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Cable Update (GBPUSD)

  • #776,921
  • Sep 20, 2023 10:01pm Sep 20, 2023 10:01pm
1.215 getting closer and closer...
EUR/USD - Monthly S2 - 1.048

Japan's imminent intervention will slow down the fall of EUR and GBP against USD however...

H&S Pattern is finally complete on Daily Chart
  • #776,922
  • Sep 20, 2023 10:04pm Sep 20, 2023 10:04pm
Looks like we are sinking, it's not gonna stop. Maybe a little pull back before major crash to the support at 1.2100.
Secret to the Price Action is Liquidity.
  • #776,923
  • Sep 20, 2023 10:06pm Sep 20, 2023 10:06pm
Attached Image (click to enlarge)
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yes yes yes
  • #776,924
  • Sep 20, 2023 10:06pm Sep 20, 2023 10:06pm
My reading of the MM's ( based on human behaviour)--

Now when they know most of the retail traders are tired & most of them hv lost hopes that GU will ever go up, they could turn the trend today after BOE
  • #776,925
  • Sep 20, 2023 10:06pm Sep 20, 2023 10:06pm
Quoting ninner
{quote} well that stop hunt allowed me to enter a long position on the pullback.
very good my friend , I notice our trades align a lot so you know what you’re doing ! Congrats
Master your mind. Master Trading.
  • #776,926
  • Sep 20, 2023 10:07pm Sep 20, 2023 10:07pm
Quoting ninner
{quote} well that stop hunt allowed me to enter a long position on the pullback.
yes, that was stop hunt.
Intraday only.
  • #776,927
  • Sep 20, 2023 10:11pm Sep 20, 2023 10:11pm
Quoting iusman23
Looks like we are sinking, it's not gonna stop. Maybe a little pull back before major crash to the support at 1.2100.
Bhai itni kyun fatti rehti hai teri,small lot size le...tune bhi raaton raat babar Azam ki tarah ferrari Leni hai kya
  • #776,928
  • Sep 20, 2023 10:12pm Sep 20, 2023 10:12pm
Quoting cablekingdom
My reading of the MM's ( based on human behaviour)-- Now when they know most of the retail traders are tired & most of them hv lost hopes that GU will ever go up, they could turn the trend today after BOE
Yes, that can be a possibility. Also, take a look at daily chart. Head and shoulder pattern is complete even in H4. Trend reversals are possible. This is making me hold 3 long positions showing me loss.
But exceptions are always there.
Secret to the Price Action is Liquidity.
  • #776,929
  • Sep 20, 2023 10:20pm Sep 20, 2023 10:20pm
Quoting cablekingdom
{quote} Bhai itni kyun fatti rehti hai teri,small lot size le...tune bhi raaton raat babar Azam ki tarah ferrari Leni hai kya
1 Mahina hua hai shuro kiye. Atay he funded account wash kerne ka mood nai hai,
Secret to the Price Action is Liquidity.
  • #776,930
  • Sep 20, 2023 10:24pm Sep 20, 2023 10:24pm
Quoting gespiri
Waiting for 1.2305-1.2328 (weekly S1) for a possible bounce up to weekly pivot. Patience needed.
Now let's wait and see if it creates a base around these levels.....
If so, target could be around 1.26......then back down to 1.2231.
Lost....
  • #776,931
  • Sep 20, 2023 10:27pm Sep 20, 2023 10:27pm
Will it be supported?

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  • #776,932
  • Sep 20, 2023 10:34pm Sep 20, 2023 10:34pm
Attached Image (click to enlarge)
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Exited shorts at 1.23 10 and reversed to long . . . .

  • #776,933
  • Sep 20, 2023 10:38pm Sep 20, 2023 10:38pm
Attached Image (click to enlarge)
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E. H' . --- It can go lower , sure. BUt I take my prfys and run here now.

  • #776,934
  • Sep 20, 2023 10:41pm Sep 20, 2023 10:41pm
https://www.forexfactory.com/news/12...k-of-rate-hike
Using Chaos to Finding Order
  • #776,935
  • Sep 20, 2023 10:58pm Sep 20, 2023 10:58pm
Gu update --- chart speaks
Attached Image (click to enlarge)
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  • #776,936
  • Sep 20, 2023 11:07pm Sep 20, 2023 11:07pm
Let see how it play
Attached Image (click to enlarge)
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More time in the market, does not mean you trade better!
  • #776,937
  • Sep 20, 2023 11:30pm Sep 20, 2023 11:30pm
Quoting Fardeen1209
{quote} I opened twee message now but it is no longer here, did the message disappear for you too? {image} I guess all red diamond cable thread members received his message
I have this message still
People don't plan to lose. They lose because they don't plan.
  • #776,938
  • Sep 20, 2023 11:31pm Sep 20, 2023 11:31pm
Quoting ninner
{quote} Unfortunately, you are one of the biggest problems on the board!!!
what is the problem with me Nynny? Please respond
People don't plan to lose. They lose because they don't plan.
  • #776,939
  • Sep 20, 2023 11:32pm Sep 20, 2023 11:32pm
Plan mid term
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  • #776,940
  • Sep 20, 2023 11:39pm Sep 20, 2023 11:39pm
Quoting Whale
Plan mid term {image}
copy that long GU 2320, pendings 2310, 2300, 2290, 2280
People don't plan to lose. They lose because they don't plan.
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