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Cable Update (GBPUSD)

  • #759,181
  • Jul 18, 2023 5:35am Jul 18, 2023 5:35am
Quoting pipfarm
Time to go long with the trend H4 correction H1 internal structure of the correction and 123 back into the trend on a break of {image}

Long taken as per chart
Follow The Markets Structure - Patience and Discipline
  • #759,182
  • Jul 18, 2023 5:35am Jul 18, 2023 5:35am
Go Ninja Go Ninja Go Ninja .. Go Bulls ,

i am about to initialize Trailing
Goddess of Thunder..
  • #759,183
  • Jul 18, 2023 5:39am Jul 18, 2023 5:39am
Quoting Ferna
{quote} We are basically living in a virtual reality now. It’s like religion, if everyone believes collectuvely hard enough it becomes a self-fulfilling prophecy. If document/economics/reality stays the same then a man could work 8 hours/day have a house, 6 children and a wife that doesn’t have to work. This was the numbers/reality in the past but surely this doesn’t apply for the masses today, maybe Elon Musk can pull something off like that but even he works for 2 in the number of hours. You are better off reading book about John Law and how they...
Agreed, world is evolving, many associate present with past. But the outcome have always been different from that we compared the present to.
More time in the market, does not mean you trade better!
  • #759,184
  • Jul 18, 2023 5:44am Jul 18, 2023 5:44am
Bulls are back, damn it… lol
Insane in the Brain..
  • #759,185
  • Jul 18, 2023 5:44am Jul 18, 2023 5:44am
This GJ spread on Trading 212 is wild. Still up 35 pips. But I don't get why it's that up the whole morning. Don't see THAT MUCH volatile behavior.
  • #759,186
  • Jul 18, 2023 5:45am Jul 18, 2023 5:45am
Quoting eyefeelsix
{quote} Asia session --- Test buy atm {image}

Risk reduction, drag stop-loss to the low of day

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 43 KB
https://breakpullback.com
  • #759,187
  • Jul 18, 2023 5:47am Jul 18, 2023 5:47am
AUDUSD looks good for a long on H1

D1 above W1
H4 below D1

H1 trended up but is retesting the old SNR for a second time but should be good for long
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1.png Size: 42 KB
Follow The Markets Structure - Patience and Discipline
  • #759,188
  • Jul 18, 2023 5:48am Jul 18, 2023 5:48am
Quoting ScalaFX
{quote} Im going to help bears, short GU 3108
second short 3116
People don't plan to lose. They lose because they don't plan.
  • #759,189
  • Jul 18, 2023 5:51am Jul 18, 2023 5:51am
Quoting Bella.al
{quote} Update : Still i have at my end Bulls in Control ( seen by Bella's Price Action Bars ) also above Bella's Ultimate Support ( 1.30559 ) Bella's Blue ( beta v1.7 G ) {image}
I have updated trailing stop which is at = 1.30830 Locked +2 Pips , I have disabled Bella's Price Action Bars for now which provides current sentiment as in previous posted images ( i am trailing ) ..

