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Cable Update (GBPUSD)

  • #846,801
  • Nov 29, 2024 3:25am Nov 29, 2024 3:25am
Quoting Abeylyn
{quote} Currently at the Intraday decisional point where the bull may continue the uprun or a deep pullback to the centre will begin . The only solution here is chart reading/ price action... depending on strategies. I am operating on my phone and may not be able to give full contribution. Thanks.
I will appreciate contribution on these from all our progressive friends and buddies including Kelvin, axecap... it's wonderful being with u all

We may later be shutting Trump in support of Zebi or longing Trump in support of Halbot. Most significant is money in our own pockets
Market Structure is the King.....
  • #846,802
  • Nov 29, 2024 3:28am Nov 29, 2024 3:28am
Looking to Short GU....
Market Structure is the King.....
  • #846,803
  • Nov 29, 2024 3:33am Nov 29, 2024 3:33am
Quoting T721
{quote} some nice moves on jpy crosses... ej, gj etc... they still have a long way down to go down
yes sure but, next week i think. EJ is already at ADR
Its all just one persons opinion
  • #846,804
  • Nov 29, 2024 3:37am Nov 29, 2024 3:37am
Quoting Abeylyn
{quote} I will appreciate contribution on these from all our progressive friends and buddies including Kelvin, axecap... it's wonderful being with u all We may later be shutting Trump in support of Zebi or longing Trump in support of Halbot. Most significant is money in our own pockets
Selling from here 1.2704 takes much stop but that how Forex works.

May go Short, damn the consequences with risk management and watch out for Sellers liquidity dried
Market Structure is the King.....
  • #846,805
  • Edited 7:28am Nov 29, 2024 3:39am | Edited 7:28am
broken top failure level 2693 , next reaction 2679 as an intermediate sr , may not hold ! if so then 2662 may try support before 44

Likely take time breaking 2679 waiting 62 next !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #846,806
  • Nov 29, 2024 3:39am Nov 29, 2024 3:39am
Quoting Abeylyn
{quote} Selling from here 1.2704 takes much stop but that how Forex works. May go Short, damn the consequences with risk management and watch out for Sellers liquidity dried
Moty, please watch out for what you did yesterday against me and let me know when buyers are about to kick in.....

MACD variance + whatever....

Thanks.
Market Structure is the King.....
  • #846,807
  • Nov 29, 2024 3:44am Nov 29, 2024 3:44am
Quoting Moty
crooky bears trap mf i pointing on the first set up now the bears set up looks good {image}
yes yes yes
show me the money
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yes yes yes
  • #846,808
  • Nov 29, 2024 3:48am Nov 29, 2024 3:48am
Quoting HaLBot
{quote} Zebi you do realise Trump Derangement Syndrome Month is almost over It's strange how all you communists can ever do is talk about Mr. D. J. Trump.....at the DNC your idiot mates mentioned his name 150 times, it's known as anal fixation... {image} {image}
Unable to fix it, or dont want to fix it so they always stay in power.
More time in the market, does not mean you trade better!
  • #846,809
  • Nov 29, 2024 3:50am Nov 29, 2024 3:50am
Quoting Abeylyn
{quote} Moty, please watch out for what you did yesterday against me and let me know when buyers are about to kick in..... MACD variance + whatever.... Thanks.
Primary Objective is to Buy either at Pullback to major Swing or at minor Intraday.

Just scalping Short for like 7 to 10 pips. atm.
Market Structure is the King.....
  • #846,810
  • Nov 29, 2024 3:51am Nov 29, 2024 3:51am
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  • #846,811
  • Nov 29, 2024 3:54am Nov 29, 2024 3:54am
Quoting Abeylyn
{quote} Primary Objective is to Buy either at Pullback to major Swing or at minor Intraday. Just scalping Short for like 7 to 10 pips. atm.
Out with 5 pips profit.

