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Cable Update (GBPUSD)

  • #807,901
  • Feb 6, 2024 10:20am Feb 6, 2024 10:20am
Quoting hamedsna
sell limit 2605 sl 2625 partial on 1:2 tp 2440
FOMO
shorted small one at 2597
  • #807,902
  • Feb 6, 2024 10:22am Feb 6, 2024 10:22am
Quoting DrDave
{quote} waiting on the a confirmation to go long What TF are you looing at for such confirmation?
The 4 hour chart and also watching the dxy strength it had a pullback but now is on the rise again coinciding with the touching of 1.26 just moments ago
  • #807,903
  • Feb 6, 2024 10:43am Feb 6, 2024 10:43am
Quoting Godspromise
{quote} The 4 hour chart and also watching the dxy strength it had a pullback but now is on the rise again coinciding with the touching of 1.26 just moments ago
Because H8 has recently turned up, it is POSSIBLE that price will continue bullish. But it is more likely that there will be bearish action now on smaller TFs to build some pullbacks to the swing up. Just need to follow smaller TFs to see where the down swings are and if the subsequent rallies in those swings end as rallies rather than continuing to a higher high.
To free Gazans of Hamas, use whatever it takes.
  • #807,904
  • Feb 6, 2024 10:44am Feb 6, 2024 10:44am
Quoting DrDave
{quote} Because H8 has recently turned up, it is POSSIBLE that price will continue bullish. But it is more likely that there will be bearish action now on smaller TFs to build some pullbacks to the swing up. Just need to follow smaller TFs to see where the down swings are and if the subsequent rallies in those swings end as rallies rather than continuing to a higher high.
I see I understand your reasoning I'll be watching keenly
  • #807,905
  • Feb 6, 2024 10:49am Feb 6, 2024 10:49am
Quoting Godspromise
{quote} I see I understand your reasoning I'll be watching keenly
Example:
Look at m5 right now. It made a pullback and now is on its rally. But price is already approaching the previous swing high. If price closes above that high, then the rallies have failed and will start again (at some point in time) back with m1.
To free Gazans of Hamas, use whatever it takes.
  • #807,906
  • Feb 6, 2024 10:56am Feb 6, 2024 10:56am
Quoting DrDave
{quote} Example: Look at m5 right now. It made a pullback and now is on its rally. But price is already approaching the previous swing high. If price closes above that high, then the rallies have failed and will start again (at some point in time) back with m1.
True true it looks like it is going higher
  • #807,907
  • Feb 6, 2024 11:12am Feb 6, 2024 11:12am
Quoting DrDave
{quote} Example: Look at m5 right now. It made a pullback and now is on its rally. But price is already approaching the previous swing high. If price closes above that high, then the rallies have failed and will start again (at some point in time) back with m1.
however it may be.
according to order flow, the south should move first.

H1.
  • #807,908
  • Feb 6, 2024 11:14am Feb 6, 2024 11:14am
Go shorty
Pull back to 1.25959
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yes yes yes
  • #807,909
  • Feb 6, 2024 11:17am Feb 6, 2024 11:17am
Quoting DrDave
{quote} ill prolly add my last short until price starts falling Why don't you wait until price starts falling to add ANY more shorts??
Quoting Zebi
i placed sell limits at 2577 and a big size lottery sell limit at 2600 off the 4H just in case bulls are hiding in the barn sleeping in their own shit
i originally put sell limit orders in 18 hours ago in this post ...the 2601 hasnt been taken yet ... when it will ill have 4 shorts...2 small ones i made during asia and now these two orders so its working acccording to plan

the reason why i took the shorts lower was cause the 4H gave me sell signals last nite but i kept them small incase of a ramp up by bulls which is what happened but i didnt get a buy signal on my system at yesterdays lows so thats why i didnt go long since the bounce just a ICT OB kind of bounce that wont last


my system says everything since 5am eastern when london took up price will all be retraced by tmoro

