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Cable Update (GBPUSD)

  • #748,241
  • May 30, 2023 6:02am May 30, 2023 6:02am
fuck is it going?
Watching & Learning
  • #748,242
  • May 30, 2023 6:15am May 30, 2023 6:15am
Current situation GU H1 upwards

Current H1 swing is moving up with the H4 swing but the H4 swing is moving against the D1 swing which is down.

However H4 is trending upwards with three swings, a Low, High , Higher Low and HH .

Therefore it would seem that D1 is moving into a corrective phase against W1 or possibly the beginning of a continuation of the W1 swing up trend which is the M1 corrective upswing.

A bit of mixed bag direction wise so for me its a standby situation until there is some alignment in timeframes.
Follow The Markets Structure - Patience and Discipline
  • #748,243
  • May 30, 2023 6:22am May 30, 2023 6:22am
Once again it seems 12430 is a tough nut to crack.. if it does 2 bigger resistance areas are there 12460 and 12490. Both provided decent resistance recently.
Insane in the Brain..
  • #748,244
  • May 30, 2023 6:23am May 30, 2023 6:23am
Quoting shikz
{quote} No H1 breakout yet. just penetration. shorting from here to 139.487. my SL is the H1 breakout candle from 140.912. good luck
adjusting my TP to 139.700
  • #748,245
  • May 30, 2023 6:37am May 30, 2023 6:37am
I have a feeling that the CB consumer data is gonna favor the dollar in terms of price action
Exhausted
  • #748,246
  • May 30, 2023 6:42am May 30, 2023 6:42am
Quoting davelansing
{quote} Hi Rob, If you don't mind answering, how long were you in the GBPUSD trade, how many pips were you under, and how many trades were opened to average the price? This is a great trade to dissect with regards to the patience required, keeping a cool head while in drawdown, and the trade management decisions needed to pull the basket of trades into profit... Best, Dave
Hi Dave
Still underwater with my GU FF trades BE @ 1.1943, the one I was refering to was just an ad hoc trade just to show ninner I could make money going against his prediction, thanks ninner just brought myself a new motorbike with my winnings and a breakfast to boot...
  • #748,247
  • May 30, 2023 6:47am May 30, 2023 6:47am
Attached Image (click to enlarge)
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yes yes yes
  • #748,248
  • May 30, 2023 6:56am May 30, 2023 6:56am
Quoting shikz
{quote} adjusting my TP to 139.700
out with 75 pips. now watching
  • #748,249
  • May 30, 2023 6:58am May 30, 2023 6:58am
Quoting Moty
{image}
we are soulmate,floating 30 pips only to hunt 15 pips
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #748,250
  • Edited 7:24am May 30, 2023 6:59am | Edited 7:24am
Gold on steroids. wtf.
Gold bears are fking murdered.
Exhausted
  • #748,251
  • May 30, 2023 7:05am May 30, 2023 7:05am
Sell 2 added at 1.2435... target 1.2400 for both sell trades.
Data + Stat + Risk/Emotions Management
  • #748,252
  • May 30, 2023 7:12am May 30, 2023 7:12am
Quoting Mitiblotch
EU: I will add more buys below 0680. {image}
All buys, including the ones from 0683, closed here at 0746.
  • #748,253
  • May 30, 2023 7:16am May 30, 2023 7:16am
Quoting ForexGoose
went long at 1.236, stop under 1.23, target 1.245+ could be a fake bear on the 1 hour chart
take profit set at 1.253
Attached Image (click to enlarge)
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #748,254
  • May 30, 2023 7:25am May 30, 2023 7:25am
Buying dollar, short term scalp.
Gave up on gold. Bears gt murdered.
Exhausted
  • #748,255
  • May 30, 2023 7:27am May 30, 2023 7:27am
trapped..its hurt
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  • #748,256
  • May 30, 2023 7:32am May 30, 2023 7:32am
Quoting voeltoez
trapped..its hurt {image}
It should be retracing the bullish moves. If not we die together :')
Exhausted
  • #748,257
  • May 30, 2023 7:33am May 30, 2023 7:33am
It's going down now. It was picking up liquidity. Too bad I entered early cuz I was FOMO biat*h. I deserved it.
  • #748,258
  • May 30, 2023 7:36am May 30, 2023 7:36am
Quoting voeltoez
trapped..its hurt {image}
Started to short 1.2370... I even made a mistake because I was playing a shooter , currently almost out but I got 40% of my end position on extreme top, that was very good. 1.2426 I'm +/- 0. This was tough today. Position 1/3 left and I clean the book at 1.2426. This is really good I think. These days/moments show if you are good enough to survive the market.
  • #748,259
  • May 30, 2023 7:38am May 30, 2023 7:38am
Quoting JackintheBox
{quote} Started to short 1.2370... I even made a mistake because I was playing a shooter , currently almost out but I got 40% of my end position on extreme top, that was very good. 1.2426 I'm +/- 0. This was tough today. Position 1/3 left and I clean the book at 1.2426. This is really good I think. These days/moments show if you are good enough to survive the market.
I think today was tough for most ppl.
The market wasnt behaving as usual.
But high volume and volatility makes it easier to earn money i guess.
Exhausted
  • #748,260
  • May 30, 2023 7:38am May 30, 2023 7:38am
Quoting Pat Chiko
{quote} Can you teach me to speak Polish ?.{image} I need to find her. Very rare to see a women with generous heart. It's harder than ever. I'm seeing a lot of positive Polish posts lately. I think Polish person are down to earth and kind. Now it sounds like their country is clean and safe. Maybe I'll move to Poland from Malaysia.
dzien dobry, good day, guten tag,

first of your posts i liked - maybe you are not as bad as i thought, cause you are right: polish people are of direct speech, well grounded and honest. but NO one there would like your pro-putinist comments of the past. cease-fire?
fortis fortuna adiuvat
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