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Cable Update (GBPUSD)

  • #841,061
  • Oct 7, 2024 1:54pm Oct 7, 2024 1:54pm
This could be a bigger drop to circa 1300Xx top of 131 failed a few times
Insane in the Brain..
  • #841,062
  • Oct 7, 2024 1:55pm Oct 7, 2024 1:55pm
Quoting Zebi
im bearish longerterm but i went long 3077 for a bounce i got to be true to my edge I'm riskin 30 pips to make 90

got stopped out -5 pips

will look to go long at today's lows

guess those 100 Israeli jets bombing lebanon scared everyone
short trump and go long the deepstate
  • #841,063
  • Oct 7, 2024 2:01pm Oct 7, 2024 2:01pm
Quoting pipfarm
GBPUSD - direction short after correction 60 minute correction ,structure via M5 A , 3 waves (abc B, 3 waves) C 5 wave impulse to end {image}

This may well be the last sell before the upside resumes , we can now see a clear ABC pattern to the downside with 5 wave impulse in C coming to a climax
Follow The Markets Structure - Patience and Discipline
  • #841,064
  • Oct 7, 2024 2:12pm Oct 7, 2024 2:12pm
Some interesting commentary about the week ahead

https://www.spreadex.com/financials/...tSource=507489
Insane in the Brain..
  • #841,065
  • Oct 7, 2024 2:18pm Oct 7, 2024 2:18pm
Quoting Zebi
{quote} got stopped out -5 pips will look to go long at today's lows guess those 100 Israeli jets bombing lebanon scared everyone
it’s stuck in heavy tight range time.. I think back to the grind tomorrow
Insane in the Brain..
  • #841,066
  • Oct 7, 2024 2:35pm Oct 7, 2024 2:35pm
Quoting Wavegarrick
...
Leon,
Please, allow me to open a buy trade

First buy GBP\USD at 1,3077.
No SL and TP.
  • #841,067
  • Oct 7, 2024 2:43pm Oct 7, 2024 2:43pm
Quoting Waveskierrob
{quote} Here is a beautiful example why you should never try to predict the market and being "die hard bull or bear" once you have the bais in your head it's hard to change your mind because folks don't like being wrong and take it personally, thanks Leon for sharing your predictions, hope it changes direction for you soon ...
Robknob, this has to be the bestest, dumbest post ever by you and the dumbest ever come across in my 7-year spell here. I saw you open sell trades 3 years ago (2021) and you are still clinging onto the hope that price will reach your breakeven at 1.197. You shout hail Mary when price moves down and bloody Mary when price goes up. What you do not realize is that you are predicting or at least hoping for price to go down. .
Bloody hell
Trade to trade another day
  • #841,068
  • Oct 7, 2024 2:49pm Oct 7, 2024 2:49pm
Quoting bigiivan
{quote} Leon, Please, allow me to open a buy trade First buy GBP\USD at 1,3077. No SL and TP.
Yes Sir,
Be my guest. Good area to buy.
Trade to trade another day
  • #841,069
  • Oct 7, 2024 3:05pm Oct 7, 2024 3:05pm
All out.. not going anywhere
Insane in the Brain..
  • #841,070
  • Oct 7, 2024 3:09pm Oct 7, 2024 3:09pm
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A move above 1.31 00 now negates my expectations for a move lower............ SL as shown.

  • #841,071
  • Oct 7, 2024 3:14pm Oct 7, 2024 3:14pm
Quoting F.g
{image} A move above 1.31 00 now negates my expectations for a move lower............ SL as shown.
it’s the breaking out of bands but quickly jumping in
I’ve switched to a long at 13083 but it’s going to be a tight one just until we have a breakout.
Insane in the Brain..
  • #841,072
  • Oct 7, 2024 5:39pm Oct 7, 2024 5:39pm
closed +5,7 pips

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Together we can be strongest
Vantage Return This Month: na
  • #841,073
  • Oct 7, 2024 7:54pm Oct 7, 2024 7:54pm
Quoting pipfarm
{quote} This may well be the last sell before the upside resumes , we can now see a clear ABC pattern to the downside with 5 wave impulse in C coming to a climax
Exactly.

Been waiting for it to unfold.
Market Structure is the King.....
  • #841,074
  • Oct 7, 2024 8:46pm Oct 7, 2024 8:46pm
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Market Structure is the King.....
  • #841,075
  • Edited 11:08pm Oct 7, 2024 10:41pm | Edited 11:08pm
As this demand hold for longer time , it may further bounce towards 3150, breakout done upside before too. Watching !
Weekly may take longer time for bear if next possible
Eurusd have enough space to bounce , usdx as testing very strong resistance likely enough correct down in bottom formation still and many many fed rate cuts likely to try hold up or at present level !!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #841,076
  • Oct 7, 2024 11:07pm Oct 7, 2024 11:07pm
Quoting Wavegarrick
{quote} Robknob, this has to be the bestest, dumbest post ever by you and the dumbest ever come across in my 7-year spell here. I saw you open sell trades 3 years ago (2021) and you are still clinging onto the hope that price will reach your breakeven at 1.197. You shout hail Mary when price moves down and bloody Mary when price goes up. What you do not realize is that you are predicting or at least hoping for price to go down. ....
Well thank you Leon, I love it when you get angry...
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  • #841,077
  • Oct 7, 2024 11:12pm Oct 7, 2024 11:12pm
Quoting Wavegarrick
{quote} Yes Sir, Be my guest. Good area to buy.
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...
  • #841,078
  • Oct 7, 2024 11:30pm Oct 7, 2024 11:30pm
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yes yes yes
  • #841,079
  • Oct 7, 2024 11:57pm Oct 7, 2024 11:57pm
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yes yes yes
  • #841,080
  • Oct 8, 2024 12:02am Oct 8, 2024 12:02am
GBPUSD - Sell

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Together we can be strongest
Vantage Return This Month: na
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