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Cable Update (GBPUSD)

  • #756,461
  • Jul 6, 2023 9:54am Jul 6, 2023 9:54am
Quoting BeeTogether
So jolts was lower but ISM was much higher than expected. Seems that all the news has equaled itself out. If 127 don’t crack easily then tomorrow could be a bullish day.
Well said Buddy, couldn't wait tomorrow though so I have a buy position now,
My expectations: NFP number will be green tomorrow
If we will have a green NFP number this means there is great chance that cable will be bullish to accomodate tomorrow red spike, of course if there will be a red spike

Hey don't get me wrong we are talking in terms of probability here, that's the beauty of it , if am wrong then I'll take a loss gracefully
Go bulls go
I live in the future
  • #756,462
  • Jul 6, 2023 9:55am Jul 6, 2023 9:55am
bought for retrace.

The price should not break 2670 for today
Intraday only.
  • #756,463
  • Jul 6, 2023 9:55am Jul 6, 2023 9:55am
Quoting Pat Chiko
{quote} GU FVG filled on RSF With BOS/CHoCH formation Repeat the process.... Onya Marx, getset.......{image}


GU

Double stopped out.
One Revenge Trading coming up......
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #756,464
  • Jul 6, 2023 9:59am Jul 6, 2023 9:59am
Quoting Pat Chiko
{quote} GU Double stopped out. One Revenge Trading coming up......{image}
revenge is always the best way to act
  • #756,465
  • Jul 6, 2023 10:01am Jul 6, 2023 10:01am
Quoting Whale
daily down pattern invalid now. it can go up to a new yearly high. but im not going to trade it
imo bulls will take the jackpot in the end based on daily price action.
i dont care about the falling knife.. this will promise heavy buyers.

But this is my opinion.
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  • #756,466
  • Jul 6, 2023 10:04am Jul 6, 2023 10:04am
Nfp tomorrow will drag GU one more leg down.
So far nfp > consensus, but last month, market reaction was low on nfp
More time in the market, does not mean you trade better!
  • #756,467
  • Jul 6, 2023 10:06am Jul 6, 2023 10:06am
Quoting genadi
{quote} revenge is always the best way to act
I have been keeping close tabs on EUR/AUD trades as it always moves in sync with the S&R zone.
(see the other room)
It is less manipulative and does not spike all over the place.
With GU, I have always ended up in revenge trades.

I think GU is high on something like white stuff...........
That is why they call it The "WHITE" House....
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #756,468
  • Jul 6, 2023 10:08am Jul 6, 2023 10:08am
hard lesson for me is be adaptive to PA..
forget about TP, just cut it when its hot..
PA might get reverse so deep like today.. zzzz
  • #756,469
  • Jul 6, 2023 10:12am Jul 6, 2023 10:12am
Quoting TheWraith
Glad I got out. I risked staying in the trade once and wasn't gonna test my luck for the second time. Now, NFP tommorow. If NFP comes out hot I will keep an eye for potential intervention by Japan.
Had some shorts in UJ got it screwed.
It was a good setup, Range BO + RT.
SL took care of it.
More time in the market, does not mean you trade better!
  • #756,470
  • Jul 6, 2023 10:12am Jul 6, 2023 10:12am
Tomorrow's likely a continuation of sell.
However it might recover and make a daily high before moving lower to 1.263 areas
Exhausted
  • #756,471
  • Jul 6, 2023 10:14am Jul 6, 2023 10:14am
Quoting Elysion
Tomorrow's likely a continuation of sell. However it might recover and make a daily high before moving lower to 1.263 areas
Very likely, but those who are shorts would have already stopped out also, along with the longs.
Only winners are the hedgers with no sl.
More time in the market, does not mean you trade better!
  • #756,472
  • Jul 6, 2023 10:15am Jul 6, 2023 10:15am
Quoting Pat Chiko
{quote} I have been keeping close tabs on EUR/AUD trades as it always moves in sync with the S&R zone. (see the other room) It is less manipulative and does not spike all over the place. With GU, I have always ended up in revenge trades. I think GU is high on something like white stuff........... That is why they call it The "WHITE" House....{image}
Yeah, there are certain pairs which are less manipulative however the conversion rate are usually lower for $ per pip.
Even EU is showing smoother PA recently, while GU is very manipulative.
Exhausted
  • #756,473
  • Jul 6, 2023 10:19am Jul 6, 2023 10:19am
Done for the day.
Had more losers during NY before I get a winning trade.
Lose 10 pips, win 20 pips.
Sigh. Hopefully I can do it consistently.
Checking daily chart and weekly chart has been helping a lot.
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Exhausted
  • #756,474
  • Edited 10:43am Jul 6, 2023 10:21am | Edited 10:43am
so clean a little to see my yearly chart , still chances to play my way , yearly doji 2023 , so waiting 2590 and 2535 breaks , with confirman 2326 , this is medium term analysis , may not reflect any present days !but all levels may taken up by weeks / this month. anyway monthly bull pressure likely very strong for 3159 breaks for 3330 before below 2535 breaks and hold . in that care may need again 2 months + and then it may difficult reach below 1290 abd back over 1910 to have a doji year !!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #756,475
  • Jul 6, 2023 10:31am Jul 6, 2023 10:31am
Checking news schedule.
Tomorrow's a big day but the way that the 5 major impact news are clump together spells disaster.
Guess I'll avoid news trading tmrw and trade the regulars PA.
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Exhausted
  • #756,476
  • Jul 6, 2023 10:33am Jul 6, 2023 10:33am
Buy stop
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  • #756,477
  • Jul 6, 2023 10:33am Jul 6, 2023 10:33am
Gu long
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My telegram: https://t.me/avidforex
  • #756,478
  • Jul 6, 2023 10:40am Jul 6, 2023 10:40am
The happiest guy in the world ( atleast in Forex factory ) is NAVK today.

Yeah, I passed phase 2 and earned yet another 100 k account today.

The overall profit in this account, as well as today profits are posted.

I will not be saying total sell day today.

I bought at the deep down for retrace by which I earned some.

I will now merge 2 x 100k trading accounts and start to trade.
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Intraday only.
  • #756,479
  • Jul 6, 2023 10:43am Jul 6, 2023 10:43am
Quoting navk
The happiest guy in the world ( atleast in Forex factory ) is NAVK today. Yeah, I passed phase 2 and earned yet another 100 k account today. The overall profit in this account, as well as today profits are posted. I will not be saying total sell day today. I bought at the deep down for retrace by which I earned some. I will now merge 2 x 100k trading accounts and start to trade. {image} {image}
Nice work! Welcome back navk!
You have an IQ lower than 90 if you interact with this user.
  • #756,480
  • Jul 6, 2023 10:47am Jul 6, 2023 10:47am
Quoting Elysion
Checking news schedule. Tomorrow's a big day but the way that the 5 major impact news are clump together spells disaster. Guess I'll avoid news trading tmrw and trade the regulars PA. {image}

Ahhhh.. Bro.
That is super easy... like the Drag Queen said it "easy peasy".

Here, some tips how to analyse chart for NFP .......
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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