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Cable Update (GBPUSD)

  • #755,061
  • Jun 30, 2023 2:52am Jun 30, 2023 2:52am
Quoting Wavegarrick
{quote} Well the truth is that I should have stuck with my attempted coup. My two trades did just fine and closed. I am not so sure if this is a full blown swing to the downside with 2 days to go to the end of the 2nd quarter. A full run for 1.25000 in the last 2 days of this qtr seems a bridge too far so I anticipate a close closer to 1.2750. I could be wrong of course. I am in with some Buys. Having said 1.25500 is a very strong support zone as per my previous posts. Trade safe, Cheers. {image} {image}
All buy trades are good with bullish hints from an hourly perspective. Possible target 1.26986 to 1.27000 provided yesterdays high goes. If price drops further today I will look for buys towards 1.25500 which is a strong support zone in my eyes.
Today is the last day of the 2nd quarter so we should see increased volatility.
Cheers.
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Trade to trade another day
  • #755,062
  • Jun 30, 2023 2:58am Jun 30, 2023 2:58am
Quoting ScalaFX
Gold entered short 1911 high probability setup, Target 1890
Gold closing half and rest protected to target
People don't plan to lose. They lose because they don't plan.
  • #755,063
  • Jun 30, 2023 2:58am Jun 30, 2023 2:58am
Quoting Pat Chiko
GU Today, GBP/USD is setting up nicely for trend trading. London provided an excellent opportunity for bulls to load up on positions at the demand zone. The market then pulled back to the Tokyo demand/FVG zone, where the structure remained intact, providing bulls with another chance to enter or add to their positions. Tokyo saw a break of the structure, confirming that the trend is continuing. This is a beautiful day to trade, and it is likely to be a very profitable day for traders who are taking long positions. The DJIA Dollah Index (DJIA) has...

GU


Posting hind sight position.......
(good for my ego and look very smart......lol)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #755,064
  • Jun 30, 2023 3:00am Jun 30, 2023 3:00am
Quoting Orangeapple
{quote} Am I the only one that thought Gov Ueda seemed slightly clueless at the panel? Could just be the language barrier. I woudn't imagine they'd intervene yet - plus all the hedge funds still have billions to make on carry trades after all.
I didn't follow Ueda, you could be right. If selling look for weakness first as could be a dangerous zone, 154827 and 16000 not impossible.
Lovely swings for swing traders on weekly and there is no limits ahead.
Have a good day
  • #755,065
  • Jun 30, 2023 3:01am Jun 30, 2023 3:01am
dx almost broke y's high
don't you dare mf
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yes yes yes
  • #755,066
  • Jun 30, 2023 3:04am Jun 30, 2023 3:04am
...4hr shows price trading between a prev sw lo (to y/day's/current wkly 2590 lo) and hi zone, on that t/f, encountering supp then res at them, respectively.

4hr below
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Trader with an Edge.
  • #755,067
  • Jun 30, 2023 3:26am Jun 30, 2023 3:26am
Wont be buying until a break of 1.2667.
  • #755,068
  • Jun 30, 2023 3:28am Jun 30, 2023 3:28am
still a bull, dont let it fool you
  • #755,069
  • Jun 30, 2023 3:30am Jun 30, 2023 3:30am
Quoting Pat Chiko
{quote} GU Posting hind sight position....... (good for my ego and look very smart......lol) {image} {image}

GU

Close long
open SHORt
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #755,070
  • Jun 30, 2023 3:33am Jun 30, 2023 3:33am
maybe i need to start using the round number levels for target
instead the pivot lines
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yes yes yes
  • #755,071
  • Jun 30, 2023 3:35am Jun 30, 2023 3:35am
Quoting Jolita
{quote} Why? Look at weekly, 1000 pips at least for the top, people where talking here about intervention, but when after limits are reached?
Sorry, I don't understand what you're saying. You're saying that we have still 1000 pips to go on Yen pairs or? Thanks!
  • #755,072
  • Jun 30, 2023 3:36am Jun 30, 2023 3:36am
Quoting Bella.al
{quote} Hello, OK, so i decided to take one more trade using the beta ver1.6 to end this month, it is still inside the month of June today is 30.06.2023 and before i move on to beta ver 1.7 . My Trading Time is Bella's 13:38 PM GMT Pivot Point Analysis: When i look at the today's daily bar using pivot points certain things are obvious which is 1. Daily Bar is set up as Bearish 2. Price Action Relating to Yesterday is also Bearish This all can change when the 13:38 GMT Arrives. I do need to define levels i am looking at Resistance : Yesterday's Pivot...

I am not allowed to trade due to my development of Bella's Date Forecasting ( currently at v1.6 beta ) , but the pivots levels have worked very well today

-Bella
Goddess of Thunder..
  • #755,073
  • Jun 30, 2023 3:36am Jun 30, 2023 3:36am
Quoting ScalaFX
{quote} 2650 second short
Thanks, I copy you....


GU

SHORT
Hope got luck
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #755,074
  • Jun 30, 2023 3:39am Jun 30, 2023 3:39am
Gold is going below 1900$ again it seems. Still waiting for that 1870$...
  • #755,075
  • Jun 30, 2023 3:41am Jun 30, 2023 3:41am
Quoting Bella.al
{quote} I am not allowed to trade due to my development of Bella's Date Forecasting ( currently at v1.6 beta ) , but the pivots levels have worked very well today -Bella
And....... i am getting to go long in 4.5 hours , getting ready bulls i will join you ( last trade of the month ) with v1.6 beta

Bella
Goddess of Thunder..
  • #755,076
  • Jun 30, 2023 3:42am Jun 30, 2023 3:42am
...61.8% of current dly lo-hi reached ' current p/back lo.

1hr below
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Trader with an Edge.
  • #755,077
  • Jun 30, 2023 3:44am Jun 30, 2023 3:44am
Quoting Pat Chiko
{quote} Thanks, I copy you.... GU SHORT Hope got luck{image}
Bailey's not happy with you Shorting Pound you know?
Haha
  • #755,078
  • Jun 30, 2023 3:48am Jun 30, 2023 3:48am
Forecast for Core PCE was 0.4% and then they changed it to 0.3% later.
  • #755,079
  • Jun 30, 2023 3:58am Jun 30, 2023 3:58am
Quoting Whale
still a bull, dont let it fool you
what a PA.. im out
  • #755,080
  • Jun 30, 2023 4:00am Jun 30, 2023 4:00am
Most likely scenario. But reversal could also happen at any moment as it's inside the order block already.
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