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Cable Update (GBPUSD)

  • #832,581
  • Jul 17, 2024 4:11am Jul 17, 2024 4:11am
Quoting Fardeen1209
{quote} 38% is too much. we need a shift in market structure(MSS) on lower timeframe, 15mins and above, this increases the probability for retracement. This way, you dont get caught trying to catch the top. As for the MSS, you just need to make sure whether it is an actual MSS on 15mins/30mins or BO/RT with inducement (on higher timeframe, 1hr/4hr).
Was looking at yesterday low to high and was thinking 38% off that. Todays low didnt reach that.
  • #832,582
  • Jul 17, 2024 4:13am Jul 17, 2024 4:13am
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Started longs in JY

Started shorts in E. and have pending in BP , as shown. We might be NEAR a top.....

  • #832,583
  • Jul 17, 2024 4:15am Jul 17, 2024 4:15am
Quoting JameRomeo168
Retest back to 1.30 then fly to 1.31 is more possible scenario. Trend is your friend
The trend is your friend until it ends and goes round the bend.
  • #832,584
  • Jul 17, 2024 4:18am Jul 17, 2024 4:18am
Quoting Chancy
{quote} The trend is your friend until it ends and goes round the bend.
Okay before it goes around, let me focus on buying to 1.31 first. I don't think my friend will turn around immediately and quickly before giving me the signal
With courage, patience, and discipline, success is a matter of time.
  • #832,585
  • Jul 17, 2024 4:18am Jul 17, 2024 4:18am
Quoting Jackoboms
{quote} You will be back Moty.
i got funded by unexpected source
i will be back tomorrow
yes yes yes
  • #832,586
  • Jul 17, 2024 4:26am Jul 17, 2024 4:26am
... I think the bears are currently in this position, maybe?
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Trader with an Edge.
  • #832,587
  • Jul 17, 2024 4:30am Jul 17, 2024 4:30am
Maybe a bit early to say this but there seems to exhaustion in the move. Maybe a breather before a further move above
Insane in the Brain..
  • #832,588
  • Jul 17, 2024 4:31am Jul 17, 2024 4:31am
Quoting Headland
... I think the bears are currently in this position, maybe? {image}
bloody hope so , can’t see it but a move to 129 would be useful
Insane in the Brain..
  • #832,589
  • Jul 17, 2024 4:34am Jul 17, 2024 4:34am
Quoting BeeTogether
{quote} bloody hope so , can’t see it but a move to 129 would be useful
Hi. I have 15min and 30min on o/b oscillators, as well as dly, but not 1hr as yet. On 4hr there is @ current dly hi some bearish regular div which might stay there a while yet on any higher move up. Good Luck mate.
Trader with an Edge.
  • #832,590
  • Jul 17, 2024 4:37am Jul 17, 2024 4:37am
Quoting Moty
mf !!!!!!!! yesterday when i took short , you ranged {image}
looking for a buy setup for 200 pips, till end of this week
carefull with the sels…
  • #832,591
  • Jul 17, 2024 4:39am Jul 17, 2024 4:39am
Quoting Moty
{quote} i got funded by unexpected source i will be back tomorrow
Oh good
  • #832,592
  • Jul 17, 2024 4:46am Jul 17, 2024 4:46am
Quoting W0lfram
Short @ 1.2972 preliminary 1.282 and 1.268 {image}
+ 1.304
Air force
  • #832,593
  • Jul 17, 2024 4:47am Jul 17, 2024 4:47am
Looking for a nice pull back to 29.90....Will make me happy
average dude treading water
  • #832,594
  • Jul 17, 2024 4:51am Jul 17, 2024 4:51am
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Daily.................. Short at 1.30 41 --- 1.31 40 is not that far away and is certainly a possibility.....

Patience.

  • #832,595
  • Edited 6:06am Jul 17, 2024 4:57am | Edited 6:06am
Little care level 3046 , should not stop any though

Back after lunch ! No signal at 3035/33 for correction , though break out down happen , watching as should not stop before 3132!!

Ok breaks 3035/33, next support 3037/23 . Anyway test 3000 the target up remain intact and in that case may go sleep at no loss 'be '
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #832,596
  • Jul 17, 2024 5:02am Jul 17, 2024 5:02am
For 8.4 pts again
I am ready for tomorrow mf
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yes yes yes
  • #832,597
  • Jul 17, 2024 5:05am Jul 17, 2024 5:05am
For 24 pips
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yes yes yes
  • #832,598
  • Jul 17, 2024 5:15am Jul 17, 2024 5:15am
...bottom of a prev 1hr minor sw lo zone = prev supp = pot sbr reached as well as aforementioned Mthly R3, @ current dly hi. Another prev sw lo above that one - this time a prev 1hr/minor 4hr sw lo zone, with Wkly R1 running thru it, as previously mentioned. The 1st upside b/o of Asian hi, then Y/day's hi, then Last Wk's hi remains true for now as price has reached 129% of 30day adr, and is above Dly R3 @ that current dly hi.

Next potential res on dly and wkly t/f's is the prev sw hi zone that extends up to 3142. Price is already well into the mthly part of that.

1hr then mthly below
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Trader with an Edge.
  • #832,599
  • Jul 17, 2024 5:45am Jul 17, 2024 5:45am
Quoting thevisitor
{quote} head and shoulder? {image} {image}
Hey T.V, congratulations, you nailed it. Here are your flowers (I reckon you'd prefer these kind of flowers)
Nice one, bro
  • #832,600
  • Jul 17, 2024 5:48am Jul 17, 2024 5:48am
Quoting fontu
Little care level 3046 , should not stop any though Back after lunch ! No signal at 3035/33 for correction , though break out down happen , watching as should not stop before 3132!! {image} {image}
Ok
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