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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting Luke97
{quote} Your charts are good but we're here to make money not complete. Whoever chooses to follow who is nobody's business!

I understand Luke, just making my point after the abusive posts regarding my trading ability but thanks for you comment
Follow The Markets Structure - Patience and Discipline
Quoting pipfarm
{quote} I understand Luke, just making my point after the abusive posts regarding my trading ability but thanks for you comment
Let this matter rest Pipfarm. I guess you both have made your points. Get into the weekend with joy. Take care
Quoting OnlineAddict
3850 easy peasy...
3850 wasn't easy peasy, but a nice ride from 3620 nonetheless.

I am bearish on GU now, but only short-term, lets see how deep it goes until market close. I think we will see 3760 in september.
Everyone can see the chart, but only a few can actually read it.
gold reached 1833 area , short the mf
Attached Image (click to enlarge)
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Once resistance is reached and tested, the price should retest the 1.3850 zone
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Quoting OnlineAddict
{quote} 3850 wasn't easy peasy, but a nice ride from 3620 nonetheless. I am bearish on GU now, but only short-term, lets see how deep it goes until market close. I think we will see 3760 in september.
Oh dear.. I was hoping you'd stick with the Lee family till 1.40 area? Oh well
Quoting JayBag
{quote} Oh dear.. I was hoping you'd stick with the Lee family till 1.40 area? Oh well
Still bullish(medium term), but need to find new places to buy...my target is even beyond 1.40...maybe 1.42+, but right now bulls need to take a rest. No idea how long...might be only rest of today, might be some of next week...but definitely not a good place to buy today's top.
Everyone can see the chart, but only a few can actually read it.
Quoting OnlineAddict
{quote} Still bullish, but need to find new places to buy...my target is even beyond 1.40...maybe 1.42+, but right now bulls need to take a rest. No idea how long...might be only rest of today, might be some of next week...but definitely not a good place to buy today's top.
Fair enough assessment OA
I am just leaning on momentum and hoping the price close anywhere above 1.39 today
Quoting stevepatt
{quote} GBP/USD 2x Long Trades Result 1st Entry 1.37750 Exit 1.38500 +75 Pips 2nd Entry 1.37880 Exit 1.38500 +62 Pips {image} {image}

GBP/USD H1 Observations
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Quoting Moty
gold reached 1833 area , short the mf {image}
Yes, amazing. TP hit.
End of scalping today, a swing sell has now been placed at 1.3870 instead of the awaited 1.3880 as price keeps struggling to attack there... I still see a big drop to 1.3300 this Month as far as 1.3980 doesn't break. I wait and see.
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Swing and Intraday
Quoting JRissa
{quote} That's the case sometimes, but it can also be completely opposite. Many times non farm also gives the price speed to the directional it's heading. For example 7th of May and 2nd of April. I once was always looking for these theories where the price was driven before the news (for years with TraderAtHome in Sonic R thread), but later I have just been thinking the news to be more of a accelerator for price to reach the next logical target, than to cause price to reverse or give new direction.
Attached Image

It seems, that the non farm today caused "two bladed sword" (My old saying of price action, where price spikes up and down over and under current range) to kill first short trades hitting sl's and then kill long trades by hitting sl's. That's a lot of liquidity to table and now it seems like the price will still continue following 4h map plan.
Attached Image (click to enlarge)
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Time will tell, if the map I created yesterday for daily chart, will follow the plan
I know the secret...
You can call it a day, no-one will enter new trades this time on a Friday. Last bout upwards finished a nice 5 waves up on H4.
Quoting Moty
gold reached 1833 area , short the mf {image}
Moty, I always wonderwhat is your meaning for MF?
Is it rude?
Quoting Georginson
End of scalping today, a swing sell has now been placed at 1.3870 instead of the awaited 1.3880 as price keeps struggling to attack there... I still see a big drop to 1.3300 this Month as far as 1.3980 doesn't break. I wait and see. {image}
1.3880 is my TP
Quoting Waveskierrob
Love it when people say " I don't want to add fuel to the situation" by adding fuel to the situation ...brilliant
Lmao
Patience.....
Quoting Jolita
{quote} Moty, I always wonderwhat is your meaning for MF? Is it rude?
money flow...
Always trade your own plan...I don't provide trading signals.
Today. Good weekend!
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Quoting Coreg2004
{quote} money flow...
Money fund
Money flow
...
Quoting Coreg2004
{quote} money flow...
Coreg, u are the best

dolce vita
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