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Cable Update (GBPUSD)

  • #836,801
  • Aug 30, 2024 8:31am Aug 30, 2024 8:31am
Quoting Konichiwhaat
{quote} The shoulder of the mega head and shoulder at a super level... plus close to the weekend. Over stretched. Hope you are onboard. I am currently trailing manually from 3221
Closed +80 pips. Have a great weekend
Emotional Control. Process, not outcome.
  • #836,802
  • Aug 30, 2024 8:32am Aug 30, 2024 8:32am
Target 3064 for Gu short which is just above the top of the previous H4 high
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 29 KB
Follow The Markets Structure - Patience and Discipline
  • #836,803
  • Aug 30, 2024 8:33am Aug 30, 2024 8:33am
SL set at b/e 13155 data in 30 mins if green we could see 13120 or below
Insane in the Brain..
  • #836,804
  • Aug 30, 2024 8:35am Aug 30, 2024 8:35am
Quoting pipfarm
Target 3064 for Gu short which is just above the top of the previous H4 high {image}
Good area! 13080 was the bounce up area after the last move in that area. A short to there would
be very useful
Insane in the Brain..
  • #836,805
  • Aug 30, 2024 8:40am Aug 30, 2024 8:40am
Quoting BeeTogether
{quote} Good area! 13080 was the bounce up area after the last move in that area. A short to there would be very useful

Hopefully , i know navk was talking about a 500 pip drop but i think that is a bit ambitious at the moment.


Good luck
Follow The Markets Structure - Patience and Discipline
  • #836,806
  • Aug 30, 2024 8:44am Aug 30, 2024 8:44am
Quoting pipfarm
{quote} Hopefully , i know navk was talking about a 500 pip drop but i think that is a bit ambitious at the moment. Good luck
3064 be a sweet spot actually for near term. Potential move from there to tease 131 etc real zig zag movement.
Insane in the Brain..
  • #836,807
  • Aug 30, 2024 8:44am Aug 30, 2024 8:44am
Quoting BeeTogether
Let’s see if these numbers can push the pair down. They do look quite mixed

With US data coming up even if it is negative US dollar, being end of the week, end of the month and US Labour day Monday any pump might be short lived
Don't Leave Money on the Table
  • #836,808
  • Aug 30, 2024 8:50am Aug 30, 2024 8:50am
Gold long
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2024-08-30-19-15-54-81_47156649b070b5878ed30c05d64ec18b.jpg Size: 321 KB
  • #836,809
  • Aug 30, 2024 8:52am Aug 30, 2024 8:52am
Quoting BeeTogether
{quote} 3064 be a sweet spot actually for near term. Potential move from there to tease 131 etc real zig zag movement.

Sounds good, from the weekly id say we are still in a very strong impulse move up , there is potentially one more nice move up to come.
Follow The Markets Structure - Patience and Discipline
  • #836,810
  • Aug 30, 2024 8:59am Aug 30, 2024 8:59am
Quoting ChiForex
EU looking at 1.1060s and GU at 1.3090s then 1.3050s Bears need a weekly and monthly close the lower the better from there... And will always be the number 1 safe heaven
Back to my words...wait for the closing...
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #836,811
  • Aug 30, 2024 9:01am Aug 30, 2024 9:01am
Quoting pipfarm
That b wave seemed a bit short to me but hey that is trading, fortunately i got the short but it is dragging GY down and i have a usdjpy long , all in been to 8k profit and now down to 6k {image}
Is that propfirm or cfd broker?
Cause if that a broker, i suggest you find another one who provide a real account with real contract size. Cause deez cunts are banking on commission.
More time in the market, does not mean you trade better!
  • #836,812
  • Aug 30, 2024 9:02am Aug 30, 2024 9:02am
A slight miss but better than last months

13140 still in support despite an overshoot earlier

let’s see if we can get below 13120 by COB
Insane in the Brain..
  • #836,813
  • Aug 30, 2024 9:08am Aug 30, 2024 9:08am
Quoting BeeTogether
{quote} Good area! 13080 was the bounce up area after the last move in that area. A short to there would be very useful


liquidated buyer 1.3075..

very possible
MY OPINION NOT FINANCIAL ADVISE
  • #836,814
  • Aug 30, 2024 9:16am Aug 30, 2024 9:16am
Quoting donfriday
{quote} liquidated buyer 1.3075.. very possible
maybe by early next week
Insane in the Brain..
  • #836,815
  • Aug 30, 2024 9:20am Aug 30, 2024 9:20am
Quoting BeeTogether
5 mins till the lotto games begin…
you must be a nigerian or you have lived among us before
  • #836,816
  • Aug 30, 2024 9:40am Aug 30, 2024 9:40am
Quoting beejay
{quote} you must be a nigerian or you have lived among us before
lol not Nigerian but I have many friends
Insane in the Brain..
  • #836,817
  • Aug 30, 2024 9:41am Aug 30, 2024 9:41am
SL hit at b/e kicked off long trade at same looking for a slight retrace maybe 13180

damn hit SL ( tight)

im quite crap at the few pip swing trades.. right short once again at 13155 SL will be b/e once below 13145
Insane in the Brain..
  • #836,818
  • Aug 30, 2024 9:55am Aug 30, 2024 9:55am
first short target 1.31
will sell on retrace
  • #836,819
  • Aug 30, 2024 10:00am Aug 30, 2024 10:00am
Quoting thevisitor
first short target 1.31 will sell on retrace
“could” happen today 131 be a good place to end the week
Insane in the Brain..
  • #836,820
  • Aug 30, 2024 10:03am Aug 30, 2024 10:03am
Quoting BeeTogether
{quote} “could” happen today 131 be a good place to end the week
i'm sure...
big selling pressure
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