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Cable Update (GBPUSD)

  • #807,321
  • Feb 5, 2024 12:49am Feb 5, 2024 12:49am
when everyone hopes cable going up..maybe its time to go down...
dont teach me how to buy. im sellers!!
  • #807,322
  • Feb 5, 2024 1:00am Feb 5, 2024 1:00am
Quoting ScalaFX
{quote} last positions closing before weekend, now+130 pips at this 3 bitches slapped hard today
closed all 2610, I wonna see some retrace before shorting again, watching 2640-60
People don't plan to lose. They lose because they don't plan.
  • #807,323
  • Feb 5, 2024 1:04am Feb 5, 2024 1:04am
Quoting TraderFX.Id
when everyone hopes cable going up..maybe its time to go down...
Hi. Those hoping maybe have 'skin in the game' right now, ie long positions? For those of us that are currently flat - we just gotta trade what we see.
-----------------------------------------------------------------------------------

So price @ the Asian lo/current dly lo tested the prev 1hr/4hr/dly sw lo zone that extends down to 2596. This is coexistent with a prev 4hr sw hi zone = prev res = pot rbs, that extends down to circa 2576. Mthly S1 is in this zone @/around 2593. Wkly S1 and Dly S1 are @/around 2574. Below this, another prev sw hi zone on the 4hr t/f this time a prev 4hr minor sw hi zone = prev res = pot rbs that extends circa 2571-62. The Yearly Pivot is @/around 2558. There are also 4 number longer-term downside fibs and these are in the graphic below

4hr and fibs graphic below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 22 KB
Attached Image
Trader with an Edge.
  • #807,324
  • Feb 5, 2024 1:06am Feb 5, 2024 1:06am
Bull Gang we go again buy at 1.26097 sl 30pips tp 150pips. Trade Safe
Keep the Lights on then you can catch the rise from the dark.
  • #807,325
  • Feb 5, 2024 1:10am Feb 5, 2024 1:10am
Quoting ScalaFX
{quote}closed all 2610, I wonna see some retrace before shorting again, watching 2640-60
Buying to that zone
Exhausted
  • #807,326
  • Feb 5, 2024 1:16am Feb 5, 2024 1:16am
alright back... buying cable maybe london open push some upwards and dxy needs a breather before marching up..... started a week with a loss.... lets see 2 in row or recover...I can't even remember having 2 losses in a row at the start of the week.. so better not break the streak....
sl day low
tp open for now will take atleast 20pip
Extreme gut feeling trader
  • #807,327
  • Feb 5, 2024 1:21am Feb 5, 2024 1:21am
Attached File(s)
File Type: pdf THE COMPOUND EFFECT_240204_162824.pdf   4.6 MB | 258 downloads
  • #807,328
  • Feb 5, 2024 1:21am Feb 5, 2024 1:21am
Attached File(s)
File Type: pdf Understanding_Gaps_230818_021612.pdf   2.1 MB | 296 downloads
  • #807,329
  • Feb 5, 2024 1:38am Feb 5, 2024 1:38am
gbp/usd ---- this is how i am trading it... could be wrong but gotta be init to win it. Resistance @12621.6 needs to be taken then up hopefully
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2024-02-05 at 07.36.52.png Size: 55 KB
  • #807,330
  • Feb 5, 2024 1:42am Feb 5, 2024 1:42am
Quoting montygoldy
alright back... buying cable maybe london open push some upwards and dxy needs a breather before marching up..... started a week with a loss.... lets see 2 in row or recover...I can't even remember having 2 losses in a row at the start of the week.. so better not break the streak.... sl day low tp open for now will take atleast 20pip
Yeah true let's see where it goes
  • #807,331
  • Feb 5, 2024 1:45am Feb 5, 2024 1:45am
Quoting Zebi
long 2606 to scalp tp 2640 sl 2590
done buying..now wait short signal
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20240205_144424.png Size: 7 KB
dont teach me how to buy. im sellers!!
  • #807,332
  • Feb 5, 2024 1:46am Feb 5, 2024 1:46am
Quoting T721
gbp/usd ---- this is how i am trading it... could be wrong but gotta be init to win it. Resistance @12621.6 needs to be taken then up hopefully {image}
gbp/usd ----- green line is resistance i was talking bout....NoGo yet
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2024-02-05 at 07.44.41.png Size: 44 KB
  • #807,333
  • Feb 5, 2024 1:47am Feb 5, 2024 1:47am
..price got upside of 1st potential barrier to that, now challenging a prev 30min minor sw hi zone = prev res = pot res, @ current p/back hi

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB
Trader with an Edge.
  • #807,334
  • Edited 2:07am Feb 5, 2024 1:47am | Edited 2:07am
checking pa . bouce to back bear next possibly ! take care
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 13 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 15 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #807,335
  • Feb 5, 2024 1:48am Feb 5, 2024 1:48am
Exit longs.
Waiting for London to short
Exhausted
  • #807,336
  • Feb 5, 2024 1:51am Feb 5, 2024 1:51am
Euro showing hints of bearish BO.
GU might follow
Exhausted
  • #807,337
  • Feb 5, 2024 2:03am Feb 5, 2024 2:03am
Quoting montygoldy
alright back... buying cable maybe london open push some upwards and dxy needs a breather before marching up..... started a week with a loss.... lets see 2 in row or recover...I can't even remember having 2 losses in a row at the start of the week.. so better not break the streak.... sl day low tp open for now will take atleast 20pip
streak continues.. positive stops in place
Extreme gut feeling trader
  • #807,338
  • Feb 5, 2024 2:05am Feb 5, 2024 2:05am
USDCHF and USDJPY. Looking for shorts.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCHF 0.86793 ▼ −0.02% Unnamed - Google Chrome 05-02-2024 13_30_38.png Size: 92 KB
Click to Enlarge Name: USDJPY 148.454 ▲ +0.05% Unnamed - Google Chrome 05-02-2024 13_25_34.png Size: 124 KB
  • #807,339
  • Feb 5, 2024 2:07am Feb 5, 2024 2:07am
all.SL.set to 2610, back to.this area wil.waking up bear
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20240205_150656.png Size: 13 KB
dont teach me how to buy. im sellers!!
  • #807,340
  • Feb 5, 2024 2:08am Feb 5, 2024 2:08am
...there are repeating patterns of regular bull div from 5min to 1hr @ current dly lo, and 2hr is v. o/s there, on a scale of o/s - very.o.s - extr o/s.

1hr below by way of example
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
Trader with an Edge.
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