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(GBP/USD Update) Billionaire's Club

  • #181
  • Feb 2, 2025 4:23pm Feb 2, 2025 4:23pm
Quoting Abeylyn
{quote} Thanks dearly. It's just the name given to the thread doesn't necessarily means I am a billionaire. However, the name is borne out of the transparency in the live session trading signals which reveals the possibility of becoming a billionaire if a trader can be disciplined to follow a process. Here, real live interactive analysis on trade is encouraged.
I thanked you for this before.
The post was sitting forever to be moderated, but seems they didn't think it was cool for some reason.
But thanks. Hope you see this
Leave Israel alone and Palestine will be free
  • #182
  • Feb 2, 2025 4:30pm Feb 2, 2025 4:30pm
Quoting Forgediron
Hi is anyone here actually a Billionaire or even a millionaire? lol I don't want to offend in my first post, but I want to know more about this thread and it's posters. The daily chart is good accuracy for sentiment. {image}
That trend line moved
Attached Image (click to enlarge)
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Leave Israel alone and Palestine will be free
  • #183
  • Edited 7:17pm Feb 2, 2025 6:59pm | Edited 7:17pm
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Here is my GU chart on 4 hourlies.

Price has penetrated the two demand zone that was presented in my analysis....without given us any option to Buy.... Therefore Buying becomes invalid.

At the moment, I will be looking to Sell GU @ any pullback and TP around 1.2150/70. equating the lower zone ....
Market Structure is the King.....
  • #184
  • Feb 2, 2025 7:22pm Feb 2, 2025 7:22pm
Quoting Forgediron
{quote} That trend line moved {image}
I agreed with your chart.

But I stopped using trendline because sometimes it fails.... Concentration is placed more on Trend and associated Support Resistant Structure...

Let's have an interactive discussion on your trade entries.

Have a nice pipping week..
Market Structure is the King.....
  • #185
  • Feb 2, 2025 8:23pm Feb 2, 2025 8:23pm
Quoting Abeylyn
{quote} I agreed with your chart. But I stopped using trendline because sometimes it fails.... Concentration is placed more on Trend and associated Support Resistant Structure... Let's have an interactive discussion on your trade entries. Have a nice pipping week..
I’m number 1 a support and resistance trader also, trend lines are the seen after that.
Sells around 2360, but can see it maybe going to 2415 area. Stop above Friday or the high of the bullish week high.
Leave Israel alone and Palestine will be free
  • #186
  • Feb 2, 2025 10:28pm Feb 2, 2025 10:28pm
Quoting Abeylyn
{quote} I agreed with your chart. But I stopped using trendline because sometimes it fails.... Concentration is placed more on Trend and associated Support Resistant Structure... Let's have an interactive discussion on your trade entries. Have a nice pipping week..
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 9 KB
Leave Israel alone and Palestine will be free
  • #187
  • Feb 3, 2025 4:02am Feb 3, 2025 4:02am
Quoting Abeylyn
{image} {image} Here is my GU chart on 4 hourlies. Price has penetrated the two demand zone that was presented in my analysis....without given us any option to Buy.... Therefore Buying becomes invalid. At the moment, I will be looking to Sell GU @ any pullback and TP around 1.2150/70. equating the lower zone ....
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB

Short @ 1.2313 stop 1.2333
Market Structure is the King.....
  • #188
  • Feb 3, 2025 4:15am Feb 3, 2025 4:15am
Targeting 2380
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 8 KB
Leave Israel alone and Palestine will be free
  • #189
  • Feb 3, 2025 6:30am Feb 3, 2025 6:30am
Quoting Abeylyn
{quote} {image} Short @ 1.2313 stop 1.2333
Stoploss hit. Mow buying @ 1.2330
Market Structure is the King.....
  • #190
  • Feb 3, 2025 9:56am Feb 3, 2025 9:56am
Closed out.
Then put in a sell, but changed my mind.
I'll wait
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 8 KB
Leave Israel alone and Palestine will be free
  • #191
  • Feb 3, 2025 11:36am Feb 3, 2025 11:36am
Quoting Forgediron
Closed out. Then put in a sell, but changed my mind. I'll wait {image}
I will close 80% of the trade today and ride the remaining 20% to 1.2530.
Market Structure is the King.....
  • #192
  • Feb 3, 2025 11:39am Feb 3, 2025 11:39am
Quoting Forgediron
Targeting 2380 {image}
Your zoning looks better and did not reflect the breakout to the downside that was shown in mine...

On what time frame did you pick the zone before reduction to 1 hr. chart ?
Market Structure is the King.....
  • #193
  • Feb 3, 2025 1:09pm Feb 3, 2025 1:09pm
Quoting Abeylyn
{quote} Your zoning looks better and did not reflect the breakout to the downside that was shown in mine... On what time frame did you pick the zone before reduction to 1 hr. chart ?
The daily was pretty strong.
Nothing on the 4hr, but then the 1hr came into play
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 12 KB
Click to Enlarge Name: GBPUSDH1.png Size: 8 KB
Leave Israel alone and Palestine will be free
  • #194
  • Feb 3, 2025 1:17pm Feb 3, 2025 1:17pm
wait until support is broken to short
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Leave Israel alone and Palestine will be free
  • #195
  • Feb 3, 2025 1:22pm Feb 3, 2025 1:22pm
Quoting Forgediron
wait until support is broken to short {image}
It's not the billionaires way to go Short against the current bull run. It's either 1.2530 take profit or give back to the market....
Market Structure is the King.....
  • #196
  • Feb 3, 2025 1:26pm Feb 3, 2025 1:26pm
Quoting Forgediron
{quote} The daily was pretty strong. Nothing on the 4hr, but then the 1hr came into play {image} {image}
Are you drawing manually or using indicator for the zoning ?

If this is an indicator, what is the name ?

I am open to any question from you. Here is an interactive live call...
Market Structure is the King.....
  • #197
  • Feb 3, 2025 2:39pm Feb 3, 2025 2:39pm
Quoting Abeylyn
{quote} It's not the billionaires way to go Short against the current bull run. It's either 1.2530 take profit or give back to the market....
That sounds pretty corny and arrogant.
Don't think this is a good thread.
Sorry, by.
Leave Israel alone and Palestine will be free
  • #198
  • Feb 3, 2025 2:47pm Feb 3, 2025 2:47pm
Quoting Forgediron
{quote} That sounds pretty corny and arrogant. Don't think this is a good thread. Sorry, by.
Not intended to be arrogant. So sorry for the language.

Wishing you good luck.
Market Structure is the King.....
  • #199
  • Feb 3, 2025 2:51pm Feb 3, 2025 2:51pm
Quoting Abeylyn
{quote} It's not the billionaires way to go Short against the current bull run. It's either 1.2530 take profit or give back to the market....
80% of trades closed at 70 pips profit.

Remaining 20% expected to run 1.2530 TP.

Wishing myself goodluck .
Market Structure is the King.....
  • #200
  • Edited 6:50pm Feb 4, 2025 6:34pm | Edited 6:50pm
Quoting Abeylyn
{quote} 80% of trades closed at 70 pips profit. Remaining 20% expected to run 1.2530 TP. Wishing myself goodluck .
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20% still running. Stoploss adjusted to 1.2440 to protect some profits. Profit target still remains. 1.2530.

If price decide to go for liquidity sweep immediately, I will have to give about 40 pips more back to the market but if runs my way, I will make additional 50 pips to existing profits.

Nice day.
Market Structure is the King.....
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