IF confirmed, this could bring the price below 1.11, approximately towards November.
But we still have a long way to go and we need increasing volume
But we still have a long way to go and we need increasing volume
Cable Update (GBPUSD)
- #817,542
- Mar 20, 2024 4:06am Mar 20, 2024 4:06am
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- #817,543
- Mar 20, 2024 4:08am Mar 20, 2024 4:08am
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{quote} GU Revised set up for FOMC later.{image} Disclaimer: This is not a trade signal service. (I'm Newbie) The information provided is my personal opinion and should not be considered as financial advice for trading purposes. Please consult with other more professional traders here before making any investment decisions.
The saying you have there is actually quite accurate! It's often phrased as "Plan your trades, trade your plan."
GU
We got B in place.
From Price Action, it will not able to bounce/hold this and price may want to slide further.
Wait and analyses situation or may want to Partial TP ATM.
Chart showing we at around "B". will observe hold or break from PA.
(Note: Chart already photoshopped to make it looks good and profitable....)
I come from the future.
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- #817,544
- Mar 20, 2024 4:08am Mar 20, 2024 4:08am
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{quote} The 4hr Flag Limit is the 4th partial TP. Same level as the candlestick body of Daily OB and 61.8% of previous swing. Potential swing reversal. However, the FL came without FTR (Failed to Return) so my target next OB 4hr {image} Fundamental also support the bearish view. So holding the shorts at ease, at the moment, until further economic development. However, on 30mins timeframe liquidity sweep to 1.274 is possible. 30mins {image} Will add shorts if price goes up there.
Forecast was release before todays UK CPI. Probably last week i guess.
More time in the market, does not mean you trade better!
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- #817,546
- Mar 20, 2024 4:11am Mar 20, 2024 4:11am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} potentially a move towards the 12750 area that Pat mentioned before FOMC which all depends on Powell
It's not my fault okey.
I come from the future.
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- #817,547
- Mar 20, 2024 4:25am Mar 20, 2024 4:25am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} The US, UK and more observers were invited to scrutinize the elections in Russia where they had record turnout but they all declined. Funny how if the election was a sham with no opposition, why did all these voters turn out... Could it be that the North American and European press got it wrong and that this entire Ukraine Russia conflict is actually something caused by the US? Could it be that Russia isn't falling apart the way the media portrays? You did notice that Russia has not advanced into Ukraine beyond the border zone or any other...
Putin says Russia wrote off $23B in African debt - July 2023.
I come from the future.
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- #817,548
- Mar 20, 2024 4:25am Mar 20, 2024 4:25am
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{quote} I'm not guilty Bro.
Insane in the Brain..
- #817,549
- Mar 20, 2024 4:26am Mar 20, 2024 4:26am
- Joined Dec 2020 | Status: TIME is my GAIN | 1,913 Posts
chaos is just unknown order
- #817,550
- Mar 20, 2024 4:26am Mar 20, 2024 4:26am
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
- #817,551
- Mar 20, 2024 4:36am Mar 20, 2024 4:36am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} bro it’s the same area as I had my TP yesterday early evening. Keeping it same for time being might add to it if we drop below 12670
Dusting off some old charts, huh? (this was my marked chart to the GU)
{quote} GU Hey evertone, so as newbie view, and this FOMC meeting is kind of a big deal for the GBP/USD pair specifically.ces move. That way, we can make choices that make sense for how much risk we're comfortable with and what we're trying to achieve overall. {image} {image} {image}
Gonna take some profits (gotta feed my girlfriends!), but letting the rest ride the wave. (I mean not that Wave, the Elliot Wave
)Unless things get crazy (like break structure) on the 1-hour or 4-hour charts, then I'll flip my positions like a pancake.
Basically, keeping an eye on things, but not freaking out.
Trade Safe and enjoy THE FEDAY
I come from the future.
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- #817,552
- Mar 20, 2024 4:50am Mar 20, 2024 4:50am
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{quote} safe, let it go
nice
People don't plan to lose. They lose because they don't plan.
- #817,553
- Mar 20, 2024 4:52am Mar 20, 2024 4:52am
- Joined Dec 2020 | Status: TIME is my GAIN | 1,913 Posts
{quote} ..bought @91 risking just 3 pips as a countertrend position
chaos is just unknown order
- #817,555
- Mar 20, 2024 4:59am Mar 20, 2024 4:59am
- Joined Mar 2020 | Status: Trader | 3,499 Posts
Using my Hybrid TL approach, it's very plausible we go into the low 26's before the bulls really jump in for the long haul {image}
Compulsions can be hard to resist
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- #817,558
- Mar 20, 2024 5:12am Mar 20, 2024 5:12am
- | Commercial User | Joined Jul 2021 | 3,280 Posts
In case you chicken out of EURUSD yesterday because of fear. Here is another opportunity to enter. {image}
.. Forex will teach you to talk less. This shit will humble you 
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- #817,560
- Mar 20, 2024 5:19am Mar 20, 2024 5:19am
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More time in the market, does not mean you trade better!