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Cable Update (GBPUSD)

  • #752,101
  • Jun 15, 2023 9:24am Jun 15, 2023 9:24am
Quoting DrDave
{quote} You must no have been following his postings. Look closely for 3, 6, 9 . . 12363 = 6
whats this voodoo?
You have an IQ lower than 90 if you interact with this user.
  • #752,102
  • Jun 15, 2023 9:26am Jun 15, 2023 9:26am
Quoting thevisitor
Sell at 1.2750
Yes TV,
1.27496 just below 1.2750 is also the multi year 61.8% Fib retrace. I will also look for bearish signals from there.
Cheers.
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Trade to trade another day
  • #752,103
  • Jun 15, 2023 9:26am Jun 15, 2023 9:26am
Quoting Robinhood1
{quote} Gbpusd Still waiting 1.2363 to go long no matter how high It climbs.
Why not shorting at confirmation to 1.2360??
  • #752,104
  • Jun 15, 2023 9:30am Jun 15, 2023 9:30am
Quoting DrDave
{quote} Look at the Daily. The 4hr. These charts will show you the true trend. LOL. Then continuing such logic, when I look at Monthly and Quarterly charts, I must be seeing the even "truer trend" rather than just the "true trend". And likewise, the 1-year and 5-year charts will give me the "mega-true trend". So those TFs below H4 then give me "untrue trends" = "false trends"??? Seriously now, EVERY TF has its own trend. Due to the fractal nature of financial time series, any pattern that you identify on one TF exists on EVERY TF. Therefore, if...
So what you are saying is that you can see one trend on the lower time frames, and another on the higher, and the patterns are all the same? I feel like that's what I said. How about this... If I start in New York and drive towards California, yet in Utah I take a detour to New Mexico. Have my travel plans changed? Or am I stopping at my cousin Ray Ray's for some much needed rest? Most of us start trading on the lower time frames. Scalping. As time goes on some move to higher TF's as our account can stand some drawdown. After all a scalping pattern on a monthly chart still looks the same as the 5m, but in this case it goes longer, and is called a swing trade.
Don't compare your trades to others. Most often the masses are the asses
  • #752,105
  • Jun 15, 2023 9:30am Jun 15, 2023 9:30am
Quoting AyoLouie07
Monthly TF shows clean area on left side to continue bull run to about 1.32 area. Todays trade is currently up 48 pips. Gonna take partials, move SL into profit and might hold this position as long as she'll go. I wanna practice holding like the institutions do. {image}

