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Cable Update (GBPUSD)

  • #714,761
  • Dec 15, 2022 6:01pm Dec 15, 2022 6:01pm
Quoting Elknit
Sell at 1.24 triggered. This will fade once market calms down.
Closed for 200 pips.
  • #714,762
  • Dec 15, 2022 7:22pm Dec 15, 2022 7:22pm
sell - 1.2210
Together we can be strongest
Vantage Return This Month: na
  • #714,763
  • Dec 15, 2022 8:11pm Dec 15, 2022 8:11pm
One more push to the up side and 1.223 looks good for sell trades
  • #714,764
  • Edited 8:36pm Dec 15, 2022 8:26pm | Edited 8:36pm
Quoting BeeTogether
{quote} wait till tomorrow get some sleep now!
i slept
it got to break even and again to a lose
never mind, i am ready to take a 30 $ loss if it break down ,
instead of 150 floating loss yesterday in that position only
i will still be in 300 $ total profit in the last 2 days
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 14 KB

this is a great strategy , if i had got in and out with the pure trend candle color change ,
i had gained almost 200 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 17 KB
Click to Enlarge Name: sp.png Size: 17 KB
Attached File(s)
File Type: ex4 !!!-MT4 X-XARDFX-MAv10.ex4   67 KB | 354 downloads
File Type: tpl pivot.tpl   244 KB | 281 downloads
yes yes yes
  • #714,765
  • Dec 15, 2022 9:47pm Dec 15, 2022 9:47pm
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 17 KB
  • #714,766
  • Dec 15, 2022 10:11pm Dec 15, 2022 10:11pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 20 KB
yes yes yes
  • #714,767
  • Dec 15, 2022 10:15pm Dec 15, 2022 10:15pm
Quoting Yngwie
Insane. Long 1.2162
manage to close 50 pips
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #714,768
  • Dec 15, 2022 10:53pm Dec 15, 2022 10:53pm
Today i have shifted Bella's GMT Switch for after 7:30 AM GMT.

Waiting for a New Trade.

-Bella's Blue
Attached Image (click to enlarge)
Click to Enlarge Name: Bella'sBlue_01.png Size: 12 KB
Goddess of Thunder..
  • #714,769
  • Dec 15, 2022 10:57pm Dec 15, 2022 10:57pm
CABLE
Most likely Filling Order Area target- awaiting
(Based H1 & H4) ~ Beware ahead Frankfurt and London Session

 

  1. 1.22498 - 1.22407
  2. 1.226842 - 1.22777
  3. 1.229157 - 1.229887
  4. 1.23418 - 1.23515

Nice Daily Closed yesterday, the tick volume activity was relatively high too. Beware, it could be that the long queue has been filled earlier before the weekly close.

"Bulls make money, Bears make money, but hogs get slaughtered"
  • #714,770
  • Dec 15, 2022 11:00pm Dec 15, 2022 11:00pm
Quoting Moty
{image}
goid morning mate! That 123 is the area I would consider as potential swing too short from too. 124 as is now a distant memory. Following recent weeks when Thursday is opposite the weeks trend Fridays usually corrects for a small retrace. Yesterday we saw over 250 pips drop in a day am thinking potentially 100 pips as max for the day (using psychological round numbers)
Insane in the Brain..
  • #714,771
  • Dec 15, 2022 11:07pm Dec 15, 2022 11:07pm

