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Cable Update (GBPUSD)

  • #550,081
  • Sep 25, 2020 6:40am Sep 25, 2020 6:40am
Quoting larrychew
{quote} Well you sell here again at the pivot?
no more trades today.

I made very big money today.

No over trading
Intraday only.
  • #550,082
  • Sep 25, 2020 6:41am Sep 25, 2020 6:41am
Quoting judah11
the next wave down is going beyond 2695... enjoy the short lift care guys.. looks like its already over, I choose to stick with the big picture
i don't belive we will see a drop after this engulfing bullish candle
aspect at least daily high
Attached Image (click to enlarge)
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yes yes yes
  • #550,083
  • Sep 25, 2020 6:41am Sep 25, 2020 6:41am
A classical bear trap
  • #550,084
  • Sep 25, 2020 6:45am Sep 25, 2020 6:45am
It's been good for range trading and scalping. R @ 1.2775-1.28 remains a good short as long as it holds
Attached Image (click to enlarge)
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  • #550,085
  • Sep 25, 2020 6:45am Sep 25, 2020 6:45am
Quoting pipfarm
For wave fans A clear 3-3-3 internal structure of an abc corrective wave Should not be a problem to get down to around the 2500 level and possibly further And to top all the above, the current swing looks like wave 3 of wave 3 , that means we could even see the 2500 today, if not for sure by Monday {image}
...or
Attached Image (click to enlarge)
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Always trade your own plan...I don't provide trading signals.
  • #550,086
  • Sep 25, 2020 6:47am Sep 25, 2020 6:47am
Go up more GU =D
Set GOAL, REACH and REPEAT.
  • #550,087
  • Sep 25, 2020 6:51am Sep 25, 2020 6:51am
Pound is getting cramped between support and resistance
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 24 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 25 KB
Compulsions can be hard to resist
  • #550,088
  • Sep 25, 2020 7:02am Sep 25, 2020 7:02am
my trades of the day
Attached Image (click to enlarge)
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"Men Who Can Both Be Right & Sit Tight Are Uncommon" ~ Jesse Livermore
  • #550,089
  • Sep 25, 2020 7:05am Sep 25, 2020 7:05am
all candles close at the highest Quarter of their height
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 39 KB
yes yes yes
  • #550,090
  • Sep 25, 2020 7:15am Sep 25, 2020 7:15am
Sell Highs buy lows. Extra Bucks banked and the rally continues.
Attached Image (click to enlarge)
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Keep the Lights on then you can catch the rise from the dark.
  • #550,091
  • Sep 25, 2020 7:16am Sep 25, 2020 7:16am
Quoting ricmaj
Sell Highs buy lows. Extra Bucks banked and the rally continues. {image}
and you can't lose after the facts rofl
Make money by doing the opposite of Giveachance aka loser
  • #550,092
  • Sep 25, 2020 7:20am Sep 25, 2020 7:20am
morning ( index require a Big.Bang.punch down for good Friday ) bored
  • #550,093
  • Sep 25, 2020 7:22am Sep 25, 2020 7:22am
Quoting nessus94
{quote} and you can't lose after the facts rofl

You can say that if you are trading what you see, i dont really know about you though
Keep the Lights on then you can catch the rise from the dark.
  • #550,094
  • Sep 25, 2020 7:28am Sep 25, 2020 7:28am
Quoting Coreg2004
{quote} ...or {image}

Or


Where i put the wx should be wxy to make the double correction valid

Besides according to the rules i do not recall there being a double correction with wxy first , a double correction is always abc then wxy then abc , the wxy connects the two corrective waves together


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 36 KB
Follow The Markets Structure - Patience and Discipline
  • #550,095
  • Sep 25, 2020 7:44am Sep 25, 2020 7:44am
Fuck this shit cable
  • #550,096
  • Sep 25, 2020 7:45am Sep 25, 2020 7:45am
Quoting pipfarm
{quote} Or Where i put the wx should be wxy to make the double correction valid Besides according to the rules i do not recall there being a double correction with wxy first , a double correction is always abc then wxy then abc , the wxy connects the two corrective waves together {image}
pipfarm, you can label your waves any way you want I absolutely have no problem with it
Always trade your own plan...I don't provide trading signals.
  • #550,097
  • Sep 25, 2020 7:47am Sep 25, 2020 7:47am
Quoting Coreg2004
{quote} pipfarm, you can label your waves any way you want I absolutely have no problem with it

ditto

as you were so kind to give an alternate view
Follow The Markets Structure - Patience and Discipline
  • #550,098
  • Sep 25, 2020 7:56am Sep 25, 2020 7:56am
I have a feeling if the NY boys cant continue the buying pressure we're probably gonna visit londons low today.

Attached Image (click to enlarge)
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Heres my current position for the day
  • #550,099
  • Sep 25, 2020 8:08am Sep 25, 2020 8:08am
Still bearish on the high time frame until 2750 is broken
  • #550,100
  • Sep 25, 2020 8:09am Sep 25, 2020 8:09am
Try after 3pm (UK) time - lots of options will then have expired.
but lots of bearish equity traders around
Look ahead, Macro=Direction, Levels & Structure = Entry
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