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Cable Update (GBPUSD)

  • #845,741
  • Nov 20, 2024 1:01am Nov 20, 2024 1:01am
scalp short at 1.2704, 20 lots
vankiepsauff@gmail
  • #845,742
  • Nov 20, 2024 1:02am Nov 20, 2024 1:02am
what a news effect .breaks sl and up . watching after it settles! 2719 still intact
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #845,743
  • Nov 20, 2024 1:04am Nov 20, 2024 1:04am
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. . . . .NOW WTF...???????

  • #845,744
  • Nov 20, 2024 1:06am Nov 20, 2024 1:06am
Quoting Zebi
{quote} i think thats all she wrote for the dollar...a red daily candle today is a sell sig..i expected 105/06 on DXY but it overshot to 107 which gave me losses on my first longs earlier this week all this weeks DXY advance will get retraced next week...we shud see 104 if not by next Friday than mid week after people scratching their heads and gona dump dollars with trumps cabinet picks LOL I'm still holding my GU longs till .3100

I don't want to upset halbot but Im shorting trump and his cabinet picks of sex offenders LOL

so that's why I'm posting GU charts to spare him an epileptic fit LOL

the dollar is doooomed and gona fall to 103 within a month
short trump and go long the deepstate
  • #845,745
  • Nov 20, 2024 1:12am Nov 20, 2024 1:12am
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yes yes yes
  • #845,746
  • Nov 20, 2024 1:16am Nov 20, 2024 1:16am
Quoting Waveskierrob
{quote} added LONGS to my EU FF trades BE @ 1.0605

I've joined the Euro Bull party too
Don't Leave Money on the Table
  • #845,747
  • Nov 20, 2024 1:20am Nov 20, 2024 1:20am
Quoting Zebi
{quote} last weeks chart that's in my quote why I went long and the second one is this weeks chart with the extra red candles
Thanks Zeb,

sorry for my noob question ,as im new to trading.

Take care Bro
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #845,748
  • Nov 20, 2024 1:23am Nov 20, 2024 1:23am
Price is currently operating around Supply zone. It is necessary for it to pullback to the downside.

Though Daily candlestick has given signal to Buy, there is the need to see what happens at the centre before Buy / Sell decision can be taken.

Have a nice pipping day all.
Market Structure is the King.....
  • #845,749
  • Nov 20, 2024 1:27am Nov 20, 2024 1:27am
Quoting Pat Chiko
{quote} EU update{image}
EURO update

EU is slow.

The trend is still down for now, at least until we see a break in structure.
However, it’s starting to look like a bigger correction is forming, probably a EW 4.

We’ve likely had EW 1,2,3 already, and now we’re in EW4.
EW4 can sometimes break parts of wave three’s structure, so it might drift up to higher Fibonacci levels or even break structure before heading back down to complete wave five.

Looking for short opportunities but keeping in mind that EW4 could break and then reject before moving down.
Waiting for fib levels and structure to make sure you’re trading in the right direction

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #845,750
  • Nov 20, 2024 1:31am Nov 20, 2024 1:31am
Quoting Pat Chiko
{quote} Thanks Zeb, sorry for my noob question ,as im new to trading. Take care Bro
Hi Pat
can you takr alook gj chart pls!
Thanks in advance
  • #845,751
  • Nov 20, 2024 1:32am Nov 20, 2024 1:32am
dx is on the edge of the cliff
timber !!!!!!!!
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yes yes yes
  • #845,752
  • Nov 20, 2024 1:34am Nov 20, 2024 1:34am
short started to see having sl just over 2719. signal 2691 , confirmation 2676. will set be after breaks signal.
should fast move but too lazy yet !40 minutes over !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #845,753
  • Nov 20, 2024 1:35am Nov 20, 2024 1:35am
US 10 year bond yields still weighing on Euro/GU upside
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Don't Leave Money on the Table
  • #845,754
  • Nov 20, 2024 1:40am Nov 20, 2024 1:40am
Quoting Pat Chiko
{quote} EURO update EU is slow. The trend is still down for now, at least until we see a break in structure. However, it’s starting to look like a bigger correction is forming, probably a EW 4. We’ve likely had EW 1,2,3 already, and now we’re in EW4. EW4 can sometimes break parts of wave three’s structure, so it might drift up to higher Fibonacci levels or even break structure before heading back down to complete wave five. Looking for short opportunities but keeping in mind that EW4 could break and then reject before moving down. Waiting for fib...
Hello bro.

I previewed and have seen the studies.

Thanks.
Market Structure is the King.....
  • #845,755
  • Nov 20, 2024 1:40am Nov 20, 2024 1:40am
Quoting hamedsna
{quote} Hi Pat can you takr alook gj chart pls! Thanks in advance
Boss,
this is a forum,
We share thought not signsl.

You put up yours, let us see your thought process.
Then you may get others (not only myself) to give their views.

I hope you understand the concept of forum.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #845,756
  • Nov 20, 2024 1:43am Nov 20, 2024 1:43am
Yesterday's losses in gold have been recovered. I'm keeping the trades open for now with tighter stop losses in place.
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--- only constant in this world is change ---
  • #845,757
  • Nov 20, 2024 1:43am Nov 20, 2024 1:43am
Quoting pipfarm
GBPUSD - shorts for tomorrow or asian session H1 has a single intermediate correction which is part of the Daily downswing and is only a small rally in D1, the H1 correction has a 5 wave impulse at the end M5 has made a double correction which is a correction itself in H1 which is a minor correction. The significant thing is that single corrections on H1 are usually dips or rallies in D1 whereas double corrections in H1 are actually a corrective swings in D1 , the same principle applies to other timeframes ie 5 minute and H1 Possible triple top...
Not quite there with this one but no harm done for me as the trend never changed to downside, that is the beauty of using trend as an entry signal so even if your analysis is wrong at the current moment your not taking losing trades too often.

The upswing being the C wave of the H1 correction did cross my mind at the time but decided not to go with it.

I may go through the same scenario several times a day before pulling the trigger so i am being honest posting the analysis as i see it at the time.


Back to GBPUSD we are still in the range of the single correction on H1 which is the rally on D1 downswing, entry from H1 via a breakdown into a new trend
Follow The Markets Structure - Patience and Discipline
  • #845,758
  • Nov 20, 2024 1:48am Nov 20, 2024 1:48am
Quoting Pat Chiko
{quote} Boss, this is a forum, We share thought not signsl. You put up yours, let us see your thought process. Then you may get others (not only myself) to give their views. I hope you understand the concept of forum.
"Yes, I understand. I just thought that since you had an analysis meon it before, you might have an update. I didn't want you to provide a signal. In any case, thank you for your attention. I always follow your views."
  • #845,759
  • Nov 20, 2024 1:51am Nov 20, 2024 1:51am
ty mister gj
took it on the break y's close for 150pips
yes yes yes
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yes yes yes
  • #845,760
  • Nov 20, 2024 1:51am Nov 20, 2024 1:51am
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E. and BP. 5' --- Euro must take its legs up now..... We don't need anymore hesitation....

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