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New Cable Thread & Other Pairs

  • #5,261
  • May 27, 2024 2:49am May 27, 2024 2:49am
As long as bulls stay above the weekly pivot its ok to buy but these obstacles at the 1 hour chart below need caution.
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Looking for profitable short term trades ...|
  • #5,262
  • May 27, 2024 2:54am May 27, 2024 2:54am
I was expecting EU to give me entry near 1.0820 but it seems it doesn't. Maybe tomorrow, if it doesn't break out today.
  • #5,263
  • May 27, 2024 2:56am May 27, 2024 2:56am
Quoting pedro319
{quote} Smaller market participants find it easier to move the market in days like this due to low liquidity, brokers etc... so I guess what Jade said makes perfect sense. Gold is looking good !
you both making it sound like it's going to be a 200pip Day
we're in a public forum, the majority are beginners.
"the public is not yet ready for it" W.D. GANN
  • #5,264
  • May 27, 2024 3:00am May 27, 2024 3:00am
Quoting Mitiblotch
I was expecting EU to give me entry near 1.0820 but it seems it doesn't. Maybe tomorrow, if it doesn't break out today.
Bull flag breakout in progress, you may trade it after pullback to pattern upper border with a stop below the low before breakout and target 1.0904.
We watch the charts from every angle so you don't have to!!
  • #5,265
  • May 27, 2024 3:03am May 27, 2024 3:03am
Quoting Kwt4x
{quote} you both making it sound like it's going to be a 200pip Day we're in a public forum, the majority are beginners.
I understand your point! Today we may go where we have been trying for weeks with no success.
We watch the charts from every angle so you don't have to!!
  • #5,266
  • May 27, 2024 3:05am May 27, 2024 3:05am
Quoting pedro319
{quote} I understand your point! Today we may go where we have been trying for weeks with no success.
i m waiting GU!! seems like today is the day, i m feeling it! Good job on UC, wasn't 200 pips, were only around 100))))))
...I Bet You Ain't Never Seen A Donkey Fly!
  • #5,267
  • May 27, 2024 3:11am May 27, 2024 3:11am
Quoting dilidanjaro
{quote} i m waiting GU!! seems like today is the day, i m feeling it! Good job on UC, wasn't 200 pips, were only around 100))))))
100 pips in current environment is not bad at all.
GU at those levels it's a blind sell!
We watch the charts from every angle so you don't have to!!
  • #5,268
  • May 27, 2024 3:18am May 27, 2024 3:18am
Quoting pedro319
{quote} 100 pips in current environment is not bad at all. GU at those levels it's a blind sell!
indeed
...I Bet You Ain't Never Seen A Donkey Fly!
  • #5,269
  • May 27, 2024 3:25am May 27, 2024 3:25am
on days when the Anglo-Saxons (both) have a bank holiday, i do not trade m1 or m5.

my experience is simply that certain market participants (my friends from the bank and the MMs) are missing and the movements are therefore different from what i am used to.

risk avoidance in short term trading or scalping is my top priority.
trading is like dancing, don't think and just listen to the music!
  • #5,270
  • May 27, 2024 5:14am May 27, 2024 5:14am
Is this the move we / I anticipated last friday or just another trap under "favorable" circumstances? I cant tell...
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Don't follow my trades. Challenge my Analysis!
  • #5,271
  • May 27, 2024 5:38am May 27, 2024 5:38am
Quoting minhtri
Gold H4 {image} {image}
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  • #5,272
  • May 27, 2024 5:51am May 27, 2024 5:51am
Quoting dilidanjaro
{quote} i m waiting GU!! seems like today is the day, i m feeling it! Good job on UC, wasn't 200 pips, were only around 100))))))
Quoting pedro319
{quote} 100 pips in current environment is not bad at all. GU at those levels it's a blind sell!
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #5,273
  • May 27, 2024 5:54am May 27, 2024 5:54am


Hi mates, just saying a quick hello and sending my warmest wishes to you all.

Making sure Pedro is behaving ..