Beautiful continuation! Can we see 1.30!?
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  • #752,106
  • Jun 15, 2023 9:30am Jun 15, 2023 9:30am
Last position
May God with us
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #752,107
  • Jun 15, 2023 9:31am Jun 15, 2023 9:31am
1.2765/1.2780/1.2805
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #752,108
  • Jun 15, 2023 9:34am Jun 15, 2023 9:34am
My friends, its broken a resistance level, the massive candle right now shows that very clearly. We shall continue to see a bullish trend. Sellers should be careful..
  • #752,109
  • Edited 9:44am Jun 15, 2023 9:34am | Edited 9:44am
next level of interest 2754 , watching for reactions !no good signal before 2724 breaks down ! take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #752,110
  • Jun 15, 2023 9:34am Jun 15, 2023 9:34am
Quoting JereMi256
All eyes on Dxy for me today! This is the account blowing week, if we survive this wave, we are few steps closer to victors. +256 {image}
Ouch... blowing a DXY trade account sounds painful. Mine broker only allows .10 lots there. Money management is definitely the key. Saved me. For every 100 you have.. .01. Slow and steady..
Don't compare your trades to others. Most often the masses are the asses
  • #752,111
  • Jun 15, 2023 9:37am Jun 15, 2023 9:37am
Quoting Alevsky017
{quote} Whats your Motivation for 1.2363?
23 years learning
POSTMASTER
  • #752,112
  • Jun 15, 2023 9:38am Jun 15, 2023 9:38am
Quoting Georginson
I should not be selling this GU, I ought to be buying and yet caught on the selling side, I will have to exit my sell trades once price reaches 1.2594.. then I will buy for a target of 1.2640 then 1.2700 for the latter part of this week. Expected range this week is 215 pips. .. current range stands at 135 pips remaining 80 pips. 1.2487 + 215 pips = 1.2702. Above 1.2575 is pointing at 1.27 this week. Also noteworthy that we are in the last month of the second quarter with minimum expected range of 500 pips, so far it's done 406 pips (1.2274 - 1.2680)...
This is playing out as indicated here... Expect at least 190 pips retracement before further fuel to 1.2777 - 1.2880.
Data + Stat + Risk/Emotions Management
  • #752,113
  • Jun 15, 2023 9:39am Jun 15, 2023 9:39am
Quoting OBsayMkMoney
{quote} So what you are saying is that you can see one trend on the lower time frames, and another on the higher, and the patterns are all the same? I feel like that's what I said. How about this... If I start in New York and drive towards California, yet in Utah I take a detour to New Mexico. Have my travel plans changed? Or am I stopping at my cousin Ray Ray's for some much needed rest? Most of us start trading on the lower time frames. Scalping. As time goes on some move to higher TF's as our account can stand some drawdown. After all a scalping...
I just hope you are not trading in someone's name, or that you are teaching someone. We get what you are saying, but it turned out we are right and you are not. With that, you are still sticking to your story and not allowing yourself to maybe learn from it. The 4H is in a downtrend, ChoC happened, then BoS, BoS, valid retracement, and you are still sticking to your story.

Trade safe my guy. Wish you all the best!
  • #752,114
  • Jun 15, 2023 9:40am Jun 15, 2023 9:40am
Short 12747, SL 12767, TP open.
  • #752,115
  • Jun 15, 2023 9:41am Jun 15, 2023 9:41am
Quoting thevisitor
{quote} Why not shorting at confirmation to 1.2360??
Trend is bullish. Stupid makers can take It as high as they please while that figure to me is unpenetrable by Natural law. Its okay if you are not traded against as an advanced trader.
POSTMASTER
  • #752,116
  • Jun 15, 2023 9:42am Jun 15, 2023 9:42am
Decision time, hold 'em or fold 'em.
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Always trade your own plan...I don't provide trading signals.
  • #752,117
  • Jun 15, 2023 9:45am Jun 15, 2023 9:45am
Quoting Wavegarrick
{quote} Yes TV, 1.27496 just below 1.2750 is also the multi year 61.8% Fib retrace. I will also look for bearish signals from there. Cheers. {image}
Your system looks very good WG!
My trading based on sup/res , EWP ( not as good as Coreg) and Pivot..2 EMA's
Thank you and trade prosper!!
  • #752,118
  • Jun 15, 2023 9:46am Jun 15, 2023 9:46am
Quoting Coreg2004
Decision time, hold 'em or fold 'em. {image}
Walk away or run ...
  • #752,119
  • Jun 15, 2023 9:54am Jun 15, 2023 9:54am
Quoting dantpm
{quote} Walk away or run ...
dantpm, you know that I'm a bean counter...120%dailyATR hit and I'm out.
Always trade your own plan...I don't provide trading signals.
  • #752,120
  • Jun 15, 2023 9:55am Jun 15, 2023 9:55am
Quoting Wavegarrick
{quote} Update on my trades from yesterday. I am getting bullish hints from an hourly perspective. Cheers. {image}
Anyway Folks,
Forgive all my posts. I don't want to come across as overbearing. I will not post hereafter, I promise.
I have closed one of my trades from yesterday for a nice profit. One thing that is very important to understand is that price will not swing in a jiffy and needs to consolidate. I am not going to just short until I get proper confirmation signals. If this level goes we could easily see 1.30000 to end the second quarter of this year.
Trade safe.
Cheers.
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