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Cable Update (GBPUSD)

  • #803,521
  • Jan 18, 2024 1:19am Jan 18, 2024 1:19am
for 15 pips
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yes yes yes
  • #803,522
  • Jan 18, 2024 1:20am Jan 18, 2024 1:20am
Quoting dantpm
{quote} I believe this is all about whether or not retail traders try to call it a top 'prematurely'.
for me, I don't know what is actually happening in the market, all I know is anticipation of all the possibilities that exist
https://breakpullback.com
  • #803,523
  • Jan 18, 2024 1:27am Jan 18, 2024 1:27am
Quoting Whale
{quote} We are all retail traders.. why do you use it as an insult..
Not sure why you see it as an insult. Observation only.
  • #803,524
  • Jan 18, 2024 1:28am Jan 18, 2024 1:28am
Warning, price will get buyers downside
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  • #803,525
  • Jan 18, 2024 1:28am Jan 18, 2024 1:28am
G/M. Maybe a bullish piercing pattern type candle on Dly y/day. So far this London session price resides within the Asian pip range after Asia was up, then a sell-off from that Hi as London kicked in - a prev 1hr/4hr sw lo zone = prev supp = pot sbr. Asian hi and lo's are therefore the current dly hi and lo. (On chart below I have ignored the broker spread widening candle at start of new day to place asian lo where ff have it.

1hr below
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Trader with an Edge.
  • #803,526
  • Jan 18, 2024 1:29am Jan 18, 2024 1:29am
Quoting chophuquoc
{quote} good morning sir. i really admire your trading skill. So would you mind i ask you a question, sir? i see you open you order and then the price keep going down at the point you mark "5". at that point how do you know that the price will keep go up thank you for your time
GU
Hi!

Thanks for the cool question! I'm happy to answer it.
My inglish isn't perfect, so I added two pictures to help explain things better.
I hope the pictures and my answer make it clearer than if I just wrote it out. ️
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Best Regards,
PAT CHIKO
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #803,527
  • Jan 18, 2024 1:29am Jan 18, 2024 1:29am
Quoting Whale
Warning, price will get buyers downside {image}
the magnet is so cute,,,we need moty hammer too
  • #803,528
  • Jan 18, 2024 1:30am Jan 18, 2024 1:30am
Quoting eyefeelsix
{quote} for me, I don't know what is actually happening in the market, all I know is anticipation of all the possibilities that exist
profit is profit..sing penting cuan
  • #803,529
  • Jan 18, 2024 1:30am Jan 18, 2024 1:30am
Quoting montygoldy
Opened a long on cable for 10-15 pips tp..hoping to see spike up on london open
entered and directly went underwater
Extreme gut feeling trader
  • #803,530
  • Jan 18, 2024 1:38am Jan 18, 2024 1:38am
Quoting montygoldy
{quote} entered and directly went underwater

Looks to be forming a rising wedge on hourly and RSI still some way to go b4 being overbought....could be wrong
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Don't Leave Money on the Table
  • #803,531
  • Jan 18, 2024 1:39am Jan 18, 2024 1:39am
Quoting montygoldy
{quote} entered and directly went underwater
If people abandon their long positions the market will start to go up.
If people start entering short positions the market will go up.
If people keep entering long positions the market will go down.
and so on and so on.
It is just timing.
Either you get it right or you don't
  • #803,532
  • Jan 18, 2024 1:41am Jan 18, 2024 1:41am
Quoting azhantahir
SMC MSS/Choch, MMSM vs Price Action vs SnR + CRS GOLD 3 concepts at the same time. Going to Buy or Sell. All of them need confirmation by CRS. Waiting for the next level of liquidity below 1995. Just a personal opinion. {image}
Hi, bud, what is CRS?
More time in the market, does not mean you trade better!
  • #803,533
  • Jan 18, 2024 1:42am Jan 18, 2024 1:42am
...still rangy overall on 4hr with tests of the pot rbs [as Pat has marked up on his charts(s),] circled.

4hr with 10/20/40 ema crosses graphic below
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Trader with an Edge.
  • #803,534
  • Jan 18, 2024 1:42am Jan 18, 2024 1:42am
In trading you have to keep showing up every day

it’s not a casino
MY OPINION NOT FINANCIAL ADVISE
  • #803,535
  • Jan 18, 2024 1:44am Jan 18, 2024 1:44am
Quoting dantpm
{quote} If people abandon their long positions the market will start to go up. If people start entering short positions the market will go up. If people keep entering long positions the market will go down. and so on and so on. It is just timing. Either you get it right or you don't
you long or short bro?
  • #803,536
  • Jan 18, 2024 1:46am Jan 18, 2024 1:46am
Quoting voeltoez
{quote} you long or short bro?
Right now, this very minute long
  • #803,537
  • Jan 18, 2024 1:47am Jan 18, 2024 1:47am
Quoting dantpm
{quote} If people abandon their long positions the market will start to go up. If people start entering short positions the market will go up. If people keep entering long positions the market will go down. and so on and so on. It is just timing. Either you get it right or you don't
was kidding lol.. holding them tight for london spike… sl will be 1.26800
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Extreme gut feeling trader
  • #803,538
  • Jan 18, 2024 1:49am Jan 18, 2024 1:49am
Quoting GusParker
{quote} Do you not think that there is perhaps a case that 'business has been done' to the downside across the Risk On currencies (EU, GU, AU)? Tags of liquidity zones in each one, Will watch with interest. {image}
GU

Hi Gus Peter.

The current market configuration could present manipulation opportunities for MM.
Through strategic inducement, they might entice buyers or sellers into disadvantageous positions, effectively skewing the price.

As we approach the active trading hours in London and New York, close observation of price action is crucial.
The influx of market participants in these regions can offer significant clues regarding the path the price may choose.

Therefore, my immediate strategy is to adopt a passive stance, meticulously analyzing price movements and endeavoring to decipher its underlying intentions. We shall remain vigilant and adapt our approach as the market dynamics unfold.

Take care.
PAT

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #803,539
  • Jan 18, 2024 1:55am Jan 18, 2024 1:55am
Quoting Fardeen1209
{quote} Hi, bud, what is CRS?

Candle Reversal Signals
Look right, we'll see the signs
  • #803,540
  • Jan 18, 2024 1:56am Jan 18, 2024 1:56am
GU went long. The FVG above is heavy.
Below is Weekly Pivot.


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