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Cable Update (GBPUSD)

  • #846,321
  • Nov 25, 2024 7:10am Nov 25, 2024 7:10am
Quoting HaLBot
Okay once again Cable is knocking on the hourly 100ma door currently @ 2616 and if it can break thru next next stop is the hourly 200ma @2644 And so far respecting the weekly trendline {image} {image}
Usually high/low always equate EMA 100 or sometimes 200 but the ranging nature of market breeds more confusion.

After this current run to the downside, next in Ranging Series is to look for Buy.

Buy set up may come up during the Asian, these run up might probably breakout of d current high...

But anything can happen....
Market Structure is the King.....
  • #846,322
  • Nov 25, 2024 7:11am Nov 25, 2024 7:11am
Quoting Headland
{quote} Hi. Mate, I've been thru this so many times on this thread and another, so if you don't mind I won't go thru it again. Academically interesting though this discussion might prove to be - suffice to say I have an edge and I trade it, and it involves identifying levels/zones where there may exist an imbalance of orders to move price one way or another - as the greater probability, - not certainty.
I see. Well Ive proven in reality with manual and automated that TA(technical analysis) is not profitable. Period. And Im trying to find someone that could prove me wrong. This is the only way to give back to the community otherwise all these numbnuts(you included) continue doing the same thing over and over hoping to get better results but probabilities are working against.

So. Everything I covered earlier that candlestick supply and demand is just words because OTC market L2 data is needed and all that. How else do you track supply and demand? God didn’t create us.
How to succeed in zero sum game?
  • #846,323
  • Nov 25, 2024 7:12am Nov 25, 2024 7:12am
Quoting Naseri13
1.02585... Just looking Retest 2620 or drop to 2400. . Who know... Time will show. Stay green
Ranging session.

No Jack knows nothing next.
Market Structure is the King.....
  • #846,324
  • Nov 25, 2024 7:56am Nov 25, 2024 7:56am
I think it was daily bottom from 1.34.H4 can repeat now,or around this level.you see 1h goes down to repeat.
  • #846,325
  • Nov 25, 2024 8:07am Nov 25, 2024 8:07am
Quoting Abeylyn
{quote} Ranging session. No Jack knows nothing next.
1.2550_48 if break maybe chart show us the next of 1.24...

Time will show

No new signals... bears are stronger for this next hour macd
A little beginner trader since 2006
  • #846,326
  • Nov 25, 2024 8:09am Nov 25, 2024 8:09am
So we have to look at 2533 and remembers Fontu s advice
A little beginner trader since 2006
  • #846,327
  • Nov 25, 2024 8:47am Nov 25, 2024 8:47am
Broken 2550/ 48 so gap fill or more will target optimum should 2506 , as of morning target 2524 will care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #846,328
  • Edited 9:26am Nov 25, 2024 9:00am | Edited 9:26am
Quoting Naseri13
So we have to look at 2533 and remembers Fontu s advice
I don't use Fontu but trend inside trend to spot my LTF direction. Fontu is also fine but more relevant during trending. Secondly, our channel placement is not also the same formation..

Here may be the end of the low for Sellers... Then buyers may takeover. 3 min. chart trend for me.....

Will buy against the trend if settings are fine. 30 min. MACD variance and SAR lock, 3 min. trend, then manage set up to break even.


Gap fill may come with next price touch of 1hr. Swing Ema100/200 touch depending on what you use...

Time Stamp now... Expecting to see. candlesticks start going up from here ...

