New Cable Thread & Other Pairs | Page 299 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Trading correlation pairs by using the other pairs 843 replies

ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies

Problem: S&R/Trend-lines appear in other pairs 19 replies

Charts, Charts, Charts! 1 reply

Link Charts & Floating Charts 4 replies

Attachments: New Cable Thread & Other Pairs
Exit Attachments

New Cable Thread & Other Pairs

  • #5,961
  • Jun 14, 2024 10:59am Jun 14, 2024 10:59am
The break below 1.0700 today, driven by negative sentiment, certainly raises some concerns. However, it's interesting to note that the market has found temporary support around 1.0668. As many of you can see, resistance lies at the previously broken support area of 1.0720/30, and a failure to push higher from here could lead to further downside pressure.

On the other hand, if bulls manage to stage a stronger recovery, they may encounter resistance around 1.0765.

With bears potentially eyeing the 1.0650/43 area or lower, it's important to exercise patience and allow the market to consolidate before considering new positions.

I should close for today, the weekend is coming! I wish you a great restfull weekend full of fan! See you!


You can follow me from my profile so you don't miss any of my posts
Looking for profitable short term trades ...|
  • #5,962
  • Jun 14, 2024 11:47am Jun 14, 2024 11:47am
Quoting Js3mwtRc
The break below 1.0700 today, driven by negative sentiment, certainly raises some concerns. However, it's interesting to note that the market has found temporary support around 1.0668. As many of you can see, resistance lies at the previously broken support area of 1.0720/30, and a failure to push higher from here could lead to further downside pressure. On the other hand, if bulls manage to stage a stronger recovery, they may encounter resistance around 1.0765. With bears potentially eyeing the 1.0650/43 area or lower, it's important to exercise...
And while you wait a 100-pip move cokes riding in hot air on the 5-minute chart then you buy, but alas you bought late. Hahaha... just retelling the story of bulls this week.
  • #5,963
  • Jun 14, 2024 8:28pm Jun 14, 2024 8:28pm
Quoting T721
Brilliant film, one of my favs from that era
they dont make them, like they used to.
I remember growing up watching the flintstones or scooby doo and usually a western with someone like John Wayne on the Sunday afternoon on TV.
  • #5,964
  • Jun 14, 2024 10:00pm Jun 14, 2024 10:00pm
Quoting Js3mwtRc
{quote} You are doing it like a pro!
thank you for the encouragement. I enjoy your charts I dont know much about fundamentals.
It is interesting. Is there a website where this info below is found from your post ?

  1. Jun 11, 2024 11:46pm post 5775 here on this thread
  2. EURUSD
  3. Short 30 % 11428.01 lots 41469
    Long 70 % 27278.53 lots 114732

  • #5,965
  • Edited Jun 15, 2024 1:05am Jun 14, 2024 10:46pm | Edited Jun 15, 2024 1:05am
Quoting T721
{quote} how i traded this {image}
a solid trade with confidence. very helpful to see that chart
Is this FVG correct in this location before the big news candle?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-a-h4-oanda-corporation (1).png Size: 66 KB
  • #5,966
  • Jun 15, 2024 1:10am Jun 15, 2024 1:10am
Quoting birdland
interesting, european markets crash, USA not...imminent planned war against russia? they are already vaccinating the population against the evil russians;-)
It was also interesting that EUR go down, Gold up, but not very strong. Very often happening when there is a geopolitical hidden risk. Maybe in the weekend we will know the trueth.
  • #5,967
  • Jun 15, 2024 2:59am Jun 15, 2024 2:59am
Quoting ianlikesgolf
{quote} thank you for the encouragement. I enjoy your charts I dont know much about fundamentals. It is interesting. Is there a website where this info below is found from your post ? Jun 11, 2024 11:46pm post 5775 here on this thread EURUSD Short 30 % 11428.01 lots 41469 Long 70 % 27278.53 lots 114732
Here it is > https://www.myfxbook.com/community/outlook/EURUSD

Thanks!
Looking for profitable short term trades ...|
  • #5,968
  • Jun 15, 2024 3:07am Jun 15, 2024 3:07am
EUR/USD closed down this week after printing a remarkable bullish candle at Wednesday because of bad US CPI for the US Dollar, next the FED was sounded more hawkish than the previous meetings and EU gave back some of its gains. Thursday's US PPI numbers surprisingly didn't helped much after they came worst than the expected number because Europe and more specific France experiences a political crisis (see weekend news) and EURUSD dropped down below 1.0765/50 fibo and US CPI low to reach the next day below 1.0700 at 1.0668 low before news and Fridays profit taking made it consolidate and close at 1.0702.

Next EU should experience resistance at 1.0724/19 broken zone or rise some more but a drop before that could find it lower below Fridays low at 1.0650/43 and if that last doesn't hold 1.0600.
Bulls must defend 1.0668 and reach 1.0765 or some higher at 1.0783.

