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Cable Update (GBPUSD)

  • #740,301
  • Apr 11, 2023 12:47am Apr 11, 2023 12:47am
price on very strong weekly / monthly support , waiting h4 close over 2407/better 10 to restart bull for previous top to target 2666 ++ possible . daily previous 2447 broken and corrected enough and still may if necessary to 2354 to up ok ! anyway weekly ranges goes to 2227 to 2615 still! lets see
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #740,302
  • Apr 11, 2023 1:11am Apr 11, 2023 1:11am
Quoting Pat Chiko
{quote} GU Time taken for refuelling is too long for this rocket to fire up........... {image}

GU

Taken out the LQ zone.
Next move is to take out the CP zone.

This set up based on A LRLR will have clean highs or lows.
This example it means there's a large pool of liquidity resting above the Clean Highs/EQHs.
This is where retail traders are placing their stops and smart money will look to take out these stops.

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: LRLR.png Size: 17 KB

EDIT : LRLR = Low Resistance Liquidity Run
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #740,303
  • Apr 11, 2023 1:13am Apr 11, 2023 1:13am
Quoting Ayax.TSS
#GBPUSD / H4 {image}
Nice Charting Ayax,
Appreciate for you to share those marked up chart with newbie like me.

Keep it coming, I'm learning for it.

Sincrely,
PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #740,304
  • Apr 11, 2023 1:18am Apr 11, 2023 1:18am
Quoting Pat Chiko
{quote} GU Taken out the LQ zone. Next move is to take out the CP zone. This set up based on A LRLR will have clean highs or lows. This example it means there's a large pool of liquidity resting above the Clean Highs/EQHs. This is where retail traders are placing their stops and smart money will look to take out these stops. {image} {image}
Enviable trading track.
Just follow the trend.
  • #740,305
  • Apr 11, 2023 1:20am Apr 11, 2023 1:20am
Short in at 1.2411
Don't trade what you think. Just what you see!!!
  • #740,306
  • Apr 11, 2023 1:20am Apr 11, 2023 1:20am
Quoting Pat Chiko
{quote} GU Taken out the LQ zone. Next move is to take out the CP zone. This set up based on A LRLR will have clean highs or lows. This example it means there's a large pool of liquidity resting above the Clean Highs/EQHs. This is where retail traders are placing their stops and smart money will look to take out these stops. {image} {image}
Hello Sir,
my VAP method tells me that price is done settling all the transactions for Friday and Monday.

I think it should be ready to sell to 1.23022 or even lower today.
  • #740,307
  • Apr 11, 2023 1:24am Apr 11, 2023 1:24am
Quoting pipcenturion
{quote} Hello Sir, my VAP method tells me that price is done settling all the transactions for Friday and Monday. I think it should be ready to sell to 1.23022 or even lower today.
Am looking at Ayax chart above as I agree price is making next w.x.y move at LO.

BTW, I have to wait for LO to start looking for possible set up.

Thanks for sharing your view on this.

Best Wishes
PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #740,308
  • Apr 11, 2023 1:27am Apr 11, 2023 1:27am
Quoting ScalaFX
{quote} TP hit + 55, now sell 2410 stop 2440 TP open, risky trade!
No way it is risky.......... look like greedy trades...... Leave some to me Bro, don't take every pips from this move.
I havent eaten the whole day today. Have mercy.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #740,309
  • Apr 11, 2023 1:37am Apr 11, 2023 1:37am
Quoting Pat Chiko
{quote} GU Taken out the LQ zone. Next move is to take out the CP zone. This set up based on A LRLR will have clean highs or lows. This example it means there's a large pool of liquidity resting above the Clean Highs/EQHs. This is where retail traders are placing their stops and smart money will look to take out these stops. {image} {image} EDIT : LRLR = Low Resistance Liquidity Run
cont/-

GU

LRLR is if there are EQH/Ls & multiple highs/lows lined up in a row (Trendline Liquidity).
The Strat traders call Pivot Machine Gun (PMG).
It's called PMG because the algorithm spools higher like a machine gun triggering stop losses to get taken out.

Attached Image (click to enlarge)
Click to Enlarge Name: Strat Combo.jpg Size: 100 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #740,310
  • Apr 11, 2023 1:37am Apr 11, 2023 1:37am
Quoting Pat Chiko
{quote} No way it is risky.......... look like greedy trades...... Leave some to me Bro, don't take every pips from this move. I havent eaten the whole day today. Have mercy.
Poor Boy! hope you make some money today
People don't plan to lose. They lose because they don't plan.
  • #740,311
  • Apr 11, 2023 1:40am Apr 11, 2023 1:40am
Quoting ScalaFX
{quote} Poor Boy! hope you make some money today
I hope so, to get some money by Ifftar.
It has been past 20 day and 10 days to go for fasting.....
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #740,312
  • Apr 11, 2023 1:55am Apr 11, 2023 1:55am
Quoting Pat Chiko
{quote} I hope so, to get some money by Ifftar. It has been past 20 day and 10 days to go for fasting.....
wish you luck! Happy fasting!
People don't plan to lose. They lose because they don't plan.
  • #740,313
  • Apr 11, 2023 1:57am Apr 11, 2023 1:57am
Below 1.24045 the sellers will begin to party.

That's the line in the sand for now.
  • #740,314
  • Apr 11, 2023 1:59am Apr 11, 2023 1:59am
fuck this crooky pair
switched to short eu
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.png Size: 27 KB
yes yes yes
  • #740,315
  • Apr 11, 2023 2:02am Apr 11, 2023 2:02am
Quoting pipcenturion
Below 1.24045 the sellers will begin to party. That's the line in the sand for now.
243x will be nice QM for continuation have a pending short there
People don't plan to lose. They lose because they don't plan.
  • #740,316
  • Apr 11, 2023 2:05am Apr 11, 2023 2:05am
Quoting ScalaFX
{quote} 243x will be nice QM for continuation have a pending short there
Okay, that's nice.

VAP seems to have put in the highest price for today already.

But one can never tell, the market may favour you.
  • #740,317
  • Apr 11, 2023 2:11am Apr 11, 2023 2:11am
Quoting pipcenturion
{quote} Okay, that's nice. VAP seems to have put in the highest price for today already. But one can never tell, the market may favour you.
Yesterday you suggested that 1.244 ish was a good target for a turnaround. That target was touched but at a point in time when most of the markets were closed. Isn't it pretty likely to touch it again before the reversal? A message consistency thing.
  • #740,318
  • Apr 11, 2023 2:11am Apr 11, 2023 2:11am
Quoting Bryan5229
This week close is very important on weekly chart. Dollar index could fall to $94, that's only if the weekly reversal does work out.
Weekly chart failed to close above resistance, sending price into range on weekly.
Plan your trades and trade your plan.
  • #740,319
  • Apr 11, 2023 2:13am Apr 11, 2023 2:13am
Quoting pipcenturion
{quote} Okay, that's nice. VAP seems to have put in the highest price for today already. But one can never tell, the market may favour you.
Touched
People don't plan to lose. They lose because they don't plan.
  • #740,320
  • Apr 11, 2023 2:17am Apr 11, 2023 2:17am
Quoting ScalaFX
{quote} Touched
You are a bad-ass trader!

Good work!
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