Cable Update (GBPUSD)

Quoting AK.47

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{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!...

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Quoting buyhighcry

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{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.

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Quoting Bflyfx

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{quote} bounce is on

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Quoting AK.47

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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?

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Quoting AK.47

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{quote} back to BE on a singular 5 minute candle and it's not even NY open

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Quoting AK.47

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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?

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Quoting saidi01

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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}

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Quoting 3xtazzy

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BoE is not raising the rates, watched the live. Surely it will go down…

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Quoting 3xtazzy

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BoE is not raising the rates, watched the live. Surely it will go down…

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Quoting AK.47

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{quote} This market does exactly the opposite of what we reasonably think is right by analysis. So I say we go up.

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Quoting AK.47

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{quote} Exactly as I said, 40 pips upwards and counting. Here's what we all need to do to be profitable in this cunt market. You need to shut your brain off and pray that you're a retarded chimp with only 2 possible output. Buy or Sell. Keep clicking on it randomly and you'll have more of an edge than someone with TA as their prowess. Because Price Action and Technical Analysis just doesn't seem to fucking work nowadays does it?

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