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Cable Update (GBPUSD)

  • #843,161
  • Oct 25, 2024 12:25am Oct 25, 2024 12:25am
Quoting Godspromise
{quote} bro thats what I want the most 9-5 is slow death
Don't give up, don't blow all of your trading capital, play the long game, keep notes, be honest to yourself (everyone knows why they are really loosing money in this game!), and you will succeed!
Emotional Control. Process, not outcome.
  • #843,162
  • Oct 25, 2024 12:30am Oct 25, 2024 12:30am
Quoting Whale
{quote} give me good drop.. im waiting too long.
usually, the price goes deep on fridays...let us see.

But why not short and book some profits now ?
Intraday only.
  • #843,163
  • Oct 25, 2024 12:39am Oct 25, 2024 12:39am
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yes yes yes
  • #843,164
  • Edited 1:12am Oct 25, 2024 12:46am | Edited 1:12am
Quoting navk
{quote} usually, the price goes deep on fridays...let us see. But why not short and book some profits now ?
Soon at 29707

edit, open short tp 1.286
sl 30p
  • #843,165
  • Oct 25, 2024 1:17am Oct 25, 2024 1:17am
Quoting Whale
Waiting patiently to 1.285 area to long it to outer space
why 1.285 ?
  • #843,166
  • Oct 25, 2024 1:21am Oct 25, 2024 1:21am
Took long
Double Bottom at resistance that becomes a support at 196.513
Tp 198.431
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yes yes yes
  • #843,167
  • Oct 25, 2024 1:27am Oct 25, 2024 1:27am
Quoting Ziemowit
{quote} why 1.285 ?
I believe this is the pivotal structure of HTF That will hit before or within the election and let the price climbing from there.
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  • #843,168
  • Oct 25, 2024 1:42am Oct 25, 2024 1:42am
Ave GU hourly ranges in points for the last 20 days for interest.
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  • #843,169
  • Oct 25, 2024 1:48am Oct 25, 2024 1:48am
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  • #843,170
  • Oct 25, 2024 1:58am Oct 25, 2024 1:58am
Quoting Waveskierrob
{image}
bearish morning indeed!

damn bulls overate yesterday
Insane in the Brain..
  • #843,171
  • Edited 2:37am Oct 25, 2024 2:18am | Edited 2:37am
G/M, a < 30day adr bullish engulf dly candle y/day, making the 2907 current wkly lo a 2nd LL on that t/f, in the run down from 3434. So far today - a down-move in Asia, and a false 1st downside b/o of Asian lo in early London trading. Asian hi is presently the current dly hi.

1hr below
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Trader with an Edge.
  • #843,172
  • Oct 25, 2024 2:23am Oct 25, 2024 2:23am
looks like bearish 1hr pressure off daily resistance.
Compulsions can be hard to resist
  • #843,173
  • Oct 25, 2024 2:28am Oct 25, 2024 2:28am
...price met buyers @ top of that prev 1hr/minor 4hr sw lo zone = pot supp @ current dly lo...nice rise from there.
Next fib cluster to the upside is 2999-3010, (5,) with Dly R1 @/around 3007.

Will we see an upside follow-thru re y/day's bullish engulf dly candle?

4hr below
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Trader with an Edge.
  • #843,174
  • Oct 25, 2024 2:32am Oct 25, 2024 2:32am
Quoting Headland
...price met buyers @ top of that prev 1hr/minor 4hr sw lo zone = pot supp @ current dly lo...nice rise from there. Next fib cluster to the upside is 2999-3010, (5.) Will we see an upside follow-thru re y/day's bullish engulf dly candle? 4hr below {image}
Yes nice little pop up there despite multiple attempts to stop me out LOL
Lots of stop hunt wicks down the bastards, I swear they are targeting me

With Frankfurt driving price down thought it would bounce up so took the trades on Euro and Cable

Don't want to put the Mozz on Cable but healthy buying here and we could see 1.3000 where bears be lurking.
@ 2975 still a way to go
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Don't Leave Money on the Table
  • #843,175
  • Oct 25, 2024 2:34am Oct 25, 2024 2:34am
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Longed both here now. SLs at recent lows.


  • #843,176
  • Oct 25, 2024 2:38am Oct 25, 2024 2:38am
Go go go
Tp adr high 1.30300
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yes yes yes
  • #843,177
  • Oct 25, 2024 2:39am Oct 25, 2024 2:39am
Quoting HaLBot
{quote} Yes nice little pop up there despite multiple attempts to stop me out LOL Lots of stop hunt wicks down the bastards, I swear they are targeting me With Frankfurt driving price down thought it would bounce up so took the trades on Euro and Cable {image}
Hi, wow that is a 'wicky' chart. Mine looks nothing like that re the lower wicks, lol.

5min below
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Trader with an Edge.
  • #843,178
  • Oct 25, 2024 2:41am Oct 25, 2024 2:41am
14.6 fib ended up capping yesterdays run. D1 chart below.
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  • #843,179
  • Oct 25, 2024 2:45am Oct 25, 2024 2:45am
Quoting Headland
{quote} Hi, wow that is a 'wicky' chart. Mine looks nothing like that re the lower wicks, lol. 5min below {image}
That's a tradingview chart I'm using for as secondary charts just in case my MT4 freezes(really should go over to MT5) and checked MT4 and same as yours.
Not sure why tradingview has so many wicks down but I know when I was buying on mt4 it was wicking like crazy and had to buy a few
times but all good as made some in this mornings euro/london trading
Don't Leave Money on the Table
  • #843,180
  • Oct 25, 2024 3:01am Oct 25, 2024 3:01am
...2nd attempt to get north of the prev 1hr sw hi zone = prev res x 1 = pot res that extends up to Asian/current dly hi meets sellers again....dropping to pot 1hr rbs

1hr below
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Trader with an Edge.
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