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Cable Update (GBPUSD)

  • #758,461
  • Jul 14, 2023 1:52am Jul 14, 2023 1:52am
Quoting BigNumbers
Just went long on GBPNZD. My TP1 is 2.06644 {image}
that is what am watching hope it work
  • #758,462
  • Jul 14, 2023 1:53am Jul 14, 2023 1:53am
Some Weekend reading Dropped this before but some may not have seen
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  • #758,463
  • Jul 14, 2023 1:53am Jul 14, 2023 1:53am
Attached File(s)
File Type: pdf Market Maker Traps (1).pdf   1.0 MB | 205 downloads

Attached File(s)
File Type: pdf Market Maker Traps (2).pdf   789 KB | 206 downloads
  • #758,464
  • Jul 14, 2023 1:54am Jul 14, 2023 1:54am
...there is a major long-term descending t/line that joins 2.1162 with 1.4249... unlikely to see it in play today, but next week who knows? It will come thru circa 3450 on next week's wkly candle.
Trader with an Edge.
  • #758,465
  • Jul 14, 2023 1:54am Jul 14, 2023 1:54am
Quoting MIKKI
{quote} hoping for major drop through next week hopefully 2867/2687 area for me ...
The retracement may be limited to 130 - 190 pips ... 1.3010 - 1.2950 area.
Data + Stat + Risk/Emotions Management
  • #758,466
  • Jul 14, 2023 1:55am Jul 14, 2023 1:55am
Quoting Fx3423454
{quote} Take a look at movements of stocks when they release earnings. The violent price action is down to the milliseconds after the release and it usually happens when the stock market isn't even open! If that doesn't convince you then nothing will. https://youtu.be/iL1XEPJL4ps
It's not about convincing him, it's a nonsense to try. It's an ego game. The master of filling the thread with babble, round-about discussion that will leave you hanging like a Donkey following a carrot on a stick. Leading you on with intellectual talk, while continuing with condescending tones towards people on this site. All the while, claiming his apparent profits, but revealing nothing to back it up. It's the same old story. I have nothing to prove, I provide for men and my family, blah, blah, blah.

Wouldn't it be wonderful if one, just one of these special guys, whose "been and gone" , could actually back up their big talk, instead of simply joining the long list of egotist on this site who have talked a big game, and nothing more.
Compulsions can be hard to resist
  • #758,467
  • Jul 14, 2023 1:56am Jul 14, 2023 1:56am
Quoting noox
{quote} What do you mean by complete cycle?
I personally termed it “complete cycle” It’s a process of
Using candle sticks to determine when price will start moving… I think wyckoff distribution schematic has similar idea but I find my own way around the candle stick to determine when price is done ranging and ready to move. Which means the cycle is completed.
My telegram: https://t.me/avidforex
  • #758,468
  • Jul 14, 2023 1:56am Jul 14, 2023 1:56am
Quoting Headland
{quote} Hi, last time we had more than 6 bullish-bodied dly candles consecutively was May then July 2020 when both times there were 10! It's a rare occurrence on this t/f on this pairing.
Interesting and both of these moves ended up being ~600 pips. We are currently at ~480 pips.
  • #758,469
  • Jul 14, 2023 2:03am Jul 14, 2023 2:03am
Gu H1

We have what currently looks a like minor correction as of now with the lower FVG filled, the questions which is on everyone"s mind, is this a correction before another up move or will the correction expand down.

Personally i going to wait and see if there is another push up today.


