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Cable Update (GBPUSD)

  • #804,841
  • Jan 24, 2024 7:36am Jan 24, 2024 7:36am
1hr up 4hr up retest of 2796
average dude treading water
  • #804,842
  • Jan 24, 2024 7:38am Jan 24, 2024 7:38am
Quoting _BBKing_
Loaded 2 entries scalp long near 2740
cashed 1 x 15pips

SL 15pips on the 2nd
90% of traders use TA, indicators and prediction
  • #804,843
  • Jan 24, 2024 7:40am Jan 24, 2024 7:40am
Quoting Moty
100 pips were missed on short at the gbp/jpy Took short I still have 60 pips to grab until adr low at 187 {image}
Ty mister gj
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yes yes yes
  • #804,844
  • Jan 24, 2024 7:41am Jan 24, 2024 7:41am
Took short gu
Adr low is 1.27100
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yes yes yes
  • #804,845
  • Jan 24, 2024 7:41am Jan 24, 2024 7:41am
Quoting dantpm
{quote} GU doesn't appear to be interested in 1.2725 at the moment.
yes indeed. looks more likely going to 2825.
but you know, anything can happen.
the correction apparently ended few pips above the 2725

will use it as a key point for today in case of reversal
90% of traders use TA, indicators and prediction
  • #804,846
  • Jan 24, 2024 7:43am Jan 24, 2024 7:43am
Quoting Pat Chiko
{quote} GU Closing all position and wait for new H4 candle open to decide on the next trades. Daily price has touch the symmetrical upper TL. Seeking oppurtunity to SHORt, if set up allows it.. M30 when price spike up was driven by MM as a purge /Liquidity grab trapping seller and buy{image} {image}
GU

Closed all
Waiting SHORT set up for N3
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I smoke 2nd joint as reward.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #804,847
  • Jan 24, 2024 7:46am Jan 24, 2024 7:46am
Seems like dxy going for gap fill
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Extreme gut feeling trader
  • #804,848
  • Jan 24, 2024 7:48am Jan 24, 2024 7:48am
Quoting Oylux
lol never been this confused looking at Gu before .
Hi Oylux,

I trust this message finds you well.
I wanted to share a suggestion that could potentially prove beneficial to your trading journey.

Considering the intricacies of market movements, participating in forums and actively contributing through writing and chart analysis can be a game-changer. Expressing your thoughts and seeking insights from fellow traders can not only help clarify your own perspectives but also provide a platform for collaborative knowledge sharing.

In times when the market seems perplexing, engaging in discussions within a community can offer fresh perspectives and diverse strategies.
Your involvement in expressing your views and seeking feedback can lead to valuable insights that might not have been apparent initially.

I understand that achieving that "aha moment" or "light bulb moment" may take time, but the consistency of your participation is key.
Regularly writing about your observations, challenges, and breakthroughs will not only document your journey but also contribute to the collective learning of the community.

Remember, the journey to mastering the markets is a continuous learning process, and by actively participating in forums, you are not only enhancing your own knowledge but also creating an environment conducive to shared growth.
I encourage you to give it a try and observe how the collaborative nature of forum discussions can illuminate aspects of market dynamics that might currently seem confusing.

Wishing you continued success on your trading endeavors.

Warm regards,
PAT Chiko
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #804,849
  • Jan 24, 2024 7:50am Jan 24, 2024 7:50am
Quoting Pat Chiko
{quote} GU Closed all Waiting SHORT set up for N3 {image} I smoke 2nd joint as reward.
well done!
Guess you got massive profits out of this.

I'm still holding, this thing could be at the beginning of a killer move up into 1.28 and then 1.29 area
ambitious target 1.3020 will probably scale out if i see higher 1.28 area.

btw, I deleted that descending TL, so now it has less effect on price
90% of traders use TA, indicators and prediction
  • #804,850
  • Jan 24, 2024 7:55am Jan 24, 2024 7:55am
This may rally up further due to USD weakness
  • #804,851
  • Jan 24, 2024 8:05am Jan 24, 2024 8:05am
Quoting Pat Chiko
{quote} GU Closed all Waiting SHORT set up for N3 {image} I smoke 2nd joint as reward.
GU

Short scalp
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #804,852
  • Jan 24, 2024 8:10am Jan 24, 2024 8:10am
12hours view
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90% of traders use TA, indicators and prediction
  • #804,853
  • Jan 24, 2024 8:19am Jan 24, 2024 8:19am
Quoting Moty
Took short gu Adr low is 1.27100 {image} {image}
MF ain’t listening today
Insane in the Brain..
  • #804,854
  • Jan 24, 2024 8:23am Jan 24, 2024 8:23am
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A flag or whatever the name is, on M30
  • #804,855
  • Jan 24, 2024 8:23am Jan 24, 2024 8:23am
Quick gold scalps before news. Today gold is scalpers heaven running up n down in a tight range easy money
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Extreme gut feeling trader
  • #804,856
  • Jan 24, 2024 8:24am Jan 24, 2024 8:24am
Quoting montygoldy
Seems like dxy going for gap fill {image}
I use RSI mostly as additional confirmation
Saw your post about DXY
Checked daily chart and noticed that divergence
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For what I know about the RSI, and for what I use it, this divergence will be in play as long as
1. price will meet a good support
2. price will reverse up due to fundamental changes
3. price will print an opposite bullish divergence in the same TF

So, guess we'll see that gap filled but the move could keep going on to the base of chart.
90% of traders use TA, indicators and prediction
  • #804,857
  • Jan 24, 2024 8:24am Jan 24, 2024 8:24am
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yes yes yes
  • #804,858
  • Jan 24, 2024 8:26am Jan 24, 2024 8:26am
Quoting _BBKing_
{quote} I use RSI mostly as additional confirmation Saw your post about DXY Checked daily chart and noticed that divergence {image} For what I know about the RSI, and for what I use it, this divergence will be in play as long as 1. price will meet a good support 2. price will reverse up due to fundamental changes 3. price will print an opposite bullish divergence in the same TF So, guess we'll see that gap filled but the move could keep going on to the base of chart.
i feel today dxy will reverse a bit after closing the gap…. It needs a breather
Extreme gut feeling trader
  • #804,859
  • Edited 8:42am Jan 24, 2024 8:27am | Edited 8:42am
Pound is gonna go ballistic on Thursday and Friday if it closes at current level today. Wish I had equity to go long.. all my capital is blocked in a CRUDEOIL short trade.
  • #804,860
  • Jan 24, 2024 8:30am Jan 24, 2024 8:30am
Hello Guys,
i hope all is Doing well,
for me above 1.2800 will be Good area to sell,
tomorrow is BOE decision and no matter what other think,
my Fundamental research says UK is still not better then US,
so for me i will sell above 1.28
target again will be .12720
then 1.2650
sounds impossible Right?
but we will see after 3 weeks i am getting into Pound,
i was in YEN and worked out Quite well to be honest.
just my 2 Cents.
Good luck.
**The Best Teachers are Those Who Show you where to Look, But Don't tell you What to see**
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