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Cable Update (GBPUSD)

  • #643,121
  • Edited Dec 6, 2021 4:56am Dec 5, 2021 3:34pm | Edited Dec 6, 2021 4:56am
If you are tracking the GBPUSD this week, you may wish to note that generally the GBPUSD market is bearish. On the daily time frame, bearish price action has surged into the 1.32230/1.31040 daily demand zone (green) that was last tested on December 21, 2020. On Tuesday and Friday last week, price action printed long-tailed bearish candlesticks at the zone, this indicating some bullish pressure. Technically, we may see a corrective northward pullback to an area of value before a southward turnaround for further bearish drive.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
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Do your homework, follow the footprints of smart money
  • #643,122
  • Dec 5, 2021 4:13pm Dec 5, 2021 4:13pm
Quoting LvMMT
Kidney stones ... carrot juice + beets + cucumbers for gallbladder and liver, prostate kidneys and sex glands less beets at first ... a cup twice a day ... plus a cup of hot water with lemon juice ... see in 2 weeks what vitality you have ... you can't believe it ... starch and boiled cereals cause gallstones ... give up: ... coffee ... cola ... cigarettes ... alcohol ... beef ... pork or poultry ... only fish meat ... preferably white ... it is good and the red one but not to be oxidized ... if it is oxidized ... remove the oxidized part ... poultry,...
it is so valuable info.

but it is easy to say. and it is so hard to apply.
I am addicted to Pepsi. i have started to live healthier life almost a year ago. but still i was unable to stop craving for soda. i know it is killing me, but it is hard to cure an addictions.

  • #643,123
  • Dec 5, 2021 4:30pm Dec 5, 2021 4:30pm
Did anybody see the gap at the opening of GU. Please what are your takes regarding the gap and early closing of the gap
GREATEST WISDOM AND POSITIVE ENABLEMENT COMES FROM ALMIGHTY GOD
  • #643,124
  • Edited 6:57pm Dec 5, 2021 6:21pm | Edited 6:57pm
HI,
thanks to your explanations in these days....thanks chico.
i studied wykoff and this is my first trading using it. (in eurjpy,not gbp, sorry)
exit too early but i am going to sleep
p.s. entry anticipating momentum,this is wrong, i know
COMMENT ARE WELCOME, i am a neofita
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  • #643,125
  • Dec 5, 2021 6:37pm Dec 5, 2021 6:37pm
Inserted Video
not euphoria follower
  • #643,126
  • Dec 5, 2021 6:58pm Dec 5, 2021 6:58pm
GU

Asia Session

Scalping

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #643,127
  • Dec 5, 2021 7:04pm Dec 5, 2021 7:04pm
Quoting TrickorTrade
{quote} PAT still I am learning your terminologies. What is QM?

Was explained here.


QM set up with Live GBP/USD Chart

and here too,

QM with MPL set up
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #643,128
  • Dec 5, 2021 7:09pm Dec 5, 2021 7:09pm
Pat,
Can you comment My last post?
You will help My trading a lot.
Thanks
  • #643,129
  • Dec 5, 2021 7:45pm Dec 5, 2021 7:45pm
Quoting genadi
{quote}
sorry for asking it so late,
but why this zone is important?
and how did you get this zone?
what it represents?
Break of Market Structure

Drawing S&R

Structure with S&R and liquidity zone.


Here's the original chart - suggesting entry point. ( Aug 2021)
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Here's the completed chart with expected target. Target 1 &2)
Attached Image (click to enlarge)
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All the basis are on S&R.

Some of the the very basic trading method.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #643,130
  • Dec 5, 2021 7:48pm Dec 5, 2021 7:48pm
Quoting mauroby
Pat, Can you comment My last post? You will help My trading a lot. Thanks

I got no ideas on EUR JPY

Currently not trading that pair.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #643,131
  • Dec 5, 2021 7:55pm Dec 5, 2021 7:55pm
Quoting Pat Chiko
GU Asia Session Scalping {image}

GU

Add scalp

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #643,132
  • Dec 5, 2021 9:50pm Dec 5, 2021 9:50pm
Buy only day above 3214 today to me
Intraday only.
  • #643,133
  • Dec 5, 2021 10:07pm Dec 5, 2021 10:07pm
Bought on 1.32298
target 1.32600 - 1.32900
SL 20pips
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  • #643,134
  • Dec 5, 2021 10:07pm Dec 5, 2021 10:07pm
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yes yes yes
  • #643,135
  • Dec 5, 2021 10:16pm Dec 5, 2021 10:16pm
long aussie
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yes yes yes
  • #643,136
  • Dec 5, 2021 10:35pm Dec 5, 2021 10:35pm
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  • #643,137
  • Dec 5, 2021 10:40pm Dec 5, 2021 10:40pm
Quoting CTU
{image}
Many can see the wedge formation. Predicting the direction at its conclusion is the issue.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
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  • #643,138
  • Dec 5, 2021 11:11pm Dec 5, 2021 11:11pm
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Things look rather bearish up ahead on the D1 chart with Ichimoku. I'm still not sure what levels to look at with my current skill level, but I am eyeing 1.328xx as a broad zone of resistance. I think this wedge will last a bit longer before we see any major movements, at least until the volatile opening sessions. I'm hoping for any retracement signal towards Kijun-sen. Just my newbie 2 cents

EDIT: Also happy first day of the week, folks! Let's have a good one
Trying my best.
  • #643,139
  • Edited 12:29am Dec 6, 2021 12:06am | Edited 12:29am
If we dont get over R = short to S
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Trendlines H1,H4, SMC
  • #643,140
  • Dec 6, 2021 12:25am Dec 6, 2021 12:25am
good target boE, 3295x
good luck all
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