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Cable Update (GBPUSD)

  • #770,141
  • Aug 24, 2023 7:45am Aug 24, 2023 7:45am
Quoting Nordling
Good US data. GU and Gold will drop. Holding my Gold shorts
I would be careful about putting too much weight on unemployment data. Employment data and CPI are 'stronger indicators'.
Good US data implies no requirement for increasing rates so the US$ should drop not rise.
US$ drops gold rises.
  • #770,142
  • Aug 24, 2023 7:45am Aug 24, 2023 7:45am
Quoting Eren10
{quote} Tomorrow Central Banks will talk about inflation. That's just what is not good for Yen. Ofcourse the talk can go in favour of Yen, but looks less likely.
Hey Eren, I got a confirmation on Daily Charts that it's time to Short those currencies against Yen and I'll follow up on that signal as I did with many signals I have posted in my Journal which more often then not, proved successful.

Thanks for the concern though!
  • #770,143
  • Aug 24, 2023 7:46am Aug 24, 2023 7:46am
lets turn on the rocket...
  • #770,144
  • Aug 24, 2023 7:48am Aug 24, 2023 7:48am
Quoting ScalaFX
{quote} true. Mr Fx9339494843994844883dickhead283848388 will be banned instantly
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Trade at your own risk.
  • #770,145
  • Aug 24, 2023 7:54am Aug 24, 2023 7:54am
Quoting gespiri
This is weekly. If price close below the dotted line (21EMA), then it confirms the down trend. {image}
Do you mean a weekly down trend, or a weekly down swing?
To free Gazans of Hamas, use whatever it takes.
  • #770,146
  • Aug 24, 2023 7:55am Aug 24, 2023 7:55am
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  • #770,147
  • Aug 24, 2023 8:08am Aug 24, 2023 8:08am
Cable still needs to retrace to the upside before a big drop. It will rang for a bit.
POSTMASTER
  • #770,148
  • Aug 24, 2023 8:10am Aug 24, 2023 8:10am
Gold is retracing on a swing up.
POSTMASTER
  • #770,149
  • Aug 24, 2023 8:36am Aug 24, 2023 8:36am
Quoting Georginson
{quote} Its a battle between 1.3185 and 1.2565 this Quarter... Above 1.2840 will point at 1.3185, below 1.2565 will point at 1.2565 within 6 weeks.
Caution guys, 1.2620 triple bottom on daily is being attacked yet again, the support may not hold this time around, next logical support is 1.2565 and monthly range not yet complete with 5 trade days left.
Data + Stat + Risk/Emotions Management
  • #770,150
  • Aug 24, 2023 8:37am Aug 24, 2023 8:37am
Bought at 1.2630, stop loss 40 pips.
  • #770,151
  • Aug 24, 2023 8:44am Aug 24, 2023 8:44am
You shell not pass 1.26207
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yes yes yes
  • #770,152
  • Aug 24, 2023 8:57am Aug 24, 2023 8:57am
I don't like it. It's hardly bouncing.
I wont regret if my b.e get hit.
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Don't mind me.. i'm crazy
  • #770,153
  • Aug 24, 2023 8:57am Aug 24, 2023 8:57am
Quoting DrDave
{quote} Do you mean a weekly down trend, or a weekly down swing?
Weekly down swing.
My daily 21EMA was confirmed end of July. Let's see where she goes from here. Stops are in place.
Lost....
  • #770,154
  • Aug 24, 2023 9:06am Aug 24, 2023 9:06am
These levels are very accurate today...
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I have no clue where it's going
  • #770,155
  • Aug 24, 2023 9:07am Aug 24, 2023 9:07am
Quoting sheva89
Bought at 1.2630, stop loss 40 pips.
With open Tp
average dude treading water
  • #770,156
  • Aug 24, 2023 9:10am Aug 24, 2023 9:10am
tomorrow my 25pips day..free cash

size down friday
MY OPINION NOT FINANCIAL ADVISE
  • #770,157
  • Aug 24, 2023 9:13am Aug 24, 2023 9:13am
Quoting Georginson
{quote} Caution guys, 1.2620 triple bottom on daily is being attacked yet again, the support may not hold this time around, next logical support is 1.2565 and monthly range not yet complete with 5 trade days left.
better to wait for daily to close

this level is tricky
MY OPINION NOT FINANCIAL ADVISE
  • #770,158
  • Aug 24, 2023 9:18am Aug 24, 2023 9:18am
Any suggestions were bounce up might
average dude treading water
  • #770,159
  • Aug 24, 2023 9:20am Aug 24, 2023 9:20am
Quoting Ferna
{quote} I don’t think you want an actual response. I’ll just add that i now understand geriatric population a bit better.

yep...the older i get the crabbier i become...my sister didnt like it when i made her look up words in the dictionary when we were younger and i dont expect you like it either having to google...but youll be a better trader for it
short trump and go long the deepstate
  • #770,160
  • Aug 24, 2023 9:22am Aug 24, 2023 9:22am
Quoting Yngwie
News trade. Sold 1.2654
hit BE
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
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