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Cable Update (GBPUSD)

  • #831,901
  • Jul 10, 2024 3:57pm Jul 10, 2024 3:57pm
went short a little GU for the dip which ill buy later
short trump and go long the deepstate
  • #831,902
  • Jul 10, 2024 4:38pm Jul 10, 2024 4:38pm
Quoting knkie
the Dutch Scored early against UK and cable went dead hahahaha
Against England, mate. Not the UK ;-)
  • #831,903
  • Jul 10, 2024 4:57pm Jul 10, 2024 4:57pm
Quoting Zebi
went short a little GU for the dip which ill buy later
a dip to 128-12770 before a move to 129
Insane in the Brain..
  • #831,904
  • Jul 10, 2024 5:26pm Jul 10, 2024 5:26pm
Quoting eyefeelsix
{quote} failed south, biased north {image}

as I promised and the market kept it


( just for fun ) and here's for the next one..

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https://breakpullback.com
  • #831,905
  • Jul 10, 2024 7:49pm Jul 10, 2024 7:49pm
Quoting dantpm
{quote} Zebi or Powell? Powell has been completely consistent. Rates come down when they get 2% inflation. Nut jobs listening to him have all kinds of ideas about when that will be and how their perceived nuances about what he is saying have changed. Bottom line it hasn't!
He also said the inflation does not need to come to this 2% exactly before start cutting. But the path down must be sustainable. So i bet if we go in the range of 2.7-2.5% and stay there for at least a quarter, we will see rate cutting on the table.
Markets price in are like prostitute, they change clients probability eveyday.
More time in the market, does not mean you trade better!
  • #831,906
  • Jul 10, 2024 8:08pm Jul 10, 2024 8:08pm
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Let me cash in my long , here, NOW................

  • #831,907
  • Edited 9:50pm Jul 10, 2024 8:12pm | Edited 9:50pm
i got a feeling cpi will come in hot since jaggofs raise prices in summer especially gasoline since everybody goes on vacation driving to their destination in a car

core will be inline I think but if comes in worse GU gona breakout over march high and head for 1.3000
short trump and go long the deepstate
  • #831,908
  • Jul 10, 2024 8:29pm Jul 10, 2024 8:29pm
look to 2872 forv retrace
Intraday only.
  • #831,909
  • Edited 11:10pm Jul 10, 2024 9:44pm | Edited 11:10pm
Bull crazy continues on extensions , next target 2900 may not straight forwards , even may have a twist! , take care

checking usdx , playing underground weekly close as before , trying to make a doji so far to hold the tanking fast. but if close this week below with such doji to a correction up next week may not do any good to back strong ! only option weekly engulfing up this week and close over 105.60, apparently impossible for usdx now , with all broken heart and waist , readying for rate cut as ceiling reached , so downwind to manage controlwise with cuts ! an what , if any hope survival , logically if any actually it should have applied long back !!overall u8sdx extremely weak to have return so soon !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #831,910
  • Jul 10, 2024 10:48pm Jul 10, 2024 10:48pm
Quoting eyefeelsix
{quote} as I promised and the market kept it ( just for fun ) and here's for the next one.. {image}

waves within waves, in short-term trading if the market chooses to go south first:

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  • #831,911
  • Jul 10, 2024 11:12pm Jul 10, 2024 11:12pm
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yes yes yes
  • #831,912
  • Jul 11, 2024 12:18am Jul 11, 2024 12:18am
im buyin 2863.
just need to keep an eye on 2867, pretty big wick there.
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in wondering about yourself, you forgot what you came here to be part of
  • #831,913
  • Jul 11, 2024 12:36am Jul 11, 2024 12:36am
Quoting knkie
im buyin 2863. just need to keep an eye on 2867, pretty big wick there. {image}
Ideally M30 should close above 2867
then just take M5 dips for compounding buy's
in wondering about yourself, you forgot what you came here to be part of
  • #831,914
  • Jul 11, 2024 12:58am Jul 11, 2024 12:58am
UK GDP came in really strong, but GBP barely moved?

What's up with this? I thought GBP would go on a bull rampage, can someone give me some insights/explanation?

Thanks!
  • #831,915
  • Jul 11, 2024 1:03am Jul 11, 2024 1:03am
Quoting knkie
{quote} Ideally M30 should close above 2867 then just take M5 dips for compounding buy's
compounding
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in wondering about yourself, you forgot what you came here to be part of
  • #831,916
  • Jul 11, 2024 1:22am Jul 11, 2024 1:22am
Bulls quite relentless today with the decent UK data too , not sure of the impact from US later but could either break 129 or take us back to the day’s opening
Insane in the Brain..
  • #831,917
  • Jul 11, 2024 1:29am Jul 11, 2024 1:29am
Quoting SabkaBaap
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

Started adding at 1.2790 apart from above position, added every 10pips up till 1.2870, now taking my last long at 1.2870

tp for all- 1.2946…post cpi today
sl-1.2790
  • #831,918
  • Jul 11, 2024 1:40am Jul 11, 2024 1:40am
Quoting knkie
{quote} compounding {image}
closed one, 7 pips
keeping one for now.
Wanna get out soon though
CPI today
in wondering about yourself, you forgot what you came here to be part of
  • #831,919
  • Jul 11, 2024 1:44am Jul 11, 2024 1:44am
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Price at Major resistance, even tho GBP is trought the roof in strenght i will be looking for sells.
  • #831,920
  • Jul 11, 2024 1:48am Jul 11, 2024 1:48am
Quoting SabkaBaap
{quote} Started adding at 1.2790 apart from above position, added every 10pips up till 1.2870, now taking my last long at 1.2870 tp for all- 1.2946…post cpi today sl-1.2790
you are letting your trades ride during cpi ?
in wondering about yourself, you forgot what you came here to be part of
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