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Cable Update (GBPUSD)

  • #831,741
  • Jul 9, 2024 8:22am Jul 9, 2024 8:22am
Quoting BeeTogether
{quote} Not sure if the Fed Powell talk in an hour is the trigger?
Hi. Could be.
--------------------
... as I have mentioned before - the dly t/f is rangy and recently bullish. We will next see a H printed @ y/day's hi or higher, which will be above the last 2 x LH's that are @ 2702 & 2740. So not an uptrend yet on this t/f and I mention this because there is 4hr bullish hidden div present now which may develop further on any deeper drop, and might stay good whilst price is above 2754. So any long entry on this signal will be into a strong next higher t/f up-move as opposed to up-trend. Who knows it may depend on J Powell,? but in any event after a strong move up there are usually some 'buy the dip' players waiting to hit that 'sweet-spot' after a p/back? It may be that some might have already missed it @ current dly lo? Anything can happen!

4hr below
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Trader with an Edge.
  • #831,742
  • Jul 9, 2024 8:26am Jul 9, 2024 8:26am
Quoting fontu
Morning session done and for evening pendings set around 2820 , up and down to see what next ! Pa always wants some drama , early confirmation level 2789 protect and crazy bounce again without ! In that case next correction may deeper than 2789 , may near 2763 . Let's see, take care {image}
Ok pa but still protecting early confirmation !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #831,743
  • Jul 9, 2024 8:29am Jul 9, 2024 8:29am
Quoting Headland
...pretty dull day so far - even on the lower t/f's. Price made a false 1st downside b/o of Asian lo then a false 1st upside b/o of Asian hi then found supply @ 2825 current dly hi, - again in the dly/wkly part of the prev 4hr/dly/minor wkly sw hi zone = prev res = pot res that extends up to 2860, shy of y/day's and current wkly hi of 2845/46. Then, @ the current dly lo - price challenged the prev 1hr/4hr sw lo zone = prev supp = pot supp that extends down to y/day's and current wkly lo. Price is right now back in the Asian range, as the 2nd downside...
Pls do not call this as dull day.

May be for scalper like me, it proved to be an excellent day.

All trades were sell. All closed.

Buy NY yet to see a fire
Intraday only.
  • #831,744
  • Jul 9, 2024 8:29am Jul 9, 2024 8:29am
The most painful things that happens sometimes to traders is when we fail to set our TP at at right prices that comes with the day!! Bought at 1.27993 sl 15 tp yesterday high
Keep the Lights on then you can catch the rise from the dark.
  • #831,745
  • Jul 9, 2024 8:33am Jul 9, 2024 8:33am
I dunno what the price intends to do now.

Up or down ?
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Intraday only.
  • #831,746
  • Jul 9, 2024 8:34am Jul 9, 2024 8:34am
Crooky pa
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yes yes yes
  • #831,747
  • Jul 9, 2024 8:48am Jul 9, 2024 8:48am
Buy at 1.2760-45
I only follow traders with IQ above 160
  • #831,748
  • Jul 9, 2024 8:49am Jul 9, 2024 8:49am
Quoting navk
{quote} Pls do not call this as dull day. May be for scalper like me, it proved to be an excellent day. All trades were sell. All closed. Buy NY yet to see a fire
Hi. Yeh for me it has been an okay day on the lower t/f's, but I've traded less than the average number of set-ups in my London morning trading session. For most though I'm guessing a 32pip range is dull,? with price trapped a lot of the time in the even smaller asian range.
Trader with an Edge.
  • #831,749
  • Jul 9, 2024 8:54am Jul 9, 2024 8:54am
Quoting Moty
Crooky pa {image}
Powell speaks may more complicate! Waiting what happen this times , price tries to take advantages or reacting in apprehension ! .
Set only one way short with sl !
Signal down starts with 2809 , earliest confirmation now 2793.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #831,750
  • Jul 9, 2024 8:55am Jul 9, 2024 8:55am
powell testifing before the senate banking commitee...gona be lots of stupid questions asked by republicans
short trump and go long the deepstate
  • #831,751
  • Jul 9, 2024 9:08am Jul 9, 2024 9:08am
Quoting Moty
Crooky pa {image}
The crookiness continues
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yes yes yes
  • #831,752
  • Jul 9, 2024 9:18am Jul 9, 2024 9:18am
All my trades on GU today.
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#Stay blue. /swinger/scalper/
  • #831,753
  • Jul 9, 2024 9:52am Jul 9, 2024 9:52am
EU has given me a buy signal but not GU...not yet anyways
short trump and go long the deepstate
  • #831,754
  • Edited 10:11am Jul 9, 2024 10:00am | Edited 10:11am
ill buy some small size EU if this hourly candle closes above that line

keep things simple gentlemen don't be dopes
my system says we'll prolly see yesterdays highs this week


edit: using a 25 pip sl...powell still talking so don't want to get run over LOL
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short trump and go long the deepstate
  • #831,755
  • Jul 9, 2024 10:10am Jul 9, 2024 10:10am
I told price love to get back to h1 200 ema
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yes yes yes
  • #831,756
  • Jul 9, 2024 10:14am Jul 9, 2024 10:14am
Week start good so far
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yes yes yes
  • #831,757
  • Jul 9, 2024 10:18am Jul 9, 2024 10:18am
Quoting knkie
{quote} Hal, do your self a favor and put this lonely fantasist who has nothing better to do then spam a forex forum all day on ignore. Most have already
We have a winner of "Post of the Day"....
  • #831,758
  • Jul 9, 2024 10:20am Jul 9, 2024 10:20am
At Last early confirmation broken successfully try try still but next target /support 2763 . Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #831,759
  • Jul 9, 2024 10:26am Jul 9, 2024 10:26am
Quoting eyefeelsix
{quote} pending buy in place, 16p range for sl level {image}
order filled
https://breakpullback.com
  • #831,760
  • Edited 10:43am Jul 9, 2024 10:31am | Edited 10:43am
Quoting eyefeelsix
{quote} order filled

im lookin to go long GU on a green candle close on 15 min chart
short trump and go long the deepstate
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