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Cable Update (GBPUSD)

  • #875,461
  • Jul 1, 3:26am (4 hr ago) Jul 1, 3:26am (4 hr ago)
Quoting AK.47
{quote} AHHHHH GOTCHA, Frankfurt opens an hour before london, that's why since the last 2 bludclart weeks I've been seeing these horrendous 15-20 pips move into the opposite direction, I've lost SO MUCH because of this. Trades that were 2.5RR complete on a 3RR setup or 1.25-1.5RR there on a 2RR setup just go and hit BE/SL. I started noticing this pattern but never knew frankfurt opened an hour BEFORE london ffs. That makes SO much sesne. Appreciate your insight brother and I hope you have a great trading week ahead. May the pips be in your favour!...
Yup and Frankfurt is classically the beginning of the manipulation phase of Asia which normally accumulates liquidity. Problem is Asia trended 30 pips last night and rips through a couple intraday levels. That's a tricky one for Frankfurt to overcome and it will wait for the big fish in London if its going to reverse it.
  • #875,462
  • Jul 1, 3:34am (4 hr ago) Jul 1, 3:34am (4 hr ago)
Quoting buyhighcry
{quote} Yup and Frankfurt is classically the beginning of the manipulation phase of Asia which normally accumulates liquidity. Problem is Asia trended 30 pips last night and rips through a couple intraday levels. That's a tricky one for Frankfurt to overcome and it will wait for the big fish in London if its going to reverse it.
which is EXACTLY what it did today. London opened, saw a massive dip then a retest back into the highs created before the session open, and now a BOS

Thank you once again for letting me know that, I've now scoured through enough to know that I need to keep this in mind and learn more about it extensively.
  • #875,463
  • Jul 1, 3:59am (4 hr ago) Jul 1, 3:59am (4 hr ago)
Regarding USD/JPY and GBP/USD: during the Tokyo session, I took small profits on GBP/USD a few times, but looking ahead, the pair shows signs of rising, so I will be focusing exclusively on long positions. As for USD/JPY, it remains to be seen if it will break to the downside; betting on an upward move is difficult.
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  • #875,464
  • Jul 1, 5:05am (3 hr ago) Jul 1, 5:05am (3 hr ago)
Quoting Bflyfx
{quote} bounce is on
hey botfly

im sad you got kicked out of the gold thread and never to be seen in it again ROFLMAO

im gona have to inform nordling so he can laugh too

where you gona go now to lure unsuspecting newbies to pedros dumb ass since this room died after i quit trading cable few months back
short trump and go long the deepstate
  • #875,465
  • Jul 1, 5:56am (2 hr 18 min ago) Jul 1, 5:56am (2 hr 18 min ago)
Been in a great trade since about 9:30 BST so 3 hours ago and I'm just skeptical that the NFP in an hourish might just change the direction of the market on an intraday perspective. Those are the worst things aren't they, market's trying to retest the highs created and just get shunned down leaving huge wicks, should be a sign of weaker upside momentum over the last hour and a half of choppiness?
  • #875,466
  • Jul 1, 6:05am (2 hr 9 min ago) Jul 1, 6:05am (2 hr 9 min ago)
I think market gonna be dead till NFP tomorrow. There is no action at all.
  • #875,467
  • Edited 6:23am Jul 1, 6:05am (2 hr 9 min ago) | Edited 6:23am
Quoting AK.47
Been in a great trade since about 9:30 BST so 3 hours ago and I'm just skeptical that the NFP in an hourish might just change the direction of the market on an intraday perspective. Those are the worst things aren't they, market's trying to retest the highs created and just get shunned down leaving huge wicks, should be a sign of weaker upside momentum over the last hour and a half of choppiness?
back to BE on a singular 5 minute candle and it's not even NY open
  • #875,468
  • Jul 1, 6:21am (1 hr 53 min ago) Jul 1, 6:21am (1 hr 53 min ago)
Quoting AK.47
{quote} back to BE on a singular 5 minute candle and it's not even NY open
and great now we have a 5m confirmation to the bearish momentum. But should I wait for market to respect it? Or maybe wait for it to reverse since that's what market's been doing for the past 120 days, if there's a double 15m confirmation and we're bullish on HTF perspective, why would market wanna give a shit about some random kid from the UK. Instead here's what we're gonna do, we're gonna REVERSE! So that's exactly why I'm just gonna let this bumass trade run because my A+ quality setups are just shite innit
  • #875,469
  • Jul 1, 6:24am (1 hr 50 min ago) Jul 1, 6:24am (1 hr 50 min ago)
On the GBP/USD 5-minute chart, the price rose but failed to break the previous high, forming new resistance before dropping. The sub-indicator shows this is a short-term decline, so I’ll go long once the trough flattens out; the stop-loss is set at 6 pips.
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  • #875,470
  • Jul 1, 6:27am (1 hr 47 min ago) Jul 1, 6:27am (1 hr 47 min ago)
Gold's fucking flying to the moon, dollar is weakening yet GU is dropping. There's also a substantial gap to be filled on the dollar downwards.
  • #875,471
  • Jul 1, 7:09am (1 hr 5 min ago) Jul 1, 7:09am (1 hr 5 min ago)
Quoting AK.47
Been in a great trade since about 9:30 BST so 3 hours ago and I'm just skeptical that the NFP in an hourish might just change the direction of the market on an intraday perspective. Those are the worst things aren't they, market's trying to retest the highs created and just get shunned down leaving huge wicks, should be a sign of weaker upside momentum over the last hour and a half of choppiness?
SL hit. Need to exterminate the market movers.

Watch price reverse from 1.324 and hit full TP at 1.3262 in 2 hours
  • #875,472
  • Jul 1, 7:28am (46 min ago) Jul 1, 7:28am (46 min ago)
Hloo members
its me again telling you my fellows to buy bitcoin
today has kissed our long awaited entry ,me and my fellow live traders have entered the market

mark this day coz we buying untill the next all time high
buying real bitcoin on binance or... Is the best you can do even without analysis or you can analyse and look for long term buys

if today closes bullish look for re entries
FOR INFOR PURPOSE
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  • #875,473
  • Jul 1, 7:40am (34 min ago) Jul 1, 7:40am (34 min ago)
Quoting saidi01
Hloo members its me again telling you my fellows to buy bitcoin today has kissed our long awaited entry ,me and my fellow live traders have entered the market mark this day coz we buying untill the next all time high buying real bitcoin on binance or... Is the best you can do even without analysis or you can analyse and look for long term buys if today closes bullish look for re entries FOR INFOR PURPOSE {image}
i hope your country has good health care cause ull be an old man by then and need it

humpty not gona save bitcoin again like back in 2024 when he endorced it

price will get to that blue line first before ever does the highs
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short trump and go long the deepstate
  • #875,474
  • Edited 8:12am Jul 1, 7:45am (29 min ago) | Edited 8:12am
things look even worse on the monthly chart for bitcoin

trump fucked all the gullible suckers that bought into bitcoin and his shitty coins...they llost 90% of their investments in his trump coin and his slovenian whore wifes coin

price closed under support again since 2024
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short trump and go long the deepstate
  • #875,475
  • Last Post: Jul 1, 8:13am (1 min ago) Jul 1, 8:13am (1 min ago)
BoE is not raising the rates, watched the live.
Surely it will go down…
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