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Cable Update (GBPUSD)

  • #861,721
  • Jun 18, 2025 9:52am Jun 18, 2025 9:52am
mf !!!!
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yes yes yes
  • #861,722
  • Jun 18, 2025 10:42am Jun 18, 2025 10:42am
Quoting Moty
mf !!!! {image}
Moty, I know you've not asked for advice, and I really hope I'm not giving advice that's not wanted, but when macd does that equal up / below histogram thing - it's ranging, every asset is almost the same at the moment. Just wait it out, conserve and protect that capital, as a trader you're capital is the most important thing in the world. You need to change what can I win to what can I lose?

Don't trade...Add ADX or something to your chart, to help as a filter.

I'm a long-time lurker and I'm not criticizing, I have had problems with the psychology side of trading in the past, so when I see it, I hope to provoke you into a change of mentality. You have so much going for you; you don't seem to suffer from fear or setbacks. You get on with trading after a loss and continue. If you sort out over-trading addiction, you will be rich, and I really hope you do it.
  • #861,723
  • Jun 18, 2025 10:53am Jun 18, 2025 10:53am
Quoting MrFanciful
Another multi-hour range during the London session? Perhaps the exodus of wealthy people since Labour came in means there are no more traders in the City of London.
I'm wondering about London, it's been quiet for such a long time, I've read stuff about the rules of capital and the chancellors planned changes to that, so maybe there are post 2007 crash countermeasure fiscal rule changes that have had a negative effect or maybe it's just brexit.

Either way, I get up at 3am (UK) every day, make a full English, drink 4 pints of Guinness, trade asia, skip london, trade new york.
  • #861,724
  • Jun 18, 2025 10:56am Jun 18, 2025 10:56am
so overall situation goes like before big news next , may further bounce keeping the now price after enigh it , spikes down /ups and settle ! for gbpusd waiting now breaks and hold 3475 or 3495 and 3515 limit tests!!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #861,725
  • Jun 18, 2025 12:04pm Jun 18, 2025 12:04pm
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E. and BP 5' --- Not happy with PA so far......Anyway my SLs are there to avoid losses.

  • #861,726
  • Jun 18, 2025 12:53pm Jun 18, 2025 12:53pm
Attached Image (click to enlarge)
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yes yes yes
  • #861,727
  • Jun 18, 2025 1:17pm Jun 18, 2025 1:17pm
Two rate cuts expected for 2025, short dollar into end of the week. Gold heading for 3490.
  • #861,728
  • Jun 18, 2025 1:19pm Jun 18, 2025 1:19pm
Quoting Guy1969
Two rate cuts expected for 2025, short dollar into end of the week. Gold heading for 3490.
I bought gold and quit with just $161 profit after loads of dilly dallying. However, I expect it to rise on way or the other. As for GU I have no trades.
  • #861,729
  • Jun 18, 2025 1:22pm Jun 18, 2025 1:22pm
Just for fun and a tap of the monthly pivot, short GU at 3450. TP at 3393 pr below. I'll jump out as soon as I see good profit.
  • #861,730
  • Jun 18, 2025 1:32pm Jun 18, 2025 1:32pm
buy Gold
People don't plan to lose. They lose because they don't plan.
  • #861,731
  • Jun 18, 2025 1:33pm Jun 18, 2025 1:33pm
Quoting Guy1969
Two rate cuts expected for 2025, short dollar into end of the week. Gold heading for 3490.
serious trader here, cheers
People don't plan to lose. They lose because they don't plan.
  • #861,732
  • Jun 18, 2025 1:33pm Jun 18, 2025 1:33pm
Quoting Mitiblotch
Just for fun and a tap of the monthly pivot, short GU at 3450. TP at 3393 pr below. I'll jump out as soon as I see good profit.
you too
People don't plan to lose. They lose because they don't plan.
  • #861,733
  • Jun 18, 2025 1:47pm Jun 18, 2025 1:47pm
Quoting Guy1969
Two rate cuts expected for 2025, short dollar into end of the week. Gold heading for 3490.
Not sure you know. The tone seemed very uncertain. The initial spike wasn’t good enough to even break 3400 on gold.
Insane in the Brain..
  • #861,734
  • Jun 18, 2025 1:52pm Jun 18, 2025 1:52pm
Gold is not heading btw
  • #861,735
  • Jun 18, 2025 2:07pm Jun 18, 2025 2:07pm
mf !!!
Attached Image (click to enlarge)
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yes yes yes
  • #861,736
  • Jun 18, 2025 2:11pm Jun 18, 2025 2:11pm
Quoting Mitiblotch
Just for fun and a tap of the monthly pivot, short GU at 3450. TP at 3393 pr below. I'll jump out as soon as I see good profit.
Close here at 3407. +43 pips in the bag. I can't complain.
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  • #861,737
  • Jun 18, 2025 2:16pm Jun 18, 2025 2:16pm
Quoting ThaoAnh
{quote} {image} {image}
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  • #861,738
  • Jun 18, 2025 2:23pm Jun 18, 2025 2:23pm
Quoting ThaoAnh
{quote} {image}
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  • #861,739
  • Jun 18, 2025 2:32pm Jun 18, 2025 2:32pm
Quoting MrFanciful
DXY back to 99. GU back to 1.34-1.3375
Called it.
  • #861,740
  • Jun 18, 2025 3:01pm Jun 18, 2025 3:01pm
gbpusd stil bullish on my end ...

i can be wrong
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
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