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Cable Update (GBPUSD)

  • #863,861
  • Aug 7, 2025 12:06pm Aug 7, 2025 12:06pm
Quoting Wavegarrick
{quote} My technical analysis on GU playing out accordingly currently with 4 trades at 2400 pips in profit. Zooming into the daily timeframe big resistance ahead. 1.35425 with a daily or weekly close above important for a bullish V shape recovery in days ahead. Weekly close in this area at 1.34257 would be an indication of more bearishness to come. Will update with my entry/exit trades. Patience of utmost importance here. Cheers. {image}
Funny looking chart Leon ...is this your broker...
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  • #863,862
  • Aug 7, 2025 12:11pm Aug 7, 2025 12:11pm
Good trading day folks We have a possible sideways movement btw today and tomorrow weekly close for EU 1.1625 and 1.1650 with possibility of extending down to 1.1610 and up to 1.1670.
After hitting the expected weekly support 1.1610-25, seems bulls are trying to hold on it but looking at the overall picture on long term doesn't support the bulls.
We have to wait for tomorrow's weekly close to determine the possible direction for next week, still bearish on long term so only sell here at every retrace up.
Monthly already exhausted on the upside with possibility of little more toward 1.1730s while downside is all open for a pullback, knowing we're still at the start of the month.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #863,863
  • Aug 7, 2025 12:14pm Aug 7, 2025 12:14pm
GU bulls still trying on reaching the weekly higher resistance ~1.3475-90s while holding on 1.3390s and 1.3360s crucial support now on weekly.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #863,864
  • Aug 7, 2025 12:17pm Aug 7, 2025 12:17pm
consolidation
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  • #863,865
  • Aug 7, 2025 12:47pm Aug 7, 2025 12:47pm
Quoting Wavegarrick
{quote} My technical analysis on GU playing out accordingly currently with 4 trades at 2400 pips in profit. Zooming into the daily timeframe big resistance ahead. 1.35425 with a daily or weekly close above important for a bullish V shape recovery in days ahead. Weekly close in this area at 1.34257 would be an indication of more bearishness to come. Will update with my entry/exit trades. Patience of utmost importance here. Cheers. {image}
Bloody hell Leon you say youve been trading 20 years and your up 2400 pips at $0.05 per pip that makes you $120 minus the 3000 pips you lost on your Trading Explorer $150 that makes you a net total of minus $30, you probably make more on "only fans", atleast you can set it off on your tax returns...
  • #863,866
  • Aug 7, 2025 1:00pm Aug 7, 2025 1:00pm
the weeping lady

Inserted Video
  • #863,867
  • Edited 1:37pm Aug 7, 2025 1:20pm | Edited 1:37pm
Near dead market , not moving fast , anyway pa remains the same around 1636 same full time , next test breaks the heart line eurusd 1597 and gbpusd 3380 eurusd round top distorted a little but same
St last nay test 1629 confirmation to have some fast activities ,if ,,!
Broken , so target previous low 1611 to down continue possible!
And gbpusd 3394/0 to test 80 if
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #863,868
  • Aug 7, 2025 2:06pm Aug 7, 2025 2:06pm
Quoting Waveskierrob
{quote} Bloody hell Leon you say youve been trading 20 years and your up 2400 pips at $0.05 per pip that makes you $120 minus the 3000 pips you lost on your Trading Explorer $150 that makes you a net total of minus $30, you probably make more on "only fans", atleast you can set it off on your tax returns...
Waveski, you most likely missed Leon "the shark" TE last year. His base currency is the South African rand, and he trades micro lots. Your calculation of his profits is very generous.
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Always trade your own plan...I don't provide trading signals.
  • #863,869
  • Aug 7, 2025 2:10pm Aug 7, 2025 2:10pm
Quoting Headland
{quote} G/M, price @ current dly hi again challenged the pot sbr zones / fib cluster described above, and shown on chart below. Price is again above the Wkly Pivot. The current dly hi was a false 1st b/o of 1st y/day hi, then the asian hi which is just above it. Still no b/o either way of last wk's hi or lo yet this week. Uk Boe's Mpc later. Is at least, and most likely if it does, a 0.25% cut nailed on? 4hr below {image}
So, reaction more to the 0-5-4 Boe Mpc vote, sees the pot sbr zones described above break to the upside, with the post data hi, which is the current/likely actual (?) dly hi, @ the confluence of that 61.8% fib, a prev 1hr/minor 4hr sw hi zone = prev res = pot res and Wkly R1 pivot. The 1st downside p/back from there found' buy the dip' demand @ Mthly Pivot/Dly R1 area, and on a 1st test of the current dly hi zone has also been rebuffed to the downside.

Last week's hi or lo though, well, still no b/o either way so far this week. Obviously, the 3452/53 last wk's hi is nearer to the prevailing current price. 99% of 30day adr traveled so far today. 82% of 13wk awr traveled so far this week.

