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Cable Update (GBPUSD)

  • #754,581
  • Jun 28, 2023 4:18am Jun 28, 2023 4:18am
Quoting pipfarm
{quote} A professional trade is someone who is profitable over the long term, i see no evidence of that in this thread, Moty is consistent but a losing trader and at least he is open about it, not one trader here has proven they are professional and consistent over the long term including me.
Agree, but this forum is essentially for sharing analysis, not a pissing contest. We all post what we choose to share. It is up to the reader what 'weight' they asign to each post/poster.
Trader with an Edge.
  • #754,582
  • Jun 28, 2023 4:21am Jun 28, 2023 4:21am
Quoting Cetka
C'mon Dollar, in the name of great Donald J Trump, go up!
The US wants the US$ to drop not rise. It is the only way that they can continue to fund Ukraine and build up munitions for a war with China without raising taxes. If economic activity in the US increases, there will be more tax revenue for the government.
Their only other choice is raising the deficit ceiling again, which they will do eventually!
  • #754,583
  • Jun 28, 2023 4:21am Jun 28, 2023 4:21am
Quoting Headland
{quote} Agree, but this forum is essentially for sharing analysis, not a pissing contest. We all post what we choose to share. It is up to the reader what 'weight' they asign to each post/poster.

Exactly , which is why personally i do not care either way for posting statements , how i judge a trader here is by their knowledge and it is not difficult to tell who is talking BS or something usefull
Follow The Markets Structure - Patience and Discipline
  • #754,584
  • Jun 28, 2023 4:24am Jun 28, 2023 4:24am
GU

D1 is in a correction against W1 it should filter down to the lower timeframes where i will be looking for entries
Follow The Markets Structure - Patience and Discipline
  • #754,585
  • Jun 28, 2023 4:28am Jun 28, 2023 4:28am
Quoting dantpm
{quote} The US wants the US$ to drop not rise. It is the only way that they can continue to fund Ukraine and build up munitions for a war with China without raising taxes. If economic activity in the US increases, there will be more tax revenue for the government. Their only other choice is raising the deficit ceiling again, which they will do eventually!
Agree completely, but I just need it to drop EU for profits. Don't really care about other
  • #754,586
  • Jun 28, 2023 4:30am Jun 28, 2023 4:30am
...it seems of late that there has been a general consensus that the recent 2684 is 'the lo' and end of the p/back in dly uptrend from current yrly hi of 2848? Certainly since the 2307 lo up to that 2847, the said 2847-2684 downmove is in line with p/backs seen re size. Time will tell... intraday v.bearish so far.
Trader with an Edge.
  • #754,587
  • Edited 4:47am Jun 28, 2023 4:32am | Edited 4:47am
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8 hr...
night trading trying to stay awake 2:36 am... it's nice and quiet no disturbances...

  1. Trading From:
  2. Qikiqtaaluk lol read into it i'm no language expert...

  • #754,588
  • Jun 28, 2023 4:41am Jun 28, 2023 4:41am
...potential supp -vs- pot sbr

1hr below
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Trader with an Edge.
  • #754,589
  • Jun 28, 2023 4:48am Jun 28, 2023 4:48am
If you look at the USDX over the London session and compare it to all the USD pairs it amazes me how flat the USD is relative to the moves in everything else!
  • #754,590
  • Jun 28, 2023 4:54am Jun 28, 2023 4:54am
Quoting Konichiwhaat
{quote} Back to 20. May break it this time. SL reduced... 3rd time lucky?
Patience prevails. Out here at the big 2700 for 20 pips, and just before the hour close
Emotional Control. Process, not outcome.
  • #754,591
  • Jun 28, 2023 4:56am Jun 28, 2023 4:56am
Quoting Konichiwhaat
{quote} Patience prevails. Out here at the big 2700 for 20 pips, and just before the hour close
You have FOMO let it ride down to 2657
average dude treading water
  • #754,592
  • Jun 28, 2023 4:57am Jun 28, 2023 4:57am
Quoting dantpm
If you look at the USDX over the London session and compare it to all the USD pairs it amazes me how flat the USD is relative to the moves in everything else!
It's relatively close to the EU movement. It's starting to move right now. It should continue going up, the DXY. And EU hopefully, down.
  • #754,593
  • Jun 28, 2023 4:59am Jun 28, 2023 4:59am
... any buyers in the prev 1hr/4hr/minor dly sw lo zone to 2684,? = prev supp = pot supp. 1hr closes v.bearishly.
Trader with an Edge.
  • #754,594
  • Jun 28, 2023 5:01am Jun 28, 2023 5:01am
Quoting MIKKI
{quote} You have FOMO let it ride down to 2657
Not part of my plan. Hit my target. No need to chase as no ones knows what happens next... ever
Emotional Control. Process, not outcome.
  • #754,595
  • Jun 28, 2023 5:06am Jun 28, 2023 5:06am
...potential upside obstacles for anyone 'buying @ support.'

1hr below
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Trader with an Edge.
  • #754,596
  • Jun 28, 2023 5:06am Jun 28, 2023 5:06am
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  • #754,597
  • Jun 28, 2023 5:06am Jun 28, 2023 5:06am
Mf !!!
Now it remember to drop
Switched to short
Break that line mf
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yes yes yes
  • #754,598
  • Jun 28, 2023 5:08am Jun 28, 2023 5:08am
Quoting Moty
Mf !!! Now it remember to drop Switched to short Break that line mf {image}
Lolzzz
  • #754,599
  • Jun 28, 2023 5:08am Jun 28, 2023 5:08am
Checking pa usdx, if monthly /today closes over 102.80 , next month may test 104 +
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #754,600
  • Jun 28, 2023 5:11am Jun 28, 2023 5:11am
Next Station : 1.2730
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