Edit: 18 July 2022
Edit: 19 July 2022 (removed GJ again)
One of the main things about the Pound Dollar is that it moves FAST. It can be quite choppy at times but when it moves, it moves fast. So when you get in, HOLD on tight.
Another thing about the GBPUSD is that when it moves on the day, it often keeps that level and will move the following day as well.
Re: GBPUSD 15.00 22-06/22
Posted: 22 Jun 2022, 14:52
by immy
Signal Time: 15:00
Post signal thoughts
Saw the Signal but did not see it too significant. I am after big winners, at least 5R winners so I need small signals and a market that is trending. This one is sideways.
ps: Fed Chairman was due to speak, which was just 20 minutes ago (he's talking)
Due to testify on the Semi-Annual Monetary Policy Report before the Senate Banking Committee, in Washington DC
Minsk wrote: ↑23 Jun 2022, 08:05
Let's see, it looks like it might produce a setup later.
It's in line with H4 possible wave 5, and D1 down.
Edited: huge climactic candle ruins the possible setup for now
It sure was Point to Buy but I had a limit buy order just above the lows and price never retested it.
Re: GBPUSD 24 June 2022
Posted: 24 Jun 2022, 10:41
by immy
Looks like a dull dead day to end the week. I don't think I'll be taking any positions since there is nothing setting up.
Re: GBPUSD 27 June 2022
Posted: 27 Jun 2022, 09:16
by immy
immy wrote: ↑24 Jun 2022, 10:41
Looks like a dull dead day to end the week. I don't think I'll be taking any positions since there is nothing setting up.
Just, as it was last week, the GBPUSD is going sideways with a Tight Trading Range.
We must clear this trading range before we think of something.
Re: GBPUSD 28 June 2022 possible Short
Posted: 28 Jun 2022, 13:17
by immy
I see an impulse wave has formed on the GBPUSD I don't see any reason for it to not go down after a pullback.
We could be breaking the consolidation zone and some more... Let's see if we get a signal in the next 2-3 candles
Re: GBPUSD the TTR continues
Posted: 29 Jun 2022, 09:03
by immy
One of my favourite way to trade is trading the clear trading ranges