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Cable Update (GBPUSD)

  • #843,121
  • Oct 24, 2024 8:55am Oct 24, 2024 8:55am
GU is making head and shoulder pattern and is in the buy region
edit: inverse head and shoulder
Mastering chaos, one trade at a time.
  • #843,122
  • Oct 24, 2024 8:55am Oct 24, 2024 8:55am
IMHO

This current move is not a correction in the current downtrend.

If it was it would be showing 3 move abc up on the 15 as larger degree waves


This maybe the beginning of the reversal ( does not mean i am long) yet
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Follow The Markets Structure - Patience and Discipline
  • #843,123
  • Oct 24, 2024 9:09am Oct 24, 2024 9:09am
this move up continue tomorrow
  • #843,124
  • Oct 24, 2024 9:20am Oct 24, 2024 9:20am
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  • #843,125
  • Oct 24, 2024 9:20am Oct 24, 2024 9:20am
Quoting Wavegarrick
{quote} You have not made a dime since 2021. You widely broadcasted your sell signal at 1.197. You are clinging to the hope of price going down and I see and am sure many here have noticed your great desire to see price drop. It isn't going happen in a jiffy. I suggest you take your losses and restart.
Well well well, there it is Leon, Breakeven thanks for all your interest in my Downdraw, hope you can sleep at night now, the difference between you and me is that you wait for the price to come to you, whereas I make my own price, hope we can still be friends good luck with your TP of 1.4000, maybe show us an updated chart, as you've been a bit quite of late...
  • #843,126
  • Oct 24, 2024 9:31am Oct 24, 2024 9:31am
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yes yes yes
  • #843,127
  • Oct 24, 2024 9:38am Oct 24, 2024 9:38am
it will be 1.30-1.30130.after maybe down,because 1h is down.if 1h reverse ,can be big trend up.
  • #843,128
  • Oct 24, 2024 9:39am Oct 24, 2024 9:39am
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Longed BP here , now , as shown.......SL at 29 40 ............Hope it works....

  • #843,129
  • Oct 24, 2024 9:47am Oct 24, 2024 9:47am
waiting breaks up 2960/2 from below 2954 . take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #843,130
  • Oct 24, 2024 10:01am Oct 24, 2024 10:01am
Man gbpusd is so slow bro gotta be use for swing trading
  • #843,131
  • Oct 24, 2024 10:14am Oct 24, 2024 10:14am
I have taken long from 1.2969 , because because for past 3hrs it did not close below 21 moving average. TP 1.30 its about 30 PIPs
  • #843,132
  • Oct 24, 2024 10:40am Oct 24, 2024 10:40am
Quoting Fardeen1209
{quote} Hi bro, I was thinking about this setup for the next couple weeks. {image} BTW whats your take for OCt 31 BOJ meeting? Inf data pretty much in line with BOJ JULY eco project'n
UJ

Bro,
sorry for late reply, as usual travelling.

Scalping SHORT UJ as it moves towards important event by month end.

The summise of BOJ & chances of interest rate hikes, vs US Interest Rate cut.
The Bank of Japan (BOJ) is holding a policy meeting on October 31, just after Japan’s general election.

Here's what to expect:
Interest Rates: The BOJ isn't expected to raise interest rates in October.
Although it raised rates earlier this year and inflation is stable at 2%, the BOJ wants to be cautious, especially with economic uncertainty and political events like the U.S. and Japan's elections.

Market Signals: The BOJ's report on economic growth and inflation will give hints about future rate hikes.
If inflation stays around 2% and wages increase, the BOJ might raise rates later, but risks like global slowdowns could delay this.

Governor’s Speech: BOJ Governor Ueda’s briefing after the meeting could provide clues on future rate hikes.
Watch for his comments on the yen, as its decline has contributed to inflation.
A further yen drop might influence future rate decisions.

Rate Hike Timing: Analysts think the BOJ may hold off on rate hikes until next year, with a potential increase by March 2024.

Challenges: Wage growth and political factors could complicate future rate hikes.
If wage hikes slow or political pressure builds after the election, the BOJ’s plan to raise rates further might face delays.

Will add more view as we move on closed to BOJ rate decision 31st Oct.

Self explanatory marked up chart of scalping position for UJ.(below)

Take car e & stay green bro.

PAT
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #843,133
  • Oct 24, 2024 10:56am Oct 24, 2024 10:56am
Quoting Pat Chiko
{quote} GU update some mixed scalping position{image} {image}
GU

Cash out few more , as waititng for confirmation price starting to change direction once strucutre broken.
Holding few more short scalp , but starting to built up long scalping position.
If the next moves confirmation completion of Wave A, the correction for EW B is in the making.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #843,134
  • Oct 24, 2024 11:07am Oct 24, 2024 11:07am
Quoting Waveskierrob
{quote} Well well well, there it is Leon, Breakeven thanks for all your interest in my Downdraw, hope you can sleep at night now, the difference between you and me is that you wait for the price to come to you, whereas I make my own price, hope we can still be friends good luck with your TP of 1.4000, maybe show us an updated chart, as you've been a bit quite of late...
Hi. Gotta say well done...you waited until a rally bearish market before averaging and then did so aggressively. It was a hi-probability way of curing that drawdown. You never hid it, or denied it, and re WG's drawdown in that smaller account of his, for which he posted then withdrew the TE, it would be good to know how it panned out too, and whilst he may not thank me for saying this, I mean it in a genuine way.
Trader with an Edge.
  • #843,135
  • Oct 24, 2024 11:14am Oct 24, 2024 11:14am
Quoting Waveskierrob
{quote} Well well well, there it is Leon, Breakeven thanks for all your interest in my Downdraw, hope you can sleep at night now, the difference between you and me is that you wait for the price to come to you, whereas I make my own price, hope we can still be friends good luck with your TP of 1.4000, maybe show us an updated chart, as you've been a bit quite of late...

