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Cable Update (GBPUSD)

  • #837,821
  • Sep 11, 2024 7:17am Sep 11, 2024 7:17am
...there are some fibs left of the y/day lo - current dly hi move, and below y/day's 3049 lo the longer-term fibs are as below.

fibs graphic below
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Trader with an Edge.
  • #837,822
  • Sep 11, 2024 7:24am Sep 11, 2024 7:24am
Come on mister shorti
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yes yes yes
  • #837,823
  • Sep 11, 2024 7:24am Sep 11, 2024 7:24am
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Together we can be strongest
Vantage Return This Month: na
  • #837,824
  • Sep 11, 2024 7:25am Sep 11, 2024 7:25am
Quoting Moty
Come on mister shorti {image}

Just b4 significant news you could wipe out the account
Don't Leave Money on the Table
  • #837,825
  • Sep 11, 2024 7:34am Sep 11, 2024 7:34am
Quoting ScalaFX
{quote} partials taken
closed
People don't plan to lose. They lose because they don't plan.
  • #837,826
  • Sep 11, 2024 7:34am Sep 11, 2024 7:34am
Quoting ChiForex
GU 1.2960s and below, EU 1.0960s and below are imminent.
Just checking if y'all good
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #837,827
  • Sep 11, 2024 7:35am Sep 11, 2024 7:35am
Data a bit more green than expected. Maybe see a move below yesterdays Low soon
Insane in the Brain..
  • #837,828
  • Sep 11, 2024 7:37am Sep 11, 2024 7:37am
Ty mister goldi
Almost stopped out with 30$ loss
But end up profiting 175$
Yes yes yes
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yes yes yes
  • #837,829
  • Sep 11, 2024 7:37am Sep 11, 2024 7:37am
...a downside b/o of the Asian lo on the initial knee-jerk move with buyers met @ the prev 1hr/4hr sw lo zone = pot supp that extends down to y/day's lo / current wkly lo.

How strong are these bears now?

1hr below
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Trader with an Edge.
  • #837,830
  • Sep 11, 2024 7:38am Sep 11, 2024 7:38am
Quoting Yngwie
Sold 1.3095 SL 1.3105 TP 1.3055
hit tp 40p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #837,831
  • Sep 11, 2024 7:38am Sep 11, 2024 7:38am
Mr king USD
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Master your mind. Master Trading.
  • #837,832
  • Sep 11, 2024 7:38am Sep 11, 2024 7:38am
Bounzai
Tp 1.30430
Adr low
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yes yes yes
  • #837,833
  • Sep 11, 2024 7:38am Sep 11, 2024 7:38am
Quoting BeeTogether
Data a bit more green than expected. Maybe see a move below yesterdays Low soon

Going from 0.2 to 0.3 doesn't seem like much but the US economy is huge...
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Don't Leave Money on the Table
  • #837,834
  • Sep 11, 2024 7:39am Sep 11, 2024 7:39am
Quoting Moty
Ty mister goldi Quase parou com a perda de 30$ Mas acabou lucrando 175$ Sim sim sim {image} {image}
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Together we can be strongest
Vantage Return This Month: na
  • #837,835
  • Sep 11, 2024 7:53am Sep 11, 2024 7:53am
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Together we can be strongest
Vantage Return This Month: na
  • #837,836
  • Sep 11, 2024 7:54am Sep 11, 2024 7:54am
Eurusd breaks down 1009 limit , so likely continue down for next limit 0949. If so gu may to breaks limit 3043 soon! Take care
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #837,837
  • Sep 11, 2024 7:55am Sep 11, 2024 7:55am
Quoting pipfarm
GBPUSD We move into 4H for correction via the 3 swings on H1 , so now looking for an entry short , this one if right should be a better move than yesterday.
And there we have it , GBPUSD 4H correction via the 3 swings on H1 same as EURUSD with GPBUSD i had an earlier short @3082 but for some reason i changed my mind and closed.

Managed an entry short on EURUSD AND NZDCAD

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Follow The Markets Structure - Patience and Discipline
  • #837,838
  • Sep 11, 2024 7:56am Sep 11, 2024 7:56am
Big boys try to absorp the immense buying pressure on USD currently (so GBP/USD they try to keep up, not moving down more). Problem for them is the carry trades today. USD has to be pushed down or it gets even more expensive for their shorts tomorrow. BOJ also trying to do their best to keep the USD/JPY down. At 142.55 we saw intervention in my opinion.

Expect stronger GBP/USD next minutes/hour at least, they need higher quotes.
  • #837,839
  • Edited 8:34am Sep 11, 2024 8:01am | Edited 8:34am
I know many people are attempting buys. Smh. 3020 and then 3000 will happen.
  • #837,840
  • Sep 11, 2024 8:03am Sep 11, 2024 8:03am
Drop mf drop
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yes yes yes
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