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Cable Update (GBPUSD)

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  • Post #726,061
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  • Feb 3, 2023 7:57am Feb 3, 2023 7:57am
  •  randu
  • Joined Jun 2008 | Status: Ctrl-Z | 325 Posts
Quoting catch22
Disliked
{quote} thought so, lol. but seriously?
Ignored
You could have red badge if you want. With a bit tweak.
 
 
  • Post #726,062
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  • Feb 3, 2023 7:58am Feb 3, 2023 7:58am
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 6,612 Posts
Took profit as it dipped a bit 1200 better than nowt. Taken a small short at 12250 SL will be 123.
 
 
  • Post #726,063
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  • Feb 3, 2023 8:02am Feb 3, 2023 8:02am
  •  Headland
  • Joined Apr 2020 | Status: not posting atm | 5,176 Posts
Quoting Headland
Disliked
G/M, ....chart below shows the recent 4hr 2448-2262 range. Will we see a retest of it in a pullback? 4hr
Ignored
Back for U.s NFP. So, yes was the answer to question I posed in my 1st post of the day. The current dly hi of 2265 in that prev 1hr/4hr sw hi zone starting @ 2254 is coexistent with the prev 1hr/4hr/minor dly sw lo zone starting @ 2262, both = prev supp = pot sbr. It was a hi-prob play from the current dly lo in the 4hr/dly part of that prev 1hr/4hr/dly sw lo zone = prev supp = pot supp, particularly with the reg bullish div play there on 5min - 1hr.

1hr below
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
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  • Post #726,064
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  • Feb 3, 2023 8:05am Feb 3, 2023 8:05am
  •  mohrali
  • Joined Sep 2022 | Status: Member | 60 Posts
I don't know if this chart is correct or not? But this is an analysis and I see it this way
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Do not get emotional when you gain or lose
 
 
  • Post #726,065
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  • Feb 3, 2023 8:07am Feb 3, 2023 8:07am
  •  Robinhood1
  • Joined Dec 2011 | Status: Postmaster | 10,427 Posts
Quoting Robinhood1
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Going to be showing off with a few swing trading predictions and then i am off. Gbpnzd: buying starts around 1.8870 eurgbp: selling starts around 0.8965 eurcad: selling starts around 1.4705
Ignored
I will be posting about these 3 for a while to see if i am getting swing trading right. Thereafter, reading members post to kill time. And after that, i´ll see.
PHASE II running 666
 
 
  • Post #726,066
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  • Feb 3, 2023 8:13am Feb 3, 2023 8:13am
  •  Headland
  • Joined Apr 2020 | Status: not posting atm | 5,176 Posts
...the pot (potential) immediate near-term sb zones likely extend up to 2300 on 4hr. Looking to the immediate downside @/below current dly on 4hr is on chart below. Downside near-term fibs are posted too.

4hr & downside fibs below
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
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  • Post #726,067
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  • Feb 3, 2023 8:17am Feb 3, 2023 8:17am
  •  BigNumbers
  • Joined Jul 2021 | Status: AGAINST ALL ODDS | 2,025 Posts
Protect your position nfp @2:30 pm..
If it was easy... Everyone would do it!
 
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  • Post #726,068
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  • Feb 3, 2023 8:19am Feb 3, 2023 8:19am
  •  pipfarm
  • Joined Oct 2010 | Status: Member | 3,176 Posts
Quoting DrDave
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{quote} For me, this has already progressed to being the H2 retracing the H8 with down continuation to follow.
Ignored
ok same thing then.
Follow The Markets Structure - Patience and Discipline
 
 
  • Post #726,069
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  • Feb 3, 2023 8:20am Feb 3, 2023 8:20am
  •  Fardeen1209
  • Joined Jul 2021 | Status: Rookie | 1,342 Posts
Quoting Headland
Disliked
...the pot (potential) immediate near-term sb zones likely extend up to 2300 on 4hr. Looking to the immediate downside @/below current dly on 4hr is on chart below. Downside near-term fibs are posted too. 4hr & downside fibs below {image} {image}
Ignored
A LQ sweep to 2280 on NFP mixed data then down?
Because after closing the 4hr imbalance at 2261, price is still below the 50% fib of the yesterday's move.
Trade at good levels or no trade at all!
 
2
  • Post #726,070
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  • Feb 3, 2023 8:20am Feb 3, 2023 8:20am
  •  dantpm
  • Joined Aug 2022 | Status: Stubborn, slow but still learning! | 2,080 Posts
Quoting BigNumbers
Disliked
Protect your position nfp @2:30 pm..
Ignored

Kind of meaningless without a time zone... how about in 10 min.
Stubborn, often slow but still learning!
 
