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Cable Update (GBPUSD)

  • #818,661
  • Mar 25, 2024 1:34am Mar 25, 2024 1:34am
All the current retracement with USD pairs, that is USD being strong. Means only 1 thing... to look for short entries, including GU.
How you exit from trades, is all that matters..
  • #818,662
  • Mar 25, 2024 1:53am Mar 25, 2024 1:53am
Quoting Coreg2004
{quote} I babysit micro ES trade...you have a fricken life.
Yo Coreg! Could you please post EW analysis of GBP/JPY Daily Chart? That EW analysis should prove useful here...

As far as I can see it, there have been 3 buys now. C wave cannot be the shortest or longest wave or C wave has to be the longest or shortest (I forgot...)? Thanks buddy!

First wave was 1000 pips, second 600 pips and third 550 pips. What do you think?

It's rare to see the 4th buy and 4th buy usually doesn't break the high of the 3rd wave, right?

I'm asking, because if I think these might be the highs on JPY pairs..
  • #818,663
  • Mar 25, 2024 2:18am Mar 25, 2024 2:18am
stubborn mf
Attached Image(s) (click to enlarge)
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yes yes yes
  • #818,664
  • Mar 25, 2024 2:23am Mar 25, 2024 2:23am
Quoting Moty
stubborn mf {image} {image}
Rigid Fibonacci isn't that good as the fluid one which can be achieved by adding MA's.
  • #818,665
  • Mar 25, 2024 3:04am Mar 25, 2024 3:04am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 13 KB
yes yes yes
  • #818,666
  • Mar 25, 2024 3:23am Mar 25, 2024 3:23am
Quoting TraderFX.Id
{quote} I thinkbthis week is last chance btc for rake lowest for the year before going break ath at halving, my sl 70k, because we are on mid daily bands now, if break im surrender to short and done trade btc
Could you share the screenshot of the mid daily bands
  • #818,667
  • Mar 25, 2024 3:25am Mar 25, 2024 3:25am
Quoting Luxyus
{quote} there s a RSI [low] divergence on TF M15, it worth a try for me {image}
Quoting Luxyus
nice WS opening, seem i have to add longs
i ll TP @1.2647/59
chaos is just unknown order
  • #818,668
  • Mar 25, 2024 3:47am Mar 25, 2024 3:47am
Maybe 1.26350 by NY
  • #818,669
  • Mar 25, 2024 3:52am Mar 25, 2024 3:52am
Quoting Whatevs
{quote} Rigid Fibonacci isn't that good as the fluid one which can be achieved by adding MA's.
and if u check weekly we have cable almost sitting on Ma50
chaos is just unknown order
  • #818,670
  • Mar 25, 2024 4:00am Mar 25, 2024 4:00am
Quoting azhantahir
GBPUSD TFH4 Methodology: OHLC, SMC and PA Just a personal opinion. Overall still uptrend. {image}

GBPUSD TFM30 (opening)
Methodology Analysis Based: OHLC, SMC, Price Action
Entry Based: Price Action (Triple Lines)

Just a personal opinion. Lots of accumulation.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
Look right, we'll see the signs
  • #818,671
  • Mar 25, 2024 4:20am Mar 25, 2024 4:20am
EURUSD TFM30 (opening)
Methodology Analysis Based: OHLC, SMC, Price Action
Entry Based: Price Action (Triple Lines)

Just a personal opinion.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
Look right, we'll see the signs
  • #818,672
  • Mar 25, 2024 4:29am Mar 25, 2024 4:29am
From what I have seen over Friday and today in order for the bulls to claw back towards 127 the first hurdle is 12620 - 12640. A break from there and the next zone becomes visible as does higher however it all depends on the strength of the run first
Insane in the Brain..
  • #818,673
  • Mar 25, 2024 4:30am Mar 25, 2024 4:30am
Quoting azhantahir
EURUSD TFM30 (opening) Methodology Analysis Based: OHLC, SMC, Price Action Entry Based: Price Action (Triple Lines) Just a personal opinion. {image}
You're another pure PA Trader.
So what's the importance of those 3 lines?
Thanks
  • #818,674
  • Mar 25, 2024 4:30am Mar 25, 2024 4:30am
yellow zone likely to get tested
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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  • #818,675
  • Mar 25, 2024 5:06am Mar 25, 2024 5:06am
Quoting azhantahir
GOLD TFH1 Methodology: OHLC, SMC and PA Just a personal opinion. Overall still uptrend. Waiting for D1 for selling. {image}
GOLD TFM30 (opening)
Methodology Analysis Based: OHLC, SMC, Price Action
Entry Based: Price Action (Triple Lines)

Just a personal opinion.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
Look right, we'll see the signs
  • #818,676
  • Mar 25, 2024 5:09am Mar 25, 2024 5:09am
Quoting kenny4real
{quote} You're another pure PA Trader. So what's the importance of those 3 lines? Thanks
first line for Pre Opening
2nd line for Opening
3rd line for Confirmation

If prices break 3rd line, prices will moved forward.
Look right, we'll see the signs
  • #818,677
  • Mar 25, 2024 5:14am Mar 25, 2024 5:14am
Sir.. I genuinely wish to understand how you trade.. even this last reply seems hard for me to grasp.. kindly explain more
  • #818,678
  • Mar 25, 2024 5:16am Mar 25, 2024 5:16am
Quoting azhantahir
EURUSD TFM30 (opening) Methodology Analysis Based: OHLC, SMC, Price Action Entry Based: Price Action (Triple Lines) Just a personal opinion. {image}
Nice analysis. I am bullish too for EURUSD,GBPUSD and AUDUSD at the moment. Monday usually bullish for this pair especially AUDUSD. Just my 2 cents. And thanks for sharing this analysis.
  • #818,679
  • Mar 25, 2024 5:19am Mar 25, 2024 5:19am
BTCUSD TFM30 (Re-Entry Buy)
Methodology Analysis Based: OHLC, SMC, Price Action
Entry Based: Price Action (Triple Lines)

Just a personal opinion.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
Look right, we'll see the signs
  • #818,680
  • Mar 25, 2024 5:23am Mar 25, 2024 5:23am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 12 KB

Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 12 KB
yes yes yes
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