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Cable Update (GBPUSD)

  • #792,941
  • Nov 27, 2023 3:03am Nov 27, 2023 3:03am
Quoting Fardeen1209
{quote} There is a high possibilty that we will revisit $2032-$2050 daily supply on Gold before reversing. I'm monitoring it closely, waiting for scalping setup
yeah I know that, I see 2039, but every dollar above 2000 I think is good oportunity to make huge ammount of money till next year so I will be holding this for a while
People don't plan to lose. They lose because they don't plan.
  • #792,942
  • Nov 27, 2023 3:05am Nov 27, 2023 3:05am
Quoting Fardeen1209
{quote} There is a high possibilty that we will revisit $2032-$2050 daily supply on Gold before reversing. I'm monitoring it closely, waiting for scalping setup
daily close above 2007 is important for high target.
  • #792,943
  • Nov 27, 2023 3:12am Nov 27, 2023 3:12am
Quoting Whale
{quote} daily close above 2007 is important for high target.
Because of the previous swing high?

Because at 2020, we have a good SRF, waiting for PA to confirm the level, then short scalping to 1996 SRF or 1990 4hr Dz, Before another push up to Daily Supply.

Something like this
Attached Image (click to enlarge)
Click to Enlarge Name: GOLD_2023-11-27_13-13-55.png Size: 40 KB
More time in the market, does not mean you trade better!
  • #792,944
  • Nov 27, 2023 3:15am Nov 27, 2023 3:15am
Quoting mkvy
The biggest error in forex trading is trying to predict where the price is going based on the charts does not matter how many lines you draw, the price will make its own decision
If you were a red diamond trader you'd know that you are wrong, and obviously the more crayons the better. Just ask Moty, and the elliott wave clowns in here.

I come here for the lolz, and this thread provides it by the minute.
Congratulations ScalaFX for coming out of the closet!
  • #792,945
  • Nov 27, 2023 3:17am Nov 27, 2023 3:17am
There are signs of market tending to dip ( I wouldnt dare calling it reversal at this stage), i need to see 30 min candle closing below 1.2585 for confirmation, ofcourse having 4 hr candle closing below same level will be solid indication of potential dipping
IF i sell, my first TP will be around 1.2485 with SL set @ 1.2635
  • #792,946
  • Nov 27, 2023 3:18am Nov 27, 2023 3:18am
Quoting nubcake
{quote} If you were a red diamond trader you'd know that you are wrong, and obviously the more crayons the better. Just ask Moty, and the elliott wave clowns in here. I come here for the lolz, and this thread provides it by the minute.
hopefully i will not become a red diamond then. I dont think its possible to be a red diamond and have a trade explorer too
  • #792,947
  • Nov 27, 2023 3:21am Nov 27, 2023 3:21am
Quoting fxmasterdxb
There are signs of market tending to dip ( I wouldnt dare calling it reversal at this stage), i need to see 30 min candle closing below 1.2585 for confirmation, ofcourse having 4 hr candle closing below same level will be solid indication of potential dipping IF i sell, my first TP will be around 1.2485 with SL set @ 1.2635
I think that we are heading down! It was kind of an aggressive move on this 30 min candle
  • #792,948
  • Nov 27, 2023 3:22am Nov 27, 2023 3:22am
Quoting MrFanciful
{quote} £20,000 of pain not enough? The problem is not my money management, its not over leveraging. I'm in the wrong direction all the time. It doesn't matter how good my money management is if I'm in the wrong direction. Remember "follow the trend"? Well, there is also "don't chase price" but they are exactly the same thing. The longer a trend goes on for, the closer it gets to the end. It's not like the longer it goes on for, the stronger it gets because it that was the case, by definition, the market would only go in one direction, and the rate...
Step one: Stop listening to any of the fuckwits in here, and that includes me.

Step two: Actually figure out when price moves enough for you to give a shit. When you have reason to get in, and also expect to be able to SCALE THE FUCK IN on the winners for big payoffs. If you can't scale in then you are just trading the noise like everyone in here right now.

Step three: Do nothing the rest of the time and not be like the fuckwits. Come here, see what everyone is talking about, and write it off as wrong, because it will be wrong. Then sit on your hands and pick your butthole. You will pick many more winners than anyone here.
Congratulations ScalaFX for coming out of the closet!
  • #792,949
  • Nov 27, 2023 3:23am Nov 27, 2023 3:23am
126 holding off well. I haven’t had a look at historical trends for Monday after thanksgiving but since the dollar was on leave the pound took a decent grab. Markets should be getting back to normal this week so maybe a day or so of a correction.