1
  • Post #726,071
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  • Feb 3, 2023 8:21am Feb 3, 2023 8:21am
  •  Headland
  • Joined Apr 2020 | Status: not posting atm | 5,176 Posts
...so, can NFP # once again defy expectations, or is the mth it finally undershoots?

Forecasts by this site are shown by the arrow
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
2
  • Post #726,072
  • Quote
  • Feb 3, 2023 8:22am Feb 3, 2023 8:22am
  •  dantpm
  • Joined Aug 2022 | Status: Stubborn, slow but still learning! | 2,080 Posts
Quoting Headland
Disliked
...so, can NFP # once again defy expectations, or is the mth it finally undershoots?
Ignored
It is published by the government, it is kind of like forex, it is whatever they want.
Stubborn, often slow but still learning!
 
1
  • Post #726,073
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  • Feb 3, 2023 8:23am Feb 3, 2023 8:23am
  •  DrDave
  • Joined Jun 2011 | Status: Member | 8,315 Posts
Quoting mohrali
Disliked
I don't know if this chart is correct or not? But this is an analysis and I see it this way {image}
Ignored
At the moment, I concur, except the focus needs to be moved up to M30. Now need to see how this down swing ends.
The markets are speaking to you. Do you know their language? I M T
 
 
  • Post #726,074
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  • Feb 3, 2023 8:24am Feb 3, 2023 8:24am
  •  pipfarm
  • Joined Oct 2010 | Status: Member | 3,176 Posts
Push down to 2200 then a push up H1/H15

If it breaks 2182 low then push back up to 2217 and down
Follow The Markets Structure - Patience and Discipline
 
2
  • Post #726,075
  • Quote
  • Feb 3, 2023 8:29am Feb 3, 2023 8:29am
  •  Whale
  • Joined Jun 2013 | Status: Underwater | 9,010 Posts
Quoting Whale
Disliked
Possible scenario based Wyckoff distribution to the yearly open 1.2085 NOT a buy signal! {image}
Ignored
remember?

if it down don’t try to lift it will be baddddd
 
1
  • Post #726,076
  • Quote
  • Feb 3, 2023 8:29am Feb 3, 2023 8:29am
  •  DrDave
  • Joined Jun 2011 | Status: Member | 8,315 Posts
Quoting pipfarm
Disliked
{quote} ok same thing then.
Ignored
In essence, the same. But for the folks that have not yet figured out how to use the samller TFs interacting with the larger TFs, focusing on H4 instead of H8 leads to pre-mature entries via H1 that look absolutely "correct", but that can turn into failures because the H2 wasn't finished yet. And becasue so few people don't look at H2/H8, they don't even realize the explanation for what happened.
The markets are speaking to you. Do you know their language? I M T
 
 
  • Post #726,077
  • Quote
  • Feb 3, 2023 8:30am Feb 3, 2023 8:30am
  •  BigNumbers
  • Joined Jul 2021 | Status: AGAINST ALL ODDS | 2,025 Posts
Price dip below 1.22450. I want to believe it a fake out…
If it was easy... Everyone would do it!
 
 
  • Post #726,078
  • Quote
  • Feb 3, 2023 8:30am Feb 3, 2023 8:30am
  •  pipfarm
  • Joined Oct 2010 | Status: Member | 3,176 Posts
Quoting DrDave
Disliked
{quote} In essence, the same. But for the folks that have not yet figured out how to use the samller TFs interacting with the larger TFs, focusing on H4 instead of H8 leads to pre-mature entries via H1 that look absolutely "correct", but that can turn into failures because the H2 wasn't finished yet. And becasue so few people don't look at H2/H8, they don't even realize the explanation for what happened.
Ignored
I have not found that problem myself but will check it out.
Follow The Markets Structure - Patience and Discipline
 
 
  • Post #726,079
  • Quote
  • Edited 9:19am Feb 3, 2023 8:31am | Edited 9:19am
  •  W0lfram
  • Joined Dec 2020 | Status: Crossed over into the Twilight Zone | 1,333 Posts
Just in case here is hourly pa for NFP days since Feb 2019. Feel free to find patterns
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Name: nfp pa.png
Size: 83 KB
 
4
  • Post #726,080
  • Quote
  • Feb 3, 2023 8:32am Feb 3, 2023 8:32am
  •  Whale
  • Joined Jun 2013 | Status: Underwater | 9,010 Posts
Quoting Whale
Disliked
{quote} remember? if it down don’t try to lift it will be baddddd
Ignored
what can we do… 9h later bobobobom!
Attached Image (click to enlarge)
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Size: 67 KB
 
 
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