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Cable Update (GBPUSD)

  • #726,041
  • Feb 3, 2023 6:15am Feb 3, 2023 6:15am
Quoting BigNumbers
Come to daddy before the NFP @2:30 pm {image}
I got a hard TP at 12280 too. Moved SL to 12230
Insane in the Brain..
  • #726,042
  • Feb 3, 2023 6:18am Feb 3, 2023 6:18am
Quoting DrDave
{quote}H4 makes it corrective ot what? I see that H1 liquidity run to the swing high as the end of a W1 rally and the start of a return down.
H1 is moving against the H4 larger degree swing therefore at the moment i assume it is corrective
Follow The Markets Structure - Patience and Discipline
  • #726,043
  • Feb 3, 2023 6:26am Feb 3, 2023 6:26am
my gut feeling is telling me NFP will spike up before continouing down
so m closing my shorts with +7 pips
will place a sell limit above..
I may be wrong
  • #726,044
  • Feb 3, 2023 6:28am Feb 3, 2023 6:28am
If price delivers well I should get one more entry before tp
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  • #726,045
  • Feb 3, 2023 6:28am Feb 3, 2023 6:28am
Quoting FulMargnAlch
{quote} Why buy there? I understand the previous entries but not the succeeding ones.{image}
I am not going to make the same mistake with usdchf as with UC. AI is waiting for me again. This time he is wrong, but just in case, I will continue without entering. I could enter with a single position and wait for him below but I want to have margin control. I am holding 18 posiciones from down below.

what do you reckon buddy?


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POSTMASTER
  • #726,046
  • Feb 3, 2023 6:29am Feb 3, 2023 6:29am
Off for lunch with the Mrs. Trades protected. Either I take home 750 or if we hit 1228 it’s 2k
Insane in the Brain..
  • #726,047
  • Feb 3, 2023 6:44am Feb 3, 2023 6:44am
Quoting pipfarm
{quote} H1 is moving against the H4 larger degree swing therefore at the moment i assume it is corrective
OK, so you mean the H1 swing up is a correction in the building of the H4 swing, right?
To free Gazans of Hamas, use whatever it takes.
  • #726,048
  • Feb 3, 2023 6:45am Feb 3, 2023 6:45am
Quoting catch22
{quote} thought so, lol. but seriously?
And you better be polite to them... Coz They have the power to make you INVISIBLE
  • #726,049
  • Feb 3, 2023 6:47am Feb 3, 2023 6:47am
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yes yes yes
  • #726,050
  • Feb 3, 2023 6:48am Feb 3, 2023 6:48am
Were going down 1.2211, get your heads out of technicals...it will do funny stuff to you
  • #726,051
  • Feb 3, 2023 6:50am Feb 3, 2023 6:50am
Quoting DrDave
{quote} OK, so you mean the H1 swing up is a correction in the building of the H4 swing, right?
Yes , if it does make the full correction then i would look at H1 again for continuation of H4 swing , using the same method BOS retest
Follow The Markets Structure - Patience and Discipline
  • #726,052
  • Feb 3, 2023 6:53am Feb 3, 2023 6:53am
Quoting pipfarm
EURGBP H1 BOS LIQUIDITY RUN , H4 makes this corrective {image}
I think its going to make a small high and reverse the swing
POSTMASTER
  • #726,053
  • Feb 3, 2023 6:57am Feb 3, 2023 6:57am
Quoting catch22
{quote} thought so, lol. but seriously?
You could have red badge if you want. With a bit tweak.
  • #726,054
  • Feb 3, 2023 6:58am Feb 3, 2023 6:58am
Took profit as it dipped a bit 1200 better than nowt. Taken a small short at 12250 SL will be 123.
Insane in the Brain..
  • #726,055
  • Feb 3, 2023 7:02am Feb 3, 2023 7:02am
Quoting Headland
G/M, ....chart below shows the recent 4hr 2448-2262 range. Will we see a retest of it in a pullback? 4hr
Back for U.s NFP. So, yes was the answer to question I posed in my 1st post of the day. The current dly hi of 2265 in that prev 1hr/4hr sw hi zone starting @ 2254 is coexistent with the prev 1hr/4hr/minor dly sw lo zone starting @ 2262, both = prev supp = pot sbr. It was a hi-prob play from the current dly lo in the 4hr/dly part of that prev 1hr/4hr/dly sw lo zone = prev supp = pot supp, particularly with the reg bullish div play there on 5min - 1hr.

1hr below
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Trader with an Edge.
  • #726,056
  • Feb 3, 2023 7:05am Feb 3, 2023 7:05am
I don't know if this chart is correct or not? But this is an analysis and I see it this way
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Do not get emotional when you gain or lose
  • #726,057
  • Feb 3, 2023 7:07am Feb 3, 2023 7:07am
Quoting Robinhood1
Going to be showing off with a few swing trading predictions and then i am off. Gbpnzd: buying starts around 1.8870 eurgbp: selling starts around 0.8965 eurcad: selling starts around 1.4705
I will be posting about these 3 for a while to see if i am getting swing trading right. Thereafter, reading members post to kill time. And after that, i´ll see.
POSTMASTER
  • #726,058
  • Feb 3, 2023 7:13am Feb 3, 2023 7:13am
...the pot (potential) immediate near-term sb zones likely extend up to 2300 on 4hr. Looking to the immediate downside @/below current dly on 4hr is on chart below. Downside near-term fibs are posted too.

4hr & downside fibs below
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Attached Image
Trader with an Edge.
  • #726,059
  • Feb 3, 2023 7:17am Feb 3, 2023 7:17am
Protect your position nfp @2:30 pm..
My telegram: https://t.me/avidforex
  • #726,060
  • Feb 3, 2023 7:19am Feb 3, 2023 7:19am
Quoting DrDave
{quote} For me, this has already progressed to being the H2 retracing the H8 with down continuation to follow.
ok same thing then.
Follow The Markets Structure - Patience and Discipline
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