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Cable Update (GBPUSD)

  • #841,301
  • Edited Oct 10, 2024 1:37am Oct 9, 2024 5:14am | Edited Oct 10, 2024 1:37am
In this session so far the daily holds, NY can change/test it,
'In the clearing stands a boxer And a fighter by his trade..'
  • #841,302
  • Oct 9, 2024 5:18am Oct 9, 2024 5:18am
Quoting Moty
For 15 pips 10 pips sl {image}
Need wait, but i think it will go up.

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Together we can be strongest
Vantage Return This Month: na
  • #841,303
  • Oct 9, 2024 5:18am Oct 9, 2024 5:18am
Quoting GOR
In this session so far the daily holds, NY can change/test it, {image}
The close will be what counts
Its all just one persons opinion
  • #841,304
  • Oct 9, 2024 5:21am Oct 9, 2024 5:21am
Quoting GOR
In this session so far the daily holds, NY can change/test it, {image}
GBP daily

I have it below support with a daily close, and a daily butterfly short going to plan.
apologies for the messy chart.

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Its all just one persons opinion
  • #841,305
  • Oct 9, 2024 5:23am Oct 9, 2024 5:23am
Heres my weekly GU

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Its all just one persons opinion
  • #841,306
  • Oct 9, 2024 6:09am Oct 9, 2024 6:09am
Quoting axecap
{quote} GBP daily I have it below support with a daily close, and a daily butterfly short going to plan. apologies for the messy chart. {image}
Hi pally,

Daily Support has not completed it's formation though we are within the zone. My statement will hold except we have different definition for daily support.

View the chart sent earlier on this thread by Ahz to confirm my own thoughts.

Happy trading.
Market Structure is the King.....
  • #841,307
  • Oct 9, 2024 6:10am Oct 9, 2024 6:10am
Quoting Abeylyn
{quote} Hi pally, Daily Support has not completed it's formation though we are within the zone. My statement will hold except we have different definition for daily support. View the chart sent earlier on this thread by Ahz to confirm my own thoughts. Happy trading.
Sent by Azhan ..
Market Structure is the King.....
  • #841,308
  • Oct 9, 2024 6:11am Oct 9, 2024 6:11am
Quoting Headland
{quote} Hi. Actually I wouldn't have called that 1st level on left of your chart 'key support.' To me it was a previous minor swing lo zone that was breached to the downside (yes only just,) but the 2nd swing lo zone then formed on that t/f - is I think more 'key' than the 1st, in that it is a fractal swing lo now on t/f's above it too. Just different ways of looking at things I guess, but my definition of 'key' is when the fractal swing also exists as such on t/f's above the one it is 1st present on. As for probabilities, well that's for us all...
Sorry for the misunderstanding about WORD "False Break". Even though we do not on the same principles, but ideas are still there. Thank you for your guidelines and sharing. Appreciated
Look right, we'll see the signs
  • #841,309
  • Oct 9, 2024 6:12am Oct 9, 2024 6:12am
GBPUSD daily Swing Analysis,
It goes down very fast since the october open we still have 3 and half week before close.
Last week low is being tested for two days. For now contracting bulls and bears are equal. I'm long assuming it will make a new high this month.
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  • #841,310
  • Oct 9, 2024 6:17am Oct 9, 2024 6:17am
Quoting Bones
{image}
What a waste of week honestly. Hopefully tomorrow's CPI will create some volatility to trade
You have to have an IQ higher than 90 to interact with this user.
  • #841,311
  • Oct 9, 2024 6:24am Oct 9, 2024 6:24am
Quoting Nordling
{quote} What a waste of week honestly. Hopefully tomorrow's CPI will create some volatility to trade
yup a real slow one. Something has to crack either 13050 or 131
Insane in the Brain..
  • #841,312
  • Oct 9, 2024 6:31am Oct 9, 2024 6:31am
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yes yes yes
  • #841,313
  • Oct 9, 2024 6:39am Oct 9, 2024 6:39am
.. and with hidden bullish divs building on H4, maybe 1st pullback in this quarter is ready to go
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Air force
  • #841,314
  • Oct 9, 2024 6:47am Oct 9, 2024 6:47am
Waiting a bottom test 3060 play ! Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #841,315
  • Oct 9, 2024 6:49am Oct 9, 2024 6:49am
Come on mister dxy smexy
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yes yes yes
  • #841,316
  • Oct 9, 2024 7:00am Oct 9, 2024 7:00am
GBPUSD - Buy

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Together we can be strongest
Vantage Return This Month: na
  • #841,317
  • Oct 9, 2024 7:07am Oct 9, 2024 7:07am
Switched to long
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yes yes yes
  • #841,318
  • Oct 9, 2024 7:19am Oct 9, 2024 7:19am
Quoting Moty
Switched to long {image}
And took long at eu
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yes yes yes
  • #841,319
  • Oct 9, 2024 7:19am Oct 9, 2024 7:19am
Slow the last few days, but other pairs moving reasonably well,.. not necessary to always trade cable which is probably the most difficult pair , look at NZDCHF been brilliant to trade this week.

Some people were convinced gold was going up , well look at it now, i think i fluffed the entry but still it has moved down.

So buying GU was not a good idea thus far, of course it could turn round or it could just be short for the rest of the year and beyond
Follow The Markets Structure - Patience and Discipline
  • #841,320
  • Oct 9, 2024 7:54am Oct 9, 2024 7:54am
Quoting Moty
{quote} And took long at eu {image}
I'm lost
But i know that it will go to 1.30000
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yes yes yes
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