Cheers everyone, keep on trading YOU and, even more importantly, don't you ever forget to bring your salsa and disco ball in your Trading Room!
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #5,274
  • May 27, 2024 6:11am May 27, 2024 6:11am
It's time for me to buy gold again around here, with same TakeProfit(newHigh), again like here:
Quoting mtako
{quote}Reversing at 2344.3! closing short and opening long ! Go bulls!!!!! Second time the charm? {image}
Quoting mtako
{quote}Cheers GOR ! I'll try, thank you! I Hope you have a great dance with Dixie ! With gold, my shorts are short-term, my longs long-term. I add mainly when <2300, where bears mostly stalled last and when >2350, where bulls started to get stalled, about a month ago. Will only work if bulls are not done with their OctoberToToday superpower
Quoting mtako
... My TP for gold is the New High of all the History of Mankind, and the celebration will be insaneeeee, and I will be dancing the night away with my cane, in a fold of her dress !!!!!! {image}
So, for a second round of buying the daily pullback with simple new high as TP:

buy stop 2350 TP :New High of all the History of Mankind!!,

And boy did I miss them folds , so let's send me that extra luck and give that gold what it takes to continue its uptrend adventure, please ?
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #5,275
  • May 27, 2024 6:35am May 27, 2024 6:35am
cant remember if i posted this chart when gbp/mickeymouse was at 123 but this is the update anyway fwiw and been going quite nicely
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  • #5,276
  • May 27, 2024 6:40am May 27, 2024 6:40am
Quoting Luxyus
cable mitigating cluster around 1.2730 i still see job undone to the upside, holding longs.
Quoting Luxyus
{quote} R/S flip on cluster around 1.2730, still targeting 1.2788
5 days PA struggling but the patience always reward. preparing shorts sub 1.28
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chaos is just unknown order
  • #5,277
  • May 27, 2024 6:43am May 27, 2024 6:43am
Quoting mtako
Hi mates, just saying a quick hello and sending my warmest wishes to you all. Making sure Pedro is behaving .. Cheers everyone, keep on trading YOU and, even more importantly, don't you ever forget to bring your salsa and disco ball in your Trading Room! {image}
Is behaviour it’s ok
Long time no see how are you reversal indicator . Are you giving a signal that EU is going down like Pedro says ?
Scalping
  • #5,278
  • May 27, 2024 6:49am May 27, 2024 6:49am
Quoting T721
EU Gameplan {image}
Mr. T can you tell us how u came up with your target. There is liquidity and resistance around 1.085 area. So how do u determine the final target?
  • #5,279
  • May 27, 2024 6:57am May 27, 2024 6:57am
Quoting minhtri
GU {image}
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  • #5,280
  • May 27, 2024 7:26am May 27, 2024 7:26am
Quoting guguxpto
{quote} Is behaviour it’s ok Long time no see how are you reversal indicator . Are you giving a signal that EU is going down like Pedro says ?
Thanks guguxpto ! Oh, no, no not me not yet. No selling eurusd until there is breakout of this 07-09 ranging, ideally when comes back from above it...

EU, Am taking more TPs from longs because it is taking lots of time... But technically, right now I am 15m to 12H is mostly bullish setups.

Talking of bullish setups, little update for my gbp. I shared here:
Quoting mtako
{quote} Not before I take a piece, Buying here 2526!
Quoting mtako
{quote}{quote}Waiting to see if we can get some Daily 300SMA magic for bulls, similar to 300SMA bear magic 21 days ago ... Now THAT would make me {image}
300SMA magic indeed
Quoting mtako
Quick Jedi Pop by BY your friend for quick hello and update!!{quote}{quote}Adding maybe manyyyyyyy to my GBP!! buy stops 2563 2588 2605 2623 2650 !!! {image}
with chart from here:
Quoting mtako
Just doodling away to push the rainy morning away ... To resist again or not to resist, that is the question To pursue its present course or to not pursue its present course, that is the question Breathe in deep And deeper One step at a time First step: what is happening right now? Second step: ! I'll get to the second step when first step will be done I could never multitask. I think I need another Earl Grey Hope you like...
and same chart now, showing how momentum is just as healthy and building up still. Let's hope it continues this way till the cycle is completed by the bulls just as fast as the bears started it. The cycle in question starts at the highest point of downward trendline, left circle...which is also around where/when all my GBPUSD longs would finally have SLs at break-Even and better. Those seeing nice trades, rest assured that I have a few that have gotten drawdown the size of said cycle also Like many traders, not all my orders get filled from the start or from the best levels. I develop my position little by little, just like a good relationship

P.S don't worry mates, it is the good kind of stress
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
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