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Cable Update (GBPUSD)

  • #837,041
  • Sep 4, 2024 1:07am Sep 4, 2024 1:07am
I’m still short on EURUSD… I hope we get lucky
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  • #837,042
  • Sep 4, 2024 1:23am Sep 4, 2024 1:23am
No real retrace from GU overnight will look to go short during LO
Insane in the Brain..
  • #837,043
  • Edited 2:01am Sep 4, 2024 1:23am | Edited 2:01am
so far 3043 limit intact while minimum correct last leg up to 3075 untouched also ! so still correction just breaks 3075 may ok to bounce strong again ! and this 3075 may not necessary in this one leg down , can be 2 legs too and price in a demand zone over the limit, so a base formation as in a last leg sown to bounce possible . so risky areas presently ! take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #837,044
  • Sep 4, 2024 1:38am Sep 4, 2024 1:38am
GU is very similar to EU… I’m seeing a bearish move today. Let’s hope
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  • #837,045
  • Sep 4, 2024 1:55am Sep 4, 2024 1:55am
20/40 pips r/r trade
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yes yes yes
  • #837,046
  • Edited 2:24am Sep 4, 2024 2:04am | Edited 2:24am
Quoting BeeTogether
No real retrace from GU overnight will look to go short during LO
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yes yes yes
  • #837,047
  • Sep 4, 2024 2:29am Sep 4, 2024 2:29am
Quoting Pat Chiko
{quote} GU Scalping LONG{image}
GU

looking at structure play.
two option and paying attention to those level.

Trade Safe.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #837,048
  • Sep 4, 2024 2:34am Sep 4, 2024 2:34am
Quoting knkie
{quote} finally just a bit concerned about level 3109 on the Day chart as support
Day Price closed above this level yesterday.
Could go up again as a reaction, or it will finally break thru today.
in wondering about yourself, you forgot what you came here to be part of
  • #837,049
  • Sep 4, 2024 2:39am Sep 4, 2024 2:39am
Quoting Pat Chiko
{quote} EU Cover the short LONG scalp Hope to get some luck for the trades.{image}
EU

Completed EW "A" , may be going for 3 waves up to "B"
(Buy limit was idle as its placed at NY Closed.)
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Quoting BigNumbers
GU is very similar to EU… I’m seeing a bearish move today. Let’s hope {image}
Thanks for sharing your view.
The above is only my newbie view.
Please, feel free to correct me, as I'm always on the wrong side of the market.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #837,050
  • Sep 4, 2024 2:42am Sep 4, 2024 2:42am
Quoting knkie
{quote} Day Price closed above this level yesterday. Could go up again as a reaction, or it will finally break thru today.
scalping long from 3116 to weekly level 3130
in wondering about yourself, you forgot what you came here to be part of
  • #837,051
  • Sep 4, 2024 3:08am Sep 4, 2024 3:08am
Quoting Pat Chiko
{quote} EU Completed EW "A" , may be going for 3 waves up to "B" (Buy limit was idle as its placed at NY Closed.) {image} {quote} Thanks for sharing your view. The above is only my newbie view. Please, feel free to correct me, as I'm always on the wrong side of the market.
Like I said earlier, The Elliot Wave strategy look very strange to me, I don’t know it.

my chart is very simple, you can see the label.. The range, resistance and support.

My rule is simple, when price break below the SUPPORT and return to the mean of the SUPPORT, I’ll take a SELL, and when price break above the RESISTANCE and return to the mean of the RESISTANCE I’ll take a BUY.
I always make sure I don’t BUY below the RANGE or SELL above the RANGE

The strategy is very complex as it takes into cognizance liquidity and volume but in representation it look very simple.
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  • #837,052
  • Sep 4, 2024 3:14am Sep 4, 2024 3:14am
Quoting Pat Chiko
{quote} GOLD it is 3-3-5 pattern {image}
GOLD

Maintaining 3-3-5 flat pattern.
Coming to EW 5 correction.

Watching the fib level for bounce
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #837,053
  • Sep 4, 2024 3:18am Sep 4, 2024 3:18am
Quoting Pat Chiko
{quote} EU Completed EW "A" , may be going for 3 waves up to "B" (Buy limit was idle as its placed at NY Closed.) {image} {quote} Thanks for sharing your view. The above is only my newbie view. Please, feel free to correct me, as I'm always on the wrong side of the market.

The area you labeled B is the RANGE ZONE on my chart, and price is almost trading below the SUPPORT ZONE which is just above the RANGE ZONE.

If my stop is taken then I’ll go with you on BUY but I’m always afraid to buy below the RANGE according to my strategy.

I’m also a newbie, we never stop learning
My telegram: https://t.me/avidforex
  • #837,054
  • Sep 4, 2024 3:26am Sep 4, 2024 3:26am
Looking for shorts @1.31286 until 5 am NY, if it does not hit, im looking again at 7am NY.
  • #837,055
  • Sep 4, 2024 3:35am Sep 4, 2024 3:35am
GU boosted by some decent UK data maybe 13140–50 before US data sends this thing down. What is interesting is that bad US data is also sending the pair down out of fear of a recession!
Insane in the Brain..
  • #837,056
  • Edited 3:57am Sep 4, 2024 3:42am | Edited 3:57am
G/M, bearish-bodied hammer on the dly y/day, (another < 30day adr candle,) the lo of which is @ 38.2% of the 2798-3266 move, a HL - HH move on the dly t/f. So far today - a couple of tests on the Asian lo which held as pot supp, then a 1st upside b/o of Asian hi as Asia/early London sessions make no attempt to get south of y/day's / the current wkly lo . Asian lo is presently current dly lo.

...4hr presently still in a downtrend.

1hr then 4hr below
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Trader with an Edge.
  • #837,057
  • Sep 4, 2024 3:57am Sep 4, 2024 3:57am
Quoting Pat Chiko
{quote} GOLD Maintaining 3-3-5 flat pattern. Coming to EW 5 correction. Watching the fib level for bounce{image}
Almost reached the promised land Pat
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Don't Leave Money on the Table
  • #837,058
  • Sep 4, 2024 4:01am Sep 4, 2024 4:01am
Quoting BeeTogether
GU boosted by some decent UK data maybe 13140–50 before US data sends this thing down. What is interesting is that bad US data is also sending the pair down out of fear of a recession!

Good data having opposite effect atm


This is what's known as a lacklustre session at the moment.....yawn
Don't Leave Money on the Table
  • #837,059
  • Sep 4, 2024 4:05am Sep 4, 2024 4:05am
Gone short 13119
Insane in the Brain..
  • #837,060
  • Sep 4, 2024 4:09am Sep 4, 2024 4:09am
Quoting palpite
Gold - Sell {image}
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