4hr with 10/20/40 ema crosses graphic below.
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Trader with an Edge.
  • #863,870
  • Aug 7, 2025 2:10pm Aug 7, 2025 2:10pm
Quoting Waveskierrob
{quote} Bloody hell Leon you say youve been trading 20 years and your up 2400 pips at $0.05 per pip that makes you $120 minus the 3000 pips you lost on your Trading Explorer $150 that makes you a net total of minus $30, you probably make more on "only fans", atleast you can set it off on your tax returns...
Ayoo
You have to have an IQ higher than 90 to interact with this user.
  • #863,871
  • Aug 7, 2025 2:12pm Aug 7, 2025 2:12pm
Quoting Coreg2004
{quote} Waveski, you most likely missed Leon "the shark" TE last year. His base currency is the South African rand, and he trades micro lots. Your calculation of his profits is very generous. {image}
well I thought I would give him the benefit of doubt...
  • #863,872
  • Aug 7, 2025 2:22pm Aug 7, 2025 2:22pm
as long as we have a green candle close today ill get a buy signal and ill be goin long again on pullbacks tmoro

just keep faith humpty gona say and do more dumb shit so just stay bearish the dollar LOL


we'll prolly fall to 96 this month on DXY
short trump and go long the deepstate
  • #863,873
  • Aug 7, 2025 2:38pm Aug 7, 2025 2:38pm
last weeks fed and todays boe rate decisions shud finally put a nail in the half-baked notion of interest rate proclamations having to do anything with currencies now LOL

like i been sayin its all about the tariffs and american taxcuts for the billionaires now....the only way humpty can save the dollar now with rate decisions is if he gets down on his knees and blows powell on live tv LOL

adapt gentlemen or ull become roadkill
short trump and go long the deepstate
  • #863,874
  • Aug 7, 2025 3:00pm Aug 7, 2025 3:00pm
Trump: It is my great honor to announce that I have chosen Dr. Stephen Miran, current CEA Chairman, to serve in the just vacated seat on the Fed Board

dollar crashing

this what happens when he keeps picking retard maga turds to run the economy LOL
short trump and go long the deepstate
  • #863,875
  • Aug 7, 2025 3:03pm Aug 7, 2025 3:03pm
Quoting Zebi
as long as we have a green candle close today ill get a buy signal and ill be goin long again on pullbacks tmoro just keep faith humpty gona say and do more dumb shit so just stay bearish the dollar LOL we'll prolly fall to 96 this month on DXY
Quoting Zebi
last weeks fed and todays boe rate decisions shud finally put a nail in the half-baked notion of interest rate proclamations having to do anything with currencies now LOL like i been sayin its all about the tariffs and american taxcuts for the billionaires now....the only way humpty can save the dollar now with rate decisions is if he gets down on his knees and blows powell on live tv LOL adapt gentlemen or ull become roadkill
i said that half hour ago so what does the imbecile do but pick a retard for the fed board?

trump better invite jerome for a tv interview cause dollar just gona keep falling unless he performs fellatio live for all of us to witness
short trump and go long the deepstate
  • #863,876
  • Aug 7, 2025 3:11pm Aug 7, 2025 3:11pm
Usdx failed to react to the minimum and likely down !!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #863,877
  • Edited Aug 8, 2025 4:19am Aug 7, 2025 4:00pm | Edited Aug 8, 2025 4:19am
...a 5th consecutive bullish-bodied dly candle just closed (this one > 30day adr and a thrust candle,) on my price feed. It has certainly been a strong move up off last wk's/current mthly 3140 lo. The now y/day 3448/49 hi/current wkly hi came in the prev 1hr/4hr sw hi zone = pot res that extends up to last wk's 3453 hi and is the 1st upside b/o of Wkly R1. 50% of the total recent main 3788-3140 down move is next fib to the upside @ 3464. General uptrends on 1hr and 4hr, and dly is bullish, are the state of things on those t/f's.

EDIT: punctuation corrected.

4hr, then dly, below.
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Trader with an Edge.
  • #863,878
  • Aug 7, 2025 4:22pm Aug 7, 2025 4:22pm
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yes yes yes
  • #863,879
  • Aug 7, 2025 4:47pm Aug 7, 2025 4:47pm
Okay folks, after the drama story of Trump choosing a new Fed member have been settled, and it's obvious by now that it's already priced in, so time for little Euro to keep on weakening.
Today, the same fight is continuing with the daily candle being rejected and closed below 1.1670, although reached to the expected weekly support 1.1610-25 and rose before that to 1.1698
Today's new candle would try to move in the 1.1625-1.1670 range although possible to break either ways.
Bears will try to push a close of the week below 1.1600, in the meaning below weekly support now 1.1610-25 to turn it resistance again, while bulls will try to place the pair as high as possible from there and on daily above 1.1670 for a fresh next weekly candle attack of higher levels, though monthlybis waiting nearby 1.1730s

IMO EU still bullish, no more important news nor market power to drag it much more higher than monthly if possible, and lows are way far from current price, so it's just the big players finally deciding on best positioning on long term, so let's see what's next in this crazy market.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #863,880
  • Aug 7, 2025 4:51pm Aug 7, 2025 4:51pm
GU will try to push up to 1.3475-95 crucial weekly resistance while crucial support still waiting at 1.3390s and 1.3360s

WHAT IS THE WEEKLY CANDLE HIDING FOR US AT DAY END
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
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