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Cable Update (GBPUSD)

  • #625,841
  • Sep 24, 2021 7:23am Sep 24, 2021 7:23am
Quoting LvMMT
{quote} For interested only: • Wave 2 can never exceed the beginning of Wave 1 • Wave 3 can never be the shortest pulse wave • Wave 4 can never overlap Wave 1 (ie crosses in the same price range) except inside a diagonal triangle. God bless you Mr.Burger and God bless everyone!
This is a very nice table for the rules and the structure and scenarios.

http://www.tradingfives.com/articles...wave-guide.htm

for those who want to learn.
also a lot info on the net.
  • #625,842
  • Sep 24, 2021 7:27am Sep 24, 2021 7:27am
Quoting gatenio
{quote} This is a very nice table for the rules and the structure and scenarios. http://www.tradingfives.com/articles...wave-guide.htm for those who want to learn. also a lot info on the net.
I didn't know this site...

Thank you gatenio and God bless you!

God bless everybody!

Short added...
The only impartial feeling is love. It is also the only feeling of God.
  • #625,843
  • Sep 24, 2021 7:35am Sep 24, 2021 7:35am
Looks like bears are in control for the rest of the day. Is anybody buying?
  • #625,844
  • Sep 24, 2021 7:36am Sep 24, 2021 7:36am
H1 perspective from H4 posted earlier, hence i hesitated to short at Fomc


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Follow The Markets Structure - Patience and Discipline
  • #625,845
  • Sep 24, 2021 7:40am Sep 24, 2021 7:40am
Quoting Jwh1435
Looks like bears are in control for the rest of the day. Is anybody buying?
i am
  • #625,846
  • Sep 24, 2021 7:42am Sep 24, 2021 7:42am
Quoting Jwh1435
Looks like bears are in control for the rest of the day. Is anybody buying?

I am considering buying at the low 3602 depending on pa
Follow The Markets Structure - Patience and Discipline
  • #625,847
  • Sep 24, 2021 7:46am Sep 24, 2021 7:46am
Quoting pipfarm
{quote} I am considering buying at the low 3602 depending on pa

I can see a lot of usd front pairs setting up for shorts , looks like they are finishing a correction to the upside while cable and eurusd finish their swings to the downside
Follow The Markets Structure - Patience and Discipline
  • #625,848
  • Sep 24, 2021 7:47am Sep 24, 2021 7:47am
Stopped out at BE, I will be unhappy if it goes up now :-(
  • #625,849
  • Sep 24, 2021 7:51am Sep 24, 2021 7:51am
Quoting IBabyTrader
Stopped out at BE, I will be unhappy if it goes up now :-(

when you're undecided or you don't know what to do ... protect your earnings...

God bless you IBabyTrader!

God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #625,850
  • Sep 24, 2021 8:01am Sep 24, 2021 8:01am
Inside bar day i think
  • #625,851
  • Sep 24, 2021 8:08am Sep 24, 2021 8:08am
Quoting Ihlas
Buy 1.3684 Target 1.37800
Close
  • #625,852
  • Sep 24, 2021 8:09am Sep 24, 2021 8:09am
Quoting Ihlas
{quote} Close
what happened?
  • #625,853
  • Sep 24, 2021 8:12am Sep 24, 2021 8:12am
Quoting Ihlas
{quote} Close
please share what happens?
  • #625,854
  • Sep 24, 2021 8:13am Sep 24, 2021 8:13am
Well Mr J Powell didn't talk about the money policy so DXY should not exceed 93.5~
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Try the simple and make it for you ~
  • #625,855
  • Edited 8:39am Sep 24, 2021 8:18am | Edited 8:39am
Quoting gatenio
{quote} what happened?
IMHO EURGBP likely hit 0.86100. That's the reason. And it won't happen at this late. If today it EG doesn't reach there, GU most probably at 137800 on Monday
  • #625,856
  • Sep 24, 2021 8:22am Sep 24, 2021 8:22am
Sell started. Week will close with a bearish candle IMO.
Fools Rushing
  • #625,857
  • Sep 24, 2021 8:35am Sep 24, 2021 8:35am
Quoting MTF Test
Sell started. Week will close with a bearish candle IMO.
do we even know what will happen next?

on 20th august friday we ended the week strongly bearish
next monday we end the week with buyers
MY OPINION NOT FINANCIAL ADVISE
  • #625,858
  • Sep 24, 2021 8:39am Sep 24, 2021 8:39am
Quoting donfriday
{quote} do we even know what will happen next? on 20th august friday we ended the week strongly bearish next monday we end the week with buyers
Thats the beauty of forex. Uncertainty.

However we have enough price data to come to an analytical judgment where it might be heading. Today been the end of the week, weekly judgment would be ideal considering the daily behavior.

Have nice weekend my friend. !

Green pips to all.
Fools Rushing
  • #625,859
  • Sep 24, 2021 8:47am Sep 24, 2021 8:47am
Quoting Pat Chiko
{quote} GU Add scalping position Whipsaw movement. Hope the pull back is not very deep. {image}
GU

Update scalping position.

All under water.
Stop set @ 1.5XATR (Algo)

Win some, Lose some.
That is what I called Awesome.
Sometime it get Threesome.


Quoting Jwh1435
Looks like bears are in control for the rest of the day. Is anybody buying?
Hi Jwh1435 - I went long with few small position. Are you in short position ?. Is there any particular reason why you asked ?
Thank You.


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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #625,860
  • Sep 24, 2021 8:49am Sep 24, 2021 8:49am
Quoting Ihlas
{quote} IMHO EURGBP likely hit 0.86100. That's the reason. And it won't happen at this late. If today it EG doesn't reach there, GU most probably at 137800 on Monday
I want it to grow too ...

Attached Image (click to enlarge)
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God bless you Ihlas!

God bless everybody!
The only impartial feeling is love. It is also the only feeling of God.
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