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Cable Update (GBPUSD)

  • #766,401
  • Aug 11, 2023 10:02am Aug 11, 2023 10:02am
Quoting GODofMC
{quote} Be be Gey tzalmavet Lo lo lo Eira Ra Ki ata Imadi Shivteha umishanteha Hema yi nahamuni {image}
Fuuu
Chart not moving for 18 minutes
Maybe they want to go up, cant close below 1.2710.
let me wait for 15mx2
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #766,402
  • Aug 11, 2023 10:03am Aug 11, 2023 10:03am
Quoting Moty
Stubborn mf {image}
This is the problem with price based indicators. They lag.
Bearing in mind the UK - had strong GDP figures today I would not be looking to short it.
I would be looking to long it in on a pullback.
If I was to short something - it would be from the swing high
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Look ahead, Macro=Direction, Levels & Structure = Entry
  • #766,403
  • Aug 11, 2023 10:08am Aug 11, 2023 10:08am
Let's dance with the rhythm.
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The market hides a perfect geometry.
  • #766,404
  • Aug 11, 2023 10:12am Aug 11, 2023 10:12am
Quoting SFundamental
{quote} This is the problem with price based indicators. They lag. Bearing in mind the UK - had strong GDP figures today I would not be looking to short it. I would be looking to long it in on a pullback. If I was to short something - it would be from the swing high {image}
I like that plan. Marked on my charts.
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  • #766,405
  • Aug 11, 2023 10:13am Aug 11, 2023 10:13am
Quoting SFundamental
{quote} This is the problem with price based indicators. They lag. Bearing in mind the UK - had strong GDP figures today I would not be looking to short it. I would be looking to long it in on a pullback. If I was to short something - it would be from the swing high {image}
Those GDP figures are not important. We traded those numbers in July. Markets are forward looking indicator not backwards
  • #766,406
  • Aug 11, 2023 10:15am Aug 11, 2023 10:15am
Quoting SFundamental
{quote} This is the problem with price based indicators. They lag. Bearing in mind the UK - had strong GDP figures today I would not be looking to short it. I would be looking to long it in on a pullback. If I was to short something - it would be from the swing high {image}
hi, you did very good analysis on GBPUSD pair. and also we should go with fundamental + technical together. hope you all the best.
  • #766,407
  • Aug 11, 2023 10:23am Aug 11, 2023 10:23am
Quoting traderjnr
{quote} Those GDP figures are not important. We traded those numbers in July. Markets are forward looking indicator not backwards
They are important for day trading.
And the BOE will certainly be looking at GDP as part of their decision making process.
UK stocks tumble as surprise GDP growth fans BoE rate hike concerns (msn.com)
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #766,408
  • Aug 11, 2023 10:28am Aug 11, 2023 10:28am
GU looking very good

DXY is moving strongly out of the correction along with EURUSD, USDCHF, AUDUSD,USDCAD,

Spoilt for choice today , that is just a few that set up today only posted GU and DXY
Follow The Markets Structure - Patience and Discipline
  • #766,409
  • Aug 11, 2023 10:39am Aug 11, 2023 10:39am
I think I'm done, up or down, what does it matter? Ride the tide, baby.
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The market hides a perfect geometry.
  • #766,410
  • Aug 11, 2023 10:44am Aug 11, 2023 10:44am
Come on mister dx
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yes yes yes
  • #766,411
  • Aug 11, 2023 10:44am Aug 11, 2023 10:44am
Quoting Whale
{quote} i sold 4min ago.
You have a nice entry, ride this out as far as you can and hold over the weekend if you can, should be a nice profit for you.