It's important to point out that Fontu may also be correct. Nobody knows all but that spike up is a killer movement for me and no better way for me to manage my closed trades except remaining at 12 pips above previous high ... Not really advisable
Market Structure is the King.....
  • #846,329
  • Nov 25, 2024 9:14am Nov 25, 2024 9:14am
Quoting ScalaFX
{quote} you deserve it Bro! Now I think BTC can fuck all and dont touch 100k right now, can slide to 90k or even 80k for big liqudity and after this will smash for 134 and 150k, will be shorting with very care some positions but also price can blow 100k and rocket further, cheers !!
have some protected shorts, some closed, lets see how deep this can go
People don't plan to lose. They lose because they don't plan.
  • #846,330
  • Nov 25, 2024 9:30am Nov 25, 2024 9:30am
First element of being or becoming an informed(profitable) investor(trader) is actually understanding the structure and mechanisms of the market. This includes the realization that the market is adversarial and thus requires one to not just be informed, but to be more informed than average to be profitable. Only after that comes being informed in the nature of exchange rate forecasting.
How to succeed in zero sum game?
  • #846,331
  • Nov 25, 2024 9:34am Nov 25, 2024 9:34am
Quoting dempire1
First element of being or becoming an informed(profitable) investor(trader) is actually understanding the structure and mechanisms of the market. This includes the realization that the market is adversarial and thus requires one to not just be informed, but to be more informed than average to be profitable. Only after that comes being informed in the nature of exchange rate forecasting.
are you making money, thats all that really matters
  • #846,332
  • Edited 9:49am Nov 25, 2024 9:34am | Edited 9:49am
Quoting ScalaFX
{quote} have some protected shorts, some closed, lets see how deep this can go
Daily tf , though strong down it did a reversal attempt , so bottoming try may still persist , but here ; gap fill as should do today , may not any bear decision today , as extension leg down abc to try again up , so we may see attempt to previous low with or without success next day , !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #846,333
  • Nov 25, 2024 9:37am Nov 25, 2024 9:37am
Quoting fontu
{quote} Daily tf , though strong down it did a reversal attempt , so bottoming try may still persist , but here ; gap fill as should do today , may not any bear decision today , as extension leg down abc to try again up , so we may see attempt to previous low with or without success, ! {image}
thanks fontu for your daily basis
People don't plan to lose. They lose because they don't plan.
  • #846,334
  • Nov 25, 2024 10:19am Nov 25, 2024 10:19am
Quoting T721
{quote} are you making money, thats all that really matters
I am and I can show it all the time. Are/Can you?
How to succeed in zero sum game?
  • #846,335
  • Nov 25, 2024 10:26am Nov 25, 2024 10:26am
Quoting Abeylyn
{quote} I don't use Fontu but trend inside trend to spot my LTF direction. Fontu is also fine but more relevant during trending. Secondly, our channel placement is not also the same formation.. Here may be the end of the low for Sellers... Then buyers may takeover. 3 min. chart trend for me..... Will buy against the trend if settings are fine. 30 min. MACD variance and SAR lock, 3 min. trend, then manage set up to break even. Gap fill may come with next price touch of 1hr. Swing Ema100/200 touch depending on what you use... Time Stamp now... Expecting...
BRB around 00.30/1:00 GMT to look for a Buy Scalping set-up.

What happens here inside LTF repeat itself on HTF.
Market Structure is the King.....
  • #846,336
  • Nov 25, 2024 11:24am Nov 25, 2024 11:24am
dollar gona fall gentlemen especially after the international criminal courts arrest warrant for netyahoo and his murderous cohorts spurred them to agree to a ceasefire with lebanan and one close to with hamas ...too bad they didn't issue those arrest warrants 6 months ago

last friday gona be the blowoff top I posted yesterday

everything reverting back to where price was on nov 5th especially the dollar cause now will drop to 100 since republicans control the government for the next two years
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short trump and go long the deepstate
  • #846,337
  • Nov 25, 2024 11:36am Nov 25, 2024 11:36am
Quoting dempire1
{quote} I am and I can show it all the time. I can show it all the time.
I am well done

I can show it all the time. nobugger is interested, just keep making money

Are/Can you? i am....and not interested in bragging bout it. too busy trading... dont need a te my charts speak better than i can... the onlycunt needing to see my statements are me ex-wife
  • #846,338
  • Nov 25, 2024 11:38am Nov 25, 2024 11:38am
a daily close above that line gona give me a buy signal so ill add to my longs that are currently underwater during asian session before going to sleep
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short trump and go long the deepstate
  • #846,339
  • Nov 25, 2024 11:51am Nov 25, 2024 11:51am
[quote=Zebi;15071004]a daily close above that line gona give me a buy signal so ill add during asian session before going to sleep {image}[/quote

It looks like all candle Red at the moment.

Yours would be a very powerful entry with nice stop.

For me to join in the loot, I'll look for entry inside 4 hour chart which may not be less than a 4 hour candle close above your trailing MA.... And if price decide to go South, I will change my mind and follow existing trend.

Anyway, we shall cross it together when we get there. The only difference would be variation in our stoploss and associated bounty loots
Market Structure is the King.....
  • #846,340
  • Nov 25, 2024 12:06pm Nov 25, 2024 12:06pm
Quoting dempire1
{quote} I am and I can show it all the time. Are/Can you?
Relax my friend. Just exchange trade ideas and move on.
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