  1. eu is above last week candle
  2. gu is within last week candle

since i do not have a clear setup, i am off for a few hours

  • #714,772
  • Dec 15, 2022 11:15pm Dec 15, 2022 11:15pm
Don't be tempted to try to catch corrections above,
in my opinion it's dangerous and there really shouldn't be any,
because here is an example where the market went up 300 pips in one move
and then didn't correct even 30 percent and continued to rise
i am short
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu.png Size: 13 KB
Click to Enlarge Name: gu1.png Size: 12 KB
yes yes yes
  • #714,773
  • Dec 15, 2022 11:17pm Dec 15, 2022 11:17pm
G/M, a big > 30day adr bearish thrust dly candle y/day (on the gmt+2 price feed,) as the dovish Boe/Mpc +0.5%/7-2 vote eventually inspired a sell-off. There were signs of bullish exhaustion at the end of last week so no great surprise. Y/day’s lo (2156) came @ prev 1hr/4hr sw lo zone = prev supp = pot supp that extends down to 2154 @ the 85.4% fib of the 2106-2445 move up. Price pulled back from that lo and the Asian session has seen a continuation up finding supply at a prev 1hr sw lo zone = prev supp = pot sbt late in that session.

1hr could now be said to be in a general downtrend and the 4hr uptrend is severely impaired by y/day’s move down seeing y/day’s lo print as a L below the last 6 consecutive HL’s on that t/f. The last HL on the dly t/f is @ 2106

Coming up the (red flag rated by this site) the Uk flash manuf and services Pmi’s later this morning, these after uk retail sales a few mins ago which were worse than forecast/the previous #.

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 34 KB
Trader with an Edge.
  • #714,774
  • Dec 15, 2022 11:20pm Dec 15, 2022 11:20pm
Quoting Moty
{quote} i slept it got to break even and again to a lose never mind, i am ready to take a 30 $ loss if it break down , instead of 150 floating loss yesterday in that position only i will still be in 300 $ total profit in the last 2 days{image} this is a great strategy , if i had got in and out with the pure trend candle color change , i had gained almost 200 pips {image} {image} {file} {file}
The indicator relies on two moving averages, a 14 and a 34. I changed the colors of the 14 so I would know when it was on top and bottom. Then I checked, 14 on top confirms price is moving up, 14 on bottom clearly shows price moving down. Results in less chop!
  • #714,775
  • Dec 15, 2022 11:27pm Dec 15, 2022 11:27pm
that what moves the market
s&p contract
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 11 KB
yes yes yes
  • #714,776
  • Dec 15, 2022 11:29pm Dec 15, 2022 11:29pm
...downside fibs of main 4hr+ swing lo's (from 0327 up) to 2445 swing hi moves, and 4hr are below.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: screenshot.png Size: 18 KB
Trader with an Edge.
  • #714,777
  • Dec 15, 2022 11:29pm Dec 15, 2022 11:29pm
Quoting Moty
Don't be tempted to try to catch corrections above, in my opinion, it's dangerous and there really shouldn't be any, because here is an example where the market went up 300 pips in one move and then didn't correct even 30 percent and continued to rise I am short {image} {image}
it's rare that the market move like that, you can't build a strategy on a rare situation
  • #714,778
  • Dec 15, 2022 11:39pm Dec 15, 2022 11:39pm
Long GBPUSD :1.21929
S/L:1.21684
T/P:1.24813

Bella's Support :1.21729

-Bella's Blue


Attached Image (click to enlarge)
Click to Enlarge Name: Bella'sBlue_01.png Size: 16 KB
Goddess of Thunder..
  • #714,779
  • Dec 15, 2022 11:46pm Dec 15, 2022 11:46pm
Quoting Bella.al
Long GBPUSD :1.21929 S/L:1.21684 T/P:1.24813 Bella's Support :1.21729 -Bella's Blue {image}
wow that’s a strong trade up… we seem to be taking a bit today after a good start overnight. That SL might be hit quickly
Insane in the Brain..
  • #714,780
  • Dec 15, 2022 11:47pm Dec 15, 2022 11:47pm
Quoting Bella.al
Long GBPUSD :1.21929 S/L:1.21684 T/P:1.24813 Bella's Support :1.21729 -Bella's Blue {image}
Touched Bella's Support : 1.21729

S/L is saved by few ticks , waiting for an update.

-Bella's blue
Attached Image (click to enlarge)
Click to Enlarge Name: Bella'sBlue_01.png Size: 13 KB
Goddess of Thunder..
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