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Cable Update (GBPUSD)

  • #836,301
  • Aug 26, 2024 4:00am Aug 26, 2024 4:00am
Scalper, Day trader or Swing trader?

The best way to trade boob Boom and Crash is to trade in the direction of the spikes and the drops if you are a scalper or a day trader…
..............but if you are a swing trader, then consider following the trend because these market often time moves in one direction for a long time.

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Scalping is for those who can handle stress, make quick decisions, and act accordingly. Your timeframe influences what trading style is best for you;

For me the best TF for scalping is H4.
BTW. I love scalping.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #836,302
  • Aug 26, 2024 4:55am Aug 26, 2024 4:55am
Quoting Pat Chiko
Scalper, Day trader or Swing trader? The best way to trade boob Boom and Crash is to trade in the direction of the spikes and the drops if you are a scalper or a day trader… ..............but if you are a swing trader, then consider following the trend because these market often time moves in one direction for a long time. {image} Scalping is for those who can handle stress, make quick decisions, and act accordingly. Your timeframe influences what trading style is best for you; For me the best TF for scalping is H4. BTW. I love scalping....
Hi bro, mind i get some US500 swing scalping analysis.
Went short Thursday, now price failed to hold at Supply zone.
Price is now suggesting to go to 5850 range
More time in the market, does not mean you trade better!
  • #836,303
  • Aug 26, 2024 5:32am Aug 26, 2024 5:32am
Quoting Fardeen1209
{quote} Hi bro, mind i get some US500 swing scalping analysis. Went short Thursday, now price failed to hold at Supply zone. Price is now suggesting to go to 5850 range
S&P500

Headline " The S&P 500 rallied after Fed Chair Powell's speech helped solidify September rate cut expectations."


Approaching All-Time Highs: Potential Pullback on the Horizon
The S&P 500 is just 1% away from its all-time high (ATH), and the Nasdaq is around 3% shy of its peak.
As the market edges closer to these significant levels, there is a growing chance of absorption behavior—where sellers step in as buyers push prices higher. This could lead to a pullback, providing an opportunity for investors to reload on their core long positions.

Key Resistance Levels and Market Sentiment
The recent decline in the dollar index and U.S. Treasury yields suggests that the market expects a more dovish stance from the Federal Reserve.
This sentiment aligns with Fed Chair Jerome Powell’s recent comments.
However, there is still uncertainty surrounding the size of a potential rate cut in September.
The market remains cautious, balancing hope with the need for more concrete data.

A Waiting Game for Investors
After a strong performance last Friday, driven by Powell’s indication that rate cuts are on the horizon, the market has adopted a positive outlook.
However, traders are now looking for additional data points—such as upcoming economic reports and earnings releases—to sustain this momentum.
Investors are in a "wait-and-see" mode, poised to either confirm the bullish sentiment or reassess if the data fails to meet expectations.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #836,304
  • Aug 26, 2024 5:44am Aug 26, 2024 5:44am
Quoting Pat Chiko
{quote} S&P500 Headline " The S&P 500 rallied after Fed Chair Powell's speech helped solidify September rate cut expectations." Approaching All-Time Highs: Potential Pullback on the Horizon The S&P 500 is just 1% away from its all-time high (ATH), and the Nasdaq is around 3% shy of its peak. As the market edges closer to these significant levels, there is a growing chance of absorption behavior—where sellers step in as buyers push prices higher. This could lead to a pullback, providing an opportunity for investors to reload on their core long positions....
Thanks for the insight bro.
Even COT report shows interesting changes taking place.
Price keep going up when shorts are getting out at higher prices.

