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Cable Update (GBPUSD)

  • #806,121
  • Jan 31, 2024 12:07am Jan 31, 2024 12:07am
Quoting nubcake
Yeah superman you show them... how to do it wrong.
hahahaa everybody doing it wrong but make money you must be really a looser nub nub wink wink
People don't plan to lose. They lose because they don't plan.
  • #806,122
  • Jan 31, 2024 12:15am Jan 31, 2024 12:15am
no change pa , 2648 daily close to deal with , not a spike or avoid indicating intention remain down close and so may actually breaks and close further low towards 2502. so waiting . take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #806,123
  • Jan 31, 2024 1:15am Jan 31, 2024 1:15am
Quoting Pat Chiko
{quote} GU These revenge trades are a repetition of yesterday's retaliatory moves. Done in Real Time posting. I sincerely hope it doesn't become a habit to engage in revenge trading every time I get stopped out. This can upset the market maker's strategy in getting free money from me.. It's crucial to avoid revenge trades, as they require a deep understanding of how price movements work to execute highly precise trades. Don't attempt this without a thorough understanding and adult supervision. {image}


GU

Lock in profits from the revenge trades.
The remaining balance is held, with expectations of another upward spike in the near future.

As prices descend, they are clearing out liquidity, as M are likely preparing for the major Federal Funds Rate announcement.
With approximately 12 hours left before today's primary events:
Federal Funds Rate
FOMC Statement
FOMC Press Conference
anticipating potential volatility.
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In the meantime, implementing a scalping strategy entails navigating between liquidity blocks utilizing the FVG Point of Interest (POI).


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Looking at the GBP/USD volatility for January, it has become apparent that we are currently at the lowest point for the month. This suggests that the imminent breakout today could be heart-wrenching for traders if they pick the wrong side ahead of the upcoming Federal Funds Rate announcement.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #806,124
  • Jan 31, 2024 1:25am Jan 31, 2024 1:25am
Quoting ScalaFX
{quote} hahahaa everybody doing it wrong but make money you must be really a looser nub nub wink wink
Hi J.T.

What happened to the love?
Short-lived?
Quoting ScalaFX
{quote} I love you nub!



Perhaps some flowers and chocolate will help mend it back.
Or maybe go out camping doing star gazing or something where there is not charting.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #806,125
  • Jan 31, 2024 1:32am Jan 31, 2024 1:32am
G/M. Doji dly candle y/day after the rise up from it's 2640 lo. Asian session all down, with early London buying. 1hr , 4hr, and dly still rangy right now, 1hr and 4hr with a current overall bearish bias within that range..

1hr below
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Trader with an Edge.
  • #806,126
  • Jan 31, 2024 1:34am Jan 31, 2024 1:34am
Quoting Pat Chiko
{quote} Hi J.T. What happened to the love? Short-lived? {quote} Perhaps some flowers and chocolate will help mend it back. Or maybe go out camping doing star gazing or something where there is not charting.
I mentioned that he have small dick
People don't plan to lose. They lose because they don't plan.
  • #806,127
  • Jan 31, 2024 1:42am Jan 31, 2024 1:42am
...perhaps a falling wedge on 4hr? Big wide pot supp zone down to y/day's 2640 lo on this (and 1hr) t/f.

4hr (with 10/20/40 ema crosses graphic) below
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Trader with an Edge.
  • #806,128
  • Jan 31, 2024 1:56am Jan 31, 2024 1:56am
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yes yes yes
  • #806,129
  • Jan 31, 2024 1:57am Jan 31, 2024 1:57am
Quoting ScalaFX
{quote} I mentioned that he have small dick

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #806,130
  • Jan 31, 2024 1:59am Jan 31, 2024 1:59am
...2nd downside break of the Asian lo finds demand @ top of the 4hr part of that prev 1hr/4hr sw lo zone = prev supp = pot supp that extends down to y/day's 2640 lo.

Will we see an upside follow-thru on y/day's dly doji today?

dly below
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Trader with an Edge.
  • #806,131
  • Jan 31, 2024 2:07am Jan 31, 2024 2:07am
In Memory of the Great and Inspiring Trader of FF

Whenever a significant news event transpires and pertinent data is released, it invariably prompts recollections of our esteemed acquaintance, Mahee, who possesses an exceptional ability in predicting price movements.

Many have been astounded by his prowess, seeking insights from Mahee for strategic trading decisions.

