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Cable Update (GBPUSD)

  • #624,801
  • Sep 21, 2021 10:20am Sep 21, 2021 10:20am
nice
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yes yes yes
  • #624,802
  • Sep 21, 2021 10:23am Sep 21, 2021 10:23am
Quoting bilal.cybrog
{quote} When are you planning to enter?

I have no plan right now because price run away and did not complete an abc correction on H1 from H4 correction with D1 , my thoughts are it is a lower timeframe correction, ie H1 with abc on 15 minute so no signal for me.
Follow The Markets Structure - Patience and Discipline
  • #624,803
  • Sep 21, 2021 10:25am Sep 21, 2021 10:25am
Quoting pipfarm
{quote} I have no plan right now because price run away and did not complete an abc correction on H1 from H4 correction with D1 , my thoughts are it is a lower timeframe correction, ie H1 with abc on 15 minute so no signal for me.

Of course the other option is that this is a double bottom and we may still make the c of abc on H1 for H4 correction with D1
Follow The Markets Structure - Patience and Discipline
  • #624,804
  • Sep 21, 2021 10:30am Sep 21, 2021 10:30am
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yes yes yes
  • #624,805
  • Sep 21, 2021 10:34am Sep 21, 2021 10:34am
Quoting Robinhood1
going long from around here {image}
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POSTMASTER
  • #624,806
  • Sep 21, 2021 10:35am Sep 21, 2021 10:35am
The pattern is usually the same

D1 irrespective of your swing being corrective or impulsive H4 will always show a single swing and H1 abc or abcde always the same, the skill is getting the entry back in the direction of H4 and D1 after the correction
Follow The Markets Structure - Patience and Discipline
  • #624,807
  • Sep 21, 2021 10:36am Sep 21, 2021 10:36am
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yes yes yes
  • #624,808
  • Sep 21, 2021 10:47am Sep 21, 2021 10:47am
Quoting mysterio
2xR loss trying to buy this dip unfortunately after a very good London sesh, lost cool a bit Planning and execution needs some work Buying YL for a recovery trade and expected W pattern, locking in quickly, target 1.37 Lots of stops being hit here {image} {image}
So assuming this is a W pattern

We should get recovery to 1.37 before another short to complete a retrace leg to one of the Fibonacci ratios, then long again to retest 1.3750- 1.38 maybe

Tomorrow should be good-- assuming this long from YL holds. Interesting we just scooped up 1k lots of stops then straight back up...

My bad for not holding short to my original targets, had it bang on 1.3690 but just scalped it, more fool me
  • #624,809
  • Sep 21, 2021 10:51am Sep 21, 2021 10:51am
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yes yes yes
  • #624,810
  • Sep 21, 2021 10:54am Sep 21, 2021 10:54am
Quoting Dethorn
Let's take out that low baiby, i dont want surprises today {image}
Out of GU now! It was a great bear ride. Becareful trading dollar. Tomorrow is FOMC

Holding AUDCAD short
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  • #624,811
  • Sep 21, 2021 10:58am Sep 21, 2021 10:58am
Quoting LvMMT
{quote} Last long added... {image} God bless everyone!
I think is coming to 1.374...

H4
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M15
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God bless everyone here and everywhere!
The only impartial feeling is love. It is also the only feeling of God.
  • #624,812
  • Sep 21, 2021 10:59am Sep 21, 2021 10:59am
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not euphoria follower
  • #624,813
  • Sep 21, 2021 11:03am Sep 21, 2021 11:03am
Possible Buy Setup - Waiting for the 4H to Close . Possibly from .36500
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Fools Rushing
  • #624,814
  • Sep 21, 2021 11:03am Sep 21, 2021 11:03am
I'm done today folks!

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God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #624,815
  • Sep 21, 2021 11:05am Sep 21, 2021 11:05am
Quoting jsf
{quote} Must be nice to be rich and clever.
unfortunately i am very poor and unable to trade with real money, so i keep learning on demo
  • #624,816
  • Sep 21, 2021 11:07am Sep 21, 2021 11:07am
Quoting LvMMT
I'm done today folks! {image} God bless everyone!
Mate this is impressive. How do you manage to trade so many instruments, your brain should be heated up :-)
  • #624,817
  • Sep 21, 2021 11:09am Sep 21, 2021 11:09am
cable may come down to 3303 sometime this quarter ; but has chance to pop to 3726 on FOMC rate action on Wednesday
Attached Image
  • #624,818
  • Sep 21, 2021 11:10am Sep 21, 2021 11:10am
why spread always increase during NY my broker 0.9 now 1.5
MY OPINION NOT FINANCIAL ADVISE
  • #624,819
  • Sep 21, 2021 11:12am Sep 21, 2021 11:12am
Quoting IBabyTrader
{quote} Mate this is impressive. How do you manage to trade so many instruments, your brain should be heated up :-)
try to save his image on your pc and see with which name it saves
  • #624,820
  • Sep 21, 2021 11:14am Sep 21, 2021 11:14am
long time no see

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