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Cable Update (GBPUSD)

  • #739,401
  • Apr 5, 2023 5:57am Apr 5, 2023 5:57am
First bastet 2300 bucks in asia.

Second around 3500 bucks

Third 1500 bucks.

Fourth : Around 750 bucks

Now no trades open.
Intraday only.
  • #739,402
  • Apr 5, 2023 6:09am Apr 5, 2023 6:09am
Quoting navk
First bastet 2300 bucks in asia. Second around 3500 bucks Third 1500 bucks. Fourth : Around 750 bucks Now no trades open.
  • #739,403
  • Apr 5, 2023 6:12am Apr 5, 2023 6:12am
What do I know not so much but I have this analysis I believe it might come to be real so I sold GU @ 1.24682
TP 1.23900
Attached Image (click to enlarge)
Click to Enlarge Name: IMG-20230405-WA0045.jpg Size: 48 KB
  • #739,404
  • Apr 5, 2023 6:15am Apr 5, 2023 6:15am
Quoting AlfieSolomon
Now short takeprofit 1.246 {image}
takeprofit hit +28 pips
  • #739,405
  • Apr 5, 2023 6:21am Apr 5, 2023 6:21am
Quoting karankeni
Still new at EWT but if current positions hold we might be in a retrace and in abc formation {image}
This is a good book to get Karankeni, sorry i dont have the pdf for it
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 1.9 MB
  • #739,406
  • Apr 5, 2023 6:31am Apr 5, 2023 6:31am
I do not want to chase the price.
Done now. Will check in NY
Intraday only.
  • #739,407
  • Apr 5, 2023 6:39am Apr 5, 2023 6:39am
Sell above 2490 (2490X todays equilibrium)

im still holding my sell from 2510

will add more

target unknown, main is 2160 but a long way for straight trade.
  • #739,408
  • Apr 5, 2023 6:44am Apr 5, 2023 6:44am
Quoting T721
{quote} This is a good book to get Karankeni, sorry i dont have the pdf for it {image}
Sure if you want to mind fuck the poor person. I have a better suggestion ... grab a notepad and pen and pencil and make as many notes on ALL the different forms you notice as an instrument reverses. Make note of how big the reversal is, how LONG it lasts. (secret little tip there). The time any reversal point takes will in turn correspond to its finality. EW is based on something that doesn't keep in mind real life and how real life can change. You can sit there and count waves (cards) if you want, but there's no finesse to it. Same goes for GBPUSD. Sideways is tradable. If you're not then ask why not. Is it because you don't understand what's happening or, just don't know what to do with it.

Peter
Real Trading is not gambling.
  • #739,409
  • Apr 5, 2023 7:01am Apr 5, 2023 7:01am
Quoting Whale
Sell above 2490 (2490X todays equilibrium) im still holding my sell from 2510 will add more target unknown, main is 2160 but a long way for straight trade.
1.2160 is realistic this month as 1.2760 also connects to 1.2160 with an expected range of 600 pips....
Data + Stat + Risk/Emotions Management
  • #739,410
  • Apr 5, 2023 7:10am Apr 5, 2023 7:10am
Quoting navk
First bastet 2300 bucks in asia. Second around 3500 bucks Third 1500 bucks. Fourth : Around 750 bucks Now no trades open.
bravo and congratulate for such awsome result
  • #739,411
  • Apr 5, 2023 7:31am Apr 5, 2023 7:31am
Gold hmm, risking more short 2029 no SL no TP
People don't plan to lose. They lose because they don't plan.
  • #739,412
  • Apr 5, 2023 7:38am Apr 5, 2023 7:38am
I'm looking to short around 1.09679 EU
  • #739,413
  • Apr 5, 2023 7:45am Apr 5, 2023 7:45am
With this not so good data from USD no Storm? No more up?
Thats saying one to me, time for some correction, I could be wrong too, trade safe!
People don't plan to lose. They lose because they don't plan.
  • #739,414
  • Apr 5, 2023 7:48am Apr 5, 2023 7:48am
Lets see if ism data can take GU a bit down
  • #739,415
  • Apr 5, 2023 7:52am Apr 5, 2023 7:52am
Quoting eyefeelsix
{quote} slightly failure the zone.. but that's ok with me, I always anticipate the movement with an if and or {image}
in-out for the day, Imb filled in the end..
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 25 KB
https://breakpullback.com
  • #739,416
  • Apr 5, 2023 7:57am Apr 5, 2023 7:57am
buy limit set at 1.245, stop loss under 1.243, target 1.253+

i might buy before the red data today as I expect it to be poor

ISM Services PMI should show that inflation is on the decline
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #739,417
  • Apr 5, 2023 7:58am Apr 5, 2023 7:58am
Quoting T721
{quote} This is a good book to get Karankeni, sorry i dont have the pdf for it {image}
This one.
Attached File(s)
File Type: pdf dokumen.tips_droke-clif-elliott-wave-simplified.pdf   9.7 MB | 267 downloads
  • #739,418
  • Apr 5, 2023 8:06am Apr 5, 2023 8:06am
Considering a long here from 2486, H1, Correction seems to have finished with a break above.

D1 inside bar so nothing has changed dramatically

The H4 LH,LL seems a bit all over the place, does not look like a corrective pattern i recognise
Follow The Markets Structure - Patience and Discipline
  • #739,419
  • Apr 5, 2023 8:10am Apr 5, 2023 8:10am
Quoting pipfarm
Considering a long here from 2486, H1, Correction seems to have finished with a break above. D1 inside bar so nothing has changed dramatically The H4 LH,LL seems a bit all over the place, does not look like a corrective pattern i recognise
@Beetogether, is there an automatic like button or something, every time i post you like it
Follow The Markets Structure - Patience and Discipline
  • #739,420
  • Apr 5, 2023 8:11am Apr 5, 2023 8:11am
Quoting dantpm
{quote} This one. {image}
Elliott waves will drive you crazy, in any case you can condense elliott wave swings into what i call the truth swing.
Follow The Markets Structure - Patience and Discipline
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