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Cable Update (GBPUSD)

  • #820,041
  • Apr 3, 2024 11:02am Apr 3, 2024 11:02am
Fed’s Bostic Expects One Rate Cut This Year, in Fourth Quarter

https://www.forexfactory.com/news/12...-cut-this-year

cant believe it...who would think it LOL

Quoting Zebi
still above 50...just means that the economy is expanding at a slower clip which is what powell wants Powell wants a soft landing which means he wont cut just yet since the purchasing managers would get an erection and start gearing up for more sales LOL which would fuel more inflation I think powell will cut when PMI gets below 50 or very close to 50 so remember gentlemen all these great traders in here know this and thats how they trade pmi LOL bonzey will tell you he agrees with me cause he's a great trader LOL {image}...
short trump and go long the deepstate
  • #820,042
  • Apr 3, 2024 11:06am Apr 3, 2024 11:06am
main chart here
have an area near 1.2720
will move target near there if price moves accordingly. So meaning, a full daily engulfing bullish above month open (better with month high taken out btw)

let's see how price will develop until NFP.
ready to close my position any time since can't deny that hourly is overall still in bearish pressure, must be careful!
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90% of traders use TA, indicators and prediction
  • #820,043
  • Apr 3, 2024 11:09am Apr 3, 2024 11:09am
Quoting Zebi
i just jumped back into UJ long..small size right now entry is blue line at .891 I'm disregarding my own plan to wait for Powell to talk first {image}

placed buy limits on UJ in increasing sizes with the bottom one the biggest on UJ for powells speech
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short trump and go long the deepstate
  • #820,044
  • Apr 3, 2024 11:17am Apr 3, 2024 11:17am
not posting a lot lately, I'm busy into many things.
also have to update my journal. will do one day while sleeping

LOL
90% of traders use TA, indicators and prediction
  • #820,045
  • Apr 3, 2024 11:18am Apr 3, 2024 11:18am
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yes yes yes
  • #820,046
  • Apr 3, 2024 11:23am Apr 3, 2024 11:23am
weekly hammer right now
daily 3 inside up
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #820,047
  • Apr 3, 2024 11:24am Apr 3, 2024 11:24am
inverted hammer then hammer w1
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #820,048
  • Apr 3, 2024 11:26am Apr 3, 2024 11:26am
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yes yes yes
  • #820,049
  • Apr 3, 2024 11:31am Apr 3, 2024 11:31am
Quoting Bones
inverted hammer then hammer w1
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  • #820,050
  • Apr 3, 2024 11:34am Apr 3, 2024 11:34am
monthly high taken
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90% of traders use TA, indicators and prediction
  • #820,051
  • Apr 3, 2024 11:35am Apr 3, 2024 11:35am
Quoting Coreg2004
{quote} I marked yesterday's daily bar as an ID although the price dropped 0.1 pip below the prior day's low. {image}
the current bull strength has me confused to be honest. The data hasn’t been that good to accelerate the run and there was some data earlier that should have curbed the run for the day. The fact we are closer to 12650 than 126 has me thinking we are cooking up a major drop for NFP on Friday. The manipulation seems quite strong.
Insane in the Brain..
  • #820,052
  • Apr 3, 2024 11:36am Apr 3, 2024 11:36am
Quoting BeeTogether
{quote} the current bull strength has me confused to be honest. The data hasn’t been that good to accelerate the run and there was some data earlier that should have curbed the run for the day. The fact we are closer to 12650 than 126 has me thinking we are cooking up a major drop for NFP on Friday. The manipulation seems quite strong.
WHAT ABOUT GOLD MF NOT STOPPING
average dude treading water
  • #820,053
  • Apr 3, 2024 11:39am Apr 3, 2024 11:39am
scaled
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90% of traders use TA, indicators and prediction
  • #820,054
  • Apr 3, 2024 11:41am Apr 3, 2024 11:41am
Quoting moty
for 10 pts and 100 $ {image}
good call if you managed to closed off now!!
average dude treading water
  • #820,055
  • Apr 3, 2024 11:42am Apr 3, 2024 11:42am
Quoting MIKKI
{quote} WHAT ABOUT GOLD MF NOT STOPPING
not looked at gold at all but this rush for gold and dollar sell off has me wondering what is going on
Insane in the Brain..
  • #820,056
  • Apr 3, 2024 11:43am Apr 3, 2024 11:43am
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!! Radha Radha !!
  • #820,057
  • Apr 3, 2024 11:46am Apr 3, 2024 11:46am
Quoting T721
{quote} {image} {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #820,058
  • Edited 12:09pm Apr 3, 2024 11:55am | Edited 12:09pm
Gu hit top of H4 channel , it takes time to reverse,and after it goes down , not H1, but H4. Daily didnt react, it is red. I think at the end of the week,it would be near 1.25. Only my ideas. It is interesting that H4 channel goes down, channel didnt reverse up. Very interesting.
there is another target h4. 1.26820. if it hit tomorrow,we need to to think how far it goes down. if it dont hit 1.26820. If it returns now, we think about long trend up.
  • #820,059
  • Apr 3, 2024 11:56am Apr 3, 2024 11:56am
Quoting Bones
{quote} {image}
  • #820,060
  • Apr 3, 2024 12:04pm Apr 3, 2024 12:04pm
Ok that’s it for me.
took out the whole
done for today
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