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Cable Update (GBPUSD)

  • #575,201
  • Jan 29, 2021 10:08am Jan 29, 2021 10:08am
Quoting Myismael
{quote} is the short setup still valid ?

yes, of course

everywhere you could earn
depends only how much
dolce vita
  • #575,202
  • Jan 29, 2021 10:10am Jan 29, 2021 10:10am
Bearish Henry is knocking the door.
  • #575,203
  • Jan 29, 2021 10:12am Jan 29, 2021 10:12am
that up H1 hour ended up with high volume but lack of bulls....? WOW.
this is crazy for swingers, and scalper paradise.
If you don't know how to earn money, don't loose it.
  • #575,204
  • Jan 29, 2021 10:17am Jan 29, 2021 10:17am
Quoting coolmakina
that up H1 hour ended up with high volume but lack of bulls....? WOW. this is crazy for swingers, and scalper paradise.
Party was made for bulls, but bears are enjoying the party.
  • #575,205
  • Jan 29, 2021 10:18am Jan 29, 2021 10:18am
Quoting parshal
guys..its getting crazy

it is moving
enjoy it
dolce vita
  • #575,206
  • Jan 29, 2021 10:22am Jan 29, 2021 10:22am
Quoting babayaga
{quote} it is moving enjoy it
what's moving on friday? aha
My observation may be wrong but intent correct. Stay calm!
  • #575,207
  • Jan 29, 2021 10:41am Jan 29, 2021 10:41am
long 1.3721 target 1.3751
Don't trade what you think. Just what you see!!!
  • #575,208
  • Jan 29, 2021 10:41am Jan 29, 2021 10:41am
Day trading ended in red yesterday.
Now struggling to recover the losses...
What a spaghetti trading!
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Maadik Hugiis. IQ 69.
  • #575,209
  • Jan 29, 2021 10:41am Jan 29, 2021 10:41am
Quoting MTF Test
It's bit crazy today. I haven't seen this kind of volatility around all the pairs. I think, best is to step back and relax. Have a great weekend people !.
Yep, got my 10 pips and out. Have a great weekend all.
Prices are never too high to begin buying or too low to begin selling.
  • #575,210
  • Jan 29, 2021 10:48am Jan 29, 2021 10:48am
Quoting Coreg2004
{quote} Tim_isoara, here is the structure of the ending diagonal wave which appears in W_5 or W_C {image} {image}
Yes, but...we don't have a ending diagonal on GU
  • #575,211
  • Jan 29, 2021 10:55am Jan 29, 2021 10:55am
Quoting Coreg2004
{quote} babayaga, thanks...I quit marking the tops on TF's higher than 30M because I had too many of them......I will call the top for my own purpose when GU reaches at least 1.3772 before deeper correction...I can be wrong...
thank you..,
let me know, please when she is ready for 1.3772 (I'll buy)

with my simple analysis:

if up, I expecting 1.3783 (85) at least.., but not today, today all around PP ( like a dying swan), (could be wrong),
if down 1.3450 (Tenkan-sen is calling on Weekly) + my Wolfe Wave (4H) is pointing even lower (1.3250-th)

...she is in this range for 7 days already, any movement has to be significant ( or to 1,4200 or to 1.3200 ) boom!
what do you think ( from your experience, not from your chart)

thank you
dolce vita
  • #575,212
  • Jan 29, 2021 10:58am Jan 29, 2021 10:58am
Quoting Coreg2004
{quote} Tim_isoara, here is the structure of the ending diagonal wave which appears in W_5 or W_C {image} {image}
If this is the case the break of the triangole would project the pair to 1.32 area? I ve used first yellow line on the left ( point A to B) for target price. That would coincide with the old trendline too.

Without forgetting bearish divergence in daily and weekly.
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Twitter: Rummer_grapes
  • #575,213
  • Jan 29, 2021 11:09am Jan 29, 2021 11:09am
So this is how the market makers are shaking confused apples from the trees, GU PA on 30M TF:

Attached Image (click to enlarge)
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Hope you had a good trading week and back on next one.

Looking forward to upward wedge breaking down finally.

Cheers,
I
  • #575,214
  • Jan 29, 2021 11:17am Jan 29, 2021 11:17am
Quoting palpite
buy - 1.3684 stop loss - 1.3650
closed - 1.3725
Together we can be strongest
Vantage Return This Month: na
  • #575,215
  • Jan 29, 2021 11:19am Jan 29, 2021 11:19am
Quoting Tim_isoara
{quote} Yes, but...we don't have a ending diagonal on GU
Tim_isoara, I trade what I see...if it's not the ending diagonal by your standard so be it. I have never had any problem with different labeling in EW.
Always trade your own plan...I don't provide trading signals.
  • #575,216
  • Jan 29, 2021 11:22am Jan 29, 2021 11:22am
sell - 1.3720
Together we can be strongest
Vantage Return This Month: na
  • #575,217
  • Jan 29, 2021 11:44am Jan 29, 2021 11:44am
im out of longs -9 and done for the day, good luck all
Follow The Markets Structure - Patience and Discipline
  • #575,218
  • Jan 29, 2021 11:46am Jan 29, 2021 11:46am
Quoting palpite
sell - 1.3720
pretty nice ND on M5 there....
If you don't know how to earn money, don't loose it.
  • #575,219
  • Jan 29, 2021 11:53am Jan 29, 2021 11:53am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Quoting palpite
sell - 1.3720
Nice shot 🤑
Studing..............
  • #575,220
  • Jan 29, 2021 12:04pm Jan 29, 2021 12:04pm
Quoting gatenio
{quote} im out 1855, this was pure luck, almost 19 points less then 30m still didnt cover yesterday loss.. bacco? should i join them buy?
you see?
an unspoken rule
a spike is like a gap, needs to be filled

1854.10 is broken
direction for now?
I do not know, you trading this.

have a nice weekend
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dolce vita
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