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Cable Update (GBPUSD)

  • #750,921
  • Edited 7:28am Jun 12, 2023 7:00am | Edited 7:28am
After good signal at 2564, waiting 1st confirmation at 2557 to start for 3nd confirmation at 2533.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #750,922
  • Jun 12, 2023 7:03am Jun 12, 2023 7:03am
Quoting R4sh
{quote} Next station : 1.2508
From your mouth to the big boy's ears
average dude treading water
  • #750,923
  • Jun 12, 2023 7:05am Jun 12, 2023 7:05am
Quoting Ferna
{quote} Your timing is perfect
Not my setup.

I was copying FONTU set up.
She got the S&R perfectly aligned.

Respect her input.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #750,924
  • Jun 12, 2023 7:10am Jun 12, 2023 7:10am
Got this gorgeous from capital Economics
For UK economy
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More time in the market, does not mean you trade better!
  • #750,925
  • Jun 12, 2023 7:10am Jun 12, 2023 7:10am
Movement is so... crappy. They fail to sell their longs so they dig deeper and deeper pip by pip now to get retail trader into long. I should go long now but I'm not in the mood, it's just to crappy move, also in front of ADR problem now. I wonder what NY will bring. I really wonder what they do now with that mess.

They sh... long enough around now, time for volatility and kick asses.
  • #750,926
  • Jun 12, 2023 7:12am Jun 12, 2023 7:12am
Quoting JackintheBox
Movement is so... crappy. They fail to sell their longs so they dig deeper and deeper pip by pip now to get retail trader into long. I should go long now but I'm not in the mood, it's just to crappy move, also in front of ADR problem now. I wonder what NY will bring. I really wonder what they do now with that mess. They sh... long enough around now, time for volatility and kick asses.
You put on a trade based on MOOD
More time in the market, does not mean you trade better!
  • #750,927
  • Jun 12, 2023 7:14am Jun 12, 2023 7:14am
Quoting Wavegarrick
{quote} I got out of my sell trades this morning for a small profit, My concern was a higher close above Asia. Possible topping formation from a 15 min perspective. I hope I can get out of my sell trades with something to show. Whenever I sell I feel like looser. Excuse my poor Englis. {image}
l closed all my weaker sell trades as per above post for 43 pips today and will let my better sell trade run at breakeven and some. I anticipate a test of my weekly pivot at 1.25122 and 1.25000 for an overshoot where I will look for buy trades. I could be wrong of course.
Have a great week.
Cheers.
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Trade to trade another day
  • #750,928
  • Jun 12, 2023 7:17am Jun 12, 2023 7:17am
Quoting Fardeen1209
{quote} You put on a trade based on MOOD
I've not taken the trade long because I'm not in the mood to stare at the screen again for over one hour to get may be 8 pips or sth. I did that last weeks and it is really annoying. When US-Boys come in we get at least some movement.- also PA for long is not looking good now. Makes no sense to go up now. So ADR will probably expand to downside today. That were the reasons to skip the long at 1.2562 for me. I hope we don't see this PA for longer time now because of holiday already. Worst/weird moves are most times from mid of July till mid of August.
  • #750,929
  • Jun 12, 2023 7:20am Jun 12, 2023 7:20am
Quoting Wavegarrick
{quote} l closed all my weaker sell trades as per above post for 43 pips today and will let my better sell trade run at breakeven and some. I anticipate a test of my weekly pivot at 1.25122 and 1.25000 for an overshoot where I will look for buy trades. I could be wrong of course. Have a great week. Cheers. {image} {image}
I couldn't stay in longer than 10 pips on the downmove cause PA was not changing since last 2 days and I still have psychological problems to keep positions open in such an environment. It alsways negging on my nerves to see downmoves for hours but that's a fault of me. I rather close than. Thanks for sharing your thoughts.
  • #750,930
  • Jun 12, 2023 7:22am Jun 12, 2023 7:22am
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REDA_EL_HARAOUI
ELITE MOROCCO SNIPER All Time Return: 27.5%
  • #750,931
  • Jun 12, 2023 7:26am Jun 12, 2023 7:26am
Might not trade GU for NY.
Went long in EURAUD.

Still looking for a potential swing buy.
Price very close to support.
Seeing a few "rejections" from 1.59

And plenty of fvg to fill up there based on H1 tf.
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Exhausted
  • #750,932
  • Jun 12, 2023 7:28am Jun 12, 2023 7:28am
As long as _DXY is bullish, GU and EU are bearish, and vice versa, and the DXY index also depends on the economic parameters of the United States, and technical analysis has no effect on its trend. I don't know all these price actions, RTM, S&D, ICT, Wyckoff's theory, Dow's theory, the teachings of Sam Seiden, Capre, Alfonso, ..... where is it used?
  • #750,933
  • Jun 12, 2023 7:38am Jun 12, 2023 7:38am
trailing on..now sl on be
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  • #750,934
  • Jun 12, 2023 7:38am Jun 12, 2023 7:38am
Quoting Tpttonly
{quote} Gbp is nearing Target Must Hold Tight For This One {image} Target is Modest 1.25570 Lets See How It Develops
OK Tp Is Up

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HBS - Hussain Bin Salman
  • #750,935
  • Jun 12, 2023 7:39am Jun 12, 2023 7:39am
Some key points to UK future economic conditions
https://www.cbi.org.uk/media-centre/...omic-forecast/


Off Topic:
What y'all think about decarbonisation?
Green energy is one thing
EVs are not that contributable to green... with that Lithium mining producing so much pollution.

But i think thats where money will be flowing in the coming years
More time in the market, does not mean you trade better!
  • #750,936
  • Jun 12, 2023 7:43am Jun 12, 2023 7:43am
  •  dweex
  • Joined Mar 2017 | Status: Strategi ABC (Asal Biru Close) | 44 Posts
Quoting eyefeelsix
{quote} {quote} let's see how the 3rd wave will play out for the next week ~ myWaves Updated {image}
bisa ke T3 gag om ????
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Go Green
  • #750,937
  • Jun 12, 2023 7:44am Jun 12, 2023 7:44am
Quoting Moty
103 is a strong support for dx Also there is a gap open at 103.500
Crooky mf
False break
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yes yes yes
  • #750,938
  • Jun 12, 2023 7:49am Jun 12, 2023 7:49am
Quoting Pat Chiko
{quote} Not my setup. I was copying FONTU set up. She got the S&R perfectly aligned. Respect her input.
now when i look back, maybe i am biased.
You have an IQ lower than 90 if you interact with this user.
  • #750,939
  • Jun 12, 2023 7:55am Jun 12, 2023 7:55am
Buyers get ready...
  • #750,940
  • Edited 8:08am Jun 12, 2023 7:57am | Edited 8:08am
Quoting Fardeen1209
Some key points to UK future economic conditions https://www.cbi.org.uk/media-centre/...omic-forecast/ Off Topic: What y'all think about decarbonisation? Green energy is one thing EVs are not that contributable to green... with that Lithium mining producing so much pollution. But i think thats where money will be flowing in the coming years

Small detail, those promoting decarbonization forget that without CO2 in the air we all die! You need it to breath (CO2 in the air tells your body to inhale), plants need it and so on. Instead of promoting decarbonization people should promote local monitoring of CO2 levels and take steps to maintain appropriate CO2 levels in the atmosphere.
Not only do people also neglect the pollution from mining lithium and the rare earth minerals (very toxic mining!) they also ignore that that there is no way to safely and cleanly recycle lithium batteries. They can extend the life of batteries by breaking them down and recombining them a couple of times but what happens to the materials when you are finished with them?
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