
be a thinker before being a reacter
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