{quote} add 1.2424 , all SL high today
Cable Update (GBPUSD)
- #852,222
- Jan 31, 2025 4:04am Jan 31, 2025 4:04am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #852,223
- Jan 31, 2025 4:21am Jan 31, 2025 4:21am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
another quite session in Asia/London, the fact that it is end of week and end of month cannot be dismissed. 
bias still remains for selling pressure and possibly some profit taking before resumption of buying. market participants seem to be waiting for someone to make a move, or as we all know, a tweet 
there is confluence of support at near term trend line and 1-23 daily high @ 1.23759. friendly reminder, a pip is only 1/100th of a penny patiently holding GU GTC limit buy order @ 1.2377 and still holding long positions from 1.2165 and 1.2245. daily bars, small positions, ladder into trends. good luck today
bias still remains for selling pressure and possibly some profit taking before resumption of buying. market participants seem to be waiting for someone to make a move, or as we all know, a tweet there is confluence of support at near term trend line and 1-23 daily high @ 1.23759. friendly reminder, a pip is only 1/100th of a penny patiently holding GU GTC limit buy order @ 1.2377 and still holding long positions from 1.2165 and 1.2245. daily bars, small positions, ladder into trends. good luck today "The Rich Never Pay Retail"
- #852,226
- Jan 31, 2025 5:37am Jan 31, 2025 5:37am
- Joined Mar 2012 | Status: Trader | 14,314 Posts
“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
#advancedalientrading1) 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
- #852,227
- Jan 31, 2025 5:53am Jan 31, 2025 5:53am
- Joined Oct 2020 | Status: Trader | 14,017 Posts
Insane in the Brain..
- #852,228
- Jan 31, 2025 6:08am Jan 31, 2025 6:08am
- Joined Mar 2012 | Status: Trader | 14,314 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #852,229
- Jan 31, 2025 6:11am Jan 31, 2025 6:11am
- Joined Mar 2012 | Status: Trader | 14,314 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #852,230
- Edited 6:40am Jan 31, 2025 6:17am | Edited 6:40am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #852,231
- Jan 31, 2025 6:27am Jan 31, 2025 6:27am
- | Joined Jun 2019 | Status: on vacation | 1,726 Posts
- #852,232
- Jan 31, 2025 6:40am Jan 31, 2025 6:40am
- Joined Jun 2024 | Status: Still Learning | 2,825 Posts
{image}
- #852,233
- Jan 31, 2025 6:43am Jan 31, 2025 6:43am
- Joined Sep 2017 | Status: Trader | 4,360 Posts
Trade to trade another day
- #852,234
- Edited 7:21am Jan 31, 2025 6:53am | Edited 7:21am
- Joined Dec 2020 | Status: Re█████ | 2,868 Posts
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 Tempted to post weekly projection, but since Hype Oscillator in charge... Better day-by-day
This Jan has 3 high volume nodes: current range, ~1.2321 - prev Wkly POC and prev Mth @ ~1.22
Where I stack more longs, if happens
Air force
- #852,235
- Jan 31, 2025 6:59am Jan 31, 2025 6:59am
- Joined Mar 2012 | Status: Trader | 14,314 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #852,236
- Jan 31, 2025 7:05am Jan 31, 2025 7:05am
- Joined Sep 2017 | Status: Trader | 11,251 Posts | Online Now
Short 2432. TP 2300. Don't follow. Risky. Today is Friday and price tends to go the direction Asia set, which is buy. However, I am going against it. {image}
. I've been for a while. Long may it continue. No buys until slightly below 2300.
- #852,237
- Jan 31, 2025 7:07am Jan 31, 2025 7:07am
- Joined Mar 2012 | Status: Trader | 14,314 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #852,239
- Jan 31, 2025 7:13am Jan 31, 2025 7:13am
- Joined Mar 2020 | Status: Trader | 3,499 Posts
Compulsions can be hard to resist
- #852,240
- Jan 31, 2025 7:15am Jan 31, 2025 7:15am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes