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Cable Update (GBPUSD)

  • #720,781
  • Jan 13, 2023 9:16am Jan 13, 2023 9:16am
If we break 12230-40 area then we should see a weekly high. Having said that the current up could be a SL hunt too. The US data was good so not sure why instead of dithering or dropping we seeing an upward move
Insane in the Brain..
  • #720,782
  • Jan 13, 2023 9:17am Jan 13, 2023 9:17am
A channel bearish M15

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  • #720,783
  • Jan 13, 2023 9:18am Jan 13, 2023 9:18am
Quoting breakoutpips
{quote} Im also short.... my TP at 1.21221.. SL same as yours
im waiting for extreme down move.. but it don’t work, I’m terrible trader.
  • #720,784
  • Jan 13, 2023 9:18am Jan 13, 2023 9:18am
Can this sell back from 1.2212 ?

Edit: until 1.2184 from where buyers can step in again
  • #720,785
  • Jan 13, 2023 9:19am Jan 13, 2023 9:19am
Quoting Guy1969
{quote} Hopefully you got a long entry in close to 128.100/200 support zone. Entered my long swing entry @128.100 the ride back up for USDJPY is going to be a long one. Guy
Hi Guy,Thanks for taking notice of my UJ chart. Here's the thing though. Momentum has been very strong and price smashed through my monthly support 1 at 128.376.
128.268 is the 61.8% fib retrace of the yearly swing high to low, so it is fair to think that price may reverse around here. It takes more for me to just jump into a buy trade. I need to see daily higher highs and lows with my signals lining up etc.
We shall see how this pans out,
Have a great weekend,
Cheers
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Trade to trade another day
  • #720,786
  • Jan 13, 2023 9:20am Jan 13, 2023 9:20am
Quoting Pat Chiko
{quote} GU Partial Closed 2 on news evenyt{image}
GU - Last piece

That's all for the week.
Last one to go.

I've to close it now ,as I got party to go in one hour from now.
I need to smell good and look good.........

Take care and listen to Teek. Wisemen say, stop trading now, so I better stop
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I come from the future.
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  • #720,787
  • Jan 13, 2023 9:22am Jan 13, 2023 9:22am
It's party time.................FRIDAY..
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MONDAY........... well. US Holiday.... no need to trade..........
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #720,788
  • Jan 13, 2023 9:28am Jan 13, 2023 9:28am
We need the and say the famous word go down MF
average dude treading water
  • #720,789
  • Jan 13, 2023 9:28am Jan 13, 2023 9:28am
Quoting Teek
{quote} No, I don't party. I'm a boring old man. I watch football, I eat, workout, football, look at Monday, manage my longterm trades, wait for Tuesday, trade my 3 days a week (actualy it's only a few hours in the morning, I don't trade NY all too often), look at Friday and think "naaah I'm green", and then waste my time on this forum trying to open eyes to what's plain to see, and I wonder why... And then I repeat that. Make rich people richer, pick my breadcrumps and go watch more football. ... and in all this time, I don't wear socks....
And thank you for that! Really. And please know that when you can pass knowledge onto someone it's never wasted time however long it might take. This is why my new year's resolution is to be active on these forums and learn new methods.
  • #720,790
  • Jan 13, 2023 9:30am Jan 13, 2023 9:30am
again... like clockwork
If it wasn't friday it would take our London high again, but it's friday, without the Smoke & Mirrors event it probably wouldn't trade at all...
but it's there so....
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you are not expected to understand this
  • #720,791
  • Jan 13, 2023 9:32am Jan 13, 2023 9:32am
USDJPY..............If you want money you can add a SELL order because it will get to the next level about 100 pips

Good Luck
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  • #720,792
  • Jan 13, 2023 9:36am Jan 13, 2023 9:36am
Is this a shift in market structure?
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  • #720,793
  • Jan 13, 2023 9:42am Jan 13, 2023 9:42am
Quoting MIKKI
We need the and say the famous word go down MF
we are terrible bears, we need to admit it.
  • #720,794
  • Jan 13, 2023 9:44am Jan 13, 2023 9:44am
Quoting pipcenturion
Is this a shift in market structure? {image}
If you're asking this question, who do we ask?
Where do you figure we're headed as it stands though?
  • #720,795
  • Jan 13, 2023 9:44am Jan 13, 2023 9:44am
Quoting Pat Chiko
{quote} Nothing wrong with posting "LIVE " trades, Showing where and when you enter. Showing where and when you closed. Let others learn and be inspiration to emulate your success. Showing off is when you post "HIND SIGHT". Just like watching a reply of sport event, knowing the result before hand. There is no value in hind sight posting, only for ego and boosting to the poster.
You're right. I'll try and always explain every trade in best way I can...
I appreciate your efforts in this forum... No one comes close to your precisions

Thanks.
My telegram: https://t.me/avidforex
  • #720,796
  • Jan 13, 2023 9:45am Jan 13, 2023 9:45am
Quoting noox
{quote} Why not on a Friday?
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  • #720,797
  • Jan 13, 2023 9:48am Jan 13, 2023 9:48am
Quoting pipcenturion
Is this a shift in market structure? {image}
I just see it as a retest of the dtl from Asia. It bounced hard from it. So it might retest the highs but I'm sceptical of anything more than that not only because it's Friday afternoon - even NY is trying to go out early - but also we'll have a long weekend and why would anyone go long into that to keep their positions in limbo. But if we break the highs and close the day on a high note I believe we will have a breakout week next week to retest the real highs.
  • #720,798
  • Jan 13, 2023 9:54am Jan 13, 2023 9:54am
Quoting Teek
again... like clockwork If it wasn't friday it would take our London high again, but it's friday, without the Smoke & Mirrors event it probably wouldn't trade at all... but it's there so....{image}{image}
One man's ict is another's Wyckoff, LOL.
  • #720,799
  • Jan 13, 2023 9:55am Jan 13, 2023 9:55am
Quoting suhas316
Cable... On biger TF .... its in range On smaller TF ... its bullish... but I want to see a HL and I will decide to go long... Maybe be bounce from @ 1.21700 ( 50.0 ) or 1.21535 ( 61.8 ) if it's bearish...I will see if it breaks 1.21000 ... then I will try to go short on Cable.... let's see {image}
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!! Radha Radha !!
  • #720,800
  • Jan 13, 2023 9:58am Jan 13, 2023 9:58am
Quoting noox
{quote} I just see it as a retest of the dtl from Asia. It bounced hard from it. So it might retest the highs but I'm sceptical of anything more than that not only because it's Friday afternoon - even NY is trying to go out early - but also we'll have a long weekend and why would anyone go long into that to keep their positions in limbo. But if we break the highs and close the day on a high note I believe we will have a breakout week next week to retest the real highs.
THIS
what you see is Big Money using your Liquidity around a Friday event to trade out.
They couldn't even do it without you. You are the dudes who keep clicking buttons on a Friday afternoon.
Stop looking for Liquidity. You ARE liquidity

harsh truth you say. Yeah we live in a cold cold world...
you are not expected to understand this
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