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Cable Update (GBPUSD)

  • #751,261
  • Jun 13, 2023 8:01am Jun 13, 2023 8:01am
Quoting eyefeelsix
{quote} I failed to catch the peak of wave5 ( minor structure ) above 1.2600, but I'm already prepared with falling prices for the day Get ready to take long on the bullish Orderblock zone {image}

m$ney has a distinctive smell.. mmh luv it

https://breakpullback.com
  • #751,262
  • Jun 13, 2023 8:02am Jun 13, 2023 8:02am
Quoting Ferna
{quote} well then fly baby fly! let the american investors spend their money on equities, and let the dollar sink so they can afford to pay of their astronomic debt! if the dollar sinks 50%, they have 50% less debt = easy mathematics.
Not quite, they are still using dollars to pay dollar debt. No devaluation. The US solution to their debt has been the same since WW2, if they want to reduce their debt they have to raise taxes. Instead they choose to work with other governments and devalue all currency on the planet!
  • #751,263
  • Jun 13, 2023 8:05am Jun 13, 2023 8:05am
Quoting dantpm
{quote} Not quite, they are still using dollars to pay dollar debt. No devaluation. The US solution to their debt has been the same since WW2, if they want to reduce their debt they have to raise taxes. Instead they choose to work with other governments and devalue all currency on the planet!
i’ll let the chart answer
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  • #751,264
  • Jun 13, 2023 8:08am Jun 13, 2023 8:08am
More data tomorrow, if FOMC pauses rate hikes we could see a big spike to 127. Last high if I’m not mistaken is 12680? 12480 looks very far away as 2 sets of decent data for GBP won’t allow it. At least not today unless Fed hint another rise
Insane in the Brain..
  • #751,265
  • Jun 13, 2023 8:13am Jun 13, 2023 8:13am
Quoting Fardeen1209
Was writing a personal PDF on Demand and Supply. To see when they work when they dont worked, and why? {image} Currently, we are at a supply zone in a HL,HH trend, meaning it need to BO, to produce a HH. Learnt it from a french guy Let see it works
what is BO?
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  • #751,266
  • Jun 13, 2023 8:13am Jun 13, 2023 8:13am
Quoting BeeTogether
More data tomorrow, if FOMC pauses rate hikes we could see a big spike to 127. Last high if I’m not mistaken is 12680? 12480 looks very far away as 2 sets of decent data for GBP won’t allow it. At least not today unless Fed hint another rise
With all the chatter about shorting this level, I believe there is a good chance of a move up to grab some of the liquidity that rests above 1.26. The next most plausible option is to simply range at this level!
  • #751,267
  • Jun 13, 2023 8:14am Jun 13, 2023 8:14am
Quoting Bogdanoff
Short Limit Triggered{image} trade safe guys cheers
closed 60 pips
Short GJ 175.20
May be wrong
Trade sage guys
my loss is your gain
  • #751,268
  • Jun 13, 2023 8:17am Jun 13, 2023 8:17am
Quoting eyefeelsix
{quote} 2625 is the minimum for me {image}

partial-close and let the profit run 50pips ahead to the target

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 23 KB
https://breakpullback.com
  • #751,269
  • Jun 13, 2023 8:18am Jun 13, 2023 8:18am
More sell orders added at this point we going back 100 pips down to 1.2492
  • #751,270
  • Jun 13, 2023 8:20am Jun 13, 2023 8:20am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
  • #751,271
  • Jun 13, 2023 8:22am Jun 13, 2023 8:22am
Last try to short.
To where? Idk, just wanna recover from this god forsaken negative
Exhausted
  • #751,272
  • Jun 13, 2023 8:24am Jun 13, 2023 8:24am
Quoting Ferna
{quote} what is BO?
The Horrible smell under ones armpits...joking it's BREAKOUT
Watching & Learning
  • #751,273
  • Jun 13, 2023 8:25am Jun 13, 2023 8:25am
Quoting Elysion
Last try to short. To where? Idk, just wanna recover from this god forsaken negative
Well im living on hope, this is still not s downtrend, and 5 minute to ny open
Wonder if im wrong right about now, the shorts look like they are winning.
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  • #751,274
  • Jun 13, 2023 8:28am Jun 13, 2023 8:28am
Bears are coming again ..
Lost in Narrative
  • #751,275
  • Jun 13, 2023 8:31am Jun 13, 2023 8:31am
Quoting R4sh
Bears are coming again ..
until we break below 12560 I think it’s a correction as opposed to a big drop.
Insane in the Brain..
  • #751,276
  • Edited 8:56am Jun 13, 2023 8:38am | Edited 8:56am
new high and biggest red news over 1hr , so may engage again , another news after near half hour may affect though ! safer after 1 hour ! give her maximum chance to bounce but already early signal at hand 2581 , may wait for early confirmation at 2568/ nd 2550.
usdx may tarmoil / bottoming effects with next news very possible. not any necessary though to restart bounce!!
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #751,277
  • Jun 13, 2023 8:40am Jun 13, 2023 8:40am
Quoting Bogdanoff
{quote} closed 60 pips Short GJ 175.20 May be wrong Trade sage guys
stopped -20 pips
my loss is your gain
  • #751,278
  • Jun 13, 2023 8:49am Jun 13, 2023 8:49am
The way I'm seeing it currently, is that traders use the CPI to gauge Central Bank actions; considering we have the FED tomorrow - I believe most will simply wait for their announcement rather than pricing in estimations - CPI doesn't always precede the FED so quickly.

So maybe GU will just float around awhile - I may even take the day off
  • #751,279
  • Jun 13, 2023 8:55am Jun 13, 2023 8:55am
Quoting Elysion
{quote} Entering shorts too.
Added short again at 1.2592... will exit all at 1.2552... I didn't follow my original plan to buy till 1.2630... perhaps it will still be followed midweek.
Data + Stat + Risk/Emotions Management
  • #751,280
  • Jun 13, 2023 8:59am Jun 13, 2023 8:59am
It is just 1 hour left .

Updated GMT Switch to v1.5 reflect new changes GMT and Relationships.

GMT Time Updated : 14:56 PM
Relationships : Tuesday ( Bella's God of War ) and Thursday (Bella's God of Thunder )

Bella's GMT Switch v1.5

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Goddess of Thunder..
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