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Cable Update (GBPUSD)

  • #848,841
  • Dec 16, 2024 7:35pm Dec 16, 2024 7:35pm
Bulls really need a weekly close above 2755 area, which would then act as decent support for the next rally.
A subsequent weekly close above 2865 area, will be the news us longer term GU bulls are waiting for.
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Compulsions can be hard to resist
  • #848,842
  • Dec 16, 2024 7:49pm Dec 16, 2024 7:49pm
Btc killing it last couple weeks let’s go
Master your mind. Master Trading.
  • #848,843
  • Dec 16, 2024 8:06pm Dec 16, 2024 8:06pm
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  • #848,844
  • Dec 16, 2024 9:08pm Dec 16, 2024 9:08pm
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yes yes yes
  • #848,845
  • Dec 16, 2024 9:15pm Dec 16, 2024 9:15pm
Quoting Bones
{quote} you do realise line charts miss a load of data?
You do realise there is no difference between line chart or OHLC? You can put chikos and fardeens and coregs there it won’t make a difference. All of it is just an average of….? Lets see can a street smart answer that?
How to succeed in zero sum game?
  • #848,846
  • Dec 16, 2024 9:19pm Dec 16, 2024 9:19pm
Quoting W0lfram
{quote} Who said so? lol You can, bc its just a line. Use platform's regression tool for trendlines, use your hands for everything else. You connected two lows, then in the future another low (almost-)touched the line - holy fuck, how cool is that! {image} {image} For better visual, I'll take highs and lows only {image} This supposed to be candles and gaps are just visual artefacts {image} Your drawing tools have no objective value. All patterns are present in random data too, with the same performance. If someone tells me, that 'trendlines' and...
You are getting a lot of enemies trying to explain that to a grown man with third grade comprehension
How to succeed in zero sum game?
  • #848,847
  • Dec 16, 2024 9:23pm Dec 16, 2024 9:23pm
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  • #848,848
  • Dec 16, 2024 9:28pm Dec 16, 2024 9:28pm
Quoting ThaoAnh
{image}
where is your Stoploss and Takeprofit ?
Market Structure is the King.....
  • #848,849
  • Dec 16, 2024 9:42pm Dec 16, 2024 9:42pm
Quoting Abeylyn
{quote} where is your Stoploss and Takeprofit ?
I'm waiting h4 candle to close below 1.2672-65 zone
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  • #848,850
  • Dec 16, 2024 9:59pm Dec 16, 2024 9:59pm
Waiting for 1.2714 for short
if price will smash it and close above it will be strong long.

im overall $ bullish so I stick to short setups.
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  • #848,851
  • Edited 10:21pm Dec 16, 2024 10:04pm | Edited 10:21pm
missed this short as pending set above 2700! anyway limit signal now 2671 for correction down , and still 2666 or 44 may try bounce again . so waiting to see if get previous top or above 2700 for short again or 2670/66 breaks may restart !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #848,852
  • Dec 16, 2024 10:11pm Dec 16, 2024 10:11pm
Quoting ThaoAnh
{image} {image}
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  • #848,853
  • Dec 16, 2024 10:18pm Dec 16, 2024 10:18pm
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yes yes yes
  • #848,854
  • Dec 16, 2024 10:27pm Dec 16, 2024 10:27pm
Quoting fontu
missed this short as pending set above 2700! anyway limit signal now 2671 for correction down , and still 2666 or 44 may try bounce again . so waiting to see if get previous top or above 2700 for short again or 2670/66 breaks may restart ! {image} {image}
Im thinking not much bounce and further down
Its all just one persons opinion
  • #848,855
  • Dec 16, 2024 10:37pm Dec 16, 2024 10:37pm
GU buy limit 1.2642, tp/sl open, valid today.
This is not a signal just my opinion.
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  • #848,856
  • Dec 16, 2024 10:47pm Dec 16, 2024 10:47pm
UK data up in just over 10 minutes
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Don't Leave Money on the Table
  • #848,857
  • Dec 16, 2024 10:59pm Dec 16, 2024 10:59pm
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yes yes yes
  • #848,858
  • Dec 16, 2024 11:09pm Dec 16, 2024 11:09pm
Quoting HaLBot
UK data up in just over 10 minutes {image}
You nailed it yesterday.... Buying from key support.

Weldone.
Market Structure is the King.....
  • #848,859
  • Dec 16, 2024 11:13pm Dec 16, 2024 11:13pm
Quoting ThaoAnh
{quote} {image}
Hit SL
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  • #848,860
  • Dec 16, 2024 11:17pm Dec 16, 2024 11:17pm
Quoting Abeylyn
{quote} You nailed it yesterday.... Buying from key support. Weldone.

Cheers Abeylyn, wasn't until we got well into NY session that the main buying happened but was a good area to go long @ 2640
Don't Leave Money on the Table
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