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Cable Update (GBPUSD)

  • #837,181
  • Sep 5, 2024 6:51am Sep 5, 2024 6:51am
Quoting ScalaFX
{quote} widen my SL to 3220 for news, target will be 3050 hope for 100 pip move down, if not
that big move could be tomorrow with NFP
Insane in the Brain..
  • #837,182
  • Sep 5, 2024 6:58am Sep 5, 2024 6:58am
...maybe some tight stops triggered just above the old current dly hi,? as new one made (and supply met) - a couple of pips above it @ those fibs @ top of that prev 1hr/minor 4hr sw hi zone = pot res that extends up to y/day's / current wkly hi.

U.s ADP data to come

1hr below
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Trader with an Edge.
  • #837,183
  • Edited 7:24am Sep 5, 2024 7:11am | Edited 7:24am
Quoting Headland
{quote} Hi, interesting but the 2 instances are not the same. The one on the left was where price respected that prev swing lo as potential sbr and sold down from it after testing it from the underside. The one on the right did not and in fact disrespected the prev swing lo twice to form prev swing hi's (as circled on my 4hr chart below,) as it rose above it from the underside to form those swing hi's. Ie it did not act as sbr twice - will it do so if tested again? Well a lot of that re probability depends on when in the future but the fact it hasn't...

The one to the left broke the swing higher low then made an abc correction (irregular flat) and retested

The one to the right broke the swing higher low then has made what i presume to be an abc correction (expanding flat) and is retesting the broken higher low as we speak.

So infact they are the same, i was going to add the price can retest as high as the last but one higher high because that would be where RBS
Follow The Markets Structure - Patience and Discipline
  • #837,184
  • Sep 5, 2024 7:13am Sep 5, 2024 7:13am
For 10 pips
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yes yes yes
  • #837,185
  • Sep 5, 2024 7:16am Sep 5, 2024 7:16am
Quoting Moty
For 10 pips {image}
Book it
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yes yes yes
  • #837,186
  • Sep 5, 2024 7:36am Sep 5, 2024 7:36am
Quoting Yngwie
Sold 1.3167
this one hit BE. Stupid dollar news
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #837,187
  • Sep 5, 2024 7:36am Sep 5, 2024 7:36am
Dilema
Moving sl to be on the 20/40
Profit stands on 37 pips with the mini trades
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yes yes yes
  • #837,188
  • Sep 5, 2024 7:37am Sep 5, 2024 7:37am
5 up on H1 for h4 swing up
Follow The Markets Structure - Patience and Discipline
  • #837,189
  • Sep 5, 2024 7:39am Sep 5, 2024 7:39am
Finally AUDNZD we have some traction to the downside

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Follow The Markets Structure - Patience and Discipline
  • #837,190
  • Sep 5, 2024 7:54am Sep 5, 2024 7:54am
Took short at 13160, 13170 didn’t sustain
Insane in the Brain..
  • #837,191
  • Sep 5, 2024 7:56am Sep 5, 2024 7:56am
Quoting BeeTogether
Took short at 13160, 13170 didn’t sustain

Nice, i hope it works out , what is everyone else doing , no point in posting after the move , lets hear your opinions and trades
Follow The Markets Structure - Patience and Discipline
  • #837,192
  • Sep 5, 2024 7:58am Sep 5, 2024 7:58am
Quoting pipfarm
{quote} Nice, i hope it works out , what is everyone else doing , no point in posting after the move , lets hear your opinions and trades
cheers bud, are you still not trading cable?

maybe NFP can take us down 13050
Insane in the Brain..
  • #837,193
  • Sep 5, 2024 8:03am Sep 5, 2024 8:03am
For 19 and 40 pips
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yes yes yes
  • #837,194
  • Sep 5, 2024 8:06am Sep 5, 2024 8:06am
Quoting BeeTogether
{quote} cheers bud, are you still not trading cable? maybe NFP can take us down 13050
Nope but there is huge rejection candle on H1 GU and EU as soon as H1 starts to swing trend down i will make a decision but like i said these correction in Gu can be a mess.
Follow The Markets Structure - Patience and Discipline
  • #837,195
  • Sep 5, 2024 8:17am Sep 5, 2024 8:17am
Quoting Pat Chiko
{quote} EU Post JOLTS now focusing on Friday NFP, Here's sketch of price movement for Thursday and NFP Friday. Thursday may see build up to liquidity zone for Friday NFP dump NOTE : Price doesn't move in straight lines like the drawing, there is many sub waves in between. Maybe , if I got time, can share details of waves. This is possible if we got luck in the upcoming trades. This is not trade signal, as I'm only newbie, not professional trader. My analysis normally ended up the opposite of market movement. You've been warned. {image}
EU

Update scalping position
Target 50% hit now on pull back before continue to EW"C" for final correction prior to NFP tomorrow.
Minor correction to go higher
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #837,196
  • Sep 5, 2024 8:21am Sep 5, 2024 8:21am
Quoting Pat Chiko
{quote} GU Post JOLTS now focusing on Friday NFP, Here's sketch of price movement for Thursday and NFP Friday. Thursday may see build up to liquidity zone for Friday NFP dump NOTE : Price doesn't move in straight lines like the drawing, there is many sub waves in between. Maybe , if I got time, can share details of waves. This is possible if we got luck in the upcoming trades. This is not trade signal, as I'm only newbie, not professional trader. My analysis normally ended up the opposite of market movement. You've been warned. {image} Any comment...

GU

minor correction before continue up to EW C for Friday NFP dumping,
Target met and price finally hit 1.31800 marker.
Up still on until reaches the fib.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #837,197
  • Sep 5, 2024 8:24am Sep 5, 2024 8:24am
Might have jumped in too quickly with the short.. let’s see
Insane in the Brain..
  • #837,198
  • Sep 5, 2024 8:26am Sep 5, 2024 8:26am
Quoting Pat Chiko
{quote} GJ ABC {image}
GJ

We have reached the EX "C of B" and ready to pump up.
Target to C
Before making attemp for reversal trades, please observe the structure.
Below is H1 chart for reverence
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #837,199
  • Sep 5, 2024 8:33am Sep 5, 2024 8:33am
Final push to deliver NFP baby tomorrow.























Bull position holder ready to post hindsight chart soon.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #837,200
  • Sep 5, 2024 8:36am Sep 5, 2024 8:36am
Meanwhile lets listen to Squiggle one

Inserted Video
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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