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Cable Update (GBPUSD)

  • #838,321
  • Sep 17, 2024 12:59am Sep 17, 2024 12:59am
Should current high of 1.3216 hold, then 1.3066 should be a realistic target this week. This current week has little or no lower shadow and rate cut seem to have been priced in.
Data + Stat + Risk/Emotions Management
  • #838,322
  • Sep 17, 2024 2:01am Sep 17, 2024 2:01am
Quoting Georginson
Should current high of 1.3216 hold, then 1.3066 should be a realistic target this week. This current week has little or no lower shadow and rate cut seem to have been priced in.
That's the point. Weekly pivot is 3096 and it should be visited, as usual. Buying up here is madness.
  • #838,323
  • Sep 17, 2024 2:13am Sep 17, 2024 2:13am
Quoting Mitiblotch
{quote} That's the point. Weekly pivot is 3096 and it should be visited, as usual. Buying up here is madness.
Exactly the way you sounded last week Thursday and buyers went up 100+ . If chart is setting up for a buy and you are holding on to a short perhaps that's devilish
Keep the Lights on then you can catch the rise from the dark.
  • #838,324
  • Sep 17, 2024 2:18am Sep 17, 2024 2:18am
Quoting ricmaj
{quote} Exactly the way you sounded last week Thursday and buyers went up 100+ . If chart is setting up for a buy and you are holding on to a short perhaps that's devilish
Last week I had only one losing trade. And I gave them all out here. Right now I have one short at 3200 which I am holding for weekly pivot at least which usually hits every week. Secondly, I responded to George and wouldn't know why you sound irritated. Mate, I would advise you to ignore me and save your sanity. Next time I won't be this nice.
  • #838,325
  • Sep 17, 2024 2:26am Sep 17, 2024 2:26am
Quoting Mitiblotch
{quote} Last week I had only one losing trade. And I gave them all out here. Right now I have one short at 3200 which I am holding for weekly pivot at least which usually hits every week. Secondly, I responded to George and wouldn't know why you sound irritated. Mate, I would advise you to ignore me and save your sanity. Next time I won't be this nice.
Abeg go sit down for one place. Who cares if you are nice or not will that turning my trades into profit.
Keep the Lights on then you can catch the rise from the dark.
  • #838,326
  • Sep 17, 2024 2:33am Sep 17, 2024 2:33am
Quoting ricmaj
{quote} Abeg go sit down for one place.Who cares if you are nice or not will that turning my trades into profit.
If all the great sell calls I made last week didn't benefit you then that's on you. Learn to trade. Be your own signal provider else you'll get hurt by people's opinions, trades and biases. Both posts tell a lot about your trading abilities.

Kindly ignore me, mate.
  • #838,327
  • Sep 17, 2024 2:49am Sep 17, 2024 2:49am
Quoting Mitiblotch
{quote} If all the great sell calls I made last week didn't benefit you then that's on you. Learn to trade. Be your own signal provider else you'll get hurt by people's opinions, trades and biases. Both posts tell a lot about your trading abilities. Kindly ignore me, mate.
You are just advertising your ignorance, dont think for people and talk only what you know, let me ask you;how can you translate your affirmation that buying is pure madness, maybe later you will post a buy call that was successful. I don't ignore people maybe you can do that by yourself the god king of Fx.
Keep the Lights on then you can catch the rise from the dark.
  • #838,328
  • Sep 17, 2024 2:54am Sep 17, 2024 2:54am
for 218 pips
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yes yes yes
  • #838,329
  • Sep 17, 2024 2:56am Sep 17, 2024 2:56am
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What do you people think bout this
  • #838,330
  • Sep 17, 2024 2:57am Sep 17, 2024 2:57am
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  • #838,331
  • Sep 17, 2024 3:05am Sep 17, 2024 3:05am
Quoting Moty
for 218 pips {image}
Come on mister uj also
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yes yes yes
  • #838,332
  • Sep 17, 2024 3:05am Sep 17, 2024 3:05am
Quoting ricmaj
{quote} You are just advertising your ignorance, dont think for people and talk only what you know, let me ask you;how can you translate your affirmation that buying is pure madness, maybe later you will post a buy call that was successful. I don't ignore people maybe you can do that by yourself the god king of Fx.
I responded to George, not you. Secondly my speech was figurative. When something is said to be mad or madness it is often a figurative speech translating into something that doesn't make sense. I don't want to get into hurling insults. If you lack comprehension abilities, say it. There is a choice to buy or sell. I gave my position yesterday being a short at 3200 with 90 pips SL and 200 pip TP. It can give me profit or loss but I already calculated my risk.

If you don't understand this, like I said earlier, it's on you. Accusing me of mentioning a buy trade in the future is another disingenuous one from you. If you are dishonest, that's okay for you. I am not. There is a reason I have over 200 subscribers built over the years. I am not dishonest. I do an actual job in real life and earn money from it. I also earn from trading. Of what use would I be dishonest in an online forum. Honesty might be alien to you, not to me. I sincerely hope, for your own sake, that you aren't this way in real life.

