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Cable Update (GBPUSD)

  • #853,801
  • Feb 12, 2025 11:41am Feb 12, 2025 11:41am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #853,802
  • Feb 12, 2025 11:43am Feb 12, 2025 11:43am
Quoting Wavegarrick
{quote} Short update on my Gu trades. Zooming out, a Daily breakout and hold above the bullish flag are significant to bulls. I like a test of my yearly pivot at 1.27495. I hang in Cheers {image}
Zooming out on the daily time frame I remain bullish short to medium term and expect a retest of the most recent highs at 1.25423. I have 2 surviving buy trades with the last trade taken out for 50 pips profit on my trail stop.
I will not buy now and await a break and retest of 1.25423 for new buy entries.
Patience, the year is young.
Trade safe.
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Trade to trade another day
  • #853,803
  • Feb 12, 2025 11:54am Feb 12, 2025 11:54am
Quoting Wavegarrick
{quote} Zooming out on the daily time frame I remain bullish short to medium term and expect a retest of the most recent highs at 1.25423. I have 2 surviving buy trades with the last trade taken out for 50 pips profit on my trail stop. I will not buy now and await a break and retest of 1.25423 for new buy entries. Patience, the year is young. Trade safe. {image}
yea me to, but I had 51 pip profit on my trail stop...
  • #853,804
  • Feb 12, 2025 12:08pm Feb 12, 2025 12:08pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #853,805
  • Edited 1:48pm Feb 12, 2025 12:09pm | Edited 1:48pm
All extremes play today and ultimately sideways ! Only short taken before and last if can get 2440/30 with confirmation 2458
Update: more correct can do below 2400 towards 2360 next day !?
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #853,806
  • Feb 12, 2025 12:15pm Feb 12, 2025 12:15pm
Quoting Pat Chiko
{quote} {quote} GJ & EJ Both limit no hit.{image} {image} Reset
GJ

FVG filled.
SHORT set up
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #853,807
  • Feb 12, 2025 12:16pm Feb 12, 2025 12:16pm
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  • #853,808
  • Feb 12, 2025 12:20pm Feb 12, 2025 12:20pm
Quoting Pat Chiko
{quote} ONE PIP Scalp. What is it ? As I mentioned earlier, I’ve tested your trading system throughout January. After six days of testing, ( you heard it right SIX, not SEX day....) , there’s no need to extend the test for two years as some other claimed it. Now, regarding the idea of taking 1 pip profit—some people seem to misunderstand it. It doesn’t mean literally securing just 1 pip per trade. Instead, it refers to quick scalping trades where profits and losses are taken rapidly based on price action. Sometimes, trades may run beyond 13 pips...
Pat, did you make a withdrawal? Asking for a friend.
Always trade your own plan...I don't provide trading signals.
  • #853,809
  • Feb 12, 2025 12:27pm Feb 12, 2025 12:27pm
Quoting Coreg2004
{quote} Pat, did you make a withdrawal? Asking for a friend.
only Karen makes withdrawals here
People don't plan to lose. They lose because they don't plan.
  • #853,810
  • Feb 12, 2025 12:37pm Feb 12, 2025 12:37pm
Quoting Pat Chiko
{quote} GJ FVG filled. SHORT set up{image}
GJ

SHORT Scalp
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #853,811
  • Feb 12, 2025 12:38pm Feb 12, 2025 12:38pm
Quoting Mitiblotch
{quote} Looking at price this trades seems to be wrong for now. I've put my SL at 2490 which I believe should hit. I'll mitigate the loss through other means. Today is Wednesday that's usually a triple swap day and price is being bought up. It simply means higher prices are coming. If 2366 mobthly pivot holds, I'll no longer sell.
Miti, tight SL but if GU breaks below 1.2449 and stays there is a chance for recovery, at least a big chunk of change.
Attached Image (click to enlarge)
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Always trade your own plan...I don't provide trading signals.
  • #853,812
  • Feb 12, 2025 12:40pm Feb 12, 2025 12:40pm
Quoting Coreg2004
{quote} Pat, did you make a withdrawal? Asking for a friend.
Mr. President is smiling hearing that.......
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #853,813
  • Feb 12, 2025 12:44pm Feb 12, 2025 12:44pm
Quoting Coreg2004
{quote} Miti, tight SL but if GU breaks below 1.2449 and stays there is a chance for recovery, at least a big chunk of change. {image}
Yes. 2490 seems out of reach for now. Price seems to be responding to tweets and chatter but I know in the end it will go to its destined area. My earlier short was too early. I had held out for 2490 for 2 days now but upon the dump I suspected they'd go for lower liquidity but they pumped it up again. If it closes green tonight then it should go higher and hit my 2490 SL.

What's your view? I see you have 2490 on your chart too.
  • #853,814
  • Feb 12, 2025 12:46pm Feb 12, 2025 12:46pm
Quoting W0lfram
Open Interest has been increasing last 2 days {image} {image} Looking at next contract that's ~1.2422{image}
Interesting what was that, liquidation or aggressive build up
800 at single point
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Air force
  • #853,815
  • Feb 12, 2025 12:50pm Feb 12, 2025 12:50pm
Quoting Pat Chiko
{quote} GJ SHORT Scalp{image}
GJ

TP according to Waveskie dictionary.
If you scalp , use next S&R level for TP
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In this case we got nice FVG below the OB, that may get filled up.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #853,816
  • Feb 12, 2025 1:46pm Feb 12, 2025 1:46pm
Quoting ScalaFX
shorting Gold too 2904
how nice partials and protect
People don't plan to lose. They lose because they don't plan.
  • #853,817
  • Feb 12, 2025 3:38pm Feb 12, 2025 3:38pm
Quoting ScalaFX
{quote} added 2465, last pending short at 2490
2465 protected
People don't plan to lose. They lose because they don't plan.
  • #853,818
  • Edited 5:37pm Feb 12, 2025 4:52pm | Edited 5:37pm
Quoting W0lfram
{quote} Today's close gave good chances for a new high {image} {image}
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Not easy for bulls after hot cpi
Possibility for a new monthly high still prevails (under current conditions)
Lot of data today, everything may change
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Air force
  • #853,819
  • Feb 12, 2025 5:37pm Feb 12, 2025 5:37pm
for me no selling
i see 1.2650
buying the dips
  • #853,820
  • Feb 12, 2025 6:07pm Feb 12, 2025 6:07pm
Go North, Eorlingas! Move fast and smoothly within 7 hours. Lol
fooled by randomness in art
Meditation All Time Return: 8.9%
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