H1 swing down is where you will find the exit, based on the size of the first H1 swing if the current is 3 then it could be a 150-200 pip ride down
Follow The Markets Structure - Patience and Discipline
  • #766,412
  • Aug 11, 2023 10:46am Aug 11, 2023 10:46am
Quoting GODofMC
{quote} Fuuu Chart not moving for 18 minutes Maybe they want to go up, cant close below 1.2710. let me wait for 15mx2 {image} {image}
goes down baby.
go to the last support and i will sing
Gam gam gam ki eleh
Be be Gey tzalmavet
Lo lo lo Eira Ra
Ki ata Imadi
Shivteha umishanteha
Hema yi nahamuni

Gam gam gam
Gam gam gam ki eleh
Be be Gey tzalmavet
Lo lo lo Eira Ra
Ki ata Imadi
Gam gam gam ki eleh
Be be Gey tzalmavet
Lo lo lo Eira Ra
Ki ata Imadi
Shivteha umishanteha
Hema yi nahamuni

before
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After
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #766,413
  • Aug 11, 2023 10:49am Aug 11, 2023 10:49am
Quoting GeePee
{quote} Daring move. Good luck i shorted 1.2718. TP 1.2688
TP

Enjoy weekend
  • #766,414
  • Aug 11, 2023 10:56am Aug 11, 2023 10:56am
USDCAD probably very challenging for some today.

That correction was a beast the B swing made that 5 wave trend that probably fooled most people and then wiped em out with the C.


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Follow The Markets Structure - Patience and Discipline
  • #766,415
  • Aug 11, 2023 11:03am Aug 11, 2023 11:03am
Quoting TheWraith
{quote} Dude I'm that good at trading that I can even open the trade while I'm asleep and still win. You go to bed! Sweet dreams and keep dreaming about getting better at trading! Hahahahah

like the way you handled cadjpy??? hahahahahaha
  • #766,416
  • Aug 11, 2023 11:07am Aug 11, 2023 11:07am
Quoting GODofMC
{quote} goes down baby. go to the last support and i will sing Gam gam gam ki eleh Be be Gey tzalmavet Lo lo lo Eira Ra Ki ata Imadi Shivteha umishanteha Hema yi nahamuni Gam gam gam Gam gam gam ki eleh Be be Gey tzalmavet Lo lo lo Eira Ra Ki ata Imadi Gam gam gam ki eleh Be be Gey tzalmavet Lo lo lo Eira Ra Ki ata Imadi Shivteha umishanteha Hema yi nahamuni before {image} After {image}
It's my dream to have $10000 account balance. Take my respect!
Target: $100 to $1000
  • #766,417
  • Aug 11, 2023 11:13am Aug 11, 2023 11:13am
Quoting ninner
{quote} like the way you handled cadjpy??? hahahahahaha
I figured I had to give something back to big banks since I already took so much money from them. I was just being nice...

Actually, I closed CAD/JPY at break-even.

And break-even is probably better then what you did this week.

Am I right or am I right?

See you next week "Mr. Perfect"! Buhahahah
  • #766,418
  • Aug 11, 2023 11:24am Aug 11, 2023 11:24am
Quoting TheWraith
{quote} I figured I had to give something back to big banks since I already took so much money from them. I was just being nice... Actually, I closed CAD/JPY at break-even. And break-even is probably better then what you did this week. Am I right or am I right? See you next week "Mr. Perfect"! Buhahahah
Better help FED fight the inflation by taking money from the market.
You will drive interest rates sky high if you keep going with this Wraith!
You have an IQ lower than 90 if you interact with this user.
  • #766,419
  • Aug 11, 2023 11:27am Aug 11, 2023 11:27am
Quoting DeOt
{quote} It's my dream to have $10000 account balance. Take my respect!
its my dream too,
This is just a demo

Its moving now
Almost all blue now
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #766,420
  • Aug 11, 2023 11:28am Aug 11, 2023 11:28am
Quoting TheWraith
{quote} I figured I had to give something back to big banks since I already took so much money from them. I was just being nice... Actually, I closed CAD/JPY at break-even. And break-even is probably better then what you did this week. Am I right or am I right? See you next week "Mr. Perfect"! Buhahahah

you arent right!!!...You didnt handle it very well...it is up from your purchase price...in my books that is handling it poorly!!! Just my thoughts!!
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