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Cable Update (GBPUSD)

  • #750,881
  • Jun 12, 2023 4:49am Jun 12, 2023 4:49am
Bulltrap?
My system went haywired lmao.
Exhausted
  • #750,882
  • Jun 12, 2023 4:52am Jun 12, 2023 4:52am
Quoting Elysion
Bulltrap? My system went haywired lmao.
I dont think so currently, just gathering momentum to break past 12600.
  • #750,883
  • Jun 12, 2023 4:58am Jun 12, 2023 4:58am
Bears are comming for 1.2540
Lost in Narrative
  • #750,884
  • Jun 12, 2023 5:07am Jun 12, 2023 5:07am
As usdx tanking more expected, so good spike others, anyway good level reached usdx and will watch for top failure others. Lets see
https://www.forexfactory.com/thread/...9#post14457349
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #750,885
  • Jun 12, 2023 5:08am Jun 12, 2023 5:08am
You shell not pass 1.26000 mf
yes yes yes
  • #750,886
  • Edited 5:37am Jun 12, 2023 5:09am | Edited 5:37am
There is trend line at 2600.

May stop bulls here.

My stop 2604.

Will take the hit...if it goes there
Intraday only.
  • #750,887
  • Jun 12, 2023 5:09am Jun 12, 2023 5:09am
Quoting Bella.al
{quote} Oh no! , i see it is now almost touching 1.26020 D-R1 this means i need a back up plan. Only 40 Min remaining to my Open Position Time. -Bella's GMT Switch v1.3 {image}
My Indications went long ... so deciding go long soon.

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Goddess of Thunder..
  • #750,888
  • Jun 12, 2023 5:10am Jun 12, 2023 5:10am
Quoting Moty
You shell not pass 1.26000 mf
2603 as a target presently. Next try for next target 2650 though from below 2580, pullback 2570 if or continue range up over 2584., hope not just. But easulily can do bull uninterrupted still. Lets see
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #750,889
  • Jun 12, 2023 5:16am Jun 12, 2023 5:16am
Quoting GODofMC
{quote} no real movement from here, might hold until near NYO {image} {image}
accordinng to m15, all supp already bberak. Waitibg higher tf
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #750,890
  • Jun 12, 2023 5:23am Jun 12, 2023 5:23am
Quoting Bella.al
{quote} My Indications went long ... so deciding go long soon. {image}
New Position

Long GBPUSD :1.25926
S/L : 1.25681
T/P (max) : 1.28810

Bella's GMT Switch
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Goddess of Thunder..
  • #750,891
  • Jun 12, 2023 5:23am Jun 12, 2023 5:23am
Am in for a rebalance to initial price.
Short
You have an IQ lower than 90 if you interact with this user.
  • #750,892
  • Jun 12, 2023 5:27am Jun 12, 2023 5:27am
Quoting pipfarm
GU H1 is in down correction against H4 moving up H4 is moving up in same direction as D1 therefore longs are preferred given the correct entry signal from H1 D1 is also moving up with W1
There were 2 opportunities to long since i posted the above, both upswings not very strong but would rather follow price when it is aligned with HTFs
Follow The Markets Structure - Patience and Discipline
  • #750,893
  • Jun 12, 2023 5:37am Jun 12, 2023 5:37am
Be aware, market is still moved by big players since 2 days. They want higher quotes but market is not willed to go with them. It is a bit of roulette now. You should orientate more on a higher time frame currently (4 hours or sth.). If they find enough buyers to support their course we see new high, if not get a flush downside. Last movement this morning was to get to a new seller/buyer level cause volume at 1.2570's was probably not good enough. Currently their investment is probably more in the minus than plus, so danger to get a flush downside grows. I would at least not go long now but also not short at 1.2585. So wait for clearer view.

Edit: of course ADR speaks for higher quotes but low is not that far away, means potential down risk is at least 40 pips to the day or at least possible. Also news related stuff today no real impact. Not sure if they can keep it up till tomorrow.
  • #750,894
  • Jun 12, 2023 5:45am Jun 12, 2023 5:45am
Quoting Scotteyy
Start of a new week, will be learning from last week and only taking trades according to my system. Bias is long. Long 12575, SL 12560, TP 12625. However, wouldn't be surprised to see us go to weekly pivot at 12513 before continuing up.
Out, will wait on sidelines for now.
  • #750,895
  • Jun 12, 2023 5:46am Jun 12, 2023 5:46am
Sold 1.2593
Attached Image
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #750,896
  • Jun 12, 2023 5:47am Jun 12, 2023 5:47am
Exited 10 pips.
Bailing out to breakeven previous fail attempt of short.
Don't care if price goes down further.
Will look for another setup later during NY.

I don't trust Mondays.
Exhausted
  • #750,897
  • Edited 6:10am Jun 12, 2023 5:56am | Edited 6:10am
Quoting Yngwie
Sold 1.2593 {image}
Possiblelity of going down is much higher right now
if price not passing 1.2586 then most likely will be yhe end of long
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #750,898
  • Jun 12, 2023 5:58am Jun 12, 2023 5:58am
Now there is opportunity to long. Will anybody have guts to go long?
This question to tech traders using trend
Intraday only.
  • #750,899
  • Jun 12, 2023 5:58am Jun 12, 2023 5:58am
Aiming for the blue channel - I wouldn't add any buys until then. Still holding short on EUR and they're pretty correlated anyway
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  • #750,900
  • Jun 12, 2023 6:00am Jun 12, 2023 6:00am
Quoting navk
Now there is opportunity to long. Will anybody have guts to go long? This question to tech traders using trend
High risk long though.
I would rather wait for price to at least reach 1.254 - 1.255 area.
Exhausted
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