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Cable Update (GBPUSD)

  • #862,101
  • Jun 29, 2025 10:49am Jun 29, 2025 10:49am
Quoting Pat Chiko
{quote} Arent you suppose to be busy on weekends ? {image}
Yeah you're right, thanks for "reminding" me...
  • #862,102
  • Jun 29, 2025 12:45pm Jun 29, 2025 12:45pm
Quoting Godspromise
{quote} man that means you been trading a long time how has trading been overall for you?
only been trading for 5/6 years… still learning
Insane in the Brain..
  • #862,103
  • Jun 29, 2025 12:50pm Jun 29, 2025 12:50pm
Inserted Video
  • #862,104
  • Jun 29, 2025 1:01pm Jun 29, 2025 1:01pm
Quoting ninner
https://www.youtube.com/watch?v=eeVu5_NOonU&t=252s
It was pretty long winded. I finally just took the transcript and had AI extract the key points. This point struck me as interesting:
"Parker stopped watching daily market prices about 10 years ago to manage emotions during drawdowns."
There ain't no use in cryin' It doesn't change anything." QOTSA
  • #862,105
  • Jun 29, 2025 1:02pm Jun 29, 2025 1:02pm
The GBPUSD price action on the daily time frame is bullish. However, on Friday, the price action went sideways after retesting the 1.37100 horizontal resistance area, an area that was last visited in September 2022. 2022. The area is near the 88.6-fib retracement area of the bearish swing traceable to May 2021. Technically, the bullish momentum is weakening. However, we may still see further northward movement in the early part of this week before a bearish correction.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #862,106
  • Jun 29, 2025 2:16pm Jun 29, 2025 2:16pm
Quoting BeeTogether
{quote} only been trading for 5/6 years… still learning
gotta bro mane its been a trip i develop a real passion for it started as just wanting to get money but i need it now as a skill
  • #862,107
  • Jun 29, 2025 2:21pm Jun 29, 2025 2:21pm
Gold buys look so Succulent interested to buy but currently in Usjpy buys kinda contradicts usd Strength man tuff
  • #862,108
  • Jun 29, 2025 2:26pm Jun 29, 2025 2:26pm
Quoting Godspromise
{quote} gotta bro mane its been a trip i develop a real passion for it started as just wanting to get money but i need it now as a skill
hear you mate!
Insane in the Brain..
  • #862,109
  • Jun 29, 2025 2:28pm Jun 29, 2025 2:28pm
Quoting Godspromise
Gold buys look so Succulent interested to buy but currently in Usjpy buys kinda contradicts usd Strength man tuff
thing is with gold if there is a sense of geopolitical shit it will rocket. If things remain sedate, could see a drop towards 3000
Insane in the Brain..
  • #862,110
  • Jun 29, 2025 2:28pm Jun 29, 2025 2:28pm
Quoting BeeTogether
{quote} only been trading for 5/6 years… still learning
Itsa long slow process but stick with it pal... it is doable
  • #862,111
  • Jun 29, 2025 2:32pm Jun 29, 2025 2:32pm
Quoting BeeTogether
{quote} thing is with gold if there is a sense of geopolitical shit it will rocket. If things remain sedate, could see a drop towards 3000
thats the thing all this lining up dont mean ntn unless something happens so the market has something to work with how about Usdjpy abd UsdCad Buys how do you feel about that? Im currently in those.
  • #862,112
  • Jun 29, 2025 2:33pm Jun 29, 2025 2:33pm
Quoting T721
{quote} Itsa long slow process but stick with it pal... it is doable
What up bro even though havent been posting still reading your replies in the thread hows it been?
  • #862,113
  • Jun 29, 2025 2:36pm Jun 29, 2025 2:36pm
My 2cents for GU this week

1...... either it drops and look for buys to 13800/850 area

2...... it goes straight up towards 13800/850 then look for sells

so its a wait n see...... fuckall to do right here other than wait it out
  • #862,114
  • Jun 29, 2025 2:37pm Jun 29, 2025 2:37pm
Quoting Godspromise
{quote} What up bro even though havent been posting still reading your replies in the thread hows it been?
Been in France for the last 2mnths ish.... but i stopped posting charts a while back
  • #862,115
  • Jun 29, 2025 2:55pm Jun 29, 2025 2:55pm
Quoting T721
{quote} Been in France for the last 2mnths ish.... but i stopped posting charts a while back
Whats your view on gold my confluence says buys but havent been good on gold for a long time care to share your view its always a pleasure seeing your opinions
  • #862,116
  • Jun 29, 2025 3:01pm Jun 29, 2025 3:01pm
Quoting Godspromise
{quote} Whats your view on gold my confluence says buys but havent been good on gold for a long time care to share your view its always a pleasure seeing your opinions
would look for buys if it drops lower to grab liquidity
  • #862,117
  • Jun 29, 2025 3:07pm Jun 29, 2025 3:07pm
Quoting T721
{quote} would look for buys if it drops lower to grab liquidity
i see but its sitting on a nice support after tapping into a huge 4 hr supply zone below even so still lower?. i wont bother entering cause im already tentative about gold.
  • #862,118
  • Jun 29, 2025 3:11pm Jun 29, 2025 3:11pm
Quoting T721
{quote} would look for buys if it drops lower to grab liquidity
break of the 4 hr support area seems plausible ill wait to see that if it happen before taking a entry
  • #862,119
  • Jun 29, 2025 3:24pm Jun 29, 2025 3:24pm
Quoting Godspromise
{quote} break of the 4 hr support area seems plausible ill wait to see that if it happen before taking a entry
Im thinking something like this.... will be looking for divergence on 15min tf. might drop a little lower than the bottom grey zone but should be a nice move if it goes
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  • #862,120
  • Jun 29, 2025 3:43pm Jun 29, 2025 3:43pm
also chf crosses look good to go upside...... aud/chf nzd/chf cad/chf
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