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Cable Update (GBPUSD)

  • #751,441
  • Edited 2:51am Jun 14, 2023 2:38am | Edited 2:51am
...last 1hr close an inverted hammer seeing some upside follow-thru following retest of prev 1hr sw lo zone = pot supp zone down to Asian lo/current dly lo - this @ top of the prev 1hr sw lo zone down to y/day's last p/back lo off y/day's dly hi...now testing prev 1hr sw hi zone to asian/current dly hi = prev res = pot res. Tight asian range persists for now.

1hr below
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Trader with an Edge.
  • #751,442
  • Jun 14, 2023 2:45am Jun 14, 2023 2:45am
...an upside break and clear of current yrly hi - 2679 doubtless the bulls immediate aim. This 2679 is a prev minor wkly/dly/4hr sw hi zone = prev res = pot res, and is at the bottom of a prev minor mthly/wkly sw lo zone that starts @ 2675 (from Sept 2020,) = prev supp = pot sbr from Sept 2020 and extends to circa 2730 on the wkly t/f, deeper on mthly.

wkly below
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Trader with an Edge.
  • #751,443
  • Jun 14, 2023 2:45am Jun 14, 2023 2:45am
Quoting Fardeen1209
{quote} Thats nothing, dude must be making 1.4millies with his 200lots and 700 pips. Wonder in what currency?
...he did say Benjies so US$ me thinks...
  • #751,444
  • Jun 14, 2023 2:46am Jun 14, 2023 2:46am
Quoting Fardeen1209
{quote} Thats nothing, dude must be making 1.4millies with his 200lots and 700 pips. Wonder in what currency?
Wonderful!
That's very interesting. Inasmuch as there's good equity, I can also make such an amount consistently.
I'll get there soon
  • #751,445
  • Jun 14, 2023 2:47am Jun 14, 2023 2:47am
Quoting Elysion
{quote} Frankfurt up. At least yesterday's high or a new HH London down? NY unsure yet. Today's idea. Lazy to draw chart.
We have PPI later today, this have an effect on cpi hence bank rate.
If it falls, GU may go to QM, then reverse on FOMC.
Then before press conference i'd already be sleep.
May be next week, will be back.
More time in the market, does not mean you trade better!
  • #751,446
  • Jun 14, 2023 2:48am Jun 14, 2023 2:48am
Quoting Waveskierrob
{quote} Working so...our own toilets, showers, vans, generators and caterers ...pay not that brilliant but who gives a shit ...and I got ninnner's $86000 party to look forward to, sorry you weren't invited...
You're a badass influencer to Ninner.
You're repeating the same show as you did to Maheeee.........

