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Cable Update (GBPUSD)

  • #836,381
  • Aug 27, 2024 5:11am Aug 27, 2024 5:11am
Quoting Mitiblotch
Went short short 1.3232. TP 1.3060. SL 1.3280.
Doesnt this go against the "Miti-Trend" (MA200 ++ Trendline) ?
in wondering about yourself, you forgot what you came here to be part of
  • #836,382
  • Aug 27, 2024 5:17am Aug 27, 2024 5:17am
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yes yes yes
  • #836,383
  • Aug 27, 2024 5:23am Aug 27, 2024 5:23am
Quoting knkie
{quote} Doesnt this go against the "Miti-Trend" (MA200 ++ Trendline) ?
It does. This trade is simply based on anticipation for next month's pivot which MUST get hit. Wether it takes my SL first or not is another question.
  • #836,384
  • Aug 27, 2024 5:24am Aug 27, 2024 5:24am
Quoting Pat Chiko
{quote} GJ Update scalping position {image} {image}
GJ

add short scalp position

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #836,385
  • Aug 27, 2024 5:27am Aug 27, 2024 5:27am
Quoting Pat Chiko
{quote} GU Update scalping position UK on a bank holiday, there won't be any major updates affecting the Pound Sterling. GBP/USD trading near a two-and-a-half-year high around 1.3200. Focus on the US Durable Goods Orders data for July, set to be released later. This key measure of consumer inflation is expected to show a strong 4% growth after a sharp decline in June. {image}
GU

Update scalping posirtion
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #836,386
  • Aug 27, 2024 5:31am Aug 27, 2024 5:31am
Quoting randu
R2 short, will add when R3
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  • #836,387
  • Aug 27, 2024 5:31am Aug 27, 2024 5:31am
Eu short stop at 1.11790
Master your mind. Master Trading.
  • #836,388
  • Aug 27, 2024 5:36am Aug 27, 2024 5:36am
Closed my GU long at 50 pips! If you compare to my previous posts yesterday, I closed the older trades on the pullback where I entered long in this trade. Closed at+50 pips.
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Discouragement is the language of the devil. Results over hype.
  • #836,389
  • Aug 27, 2024 6:20am Aug 27, 2024 6:20am
Personally i can't see the reversal for shorts, would of at lrsdy expected a break of a swing higher low first, but you never know markets are weird sometimes.
Follow The Markets Structure - Patience and Discipline
  • #836,390
  • Aug 27, 2024 6:23am Aug 27, 2024 6:23am
13220 RBS at the moment. It seems the resistance and support levels are even today 13240 13220 13200 and 13180

could be wrong but we may have seen todays highs alresdy
Insane in the Brain..
  • #836,391
  • Aug 27, 2024 6:29am Aug 27, 2024 6:29am
Quoting pipfarm
Personally i can't see the reversal for shorts, would of at lrsdy expected a break of a swing higher low first, but you never know markets are weird sometimes.
this is smart and the easy option to pick, sideline or long.

we are pigs and we want it all.
  • #836,392
  • Aug 27, 2024 6:31am Aug 27, 2024 6:31am
Quoting pipfarm
Personally i can't see the reversal for shorts, would of at lrsdy expected a break of a swing higher low first, but you never know markets are weird sometimes.
I don’t think we will be shorting unless the data this week brings the pair down below 13100. Which if we look the PA is miles away from happening.
Insane in the Brain..
  • #836,393
  • Aug 27, 2024 6:37am Aug 27, 2024 6:37am
Quoting BeeTogether
{quote} I don’t think we will be shorting unless the data this week brings the pair down below 13100. Which if we look the PA is miles away from happening.
I make it 3179 from 4H last higher low to break down ffor any shorts and that would only be 4H minor trend as the primary trend is up.

2653 would need to break down to change the primary
Follow The Markets Structure - Patience and Discipline
  • #836,394
  • Aug 27, 2024 6:55am Aug 27, 2024 6:55am
Quoting Moty
{image}
Yes yes yes
I told you
You shell not pass 192 mf
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yes yes yes
  • #836,395
  • Aug 27, 2024 6:59am Aug 27, 2024 6:59am
Quoting pipfarm
{quote} I make it 3179 from 4H last higher low to break down ffor any shorts and that would only be 4H minor trend as the primary trend is up. 2653 would need to break down to change the primary
breaking 13180 has been a real tough nut to crack despite a good few attempts over the last 2 days
Insane in the Brain..
  • #836,396
  • Aug 27, 2024 7:06am Aug 27, 2024 7:06am
Come on mister mf
I am hangry
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yes yes yes
  • #836,397
  • Aug 27, 2024 7:11am Aug 27, 2024 7:11am
Quoting BeeTogether
{quote} breaking 13180 has been a real tough nut to crack despite a good few attempts over the last 2 days

3180 was not a higher low until we broke the prior high so there has not been an attempt to break it , 3073 would of been the one to break down


Two swings minimum to make a correction can be any pattern , expanding flat, irregular flat ,regular flat, zigzag, triangle
Follow The Markets Structure - Patience and Discipline
  • #836,398
  • Aug 27, 2024 7:27am Aug 27, 2024 7:27am
London have already made the high by breaking Friday's high which they didn't get a taste of. It will usually be downhill from here till the monthly pivot of September is touched. I see it being slow and steady, no-warning kind of dump. After the pivot gets hit I'll look for buys.
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  • #836,399
  • Aug 27, 2024 7:32am Aug 27, 2024 7:32am
Hold!
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Master your mind. Master Trading.
  • #836,400
  • Edited 7:52am Aug 27, 2024 7:41am | Edited 7:52am
Quoting Moty
Come on mister mf I am hangry {image}
I missed that move its bleeding so bad
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