I have never used or taken any trades from you. I scroll past your posts because they are of no help to me. But you have shown to pay attention to my trades hence I kindly asked that you ignore me to save yourself any stress. Yet, this simple request is interpreted as an aggression.
  • #838,333
  • Sep 17, 2024 3:07am Sep 17, 2024 3:07am
Next up This Week BTCUSD LONGS. Saw this as I was doing my morning analysis so couldn't post live as had to focus on analysis. Once my main analysis is done and alerts set on interesting zones, I have more time.

H4 & H1 pushes up made this one look good.
H1 had a pullback candle (bearish candle).
M15/M5 showed signs of continuation with engulfs up.
TP was the FVG above that can be seen.
Very basic trade.

This account is a small one as I'm still learning the movements of this pair. I like the fact it moves fast like Gold so am slowly compounding on it but it's at it's early stages still.

- TP HIT
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  • #838,334
  • Sep 17, 2024 3:16am Sep 17, 2024 3:16am
Quoting Abeylyn
{quote} You are perfectly correct. I used 4 hour trend and operate with minimum of 30 minutes chart. That's the only high probability point for me to ride the trend up to at least minimum of 1.618 of the associated Fibonacci sequence. However, I pick key level using daily time frame. All the earlier calls for buy were outside 4 hour trend for me, therefore had to stand aside. Atm, looking for only Buy @ Pullback to either previous high that was broken to the upside, hourly Central or even lower Bollinger Band. So many good traders here doing well...
From my own perspective, I see 1.3245/60 as the next resistant point. It's obvious that trend is up and Intraday Sentiment is also up.

It's important to point out that main entry for buy occured at 1.3035 which equate corrective Elliot C of existing uptrend that created it's high at 1.3260 before correction to the downside. If the wave analysis is correct, I see price breaking the resistant point to locate Elliott wave to 3 which was prematurely truncated before correction.

All the way, it's buy for me.

Good morning all and do have a nice trading day.
Market Structure is the King.....
  • #838,335
  • Sep 17, 2024 3:18am Sep 17, 2024 3:18am
Quoting KareemAliFx
Doing another eu buy for Asian session stop loss at 1.11153
eurusd
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Master your mind. Master Trading.
  • #838,336
  • Sep 17, 2024 3:20am Sep 17, 2024 3:20am
Quoting Abeylyn
{quote} From my own perspective, I see 1.3245/60 as the next resistant point. It's obvious that trend is up and Intraday Sentiment is also up. It's important to point out that main entry for buy occured at 1.3035 which equate corrective Elliot C of existing uptrend that created it's high at 1.3260 before correction to the downside. If the wave analysis is correct, I see price breaking the resistant point to locate Elliott wave to 3 which was prematurely truncated before correction. All the way, it's buy for me. Good morning all and do have a nice...
I would tend to agree. To me, it looks like it might go for liquidity at 1.32388.
Big Supply zone that we reached yesterday hasn't managed to cause any significant break of structure yet. Not even a push down for liquidity (my trade yesterday).
Previous daily candles still pushing strong.
I know I went short yesterday but it was an exception, not my usual style of trading.
H4+ looks massively bullish yet to me.....
  • #838,337
  • Sep 17, 2024 3:24am Sep 17, 2024 3:24am
the APAC session with a pretty tight 25 pips. After LO we are still in that zone, however the pair have claimed back any losses too. Question is where next? For the majority of the bullish days APAC sessions have been 20-50 pips up whilst today was just a tad under 0 i think -7. From an indication perspective it could be the end of the bullish thrust however until 13150 is not broken it be hard to confirm this. We could also be in for a quiet day today as the big sticker events start from 7am UK time tomorrow.
Insane in the Brain..
  • #838,338
  • Sep 17, 2024 3:24am Sep 17, 2024 3:24am
Quoting ricmaj
{quote} You are just advertising your ignorance, dont think for people and talk only what you know, let me ask you;how can you translate your affirmation that buying is pure madness, maybe later you will post a buy call that was successful. I don't ignore people maybe you can do that by yourself the god king of Fx.
My Naija Brothers, let's take it easy with one another o.
Data + Stat + Risk/Emotions Management
  • #838,339
  • Sep 17, 2024 3:25am Sep 17, 2024 3:25am
Quoting Mitiblotch
{quote} I responded to George, not you. Secondly my speech was figurative. When something is said to be mad or madness it is often a figurative speech translating into something that doesn't make sense. I don't want to get into hurling insults. If you lack comprehension abilities, say it. There is a choice to buy or sell. I gave my position yesterday being a short at 3200 with 90 pips SL and 200 pip TP. It can give me profit or loss but I already calculated my risk. If you don't understand this, like I said earlier, it's on you. Accusing me of mentioning...

No need for the long narratives, i guess I took your point out of context,, do have a blessed day of trade.
Keep the Lights on then you can catch the rise from the dark.
  • #838,340
  • Sep 17, 2024 3:39am Sep 17, 2024 3:39am
Quoting BeeTogether
the APAC session with a pretty tight 25 pips. After LO we are still in that zone, however the pair have claimed back any losses too. Question is where next? For the majority of the bullish days APAC sessions have been 20-50 pips up whilst today was just a tad under 0 i think -7. From an indication perspective it could be the end of the bullish thrust however until 13150 is not broken it be hard to confirm this. We could also be in for a quiet day today as the big sticker events start from 7am UK time tomorrow.
Quite days are my favourite, little bit up, little bit down, while I just skim the cream from the top...
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