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Cable Update (GBPUSD)

  • #761,441
  • Jul 26, 2023 7:02pm Jul 26, 2023 7:02pm
Asia done...even b4 tokyo started !! ( for me )
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Intraday only.
  • #761,442
  • Jul 26, 2023 7:06pm Jul 26, 2023 7:06pm
Out... Made some pizza money. Not sure if I'll try that again. I'll keep an eye on it.
Trade at your own risk.
  • #761,443
  • Jul 26, 2023 7:57pm Jul 26, 2023 7:57pm
Expecting a decent BIG green candle on daily timeframe... at least touch 1.30 or 1.30300..... can it complete 3 white soldiers pattern on daily timeframe...

DXY can potentially depreciate a bit more this week as it's bouncing from support turned resistance......
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Extreme gut feeling trader
  • #761,444
  • Jul 26, 2023 8:07pm Jul 26, 2023 8:07pm
Quoting voeltoez
short in GU 2940 expecting drop to yesterday low..
cut loses 6 pips..bull have power this asia start..
  • #761,445
  • Jul 26, 2023 8:08pm Jul 26, 2023 8:08pm
Quoting navk
Asia done...even b4 tokyo started !! ( for me ) {image}
perfect move...you close it before bounce..
  • #761,446
  • Jul 26, 2023 8:50pm Jul 26, 2023 8:50pm
UJ 50 pips move..gu and eu not moving
  • #761,447
  • Jul 26, 2023 8:50pm Jul 26, 2023 8:50pm
Quoting Fx3423454
Out... Made some pizza money. Not sure if I'll try that again. I'll keep an eye on it.
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  • #761,448
  • Jul 26, 2023 9:06pm Jul 26, 2023 9:06pm
Quoting Bella.al
{quote} I am adding the chart with my previous post , Bella's One , Technical outlook = Bearish , and please note that on the chart No.5 has something to do with W.D Gann and Numerology . I had to find my own Forex Number that belongs to me as Goddess of Thunder . I am sure the calculations are correct it is no.5 I will check back with in 4-5 hours. Bella's Blue ( beta v1.8 ) {image}

my sl is hit -24 pips, i saw +11 pips but trade idea was different in this case . Back to my Lab continue working on it
Goddess of Thunder..
  • #761,449
  • Jul 26, 2023 9:07pm Jul 26, 2023 9:07pm
2980 nice spot to.start shorting
  • #761,450
  • Jul 26, 2023 9:10pm Jul 26, 2023 9:10pm
To 1.2992 or maximum 1.30136 then 1.293(ecb rate and us gdp)?
More time in the market, does not mean you trade better!
  • #761,451
  • Jul 26, 2023 9:10pm Jul 26, 2023 9:10pm
In Short 1.2967 (R2)---TP -1.2902--- SL-1.2983
  • #761,452
  • Jul 26, 2023 9:11pm Jul 26, 2023 9:11pm
Quoting boodvah
went long...
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went long at last weeks low
which was also last months high
1.285 and 1.28 was the zone i was looking for volatility
selling pressure was slowed so i assumed that price may have went back to last weeks high
wished i got in sooner but was scared.
be a thinker before being a reacter
  • #761,453
  • Jul 26, 2023 9:20pm Jul 26, 2023 9:20pm
Quoting boodvah
{quote} {image} went long at last weeks low which was also last months high 1.285 and 1.28 was the zone i was looking for volatility selling pressure was slowed so i assumed that price may have went back to last weeks high wished i got in sooner but was scared.
Buy following internal and external structure, it become very easy. No matter what type of news we have or how hard everyone may scream or moan, price respect tbe structure untill a strong support/resistance is met, close profit, look for fundamental why it may swing may reverse, took the first trade, upon confirmation of swing reversal, add some more. Subtract readd game starts.
I thanks Mr Chiko for showing me how he did it.
More time in the market, does not mean you trade better!
  • #761,454
  • Jul 26, 2023 9:22pm Jul 26, 2023 9:22pm
Quoting Fardeen1209
To 1.2992 or maximum 1.30136 then 1.293(ecb rate and us gdp)?
2970 short.

stop 2980
Intraday only.
  • #761,455
  • Jul 26, 2023 9:23pm Jul 26, 2023 9:23pm
Quoting voeltoez
2980 nice spot to.start shorting
2980rejecting...open short 2974..target 2900 sl 3000
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  • #761,456
  • Jul 26, 2023 9:27pm Jul 26, 2023 9:27pm
Quoting navk
{quote} 2970 short. stop 2980
make sense.
  • #761,457
  • Jul 26, 2023 9:29pm Jul 26, 2023 9:29pm
EURCHF
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Trade at your own risk.
  • #761,458
  • Jul 26, 2023 9:46pm Jul 26, 2023 9:46pm
Quoting navk
{quote} 2970 short. stop 2980
The structure is upward, we wont get many pip by going short imo. Imma look for long setup.
2970 is BSL and FVG 2nd time back, dont see good reason to go short yet.
More time in the market, does not mean you trade better!
  • #761,459
  • Jul 26, 2023 9:47pm Jul 26, 2023 9:47pm
Quoting Fardeen1209
{quote} Buy following internal and external structure, it become very easy. No matter what type of news we have or how hard everyone may scream or moan, price respect tbe structure untill a strong support/resistance is met, close profit, look for fundamental why it may swing may reverse, took the first trade, upon confirmation of swing reversal, add some more. Subtract readd game starts. I thanks Mr Chiko for showing me how he did it.
im just starting to get a real understanding of structure tbh. those previous weekly and monthly highs annd lows make good entries and targets.i feelmthe same about news too, that price gonna respect the s/r. i watched a 1min chart recently and i noticed that price would range a lot on that timeframe. but the fact that price was respecting such a small range was an aha moment, so on this long trade i tried to apply that aha moment to a higher timeframe.
be a thinker before being a reacter
  • #761,460
  • Jul 26, 2023 9:55pm Jul 26, 2023 9:55pm
Woke up to see prices high up there...wow.
I hope early sellers are fine.
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