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Cable Update (GBPUSD)

  • #835,961
  • Aug 22, 2024 1:34am Aug 22, 2024 1:34am
Quoting ScalaFX
{quote} shit, but nice data and gbp week? Or dollar strenghten
It was not a big miss
  • #835,962
  • Aug 22, 2024 1:36am Aug 22, 2024 1:36am
Quoting Jackoboms
{quote} It was not a big miss
lets wait for h1 and h4 close, we can see more
People don't plan to lose. They lose because they don't plan.
  • #835,963
  • Aug 22, 2024 1:39am Aug 22, 2024 1:39am
Quoting ScalaFX
shorting S&P500 5602 stop above todays high
add 5627.60 stop for all 5664
People don't plan to lose. They lose because they don't plan.
  • #835,964
  • Aug 22, 2024 1:39am Aug 22, 2024 1:39am
Quoting BeeTogether
on DailyFX this is a yellow sticker event so not surprised at the initial small spike. The data is green so we may see a retest of 13120 and a chance to go long over 13150
double green result. easy to break 3120
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #835,965
  • Aug 22, 2024 1:41am Aug 22, 2024 1:41am
Quoting donfriday
today or tomorrow first red day 1hr three drive parttern pending short 1.3120 RR 1:3

triggered
1.3154 sl
MY OPINION NOT FINANCIAL ADVISE
  • #835,966
  • Aug 22, 2024 1:43am Aug 22, 2024 1:43am
Quoting donfriday
{quote} triggered 1.3254 sl
target?
Eu and GU must drop 100-200 pips before continue
People don't plan to lose. They lose because they don't plan.
  • #835,967
  • Aug 22, 2024 1:43am Aug 22, 2024 1:43am
Quoting ScalaFX
{quote} target?
sl 1.3154
1.30181
MY OPINION NOT FINANCIAL ADVISE
  • #835,968
  • Aug 22, 2024 1:50am Aug 22, 2024 1:50am
Quoting eyefeelsix
{quote} asian sessions, current-short -11p risk for +5R {image}

clearly to see for the fifth, sl broken on fourth wave, re-entry short atm

Attached Image (click to enlarge)
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https://breakpullback.com
  • #835,969
  • Aug 22, 2024 1:52am Aug 22, 2024 1:52am
Quoting Waveskierrob
{quote} How many exactly?
I dont know. I was stopped out.
  • #835,970
  • Aug 22, 2024 1:57am Aug 22, 2024 1:57am
Quoting ScalaFX
{quote} target? Eu and GU must drop 100-200 pips before continue
we've been saying that since 127 broke. With the UK looking a bit stronger economy than the US at the moment this is why we are in a bullish phase. I have a short at 13075 which is way under however if the US data is as forecasted or green I may see B/E, on the flip side a small correction can help fuel the rockets. A move towards 13030 might be the max we see if it does drop
Insane in the Brain..
  • #835,971
  • Aug 22, 2024 2:05am Aug 22, 2024 2:05am
Quoting BeeTogether
{quote} we've been saying that since 127 broke. With the UK looking a bit stronger economy than the US at the moment this is why we are in a bullish phase. I have a short at 13075 which is way under however if the US data is as forecasted or green I may see B/E, on the flip side a small correction can help fuel the rockets. A move towards 13030 might be the max we see if it does drop
A drop to 1.3050 could be a decent place to go long.
With courage, patience, and discipline, success is a matter of time.
  • #835,972
  • Aug 22, 2024 2:14am Aug 22, 2024 2:14am
Quoting JameRomeo168
{quote} A drop to 1.3050 could be a decent place to go long.
it is, however the move will need a trigger
Insane in the Brain..
  • #835,973
  • Aug 22, 2024 2:16am Aug 22, 2024 2:16am
quick sales @1.31130 targeting 1.30700 sl 15pips
Keep the Lights on then you can catch the rise from the dark.
  • #835,974
  • Aug 22, 2024 2:32am Aug 22, 2024 2:32am
Quoting BeeTogether
{quote} it is, however the move will need a trigger
Today US news could be the trigger and I don't trust at 1.308 recent low as well, looks so weak to hold.

If market drop to to 1.3050 and got rejected there, I will go long and aim for last year high, but that expectation does not look too high for me.
With courage, patience, and discipline, success is a matter of time.
  • #835,975
  • Aug 22, 2024 2:38am Aug 22, 2024 2:38am
Quoting ScalaFX
{quote} uploading to full positions at 1145
only 1150 protected last, rest closed, if broken I will be selling from 1170-80
People don't plan to lose. They lose because they don't plan.
  • #835,976
  • Aug 22, 2024 2:39am Aug 22, 2024 2:39am
Give me more mf
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yes yes yes
  • #835,977
  • Aug 22, 2024 2:40am Aug 22, 2024 2:40am
Nice little trade on EURGBP

this is my the way i set my screens up , 3 charts for every pair D1/ H4/H1 sometimes i will drop H1 down to M15 depending on what type of signal i am trading.

You will see once again the market is making these expanding flat corrections ( this is the same as wykoff pattern with expansion) and irregular flat corrections, is it coincidence or are they MMs patterns.

Attached Image (click to enlarge)
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Follow The Markets Structure - Patience and Discipline
  • #835,978
  • Aug 22, 2024 2:48am Aug 22, 2024 2:48am
Quoting pipfarm
Nice little trade on EURGBP this is my the way i set my screens up , 3 charts for every pair D1/ H4/H1 sometimes i will drop H1 down to M15 depending on what type of signal i am trading. You will see once again the market is making these expanding flat corrections ( this is the same as wykoff pattern with expansiong) and irregular flat corrections, is it coincidence are they MMs patterns. {image}

nice one mate!
Insane in the Brain..
  • #835,979
  • Edited 3:06am Aug 22, 2024 2:51am | Edited 3:06am
G/M, 5th consecutive bullish dly candle, y/day making it 10 out of 11 in the steep rise up from 2665. So far today - the 3rd consecutive day that a new current yrly hi has been achieved. Price again challenging the dly part now of the prev 4hr/ dly/wkly/mthly sw hi zone = pot res that leads up to last year's 3142 hi. 4hr part starts circa 3129.

Dly below
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Trader with an Edge.
  • #835,980
  • Edited 3:51am Aug 22, 2024 2:57am | Edited 3:51am
...better than forecast uk data earlier today has given the pairing a boost.

69% short re TE's on this site now. The 'mean reversion/what goes up must come down' gang are out in force!

4hr below
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Trader with an Edge.
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