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Cable Update (GBPUSD)

  • #840,741
  • Oct 4, 2024 7:40am Oct 4, 2024 7:40am
Quoting BeeTogether
{quote} a drop below 131 towards 13070 could be an area for a long I’m gonna hold for a few hours
I have a trading rule from my observation over the years. Friday is a one-way traffic day. There are exceptions, which I don't want to repeat or share here anymore. However, NY in most cases won't go against the direction set by London on a Friday. My buy is solely based on this.

I expect a full recovery of price today to 3170 area. I hope nobody buys based on this. It's my trade, not a recommendation.
  • #840,742
  • Oct 4, 2024 7:44am Oct 4, 2024 7:44am
Below previous low should open channel for 3000 test . Watching
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #840,743
  • Oct 4, 2024 7:44am Oct 4, 2024 7:44am
Quoting Mitiblotch
2 lot buy triggered at 3109. Should have kept it lower to get a better price. Holding till next week until price hits 3200 at least.
great.

im still waiting.. i think i can catch it bit lower.
  • #840,744
  • Oct 4, 2024 7:53am Oct 4, 2024 7:53am
Quoting Whale
{quote} great. im still waiting.. i think i can catch it bit lower.
me too. Around 13040-50 if it gets there
Insane in the Brain..
  • #840,745
  • Oct 4, 2024 7:54am Oct 4, 2024 7:54am
Quoting Whale
{quote} great. im still waiting.. i think i can catch it bit lower.
im in.. with small position 1.30876

will add later
  • #840,746
  • Oct 4, 2024 7:55am Oct 4, 2024 7:55am
50,0000 USD PROFIT DAY


Attached Image (click to enlarge)
Click to Enlarge Name: 50K day.png Size: 44 KB
Follow The Markets Structure - Patience and Discipline
  • #840,747
  • Oct 4, 2024 7:56am Oct 4, 2024 7:56am
Nice move in the cable! Check out my analysis on this pair, more downside is expected below the momentum low.
Inserted Video
The key is to do what you know
  • #840,748
  • Oct 4, 2024 7:59am Oct 4, 2024 7:59am
This could go much lower than current areas. NFP smashed it. If BoE is aggressive then we could see 130X
Insane in the Brain..
  • #840,749
  • Oct 4, 2024 8:00am Oct 4, 2024 8:00am
long at 1.30200 Gbpusd sell 0.07 30 pips
  • #840,750
  • Oct 4, 2024 8:00am Oct 4, 2024 8:00am
Quoting BeeTogether
{quote} me too. Around 13040-50 if it gets there
Im in.. with two position.
1.30876 and 1.3079

that is. Now waiting .
below the level im probably will be out.
  • #840,751
  • Oct 4, 2024 8:01am Oct 4, 2024 8:01am
Quoting pipfarm
50,0000 USD PROFIT DAY {image}
congrats broski wanna be like you when i grow up
  • #840,752
  • Oct 4, 2024 8:03am Oct 4, 2024 8:03am
Below 1.3000 is my bet before a possibility of reversal to the upside
Follow The Markets Structure - Patience and Discipline
  • #840,753
  • Oct 4, 2024 8:04am Oct 4, 2024 8:04am
Quoting Godspromise
{quote} congrats broski wanna be like you when i grow up

TY, i made the post to inspire others, i think i give enough info on this forum to be able to do this now and then but ty
Follow The Markets Structure - Patience and Discipline
  • #840,754
  • Oct 4, 2024 8:04am Oct 4, 2024 8:04am
Quoting ChiForex
{quote} A break of 1.3140s can be followed by a fall toward 1.2830s and 1.2670s for this month for GU. For EU, a break of 1.1030s will make it fall to 1.0850-70s, and there further weakness can target 1.0540s the ultimate goal for bears. ***I don't see any upside movement. Watch out all
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #840,755
  • Oct 4, 2024 8:04am Oct 4, 2024 8:04am
No sL atm
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  • #840,756
  • Oct 4, 2024 8:06am Oct 4, 2024 8:06am
Damn IG didn’t stop at my Set SL level.. time to get a bit arsey
Insane in the Brain..
  • #840,757
  • Oct 4, 2024 8:12am Oct 4, 2024 8:12am
Quoting pipfarm
50,0000 USD PROFIT DAY {image}

I am done for the Day and week, closed all @57K nearly 2-1 RR it is good enough , of to enjoy the weekend, good luck all
Follow The Markets Structure - Patience and Discipline
  • #840,758
  • Oct 4, 2024 8:13am Oct 4, 2024 8:13am
Quoting BeeTogether
Damn IG didn’t stop at my Set SL level.. time to get a bit arsey
they need your money.
  • #840,759
  • Oct 4, 2024 8:16am Oct 4, 2024 8:16am
Quoting BeeTogether
Damn IG didn’t stop at my Set SL level.. time to get a bit arsey
it happen from time to time because of the liquidity suppliers.
i have one broker that have only one liquidity supplier, it missed my SL and TP from time to time by inches.
so im always take it 2 pips away from what im thinking.
  • #840,760
  • Oct 4, 2024 8:17am Oct 4, 2024 8:17am
Imo 1.3125 will hit even if its a short.

i will partial tp there.
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