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Cable Update (GBPUSD)

  • #834,901
  • Aug 9, 2024 5:57am Aug 9, 2024 5:57am
Quoting HaLBot
{quote} Yesterday I missed those 50 pips on Cable because I was concentrating on Euro too much and couldn't see a way to buy Cable, sometimes it just happens

I believe that was the impulse at the end of the ABC , hard to get in as you said.
Follow The Markets Structure - Patience and Discipline
  • #834,902
  • Aug 9, 2024 6:14am Aug 9, 2024 6:14am
Quoting HaLBot
{quote} Bit scary seeing price back off like that but I've bought again at 1.2727....could be wrong
it’s near the 12730 support area so it might hold. Could be the pivot to slowly bounce up to 12780 later. For me 12780 is the area I’m fussing about , if we can close near it this week , it opens up the possibility of 128-12830 early next week before the waters get muddy with red sticker data
Insane in the Brain..
  • #834,903
  • Aug 9, 2024 6:22am Aug 9, 2024 6:22am
lets go..
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People don't plan to lose. They lose because they don't plan.
  • #834,904
  • Aug 9, 2024 6:24am Aug 9, 2024 6:24am
Quoting pipfarm
Shorting this GU again and EU Yesterday i fell for the single swing upside as a correction , today it looks more like a up b to the downside with the impulse from C complete and now the break down. {image} The euro made a false break up side then a break down and now an abc correction retest and now down {image}
Made the same mistake on EU again , i just wrote look for the impulse at the end of a correction and beware of upside or downside B waves during the abc correction and guess what Eu has an impulse at the end of abc with the B to the upside - M15 best view
Follow The Markets Structure - Patience and Discipline
  • #834,905
  • Aug 9, 2024 6:37am Aug 9, 2024 6:37am
Quoting Moty
{quote} Yes yes yes Come on {image}
Stubborn mf
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yes yes yes
  • #834,906
  • Aug 9, 2024 6:47am Aug 9, 2024 6:47am
Quoting Moty
{quote} Stubborn mf {image}
Yes yes yes
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yes yes yes
  • #834,907
  • Aug 9, 2024 6:50am Aug 9, 2024 6:50am
Quoting ScalaFX
{quote} watch out with Gold, tensions and techicals saying that Gold will bounce higher, just a tip, be carefull
Just starting the drop. The target is the MA200-Daily.

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Together we can be strongest
Vantage Return This Month: -97.0%
  • #834,908
  • Aug 9, 2024 6:52am Aug 9, 2024 6:52am
Im stuck in a ridiculous trading today.
Should've just focused on Gold or UJ.
GU and EU fck me so hard.

I'm just praying for 1.28 now
Which seems so near yet so far.
Exhausted
  • #834,909
  • Aug 9, 2024 6:56am Aug 9, 2024 6:56am
BE hit, one more time, more size..
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People don't plan to lose. They lose because they don't plan.
  • #834,910
  • Aug 9, 2024 7:01am Aug 9, 2024 7:01am
Quoting Elysion
Im stuck in a ridiculous trading today. Should've just focused on Gold or UJ. GU and EU fck me so hard. I'm just praying for 1.28 now Which seems so near yet so far.

No stress, can you straddle your position in case it heads lower and work your way back to profits??
Don't Leave Money on the Table
  • #834,911
  • Aug 9, 2024 7:03am Aug 9, 2024 7:03am
Quoting pipfarm
Shorting this GU again and EU Yesterday i fell for the single swing upside as a correction , today it looks more like a up b to the downside with the impulse from C complete and now the break down. {image} The euro made a false break up side then a break down and now an abc correction retest and now down {image}
Cancelling this Gu short trade too because the 15 min is showing A with an upside B and the impulse C down too so the previous up swing could continue.

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Follow The Markets Structure - Patience and Discipline
  • #834,912
  • Aug 9, 2024 7:04am Aug 9, 2024 7:04am
Buy GU here at 1.2745
  • #834,913
  • Aug 9, 2024 7:05am Aug 9, 2024 7:05am
Quoting pipfarm
{quote} Cancelling this Gu short trade too because the 15 min is showing A with an upside B and the impulse C down too so the previous up swing could continue. {image}
Same action, but different reason.
  • #834,914
  • Aug 9, 2024 7:09am Aug 9, 2024 7:09am
Quoting pipfarm
{quote} Cancelling this Gu short trade too because the 15 min is showing A with an upside B and the impulse C down too so the previous up swing could continue. {image}

Hats of to you if you can wave count and be successful at it because I can't or don't have the inclination to learn

I use a trading technique developed by Omar Ally known as BBMA which stands for Bolinger Band Moving Average and it suits me. Don't have any illusions it's some sort of holy grail because it does take some effort to master and I'm no master at it yet....
Also use other skills I've picked up over the years...
Don't Leave Money on the Table
  • #834,915
  • Aug 9, 2024 7:14am Aug 9, 2024 7:14am
Quoting ScalaFX
BE hit, one more time, more size.. {image}
half taken now, protected
People don't plan to lose. They lose because they don't plan.
  • #834,916
  • Aug 9, 2024 7:16am Aug 9, 2024 7:16am
Quoting HaLBot
{quote} Hats of to you if you can wave count and be successful at it because I can't or don't have the inclination to learn I use a trading technique developed by Omar Ally known as BBMA which stands for Bolinger Band Moving Average and it suits me. Don't have any illusions it's some sort of holy grail because it does take some effort to master and I'm no master at it yet.... Also use other skills I've picked up over the years...
Never tried BBMA, strictly speaking i do no use wave counting, just looking for corrective waves before entering a trade, trouble is markets are using this weird mechanism called an expanding flat , makes thinks very tricky , i have watched the 1 min charts before and it is a constant. GU and EU both long now the mms have completed the shitty exp flat get their liquidity.
Follow The Markets Structure - Patience and Discipline
  • #834,917
  • Aug 9, 2024 7:17am Aug 9, 2024 7:17am
Quoting genadi
Buy GU here at 1.2745
and now it is going up
  • #834,918
  • Aug 9, 2024 7:18am Aug 9, 2024 7:18am
Quoting pipfarm
{quote} Never tried BBMA, strictly speaking i do no use wave counting, just looking for corrective waves before entering a trade, trouble is markets are using this weird mechanism called an expanding flat , makes thinks very tricky , i have watched the 1 min charts before and it is a constant. GU and EU both long now the mms have completed the shitty exp flat get their liquidity.

Yep I know what you mean, could be just imagining it but the last couple of hours of garbage designed to make you fail at your trading, lots of algos going nuts lol
Don't Leave Money on the Table
  • #834,919
  • Aug 9, 2024 7:18am Aug 9, 2024 7:18am
Quoting ScalaFX
BE hit, one more time, more size.. {image}
wow,
you are very good trader.
I need to learn from you
  • #834,920
  • Aug 9, 2024 7:19am Aug 9, 2024 7:19am
Quoting Wavegarrick
{quote} You are clearly insulting Trumps intelligence. What looks like Photoshop?. Ask and I will try and clarify. {image}
...it's not that hard...
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