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Cable Update (GBPUSD)

  • #842,301
  • Oct 17, 2024 9:05am Oct 17, 2024 9:05am
Quoting navk
Made a good money in Asia in buying, in frankfurt too, the price seems to have formed a bottom ( time being ), on this basis, bought and made good money. Then came LO. It was choppy. On long trades,,, the price hit my stop loss. Then i decided to give time and went to sleep. Later in NY session, i made good recovery in profits. Final tally 2k. Closed my mt4.
good stuff bro
  • #842,302
  • Oct 17, 2024 9:07am Oct 17, 2024 9:07am
Quoting ScalaFX
adding to EU longs 0830
with you actually
Master your mind. Master Trading.
  • #842,303
  • Oct 17, 2024 9:11am Oct 17, 2024 9:11am
Quoting KareemAliFx
{quote} with you actually
good luck to us! Im building this EU for long term targeting 1.14 1.15 so will add more if necessery
People don't plan to lose. They lose because they don't plan.
  • #842,304
  • Oct 17, 2024 9:13am Oct 17, 2024 9:13am
Quoting pipfarm
{quote} 3022 is close enough just waiting for the time to short maybe 3009 ish
I don't think market is prepared to go short at the moment.

It's just a mere battle with higher degree of success in favor of buyers.

Just my perspective viewing the finger print of the MM

But if sentiment changes to Short, I will join the party at point C.
Market Structure is the King.....
  • #842,305
  • Oct 17, 2024 9:15am Oct 17, 2024 9:15am
Quoting ScalaFX
{quote} good luck to us! Im building this EU for long term targeting 1.14 1.15 so will add more if necessery
I’m hoping to reverse from 1.08000 if not I layer buys 1.0775
Master your mind. Master Trading.
  • #842,306
  • Oct 17, 2024 9:15am Oct 17, 2024 9:15am
Hello Pipcenturion ,

Longest time.
Market Structure is the King.....
  • #842,307
  • Oct 17, 2024 9:46am Oct 17, 2024 9:46am
130 providing some descent resistance here. A break above takes us to daily pivot area. We may have seen todays high though as we see ranging now
Insane in the Brain..
  • #842,308
  • Oct 17, 2024 9:47am Oct 17, 2024 9:47am
Going for a UJ buy here too
Master your mind. Master Trading.
  • #842,309
  • Oct 17, 2024 9:52am Oct 17, 2024 9:52am
Quoting Abeylyn
{quote} I don't think market is prepared to go short at the moment. It's just a mere battle with higher degree of success in favor of buyers. Just my perspective viewing the finger print of the MM But if sentiment changes to Short, I will join the party at point C.
We shall see, i am just waiting for it go back to 3009 -13 but no higher than 3023 and then depending what it does after that i will make my decision when to enter
Follow The Markets Structure - Patience and Discipline
  • #842,310
  • Oct 17, 2024 10:09am Oct 17, 2024 10:09am
Quoting Zebi
i wish price gets to 3035/40 so I can short from up there still flat and have to leave in an hour so might short on my phone so wont be texting in here while driving
me too but at this rate there is no volatility we’d be lucky to see 13010-20
Insane in the Brain..
  • #842,311
  • Oct 17, 2024 10:18am Oct 17, 2024 10:18am
though i enter high this gbpusd . as was 3020 was best possible bounce if breaks up 3000 , may not work at all today . still waiting if some pips at least least day end ! high probabilities but least benefit if comparing to eurusd today ! may need more time to do it !at least 2969/59 to 48 minimum expected ! lets see
so now normal pa to follow breaks 2890 to see reaction at 2982 , breaks then easy 2970 at leas today then ! 2959 better to keep for next day news !
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 18 KB
Click to Enlarge Name: GBPUSDM151.png Size: 15 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #842,312
  • Oct 17, 2024 10:19am Oct 17, 2024 10:19am
Quoting pipfarm
{quote} We shall see, i am just waiting for it go back to 3009 -13 but no higher than 3023 and then depending what it does after that i will make my decision when to enter
Yeah! I will surely make adjustments if down move is confirmed. But honestly, it's better for allofus to Short around 1.3055/60. There, there is the assurance to ride the trend down down lower at least Daily ATR.
Market Structure is the King.....
  • #842,313
  • Oct 17, 2024 10:30am Oct 17, 2024 10:30am
  • #842,314
  • Oct 17, 2024 10:32am Oct 17, 2024 10:32am
Quoting Abeylyn
{quote} Yeah! I will surely make adjustments if down move is confirmed. But honestly, it's better for allofus to Short around 1.3055/60. There, there is the assurance to ride the trend down down lower at least Daily ATR.
1.3035/37 also looks good. It also gives an edge for trade management.
Market Structure is the King.....
  • #842,315
  • Oct 17, 2024 10:35am Oct 17, 2024 10:35am
3028 minimum target for longs
Intraday only.
  • #842,316
  • Oct 17, 2024 10:40am Oct 17, 2024 10:40am
Eurusd longs closed short scalp looking to short 1.08500
Master your mind. Master Trading.
  • #842,317
  • Oct 17, 2024 10:40am Oct 17, 2024 10:40am
Quoting Abeylyn
{quote} Yeah! I will surely make adjustments if down move is confirmed. But honestly, it's better for allofus to Short around 1.3055/60. There, there is the assurance to ride the trend down down lower at least Daily ATR.
Just concentrate on your own trading , i am not shorting nothing yet when the time is right if at all i will know, thanks
Follow The Markets Structure - Patience and Discipline
  • #842,318
  • Oct 17, 2024 10:40am Oct 17, 2024 10:40am
Quoting BeeTogether
{quote} me too but at this rate there is no volatility we’d be lucky to see 13010-20
I eat my words… what the heck happened for this breakout?
Insane in the Brain..
  • #842,319
  • Oct 17, 2024 10:42am Oct 17, 2024 10:42am
what a sudden jump with very positive crude oil inventories !! should loose all this gain !! by next hour !
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1.png Size: 16 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #842,320
  • Oct 17, 2024 10:45am Oct 17, 2024 10:45am
Quoting pipfarm
{quote} Just concentrate on your own trading , i am not shorting nothing yet when the time is right if at all i will know, thanks

I was waiting for this return swing and then a break of 2979 for a new downtrend after the correction, it might well be the correction will go higher but that means nothing to me except for more waiting.
Follow The Markets Structure - Patience and Discipline
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