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Cable Update (GBPUSD)

  • #729,481
  • Feb 16, 2023 8:05am Feb 16, 2023 8:05am
Quoting JereMi256
{quote} Stopped out
Re-entry long @1.1988

SL 1.1976
Face 'ur fears & tame 'ur greed
  • #729,482
  • Feb 16, 2023 8:09am Feb 16, 2023 8:09am
Added short position
1.19650 will be today by hook or by crooxk
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yes yes yes
  • #729,483
  • Feb 16, 2023 8:09am Feb 16, 2023 8:09am
I think it can't go any lower
  • #729,484
  • Feb 16, 2023 8:09am Feb 16, 2023 8:09am
Quoting palpite
buy - 1.1997 stop loss - 1.1970
I entered the trade a little bit earlier at 1.2000. SL 40 pips. New 4 hour candle being formed, expecting the price to retrace at least 1.2034 and potentially 1.2070 with this candle.
  • #729,485
  • Feb 16, 2023 8:10am Feb 16, 2023 8:10am
Quoting Moty
Added short position 1.19650 will be today by hook or by crooxk {image}
Agree
  • #729,486
  • Feb 16, 2023 8:11am Feb 16, 2023 8:11am
Quoting pipfarm
This is a short trap, H1 has not completed the corrective swing up {image} {image}
Failed to close below the H1 Low, QM, WYKOFF, EXP FLAT, trap the shorts , give it a couple of hours it will break the 2075 level.
Follow The Markets Structure - Patience and Discipline
  • #729,487
  • Feb 16, 2023 8:12am Feb 16, 2023 8:12am
bears are not ready for the drop (yet)
not this week, next week or the one after.
  • #729,488
  • Feb 16, 2023 8:13am Feb 16, 2023 8:13am
Shorts paying and will pay off even further, it is clear USD according to the data, is bullish.
Master your mind. Master Trading.
  • #729,489
  • Feb 16, 2023 8:13am Feb 16, 2023 8:13am
Quoting pipfarm
{quote} Failed to close below the H1 Low, QM, WYKOFF, EXP FLAT, trap the shorts , give it a couple of hours it will break the 2075 level.
can you explain this amazing post with chart?
  • #729,490
  • Feb 16, 2023 8:14am Feb 16, 2023 8:14am
1950 is Strong support, Price is expected to test. Lets' see it Breaks or price reverses. If support fails next destination will be 22500-23000 area.
Attached Image (click to enlarge)
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  • #729,491
  • Edited 8:37am Feb 16, 2023 8:15am | Edited 8:37am
GU will not strengthen until Uchf finishes its impulse which is at this moment, under pressure but eventually sucumb
POSTMASTER
  • #729,492
  • Feb 16, 2023 8:15am Feb 16, 2023 8:15am
Quoting Indigo45
1950 is Strong support, Price is expected to test. Lets' see it Breaks or price reverses. If support fails next destination will be 22500-23000 area. {image}
If we see fundamentals, price is going to reverse to North. I will be buying the dips.
(Thanks to ICT model... Price always respect key areas.)
  • #729,493
  • Feb 16, 2023 8:18am Feb 16, 2023 8:18am
USDJPY LONG

EQUILIBRIUM out weigh LIQUIDITY!
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My telegram: https://t.me/avidforex
  • #729,494
  • Feb 16, 2023 8:19am Feb 16, 2023 8:19am
Adding buy order at 11930
Insane in the Brain..
  • #729,495
  • Edited 8:40am Feb 16, 2023 8:24am | Edited 8:40am
Quoting BigNumbers
NZDUSD SHORT. I’m yet to recover from the cpi. {image}
NZDUSD SHORT EARLIER!

I have studied! and I want to be honest with you all.
Learn candle sticks and based your analysis only on the monthly time frame.
There is a way to reflect the monthly analysis on other tiny time frame; Learn it.

under wise you’ll keep losing your mind.
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  • #729,496
  • Feb 16, 2023 8:26am Feb 16, 2023 8:26am
Its my personal atr setup

this may not match everyone atr setup
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MY OPINION NOT FINANCIAL ADVISE
  • #729,497
  • Feb 16, 2023 8:29am Feb 16, 2023 8:29am
Quoting Whale
{quote} can you explain this amazing post with chart?
I am probably wrong, but D1 made a correction, H4 can see the 3 swings up, and then the swing down taking out the last higher low, i would of expected a correction after that higher low broke down but maybe we are still in that swing, if H4 makes a correction for sure i will take a short but at the current level i did not think it suitable for me.
Follow The Markets Structure - Patience and Discipline
  • #729,498
  • Feb 16, 2023 8:29am Feb 16, 2023 8:29am
Quoting DrDave
{quote} Monthly is the most correct TF Sorry, man, but every TF is "correct": There is no more a "most correct" TF than there is a "somewhat pregnant" woman.
the higher the timeframe the more reliable it is ..
thats what I have experienced.
regards mate.
  • #729,499
  • Feb 16, 2023 8:30am Feb 16, 2023 8:30am
Quoting Robinhood1
GU will not strengthen until Uchf finishes its impulse which is at this moment under pressure but eventually sucumb
From that moment, the 1.2400 to 1.1750 leg may come into play.
POSTMASTER
  • #729,500
  • Feb 16, 2023 8:30am Feb 16, 2023 8:30am
Quoting JereMi256
{quote} Re-entry long @1.1988 SL 1.1976
Stopped out.

No friend zone, time for a chill.
Face 'ur fears & tame 'ur greed
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