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Cable Update (GBPUSD)

  • #754,381
  • Jun 27, 2023 3:18am Jun 27, 2023 3:18am
Quoting pipfarm
Alignment trades CHFJPY H4/D1/H1 correction gave another good long trade in asian session EURJPY the same as above CADJPY the same as above NZDJPY the same as above
Could you show any of these on a graph what you mean by alignment?
  • #754,382
  • Jun 27, 2023 3:21am Jun 27, 2023 3:21am
dx wants 103
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yes yes yes
  • #754,383
  • Jun 27, 2023 3:28am Jun 27, 2023 3:28am
Quoting noox
{quote} Could you show any of these on a graph what you mean by alignment?

EURJPY - each timeframe has an overlay of the higher , i had it programmed by an IT expert, the overlay is not in the photos as i said before i am not giving that away.

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Follow The Markets Structure - Patience and Discipline
  • #754,384
  • Jun 27, 2023 3:29am Jun 27, 2023 3:29am
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yes yes yes
  • #754,385
  • Jun 27, 2023 3:30am Jun 27, 2023 3:30am
Quoting Moty
dx wants 103 {image}
I have a gap from the beginning of the week.
  • #754,386
  • Jun 27, 2023 3:31am Jun 27, 2023 3:31am
Break 1.2727X and create swing high below it is not the best situation for bulls.

watch it
  • #754,387
  • Jun 27, 2023 3:33am Jun 27, 2023 3:33am
Quoting Moty
{quote} switched to short {image} {image}
I’m with you on this moty
  • #754,388
  • Edited 5:06am Jun 27, 2023 3:34am | Edited 5:06am
Long 1.2727 SL 1.2710 (SL revised)
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #754,389
  • Jun 27, 2023 3:35am Jun 27, 2023 3:35am
Quoting pipfarm
{quote} EURJPY - each timeframe has an overlay of the higher , i had it programmed by an IT expert, the overlay is not in the photos as i said before i am not giving that away. {image} {image}
Very cool, solid proven trend following with small SLs and good upside opportunities. Now all one needs is patience to ride for hours or days...
  • #754,390
  • Jun 27, 2023 3:37am Jun 27, 2023 3:37am
Quoting BigNumbers
{quote} From a retailer’s point of view it is overstretched. CADJPY is likely going to do 1000 pips… from what the Algorithm is delivery but how ever, it is not going to be a straight line up. The market moves in waves. It will go up then pulls back to find support but When you look at the chart at the end of 3 months you’ll see a big uptrend.
do 1000 pips in which direction!?
You have an IQ lower than 90 if you interact with this user.
  • #754,391
  • Jun 27, 2023 3:39am Jun 27, 2023 3:39am
127 refuses to be broken 12750 not tested enough in the last few days and again seems quite solid too. We are approaching half year end too so maybe more than range play available
Insane in the Brain..
  • #754,392
  • Jun 27, 2023 3:40am Jun 27, 2023 3:40am
Quoting noox
{quote} Very cool, solid proven trend following with small SLs and good upside opportunities. Now all one needs is patience to ride for hours or days...
Not necessarily trend following as the system picks up swing three before a trend is even established in the HTF swing.

H1 trades rarely need to hold for days maybe H4 trades will hold for days
Follow The Markets Structure - Patience and Discipline
  • #754,393
  • Jun 27, 2023 3:43am Jun 27, 2023 3:43am
Quoting BeeTogether
127 refuses to be broken 12750 not tested enough in the last few days and again seems quite solid too. We are approaching half year end too so maybe more than range play available
Last week of Q2 And H1.
More time in the market, does not mean you trade better!
  • #754,394
  • Jun 27, 2023 3:45am Jun 27, 2023 3:45am
Although the trend is starting to show signs of weakness, the price is trading above the 23.6 fibo, holding out hope for a continuation of the uptrend.
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  • #754,395
  • Jun 27, 2023 3:47am Jun 27, 2023 3:47am
Quoting Whale
{quote} {image}
Wave 1 equal wave 3
  • #754,396
  • Jun 27, 2023 3:47am Jun 27, 2023 3:47am
Quoting Ferna
{quote} do 1000 pips in which direction!?
In up Direction…on CADJPY! there is a level at 109.787. The market will hit the resistance, find a little rest to regain momentum. Meaning, it will pull back a little on getting to this level and later continue its up trend. Once you missed the Algorithmic price point which I mention earlier, the market dances like a masquerade before getting to the next Algorithmic price point.

I have long stated that oversold and overbought conditions are subjective. An asset can be repriced at any given time or position. It only needs to assume equilibrium to be repriced.
My telegram: https://t.me/avidforex
  • #754,397
  • Jun 27, 2023 3:52am Jun 27, 2023 3:52am
Initiating swing longs.
on a postive roll...
  • #754,398
  • Edited 4:21am Jun 27, 2023 3:53am | Edited 4:21am
Quoting Ferna
Shorting
scalping long

Edit: good i kept the shorts on. Longs got stopped out.
Limit orders shorts active
short gbp/aud
You have an IQ lower than 90 if you interact with this user.
  • #754,399
  • Jun 27, 2023 4:03am Jun 27, 2023 4:03am
Quoting BigNumbers
{quote} In up Direction…on CADJPY! there is a level at 109.787. The market will hit the resistance, find a little rest to regain momentum. Meaning, it will pull back a little on getting to this level and later continue its up trend. Once you missed the Algorithmic price point which I mention earlier, the market dances like a masquerade before getting to the next Algorithmic price point. I have long stated that oversold and overbought conditions are subjective. An asset can be repriced at any given time or position. It only needs to assume equilibrium...
so you think levels from 2007 are relevant? I mean they traded with fax machines and on trading floors back then.
The orderbook is empty. All the money that existed back then got eaten by the financial crisis or Michael Burry.
You have an IQ lower than 90 if you interact with this user.
  • #754,400
  • Jun 27, 2023 4:04am Jun 27, 2023 4:04am
...re last 1hr close - bulls are trying after what they hope was a p/back only.

1hr below
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