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Cable Update (GBPUSD)

  • #838,861
  • Sep 20, 2024 7:23am Sep 20, 2024 7:23am
Quoting Abeylyn
{quote} Where is the next resistant if price is able to break out of 1.3340 Intraday high ?
1.3360/64 ?
Market Structure is the King.....
  • #838,862
  • Sep 20, 2024 7:28am Sep 20, 2024 7:28am
Im not wrong am I, wasn't wrong with George either
that sounds handy
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #838,863
  • Sep 20, 2024 7:30am Sep 20, 2024 7:30am
Quoting Waveskierrob
{quote} failed again, you need to read the original question...
Its friday
in wondering about yourself, you forgot what you came here to be part of
  • #838,864
  • Sep 20, 2024 7:31am Sep 20, 2024 7:31am
Next up GN.
These huge one candle moves into liquidity zones followed by a reversal candle are my favourites.
Waited for a little confirmation on M1/M5 before entering.
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  • #838,865
  • Sep 20, 2024 7:36am Sep 20, 2024 7:36am
Quoting TheHusla
Next up GN. These huge one candle moves into liquidity zones followed by a reversal candle are my favourites. Waited for a little confirmation on M1/M5 before entering. {image}
Where is your TP ?
Market Structure is the King.....
  • #838,866
  • Sep 20, 2024 7:43am Sep 20, 2024 7:43am
Quoting Bones
{quote} I know where you're coming from, people have to look past it
dont think you do or you would have answered my question, that's ok we'll leave at that but thanks for trying...
  • #838,867
  • Sep 20, 2024 7:44am Sep 20, 2024 7:44am
Quoting knkie
{quote} Its friday
  • #838,868
  • Sep 20, 2024 7:48am Sep 20, 2024 7:48am
Looks like Bull is waking up, 1.335 - 1.336 next?
With courage, patience, and discipline, success is a matter of time.
  • #838,869
  • Sep 20, 2024 7:54am Sep 20, 2024 7:54am
Quoting Abeylyn
{quote} Where is your TP ?
TP always proportional to 1.5R. I don't have it set anywhere logical, just what I need.
My SL on this trade as it's a minor was around 12-13 pips. 10 pips doesn't work on minor pairs.
A lot of the time I only see a negative R:R range which makes no sense to trade obv in the long run but we have the huge advantage of being able to put things to breakeven.
So I just take the trade with the view there is a high probability it will get to my breakeven point, after that however I'm not sure what will happen but ultimately doesn't matter as there is zero risk.
The way I see it, this is all we can control in this game.......
  • #838,870
  • Sep 20, 2024 8:04am Sep 20, 2024 8:04am
for 29 pips
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yes yes yes
  • #838,871
  • Sep 20, 2024 8:17am Sep 20, 2024 8:17am
Too slow but usdx likely developing a base to bounce ! Watching
Gbpusd short remain intact , waiting work atleast below 3272 !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #838,872
  • Sep 20, 2024 8:17am Sep 20, 2024 8:17am
Quoting TheHusla
Next up GN. These huge one candle moves into liquidity zones followed by a reversal candle are my favourites. Waited for a little confirmation on M1/M5 before entering. {image}
Result: Full Breakeven
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  • #838,873
  • Sep 20, 2024 8:19am Sep 20, 2024 8:19am
15 mins till NYO. As it’s Friday it might be a volatile end to the week especially as there isn’t any data to mess things up.

there may be a small correction if profits are being taken
Insane in the Brain..
  • #838,874
  • Sep 20, 2024 8:24am Sep 20, 2024 8:24am
Quoting GOR
{quote} Could be good for a few pips, {image}
33158 sell again +BE, one last time for the week,
'In the clearing stands a boxer And a fighter by his trade..'
  • #838,875
  • Sep 20, 2024 8:25am Sep 20, 2024 8:25am
Quoting BeeTogether
15 mins till NYO. As it’s Friday it might be a volatile end to the week especially as there isn’t any data to mess things up. there may be a small correction if profits are being taken
maybe this but ...
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People don't plan to lose. They lose because they don't plan.
  • #838,876
  • Sep 20, 2024 8:29am Sep 20, 2024 8:29am
Quoting ScalaFX
{quote} maybe this but ... {image}
I think the damage making data has already been done this week. The FOMC speech maybe one to have on standby however I have my doubts on a major upset
Insane in the Brain..
  • #838,877
  • Sep 20, 2024 8:37am Sep 20, 2024 8:37am
Never underestimate the power of the USD ! Final trade break even there ! End this week off with a damn bang !
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Master your mind. Master Trading.
  • #838,878
  • Sep 20, 2024 8:38am Sep 20, 2024 8:38am
Quoting KareemAliFx
Never underestimate the power of the USD ! Final trade break even there ! End this week off with a damn bang ! {image} {image}
never selling
People don't plan to lose. They lose because they don't plan.
  • #838,879
  • Sep 20, 2024 8:39am Sep 20, 2024 8:39am
Quoting ScalaFX
{quote} never selling
in this case USD
Master your mind. Master Trading.
  • #838,880
  • Sep 20, 2024 8:42am Sep 20, 2024 8:42am
Very nice trade setting up here on EURNZD - Look at where the impulses are to confirm the end of each corrective phase

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Follow The Markets Structure - Patience and Discipline
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