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New Cable Thread & Other Pairs

  • #5,281
  • May 27, 2024 10:03am May 27, 2024 10:03am
Guess people think GBP is worth what they are paying for it lol. Waiting for this going on 26 day bullish run to end and for the slaughter of the bulls that are buying now.

I'm actually surprised market makers are letting retail make money off this. Usually they just try and take your money.
  • #5,282
  • May 27, 2024 11:44am May 27, 2024 11:44am
Quoting SmallGains
Guess people think GBP is worth what they are paying for it lol. Waiting for this going on 26 day bullish run to end and for the slaughter of the bulls that are buying now. I'm actually surprised market makers are letting retail make money off this. Usually they just try and take your money.
In this atmosphere I don't think that retail make money, the majority are trying to sell and in the meantime their stops are eaten slowly, when it calms down and there is a good reason for the MM the market will start to go down,
'In the clearing stands a boxer And a fighter by his trade..'
  • #5,283
  • May 27, 2024 11:51am May 27, 2024 11:51am
Quoting GOR
{quote} In this atmosphere I don't think that retail make money, the majority are trying to sell and in the meantime their stops are eaten slowly, when it calms down and there is a good reason for the MM the market will start to go down,
From what I see most people are long...calling out 1.28 plus for a tp. MM seem to be ok with pushing it up to there.
  • #5,284
  • May 27, 2024 12:01pm May 27, 2024 12:01pm
Quoting SmallGains
{quote} From what I see most people are long...calling out 1.28 plus for a tp. MM seem to be ok with pushing it up to there.
That's because indeed most small players are short.
  • #5,285
  • May 27, 2024 12:13pm May 27, 2024 12:13pm
Quoting Mitiblotch
{quote} That's because indeed most small players are short.
so if it goes to 1.28 and everyone shorts it goes higher? thats the theory behind it?
  • #5,286
  • May 27, 2024 12:51pm May 27, 2024 12:51pm
Quoting Kwt4x
TA already showing range at it's lowest with Day squeezing and it's 50% in a sideway. to break then pullback(for entry) will take all day today. trade safe. {image} {image} {image}
so far, GU 25pips from Friday high and 16pips from last week high.

so, it's not a runaway train after all.

it took 6+ hours to make HH from break, asia should be pullback stage until LO, price should be around MA's making HL.

take a deep breathe and let the market do it's job and you just pick your entries and exits.

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cheers,
"the public is not yet ready for it" W.D. GANN
  • #5,287
  • May 27, 2024 4:31pm May 27, 2024 4:31pm
Quoting T721
Oil Gameplan {image}
Oil Update ----- didnt do what i wanted today, ie -- wanted it to take Fridays high then drop so i could buy.

So didnt take the upside move but did get 3 small positions short near highs and leaving to see if it drops to downside target

Posting this so you all understand i dont get every trade right and dont wanna sound like i do.... But what i do have is a shitloada patience so if i miss a move so be it, I aint gonna chase that Fucker ... there will always be another train soon to jump on
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  • #5,288
  • May 27, 2024 10:23pm May 27, 2024 10:23pm
there is no impact sell candle.

all resistances in 30 min / 60 min broken.

i do not see a 4hr resistance either,

why should i short gu ?

Better to keep quiet until I see this.
Intraday only.
  • #5,289
  • May 27, 2024 10:32pm May 27, 2024 10:32pm
Quoting navk
il n'y a aucun impact sur la vente de bougies. toutes les résistances en 30 min / 60 min cassées. je ne vois pas non plus de résistance de 4 heures, pourquoi devrais-je court-circuiter gu ? Mieux vaut se taire jusqu'à ce que je voie ça.
gbpusd Target 1.29
  • #5,290
  • May 28, 2024 12:35am May 28, 2024 12:35am
DXY
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  • #5,291
  • May 28, 2024 12:42am May 28, 2024 12:42am
Quoting minhtri
{quote} {image} {image}
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  • #5,292
  • May 28, 2024 12:50am May 28, 2024 12:50am
Quoting Js3mwtRc
As long as bulls stay above the weekly pivot its ok to buy but these obstacles at the 1 hour chart below need caution. {image}
Bulls did it higher, lets see what happens at 1.0885/95 zone!
Looking for profitable short term trades ...|
  • #5,293
  • May 28, 2024 1:31am May 28, 2024 1:31am
Quoting Js3mwtRc
{quote} Bulls did it higher, lets see what happens at 1.0885/95 zone!
The daily chart shows a very massive H&S pattern of both GU and EU. I need that tap to 2810 and 0900. When it happens I hope it doesn't dump too quickly because these idiots don't want anybody getting the juice. But if it takes its time I'll zip down to the 1minute and get rhe perfect entry for at least 100 pips dump on each pair.
  • #5,294
  • Edited 2:14am May 28, 2024 1:32am | Edited 2:14am
DX approaching a support* zone and my cable weekly chart is about to reach a reverse set up. my shorts start under figure 1.28 targeting 1.2632. longs manually closed @1.2782
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chaos is just unknown order
  • #5,295
  • May 28, 2024 1:34am May 28, 2024 1:34am
Quoting SmallGains
{quote} so if it goes to 1.28 and everyone shorts it goes higher? thats the theory behind it?
Yep, but it also depends on liquidity. If people short and put their stops, say, 300 pips away from 2800 the movers will not and cannot chase it. Price will simply drop to wipe out late longs. It's a complex theory. Only God knows the complete truth about the Market.
  • #5,296
  • May 28, 2024 1:35am May 28, 2024 1:35am
Gold
Should start second leg up to finish retracement soon to 2386 region.

EJ
At second resistance, 170.70

All the others, same.
We watch the charts from every angle so you don't have to!!
  • #5,297
  • May 28, 2024 1:45am May 28, 2024 1:45am
Quoting Luxyus
DX approaching a supply zone and my cable weekly chart is about to reach a reverse set up. my shorts start under figure 1.28 targeting 1.2632. longs manually closed @1.2782 {image}
Demand?
  • #5,298
  • May 28, 2024 1:52am May 28, 2024 1:52am
Quoting minhtri
{quote} {image}
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  • #5,299
  • May 28, 2024 2:02am May 28, 2024 2:02am
Quoting minhtri
{quote} {image}
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  • #5,300
  • May 28, 2024 2:43am May 28, 2024 2:43am
Quoting Mitiblotch
{quote} The daily chart shows a very massive H&S pattern of both GU and EU. I need that tap to 2810 and 0900. When it happens I hope it doesn't dump too quickly because these idiots don't want anybody getting the juice. But if it takes its time I'll zip down to the 1minute and get rhe perfect entry for at least 100 pips dump on each pair.
It might drop fast after news, your fav!
Looking for profitable short term trades ...|
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