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New Cable Thread & Other Pairs

  • #4,901
  • May 20, 2024 7:56am May 20, 2024 7:56am
Here is a 5 minute chart of a good possibility. i will sell for a C wave down with a tight stop loss.

sell limit at 2424 , 2431 .

Stop loss at 2439 .
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STING
  • #4,902
  • May 20, 2024 8:46am May 20, 2024 8:46am
EU

can we say correction (pullback) is over?

my two cent : NO!
I'll Sell when price is heading to Hell
  • #4,903
  • May 20, 2024 8:54am May 20, 2024 8:54am
my one cent: Yes

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"the public is not yet ready for it" W.D. GANN
  • #4,904
  • May 20, 2024 9:06am May 20, 2024 9:06am
Hi....
please will the CAD news dropping tomorrow affect gold and any other USD pair?
  • #4,905
  • May 20, 2024 9:15am May 20, 2024 9:15am
Quoting chacho.fx
{quote} HAHAHA, I never tried this fibonacci fan thing. But im sure if it worked, I wouldnt be blurting it out in a thread and instead make some money with it. Alas, lets hope next week brings a better week. This Euro short fed me horns.
Quoting Kwt4x
{quote} you should try it, and it does work. if we don't break current high, this is next week levels in advance. TL's CAN NOT give you that. {image}
update for our friend chacho

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"the public is not yet ready for it" W.D. GANN
  • #4,906
  • May 20, 2024 9:18am May 20, 2024 9:18am
Quoting tipsykira
Hi.... please will the CAD news dropping tomorrow affect gold and any other USD pair?
of course! tomorrow the world will end and effect all currencies&especially gold;-)
trading is like dancing, don't think and just listen to the music!
  • #4,907
  • May 20, 2024 9:44am May 20, 2024 9:44am
Quoting birdland
{quote} of course! tomorrow the world will end and effect all currencies&especially gold;-)
Damn i better go enjoy the last minutes alone
  • #4,908
  • May 20, 2024 9:44am May 20, 2024 9:44am
XBRUSD looking like an amazing long rn.
  • #4,909
  • May 20, 2024 9:45am May 20, 2024 9:45am
Quoting Kwt4x
{quote} {quote} update for our friend chacho {image}
Wow bro, it actually works. Care to share some educational content I can read up on?
  • #4,910
  • Edited 1:19pm May 20, 2024 10:21am | Edited 1:19pm
Quoting Kwt4x
{quote} {quote} update for our friend chacho {image}
you should try my indicator to get better results
{ virus risk deleted by staff }
  • #4,911
  • May 20, 2024 10:48am May 20, 2024 10:48am
Quoting chacho.fx
{quote} Wow bro, it actually works. Care to share some educational content I can read up on?
of course, link to GANN books http://gann.su/book_eng_en.html

you might find it hard to understand at first, but when you know the mindset of GANN it will be easier.

but the basic rules are similar to Fibonacci start/end and high/low then divide equally.

cheers,
"the public is not yet ready for it" W.D. GANN
  • #4,912
  • Edited 1:36pm May 20, 2024 10:48am | Edited 1:36pm
Quoting mrgummo
{quote} you should try my indicator to get better results { virus risk deleted by staff }
upload pics to FF directly
"the public is not yet ready for it" W.D. GANN
  • #4,913
  • May 20, 2024 10:49am May 20, 2024 10:49am
Not much change today. No big moves either way. Seeing confusion on which way they want to send this thing.
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  • #4,914
  • May 20, 2024 11:20am May 20, 2024 11:20am
DO NOT CLICK ON UNKNOWN LINKS FROM UNKNOWN MEMBERS
"the public is not yet ready for it" W.D. GANN
  • #4,915
  • May 20, 2024 11:45am May 20, 2024 11:45am
78% short on EUR
88% short on GBP

Looking at average short pricing looking like everyone's under pretty bad. Market markers keeping it floating up.
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  • #4,916
  • Edited 1:10pm May 20, 2024 11:46am | Edited 1:10pm
Quoting GOR
{quote} That would be really deep PB, I'm looking more higher for now(short term buy) maybe Asia L- 8616 (my tp1), 8582-8544, if valid,
8582- came back to scalp this KL, risk free,
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'In the clearing stands a boxer And a fighter by his trade..'
  • #4,917
  • May 20, 2024 1:04pm May 20, 2024 1:04pm
Quoting pedro319
Gold 2419 and 2400 for short term bounce.
This is good area to take half profit. 2435.
We watch the charts from every angle so you don't have to!!
  • #4,918
  • May 20, 2024 1:17pm May 20, 2024 1:17pm
Quoting pedro319
{quote} This is good area to take half profit. 2435.
2500 this week?
'In the clearing stands a boxer And a fighter by his trade..'
  • #4,919
  • May 20, 2024 1:26pm May 20, 2024 1:26pm
Quoting stringfx
Here is a 5 minute chart of a good possibility. i will sell for a C wave down with a tight stop loss. sell limit at 2424 , 2431 . Stop loss at 2439 . {image}
Gold update.
The probability of a C wave down has gone down now.
on the 5 minute chart, we never got a 5th wave, if it did, then it was a truncated wave. the only chance of a C wave down is an ending diagonal where the 4th wave has ventured into the 1st wave but it looks remote. so we can conclude this was a 3 wave correction and more upside to follow. will buy on a retrace for 2nd wave to 2426. SL at 2414.
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STING
  • #4,920
  • May 20, 2024 1:34pm May 20, 2024 1:34pm
Overbought in the way...if it happens it will be very slow.

On the M1 next target is 2562, W1 2516 matches D1.
I am slightly inclined towards an abcd retracement before, because of overbought + fib extensions.
I won't sell but expect 38.2 pullback D1.
We watch the charts from every angle so you don't have to!!
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