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Cable Update (GBPUSD)

  • #840,541
  • Oct 3, 2024 6:24am Oct 3, 2024 6:24am
last week everyone was bullish GU because of the tall green candles on weekly except for me now everyone turning bearish LOL

time to put on my speedo and dance for the dollars strength LOL

https://tenor.com/view/independence-...ly-gif-5635468
short trump and go long the deepstate
  • #840,542
  • Oct 3, 2024 6:24am Oct 3, 2024 6:24am
Gold going to 2590 RBS D1, so do not expect any major moves on GU to the upside

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Follow The Markets Structure - Patience and Discipline
  • #840,543
  • Oct 3, 2024 6:25am Oct 3, 2024 6:25am
What the hell wrong with GU? Last few hours I went short with 60+ pips TP and it hit within 4h. I know my trade was high quality with most criteria before entry is met. But never expected it was that quick. GU is not dropped but CRASHED.
With courage, patience, and discipline, success is a matter of time.
  • #840,544
  • Oct 3, 2024 6:27am Oct 3, 2024 6:27am
One hour till the data starts to drop this could be a bigger drop in the cards
Insane in the Brain..
  • #840,545
  • Oct 3, 2024 6:28am Oct 3, 2024 6:28am
Quoting Konichiwhaat
{quote} Oh i see, your colours are inverted from the norm? (Red means profit, green is the stop loss)
it was a mistake.. sorry

the correct one, tp is open anyway.
sl 30p
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  • #840,546
  • Oct 3, 2024 6:28am Oct 3, 2024 6:28am
Quoting Yngwie
{quote} add long 1.3130
add long 1.3098
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #840,547
  • Oct 3, 2024 6:32am Oct 3, 2024 6:32am
Quoting BeeTogether
One hour till the data starts to drop this could be a bigger drop in the cards
I don't see any sign of bulls as well. Baily's speech gave everyone panic right now.
With courage, patience, and discipline, success is a matter of time.
  • #840,548
  • Oct 3, 2024 6:33am Oct 3, 2024 6:33am
None of the other "watch" pairs look good for cable long
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  • #840,549
  • Oct 3, 2024 6:35am Oct 3, 2024 6:35am
Quoting Whale
{quote} it was a mistake.. sorry the correct one, tp is open anyway. sl 30p {image}
No worries, and no need to say sorry! I thought for a minute you were one of these Muppets who targets small targets with no SL Good work Whale, onwards and upwards!
Emotional Control. Process, not outcome.
  • #840,550
  • Oct 3, 2024 6:35am Oct 3, 2024 6:35am
Today was extra move .if look H4.This is daily.Not H4.If look H4 this is out of all borders.
border was 1.32600
another border 1.32300
  • #840,551
  • Oct 3, 2024 6:37am Oct 3, 2024 6:37am
Quoting Zebi
people have to ask themselves which country and economy is like the 6 million dollar man https://youtu.be/ehiQk6fta2c?t=94 a little island country or the biggest superpower with the currency that rules the world two daily charts for ur consideration gentlemen..the dollar and GBP...concentrate on the lines I drew from sept 16th you have one currency that's at a multiyear support area on the monthly and then you have a pissant currency that's been falling since margret thatchers time in the 1980's that's "breakingout" without any...
Quoting Zebi
{quote} yesterday I posted a dollar chart that's been in a tight daily range for 2 weeks....today nothings changed that....bad news at the lows is good and good news at the highs is bad LOL here's a new dollar chart with a spring reversal pattern...people can google it if they're not familiar what that means ill answer headland over the weekend since he didn't rebut my analysis using TA just ad hominem {image}
like I been saying since I came to this room...don't fook with the almighty dollar ...you can trade GU by just looking at DXY and ignoring GBP LOL

just look at the dollar blastoff
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short trump and go long the deepstate
  • #840,552
  • Oct 3, 2024 6:38am Oct 3, 2024 6:38am
Quoting Konichiwhaat
{quote} Just seen the second trade hit its 100 pip target also (the small win is normal day trading) The original entry is now 300 pips in profit from its 3424 entry... as you were {image}
I have set the final target for the 3rd position to take profit at 3050. Check the daily for the reasoning. This will be a 374 pip profit if it comes in
Emotional Control. Process, not outcome.
  • #840,553
  • Oct 3, 2024 6:38am Oct 3, 2024 6:38am
We may see 1.300 today...
The tension in the Middle East, plus BOE's Bailey's comments about cutting interest rates, may push cable lower as well.
Be carful on Gold also.... it could rocket at any news ... 2700 in view...
  • #840,554
  • Oct 3, 2024 6:39am Oct 3, 2024 6:39am
gbp weak, usd strong=short on cable
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  • #840,555
  • Oct 3, 2024 6:43am Oct 3, 2024 6:43am
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yes yes yes
  • #840,556
  • Oct 3, 2024 6:43am Oct 3, 2024 6:43am
Quoting Konichiwhaat
{quote} No worries, and no need to say sorry! I thought for a minute you were one of these Muppets who targets small targets with no SL Good work Whale, onwards and upwards!
Market not with me today.
i hope im not reading the HTF map incorrectly
  • #840,557
  • Oct 3, 2024 6:44am Oct 3, 2024 6:44am
Quoting Moty
{image}
shana tova, ten barosh.
  • #840,558
  • Oct 3, 2024 6:45am Oct 3, 2024 6:45am
gentlemen....i say gentlemen...a big tall green candle like the one on weekly DXY is bullish since its at the lows

a big tall green candle at or near weekly highs shud always be shorted cause the momentum fools buying it.... and we know 95% of beginning traders are trend and momentum traders and they lose because that's how the books and videos tell em to trade and only 20% of breakouts succeed that's why there's a play called turtle soup and 2B.... one can be nimble off a 5 or 15 min chart but hedge funds that trade weekly cant be nimble since they have billions of dollars under management so they always short or sell when price "breakingout" and buy as price is falling since they don't want their orders increasing prices and their average price of their position

so don't listen to or believe dopes that post and trade weekly chart breakouts like they would a 5 min chart cause they'll be wrong 80% of the time

always...always...always short the big green bullish candles as they approach or break highs ...always


and the opposite holds true at the lows like on the dollar chart LOL...always buy red candles as they drop below support like on my dollar charts in my quotes from last week

ps...my fiance just as devient in thinking as I am and picking up my contrarian trading...pretty soon ill make her be the provider and ill just stay drunk all the time watching tv LOL
short trump and go long the deepstate
  • #840,559
  • Oct 3, 2024 6:45am Oct 3, 2024 6:45am
...201% of 30 dar adr reached @ current dly lo - needless to say 1hr, 2hr, and 4hr osc's all v. o/s !
Trader with an Edge.
  • #840,560
  • Oct 3, 2024 6:46am Oct 3, 2024 6:46am
1.31 nice round number long. Hoping to catch some reversal action from Baileys bombshell.
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