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Cable Update (GBPUSD)

  • #794,321
  • Nov 30, 2023 3:16pm Nov 30, 2023 3:16pm
Quoting Moty
{quote} I need some yes Tomorrow the target is to get to 100 $ , this will be one hell of an achievement
Why don't you take out at least half of the profit at the end of each day?
  • #794,322
  • Nov 30, 2023 3:31pm Nov 30, 2023 3:31pm
Quoting Zebi
{quote} ... bulls shouldnt have messed with the natural order of things and ramped price up on tuesday for no TA reason whatever especially since news was dollar positive...
Hi. Just to be clear, TA is a function of the graphical representation of price movement over time, (price charts,) and price movement is principly a result of the market's analysis of fundamental factors that may affect the value of the instrument/asset. Whilst there is some anecdotal evidence to suggest that TA can affect price, (for eg a pinbar develops,) it is in the first instance, fundie factors, or more accurately put, the net result of the market's analysis of them, that drive price.
Trader with an Edge.
  • #794,323
  • Nov 30, 2023 3:32pm Nov 30, 2023 3:32pm
Quoting Pat Chiko
{quote} Thanks Goreg & Fardeen for sharing your GU outlook using EW here. As a learner, just want to ask my marking base on corrective pattern. Your comment greatly appreciated. THanks PAT {image}
Can you help me to figure this:

1. Price makes supply zone (SBR also at some point) in H4

Attached Image (click to enlarge)
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2. Price came to supply zone first time

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3. We are looking for sell orders at lower timeframe (H1)
we look for liquidity grab by breaking high and giving us some confirmation by first candle going down (we sell there)
we have this sell setup 2 times in this H4 supply zone

Attached Image (click to enlarge)
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4. then we define our stops and take profit levels (trade management - the hardest thing)

we put stops 10 pips above our supply zone
we put our targets at first target areas

Attached Image (click to enlarge)
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Pat, can you look and give me the path?
  • #794,324
  • Nov 30, 2023 3:41pm Nov 30, 2023 3:41pm
[quote=Coreg2004;14674238]
Quoting Whale
EW experts, after 5 waves, what is the minimum correction of the whole 5 waves?[/quote Whale, go with the ext 127.2-161.8% of the last corrective swing. {image} Choose any # from the green zone{image}

  • #794,325
  • Nov 30, 2023 4:06pm Nov 30, 2023 4:06pm
Trying longs for asian session….
Extreme gut feeling trader
  • #794,326
  • Nov 30, 2023 4:45pm Nov 30, 2023 4:45pm
hi guys,

Asia / Tokyo may hold 2600.

retrace is limited from 2600 to 2650 until atleast LO / NYO

One should love to short only today too 2650 to 2550/40 for Friday
Intraday only.
  • #794,327
  • Nov 30, 2023 5:03pm Nov 30, 2023 5:03pm
Quoting navk
hi guys, Asia / Tokyo may hold 2600. retrace is limited from 2600 to 2650 until atleast LO / NYO One should love to short only today too 2650 to 2550/40 for Friday
yeah im.on short only today
  • #794,328
  • Nov 30, 2023 5:08pm Nov 30, 2023 5:08pm
Quoting Yngwie
Sold 1.2661 SL 1.2671 TP 1.2611
closed 2615 for 46p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #794,329
  • Nov 30, 2023 5:40pm Nov 30, 2023 5:40pm
Quoting T721
{quote} NDX daily Liquidity targets for the incoming drop, Hope you got in today.... Obviously there are plenty areas Liquidity will draw price on 4hr tf and 1hr tf but better to use daily for the incoming drop {image}
Good one, in this long term.
  • #794,330
  • Nov 30, 2023 5:45pm Nov 30, 2023 5:45pm
Quoting Jolita
{quote} Good one, in this long term.
Did you catch the Oil drop today, it was perfect and straight to target
  • #794,331
  • Nov 30, 2023 5:49pm Nov 30, 2023 5:49pm
Quoting T721
{quote} Did you catch the Oil drop today, it was perfect and straight to target
Still wanna see it taking the 7200 lows before i get bullish
  • #794,332
  • Nov 30, 2023 5:52pm Nov 30, 2023 5:52pm
Current trades just bought Nas and eurusd lower risk tighter stop as the daily doesn’t look bullish so don’t want to risk more
Attached Image(s) (click to enlarge)
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Master your mind. Master Trading.
  • #794,333
  • Nov 30, 2023 5:57pm Nov 30, 2023 5:57pm
Quoting T721
{quote} Did you catch the Oil drop today, it was perfect and straight to target
I have long and sell positions weeks back, missed to close, but ok. I am after 70.50 and 81.80 levels
  • #794,334
  • Nov 30, 2023 6:05pm Nov 30, 2023 6:05pm
Quoting KareemAliFx
Current trades just bought Nas and eurusd lower risk tighter stop as the daily doesn’t look bullish so don’t want to risk more {image} {image}
careful with NDX, that thing is gonna drop like a stone soon --- sub 15000
  • #794,335
  • Nov 30, 2023 6:08pm Nov 30, 2023 6:08pm
Going to bed guys, 12.05am here and am getting tired. Been a great day money wise, all trades hit TP except usd/chf, i did make good money on it today but dtill underwater with positions from last Monday but not worried will be adding longs to it either tomorrow or early next week.

Hope you all made money today and lets get some more tomorrow
  • #794,336
  • Nov 30, 2023 6:16pm Nov 30, 2023 6:16pm
Quoting T721
{quote} careful with NDX, that thing is gonna drop like a stone soon --- sub 15000
is okay im doing low risk and risking profit that I made . I like the pull back after todays pce data
Master your mind. Master Trading.
  • #794,337
  • Nov 30, 2023 6:30pm Nov 30, 2023 6:30pm
i put sell limits at 2662 and 2682
short trump and go long the deepstate
  • #794,338
  • Nov 30, 2023 6:52pm Nov 30, 2023 6:52pm
Quoting Moty
Almost a perfect day It not amount that count Because i started the with 35 $ And. Now i have 70 $ I doubled the account twice in a raw From 17 to 35 and to 70 There is more then 100 pips in all the trades together {image}
No offence to anybody's approach, budget, reason, ...
Recently, I was thinking to get a paid license in this game, like having a fixed daily budget to do whatever, but I was not sure when to start it ... and this post of you sort of made my start-up. I don't know what's going on in here, I was away for a while, I see you start with an amount and keep on going with it, could you please elaborate your approach? Do you have some goals? Make some withdraws and restart form the base? ...?
I am trying to build up some rules, for me, ... the negative path is easy , but the eventually happy path, not yet decided. Thanks!
  • #794,339
  • Nov 30, 2023 7:02pm Nov 30, 2023 7:02pm
Quoting Zebi
opps...i forgot about the monthly youll all notice that the lower black line i drew on the weekly when i switch to the monthly is at the open on that september candle i mentioned LOL.... see how that works, levels match each other in different timeframes so a close above that black line or the open in 4 more trading days means a run up to 3400 to my red line according to my system {image}
i hate myself pointing out this obvious shit to people but please bear with me....i feel foolish enuf already

today was the last day of monthly trading and it didnt go well for the bools LOL

price didnt close above that september open on the monthly chart i posted in the quote so no 3400 this year or next
short trump and go long the deepstate
  • #794,340
  • Nov 30, 2023 7:04pm Nov 30, 2023 7:04pm
Quoting voeltoez
{quote} yeah im.on short only today
let me buy it first..looking for short around 2680 at upper bands H1
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