Weekly volatility (range) 107 pips

Option expiries for Monday: 1.0805 (EU1.08b), 1.0750 (EU865.4m), 1.0670 (EU662.8m) Source: financialjuice.com

Significant news - US Retail Sales, US Industrial Production, US Initial Jobless Claims, US Housing Starts Number & US/EU Manufacturing & Services PMI'S.

Daily
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-06-15_10-24-01.png Size: 110 KB

Have a great weekend!
Looking for profitable short term trades ...|
  • #5,969
  • Jun 15, 2024 6:10am Jun 15, 2024 6:10am
Quoting Js3mwtRc
{quote} Here it is > https://www.myfxbook.com/community/outlook/EURUSD Thanks!
thank you

EURUSD
Short 23 % 11541.18 lots 47041
Long 77 % 37701.64 lots 120323
  • #5,970
  • Edited 9:16am Jun 15, 2024 6:37am | Edited 9:16am
three days of the condor (1975) movie for Robert Redford fans.

Inserted Video


Shane was a good movie. really enjoyed iit.
  • #5,971
  • Jun 16, 2024 10:41pm Jun 16, 2024 10:41pm
EUR/USD is trading in a narrow range after the opening, some pips above 1.0700, support is at 1.0668 and must keep the upside momentum intact for a move up to 1.0745 but before that it have to pass its first resistance zone at 1.0719/24. There the bears may push it hard and EU could then drop at the low of Friday or lower to 1.0650/43.

Daily volatility (range) 49 pips

Option expiries for Monday: 1.0805 (EU1.08b), 1.0750 (EU865.4m), 1.0670 (EU662.8m) Source: financialjuice.com

1 hour
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-06-17_06-36-24.png Size: 100 KB

Have a great week!
Looking for profitable short term trades ...|
  • #5,972
  • Jun 17, 2024 1:32am Jun 17, 2024 1:32am
Good morning!
...I Bet You Ain't Never Seen A Donkey Fly!
  • #5,973
  • Jun 17, 2024 2:28am Jun 17, 2024 2:28am
good morning,

GU has travelled too far down on friday.

i expect a rebound to the 1.2710-1.2715 level
trading is like dancing, don't think and just listen to the music!
  • #5,974
  • Jun 17, 2024 2:44am Jun 17, 2024 2:44am
Quoting birdland
good morning, GU has travelled too far down on friday. i expect a rebound to the 1.2710-1.2715 level
Avoids it! Maybe 1.26435/34 first.
Looking for profitable short term trades ...|
  • #5,975
  • Jun 17, 2024 2:50am Jun 17, 2024 2:50am
Another week selling against the usd, just need pullbacks..waiting.
I only follow traders with IQ above 160
Challenge Tour All Time Return: -156.8%
  • #5,976
  • Jun 17, 2024 2:55am Jun 17, 2024 2:55am
GU
W1 consolidation triangle.
1.24 is most probable support, W1 wash & rinse looks great.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 14 KB
We watch the charts from every angle so you don't have to!!
  • #5,977
  • Jun 17, 2024 3:00am Jun 17, 2024 3:00am
EUR uSD

Hello ppl
For me buying until the top of the triangle then selling .again
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_0928.jpeg Size: 1.1 MB
Scalping
  • #5,978
  • Jun 17, 2024 3:01am Jun 17, 2024 3:01am
Gold
H4 ABCD or Bfly buy lower, in any case focus is still on move to 2250-30 unless we see any crazy like upward pa.
2350-53 is good to add short.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH4.png Size: 14 KB
We watch the charts from every angle so you don't have to!!
  • #5,979
  • Jun 17, 2024 3:13am Jun 17, 2024 3:13am
GM, GW,
DXY 4H,
Between resistance and support, the power is with DXY has long as the structure remains, I go against the Dollar only for a scalp,
As simple as possible,
Attached Image (click to enlarge)
Click to Enlarge Name: 17.6 DXY.png Size: 4 KB
'In the clearing stands a boxer And a fighter by his trade..'
  • #5,980
  • Jun 17, 2024 3:14am Jun 17, 2024 3:14am
EU
The most unclear atm.
H&S D1 has failed suggesting testing of the head, problem is: M1 and W1 macd signal line that could potentially "turn everything on it's head".
There are longs and shorts in this picture.
D1 H&S pattern: Head 1.06
H4 AB-CD extension, 1.0530-15

Resistance 1.0730 (38.2 Fib + previous support)
1.0781
I will be looking at other bits to confirm suspicions namely: Macd divergence smaller tfs and pivots.
GL
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 12 KB
Click to Enlarge Name: EURUSDDaily 2.png Size: 10 KB
We watch the charts from every angle so you don't have to!!
7 traders viewing now