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Cable Update (GBPUSD)

  • #840,401
  • Oct 2, 2024 11:14am Oct 2, 2024 11:14am
Quoting meugampong
Gold, it seem to me failed Cup and Handle. so i put sell limit and filled.. let see what happen .. {image}

You might be on to something there , i see that small abc looks like a minor mms pattern , you might have caught C in D1 downside correction, make your own decision but i would hold on could be a big drop
Follow The Markets Structure - Patience and Discipline
  • #840,402
  • Oct 2, 2024 11:19am Oct 2, 2024 11:19am
We are slowly getting back to daily opening area. We didn’t break yesterday’s low, got a quite close to it but then moved up 30 odd pips

Friday is my day for a bearish move with the aid of NFP. If it is a big drop then maybe the 13150 area I mentioned earlier
Insane in the Brain..
  • #840,403
  • Oct 2, 2024 11:23am Oct 2, 2024 11:23am
Quoting BeeTogether
We are slowly getting back to daily opening area. We didn’t break yesterday’s low, got a quite close to it but then moved up 30 odd pips Friday is my day for a bearish move with the aid of NFP. If it is a big drop then maybe the 13150 area I mentioned earlier
3237 from yesterday is being saved like chicken saved for Christmas. It's destined to get the knife.
  • #840,404
  • Edited 11:43am Oct 2, 2024 11:23am | Edited 11:43am
After 150 pips drop yesterday, I would not think bullish next day, though bullish set up formed already above 3250.

Today is ranging day and that is fantastic opportunity for me to long and short make 3.3k. ( mostly long trades )
Intraday only.
  • #840,405
  • Oct 2, 2024 11:40am Oct 2, 2024 11:40am
Quoting BeeTogether
{quote} a dip just below 132 might do the trick. But yes it is overall bullish for me too. Next 4-6 weeks will be interesting
why not, enjoy.
1.322
  • #840,406
  • Oct 2, 2024 12:05pm Oct 2, 2024 12:05pm
looks like support is holding here
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Profit is on the other side of your mind
  • #840,407
  • Oct 2, 2024 12:10pm Oct 2, 2024 12:10pm
Checking pa usdx , just signal bounce done , a nominal breakout also but no stopped forming base for a bounce to break first confirmation yet , so still possible ranging at the bottom ! So others likely may range at the tops!
so gbpusd may test 3290 , 3300+ to even 3335, ok take the median 3304. over 3258 pullback
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #840,408
  • Oct 2, 2024 12:26pm Oct 2, 2024 12:26pm
Quoting navk
After 150 pips drop yesterday, I would not think bullish next day, though bullish set up formed already above 3250. Today is ranging day and that is fantastic opportunity for me to long and short make 3.3k. ( mostly long trades )
I'm only looking for 30 pips then am out for the day will trade in the night
  • #840,409
  • Oct 2, 2024 12:28pm Oct 2, 2024 12:28pm
The market really piss me off today. Would like to go to sleep and wait for tomorrow.
With courage, patience, and discipline, success is a matter of time.
  • #840,410
  • Oct 2, 2024 12:36pm Oct 2, 2024 12:36pm
Quoting Godspromise
{quote} I'm only looking for 30 pips then am out for the day will trade in the night
Good strategy.

Exactly my way.

You target 30 pips.

I target 1k per basket.

This is avalable

1) Asia open

2 ) London open
Intraday only.
  • #840,411
  • Oct 2, 2024 12:44pm Oct 2, 2024 12:44pm
Havnt heard from my besties Leon and Trump for a while, hope you boys are doing Ok...
  • #840,412
  • Oct 2, 2024 12:45pm Oct 2, 2024 12:45pm
Quoting Waveskierrob
Havnt heard from my besties Leon and Trump for a while, hope you boys are doing Ok...

we’re still here sort of… anyone heard from Pat?
Insane in the Brain..
  • #840,413
  • Oct 2, 2024 12:47pm Oct 2, 2024 12:47pm
Quoting fontu
Checking pa usdx , just signal bounce done , a nominal breakout also but no stopped forming base for a bounce to break first confirmation yet , so still possible ranging at the bottom ! So others likely may range at the tops! so gbpusd may test 3290 , 3300+ to even 3335, ok take the median 3304. over 3258 pullback {image} {image}
I think as long as APAC stays below 133 we should see yesterday’s lows before NFP as long as the bearish trend and data continues
Insane in the Brain..
  • #840,414
  • Oct 2, 2024 1:22pm Oct 2, 2024 1:22pm
Quoting navk
{quote} Good strategy. Exactly my way. You target 30 pips. I target 1k per basket. This is avalable 1) Asia open 2 ) London open
im learning to be more discipline lack of discpline is what was killing my gains so two trades per day one in the day on in the night targeting 20-30 pips for 40 trades ill journal all my trades to check my win rate and also my gains
  • #840,415
  • Oct 2, 2024 2:09pm Oct 2, 2024 2:09pm
Quoting pipfarm
Chart says short i am short A(abc B) C , only downsides i can see is that C does not look like an impulse and i entered a bit late {image}
After seeing your entry pipfarm, i check my chart, i found a good reason to long GCAD with positive divergence. Also H4 can't break Rising TL
i may be wrong

as usual, im using 35 SL Pips for 100 pips target 1:3
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  • #840,416
  • Oct 2, 2024 2:18pm Oct 2, 2024 2:18pm
Quoting meugampong
{quote} After seeing your entry pipfarm, i check my chart, i found a good reason to long GCAD with positive divergence. Also H4 can't break Rising TL i may be wrong as usual, im using 35 SL Pips for 100 pips target 1:3 {image}
and also ucad,ecad
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  • #840,417
  • Oct 2, 2024 5:35pm Oct 2, 2024 5:35pm
Quoting Godspromise
{quote} im learning to be more discipline lack of discpline is what was killing my gains so two trades per day one in the day on in the night targeting 20-30 pips for 40 trades ill journal all my trades to check my win rate and also my gains
This is usual for every one of us.

Do not worry.

Just be on it.

Have target in mind.. whether it is pips or cash target
Intraday only.
  • #840,418
  • Oct 2, 2024 6:41pm Oct 2, 2024 6:41pm
GBPUSD - Buy

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Together we can be strongest
Vantage Return This Month: -97.0%
  • #840,419
  • Oct 2, 2024 6:42pm Oct 2, 2024 6:42pm
Quoting 7154Superman
{quote} You mean, you're expecting a reversal to the upside like right now? Price is acting that way. If not yet, then how low should it go?
I mean it's a commonality that markets reverse mid-week. It doesn't happen all the time, but there's a confluence of signals present that indicate a reversal is not unlikely.
Discouragement is the language of the devil. Results over hype.
  • #840,420
  • Oct 2, 2024 6:55pm Oct 2, 2024 6:55pm
Quoting Moty
{quote} Switch to long {image}
you good bruh ? Where did you place your stop loss ?
Master your mind. Master Trading.
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