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Cable Update (GBPUSD)

  • #841,741
  • Oct 14, 2024 4:56am Oct 14, 2024 4:56am
What doing eurusd ! Correct to up next possible !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #841,742
  • Oct 14, 2024 5:02am Oct 14, 2024 5:02am
Quoting Abeylyn
{quote} Give evidence to validate the fall to 1.2820 is compulsory ? I need to learn from your perspective. What are you viewing, weekly/monthly chart.... Pivot... SMA ... ? Thanks.
Hi. He won't tell you - he pops here every now and again predicting armegedon for the £ and he has been consistently wrong so far, like another that does the same. Maybe this time he will be right,? I mean even a broken clock is right twice a day.
Trader with an Edge.
  • #841,743
  • Oct 14, 2024 5:25am Oct 14, 2024 5:25am
Quoting Headland
{quote} Hi. He won't tell you - he pops here every now and again predicting armegedon for the £ and he has been consistently wrong so far, like another that does the same. Maybe this time he will be right,? I mean even a broken clock is right twice a day.
Market Structure is the King.....
  • #841,744
  • Oct 14, 2024 5:28am Oct 14, 2024 5:28am
uj trying to take out the neckline of inverse head and shoulders on the daily.
  • #841,745
  • Oct 14, 2024 5:33am Oct 14, 2024 5:33am
13050 seems to be the current support line. Need a break below for 13030-13010
Insane in the Brain..
  • #841,746
  • Oct 14, 2024 5:36am Oct 14, 2024 5:36am
...price broke downside of the prev minor 1hr sw lo's now testing them from underside as pot sbr. Still rangy/mixed intraday right now. 3040 is Asian lo/current dly lo, just below Fri's lo, but above last week's lo which is @ 3015.

1hr below
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Trader with an Edge.
  • #841,747
  • Oct 14, 2024 5:45am Oct 14, 2024 5:45am
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  • #841,748
  • Oct 14, 2024 5:45am Oct 14, 2024 5:45am
Quoting Abeylyn
{quote} Give evidence to validate the fall to 1.2820 is compulsory ? I need to learn from your perspective. What are you viewing, weekly/monthly chart.... Pivot... SMA ... ? Thanks.
1.2820 is the bottom of the monthly up channel. If you believe in channels that is.
  • #841,749
  • Oct 14, 2024 5:57am Oct 14, 2024 5:57am
GBPUSD - Buy

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Together we can be strongest
Vantage Return This Month: -97.0%
  • #841,750
  • Oct 14, 2024 5:58am Oct 14, 2024 5:58am
Quoting Nala66
{quote} 1.2820 is the bottom of the monthly up channel. If you believe in channels that is.
Hi. Do you mean the ascending t/line that joins 0327 with 2300, which on today's dly candle actually comes thru circa 2880-90?

mthly below
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Trader with an Edge.
  • #841,751
  • Oct 14, 2024 6:00am Oct 14, 2024 6:00am
Come on mister candle
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yes yes yes
  • #841,752
  • Oct 14, 2024 6:04am Oct 14, 2024 6:04am
...sudden rush of blood to the head for the bulls there from pot 1hr supp...pot 5min bullish exp tri in the making?

1hr below
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Trader with an Edge.
  • #841,753
  • Oct 14, 2024 6:21am Oct 14, 2024 6:21am
S1 at 13045 holding so far..
Insane in the Brain..
  • #841,754
  • Oct 14, 2024 6:26am Oct 14, 2024 6:26am
Long GU 3050 EU 0918
People don't plan to lose. They lose because they don't plan.
  • #841,755
  • Oct 14, 2024 6:27am Oct 14, 2024 6:27am
Quoting Nala66
{quote} 1.2820 is the bottom of the monthly up channel. If you believe in channels that is.
Oooh! okay noted

Let's watch and see what the market has in stock for allofus.
Market Structure is the King.....
  • #841,756
  • Oct 14, 2024 6:27am Oct 14, 2024 6:27am
Never underestimate the power of king USD
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Master your mind. Master Trading.
  • #841,757
  • Oct 14, 2024 6:28am Oct 14, 2024 6:28am
Quoting ScalaFX
Long GU 3050 EU 0918
Stop and TP ?
Market Structure is the King.....
  • #841,758
  • Oct 14, 2024 6:42am Oct 14, 2024 6:42am
Usdx testing 103 handle !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #841,759
  • Oct 14, 2024 6:44am Oct 14, 2024 6:44am
Quoting ScalaFX
Long GU 3050 EU 0918

I follow this woman Lingrid on tradingview, not a paid subscription and this is her view on when Euro should bounce and it's the same as my idea which is the 1.0870 level but I hope your right and the buying starts before it gets down that far
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Don't Leave Money on the Table
  • #841,760
  • Oct 14, 2024 6:51am Oct 14, 2024 6:51am
I think the best choice is to wait until breakout as right now the uncertainty is too high to execute trade for me. Bulls and Bear are fighting hard in this consolidation zone. Bear won, market might drop to 1.29-1.28 zone. Bull won, we may see the skyrocket to 1.32-1.325 zone.

Wait breakout to confirm and trade the continuation is decent decision in this market condition. I must treat this trade as this is the last trade of my life.
With courage, patience, and discipline, success is a matter of time.
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