I know you're a fan to Ninner.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #751,447
  • Jun 14, 2023 2:53am Jun 14, 2023 2:53am
Quoting Pat Chiko
{quote} You're a badass influencer to Ninner. You're repeating the same show as you did to Maheeee......... I know you're a fan to Ninner.{image}
...and I use to like tractors but don't anymore...
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  • #751,448
  • Jun 14, 2023 2:57am Jun 14, 2023 2:57am
as testing 2622( and eu at 0796) , short started having sl just above previous high 2625 , over 2634 ok . target 2573 , anyway next target bull 2650 areas , so may short work or not . take care
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #751,449
  • Jun 14, 2023 2:57am Jun 14, 2023 2:57am
Quoting Fardeen1209
{quote} By unwind you mean LQ grab? If so, it could be, market always move to where massive limit and stop orders. Limit orders are for IT, stop orders and stop loss are usually for retails.
IT, Whats That I Dont Know What You Are Saying
What matters to me is Profit Only from the Market
Using Mathematical Means As Much As Possible
HBS - Hussain Bin Salman
  • #751,450
  • Jun 14, 2023 3:00am Jun 14, 2023 3:00am
...above prev minor 4hr/1hr sw hi zone to y/day's 2625 hi = prev res = pot res, tested @ current dly hi, is a prev minor 4hr/1hr sw hi zone that extends up to 2640, = prev res = pot res. Mthly R1 just above it, then Wkly R1 and Dly R1 in the last 2650's, before that prev dly/4hr sw hi zone to 2679 - current yrly hi. Dly R2 @/around 2705.
Trader with an Edge.
  • #751,451
  • Jun 14, 2023 3:03am Jun 14, 2023 3:03am
hi, brothers
GU continues to rise, is it possible?
Fed rate resolution, press conference, dot plot...
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Just follow the trend.
  • #751,452
  • Jun 14, 2023 3:05am Jun 14, 2023 3:05am
Grabbed a long at 1.2608 but I've moved to BE as I have a sneaky feeling this is going to test the DL and make an attempt on 1.2572 area.
  • #751,453
  • Jun 14, 2023 3:06am Jun 14, 2023 3:06am
The probability that the Fed will stop raising interest rates is theoretically good for GU. but the world knows the news and it has probably failed.
Unable to control the market, I think I will wait and see.
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Just follow the trend.
  • #751,454
  • Jun 14, 2023 3:10am Jun 14, 2023 3:10am
Quoting lucaswalliam
The probability that the Fed will stop raising interest rates is theoretically good for GU. but the world knows the news and it has probably failed. Unable to control the market, I think I will wait and see. {image}
Hi, yeh the market is acting as though Fed will 'stick' not 'twist' this mth at least? An aperitif with the U.s PPI later (maybe last piece of the Fomc's jigsaw,?) then the 'main event.'
Trader with an Edge.
  • #751,455
  • Jun 14, 2023 3:11am Jun 14, 2023 3:11am
Tricky Situation Here Target Updated

Add Add Add with a tight SL

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Probably will go down much lower then Target that is around currently 1.25911

But I must follow Plan although much more can be had here
HBS - Hussain Bin Salman
  • #751,456
  • Jun 14, 2023 3:16am Jun 14, 2023 3:16am
Quoting Pat Chiko
{quote} You're a badass influencer to Ninner. You're repeating the same show as you did to Maheeee......... I know you're a fan to Ninner.{image}
LoL small fan
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #751,457
  • Jun 14, 2023 3:25am Jun 14, 2023 3:25am
Quoting lucaswalliam
hi, brothers GU continues to rise, is it possible? Fed rate resolution, press conference, dot plot... {image}
You answered yourself already your question
  • #751,458
  • Jun 14, 2023 3:26am Jun 14, 2023 3:26am
Quoting Headland
{quote} Hi, yeh the market is acting as though Fed will 'stick' not 'twist' this mth at least? An aperitif with the U.s PPI later (maybe last piece of the Fomc's jigsaw,?) then the 'main event.'
Yes. Yesterday's CPI data solidified the Fed's confidence in stopping rate hikes. Is it really going to stop the hiking cycle, then wait and finally cut rates?
Please forgive me, I know nothing about fundamental analysis.
Just follow the trend.
  • #751,459
  • Jun 14, 2023 3:28am Jun 14, 2023 3:28am
Quoting Bella.al
{quote} Date : 14.06.2023 GMT Time : 04:01 AM I know this is more than 4 hours, I worked on my other indicator Bella's Hot Zones which is not ready to use yet , Little bit on the Bella's Artificial Intelligence and slept. My Situation is this, currently i am still in the same trade, Bella's Resistance : 1.26215 should protect my position. Target 1st Bella's Price Projection 1 : 1.25294 Bella's GMT Switch v1.5 {image}

Sl is hit -24 Pips.

Bella's Blue Journal (June): -75 Pips.
Goddess of Thunder..
  • #751,460
  • Jun 14, 2023 3:29am Jun 14, 2023 3:29am
Quoting Scotteyy
Long 12610, SL 12600, TP 12690
SL moved to break even. I may revise TP to R1 at 12650. Don't like the fact we havent touched daily pivot. Could see R1 -> Pivot happening.
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