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Cable Update (GBPUSD)

  • #821,421
  • Apr 12, 2024 10:55am Apr 12, 2024 10:55am
Quoting Waveskierrob
{quote} Looking forward to next "Wonga Wednesday"...
If its only 1 or 2 point dividend i usually leave it alone. i just like the BIG Monies
  • #821,422
  • Apr 12, 2024 11:00am Apr 12, 2024 11:00am
Yes !!!
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yes yes yes
  • #821,423
  • Apr 12, 2024 11:03am Apr 12, 2024 11:03am
Quoting Moty
Yes !!! {image}
Leave some fuckinmoney for us mere mortals Well done Moty
  • #821,424
  • Apr 12, 2024 11:19am Apr 12, 2024 11:19am
Quoting T721
{quote} If its only 1 or 2 point dividend i usually leave it alone. i just like the BIG Monies
... Do you play any others T, such as SMI or CAC ?

always learning
  • #821,425
  • Apr 12, 2024 11:22am Apr 12, 2024 11:22am
Quoting griffc
{quote} ... Do you play any others T, such as SMI or CAC ?
Just ftse for me but its the same on all
  • #821,426
  • Apr 12, 2024 11:23am Apr 12, 2024 11:23am
Quoting griffc
{quote} ... Do you play any others T, such as SMI or CAC ?
Long time, you been taking a break ?
  • #821,427
  • Apr 12, 2024 11:44am Apr 12, 2024 11:44am
Quoting mallee
{quote} Not when I exchanged posts a couple of days ago Wave.
Mallee, Thanks, I am short.
Quote
Time to step back and look at the broader picture. From a weekly perspective GU is contracting in a narrow range between 1.27000 and my yearly pivot at 1.25569. Notice the weekly rejection off 1.25569 with a higher weekly candle close. I tend to lean more to the upside but a weekly candle close above 1.27000 or below 1.25569 (yellow highlighted area) will be crux in price moving forward in the 2nd quarter of this year. Patience once gain of utmost importance here to catch the trend.
I am awaiting a pullback towards 1.25000 to enter more shorts.
Cheers.
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Trade to trade another day
  • #821,428
  • Apr 12, 2024 11:59am Apr 12, 2024 11:59am
Quoting Wavegarrick
{quote} Mallee, Thanks, I am short. {quote} I am awaiting a pullback towards 1.25000 to enter more shorts. Cheers. {image}
...well done Leon, I see why you're showing you TE again....this is the reason why I don't trust TE, folks don't have the balls to show when it goes against them...
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  • #821,429
  • Edited 12:18pm Apr 12, 2024 12:01pm | Edited 12:18pm
need to watch trend 1 h, 4h is oversold,trend h1 where it will go on monday. trend 4 h buy only with strong confirmation.of course this is oversold. i tell you trend daily if look no panic- it should be candles over 1.25 better 2-3.trend h4 it should be over 1.25130 i think if daily candles 2-3 is over this level, this end of down trend. but be careful.
1.28 was hit daily,now 1.25 hit, before was not hit. problem it went till 1.24200.
  • #821,430
  • Apr 12, 2024 12:24pm Apr 12, 2024 12:24pm
Quoting Zebi
theres something wrong with spacetime....GU and UJ both falling and rising at the same time today {image}
You are using lot of tools to analyze market.. Its amazing..
I'm not always right.. I'm not always wrong neither
  • #821,431
  • Apr 12, 2024 12:50pm Apr 12, 2024 12:50pm
Quoting Zebi
{quote} somebody find BT...he deserves a cowpie for this
time to wind down and enjoy a kebab
Insane in the Brain..
  • #821,432
  • Apr 12, 2024 12:52pm Apr 12, 2024 12:52pm
Quoting T721
{quote} Long time, you been taking a break ?
Not really pal - I did update DM you a while back, guess it got lost in the mass of DMs you get

Still churning away here, although been through the mill a bit as all of my tooling was set up for excel talking to MT4, then the recent MT prop firm fiascos so having to have a rethink on tooling and growth options but keeping the faith.

