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Cable Update (GBPUSD)

  • #840,141
  • Oct 1, 2024 9:36am Oct 1, 2024 9:36am
Quoting Abeylyn
{quote} When precisely is the time to buy ?

I suppose once things settle down a bit. There is a move up soon maybe after we hit the monthly pivot which Miti has mentioned to be around 13270
Insane in the Brain..
  • #840,142
  • Oct 1, 2024 9:42am Oct 1, 2024 9:42am
I have setup TP on .32760
Always follow your own shit
  • #840,143
  • Oct 1, 2024 9:44am Oct 1, 2024 9:44am
Quoting BeeTogether
{quote} I suppose once things settle down a bit. There is a move up soon maybe after we hit the monthly pivot which Miti has mentioned to be around 13270
I see all the area as a demand zone uptill touch of 1.3267/70

The issue at the moment from what I am seeing is that MM has not supported Buy position. Until then....

But Its important for me to know what other buddies and friends are seeing acting as deterrent to Buy.
Market Structure is the King.....
  • #840,144
  • Oct 1, 2024 9:46am Oct 1, 2024 9:46am
Quoting knkie
{quote} when there are less sellers
Friend,

How do I know when there are less sellers, with what indicator/s and on what time frame ?

Thanks.
Market Structure is the King.....
  • #840,145
  • Oct 1, 2024 9:46am Oct 1, 2024 9:46am
Quoting fxmasterdxb
{quote} hi there, hope you are enjoying my city charm, be careful with your longs, price could dip over the next week/s to 1.31, thats the max as i see it
Hi Bro! Second time this year, cool city next time we must catch for a beer today night flying home, thanks for your view! Definitely appreciate
People don't plan to lose. They lose because they don't plan.
  • #840,146
  • Oct 1, 2024 9:48am Oct 1, 2024 9:48am
GU Short
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My telegram: https://t.me/avidforex
  • #840,147
  • Oct 1, 2024 9:52am Oct 1, 2024 9:52am
Quoting ScalaFX
{quote} pipfarm, is to early to set a stop loss while this is swing trade, I see 1060 is max that price can slide, if slides more I will think what to do, cut or hedge, GU too 3270-60 is max I think, big potential for buy from me
so far in plan, lets see how this develop to end of the week
People don't plan to lose. They lose because they don't plan.
  • #840,148
  • Oct 1, 2024 9:57am Oct 1, 2024 9:57am
Since asia, there is selling.

why one should be buying ?
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Intraday only.
  • #840,149
  • Oct 1, 2024 10:02am Oct 1, 2024 10:02am
Quoting navk
Since asia, there is selling. why one should be buying ? {image}
Intention is to Sell after a bounce up.....
Market Structure is the King.....
  • #840,150
  • Oct 1, 2024 10:04am Oct 1, 2024 10:04am
Quoting Abeylyn
{quote} Intention is to Sell after a bounce up.....
so, no trading now.

no buy
Intraday only.
  • #840,151
  • Oct 1, 2024 10:09am Oct 1, 2024 10:09am
Looks like negative ISM Manufacturing PMI cannot save GU's a*s.
With courage, patience, and discipline, success is a matter of time.
  • #840,152
  • Oct 1, 2024 10:09am Oct 1, 2024 10:09am
proven reliable pattern
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #840,153
  • Oct 1, 2024 10:10am Oct 1, 2024 10:10am
Quoting Abeylyn
{quote} Friend, How do I know when there are less sellers, with what indicator/s and on what time frame ? Thanks.
well thats the essential question.
One could use Volume as an indicator,
Or you could keep an eye on the Order book.
Market Profile is a popular indicator.
And you could use Supply & Demand zones as a heads up.
Im sure there are even more suggestions from other traders.

You should read into the subject.
here is an interesting article, maybe it helps.
https://money.stackexchange.com/ques...ks-actually-me

Timeframes are personal. Whatever makes you feel comfortable.
in wondering about yourself, you forgot what you came here to be part of
  • #840,154
  • Oct 1, 2024 10:15am Oct 1, 2024 10:15am
Quoting knkie
{quote} well thats the essential question. One could use Volume as an indicator, Or you could keep an eye on the Order book. Market Profile is a popular indicator. And you could use Supply & Demand zones as a heads up. Im sure there are even more suggestions from other traders. You should read into the subject. here is an interesting article, maybe it helps. https://money.stackexchange.com/ques...ks-actually-me Timeframes are personal. Whatever makes you feel comfortable....
You nailed it.

That's the key.

Thanks.
Market Structure is the King.....
  • #840,155
  • Oct 1, 2024 10:15am Oct 1, 2024 10:15am
Quoting ScalaFX
{quote} Hi Bro! Second time this year, cool city next time we must catch for a beer today night flying home, thanks for your view! Definitely appreciate
sure lets do it, dm me next time you come to dubai
  • #840,156
  • Oct 1, 2024 10:17am Oct 1, 2024 10:17am
Loaded some gold buys middle eastern tensions escalating seems safe haven mode is on explains the dollar strength too
Master your mind. Master Trading.
  • #840,157
  • Oct 1, 2024 10:21am Oct 1, 2024 10:21am
Quoting KareemAliFx
Loaded some gold buys middle eastern tensions escalating seems safe haven mode is on explains the dollar strength too
good idea.
Insane in the Brain..
  • #840,158
  • Oct 1, 2024 10:23am Oct 1, 2024 10:23am
SL at b/e 13294
Insane in the Brain..
  • #840,159
  • Oct 1, 2024 10:29am Oct 1, 2024 10:29am
Though 3249 support but close sr 71 to see what , 3285 limit to try for support possible !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #840,160
  • Oct 1, 2024 10:31am Oct 1, 2024 10:31am
Quoting BeeTogether
SL at b/e 13294
Are you shorting now? Good luck brother
With courage, patience, and discipline, success is a matter of time.
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