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Cable Update (GBPUSD)

  • #761,701
  • Jul 27, 2023 9:04am Jul 27, 2023 9:04am
Quoting Lbrto
{quote} what's your call on the yen? No change?
Shorted EUR/JPY at 155.45 and will see tommorow what on Earth is going on with BoJ. Personally, I think it's showtime on Yen tommorow and the drop will continue.
CHF/JPY, after being 100 pips in profit, had to close in a slight loss unfortunately.

I am expecting another drop tommorow based on the Daily chart.
  • #761,702
  • Jul 27, 2023 9:04am Jul 27, 2023 9:04am
I'm late for this short train, but lucky to escape the tricky reversal.
Short @ 1.29528 / 1.2871 /1.28814
expect if pass 1.28500 down, more to 1.27500
actually 1.26 is still my target for GU to complete correction for 1.31 above.
  • #761,703
  • Jul 27, 2023 9:05am Jul 27, 2023 9:05am
Quoting Waveskierrob
{quote} ...but since you said that its only drop 50 pips but went up about 70 pips...one born every minute ... {image}
Maybe should have worded that better but had too much too drink, you know what I mean thought, what I'm trying to say is that FX NO's sucks cock
  • #761,704
  • Jul 27, 2023 9:07am Jul 27, 2023 9:07am
Quoting DubaiFX
{quote} it looks good to sell Pound but we have 3rd August BOE meeting, and thats tricky, to be honest i am confused, for long term i can see Pound at 1.25 but for now i will stay away from the market, i am selling Pound small trade but i will go with Cross pairs rather then GU, GY or GAU or GNZ might be better idea, so i will put in few small lots just to see how things go from here, but i am Not convinced to BUY POUND thats not on the card for me. let see from next week, for now i am trading EURAUD and EURNZD. "but Powell is trying to convince...
Nice, Corss pairs worked Well for me,
GBPAUD GBPNZD EURAUD EURNZD Nice Move,
will wait for Tomorrow AUD data to sell again, it will hopefully go up 100 pips or so then i will sell Again both EUR and Pound against AUD and NZD, those pairs worked very well for me for past few years,
Don't compare your Trades with Others
  • #761,706
  • Jul 27, 2023 9:08am Jul 27, 2023 9:08am
Quoting TheWraith
{quote} Shorted EUR/JPY at 155.45 and will see tommorow what on Earth is going on with BoJ. Personally, I think it's showtime on Yen tommorow and the drop will continue. CHF/JPY, after being 100 pips in profit, had to close in a slight loss unfortunately. I am expecting another drop tommorow based on the Daily chart.
Most of the time BOJ doesn't do anything. JPY stay today strong, probably tomorrow short JPY. But of course if BOJ do something then that will be big.
  • #761,707
  • Jul 27, 2023 9:09am Jul 27, 2023 9:09am
Quoting Eren10
{quote} Most of the time BOJ doesn't do anything. JPY stay today strong, probably tomorrow short JPY. But of course if BOJ do something then that will be big.
Most of traders are expecting a drop in Yen, but I think we will have a surprise tommorow based on the Daily chart that suggests Sell.
  • #761,708
  • Jul 27, 2023 9:11am Jul 27, 2023 9:11am
I’m back long like the fool I am
be a thinker before being a reacter
  • #761,709
  • Jul 27, 2023 9:12am Jul 27, 2023 9:12am
Quoting Bella.al
{quote} So now the plan is to wait until it breaks below Objective 2 1.28114 for Trailing Purposes. Bella.
Attaching chart for above said scenario

Bella's Blue ( beta v1.8 )
Attached Image (click to enlarge)
Click to Enlarge Name: BellaBlue_01.png Size: 17 KB
Goddess of Thunder..
  • #761,710
  • Jul 27, 2023 9:13am Jul 27, 2023 9:13am
Quoting boodvah
I’m back long like the fool I am
This day reminds me of the days where I would go Long 17 times in a day trying to catch the bottom, but bottom never comes.
I don't do that anymore.


GL!
  • #761,711
  • Jul 27, 2023 9:16am Jul 27, 2023 9:16am
Quoting Ferna
Here Pat Chiko fighting americans. https://www.youtube.com/watch?v=XUGO1cRie7o
Lolz...did Pat Chiko ever said he would fight Americans?
  • #761,712
  • Jul 27, 2023 9:18am Jul 27, 2023 9:18am
It's funny, one of my broker's bonus credit cannot be claimed today.
Coincident ? or because they know today is a big trading day?
  • #761,713
  • Jul 27, 2023 9:18am Jul 27, 2023 9:18am
Quoting boodvah
I’m back long like the fool I am
maybe sit on hands and dont be a fool?
How to succeed in zero sum game?
  • #761,714
  • Jul 27, 2023 9:18am Jul 27, 2023 9:18am
Quoting T721
Hidden
"Post of the day"...
  • #761,715
  • Jul 27, 2023 9:19am Jul 27, 2023 9:19am
What a free fall!
I missed this fall, it's so sad but we live to trade another day!

Congratulations to everyone who caught and profited from this monumental fall
  • #761,716
  • Jul 27, 2023 9:20am Jul 27, 2023 9:20am
Quoting Waveskierrob
{quote} "Post of the day"...
  • #761,717
  • Jul 27, 2023 9:21am Jul 27, 2023 9:21am
Quoting TheWraith
{quote} Lol. I have just closed mine too.. Enough is enough.. TP-ed @ 1.29175 {image}
told you there's another one coming!
  • #761,718
  • Jul 27, 2023 9:22am Jul 27, 2023 9:22am
Quoting TheWraith
{quote} This day reminds me of the days where I would go Long 17 times in a day trying to catch the bottom, but bottom never comes. I don't do that anymore. GL!
I definitely understand that, I just don’t see price restructuring for a short trend, at least not now.
be a thinker before being a reacter
  • #761,719
  • Jul 27, 2023 9:23am Jul 27, 2023 9:23am
Quoting dempire1
{quote} maybe sit on hands and dont be a fool?
really? I thought me and you had an understanding
be a thinker before being a reacter
  • #761,720
  • Jul 27, 2023 9:24am Jul 27, 2023 9:24am
Quoting sajad.g
{quote} told you there's another one coming!
but I haven't analyzed this one yet since I had my focus on other pairs. let's see what would happen.
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