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Cable Update (GBPUSD)

  • #824,561
  • May 6, 2024 11:28pm May 6, 2024 11:28pm
On the correct subject, I get SELL signals from M1 to H4. Only D1 pos.
I'd say short is the way right now.
  • #824,562
  • Edited 11:55pm May 6, 2024 11:44pm | Edited 11:55pm
Quoting OutThere
On the correct subject, I get SELL signals from M1 to H4. Only D1 pos. I'd say short is the way right now.
Agreed. RBA reaction seems dovish too. Ofc we still have press conference ahead. Opened short positions

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  • #824,563
  • Edited 12:40am May 7, 2024 12:25am | Edited 12:40am
Its Time to Go Long GU, Correction is almost done now going to boom after droping few more pips.... clear from Daily Chart and LTF.
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  • #824,564
  • Edited 1:03am May 7, 2024 12:25am | Edited 1:03am
as 2550 areas of intermediate support broken , so next hold by breaking 2548 may target 2531 areas! odd time to correct down , but few pips ok before a bounce try with london open till NY open !!take care

now 2552 and 47 breaks needed to go!

after 2531/29 areas play having another bounce before breaks and hold 2529 the most critical level / support arounds 2490. as it may bull again from that level ! so this week 2490 may to deal with !

2552 broken ,. waiting 47 breaks and hold , better H1 close below to assure!
h1 close looks over 2537 sr , may bounce to back for 31/29 then , waiting h1 close and next reacts !
2537 broken and so 31/29 again an intermediate sr , may ready breaks !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #824,565
  • May 7, 2024 12:59am May 7, 2024 12:59am
Looking for buy @ 1.2530
  • #824,566
  • May 7, 2024 1:03am May 7, 2024 1:03am
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banked.
new day new opportunities.
chaos is just unknown order
  • #824,567
  • May 7, 2024 1:04am May 7, 2024 1:04am
Quoting Zebi
{quote} that german girl coders name is reteid2222 you shud try teaming up with her nubcake... im sure you'll impress her with your trading and coding prowess tell her how you've spent 15 years of your life searching for the holy grail and you can develop one between the two of you maybe
Hey Zeb. You already gone to bed?
Action just starting.
  • #824,568
  • May 7, 2024 1:05am May 7, 2024 1:05am
Quoting Nordling
{quote} Agreed. RBA reaction seems dovish too. Ofc we still have press conference ahead. Opened short positions {image}

As I mentioned yesterday there's a cost of living crisis here in Australia and the outrage from the public to another interest rate hike would be too much for pollies to stomach
Don't Leave Money on the Table
  • #824,569
  • May 7, 2024 1:11am May 7, 2024 1:11am
Quoting HaLBot
{quote} As I mentioned yesterday there's a cost of living crisis here in Australia and the outrage from the public to another interest rate hike would be too much for pollies to stomach
Wouldn't it be appropriate to hike more if the cost of living is high though, in order to tame the inflation?

Market seems to be not satisfied with this decision as well
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  • #824,570
  • May 7, 2024 1:17am May 7, 2024 1:17am
Quoting Zebi
{quote} that german girl coders name is reteid2222 you shud try teaming up with her nubcake... im sure you'll impress her with your trading and coding prowess tell her how you've spent 15 years of your life searching for the holy grail and you can develop one between the two of you maybe

All her accounts are Demos which might not necessarily be a bad thing. I kill it with a demo account and if I took the same trades in a live account be very rich by now but maybe that wouldn't work?
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Don't Leave Money on the Table
  • #824,571
  • May 7, 2024 1:20am May 7, 2024 1:20am
Quoting Nordling
{quote} Wouldn't it be appropriate to hike more if the cost of living is high though, in order to tame the inflation? Market seems to be not satisfied with this decision as well

Well that's the bullshit governments and central banks dish out all the time. Somehow it's always the home owners fault for their pathetic mismanagement of the economy....
You keep believing that crap you allow them to keep peddling it

Remember it was central banks who said the current spike in inflation was transitory and look what's happened
Don't Leave Money on the Table
  • #824,572
  • May 7, 2024 1:21am May 7, 2024 1:21am
ftse flying above 8300 on premarket, lets see if pound goes in positive correlation.
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chaos is just unknown order
  • #824,573
  • May 7, 2024 1:25am May 7, 2024 1:25am
Quoting Luxyus
ftse flying above 8300 on premarket, lets see if pound goes in positive correlation. {image}

On my chart I have a 38 pip gap up, will it have to close the gap??
Don't Leave Money on the Table
  • #824,574
  • May 7, 2024 1:25am May 7, 2024 1:25am
Quoting HaLBot
{quote} Well that's the bullshit governments and central banks dish out all the time. Somehow it's always the home owners fault for their pathetic mismanagement of the economy.... You keep believing that crap you allow them to keep peddling it Remember it was central banks who said the current spike in inflation was transitory and look what's happened
Hahah yeah they kept telling it's transitory while printing gazillions
You have to have an IQ higher than 90 to interact with this user.
  • #824,575
  • May 7, 2024 1:26am May 7, 2024 1:26am
I agree with Zeb that none of her stuff is working. :o
  • #824,576
  • May 7, 2024 1:27am May 7, 2024 1:27am
Quoting Nordling
{quote} Hahah yeah they kept telling it's transitory while printing gazillions
Don't Leave Money on the Table
  • #824,577
  • May 7, 2024 1:29am May 7, 2024 1:29am
Quoting HaLBot
{quote} On my chart I have a 38 pip gap up, will it have to close the gap??
As i m sure u already know, gaps are always filled, the problem is when they are filled
chaos is just unknown order
  • #824,578
  • Edited 1:49am May 7, 2024 1:31am | Edited 1:49am
readying for 2529 test , as already a bounce try , may even breaks it ! lets see
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #824,579
  • Edited 1:49am May 7, 2024 1:38am | Edited 1:49am
Quoting fontu
readying for 2529 test , as already a bounce try , ma=y even breaks it ! lets see
searching a local high on M1 to short for 1.2525/1.2505


--1.2548/50 should be fine for me
chaos is just unknown order
  • #824,580
  • May 7, 2024 1:56am May 7, 2024 1:56am
Quoting Luxyus
{quote} searching a local high on M1 to short for 1.2525/1.2505 --1.2548/50 should be fine for me
trying hard to avoid or breaks hard as well . anyway 2549 may test before 2535/40 low . watching
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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