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Cable Update (GBPUSD)

  • #759,421
  • Jul 19, 2023 12:22am Jul 19, 2023 12:22am
[quote=Waveskierrob;14503373]
Quoting Fx3423454
{quote} Once you figure out when volatility will happen you don't need to predict anything.[/quote {image}
why you posting my girlfriend?
  • #759,422
  • Jul 19, 2023 12:35am Jul 19, 2023 12:35am
I’m expecting CPI to spike up for a subsequent sell off below 1.30.
  • #759,423
  • Jul 19, 2023 12:41am Jul 19, 2023 12:41am
Quoting Bella.al
{quote} Going for Long Long GBPUSD : 1.30177 S/L : 1.29932 T/P (max) : 1.33061 Bella's Blue ( beta v1.7 G ) {image}

Update : there are some Bugs in beta v1.7 G , i found out too late as i put it already in progress ( taking trades ) . I am addressing it and v1.7.H is coming soon. yes yes it is frustrating but it is Ok , if the program is taking more than 1 week to develop this can happen , just ask Microsoft .


Bella
Goddess of Thunder..
  • #759,424
  • Jul 19, 2023 12:43am Jul 19, 2023 12:43am
Quoting Fx3423454
How much will CPI move GBPUSD?
It's clear the trend is down, however I expect price to retrace back up to 1.30300 and finally 1.30600, then drops!
If price gets to 1.30600, that's huge discount to sell from. That's what I'm anticipating.
Alternatively, anything can happen cos we don't own the market .
Trade safe!
  • #759,425
  • Jul 19, 2023 12:50am Jul 19, 2023 12:50am
UK GDP -0.1%
Higher CPI= stickier
More BOE rate
More recession => GBP weaken?

Lower CPI =>Less BOE rate
GBP weaken


Unless the market decide it otherwise
More time in the market, does not mean you trade better!
  • #759,426
  • Jul 19, 2023 12:51am Jul 19, 2023 12:51am
Quoting Bella.al
{quote} Update : there are some Bugs in beta v1.7 G , i found out too late as i put it already in progress ( taking trades ) . I am addressing it and v1.7.H is coming soon. yes yes it is frustrating but it is Ok , if the program is taking more than 1 week to develop this can happen , just ask Microsoft . Bella

Update :

So, i have a Bullish Sentiment in progress if it can hold for Price Objective 1 : 1.30898

Bella's Blue ( beta v1.7 G )
Attached Image (click to enlarge)
Click to Enlarge Name: BellaBlue_01.png Size: 16 KB
Goddess of Thunder..
  • #759,427
  • Jul 19, 2023 12:55am Jul 19, 2023 12:55am
Quoting Fx3423454
{quote} Once you figure out when volatility will happen you don't need to predict anything.
I would like to know wen?
More time in the market, does not mean you trade better!
  • #759,428
  • Jul 19, 2023 1:00am Jul 19, 2023 1:00am
Quoting Bella.al
{quote} Update : So, i have a Bullish Sentiment in progress if it can hold for Price Objective 1 : 1.30898 Bella's Blue ( beta v1.7 G ) {image}

sl is hit -24 Pips
Goddess of Thunder..
  • #759,429
  • Jul 19, 2023 1:02am Jul 19, 2023 1:02am
Quoting Scotteyy
I’m expecting CPI to spike up for a subsequent sell off below 1.30.
This didnt go to plan but I sold anyway, GBP can go to the ground now.
  • #759,430
  • Jul 19, 2023 1:02am Jul 19, 2023 1:02am
Quoting Bella.al
{quote} Update : there are some Bugs in beta v1.7 G , i found out too late as i put it already in progress ( taking trades ) . I am addressing it and v1.7.H is coming soon. yes yes it is frustrating but it is Ok , if the program is taking more than 1 week to develop this can happen , just ask Microsoft . Bella

bugs of long GU?
demo tok kenal barey boh!
  • #759,431
  • Jul 19, 2023 1:04am Jul 19, 2023 1:04am
Quoting kenny4real
{quote} It's clear the trend is down, however I expect price to retrace back up to 1.30300 and finally 1.30600, then drops! If price gets to 1.30600, that's huge discount to sell from. That's what I'm anticipating. Alternatively, anything can happen cos we don't own the market . Trade safe!
They decided to do a Straightaway fall...Lolz.
Nice one
  • #759,432
  • Jul 19, 2023 1:05am Jul 19, 2023 1:05am
Quoting Scotteyy
{quote} This didnt go to plan but I sold anyway, GBP can go to the ground now.
It did, went up to touch 4hr Flag limit which is also a 1hr FL (or Supply zone you may call it)
More time in the market, does not mean you trade better!
  • #759,433
  • Jul 19, 2023 1:07am Jul 19, 2023 1:07am
Quoting Fardeen1209
{quote} It did, went up to touch 4hr Flag limit which is also a 1hr FL (or Supply zone you may call it)
Yes i kinda guessed when we saw that buying on the 15m candle before the news it was gonna drop. For spike up to happen i'd have liked a little sell off prior to the news. We blasted through weekly pivot which means down for the rest of the week. Sell all retraces imo
  • #759,434
  • Jul 19, 2023 1:08am Jul 19, 2023 1:08am
Quoting voeltoez
{quote} target 1.2980 before LO
target met...now im looking for bull
  • #759,435
  • Jul 19, 2023 1:11am Jul 19, 2023 1:11am
Quoting voeltoez
{quote} target met...now im looking for bull
Be careful longing this, im expecting 1.29 today.
  • #759,436
  • Jul 19, 2023 1:13am Jul 19, 2023 1:13am
Quoting Scotteyy
{quote} Be careful longing this, im expecting 1.29 today.
gap need to be filled before normal bear movenment..
  • #759,437
  • Jul 19, 2023 1:15am Jul 19, 2023 1:15am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 17 KB
yes yes yes
  • #759,438
  • Jul 19, 2023 1:15am Jul 19, 2023 1:15am
Quoting voeltoez
{quote} gap need to be filled before normal bear movenment..
The gap at 1.3030 area? That aint getting filled for a long time. Just my opinion.
  • #759,439
  • Jul 19, 2023 1:15am Jul 19, 2023 1:15am
Bad news GBP CPI
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #759,440
  • Jul 19, 2023 1:15am Jul 19, 2023 1:15am
Quoting voeltoez
{quote} gap need to be filled before normal bear movenment..
Which gap?
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