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Cable Update (GBPUSD)

  • #755,101
  • Jun 30, 2023 4:40am Jun 30, 2023 4:40am
Quoting TheWraith
{quote} Always be wary of the things you are most certain in.
so true LOL.

to trade reversal is always confusing..
i will wait to join the bulls after they will gain some.
  • #755,102
  • Jun 30, 2023 4:43am Jun 30, 2023 4:43am
Quoting Whale
{quote} im trading for years.. Trading is not about the TF, and not about signals.. much more simple.
Kinda dramatic. Trading is reading. It is TF, it is indications, it is patterns. Without TF there is no timing, getting in late in the right direction means getting taken out. So yea, they are important.
  • #755,103
  • Jun 30, 2023 4:47am Jun 30, 2023 4:47am
Quoting Cetka
{quote} Kinda dramatic. Trading is reading. It is TF, it is indications, it is patterns. Without TF there is no timing, getting in late in the right direction means getting taken out. So yea, they are important.
i said simple and you tell me im dramatic lol
  • #755,104
  • Jun 30, 2023 4:51am Jun 30, 2023 4:51am
Crooky tail
It's time to show me the money mf
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yes yes yes
  • #755,105
  • Jun 30, 2023 4:53am Jun 30, 2023 4:53am
Quoting Moty
Crooky tail It's time to show me the money mf {image}
Does MF stands for what I think it stands for or is it some technical term?
  • #755,106
  • Jun 30, 2023 4:55am Jun 30, 2023 4:55am
Quoting Cetka
{quote} Kinda dramatic. Trading is reading. It is TF, it is indications, it is patterns. Without TF there is no timing, getting in late in the right direction means getting taken out. So yea, they are important.
When did you start trading? I see you're from Croatia too! Trading is our ticket out haha..
  • #755,107
  • Jun 30, 2023 5:00am Jun 30, 2023 5:00am
It's not a ticket out, it's just my passion. About 10 months ago. Started really focused to turn it into my job. The progress of accumulated knowledge started showing itself about a month ago.
  • #755,108
  • Jun 30, 2023 5:00am Jun 30, 2023 5:00am
Revising the Pivots.

I have a plan to long GBPUSD at Bella's 13:38 PM GMT , using Bella's Date Forecasting . However, i will use pivots to analyze the current market.

The Bulls:
I am joining the Bulls, if the Long is any Good for today it needs to break and sustain above the 1.26550 ( Daily R1 ) and Camarilla Daily H4 1.26526
if they fail to do so , the price action is not Bullish until Monday comes along and provide me new Pivots Guidelines.

Support Levels : 1.25906 , 1.25800

Pivot Points
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Goddess of Thunder..
  • #755,109
  • Jun 30, 2023 5:03am Jun 30, 2023 5:03am
Quoting Cetka
It's not a ticket out, it's just my passion. About 10 months ago. Started really focused to turn it into my job. The progress of accumulated knowledge started showing itself about a month ago.
Happy to hear you're doing good!
I like trading and following the news about FX. However, I on the other hand am not happy with my current job nor any damn job. We are born only once and I'm not gonna spend my life selling my time to someone else for shameful salary I get. I'll make sure I either succeed or fail miserably trying to succeed.
  • #755,110
  • Jun 30, 2023 5:07am Jun 30, 2023 5:07am
...straight up on 1st test of and from top of the prev 1hr sw lo zone = prev supp = pot supp /76.4% current dly lo-hi - and an upside follow-thru off the 15min inverted pinbar, sees 1hr close as a piercing pattern thrust candle against that prev bearish engulf thrust. Intraday v. mixed atm.

1hr below
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Trader with an Edge.
  • #755,111
  • Jun 30, 2023 5:09am Jun 30, 2023 5:09am
we need a break of last hourly candle candl high
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yes yes yes
  • #755,112
  • Jun 30, 2023 5:09am Jun 30, 2023 5:09am
Quoting dantpm
{quote} We could also simply range here. 'Mid point' for the month. Weekly and daily forming a rough triangle. Currently inside of yesterdays trading range.
I think so too at least until 2.5 hours from now when the Red data from US starts to trickle in
Insane in the Brain..
  • #755,113
  • Jun 30, 2023 5:13am Jun 30, 2023 5:13am
Eurchf may be long between 9725/9740
For a 3 digit profit as usual
POSTMASTER
  • #755,114
  • Jun 30, 2023 5:14am Jun 30, 2023 5:14am
Quoting Moty
we need a break of last hourly candle candl high {image}
Hi, yes bulls need to break above that and 2651 current dly hi, but maybe the real test if reached may be the bottom of the prev recent 1hr/4hr range? - shown on chart below. I have no vested interest here - just playing the swings via the lower t/f's as usual.

4hr below
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Trader with an Edge.
  • #755,115
  • Jun 30, 2023 5:18am Jun 30, 2023 5:18am
Quoting BeeTogether
{quote} I think so too at least until 2.5 hours from now when the Red data from US starts to trickle in

You noticed how yesterday, relatively benign data simply pushed price that was trying to break out back into the trading range. Today we are right back to where we were at the close of Wednesday!
  • #755,116
  • Jun 30, 2023 5:22am Jun 30, 2023 5:22am
Quoting TheWraith
{quote} When did you start trading? I see you're from Croatia too! Trading is our ticket out haha..
you have beautiful country, now Im in Porec, Istria then fly to Turkey
People don't plan to lose. They lose because they don't plan.
  • #755,117
  • Jun 30, 2023 5:25am Jun 30, 2023 5:25am
GU
Looks like H4 is moving into D1 from a H1 higher low so no more shorts for now
Follow The Markets Structure - Patience and Discipline
  • #755,118
  • Jun 30, 2023 5:26am Jun 30, 2023 5:26am
Quoting DrDave
{quote} LOL. Spoken like a true beginner. Your use of alignment is not unique: You stumbled onto a mere imperfect subset of the system that I use. I have been using multiple timeframe analysis and "alignment" for over 10 years. Here is just one example from 2012 in another thread where it was applied successfully using the indicators provided in that thread. (MAs are one of MANY indicators that can be used successfully with this system.) So I find it safe to say that whatever...

Thank you very much for you reply , i shall file it in the WPB.
Follow The Markets Structure - Patience and Discipline
  • #755,119
  • Jun 30, 2023 5:30am Jun 30, 2023 5:30am
Gold

H4 is moving against D1 and we have a correction on H1 so a move up is likely
Follow The Markets Structure - Patience and Discipline
  • #755,120
  • Jun 30, 2023 5:33am Jun 30, 2023 5:33am
Quoting dantpm
{quote} You noticed how yesterday, relatively benign data simply pushed price that was trying to break out back into the trading range. Today we are right back to where we were at the close of Wednesday!

yup totally..

for some reason even though I’m shorting I can’t rule out a move above 127.. if not today then on Monday, and it could be from not so important data too
Insane in the Brain..
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