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Cable Update (GBPUSD)

  • #845,041
  • Nov 11, 2024 2:33pm Nov 11, 2024 2:33pm
Quoting Pat Chiko
{quote} See the post before that. Chart said the obvious {quote} or to go deeper, you see this post too on callibrate on possibility of the POI {quote} All there in marked up charts
This is the only way I can see this.

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  • #845,042
  • Nov 11, 2024 3:15pm Nov 11, 2024 3:15pm
Quoting ScalaFX
{quote}my lovely pair to trade this year
Even better over the last 7 years
Emotional Control. Process, not outcome.
  • #845,043
  • Nov 11, 2024 9:02pm Nov 11, 2024 9:02pm
Quoting Coreg2004
{quote} Whale, check the daily chart. There have been two consecutive days with the ID bar, and Friday's low was taken out. I'm just saying.
thank for the warning bro, i don't really know the meaning of it, im trading ID in other ways and i dont see it now.

im saying for more than a month, for what i see, 1.2841 is the boarder to 1.375
if the week close below i will maybe think otherwise.
  • #845,044
  • Nov 11, 2024 10:40pm Nov 11, 2024 10:40pm
Picture of a guy phoning his broker to go LONG GU about 7 weeks ago...
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  • #845,045
  • Nov 11, 2024 10:53pm Nov 11, 2024 10:53pm
Quoting ChiForex
Be careful folks...a fall toward 1.2680s is definite Who don't wanna listen and act so.. don't come back
Keep note that a continuous fall toward 1.2680s without retrace would give that level a good support for a good bounce later...
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
  • #845,046
  • Nov 11, 2024 11:02pm Nov 11, 2024 11:02pm
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Started longing here , NOW..........................

  • #845,047
  • Nov 11, 2024 11:25pm Nov 11, 2024 11:25pm
Start long 1.2805
  • #845,048
  • Edited Nov 12, 2024 12:38am Nov 11, 2024 11:39pm | Edited Nov 12, 2024 12:38am
Buying GU 1.2805
EU 1.0626

(*added chart*)
y'day daily close 1 pip above yearly hl2
max target 1.312 if I have patience
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Air force
  • #845,049
  • Nov 11, 2024 11:42pm Nov 11, 2024 11:42pm
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Longed E. here NOW and added long in BP as shown................

  • #845,050
  • Nov 11, 2024 11:44pm Nov 11, 2024 11:44pm
Last four post.....same

Gu 1.2805
Eu 1.0626
Don't Leave Money on the Table
  • #845,051
  • Edited Nov 12, 2024 12:44am Nov 11, 2024 11:52pm | Edited Nov 12, 2024 12:44am
though now taken 1st tp at 2800 , but likely continue down bear for next sr 2754/40 , good cover over night by gbpusd . take care

testing previous low , breaks and hold should test next sr 2792 and 72 and as likely last 3rd of this present swing , should always care as spikes random may play ups while down with a possible bottoming temporarily even !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #845,052
  • Nov 11, 2024 11:58pm Nov 11, 2024 11:58pm
DXY

Clear break below 1.0570 then we can expect a dollar pair rally but if it holds bulls don't expect anything much at all....
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Don't Leave Money on the Table
  • #845,053
  • Nov 12, 2024 12:02am Nov 12, 2024 12:02am
time to go long
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eu is also at support
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yes yes yes
  • #845,054
  • Nov 12, 2024 12:03am Nov 12, 2024 12:03am
Gutted I took the long at 12875.. had a TP for 129 too lol damn thing didn’t go over 12880 anyway a few pips down so will hitch a ride on this one with other longs. Might TP at -20 pips if it gets there as I do believe 128 will be breached soon
Insane in the Brain..
  • #845,055
  • Nov 12, 2024 12:07am Nov 12, 2024 12:07am
come on mister goldi
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yes yes yes
  • #845,056
  • Edited 1:21am Nov 12, 2024 12:18am | Edited 1:21am
Long 1.2805 SL 1.2790
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #845,057
  • Nov 12, 2024 12:18am Nov 12, 2024 12:18am
Quoting BeeTogether
Gutted I took the long at 12875.. had a TP for 129 too lol damn thing didn’t go over 12880 anyway a few pips down so will hitch a ride on this one with other longs. Might TP at -20 pips if it gets there as I do believe 128 will be breached soon
Bee, kindly look for triple and double bottoms. I saw it and sold the price you bought knowing that the bottoms would be taken out. It's formed the reason for my trade entries or area of TP. If I see double tops and bottoms I then have to resort to other means to know which one might get taken out first. The idea behind these areas is that liquidity pools are sitting there. Sometimes you have to get down to the 5min or 1min to see them and target them.

Kindly see the gold chart I made. Believe me, I shorted after I saw the box on your right which I used to indicate triple bottoms. I also shorter to take out 2596 (box on the left). These are your simplest trades. Take them and go to sleep knowing they'll hit if you do the analysis properly.
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  • #845,058
  • Nov 12, 2024 12:46am Nov 12, 2024 12:46am
Quoting BeeTogether
Gutted I took the long at 12875.. had a TP for 129 too lol damn thing didn’t go over 12880 anyway a few pips down so will hitch a ride on this one with other longs. Might TP at -20 pips if it gets there as I do believe 128 will be breached soon
It's always very difficult taking a trade against the trend.
I was also tempted to take two different trades against the trend and was crushed out.

I view the chart later and realized those trades were wrong but the deed was already done.

It's a pathetic one because my rating as a Fund Manager is now placed under review.

What a day 11th November, 2024.
Market Structure is the King.....
  • #845,059
  • Edited 1:01am Nov 12, 2024 12:48am | Edited 1:01am
checking pa smallest tf . bounce to back probable ! take care
now watching 2807 breaks and hold as early signal bear next leg down
pa trying to minimise fall , bottoming effects possibly while to down till good support ! should play short term trades for safety
now signal goes to 2814 , bo 2819 , and eurusd 0725
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #845,060
  • Nov 12, 2024 1:00am Nov 12, 2024 1:00am
it is safer to follow the trend for shorts at longer timeframe.
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