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Cable Update (GBPUSD)

  • #801,621
  • Jan 10, 2024 1:16pm Jan 10, 2024 1:16pm
Quoting Waveskierrob
{quote} Just another update as one poster on this thread is a little bit slow, my GU FF trade is BE @ 1.2123 hopefully hit it this year if not no worries it's only money Leon and I have loads of it but thanks for your concern, love as always
Quote
1.2123
123 and up the tree.
Quote
currently down 3770 pips
Almost 4000 pips, so buy the dips.
Quote
hopefully hit it this year
I hope so too, lets make it clear.
Quote
Leon and I have loads of it
Oh shit
Trade to trade another day
  • #801,622
  • Jan 10, 2024 1:17pm Jan 10, 2024 1:17pm
Quoting Zebi
{quote} i like your enthusiasm..its refreshing to see it in here instead of useless screenshot posts however i think youre falling into the beginners trap of extrapolating trend and targets from bullshit intraday movement the daily EU chart shows an inside candle so be careful your intraday analysis doesnt blow up tho your shorts the right thing to do
It rather looks to me like GBP/USD is the one with the inside daily candle and EUR/USD is bullish engulfing.
Unless I'm reading it wrong...
All this BS intraday movement could be simply bullish consolidation, designed to shoot it up to 1.125 before dropping to 1.07. So much for your "simple" bearish trading perspective. Nothing simple about trading Forex, ever...
You cannot fail if you never give up.
  • #801,623
  • Jan 10, 2024 1:22pm Jan 10, 2024 1:22pm
Quoting Wavegarrick
{quote} {quote} 123 and up the tree. {quote} Almost 4000 pips, so buy the dips. {quote} I hope so too, lets make it clear. {quote} Oh shit
i love it when a plan comes together...
  • #801,624
  • Jan 10, 2024 1:27pm Jan 10, 2024 1:27pm
Quoting ScalaFX
{quote} same author Market Wizards
isnt that
Jack D. Schwager
Personal Journal...https://www.forexfactory.com/thread/1260265-the-journal
  • #801,625
  • Jan 10, 2024 1:32pm Jan 10, 2024 1:32pm
Quoting Waveskierrob
{quote} i love it when a plan comes together...
Birds of a feather flock together, so tell me when, your plans come together
Trade to trade another day
  • #801,626
  • Jan 10, 2024 1:44pm Jan 10, 2024 1:44pm
Quoting Iansco
{quote} isnt that Jack D. Schwager
ah yes
People don't plan to lose. They lose because they don't plan.
  • #801,627
  • Jan 10, 2024 1:46pm Jan 10, 2024 1:46pm
Quoting Wavegarrick
{quote} Birds of a feather flock together, so tell me when, your plans come together
Now...
  • #801,628
  • Jan 10, 2024 1:52pm Jan 10, 2024 1:52pm
Quoting Iansco
Any good suggestions? Currently reading Morgan Housel {image}
Douglas
The disciplined trader
90% of traders use TA, indicators and prediction
  • #801,629
  • Jan 10, 2024 2:08pm Jan 10, 2024 2:08pm
AUDUSD is going to buy massively tomorrow.. Take note
My telegram: https://t.me/avidforex
  • #801,630
  • Jan 10, 2024 2:24pm Jan 10, 2024 2:24pm
Nice engulfing at overbought
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2024-01-10-22-22-12-624_net.metaquotes.metatrader4-edit.jpg Size: 729 KB
yes yes yes
  • #801,631
  • Jan 10, 2024 2:31pm Jan 10, 2024 2:31pm
Quoting trumps
Cable jammed in, but looks like it wants to rise towards next level {image}
Dips are good buys
Compulsions can be hard to resist
  • #801,632
  • Jan 10, 2024 2:31pm Jan 10, 2024 2:31pm
I was about to exit my short and come here to post

“hey, I closed my short let’s see if now goes 20pips down”

unbelievable!
90% of traders use TA, indicators and prediction
  • #801,633
  • Jan 10, 2024 2:40pm Jan 10, 2024 2:40pm
Appears to be coiling on the daily and with the dxy on the monthly forming a potential double top a buy stop a few pips above todays high seems prudent!!!
  • #801,634
  • Jan 10, 2024 2:40pm Jan 10, 2024 2:40pm
I feel like this thing can print 1.24 area
If I’m not wrong, most good stuff about gbp and uk economy are priced in.
what pushed cable in 1.27 area is mostly usd weakness.

a bit of strength in usd, and this little pricess will easily meet NFP lows and even lower.

am I maybe missing something?
90% of traders use TA, indicators and prediction
  • #801,635
  • Jan 10, 2024 2:43pm Jan 10, 2024 2:43pm
Quoting supertubes
{quote} 2746 is the place to watch...
it made 2744.9 ... that was the short
  • #801,636
  • Jan 10, 2024 3:01pm Jan 10, 2024 3:01pm
daily diamond
Attached Image (click to enlarge)
Click to Enlarge Name: Gu.png Size: 53 KB


there are both scenarios possible.
once broken and confirmed there’s eventually a kind of re test. But not always. Depends on strength of the move of course.

last very similar is seen here
Attached Image (click to enlarge)
Click to Enlarge Name: Gu2.png Size: 51 KB


tested, then gone 200 pips higher then crashed

indicators are just for my scalp entries and cannot hide them from mt mobile charts. Quite annoying.
developers stopped developing anything for traders.
only expensive programs from expensive brokers are good.
90% of traders use TA, indicators and prediction
  • #801,637
  • Jan 10, 2024 3:18pm Jan 10, 2024 3:18pm
Inserted Video


he is so right
90% of traders use TA, indicators and prediction
  • #801,638
  • Jan 10, 2024 3:28pm Jan 10, 2024 3:28pm
USD looks to be breaking down
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDOLLARH4.png Size: 7 KB
Click to Enlarge Name: USDOLLARH41.png Size: 9 KB
Compulsions can be hard to resist
  • #801,639
  • Jan 10, 2024 3:33pm Jan 10, 2024 3:33pm
gu H1 update
trendlines
Attached Image (click to enlarge)
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Trendlines H1,H4, SMC
  • #801,640
  • Jan 10, 2024 3:34pm Jan 10, 2024 3:34pm
nice set up
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.11.1.23.png Size: 51 KB
Personal Journal...https://www.forexfactory.com/thread/1260265-the-journal
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