Will Buy or Sell again appropriately.
Market Structure is the King.....
  • #846,812
  • Nov 29, 2024 3:58am Nov 29, 2024 3:58am
G/M, just about a bullish-bodied dly candle y/day but a < 30day adr range re U.s Bank Hol. Today so far a run-up in Asia for a false 1st b/o of both last wk's hi but the 1st b/o of y/day's hi holds good so far. Then early London buying up to Dly R3/a 50% longer-term upside fib, for a false 1st upside b/o of the Asian hi as it sells-off from that current dly hi. Asian lo is presently the current dly lo.

1hr below
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Trader with an Edge.
  • #846,813
  • Nov 29, 2024 4:06am Nov 29, 2024 4:06am
Quoting Moty
{quote} yes yes yes show me the money {image}
I will have to wait for a better opportunity to Sell. At extreme Bull run, buyers will surely come in but most likely will run out of steam for Sellers to succeed.

Need market to fall into ranging, thereafter Buyers may be dead for me to step in with you.

Goodluck.
Market Structure is the King.....
  • #846,814
  • Nov 29, 2024 4:10am Nov 29, 2024 4:10am
bulls alert
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yes yes yes
  • #846,815
  • Nov 29, 2024 4:17am Nov 29, 2024 4:17am
...just as the falling wedge on the dly t/f was broken to the upside on Weds, so the rising wedge on 4hr has been broken to the downside today, (just.) 81% of 30day adr traveled so far today, 125% of 13wk awr so far this week, and on this last trading day of the wk/mth, 129% of 6mth amr so far this mth.

4hr, then dly below
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Trader with an Edge.
  • #846,816
  • Nov 29, 2024 4:31am Nov 29, 2024 4:31am
Quoting Moty
bulls alert {image}
Not yet for me.

Will likely take a deep Stoploss to luck in my own Buy position. However, caution at 1.2750 representing a big Intraday resistant Incase Bull has it.
Market Structure is the King.....
  • #846,817
  • Edited 1:54pm Nov 29, 2024 4:53am | Edited 1:54pm
...so, wkly candle is still looking bullish so far this week but the t/f is bearish overall. Dly is still in a general downtrend but has made a HL, and now what will be a H (when it forms fractally @ today's current hi, or higher,) above it's last LH, (2716.) 4hr and 1hr are in general uptrends and intraday is still just bullish, so far. Price @ the current p/back lo (off the current dly hi @ 2750,) is challenging a prev 1hr sw hi zone (x 2 tests and holds as res) = prev res = pot rbs, around 61.8% of the y/day lo - current dly hi move. Dly Pivot is @/around the Asian lo/current dly lo. price remains above the Wkly and Yrly pivots, but below the Mthly.

1hr below
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Trader with an Edge.
  • #846,818
  • Nov 29, 2024 5:02am Nov 29, 2024 5:02am
Quoting dempire1
{quote} Never attacked anybody. I was being attacked. I said everything I had to say with backed up info. I’m not going to repeat myself 10x because muppets don’t read, comprehend and use AI to answer.
Hi Dempire.
It was not my intention to attack you, and I'm sorry if you have taken my reply as that.
all I did was watch a few videos from Terry and have given an honest reply.
Please don't take this as an attack but I think you are in the age bracket of 15 to 30 years range. I've worked with a lot of people in this age group, and unfortunately like yourself some of them [ not all ] refuse to put their listening ears on.
I'll continue to watch the videos on Terrys telegram as they are informative and educational.
It is such a shame that you can't or won't do the same then come back here and give a honest opinion as I have.
Any way I wish you all the best, and have a good weekend
Kind regards
Kevin
  • #846,819
  • Edited 5:36am Nov 29, 2024 5:22am | Edited 5:36am
...no clusters as such to the upside shown, but fibs nonetheless, per graphic below. As you will see the 38.2% of 3434-2487 move is @ 2846, (the 50% of the 3434-2487 same move is @ 2960.)

Upside fibs graphic below
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Trader with an Edge.
  • #846,820
  • Nov 29, 2024 5:29am Nov 29, 2024 5:29am
Quoting ThaoAnh
{quote} {image} {image}
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