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Cable Update (GBPUSD)

  • #830,041
  • Jun 20, 2024 4:22am Jun 20, 2024 4:22am
...not exactly exciting so far today lol! Drop down to 61.8% of Tues lo - y/day hi move @ current dly lo, Dly S1 just below. Will the Boe's Mpc later be a non-event -or- might the vote and statement (open letter) cause a flutter?

1hr below
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Trader with an Edge.
  • #830,042
  • Jun 20, 2024 4:29am Jun 20, 2024 4:29am
Quoting Headland
...Will the Boe's Mpc later be a non-event -or- might the vote and statement (open letter) cause a flutter? 1hr below {image}
i ll wait for retail sales, today BoE interest rate decision is already well known, so i m for a non-event. Better to see the effect of political decision tomorrow
chaos is just unknown order
  • #830,043
  • Jun 20, 2024 4:34am Jun 20, 2024 4:34am
Quoting Headland
...not exactly exciting so far today lol! Drop down to 61.8% of Tues lo - y/day hi move @ current dly lo, Dly S1 just below. Will the Boe's Mpc later be a non-event -or- might the vote and statement (open letter) cause a flutter? 1hr below {image}
I don’t think we get a big movement, unless there is dovish commentary (MPC, minutes etc)
Insane in the Brain..
  • #830,044
  • Jun 20, 2024 4:46am Jun 20, 2024 4:46am
Quoting JayBag
{quote} Closing these here, waiting for a bullish PA for today Let's see Cheers

Nice Trade
MY OPINION NOT FINANCIAL ADVISE
  • #830,045
  • Jun 20, 2024 4:52am Jun 20, 2024 4:52am
Quoting donfriday
{quote} Nice Trade
Thanks, bro.. The current VOLA is slowly turning me into a full time scalper
  • #830,046
  • Jun 20, 2024 4:54am Jun 20, 2024 4:54am
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yes yes yes
  • #830,047
  • Jun 20, 2024 5:03am Jun 20, 2024 5:03am
Quoting JayBag
{quote} Thanks, bro.. The current VOLA is slowly turning me into a full time scalper

yeah cus of that i sometime wait for 3 days to get single trade thats end up with RR 1:1
MY OPINION NOT FINANCIAL ADVISE
  • #830,048
  • Jun 20, 2024 5:38am Jun 20, 2024 5:38am
Quoting ScalaFX
{quote} added to full position at 2333
partials taken, rest all protected, free ride, hope for 2365
People don't plan to lose. They lose because they don't plan.
  • #830,049
  • Jun 20, 2024 5:53am Jun 20, 2024 5:53am
#GBPUSD Likely to continue higher as we have hidden divergence. Chris
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  • #830,050
  • Jun 20, 2024 6:03am Jun 20, 2024 6:03am
Initial down, maybe expected. Haven’t heard statement though about future cuts
Insane in the Brain..
  • #830,051
  • Jun 20, 2024 6:06am Jun 20, 2024 6:06am
Quoting ScalaFX
Ok fresh long 2703 will add
adding 2685, 2690, 2695 buy
People don't plan to lose. They lose because they don't plan.
  • #830,052
  • Jun 20, 2024 6:07am Jun 20, 2024 6:07am
EU up, Gold up, GU missing, will explode
People don't plan to lose. They lose because they don't plan.
  • #830,053
  • Jun 20, 2024 6:08am Jun 20, 2024 6:08am
Nothing. Reset. Onwards. As you were
Emotional Control. Process, not outcome.
  • #830,054
  • Jun 20, 2024 6:09am Jun 20, 2024 6:09am
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yes yes yes
  • #830,055
  • Jun 20, 2024 6:11am Jun 20, 2024 6:11am
Quoting BeeTogether
Initial down, maybe expected. Haven’t heard statement though about future cuts
Yeh. Top of the 4hr part of the prev 1hr/4hr sw lo zone that extends down to tues's lo, and 85.4% tues lo - current dly/wkly hi move is where the bounce came after the initial knee-jerk down move on the (as expected) data release.

4hr/1hr below
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Trader with an Edge.
  • #830,056
  • Jun 20, 2024 6:15am Jun 20, 2024 6:15am
useless pound
  • #830,057
  • Jun 20, 2024 6:17am Jun 20, 2024 6:17am
I don’t think there is a conference either due to the election..

could be a dead one until NYO
Insane in the Brain..
  • #830,058
  • Jun 20, 2024 6:19am Jun 20, 2024 6:19am
Quoting Whale
useless pound
disappointing
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #830,059
  • Jun 20, 2024 6:22am Jun 20, 2024 6:22am
Quoting Yngwie
{quote} disappointing
for weeks..
  • #830,060
  • Jun 20, 2024 6:23am Jun 20, 2024 6:23am
Quoting evansabove57
{quote} I didn't know we are nearly at 08' levels!! That's actually crazy...
lol, the 2020 levels are crazy levels, actually, this level is below the very long-term average.
The US is in the same situation but worse because they subsidise people over all their borrowing for 30Y. That's a tax on anyone who hasn't or can't borrow.
On-site guru & also FF member's' psychiatrist, when not drinking tea
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