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Cable Update (GBPUSD)

  • #860,661
  • May 29, 2025 7:36am May 29, 2025 7:36am
Data looking a bit mixed on first glance however GDP is lower than last month missing out on forecast narrowly
Insane in the Brain..
  • #860,662
  • May 29, 2025 7:36am May 29, 2025 7:36am
Quoting Psalmorg
Thinking it move up till usd index gap is fill up even if there will a reversal at the end {image} {image}
Second buy stop has been taken
Measure your progress by pips —master the pips, and the profit will come
  • #860,663
  • May 29, 2025 7:38am May 29, 2025 7:38am
Superior judgment trumps superior skill, every time.
  • #860,664
  • May 29, 2025 7:39am May 29, 2025 7:39am
Quoting Psalmorg
{quote} 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
Looking out to see either continuity in 4 hr. trend or reversal.

There must be clear footprint made by Price Action before decision can me made.

Still watching to see what price will do....
Market Structure is the King.....
  • #860,665
  • May 29, 2025 7:39am May 29, 2025 7:39am
Quoting Bflyfx
{quote} maybe for you mate if you keep selling it will cost ya
it's too easy!
I only follow traders with IQ above 160
  • #860,666
  • May 29, 2025 7:50am May 29, 2025 7:50am
Taken profit in UJ 30 pips.
Insane in the Brain..
  • #860,667
  • May 29, 2025 7:54am May 29, 2025 7:54am
Long Gold 3312 TP 3350 but will look to take profit if need be earlier
Insane in the Brain..
  • #860,668
  • May 29, 2025 7:57am May 29, 2025 7:57am
Eurusd has cleared another buy stop but gbpusd hasn't. Usdjpy is reacting at 144.511 area but I think it's still going downward and gbpusd is going upwards for another buy stop
Did u also think so
Measure your progress by pips —master the pips, and the profit will come
  • #860,669
  • May 29, 2025 7:59am May 29, 2025 7:59am
Quoting Psalmorg
Eurusd has cleared another buy stop but gbpusd hasn't. Usdjpy is reacting at 144.511 area but I think it's still going downward and gbpusd is going upwards for another buy stop Did u also think so
don t try to stop the train!
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I only follow traders with IQ above 160
  • #860,670
  • May 29, 2025 8:03am May 29, 2025 8:03am
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Like me, cuts losses quickly. But has more patience and lets his winn
  • #860,671
  • May 29, 2025 8:03am May 29, 2025 8:03am
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yes yes yes
  • #860,672
  • May 29, 2025 8:06am May 29, 2025 8:06am
Quoting Bflyfx
{quote} don t try to stop the train! {image}
I think taking profit now is okay. Straight trade to 1.35100 around may take time or not
Measure your progress by pips —master the pips, and the profit will come
  • #860,673
  • May 29, 2025 8:07am May 29, 2025 8:07am
looks believable
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #860,674
  • May 29, 2025 8:18am May 29, 2025 8:18am
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #860,675
  • Edited 8:48am May 29, 2025 8:23am | Edited 8:48am
Surely, US equities will get a bid today.
Bit of a gap fill though on SPX
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #860,676
  • Edited 9:16am May 29, 2025 8:59am | Edited 9:16am
gold just keeps falling asleep…

edit: moved TP to 3335
Insane in the Brain..
  • #860,677
  • May 29, 2025 9:42am May 29, 2025 9:42am
for 40 pips
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yes yes yes
  • #860,678
  • May 29, 2025 10:00am May 29, 2025 10:00am
Quoting Moty
for 40 pips {image} {image}
lol
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Always follow your own shit
  • #860,679
  • May 29, 2025 10:06am May 29, 2025 10:06am
Long 1.3483
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #860,680
  • May 29, 2025 10:08am May 29, 2025 10:08am
Quoting Moty
for 40 pips {image} {image}
expecting the 4h candle close on 1.34568 or below.
If yes, price will fall down
Always follow your own shit
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