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Cable Update (GBPUSD)

  • #841,601
  • Oct 11, 2024 5:55am Oct 11, 2024 5:55am
Quoting donfriday
{quote} Ohh ok, I don't have clue about fundamental side I am just reading the chart on higher tf price data, on a serious side GU is not even expensive . {image}
nor is EU but it droping
USD is in a uptrend..be careful thinking GU is cheap, this idea will affect your trading. Try and follow price and try to remove ideas that can map your thought process
  • #841,602
  • Oct 11, 2024 6:06am Oct 11, 2024 6:06am
Quoting nAVIN2007
{quote} nor is EU but it droping USD is in a uptrend..be careful thinking GU is cheap, this idea will affect your trading. Try and follow price and try to remove ideas that can map your thought process

yeah money management will back up the plan..

always have a bullet remain for next rounds
MY OPINION NOT FINANCIAL ADVISE
  • #841,603
  • Oct 11, 2024 6:12am Oct 11, 2024 6:12am
Red news in 1 hour.

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Together we can be strongest
Vantage Return This Month: na
  • #841,604
  • Oct 11, 2024 6:16am Oct 11, 2024 6:16am
Quoting donfriday
{quote} yeah money management will back up the plan.. always have a bullet remain for next rounds

this thing is all about a good edge and small loss big reward and keep duplicating
  • #841,605
  • Oct 11, 2024 6:32am Oct 11, 2024 6:32am
GBPUSD - Buy

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Together we can be strongest
Vantage Return This Month: na
  • #841,606
  • Oct 11, 2024 6:34am Oct 11, 2024 6:34am
Now that we have crept below daily pivot it’s a chance to revisit yesterday’s lows.
Insane in the Brain..
  • #841,607
  • Oct 11, 2024 6:36am Oct 11, 2024 6:36am
Lets see if it will cros the MA200-M1.

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Together we can be strongest
Vantage Return This Month: na
  • #841,608
  • Oct 11, 2024 6:39am Oct 11, 2024 6:39am
Quoting nAVIN2007
{quote} nor is EU but it droping USD is in a uptrend..be careful thinking GU is cheap, this idea will affect your trading. Try and follow price and try to remove ideas that can map your thought process
especially horizontal lines! Forget it, they were designed to cloud your trading
  • #841,609
  • Oct 11, 2024 6:44am Oct 11, 2024 6:44am
Less than hour for news , may burst down and price may rest at 3060 , top may 3076.anyway will restart half hour after news if get time. Take care.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #841,610
  • Oct 11, 2024 6:47am Oct 11, 2024 6:47am
Quoting mkvy
{quote} especially horizontal lines! Forget it, they were designed to cloud your trading
It does not matter so long as probability wise u can use it with mm and make money
based on great risk to reward
  • #841,611
  • Oct 11, 2024 7:27am Oct 11, 2024 7:27am
Quoting palpite
{quote} Just an idea for you wait the pullback and buy below with stop loss. {image}
I placed the stop loss, just waiting the news.

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Together we can be strongest
Vantage Return This Month: na
  • #841,612
  • Oct 11, 2024 7:46am Oct 11, 2024 7:46am
Quoting KareemAliFx
Buying UJ here stop loss set for just below 148 tp 150
good to wake up to maybe break even but last trade of the week
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Master your mind. Master Trading.
  • #841,613
  • Oct 11, 2024 8:35am Oct 11, 2024 8:35am
USDJPY

Looks like a 4H correction (subdivisions H1) A abc B C impulse, should start to drop soon

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Follow The Markets Structure - Patience and Discipline
  • #841,614
  • Oct 11, 2024 8:41am Oct 11, 2024 8:41am
No real volatility at all.. the US data seemed to be a miss yet despite the spike up we’ve not seen a break above 132 yet
Insane in the Brain..
  • #841,615
  • Edited 9:06am Oct 11, 2024 8:55am | Edited 9:06am
Quoting BeeTogether
No real volatility at all.. the US data seemed to be a miss yet despite the spike up we’ve not seen a break above 132 yet
although the weekly broke it did not confirm, it doesn't need to go to 132
the problem at hand is too much traffic
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #841,616
  • Edited 9:25am Oct 11, 2024 9:07am | Edited 9:25am
back ! no news effects ! no problem till 3087/91 intact it is bear set up , test lows ! so blind short to see
signal will be 3053 breaks out down
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #841,617
  • Oct 11, 2024 9:17am Oct 11, 2024 9:17am
if it closes in the box or above the box, bears should be nervous of the weekly range
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #841,618
  • Edited 9:31am Oct 11, 2024 9:20am | Edited 9:31am
looks like the end for the bulls...the only thing they got left is chewing their cud

price has failed 2 breakout attempts on weekly chart ...the first in august and the second last week with just that one red candle last week ...price will have to reverse back above that sept 16th candle low TODAY or gbp is all washed up the american dollar armada has done to england what the Spanish couldn't LOL

if no reversal by the close of trading today the black line is my longterm target..prolly by valentines day
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short trump and go long the deepstate
  • #841,619
  • Oct 11, 2024 9:20am Oct 11, 2024 9:20am
Quoting Bones
{quote} although the weekly broke it did not confirm, it doesn't need to go to 132 the problem at hand is too much traffic {image}
what I think is strange is we’ve been in this dead end 13120-13020 zone all week with no break out. always next week. I still have my shorts running from 13050 let’s see if it drops below for some money later
Insane in the Brain..
  • #841,620
  • Oct 11, 2024 9:27am Oct 11, 2024 9:27am
Quoting BeeTogether
{quote} what I think is strange is we’ve been in this dead end 13120-13020 zone all week with no break out. always next week. I still have my shorts running from 13050 let’s see if it drops below for some money later
It's not looking like dropping at all. All strength is towards 1.3100....

The support at 1.3040 may be the key winner gathering momentum for the up shift.

It's a dead end.
Market Structure is the King.....
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