Small SL's triggered at 97's area. That's at least a part what they wanted. Unwinded some short, move up is not 100% ok. Shorted 1.3099 currently top, let's see.
Cable Update (GBPUSD)
- #758,183
- Jul 13, 2023 8:21am Jul 13, 2023 8:21am
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Follow The Markets Structure - Patience and Discipline
- #758,184
- Jul 13, 2023 8:22am Jul 13, 2023 8:22am
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Intraday only.
- #758,186
- Jul 13, 2023 8:26am Jul 13, 2023 8:26am
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{quote} {image}
Intraday only.
- #758,189
- Jul 13, 2023 8:30am Jul 13, 2023 8:30am
- Joined Sep 2008 | Status: Trader | 2,275 Posts
Unloaded some at 1.3093 and 1.30925. I have some left. 1.3101 could be top today. I hope at least 
. Else my profits are gone on new high. But ADR above 120 pips now I think. Could be enough for today.
PA currently looks uncontrolled, I think some changes happens here at 1.31. - Wait, we are already at 1.31??? Wtf.
. Else my profits are gone on new high. But ADR above 120 pips now I think. Could be enough for today.PA currently looks uncontrolled, I think some changes happens here at 1.31. - Wait, we are already at 1.31??? Wtf.
{quote} Is it dollar chart ?
Utterly Crushing
With courage, patience, and discipline, success is a matter of time.
- #758,192
- Jul 13, 2023 8:38am Jul 13, 2023 8:38am
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You have an IQ lower than 90 if you interact with this user.
- #758,193
- Jul 13, 2023 8:39am Jul 13, 2023 8:39am
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Follow The Markets Structure - Patience and Discipline
- #758,194
- Jul 13, 2023 8:41am Jul 13, 2023 8:41am
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Intraday only.
- #758,195
- Jul 13, 2023 8:41am Jul 13, 2023 8:41am
- Joined Sep 2008 | Status: Trader | 2,275 Posts
Unloaded some at 1.3093 and 1.30925. I have some left. 1.3101 could be top today. I hope at least
Looks like another round of accumlation but not as steady as in the 70's area. Understandable.
- #758,196
- Jul 13, 2023 8:42am Jul 13, 2023 8:42am
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Insane in the Brain..
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Time for a gentle reminder again...
- #758,198
- Edited 8:57am Jul 13, 2023 8:43am | Edited 8:57am
- Joined Sep 2017 | Status: Trader | 4,360 Posts
{quote} Thank you very much for your good analysis
Do you think there will be a decline and a correction in the euro before moving towards the 1.12xx range? Or will it go to 1.12xx without stopping and modifying?
I am so sorry I did not reply earlier. Unfortunately I have been away from my trading desk today.
Well as we speak Eu is heading for 1.12000 which historically is a very important line in the sand between bulls and bears. I also have my monthly res 2 at 1.12101 for an overshoot. This usually is a solid area to look for a halt on current momentum and more importantly just a bit up my yearly 88.6% fib retrace at 1.1230 which is also an important zone historically. We will have to see how price plays out from here, but I must caution that momentum is strong and I would look for daily/weekly lower highs and lows before contemplating short/long term sell trades. Perhaps I will look to scalp from there, we shall see.
Take care,
Cheers.
Trade to trade another day
- #758,200
- Jul 13, 2023 8:44am Jul 13, 2023 8:44am
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
{quote} That 1.30962 Resistance is being tested , waiting for my short signal to provide that entry .. little bit more code and cleaning i am done with v1.7F and 1.7G is coming that will have newer updates regarding the Bella's price action
Short GBPUSD: 1.30990
S/L : 1.31238
T/P (max):1.28109
Bella's Blue ( beta v1.7 F )
Goddess of Thunder..