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Cable Update (GBPUSD)

  • #706,921
  • Nov 14, 2022 3:26am Nov 14, 2022 3:26am
Quoting Headland
{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.
I am expecting 50% drop
  • #706,922
  • Nov 14, 2022 3:28am Nov 14, 2022 3:28am
Quoting Georginson
{quote} Thanks my brother, I wish to see the chart. Can you get me the thread number to sort it biko...
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
  • #706,923
  • Nov 14, 2022 3:28am Nov 14, 2022 3:28am
...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.
Trader with an Edge.
  • #706,924
  • Nov 14, 2022 3:33am Nov 14, 2022 3:33am
Quoting JayBag
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
Buy scalp activated (M1 broke 1.179331)
Target, 1.184408.

Cheers
  • #706,925
  • Nov 14, 2022 3:37am Nov 14, 2022 3:37am
...

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
Trader with an Edge.
  • #706,926
  • Nov 14, 2022 3:38am Nov 14, 2022 3:38am
Quoting JayBag
{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
The dummy chart shows possible high of 1.20... and a possible low of 1.1660 area... That's rather high though.
Data + Stat + Risk/Emotions Management
  • #706,927
  • Nov 14, 2022 3:40am Nov 14, 2022 3:40am
Quoting Headland
...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.
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
Trader with an Edge.
  • #706,928
  • Nov 14, 2022 3:40am Nov 14, 2022 3:40am
Quoting navk
That short was so quick. 1 set of shorts closed in asia. This is second set. {image}

Hi Navk, what firm are you doing with in this picture? Seems like EightCap broker. TFT, FundedNext or FTP?
With courage, patience, and discipline, success is a matter of time.
  • #706,929
  • Nov 14, 2022 3:41am Nov 14, 2022 3:41am
Quoting Yngwie
Testing Long 1.1785 SL 1.1760
Closed 15 pips

Total today

Quoting Yngwie
{quote} Closed 39 pips
+

Quoting Yngwie
{quote} closed 51 pips
= 105 pips
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #706,930
  • Nov 14, 2022 3:46am Nov 14, 2022 3:46am
Quoting Georginson
{quote} The dummy chart shows possible high of 1.20... and a possible low of 1.1660 area... That's rather high though.
I agree it's HIGH.
However, I think we can end the weekly candle in green

Anyway, let's see how it goes
  • #706,931
  • Nov 14, 2022 3:48am Nov 14, 2022 3:48am
...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.
Trader with an Edge.
  • #706,932
  • Nov 14, 2022 3:51am Nov 14, 2022 3:51am
Shorting @ 1.18241
SL 1.18547
TP 1.15669
How to succeed in zero sum game?
  • #706,933
  • Nov 14, 2022 3:51am Nov 14, 2022 3:51am
Go my wonderful bears and bring me the pips!
Risk Management is of utmost importance!
  • #706,934
  • Nov 14, 2022 3:53am Nov 14, 2022 3:53am
Lee, take over. You have my full permission
  • #706,935
  • Nov 14, 2022 3:54am Nov 14, 2022 3:54am
Price now 1.1785. Bull want to fly. Her target now 1.1870
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #706,936
  • Edited 5:10am Nov 14, 2022 4:06am | Edited 5:10am
Quoting Yngwie
Testing Long 1.1785 SL 1.1760
My Friday longs are still -50 pips Will close when within range of small loss or else hedge
  • #706,937
  • Nov 14, 2022 4:11am Nov 14, 2022 4:11am
Quoting Yngwie
Price now 1.1785. Bull want to fly. Her target now 1.1870
abort abort. going down
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #706,938
  • Nov 14, 2022 4:12am Nov 14, 2022 4:12am
Quoting navk
That short was so quick. 1 set of shorts closed in asia. This is second set. {image}
Another 1000 added to today score.

All in short trades in line with my asian analysis,
Attached Image (click to enlarge)
Click to Enlarge Name: book.png Size: 71 KB
Intraday only.
  • #706,939
  • Nov 14, 2022 4:14am Nov 14, 2022 4:14am
Quoting navk
{quote} Another 1000 added to today score. All in short trades in line with my asian analysis, {image}
Hi can I ask where do u intend to close your shorts?
  • #706,940
  • Nov 14, 2022 4:14am Nov 14, 2022 4:14am
retesting the Daily S1 level if it can break we should see S2 and S3 easily as it does on Mondays usually
Insane in the Brain..
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