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Cable Update (GBPUSD)

  • #717,721
  • Jan 4, 2023 5:45am Jan 4, 2023 5:45am
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yes yes yes
  • #717,722
  • Jan 4, 2023 5:53am Jan 4, 2023 5:53am
Adding to the discussion on drawing S&R levels, if you have access to volume profile tools the value area highs and lows from previous sessions can help add some objectivity to drawing these levels. VAH and VAL represent the highest and lowest price levels within the value area (the value area is the range in which 70% of all volume was traded in the previous session)
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  • #717,723
  • Jan 4, 2023 5:56am Jan 4, 2023 5:56am
1.20625 is where I'll enter Short if the price gets there..
  • #717,724
  • Jan 4, 2023 6:01am Jan 4, 2023 6:01am
1st Day back
1st Trading Day of 2023

1st Winning Trade +1% $219

MyFF $20k Live

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I'll wait 4 todays News releases for more trades.
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 17.5%
  • #717,725
  • Jan 4, 2023 6:03am Jan 4, 2023 6:03am
...2nd time today that current dly hi has collected a few tight stops above y/day's dly hi, and now the 2nd drop from there....price finding support again in the prev 1hr/4hr sw hi zone = prev res = pot rbs, ie y/day's p/back hi after the rise up from y/day's 1900 lo, following the early London session fall to there. the 4hr part of that pot rbs zone is wide and extends to circa 1994 on the gmt+2 4hr price feed.

1hr below
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Trader with an Edge.
  • #717,726
  • Jan 4, 2023 6:03am Jan 4, 2023 6:03am
Quoting TheWolf
1.20625 is where I'll enter Short if the price gets there..
Time for the Pound to drop..
HAHAHAHA, damn I love USD.. gimme gimme gimme..
  • #717,727
  • Edited 6:28am Jan 4, 2023 6:04am | Edited 6:28am
It's all about money & trade management sometimes fun to lose and in the end to gain even it takes a few days practice and you get to know yourself emotions disappear... don't give your money away practice correct your f ups.

Luctor et Emergo philosophical going under what to do next d'argent no IMF for you and me when it gets messi
  • #717,728
  • Jan 4, 2023 6:04am Jan 4, 2023 6:04am
Quoting navk
1950 unlikely to break ... Important support.
I posted this yesterday.
One could have got out of short
Intraday only.
  • #717,729
  • Jan 4, 2023 6:23am Jan 4, 2023 6:23am
Quoting navk
{quote} I posted this yesterday. One could have got out of short
Why do you believe that 1950 is an important support area?
  • #717,730
  • Jan 4, 2023 6:25am Jan 4, 2023 6:25am
Quoting dantpm
{quote} Why do you believe that 1950 is an important support area?
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Intraday only.
  • #717,731
  • Jan 4, 2023 6:27am Jan 4, 2023 6:27am
Quoting Indigo45
{quote} to me Price has taken its maximum daily price move, This is time to go down, where yesterday's sentiment, took the price or even low. ISM Manufacturing PMI matters however... (Editted to add image) {image}
Closed Manually at 2050
  • #717,732
  • Jan 4, 2023 6:27am Jan 4, 2023 6:27am
Drop already you $%#%!!




REMEMBER PEOPLE! NO EMOTIONS!
  • #717,733
  • Jan 4, 2023 6:30am Jan 4, 2023 6:30am
Look for higher areas to drop from 12140-50 on the 4H looks interesting area
Insane in the Brain..
  • #717,734
  • Jan 4, 2023 6:31am Jan 4, 2023 6:31am
GBP/AUD 300 pips down so far.. it's probably due to the China news that were released not long ago..
  • #717,735
  • Edited 6:54am Jan 4, 2023 6:31am | Edited 6:54am
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got your wish wolf
Quoting TheWolf
Drop already you $%#%!! REMEMBER PEOPLE! NO EMOTIONS!
das boot enhancement its a raadsel a puzzle
  • #717,736
  • Jan 4, 2023 6:31am Jan 4, 2023 6:31am
The drop form 1.24xxx to 1.1900 may have been finished to me.
Intraday only.
  • #717,737
  • Jan 4, 2023 6:34am Jan 4, 2023 6:34am
Quoting JayBag
{quote} Good morning, folks, My trade from last night survived and is still valid IMO. I can't wait for LO to see how 1.19792 react. Either way, I plan on holding for a min. Let's have a beautiful day Cheers {image}
Closed some longs.
Leaving the rest in hopes of 1.21 area.

Take care, gang
  • #717,738
  • Jan 4, 2023 6:35am Jan 4, 2023 6:35am
Quoting TheWolf
Drop already you $%#%!! REMEMBER PEOPLE! NO EMOTIONS!
Are you channeling @Moty?
  • #717,739
  • Jan 4, 2023 6:45am Jan 4, 2023 6:45am
Do we have to sit through another 2 hours of this?
  • #717,740
  • Jan 4, 2023 6:47am Jan 4, 2023 6:47am
Quoting dantpm
{quote} Are you channeling @Moty?
Aren't we all?.. haha
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