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Cable Update (GBPUSD)

  • #661,681
  • Jun 2, 2022 8:04am Jun 2, 2022 8:04am
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yes yes yes
  • #661,682
  • Jun 2, 2022 8:09am Jun 2, 2022 8:09am
Quoting DmShka
{quote} Set tp 1.25118
Move tp to 1.25247(Daily pivot), covered by sl, a little bit closed, something add
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  • #661,683
  • Jun 2, 2022 8:12am Jun 2, 2022 8:12am
Study this chart! This strategy is prolific.
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My telegram: https://t.me/avidforex
  • #661,684
  • Jun 2, 2022 8:13am Jun 2, 2022 8:13am
Possible
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  • #661,685
  • Jun 2, 2022 8:13am Jun 2, 2022 8:13am
Quoting JereMi256
Swing BUY open @1.2461
+Stop @1.2466
Face 'ur fears & tame 'ur greed
  • #661,686
  • Jun 2, 2022 8:14am Jun 2, 2022 8:14am
Quoting BigNumbers
Study this chart! This strategy is prolific. {image}
Already posted yesterday
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  • #661,687
  • Jun 2, 2022 8:17am Jun 2, 2022 8:17am
Quoting BigNumbers
Study this chart! This strategy is prolific. {image}
Acronyms are becoming too much theee days. Sometimes it makes charts look dope and like some celebrity thing. Lol... What's CHoCH and bos if I may ask?
  • #661,688
  • Jun 2, 2022 8:18am Jun 2, 2022 8:18am
Quoting Mitiblotch
{quote} Acronyms are becoming too much theee days. Sometimes it makes charts look dope and like some celebrity thing. Lol... What's CHoCH and bos if I may ask?
Change of character
break of structure
  • #661,689
  • Jun 2, 2022 8:20am Jun 2, 2022 8:20am
Quoting Whale
{quote} Change of character break of structure
Thank you.
  • #661,690
  • Jun 2, 2022 8:21am Jun 2, 2022 8:21am
Not a very happy day though I made reasonable profits.

Many times the stops got hit.

Just managed this profit.

That is all for today guys.
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Intraday only.
  • #661,691
  • Jun 2, 2022 8:25am Jun 2, 2022 8:25am
Quoting Mitiblotch
{quote} Acronyms are becoming too much theee days. Sometimes it makes charts look dope and like some celebrity thing. Lol... What's CHoCH and bos if I may ask?
I know this wasn't aimed at me but you are absolutely right, hard to keep up with various traders' acronyms/abbreviations sometimes - wish we all spoke 'the same language' in this respect. Here are my abbreviations/acronyms:

Referring to support or resistance;
Sbr = support becomes resistance
Rbs = resistance becomes support
Supp = support
Res = resistance
Pot = potential
Prev = previous

Referring to 3 candle fractals;
Sw = swing
Lo = low
Hi = high
H = fractal swing hi
L = fractal swing lo
LL = fractal swing lower lo
HH = fractal swing higher hi
LH = fractal swing lower hi
HL = fractal swing higher lo

Referring to trend lines;
T/line = trend line
Asc = ascending/rising
Desc = descending/falling

Referring to pip ranges;
Adr = average daily range
Awr = average weekly range
Amr = average monthly range

Other;
Dly = daily
Wkly = weekly
Mthly = monthly
G/M = good morning
G/A = good afternoon
G/L = good luck

Osc (s) = oscillator (s)
Div = oscillator divergence from price
o/b = overbought oscillator reading
o/s = oversold oscillator reading
p/back = pullback/retrace
b/o = breakout
ppa = potential problem area
ext = extension
Trader with an Edge.
  • #661,692
  • Jun 2, 2022 8:26am Jun 2, 2022 8:26am
Quoting Headland
{quote} I know this wasn't aimed at me but you are absolutely right, hard to keep up with various traders' acronyms/abbreviations sometimes - wish we all spoke 'the same language' in this respect. Here are my abbreviations/acronyms: Referring to support or resistance; Sbr = support becomes resistance Rbs = resistance becomes support Supp = support Res = resistance Pot = potential Prev = previous Referring to 3 candle fractals; Sw = swing Lo = low Hi = high H = fractal swing hi L = fractal swing lo LL = fractal swing lower lo HH = fractal swing higher...

