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Cable Update (GBPUSD)

  • #852,001
  • Jan 29, 2025 6:11am Jan 29, 2025 6:11am
squeezy mf
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yes yes yes
  • #852,002
  • Jan 29, 2025 6:23am Jan 29, 2025 6:23am
Waiting test next bear confirmation 2400 of done , next target should be final limit top failure 2376!
Anyway some opposite running today so far ! Before so many high impact price tried to settle to well absorb the shock but today all panic tanking at an earliest !!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #852,003
  • Jan 29, 2025 7:07am Jan 29, 2025 7:07am
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“Now, 2 patterns of market behavior happen on a regular basis:
1) the price breaks to new high's (or low's)
2) the price reverses from new high's (or low's)
They happen regardless of time frame.
They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist.” - H. Rearden


Price Action #advancedalientrading

1) Price will either breakout of the high, low or both of the previous bar
2) Price will not breakout of the previous bar.
3) Price will either close above a level (line) or not.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #852,004
  • Edited 7:32am Jan 29, 2025 7:07am | Edited 7:32am
Interesting that daily support, for now, is following breached near-term trendline as extended re-trace.
Still holding active GU GTC limit buy @ 1.2377 and long positions from 1.2165 and 1.2245. the market is just one tweet away from movement, good luck during NY session. daily bars, small positions, ladder into trends. just like a great brisket, low and slow.
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"The Rich Never Pay Retail"
  • #852,005
  • Jan 29, 2025 7:11am Jan 29, 2025 7:11am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #852,006
  • Jan 29, 2025 7:19am Jan 29, 2025 7:19am
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H. --- Now what...? 1.23 65...???

  • #852,007
  • Jan 29, 2025 7:22am Jan 29, 2025 7:22am
Quoting ThaoAnh
{quote} {image}
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  • #852,008
  • Jan 29, 2025 7:22am Jan 29, 2025 7:22am
yes yes yes
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yes yes yes
  • #852,009
  • Jan 29, 2025 7:26am Jan 29, 2025 7:26am
Quoting ThaoAnh
{quote} {image}
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  • #852,010
  • Jan 29, 2025 7:30am Jan 29, 2025 7:30am
Quoting ThaoAnh
{quote} {image}
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  • #852,011
  • Jan 29, 2025 7:40am Jan 29, 2025 7:40am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #852,012
  • Edited 8:51am Jan 29, 2025 7:43am | Edited 8:51am
Over 30 minutes start high impact news , stay care
May not much effects here till after 5 hours still though !
So till BOE news will care as may bounce before back again by 5 hours ! So stay away till over effects !
2410 is now limit for testing next important sr 2376 to may try avoid !
While 0394 limit broken up in eurusd !

Update: 20 min have past news , no any great effect/ bounce yet , now overall limit up is 2415 for possibly bear target 2376! Watching
So bear signal will be previous low 2393 .

open computer hart to see the pa! still in bear setup having long legs ! much more bear may to go below 2244 !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #852,013
  • Jan 29, 2025 8:18am Jan 29, 2025 8:18am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #852,014
  • Jan 29, 2025 8:28am Jan 29, 2025 8:28am
Quoting Pat Chiko
{quote} CABLE Scalp a bit before the main event later.{image}
CABLE

Bad counting of EW, has gone into a bit of a drawdown due to a lack of focus in count.
Sometimes, not focus in EW count can temporarily push trades into negative territory.
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P/S Wonder what made me loss focus.........?
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #852,015
  • Jan 29, 2025 8:29am Jan 29, 2025 8:29am
Quoting W0lfram
1.2503 - Yearly open { 1.237 - Jan VAH 1.2363 - Wkly VAH 1.2321 - Wkly POC } - looking for a spot to buy 1.22 - Jan POC
Quoting W0lfram
Borrowed smth from physics and information theory Low 'entropy' (+/- .0006) also suggests that its time to make it more chaotic for a moment - take a breath for bulls.{image}
imo ~75-80%, today there will be attempt to break Fri low
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Fri POC cleared
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Air force
  • #852,016
  • Jan 29, 2025 8:31am Jan 29, 2025 8:31am
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yes yes yes
  • #852,017
  • Edited 9:01am Jan 29, 2025 8:43am | Edited 9:01am
Quoting Mitiblotch
I want to be a buyer. But I have just sold 2444. TP 2370. This isn't one of my confident trades. But if I'm lucky to hit TP I'll be happy.
Out here at 2407 for +37 pips. I wanted to hold out for my TP but chickened out and will wait for FOMC. I can now watch FOMC in peace and probably buy the dump.
  • #852,018
  • Jan 29, 2025 8:45am Jan 29, 2025 8:45am
Quoting Mitiblotch
I want to be a buyer. But I have just sold 2444. TP 2370. This isn't one of my confident trades. But if I'm lucky to hit TP I'll be happy.
It's a powerful trade from you against the 4 hour trend.

I have been studying tenaciously to identify reasons for your contrarian successful process....

I wish you find time to teach me your process.....

You are spotted on for the day.
Market Structure is the King.....
  • #852,019
  • Jan 29, 2025 9:00am Jan 29, 2025 9:00am
Quoting teprewitt23
{quote} success breeds patience. well done, good trading discipline. did you mean FOMC
Oh yes, FOMC. Thanks for pointing that out. I'll correct it now.
  • #852,020
  • Jan 29, 2025 9:03am Jan 29, 2025 9:03am
Another setup forming on EURGBP
Wait for a close above the last bearish candle that opens above the -VE liquidity zone..

NOTE: Liquidity are naturally present in all candles but until they are activated they can't be significant..
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