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Cable Update (GBPUSD)

  • #840,601
  • Oct 3, 2024 8:49am Oct 3, 2024 8:49am
Waiting for signal still , 3135 ! Huge tanking should correct proportionately! 3129 may enough signal though ! Already tested , retest and breaks possible next time ! Waiting
So similarly waiting for 1055 and 83 for eurusd!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #840,602
  • Oct 3, 2024 9:02am Oct 3, 2024 9:02am
Quoting HaLBot
{quote} Serious bit of US data out at the top of the hour, if negativo then will go higher imo.... {image}

That was the five complete so hard to judge where a correction will end but 5 up it was making the pattern an irregular flat, that is where C does not make a high higher that A


Chart is incoming
Follow The Markets Structure - Patience and Discipline
  • #840,603
  • Oct 3, 2024 9:03am Oct 3, 2024 9:03am
Data seemed to be green
Insane in the Brain..
  • #840,604
  • Oct 3, 2024 9:04am Oct 3, 2024 9:04am
Eurusd
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Master your mind. Master Trading.
  • #840,605
  • Oct 3, 2024 9:07am Oct 3, 2024 9:07am
Long 1.3092 SL 1.3089
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #840,606
  • Oct 3, 2024 9:08am Oct 3, 2024 9:08am
I agree,the structure H4 broken.If look H4 need big correction,h1 also.GU out of all channel.Daily is ok.
  • #840,607
  • Oct 3, 2024 9:11am Oct 3, 2024 9:11am
I missed buying that spike down.
  • #840,608
  • Oct 3, 2024 9:19am Oct 3, 2024 9:19am
lemme sell this one with my beutiful magical hair touch screen indicator..
you name it.. lol

trading in nutshell.. do im right Mr. Waveskriob ?
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  • #840,609
  • Edited 9:34am Oct 3, 2024 9:23am | Edited 9:34am
Quoting Mitiblotch
I missed buying that spike down.

I will take the short - 20 pip risk, 5m is not my usual trading timeframe but sometimes helps to sharpen the brain.


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Follow The Markets Structure - Patience and Discipline
  • #840,610
  • Oct 3, 2024 9:30am Oct 3, 2024 9:30am
Quoting pipfarm
{quote} I will take the short - 20 pip risk, 5m is not my usual trading timeframe but sometimes helps to sharpen the brain. {image}

It made a new low so that identifies the pattern as correct , whether it goes any lower is another matter
Follow The Markets Structure - Patience and Discipline
  • #840,611
  • Oct 3, 2024 9:34am Oct 3, 2024 9:34am
Quoting pipfarm
{quote} I will take the short - 20 pip risk, 5m is not my usual trading timeframe but sometimes helps to sharpen the brain. {image}
Yeah, that was a triangle that's usually a continuation, and in this case down. Good pips.
  • #840,612
  • Oct 3, 2024 9:35am Oct 3, 2024 9:35am
Quoting Mitiblotch
I missed buying that spike down.
Buy triggered at 3099. Bulls must be crying blood today
  • #840,613
  • Oct 3, 2024 9:37am Oct 3, 2024 9:37am
Quoting Mitiblotch
{quote} Yeah, that was a triangle that's usually a continuation, and in this case down. Good pips.

It is not a triangle the whole move was a running flat , the last 7 bars after the spike down are the triangle that indicates more sell, so why buy?


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Follow The Markets Structure - Patience and Discipline
  • #840,614
  • Oct 3, 2024 9:39am Oct 3, 2024 9:39am
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yes yes yes
  • #840,615
  • Oct 3, 2024 9:44am Oct 3, 2024 9:44am
Another drop. This is quite a pull back. This time last week we were at 13430 ish
Insane in the Brain..
  • #840,616
  • Oct 3, 2024 9:46am Oct 3, 2024 9:46am
Risk off
Master your mind. Master Trading.
  • #840,617
  • Oct 3, 2024 9:46am Oct 3, 2024 9:46am
Quoting Zebi
{quote} are those supposed to be my quotes? I'm an ateist so I only use god in the pejorative sense like god can go fuck himself and I'm pretty sure I never used forum since I've been at FF...hold on let me let me check....yep never have LOL to be honest wolfram I don't know what you mean by that screenshot {image}
Not yours quotes, right. Joke for oldies here
Air force
  • #840,618
  • Oct 3, 2024 9:50am Oct 3, 2024 9:50am
Seems any correction will be minimal NFP tomorrow might not have a big impact unless it’s a miss. The 0.25 cut seems to be priced in
Insane in the Brain..
  • #840,619
  • Oct 3, 2024 9:55am Oct 3, 2024 9:55am
if look h4 correction shoud be huge.h1 should rise to drop.better look h1. h4 33600 3340.but better look h1.for a moment trend h1 stay red.
  • #840,620
  • Oct 3, 2024 9:57am Oct 3, 2024 9:57am
Quoting pipfarm
{quote} It is not a triangle the whole move was a running flat , the last 7 bars after the spike down are the triangle that indicates more sell, so why buy? {image}
Triangle was referring to the last 6 candles in your chart. That's a continuation pattern. My buy is based on ADR, pivots, and some other considerations. I'm buying not for a scalp, but for a 100 pip TP at 3200. I will get it before price hits 3000.
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