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Cable Update (GBPUSD)

  • #757,021
  • Jul 10, 2023 2:23am Jul 10, 2023 2:23am
Quoting Konichiwhaat
{quote} 1 min pin. Short .
Good momentum. SL to BE
Emotional Control. Process, not outcome.
  • #757,022
  • Jul 10, 2023 2:24am Jul 10, 2023 2:24am
some people pre mature longing
Intraday only.
  • #757,023
  • Jul 10, 2023 2:26am Jul 10, 2023 2:26am
Quoting navk
some people pre mature longing
Agreed.
Best time to put a trade, London Open.
Worst time to put a trade, London Open.
More time in the market, does not mean you trade better!
  • #757,024
  • Jul 10, 2023 2:27am Jul 10, 2023 2:27am
i will not be shake or baked
mf , you will show me the money on my long trades
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yes yes yes
  • #757,025
  • Jul 10, 2023 2:29am Jul 10, 2023 2:29am
Quoting navk
some people pre mature longing
price will go to 1.28366
this is regular whipsaw
yes yes yes
  • #757,026
  • Jul 10, 2023 2:29am Jul 10, 2023 2:29am
First attempt to break 128 failed. Let’s see if we can see a decent break go back towards 127
Insane in the Brain..
  • #757,027
  • Jul 10, 2023 2:31am Jul 10, 2023 2:31am
Quoting Konichiwhaat
{quote} Good momentum. SL to BE
Close to TP. SL tightened
Emotional Control. Process, not outcome.
  • #757,028
  • Jul 10, 2023 2:33am Jul 10, 2023 2:33am
Quoting Moty
i will not be shake or baked mf , you will show me the money on my long trades {image}
Easy Moty! Don't lose your energy this soon!
  • #757,029
  • Jul 10, 2023 2:36am Jul 10, 2023 2:36am
shall I do something ?

Shall I short every bounce of 5 min candle ? Until 9 am est ?

Or shall I wait until 9 am est ?

It is late here...3.35 am

And i am reasonably done too ?
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Intraday only.
  • #757,030
  • Jul 10, 2023 2:37am Jul 10, 2023 2:37am
Quoting dazw6000
Short EJ TP 155.761
Anyone else take this with me?
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Watching & Learning
  • #757,031
  • Jul 10, 2023 2:38am Jul 10, 2023 2:38am
...4hr perhaps shows this prev 1hr/4hr/minor dly sw hi zone = prev res = port rbs better, it's a wide zone on this 4hr t/f and started @ 2835.

4hr below
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Trader with an Edge.
  • #757,032
  • Jul 10, 2023 2:39am Jul 10, 2023 2:39am
Quoting Godspromise
{quote} Brother I concur with everything you type I was keeping well abreast of the British news as well as the US economy which is steadying abit for the moment but British economy is free falling so I know the usd will strengthen in these coming days the rapidity is dependent on the coming news which will do what I believe which is increase the bearish pressure on the market which I am waiting to profit off of.

Many thanks for your bonzer opinion, mate!
I appreciate your comment and have learned a great deal from your post.

As I hear the views and comments of others, it will improve my trading, as these are important to my learning as a newbie in forex trading.

Stay Green and all the best from your trading.
I'm always a learner.

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #757,033
  • Jul 10, 2023 2:42am Jul 10, 2023 2:42am
Quoting Konichiwhaat
{quote} Close to TP. SL tightened
Bid price hit TP twice (2800), but the Ask price didn't quite get there. Still a nice 16 pip trade and a short day
Emotional Control. Process, not outcome.
  • #757,034
  • Jul 10, 2023 2:44am Jul 10, 2023 2:44am
Long
Emotional Control. Process, not outcome.
  • #757,035
  • Jul 10, 2023 2:49am Jul 10, 2023 2:49am
Quoting TheWraith
{quote} Collapse. Maybe too strong of a word, however! if CPI Y/Y comes out at 3% and especially below that, market will dump USD immediately and start pricing in Fed cutting rates as soon as possible. Core inflation lags behind, as in the past.
summer is coming and bringing more inflation with it, those people that is earning more pn average is going to spend their money so yeah we never know, also if CPI came 3.1% basically would still be above two percent.
  • #757,036
  • Jul 10, 2023 2:49am Jul 10, 2023 2:49am
Quoting Bella.al
{quote} Update: So i was seeking some demand to be seen above 1.27973 lvl. Which can now be seen easily on the chart . One important point, this confluence that is created by Camarilla L3 and Previous D1 Resistance Now Support should not be used tomorrow as this is attached to Today's Cam L3 Level . There seems to be some bullish pressure which could result in absorbing all the previous supply. Since i am not trading i will not analyze further. Bella's Blue (Beta v.1.7.D) {image}
Cable Update : Bella's Date Forecasting:

In the weekend i posted major level : 1.28830 which is part of Bella's GBPUSD Road map and now integrated into beta v1.7.D .
I am joining the Bears in 5.5 Hours ( probably getting moderately over bought at these levels ), we shall see when the trade starts

Bella's Blue ( beta v1.7.D )
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Goddess of Thunder..
  • #757,037
  • Jul 10, 2023 2:49am Jul 10, 2023 2:49am
Quoting BeeTogether
First attempt to break 128 failed. Let’s see if we can see a decent break go back towards 127
My guess is that to break 2800 we either need more consolidation or a small push higher to trap more people long.
  • #757,038
  • Jul 10, 2023 2:49am Jul 10, 2023 2:49am
i feel something fishy
switched to short
if price will go up to 1.28366 i will add to my position
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yes yes yes
  • #757,039
  • Jul 10, 2023 2:53am Jul 10, 2023 2:53am
Quoting BadBunny
{quote} summer is coming and bringing more inflation with it, those people that is earning more pn average is going to spend their money so yeah we never know, also if CPI came 3.1% basically would still be above two percent.
Yes, you are correct about the summer spending. Although 3.1% is still above 2%, it's very near the target, we are talking about 1% more and Fed has achieved it's goal of 2% way too prematurely in the eyes of Fed's Powell. Looking at China, inflation is gone. Probably another QE coming.

We'll see the data first and then we will know more.
  • #757,040
  • Jul 10, 2023 2:55am Jul 10, 2023 2:55am
Maintaining here - will add another short if bearish H+S plays out on M5
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