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Cable Update (GBPUSD)

  • #584,181
  • Mar 16, 2021 10:36am Mar 16, 2021 10:36am
Quoting Sang.Real
{quote} Don't feel bad. I trust you The way you draw your chart and precise entry make me believe you One day I can graduate from this Newbie status and become like you "Professional Trader" Take care Bro.
bro you hit b/e yet?
Insane in the Brain..
  • #584,182
  • Mar 16, 2021 10:38am Mar 16, 2021 10:38am
goldi again at buying point
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 32 KB
yes yes yes
  • #584,183
  • Mar 16, 2021 10:38am Mar 16, 2021 10:38am
Cable must be be broken today, missed round numbers from bottom and from the top:

Attached Image (click to enlarge)
Click to Enlarge Name: 821e5abc54e4c95e42ca121c0655d90a.png Size: 146 KB

Call the cable guys.
  • #584,184
  • Mar 16, 2021 10:41am Mar 16, 2021 10:41am
Quoting mysterio
{quote} My euro TP hit too, unfortunately no real money, or at least not the whole thing https://uk.tradingview.com/chart/EUR...Intraday-Idea/ Going long on that pair makes no sense to me at the moment I actually switched over to GU because there's more action but it's boring me to tears today
eurusd is a continuation short , should drop substantially further and i am hoping we see it down near 1784, why you may ask well daily/weekly are actually corrective but this current daily swing down is Wave C of the larger weekly abc.

GU is good for small tfs and im more interested in complete structures top down corrective/impulsive

With gu H1 is corrective against the daily so there should an abc up on H1 to short but can not see it at the moment
Follow The Markets Structure - Patience and Discipline
  • #584,185
  • Mar 16, 2021 10:43am Mar 16, 2021 10:43am
Quoting Moty
goldi again at buying point {image}
do you remember about WPP(?) don't you
trade safe
dolce vita
  • #584,186
  • Mar 16, 2021 10:47am Mar 16, 2021 10:47am
Quoting pipfarm
{quote} eurusd is a continuation short , should drop substantially further and i am hoping we see it down near 1784, why you may ask well daily/weekly are actually corrective but this current daily swing down is Wave C of the larger weekly abc. GU is good for small tfs and im more interested in complete structures top down corrective/impulsive With gu H1 is corrective against the daily so there should an abc up on H1 to short but can not see it at the moment

Very good call. I see it. IMHO it won't drop as much. But just entered that positions. GU has laid all cards down and the direction is only up. (Maybe I am wrong, because everyday is a new day, can change everything). I made EU correlation analysis. And it is flowing together with GU now. Now it's the important moment for GU and EU. But I am inclined to spike up. You will see on my chart. Sorry for different colors. Trade safe. Wish a basket of pips everyday.
Closed all positions with good profits.
  • #584,187
  • Mar 16, 2021 10:56am Mar 16, 2021 10:56am
break up in the making
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 35 KB
yes yes yes
  • #584,188
  • Edited 11:09am Mar 16, 2021 10:59am | Edited 11:09am
Added 5 lots long On GOLD too
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 73 KB
Click to Enlarge Name: XAUUSDH1.png Size: 60 KB
  • #584,189
  • Mar 16, 2021 11:01am Mar 16, 2021 11:01am
Quoting Ihlas
Added 5 lots long On GOLD too
how much % of acc are you risking on this trade?
  • #584,190
  • Mar 16, 2021 11:01am Mar 16, 2021 11:01am
Quoting pipfarm
{quote} eurusd is a continuation short , should drop substantially further and i am hoping we see it down near 1784, why you may ask well daily/weekly are actually corrective but this current daily swing down is Wave C of the larger weekly abc. GU is good for small tfs and im more interested in complete structures top down corrective/impulsive With gu H1 is corrective against the daily so there should an abc up on H1 to short but can not see it at the moment

Looks like we are making the C swing up on 15M to H1 correction.
Follow The Markets Structure - Patience and Discipline
  • #584,191
  • Mar 16, 2021 11:03am Mar 16, 2021 11:03am
another try? (down I mean)
dolce vita
  • #584,192
  • Mar 16, 2021 11:04am Mar 16, 2021 11:04am
Can you share your GU and EU correlation analysis?

As far as I see it you only need to look at EURGBP chart to understand the correlation.

Quoting Ihlas
{quote} Very good call. I see it. IMHO it won't drop as much. But just entered that positions. GU has laid all cards down and the direction is only up. (Maybe I am wrong, because everyday is a new day, can change everything). I made EU correlation analysis. And it is flowing together with GU now. Now it's the important moment for GU and EU. But I am inclined to spike up. You will see on my chart. Sorry for different colors. Trade safe. Wish a basket of pips everyday. Closed all positions with good profits.
  • #584,193
  • Mar 16, 2021 11:06am Mar 16, 2021 11:06am
Quoting Ilvez
Cable must be be broken today, missed round numbers from bottom and from the top: {image} Call the cable guys.
Very good observation Ilvez. Something brewing.
Cheers
Trade to trade another day
  • #584,194
  • Mar 16, 2021 11:07am Mar 16, 2021 11:07am
Quoting genadi
{quote} how much % of acc are you risking on this trade?

25 percent or more.
Trying to break even as soon as possible. Will add positions from the profit on the way.
  • #584,195
  • Mar 16, 2021 11:09am Mar 16, 2021 11:09am
Quoting Ihlas
{quote} 25 percent or more. Trying to break even as soon as possible. Will add positions from the profit on the way.
oh man.. hope you will get lucky

  • #584,196
  • Mar 16, 2021 11:13am Mar 16, 2021 11:13am
Quoting Ilvez
Can you share your GU and EU correlation analysis? As far as I see it you only need to look at EURGBP chart to understand the correlation. {quote}

It's about when correlates and how correlates. I just look with one eye. It is not complicated thing. Their movement difference.
EU=GU
  • #584,197
  • Mar 16, 2021 11:15am Mar 16, 2021 11:15am
Quoting Wavegarrick
{quote} Very good observation Ilvez. Something brewing. Cheers
Wavegarrick, maybe a dream of day traders?...100 pips down, 100 pips up...
Attached Image (click to enlarge)
Click to Enlarge Name: GU 03.16.30M.c.png Size: 132 KB
Always trade your own plan...I don't provide trading signals.
  • #584,198
  • Mar 16, 2021 11:16am Mar 16, 2021 11:16am
Quoting genadi
{quote} oh man.. hope you will get lucky

BE already on the place. Thank you.
  • #584,199
  • Mar 16, 2021 11:16am Mar 16, 2021 11:16am
You are joking, right?

Quoting Ihlas
{quote} It's about when correlates and how correlates. I just look with one eye. It is not complicated thing. Their movement difference. EU=GU
  • #584,200
  • Mar 16, 2021 11:20am Mar 16, 2021 11:20am
Attached Image (click to enlarge)
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