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Cable Update (GBPUSD)

  • #716,641
  • Dec 28, 2022 9:36am Dec 28, 2022 9:36am
Quoting RCtrader
{quote} I hope everyone TPed their longs, because the day for bulls is pretty much over.
Would like to add to close any weak positions, volatility will be mad beginning of January. Advising to only follow market makers. Whatever my view is will be the oposite.
  • #716,642
  • Dec 28, 2022 9:38am Dec 28, 2022 9:38am
Quoting Pat Chiko
{quote} GU End of Scalping. Waitinng for SHORT Scalping set up.{image}
GU

Trade what you see in chart.
Wait for supply to get consumed.
Wait for rejection, N3 after that candle closed.

Make trading simple and don't guess trade.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 121.jpg Size: 227 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #716,643
  • Dec 28, 2022 9:43am Dec 28, 2022 9:43am
Quoting Pat Chiko
{quote} GU Trade what you see in chart. Wait for supply to get consumed. Wait for rejection, N3 after that candle closed. Make trading simple and don't guess trade.{image}
What do you mean by N3?
  • #716,644
  • Dec 28, 2022 9:46am Dec 28, 2022 9:46am
Quoting Pat Chiko
{quote} GU Trade what you see in chart. Wait for supply to get consumed. Wait for rejection, N3 after that candle closed. Make trading simple and don't guess trade.{image}
What are RSF/SRF N3 and QM on your charts?
  • #716,645
  • Dec 28, 2022 9:53am Dec 28, 2022 9:53am
Quoting xav
{quote} What are RSF/SRF N3 and QM on your charts?
RSF = resistance support flipping
Srf= support resistance flipping
N3 = entry
Qm = is like a head and shoulders that the right shoulder came back after a movment something like this i dont know

Just guessing im newbie
  • #716,646
  • Dec 28, 2022 9:53am Dec 28, 2022 9:53am
Quoting FulMargnAlch
{image}
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
The market hides a perfect geometry.
  • #716,647
  • Dec 28, 2022 9:54am Dec 28, 2022 9:54am
Quoting LifeRider
{quote} Sorry, a bit off topic, but what are you doing this month differently? {image} thank you
Good question.

The truth is, I have spent over 60,000 hours on screens since I took this profession seriously. I've created hundreds of systems for personal use over the years, but there was always something missing. It was never enough. It's not like I think what I have now is enough or complete. However, this month is special because I finally had access to the data I needed to complete a system I abandoned years ago.

Anyway, it's still an ongoing study for me. I need to run the system for at least 365 days.

Cheers
  • #716,648
  • Dec 28, 2022 9:56am Dec 28, 2022 9:56am
I will buy again at the current price 1.2034

Still expecting 1.2134
  • #716,649
  • Dec 28, 2022 9:57am Dec 28, 2022 9:57am
bulls destroyed
  • #716,650
  • Dec 28, 2022 9:58am Dec 28, 2022 9:58am
Quoting JayBag
What's playing, folks? Staring at the chart, I have 1.205326. marked out. An H1 close above the mentioned level on the H1 will initiate a bull wave that may provide at least 200–400 pips. Based on the PA and time structure, I anticipate the BO today and a retracement of the entry set for tomorrow. However, it is wise to operate step by step. That being said, let's wait for the H1 break above 1.205326 first. Take care, gang
I have started buying.
Anything below 1.205326 is a dip for me.

Take care, gang
  • #716,651
  • Dec 28, 2022 9:58am Dec 28, 2022 9:58am
That’s one crazy drop literally like a lead balloon. Not much data there any idea what caused it to drop from 12120 area to below daily pivot at 12040
Insane in the Brain..
  • #716,652
  • Dec 28, 2022 9:58am Dec 28, 2022 9:58am
Long 1.2030
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #716,653
  • Dec 28, 2022 10:02am Dec 28, 2022 10:02am
Quoting JayBag
{quote} Good question. The truth is, I have spent over 60,000 hours on screens since I took this profession seriously. I've created hundreds of systems for personal use over the years, but there was always something missing. It was never enough. It's not like I think what I have now is enough or complete. However, this month is special because I finally had access to the data I needed to complete a system I abandoned years ago. Anyway, it's still an ongoing study for me. I need to run the system for at least 365 days. Cheers
Thank you, and best of luck!
I have no clue where it's going
  • #716,654
  • Dec 28, 2022 10:05am Dec 28, 2022 10:05am
Quoting sharingan9
GU struggling to stay above weekly pivot..... bearish
Long traders taken out. Could be bull trap
  • #716,655
  • Dec 28, 2022 10:07am Dec 28, 2022 10:07am
Quoting Yngwie
Long 1.2030
closed +5
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #716,656
  • Dec 28, 2022 10:09am Dec 28, 2022 10:09am
Waiting to buy from bottom again. 1 bearish candle cover whole day bull job
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #716,657
  • Dec 28, 2022 10:11am Dec 28, 2022 10:11am
Quoting Yngwie
Waiting to buy from bottom again. 1 bearish candle cover whole day bull job
it’s crazy isn’t it?
Insane in the Brain..
  • #716,658
  • Dec 28, 2022 10:14am Dec 28, 2022 10:14am
up 100 down 100 good day reads 1.21 1 dive dive
crazy isn’t it?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30 dec28 mm b.png Size: 63 KB
  • #716,659
  • Dec 28, 2022 10:14am Dec 28, 2022 10:14am
Quoting BeeTogether
{quote}it’s crazy isn’t it?
yep just like that. Yes almost overbought but crazy fall. what a jackpot for seller. Only high impact news can do that
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #716,660
  • Dec 28, 2022 10:16am Dec 28, 2022 10:16am
Keep going down, until they see the bottom, these English do not stop!
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