Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#822,281
Apr 19, 2024 7:48am Apr 19, 2024 7:48am

Godspromise
Joined Jul 2023 | Status: Aspiring trader | 1,132 Posts

Quoting Zebi

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ill still be looking to short UJ again

Ignored

I'm looking to short gbpjpy I'm looking for a strong rejection on the 4 hr resistance or liquidity area.

#822,282
Apr 19, 2024 7:58am Apr 19, 2024 7:58am

Godspromise
Joined Jul 2023 | Status: Aspiring trader | 1,132 Posts

4 hr closure below 192.323 for gbpy jpy is a selling opportunity but have to be careful no closure below mean 4 hr 192.787 is the next resistance

#822,283
Apr 19, 2024 8:01am Apr 19, 2024 8:01am

Zebi
Joined May 2022 | Status: Trader | 8,031 Posts

Quoting Godspromise

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{quote} I'm looking to short gbpjpy I'm looking for a strong rejection on the 4 hr resistance or liquidity area.

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daily sure does look top heavy like its rolling over

of course we need bonzeys 17 year experience to make the final declaration and then do the opposite

short trump and go long the deepstate

#822,284
Apr 19, 2024 8:06am Apr 19, 2024 8:06am

Fardeen1209
Temporarily Suspended | Joined Jul 2021 | 3,677 Posts

Quoting Whatevs

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BoJ's Yoshimitsu: "SPECULATORS ABOUT TO BE DEALT WITH"

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Could BOJ next week give a fatal blow to the market by delivering another 10bps hike and cut bond buying.
Intervention had not been effective in terms of outcome, just look like a correction which get absorbed, since intervention wont chnage the interest rate differential.

More time in the market, does not mean you trade better!

#822,285
Apr 19, 2024 8:08am Apr 19, 2024 8:08am

birdland
Joined Aug 2010 | Status: absolute beginner | 5,463 Posts

Quoting birdland

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shorts secured and taken partial profits {image}

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luckily stopped out;-)

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trading is like dancing, don't think and just listen to the music!

#822,286
Apr 19, 2024 8:28am Apr 19, 2024 8:28am

Godspromise
Joined Jul 2023 | Status: Aspiring trader | 1,132 Posts

Quoting Zebi

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{quote} daily sure does look top heavy like its rolling over of course we need bonzeys 17 year experience to make the final declaration and then do the opposite

Ignored

yeah those huge rejections and not much buying pressure to break the resistance area im watching if i get a rejection on the 1 hr jumping in

#822,287
Apr 19, 2024 8:52am Apr 19, 2024 8:52am

Fardeen1209
Temporarily Suspended | Joined Jul 2021 | 3,677 Posts

Quoting Fardeen1209

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{quote} Could BOJ next week give a fatal blow to the market by delivering another 10bps hike and cut bond buying. Intervention had not been effective in terms of outcome, just look like a correction which get absorbed, since intervention wont chnage the interest rate differential.

Ignored

UJ already at Resistance Zone
Waiting for a good short setup. PA already at 30mins Supply zone, which is also 1hr and 4hr Sz.
However, i want to see COT report tonight before just jumping onto the trade, then next Monday you saw, market traded against you.

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Catching the top or bottom should not be the objective, but be on the right side.
If we saw rejection, Monday we can always our sweet spot to enter shorts.

More time in the market, does not mean you trade better!

#822,288
Apr 19, 2024 8:57am Apr 19, 2024 8:57am

Whatevs
Joined Mar 2022 | Status: Trader | 1,275 Posts

Quoting Fardeen1209

Disliked

{quote} UJ already at Resistance Zone Waiting for a good short setup. PA already at 30mins Supply zone, which is also 1hr and 4hr Sz. However, i want to see COT report tonight before just jumping onto the trade, then next Monday you saw, market traded against you. {image} Catching the top or bottom should not be the objective, but be on the right side. If we saw rejection, Monday we can always our sweet spot to enter shorts.

Ignored

If intervention happens and drops the price to 149, then I'll start buying. and hold for 155+.

In a grand scheme of things intervention would be nothing more but a fast Weekly retracement on USD/JPY for the Buy that started at 146.5.

#822,289
Apr 19, 2024 8:58am Apr 19, 2024 8:58am

Zebi
Joined May 2022 | Status: Trader | 8,031 Posts

Quoting Godspromise

Disliked

{quote} yeah those huge rejections and not much buying pressure to break the resistance area im watching if i get a rejection on the 1 hr jumping in

Ignored

I wouldn't short off the hourly on a Friday...wait nearer the close for a 4H or daily signal

BOJ eating too much sushi and got their brains infected with fish parasites and cant think straight

hedge funds got no respect for them anymore that's why they at record yen shorts so it can fall somemore before suzuki and ueda does something

I love sushi and sashimi and used to eat the raw shit till I got too scared so now I just eat the California roll since it doesn't have any raw fish

short trump and go long the deepstate

#822,290
Apr 19, 2024 9:03am Apr 19, 2024 9:03am

Godspromise
Joined Jul 2023 | Status: Aspiring trader | 1,132 Posts

Quoting Zebi

Disliked

{quote} I wouldn't short off the hourly on a Friday...wait nearer the close for a 4H or daily signal BOJ eating too much sushi and got their brains infected with fish parasites and cant think straight hedge funds got no respect for them anymore that's why they at record yen shorts so it can fall somemore before suzuki and ueda does something

Ignored

yeah bro so true I normally jump in after a 4 hrs closure thanks for helping me with me compulsions

#822,291
Apr 19, 2024 9:16am Apr 19, 2024 9:16am

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

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yes yes yes

#822,292
Apr 19, 2024 9:16am Apr 19, 2024 9:16am

Fardeen1209
Temporarily Suspended | Joined Jul 2021 | 3,677 Posts

Quoting Whatevs

Disliked

{quote} If intervention happens and drops the price to 149, then I'll start buying. and hold for 155+. In a grand scheme of things intervention would be nothing more but a fast Weekly retracement on USD/JPY for the Buy that started at 146.5.

Ignored

I dont think intervention will happen, given we are a week away from BOJ meeting.
If Price continue to increase irrationally, may be some verbal intervention would be appropriate. Because it costs billions for an actual intervention program.

More time in the market, does not mean you trade better!

#822,293
Apr 19, 2024 9:22am Apr 19, 2024 9:22am

Pat Chiko
| Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts

Quoting Pat Chiko

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{quote} GOLD Depending on luck to reach next target. I hope my guessing is right.{image} P/S Donot copy this trade, as it is 99.9% based on guessing.

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GOLD

Update scalping position

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I come from the future.

Karen X Mas Bonus 2025 All Time Profit: $15,104

#822,294
Apr 19, 2024 9:23am Apr 19, 2024 9:23am

Pat Chiko
| Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts

Quoting Pat Chiko

Disliked

{quote} GU Update scalping position. Possible on two option on set up today. Ready to react to the price action. Bear corrective mode{image} Bull continuation{image} This is only my newbie view. Do not attempt to copy it as it is 99.9% I may got it wrong. There are many professional who can give better signal than me in this thread.

Ignored

GU

Update scalping position

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