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Cable Update (GBPUSD)

  • #808,521
  • Feb 9, 2024 2:27am Feb 9, 2024 2:27am
...3 x pot rbs zones the immediate downside obstacles for the bears who sold and are holding off the current dly hi, ...and other longer-term bears I guess.

1hr below
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Trader with an Edge.
  • #808,522
  • Feb 9, 2024 2:37am Feb 9, 2024 2:37am
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  • #808,523
  • Feb 9, 2024 2:44am Feb 9, 2024 2:44am
Quoting woody70
While waiting on GBP this does look tempting to short. {image}
Sold 149.494 SL 149.581 maybe to soon or maybe should not do it at all.
  • #808,524
  • Feb 9, 2024 3:09am Feb 9, 2024 3:09am
Quoting woody70
{quote} Sold 149.494 SL 149.581 maybe to soon or maybe should not do it at all.
SL BE +2
  • #808,525
  • Feb 9, 2024 3:12am Feb 9, 2024 3:12am
short 1.2613
vankiepsauff@gmail
  • #808,526
  • Feb 9, 2024 3:14am Feb 9, 2024 3:14am
Quoting pipfarm
{quote} So far so good for the H4 short but will need to wait for the H4 close to confirm, hopefully the stop will be reasonable and being an H4 trade will travel down a good amount. {image}

Still in the trade - just about , stop loss has held 20 pip risk
Follow The Markets Structure - Patience and Discipline
  • #808,527
  • Feb 9, 2024 3:14am Feb 9, 2024 3:14am
Quoting Yngwie
Sold 1.2633
great sniper
dont teach me how to buy. im sellers!!
  • #808,528
  • Feb 9, 2024 3:15am Feb 9, 2024 3:15am
Quoting T721
{quote} Just be careful we got CAD news tomorrow and it could do the opposite of what i want But even if i get stopped @b/e i will look to get back in short and atm only up 40pips ish ---- just have to wait n see pal
sure, im not in yet, ill wait for week close for confirmation, i will probably short it by Monday with SL around 1.3560
  • #808,529
  • Feb 9, 2024 3:16am Feb 9, 2024 3:16am
Quoting Yngwie
Sold 1.2633
good entry
vankiepsauff@gmail
  • #808,530
  • Feb 9, 2024 3:19am Feb 9, 2024 3:19am
...testing the 38.2% of the y/day lo - current dly hi move @ a prev 1hr sw lo zone = prev supp = pot supp, @ the current p/back lo, after the last 1hr bearish engulf thrust close.

1hr below
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Trader with an Edge.
  • #808,531
  • Feb 9, 2024 3:27am Feb 9, 2024 3:27am
It’s really hating 12635 area lol. Friday both sides get their asses kicked usually let’s see if we can see a break above or below
Insane in the Brain..
  • #808,532
  • Feb 9, 2024 3:33am Feb 9, 2024 3:33am
Quoting Yngwie
Sold 1.2633
Stuck closed 20p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #808,533
  • Feb 9, 2024 3:34am Feb 9, 2024 3:34am
only faith is keeping up my longs right now, added some more. It’s relatively weak..
Good place to load up on longs, but also good place to fail. ️
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You have an IQ lower than 90 if you interact with this user.
  • #808,534
  • Feb 9, 2024 3:36am Feb 9, 2024 3:36am
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yes yes yes
  • #808,535
  • Feb 9, 2024 3:41am Feb 9, 2024 3:41am
lets go full power bear..2500 today low
dont teach me how to buy. im sellers!!
  • #808,536
  • Feb 9, 2024 3:45am Feb 9, 2024 3:45am
GBP/USD (4H):
The price is now consolidating at the resistance zone, forming a reversal setup.
After breaking through the local support, we may see the continuation of the downward trend towards the 1.250 support area.
Confirmations: lower low, lower high.
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  • #808,537
  • Feb 9, 2024 4:14am Feb 9, 2024 4:14am
Quoting pipfarm
{quote} Still in the trade - just about , stop loss has held 20 pip risk

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Follow The Markets Structure - Patience and Discipline
  • #808,538
  • Feb 9, 2024 4:16am Feb 9, 2024 4:16am
Quoting Moty
{image}
I took shorts,
Personal Journal...https://www.forexfactory.com/thread/1260265-the-journal
  • #808,539
  • Feb 9, 2024 4:17am Feb 9, 2024 4:17am
Maybe a good mantra for this GU thread...
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  • #808,540
  • Feb 9, 2024 4:18am Feb 9, 2024 4:18am
Quoting trade.pro
GBP/USD (4H): The price is now consolidating at the resistance zone, forming a reversal setup. After breaking through the local support, we may see the continuation of the downward trend towards the 1.250 support area. Confirmations: lower low, lower high. {image}
how long to your candle close?
Personal Journal...https://www.forexfactory.com/thread/1260265-the-journal
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