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Cable Update (GBPUSD)

  • #830,661
  • Jun 27, 2024 4:57am Jun 27, 2024 4:57am
Quoting BeeTogether
{quote} Did the Bailey speech happen?
speaking now
People don't plan to lose. They lose because they don't plan.
  • #830,662
  • Jun 27, 2024 4:58am Jun 27, 2024 4:58am
Yes yes yes
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yes yes yes
  • #830,663
  • Jun 27, 2024 5:04am Jun 27, 2024 5:04am
Quoting BeeTogether
{quote} Did the Bailey speech happen?
Hi, yeh but it was on financial stability not interest rates etc...
-----------------------------------------------------------------------

...fib cluster above current price, that includes 50% of the current wkly hi-lo move.

4hr/1hr below
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Trader with an Edge.
  • #830,664
  • Jun 27, 2024 5:12am Jun 27, 2024 5:12am
Quoting boycalculus
{quote} in as much as I agree with u, there will be 61% retracement before this uptrend u spoke of. And that will be around 1.2626 before the up trend. If you are already in then you will still have to wait for these pullback before you take your target. I will wait for the pullback and enter at 1.2626. on the hourly chart, there is a railway track formation which agrees with my analysis for a pullback. Enjoy
yes. The price you mentioned is for those who missed long entry at lows in Asia.
I am done and dusted already.
In fact for the day.
If I get anything in NY, it is bonus
Intraday only.
  • #830,665
  • Jun 27, 2024 5:13am Jun 27, 2024 5:13am
Gold expeting down continuation from 2313, first short from here pendings 15,17,19,21, target 2285
People don't plan to lose. They lose because they don't plan.
  • #830,666
  • Jun 27, 2024 5:19am Jun 27, 2024 5:19am
Quoting ScalaFX
Gold expeting down continuation from 2313, first short from here pendings 15,17,19,21, target 2285
I have my eyes on gbpjpy... It already looks very exhausted... This can crash Gu below 1.26.
Data + Stat + Risk/Emotions Management
  • #830,667
  • Jun 27, 2024 5:22am Jun 27, 2024 5:22am
Quoting navk
{quote} yes. The price you mentioned is for those who missed long entry at lows in Asia. I am done and dusted already. In fact for the day. If I get anything in NY, it is bonus
I took a good profits from the trade as well.
  • #830,668
  • Jun 27, 2024 5:25am Jun 27, 2024 5:25am
...there is some bearish hidden div present @ current dly hi on 1hr but may stay good on any higher move up so long as below 2693. Yes there is a 4hr general downtrend (next higher t/f,) but no real 4hr pot res/preferably sbr @ that current dly hi.

1hr below
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Trader with an Edge.
  • #830,669
  • Jun 27, 2024 5:27am Jun 27, 2024 5:27am
Quoting Georginson
{quote} I have my eyes on gbpjpy... It already looks very exhausted... This can crash Gu below 1.26.
gbyjpy is forming a divergence on 4H which cause the fislrst pullback but the divergence is still much in place and so pushing further to 203 will complete the full process before the final pullback below 200
  • #830,670
  • Jun 27, 2024 5:32am Jun 27, 2024 5:32am
Quoting boycalculus
{quote} I took a good profits from the trade as well.
This chart does not tell me to short.

The concept used here in this chart just pours money into account.

The profit you see is demo.
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Intraday only.
  • #830,671
  • Jun 27, 2024 5:34am Jun 27, 2024 5:34am
Quoting Georginson
{quote} I have my eyes on gbpjpy... It already looks very exhausted... This can crash Gu below 1.26.
yeah, GJ take long ride, time first some correction
People don't plan to lose. They lose because they don't plan.
  • #830,672
  • Jun 27, 2024 5:37am Jun 27, 2024 5:37am
Quoting navk
{quote} This chart does not tell me to short. The concept used here in this chart just pours money into account. The profit you see is demo. {image}
am not asking you to short because I am buying in it. It's a misunderstanding man. Gbpusd is long on the long run
  • #830,673
  • Jun 27, 2024 5:42am Jun 27, 2024 5:42am
...50% of y/day hi - asian/current dly lo move reached, @ current dly hi

1hr below
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Trader with an Edge.
  • #830,674
  • Jun 27, 2024 5:42am Jun 27, 2024 5:42am
Quoting boycalculus
{quote} am not asking you to short because I am buying in it. It's a misunderstanding man. Gbpusd is long on the long run
That post was for others, not you.
Intraday only.
  • #830,675
  • Edited 7:41am Jun 27, 2024 5:43am | Edited 7:41am
1.26583
TP
  • #830,676
  • Jun 27, 2024 5:50am Jun 27, 2024 5:50am
Final GDP q/q and unemployment news by 1:30pm GMT. Any good expectations?
  • #830,677
  • Jun 27, 2024 5:50am Jun 27, 2024 5:50am
Quoting Georginson
{quote} I have my eyes on gbpjpy... It already looks very exhausted... This can crash Gu below 1.26.
gu.
I would have already shorted it, but there is no s/r level nearby.
m30.
  • #830,678
  • Jun 27, 2024 5:55am Jun 27, 2024 5:55am
Quoting boycalculus
Final GDP q/q and unemployment news by 1:30pm GMT. Any good expectations?
that news might sink dxy
  • #830,679
  • Jun 27, 2024 5:59am Jun 27, 2024 5:59am
Quoting mrwealthy
{quote} that news might sink dxy
might? I like your use of word. In that case to stay clear until the data are released is the best option?
  • #830,680
  • Jun 27, 2024 6:03am Jun 27, 2024 6:03am
Quoting boycalculus
{quote} might? I like your use of word. In that case to stay clear until the data are released is the best option?
Yes
or BE if you already have running trade
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