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Cable Update (GBPUSD)

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  •  
  • Post #706,921
  • Quote
  • Nov 14, 2022 4:10am Nov 14, 2022 4:10am
  •  Yngwie
  • Joined Aug 2008 | Status: Member | 2,076 Posts
Quoting Yngwie
Disliked
Testing Short 1.1825 SL 1.1860
Ignored
Closed 39 pips
naked trader ~ GBPUSD only!
 
5
  • Post #706,922
  • Quote
  • Nov 14, 2022 4:12am Nov 14, 2022 4:12am
  •  RCtrader
  • Joined Aug 2018 | Status: Honourable Member | 1,805 Posts
Quoting PatienceFx
Disliked
{quote} its natural {image}
Ignored
Hey! I love that image! Where did you find it?
Risk Management is of utmost importance!
 
 
  • Post #706,923
  • Quote
  • Nov 14, 2022 4:12am Nov 14, 2022 4:12am
  •  JayBag
  • Joined May 2016 | Status: Clueless | 6,418 Posts
Quoting Georginson
Disliked
{quote} Hey Jay, perhaps I'm the one that did the Dummy projection during the weekend
Ignored
Hi bro,

Your projections attend Havard and many here will agree.
To be frank, I am not sure who posted the chart, the user had a weekly chart with a 'dummy' candle bar projection.

I legit see the week ending just as he/she predicted or close.
Anyway, it feels good to see how strong you are holding the thread bro, thank you for your work here.
 
4
  • Post #706,924
  • Quote
  • Nov 14, 2022 4:16am Nov 14, 2022 4:16am
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 3,327 Posts
Quoting JayBag
Disliked
{quote} Hi bro, Your projections attend Havard and many here will agree. To be frank, I am not sure who posted the chart, the user had a weekly chart with a 'dummy' candle bar projection. I legit see the week ending just as he/she predicted or close. Anyway, it feels good to see how strong you are holding the thread bro, thank you for your work here.
Ignored
Thanks my brother, I wish to see the chart. Can you get me the thread number to sort it biko...
Swing and Intraday
 
1
  • Post #706,925
  • Quote
  • Nov 14, 2022 4:17am Nov 14, 2022 4:17am
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,562 Posts | Online Now
the drop is coming
Attached Image(s) (click to enlarge)
Click to Enlarge

Name: gu1.png
Size: 18 KB
Click to Enlarge

Name: uj.png
Size: 16 KB
 
4
  • Post #706,926
  • Quote
  • Nov 14, 2022 4:20am Nov 14, 2022 4:20am
  •  Trig
  • | Joined Oct 2020 | Status: Member | 90 Posts
Closed longs Friday pm 208 pips. Might short on Pound dollar? Target 116 900
 
 
  • Post #706,927
  • Quote
  • Nov 14, 2022 4:21am Nov 14, 2022 4:21am
  •  Yngwie
  • Joined Aug 2008 | Status: Member | 2,076 Posts
Testing Long 1.1785 SL 1.1760
naked trader ~ GBPUSD only!
 
 
  • Post #706,928
  • Quote
  • Nov 14, 2022 4:23am Nov 14, 2022 4:23am
  •  JayBag
  • Joined May 2016 | Status: Clueless | 6,418 Posts
Looking at PA, I will be taking my first short trade for this week at 1.184408 (BIG FINGER)
For now, I am looking to buy scalp from here to 1.184408

Entry: If M1 closes above 1.179331

If the buy scalp doesn't get activated and Liu runs with it, I will just leave my minions from last week to run to 1.155594.

The big picture for me is 1.184408 to 1.155594
I am even more confident of 1.155594 because Georginson has the same or similar level in mind.

Cheers
 
5
  • Post #706,929
  • Quote
  • Nov 14, 2022 4:26am Nov 14, 2022 4:26am
  •  PatienceFx
  • Joined Jun 2013 | Status: enjoying life | 14,949 Posts
Quoting Headland
Disliked
{quote} It was a classic pullback and reload - 1min bullish hidden div play got it....2nd challenge on that gap now? Most gaps are closed on the same day. 1831 would close it.
Ignored
I am expecting 50% drop
Indicators on my chart help me guess the trade they do not guarantee result
 
 
  • Post #706,930
  • Quote
  • Nov 14, 2022 4:28am Nov 14, 2022 4:28am
  •  JayBag
  • Joined May 2016 | Status: Clueless | 6,418 Posts
Quoting Georginson
Disliked
{quote} Thanks my brother, I wish to see the chart. Can you get me the thread number to sort it biko...
Ignored
I found it bro.

https://www.forexfactory.com/thread/...3#post14220573

Have a look. I have a bullish view of ending the week though. However, I am keen to see how low they can take it before closing. I am keeping an eye on your 1.15XX area as well.

