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Cable Update (GBPUSD)

  • #837,941
  • Sep 12, 2024 7:07am Sep 12, 2024 7:07am
Yesterdays price action was great and the day before too
Don't Leave Money on the Table
  • #837,942
  • Sep 12, 2024 7:07am Sep 12, 2024 7:07am
Hello all just woke up for the news currently in no positions waiting at the sidelines
Master your mind. Master Trading.
  • #837,943
  • Sep 12, 2024 7:18am Sep 12, 2024 7:18am
Quoting HaLBot
Yesterdays price action was great and the day before too
yup today didly squat
Insane in the Brain..
  • #837,944
  • Sep 12, 2024 7:19am Sep 12, 2024 7:19am
Come on mister mf
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yes yes yes
  • #837,945
  • Sep 12, 2024 7:24am Sep 12, 2024 7:24am
... 1hr prev sw lo zone = pot supp , 38.2% fib, and 1hr asc t/line (bottom of 1hr rising wedge,) holding price up right now @ current p/back lo of the day's current main up move.

Upcoming U.s data might change all this, or indeed add to it?

1hr below
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Trader with an Edge.
  • #837,946
  • Sep 12, 2024 7:31am Sep 12, 2024 7:31am
US data pretty green maybe good to go 130-12970
Insane in the Brain..
  • #837,947
  • Sep 12, 2024 7:35am Sep 12, 2024 7:35am
Muted reaction to news so far , ecb still carrying out meeting . Looking for price to reach this area on my chart for selling orders
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Master your mind. Master Trading.
  • #837,948
  • Sep 12, 2024 7:36am Sep 12, 2024 7:36am
Stubborn mf
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yes yes yes
  • #837,949
  • Sep 12, 2024 7:41am Sep 12, 2024 7:41am
Next trade for this week XAUUSD BUYS.

Was very unfortunate but yesterday had an emergency to deal with 30 mins prior to CPI and took all day to sort out. Was really looking forward to scalping opps but wasn't written for me to trade unfortunately.

Anyway let's see how this position goes.
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  • #837,950
  • Sep 12, 2024 7:41am Sep 12, 2024 7:41am
Quoting BeeTogether
US data pretty green maybe good to go 130-12970
Yeh since did price align with data
Follow The Markets Structure - Patience and Discipline
  • #837,951
  • Sep 12, 2024 7:44am Sep 12, 2024 7:44am
I have no sl mf
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yes yes yes
  • #837,952
  • Sep 12, 2024 7:47am Sep 12, 2024 7:47am
Quoting TheHusla
Next trade for this week XAUUSD BUYS. Was very unfortunate but yesterday had an emergency to deal with 30 mins prior to CPI and took all day to sort out. Was really looking forward to scalping opps but wasn't written for me to trade unfortunately. Anyway let's see how this position goes. {image} {image}
- TP

Shaping up to be quite a week this one.
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  • #837,953
  • Sep 12, 2024 7:53am Sep 12, 2024 7:53am
So green data and Gu goes up
MM still in action
Insane in the Brain..
  • #837,954
  • Sep 12, 2024 7:59am Sep 12, 2024 7:59am
Quoting BeeTogether
So green data and Gu goes up MM still in action
Do you mind me asking, what is "MM still in action"?
  • #837,955
  • Sep 12, 2024 8:01am Sep 12, 2024 8:01am
Quoting Moty
I have no sl mf {image}
Yea yes yes, you can't fool me mf
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yes yes yes
  • #837,956
  • Sep 12, 2024 8:09am Sep 12, 2024 8:09am
Quoting TheHusla
{quote} Do you mind me asking, what is "MM still in action"?
money managers..
Insane in the Brain..
  • #837,957
  • Sep 12, 2024 8:09am Sep 12, 2024 8:09am
Quoting BeeTogether
So green data and Gu goes up MM still in action

I would call it a mixed bag...
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Don't Leave Money on the Table
  • #837,958
  • Sep 12, 2024 8:11am Sep 12, 2024 8:11am
Quoting BeeTogether
{quote} money managers..
So you believe there is a person or group called "money managers" who work together to control the movement of the market? (I'm just trying to understand)
  • #837,959
  • Sep 12, 2024 8:12am Sep 12, 2024 8:12am
Quoting HaLBot
{quote} I would call it a mixed bag... {image}
hmmmm I got these
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Insane in the Brain..
  • #837,960
  • Sep 12, 2024 8:12am Sep 12, 2024 8:12am
Quoting Moty
{quote} Yea yes yes, you can't fool me mf {image}
Do you mind me asking why you sell in strong uptrend and without SL? What evidence you have of price going lower?
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