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Cable Update (GBPUSD)

  • #766,941
  • Aug 14, 2023 7:16am Aug 14, 2023 7:16am
I'm should better of collecting 5pips each trade instead of trying to hit the jackpot every time.
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Don't mind me.. i'm crazy
  • #766,942
  • Aug 14, 2023 7:19am Aug 14, 2023 7:19am
Quoting purevenom
I'm should better of collecting 5pips each trade instead of trying to hit the jackpot every time. {image}
as long as you are building that account all is good
  • #766,943
  • Aug 14, 2023 7:19am Aug 14, 2023 7:19am
Now we wait for a deep retrace and for ao to bullish, and enter short at the first red bar
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yes yes yes
  • #766,944
  • Aug 14, 2023 7:21am Aug 14, 2023 7:21am
This thread is getting watered down…
be a thinker before being a reacter
  • #766,945
  • Aug 14, 2023 7:23am Aug 14, 2023 7:23am
Quoting T721
{quote} as long as you are building that account all is good
I’ve been practicing what you have shown me and I have been bringing the account back up. It’s a slow grind but I like how confident I am building positions now. Thank you sir
be a thinker before being a reacter
  • #766,946
  • Aug 14, 2023 7:25am Aug 14, 2023 7:25am
Quoting boodvah
{quote} I’ve been practicing what you have shown me and I have been bringing the account back up. It’s a slow grind but I like how confident I am building positions now. Thank you sir
You are welcome pal ---- keep doing what we went over on zoom and dont rush the process ... can do more zooms with you when you like

I hope you are now seeing the markets in a different light
SLOW is the way you should be doing it... soon as you go ballsdeep in a trade thats the trade that kills
  • #766,947
  • Aug 14, 2023 7:33am Aug 14, 2023 7:33am
Flight to the dollar after some news about a chinese shadow bank misses payments

Interesting how this so called news lines up perfectly with what price should be doing or was expecting.
Follow The Markets Structure - Patience and Discipline
  • #766,948
  • Aug 14, 2023 7:38am Aug 14, 2023 7:38am
Quoting LifeRider
{quote} First target would have been hit: {image}
Potentially we're back on track for the daily target (my actual target):
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I have no clue where it's going
  • #766,949
  • Aug 14, 2023 7:40am Aug 14, 2023 7:40am
THE PEEPING TOM IS BACK




https://assets.faireconomy.media/nfs...ar57027_13.gif Twee
  • #766,950
  • Aug 14, 2023 7:40am Aug 14, 2023 7:40am
Quoting LifeRider
{quote} Potentially we're back on track for the daily target (my actual target): {image}
Yes i thought it was a bit strange that after that big top only one movement down and as i said in my earlier post that movement up was the C swing of a correction so cable should drop to the D1 low at least and probably more

So we are still in the first wave from the D1 top and at some point 4H will correct before further movement down.
Follow The Markets Structure - Patience and Discipline
  • #766,951
  • Aug 14, 2023 7:45am Aug 14, 2023 7:45am
Quoting TheWraith
{quote} Another successful pattern anticipation/recognition. I'm starting to think these patterns actually work. Key is to identify the pattern while it's still in the process of being created, to anticipate what pattern is next based on the information we have at hand. Bullish flag was a success, now this h&s... I tell you, these patterns might actually be working. If they are, this is nothing short of amazing, because we can predict even bigger moves then. Just like Captain Jack forecasted EUR/USD will go below parity years before. Patterns...

Did you keep your GU short open ?

Patterns do work on the corrective swings , however you have to watch for the B swing as that is often mistaken for a continuation and traders get trapped

See how easy it is to be fooled into H &S etc, i saw the move up on EURUSD as corrective because the 4h and D1 are down and the small rally as a prelude to an impulse down.

I would concentrate on impulse correction , these H&S are larger degree patterns if that makes any sense
Follow The Markets Structure - Patience and Discipline
  • #766,952
  • Aug 14, 2023 7:46am Aug 14, 2023 7:46am
Quoting FulMargnAlch
{quote} {image}
Happy pips to all. Target hit, 1:3.
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The market hides a perfect geometry.
  • #766,953
  • Aug 14, 2023 7:47am Aug 14, 2023 7:47am
EU and GU are finished.
Trade at your own risk.
  • #766,954
  • Aug 14, 2023 7:48am Aug 14, 2023 7:48am
Quoting Moty
Now we wait for a deep retrace and for ao to bullish, and enter short at the first red bar {image}
Caught that mf thqt try to run on me
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yes yes yes
  • #766,955
  • Aug 14, 2023 7:51am Aug 14, 2023 7:51am
Quoting Zebi
im buying gold when price falls to 1910 and will buy GU when gets to .2665 cause i want to be part of this club
even tho i cancelled the orders and went to bed cause they missed by pennies in both instruments I thought id still brag
short trump and go long the deepstate
  • #766,956
  • Aug 14, 2023 7:54am Aug 14, 2023 7:54am
gona look for more longs again...just countertrend back to .2750 mind you ...weekly dollar heading back to 105 so gold and GU screwed

https://www.forexfactory.com/thread/...8#post14534268

from the gold thread



edit: meant 115
short trump and go long the deepstate
  • #766,957
  • Aug 14, 2023 7:56am Aug 14, 2023 7:56am
Quoting T721
{quote} You are welcome pal ---- keep doing what we went over on zoom and dont rush the process ... can do more zooms with you when you like I hope you are now seeing the markets in a different light SLOW is the way you should be doing it... soon as you go ballsdeep in a trade thats the trade that kills
yea I have been doing one trade per week usually after Monday before Thursday and entering trades around 5am my time using the 4h looking for the rollover. It’s slow but it’s becoming very identifiable for me
be a thinker before being a reacter
  • #766,958
  • Aug 14, 2023 7:58am Aug 14, 2023 7:58am
Quoting T721
{quote} as long as you are building that account all is good
I'm quiet OKish at taking an entry even in seem like it in the middle of nowhere by watching 2-3 different TF.
Maybe i'm just addicted to the trill of it instead of just waiting at the best spot to initiate the trade.
Don't mind me.. i'm crazy
  • #766,959
  • Aug 14, 2023 8:01am Aug 14, 2023 8:01am
LMAO i wonder if he means me
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  • #766,960
  • Aug 14, 2023 8:04am Aug 14, 2023 8:04am
Is it a good entry to go long?


Tempted at 1.2655
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