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Cable Update (GBPUSD)

  • #785,201
  • Oct 23, 2023 7:48am Oct 23, 2023 7:48am
Quoting Moty
{quote} it broke in the end and hit the tp But i didn't wanted to go with I waited for the long position What is with the tp at 1.21855 ? Take it out allready mf {image}
I got it wrong it seems 12180 is the resistance area a big one.
Insane in the Brain..
  • #785,202
  • Oct 23, 2023 7:53am Oct 23, 2023 7:53am
Quoting Pat Chiko
{quote} This can be seen as the price began to reject lower prices at the Daily/H4 demand zone. (with QM setup is an additional weightage) As a proactive trader, I took the necessary step of going long last Friday, in anticipation that the price would go up to fill the Fair Value Gap (FVG) above. This is a normal course for the price as it seeks to find easy liquidity zones to fill its order book. Thanks in advance. Pat CHIKO..{image} {image}
GU

Updating scalping position:
Take out some (OUT)
Add some in on pullback (IN)

Take some profit out along the way and add back on completion of pullback (PB).
In this way, the account will be in a positive balance with the stop loss moved to breakeven or profit zone.

Next target within reach.
Move to positive stop loss.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 055.jpg Size: 342 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #785,203
  • Oct 23, 2023 8:02am Oct 23, 2023 8:02am
Quoting Pat Chiko
{quote} GU Updating scalping position: Take out some (OUT) Add some in on pullback (IN) Take some profit out along the way and add back on completion of pullback (PB). In this way, the account will be in a positive balance with the stop loss moved to breakeven or profit zone. Next target within reach. Move to positive stop loss. {image}
Pat, Friday's PA can be a problem here. On the daily chart, GU hit a resistance zone that coincides with res. zone on the 15M chart. Looking for a target @1.2195
Attached Image (click to enlarge)
Click to Enlarge Name: GU 10.23 15M.png Size: 50 KB
Always trade your own plan...I don't provide trading signals.
  • #785,204
  • Oct 23, 2023 8:05am Oct 23, 2023 8:05am
Come on mf, hit my tp
Attached Image (click to enlarge)
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yes yes yes
  • #785,205
  • Oct 23, 2023 8:11am Oct 23, 2023 8:11am
Quoting Moty
Come on mf, hit my tp {image}
be patient, the doctor will come
If i were you, i will taking all profit right now, pew pipss miss not bad
Nice analysis today btw
10000% Wannabe . -$3000 & -$4000
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  • #785,206
  • Oct 23, 2023 8:15am Oct 23, 2023 8:15am
For GU to maintain bullish momentum, hour close above 1.2170 is essential.

If this candle does not close above 1.2170 or close to it then in my opinion PA will drop below 1.2140
  • #785,207
  • Oct 23, 2023 8:17am Oct 23, 2023 8:17am
Quoting Moty
Come on mf, hit my tp {image}
Price can't decide whether it wants to break weekly average
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 15 KB
  • #785,208
  • Oct 23, 2023 8:19am Oct 23, 2023 8:19am
Quoting Coreg2004
{quote} Pat, Friday's PA can be a problem here. On the daily chart, GU hit a resistance zone that coincides with res. zone on the 15M chart. Looking for a target @1.2195 {image}
Thanks Goreg,
.I'm always looking forward to your comments and views.

The new H4 candle just opened, and I'm looking at the 1.22XXX area as my next TP.
I haven't yet established the new count on LTF, as I mostly scalp/trade using HTF (daily/H4).

With H1 as my entry point, it's difficult to see it on LTF and establish the count, as it's still moving upward after completing the 3-3-5 Flat.
As such, I will take a long position at any 123 pullback.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 056.jpg Size: 235 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #785,209
  • Oct 23, 2023 8:28am Oct 23, 2023 8:28am
Quoting Pat Chiko
{quote} Thanks Goreg, .I'm always looking forward to your comments and views. The new H4 candle just opened, and I'm looking at the 1.22XXX area as my next TP. I haven't yet established the new count on LTF, as I mostly scalp/trade using HTF (daily/H4). With H1 as my entry point, it's difficult to see it on LTF and establish the count, as it's still moving upward after completing the 3-3-5 Flat. As such, I will take a long position at any 123 pullback. {image}
Pat, your point of view is also well supported by the Pivot Point strategy. We look for 2 levels of movement during the day. If today's PP @1.2143 is the floor, a move to R2@ at 1.2220 can be expected. As always the market will verify the theory.
Always trade your own plan...I don't provide trading signals.
  • #785,210
  • Oct 23, 2023 8:30am Oct 23, 2023 8:30am
Cl is also crooky
Bears trap
Attached Image (click to enlarge)
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yes yes yes
  • #785,211
  • Oct 23, 2023 8:36am Oct 23, 2023 8:36am
2170 may have killed the uptrend
Attached Image (click to enlarge)
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in wondering about yourself, you forgot what you came here to be part of
  • #785,212
  • Oct 23, 2023 8:42am Oct 23, 2023 8:42am
Quoting tiborf71
{quote} long. 1,21290
I still hold it.
  • #785,213
  • Oct 23, 2023 8:42am Oct 23, 2023 8:42am
This is the last one i am updating until the end of the day lol
From tomorrow it will 2 update per day
In the middle and in the end
Attached Image (click to enlarge)
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yes yes yes
  • #785,214
  • Oct 23, 2023 8:44am Oct 23, 2023 8:44am
Look like M pattern For me. But i dont think i can sell or buy righ now
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20231023_204319.jpg Size: 810 KB
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  • #785,215
  • Oct 23, 2023 9:00am Oct 23, 2023 9:00am
Quoting Moty
This is the last one i am updating until the end of the day lol From tomorrow it will 2 update per day In the middle and in the end {image}
Yes yes yes
A win from 1 pips from getting stopped out
Attached Image (click to enlarge)
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yes yes yes
  • #785,216
  • Oct 23, 2023 9:01am Oct 23, 2023 9:01am
Quoting Pat Chiko
{quote} GU Updating scalping position: Take out some (OUT) Add some in on pullback (IN) Take some profit out along the way and add back on completion of pullback (PB). In this way, the account will be in a positive balance with the stop loss moved to breakeven or profit zone. Next target within reach. Move to positive stop loss. {image}
GU

2nd batch was stopped out.
unnecessaries tight SL was the reason

Balance still open with positive stops.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 057.jpg Size: 293 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #785,217
  • Oct 23, 2023 9:02am Oct 23, 2023 9:02am
Quoting GODofMC
Look like M pattern For me. But i dont think i can sell or buy righ now {image}
There also appears to be an inverse H&S in the 15 min.
  • #785,218
  • Oct 23, 2023 9:03am Oct 23, 2023 9:03am
Quoting fxmasterdxb
For GU to maintain bullish momentum, hour close above 1.2170 is essential. If this candle does not close above 1.2170 or close to it then in my opinion PA will drop below 1.2140
time to long now for me
  • #785,219
  • Oct 23, 2023 9:04am Oct 23, 2023 9:04am
Still in uptrend.
Intraday only.
  • #785,220
  • Oct 23, 2023 9:05am Oct 23, 2023 9:05am
Quoting GODofMC
Look like M pattern For me. But i dont think i can sell or buy righ now {image}
M Pattern Failed


Quoting dantpm
{quote} There also appears to be an inverse H&S in the 15 min.
yes GU is confusing latetely.
Better stick with EU but slow movement doesnt suit me
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