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Cable Update (GBPUSD)

  • #830,321
  • Jun 24, 2024 3:28am Jun 24, 2024 3:28am
Quoting birdland
to avoid any misunderstandings: i have no allegiance to either russia or the west. both are concerned with natural resources in ukraine, but both are lying to the public about other reasons for the war. it's...like forex trading...once again just about money;-)

Bullshit Birdland your a Wrusskie
Don't Leave Money on the Table
  • #830,322
  • Jun 24, 2024 3:32am Jun 24, 2024 3:32am
Quoting HaLBot
{quote} Bullshit Birdland your a Wrusskie
i don't stick to either side...in trading i'm also not a long or a short;-)
trading is like dancing, don't think and just listen to the music!
  • #830,323
  • Jun 24, 2024 3:33am Jun 24, 2024 3:33am
Quoting birdland
{quote} i don't stick to either side...in trading i'm also not a long or a short;-)

Birdland just joking m8
Don't Leave Money on the Table
  • #830,324
  • Jun 24, 2024 3:37am Jun 24, 2024 3:37am
This woman I follow for forex trading Lingrid has posted this chart of Eur/Usd going long which implies Cable heading north also. She could be wrong and doesn't get it right all the time...

Being a bull I had a little feast so far today

Not that I have anything against selling it's just that I'm not very good at it, should just follow the bears here
Attached Image (click to enlarge)
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Don't Leave Money on the Table
  • #830,325
  • Jun 24, 2024 3:39am Jun 24, 2024 3:39am
Quoting ScalaFX
anybody seeing GU like I at 1.29 at end of the week?
I'm bullish as well but not this week I think. No significant news to take out all the highs untill 1.29( only US GDP q/q). Looks like we'll hover around 1.26-1.27 this week.
Just another trader in drawdown... Volume Profiles & PA
  • #830,326
  • Jun 24, 2024 3:40am Jun 24, 2024 3:40am
Quoting Waveskierrob
{quote} Others may disagree...
Who? Ferna? Where is he? Still searching for equality among traders?
He wants to be equal to you.

  • #830,327
  • Jun 24, 2024 3:41am Jun 24, 2024 3:41am
G/M, the 4hr/dly/wkly part of that prev 1hr/4hr/dly/minor wkly sw hi zone = prev res = pot rbs that starts @ 2634 provided the demand @ fri's lo. Price remains in between fri's hi and lo, and has made an upside b/o of today's asian hi.

@ current dly hi price is challenging a prev 1hr/4hr sw hi zone = prev res = pot res / 2 x upside fibs/Wkly Pivot, as well as the 4hr/dly part of the prev 1hr/4hr/dly sw lo zone that starts @ 2658 = prev supp = pot sbr (see dly chart below.)

dly then 1hr below
Attached Image(s) (click to enlarge)
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Trader with an Edge.
  • #830,328
  • Jun 24, 2024 3:53am Jun 24, 2024 3:53am
Buy GU here at 1.2659
  • #830,329
  • Jun 24, 2024 3:54am Jun 24, 2024 3:54am
Attached Image (click to enlarge)
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yes yes yes
  • #830,330
  • Jun 24, 2024 3:54am Jun 24, 2024 3:54am
Quoting ScalaFX
anybody seeing GU like I at 1.29 at end of the week?
I think we may have not hit the bottom of the drop yet. Potentially 129-130 end of first week of July after UK elections. Especially if it is the landslide that has been predicted.
Insane in the Brain..
  • #830,331
  • Jun 24, 2024 3:58am Jun 24, 2024 3:58am
Quoting BeeTogether
{quote} I think we may have not hit the bottom of the drop yet. Potentially 129-130 end of first week of July after UK elections. Especially if it is the landslide that has been predicted.

I see Nigel Farage's party is polling well and what will that do to the political landscape? Maybe a lot of the seats labour is expecting will go their way?
All will be revealed on election day
Don't Leave Money on the Table
  • #830,332
  • Jun 24, 2024 3:59am Jun 24, 2024 3:59am
Quoting Moty
{image}
Moty, we are on the same side, but for the different reasons.
Green pips to you, my dear friend.

  • #830,333
  • Jun 24, 2024 3:59am Jun 24, 2024 3:59am
Quoting ScalaFX
anybody seeing GU like I at 1.29 at end of the week?
i see a boring range between 1.26 and 1.27 this week

my overall view bullish
MY OPINION NOT FINANCIAL ADVISE
  • #830,334
  • Jun 24, 2024 4:09am Jun 24, 2024 4:09am
Quoting ScalaFX
anybody seeing GU like I at 1.29 at end of the week?
ok, seems Im not alone, thats good,GU can deep some more to test 1.26 or even 257x but I still see price dont take all LQ to dive deep oto the end of the year, lets see how this play out
People don't plan to lose. They lose because they don't plan.
  • #830,335
  • Jun 24, 2024 4:16am Jun 24, 2024 4:16am
Quoting HaLBot
{quote} I see Nigel Farage's party is polling well and what will that do to the political landscape? Maybe a lot of the seats labour is expecting will go their way? All will be revealed on election day
even though he is polling well from
what I’ve been reading he won’t win many if any seats. His appeal is to the far right of the Tory party with one mantra to stir up racial hatred.
Insane in the Brain..
  • #830,336
  • Jun 24, 2024 4:16am Jun 24, 2024 4:16am
Quoting ScalaFX
anybody seeing GU like I at 1.29 at end of the week?
volatility is too low for GU to reach that level, we only have average of 50p/day for the week ( unless there is a surprise )
https://breakpullback.com
  • #830,337
  • Jun 24, 2024 4:16am Jun 24, 2024 4:16am
in any case, I expect a corrective candle to the north today or tomorrow.
eur/aud.
GBP/AUD
D1.
  • #830,338
  • Jun 24, 2024 4:19am Jun 24, 2024 4:19am
...the prev 1hr/4hr sw hi zone to 2674 = prev res = pot res, (coexistent with the prev 4hr/dly sw lo zone that starts @ 2658, = prev supp =pot sbr) was the 1st test to get north of it from below it. It extends on 4hr and dly to circa 2685.

Dly R1 is just above current dly hi, @/around 2668.

4hr below
Attached Image (click to enlarge)
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Trader with an Edge.
  • #830,339
  • Jun 24, 2024 4:31am Jun 24, 2024 4:31am
BTC waited for this level 61800, FIRST long active, will add till 60000 for 72000 medium term
People don't plan to lose. They lose because they don't plan.
  • #830,340
  • Jun 24, 2024 4:38am Jun 24, 2024 4:38am
Quoting Yngwie
Sold 1.2655
this closed -5p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
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