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Cable Update (GBPUSD)

  • #837,561
  • Sep 9, 2024 2:13pm Sep 9, 2024 2:13pm
Quoting Pat Chiko
{quote} Waveskie, we've been down this rabbit hole before. Remember that one time Leona told you to ditch me and he’d fix everything with you like some kind of superhero? Yeah, that went so well. And now here you are, liking her Instagram posts again, like we all forgot about that awkward 'let's just be friends' phase. {image} Seriously, Waveskie, it's like you’ve got a fire extinguisher in one hand and gasoline in the other. You’re not planning on reopening her old emotional 'wound-of-doom,' are you? Because that wound comes with baggage—like,...
Can't be you because I am you and you are me, just look at our IP address...
  • #837,562
  • Sep 9, 2024 2:15pm Sep 9, 2024 2:15pm
Quoting Waveskierrob
{quote} ...too many "hindsight" charts being posted is the main problem with this thread, go on Leon post another one of your "after it's happen I'm in profit" charts that we all love to drool over... ps made over a billion pips today
You have not made a dime since 2021. You widely broadcasted your sell signal at 1.197. You are clinging to the hope of price going down and I see and am sure many here have noticed your great desire to see price drop. It isn't going happen in a jiffy. I suggest you take your losses and restart.
Trade to trade another day
  • #837,563
  • Sep 9, 2024 2:21pm Sep 9, 2024 2:21pm
Quoting GODofMC
{quote} i dont have any thats why i asking. But my drawing shpuld be like this. As long as 2508 hold (probably till 2515) i think will test down 2493, 2484. Rought Guess only. I never analize more than $5/50 pips for gold {image}
Thanks.

I post in a bit.
Some traffic jammed in the thread hinder my newbie gold analysis for you
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #837,564
  • Sep 9, 2024 2:27pm Sep 9, 2024 2:27pm
Quoting Wavegarrick
{quote} You have not made a dime since 2021. You widely broadcasted your sell signal at 1.197. You are clinging to the hope of price going down and I see and am sure many here have noticed your great desire to see price drop. It isn't going happen in a jiffy. I suggest you take your losses and restart.
I know Leon, I wish I was more like you .....why does the number 3806 keep popping into my head every time we chat.....
  • #837,565
  • Sep 9, 2024 2:32pm Sep 9, 2024 2:32pm
GOLD


Gold has been trading sideways for weeks now, which is part of a Wave 4 correction, likely within a larger Wave 5. (on weekly)

The key question is whether it will dip further into a deeper correction before resuming its uptrend, or if it will form another lower high, given that we may have already completed three waves down.
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It's possible we could see a higher low, signaling the start of Wave 5.
Looking at the 4-hour chart, a bit confusing.

It resembles a typical Wave A down, followed by three waves up for Wave B, and then a potential downtrend for Wave C.
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If this pattern plays out, we could see a move down to one of the lower fib levels before the uptrend continues into the larger Wave 5.
This scenario seems most likely, especially since this setup appears to be part of a larger corrective Wave B.

On H1, it looks like we might be seeing a continuation to the downside.
It's possible that the correction is complete, and this could be the start of a Wave 3 of Wave C, which would be part of Wave 4 on the higher time frames.
Attached Image (click to enlarge)
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However, based on the other dollar pairs, there's a chance the market might drift higher first, forming a more defined ABC correction—perhaps a Wave 1 and 2—before continuing down for the larger Wave 3.

That said, it's important to remember that to interpret as a Wave B can sometimes turn out to be a continuation of the trend.
The overall trend remains down, especially after the break of structure to the downside, so it's best to primarily focus on shorting opportunities, especially at the end of three-wave pullbacks in these time frames.


