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Cable Update (GBPUSD)

  • #860,641
  • May 29, 2025 4:37am May 29, 2025 4:37am
Sold again 1.3476 SL 1.3486
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #860,642
  • May 29, 2025 4:37am May 29, 2025 4:37am
...the 4hr bullish hidden div I mentioned y/day is still there @ current dly lo, re the next higher t/f (in that t/f combo) - the dly's general uptrend, and it would come @ a potential HL on that higher t/f - which is always optimum. It's not the most optimum position re fractal swing analysis on the lower 4hr t/f itself though. (It would be better @ a HL, L, or 1st LL.) We'll see what happens.

dly then 4hr below
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Trader with an Edge.
  • #860,643
  • May 29, 2025 4:45am May 29, 2025 4:45am
The dollar/yen exchange rate has been falling since crossing 146 yen, forming a beautiful double top. The daily Ichimoku chart also showed a down signal, so I will hold my short position.
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  • #860,644
  • May 29, 2025 5:14am May 29, 2025 5:14am
Quoting sakimer
The dollar/yen exchange rate has been falling since crossing 146 yen, forming a beautiful double top. The daily Ichimoku chart also showed a down signal, so I will hold my short position. {image} {image}
sp far 145 is supporting and causing a bounce up
Insane in the Brain..
  • #860,645
  • Edited 6:01am May 29, 2025 5:32am | Edited 6:01am
Quoting Waveskierrob
{quote} 14498 now ...getting there...
Thats me closed, best trading tool one should equip yourself with" patience"....
  • #860,646
  • May 29, 2025 5:36am May 29, 2025 5:36am
Quoting Waveskierrob
{quote} Thats me closed, best trading tool one should equip yourself with patience....
well done mate! Still not hitting my b/e grrrrr
Insane in the Brain..
  • #860,647
  • May 29, 2025 5:40am May 29, 2025 5:40am
Quoting MoneyPrinte
{image}
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https://x.com/moneyprinte
  • #860,648
  • May 29, 2025 5:41am May 29, 2025 5:41am
Quoting Psalmorg
Thinking it move up till usd index gap is fill up even if there will a reversal at the end {image} {image}
I think we should be looking for reversal in upward trend. The USD index gap is filled up. Both Eurusd and Gbpusd reach a buy stop. And usdjpy has reach sell stop
Measure your progress by pips —master the pips, and the profit will come
  • #860,649
  • May 29, 2025 5:41am May 29, 2025 5:41am
...bulls have made some further progress but it's laboured, and have met supply in that prev 1hr sw hi zone = prev res = pot res, @ top of that 4 fib/DP cluster @ the steepest 4hr desc t/line. I think the bulls have got to get above the 50% of the 3593-3415 fall (current wkly hi - current wkly lo) @ 3504, for any kind of potential 'safety?' But then again, the market doesn't care what we think!

1hr below.
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Trader with an Edge.
  • #860,650
  • May 29, 2025 5:47am May 29, 2025 5:47am
Quoting Headland
...bulls have made some further progress but it's laboured, and have met supply in that prev 1hr sw hi zone = prev res = pot res, @ top of that 4 fib/DP cluster @ the steepest 4hr desc t/line. I think the bulls have got to get above the 50% of the 3593-3415 fall @ 3504 for any kind of potential 'safety?' 1hr below. {image}
I think it maybe consolidating or retrace and we should anticipate New York open to determine the direction of the market, if it will continue or reverse
Measure your progress by pips —master the pips, and the profit will come
  • #860,651
  • May 29, 2025 5:49am May 29, 2025 5:49am
Quoting sakimer
The dollar/yen exchange rate has been falling since crossing 146 yen, forming a beautiful double top. The daily Ichimoku chart also showed a down signal, so I will hold my short position. {image} {image}
what your TP zone? I was looking at 14430-50 but may wait now for a bigger drop
Insane in the Brain..
  • #860,652
  • May 29, 2025 6:02am May 29, 2025 6:02am
Quoting BeeTogether
{quote} what your TP zone? I was looking at 14430-50 but may wait now for a bigger drop
UJ 144.75 may face some pressure.
  • #860,653
  • May 29, 2025 6:06am May 29, 2025 6:06am
Quoting Bflyfx
{quote} bought 3250 and will ride on it. Eu and Gu as well.
that was only the start!!
I only follow traders with IQ above 160
  • #860,654
  • May 29, 2025 6:10am May 29, 2025 6:10am
Quoting firsttimer
{quote} UJ 144.75 may face some pressure.
Any fall in the current zone(especially if it breaks 144.75)will create continuous fall till 144.4
Measure your progress by pips —master the pips, and the profit will come
  • #860,655
  • May 29, 2025 6:28am May 29, 2025 6:28am
Quoting Bflyfx
{quote} that was only the start!!
Note, Gold is now at a classic sell structure.
  • #860,656
  • May 29, 2025 6:33am May 29, 2025 6:33am
Quoting Guy1969
{quote} Note, Gold is now at a classic sell structure.
maybe for you mate


if you keep selling it will cost ya
I only follow traders with IQ above 160
  • #860,657
  • Edited 7:50am May 29, 2025 6:45am | Edited 7:50am
Sellers frenzy from Already established Resistance, Sellers push prices towards support zone, Breakout of resistance would usher prices for 1.35300
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Keep the Lights on then you can catch the rise from the dark.
  • #860,658
  • May 29, 2025 6:53am May 29, 2025 6:53am
Although it is before the USD/JPY New York exchange, the downward momentum seems to have weakened, so I will close here.
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  • #860,659
  • May 29, 2025 6:56am May 29, 2025 6:56am
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yes yes yes
  • #860,660
  • May 29, 2025 7:16am May 29, 2025 7:16am
There looks to be liquidity sitting at 1.35 on the hr chart
Leave Israel alone and Palestine will be free
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