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Cable Update (GBPUSD)

  • #715,601
  • Dec 21, 2022 7:43am Dec 21, 2022 7:43am
and now?
back or higher
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Trendlines H1,H4, SMC
  • #715,602
  • Dec 21, 2022 7:45am Dec 21, 2022 7:45am
fly like an eagle
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update : out with 58 $ in profit
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yes yes yes
  • #715,603
  • Dec 21, 2022 7:45am Dec 21, 2022 7:45am
Quoting TheWolf
{quote} That's a very good point! I am changing my opinion on this! I don't believe in trend lines anymore.. rather flat levels only. This point of view is just in development for me now. When I catch some free time, I'll investigate this in-depth. TheWolf
I have to agree with you bro.
In South Africa, we refer to TL traders as 'Liquidity Providers

I have long avoided TL for a long minute.
  • #715,604
  • Dec 21, 2022 7:47am Dec 21, 2022 7:47am
add sell - 1.2150

stop loss - 1.2170
Together we can be strongest
Vantage Return This Month: -97.0%
  • #715,605
  • Dec 21, 2022 7:52am Dec 21, 2022 7:52am
Quoting pipcenturion
Buy GU at 1.2159 SL below today's low Target 1.2254
The level I wanted to buy from, has now become the sell entry. I love this game!!!
  • #715,606
  • Dec 21, 2022 7:52am Dec 21, 2022 7:52am
Quoting Coreg2004
{quote} mrluckystar, I keep an eye on HPs on smaller TF (5M) and use them to enter the trade but for the fourth day, I do range trading. Somehow I'm fixated on 1.2040 which is the minimum level for the second leg down. {image}
I see Gartley on m30.
No LL made. Fresh new buyer from us session.

If 61.8% hold, I think Gartley can be achieved.
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Peace Yo!
  • #715,607
  • Dec 21, 2022 8:01am Dec 21, 2022 8:01am
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yes yes yes
  • #715,608
  • Dec 21, 2022 8:01am Dec 21, 2022 8:01am
I just couldn’t leave it alone

“What I do have are a very particular set of skills, skills that I have acquired over a very long career……”
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“What I do have are a very particular set of skills that I have acquired”
  • #715,609
  • Dec 21, 2022 8:02am Dec 21, 2022 8:02am
I'm still bearish on Cable...let's see
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!! Radha Radha !!
  • #715,610
  • Dec 21, 2022 8:09am Dec 21, 2022 8:09am
The TLs (horizontal and diagonal) in conjunction with another method of TA can be a valuable technical tool if you know how to draw them, but if something doesn't speak to you and you don't have faith in it, sure, leave them alone.
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Always trade your own plan...I don't provide trading signals.
  • #715,611
  • Dec 21, 2022 8:10am Dec 21, 2022 8:10am
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Together we can be strongest
Vantage Return This Month: -97.0%
  • #715,612
  • Dec 21, 2022 8:17am Dec 21, 2022 8:17am
Some data in 45 mins not sure how impactful it will be even though it is red sticker. I have set my longs to be killed off at 12220 if we get there taking a hit as 12280 is far from do able this week. The trend is down and we’ve seen multiple rejections of areas.
Insane in the Brain..
  • #715,613
  • Dec 21, 2022 8:19am Dec 21, 2022 8:19am
Impulse waves or corrections do no go up or down in one move, it can be gut wrenching to see the price move against your position after a good move in our favour but from experience and with the the stop placed above swing 5 of the triangle correction which was part of a double correction , it is part of trading and has a high risk reward potential with a 30 pip stop and a possible 240 pip move to target , this equates to an 8:1 trade.

As someone said earlier chasing the price might give you some short term profits but the big money is in letting your trades run. 8:1 should it be successful will give another 7 trades with a 30 pip stop (stops can vary depending on the swing highs and lows as price moves out of a correction)
Follow The Markets Structure - Patience and Discipline
  • #715,614
  • Dec 21, 2022 8:19am Dec 21, 2022 8:19am
us index update
and gbpusd
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Trendlines H1,H4, SMC
  • #715,615
  • Dec 21, 2022 8:24am Dec 21, 2022 8:24am
Hello Guys,
Just a Warning, Don't Buy Pound on News it may Spike but at the End of the 4H CHart we will see 1.2050
as i said before don't get trapped,
USDINDEX Shows very good Buying Sentiment and it is on 30M and 1H Time Frames but Still.. it may go up
so just be careful.
as sad before am out of Pound and will sell Gold on Spike maybe 1823.00 and 1830.00 also if it went that high.


""You will meet two kinds of people in life: ones who build you up and ones who tear you down. But in the end, you’ll thank them both.""
Don't compare your Trades with Others
  • #715,616
  • Dec 21, 2022 8:27am Dec 21, 2022 8:27am
Quoting Pat Chiko
{quote} GU Approaching target 2. Buyer has been helping seller to fuel the down moves. Structure broken with range break out trading rushing in to take order.{image}
GU

Ridding this trade based on S&R with price action.
Target Christmas.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #715,617
  • Dec 21, 2022 8:37am Dec 21, 2022 8:37am
Quoting palpite
sell - 1.2138 stop loss - 1.2170
target around - 1.19
Together we can be strongest
Vantage Return This Month: -97.0%
  • #715,618
  • Dec 21, 2022 8:37am Dec 21, 2022 8:37am
I think the news at 1500GMT (24mins) will have no tricks, it will shoot down.
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 18.2%
  • #715,619
  • Dec 21, 2022 8:41am Dec 21, 2022 8:41am
all out !!!
easy money
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yes yes yes
  • #715,620
  • Dec 21, 2022 8:46am Dec 21, 2022 8:46am
Quoting Moty
all out !!! easy money {image}
Moty you are doing very well. Keep it up
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