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Cable Update (GBPUSD)

  • #836,841
  • Aug 30, 2024 11:44am Aug 30, 2024 11:44am
Quoting navk
{quote} sent again
Would I be able to get a copy of your indi too?
  • #836,842
  • Aug 30, 2024 11:49am Aug 30, 2024 11:49am
Quoting piplow
{quote} Would I be able to get a copy of your indi too?
by week end
Intraday only.
  • #836,843
  • Aug 30, 2024 11:52am Aug 30, 2024 11:52am
Quoting navk
{quote} sent again
Yes received. Thanks so much. Really appreciate...

Have a great weekend
Market Structure is the King.....
  • #836,844
  • Aug 30, 2024 11:53am Aug 30, 2024 11:53am
For monday, retrace maximum to 3160/ 3175
Intraday only.
  • #836,845
  • Aug 30, 2024 11:56am Aug 30, 2024 11:56am
Hit the 20k mark, its Friday damn will have to hold over the weekend
Follow The Markets Structure - Patience and Discipline
  • #836,846
  • Aug 30, 2024 12:00pm Aug 30, 2024 12:00pm
it look more like a buy dip to me


1.33 to 1.35 can be a good sell zone


my stops @ 1.3050
MY OPINION NOT FINANCIAL ADVISE
  • #836,847
  • Aug 30, 2024 12:00pm Aug 30, 2024 12:00pm
buy btcusd 0.03 tp 64250
  • #836,848
  • Aug 30, 2024 12:01pm Aug 30, 2024 12:01pm
Attached Image (click to enlarge)
Click to Enlarge Name: palpite.png Size: 35 KB
Together we can be strongest
Vantage Return This Month: na
  • #836,849
  • Aug 30, 2024 12:06pm Aug 30, 2024 12:06pm
Quoting navk
{quote} by week end
consider me too please thanks
How much you lose when you are wrong?
  • #836,850
  • Aug 30, 2024 12:18pm Aug 30, 2024 12:18pm
Quoting aljOOker
{quote} consider me too please thanks
ok
Intraday only.
  • #836,851
  • Aug 30, 2024 12:23pm Aug 30, 2024 12:23pm
Quoting JackintheBox
1.13169...is only the start. I think they started the selling programms now. Finally, I hope. 1.3120's is their area. The have huge longs left. It's friday and london closes in 2,5 hours. Let's see if they push it up one more time before clearing.
Looks like they folded a lot of longs from last days last hours. The spike in the 1.3160's were last attempt to sneak some poor buyers in. It probably cost money for them to do that but sometimes it is worth. Correction now still not finished. It will be finished around 1.3090's or may be less. I closed my shorts earlier for time reason, not rational but I did not want anymore after almost 8 days of that stupid trade. It was just enough. Made profit but was not that big due to extreme rise before.

USD strengthen now all over the board and is still heavily undervalued, especially against CAD, AUD and NZD. They are not finished to close their positions against the dollar. Will be fun to see what happens on Monday/Tuesday when other big players join the party again. They try now to make it unattractive for the other bigs to short even more but I think they were too greedy this time, it will cost money. That's the problem with paper wins on institutionals. EUR/GBP still has at least 30 pips. So more down on GBP/USD already programmed.

Have a nice weekend and lets hope for more normal behaviour in September again on GBP/USD.
  • #836,852
  • Aug 30, 2024 12:25pm Aug 30, 2024 12:25pm
Quoting pipfarm
Hit the 20k mark, its Friday damn will have to hold over the weekend
Probably you should hold, I closed my ones already. It was enough the last days, I was too annoyed to hold more and may be one more spike up, shorting again, waiting... etc.
I'm still short on more attractive like AUD and especially CAD (So long on USD/CAD). I keep it over weekend. Let's see if they get panic now, than we will even see 1.3080's in the next hour. God, I hope they make a loss on that 600 pip move up after huge paper wins pushing it up and now turning slowly red for them.
  • #836,853
  • Aug 30, 2024 12:33pm Aug 30, 2024 12:33pm
Quoting JackintheBox
{quote} Probably you should hold, I closed my ones already. It was enough the last days, I was too annoyed to hold more and may be one more spike up, shorting again, waiting... etc. I'm still short on more attractive like AUD and especially CAD (So long on USD/CAD). I keep it over weekend. Let's see if they get panic now, than we will even see 1.3080's in the next hour. God, I hope they make a loss on that 600 pip move up after huge paper wins pushing it up and now turning slowly red for them.
Yep, it is one of the hardest things to do in trading when your in such profit, there has to be a balance between fear , greed and being sensible.


Good luck with your trades
Follow The Markets Structure - Patience and Discipline
  • #836,854
  • Aug 30, 2024 12:53pm Aug 30, 2024 12:53pm
Quoting pipfarm
{quote} Yep, it is one of the hardest things to do in trading when your in such profit, there has to be a balance between fear , greed and being sensible. Good luck with your trades
don’t I know it! Been at the getting sweet FA end of it too many times
Insane in the Brain..
  • #836,855
  • Aug 30, 2024 12:54pm Aug 30, 2024 12:54pm
Seems to have either run out of steam or found support here. Need one more push to test the Daily S2 area
Insane in the Brain..
  • #836,856
  • Edited 1:42pm Aug 30, 2024 12:59pm | Edited 1:42pm
Quoting fontu
Likely top failure continue next days , eurusd limits 1049 and 07 susceptible break towards 0950 areas while gbpusd may easily breaks limit 3040 to below 2900 to 2860 as specially gbpusd in ugly random range ups as even the last leg up in the chart ! Let's see {image} {image}
Perfect pa though no time check play today, breaks most important limit eurusd at 1049 , likely continue breaks below 1009.
While gbpusd breaks most and limit 3129 to open test for next support 3074 and majore limit 3041., may next week.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: download - 2024-08-30T215531.883.png Size: 17 KB
Click to Enlarge Name: download - 2024-08-30T222600.289.png Size: 18 KB
Click to Enlarge Name: download - 2024-08-30T223809.576.png Size: 16 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #836,857
  • Aug 30, 2024 2:08pm Aug 30, 2024 2:08pm
Done took profit at 13125 not worth risking the weekend back on Monday hopefully more of a technical day to target 40-80 pips
Insane in the Brain..
  • #836,858
  • Aug 30, 2024 3:24pm Aug 30, 2024 3:24pm
Order for 13140 for a short (old support area) TP still below 131
Insane in the Brain..
  • #836,859
  • Aug 30, 2024 4:25pm Aug 30, 2024 4:25pm
Quoting fontu
{quote} Perfect pa though no time check play today, breaks most important limit eurusd at 1049 , likely continue breaks below 1009. While gbpusd breaks most and limit 3129 to open test for next support 3074 and majore limit 3041., may next week. {image} {image} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: palpite.png Size: 14 KB
Together we can be strongest
Vantage Return This Month: na
  • #836,860
  • Aug 30, 2024 5:35pm Aug 30, 2024 5:35pm
Tweaking my strategy so I can take short trades and also do swing trades almost perfected not worrying about the money just the process money will come
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