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Cable Update (GBPUSD)

  • #843,941
  • Nov 1, 2024 5:57am Nov 1, 2024 5:57am
Quoting Jade Gate
This is interesting 200 ema red, cable touched it and bounced up. Previous touches resistance. 200 ema - gorilla or trampoline. {image}
weekly?... or .. I think you mean daily 200 ema?
Its all just one persons opinion
  • #843,942
  • Nov 1, 2024 6:01am Nov 1, 2024 6:01am
Quoting axecap
{quote} weekly?... or .. I think you mean daily 200 ema?
Weekly, says so on the chart top left corner
  • #843,943
  • Nov 1, 2024 6:03am Nov 1, 2024 6:03am
Quoting Waveskierrob
Bear still hungry, bear eat dancing lion...

How utterly cruel and pathetic!
The bear is trying to devour the old lion, a once-mighty troller, now reduced to this tragic state.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #843,944
  • Nov 1, 2024 6:03am Nov 1, 2024 6:03am
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yes yes yes
  • #843,945
  • Nov 1, 2024 6:08am Nov 1, 2024 6:08am
Quoting Jade Gate
{quote} Weekly, says so on the chart top left corner
yes , I saw that but ema 200 not touched on the weekly
Its all just one persons opinion
  • #843,946
  • Nov 1, 2024 6:12am Nov 1, 2024 6:12am
Quoting axecap
{quote} weekly?... or .. I think you mean daily 200 ema?
Daily chart, touched the 200 sma (purple), hasn't yet hit the 200 ema (red). Inclined towards higher time frames ruling the day, i.e. weekly.
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  • #843,947
  • Edited 6:43am Nov 1, 2024 6:14am | Edited 6:43am
Quoting pipfarm
{quote} 5 minute chart A (abc B) C {image} correction in H1 wave , does not mean instantly short because C might not be over yet, we wait for a 2nd degree swing down with a 3rd degree wave downtrend or we can bybass the first 2nd degree swing down and wait for it to break the last higher low 2nd degree swing and trade the next

C is an impulse

So NFP could be up as only one wave is complete in C


edit - might be 2 up waves complete for C so the next up could be the last so either way i see NFP as a a sharp up but probably will not hold so quick in and out if trading it.
Follow The Markets Structure - Patience and Discipline
  • #843,948
  • Nov 1, 2024 6:15am Nov 1, 2024 6:15am
Quoting Jade Gate
{quote} Daily chart, touched the 200 sma (purple), hasn't yet hit the 200 ema (red). Inclined towards higher time frames ruling the day, i.e. weekly. {image}
yes correct so 200 weekly ema not touched... was all i was saying
Its all just one persons opinion
  • #843,949
  • Nov 1, 2024 6:19am Nov 1, 2024 6:19am
Quoting axecap
{quote} yes correct so 200 weekly ema not touched... was all i was saying
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  • #843,950
  • Nov 1, 2024 6:23am Nov 1, 2024 6:23am
Quoting pipfarm
{quote} C is an impulse So NFP could be up as only one wave is complete in C

A (abc B) C is a 2nd degree reversal in H1
Follow The Markets Structure - Patience and Discipline
  • #843,951
  • Nov 1, 2024 6:24am Nov 1, 2024 6:24am
Quoting Jade Gate
{quote} {image}
um...not trying to be pedantic but thats the same chart you already posted and unless you have unusual settings on your 200 EMA weekly on GBPUSD ...the red line is something else.
Its all just one persons opinion
  • #843,952
  • Nov 1, 2024 6:30am Nov 1, 2024 6:30am
Quoting pipfarm
{quote} C is an impulse So NFP could be up as only one wave is complete in C
quite possibly.. there is also other data releases at the same time too which may cause some crazy movement
Insane in the Brain..
  • #843,953
  • Nov 1, 2024 6:33am Nov 1, 2024 6:33am
Quoting axecap
{quote} um...not trying to be pedantic but thats the same chart you already posted and unless you have unusual settings on your 200 EMA weekly on GBPUSD ...the red line is something else.
Mea cupla, you are correct. Red is 200 sma, not 200 ema. Purple is the 200 ema. It's late here, I'm tired. Trying to stay awake for NFP. Remind me to move to some other more trading friendly time zone ok?
  • #843,954
  • Nov 1, 2024 6:37am Nov 1, 2024 6:37am
Quoting Jade Gate
{quote} Mea cupla, you are correct. Red is 200 sma, not 200 ema. Purple is the 200 ema. It's late here, I'm tired. Trying to stay awake for NFP. Remind me to move to some other more trading friendly time zone ok?
....its later here!
Its all just one persons opinion
  • #843,955
  • Nov 1, 2024 6:39am Nov 1, 2024 6:39am
Quoting Jade Gate
{quote} Mea cupla, you are correct. Red is 200 sma, not 200 ema. Purple is the 200 ema. It's late here, I'm tired. Trying to stay awake for NFP. Remind me to move to some other more trading friendly time zone ok?
The only reason i noticed is because your posts are usually very correct.... so i had to check my chart
Its all just one persons opinion
  • #843,956
  • Nov 1, 2024 6:51am Nov 1, 2024 6:51am
Not looking to go lower right now.. maybe after NFp is data is green
Insane in the Brain..
  • #843,957
  • Nov 1, 2024 7:11am Nov 1, 2024 7:11am
Quoting Konichiwhaat
{quote} BE on the long. Shorts triggered at 2900
SL.
November is here, meaning just over one more month of the trading year left for me! April to June was tricky, but July to now has just been incredible, with lovely large daily trends!

Good luck scalpers with NFP Have a great weekend. Don't forget to use a stop loss!
Emotional Control. Process, not outcome.
  • #843,958
  • Nov 1, 2024 7:14am Nov 1, 2024 7:14am
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yes yes yes
  • #843,959
  • Nov 1, 2024 7:27am Nov 1, 2024 7:27am
Quoting Pat Chiko
{quote} UJ My gueesing for UJ next move. Scalping for few pipis only.{image}

UJ

with many losses
Revised out look for NFP.
Im guessing, it may fire rocket to the moon.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #843,960
  • Nov 1, 2024 7:30am Nov 1, 2024 7:30am
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MY OPINION NOT FINANCIAL ADVISE
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