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Cable Update (GBPUSD)

  • #766,381
  • Aug 11, 2023 9:18am Aug 11, 2023 9:18am
Quoting Coreg2004
{quote} Pat, after xyz corrective pattern we expect a new low. Technically, you are correct, although we can't say wave 2 " for sure" is in place. If you subscribe to the idea that GU on the daily chart makes swing D-E we need to see 5 fractals if correct. {quote} {image} {image}

nice chart
MY OPINION NOT FINANCIAL ADVISE
  • #766,382
  • Aug 11, 2023 9:20am Aug 11, 2023 9:20am
Quoting T721
{quote} Bloodyhell !!!! you wanna do zoom ????
BTW, we're still good for 7pm, right? Did you get my pm? Thank you
I have no clue where it's going
  • #766,383
  • Aug 11, 2023 9:21am Aug 11, 2023 9:21am
Quoting LifeRider
{quote} BTW, we're still good for 7pm, right? Did you get my pm? Thank you
All good for 7pm or even now if you want a quick session, up to you
  • #766,384
  • Aug 11, 2023 9:23am Aug 11, 2023 9:23am
Quoting T721
{quote} Bloodyhell !!!! you wanna do zoom ????
Dont worry it will be fine
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #766,385
  • Aug 11, 2023 9:25am Aug 11, 2023 9:25am
Quoting cablekingdom
Long 1.2712 Inflation expectation reduced from 3 to 2.9%
Tp- 1.2750
  • #766,386
  • Aug 11, 2023 9:28am Aug 11, 2023 9:28am
GBPCHF I got wicked out and price moved in my direction
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My telegram: https://t.me/avidforex
  • #766,387
  • Aug 11, 2023 9:29am Aug 11, 2023 9:29am
Tempted to take that short now, 20 pip stop at the high or 40 pip stop on the break of the low.
Follow The Markets Structure - Patience and Discipline
  • #766,388
  • Aug 11, 2023 9:32am Aug 11, 2023 9:32am
Had idea not to trade NY.

But when buy opportunity was presented, I could not resist.

A dip buy was presented in GU which coincides with solid trend line support in hourly which formed early in asia.

So, did the dip buy in NY.

Being friday, I do not want to hold buy trades.

Just another 800 bucks to be made. Today is 1 st day of Phase 2.

Long way to go.
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Intraday only.
  • #766,389
  • Aug 11, 2023 9:32am Aug 11, 2023 9:32am
Dxy finish the fucking job.
  • #766,390
  • Aug 11, 2023 9:34am Aug 11, 2023 9:34am
Quoting pipfarm
Tempted to take that short now, 20 pip stop at the high or 40 pip stop on the break of the low.
i sold 4min ago.
  • #766,391
  • Aug 11, 2023 9:36am Aug 11, 2023 9:36am
Now, now, down, down???
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I have no clue where it's going
  • #766,392
  • Aug 11, 2023 9:36am Aug 11, 2023 9:36am
Quoting T721
{quote} All good for 7pm or even now if you want a quick session, up to you
Still at work, but thank you
I have no clue where it's going
  • #766,393
  • Aug 11, 2023 9:39am Aug 11, 2023 9:39am
If it carries on creeping ups might settle at 12730-12750 area
Insane in the Brain..
  • #766,394
  • Aug 11, 2023 9:41am Aug 11, 2023 9:41am
Will be taking profit soon. Its friyay after all
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How to succeed in zero sum game?
  • #766,395
  • Aug 11, 2023 9:42am Aug 11, 2023 9:42am
Quoting Whale
{quote} i sold 4min ago.
I will stick to my plan short below the low if happens otherwise i can not be sure it is going down.
Follow The Markets Structure - Patience and Discipline
  • #766,396
  • Aug 11, 2023 9:43am Aug 11, 2023 9:43am
I am not going to sell today unless I see a trend line resistance in hourly.

Having said, other reasons not to sell for me :

1. The price has travelled already 73 pips from lows...

2. Friday... no more news events.

3. Preserve the profits made.

4. Happily enjoy the week end, as we are planning a camping for 2 days until sunday afternoon. Today evening we go. About 300 km to drive.

bye guys.

Have great week end.
Intraday only.
  • #766,397
  • Aug 11, 2023 9:43am Aug 11, 2023 9:43am
Stubborn mf
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yes yes yes
  • #766,398
  • Aug 11, 2023 9:46am Aug 11, 2023 9:46am
Quoting pipfarm
{quote} I will stick to my plan short below the low if happens otherwise i can not be sure it is going down.
im not sure at all.
very close to take another loss
  • #766,399
  • Aug 11, 2023 9:50am Aug 11, 2023 9:50am
Quoting Whale
{quote} im not sure at all. very close to take another loss

If it breaches the top , that is it shorts no more, does look like it is starting to turn down a bit.

Closed below the 15m

Not much adr left today.
Follow The Markets Structure - Patience and Discipline
  • #766,400
  • Aug 11, 2023 9:59am Aug 11, 2023 9:59am
Quoting pipfarm
{quote} If it breaches the top , that is it shorts no more, does look like it is starting to turn down a bit. Closed below the 15m Not much adr left today.
yup seems to have fallen from its recent move above the daily pivot.. low volume now, could help GU drop below 127 again
Insane in the Brain..
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