Cable Update (GBPUSD)

Brother i respect your analysis but can you explain how and you please so that we all can learn from it please


Are you talking about the USD news and its impact on GBPUSD

I wish I could mate, but if you can explain what's life in truest form, I'll prepare a presentation for everyone.

yesterdays sell orders stop is at 1.4136 anymore i will not wait. really tired

what's life in truest form Sorry bro no answer Hope you find some one who can give you answer to your question

Until then le't's anticipate what happens ?

wonder how many buy limit orders sits around yesterday low..
wonder where exactly the stop loss located

Just Buy On dips

that bottom line area is near my entry point for a retrace towards 142.

Yea the whole week has been short accumulation imo..big ones. Nice big range-y distribution pattern yesterday. Could be wrong. I try to take this market one bit at a time and not get bogged down with HTF assumptions. Only H4 break above 1.4180 will have me looking for longs to 1.4280-1.4375 for now (scalps excluded)

Just deposited 10k, short GU until I see 1.40 no SL , will keep opening short 0.01 lot for every 250 point up.
Let see time will tell.

What random SHIT anyone post ya, don't misguide I used to come here to find answers now its feels much different. But anyway just be responsible with your posts it might be affecting anyone for real.

One word- Agony..

Second word could be misleading

If you are long or short just need to exercise a little patience

exercise patience till the account is blown is nothing bad in the process of learning and limited to themselves but if anyone else is harmed because of the the information you shared its a crime, all I have to say is we all are an accumulative human consciousness and we all have the sense of what's right. All I'm say is let's act responsibly. I hope I'm not offending anyone, I'm SORRY if so.

GBP interest rates are higher than the FED, that is, the pound is stronger than the dollar, the pound sterling at the level of June futures contracts indicates that we will not have any macroeconomic change that the price may fall, On the contrary, it is indicating that it can go up to 1.42415 or 1.43585, the open interest data indicates that the price can continue to rise in a macroeconomic context.

Dont think gu coming down.. maybe another push to 1.43

It is just chit chat man, absolutely nobody should be putting real money on some random call on the cable thread. You are always going to find people split down the middle, it is forex. People/institutions have got big money riding on both sides so any view is valid. I gave the technical reasons at the weekend why I thought it would rise to 1.4150 then fall from there. If it's wrong, fine, I sell the highest points and protect myself with breakeven stops. I am sure there are very valid reasons to go long too, if you have some analysis lets hear it, I try to put equal analysis on both sides and it's great to hear the other point of view. Do you know for sure how the CPI print is going to move the market? None of us do, so lets just trade our edge and manage risk carefully. The long/short banter is fun to break up the day, under no circumstances would I say anyone should put real money on what I or others say on a thread..just trade your plan and hopefully share some analysis in the mean time. Even if someone is wrong and they set out all the reasons why they thought it would happen that way then it is still very useful (i think). I think I posted 3 trades over the past couple of days, two from 1.4155ish on the 10th and 11th and 1.416x yesterday, nobody should be getting into any trouble with those as long as you're protecting yourself with stops. Only thing I can say for certain right now is GU is setting up to do something, if it does explode up (could easily) then I'll take the breakeven hit and move onto the next one