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Cable Update (GBPUSD)

  • #824,581
  • May 7, 2024 2:00am May 7, 2024 2:00am
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
Hopefully it would make the incumbent PM a one term wonder.
  • #824,582
  • May 7, 2024 2:17am May 7, 2024 2:17am
Quoting Luxyus
ftse flying above 8300 on premarket, lets see if pound goes in positive correlation. {image}

As your saying FTSE pumping
Don't Leave Money on the Table
  • #824,583
  • May 7, 2024 2:29am May 7, 2024 2:29am
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Short with 2 pos. as shown.............. SL at 25 56

I think 1.25 30 might be a good prft taking level....

  • #824,584
  • May 7, 2024 2:33am May 7, 2024 2:33am
let's go to 65 $
I AT WITH 6 $ last week
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yes yes yes
  • #824,585
  • May 7, 2024 2:36am May 7, 2024 2:36am
Quoting fontu
{quote} trying hard to avoid or breaks hard as well . anyway 2549 may test before 2535/40 low . watching {image}
ye bulls defending weekly low
chaos is just unknown order
  • #824,586
  • May 7, 2024 2:43am May 7, 2024 2:43am
Quoting Luxyus
{quote} ye bulls defending weekly low

It'll drop a heap of pips if it breaks but the force is strong with the Euro today
Don't Leave Money on the Table
  • #824,587
  • Edited 2:58am May 7, 2024 2:46am | Edited 2:58am
Quoting HaLBot
{quote} It'll drop a heap of pips if it breaks
too early , enough space there to defend though , lets it try best before breaks and hold 2529! if now breaks down then 2527 defend and the more delay may more down before bounce last ! eurusd defending 0751 as well !
but looks 0751 or 2529 all born to be broken !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #824,588
  • May 7, 2024 2:53am May 7, 2024 2:53am
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Took my Prfts here ...... They seem unable to push it lower.....

  • #824,589
  • May 7, 2024 3:24am May 7, 2024 3:24am
Sell trade target reached.
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  • #824,590
  • May 7, 2024 4:28am May 7, 2024 4:28am
Quoting OutThere
{quote} Hey Zeb. You already gone to bed? Action just starting.
Let the geezer have his mandated dementia nap.
Congratulations ScalaFX for coming out of the closet!
  • #824,591
  • May 7, 2024 4:53am May 7, 2024 4:53am
Today's Support & Resistance on MT5 Templates

EURO
CABLE
GOLD

https://www.forexfactory.com/thread/...7#post14858237
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #824,592
  • May 7, 2024 5:28am May 7, 2024 5:28am
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yes yes yes
  • #824,593
  • May 7, 2024 5:29am May 7, 2024 5:29am
My pending long at 2529 missed. I'll keep waiting.
  • #824,594
  • May 7, 2024 5:30am May 7, 2024 5:30am
Another quiet day in..
might be a bit early to say but if it’s like yesterday we may have seen the days low. Last weeks high will be the area for me to short unless the BoE on Thursday is hawkish
Insane in the Brain..
  • #824,595
  • Edited 7:08am May 7, 2024 5:30am | Edited 7:08am
So 2529 test breaks at last as thought in NY open. Anyway next support 2514 and may bounce enough next today.. Better wait and see before any action. Evening will see if any trade today. Take care
Limit up 2556, tl may 2554 will see tf reject!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #824,596
  • May 7, 2024 5:39am May 7, 2024 5:39am
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E. and BP --- Longed both as shown now. My pending at 1.25 30 hit but not done.....

IF there is bullish potential , it must manifest itself now. newer lows will make me uncomfortable....

  • #824,597
  • May 7, 2024 6:05am May 7, 2024 6:05am
Quoting BeeTogether
Another quiet day in.. might be a bit early to say but if it’s like yesterday we may have seen the days low. Last weeks high will be the area for me to short unless the BoE on Thursday is hawkish

I wouldn't say yesterday was a quiet day but today so far except for me both days been profitable. 18% yesterday and 15% so far today scalping Euro and Cable with NY still to come
I stopped trading at 1.2539 but of course now there is more buying euro too
Don't usually make so much 2 days running
Don't Leave Money on the Table
  • #824,598
  • May 7, 2024 6:14am May 7, 2024 6:14am
Quoting HaLBot
{quote} I wouldn't say yesterday was a quiet day but today so far except for me both days been profitable. 18% yesterday and 15% so far today scalping Euro and Cable with NY still to come I stopped trading at 1.2539 but of course now there is more buying euro too Don't usually make so much 2 days running
well done mate! I’m still waiting for friggin b/e at 126 that said if the data releases this week are meh i will take a hit and switch to shorts.

likelihood no rate cuts from BoE however that might be priced and a spike up maybe limited hence I have last weeks high on my interest area. If hawkish we could see a rise above 127 that said also depends on other data
Insane in the Brain..
  • #824,599
  • May 7, 2024 6:16am May 7, 2024 6:16am
Quoting HaLBot
{quote} I wouldn't say yesterday was a quiet day but today so far except for me both days been profitable. 18% yesterday and 15% so far today scalping Euro and Cable with NY still to come I stopped trading at 1.2539 but of course now there is more buying euro too Don't usually make so much 2 days running
ah yes, the classic +15% in a <20 pip range. i'm sure you don't have a track record to rival that of motys.
  • #824,600
  • May 7, 2024 6:17am May 7, 2024 6:17am
Quoting BeeTogether
{quote} well done mate! I’m still waiting for friggin b/e at 126 that said if the data releases this week are meh i will take a hit and switch to shorts. likelihood no rate cuts from BoE however that might be priced and a spike up maybe limited hence I have last weeks high on my interest area. If hawkish we could see a rise above 127 that said also depends on other data

Yes but in the meantime hope your buying/selling to bring yourself some muny??
Don't Leave Money on the Table
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