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Cable Update (GBPUSD)

  • #800,441
  • Jan 4, 2024 2:41am Jan 4, 2024 2:41am
Quoting ScalaFX
{quote} SL but is only for members
I smell a commercial member.
Congratulations ScalaFX for coming out of the closet!
  • #800,442
  • Jan 4, 2024 2:41am Jan 4, 2024 2:41am
Quoting Pat Chiko
{quote} GU Thanks for your comment, I appreciate your perspective. It's possible that the price may extend its projection towards the H4 order block (OB) to take out the sell-side liquidity (SSL) at the 61.8% Fibonacci confluence level.{image}
yes that’s what I’m looking for.
couldnt have made it better explained than your chart.
to make this happen will be required substantial reasons
so, today + tomorrow data will have to be lined up

quite an outrageous idea atm.
willing to see if prints higher than 1.27
90% of traders use TA, indicators and prediction
  • #800,443
  • Jan 4, 2024 2:43am Jan 4, 2024 2:43am
...2hr bearish hidden div is present and may stay valid so long as price below 2759.

4hr with 10/20/40 ema crosses graphic below
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Trader with an Edge.
  • #800,444
  • Jan 4, 2024 2:48am Jan 4, 2024 2:48am
2696/2701 is the area to be broken and conquered as support for more up
90% of traders use TA, indicators and prediction
  • #800,445
  • Jan 4, 2024 2:49am Jan 4, 2024 2:49am
NASDAQ

Long set up

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #800,446
  • Jan 4, 2024 2:51am Jan 4, 2024 2:51am
...next upside potential upside obstacles being encountered now

1hr below
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Trader with an Edge.
  • #800,447
  • Jan 4, 2024 2:52am Jan 4, 2024 2:52am
Euro gbp
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90% of traders use TA, indicators and prediction
  • #800,448
  • Jan 4, 2024 2:53am Jan 4, 2024 2:53am
Quoting Whale
Not in a trade but I'm waiting for something like that.. will not buy ATM, only sell higher {image}
21 hours later
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  • #800,449
  • Jan 4, 2024 2:54am Jan 4, 2024 2:54am
Quoting sakimer
Is it an obstacle race that increases the pound/dollar? {image}
Which indicator you are using ?? can you share info please?
  • #800,450
  • Jan 4, 2024 2:56am Jan 4, 2024 2:56am
1.2715 please....
  • #800,451
  • Jan 4, 2024 2:57am Jan 4, 2024 2:57am
Time for sell
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  • #800,452
  • Jan 4, 2024 3:00am Jan 4, 2024 3:00am
Quoting Iansco
Incredibly risky set-up. Ready to reverse at earliest sign of danger {image}
my risky set-up looks sure to hit 1.275
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Personal Journal...https://www.forexfactory.com/thread/1260265-the-journal
  • #800,453
  • Jan 4, 2024 3:01am Jan 4, 2024 3:01am
Gold, I see it this way.
Guys, share your view.

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  • #800,454
  • Jan 4, 2024 3:02am Jan 4, 2024 3:02am
Quoting _BBKing_
{quote} yes that’s what I’m looking for. couldnt have made it better explained than your chart. to make this happen will be required substantial reasons so, today + tomorrow data will have to be lined up quite an outrageous idea atm. willing to see if prints higher than 1.27

Increased market maker activity suggests an amplified interest in capitalizing on potential fear of missing out (FOMO) sentiment among retail and uninformed traders.
This tactic, often employing tight bid-ask spreads and controlled price movements, can entice premature entry for uninformed retail into positions based on emotional impulse rather than price action analysis.

However, such FOMO retail participation poses substantial downside risks.
Once the emotional fervor subsides and the underlying momentum weakens, these traders may find themselves trapped in losing positions facing significant drawdowns.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #800,455
  • Edited 3:29am Jan 4, 2024 3:03am | Edited 3:29am
...59% 30day adr travled so far today lo-hi. This current pot 1hr and 4hr sbr being challenged at current dly hi probably extends up to circa 2720 with Dly R2 @/around that number and 50% of the recent 2828-2610 move.
Trader with an Edge.
  • #800,456
  • Jan 4, 2024 3:14am Jan 4, 2024 3:14am
Quoting genadi
Gold, I see it this way. Guys, share your view. {image}
I'm Biased short target 2026 stop at 2052. Above 2052 i can target 2085
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Personal Journal...https://www.forexfactory.com/thread/1260265-the-journal
  • #800,457
  • Jan 4, 2024 3:15am Jan 4, 2024 3:15am
Quoting Yngwie
Sold 1.2687
closed BE
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #800,458
  • Jan 4, 2024 3:18am Jan 4, 2024 3:18am
Took a short
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#Stay blue. /swinger/scalper/
  • #800,459
  • Jan 4, 2024 3:18am Jan 4, 2024 3:18am
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yes yes yes
  • #800,460
  • Edited 3:31am Jan 4, 2024 3:21am | Edited 3:31am
Quoting Pat Chiko
{quote} Increased market maker activity suggests an amplified interest in capitalizing on potential fear of missing out (FOMO) sentiment among retail and uninformed traders. This tactic, often employing tight bid-ask spreads and controlled price movements, can entice premature entry for uninformed retail into positions based on emotional impulse rather than price action analysis. However, such FOMO retail participation poses substantial downside risks. Once the emotional fervor subsides and the underlying momentum weakens, these traders may find...
Hi, love your prose style Pat, you should write a book, lol!
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...1hr is in a general uptrend, 4hr is rangy, intraday is bullish so far. The 'eagle-eyed' fib-oholics will have spotted that 50% of the entire 2828-2610 fall is where Dly R2 is.

1hr below
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