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Cable Update (GBPUSD)

  • #755,321
  • Jul 1, 2023 7:00am Jul 1, 2023 7:00am
Quoting Moty
I am calling it a day My plan was perfect Price shouldn't had to get so high above the pull back area At 1.27000 level I am taking the loss and Finnishing the day with 18 $ after being in a 75 $ profit {image}
GU will sell on Monday.
  • #755,322
  • Jul 1, 2023 7:08am Jul 1, 2023 7:08am
Quoting tiborf71
I see that it has already broken through the trend channel, above, so now it can go anywhere. Now I have no point of reference. I'd rather find another pairs. H1.
I went through all the pairs. And I chose nzd/usd because it is in the upper part of the developing trend channel. The resistance level is in the right place, the price is likely to bounce back, but the current level remains to be tested.
H1.
I'll see.
  • #755,323
  • Edited 9:18am Jul 1, 2023 9:06am | Edited 9:18am
One can buy ( start buying again ) GU from 8.30 PM EST to 9 PM EST on Sunday when market opens.

This is after a pull back.

Target can get to R1 easily.

2650 is breakout level for long.

So, 2650 plays important on Monday
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Intraday only.
  • #755,324
  • Jul 1, 2023 9:22am Jul 1, 2023 9:22am
Quoting Wavegarrick
{quote} Love it love it If price breaks 1.27000 with momentum there is a good chance we can end the 2nd quarter near 1.27500 which is also the mid point between 1.25000 and 1.30000. Having said, 1.27000 was a tough level for bears to break so we shall see with the retest. Cheers. {image}
We've had 2 weeks of cyclic retraces and from my point of view could head into a cyclic up move into the beginning stages of the 3rd quarter. Price should retrace to my future weekly pivot at 1.26796 ish at least or 1.2650 for an overshoot. From there I will look for bullish signals for a target of 1.28000 minimum. If 1.26500 fails as support 1.25000 is on the cards and on the flip side if the high at 1.28500 goes 1.30000 is on the cards.
Have a great weekend,
Cheers.
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Trade to trade another day
  • #755,325
  • Jul 1, 2023 10:04am Jul 1, 2023 10:04am
Two decades after Hayek´s death history is on the move again. State interventionism is back and growing, the Reagan-Thatcher era long forgotten, as is the Communist era. State paternalism, regulation and control, social and environmental blocking of the functioning of markets, constructivism and dirigism are here again and, especially in Europe, are stronger than ever. We must get back to Hayek’s teachings. We must once again take his books into our hands and try to spread his thoughts all over the world, because now they are as relevant as in the past.

