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Cable Update (GBPUSD)

  • #756,601
  • Jul 7, 2023 3:58am Jul 7, 2023 3:58am
Quoting TheWraith
"Mr. Yen" said he sees USD/JPY at 160. Time to start preparing Short Orders. NFP likely to come out hot as hell. However, this will only provide a better price to start Shorting. Inflation falling at rapid pace, by 1% each Month in the last 3 Months. If this continues, Fed has messed up and overtightened. Core inflation lags behind always.
I have said this for a while, but I don't think it has everything to do with consumer inflation. It has to do with maintaining reserve currency status. The 2017 tax cuts are the real catalyst, but nobody is going to talk about that.
Trade at your own risk.
  • #756,602
  • Jul 7, 2023 4:00am Jul 7, 2023 4:00am
...upside move off current dly lo comes to grief (for now?) @ bottom of the prev 1hr sw hi zone = prev res = pot res, that extends to asian hi/current dly hi

1hr below
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Trader with an Edge.
  • #756,603
  • Jul 7, 2023 4:00am Jul 7, 2023 4:00am
Quoting Moty
{image}
i hope down first took my TP then go up Moty
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Trade safe buddy
Cheers
my loss is your gain
  • #756,604
  • Jul 7, 2023 4:01am Jul 7, 2023 4:01am
Who here is the best scalper of FF? i think this is the excellent time to practice scalping.
You have an IQ lower than 90 if you interact with this user.
  • #756,605
  • Jul 7, 2023 4:02am Jul 7, 2023 4:02am
Quoting voeltoez
2750 is a great wall..if break im pretty sure 1.2800 will be kissed
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #756,606
  • Jul 7, 2023 4:03am Jul 7, 2023 4:03am
Quoting TheWraith
"Mr. Yen" said he sees USD/JPY at 160. Time to start preparing Short Orders. NFP likely to come out hot as hell. However, this will only provide a better price to start Shorting. Inflation falling at rapid pace, by 1% each Month in the last 3 Months. If this continues, Fed has messed up and overtightened. Core inflation lags behind always.
PCE Index is still going up too so they could really overdo it.
Trade at your own risk.
  • #756,607
  • Jul 7, 2023 4:04am Jul 7, 2023 4:04am
Quoting Fx3423454
{quote} I have said this for a while, but I don't think it has everything to do with consumer inflation. It has to do with maintaining reserve currency status. The 2017 tax cuts are the real catalyst, but nobody is going to talk about that.
Hi. Yeh, the petro$ is already under threat, but until a viable alternative to the $ is found it will likely continue as world's reserve currency. I don't think anyone in the west will stomach the Yuan as the world's reserve currency which is the only real alternative in the present system of money.
Trader with an Edge.
  • #756,608
  • Jul 7, 2023 4:06am Jul 7, 2023 4:06am
Update : 07.07.2023

I wanted to re-update using the newer version beta 1.7 B that now includes the Bella's GBPUSD road map. Now, 1.27130 is the Major Pivot and 1.27690 is the Top of the current trading range . If the GBPUSD moves higher above the 1.27690 it will try to enter the new Trading Range which starts only from 1.28260 .

Unfortunately , i have no trades for today coming from Bella's Date Forecasting there is no Time Squaring with Date today like yesterday , so i will continue working with Bella's Fair Value Analysis .

Bella's Blue ( beta v1.7 B )

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Goddess of Thunder..
  • #756,609
  • Jul 7, 2023 4:07am Jul 7, 2023 4:07am
scalping short only...almost lost control but im survived..
enough ammo for nfp..
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  • #756,610
  • Jul 7, 2023 4:09am Jul 7, 2023 4:09am
Quoting Ferna
Who here is the best scalper of FF? i think this is the excellent time to practice scalping.
Mas Voeltoez are excellent sclaper
And Moty one of the best trader with excellent attitude
Cheers
my loss is your gain
  • #756,611
  • Jul 7, 2023 4:11am Jul 7, 2023 4:11am
As expected of GU lol,
Updown sweep yesterday, then tight range market till NFP to unload the whole move.
Exhausted
  • #756,612
  • Jul 7, 2023 4:12am Jul 7, 2023 4:12am
Uj went down without taking buyside…thus leaving us with no opportunity to trade. Very painful.
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My telegram: https://t.me/avidforex
  • #756,613
  • Jul 7, 2023 4:15am Jul 7, 2023 4:15am
Quoting voeltoez
{quote} im shorting GA too..targetting 1.911 before nfp
I'm only looking at 1.914 max for my targets, planning to close most around 1.915 ~ 1.916 area.
Almost there.
Exhausted
  • #756,614
  • Jul 7, 2023 4:17am Jul 7, 2023 4:17am
Quoting Bogdanoff
{quote} Mas Voeltoez are excellent sclaper And Moty one of the best trader with excellent attitude Cheers
aameenn...
but real scalper dont have time to post profit in ff lol....
  • #756,615
  • Jul 7, 2023 4:18am Jul 7, 2023 4:18am
Quoting BigNumbers
Uj went down without taking buyside…this leaving us with no opportunity to trade. Very painful. {image}
Holy crap, I just checked after you posted the chart.
I had plans to short UJ but didn't expect such one sided move... whew. (Didn't take the trade)
110 pips and counting.
Exhausted
  • #756,616
  • Jul 7, 2023 4:20am Jul 7, 2023 4:20am
Quoting voeltoez
{quote} gap up and down twice...then flat
This is what i would do if i want to go up. I will go close to previous high then reverse down, induce more sells then move up....and vice versa
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  • #756,617
  • Jul 7, 2023 4:23am Jul 7, 2023 4:23am
With last H4 candle price has tested 1.27500 and didn't go beyond it. Thus, H4 TF still remains in downtrend.
  • #756,618
  • Jul 7, 2023 4:29am Jul 7, 2023 4:29am
Quoting Halfcents
{quote} This is what i would do if i want to go up. I will go close to previous high then reverse down, induce more sells then move up....and vice versa {image}
i'd like wait 1hr after news for clearer direction
  • #756,619
  • Jul 7, 2023 4:33am Jul 7, 2023 4:33am
NFP to come out better than forecast for the 15th time or is it finally over?
  • #756,620
  • Jul 7, 2023 4:33am Jul 7, 2023 4:33am
Quoting Waveskierrob
{quote} how could you possibly know that, thought my system was sacrid, just don't tell anyone else...

mate I’ve been using that all my life! do feel the coin is heavier on one side though
Insane in the Brain..
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