Regrettably, the latest communication from Mahee was accompanied by an ominous tone, as he forecasted a trade call before abruptly disappearing, leaving no trace.

We express our concern for Mahee's well-being, urging him to exercise caution and find solace within himself during this uncertain period.
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P.S. I have received information from a friend in India that Maheee has been located. I will update his photo as soon as it is available.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #806,132
  • Jan 31, 2024 2:10am Jan 31, 2024 2:10am
Didn’t see clear setup on GU.

So I went fishing.

risked 1% of my acct to get 3%

going on fine so far.
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#Stay blue. /swinger/scalper/
  • #806,133
  • Edited 2:34am Jan 31, 2024 2:23am | Edited 2:34am
...a month and a half now in this 2828-2610 4hr/dly range (with one failed 1st b/o to 2596.)

Intraday - bulls are trying. I would think that they would have to get back above Tueday/current wkly hi of 2721 to get a 'foothold' in this range again? 2719 is the midpoint of the range.

1hr below
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Trader with an Edge.
  • #806,134
  • Jan 31, 2024 2:38am Jan 31, 2024 2:38am
Quoting Pat Chiko
{quote} GU Lock in profits from the revenge trades. The remaining balance is held, with expectations of another upward spike in the near future. As prices descend, they are clearing out liquidity, as M are likely preparing for the major Federal Funds Rate announcement. With approximately 12 hours left before today's primary events: Federal Funds Rate FOMC Statement FOMC Press Conference anticipating potential volatility. {image} In the meantime, implementing a scalping strategy entails navigating between liquidity blocks utilizing the FVG Point...
GU

Fire the rocket ?.
Then comes Federal Funds Rate FOMC Statement FOMC Press Conference fire the booster?.....


Nothing recorded here is in anyway a financial advice
- This is my technical analysis for this pair.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #806,135
  • Jan 31, 2024 2:40am Jan 31, 2024 2:40am
Sold 1.2691 SL 1.2706
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #806,136
  • Jan 31, 2024 2:41am Jan 31, 2024 2:41am
Quoting Pat Chiko
{quote} GU Fire the rocket ?. Then comes Federal Funds Rate FOMC Statement FOMC Press Conference fire the booster?..... Nothing recorded here is in anyway a financial advice - This is my technical analysis for this pair. {image}{image}
Be careful Pat, you'll be getting called a $ hater with that analysis, by Zebi,! lol.
------------------------------------------------------------------------------------------

...if you missed the entry @ the bottom of that move up from current dly lo - there was another as 5min set-up for an expanding triangle - pt 5. (Details of these are on my profile under files - a pdf) - can be a useful addition to a technical arsenal. Ideally you should have bullish hidden div on the t/f below (in this case 1min) re that 5min bullish hammer trigger close @ pt 5.

5min below
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Trader with an Edge.
  • #806,137
  • Jan 31, 2024 2:47am Jan 31, 2024 2:47am
Quoting Ehminiz
Didn’t see clear setup on GU. So I went fishing. risked 1% of my acct to get 3% going on fine so far. {image}
Taken Profit
#Stay blue. /swinger/scalper/
  • #806,138
  • Jan 31, 2024 2:49am Jan 31, 2024 2:49am
Quoting Headland
{quote} Be careful Pat, you'll be getting called a $ hater with that analysis, by Zebi,! lol.
May he didn't read the history that in the 1770s, (before he was born) as the government engaged in the printing of currency, the worth of the dollar plummeted.
An illustrative incident occurred when George Washington attempted to procure provisions for his army using the US dollar, only to be denied due to the currency's actual diminished value.

Maybe after Biden got elected again, we will see it....
If Trump with his MAGA II, that is not possible
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #806,139
  • Jan 31, 2024 2:56am Jan 31, 2024 2:56am
G'day everyone from sunny Australia

Rode the nice little 30/20 pip pump on GU and EU, a pump I expected yesterday only for the breaks to be slammed on at 2700 just after LO....
Don't Leave Money on the Table
  • #806,140
  • Jan 31, 2024 3:01am Jan 31, 2024 3:01am
Quoting Pat Chiko
{quote} GU Fire the rocket ?. Then comes Federal Funds Rate FOMC Statement FOMC Press Conference fire the booster?..... Nothing recorded here is in anyway a financial advice - This is my technical analysis for this pair. {image}{image}
GU

Partial.

Taking this scalping out, as price may want to add more liquidity at OB.
Going to scalp until NYO.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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