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Cable Update (GBPUSD)

  • #852,681
  • Feb 4, 2025 1:52am Feb 4, 2025 1:52am
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yes yes yes
  • #852,682
  • Feb 4, 2025 1:53am Feb 4, 2025 1:53am
let's go mister goldi
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yes yes yes
  • #852,683
  • Feb 4, 2025 2:09am Feb 4, 2025 2:09am
G/M, quite a recovery y/day after the gap down and move down to 2248 current wkly lo, resulting in a big > 30day adr bullish-bodied mult-engulf x 2 hammer candle on the dly t/f. Today so far a test on y/day's hi in early asian session met sellers for a move down to asian lo, and a bounce up from there.

1hr below
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Trader with an Edge.
  • #852,684
  • Feb 4, 2025 2:19am Feb 4, 2025 2:19am
Yes yes yes
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yes yes yes
  • #852,685
  • Feb 4, 2025 2:43am Feb 4, 2025 2:43am
...will we see an upside follow-thru on y/day's dly hammer candle? Perhaps too last week's effective inside candle after the prev week's big bullish thrust candle still exercising influence as well? 1hr in a general uptrend, 4hr rangy-bullish?

4hr below
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Trader with an Edge.
  • #852,686
  • Feb 4, 2025 2:46am Feb 4, 2025 2:46am
Quoting Mitiblotch
Short 2408. {image}
For the sake of probity. Trade is still running and I added a sell limit at 2440. TP will be at least 2280.
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  • #852,687
  • Feb 4, 2025 2:55am Feb 4, 2025 2:55am
If confirm at 2382 then may target 2310, so easily earliest confirmation 2405
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #852,688
  • Feb 4, 2025 3:01am Feb 4, 2025 3:01am
...probably some retail buy stops triggered just above this prev minor 1hr sw hi zone, before the drop-down and recovery. More above y/day's hi no doubt and more again maybe some bigger-player stops above that prev 1hr/4hr/minor dly sw hi = prev res = pot res that extends up to 2476, with Wkly R1 just above that @/around 2478.

Last week's 2524 hi not looking so far off now for the longer-term bulls? 1st downside b/o of last week's 2386 lo proves false to 4hr.

1hr below
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Trader with an Edge.
  • #852,689
  • Edited 3:22am Feb 4, 2025 3:01am | Edited 3:22am
im still full of adrenaline from last nights price action that i cant sleep so lets see what mischief I get myself in during londons session

when I first started trading futures were the only game in town...forex brokers didn't exist in USA and

and one fed day when greenspan ran things I bot a bunch of ES contracts which just started trading few years before and that's why the daytraders flocked to that...well anyways I bot up to my limit and made 10k in about 30 minutes

I was so excited I spontaneously came in my pants LOL...I'm not to that excitement level yet but I'm sure shorting trump will be even better

of course I lost all that money and my account a couple weeks later so all I have is just the memory LOL
short trump and go long the deepstate
  • #852,690
  • Feb 4, 2025 3:15am Feb 4, 2025 3:15am
Ty for another long set up
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yes yes yes
  • #852,691
  • Feb 4, 2025 3:24am Feb 4, 2025 3:24am
...just added a couple of 30min zones I had missed. the red t/line is a 15min asc t/line.

1hr below
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Trader with an Edge.
  • #852,692
  • Feb 4, 2025 3:28am Feb 4, 2025 3:28am
Quoting elude
{quote} {image} 10,000 multiplied by within a bracket, a higher point subtracted by a lower point, is equal to something in PIP(s) or 100,000 multiplied by within a bracket, a higher point subtracted by a lower point, is equal to something in Point(s)
Thanks for the knowledge.
Appreciate that.
Will inform my friend on this
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #852,693
  • Feb 4, 2025 3:29am Feb 4, 2025 3:29am
Quoting luisinho
{quote} 549 pips or, in points terms, 5490 points. you're welcome
Thanks Bro for sharing knowledge.
I will inform my friend on the correct number.

I hope he's not upset.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #852,694
  • Feb 4, 2025 3:50am Feb 4, 2025 3:50am
193 area for GJ to crack. So far quite resistant but a break above takes us to the 194-195 zone which will be the area I’m looking to short from
Insane in the Brain..
  • #852,695
  • Feb 4, 2025 4:00am Feb 4, 2025 4:00am
...gmt+2 price feed 4hr candle just closed per chart below. No asian session hi or lo b/o either way yet during London session, and they presently remain as current dly hi and lo. No b/o either, of y/day hi or lo either way, so far today, or indeed any upside b/o of last wk's hi, after the false 1st downside b/o of last wk's lo y/day.

4hr below
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Trader with an Edge.
  • #852,696
  • Feb 4, 2025 4:08am Feb 4, 2025 4:08am
Quoting Pat Chiko
{quote} CABLE End of scalping. Waititng for new set up, I wait whenever they are ready to go. {image} {image}

CABLE

Wait for LQ to be taken out.
Then if there is set up,
Going to short.

ATM just sitting out side feel the grass and fresh air.
No hurry i got time to wait.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #852,697
  • Feb 4, 2025 4:14am Feb 4, 2025 4:14am
Quoting BeeTogether
193 area for GJ to crack. So far quite resistant but a break above takes us to the 194-195 zone which will be the area I’m looking to short from
GJ

Getting tight
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not in trade and passing thru.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #852,698
  • Feb 4, 2025 4:16am Feb 4, 2025 4:16am
Quoting W0lfram
{quote} And you triggered again (re-)Count your fascinating waves, boy
first of all: i am not your boy.
second: yes, i was stopped out due the opening gap @Sunday but reentered long with very good profit.
3rd: re counting is part of (my) trading!
now go on with your "statistics"
  • #852,699
  • Feb 4, 2025 4:23am Feb 4, 2025 4:23am
Quoting thevisitor
{quote} first of all: i am not your boy. second: yes, i was stopped out due the opening gap @Sunday but reentered long with very good profit. 3rd: re counting is part of (my) trading! now go on with your "statistics"
Of course not, we're not on Netflix lol
And thanks g*d I have a wife

I don't care about your trades or methods, no need to tell about'em. Never tagged you.
If my posts are boring - ignore. What's the problem?
Air force
  • #852,700
  • Feb 4, 2025 4:24am Feb 4, 2025 4:24am
Quoting Pat Chiko
{quote} GJ Getting tight{image} not in trade and passing thru.
GJ

Looking LTF, saw this set up.
But have to wait a bit to validate the swing count.

Just wait and may be in few hour , we may see LOW risk ( plus LOW drawdown) trades to take.

Just dont take large drawdown, it is not productive plus unnecessary tension watching the chart
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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