Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#752,021
Jun 15, 2023 7:07am Jun 15, 2023 7:07am

chiche
| Joined Jul 2010 | Status: Trader | 551 Posts

Quoting Moty

Disliked

{image}

Ignored

why you think that is going to go south?

#752,022
Jun 15, 2023 7:11am Jun 15, 2023 7:11am

dantpm
Joined Aug 2022 | Status: Trader | 4,859 Posts

Quoting chiche

Disliked

{quote} why you think that is going to go south?

Ignored

Unchanged EUR refinance rate or increase in US unemployment should cause GU to drop.

#752,023
Jun 15, 2023 7:14am Jun 15, 2023 7:14am

Coreg2004
Joined Oct 2009 | Status: Trader | 5,631 Posts

Just the remainder of the DX index is still for wave 5. Yesterday's PA didn't cross into wave 1 but retracement was deep (below 50% of wave 3) so there is an increased chance that wave 5 fails but still possible.

Attached Image (click to enlarge)

Click to Enlarge

Name: DX 06.15 daily.png
Size: 51 KB

Always trade your own plan...I don't provide trading signals.

#752,024
Jun 15, 2023 7:18am Jun 15, 2023 7:18am

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

Attached Image (click to enlarge)

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Name: Screenshot_2023-06-15-15-17-09-165_net.metaquotes.metatrader4-edit.jpg
Size: 789 KB

yes yes yes

#752,025
Jun 15, 2023 7:18am Jun 15, 2023 7:18am

Elysion
Joined Sep 2022 | Status: Trader | 2,296 Posts

Wtf my positions got sucked by widespread...at 1.26621 couldve avoid by mere point.
REenter short.

Exhausted

#752,026
Jun 15, 2023 7:22am Jun 15, 2023 7:22am

Cetka
| Joined May 2023 | Status: Trader | 92 Posts

Cmon EU, lets sink the dollar a bit further babyyy

#752,027
Jun 15, 2023 7:22am Jun 15, 2023 7:22am

BeeTogether
Joined Oct 2020 | Status: Trader | 14,004 Posts

No major impact it seems so far

Insane in the Brain..

#752,028
Jun 15, 2023 7:23am Jun 15, 2023 7:23am

mysterio
Joined Sep 2009 | Status: Trader | 6,009 Posts

Quoting Coreg2004

Disliked

Just the remainder of the DX index is still for wave 5. Yesterday's PA didn't cross into wave 1 but retracement was deep (below 50% of wave 3) so there is an increased chance that wave 5 fails but still possible. {image}

Ignored

agree with this, for wave 5
looking to position swing shorts on GU as high as possible ideally above Yesterday high

#752,029
Jun 15, 2023 7:23am Jun 15, 2023 7:23am

Elysion
Joined Sep 2022 | Status: Trader | 2,296 Posts

Quoting Cetka

Disliked

Cmon EU, lets sink the dollar a bit further babyyy

Ignored

Such bull move.

Exhausted

#752,030
Jun 15, 2023 7:25am Jun 15, 2023 7:25am

Elysion
Joined Sep 2022 | Status: Trader | 2,296 Posts

Quoting BeeTogether

Disliked

No major impact it seems so far

Ignored

Eu went extreme...
Well its 30+pips but in few mins only.

Exhausted

#752,031
Jun 15, 2023 7:36am Jun 15, 2023 7:36am

Elysion
Joined Sep 2022 | Status: Trader | 2,296 Posts

Any comments? I'm still re-entering shorts
This looks like a inducement for liquid.
Got stop hunted
Price currently stopped at 1.267 again.

Exhausted

#752,032
Jun 15, 2023 7:39am Jun 15, 2023 7:39am

Bella.al
| Membership Revoked | Joined Oct 2022 | 12,229 Posts

Current Rate:1.26620

We should see some action soon due to economic news.

** Bella brings in pop corns

Goddess of Thunder..

#752,033
Jun 15, 2023 7:39am Jun 15, 2023 7:39am

Cetka
| Joined May 2023 | Status: Trader | 92 Posts

Quoting Elysion

Disliked

Any comments? I'm still re-entering shorts This looks like a inducement for liquid. Got stop hunted Price currently stopped at 1.267 again.

Ignored

How are you reading that? The DXY is in a downtrend with valid retracements. Based on it I think we are looking long EU GU and a new lower low for DXY.

#752,034
Jun 15, 2023 7:44am Jun 15, 2023 7:44am

Alevsky017
| Joined Jan 2023 | Status: Trader | 122 Posts

Quoting Cetka

Disliked

{quote} How are you reading that? The DXY is in a downtrend with valid retracements. Based on it I think we are looking long EU GU and a new lower low for DXY.

Ignored

DXY isn‘t in a downtrend