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Cable Update (GBPUSD)

  • #831,621
  • Jul 8, 2024 5:21am Jul 8, 2024 5:21am
Quoting dempire1
{quote} why not?
Why so?
  • #831,622
  • Jul 8, 2024 5:22am Jul 8, 2024 5:22am
Quoting BeeTogether
{quote} could be a couple of factors, friday was quiet to an extent and even NFP was a miss the overall data was less than last month, raising hope for a Sept cut from Fed. Also the French election result was a defeat for the extreme right so again a booster for the euro. Still we are only just above Sunday opening so a drop can come at any time from a liquidity grab perspective.
Thanks brotherly
  • #831,623
  • Jul 8, 2024 5:31am Jul 8, 2024 5:31am
For 5.5 pts
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yes yes yes
  • #831,624
  • Jul 8, 2024 5:31am Jul 8, 2024 5:31am
Will enter short again around 28300
  • #831,625
  • Jul 8, 2024 5:35am Jul 8, 2024 5:35am
Quoting Jackoboms
Will enter short again around 28300
seems to be a good area to get back to 128 at least.
maybe 128-12790 provides the spring board to 129
Insane in the Brain..
  • #831,626
  • Jul 8, 2024 5:38am Jul 8, 2024 5:38am
Quoting Waveskierrob
{quote} Same here ignored him over an hour a ago, breath of fresh air, he's not nasty just another brainwashed fool that believes everything he reads and calls it research ...
Once upon a time, not so long ago, someone claimed trading below 1hr tf is shithead, blah blah....

Now he bets his ass on the 5mins tf.
More time in the market, does not mean you trade better!
  • #831,627
  • Jul 8, 2024 5:41am Jul 8, 2024 5:41am
Quoting BeeTogether
{quote} seems to be a good area to get back to 128 at least. maybe 128-12790 provides the spring board to 129
Cool, but we could drop 100 pips from 1.283 before bullish continuation.
  • #831,628
  • Jul 8, 2024 5:45am Jul 8, 2024 5:45am
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yes yes yes
  • #831,629
  • Jul 8, 2024 5:47am Jul 8, 2024 5:47am
Quoting Jackoboms
{quote} Cool, but we could drop 100 pips from 1.283 before bullish continuation.
quite possibly however I can’t see anything this in the data sheet that would cause a big drop
Insane in the Brain..
  • #831,630
  • Jul 8, 2024 5:50am Jul 8, 2024 5:50am
If you want the best rate you have to wait for it

every trader have different rates request


plan your trade and trade your plan
MY OPINION NOT FINANCIAL ADVISE
  • #831,631
  • Jul 8, 2024 6:12am Jul 8, 2024 6:12am
Anyone buying Gold for 2412.62 level, risky long tho (BO/RT setup)?
More time in the market, does not mean you trade better!
  • #831,632
  • Jul 8, 2024 6:37am Jul 8, 2024 6:37am
Quoting Headland
... Strongly bullish > 13 wk (1/4yr) awr Wkly, and Dly thrust candle closes on Friday. 7 consecutive bullish-bodied candle closes on my dly t/f now, with price @ last week's close challenging the wide dly/wkly part of the prev 4hr/dly/minor wkly sw hi zone = prev res = pot res that extends up to 2860. The descending wkly t/line that joins 4249~2860 comes thru on Monday's dly candle circa 2830. 1hr and 4hr are in 'general' uptrends and dly and wkly are rangy- currently bullish, the dly having seen a close above the last 2 x LH's on that t/f, (2702...
...price @ 2830 current dly hi did hit hit that longer-term wkly descending t/line that joins 4249~2860. This is in the dly/wkly part of the prev 4hr/dly/minor wkly sw hi zone that extends up to said 2860. Not much happening so far today but bulls have so far been buying the shallow dips, with an upside break of last wk's hi and today's Asian hi.

Dly below
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Trader with an Edge.
  • #831,633
  • Jul 8, 2024 6:48am Jul 8, 2024 6:48am
Sold 1.2828 SL 1.2848
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #831,634
  • Jul 8, 2024 6:58am Jul 8, 2024 6:58am
3rd batch of shorts 2827, 26, 25, pendings 30,32,35 hedge
People don't plan to lose. They lose because they don't plan.
  • #831,635
  • Jul 8, 2024 7:10am Jul 8, 2024 7:10am
Quoting Fardeen1209
Anyone buying Gold for 2412.62 level, risky long tho (BO/RT setup)?
I am
2368 is ress that becomes a support
Come on mister mf
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yes yes yes
  • #831,636
  • Jul 8, 2024 7:15am Jul 8, 2024 7:15am
12830 breakout, maybe 12850 before a correction to daily opening
Insane in the Brain..
  • #831,637
  • Jul 8, 2024 7:34am Jul 8, 2024 7:34am
Quoting Yngwie
Sold 1.2828 SL 1.2848
Shorted at 1.28330

Will do one more short if market goes higher and hold.
  • #831,638
  • Jul 8, 2024 7:47am Jul 8, 2024 7:47am
PA is screaming at you to fo long

in long-1.2835

tp1-1.29 — by Wednesday
tp2- 1.3050- post cpi

sl-1.2770
  • #831,639
  • Jul 8, 2024 7:50am Jul 8, 2024 7:50am
GU: H4
1M is still bullish. I will sell if 1M chart allow me. Next H4 Candle is very important.
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Intraday Trading is an Art _ hoda
  • #831,640
  • Jul 8, 2024 7:58am Jul 8, 2024 7:58am
Quoting Fardeen1209
{quote} Once upon a time, not so long ago, someone claimed trading below 1hr tf is shithead, blah blah.... Now he bets his ass on the 5mins tf.
...and scalping is for $heethead, prop accounts are $heetheads, peasants don't have money for 100 pips stops, etc. I got it, his imaginary girlfriend made him do all of this.
Always trade your own plan...I don't provide trading signals.
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