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Cable Update (GBPUSD)

  • #718,201
  • Jan 5, 2023 9:01am Jan 5, 2023 9:01am
How far will below 119 hold. The drop has been hard with no real correction. From elasticity perspective there will be soon an area where the move move up can be quick too
Insane in the Brain..
  • #718,202
  • Jan 5, 2023 9:02am Jan 5, 2023 9:02am
Clean Daily Chart..

DXY Daily.. we finally have confirmation candle, at last..
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  • #718,203
  • Jan 5, 2023 9:04am Jan 5, 2023 9:04am
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just woke up ty very much... gonna send more tanks to the ukies, read it somewere it is what it is.
  • #718,204
  • Jan 5, 2023 9:04am Jan 5, 2023 9:04am
Been trading since one and a half month and its been great so far but all you guys have been of immense help
Thank you peeps
  • #718,205
  • Jan 5, 2023 9:06am Jan 5, 2023 9:06am
Buy GBP/USD at 1,1898.
No SL and TP.

* I have other open long trade.
  • #718,206
  • Jan 5, 2023 9:07am Jan 5, 2023 9:07am
Quoting Pat Chiko
{quote} GU One for the road to take out LQ below. Going to be quick one, after that price will consolidate in preparation for NFP{image}{image}
GU

Approaching target for this last scalp.
After this , all of us can rest. until NFP tomorrow.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #718,207
  • Jan 5, 2023 9:08am Jan 5, 2023 9:08am
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o what a loverly start
  • #718,208
  • Jan 5, 2023 9:10am Jan 5, 2023 9:10am
Quoting Pat Chiko
Whats next ?. Any comment and view welcome. Troll will be prosecuted on sight. Let me hear you and make some noise. The only way to improve your trading is by participating. I won't be long in this thread, as I may want to go back to where I came from{image}
Sorry sir, I do not know. I just wait for PA, structure, and confirmations.
The market hides a perfect geometry.
  • #718,209
  • Jan 5, 2023 9:11am Jan 5, 2023 9:11am
Quoting Pat Chiko
{quote} GU Approaching target for this last scalp. After this , all of us can rest. until NFP tomorrow.{image}
Would be amazing to see Daily Candle closing somewhat below 1.19 today.. then tommorow retest (establishing new R, prior S) and runaway train towards lower prices..
  • #718,210
  • Jan 5, 2023 9:12am Jan 5, 2023 9:12am
crooky mf
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yes yes yes
  • #718,211
  • Jan 5, 2023 9:14am Jan 5, 2023 9:14am
Quoting pipfarm
{quote} Swing 3 trend wave , we should be expecting a swing low below 1898 on H1, then lets see after that if we get an hourly pullback, there might me another chance to short this week
So we went below 1898 , that is a profit take for me
Follow The Markets Structure - Patience and Discipline
  • #718,212
  • Jan 5, 2023 9:15am Jan 5, 2023 9:15am
Quoting montygoldy
Gut feeling dxy on daily timeframe can test highs and close the gap 104.600-700 zone or even more…
all right woke up saw the nice up move as expected on dxy.. gaps covered at the critical resistance….all tp hit done for the day
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Extreme gut feeling trader
  • #718,213
  • Jan 5, 2023 9:15am Jan 5, 2023 9:15am
Quoting pipfarm
{quote} So we went below 1898 , that is a profit take for me

No S/R for me , its not necessary for me, swings ,mtfs, trends only
Follow The Markets Structure - Patience and Discipline
  • #718,214
  • Jan 5, 2023 9:17am Jan 5, 2023 9:17am
Quoting Coreg2004
{quote} {quote} Pat, check the 4H chart. Even 3rd touch of the TL didn't stop DX from advancing. Sure, we have a massive resistance zone above...but march to 105.80 is still valid. {image}
I have the 200MA on my chart, that seems to be resistance right now.

Guy
  • #718,215
  • Jan 5, 2023 9:17am Jan 5, 2023 9:17am
In Ukraine, Putin has ordered a one-day Christmas truce

Here's your opportunity to catch some of that retracement..

LOOOOOL THE TIMING OF THE NEWS MAN..
  • #718,216
  • Jan 5, 2023 9:17am Jan 5, 2023 9:17am
Quoting TheWolf
It's over.. Hourly was right to confirm Short 4 hours before London Open... H4 is about to confirm Short and on Daily Chart yesterday's candle DID NOT CLOSE ABOVE THE GRAY LINE.. Next Support based on Daily Chart is at ~1.17661. Told you H4 is weird, an anomaly... Now, only Weekly is not yet confirming Short, when it does, it'll be a nice ride down.. Somewhat larger candle, so some retracement should be expected but then just Short.. {image} {image} {image}
Hourly was right to confirm Short 4 hours before London Open.

That is only a hindsight determination at 4 hours before LO. H1/H2 could very well have ended going down before H4 made any significant progress, and then H1/H2 go up to new highs and eventually H4 go up as well. It was only AFTER H1 made a small rally that not even H2 joined that you could declare that H4 was confirmed down.
To free Gazans of Hamas, use whatever it takes.
  • #718,217
  • Jan 5, 2023 9:22am Jan 5, 2023 9:22am
Quoting Pat Chiko
Posted on DXY SIX hours ago. {quote} DXY do respect daily demand zone , and price bounce.{image}
DXY

broke the first Resistance, going for second before pulling back and consolidate later in preparation for NFP
One more spike Dixie.... please............
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #718,218
  • Jan 5, 2023 9:23am Jan 5, 2023 9:23am
Quoting DrDave
{quote} Hourly was right to confirm Short 4 hours before London Open. That is only a hindsight determination at 4 hours before LO. H1/H2 could very well have ended going down before H4 made any significant progress, and then H1/H2 go up to new highs and eventually H4 go up as well. It was only AFTER H1 made a small rally that not even H2 joined that you could declare that H4 was confirmed down.
Keeping it right simple..

Higher TF's for Trend
Lower TF's for Corrections

You have to agree though, that having this kind of advantage is damn awesome.. I don't have to think at all.
M15, M30 and Hourly are more than enough to correctly asses where the price is heading on that particular day.

It seems to me, once Hourly confirms Short or Long on that particular day, above 90% chance it's going to last for the whole day if not two.

I find that combining these three TF's is more than enough to catch some really nice pips..
  • #718,219
  • Jan 5, 2023 9:32am Jan 5, 2023 9:32am
Quoting Waveskierrob
{quote} Added SHORT 11988 no sl no tp
Closed GU SHORT 11900 +88
  • #718,220
  • Jan 5, 2023 9:32am Jan 5, 2023 9:32am
Quoting Pat Chiko
{quote} GU One for the road to take out LQ below. Going to be quick one, after that price will consolidate in preparation for NFP{image}{image}
GU

End of scalping.
GU is loosing stamina and will be slow movement from hereon.
Closed it for whatever I can scalp the balance of this trades.
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Break time, need to go for smoke.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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