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Cable Update (GBPUSD)

  • #838,101
  • Sep 13, 2024 5:33am Sep 13, 2024 5:33am
Quoting ScalaFX
shorted 3150
protected, will be targeting under 3000
People don't plan to lose. They lose because they don't plan.
  • #838,102
  • Sep 13, 2024 5:34am Sep 13, 2024 5:34am
Quoting KareemAliFx
Ending this fantastic trading week off with a bang {image}
I wanna pay for your signals good job Bro!
People don't plan to lose. They lose because they don't plan.
  • #838,103
  • Sep 13, 2024 5:37am Sep 13, 2024 5:37am
Quoting BeeTogether
{quote} We totally all missed 130 as being support and a bloody good one too. The bounce back has been impressive.. looking for an area for an entry now. My short at 13035 still live however will look for a hit unless we close below 131
I love the statement. Yes, we all missed out.

That was a technical difference between the 8 hourly technician and daily technician. I was expecting parity @ 1.2967. Unfortunately, the 8 hourly support accelerated price up to a new high.

I am still hoping for reconciliation with caution because it's quite unusual.
Market Structure is the King.....
  • #838,104
  • Sep 13, 2024 5:39am Sep 13, 2024 5:39am
Quoting ScalaFX
{quote} I wanna pay for your signals good job Bro!
hmmm idk scala I’ve been seeing you trade too. Maybe I copy your signals ?
Master your mind. Master Trading.
  • #838,105
  • Sep 13, 2024 5:41am Sep 13, 2024 5:41am
Quoting KareemAliFx
{quote} hmmm idk scala I’ve been seeing you trade too. Maybe I copy your signals ?
hahaha you don’t have to, you doing fantastic job and sharing here, stay blessed and rich
People don't plan to lose. They lose because they don't plan.
  • #838,106
  • Sep 13, 2024 5:41am Sep 13, 2024 5:41am
I see price playing up here until the 18th except we close today below 3085 (daily pivot). After the 18th it will be a sustained fall to give a bearish month.

Just my thoughts. Don't trade it!
  • #838,107
  • Edited 5:54am Sep 13, 2024 5:42am | Edited 5:54am
Quoting pipfarm
There is no news to drive this move down which leads to my conclusion that MMs are closing long positions taking profit and now are looking at buying in lower
But there was also no news yesterday to drive it higher. Based on the data, it should have gone lower. (Liquidity grab). We are currently retreating off 4hr resistance. There is another resistance level at 3160.
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Compulsions can be hard to resist
  • #838,108
  • Sep 13, 2024 5:45am Sep 13, 2024 5:45am
...88% of 13wk (1/4 yr) awr traveled so far this week - on last trading day of week. The story - week opened below the wkly pivot, traveled down to Wkly S2 (current wkly lo,) and up again from there to Wkly Pivot (current wkly hi.) How neat is that?

4hr below
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Trader with an Edge.
  • #838,109
  • Sep 13, 2024 5:51am Sep 13, 2024 5:51am
Quoting Abeylyn
{quote} I love the statement. Yes, we all missed out. That was a technical difference between the 8 hourly technician and daily technician. I was expecting parity @ 1.2967. Unfortunately, the 8 hourly support accelerated price up to a new high. I am still hoping for reconciliation with caution because it's quite unusual.
it is very.. thing is I and a lot of others had pinpointed 12950-70 as a point of support. With the data green for USD it should have been an easy 130 at least. Anyway hindsight is a bitch lol.

read somewhere that chances of 0.5 are higher after the data however not sure why that would be as the Us data has been relatively green
Insane in the Brain..
  • #838,110
  • Sep 13, 2024 5:54am Sep 13, 2024 5:54am
Quoting BeeTogether
{quote} it is very.. thing is I and a lot of others had pinpointed 12950-70 as a point of support. With the data green for USD it should have been an easy 130 at least. Anyway hindsight is a bitch lol. read somewhere that chances of 0.5 are higher after the data however not sure why that would be as the Us data has been relatively green
Hi. With inflation falling (Cpi/ppi) Fomc may feel it is on a downwards path and 'under control' so more risks to GDP growth/employment ( than inflation) by not cutting bigger, ie a -0.5% cut later this mth?
---------------------------------------------

... 2 upside b/o's of y/day's hi now and both false. 1 x 1st false b/o of Asian hi.

1hr below
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Trader with an Edge.
  • #838,111
  • Sep 13, 2024 5:58am Sep 13, 2024 5:58am
Quoting TheHusla
{quote} This is an interesting question that I've thought about in some depth. In all forms of representation of mass consciousness there seem to be symmetries that emerge. Why? Who knows? This is apparent in all forms of nature and being found in physics. The FX market is the biggest in the world and therefore demonstrates this. It's important to note that trend lines can't always be drawn on all pairs. So again this is something that "appears" under certain conditions. Basic Symmetry seems to give good clues to the direction of the market. For...
Yes, we trade the moments of clarity . Good post
Compulsions can be hard to resist
  • #838,112
  • Sep 13, 2024 6:02am Sep 13, 2024 6:02am
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yes yes yes
  • #838,113
  • Sep 13, 2024 6:13am Sep 13, 2024 6:13am
Quoting ScalaFX
{quote} protected, will be targeting under 3000
I am late to the party. Copy your signal too.

Can moty help to hammer it ?
  • #838,114
  • Sep 13, 2024 6:33am Sep 13, 2024 6:33am
Quoting firsttimer
{quote} I am late to the party. Copy your signal too. Can moty help to hammer it ?
patience, it would come down and down to the end of a day
People don't plan to lose. They lose because they don't plan.
  • #838,115
  • Sep 13, 2024 6:34am Sep 13, 2024 6:34am
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yes yes yes
  • #838,116
  • Sep 13, 2024 6:42am Sep 13, 2024 6:42am
Quoting Mitiblotch
I see price playing up here until the 18th except we close today below 3085 (daily pivot). After the 18th it will be a sustained fall to give a bearish month. Just my thoughts. Don't trade it!
yeah a drop below 131 for close would work.
Insane in the Brain..
  • #838,117
  • Sep 13, 2024 6:47am Sep 13, 2024 6:47am
Predictions on USDX and GBPX? hm........

(GBPX is just GU X USD Index or DXY)
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  • #838,118
  • Sep 13, 2024 6:52am Sep 13, 2024 6:52am
Quoting Moty
{image}
Come on mister gj
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yes yes yes
  • #838,119
  • Sep 13, 2024 6:52am Sep 13, 2024 6:52am
I'm buying here @ 1.3118 and 1.3121 and if you don't like it speak to my Lawyer

Euro as well
Don't Leave Money on the Table
  • #838,120
  • Sep 13, 2024 6:56am Sep 13, 2024 6:56am
Quoting HaLBot
I'm buying here @ 1.3118 and 1.3121 and if you don't like it speak to my Lawyer Euro as well
you mean 3018 and 3021? come on! Don’t break that nice move!
People don't plan to lose. They lose because they don't plan.
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