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Cable Update (GBPUSD)

  • #726,121
  • Feb 3, 2023 8:42am Feb 3, 2023 8:42am
I confident bulls will take over if no news today. 4H RSI need to reverse in order price to going up or further down more. Anyway we must follow news rules
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #726,122
  • Feb 3, 2023 8:42am Feb 3, 2023 8:42am
Average Hourly Earnings m/m revised from 0.3% to 0.4%...

Uff... Fed will like seeing this NFP..

Unemployment low, time to get that Inflation down!
  • #726,123
  • Feb 3, 2023 8:44am Feb 3, 2023 8:44am
Quoting Yngwie
I confident bulls will take over if no news today. 4H RSI need to reverse in order price to going up or further down more. Anyway we must follow news rules
ISM in 15M, could just be a retracement before another strike..
  • #726,124
  • Feb 3, 2023 8:54am Feb 3, 2023 8:54am
Quoting Robinhood1
{quote} Went short 0.8954. Target 0.8815 I am going to take a break before get told off for posting different pairs. Saludos
My mistake on that one, some swings are impulses with no swing subdivisions.

If the previous swing has dips then the last higher low dip would act as BOS, in the case where the swing is build from swings then the last higher low swing would act as BOS, i misjudged the dip , it should have been a break below 8874 as that was the low of the dip.

Anyway good luck.
Follow The Markets Structure - Patience and Discipline
  • #726,125
  • Feb 3, 2023 9:00am Feb 3, 2023 9:00am
Quoting pipfarm
{quote} My mistake on that one, some swings are impulses with no swing subdivisions. If the previous swing has dips then the last higher low dip would act as BOS, in the case where the swing is build from swings then the last higher low swing would act as BOS, i misjudged the dip , it should have been a break below 8874 as that was the low of the dip. Anyway good luck.
I am not refuting your scenario, in fact I do not understand all those acronyms. I am using you as an accomplice so that the administrator cannot censor me as he has done in the past. It seems that i am disliked by a few members me posting. Thanks and take care.
POSTMASTER
  • #726,126
  • Feb 3, 2023 9:03am Feb 3, 2023 9:03am
Quoting SnailFX
{quote} ISM in 15M, could just be a retracement before another strike..
No Buy today.
  • #726,127
  • Feb 3, 2023 9:06am Feb 3, 2023 9:06am
Quoting Robinhood1
{quote} I am not refuting your scenario, in fact I do not understand all those acronyms. I am using you as an accomplice so that the administrator cannot censor me as he has done in the past. It seems that i am disliked by a few members me posting. Thanks and take care.
Ok no problem, not everyone likes everyone, that is life.

Bos is Break of structure
RT is retest

example from today

Look at the previous swing down , same thing only swing break retest

Attached Image (click to enlarge)
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Follow The Markets Structure - Patience and Discipline
  • #726,128
  • Feb 3, 2023 9:07am Feb 3, 2023 9:07am
Quoting Whale
1.214 to around 1.208
I cancelled it but it was almost perfect.

i have just made my daily target and i dont want to over trade on Friday.
  • #726,129
  • Feb 3, 2023 9:09am Feb 3, 2023 9:09am
Quoting SnailFX
{quote} No Buy today.
I added to my longs @1.2065 .

Cheers
Guy
  • #726,130
  • Feb 3, 2023 9:10am Feb 3, 2023 9:10am
Quoting Limying
Continue short with a small position. Bottom is not reach yet
Closed short with another small profit
  • #726,131
  • Feb 3, 2023 9:12am Feb 3, 2023 9:12am
Quoting Guy1969
{quote} I added to my longs @1.2065 . Cheers Guy
Brave soul! GL!
  • #726,132
  • Feb 3, 2023 9:13am Feb 3, 2023 9:13am
Crazy testing Long 1.2065 SL 1.2040
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #726,133
  • Feb 3, 2023 9:16am Feb 3, 2023 9:16am
Gbpchf - buy
SL - 1.11155
source - Gol D
grade - very good
Attached Image (click to enlarge)
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  • #726,134
  • Feb 3, 2023 9:16am Feb 3, 2023 9:16am
Quoting SnailFX
{quote} Brave soul! GL!
There was an imbalance just above that level @1.2078 on the Daily that just got filled.

Cheers
Guy
  • #726,135
  • Feb 3, 2023 9:22am Feb 3, 2023 9:22am
Attached Image (click to enlarge)
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yes yes yes
  • #726,136
  • Feb 3, 2023 9:26am Feb 3, 2023 9:26am
Quoting W0lfram
{quote} nice. 1.2075 next weekly poc{image}
After pulbacks my newb expectation ~1.194 next week, where another weekly and daily POCs are located
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Air force
  • #726,137
  • Feb 3, 2023 9:28am Feb 3, 2023 9:28am
The 60 $ system is back !!!
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yes yes yes
  • #726,138
  • Feb 3, 2023 9:36am Feb 3, 2023 9:36am
Quoting Mitiblotch
{quote} I should give update about this trade. I became so busy and just checked yesterday. So price came down and took out my SL at 2284 and then went up to hit my desired 2450 and almost 2500 and now price has crashed again. I took a 100 pip loss. I was in profit many times and should have banked but left it untended. I still believe the dollar will get weak. I have put my fibs and will wait to buy at around 38.6% of the rise. Beetogether, I have been posted to University Hospital in a placed called Hairmyres Eastkilbride. Just busy this period...
TP hit at 129.70. That's +100. Even though I made huge profit from this trade I feel bad. I felt like not putting TP but didn't listen to my heart. I would have made extra 100 pips. Well... as for GU watch it. I will be looking to buy at 38.6 retracement of the rise.

My seniors/ tutors released me now from the clinic, which is 2 hours before the normal time. They were nice today. Saw lots of patients. Feels good to be going earlier for the weekend. Hope you guys made some profit today?
  • #726,139
  • Feb 3, 2023 9:38am Feb 3, 2023 9:38am
Quoting catch22
can anyone explain who are these guys and why do they have that red badge on them? {image}
Interesting responses. So, noone actually knows and noone cares either? You should.
  • #726,140
  • Feb 3, 2023 9:43am Feb 3, 2023 9:43am
Quoting catch22
{quote} Interesting responses. So, noone actually knows and noone cares either? You should.
https://www.forexfactory.com/members...ighimpact#list
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