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Cable Update (GBPUSD)

  • #661,481
  • Jun 1, 2022 10:13am Jun 1, 2022 10:13am
Quoting Whale
4h bears we have only CHoCH for the down structure they will take it up again to create b of B
My eyes on 1.2575
but could be 1.247 first
  • #661,482
  • Jun 1, 2022 10:13am Jun 1, 2022 10:13am
Quoting Moty
{image}{image}{image}
Same plan
People don't plan to lose. They lose because they don't plan.
  • #661,483
  • Jun 1, 2022 10:16am Jun 1, 2022 10:16am
Simple set up

By keeping it simple one can see trade set up easily.

Patience is required.

As long as the structure remains, each set up is valid until structure is broken.

This Chart is Live trade on EU taken

Attached Image (click to enlarge)
Click to Enlarge Name: eu 017.jpg Size: 239 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #661,484
  • Jun 1, 2022 10:17am Jun 1, 2022 10:17am
Already above todays average adr.....may get a bounce.
  • #661,485
  • Jun 1, 2022 10:18am Jun 1, 2022 10:18am
Quoting Moty
{image}{image}{image}
what pivot points are you using on your chart???
  • #661,486
  • Jun 1, 2022 10:21am Jun 1, 2022 10:21am
Quoting Pat Chiko
Simple set up By keeping it simple one can see trade set up easily. Patience is required. As long as the structure remains, each set up is valid until structure is broken. This Chart is Live trade on EU taken {image}
yes, keep it simple!!!! That is why they were LEGENDARILY WEALTHY!!!
  • #661,487
  • Jun 1, 2022 10:24am Jun 1, 2022 10:24am
Quoting Pat Chiko
Simple set up By keeping it simple one can see trade set up easily. Patience is required. As long as the structure remains, each set up is valid until structure is broken. This Chart is Live trade on EU taken {image}
You rocks !
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 21 KB
"Exchange of hands"
  • #661,488
  • Jun 1, 2022 10:28am Jun 1, 2022 10:28am
Could be doing a J hook pattern on the 15 min chart
  • #661,489
  • Jun 1, 2022 10:30am Jun 1, 2022 10:30am
Quoting bilal1947
{quote} You rocks ! {image}

Thanks mate
  • #661,490
  • Jun 1, 2022 10:32am Jun 1, 2022 10:32am
Quoting Pat Chiko
{quote} GU Price at RSF, last line of defence for bull. Finding long set up at LTF. provided, H4 support don't break {image}
Hi Pat,
first of all thank you very much for the post and explanations,
tremendously inspiring ...
could you ask?
for example in this case, when says LTF...
to which approximate TF is it referring? M5, M15, M30..?

Thank you in any case
Newbie trader
  • #661,491
  • Jun 1, 2022 10:33am Jun 1, 2022 10:33am
Bearish J hook pattern confirmed on the 15 tf!!!!
  • #661,492
  • Jun 1, 2022 10:33am Jun 1, 2022 10:33am
Keep it simple
  • #661,493
  • Jun 1, 2022 10:36am Jun 1, 2022 10:36am
Quoting ScalaFX
{quote} Adding some, shorts to early closed, waiting for rebound
2475 added next 2465, not good for bulls
People don't plan to lose. They lose because they don't plan.
  • #661,494
  • Jun 1, 2022 10:37am Jun 1, 2022 10:37am
Quoting ScalaFX
{quote} 2475 added next 2465, not good for bulls
And here comes my 2475.
  • #661,495
  • Jun 1, 2022 10:37am Jun 1, 2022 10:37am
daily s3 pivot at 1.2415
  • #661,496
  • Jun 1, 2022 10:37am Jun 1, 2022 10:37am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 17 KB
yes yes yes
  • #661,497
  • Jun 1, 2022 10:39am Jun 1, 2022 10:39am
Quoting Moty
{image}
Hope can stop this
People don't plan to lose. They lose because they don't plan.
  • #661,498
  • Jun 1, 2022 10:39am Jun 1, 2022 10:39am
Quoting ninner
daily s3 pivot at 1.2415
daily s3 pivot at 1.2415
  • #661,499
  • Jun 1, 2022 10:39am Jun 1, 2022 10:39am
Scalp long 1.2468
18 pips stop
  • #661,500
  • Jun 1, 2022 10:40am Jun 1, 2022 10:40am
Shopped 2467. Reason: DS3 is 2462.

Edit: this is looking like a good breakout. I talked about a good dump in the early hours of today. Seems they are quite serious. Hehe
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Fishbones