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johncen replied Aug 28, 2025the million dollar question is when is this drop coming?
Cable Update (GBPUSD)
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johncen replied Aug 27, 2025still waiting for the abc-x-abc to play out (if it is still the case)
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johncen replied Aug 27, 20251667 may be strong resistance and if we retrace from there 1610 1600 may be another buy
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johncen replied Aug 27, 2025back within the range as unable to break below 1582 Maybe a test to 1660
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johncen replied Aug 27, 20251591 you mean Gator? yea i was watching usdx for signal and was hoping a spike above 98.8 and eu to maybe touching 1556 or near for a buy hence i was holding on buying near 1573. but really there was no news to push the price below 1582 so yea back ...
The Swamp
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johncen replied Aug 27, 2025bad decision, got the wrong signal. 1620 didnt stop and bull appearing strong at the moment testing 1637 level. Downward trendline looks like broken would not be a good sign if bear unable to defend this area
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johncen replied Aug 27, 2025price alert woke me up, would have hit my tp if keeping my long. i will see if i can get back in buying if bear unable to defend 1640-50 level
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johncen replied Aug 27, 2025yes please! My preference is to not see 16xx for a while damn just had a pop above 1600…. Should have keep my scalp long. Oh well
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johncen replied Aug 27, 20251582 still supporting for now… hmmmm ok i will stay sideline for a bit. see if we get 1620 or 1556 first
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johncen replied Aug 27, 2025got fooled by the last hourly closed so -10 on my long. please bring 1556 now am still a bit uncomfortable as usdjpy and usdchf are both down…
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johncen replied Aug 27, 2025yea last h might be a fake move. Closing a scalp long here -10. Waiting for hourly close
The Swamp
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johncen replied Aug 27, 2025seems lack of momemtum after the hourly close… last 30 mins candle: eurusd down back below 1590, but usdjpy and usdchf also down
The Swamp
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johncen replied Aug 27, 2025this Friday is not just the end of the week but also end of the month so where we closing the channel matters We surely can bounce here and closing bullish, but it can also close bearish if gdp and pce supporting the dollars
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johncen replied Aug 27, 2025given how important 1556 is we should at least touch it even if bull is going to defend this area. For now still no touch. i might be wrong and 1573 does the job for now. But 1556 should be seen.
The Swamp
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johncen replied Aug 27, 2025yes indeed, gdp and pce this week, nfp next week, and crazy man’s tweet, can change the markst in minutes! we just have an hour closing below 1582. Let see if it brings 1556 this time as long as no random tweet Update: daily s2 1573 still in the way ...
The Swamp
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johncen replied Aug 27, 2025can i ride this with you? Not sure if we are ready for 1.14 yet or we need to wait for Sep. there are still uncertainty around fomc, lisa cook’s court case with Trump, French govt trust vote, and Ukraine/Russia peace talk. oh US-China talk as well ...
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johncen replied Aug 27, 2025trying a new trading style for range trading, not sure if we are breaking out of the range now….
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