theres the order that hasnt been hit...i wanted it to be on 2600 but since i place orders on the charts with a mouse sometimes my shakey hands miss my level by a pip or two LOL
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short trump and go long the deepstate
  • #807,910
  • Feb 6, 2024 11:26am Feb 6, 2024 11:26am
Quoting Zebi
{quote} {quote} i originally put sell limit orders in 18 hours ago in this post ...the 2601 hasnt been taken yet ... when it will ill have 4 shorts...2 small ones i made during asia and now these two orders so its working acccording to plan the reason why i took the shorts lower was cause the 4H gave me sell signals last nite but i kept them small incase of a ramp up by bulls which is what happened but i didnt get a buy signal on my system at yesterdays lows so thats why i didnt go long since the bounce just a ICT OB kind of bounce that wont last...

so now i slid it down to 2600 and if gets hit will be all the shorts i do till get below 2538 on the hourly chart which is london low
short trump and go long the deepstate
  • #807,911
  • Feb 6, 2024 11:35am Feb 6, 2024 11:35am
Well PA is turning bullish, for me a test of 1.2610 is imminent today or early tomorrow, i expect a reversal after touching 1.2610 of 30-50 pips and then continuation of the uptrend.
Weekly close will give the clue, lets see
  • #807,912
  • Feb 6, 2024 11:36am Feb 6, 2024 11:36am
Quoting Moty
Go shorty Pull back to 1.25959 {image} {image}
I respect your commitment no bull talk just your strategy and effort I'm putting in the work as well but it's nice to see someone on the path to greatness am striving for too bro
I'm waiting until it taps into 1.261 and makes a falls move upwards more then fall back to that area and give me a confirmation to the downside before I enter the most optimum trades only trying to increase discipline
  • #807,913
  • Feb 6, 2024 11:36am Feb 6, 2024 11:36am
Quoting tiborf71
{quote} however it may be. according to order flow, the south should move first. H1.
the south should move first. H1.

What does that mean??
To free Gazans of Hamas, use whatever it takes.
  • #807,914
  • Feb 6, 2024 11:47am Feb 6, 2024 11:47am
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yes yes yes
  • #807,915
  • Feb 6, 2024 11:48am Feb 6, 2024 11:48am
Quoting DrDave
{quote} the south should move first. H1. What does that mean??
I'm not a trend trader, I usually count 20-30 pips for minor corrections. My analyzes are only directed towards this.
so I can't say where the price will go after correction. it can go anywhere.
  • #807,916
  • Feb 6, 2024 11:48am Feb 6, 2024 11:48am
It can go down in different ways. I think up and down on H4. But channel down ,goes slowly.
  • #807,917
  • Feb 6, 2024 12:53pm Feb 6, 2024 12:53pm
Quoting genadi
{quote} SL is at 1.2530 It can be hitted. This is not the best trade, but the position is not very big too.
Price did not hit it. Profit profit profit.
  • #807,918
  • Feb 6, 2024 1:12pm Feb 6, 2024 1:12pm
Quoting Zebi
{quote} so now i slid it down to 2600 and if gets hit will be all the shorts i do till get below 2538 on the hourly chart which is london low

they came back and took my sell limit order at 2600

i was liquidity LOL

my average now is 2581cause this one was big size
short trump and go long the deepstate
  • #807,919
  • Feb 6, 2024 1:43pm Feb 6, 2024 1:43pm
Learning so much my strategy getting better and better usdjpy 0.05 tp 148
  • #807,920
  • Feb 6, 2024 2:44pm Feb 6, 2024 2:44pm
Quoting aahmad29
{quote} February 06, 2024 GBPUSD How to Use? Here is full detail with chart and pending orders. On the chart, there are two lines. Blue and Pink. Price levels on blue line are for Buy Stop order. Price levels on pink line are for Sell Stop order. Blue line (Buy Stop order) start at the level of 0.236 ( you can check the price tag of each level on the chart). Pink line (Sell Stop Order) start at the level of 0.236 ( you can check the price tag of each level on the chart). Area between Blue line 0.236 and Pink line 0.236 is no trade zone. Today’s...
Buy stop triggered then hit both TP1 and TP2
Love for all; Hatred for none.
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