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Cable Update (GBPUSD)

  • #841,141
  • Oct 8, 2024 6:36am Oct 8, 2024 6:36am
NYO today could provide good opportunity if we are patient. Today is Tuesday, I don't believe that gonna be tight range like yesterday.
With courage, patience, and discipline, success is a matter of time.
  • #841,142
  • Edited 6:52am Oct 8, 2024 6:37am | Edited 6:52am
no signal up on h1,only find where to sell
  • #841,143
  • Oct 8, 2024 6:42am Oct 8, 2024 6:42am
Quoting palpite
GBPUSD - buy {image}
closed + 25,4 pips

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Together we can be strongest
Vantage Return This Month: na
  • #841,144
  • Oct 8, 2024 6:45am Oct 8, 2024 6:45am
BE now at 1.2000 Leon
  • #841,145
  • Oct 8, 2024 6:47am Oct 8, 2024 6:47am
I’m not convinced a long is warranted based on Price Action.
Discouragement is the language of the devil. Results over hype.
  • #841,146
  • Oct 8, 2024 6:48am Oct 8, 2024 6:48am
Quoting imjoshbrown
{quote} 13 hours ago I talked about going long - Directional bias is still long, and now that the price action structure is better developed, I can show to you exactly why a lot of traders lose. - Overtrading, not waiting for the setup. - When dealing with M and W patterns, it's always recommended to wait for a distinctive trend ceiling (in M patterns) or floor (in W patterns) to develop. In other words, WAIT for that Low or high of the day to be put in. - In this instance, I was using last week's low put in by news to become my reference point...
You are spotted.

That's the picture in my brain and reason why short was to be ignored yesterday.

But ! market has a way of rationally distributing money to all good traders irrespective of differences in perception.

Nice write - up from you.
Market Structure is the King.....
  • #841,147
  • Oct 8, 2024 6:49am Oct 8, 2024 6:49am
Quoting imjoshbrown
I’m not convinced a long is warranted based on Price Action.
All Long. At least to 1.314
  • #841,148
  • Oct 8, 2024 6:50am Oct 8, 2024 6:50am
Quoting Abeylyn
{quote} You are spotted. That's the picture in my brain and reason why short was to be ignored yesterday. But ! market has a way of rationally distributing money to all good traders irrespective of differences in perception. Nice write - up from you.

Thank you!
Discouragement is the language of the devil. Results over hype.
  • #841,149
  • Oct 8, 2024 6:54am Oct 8, 2024 6:54am
signal buy on m15 was,m30 and 1h sell only.
  • #841,150
  • Oct 8, 2024 6:55am Oct 8, 2024 6:55am
Quoting imjoshbrown
{quote} Thank you!
It's even meaningless if price fails to go up but highly evident the setup is an higher probability setup and can lead to great success especially when executed on higher time frame.
Market Structure is the King.....
  • #841,151
  • Oct 8, 2024 6:57am Oct 8, 2024 6:57am
But i tell you daily buy only from 1.22 and 1.26.
daily trend heavy is up. this is correction.
  • #841,152
  • Oct 8, 2024 7:00am Oct 8, 2024 7:00am
Quoting Waveskierrob
{quote} Absolutely beautiful...
Mr Waveskie,

do i have your permission to SHORT now ?.........
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I come from the future.
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  • #841,153
  • Oct 8, 2024 7:04am Oct 8, 2024 7:04am
Quoting viktoriaxz
signal buy on m15 was,m30 and 1h sell only.

Hourly doesn't look like a sell signal at all
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Don't Leave Money on the Table
  • #841,154
  • Oct 8, 2024 7:04am Oct 8, 2024 7:04am
Quoting Pat Chiko
{quote} Mr Waveskie, do i have your permission to SHORT now ?.........{image} {image}
Welcome back Patski....
  • #841,155
  • Oct 8, 2024 7:05am Oct 8, 2024 7:05am
Quoting Yngwie
Sold 1.3105
closed
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #841,156
  • Oct 8, 2024 7:08am Oct 8, 2024 7:08am
Quoting BeeTogether
{quote} it’s a maybe we have seen a rejection of 131 a few times
If he took the profit when I told him to, he wouldn't be closing at break even or loss.

Was just perfect time to take profit as a move up was looking probable.
  • #841,157
  • Oct 8, 2024 7:09am Oct 8, 2024 7:09am
Quoting Yngwie
{quote} closed
Wish you took that advice and took profit rather than closing without profit.

But that's normal. We go again.
  • #841,158
  • Oct 8, 2024 7:09am Oct 8, 2024 7:09am
Quoting Jackoboms
{quote} If he took the profit when I told him to, he wouldn't be closing at break even or loss. Was just perfect time to take profit as a move up was looking probable.
You are brilliant where have you been all our lives...
  • #841,159
  • Oct 8, 2024 7:10am Oct 8, 2024 7:10am
Quoting imjoshbrown
I’m not convinced a long is warranted based on Price Action.
Same from here. Not really price action.

The long candle stick printed by NFP news release is really not in conformity with structure. It shows the possibility of someone/entity trying to work against an acceptable order. The effect is that market turn from trending to range and sentiment from short to long. The only relevant high low were printed since last week. All activities in this week are just noice until real high / low zone are broken to either side.

The market is very large with lots of smart people connected together so no principality can overturn the order.

That's my perspective.
Market Structure is the King.....
  • #841,160
  • Oct 8, 2024 7:12am Oct 8, 2024 7:12am
Quoting Yngwie
{quote} closed
Always trade your setups, don't always buy the opinions of others, it could be your best trade, if it becomes a loss, you learn from it and move on
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