Targets : Bella's Price Objective 1 : 1.31525

Bella's Blue ( beta v1.7 G )
Attached Image (click to enlarge)
Click to Enlarge Name: BellaBlue_01.png Size: 18 KB
Goddess of Thunder..
  • #759,190
  • Jul 18, 2023 5:53am Jul 18, 2023 5:53am
Quoting Cetka
This GJ spread on Trading 212 is wild. Still up 35 pips. But I don't get why it's that up the whole morning. Don't see THAT MUCH volatile behavior.
Who is your broker , i would stay away from them , the spread should range between 1-2
Follow The Markets Structure - Patience and Discipline
  • #759,191
  • Jul 18, 2023 5:55am Jul 18, 2023 5:55am
Quoting Cetka
The spread is like 13 pips. WTF?!?!?!?!? {image}
More like 23 pips!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #759,192
  • Jul 18, 2023 6:00am Jul 18, 2023 6:00am
Quoting pipfarm
{quote} No need to type in bold, some of us might be a bit older but we still have our eyesight intact , in fact making your type bold is likened to shouting. Does bold text mean yelling? Using all capitals, bolding, underlining and multiple colours, particularly in combination, can be painful on your readers' eyes and can seem like you are yelling at them
Or it helps readers delineate certain sections and makes it easier to read for those with degraded vision.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #759,193
  • Jul 18, 2023 6:00am Jul 18, 2023 6:00am
Quoting Cetka
This GJ spread on Trading 212 is wild. Still up 35 pips. But I don't get why it's that up the whole morning. Don't see THAT MUCH volatile behavior.
0,8 spread here.
If they got alot of losing trades they widen the spread for everyone to take back the money they lost.
You have an IQ lower than 90 if you interact with this user.
  • #759,194
  • Jul 18, 2023 6:10am Jul 18, 2023 6:10am
i think its enough fuel to short until news..
Short in 1.3113...TP 1.12950..sl 1.13150
  • #759,195
  • Jul 18, 2023 6:17am Jul 18, 2023 6:17am
Quoting Bella.al
{quote} I have updated trailing stop which is at = 1.30830 Locked +2 Pips , I have disabled Bella's Price Action Bars for now which provides current sentiment as in previous posted images ( i am trailing ) .. Targets : Bella's Price Objective 1 : 1.31525 Bella's Blue ( beta v1.7 G ) {image}
Taking today's high = 1.31251 as reference i have re-adjusted Trailing at 1.30876 Locked +7 Pips
Goddess of Thunder..
  • #759,196
  • Jul 18, 2023 6:19am Jul 18, 2023 6:19am
Quoting Bogdanoff
Buy gold @1953 Could be wrong Trade safe Cheers
closed

trade safe
cheers
my loss is your gain
  • #759,197
  • Jul 18, 2023 6:19am Jul 18, 2023 6:19am
Hello, dear traders. The GBP/USD pair holds the rise below 1.3150, having no further uptrend in the morning in Europe. Differences in the forecasts of the policy of the Fed and the Bank of England support the prospects for a positive change in key indicators. Any significant corrective decline could be seen as a buying opportunity ahead of key US data. The GBP/USD pair returned to an upward regression channel and the Relative Strength Index (RSI) fell below 70 on the 4-hour chart, suggesting the latest pullback was a technical correction rather than the start of a reversal.
On the other hand, 1.3100 (midpoint of the ascending channel) acts as immediate resistance ahead of 1.3150 (static level) and 1.3200 (psychological level).
Key support lies at 1.3060 (20-period simple moving average (SMA), bottom of up channel). A four-hour close below this level could attract sellers and open the door for an extended decline towards 1.3000 (the psychological level).
Attached Image (click to enlarge)
Click to Enlarge Name: gbp1.png Size: 27 KB
  • #759,198
  • Jul 18, 2023 6:24am Jul 18, 2023 6:24am
Quoting Moty
Crooky squeezy mf {image}
Mf !!!!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2023-07-18-14-24-20-100_net.metaquotes.metatrader4.jpg Size: 605 KB
yes yes yes
  • #759,199
  • Jul 18, 2023 6:26am Jul 18, 2023 6:26am
Quoting dempire1
Belief (not reading PA, managing risk, managing emotions, patience, common sense, work) will get you your profits. Just believe and backtest.
Since I was believing I was able to take these trades today:

Asian session; first BUY 1.3069ish TP-d at highs 1.30892ish

second BUYs @ 1.3086ish TP-d at highs 1.3094ish and 1.3110ish

London session: Tried some short scalps at 1.31090ish ended up closing +1.4 pips and -1 pip

reason for closing: Bullish PA aka BUY @ 1.31080ish and TPd @ 1.31180ish.

tried to buy 1.3118ish for one more spike but ended up closing minus couple of pips because of bearish PA and ended up shorting from 1.31198 to Lows @ 1.31023. Current status: none at this moment. Writing a “troll” post

believing made me look at market this way and book all these moves. It had nothing to do with actual work. Studying fake gurus on yt and ig taught me how to trade… using my own head and understanding pure PA, technical analysis and psychology wasnt the reason behind these trade setups. Nope

I wish you all great trading week ahead!
How to succeed in zero sum game?
  • #759,200
  • Jul 18, 2023 6:37am Jul 18, 2023 6:37am
Hindsight Trades

Trades Taken And Completed. More to come and wont be Hindsight for sure

GBPAUD

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GBPJPY

Hedgy Situation Can anybody know whats going on there

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Some OnGoing Trades

USDCAD

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Close To TP

EURJPY

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GBPUSD

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Last but not the least

EURUSD

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