Beautiful. Took a screenshot.
  • #661,693
  • Jun 2, 2022 8:29am Jun 2, 2022 8:29am
Quoting navk
Not a very happy day though I made reasonable profits. Many times the stops got hit. Just managed this profit. That is all for today guys. {image} {image}
Profit is profit. Be happy because at least you made some money. Sometime this month I will go for E8 funding. I easily pass their free trials (FTMO and some others). I want to do the paid one this time. I'll go for E8 25k account.
  • #661,694
  • Jun 2, 2022 8:32am Jun 2, 2022 8:32am
Quoting Mitiblotch
{quote} Profit is profit. Be happy because at least you made some money. Sometime this month I will go for E8 funding. I easily pass their free trials (FTMO and some others). I want to do the paid one this time. I'll go for E8 25k account.
Why you need it? Think this is worthless.
i already have partnership, the state tax.
will not share profit with others.
  • #661,695
  • Jun 2, 2022 8:50am Jun 2, 2022 8:50am
Quoting Wavegarrick
{quote} Hi Guys, Unfortunately the scale is tilting to the downside, having said we have only retraced 38.2% of the May swing low to high at 1.24704 and they could drop it even further to the 50% Fib retrace at 1.24100 before taking it up. We just never know and I don't have all the answers. I got in with a sell trade on the drop and now in with a buy trade for a test of my daily pivot at 1.25186 where I could look to add sell trades. A break above my weekly pivot at 1.25873 should put bulls back into contention. Trade Safe, Cheers {image}
I am getting sell confirmation from a 4 hr perspective. Sell trade opened.
Cheers.
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Trade to trade another day
  • #661,696
  • Jun 2, 2022 8:54am Jun 2, 2022 8:54am
Quoting JereMi256
{quote} +Stop @1.2466
Manually closed @1.2541
+79pips

Reasons;
-I had to cover some losses on other trades to reach my daily target.
-PA was turning bearish after failing to break my key level 1.2569
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Face 'ur fears & tame 'ur greed
  • #661,697
  • Jun 2, 2022 8:56am Jun 2, 2022 8:56am
...beginnings of some 15min bullish hidden div but like the 1hr bearish hidden div above re 4hr chart conditions, not much of a 1hr uptrend to enter after the pullback...signal could stay valid on a deeper drop and no PA confirm yet on that t/f so could stay be valid whilst still above 2468. Will see what happens.
Trader with an Edge.
  • #661,698
  • Jun 2, 2022 9:07am Jun 2, 2022 9:07am
Quoting Whale
{quote} Why you need it? Think this is worthless. i already have partnership, the state tax. will not share profit with others.
I trade extremely small accounts these days. And many times I make 3 withdrawals per week, wiping out my profit. And I need money. Lol

Example: last 3 weeks or so, I put in £36 and withdrew £5, and another £5 and then money got to £74 and then I had to withdraw everything for unforseen expenses. Yes, I am making the profit but it gets tiring having to take out everything and start again.
  • #661,699
  • Jun 2, 2022 9:10am Jun 2, 2022 9:10am
Done for today.
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Intraday Trading is an Art _ hoda
  • #661,700
  • Jun 2, 2022 9:11am Jun 2, 2022 9:11am
Quoting Wavegarrick
{quote} I am getting sell confirmation from a 4 hr perspective. Sell trade opened. Cheers. {image}
Selling there mate, suggests you believe that today's current hi may well become a 4hr swing point,? It is already is a 1hr swing point, but also that you are thinking that the recent 2198-2666 rally overall was a pullback in the wkly/mthly downtrend? I say this because I don't think it is clear from 1hr or 4hr what the probability is of the next near-term direction. (Not to me at any rate.)
-----------------------------------------------------
PS: dropped down to 1min for the bullish reg div play/entry with 3min o/s, to the 15min bullish hidden div @ that prev 1hr sw lo zone = prev supp = pot supp, (hollow on chart below as previously disrespected.) Today is still bullish intraday afterall.

1hr below
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Trader with an Edge.
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