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Cable Update (GBPUSD)

  • #773,041
  • Edited 11:28am Sep 6, 2023 10:52am | Edited 11:28am
well done , waiting more run down !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #773,042
  • Sep 6, 2023 10:56am Sep 6, 2023 10:56am
Quoting cablekingdom
{quote} Thank you sir, was really looking for reading material on ICT
Enjoy
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  • #773,043
  • Sep 6, 2023 10:57am Sep 6, 2023 10:57am
Quoting cablekingdom should keep you going
  • #773,044
  • Sep 6, 2023 11:01am Sep 6, 2023 11:01am
Quoting T721
Quoting cablekingdom should keep you going
Thank you sir
  • #773,045
  • Sep 6, 2023 11:13am Sep 6, 2023 11:13am
Anyone up for THEBALLS of 400 handles FTSE IDEA -- CHART SPEAKS
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  • #773,046
  • Sep 6, 2023 11:14am Sep 6, 2023 11:14am
Last trades opened for the day … so in total 2 trades long on cable targeting 1.25200 and 2 longs on Dow which is underwater targeting 34491…. Holding these two now with steel balls …. Otherwise decent performance today aiming to reach 1k + day on this small account …
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Extreme gut feeling trader
  • #773,047
  • Sep 6, 2023 11:15am Sep 6, 2023 11:15am
Will update FTSE (uk100) as we drop
  • #773,048
  • Sep 6, 2023 11:15am Sep 6, 2023 11:15am
Quoting montygoldy
Last trades opened for the day … so in total 2 trades long on cable targeting 1.25200 and 2 longs on Dow which is underwater targeting 34491…. Holding these two now with steel balls …. Otherwise decent performance today aiming to reach 1k + day on this small account … {image} {image}
Killin it
  • #773,049
  • Sep 6, 2023 11:19am Sep 6, 2023 11:19am
Quoting Georginson
{quote} 1.21 may be a step too far even in September, as that month will be the last month of the third quarter. A normal quarterly range is usually between 570 - 750 pips. So far this quarter has done 528 pips (1.3142 - 1.2614). Even if we are to have a full blown quarter range of 750 pips (1.3142 minus 750 pips) that will be 1.2390... this means that the lowest price may go in September is 1.2390, while the average possible price for September is 1.2530. These are simulations which may be wrong.
I'm still holding on to this ... Expected September Range is 500+ pips. Also noteworthy that this current quarter range is already 660 pips (1.3142 - 1.2482) of expected maximum 750 pips...

Even if 1.2390 occurs, we can still attain 1.29 this September. Trade with utmost caution and always plan ahead.
Data + Stat + Risk/Emotions Management
  • #773,050
  • Sep 6, 2023 11:19am Sep 6, 2023 11:19am
Quoting TheWraith
{quote} Good job! The thing with dark side however... If one believes in the dark, he must acknowledge the light. Then, how wise is to be on the dark side if we know the light enlightens and casts away the darkness? "And the light shineth in darkness; and the darkness comprehended it not" - John 1:5
  • #773,051
  • Sep 6, 2023 11:19am Sep 6, 2023 11:19am
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MY OPINION NOT FINANCIAL ADVISE
  • #773,052
  • Sep 6, 2023 11:21am Sep 6, 2023 11:21am
Quoting montygoldy
Last trades opened for the day … so in total 2 trades long on cable targeting 1.25200 and 2 longs on Dow which is underwater targeting 34491…. Holding these two now with steel balls …. Otherwise decent performance today aiming to reach 1k + day on this small account … {image} {image}
imo would hold for more on GU
  • #773,053
  • Sep 6, 2023 11:21am Sep 6, 2023 11:21am
Quoting T721
{quote} You should get on zoom with me when i feel better
Will gladly join, as long as it's not at 3am here in the US

I called that 1.2500 btw....
  • #773,054
  • Sep 6, 2023 11:24am Sep 6, 2023 11:24am
Quoting T721
EUR/GBP sell to 8420 area for a swing or use adr for target today.. if it goes higher i add more
This will drop once GU grabs a footing... itsa swing so gonna take loadsa time
  • #773,055
  • Sep 6, 2023 11:24am Sep 6, 2023 11:24am
Quoting forexn00b81
{quote} Will gladly join, as long as it's not at 3am here in the US
Tonight if you want. I just need to get drugged up... Send me dm and i will send you the link round about 8pm UK if that suits you
  • #773,056
  • Sep 6, 2023 11:28am Sep 6, 2023 11:28am
Quoting T721
{quote} imo would hold for more on GU
Once this bottoms i gotta a feeling we go back to 12650/127s and more possibly 128s
  • #773,057
  • Sep 6, 2023 11:31am Sep 6, 2023 11:31am
Quoting donfriday
Only for Swing Traders no obligation to follow sometime u need to look for low risk high reward trades {image}

the big picture ..

i am waiting for the Q3 to find it low
MY OPINION NOT FINANCIAL ADVISE
  • #773,058
  • Sep 6, 2023 11:41am Sep 6, 2023 11:41am
Quoting Wavegarrick
{quote} 1.25000 it is. Adios. {image}
Test the water buy trade at 1.25000. Will treat this as a scalp for now.
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Trade to trade another day
  • #773,059
  • Sep 6, 2023 11:46am Sep 6, 2023 11:46am
Quoting Waveskierrob
You will next next ... answers on a postcard......Todays GU will be down...May be
  • #773,060
  • Edited 12:15pm Sep 6, 2023 11:52am | Edited 12:15pm
I do these markups, bc i believe it will soon help me to spot these confluences in actual trading.. Noting the price at the open and how it relates to the vwap, the daily open on a expected red d1 candle day, as well as the sweep of liquidity just before the drop with the fvg (created by nothing more than big volume and movement) with displacement.. lots of confluence for a selloff especially when we know bidenomics effects on our economy..

Note the price runs to equal levels on nasdaq very frequently to efficiently hunt for liquidity, whats always at those locations? ORDERS....
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