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Cable Update (GBPUSD)

  • #829,201
  • Jun 12, 2024 7:39am Jun 12, 2024 7:39am
Quoting Fardeen1209
{quote} Not today
Not tomorrow. Today.
  • #829,202
  • Jun 12, 2024 7:40am Jun 12, 2024 7:40am
Gold short 2330, pendings 2332, 34, 36
People don't plan to lose. They lose because they don't plan.
  • #829,203
  • Jun 12, 2024 7:41am Jun 12, 2024 7:41am
Attached Image (click to enlarge)
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yes yes yes
  • #829,204
  • Jun 12, 2024 7:42am Jun 12, 2024 7:42am
Quoting Konichiwhaat
{quote} OK shutting this puppy down before the CPI madness. Another nice result. And just for shits and giggles, I will leave the lid off of the day trade, just to see what happens... naughty naughty {image} {image}

RN is awesome
Swing Trading // 1 SETUP # UNLIMITED PATIENCE
  • #829,205
  • Jun 12, 2024 7:43am Jun 12, 2024 7:43am
Quoting eyefeelsix
{quote} for high volatility in the near future mysl-tp updated. {image}

do you know what it this? yes this's third wave

Attached Image (click to enlarge)
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https://breakpullback.com
  • #829,206
  • Jun 12, 2024 7:43am Jun 12, 2024 7:43am
Quoting magistr91
{quote} давайте продолжим {image}
goal achieved
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Снимок Ñкрана 2024-06-12 183950.png Size: 13 KB
t.me/mrt141184
  • #829,207
  • Jun 12, 2024 7:44am Jun 12, 2024 7:44am
Quoting Whale
Gold possible 2328 before continuation of downtrend to 2277 {image}
hit.. price can continue the downtrend now.. wait for shift..




as I thought, the bullish OF is always a mess. I didn’t trade because 4h structure..
GU is one of the boring assets to trade this time of the year.
  • #829,208
  • Jun 12, 2024 7:45am Jun 12, 2024 7:45am
Quoting FriyoFibo
{quote} RN is awesome
Yup, I like working with them. All my strategies are based around them, easy to calculate the risk and the math's
Emotional Control. Process, not outcome.
  • #829,209
  • Jun 12, 2024 7:47am Jun 12, 2024 7:47am
Even though I was short, I should note that with this spike price has flown away from the monthly pivot. It was so close and yet so far. With tbe break of the recent high it may not be wise to go short except for scalps.

For my small account I sold at 2744 with a SL at 2830. That's an 86 pip loss.

On to FOMC. It's interesting how none of the central banks has as much effect on their currency as much as the Fed.
  • #829,210
  • Jun 12, 2024 7:48am Jun 12, 2024 7:48am
Quoting Mitiblotch
{quote} Not tomorrow. Today.
Fed will have to be hawkish
Insane in the Brain..
  • #829,211
  • Jun 12, 2024 7:49am Jun 12, 2024 7:49am
Quoting Mitiblotch
Even though I was short, I should note that with this spike price has flown away from the monthly pivot. It was so close and yet so far. With tbe break of the recent high it may not be wise to go short except for scalps. For my small account I sold at 2744 with a SL at 2830. That's an 86 pip loss. On to FOMC. It's interesting how none of the central banks has as much effect on their currency as much as the Fed.
Yup Fed has the power.. my thoughts are no rate cut yet. Maybe later this year. It is election year after all
Insane in the Brain..
  • #829,212
  • Jun 12, 2024 7:50am Jun 12, 2024 7:50am
Quoting BeeTogether
{quote} Fed will have to be hawkish
They will be, in my opinion. US data has been strong and they take all data into consideration. All that Powell would say today was already planned before today's data. I don't think it will change. However, an almost 100 pip spike isn't a joke.
  • #829,213
  • Jun 12, 2024 7:50am Jun 12, 2024 7:50am
Quoting BeeTogether
{quote} Yup Fed has the power.. my thoughts are no rate cut yet. Maybe later this year. It is election year after all
Powell will make up for the red data because of elections. Isn't that corruption?
  • #829,214
  • Jun 12, 2024 7:55am Jun 12, 2024 7:55am
Quoting ScalaFX
Gold BE GU BE hit all, starting now one more time, better prices 2842 will add
2842, 47 active, pendings 50, 55, 60, 65, 70 if
People don't plan to lose. They lose because they don't plan.
  • #829,215
  • Jun 12, 2024 7:56am Jun 12, 2024 7:56am
Disinflation in Energy
Causing sht to happen.

Powell once said, 3% is not our goal.
3.3%, is thus far from FED goal.

Post Cpi, priced in 3 cut once again.

Powell Presser may afford to keep neutral stand, confident but work still need to be done as Little bumpy ahead..
More time in the market, does not mean you trade better!
  • #829,216
  • Jun 12, 2024 7:57am Jun 12, 2024 7:57am
Shorting at flip zone.
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  • #829,217
  • Jun 12, 2024 7:58am Jun 12, 2024 7:58am
Quoting BeeTogether
{quote} Fed will have to be hawkish
they will...

Will see where the day will close.

above 1.27625 i wouldn't touch GU short
  • #829,218
  • Jun 12, 2024 8:01am Jun 12, 2024 8:01am
Well, I pressed the red button again. I'm keeping a 100 pip SL for a TP of 200 pips at 2648.
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  • #829,219
  • Jun 12, 2024 8:02am Jun 12, 2024 8:02am
cheeky retrace on the hour close here?
Emotional Control. Process, not outcome.
  • #829,220
  • Jun 12, 2024 8:04am Jun 12, 2024 8:04am
Quoting Vincent1
{quote} Wait I also found a good confluence of trendlines and ratios around 1.2840 The situation is complicated... In any case, I'm waiting to see a bull trap
Waiting for a signal from here to enter short
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