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Cable Update (GBPUSD)

  • #845,821
  • Nov 20, 2024 7:58am Nov 20, 2024 7:58am
Quoting Godspromise
{quote} 9:00 am might be the reversal to the upside i would wait until 9:00 am, to close but thats me
Exactly what he said. yeah
#Stay blue. /swinger/scalper/
  • #845,822
  • Nov 20, 2024 7:59am Nov 20, 2024 7:59am
Quoting Konichiwhaat
{quote} 1. What's the alternative? 2. Do you need the money? At 90k I exchanged 10k of my Bitcoin back into fiat. It's my first exchange/trade since my first purchase in early 2017. It has been a long HODL and I have learned so much about crypto currency and Blockchain technology along the way. I still hold a substantial amount of bitcoin, but have no problem converting back to fiat at these historical levels. Huge players in the area now like black rock and the like. They hold huge amounts of bitcoin and it will only be a matter of time before...
Daaaaaammmnnn you made it bro
  • #845,823
  • Nov 20, 2024 8:02am Nov 20, 2024 8:02am
There are 2 huge clusters of orders 2659 and 2660 on cable
Follow The Markets Structure - Patience and Discipline
  • #845,824
  • Nov 20, 2024 8:02am Nov 20, 2024 8:02am
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yes yes yes
  • #845,825
  • Nov 20, 2024 8:03am Nov 20, 2024 8:03am
I was selling this pair before it went up. Seems price wants the moving average around 2754. Not confident in shorting for now.
  • #845,826
  • Nov 20, 2024 8:05am Nov 20, 2024 8:05am
Quoting Moty
{image}

Close your buy when it gets close to where you bought and sell it
Follow The Markets Structure - Patience and Discipline
  • #845,827
  • Nov 20, 2024 8:11am Nov 20, 2024 8:11am
Quoting Konichiwhaat
{quote} 1. What's the alternative? 2. Do you need the money? At 90k I exchanged 10k of my Bitcoin back into fiat. It's my first exchange/trade since my first purchase in early 2017. It has been a long HODL and I have learned so much about crypto currency and Blockchain technology along the way. I still hold a substantial amount of bitcoin, but have no problem converting back to fiat at these historical levels. Huge players in the area now like black rock and the like. They hold huge amounts of bitcoin and it will only be a matter of time before...
I dont underserstand your questions
People don't plan to lose. They lose because they don't plan.
  • #845,828
  • Nov 20, 2024 8:12am Nov 20, 2024 8:12am
Quoting Mitiblotch
I was selling this pair before it went up. Seems price wants the moving average around 2754. Not confident in shorting for now.

Sell limits will be around 2700, whether they get activated is another matter as there is those two huge orders sitting 2660, infact it is 3 now , these are futures but spot follows the same pattern
Follow The Markets Structure - Patience and Discipline
  • #845,829
  • Nov 20, 2024 8:18am Nov 20, 2024 8:18am
Quoting Godspromise
{quote} Daaaaaammmnnn you made it bro
But think about that... deeply think about it... what have I actually done? I have exchanged an up and coming powerful currency (BTC) for a dying one (USD). I don't feel like a have "made it" at all. I'm just hedging my bets a little. If BTC is to fall back to just as little as 80k, I will buying back in in a heartbeat (depending on global conditions/values etc)

If Bitcoin ever makes it to 200k USD or above, I would never sell any of my Bitcoin in this way again... Never
Emotional Control. Process, not outcome.
  • #845,830
  • Nov 20, 2024 8:19am Nov 20, 2024 8:19am
Finally, a bit of liquidity coming into this pair.
  • #845,831
  • Nov 20, 2024 8:19am Nov 20, 2024 8:19am
1.2665 is where I'd be looking for a sell signal.
  • #845,832
  • Nov 20, 2024 8:20am Nov 20, 2024 8:20am
Quoting pipfarm
{quote} Sell limits will be around 2700, whether they get activated is another matter as there is those two huge orders sitting 2660, infact it is 3 now , these are futures but spot follows the same pattern

Well i will be !!!! price went straight for those 3 orders 2659,2658 and 2660 , sliced through
Follow The Markets Structure - Patience and Discipline
  • #845,833
  • Nov 20, 2024 8:20am Nov 20, 2024 8:20am
Quoting ScalaFX
{quote} I dont underserstand your questions
You said "keep holding". I assumed this was a question whether or not to sell your BTC, correct?
Emotional Control. Process, not outcome.
  • #845,834
  • Nov 20, 2024 8:21am Nov 20, 2024 8:21am
OMG NQ dropping like a brick
Follow The Markets Structure - Patience and Discipline
  • #845,835
  • Nov 20, 2024 8:24am Nov 20, 2024 8:24am
Crooky forex .
Dx is rising beside goldi
Vert logical
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yes yes yes
  • #845,836
  • Nov 20, 2024 8:25am Nov 20, 2024 8:25am
News....
Ukraine fires UK Storm Shadow missiles into Russia
  • #845,837
  • Nov 20, 2024 8:27am Nov 20, 2024 8:27am
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$JY is falling.... E. is falling BP is falling..... WTF ???

  • #845,838
  • Nov 20, 2024 8:27am Nov 20, 2024 8:27am
Quoting ghazy_55
News.... Ukraine fires UK Storm Shadow missiles into Russia
Yes. Grey ISH swan. Maybe black
Emotional Control. Process, not outcome.
  • #845,839
  • Nov 20, 2024 8:27am Nov 20, 2024 8:27am
Quoting pipfarm
{quote} Sell limits will be around 2700, whether they get activated is another matter as there is those two huge orders sitting 2660, infact it is 3 now , these are futures but spot follows the same pattern
There are orders even lower which I was targeting with my shorts. I put my SL at 2700 and slept off with the plan to take it higher. Woke up to see my SL hit. I'll stay aside now. I love targeting clear liquidity areas but not comfortable right now.
  • #845,840
  • Nov 20, 2024 8:28am Nov 20, 2024 8:28am
classic price manipulation expected gbpusd to up up hard now gbpjpy crashed and blast back up classic
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