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Cable Update (GBPUSD)

  • #804,001
  • Jan 19, 2024 1:07pm Jan 19, 2024 1:07pm
for 13 pips
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yes yes yes
  • #804,002
  • Jan 19, 2024 1:11pm Jan 19, 2024 1:11pm
Quoting DrDave
{quote} I see that your bottom MACD is the H1 TF. Did you try using m15 instead?
my friend , i did that before i saw your POST
i am already there
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yes yes yes
  • #804,003
  • Jan 19, 2024 1:14pm Jan 19, 2024 1:14pm
Quoting Coreg2004
{quote} LoneTrader1, I have the same setting in visibility, and still the same. Something is wrong with my laptop b/c I have the same setting as on my desktop which works ok. Thanks.
Then try try again, over the weekend.
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  • #804,004
  • Jan 19, 2024 1:17pm Jan 19, 2024 1:17pm
Was not charting today
Price went basically nowhere the whole day
90% of traders use TA, indicators and prediction
  • #804,005
  • Jan 19, 2024 1:41pm Jan 19, 2024 1:41pm
Quoting _BBKing_
Looking to close my long b4 ny closing time
out @2693
I simply don’t want to hold trades over the weekend
90% of traders use TA, indicators and prediction
  • #804,006
  • Jan 19, 2024 1:43pm Jan 19, 2024 1:43pm
Quoting montygoldy
Another Gut feeling signal for us30 next week … fresh highs are coming .. avoid sells try to buy retracements… which i feel will be minimal once we break 37850… monthly candle ready to go green and big one …. {image}
ALREADY started FLYING 38000 in the making feeling happening today. The moment i wrote this already up 200 points…..
Extreme gut feeling trader
  • #804,007
  • Jan 19, 2024 1:49pm Jan 19, 2024 1:49pm
looking for fall next week, at the moment to the moon
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Work Hard In Silence, Let Your Success Be Your Noise.
  • #804,008
  • Jan 19, 2024 2:02pm Jan 19, 2024 2:02pm
just closed 2 of my 4 positions for small profit. think I'll keep the other two open over the weekend.

hope you guys and gals have a restful weekend !!

Hayes
Nashville, TN, USA
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  • #804,009
  • Jan 19, 2024 2:24pm Jan 19, 2024 2:24pm
100 % success
883 $ profit from the start of the year
still profitable
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yes yes yes
  • #804,010
  • Jan 19, 2024 3:36pm Jan 19, 2024 3:36pm
Quoting trumps
{quote} ok dodgy numbers, but this is too easy. im already short from my previously stated 2712 area, but there will be a stop hunt for sure.
Checking out the 4hr chart, looks like chugging back to 2725/2740 area next week
Compulsions can be hard to resist
  • #804,011
  • Jan 19, 2024 3:57pm Jan 19, 2024 3:57pm
Quoting _BBKing_
Looking to close my long b4 ny closing time
done the same. A chilled weekend now lol

1/4 of deposit withdrawn carry on like this and by end of next week the i might clear the whole lot
Insane in the Brain..
  • #804,012
  • Edited 5:34pm Jan 19, 2024 5:20pm | Edited 5:34pm
Quoting DrDave
{quote} I dont know the technical term..what to call. I think you will find that the term is "LUCK".
Knowledgeble people have said the price will drop to 2650...and then further down.

But the price has ditched them also and rose to 2700 and closed above 2700.

I was thinking too price once breaks 2665 ( posted this ) and will go further down.

But....

The price has consolidated at daily s1 for some time and made a 5 min uppish spike as you in my 5 min chart .

Later on... daily s1 price formed as 60 min support at 12 noon and later formed as 240 min support at 1 am est to rise further. Total rise after 12 noon is 35 pips.

So, I would like to call this move as " missed opoortunity ".

In one way the term you said " Luck " also correct, because on a Friday, this 35 pip move after 12 noon is not expected since UK retail sales numbers disapointed today.

As The great HODA pointed out sometime in this thread , i tried to follow dicipline ( not to trade after 12 noon on a friday or any other day ), so missed the opportunity to become Millionaire today. ( )

And you know why I am posting at 6 pm EST ?

I have nothing to do in trading chart on today, tomorrow and sunday too until 9 pm est on sunday )

At the same time, I am afraid to post on a saturday/sunday because those whose trading did not go well
in this week will try to argue with me to prove that what i say is wrong.

So, this post is for you only and "some " can read and enjoy as usual.

I pray for best next week for everyone of my follower.

