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Cable Update (GBPUSD)

  • #859,781
  • May 16, 2025 2:34am May 16, 2025 2:34am
UJ shorted at 14510 it’s tried to break below 145 twice this hour if it does break lower we could go down a further 40-60 pips.
Insane in the Brain..
  • #859,782
  • May 16, 2025 2:39am May 16, 2025 2:39am
Quoting birdland
{quote} entryprice is 1.3320, no SL and TP
Its high time to go up....
Market Structure is the King.....
  • #859,783
  • May 16, 2025 2:42am May 16, 2025 2:42am
Quoting Abeylyn
{quote} Its high time to go up....
patience, you never know when the buyers kick in, but hopefully they will;-)

also friday is often a trendday...lets see
trading is like dancing, don't think and just listen to the music!
  • #859,784
  • May 16, 2025 2:56am May 16, 2025 2:56am
waiting gold breaks and hold 3206.84 to coincide tanking as start ! take care
corresponding 3307 and 3298 gbpusd
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #859,785
  • Edited 3:15am May 16, 2025 3:01am | Edited 3:15am
Imagine my shock. Back to 1.33

Just like 1955 had some kind of cosmic significance in Back to the Future, 1.33 has the same cosmic significance here.
  • #859,786
  • May 16, 2025 3:14am May 16, 2025 3:14am
Quoting MrFanciful
Imagine my shock. Back to 1.33
Imagine if you BROUGHT and SOLD around that price...
  • #859,787
  • May 16, 2025 3:19am May 16, 2025 3:19am
Quoting MoneyPrinte
{quote} still nothing happen here..but it seem interesting now..lets see later {image}
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https://x.com/moneyprinte
  • #859,788
  • May 16, 2025 3:20am May 16, 2025 3:20am
Quoting Waveskierrob
{quote} Imagine if you BROUGHT and SOLD around that price...
If you'd spent the last 6 weeks just trading a reversion to 1.33, you could have done alright.
  • #859,789
  • May 16, 2025 3:24am May 16, 2025 3:24am
testing 3303 and waiting 3300 and 3296 confirmation next for initially possible 3274 play. ikf all ok will expect 3252 test breaks even !!
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #859,790
  • May 16, 2025 3:26am May 16, 2025 3:26am
Quoting MrFanciful
{quote} If you'd spent the last 6 weeks just trading a reversion to 1.33, you could have done alright.
Maybe something to think about...
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  • #859,791
  • May 16, 2025 3:28am May 16, 2025 3:28am
UJ short going a bit Pete Tong at the moment.. however, it’s Friday things go up and down like a hookers thong
Insane in the Brain..
  • #859,792
  • May 16, 2025 3:47am May 16, 2025 3:47am
G/M, y/day's dly candle, a < 30day adr bullish-engulf. Today so far a false 1st upside b/o of 1st y/day hi, then the Asian hi in early London, with price meeting supply in the dly part of the prev 1hr/4hr/minor dly sw hi zone = pot res @ that extends up to 3360 current wkly hi, @ Dly R1. 1hr rising wedge broke to the downside. 4hr is rangy (to buullisjh?) right now. Asian lo is the presently the current dly lo.

4hr with 10/20/40 ema crosses graphic below
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Trader with an Edge.
  • #859,793
  • May 16, 2025 4:00am May 16, 2025 4:00am
I am selling here if this trade works I am done for today 30 pips target
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  • #859,794
  • May 16, 2025 4:00am May 16, 2025 4:00am
...wkly candle is looking slightly bullish right now, but wouldn't take much to turn into into a neutral/indecision candle, or bearish. Dly is still in a general uptrend, the 3139 current mthly lo being a L on that t/f. 3360 is a 2nd LH.

dly below
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Trader with an Edge.
  • #859,795
  • May 16, 2025 4:07am May 16, 2025 4:07am
Quoting Moty
{quote} i nailed that move down {image}
i think that gold will visit the bottom again.
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Together we can be strongest
Vantage Return This Month: na
  • #859,796
  • May 16, 2025 4:20am May 16, 2025 4:20am
...price testing higher up in a prev 30min sw hi zone = prev rbs = pot rbs after the 1st test @ asian lo/current dly lo, this 2nd test now @/around the 38.2% of y/day lo - current dly hi move.

1hr below
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Trader with an Edge.
  • #859,797
  • May 16, 2025 4:33am May 16, 2025 4:33am
And a spike down for GU and up for the UJ then down again. A SL hunt? Or something cooking as there isn’t any data until much later
Insane in the Brain..
  • #859,798
  • May 16, 2025 4:34am May 16, 2025 4:34am
Quoting AlfieSolomon
I am selling here if this trade works I am done for today 30 pips target {image}
Trade active
  • #859,799
  • May 16, 2025 4:44am May 16, 2025 4:44am
Quoting AlfieSolomon
I am selling here if this trade works I am done for today 30 pips target {image}
30 pips Take profit hit
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  • #859,800
  • May 16, 2025 4:45am May 16, 2025 4:45am
Quoting Abeylyn
GBPUSD UPDATE The medium term trend is ranging viewing from 2hr. and 4hr. chart between 1.3250 and 1.3350. I will be looking to Sell from 1.3350. Price Reaction around my entry price is key. Please send your analysis for learning purpose. Have a nice pipping day friends and buddies.
I am Short GU. Stop loss is 12 pips above Intraday high.

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Wishing myself good luck.
Market Structure is the King.....
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