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Cable Update (GBPUSD)

  • #752,801
  • Jun 19, 2023 4:36am Jun 19, 2023 4:36am
Quoting Fardeen1209
{quote} There is Uk housing problem and US student Loan, majority of people are ignoring it. These 2 are ticking time bomb.
Biden is working hard to get re-elected and deal with a lot of US student debt.
https://www.pbs.org/newshour/politic...den%27s%20plan.
  • #752,802
  • Jun 19, 2023 4:39am Jun 19, 2023 4:39am
Quoting BrainBucks
{quote} I'm scratching my head to recall if I've ever come across anyone who's more in love with their name than you seem. Very commendable
Yeah Really In Love
HBS - Hussain Bin Salman
  • #752,803
  • Jun 19, 2023 4:42am Jun 19, 2023 4:42am
Quoting Ferna
{quote} what about the student loans?
Majority of them cannot even pay their rent, now student loan + interest rate is on their head after a 3 years interest rate break.
More time in the market, does not mean you trade better!
  • #752,804
  • Jun 19, 2023 4:42am Jun 19, 2023 4:42am
Quoting BrainBucks
This repeated frustrating bounce at 810 is starting to feel cautionary albeit ominous for a bear like me today. What to do, what to do
Sit Tight and wait
HBS - Hussain Bin Salman
  • #752,805
  • Jun 19, 2023 4:46am Jun 19, 2023 4:46am
Quoting Tpttonly
{quote} Sit Tight and wait
Positions already running; been short for at least half a dozen hours
  • #752,806
  • Jun 19, 2023 4:55am Jun 19, 2023 4:55am
2810 finally taken out
  • #752,807
  • Jun 19, 2023 4:56am Jun 19, 2023 4:56am
Quoting OperaniyiFx
2810 finally taken out
Finally
Hopefully it's not a fake out
  • #752,808
  • Jun 19, 2023 5:00am Jun 19, 2023 5:00am
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yes yes yes
  • #752,809
  • Jun 19, 2023 5:07am Jun 19, 2023 5:07am
Breaking 0803 attempt running, success also marginally, so next sr goes to 0786 and 78 areas! May try for 0768 but another leg may easily try to bull towards top or new top! Watching.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #752,810
  • Jun 19, 2023 5:10am Jun 19, 2023 5:10am
Quoting mysterio
{quote}i see a GU buy for 30/40 pips from 1.2805-1.2798 area could be away already but i think dxy needs to revisit the hourly demand created Fri
so far so good, will set stop to breakeven in a min
just a scalp, 20-30 pip
volume isnt what i'd want to see yet but it is 11am
  • #752,811
  • Jun 19, 2023 5:18am Jun 19, 2023 5:18am
Quoting BrainBucks
{quote} Finally Hopefully it's not a fake out

zone 1.2797 - 1.2803 is the key
set the box and keep an eye on the PA
in wondering about yourself, you forgot what you came here to be part of
  • #752,812
  • Jun 19, 2023 5:23am Jun 19, 2023 5:23am
...asian lo and the prev 1hr sw lo zone that developed there has been broken to the downside twice now on 1hr, but ran headlong into buyers at the prev 1hr sw hi/lo zone (hi part = pot rbs.) narrow range so far this Ldn session of this U.s bank hol day.

1hr below
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Trader with an Edge.
  • #752,813
  • Jun 19, 2023 5:23am Jun 19, 2023 5:23am
Quoting BrainBucks
{quote} Positions already running; been short for at least half a dozen hours
Hahahaaa I Have Been Short Since 14/0602023

Thats tooo long for me
HBS - Hussain Bin Salman
  • #752,814
  • Jun 19, 2023 5:25am Jun 19, 2023 5:25am
Quoting mysterio
{quote} so far so good, will set stop to breakeven in a min just a scalp, 20-30 pip volume isnt what i'd want to see yet but it is 11am
i breakeven'd. 1.2791-95 is the last chance
  • #752,815
  • Jun 19, 2023 5:27am Jun 19, 2023 5:27am
...there is no such thing as the present..we live in the past as the present is momentary/fleeting...
Trader with an Edge.
  • #752,816
  • Jun 19, 2023 5:27am Jun 19, 2023 5:27am
UJ momentum upward is picking up
one would think cable would start to move down
pretty stubborn PA though

2797 must break first for me

edit
momentum fell away lol
in wondering about yourself, you forgot what you came here to be part of
  • #752,817
  • Jun 19, 2023 5:32am Jun 19, 2023 5:32am
Quoting knkie
{quote} xcellent thats a good entry. Enough room to get out in case it falls and potential for large profit ! going in now would be expensive, but 141.94 just broke on M5 so i am now long usdjpy as well. 9 pip SL 25 pip target
UJ stopped out
-9
in wondering about yourself, you forgot what you came here to be part of
  • #752,818
  • Jun 19, 2023 5:33am Jun 19, 2023 5:33am
Cable is cruel haha, think ill just stay out of this pair for the rest of the day.
  • #752,819
  • Jun 19, 2023 5:34am Jun 19, 2023 5:34am
Quoting Scotteyy
Cable is a cruel haha, think ill just stay out of this pair for the rest of the day.
i was just thinking the same

on days like these, all those tight SLs add up
in wondering about yourself, you forgot what you came here to be part of
  • #752,820
  • Jun 19, 2023 5:38am Jun 19, 2023 5:38am
Quoting knkie
{quote} i was just thinking the same on days like these, all those tight SLs add up
Yup, trading is as much about preserving your capital as it is increasing it. Days like today are all about staying out and preserving.
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