Hope you're finally better & keeping well
T
always learning
  • #821,433
  • Apr 12, 2024 12:54pm Apr 12, 2024 12:54pm
Quoting griffc
{quote} Not really pal - I did update DM you a while back, guess it got lost in the mass of DMs you get Still churning away here, although been through the mill a bit as all of my tooling was set up for excel talking to MT4, then the recent MT prop firm fiascos so having to have a rethink on tooling and growth options but keeping the faith. Hope you're finally better & keeping well T
All good thanks. Start studying the ftse divi trade, you wont need anything else
  • #821,434
  • Apr 12, 2024 12:54pm Apr 12, 2024 12:54pm
Quoting viktoriaxz
need to watch trend 1 h, 4h is oversold,trend h1 where it will go on monday. trend 4 h buy only with strong confirmation.of course this is oversold. i tell you trend daily if look no panic- it should be candles over 1.25 better 2-3.trend h4 it should be over 1.25130 i think if daily candles 2-3 is over this level, this end of down trend. but be careful. 1.28 was hit daily,now 1.25 hit, before was not hit. problem it went till 1.24200.
Quoting Coreg2004
{quote} BT, on Monday after the close (meek follow thru) I decided to trade to the upside (still the A leg is weird) at least to 1.2674 (38.2%). In March the NY session was tough to trade. 14,18 and 9 pips on Mar, 13 after being in the market for 4.5H, and I've done everything by the book. Hey, it's day trading. Expect unexpected.{image} {image}
viktoriaxz, I don't know if you are using the time to pinpoint the correction's end. Min. time to complete wave C is on April, 18 and the price should reach at least @1.2354 (the end of AB=CD pattern). That's theory. Sure, we don't know how swing BC unfolds.
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Always trade your own plan...I don't provide trading signals.
  • #821,435
  • Apr 12, 2024 12:56pm Apr 12, 2024 12:56pm
Hello Guys,
after a long time i am planning to come back to Pound,
GBPJPy AND EURJPY worked well 200 pips drop.
that was great move,
but still in USDJPY hopeing for below 152.xx to get comfortable holding till 150.50 and then 147.xx
anyways Pack to POUND,
it might not be a bad idea to buy a small lot above 1.2530
for 1.2600
Just a Thought,
Have a Nice Weekend.
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Don't compare your Trades with Others
  • #821,436
  • Apr 12, 2024 1:02pm Apr 12, 2024 1:02pm
Quoting T721
{quote} Just ftse for me but its the same on all
Not sure I fully understand the logic in them yet but I'll do a practical on it next week and taste the forbidden fruit.

Cheers
always learning
  • #821,437
  • Apr 12, 2024 1:06pm Apr 12, 2024 1:06pm
Quoting griffc
{quote} Not sure I fully understand the logic in them yet but I'll do a practical on it next week and taste the forbidden fruit. Cheers
Will post in my thread... But check out @waveskierrobs thread i posted examples there and tried my best to explain it. Waveski traded it on Wednesday and worked out to fill gap


Hedging/averaging trades without prediction
  • #821,438
  • Apr 12, 2024 1:21pm Apr 12, 2024 1:21pm
Quoting T721
{quote} Will post in my thread... But check out @waveskierrobs thread i posted examples there and tried my best to explain it. Waveski traded it on Wednesday and worked out to fill gap Hedging/averaging trades without prediction
Certainly did +45 nice ones
  • #821,439
  • Apr 12, 2024 1:23pm Apr 12, 2024 1:23pm
Quoting BeeTogether
{quote} time to wind down and enjoy a kebab

you saved us with that pic...it woke up the incorrigible bulls
short trump and go long the deepstate
  • #821,440
  • Apr 12, 2024 1:24pm Apr 12, 2024 1:24pm
Quoting Waveskierrob
{quote} Certainly did +45 nice ones
Whelp someones gotta make money so might as well be us
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