NOTE : Not a trade signal
But my newbie analysis.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #837,566
  • Sep 9, 2024 2:34pm Sep 9, 2024 2:34pm
Quoting Pat Chiko
GOLD Gold has been trading sideways for weeks now, which is part of a Wave 4 correction, likely within a larger Wave 5. (on weekly) The key question is whether it will dip further into a deeper correction before resuming its uptrend, or if it will form another lower high, given that we may have already completed three waves down. {image} It's possible we could see a higher low, signaling the start of Wave 5. Looking at the 4-hour chart, a bit confusing. It resembles a typical Wave A down, followed by three waves up for Wave B, and then a potential...
We are not worthy...
  • #837,567
  • Sep 9, 2024 2:41pm Sep 9, 2024 2:41pm
Quoting Pat Chiko
{quote} Waveskie, we've been down this rabbit hole before. Remember that one time Leona told you to ditch me and he’d fix everything with you like some kind of superhero? Yeah, that went so well. And now here you are, liking her Instagram posts again, like we all forgot about that awkward 'let's just be friends' phase. {image} Seriously, Waveskie, it's like you’ve got a fire extinguisher in one hand and gasoline in the other. You’re not planning on reopening her old emotional 'wound-of-doom,' are you? Because that wound comes with baggage—like,...
Hey sickchick. I get your attention once again. Thanks for affording me the opportunity. Your whole mission here has been about degrading me as you have done on loveeveryone's thread. Your desire to destroy me is once again reminiscent of your past history in forex factory and what you gain out of it, I don't know? But it is sick.
I don't give a shit what you do but for some reason you have singled me out in your campaign. Do as you please and I bet you will target the next person that stands out here or as you see it, in your way. You go ahead.
Trade to trade another day
  • #837,568
  • Sep 9, 2024 2:47pm Sep 9, 2024 2:47pm
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Is it a buying point here...???

  • #837,569
  • Sep 9, 2024 2:49pm Sep 9, 2024 2:49pm
Quoting Wavegarrick
{quote} Hey sickchick. I get your attention once again. Thanks for affording me the opportunity. Your whole mission here has been about degrading me as you have done on loveeveryone's thread. Your desire to destroy me is once again reminiscent of your past history in forex factory and what you gain out of it, I don't know? But it is sick. I don't give a shit what you do but for some reason you have singled me out in your campaign. Do as you please and I bet you will target the next person that stands out here or as you see it, in your way. You go...
I love you Leon sooooooo much ...
  • #837,570
  • Sep 9, 2024 2:51pm Sep 9, 2024 2:51pm
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yes yes yes
  • #837,571
  • Sep 9, 2024 2:53pm Sep 9, 2024 2:53pm
Quoting Moty
{image}
Nice the daily is printing real well for the bears
Master your mind. Master Trading.
  • #837,572
  • Sep 9, 2024 3:06pm Sep 9, 2024 3:06pm
before this thread devolves into arguing how about some humor?
Inserted Video



Inserted Video


jabari jones makes the funniest videos

but be warned its got adult language so most of you shouldn't watch LOL
short trump and go long the deepstate
  • #837,573
  • Sep 9, 2024 3:42pm Sep 9, 2024 3:42pm
Eurusd have better signal for more correction for 1009 and 0947. Hence gbpusd likely testing 3043 supposed limit and breaks for mire correction too !
So next day may more interesting !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #837,574
  • Sep 9, 2024 3:57pm Sep 9, 2024 3:57pm
Quoting fontu
May not but may try daily close arounds 3051 , exact should be bullish , may do the same next day also. Still more more go , let's see. While if test limit 3043 {image}
Some serious top and bottom ends today. 131 failed to break likewise with 13070. Tomorrow there is data that in theory should test 131 especially with the UK data. Could be a move to 131 before a drop to below 13070
Insane in the Brain..
  • #837,575
  • Sep 9, 2024 5:29pm Sep 9, 2024 5:29pm
Quoting Pat Chiko
{quote} BTC H4 On H4 the five-wave sequence of Wave C appears to be complete. If that's the case and we get a break of structure to the upside, it will confirm for me that Wave 2 has ended and signal the start of the next uptrend. {image} At that point, will be looking for opportunities to add more long position. However, we need to see a strong, clear break of structure (MSS) to the upside before considering long positions, as there’s always a chance that the market continues to form lower highs and lower lows, as it has been doing. If the market...
This is insane. I took those two exact buy trades that you took. Closed one on almost the same level that you did.
What does it mean? Do I make progress?
  • #837,576
  • Sep 9, 2024 6:12pm Sep 9, 2024 6:12pm
Quoting genadi
{quote} This is insane. I took those two exact buy trades that you took. Closed one on almost the same level that you did. What does it mean? Do I make progress?
That is soooo insane dude.
  • #837,577
  • Sep 9, 2024 7:50pm Sep 9, 2024 7:50pm
GOLD - Sell

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Together we can be strongest
Vantage Return This Month: -97.0%
  • #837,578
  • Sep 9, 2024 7:52pm Sep 9, 2024 7:52pm
Long 1.3060
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #837,579
  • Sep 9, 2024 7:55pm Sep 9, 2024 7:55pm
Quoting F.g
{image} Is it a buying point here...???
Price below of the MA's, only have points for to sell.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #837,580
  • Sep 9, 2024 9:12pm Sep 9, 2024 9:12pm
A pull back close to 3085 to 3100 i expect now
Intraday only.
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