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Cable Update (GBPUSD)

  • #661,941
  • Edited 2:01pm Jun 5, 2022 2:05am | Edited 2:01pm
if currencies follow the gold and relative usdx strength as indicator then specially gu likely fall to 1.2248 with correction try at or above 2457 , must do but minimum most likely like limit 2520 . lets see and take care all , jump only happening with appropriate signal and confirmation policies . and if gu doing then how others like eu may not jump enough !!in that case daily bull engulfing started 0640 to be failed allegedly . So market open may with a limit up 2520 to fall previous low 2457 to and fro to continue down.
https://www.forexfactory.com/thread/...5#post14021735
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #661,942
  • Jun 5, 2022 6:07am Jun 5, 2022 6:07am
my dxy view toward 3rd quarter ending
Attached Image (click to enlarge)
Click to Enlarge Name: bandicam 2022-06-05 11-05-44-958.jpg Size: 179 KB
MY OPINION NOT FINANCIAL ADVISE
  • #661,943
  • Jun 5, 2022 10:33am Jun 5, 2022 10:33am
Quoting donfriday
my dxy view toward 3rd quarter ending {image}
Hi DonSunday, Dxy looks bullish at the moment.
  • #661,944
  • Jun 5, 2022 11:12am Jun 5, 2022 11:12am
A rough idea of my monday view
Attached Image(s) (click to enlarge)
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  • #661,945
  • Jun 5, 2022 11:22am Jun 5, 2022 11:22am
Quoting Nuel101
A rough idea of my monday view {image} {image}
You think its a long????
  • #661,946
  • Jun 5, 2022 11:34am Jun 5, 2022 11:34am
Quoting ScalaFX
{quote} Look at this and think, what can happen? You see up? Or down? Kiss, patience, trade your plan... Happy weekend to all ya! Cheers! {image}

Hi Bro,

Are you trading using phone ?.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #661,947
  • Jun 5, 2022 11:35am Jun 5, 2022 11:35am
Quoting ninner
{quote} You think its a long????
short term bias....just for monday
  • #661,948
  • Jun 5, 2022 11:41am Jun 5, 2022 11:41am
Quoting Nuel101
{quote} short term bias....just for monday
ok.. Here is what I am looking at. Short to the lows.


https://snipboard.io/svmfTL.jpg
  • #661,949
  • Jun 5, 2022 11:49am Jun 5, 2022 11:49am
Quoting ninner
{quote} Hi DonSunday, Dxy looks bullish at the moment.


we are in 6th month of the year 2022

are you now buying into 8years high?


would you rather wait for a correction or just buy into such high.
MY OPINION NOT FINANCIAL ADVISE
  • #661,950
  • Jun 5, 2022 11:52am Jun 5, 2022 11:52am
If it breaks below 23 fibo , then it will complete the retracement .




https://charts.mql5.com/32/745/gbpus...l-services.png
  • #661,951
  • Jun 5, 2022 11:55am Jun 5, 2022 11:55am
Quoting donfriday
{quote} we are in 6th month of the year 2022 are you now buying into 8years high? would you rather wait for a correction or just buy into such high.
DonSUnday, i dont care if its the 8 month of the year, the dxy looks bullish for now. Remember observe the obvious.
  • #661,952
  • Jun 5, 2022 12:09pm Jun 5, 2022 12:09pm
it may be sell into the 102.50-103 area we will have to see
  • #661,953
  • Jun 5, 2022 12:55pm Jun 5, 2022 12:55pm
Quoting Pat Chiko
{quote} Hi Bro, Are you trading using phone ?.
Hey Pat!
No usually but when I go out sometimes managing my open positions only, all analysis and trades make only in house on computer or tablet
People don't plan to lose. They lose because they don't plan.
  • #661,954
  • Jun 5, 2022 1:07pm Jun 5, 2022 1:07pm
Quoting ScalaFX
{quote} Hey Pat! No usually but when I go out sometimes managing my open positions only, all analysis and trades make only in house on computer or tablet

Cool Bro.

I like it.

Beside trading, when you browse just a bit careful,

Your wife may knows how much you made on trading. ( She may asked more money)...


Attached Image (click to enlarge)
Click to Enlarge Name: phone trading.jpg Size: 51 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #661,955
  • Jun 5, 2022 1:17pm Jun 5, 2022 1:17pm
Quoting Pat Chiko
{quote} Cool Bro. I like it. Beside trading, when you browse just a bit careful, Your wife may knows how much you made on trading. ( She may asked more money)... {image}
Yes!! Im always carefull
People don't plan to lose. They lose because they don't plan.
  • #661,956
  • Jun 5, 2022 1:32pm Jun 5, 2022 1:32pm
Looking to go long around 1.2430, targeting 1.2700. if price closes below 1.2335 then count becomes invalid. Chart:H4
Attached Image (click to enlarge)
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  • #661,957
  • Jun 5, 2022 2:15pm Jun 5, 2022 2:15pm
Quoting Black-Star
Looking to go long around 1.2430, targeting 1.2700. if price closes below 1.2335 then count becomes invalid. Chart:H4 {image}
https://snipboard.io/svmfTL.jpg
  • #661,958
  • Jun 5, 2022 2:59pm Jun 5, 2022 2:59pm
Quoting Nordling
{quote} Good analysis I just switched to long yesterday. I was in selling mode for 2 months before that. Yesterday's movement felt like a good chance to TP so i took it, but there's still a room for going down i hope it goes 100-200 pip lower so i can add more positions.
Thanks, I am out of all GU shorts as of Friday, price bouncing around, not giving my pips away.
Interesting to see how we will open tonight.
Looking at monthly chart, strong bullish, weekly indecision and previous weeks lows / highs will be tested at some point. GL
  • #661,959
  • Jun 5, 2022 3:24pm Jun 5, 2022 3:24pm
Quoting Coreg2004
For the followers of harmonic patterns. Have fun. {image}
Confused.. hmmm, could be any out of three really.
Bullish gartley was my choice last week, this week my view changed and will choose bearish gartley as. UK banks are back after long holiday weekend with positive vibes.
Bullish Bat also a posibility. Should look for more visual clues. Thanks
  • #661,960
  • Jun 5, 2022 3:33pm Jun 5, 2022 3:33pm
2490->2550 tomorrow
Everyone can see the chart, but only a few can actually read it.
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