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Cable Update (GBPUSD)

  • #758,941
  • Jul 17, 2023 4:35am Jul 17, 2023 4:35am
Trying hard but may loose hope to hold immediate bull / hold 3079 tl, h1 close all above next , so looking immediate signal at 3064, support at and below 3042/35, limit down 3019, real limit for up 3070. Waiting play. Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #758,942
  • Jul 17, 2023 4:39am Jul 17, 2023 4:39am
another trap for me.. zzzzz
when i took long, it goes short
when i took short, it goes long.. zzz
stay away a moment to refresh.. looking for another opportunity..
  • #758,943
  • Jul 17, 2023 4:39am Jul 17, 2023 4:39am
Quoting Wavegarrick
{quote} So far playing out as anticipated. {image}
Excellent.
You have an IQ lower than 90 if you interact with this user.
  • #758,944
  • Jul 17, 2023 4:50am Jul 17, 2023 4:50am
Gold long
uj short
Gu no breaker yet
My telegram: https://t.me/avidforex
  • #758,945
  • Edited 5:14am Jul 17, 2023 5:00am | Edited 5:14am
30 mins looks bullish QM
4hr Looks bearish-
Overall structure bullish, but it appears to be too soon to close shorts ang go long.
Edit: A close above Invalidation level, bulls negate sell setup
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Bull slowly re joining the party
More time in the market, does not mean you trade better!
  • #758,946
  • Jul 17, 2023 5:17am Jul 17, 2023 5:17am
You shell not pass 1.31000
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yes yes yes
  • #758,947
  • Jul 17, 2023 5:24am Jul 17, 2023 5:24am
Possible short here on EURCAD

Fake move up before the drop to the fvg
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Follow The Markets Structure - Patience and Discipline
  • #758,948
  • Jul 17, 2023 5:35am Jul 17, 2023 5:35am
Quoting Moty
You shell not pass 1.31000 {image}
Unfortunately it will pass
  • #758,949
  • Jul 17, 2023 5:40am Jul 17, 2023 5:40am
Possible long on USDCAD

Two FVGs upper and lower but it might take the top one first based on the abc pattern

H4 is in a correction against D1 so the bottom FVG might be filled on the downside continuation

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Follow The Markets Structure - Patience and Discipline
  • #758,950
  • Jul 17, 2023 5:45am Jul 17, 2023 5:45am
Gold H4 is in correction against D1

H1 internal structure shows A complete 3 waves down B is forming now with an abc itself again with a H,LL, HH , trap longs thinking that support n becomes resistance
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Follow The Markets Structure - Patience and Discipline
  • #758,951
  • Jul 17, 2023 5:49am Jul 17, 2023 5:49am

The fourth-wave

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https://breakpullback.com
  • #758,952
  • Jul 17, 2023 5:54am Jul 17, 2023 5:54am
USDJPY H4 is in correction against D1

H1 is the internal structure and has just filled the lower FVG with an abc correction

H4 first fvg to the upside filled @138.91 next is around 140.65 that could be a good trade for 200 plus pips
Follow The Markets Structure - Patience and Discipline
  • #758,953
  • Jul 17, 2023 6:01am Jul 17, 2023 6:01am
I really don't grasp why people are bitching here re: GBPUSD. I just looked ....... you're in a state of congestion on most tf's, you've got cross market strike pricing and you even had an early downturn last week late to get you started and setup for today.. SO why the bitching? If you're only willing to trade one direction then you better do some work to see the market as bi-directional. THAT is the key problem with trying to use gambling principles in trading. It does not work. Not in the long run. So suck it up and try again. Push and reversal. Push and reversal. Push and reversal. And time re: all other things. There.... there's your principles.

Last Friday in 6 and 7th hr you had strike pricing. Then the push.Then your downturn. And now in real time your run through.

Peter
Real Trading is not gambling.
  • #758,954
  • Jul 17, 2023 6:05am Jul 17, 2023 6:05am
USDCAD I Still Expect A Down Move

Waiting TP

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1.31634 It Is
  • #758,955
  • Jul 17, 2023 6:12am Jul 17, 2023 6:12am
Quoting PeterCaleb
I really don't grasp why people are bitching here re: GBPUSD. I just looked ....... you're in a state of congestion on most tf's, you've got cross market strike pricing and you even had an early downturn last week late to get you started and setup for today.. SO why the bitching? If you're only willing to trade one direction then you better do some work to see the market as bi-directional. THAT is the key problem with trying to use gambling principles in trading. It does not work. Not in the long run. So suck it up and try again. Push and reversal....
How about you showing us your trades taken today?
charts only no barrage of texts pls.
thanks.
on a postive roll...
  • #758,956
  • Jul 17, 2023 6:14am Jul 17, 2023 6:14am
Quoting pipfarm
Gold H4 is in correction against D1 H1 internal structure shows A complete 3 waves down B is forming now with an abc itself again with a H,LL, HH , trap longs thinking that support n becomes resistance {image}
Can you tell TF alignment of dxy
I first got a hint from you on tf alignment in other thread
I am learning all practical things about it
I also have analyzed dxy
but for confirmation
Can you tell TF alignment of dxy?
Thank u
  • #758,957
  • Jul 17, 2023 6:19am Jul 17, 2023 6:19am
Quoting Surya108
{quote} Can you tell TF alignment of dxy I first got a hint from you on tf alignment in other thread I am learning all practical things about it I also have analyzed dxy but for confirmation Can you tell TF alignment of dxy? Thank u
I will try but it might be difficult because i only have DXY futures and the data is limited to the start of the contract

But H4 is above D1 and H1 is below H4

Suggest we are in correction on H4 with H1 being the correction to the correction , so long might be the way

Trade at your own risk.
Follow The Markets Structure - Patience and Discipline
  • #758,958
  • Jul 17, 2023 6:22am Jul 17, 2023 6:22am
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yes yes yes
  • #758,959
  • Jul 17, 2023 6:46am Jul 17, 2023 6:46am
Awful day! Price action meaningless!!
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: 8.4%
  • #758,960
  • Jul 17, 2023 6:47am Jul 17, 2023 6:47am
GBP/USD PA is congested this morning, with technicals leaning South. On Wednesday morning in London, UK announces CPI, which is an important FA. So, at this time, I am waiting. The 4H narrative is up, technicals are down, and we are ranging = have a seat and watch for something that makes sense to trade.

The GJ has bounced off a key price level and I am watching it for developments. GA is napping. So we wait.
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