Until then, it time permits, let us chat and increase the traffic in FF. lol
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Intraday only.
  • #804,013
  • Jan 19, 2024 8:39pm Jan 19, 2024 8:39pm
Quoting woody70
{quote} Its only a gambling addiction when you can't afford it and start asking people for money. At least that's my take.
True, also if you're spending all your savings from your day job paycheck to trade, and lose it all the time.
You cannot fail if you never give up.
  • #804,014
  • Jan 19, 2024 8:40pm Jan 19, 2024 8:40pm
Pound/yen/day, the level of difficulty is high and I don't touch it. Beware of sharp decline next week! Orange HL center is also on the rise, and if it doesn't break here, it will be temporarily lowered.
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  • #804,015
  • Jan 19, 2024 8:45pm Jan 19, 2024 8:45pm
Pound/Dollar short position carried over to next week.
If it breaks above FVG, I will cut my loss.
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  • #804,016
  • Jan 20, 2024 1:47am Jan 20, 2024 1:47am
Quoting navk
{quote} Knowledgeble people have said the price will drop to 2650...and then further down. But the price has ditched them also and rose to 2700 and closed above 2700. I was thinking too price once breaks 2665 ( posted this ) and will go further down. But.... The price has consolidated at daily s1 for some time and made a 5 min uppish spike as you in my 5 min chart . Later on... daily s1 price formed as 60 min support at 12 noon and later formed as 240 min support at 1 am est to rise further. Total rise after 12 noon is 35 pips. So, I would like...
LOL

well, as for what I see after the fact, price fell because of unexpected bad uk data.
everybody jumped in short, but “ hell no!” .. 2660 stoped and back.
after that data release, I would have also probably guessed a move to 2630/2640.

looks definitely the kind of scenario where for whatever the reason, overall market is willing to go higher.
I’m surely one of those willing to get near 1.30 or say near previous peak 1.31.

i don’t mean there are reasons for that, I simply wish to sell at higher rate, considering that, at this moment, ANY ATTEMPT short, ended crashed against the 1.26 wall. Let’s see if next 2 weeks we finally bring back to 1.28 area. Or….else, if the 1.27 area will be finally be declared as supply area.
90% of traders use TA, indicators and prediction
  • #804,017
  • Jan 20, 2024 2:44am Jan 20, 2024 2:44am
Quoting Waveskierrob
{quote} Maybe that's what Moty gets from trading each to their own, if he gets enjoyment from it and loses money, so be it, ....my dad use to go to the greyhounds and a bloke said to him "how much you lose last night Malc" which my dad replied " £10" bloke said "its a mugs game" so my dad asked "how much did you spend do the pub last night"...there was no reply and drove off......sometimes it's not just about the money, but it is in my case, again each to their own...
A degenerate gambling loser and a degenerate alcoholic have a philosophical debate. A degenerate son recounts the interaction with some weird sense of pride.


The lesson here is scumbags group together.
Congratulations ScalaFX for coming out of the closet!
  • #804,018
  • Edited 3:51am Jan 20, 2024 3:39am | Edited 3:51am
...The week closes with a still very rangy 4hr chart. Let us say the recent multi-week range on that t/f is 2828-2610 and that this week's 2596 lo was a 1st false downside break of it? ..... Price closed virtually @ the midpoint of the said range. This 1st false downside break maybe a case for more upside (or indeed it could be a classic 'congestion - 2nd b/o scenario that plays out for a 'truer' downside break?) The Wkly candle closed as pinbar so that may add to the upside case, but Friday's Dly closed as some kind of hanging man after 2 x bullish candles on that t/f. The last 4hr candle closed bullishly and the chart below shows the 3-candle fractal swing analysis leading from said 2596, to Friday's close, both of which factors may again add to the case for more upside, as may Friday's strong recovery off it's lo after the early fall?

Just idle speculation....anything can happen.

4hr below
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Trader with an Edge.
  • #804,019
  • Jan 20, 2024 5:02am Jan 20, 2024 5:02am
Quoting Moty
new strategy 60 $ in profit in 20-30 mins more then i did all day long i could mad a fortune on gold today i took only the last trade {image}
R2 again?
  • #804,020
  • Jan 20, 2024 5:16am Jan 20, 2024 5:16am
Quoting sakimer
Pound/yen/day, the level of difficulty is high and I don't touch it. Beware of sharp decline next week! Orange HL center is also on the rise, and if it doesn't break here, it will be temporarily lowered. {image}
What does your chart tell you?
This week tech stock lifted indexes higher, seems weakened JPY.

Markings on my old GBPJPY chart, looks 19000 (major) level not to far of.
I have small trade on UJ.
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