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Cable Update (GBPUSD)

  • #749,241
  • Jun 2, 2023 7:59am Jun 2, 2023 7:59am
Absolutely no idea what to do for now
  • #749,242
  • Jun 2, 2023 8:01am Jun 2, 2023 8:01am
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close edough nd...
  • #749,243
  • Jun 2, 2023 8:01am Jun 2, 2023 8:01am
The market is moving in the direction of the money. From what I can see it's on the buy side since everyone was going short and SLs are on the top side. Hope I was right! Fingers crossed baby!
  • #749,244
  • Jun 2, 2023 8:02am Jun 2, 2023 8:02am
Quoting karankeni
Absolutely no idea what to do for now

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  • #749,245
  • Jun 2, 2023 8:03am Jun 2, 2023 8:03am
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Quoting karankeni
Absolutely no idea what to do for now
yup totally agree I have a short on at 12510 the data was good for USD overall yet this thing ain’t dropping… I’d be expecting it to drop like diarrhoea
Insane in the Brain..
  • #749,246
  • Jun 2, 2023 8:03am Jun 2, 2023 8:03am
Quoting sclpzmalay
{quote} Following news usd is good ADP payroll yesterday Can u guess for NFP? Now add more buy stop and buy limit ....sell stop n sell limit .. like ship with fishing net so Yesterday is an answer
so Yesterday is an answers for NFP today.....
study of behavior and mind,conscious and unconscious
  • #749,247
  • Jun 2, 2023 8:06am Jun 2, 2023 8:06am
Quoting mysterio
profit taking or is the bull waking up? {image}
Is this the market going after any left over liquidity before reversing again?
  • #749,248
  • Jun 2, 2023 8:07am Jun 2, 2023 8:07am
Quoting Cetka
The market is moving in the direction of the money. From what I can see it's on the buy side since everyone was going short and SLs are on the top side. Hope I was right! Fingers crossed baby!
totally unpredictable, the direction also blur

NFP alw killing
  • #749,249
  • Jun 2, 2023 8:10am Jun 2, 2023 8:10am
Quoting BeeTogether
{image}{quote} yup totally agree I have a short on at 12510 the data was good for USD overall yet this thing ain’t dropping… I’d be expecting it to drop like diarrhoea
Another factor to consider is this:

OPEC+ meets this weekend. Odds are likely they will CUT production in order to get crude oil back above $80/barrel. NOT GOOD FOR INFLATION.

Expect chatter for ANOTHER US RATE INCREASE in June.
  • #749,250
  • Jun 2, 2023 8:12am Jun 2, 2023 8:12am
Quoting Whale
The wheels on the bus goes round and round

u enjoy creche class
MY OPINION NOT FINANCIAL ADVISE
  • #749,251
  • Jun 2, 2023 8:16am Jun 2, 2023 8:16am
Quoting dantpm
{quote} Is this the market going after any left over liquidity before reversing again?
might be, or 1.2522-28 might act as a flipzone, it was a high volume node from this morning

it may resist, that might have been dxy just retesting

very hard to say, today is a shambles for trading, i've done nothing, my strat is quite binary so I usually wont act unless there's a liquidity move of some kind in line with my bias, unless the direction is established for the day. I see still a ton of unfilled volume above price currently all the way up to 1.2550. NYSE may go for it.
  • #749,252
  • Jun 2, 2023 8:17am Jun 2, 2023 8:17am
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The market hides a perfect geometry.
  • #749,253
  • Jun 2, 2023 8:18am Jun 2, 2023 8:18am
Quoting Tpttonly
Here are the Trades With Me {image} {image}
Targets should hit
HBS - Hussain Bin Salman
  • #749,254
  • Jun 2, 2023 8:21am Jun 2, 2023 8:21am
Quoting mysterio
{quote} might be, or 1.2522-28 might act as a flipzone, it was a high volume node from this morning it may resist, that might have been dxy just retesting very hard to say, today is a shambles for trading, i've done nothing, my strat is quite binary so I usually wont act unless there's a liquidity move of some kind in line with my bias, unless the direction is established for the day. I see still a ton of unfilled volume above price currently all the way up to 1.2550. NYSE may go for it.
you mean unfilled for short or long
  • #749,255
  • Jun 2, 2023 8:23am Jun 2, 2023 8:23am
Quoting dantpm
{quote} Is this the market going after any left over liquidity before reversing again?
For now it seems it may crawl down
HBS - Hussain Bin Salman
  • #749,256
  • Jun 2, 2023 8:28am Jun 2, 2023 8:28am
Quoting Tpttonly
{quote} For now it seems it may crawl down
Tpttonly, what trading method do you use, if it's not the secret?
Always trade your own plan...I don't provide trading signals.
  • #749,257
  • Jun 2, 2023 8:30am Jun 2, 2023 8:30am
If this 1hr closes below 1.2525, then likely be sideways or touch to pivot.
  • #749,258
  • Jun 2, 2023 8:30am Jun 2, 2023 8:30am
The DXY is going probably to the 103.04
  • #749,259
  • Jun 2, 2023 8:36am Jun 2, 2023 8:36am
SELL at 1.2533 as i think its the 4th way down but i did read somewhere apart from nfp unemployment rate and average houtly rates are imp too for the PA
Lets see how it goes
  • #749,260
  • Jun 2, 2023 8:37am Jun 2, 2023 8:37am
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The market hides a perfect geometry.
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