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Cable Update (GBPUSD)

  • #831,981
  • Jul 11, 2024 8:15am Jul 11, 2024 8:15am
Quoting AhmedFouad
It's very risky now. It might have bottomed near term at 1.8834/36 and managing to rally beyond 1.90 again. And if someone expects this, he may not be wrong because stochastic made a positive cross, a doji plus a bullish candle but thats not too enough. Someone else might come.. and say no, It's going down. and he also has good reasons. Why? GBPUSD almost touch the 1.8967-65 resistance, and it might be a place to find plenty of sellers. Also the bullish candle didn't close above 1.8953 bearish candle open. rather closed at 1.8946 All in all..Bullish...
Nice
  • #831,982
  • Jul 11, 2024 8:17am Jul 11, 2024 8:17am
Quoting SabkaBaap
{quote} adding one more long for your blanket call added long -1.2944 lets see if blanket wins or funda, tech
if you watch posts here, they say liquidity.

I agree with that.

To gain liquidity ( for buyers ), it needs to drop.
Intraday only.
  • #831,983
  • Jul 11, 2024 8:18am Jul 11, 2024 8:18am
Quoting navk
{quote} if you watch posts here, they say liquidity. I agree with that. To gain liquidity ( for buyers ), it needs to drop.
True… u r a scalper so 20-30 pips drop is fine… for a swing trader like me… this is opportunity to go long…1.2790 to 1.2950 is area fr long
  • #831,984
  • Jul 11, 2024 8:24am Jul 11, 2024 8:24am
i swing from here..


1.25 my target.

Pls not a day trade entry and my view only
MY OPINION NOT FINANCIAL ADVISE
  • #831,985
  • Jul 11, 2024 8:29am Jul 11, 2024 8:29am
Come on mister dxy
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yes yes yes
  • #831,986
  • Jul 11, 2024 8:32am Jul 11, 2024 8:32am
Quoting Moty
Come on mister dxy {image}
Took short eu for 100 pips
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yes yes yes
  • #831,987
  • Jul 11, 2024 8:34am Jul 11, 2024 8:34am
Quoting eyefeelsix
{quote} as I promised and the market kept it ( just for fun ) and here's for the next one.. {image}

I need one leght up to break HOD to take short for my re-entry point, sell limit in place

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https://breakpullback.com
  • #831,988
  • Jul 11, 2024 8:36am Jul 11, 2024 8:36am
...@ current dly hi (154% of 30day adr) price hit Wkly R2 and the underside of the prev dly ascending t/line that joined 2300 ~ 2688, @ the bottom of the dly part of that aforementioned prev 4hr/dly sw hi zone that extends up to 2995, = prev res = pot res, (wide zone on the dly.)

Even without the potential res, price @ 154% of 30day adr, > Dly R3, 11 consecutive bullish-bodied 4hr candle closes, and bearish reg div on t/f's to 3min, with 5min - 4hr being in various states of o/b, - it was a good short for us scalper (+) types.

dly below
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Trader with an Edge.
  • #831,989
  • Jul 11, 2024 8:43am Jul 11, 2024 8:43am
Come on mister goldi and eu
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yes yes yes
  • #831,990
  • Jul 11, 2024 9:00am Jul 11, 2024 9:00am
Quoting Yngwie
Sold 1.2946
closed 38p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #831,991
  • Jul 11, 2024 9:03am Jul 11, 2024 9:03am
At cross way at the moment .. not sure about up or down ..
Insane in the Brain..
  • #831,992
  • Edited 9:24am Jul 11, 2024 9:04am | Edited 9:24am
back , so one step more up than expected , over 2900 playing , testing target 2949 , next target can be 2965/70 , even extreme further 30 24 . anyway all extreme , extension and tertiary extension running up so far . so watching limit down for up if 2881. like before as in extrme bull , all correction or any may not happen till a top failure take care
seeing negative US CPI and how it can up also , tanking weekly great may running there . to check usdx , how much fell ! must be below 104.33 weekly close target! even seeing below last weekly confirmation close 104.05 , now running 103.97!! disgusting usdx and if any short term life expectancy !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #831,993
  • Jul 11, 2024 9:27am Jul 11, 2024 9:27am
For 7.5 pts
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yes yes yes
  • #831,994
  • Jul 11, 2024 9:31am Jul 11, 2024 9:31am
Tomorrow could be interesting if PPI is as forecasted we could see USD strength thus maybe sending GU back to the weeks opening area.

especially if we close below 129
Insane in the Brain..
  • #831,995
  • Jul 11, 2024 9:38am Jul 11, 2024 9:38am
best trade is the most risky trade
MY OPINION NOT FINANCIAL ADVISE
  • #831,996
  • Jul 11, 2024 9:55am Jul 11, 2024 9:55am
Quoting Georginson
600 pips range so far this year and minimum January to July Range is 800 pips... this price can easily attack 1.3100 this July, similar to what happened last year July. Be very careful with going short... Price is now in a break out phase. Buys only except price moves below 1.2700.
Today is possibly the last buying day for this July and high for this quarter may have been recorded. I expect a strong correction back to 1.2700 in days ahead.
Data + Stat + Risk/Emotions Management
  • #831,997
  • Jul 11, 2024 10:02am Jul 11, 2024 10:02am
Quoting Georginson
{quote} Today is possibly the last buying day for this July and high for this quarter may have been recorded. I expect a strong correction back to 1.2700 in days ahead.
I would love price to close at the high today so that we can get a little spike tomorrow and probably rise it down tomorrow.
  • #831,998
  • Jul 11, 2024 10:41am Jul 11, 2024 10:41am
Quoting Moty
For 7.5 pts {image}
Again for 6 pts
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yes yes yes
  • #831,999
  • Jul 11, 2024 10:43am Jul 11, 2024 10:43am
shitty news help bulls today. extremely overbought
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #832,000
  • Jul 11, 2024 10:44am Jul 11, 2024 10:44am
Quoting ScalaFX
GOLD hard sell 2405 pendings till 2420
all active, targeting 2300
People don't plan to lose. They lose because they don't plan.
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