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Cable Update (GBPUSD)

  • #860,921
  • Jun 4, 2025 2:41am Jun 4, 2025 2:41am
Quoting Moty
{image}
Hi. Good observation, and so-called inside candles are 'supposed' to be 'continuation' candles? I have no actual stats on these myself re this pairing and t/f.

...asia was up then down, london immediately up, and now down a bit. Intraday is still bullish overall. 50% of the current dly lo/asian lo - current dly hi (@/around 76.4% of y/day hi - current dly lo move,) is where the DP is. Dly R1 runs thru, and Wkly R1 @ is @ top of that prev 1hr/4hr/minor dly sw hi zone = pot res that runs up to y/day's hi/current wkly hi. 1st upside b/o of asian hi proved false (as most 1st b/o's of anything tend to.)

1hr below
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Trader with an Edge.
  • #860,922
  • Jun 4, 2025 3:27am Jun 4, 2025 3:27am
BEARS are not letting go off their bite, BULLS are faking their straggle to validate bears opinion,
only time will ......
MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #860,923
  • Jun 4, 2025 3:38am Jun 4, 2025 3:38am
Watching as it tedying 3523;!
Done , so 3517/11/05 target
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #860,924
  • Jun 4, 2025 5:04am Jun 4, 2025 5:04am
Quoting Yngwie
sold 1.3530
Quoting Yngwie
{quote} Sold 1.3545 SL 1.3555
closed 49p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #860,925
  • Jun 4, 2025 5:16am Jun 4, 2025 5:16am
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https://x.com/moneyprinte
  • #860,926
  • Jun 4, 2025 5:21am Jun 4, 2025 5:21am
Quoting MoneyPrinte
{image}
Stoploss is waving..hehe
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  • #860,927
  • Jun 4, 2025 5:49am Jun 4, 2025 5:49am
croocky price action today
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yes yes yes
  • #860,928
  • Jun 4, 2025 5:51am Jun 4, 2025 5:51am
sold 1.3542
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #860,929
  • Jun 4, 2025 6:42am Jun 4, 2025 6:42am
[quote=Wavegarrick;15265568]
Quoting Wavegarrick
{quote} 1.35425 remains in contention with a weekly and monthly close below. Bulls are not giving up and I await a weekly close above. No trade for me. Cheers {image}
Great minds think alike Leon...
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  • #860,930
  • Jun 4, 2025 6:52am Jun 4, 2025 6:52am
With the BOC holding rates, and US April S&P PMI coming in @ 53.7 vs 52.3 prelim, I favor short GU.
  • #860,931
  • Jun 4, 2025 7:03am Jun 4, 2025 7:03am
Quoting Guy1969
With the BOC holding rates, and US April S&P PMI coming in @ 53.7 vs 52.3 prelim, I favor short GU.
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I only follow traders with IQ above 160
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  • #860,932
  • Jun 4, 2025 7:21am Jun 4, 2025 7:21am
just bounce to the extreme again . ok checking previous top for next trades , as per pa possible
checking limit 3548 if test or not /bounce !
similar eurusd 1413 limit top failure
eurusd done , top failure , likely sr next may 1392. so may wit for gbpusd too
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #860,933
  • Jun 4, 2025 7:21am Jun 4, 2025 7:21am
GBPUSD remains in a sell zone. If it goes up a bit more i will sell more.
Never Ever Give Up!
  • #860,934
  • Jun 4, 2025 7:22am Jun 4, 2025 7:22am
Quoting msqk
BEARS are not letting go off their bite, BULLS are faking their straggle to validate bears opinion, only time will ......
This is the point where boys are separated from men in this profession. Buyers and Sellers can make money depending on strategy and the dominant direction still prevailed at the end.

Let see what happens @ 1.3560 whether Sellers can still have the capacity to push down.

What a boring market ..
Market Structure is the King.....
  • #860,935
  • Jun 4, 2025 7:22am Jun 4, 2025 7:22am
Quoting Cobra
GBPUSD remains in a sell zone. If it goes up a bit more i will sell more.
by all means...keep selling!
I only follow traders with IQ above 160
Challenge Tour All Time Return: 516.5%
  • #860,936
  • Jun 4, 2025 7:26am Jun 4, 2025 7:26am
Quoting Guy1969
With the BOC holding rates, and US April S&P PMI coming in @ 53.7 vs 52.3 prelim, I favor short GU.
Technicals still favor Buyers and until the news impact on direction, it's risky to start Selling... especially for a long catch though scalpers can always have their way ..

My opinion anyway...
Market Structure is the King.....
  • #860,937
  • Jun 4, 2025 7:32am Jun 4, 2025 7:32am
Quoting Abeylyn
{quote} Technicals still favor Buyers and until the news impact on direction, it's risky to start Selling... especially for a long catch though scalpers can always have their way .. My opinion anyway...
the narrative for sellers changed in a crocky pattern waiting if the 1hr candle can go above `1.357ish zone
Keep the Lights on then you can catch the rise from the dark.
  • #860,938
  • Jun 4, 2025 7:34am Jun 4, 2025 7:34am
Quoting Bflyfx
{quote} by all means...keep selling!
In other words, you are saying Buy.

Probably your response is ironical but some of us may get you wrong oooo.
Market Structure is the King.....
  • #860,939
  • Jun 4, 2025 7:36am Jun 4, 2025 7:36am
Quoting ricmaj
{quote} the narrative for sellers changed in a crocky pattern waiting if the 1hr candle can go above `1.357ish zone
Exactly. And ability of Asian low to keep price above that level is key for Bull to maintain solid ground.
Market Structure is the King.....
  • #860,940
  • Jun 4, 2025 7:40am Jun 4, 2025 7:40am
Quoting Bflyfx
{quote} by all means...keep selling!
pa not settled yet , 3570 to 3548 range now , may breaks up too 3590 ok too. 3577 may optimum . watching !
Not understand?better not follow my analyses!doubt clearer first, risks ++
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