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Cable Update (GBPUSD)

  • #660,241
  • May 23, 2022 9:08am May 23, 2022 9:08am
Quoting Ryd3n
Price is going for the H1 orderblock now?
Maybe, we must see some stop hunting before fast down

Edit, BOE Gov Bailey Speaks 5 min, can see some spikes
People don't plan to lose. They lose because they don't plan.
  • #660,242
  • May 23, 2022 9:13am May 23, 2022 9:13am
Easy money today
Attached Image (click to enlarge)
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yes yes yes
  • #660,243
  • May 23, 2022 9:23am May 23, 2022 9:23am
Small buy added. Tp 1.272
  • #660,244
  • May 23, 2022 9:30am May 23, 2022 9:30am
Quoting Georginson
{quote} Price is at crossroads (1.2570) as it can either shoot to 1.28 or plummet back to 1.21. a break down of 1.2400 will take price back to 1.21 area or even possible 1.1950, while failure to break down 1.2400 is a certain 1.2800. So 1.21 or 1.28 within 2 weeks... Watch zone is 1.2400.
That is, after passing 1.257, the price will not return to 1.24? In the 4 hour chart, I still did not see a valid low at 1.24-1.235. I expected the price to reach 1.25920 and then to 1.24, but your sentence made me think a little. Why does the price of a valid Low (1.235-1.24) in 4H & weekly go to 1.28 ? Of course, you mentioned that we also have the possibility of returning. But I do not understand why it goes to 1.28 now. Explain a little. thank you
There is nothing wrong with being kind & loving to each other
  • #660,245
  • May 23, 2022 9:31am May 23, 2022 9:31am
Suddenly the dx mf ignore significant support like at 92.355
And what about the gap
Useally he is racing to close them
But the crooky squeezers mf
yes yes yes
  • #660,246
  • Edited 10:06am May 23, 2022 9:49am | Edited 10:06am
Quoting Nd10
Small buy added. Tp 1.272
If the price crosses 1.26 with strength, I will add it to the (small)buy (I bought in the range of 1.2160-1.2180), but returning to 1.24 is still not out of my mind. I was planning to add a buy in the 1.24 range and I may be wrong
There is nothing wrong with being kind & loving to each other
  • #660,247
  • May 23, 2022 9:59am May 23, 2022 9:59am
Quoting Georginson
{quote} Price is at crossroads (1.2570) as it can either shoot to 1.28 or plummet back to 1.21. a break down of 1.2400 will take price back to 1.21 area or even possible 1.1950, while failure to break down 1.2400 is a certain 1.2800. So 1.21 or 1.28 within 2 weeks... Watch zone is 1.2400.
very good
  • #660,248
  • May 23, 2022 10:01am May 23, 2022 10:01am
Gold long should be excellent at the current price 1853.80

Target 1872

Price ought to bounce off today's VAP resistance level (1854.40)
  • #660,249
  • May 23, 2022 10:10am May 23, 2022 10:10am
Quoting Whale
{quote} what your oscillator telling? didnt get the drawing. but yes it's possible but very soon to trade such a trip. need to wait for GU to hit some supply above. {image}
Whale, why do you expect irregular B (A for irregular B supposed to be 2 wave move not 5) instead of zigzag (5-3-5)?
Always trade your own plan...I don't provide trading signals.
  • #660,250
  • May 23, 2022 10:17am May 23, 2022 10:17am
Quoting Coreg2004
{quote} Whale, why do you expect irregular B (A for irregular B supposed to be 2 wave move not 5) instead of zigzag (5-3-5)?
i didnt know about this rule sir,
the reason is that when im looking at PA on weekly i see the Big OB, 50% of it is 1.196X
plus if you will check the whole move down from 1.42X
it look like AB=CD1.618
and it exactly on the same number 1.196X.

so im not expect, only assume.
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  • #660,251
  • May 23, 2022 10:18am May 23, 2022 10:18am
Quoting Georginson
Be ready to play between 1.1950 to 1.3100 in the next 12 weeks. I will prefer to start buying Buy 1 @ 1.2355 target @ 1.2785 Buy 2 @1.2155 target @ 1.2660 Buy 3 @1.1970 target @ 1.2520 I will prefer to start selling Sell 1 @ 1.2855 target @ 1.2525 Sell 2 @ 1.2980 target @ 1.2660 Sell 3 @ 1.3100 target @ 1.2770 Classic Swing Approach!
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #660,252
  • May 23, 2022 10:23am May 23, 2022 10:23am
Quoting Moty
Friday's range was 40-50 pips today it will more then 100 for sure {image}
100.8 is more
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yes yes yes
  • #660,253
  • May 23, 2022 10:33am May 23, 2022 10:33am
Quoting Moty
{quote} 100.8 is more {image}
that type of drop be very welcome!
Insane in the Brain..
  • #660,254
  • May 23, 2022 10:35am May 23, 2022 10:35am
cable 1.27 tomorrow
  • #660,255
  • May 23, 2022 10:36am May 23, 2022 10:36am
Quoting Whale
{quote} i didnt know about this rule sir, the reason is that when im looking at PA on weekly i see the Big OB, 50% of it is 1.196X plus if you will check the whole move down from 1.42X it look like AB=CD1.618 and it exactly on the same number 1.196X. so im not expect, only assume. {image}
I use this sequence...
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Always trade your own plan...I don't provide trading signals.
  • #660,256
  • May 23, 2022 10:41am May 23, 2022 10:41am
Quoting Coreg2004
{quote} I use this sequence... {image}
im a learner, trying to combine supply and demand with market structure by Elliot waves.
So in this scenario i have composed a few strategies into one.
so i will keep follow the chart with lower time frames.
thanks for the input.
  • #660,257
  • May 23, 2022 10:42am May 23, 2022 10:42am
_______ 2day cadjap more easy to trade then cable 4sure
Don’t focus on making $$$, focus on protecting what you have.
  • #660,258
  • May 23, 2022 10:47am May 23, 2022 10:47am
Quoting PatienceFx
cable 1.27 tomorrow
I think 1.24
People don't plan to lose. They lose because they don't plan.
  • #660,259
  • May 23, 2022 10:48am May 23, 2022 10:48am
Quoting magentfx
{quote} Current {image}
up +27 pips but will wait for it hit the TP
Avoid what is Strong,Strike at what is Weak
  • #660,260
  • May 23, 2022 10:48am May 23, 2022 10:48am
Quoting PatienceFx
cable 1.27 tomorrow
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