  1. Václav Klaus, Foreword to The Essential Hayek (2014) by Donald J. Boudreaux

You have an IQ lower than 90 if you interact with this user.
  • #755,326
  • Jul 1, 2023 10:06am Jul 1, 2023 10:06am
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You have an IQ lower than 90 if you interact with this user.
  • #755,327
  • Jul 1, 2023 10:09am Jul 1, 2023 10:09am
Quoting PeterCaleb
So is this how you people learn how an economy works? By speculating on which narrative you reckon seems "better"? So sorry to burst your little bubbles. The mere saturation point of the following - credit card "use" (not only outstanding debts) re: living beyond one's capable means, home loan capacities, equity lines of credit, defaults, foreclosures, "employment retraining", disability retention rates, small business bankruptcies ...... in real time and current trends, shows we have been in a recessive state since 2001-2002. I LOVE IT when normal...
That last sentence is quite logical when you think about it.
You have an IQ lower than 90 if you interact with this user.
  • #755,328
  • Jul 1, 2023 11:35am Jul 1, 2023 11:35am
Could there be anyone more boring the PeterCaleb, started to read one of his posts then had to take a break so read an entire copy of "War and Peace" inbetween, then started to read his post again then fell into a coma, just woke up ...should FF put a health warning on such posts ....press that "like" button if you agree...
  • #755,329
  • Jul 1, 2023 2:12pm Jul 1, 2023 2:12pm
Quoting Ferna
Two decades after Hayek´s death history is on the move again. State interventionism is back and growing, the Reagan-Thatcher era long forgotten, as is the Communist era. State paternalism, regulation and control, social and environmental blocking of the functioning of markets, constructivism and dirigism are here again and, especially in Europe, are stronger than ever. We must get back to Hayek’s teachings. We must once again take his books into our hands and try to spread his thoughts all over the world, because now they are as relevant as in the...
what has this go to do with trading
  • #755,330
  • Jul 1, 2023 2:13pm Jul 1, 2023 2:13pm
Quoting PeterCaleb
And here's some more REAL ..... 1. https://www.asean.emb-japan.go.jp/files/100496234.pdf 2. https://asia.nikkei.com/Editor-s-Pic...ing-arms-envoy 3. https://www.google.com/search?q=Japa...t=gws-wiz-serp...
I dont see how this is relevant...I would rather read Pat Chiko's comments tbh!!!
  • #755,331
  • Jul 1, 2023 2:15pm Jul 1, 2023 2:15pm
Quoting Waveskierrob
Could there be anyone more boring the PeterCaleb, started to read one of his posts then had to take a break so read an entire copy of "War and Peace" inbetween, then started to read his post again then fell into a coma, just woke up ...should FF put a health warning on such posts ....press that "like" button if you agree...
WOW we actually agree about something. I read the first few words and decided to go clean my toilet!!!
  • #755,332
  • Jul 1, 2023 2:33pm Jul 1, 2023 2:33pm
Quoting BigNumbers
my trading style is a bit more advanced than this but it looks close, Study this video. Because I use swing highs and lows resting above or below the liquidity itself for my trading, so often times I don’t get to wait for Liquidity sweep before entry. https://youtu.be/Xhqy_fUY7XU

i loved the opening music!!!!
  • #755,333
  • Jul 1, 2023 3:11pm Jul 1, 2023 3:11pm
Does Macd, RSI and Stochastic repaint?


thanks
How to succeed in zero sum game?
  • #755,334
  • Jul 1, 2023 3:16pm Jul 1, 2023 3:16pm
Quoting dempire1
Does Macd, RSI and Stochastic repaint? thanks
no
  • #755,335
  • Jul 1, 2023 4:09pm Jul 1, 2023 4:09pm
Quoting ninner
{quote} WOW we actually agree about something. I read the first few words and decided to go clean my toilet!!!
Wrong again I'm afraid, "you agree with me" not we agree, you are a follower of others where I am an innovator, hope this helps you understand the difference between us....cheers
  • #755,336
  • Jul 1, 2023 4:19pm Jul 1, 2023 4:19pm
Quoting Waveskierrob
{quote} Wrong again I'm afraid, "you agree with me" not we agree, you are a follower of others where I am an innovator, hope this helps you understand the difference between us....cheers
How to succeed in zero sum game?
  • #755,337
  • Jul 1, 2023 4:44pm Jul 1, 2023 4:44pm
Quoting Waveskierrob
{quote} Wrong again I'm afraid, "you agree with me" not we agree, you are a follower of others where I am an innovator, hope this helps you understand the difference between us....cheers
you aren’t an innovator
  • #755,338
  • Jul 1, 2023 5:32pm Jul 1, 2023 5:32pm
Quoting Waveskierrob
{quote} Wrong again I'm afraid, "you agree with me" not we agree, you are a follower of others where I am an innovator, hope this helps you understand the difference between us....cheers
lmfao!
Dude!! You don’t even trade!!!!!!
You have an IQ lower than 90 if you interact with this user.
  • #755,339
  • Jul 1, 2023 5:48pm Jul 1, 2023 5:48pm
Quoting Ferna
{quote} lmfao! Dude!! You don’t even trade!!!!!!
Well, I dont see him add anything intelligent regarding to trading!!!!
  • #755,340
  • Jul 1, 2023 6:04pm Jul 1, 2023 6:04pm
Quoting Ferna
{quote} lmfao! Dude!! You don’t even trade!!!!!!
do you?
How to succeed in zero sum game?
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