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Cable Update (GBPUSD)

  • #859,801
  • May 16, 2025 4:49am May 16, 2025 4:49am
We're essentially on a 90 day pump and dump.
  • #859,802
  • May 16, 2025 4:50am May 16, 2025 4:50am
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Together we can be strongest
Vantage Return This Month: na
  • #859,803
  • May 16, 2025 4:51am May 16, 2025 4:51am
...a multi-week range on 4hr now. If the grey rectangles are the range extremes, then we have had a false 1st upside b/o to Point A, then 2 x false downside b/o's to points B then C. Back in the range again now. There are various ways to look @ it.

4hr below
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Trader with an Edge.
  • #859,804
  • May 16, 2025 4:51am May 16, 2025 4:51am
UJ on a pump maybe seen the days lows. Not sure what is causing the move up but 146 could be next if the move up continues
Insane in the Brain..
  • #859,805
  • May 16, 2025 4:52am May 16, 2025 4:52am
Quoting birdland
will probably be a longday again, despite the many sell zones. i think they will simply be eaten out by the longterm investors;-) fascinating how he respects the lines right now. {image}

unfortunately another loss -15 pips.

I often try to turn the position with averaging and hedging, but that is time-consuming and today I don't have it;-)
trading is like dancing, don't think and just listen to the music!
  • #859,806
  • May 16, 2025 4:58am May 16, 2025 4:58am
just coz markets quiet

https://fb.watch/zCNcJtBYqe/
  • #859,807
  • May 16, 2025 5:18am May 16, 2025 5:18am
...1st downside b/o of Asian lo ... > 50% of the y/day lo - Asian hi/current dly hi move given back @ the current dly lo. Price @ that lo is just into the wide 4hr part of the prev 1hr/minor 4hr sw lo zone = pot supp that runs down to 3263.

1hr below
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Trader with an Edge.
  • #859,808
  • May 16, 2025 5:18am May 16, 2025 5:18am
The agreement between USA and China is just a 90 day tariff pause, as such it's given a window for the price of US assets to be pumped up (requiring dollars to do so) in order to sell them at a better price later. However, I would expect Trump to break the agreement.
  • #859,809
  • May 16, 2025 5:19am May 16, 2025 5:19am
Quoting BeeTogether
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.
the breakup is coming
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yes yes yes
  • #859,810
  • May 16, 2025 5:20am May 16, 2025 5:20am
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yes yes yes
  • #859,811
  • May 16, 2025 5:26am May 16, 2025 5:26am
in other news gcad looks like a good swing drop coming to 18275 and lower..... even if it goes back above 18600 i will be adding
  • #859,812
  • May 16, 2025 5:28am May 16, 2025 5:28am
Quoting T721
in other news gcad looks like a good swing drop coming to 18275 and lower..... even if it goes back above 18600 i will be adding
first target @18360
  • #859,813
  • May 16, 2025 5:39am May 16, 2025 5:39am
Quoting birdland
{quote} unfortunately another loss -15 pips. I often try to turn the position with averaging and hedging, but that is time-consuming and today I don't have it;-)
Price tested same support the other day and the support was not violated. Remember, you went long and I was short. I missed it while u had the day.

The same support was tested again today and it was violated and price begin to soar downward.

Preview your chart and see the evidence..

Market want us to be extremely patient with strong ability to observe it's movement...
Market Structure is the King.....
  • #859,814
  • May 16, 2025 5:39am May 16, 2025 5:39am
Quoting MoneyPrinte
{quote} {image}
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https://x.com/moneyprinte
  • #859,815
  • May 16, 2025 5:44am May 16, 2025 5:44am
Quoting Moty
{quote} the breakup is coming {image}

could be right here although it might take a another drop say towards 14470 before it goes up..

although that is purely relying on a drop coming in the first place. The move to 145 might be the acting pivot
Insane in the Brain..
  • #859,816
  • May 16, 2025 5:46am May 16, 2025 5:46am
Quoting MoneyPrinte
{quote} {image}
Where and where are your Takeprofit Support zone...

Mine located at 1.3250 - 1.3270 and the zone established by SMA200... Any zone in between the two stated here. ?
Market Structure is the King.....
  • #859,817
  • May 16, 2025 5:51am May 16, 2025 5:51am
Buy limit on GU, wish me lcuk
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  • #859,818
  • May 16, 2025 5:52am May 16, 2025 5:52am
ty mister goldi
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yes yes yes
  • #859,819
  • May 16, 2025 5:56am May 16, 2025 5:56am
Quoting palpite
{quote} i think that gold will visit the bottom again. {image}
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Together we can be strongest
Vantage Return This Month: na
  • #859,820
  • May 16, 2025 5:56am May 16, 2025 5:56am
Quoting Yngwie
Sold 1.3327
closed 40p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
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