Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#860,301
May 23, 2025 5:22am May 23, 2025 5:22am

Mitiblotch
Joined Sep 2017 | Status: Trader | 11,279 Posts

Quoting MrFanciful

Disliked

Man, Sellers are getting absolutely fucked.

Ignored

As they should, no?

#860,302
May 23, 2025 5:24am May 23, 2025 5:24am

Headland
Joined Apr 2020 | Status: Trader | 8,806 Posts

Quoting genadi

Disliked

{quote} What is this? All Time Return: 96,177.5% Did you turn your 100k acc into 100M?

Ignored

Hi. Here is a guy (with attitude,) whose profile states that he has been trading since 1997 and that he is a professsional trader. So, 28yrs and still in demo, racking up worthless/meaningless % gains, - in demo,! - yet he alone has a crystal ball and can see into the future with absolute certainty. Does all this add up?

Trader with an Edge.

#860,303
May 23, 2025 5:26am May 23, 2025 5:26am

Bflyfx
Joined Dec 2022 | Status: Trader | 1,070 Posts

Quoting Abeylyn

Disliked

{quote} Looking for Short from three different levels as follows: 1.3520, 1.3550 and 1.3580. Any of the 3 forms a probability reversal for me and not definite point of reversal. Please, is there a way to confirm where price can reverse with precision ? Thanks.

Ignored

It can do but we need to have a look at dollar index levels and 10 yr bonds first.
Like I said yesterday, it's clear where we are going long term, a bit more difficult to judge where the proper pullbacks will start.
1.3520 is the first candidate, these are shorter term moves. Ok?

I only follow traders with IQ above 160

Challenge Tour All Time Return: 1,004.1%

#860,304
May 23, 2025 5:28am May 23, 2025 5:28am

Bflyfx
Joined Dec 2022 | Status: Trader | 1,070 Posts

Quoting Headland

Disliked

{quote} Hi. Here is a guy (with attitude,) whose profile states that he has been trading since 1997 and that he is a professsional trader. So, 28yrs and still in demo, racking up worthless/meaningless % gains, - in demo,! - yet he alone has a crystal ball and can see into the future with absolute certainty. Does all this add up?

Ignored

I am giving up on you, you are hopeless!

I only follow traders with IQ above 160

Challenge Tour All Time Return: 1,004.1%

#860,305
May 23, 2025 5:33am May 23, 2025 5:33am

Abeylyn
Joined Dec 2020 | Status: Trader | 1,673 Posts

Quoting Bflyfx

Disliked

{quote} It can do but we need to have a look at dollar index levels and 10 yr bonds first. Like I said yesterday, it's clear where we are going long term, a bit more difficult to judge where the proper pullbacks will start. 1.3520 is the first candidate, these are shorter term moves. Ok?

Ignored

Please, pullout your chart on Dollar Index and 10 years bond to validate possibility of GU temporary retracement.... At least to show 1.3520 as 1st candidate..... Next level on DXY and 10 years bond.

Hoping to see.

Thanks.

Market Structure is the King.....

#860,306
May 23, 2025 5:37am May 23, 2025 5:37am

Headland
Joined Apr 2020 | Status: Trader | 8,806 Posts

Quoting Bflyfx

Disliked

{quote} I am giving up on you, you are hopeless!

Ignored

yes I am, but not as hopeless as some!

Attached Image

Trader with an Edge.

#860,307
May 23, 2025 5:38am May 23, 2025 5:38am

Bflyfx
Joined Dec 2022 | Status: Trader | 1,070 Posts

Quoting Abeylyn

Disliked

{quote} Please, pullout your chart on Dollar Index and 10 years bond to validate possibility of GU temporary retracement.... Hoping to see. Thanks.

Ignored

you do it yourself, i am not looking for validation from anyone in here.
If you see dollar going down and bonds going up, that indicates lower expectations regarding rates, positive for gold, eu and gu.
If you see reversal harmonic patterns, maybe a pullback (temporary relief) is coming.
Use the different timeframes to judge for how long pullback will last.

I only follow traders with IQ above 160

Challenge Tour All Time Return: 1,004.1%

#860,308
May 23, 2025 5:41am May 23, 2025 5:41am

ricmaj
Joined Jun 2011 | Status: Trader | 1,731 Posts

Wont sell until prices get to my sell limit and possibly to 945 key resistance price. Breakout of 1.34750 for 1.35300 still in play. R:R for sell still low i may be wrong!!!

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Keep the Lights on then you can catch the rise from the dark.

#860,309
May 23, 2025 5:49am May 23, 2025 5:49am

F.g
Joined Aug 2016 | Status: Trader | 10,388 Posts

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Did not sell short anything yet . . . . Watching carefully. . . .

#860,310
May 23, 2025 5:50am May 23, 2025 5:50am

MrFanciful
Joined Mar 2021 | Status: Trader | 2,976 Posts

Another up leg incoming I think.

#860,311
May 23, 2025 5:52am May 23, 2025 5:52am

MrFanciful
Joined Mar 2021 | Status: Trader | 2,976 Posts

This is exactly what I meant by Fridays shafting me. Lost count of the amount of sell signals I've had

#860,312
May 23, 2025 5:59am May 23, 2025 5:59am

Headland
Joined Apr 2020 | Status: Trader | 8,806 Posts

Quoting MrFanciful

Disliked

This is exactly what I meant by Fridays shafting me. Lost count of the amount of sell signals I've had

Ignored

Hi. Well done for ignoring them so far? My actual entry/exit trigger charts throw up loads of repeating set-ups across they t/f's I look @, but I discount 75% of them because I don't have the other repeating components re 'context,' that make them hi in probability.
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As Bones would say, and turning it into a question; - is it too late for the wkly candle to change (materially/significantly?)

wkly below

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Trader with an Edge.

#860,313
May 23, 2025 6:07am May 23, 2025 6:07am

MrFanciful
Joined Mar 2021 | Status: Trader | 2,976 Posts

Quoting Mitiblotch

Disliked

{quote} As they should, no?

Ignored

They've had a couple bearish hourly candles. What more do they want?

On a serious note, I can't see it being unreasonable to look for a 30 pip retracement back to 1.3470. That would also be the 38.2% fib of the daily range so far.

#860,314
May 23, 2025 6:20am May 23, 2025 6:20am