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Cable Update (GBPUSD)

  • #773,981
  • Sep 11, 2023 8:49pm Sep 11, 2023 8:49pm
Quoting DrDave
{quote} Are you sure you got that right?? HH means a higher SWING high, which I don't see on D1 TF.
Yes, the swing high is the bigger structure, but i'm taking about the shift on the down swing(internal downward structure of D1) , which will ultimately produce the HH of the swing(external structure of D1- bigger uptrend resumes)
From internal structure to external structure of the D1 TF
More time in the market, does not mean you trade better!
  • #773,982
  • Sep 11, 2023 8:55pm Sep 11, 2023 8:55pm
Look at that liquidity grab on eurusd just now, if that isn’t manipulation, idk what is
Master your mind. Master Trading.
  • #773,983
  • Sep 11, 2023 9:16pm Sep 11, 2023 9:16pm
Quoting Fardeen1209
{quote} Yes, the swing high is the bigger structure, but i'm taking about the shift on the down swing(internal downward structure of D1) , which will ultimately produce the HH of the swing(external structure of D1- bigger uptrend resumes) From internal structure to external structure of the D1 TF
To me as posted above, what is happening now is internal structure.

Either there will be breakout today above monday high or

London could retrace for liquidity grab
Intraday only.
  • #773,984
  • Sep 11, 2023 9:30pm Sep 11, 2023 9:30pm
Attached Image (click to enlarge)
Click to Enlarge Name: my gbp now.png Size: 16 KB


Looks like the GBP is going up for us.i see that petercaleb guy is sparking a mess again for people here.i wish hed' just see to let people learn as they go. live and let live. oh well. whats done is done. some will learn and get away from these places and many will not. me - i wanna just trade the gbp and the others. if people wanna play on sites thats their business.
I believe simple is best
  • #773,985
  • Sep 11, 2023 10:06pm Sep 11, 2023 10:06pm
Quoting montygoldy
{quote} this is the beginning 50k gonna be a amazing feat … my timeline is to hit it within this month… EITHER I MAKE IT OR DIE TRYING…
...well, I don't support the "die" part.
It's either you make it or make it!
  • #773,986
  • Sep 11, 2023 10:10pm Sep 11, 2023 10:10pm
So far, Range dominates pretty much on every currency pair. I cannot trade in a Range like this...

Today, I'll only observe unless volatility picks up.
  • #773,987
  • Sep 11, 2023 10:44pm Sep 11, 2023 10:44pm
Quoting montygoldy
Plan for gu will sell a bit higher .. currently sits at decent hourly support… tomorrow i have a feeling dxy will print a higher price … so good chance for targeting tp below 1.25
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 17 KB
yes yes yes
  • #773,988
  • Sep 11, 2023 11:34pm Sep 11, 2023 11:34pm
Quoting fontu
Slow but looks ok breakout continues, confirmation at 2500,, below 2494, nearest support may at 2483, so targets. Take care {image}
Still playing high! Top bull set to deal first. Lets see who success.
Attached Image (click to enlarge)
Click to Enlarge Name: sketch-1694493183833.png Size: 87 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #773,989
  • Sep 12, 2023 12:23am Sep 12, 2023 12:23am
Quoting donfriday
buy for RR 1:3 {image}
What makes you think this thing is going up?
I saw your circles on the price action, it seems to me the bull strength is weakening.
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 58.1%
  • #773,990
  • Sep 12, 2023 12:31am Sep 12, 2023 12:31am
Cable buyers flex muscles ahead of UK Employment data, especially after three consecutive weekly declines.

The recovery moves, however, need validation from the falling wedge confirmation.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-D1-12092023.png Size: 66 KB
  • #773,991
  • Sep 12, 2023 12:32am Sep 12, 2023 12:32am
Quoting Reverso
{quote} What makes you think this thing is going up? I saw your circles on the price action, it seems to me the bull strength is weakening.
This thing isn't going anywhere today if you ask me. Save the money!

Aight, I'm off, coffee time..
  • #773,992
  • Sep 12, 2023 12:41am Sep 12, 2023 12:41am
ranging.. no clear direction
  • #773,993
  • Sep 12, 2023 12:44am Sep 12, 2023 12:44am
Quoting JereMi256
{quote} SL set @1.2546 TP pending update... {quote} If we make a new low tomorrow, my plan A will be in motion. {image}
Added shorts @1.2511
SL adjusted to 1.2536 for all positions.
Face 'ur fears & tame 'ur greed
  • #773,994
  • Edited 12:59am Sep 12, 2023 12:46am | Edited 12:59am
Quoting silverjazz
ranging.. no clear direction
so far yes , for both bear and bull set ups it may necessary play both ways except extreme craziness in the market , like continue bull without correction below 2500 , to 2493 or 85 or lows or bear without bull over 2523 to 28 + ! so overall range doiwn to decide .lets see , take care
also see gold posing breaks 1918.90 for 1903/ 1897 plays probable !
https://www.forexfactory.com/thread/...5#post14571955
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 14 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #773,995
  • Sep 12, 2023 12:51am Sep 12, 2023 12:51am
Quoting fontu
{quote} so far yes , for both bear and bull set ups it may necessary play both ways except extreme craziness in the market , like continue bull with correction or bear without bull ! lets see , take care {image}
yes i was trapped yesterday..
so tired of chasing dxy by being scalping in GU..
and it ends up in ranging today.. huft
good luck for today!
  • #773,996
  • Sep 12, 2023 12:59am Sep 12, 2023 12:59am
I am noticing volatiity really dropping in the fx markets which will provide opportunites when the volatility picks up again....be prepared.
  • #773,997
  • Sep 12, 2023 1:00am Sep 12, 2023 1:00am
104.030 is a strong support at dx
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dx.png Size: 11 KB
Click to Enlarge Name: gu.png Size: 11 KB
Click to Enlarge Name: gu1.png Size: 13 KB
yes yes yes
  • #773,998
  • Sep 12, 2023 1:02am Sep 12, 2023 1:02am
Really good claimant count number for the economy. Unemployment rate and wage increase not so impressive. Wage increase doesn't support rate cuts!
  • #773,999
  • Sep 12, 2023 1:02am Sep 12, 2023 1:02am
Quoting silverjazz
{quote} yes i was trapped yesterday.. so tired of chasing dxy by being scalping in GU.. and it ends up in ranging today.. huft good luck for today!
it was total abnormal play yesterday , au signaled bull and all followed crazily !! without signals i tried as in early birds short twice test but failed too and next only breakout played as scalping .
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #774,000
  • Sep 12, 2023 1:04am Sep 12, 2023 1:04am
perfect bulls trap
unbelievable they never stop those mf
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 15 KB
yes yes yes
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