Oh Karen. (Neil Sadaka song....)
Inserted Video


Bless her heart, she’s been having a tough time in the trading world lately.
Since her dramatic entrance on the 26th of September, her live trade calls have been... "For die hard bulls"... a bit like trying to grill a steak with a hairdryer.

She’s really outdone herself this time with two more 'live' calls—both went down faster than a meme stock in free fall.

But you know what?
I think it’s time we wave our little white flag and let Karen have her moment in the sun (even if it’s a hindsight one).

If claiming victory in trades that didn’t quite work out makes her feel like the queen of Wall Street—and earns her a hug from the wife every day—then who are we to stand in the way of domestic bliss?

By the way, huge thanks for granting me full VIP permission to short GBP/USD on the 8th of October. Very kind of you! I’ll ride that baby until it either hits rock bottom or Karen miraculously posts a winning trade."

Strike One
Quoting Wavegarrick
{quote} For die hard bulls like me. {image} {image}
Strike Two
Quoting Wavegarrick
{quote} Flash in the pan. For early beavers only. Cheers. {image}
Strike Three
Quoting Wavegarrick
{quote} Buy trade opened at 1.30428. Trade safe. {image}


P/S By the way, huge thanks for granting me full VIP permission to short GBP/USD on the 8th of October.
Very kind of you! I’ll ride that baby until it either hits rock bottom or Karen miraculously posts a winning trade.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #843,136
  • Oct 24, 2024 11:22am Oct 24, 2024 11:22am
Checking pa as resting before sleep , good bounce try / daily engulfing but not enough yet may next try for early signal at 2995 . And may correct below 2948 to do so ! Take care
Eurusd did better now limit 0812 may bounce further
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #843,137
  • Oct 24, 2024 11:26am Oct 24, 2024 11:26am
A decent correction day. Im still under at 13030 however 13010 is where I’d be looking to cut losses and start again. Tomorrow fryday let’s see if both sides get burnt
Insane in the Brain..
  • #843,138
  • Oct 24, 2024 11:27am Oct 24, 2024 11:27am
Quoting Pat Chiko
{quote} Oh Karen. (Neil Sadaka song....) https://www.youtube.com/watch?v=e72tG80LmsU Bless her heart, she’s been having a tough time in the trading world lately. Since her dramatic entrance on the 26th of September, her live trade calls have been... "For die hard bulls"... a bit like trying to grill a steak with a hairdryer. She’s really outdone herself this time with two more 'live' calls—both went down faster than a meme stock in free fall. But you know what? I think it’s time we wave our little white flag and let Karen have her moment...
Hi Pat. Perhaps WG would post more again if he wasn't pounced upon and subject to ridicule every time he does. Stop holding him to a higher standard re late trade calls, you too do it, ie you dont post every trade in realtime, and plenty of others here do it too. Yes he's made mistakes, (who hasn't,?) and I am aware of the history, but please consider ' letting it go ' now. He too has a right to post here without fear or favour, and he too similarly really should end this enmity. I post this in the best of faith and good will.
Trader with an Edge.
  • #843,139
  • Oct 24, 2024 12:16pm Oct 24, 2024 12:16pm
Quoting Headland
{quote} Hi Pat. Perhaps WG would post more again if he wasn't pounced upon and subject to ridicule every time he does. Stop holding him to a higher standard re late trade calls, you too do it, ie you dont post every trade in realtime, and plenty of others here do it too. Yes he's made mistakes, (who hasn't,?) and I am aware of the history, but please consider ' letting it go ' now. He too has a right to post here without fear or favour, and he too similarly really should end this enmity. I post this in the best of faith and good will.
I wish you had done the same back in December 2021 and stood up against what I went through.
Waveskie and a few others stood up for me, but I eventually stopped posting in this thread for six months.

When I tried to make things right, suddenly, I was painted as the troublemaker.
It’s like how the U.S., UK, and Saudi gang up to attack Yemen, but when Yemen fights back, they're labeled as terrorists.

At first, I tried to avoid conflict and moved on to another thread, but she kept coming back until it was time to stand my ground.

My late father, who was a lawyer, always taught us:
When you’re in the right, stand up and fight.
When you’re in the wrong, stand up and apologize.

I’m still waiting for her apology for those unethical reports to the FF moderators.

And,you may've missed the same thing happened to Goreg when she tried to troll him.
That is, until Goreg pulled out her chart and exposed her with those photoshopped trades


Thanks for your advice. but.....
As the saying goes, you reap what you sow, and eventually, she had to taste her own poison

Peace
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #843,140
  • Oct 24, 2024 12:42pm Oct 24, 2024 12:42pm
Quoting Headland
{quote} Hi. Gotta say well done...you waited until a rally bearish market before averaging and then did so aggressively. It was a hi-probability way of curing that drawdown. You never hid it, or denied it, and re WG's drawdown in that smaller account of his, for which he posted then withdrew the TE, it would be good to know how it panned out too, and whilst he may not thank me for saying this, I mean it in a genuine way.
Many thanks for your post...
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