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Cable Update (GBPUSD)

  • #753,901
  • Jun 23, 2023 2:40am Jun 23, 2023 2:40am
Quoting Pat Chiko
{quote} EUR GBP Should have listen to ninner on EUR GBP trades. Great advice. {image} quote=ninner;14470695]I do like eurgbp long as it is oversold and may get a nice bounce decent risk to reward[/qu {quote}
quote=ninner;14472702]{quote} Im still in the trade dumbass!!! Still acting well... you arent from the future...you are from planet smuck!!!![/quote
Quoting ninner
{quote} Im still in the trade dumbass!!! Still acting well... you arent from the future...you are from planet smuck!!!!

EUR GBP

This new trade set up is so precise.
I going to back test it next week.

The trade with 1.15 RRR, and it;s called NIS.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #753,902
  • Jun 23, 2023 2:45am Jun 23, 2023 2:45am
GM all
previous 4hr candle closed below the 3 touch trendline, was then retested, i then shorted at this point for 20 pip scalp on 1 min chart, always check the 4rh candle before London, just my view
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  • #753,903
  • Jun 23, 2023 2:47am Jun 23, 2023 2:47am
Quoting voeltoez
{quote} must be on party right now
Yes to be Honest Right now i am in Yen.
lets see What that Brings up 143.30 sold looking for 142.0
then maybe 140.xx end of next week.
Japan Cannot Afford that Weak YEN. Trust me
just saying...
and today PMI look for Buying Gold i will look for 1910 to be honest to Buy.
Good Luck Mate. Cheers.
Don't compare your Trades with Others
  • #753,904
  • Jun 23, 2023 2:50am Jun 23, 2023 2:50am
Dxy looks strong… not for me.
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  • #753,905
  • Jun 23, 2023 2:51am Jun 23, 2023 2:51am
Quoting Theoak
{quote} Short in at 1.2712
Made a few pips.. Not sure what mid term momentum is doing now. Will have a better understanding in a few hours! still bearish, but could turn bullish very quickly!
Don't trade what you think. Just what you see!!!
  • #753,906
  • Jun 23, 2023 2:52am Jun 23, 2023 2:52am
The fact we've held this level despite the moves on dollar is very bullish for GBP, in my opinion.
  • #753,907
  • Jun 23, 2023 2:53am Jun 23, 2023 2:53am
Quoting Moty
Bulls trap {image}
bulls trap
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yes yes yes
  • #753,908
  • Jun 23, 2023 2:54am Jun 23, 2023 2:54am
...it's been a 'buy @ supp / sell @ sbr' type of day so far! So far this wk 69% 13wk (1/4 yr) awr traveled, this mth 101% 6mth amr traveled.
Trader with an Edge.
  • #753,909
  • Jun 23, 2023 2:55am Jun 23, 2023 2:55am
Quoting DubaiFX
Here is USD INDEX, it is Holding the Support and Looking at GOLD it looks like it may hit 101.90 but Again 4H is Oversold So 102 is still Possible if USD index is Going down, But looks of Things today might not be the Day to SELL the $$, maybe Next week, it is always Wise to Wait for Retracement, "Karmo" always said to me {image}
oh Dear i Dont like to Gloat but Boy did i say...
Dont Sell the $$ just yet,
Usd Index is Looking good for 103.00
but it may not reach there just today,
because the its Friday and it may Turn out to be The BLACK FRIDAY as they say,
and Japan i LOVE those GUYS they do know how to Intervene, USD index going up and USDJPY going down,
looks like something is not right,
look at YEN Cross pairs Guys,,
you will be Amused by Japan, its all about When not their timing is Implacable.
it will be Choppy Friday,
and believe it or not PMI will make a Huge impact today, specially after Powel yesterday said they will look for Further data to Continue,
.
“You may never know what results come of your actions, but if you do nothing, there will be no results.” — Mahatma Gandhi
Don't compare your Trades with Others
  • #753,910
  • Jun 23, 2023 2:57am Jun 23, 2023 2:57am
Quoting Moty
{quote}bulls trap {image} {image}
now you’re talking
  • #753,911
  • Jun 23, 2023 3:02am Jun 23, 2023 3:02am
...10/20/40 ema crosses as graphic below currently.
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Trader with an Edge.
  • #753,912
  • Jun 23, 2023 3:06am Jun 23, 2023 3:06am
Inserted Video
You have an IQ lower than 90 if you interact with this user.
  • #753,913
  • Jun 23, 2023 3:07am Jun 23, 2023 3:07am
dx is at adr high
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yes yes yes
  • #753,914
  • Jun 23, 2023 3:11am Jun 23, 2023 3:11am
Just back from the school run and there’s been some crazy swings already can’t see any big data releases either
Insane in the Brain..
  • #753,915
  • Jun 23, 2023 3:14am Jun 23, 2023 3:14am
Quoting BeeTogether
Just back from the school run and there’s been some crazy swings already can’t see any big data releases either
Yeah, usually European news are not so significiant.

But i'm thinking they have some criteria for technical recession, and Manufacturing/PMI might be a part of those criteria.
I'm not an expert though.
You have an IQ lower than 90 if you interact with this user.
  • #753,916
  • Jun 23, 2023 3:22am Jun 23, 2023 3:22am
Quoting Scotteyy
The fact we've held this level despite the moves on dollar is very bullish for GBP, in my opinion.
This is a very good observation. Though GBP only carries 11% weight on dollar index. Looking at the daily open, price just went down without buying up to 5 pips, 80% of the times this occurs, price eventually returns to the opening price and breaks it by at least 15 pips.

Today's expected range is between 75 - 120 pips and so far we have 53 pips which means additional 22 - 62 pips is expected to break either 1.2749 or 1.2694...

There is 70% chance price will touch 1.2770 today as far as price doesn't drop below 1.2680.
Data + Stat + Risk/Emotions Management
  • #753,917
  • Edited 3:49am Jun 23, 2023 3:31am | Edited 3:49am
Back again, still testing 2690/79, waiting for both today! And if ok target goes 2657, if not 2630 and 2603 today. . Checking pa
Wonder price still above after all eurozone high impact negative datas !! Broken the low 2690 though, so waking 2679next!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #753,918
  • Jun 23, 2023 3:32am Jun 23, 2023 3:32am
There is the spike below the low of the week (Wed).
  • #753,919
  • Jun 23, 2023 3:38am Jun 23, 2023 3:38am
Quick 10 pip scalp long in at 1.2712 target 1.2725
Don't trade what you think. Just what you see!!!
  • #753,920
  • Jun 23, 2023 3:39am Jun 23, 2023 3:39am
...immediate knee-jerk spike down on the Uk data, finding demand @ top of the prev 30min sw hi zone shown earlier, = prev res = pot rbs.

1hr below
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