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Cable Update (GBPUSD)

  • #864,241
  • Aug 15, 2025 2:43am Aug 15, 2025 2:43am
Although unexpected that much retrace now but GU moved according to the 1.3570-1.3490s-40s I've talked about, still the fall is coming, just hunting SLs
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #864,242
  • Aug 15, 2025 2:47am Aug 15, 2025 2:47am
Quoting ChiForex
Although unexpected that much retrace now but GU moved according to the 1.3570-1.3490s-40s I've talked about, still the fall is coming, just hunting SLs
While the € still clowning, acting as if no great US data showed yesterday. Well, actually EU moved today as if it's the weekly start day Monday(that passed) and it's basing on the higher end 1.1650 of the weekly support zone 1.1630-50 that I've talked about in few posts ago. Still the fall is coming, € can't run from its fatal fall
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #864,243
  • Aug 15, 2025 2:49am Aug 15, 2025 2:49am
my longs will be happy @1.36 see u there
chaos is just unknown order
  • #864,244
  • Aug 15, 2025 2:54am Aug 15, 2025 2:54am
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yes yes yes
  • #864,245
  • Aug 15, 2025 5:02am Aug 15, 2025 5:02am
Hello everyone! The GBPUSD price continues to move along the local uptrend line formed on the H4 timeframe. After another downward correction to this line and a rebound from it upward, the target for the continuation of the bullish movement may be the resistance level of 1.3630.

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  • #864,246
  • Aug 15, 2025 5:14am Aug 15, 2025 5:14am
Looks likes a shift in threads "GOLD" now more popular than "GU UPDATE" is this because more folks are trading GOLD now rather than GU, I for one certainly am, GOLD one of the oldest forms of trading, daily range very small, very rarely hits 100 pips in one direction in a day, doesn't react to bad to news and spreads one of the smallest, as a scalper suits me down to the ground....
  • #864,247
  • Aug 15, 2025 5:20am Aug 15, 2025 5:20am
Quoting Waveskierrob
Looks likes a shift in threads "GOLD" now more popular than "GU UPDATE" is this because more folks are trading GOLD now rather than GU, I for one certainly am, GOLD one of the oldest forms of trading, daily range very small, very rarely hits 100 pips in one direction in a day, doesn't react to bad to news and spreads one of the smallest, as a scalper suits me down to the ground....
yup me too. Sometimes make a lot sometimes lose a lot but the losses are more controlled on gold than in Cable or even the yen pairs
Insane in the Brain..
  • #864,248
  • Aug 15, 2025 5:21am Aug 15, 2025 5:21am
keep crooking mf , i have no sl , you can squeeze until next year
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yes yes yes
  • #864,249
  • Aug 15, 2025 5:22am Aug 15, 2025 5:22am
Quoting BeeTogether
{quote} yup me too. Sometimes make a lot sometimes lose a lot but the losses are more controlled on gold than in Cable or even the yen pairs
You seem to be well informed with GOLD and IG do you know why it closes at 20:00 to 23:00 ...cheers
  • #864,250
  • Aug 15, 2025 5:26am Aug 15, 2025 5:26am
Quoting Waveskierrob
{quote} You seem to be well informed with GOLD and IG do you know why it closes at 20:00 to 23:00 ...cheers
No idea closed at 10pm uk time for an hour. Interesting thing is we don’t have wild spreads on reopening either
Insane in the Brain..
  • #864,251
  • Aug 15, 2025 5:27am Aug 15, 2025 5:27am
Quoting BeeTogether
{quote} No idea closed at 10pm uk time for an hour. Interesting thing is we don’t have wild spreads on reopening either
Ok thanks will message IG... just curious
  • #864,252
  • Edited 6:04am Aug 15, 2025 5:29am | Edited 6:04am
G/M, y/day's 3595 hi/the current wkly hi is @/around Wkly R2, and Mthly R3 is just above @/around 3599. Y/day's < 30day adr dly candle was bearish, but so far today it's been all up from the Asian lo/current dly lo which was a false slight 1st downside b/o of y/day's lo. Price @ said y/day hi is in those coexistent/overlapping prev dly sw hi/lo zones, the prev minor sw hi that extends up to 3619 being a 1st test of the prev sw lo zone, as pot sbr. The 2nd being @ 3588, the 3rd @ y/day's 3595 hi. This prev sw lo zone = prev sbr x 3 now = pot sbr that started @ 3562, extends up to circa 3628 on this dly t/f, and contains that said Mthly R1, and below it Dly R1 @/around 3576, then higher into it @/around 3623, is Dly R2. Price is still above last wk's hi, and the Wkly (where it opened the week and has stayed there all week,) and Mthly, Pivots, and indeed still above Wkly R1, where it met 'buy the dip' support on the p/back from y/day's 3595 hi.