maybe magnet 12530?
Insane in the Brain..
  • #792,950
  • Nov 27, 2023 3:24am Nov 27, 2023 3:24am
Quoting Fardeen1209
{quote} Because of the previous swing high? Because at 2020, we have a good SRF, waiting for PA to confirm the level, then short scalping to 1996 SRF or 1990 4hr Dz, Before another push up to Daily Supply. Something like this {image}
the daily fvg that hold the price below it.
  • #792,951
  • Nov 27, 2023 3:24am Nov 27, 2023 3:24am
[quote=papuasu;14668301]{quote} I think that we are heading down! It was kind of an aggressive move on this 30 min candle[/quote]


On the 5 minute window it is pretty obvious that the market is playing with retail traders at the moment!
  • #792,952
  • Nov 27, 2023 3:25am Nov 27, 2023 3:25am
Quoting fxmasterdxb
There are signs of market tending to dip ( I wouldnt dare calling it reversal at this stage), i need to see 30 min candle closing below 1.2585 for confirmation, ofcourse having 4 hr candle closing below same level will be solid indication of potential dipping IF i sell, my first TP will be around 1.2485 with SL set @ 1.2635
I don’t think it will be a reversal more a correction which would cover the days when it was quiet due to thanksgiving
Insane in the Brain..
  • #792,953
  • Nov 27, 2023 3:26am Nov 27, 2023 3:26am
Quoting nubcake
{quote} Step one: Stop listening to any of the fuckwits in here, and that includes me. Step two: Actually figure out when price moves enough for you to give a shit. When you have reason to get in, and also expect to be able to SCALE THE FUCK IN on the winners for big payoffs. If you can't scale in then you are just trading the noise like everyone in here right now. Step three: Do nothing the rest of the time and not be like the fuckwits. Come here, see what everyone is talking about, and write it off as wrong, because it will be wrong. Then sit...
How about posting some charts with analysis and targets or is that way above your pay grade --- Who knows, somecunt might make money from your analysis
  • #792,954
  • Nov 27, 2023 3:27am Nov 27, 2023 3:27am
Quoting mkvy
{quote} hopefully i will not become a red diamond then. I dont think its possible to be a red diamond and have a trade explorer too
FF wanted to make it a red clown nose. Don't join the circus.
Congratulations ScalaFX for coming out of the closet!
  • #792,955
  • Nov 27, 2023 3:28am Nov 27, 2023 3:28am
Quoting T721
{quote} How about posting some charts with analysis and targets or is that way above your pay grade --- Who knows, somecunt might make money from your analysis
How about spamming your bullshit some more. Go make some trades - I'm sure you've got a million reasons to be trading today. This is your kind of day.
Congratulations ScalaFX for coming out of the closet!
  • #792,956
  • Nov 27, 2023 3:33am Nov 27, 2023 3:33am
Quoting nubcake
{quote} How about spamming your bullshit some more. Go make some trades - I'm sure you've got a million reasons to be trading today. This is your kind of day.
did not even realise that its a public holiday in usa..
I dont look at the news, unfortunately there are the FF news watchers everywhere, thats a big downside to this forum
  • #792,957
  • Nov 27, 2023 3:34am Nov 27, 2023 3:34am
Quoting T721
GBP/USD --- will be waiting for sells this week... target grey zones on chart {image}
So far so good. turned right where it should but not ruling out taking todays top again b4 the bigger drop. All positions in profit for now anyway
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screen Shot 2023-11-26 at 12.04.18.png Size: 79 KB
Click to Enlarge Name: Screen Shot 2023-11-27 at 09.30.43.png Size: 40 KB
  • #792,958
  • Nov 27, 2023 3:35am Nov 27, 2023 3:35am
Quoting BeeTogether
{quote} I don’t think it will be a reversal more a correction which would cover the days when it was quiet due to thanksgiving
im with you principally, my worry is the daily candles looks somewhat exhausted which could indicate end of upward move, anyway its too early to make such a call and i prefer to look at it as a dip rather than reversal for the time being
  • #792,959
  • Nov 27, 2023 3:37am Nov 27, 2023 3:37am
Quoting fxmasterdxb
There are signs of market tending to dip ( I wouldnt dare calling it reversal at this stage), i need to see 30 min candle closing below 1.2585 for confirmation, ofcourse having 4 hr candle closing below same level will be solid indication of potential dipping IF i sell, my first TP will be around 1.2485 with SL set @ 1.2635
Having broken high of friday, the reversal is 2635/40.
Intraday only.
  • #792,960
  • Nov 27, 2023 3:39am Nov 27, 2023 3:39am
Quoting mkvy
{quote} did not even realise that its a public holiday in usa.. I dont look at the news, unfortunately there are the FF news watchers everywhere, thats a big downside to this forum
So if it's a public holiday in the big ol' US of A, does it make sense to be trading a currency cross that has US dollars in it?

Now take a look at your "peers" in here, and what they are doing. Notice anything that seems kind of retarded?

Go to a glue factory and you'll find these idiots in here still taking bets on which horse will come first in a race.
Congratulations ScalaFX for coming out of the closet!
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