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Cable Update (GBPUSD)

  • #830,621
  • Jun 27, 2024 1:43am Jun 27, 2024 1:43am
Quoting fxted
TP at gap. Ready sell at high. {image}
All out. No need to be greedy.

Edit: GU might cause huge up wick on daily before we head down. My opinion only.
  • #830,622
  • Jun 27, 2024 1:50am Jun 27, 2024 1:50am
Quoting DubaiFX
{quote} it was on Fxstreet premium news, my algo search at least 20-30 websites for New analysis News etc, on top is FT.com Bloomberg,com, WSJ.com, tradingeconomics.com fxstreet.com etc. i have few key words, and algorithm chooses the best for me, to read so i dont remember exactly it scans the web every hour for new articles,
so you have subscriptions to all of them, good for you
  • #830,623
  • Jun 27, 2024 1:56am Jun 27, 2024 1:56am
Quoting Whale
{quote} so you have subscriptions to all of them, good for you
well you have to spend money to make money,
nothing is free some free analysis are good but they are way more complicated if you read them carefully they always show both sides,
if this happened gold will go up if that happened then gold may hit 2370,
that is not useful for us to make good enough analysis to make money,
but with paid subscription you get very good analysis,
Don't compare your Trades with Others
  • #830,624
  • Jun 27, 2024 2:01am Jun 27, 2024 2:01am
Quoting navk
This time, I am following NUBE. I am also buying above 1.2610/08 NUBE : Give me a like for following your signal.
Good bounce.

Closed all long trades at daily pivot.

will see reaction during LO
Intraday only.
  • #830,625
  • Jun 27, 2024 2:03am Jun 27, 2024 2:03am
Quoting Moty
turn bullish mf don't keep waiting {image}
for 16/20 pips
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 13 KB
yes yes yes
  • #830,626
  • Jun 27, 2024 2:09am Jun 27, 2024 2:09am
Quoting Moty
{quote} for 16/20 pips {image}
Stop loss size?
Emotional Control. Process, not outcome.
  • #830,627
  • Jun 27, 2024 2:12am Jun 27, 2024 2:12am
Quoting Konichiwhaat
{quote} Stop loss size?
He does not use SL. His main goal is to blow acc as soon as possible )))
  • #830,628
  • Jun 27, 2024 2:17am Jun 27, 2024 2:17am
Quoting Marbas
{quote} He does not use SL. His main goal is to blow acc as soon as possible )))
This is my point, over and over and over again, and he knows this. I do it because I seriously want to see him succeed
Emotional Control. Process, not outcome.
  • #830,629
  • Jun 27, 2024 2:24am Jun 27, 2024 2:24am
Quoting Moty
{quote} for 16/20 pips {image}
sl almost touched
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 11 KB
yes yes yes
  • #830,630
  • Jun 27, 2024 2:24am Jun 27, 2024 2:24am
No explanation needed for this 15 min and 30 min chart
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD.rM15.png Size: 12 KB
Click to Enlarge Name: GBPUSD.rM30.png Size: 12 KB
Intraday only.
  • #830,631
  • Jun 27, 2024 2:42am Jun 27, 2024 2:42am
Quoting DubaiFX
{quote} it was on Fxstreet premium news, my algo search at least 20-30 websites for New analysis News etc, on top is FT.com Bloomberg,com, WSJ.com, tradingeconomics.com fxstreet.com etc. i have few key words, and algorithm chooses the best for me, to read so i dont remember exactly it scans the web every hour for new articles,
You can train a neural network on all the news sources you scrape to predict price movements. It's a lot of fun and very advanced compared to just reading articles yourself. Back in 2010 or so I did a simple spreadsheet, without any neural networks, just to see if there's a correlation between what people were posting on the EUR/USD forum here and EUR/USD price movement, and there was (at least over the period I was looking at)! Imagine if you feed all the data you can into a neural network!
  • #830,632
  • Jun 27, 2024 2:51am Jun 27, 2024 2:51am
Quoting navk
No explanation needed for this 15 min and 30 min chart {image} {image}
in as much as I agree with u, there will be 61% retracement before this uptrend u spoke of. And that will be around 1.2626 before the up trend. If you are already in then you will still have to wait for these pullback before you take your target. I will wait for the pullback and enter at 1.2626. on the hourly chart, there is a railway track formation which agrees with my analysis for a pullback. Enjoy
  • #830,633
  • Jun 27, 2024 2:53am Jun 27, 2024 2:53am
G/M, > 30day adr bearish candle on the dly y/day making 2702 the 2nd LH and there will now be a 2nd LL at y/day's lo or lower, on that t/f. A false 1st break of last wk's lo though. So far today, a false 1st downside break of y/day's lo in early Asian session, then all up, with a false 1st upside break of the Asian hi during early London trading.

Price @ y/day's lo again found support in the wide prev 4hr/dly/minor wkly sw hi zone that starts @ 2634 = prev res = pot rbs.

Dly then 1hr below
Attached Image (click to enlarge)
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Trader with an Edge.
  • #830,634
  • Jun 27, 2024 2:56am Jun 27, 2024 2:56am
Quoting BeeTogether
{quote} looking for liquidity I think. Could also be a bullish day. Hard to say right now
Thats true and with election 7 days away big institutions might be adjusting their positions adding even more noise to the market.
  • #830,635
  • Jun 27, 2024 2:56am Jun 27, 2024 2:56am
posibilities
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People don't plan to lose. They lose because they don't plan.
  • #830,636
  • Jun 27, 2024 3:04am Jun 27, 2024 3:04am
H1 Yesterdays up move looks corrective , short just set up for entry on H1
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 22 KB
Follow The Markets Structure - Patience and Discipline
  • #830,637
  • Jun 27, 2024 3:04am Jun 27, 2024 3:04am
Quoting ScalaFX
posibilities {image}
Good buy level, FL + 0.5% Fib of previous swing.
More time in the market, does not mean you trade better!
  • #830,638
  • Jun 27, 2024 3:05am Jun 27, 2024 3:05am
Quoting ScalaFX
posibilities {image}
Also looking the same. Might shoot up 1.26700 before down. Take care!
  • #830,639
  • Jun 27, 2024 3:06am Jun 27, 2024 3:06am
...today's upside move hit the rocks (for now @ least) @ the 38.2% of current wkly hi-lo move, this in a prev 30min sw hi zone = prev res = pot res. 1hr bearish engulfing resulted.

4hr/1hr, then fibs, below
Attached Image(s) (click to enlarge)
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Trader with an Edge.
  • #830,640
  • Jun 27, 2024 3:11am Jun 27, 2024 3:11am
Quoting fxted
{quote} Also looking the same. Might shoot up 1.26700 before down. Take care!
Bailey can shoot price up, 1,5h to go, then good News from USD can dump price down, thats my scenerio
People don't plan to lose. They lose because they don't plan.
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