Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#749,201
Jun 2, 2023 5:47am Jun 2, 2023 5:47am

Fardeen1209
Temporarily Suspended | Joined Jul 2021 | 3,677 Posts

Experienced wyckoff traders can you please tell if this is a distribution or Re-accumulation?

More time in the market, does not mean you trade better!

#749,202
Jun 2, 2023 5:56am Jun 2, 2023 5:56am

FulMargnAlch
Joined Aug 2022 | Status: Sacred Geometry | 805 Posts

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The market hides a perfect geometry.

#749,203
Jun 2, 2023 6:09am Jun 2, 2023 6:09am

ForexGoose
Joined Dec 2021 | Status: hungry for pizza & burgers | 2,542 Posts

Quoting ForexGoose

Disliked

{quote} i think that 1.253 is the top before the NFP report {image} i don't know if it can reach 1.261 {image}

Ignored

took profit at 1.253 before the NFP report

buy stop order placed at 1.255, stop under 1.253, target 1.261+

don't believe in mumbo jumbo from gurus & charlatans, don't pay them money

#749,204
Jun 2, 2023 6:41am Jun 2, 2023 6:41am

Bella.al
| Membership Revoked | Joined Oct 2022 | 12,229 Posts

Pre-Trading Analysis : GBPUSD
Date : 02.06.2023
GMT Time : 11:40

I re-checked my charts after 5 hours and nothing much has changed since my last post . Still trying to break above 1.25442 level.
Possible HH above a 4Hr close 1.25442. My Trading time frame 15TF is slowly turning into Sell Mode for now , but 4Hrs is Bullish.

Bella's Trend Trigger

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Bella's GMT Switch

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Goddess of Thunder..

#749,205
Jun 2, 2023 6:46am Jun 2, 2023 6:46am

Robinhood1
Joined Dec 2011 | Status: Postmaster | 11,928 Posts

Quoting Robinhood1

Disliked

Cable's target on a swing mode could rest beyond 1.3000. Actual target: 1.30068 It is Rising 20 pips every 24 hours excluding weekends.

Ignored

Possible retracement to around 1.2365

POSTMASTER

#749,206
Jun 2, 2023 6:49am Jun 2, 2023 6:49am

Fardeen1209
Temporarily Suspended | Joined Jul 2021 | 3,677 Posts

Quoting Bella.al

Disliked

Pre-Trading Analysis : GBPUSD Date : 02.06.2023 GMT Time : 11:40 I re-checked my charts after 5 hours and nothing much has changed since my last post . Still trying to break above 1.25442 level. Possible HH above a 4Hr close 1.25442. My Trading time frame 15TF is slowly turning into Sell Mode for now , but 4Hrs is Bullish. Bella's Trend Trigger {image} Bella's GMT Switch {image}

Ignored

4hr already developing a bearish engulfing candlestick. We just need a close to confirm the bearish

More time in the market, does not mean you trade better!

#749,207
Jun 2, 2023 6:51am Jun 2, 2023 6:51am

dantpm
Joined Aug 2022 | Status: Trader | 4,859 Posts

Quoting Fardeen1209

Disliked

{quote} 4hr already developing a bearish engulfing candlestick. We just need a close to confirm the bearish

Ignored

That's a pretty flat bearish candle right now

#749,208
Jun 2, 2023 6:52am Jun 2, 2023 6:52am

ScalaFX
Joined May 2021 | Status: Trader | 7,225 Posts

Quoting Robinhood1

Disliked

{quote} Possible retracement to around 1.2365

Ignored

we were there already

People don't plan to lose. They lose because they don't plan.

#749,209
Jun 2, 2023 6:59am Jun 2, 2023 6:59am

BeeTogether
Joined Oct 2020 | Status: Trader | 14,017 Posts

Quoting dantpm

Disliked

{quote} That's a pretty flat bearish candle right now

Ignored

looks like a small liquidity grab before data on just over 30mins. If it stays this way then SL at b/e not 12510 not enough

Insane in the Brain..

#749,210
Jun 2, 2023 6:59am Jun 2, 2023 6:59am

dantpm
Joined Aug 2022 | Status: Trader | 4,859 Posts

Quoting ScalaFX

Disliked

{quote}we were there already

Ignored

That would wipe of the gains from the last week!

#749,211
Jun 2, 2023 7:01am Jun 2, 2023 7:01am

Fardeen1209
Temporarily Suspended | Joined Jul 2021 | 3,677 Posts

Quoting dantpm

Disliked

{quote} That's a pretty flat bearish candle right now

Ignored

Thats aint falt imo

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What ever happen, i have some shorts since yesterday waiting for wave 4, the risk is the above unfilled FVG with a 21 pips range, place my stops at 30pips.
I'm okay with both result either TP or SL.
Going to play PUBG need to push for Conqueror missed my chance to make it through the first top 500 on the first 3 days of the new season

More time in the market, does not mean you trade better!

#749,212
Jun 2, 2023 7:08am Jun 2, 2023 7:08am

dantpm
Joined Aug 2022 | Status: Trader | 4,859 Posts

Quoting BeeTogether

Disliked

{quote} looks like a small liquidity grab before data on just over 30mins. If it stays this way then SL at b/e not 12510 not enough

Ignored

Interesting indicator from the Metatrader marketplace called ZigZag NEW, ignore the % label in the indicator, instead what is tracked is points between pivots and cumulative volume between pivots. The pivots higher have lighter volume this am than the pivots lower.

#749,213
Jun 2, 2023 7:11am Jun 2, 2023 7:11am

BeeTogether
Joined Oct 2020 | Status: Trader | 14,017 Posts

Quoting dantpm

Disliked

{quote} Interesting indicator from the Metatrader marketplace called ZigZag NEW, ignore the % label in the indicator, instead what is tracked is points between pivots and cumulative volume between pivots. The pivots higher have lighter volume this am than the pivots lower.

Ignored

cheers.. lower volume to me shows this baby is ready to dump.. will check out the MetaTrader app

Insane in the Brain..