All timeframes bar H1/H4 which is the correction are still above their HTF
Follow The Markets Structure - Patience and Discipline
  • #758,470
  • Jul 14, 2023 2:06am Jul 14, 2023 2:06am
...gmt+3 4hr closed as below a few mins ago

4hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
Trader with an Edge.
  • #758,471
  • Jul 14, 2023 2:08am Jul 14, 2023 2:08am
Quoting ninner
{quote} i would wait for a close below 1.31 and make sure it clears the round number and all those retail orders like from chiko boy!!!
you long????!!!!!
You have an IQ lower than 90 if you interact with this user.
  • #758,472
  • Jul 14, 2023 2:08am Jul 14, 2023 2:08am
I think we got the USD breakout.
GU looks like heading to 3325 Weekly/Monthly resistance area, before a likely bounce, (perhaps to 2890), watch PA.
Cheers big ears
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDOLLARWeekly.png Size: 8 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 11 KB
Compulsions can be hard to resist
  • #758,473
  • Jul 14, 2023 2:20am Jul 14, 2023 2:20am
Triple top
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Click to Enlarge Name: Screenshot_2023-07-14-12-18-11-615_net.metaquotes.metatrader4-edit.jpg Size: 662 KB
yes yes yes
  • #758,474
  • Edited Jul 16, 2023 5:54pm Jul 14, 2023 2:20am | Edited Jul 16, 2023 5:54pm
A few more for the speed readers out there
{ copyrighted attachment deleted by staff }
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File Type: pdf Price Action Forex Trading Nial Fuller _230303_070439.pdf   2.5 MB | 242 downloads
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File Type: pdf The ICT Bible V1 - By Ali Khan_230227_200632 copy.pdf   5.0 MB | 1,551 downloads
  • #758,475
  • Jul 14, 2023 2:23am Jul 14, 2023 2:23am
Liquidity rise for drop to 130?
Insane in the Brain..
  • #758,476
  • Edited 2:41am Jul 14, 2023 2:26am | Edited 2:41am
CHF/JPY, it's probable price is done going up and this could be a high for a long period of time to come.

If 161.4 can hold, it should be it for CHF.
GBP/JPY 182
EUR/JPY 156
  • #758,477
  • Jul 14, 2023 2:30am Jul 14, 2023 2:30am
Quote of the day- Stay motivated!

I heard the sound of my neighbor’s super car like the roar of a lion and I said to myself I’m gonna be on this soon. It is just a lifestyle that could start with putting more time on the chart or whatever your craft is.

Each day you strive, You get closer and close to your dream!
From experience, Failure is one thing I love so much, it makes me better and better..

Hey! Not just super cars other things get me motivated like real estate, AI, oil and gas etc, everyone wants to be successful!

Just stay Motivated! Trading is a journey
My telegram: https://t.me/avidforex
  • #758,478
  • Jul 14, 2023 2:37am Jul 14, 2023 2:37am
Quoting pipfarm
Gu H1 We have what currently looks a like minor correction as of now with the lower FVG filled, the questions which is on everyone"s mind, is this a correction before another up move or will the correction expand down. Personally i going to wait and see if there is another push up today. All timeframes bar H1/H4 which is the correction are still above their HTF
Going to set the bar high today, if this wants to continue up today , it will need to break 3148 for me to take an entry.

Looking at gold it now looks like some kind of complex correction, H1 has now moved into H4 and maybe setting up for the last leg of the correction down, it may be aiming for 1941 which is the only gap in this upswing that was left behind and not filled.
Follow The Markets Structure - Patience and Discipline
  • #758,479
  • Jul 14, 2023 2:37am Jul 14, 2023 2:37am
me thinks explosion if price closes above
3134
M5
in wondering about yourself, you forgot what you came here to be part of
  • #758,480
  • Jul 14, 2023 2:39am Jul 14, 2023 2:39am
Quoting Bella.al
{quote} so far it is looking good , i am +17 pips as i write this , current plan is if the 1.30531 is reached , i will update the Trailing and also expecting the S1 : 1.3030 to be touched today . Bella's Blue ( beta v1.7 F ) {image}

Update : It tried testing the Bella's Stop Resistance at 1.31497 and failed so far . As long as it holds it should fall from here NFP style (always wanted to say that )

Bella's Blue ( beta v1.7 F )
Attached Image (click to enlarge)
Click to Enlarge Name: BellaBlue_01.png Size: 21 KB
Goddess of Thunder..
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