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Cable Update (GBPUSD)

  • #792,981
  • Nov 27, 2023 5:45am Nov 27, 2023 5:45am
Quoting Headland
...perhaps a 'sizable' correction is probable at some point? 4hr in particular looking very 'rising wedgy?' Other than the aforementioned fibs, nothing on dly till that prev sw hi zone to 2747. nothing on wkly till that prev dly/wkly sw hi zone to 2800. dfly below {image}

Interesting because of the number of people on this thread calling for a price drop!


Sentiment (contrarian) appears to favor a price rise as well.
  • #792,982
  • Nov 27, 2023 5:49am Nov 27, 2023 5:49am
Quoting dantpm
{quote} Interesting because of the number of people on this thread calling for a price drop! Sentiment (contrarian) appears to favor a price rise as well.
Hi, Yeah made up of the 'already in short lower down,' + 'it can't go any higher,' + 'what goes up must come down,' + 'mean reversion' traders. Meantime until it starts to show signs of such a sizeable correction (in relation to the corrections since the move up started @ 2038 [relative to t/f,] ) you just have to go with whatever your set-ups indicate, even/especially if that is long.
Trader with an Edge.
  • #792,983
  • Nov 27, 2023 5:52am Nov 27, 2023 5:52am
Fucking c&*t

I am so fucking sick to death of it. Now matter what I fucking do, it just go to my fucking stops.
  • #792,984
  • Nov 27, 2023 5:54am Nov 27, 2023 5:54am
first cable trade of the day

m15 long 2623
in wondering about yourself, you forgot what you came here to be part of
  • #792,985
  • Nov 27, 2023 5:54am Nov 27, 2023 5:54am
Quoting MrFanciful
Fucking c&*t
Hi, lol!
----------------------

...took a bounce of Fri's hi

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB
Trader with an Edge.
  • #792,986
  • Nov 27, 2023 5:56am Nov 27, 2023 5:56am
Daily r1 got hit
1.26320
yes yes yes
  • #792,987
  • Nov 27, 2023 5:59am Nov 27, 2023 5:59am
sold 1.2635, target 1.2525... stop 1.2657.
Data + Stat + Risk/Emotions Management
  • #792,988
  • Nov 27, 2023 5:59am Nov 27, 2023 5:59am
Quoting Headland
{quote} Hi, lol! ---------------------- ...took a bounce of Fri's hi 1hr below {image}
I love how everyone says what it's done.
  • #792,989
  • Nov 27, 2023 6:01am Nov 27, 2023 6:01am
Headland could be onto something here maybe it wont be a correction and be more a big drop
we getting to the previous Support area from the drop in July August of 12680
Insane in the Brain..
  • #792,990
  • Nov 27, 2023 6:02am Nov 27, 2023 6:02am
Quoting MrFanciful
{quote} I love how everyone says what it's done.
Hi, sorry if that offends you, I used that text on that post (hindsight) as an intro to the chart, which is foresight - in respect of potential supp/res/sbr/rbs factors. The trend was obvious so the higher probability was obvious. With TA we have to look backwards (to the left of chart) to see what the probability of one thing happening over another might be going forwards - at hard right edge of chart.
Trader with an Edge.
  • #792,991
  • Nov 27, 2023 6:04am Nov 27, 2023 6:04am
I really do not understand how it can be going up more, makes no sense
  • #792,992
  • Nov 27, 2023 6:05am Nov 27, 2023 6:05am
Quoting mkvy
I really do not understand how it can be going up more, makes no sense
explain
  • #792,993
  • Nov 27, 2023 6:10am Nov 27, 2023 6:10am
Going UP

H1/H4 correction now trending in line with h4/d1 upswing
Follow The Markets Structure - Patience and Discipline
  • #792,994
  • Nov 27, 2023 6:11am Nov 27, 2023 6:11am
At least my signle ever USD/CHF trade, of a reversal, is nicely in profit. Shame it's on demo.

It's always the way. Demo is fine. Live, I get raped up the arse.

Down below £100 now. I can't wait for the fiat system to collapse. I'm genuinely looking forward to it. I want others to feel the misery that I feel.
  • #792,995
  • Nov 27, 2023 6:12am Nov 27, 2023 6:12am
Quoting MrFanciful
{quote} I love how everyone says what it's done.
Yeah... without having a clue why it gone did that! Feel you man.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: -11.9%
  • #792,996
  • Nov 27, 2023 6:29am Nov 27, 2023 6:29am
Quoting MrFanciful
At least my signle ever USD/CHF trade, of a reversal, is nicely in profit. Shame it's on demo. It's always the way. Demo is fine. Live, I get raped up the arse. Down below £100 now. I can't wait for the fiat system to collapse. I'm genuinely looking forward to it. I want others to feel the misery that I feel.
if u are so successful in losing, why not doing the opposite;-)
trading is like dancing, don't think and just listen to the music!
  • #792,997
  • Nov 27, 2023 6:32am Nov 27, 2023 6:32am
Quoting birdland
{quote} if u are so successful in losing, why not doing the opposite;-)
  • #792,998
  • Nov 27, 2023 6:35am Nov 27, 2023 6:35am
Quoting birdland
{quote} if u are so successful in losing, why not doing the opposite;-)
JFC it always come back to this cliche shit, doesn't it. Lol.
Congratulations ScalaFX for coming out of the closet!
  • #792,999
  • Nov 27, 2023 6:40am Nov 27, 2023 6:40am
???? is it any nearer?

Price @ the current dly hi just entered bottom of the prev 1hr/4hr sw lo zone (@ a fib which is 85.4% 2747-2038,) both referred to earlier, = prev supp = pot sbr that extends to circa 2662, with Wkly R1 @/around 2664. 57% 30day adr traveled so far today by price. Is this 2nd upside b/o of Asian hi truer?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 116 KB
Trader with an Edge.
  • #793,000
  • Nov 27, 2023 6:41am Nov 27, 2023 6:41am
as I see cable is trying to pick up trend (UP).., but before the news.., probably no spike up (?)
scalping for my marvelous "three pips".., two small short left
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicro-m1-xm-global-limited-2 27 11 cable b.png Size: 20 KB

on H4.., as a possible closest target above 1.2670th
dolce vita
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