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Cable Update (GBPUSD)

  • #737,561
  • Mar 23, 2023 9:04am Mar 23, 2023 9:04am
To all who want buy at this level, dont do this, we are in strong supply zone, till 2400 but we dont know exactly tuning point, but in my opinion this is better to sell GU than buying, always trust your analysis, this is not a trade proposal! I COULD be strongly wrong, cheers!🍀🙂
People don't plan to lose. They lose because they don't plan.
  • #737,562
  • Mar 23, 2023 9:09am Mar 23, 2023 9:09am
Quoting BeeTogether
{quote} im looking at 1min 15min and at price action. 12340-50 not cracked and rejected. On the other hand 12270 didn’t crack either and was rejected. It’s tested 123 a few times without breaking it but 12340 hasn’t been retested.
The 15 minute is going in the same direction as H1 so you should be looking at longs
Follow The Markets Structure - Patience and Discipline
  • #737,563
  • Mar 23, 2023 9:11am Mar 23, 2023 9:11am
Quoting ScalaFX
To all who want buy at this level, dont do this, we are in strong supply zone, till 2400 but we dont know exactly tuning point, but in my opinion this is better to sell GU than buying, always trust your analysis, this is not a trade proposal! I COULD be strongly wrong, cheers!🍀🙂
Do not sell buy buy buy
Follow The Markets Structure - Patience and Discipline
  • #737,564
  • Mar 23, 2023 9:12am Mar 23, 2023 9:12am
EUR, GBP above support, DX below R
Ready if the trend turns
Attached Image (click to enlarge)
Click to Enlarge Name: sd.jpg Size: 778 KB
Trendlines H1,H4, SMC
  • #737,565
  • Mar 23, 2023 9:14am Mar 23, 2023 9:14am
Quoting ScalaFX
To all who want buy at this level, dont do this, we are in strong supply zone, till 2400 but we dont know exactly tuning point, but in my opinion this is better to sell GU than buying, always trust your analysis, this is not a trade proposal! I COULD be strongly wrong, cheers!🍀🙂
You aren't IMO. We went strong last week going into FOMC when folks expected 50BP. Then the statement came out, and the dollar fizzled. We needed a correction, and we are getting it IMO. A little bit of downward action is warranted, and we will continue up. Bears are in form because the rate hike response is muted at best.
Don't compare your trades to others. Most often the masses are the asses
  • #737,566
  • Mar 23, 2023 9:16am Mar 23, 2023 9:16am
Supply and demand nonsense, demand is created after over supply and vice versa
Follow The Markets Structure - Patience and Discipline
  • #737,567
  • Mar 23, 2023 9:21am Mar 23, 2023 9:21am
Quoting pipfarm
Supply and demand nonsense, demand is created after over supply and vice versa
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH1.png Size: 42 KB
Follow The Markets Structure - Patience and Discipline
  • #737,568
  • Mar 23, 2023 9:23am Mar 23, 2023 9:23am
Quoting pipfarm
{quote} Do not sell buy buy buy
yl Yes, you can risk some just for some larger scalp max 100 pips
People don't plan to lose. They lose because they don't plan.
  • #737,569
  • Mar 23, 2023 9:25am Mar 23, 2023 9:25am
Quoting ScalaFX
{quote}yl Yes, you can risk some just for some larger scalp max 100 pips
Does that H1 not say demand in rising trend, the down move was over demand ,now price corrected demand appears . buy at discount sell at premium
Follow The Markets Structure - Patience and Discipline
  • #737,570
  • Mar 23, 2023 9:25am Mar 23, 2023 9:25am
Quoting OBsayMkMoney
{quote} You aren't IMO. We went strong last week going into FOMC when folks expected 50BP. Then the statement came out, and the dollar fizzled. We needed a correction, and we are getting it IMO. A little bit of downward action is warranted, and we will continue up. Bears are in form because the rate hike response is muted at best.
thanks for constructive response buddy💪🙂🍀 green pips !
People don't plan to lose. They lose because they don't plan.
  • #737,571
  • Mar 23, 2023 9:26am Mar 23, 2023 9:26am
Quoting pipfarm
{quote} Does that H1 not say demand in rising trend, the down move was over demand ,now price corrected demand appears . buy at discount sell at premium
this price is not at discount place, we can buy it at better price
People don't plan to lose. They lose because they don't plan.
  • #737,572
  • Mar 23, 2023 9:27am Mar 23, 2023 9:27am
Quoting Pat Chiko
{quote} Good call............. you need to put this as well.. {image}
As you know i am not a fan of yours but that gave me a chuckle. Keep up the good work and be yourself, whoever you are
Follow The Markets Structure - Patience and Discipline
  • #737,573
  • Mar 23, 2023 9:28am Mar 23, 2023 9:28am
Quoting ScalaFX
{quote}yl Yes, you can risk some just for some larger scalp max 100 pips
I would not call 100 pips a scalp, there are pros out there who struggle with 100 pips a week
Follow The Markets Structure - Patience and Discipline
  • #737,574
  • Mar 23, 2023 9:32am Mar 23, 2023 9:32am
Quoting pipfarm
{quote} I would not call 100 pips a scalp, there are pros out there who struggle with 100 pips a week
Pipfarm,
Call what you want to call it, scalp, rest of swing trade or one another, but I only want to say level from 23 till 24 is strong and buyers do better when hold for a moment and buy when this level can be SRF or risk money to take a sell, you know that🙂 everyone of course must make some homework and do what want to do, I just want to point out thats a crucial level now, thats it, green pips to you buddy!
People don't plan to lose. They lose because they don't plan.
  • #737,575
  • Mar 23, 2023 9:34am Mar 23, 2023 9:34am
We are in strong bull moovement, but every moovement can be done in one minute and reverse stronger that before..
People don't plan to lose. They lose because they don't plan.
  • #737,576
  • Mar 23, 2023 9:41am Mar 23, 2023 9:41am
Prise is compressed as hell I checked lower TFs, bounce strongly up ooorrrr... dump like a... I dont know who or what
People don't plan to lose. They lose because they don't plan.
  • #737,577
  • Mar 23, 2023 9:41am Mar 23, 2023 9:41am
Quoting ScalaFX
We are in strong bull moovement, but every moovement can be done in one minute and reverse stronger that before..
It all depends on where you start from, you see each swing is individual ,

based on Monthly weekly, daily, h4, h1, h15 price is going up, the only one that is pointing south is the yearly which suggest this whole move up is a corrective swing 3
Follow The Markets Structure - Patience and Discipline
  • #737,578
  • Mar 23, 2023 9:42am Mar 23, 2023 9:42am
Quoting Pat Chiko
{quote} Good call............. you need to put this as well.. {image}
looking for a buy at a nice lower price say 122? 😁
Insane in the Brain..
  • #737,579
  • Mar 23, 2023 9:43am Mar 23, 2023 9:43am
Quoting pipfarm
{quote} It all depends on where you start from, you see each swing is individual , based on Monthly weekly, daily, h4, h1, h15 price is going up, the only one that is pointing south is the yearly which suggest this whole move up is a corrective swing 3
you mean WAVE 3 after 2 before 4?🙂
People don't plan to lose. They lose because they don't plan.
  • #737,580
  • Mar 23, 2023 9:45am Mar 23, 2023 9:45am
Quoting ScalaFX
{quote} you mean WAVE 3 after 2 before 4?🙂
I mean c after a b
Follow The Markets Structure - Patience and Discipline
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