To me, the bullish side may take the cup this week
 
3
  • Post #706,931
  • Quote
  • Nov 14, 2022 4:28am Nov 14, 2022 4:28am
  •  Headland
  • Joined Apr 2020 | Status: trading | 4,984 Posts
...like 15min before it, 30min will likely close as a bearish engulfing, but 5min bullish hidden div has developed and may stay valid on a deeper drop whilst above 1756.
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
2
  • Post #706,932
  • Quote
  • Nov 14, 2022 4:33am Nov 14, 2022 4:33am
  •  JayBag
  • Joined May 2016 | Status: Clueless | 6,418 Posts
Quoting JayBag
Disliked
Looking at PA, I will be taking my first short trade for this week at 1.184408 (BIG FINGER) For now, I am looking to buy scalp from here to 1.184408 Entry: If M1 closes above 1.179331 If the buy scalp doesn't get activated and Liu runs with it, I will just leave my minions from last week to run to 1.155594. The big picture for me is 1.184408 to 1.155594 I am even more confident of 1.155594 because Georginson has the same or similar level in mind. Cheers
Ignored
Buy scalp activated (M1 broke 1.179331)
Target, 1.184408.

Cheers
 
3
  • Post #706,933
  • Quote
  • Nov 14, 2022 4:37am Nov 14, 2022 4:37am
  •  Headland
  • Joined Apr 2020 | Status: trading | 4,984 Posts
...

1hr below
Attached Image (click to enlarge)
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Name: screenshot.png
Size: 12 KB
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
 
  • Post #706,934
  • Quote
  • Nov 14, 2022 4:38am Nov 14, 2022 4:38am
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 3,327 Posts
Quoting JayBag
Disliked
{quote} I found it bro. https://www.forexfactory.com/thread/...3#post14220573 Have a look. I have a bullish view of ending the week though. However, I am keen to see how low they can take it before closing. I am keeping an eye on your 1.15XX area as well. To me, the bullish side may take the cup this week
Ignored
The dummy chart shows possible high of 1.20... and a possible low of 1.1660 area... That's rather high though.
Swing and Intraday
 
3
  • Post #706,935
  • Quote
  • Nov 14, 2022 4:40am Nov 14, 2022 4:40am
  •  Headland
  • Joined Apr 2020 | Status: trading | 4,984 Posts
Quoting Headland
Disliked
...like 15min before it, 30min will likely close as a bearish engulfing, but 5min bullish hidden div has developed and may stay valid on a deeper drop whilst above 1756.
Ignored
The trouble with the set-up was that there was no new 30min (next higher t/f in this 1min/5min/30min/2hr t/f combo) trend hi before it - so not optimum.

5min below
Attached Image (click to enlarge)
Click to Enlarge

Name: screenshot.png
Size: 10 KB
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
2
  • Post #706,936
  • Quote
  • Nov 14, 2022 4:40am Nov 14, 2022 4:40am
  •  JameRomeo168
  • | Joined Jul 2021 | Status: Member | 182 Posts
Quoting navk
Disliked
That short was so quick. 1 set of shorts closed in asia. This is second set. {image}
Ignored

Hi Navk, what firm are you doing with in this picture? Seems like EightCap broker. TFT, FundedNext or FTP?
 
 
  • Post #706,937
  • Quote
  • Nov 14, 2022 4:41am Nov 14, 2022 4:41am
  •  Yngwie
  • Joined Aug 2008 | Status: Member | 2,076 Posts
Quoting Yngwie
Disliked
Testing Long 1.1785 SL 1.1760
Ignored
Closed 15 pips

Total today

Quoting Yngwie
Disliked
{quote} Closed 39 pips
Ignored
+

Quoting Yngwie
Disliked
{quote} closed 51 pips
Ignored
= 105 pips
naked trader ~ GBPUSD only!
 
5
  • Post #706,938
  • Quote
  • Nov 14, 2022 4:46am Nov 14, 2022 4:46am
  •  JayBag
  • Joined May 2016 | Status: Clueless | 6,418 Posts
Quoting Georginson
Disliked
{quote} The dummy chart shows possible high of 1.20... and a possible low of 1.1660 area... That's rather high though.
Ignored
I agree it's HIGH.
However, I think we can end the weekly candle in green

Anyway, let's see how it goes
 
2
  • Post #706,939
  • Quote
  • Nov 14, 2022 4:48am Nov 14, 2022 4:48am
  •  Headland
  • Joined Apr 2020 | Status: trading | 4,984 Posts
...bulls fighting against that last 30min bear engulf thrust candle close, but 4hr (gmt+2) could well close as a bullish engulf in a few mins. let's see.
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
 
  • Post #706,940
  • Quote
  • Nov 14, 2022 4:51am Nov 14, 2022 4:51am
  •  dempire1
  • Joined Jun 2021 | Status: Newbie Scalper | 573 Posts
Shorting @ 1.18241
SL 1.18547
TP 1.15669
Trade what you see not what you think.
 
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