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Cable Update (GBPUSD)

  • #830,241
  • Jun 21, 2024 9:42am Jun 21, 2024 9:42am
Quoting JayBag
{quote} Have any appetite for some BTC? some longs below and around 63670. 63670 or previous Low should hold if anything.
My longs closed yesteday with some profit, but I said that BTC want one more leg down, overall I see near 72000 but I want buy little above 61000 or 61500
People don't plan to lose. They lose because they don't plan.
  • #830,242
  • Jun 21, 2024 9:48am Jun 21, 2024 9:48am
Quoting ScalaFX
{quote}My longs closed yesteday with some profit, but I said that BTC want one more leg down, overall I see near 72000 but I want buy little above 61000 or 61500


next week buddy..

cheers everyone
MY OPINION NOT FINANCIAL ADVISE
  • #830,243
  • Jun 21, 2024 9:53am Jun 21, 2024 9:53am
Quoting donfriday
{quote} next week buddy.. cheers everyone
People don't plan to lose. They lose because they don't plan.
  • #830,244
  • Jun 21, 2024 10:59am Jun 21, 2024 10:59am
As weekly going to end , so checking weekly chart ! What not done may do next week , good support around 2557. And more drama for many weeks there after. Let's see , take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #830,245
  • Jun 21, 2024 11:14am Jun 21, 2024 11:14am
Hello Guys,
dont know much about the Pound,
because i am not trading it from long time,
but GOLD YES that is Good for now,
GO with the flow as they say,

i will be buying GOLD at 2315 2310
stoploss Below: 2280
target 1: 2335
target 2: 2360
nice drop in GOLD today
next week PCE and Core PCE which FED cares about More then NFP and CPI to be honest might have huge impact on gold with Geopolitical tensions around the GOLD and also,
China is again started buying GOLD so,
it will be nice for us to go with the flow today S&P helped a lot for the gold to hit 2320
which is good enough for us to buy and hold for the targets.
just my 2 cents,
now lets get back to YEN waoo 159.50
very close to 160 where BOJ triggered the Button last time,
i have 1 sell limit at 160.00
target is not set yet but will be looking for 200-300 pips if BOJ will trigger,
or maybe PCE will help Risk aversion is also a good enough reason for the YEN to drop,
next week we will see,
just in case market moves on monday to hit the 160 level i have sell limit,
but for GOLD buy is still better then Selling IMO,
i dont know about others,
GOOD luck.
Don't compare your Trades with Others
  • #830,246
  • Jun 21, 2024 12:30pm Jun 21, 2024 12:30pm
Quoting DubaiFX
Hello Guys, dont know much about the Pound, because i am not trading it from long time, but GOLD YES that is Good for now, GO with the flow as they say, i will be buying GOLD at 2315 2310 stoploss Below: 2280 target 1: 2335 target 2: 2360 nice drop in GOLD today next week PCE and Core PCE which FED cares about More then NFP and CPI to be honest might have huge impact on gold with Geopolitical tensions around the GOLD and also, China is again started buying GOLD so, it will be nice for us to go with the flow today S&P helped...
dubi, where have you heard that China start to
buy Gold. Last week i heard they stopped

i just wanna know where you read news, thanks in advance
  • #830,247
  • Jun 21, 2024 12:54pm Jun 21, 2024 12:54pm
Quoting donfriday
{quote} anyone here know anything about futures market. my decade in fx i have no clue about it i saw people talking about it and i am so confused.
https://www.forexfactory.com/thread/...0#post14906230
https://www.forexfactory.com/thread/...3#post14907493
https://www.forexfactory.com/thread/...6#post14907916
  • #830,248
  • Jun 21, 2024 1:03pm Jun 21, 2024 1:03pm
Have a good weekend folks!
Insane in the Brain..
  • #830,249
  • Jun 22, 2024 7:58am Jun 22, 2024 7:58am
as everyone knows politics influences currencies...prolly more so than data longer-term so I've been reading the tea leaves toward the usa election coming up and its good news for biden and the dems

we're kicking off with the first presidential debate this Thursday..there are new rules so trump cant keep interrupting biden as he speaks

