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Cable Update (GBPUSD)

  • #754,661
  • Jun 28, 2023 7:42am Jun 28, 2023 7:42am
Probably better to long GBP/JPY is you really want to long the pound - I'm not shorting USD for awhile yet - of all the currencies Jerome Powells USD is the only one thats reached a potential rate pause.
  • #754,662
  • Jun 28, 2023 7:45am Jun 28, 2023 7:45am
Quoting Robinhood1
euraud short @ 1.6504 Target 1.5850
added @ 6524 & 6539
POSTMASTER
  • #754,663
  • Edited 8:15am Jun 28, 2023 7:46am | Edited 8:15am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD BID 4H since 2200 2023-06-01 to 1800 2023-07-03.png Size: 59 KB

kiss bouncing of that 50 sma...
  • #754,664
  • Jun 28, 2023 7:50am Jun 28, 2023 7:50am
Quoting MIKKI
{quote} Remember gu is till in an uptrend this is a mere catalyst for further upside medium term.As long as proper risk management is in place you can always ride out the storm.
It's alright.
My buy limit is at 1.25900
  • #754,665
  • Jun 28, 2023 7:52am Jun 28, 2023 7:52am
Quoting Orangeapple
Probably better to long GBP/JPY is you really want to long the pound - I'm not shorting USD for awhile yet - of all the currencies Jerome Powells USD is the only one thats reached a potential rate pause.

GBPJPY is in a H4 correction against D1, so not a good idea at the moment , you might scalp a few pips longing on small PB
Follow The Markets Structure - Patience and Discipline
  • #754,666
  • Jun 28, 2023 7:52am Jun 28, 2023 7:52am
Quoting bountintern
{quote} Hello, What are the indicators that yyou have overlaying your stochastics? could you share how I can add them please, thankyou
just regular mt4 stochs just insert 34-8-8 and 5-3-3 together... low rider... 34-8-8 still bearish...
  • #754,667
  • Jun 28, 2023 7:53am Jun 28, 2023 7:53am
Quoting Whale
{quote} 20 pips is a lot? les than 1% precent.
You are referring to your full account size, right? But you do not open position will full amount, you go in with less. Makes sense.

I got a lower account, so I go in with the whole account size so 20 pip loss is something like 3-5%. I go for sniper entries, with sl not more than 7 pips, 10 if I'm feeling crazy. LOL

Good to know you are a real whale
  • #754,668
  • Jun 28, 2023 8:01am Jun 28, 2023 8:01am
Happy EID to all who celebrate guys and gals.

I have been part of ( though I am not ) celebrations when We were living in UAE,

By being part of celebrations, a harmony was created for happy living for me there during that period.
Intraday only.
  • #754,669
  • Jun 28, 2023 8:02am Jun 28, 2023 8:02am
Go to the source mf
Attached Image (click to enlarge)
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yes yes yes
  • #754,670
  • Jun 28, 2023 8:04am Jun 28, 2023 8:04am
took long 2635.

10 pips stop
Intraday only.
  • #754,671
  • Jun 28, 2023 8:05am Jun 28, 2023 8:05am
Finally arrives at my 1.2636, no more selling for now, but if upside momentum is not strong, bear will seek to go t0 1.2555
  • #754,672
  • Jun 28, 2023 8:13am Jun 28, 2023 8:13am
Quoting Moty
Go to the source mf {image}
You entered the buy too soon IMO
  • #754,673
  • Jun 28, 2023 8:14am Jun 28, 2023 8:14am
Quoting tradexyz
{quote} just regular mt4 stochs just insert 34-8-8 and 5-3-3 together... low rider... 34-8-8 still bearish...
Thankyou appreciate it :-)
  • #754,674
  • Jun 28, 2023 8:21am Jun 28, 2023 8:21am
Why are there 4 FED heads talking at the same time just at market open?

Is there an announcement? CBDC's? Global government? sanctions?
You have an IQ lower than 90 if you interact with this user.
  • #754,675
  • Jun 28, 2023 8:23am Jun 28, 2023 8:23am
Quoting JereMi256
{quote} This pattern is still in play in my book. +256 {image} {image}
Bulls are lurking, this is only a retracement IMO.

If 1.257 fails to hold, 1.246 is next.
Regards,
+256
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20230628-161454.jpg Size: 220 KB
Face 'ur fears & tame 'ur greed
  • #754,676
  • Jun 28, 2023 8:27am Jun 28, 2023 8:27am
Weldone, may continue further after a probable correction signal 2642 to above 2659/69. With or without even possible, to test round no. 2600. take care
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Screenshot_20230628-172934.png Size: 63 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #754,677
  • Jun 28, 2023 8:27am Jun 28, 2023 8:27am
Low Risk.Long 1.2630 sl 1.2600
  • #754,678
  • Jun 28, 2023 8:31am Jun 28, 2023 8:31am
Monday morning USDX gap was filled.
  • #754,679
  • Edited 8:54am Jun 28, 2023 8:31am | Edited 8:54am
Live link:
Comment: Why are Lagarde Medium impact? and the other guys high impact?

Inserted Video
You have an IQ lower than 90 if you interact with this user.
  • #754,680
  • Jun 28, 2023 8:31am Jun 28, 2023 8:31am
Quoting M3csl
1.27 had to break, what has caused this drop while USD just chilling?
clues: check EURGBP and GBPJPY and see if anything jumps out at you.
To free Gazans of Hamas, use whatever it takes.
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