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Cable Update (GBPUSD)

  • #830,761
  • Jun 28, 2024 2:28am Jun 28, 2024 2:28am
Quoting ScalaFX
{quote} will be happy close to 2300
the thing with gold there is no build up on shorts.. 1h start to move and forget to stop.

so must take big risks, or plenty of attempts
im already in 2325

target 2270 today.
could completely wrong if price going few points above.
lets say i dont want to see price above 2328.5
  • #830,762
  • Jun 28, 2024 3:00am Jun 28, 2024 3:00am
2647. Breaks up , now probable pa.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #830,763
  • Jun 28, 2024 3:01am Jun 28, 2024 3:01am
Quoting MarunCable
I'm Long at 1.26239 SL 1.25750 TP 1: 1.26700 TP 2: 1.27000 {image}
Manually Closed +20
Set GOAL, REACH and REPEAT.
  • #830,764
  • Jun 28, 2024 3:03am Jun 28, 2024 3:03am
G/M, an inverted hammer bullish-bodied dly candle close y/day and the lo was deeper into that wide prev 4hr/dly/minor wkly sw hi zone = prev res = pot rbs that starts @ 2634 - a 1st false downside b/o of last week's lo. There will be a 2nd LL on dly @ y/day's lo or lower, this after 2 x LH's. Today so far - a 1st false upside b/o of the asian hi to a new current dly hi, and asian lo is the current dly lo.

1hr below
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Trader with an Edge.
  • #830,765
  • Jun 28, 2024 3:08am Jun 28, 2024 3:08am
The Pound/USD daily chart is showing a downward trend, but I don't think we can expect much of a drop in the H4 and weekly charts.
For now, my only option for trading is to go long on GBPJPY.

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  • #830,766
  • Jun 28, 2024 3:13am Jun 28, 2024 3:13am
Quoting fxted
{quote} 1 more. Will just hold till it hits sl. Edit: Moved stop. Take care everyone. Later news. {image}
Out. Final trade of the day. Take care later news.
  • #830,767
  • Jun 28, 2024 3:21am Jun 28, 2024 3:21am
...you can see where y/day's hi encountered supply - @ bottom of that prev 4hr sw lo zone = prev supp = pot sbr (1hr bearish hidden div there,) and that 23.6% of the total 2860-2612 recent drop move.

4hr below
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Trader with an Edge.
  • #830,768
  • Jun 28, 2024 3:55am Jun 28, 2024 3:55am
Eurusd also may ready for bottom and bear continuation of today !
https://www.forexfactory.com/thread/...5#post14915035
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #830,769
  • Jun 28, 2024 4:04am Jun 28, 2024 4:04am
Biden was embarrassing, the $ is toast.
I doubt he would survive (literally) another term in office.
Compulsions can be hard to resist
  • #830,770
  • Jun 28, 2024 4:24am Jun 28, 2024 4:24am
...bulls are trying from around the 61.8% of asian/current dly lo - current dly hi up-move. Last (gmt+3 price feed) 4hr closed as an inverted hammer. Will we see a 2nd truer upside b/o of the asian (and even current dly) hi's? The last LH on dly, the 2702 current wkly hi seems a long ways off for the bulls right now!? Next 3 fib cluster to upside is 2686-92.

Price remains inside the current wkly hi-lo presently. Only 56% of 13wk (1/4yr) awr traveled so far this week on this last trading day of week.

4hr/1hr, then fibs below
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Trader with an Edge.
  • #830,771
  • Jun 28, 2024 4:27am Jun 28, 2024 4:27am
Quoting trumps
Biden was embarrassing, the $ is toast. I doubt he would survive (literally) another term in office.
im actually surprised he hasnt popped it already.. the guy is a walking car crash. Although I would think that would make the $ stronger as it opens the door for Trump
Insane in the Brain..
  • #830,772
  • Jun 28, 2024 4:30am Jun 28, 2024 4:30am
Quoting BeeTogether
{quote} im actually surprised he hasnt popped it already.. the guy is a walking car crash. Although I would think that would make the $ stronger as it opens the door for Trump
Zebi’s charts show the $ gets stronger with Dems in office and weaker with republicans.
Compulsions can be hard to resist
  • #830,773
  • Jun 28, 2024 4:32am Jun 28, 2024 4:32am
Quoting BeeTogether
{quote} im actually surprised he hasnt popped it already.. the guy is a walking car crash. Although I would think that would make the $ stronger as it opens the door for Trump
Did you watch the debate? Did you hear them comparing their golf performance!?!? Two retarded choices of leader for the most retarded country on the planet I feel sorry for the very small minority of decent American people. Actually, most of them left years ago! Good for them. USA is so so fucked
Emotional Control. Process, not outcome.
  • #830,774
  • Jun 28, 2024 4:40am Jun 28, 2024 4:40am
Quoting Konichiwhaat
{quote} Did you watch the debate? Did you hear them comparing their golf performance!?!? Two retarded choices of leader for the most retarded country on the planet I feel sorry for the very small minority of decent American people. Actually, most of them left years ago! Good for them. USA is so so fucked
nope I was in cloud cuckoo land fast asleep. We have enough douches here in the UK lol
Insane in the Brain..
  • #830,775
  • Jun 28, 2024 4:44am Jun 28, 2024 4:44am
Quoting BeeTogether
{quote} im actually surprised he hasnt popped it already.. the guy is a walking car crash. Although I would think that would make the $ stronger as it opens the door for Trump
They are both a disaster and neither of them should be anywhere near an election.

I am glad I am not an American, but then again I am from the UK and we have Starmer and Sunak. Oh joy!
  • #830,776
  • Jun 28, 2024 4:44am Jun 28, 2024 4:44am
Quoting BeeTogether
{quote} nope I was in cloud cuckoo land fast asleep. We have enough douches here in the UK lol
Yup, you do! To be fair, they are all around us! As traders, we gotta just play the cards their drama deals us. Madness
Emotional Control. Process, not outcome.
  • #830,777
  • Jun 28, 2024 4:45am Jun 28, 2024 4:45am
Squeeze mf
My tp is 1.26700-750
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yes yes yes
  • #830,778
  • Jun 28, 2024 4:47am Jun 28, 2024 4:47am
Pound looking a bit strong ..
Insane in the Brain..
  • #830,779
  • Jun 28, 2024 5:11am Jun 28, 2024 5:11am
Quoting BeeTogether
Pound looking a bit strong ..
Hi, is it trying to break upside of the dly falling wedge? Time will tell.

dly below
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Trader with an Edge.
  • #830,780
  • Jun 28, 2024 5:14am Jun 28, 2024 5:14am
last trading day of Q2 the month and the week

i am taking a break

till next week guys
MY OPINION NOT FINANCIAL ADVISE
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