“Will you shut up, man?” It was hardly oratory worthy of Abraham Lincoln, but Joe Biden’s primal plea in the face of relentless interruptions and heckling from Donald Trump provided a defining soundbite of the 2020 presidential debates. https://www.theguardian.com/us-news/...dential-debate

so ill be watching the dollar chart during the debate

I'm sure everyone is also familiar with my old dollar chart I made in 2020 showing how it reacts to rep and dem presidents so if it goes up means biden is the winner
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short trump and go long the deepstate
  • #830,250
  • Edited 10:36am Jun 22, 2024 8:21am | Edited 10:36am
theres alot of talk about trump raising more campaign money than joe...but that's a lot of hooey...only people giving to don are fascist billionaires like musk, thiel, adelson and others
https://www.ft.com/content/a085a5b0-...e-80859fdae14d

but as you can see by the performance of truth social the rest of wall street shits on donalds head (chart below)
https://www.cnn.com/2024/06/21/busin...djt/index.html

plus there's more and more fear about dons economic policies

https://www.newsweek.com/donald-trum...ection-1915483

follow the money gentlemen... wall street knows everything LOL

don't be fooled by dumbass racist immigration maga rhetoric... look what that did to Britain voting brexit LOL

most Americans despise donald except for the few billionaires and 30% of the manga base he has
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short trump and go long the deepstate
  • #830,251
  • Jun 22, 2024 8:23am Jun 22, 2024 8:23am
i been sayin for the past year the dollar gona pick the next president....since its going up this close to the election means its choosing biden since the greenback loves democrats
short trump and go long the deepstate
  • #830,252
  • Jun 22, 2024 2:33pm Jun 22, 2024 2:33pm
Quoting Zebi
i been sayin for the past year the dollar gona pick the next president....since its going up this close to the election means its choosing biden since the greenback loves democrats
Trump is leading according to news ?
Intraday only.
  • #830,253
  • Jun 22, 2024 3:36pm Jun 22, 2024 3:36pm
Quoting navk
{quote} Trump is leading according to news ?
No guarantee the Dems will run Biden. They can swap him out between here and Nov. I have money (literally) on Robert F Kennedy Jr replacing him. Biden has not been looking at all well lately. RFK Jr is much younger, fitter, healthier, appeals to both left and right bec he is currently an independent. He has political pedigree and voter pulling power galore.
  • #830,254
  • Jun 22, 2024 6:01pm Jun 22, 2024 6:01pm
Quoting Jade Gate
{quote} No guarantee the Dems will run Biden. They can swap him out between here and Nov. I have money (literally) on Robert F Kennedy Jr replacing him. Biden has not been looking at all well lately. RFK Jr is much younger, fitter, healthier, appeals to both left and right bec he is currently an independent. He has political pedigree and voter pulling power galore.
Wow...that would be interesting and not something I had heard.
Its all just one persons opinion
  • #830,256
  • Jun 22, 2024 7:40pm Jun 22, 2024 7:40pm
Quoting axecap
{quote} Wow...that would be interesting and not something I had heard.
Gavin Newsom (current Gov of Ca) has moved up in the betting stakes for next Pres, now in #3 spot. But he's very Dem, won't appeal to the middle ground. In politics, it's that middle ground that makes all the difference, the swinging voter.
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  • #830,257
  • Jun 22, 2024 9:34pm Jun 22, 2024 9:34pm
Quoting Jade Gate
{quote} Gavin Newsom (current Gov of Ca) has moved up in the betting stakes for next Pres, now in #3 spot. But he's very Dem, won't appeal to the middle ground. In politics, it's that middle ground that makes all the difference, the swinging voter. {image}
Ive heard the swinging/independants also called double haters in terms of the current choice they have.
Makes sense to get a replacement, and RFK is proven to be more middle. I guess though, Biden will have to be carried out, which is still a possible scenario.
Its all just one persons opinion
  • #830,258
  • Jun 22, 2024 10:22pm Jun 22, 2024 10:22pm
...does this sound familiar...
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  • #830,259
  • Jun 22, 2024 11:04pm Jun 22, 2024 11:04pm
Quoting Waveskierrob
...does this sound familiar... {image} {image}
Put 100 traders in the same room with a naked chart, give them all a bunch of TA tools (everyone has the same wide selection), and each trader will see that chart differently. And every one of them will believe they have it right.

Until..... market comes along with a big FU you all !!
  • #830,260
  • Jun 22, 2024 11:31pm Jun 22, 2024 11:31pm
Quoting Jade Gate
{quote} Put 100 traders in the same room with a naked chart, give them all a bunch of TA tools (everyone has the same wide selection), and each trader will see that chart differently. And every one of them will believe they have it right. Until..... market comes along with a big FU you all !!
...and would those 100 traders trade differently if they were told that the markets we're random, I think right or wrong, most would still try to find some pattern in the randomness, maybe a question to all "How would you trade if you thought the markets were random"...just something to think about...
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