87% of 13wk awr, and 87% of 6mth amr travled so far this week/month respectively. Unlikely that Wkly R3 @/around 3725 will be hit today,? but anything can happen. U.s Retail Sales (etc?) later may have an influence in that?

EDIT: typos.

Dly below
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Trader with an Edge.
  • #864,253
  • Aug 15, 2025 5:30am Aug 15, 2025 5:30am
wrong thread lool
  • #864,254
  • Aug 15, 2025 5:36am Aug 15, 2025 5:36am
Quoting BeeTogether
{quote} No idea closed at 10pm uk time for an hour. Interesting thing is we don’t have wild spreads on reopening either
Yea sorry 22:00 not 20:00, very rarely see the spreads more than 0.5 and if you count to ten when 0.5 usually drops to 0.3 which matters when a scalper like me ...
  • #864,255
  • Aug 15, 2025 5:40am Aug 15, 2025 5:40am
Nothing more than a typical dirty pump up before US data news to limit the fall. Now bulls will try to hold 1.1650 to 30 after the news release. As if yesterday/today good data never existed!

Still in E.J Antoni we trust
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #864,256
  • Edited 6:02am Aug 15, 2025 5:48am | Edited 6:02am
No change , price above 3560, 3564/67 important and now waiting breaks and hold 3540 to previous and if new lows today!
Earliest break out down now can be 3552; & confirm 3543/40 for may minimum 3490 possible
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #864,257
  • Aug 15, 2025 5:49am Aug 15, 2025 5:49am
Quoting msqk
{quote} The real picture on my screen as is, Eyes on the destiny {image}
Back to the desk
Well, I had not noticed this in the morning,
3539 advanced choch breakout zero-rated bears hope IMHO,
any mitigation, "if you know you know, if you don't forget it"

cheers
MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #864,258
  • Aug 15, 2025 5:53am Aug 15, 2025 5:53am
Quoting msqk
{quote} Back to the desk Well, I had not noticed this in the morning, 3539 advanced choch breakout zero-rated bears hope IMHO, any mitigation, "if you know you know, if you don't forget it" cheers
Change of Character zero rated bear means bull in control ?

Good day bro.
Market Structure is the King.....
  • #864,259
  • Aug 15, 2025 5:53am Aug 15, 2025 5:53am
... Dly is rangy to most recently v.bullish overall, 4hr and 1hr in general uptrends, intraday bullish so far today.. 1hr is in a slightly ascending mini equidistant (ish) channel right now. 2nd upside b/o of asian hi right now.

1hr, 4hr, then 10/20/40 ema crosses graphic, below
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Trader with an Edge.
  • #864,260
  • Aug 15, 2025 6:00am Aug 15, 2025 6:00am
Quoting Waveskierrob
{quote} You seem to be well informed with GOLD and IG do you know why it closes at 20:00 to 23:00 ...cheers
here’s what I got from Google. Not sure if it makes any sense to me lol
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Insane in the Brain..
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