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Cable Update (GBP/USD) without Idiots 23 replies

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Cable Update (GBPUSD)

let's rock&roll with it...
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Relax, focus and trade what you see. Copyright
Come on mister rock
I know you can do it
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Quoting yumademe
1.24000 today?
Interesting......

But WHY ?. Any significant pattern chart TA or Fundamental derive from ?
Please share with us the "WHY" (me, especially , a newbie trying to learn)

Thank You

PAT
I come from the future.
in&out... daily high - 38.2 possible target... bounce of pivot...
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Relax, focus and trade what you see. Copyright
Quoting Pat Chiko
{quote} Interesting...... But WHY ?. Any significant pattern chart TA or Fundamental derive from ? Please share with us the "WHY" (me, especially , a newbie trying to learn) Thank You PAT
better go eat your food or Moty will eat it!!! He is a pig and hasnt eaten in weeks LOL
GM
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Inglorious scalper
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Relax, focus and trade what you see. Copyright
Quoting Pat Chiko
{quote} Interesting...... But WHY ?. Any significant pattern chart TA or Fundamental derive from ? Please share with us the "WHY" (me, especially , a newbie trying to learn) Thank You PAT
Imbalance zone around 1.24000 and at equilibrium fib 50-61, though highly unlikely.
I am also watching 1.23750 levels for my sell zone.

Just a newbie, don't follow me.
Consistency.
Quoting Pat Chiko
{quote} Hello MrFanciful, greeting to you. You observe, price never moves in a straight line, so on every impulse wave you will have corrective waves, you measure the force, you observe and assess if your analysis is still valid {image} Sometimes we do chicken out and pull out, but we have to be constantly perform objective market analysis. What happens if we were wrong? Do we just put a stop loss and bite the bullet? or do we average down close to market to get out b/e at a corrective wave? Do we hold for price to come back? It will all depend...
Sorry, I don't understand you at all. Which were the trade point yesterday and why? Only if you can read the chart, is possible to succeed.
Quoting Pat Chiko
{quote} GU Need to TP to buy lunch. Haven't eaten the whole day.{image}
GU

Closed all scalping position.

Waititng for N3 signal for Scalping SHORT
Waiting and waiting
While waititng, please tell me what do you think of this SHORT set up ?.
We may differ . but proactive and very objective in discussing
Or will price keep on going up to 1.25 ?
Story me a bit............

Thanks for your view.

PAT
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I come from the future.
Quoting maxi444
{quote} Sorry, I don't understand you at all. Which were the trade point yesterday and why? Only if you can read the chart, is possible to succeed.
I'm non native English speaker.

You have to be specific on that question.
If possible , enclosed chart, as I'm a very visual person.
I can read chart, as my English is very poor and broken.

Can you rephrase the question to make me understand what is your question.

Or anybody with good English's can help me to understand the question.
I'm a bit stupid and low in understanding English.

Thank you
I come from the future.
@Pat let see what the USD data will give us this morning.
The last few days we have seen the USD drop off in Asia and rally for the rest of the day with everything falling in line accordingly. Today the USD is struggling a bit to resume the pattern.
Quoting tradexyz
in&out... daily high - 38.2 possible target... bounce of pivot...{image}
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Relax, focus and trade what you see. Copyright
Quoting Pat Chiko
{quote} GU Closed all scalping position. Waititng for N3 signal for Scalping SHORT Waiting and waiting While waititng, please tell me what do you think of this SHORT set up ?. We may differ . but proactive and very objective in discussing Or will price keep on going up to 1.25 ? Story me a bit............ Thanks for your view. PAT{image}
Pat, @ current dly hi price is in a prev 4hr sw lo zone = prev supp = pot sbr that has been once disrespected as sbr, but also in a prev 30min sw hi zone, but overall I wouldn't call it potentially strong res, but anything can happen as we are in a 'general' downtrend on 1hr/4hr and dly will print a 2nd LL @ some point @ y/day's lo or lower. Also, price has good Uk retail sales behind it. See what PA does if reached. It would be the 2nd test of that prev 30min sw hi zone.

4hr below
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
Quoting Huntpips
@Pat let see what the USD data will give us this morning.
Thanks for the info.

The data will be important for this pair to move forward.
Market makers (MM) or smart money (SM) are starting to accumulate on both sides in anticipation of the data release.

MM are always a few steps ahead of us, so it is important to be aware of their activity.
Damn, ...anyone knows any MM or Hedge Fund Manager I can call ?.
(asking for a friend)
I come from the future.
Quoting Pat Chiko
{quote} I'm non native English speaker. You have to be specific on that question. If possible , enclosed chart, as I'm a very visual person. I can read chart, as my English is very poor and broken. Can you rephrase the question to make me understand what is your question. Or anybody with good English's can help me to understand the question. I'm a bit stupid and low in understanding English. Thank you
Trading points are the moments when you can sell or buy and win, quite simply. My problem isn't your language, it's your idea of forex.
Waiting.
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Consistency.
Quoting Pat Chiko
{quote} Thanks for the info. The data will be important for this pair to move forward. Market makers (MM) or smart money (SM) are starting to accumulate on both sides in anticipation of the data release. MM are always a few steps ahead of us, so it is important to be aware of their activity. Damn, ...anyone knows any MM or Hedge Fund Manager I can call ?. (asking for a friend)
MM i know only Money Management
-$3500,25/05/23 -$2905, 30/05/23 -$2097 31/05/23 -$1768
MC Master All Time Profit: -$3,587
This news is sending many into depression!

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Good for germany.


When businesses struggle, unemployment rises, and the cost of living shoots up.
I don't know what world the people who decide when a recession starts are living in, but if the shoe fits, wear it already.
I come from the future.
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