Trading Indices is just a waiting game.
Either we are on the right side, or completely wrong, and need to wait days before getting another trade setup.
More time in the market, does not mean you trade better!
  • #836,305
  • Aug 26, 2024 6:21am Aug 26, 2024 6:21am
Quoting KareemAliFx
Still holding EU shorts almost stopped out from asians high but still alive ! Meanwhile shorted BTC here stop at 65114
account is growing nicely ! still risking a lot per trade about %10 but win rate can handle for now started with 10 bucks 2 weeks ago . Current trades, eu set for BREAKEVEN now andlooking for weekly pivot test and BTC tp target open
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Master your mind. Master Trading.
  • #836,306
  • Aug 26, 2024 6:42am Aug 26, 2024 6:42am
Quoting Pat Chiko
Scalper, Day trader or Swing trader? The best way to trade boob Boom and Crash is to trade in the direction of the spikes and the drops if you are a scalper or a day trader… ..............but if you are a swing trader, then consider following the trend because these market often time moves in one direction for a long time. {image} Scalping is for those who can handle stress, make quick decisions, and act accordingly. Your timeframe influences what trading style is best for you; For me the best TF for scalping is H4. BTW. I love scalping....
You forgot "after it's happened" trader...
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  • #836,307
  • Aug 26, 2024 6:57am Aug 26, 2024 6:57am
[quote=Thtpro;14975091]I posted this on the New Cable thread on Friday Something to be mindful of.......coming soon There has been so far in GBPUSD's history a significant and meaningful DECLINE/Crash/Plunge down into the relevant cycle date There's NO guarantees as too what happens "bounce" wise after the cycle low comes, but you will be able to make money from it to some degree - the more "certain" trades are the ones DOWN into the cycle date {image} As you can see EURUSD is the "twin" and feels the effects too {image}[/quot

sorry but Ii read only today...8 years cycle...you are right...very good and precise

I attach a graph that I created in 2017 with metastock...but a doubt arises in my mind: after so many years of this cycle being visible, I'm afraid that it will suddenly disappear! but as you rightly said, we need to see if at the time of setup it produces an inversion with a pattern
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  • #836,308
  • Aug 26, 2024 7:04am Aug 26, 2024 7:04am
GU: Trading the stop-hunt.

Asia session had completed in a nice controlled range, 1.32094 becoming the point of control.
The first swing low (maroon) was a mild, 15-pip stop hunt outside the range (1.31944). Weak longs stopped out and price continued to dilly-dally in the zone.
Mid-Eurpoe, the market swung another 10-pips to the downside, breaking the perceived intraday 'support' (purple).
Euro-US changeover hasn't occurred yet, but we're wrapping up the session and the dealing desk flashed their equity once again to the downside, this time hitting the 1.31794 zone, completing a 30-pip stop-hunt.

If the market is long, we'll see a swift reversal in price to the upside, now that the dealer has handled accumulated longs during Asia's session, clearing the books and hedging against the 10% that actually understand this. (referencing the 90/90/90 phenomenon/rule)
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Discouragement is the language of the devil. Results over hype.
  • #836,309
  • Aug 26, 2024 8:20am Aug 26, 2024 8:20am
Lovely drop SL secure $30 profit
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Master your mind. Master Trading.
  • #836,310
  • Aug 26, 2024 8:24am Aug 26, 2024 8:24am
EU stepped down nicely but GU has remained stubborn.
  • #836,311
  • Aug 26, 2024 8:48am Aug 26, 2024 8:48am
eur/gbp
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vankiepsauff@gmail
  • #836,312
  • Aug 26, 2024 9:06am Aug 26, 2024 9:06am
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yes yes yes
  • #836,313
  • Aug 26, 2024 9:32am Aug 26, 2024 9:32am
Booked profits now buying
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Master your mind. Master Trading.
  • #836,314
  • Aug 26, 2024 9:33am Aug 26, 2024 9:33am
Slow day but it seems bulls awakening
Insane in the Brain..
  • #836,315
  • Aug 26, 2024 9:35am Aug 26, 2024 9:35am
Quoting genadi
{quote} Sad that you did not buy at 1.2735 and 1.2800 with high leverage. You would have nice profits now.
really considered it tho! too bad
I'm high on trading, cant you tell?
  • #836,316
  • Edited 11:07am Aug 26, 2024 10:27am | Edited 11:07am
Checking now pa ,price not broken eurusd 1149 and hence waiting below this level in testing 1132 limit , better tl 1140
Gbpusd as 3175 correction untouched , so better breaks down it say, tl 3168 to 50 +- to form a base before bounce next
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #836,317
  • Aug 26, 2024 11:20am Aug 26, 2024 11:20am
scam cable
  • #836,318
  • Aug 26, 2024 11:26am Aug 26, 2024 11:26am
Buying gold here at 2508
Master your mind. Master Trading.
  • #836,319
  • Aug 26, 2024 11:45am Aug 26, 2024 11:45am
Come on mister 30,10,10 stochastic
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yes yes yes
  • #836,320
  • Aug 26, 2024 11:59am Aug 26, 2024 11:59am
Quoting KareemAliFx
Buying gold here at 2508
crushed it, Bravo
People don't plan to lose. They lose because they don't plan.
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