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Cable Update (GBPUSD)

  • #803,921
  • Jan 19, 2024 5:55am Jan 19, 2024 5:55am
First target to todays opening
will add SL at b/e then let this run up to where ever and take profit in the evening
Insane in the Brain..
  • #803,922
  • Jan 19, 2024 6:01am Jan 19, 2024 6:01am
...messy intraday so far this London session.

15min below
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Trader with an Edge.
  • #803,923
  • Jan 19, 2024 6:13am Jan 19, 2024 6:13am
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yes yes yes
  • #803,924
  • Jan 19, 2024 6:17am Jan 19, 2024 6:17am
Quoting Ehminiz
Buy order set {image}
entry missed by less than .5 pip
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#Stay blue. /swinger/scalper/
  • #803,925
  • Jan 19, 2024 6:27am Jan 19, 2024 6:27am
...intraday price action so far is pretty 'contained.' Hard to find anything else to say about it.
Dly right now (like 4hr) is rangy. Does y/day's break above the prev minor sw lo zone on that t/f that started @ 2666 = prev supp = pot sbr, (within the 2828-2596 range,) suggest a go @ 2785/2828 for the bulls? Don't know, just speculating out of boredom. 2712 (around current dly hi) is the 50% of that 2828-2596 move.

1hr then dly below
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Trader with an Edge.
  • #803,926
  • Jan 19, 2024 6:37am Jan 19, 2024 6:37am
Quoting Headland
...intraday price action so far is pretty 'contained.' Hard to find anything else to say about it. Dly right now (like 4hr) is rangy. Does y/day's break above the prev minor sw lo zone on that t/f that started @ 2666 = prev supp = pot sbr, (within the 2828-2596 range,) suggest a go @ 2785/2828 for the bulls? Don't know, just speculating out of boredom. 2712 (around current dly hi) is the 50% of that 2828-2596 move. 1hr then dly below {image} {image}
128 be a great area to get to however it’s been teased far too much and with the current levels we are even seeing much over 127 this week. Looking for maybe a BO in an hour?
Insane in the Brain..
  • #803,927
  • Jan 19, 2024 6:44am Jan 19, 2024 6:44am
Up or down?
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  • #803,928
  • Jan 19, 2024 6:47am Jan 19, 2024 6:47am
Probable pa now. Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #803,929
  • Jan 19, 2024 7:13am Jan 19, 2024 7:13am
IMHO, the 'market' is playing games with price because it doesn't like the buying and selling activity! Trying to bait traders. A victim of its own!
  • #803,930
  • Edited 7:36am Jan 19, 2024 7:21am | Edited 7:36am
Quoting Moty
Crooky mf Break it down There no place to go up {image}
In fact, from my perspective, EUR/USD and GBP/USD price action looks like it's set to go up like 30 - 40 more pips first today before dropping
You cannot fail if you never give up.
  • #803,931
  • Jan 19, 2024 7:21am Jan 19, 2024 7:21am
once gold tap the mid point of that zone. I’m sure it will reject and that would cause GU to retrace to that desire place where the buying would kick off
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My telegram: https://t.me/avidforex
  • #803,932
  • Jan 19, 2024 7:22am Jan 19, 2024 7:22am
I will laugh my a*s off if market continues to be like this until the end of the day.
With courage, patience, and discipline, success is a matter of time.
  • #803,933
  • Jan 19, 2024 7:32am Jan 19, 2024 7:32am
Quoting BigNumbers
I’m seeing gold pulling back at 2040 not now… where the resistance level is. The pull back to just broken support is super close. So it might be ignored. {image}
Like I said it earlier, Gold is likely to pull back at 2040. Even if I want to sell, I’ll still go down to 5min to take an entry. My stop loss must no be more than 15 pips.

Development a flexible mode of entry. No on can determine when the Algorithm will kick. If price refuse to break above 2040. I have only one thing in mind sell sell at a lower time frame where I can manage my risk.

Taking entry on lower time frame helps you to manage your risk and tighten your stop loss.
My telegram: https://t.me/avidforex
  • #803,934
  • Jan 19, 2024 7:33am Jan 19, 2024 7:33am
Quoting Ehminiz
{quote} entry missed by less than .5 pip {image}
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#Stay blue. /swinger/scalper/
  • #803,935
  • Jan 19, 2024 7:36am Jan 19, 2024 7:36am
Price is reacting to the consequent encroachment of that zone on Gold. That reaction should strengthen the dollar and cause GU to retrace to that point… where we can buy it….


Remember GU is bullish, we are only retracing.
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  • #803,936
  • Jan 19, 2024 7:40am Jan 19, 2024 7:40am
Gu should sell off now. It’s a retracement don’t get overwhelmed
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  • #803,937
  • Jan 19, 2024 7:48am Jan 19, 2024 7:48am
trade 1:3 established


let's see what NY will do...its actually last trade of the week for me....boring week
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MY OPINION NOT FINANCIAL ADVISE
  • #803,938
  • Jan 19, 2024 8:17am Jan 19, 2024 8:17am
What’s GU waiting for. This is suppose to be an ASAP move!
My telegram: https://t.me/avidforex
  • #803,939
  • Jan 19, 2024 8:18am Jan 19, 2024 8:18am
waiting test 2656 and 2625 next supports and watching there after!
forum page alignment changes or my life setting changes recently not know ! difficult use , better in one sense that there will the least interaction , may actually needed !!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #803,940
  • Jan 19, 2024 8:20am Jan 19, 2024 8:20am
Quoting sharingan9
{quote} Update. Still not in GU. Too undecided and caught between weekly bullish and bearish sentiment areas so it cannot get a proper break and establish value above or below the monthly pivot without running into areas that stop the move. So im still in GBPCHF which is as free as a bird moving in the value direction. Following the agreement as I drag my stop. {image}
Update again. GU still in a tugofwar whipsaw with no clear direction so never entered. GBPCHF clear direction moving up even more as I drag stop locking in profits. I always feel like im trading most efficiently when I am dragging stops more than entering lol.

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