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Cable Update (GBPUSD)

  • #744,201
  • May 4, 2023 9:34am May 4, 2023 9:34am
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Cable just ranging at the top of this channel, I think either:

  1. It will carry on ranging
  2. Or with the number of touches on the top trendline, it will weaken and breakout up;

  1. supporting idea 2, the S&P is bouncing from support
  2. maybe we will see some correction in the correlation between the two

  • #744,202
  • May 4, 2023 9:35am May 4, 2023 9:35am
another big try
Dont let me down boys, this is a key Resistance
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  • #744,203
  • May 4, 2023 9:42am May 4, 2023 9:42am
Quoting Whale
another big try Dont let me down boys, this is a key Resistance {image}
added another one at 1.2598
same stop.

any spike up and im dead
  • #744,204
  • May 4, 2023 9:44am May 4, 2023 9:44am
Quoting Whale
another big try Dont let me down boys, this is a key Resistance {image}
They are playing with the limits right now. It opens the possibility of a spike liquidity hunt. Perfect if you time it right, hurts if you get it wrong!
  • #744,205
  • May 4, 2023 9:45am May 4, 2023 9:45am
Just got an email from Microsoft with the subject May the Forth be with You.
  • #744,206
  • May 4, 2023 9:48am May 4, 2023 9:48am
Quoting dantpm
{quote} They are playing with the limits right now. It opens the possibility of a spike liquidity hunt. Perfect if you time it right, hurts if you get it wrong!
I hope chart will speak for me
  • #744,207
  • May 4, 2023 9:48am May 4, 2023 9:48am
Quoting dantpm
Just got an email from Microsoft with the subject May the Forth be with You.
phishing!
  • #744,208
  • May 4, 2023 9:49am May 4, 2023 9:49am
Look at this path that GU is traveling on M1. Who would be making sell entries under such condition???
Attached Image (click to enlarge)
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To free Gazans of Hamas, use whatever it takes.
  • #744,209
  • May 4, 2023 9:52am May 4, 2023 9:52am
Short GU @ 2594 to target 2550 levels. Stops @ 2632 levels.

the trade will be closed with a minimal loss in a hunt of a higher price to short if USD breaks current support.

Final play of the day and might just hold this into Asia if price behaves
  • #744,210
  • May 4, 2023 9:54am May 4, 2023 9:54am
Quoting Whale
Quoting dantpm
Just got an email from Microsoft with the subject May the Forth be with You.
phishing!
That one from Microsft is just trying to redirect you to this Forth.
To free Gazans of Hamas, use whatever it takes.
  • #744,211
  • May 4, 2023 9:55am May 4, 2023 9:55am
Quoting DrDave
Look at this path that GU is traveling on M1. Who would be making sell entries under such condition???{image}
me
  • #744,212
  • May 4, 2023 10:00am May 4, 2023 10:00am
Quoting DrDave
Look at this path that GU is traveling on M1. Who would be making sell entries under such condition???{image}
I see many trades sell and buy here, why dont you trade they?
People don't plan to lose. They lose because they don't plan.
  • #744,213
  • May 4, 2023 10:06am May 4, 2023 10:06am
Quoting DrDave
{quote}{quote} That one from Microsft is just trying to redirect you to this Forth.
Pretty sure they were just trying to sell me shit.
  • #744,214
  • May 4, 2023 10:06am May 4, 2023 10:06am
dx and gbp update
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Trendlines H1,H4, SMC
  • #744,215
  • May 4, 2023 10:06am May 4, 2023 10:06am
Quoting Whale
another big try Dont let me down boys, this is a key Resistance {image}
It shall break. Lol... don't mind me. Just what I think. The round number is inviting me to short it but I an trying hard to resist the temtaton because I don't see any physical reason to short it.
  • #744,216
  • May 4, 2023 10:09am May 4, 2023 10:09am
there was a EUR/JPY dump

I expect there to be a big EUR/USD and GBP/USD dump soon since the market is on drugs
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #744,217
  • May 4, 2023 10:10am May 4, 2023 10:10am
Quoting Mitiblotch
{quote} It shall break. Lol... don't mind me. Just what I think. The round number is inviting me to short it but I an trying hard to resist the temtaton because I don't see any physical reason to short it.
Im using other techniques.. the RN zone is a bonus.
do your thing bro, patience is better.. i dont have it right now.
  • #744,218
  • May 4, 2023 10:13am May 4, 2023 10:13am
I wont fall for the temptation to short. Long 2591. TP 2650
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  • #744,219
  • May 4, 2023 10:27am May 4, 2023 10:27am
Quoting Mitiblotch
{quote} It shall break. Lol... don't mind me. Just what I think. The round number is inviting me to short it but I an trying hard to resist the temtaton because I don't see any physical reason to short it.
Miti, if you look harder, you can always find something to confirm your bias...Here is the chart with the channel plus, GU can make today the NR7 bar, so tomorrow those who chose the right side of the market can be big winners. Easy peasy, lemon squeezy.
Attached Image (click to enlarge)
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Always trade your own plan...I don't provide trading signals.
  • #744,220
  • May 4, 2023 10:35am May 4, 2023 10:35am
Quoting Coreg2004
{quote} Miti, if you look harder, you can always find something to confirm your bias...Here is the chart with the channel plus, GU can make today the NR7 bar, so tomorrow those who chose the right side of the market can be big winners. Easy peasy, lemon squeezy. {image}
Your charts are bliss. Lol... I hope it goes my way.
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