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Cable Update (GBPUSD)

  • #854,841
  • Feb 21, 2025 5:16am Feb 21, 2025 5:16am
For 21 pts
Come on goldi
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yes yes yes
  • #854,842
  • Feb 21, 2025 5:20am Feb 21, 2025 5:20am
Quoting Headland
... 1hr right now looks much like 4hr recent PA. Ie; an upside b/o of something (4hr = last wk's hi, 1hr = y/day hi,) then another, and another @ slightly higher highs, but not much above it, then @ the final upside b/o hi - a drop-down below the other side of the recent ranginess on the t/f, which on 4hr was followed by a move up from there to decisive new highs. Will this repeat on 1hr now? Currently 1hr range lo (asian lo) acting as sbr
Demand met on 1st test of the prev 30min minor sw lo zone = pot supp that extends to current dly lo... will price challenge that range bottom again, after a 1st test from below it met sbr supply?

1hr below
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Trader with an Edge.
  • #854,843
  • Feb 21, 2025 5:40am Feb 21, 2025 5:40am
Quoting Moty
{quote} The signal is here {image}

Don't want to influence your trade, but I'm seeing support on M15 chart.
  • #854,844
  • Feb 21, 2025 5:42am Feb 21, 2025 5:42am
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yes yes yes
  • #854,845
  • Feb 21, 2025 5:53am Feb 21, 2025 5:53am
Quoting Moty
For 21 pts Come on goldi {image}
Switched to short for 13 pts
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yes yes yes
  • #854,846
  • Feb 21, 2025 6:08am Feb 21, 2025 6:08am
Switched to short agin
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yes yes yes
  • #854,847
  • Feb 21, 2025 6:16am Feb 21, 2025 6:16am
Quoting ScalaFX
{quote} closed, buy 2650
add 37
People don't plan to lose. They lose because they don't plan.
  • #854,848
  • Feb 21, 2025 6:23am Feb 21, 2025 6:23am
Quoting Moty
{quote} Switched to short for 13 pts {image}
Mf !!!!!!!!!!
He crooked me to go short
Switched to long again
Come on mf , break up this wick
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yes yes yes
  • #854,849
  • Edited 7:20am Feb 21, 2025 7:10am | Edited 7:20am
Quoting Pat Chiko
{quote} Beside looking at the chart for clues, im trying to understand that during consolidation, whether MM or IT are accumulating (buying quietly) or distributing (selling quietly). Hard question for me as newbie to answer. When the market has low volatility, prices move within a narrow range. This can happen when buyers and sellers are in balance (e.g., consolidation). However, is it possible to analyze it using volume, price action, and Wyckoff Theory ? 1. Clues from Volume & Price Action Accumulation (Smart Money Buying) Price moves in a tight...
Well, to know any of this you need some measurement of volume. Never seen volume indicator on your charts. What volume you are using in your analysis? Tick volume, futures volume?
  • #854,850
  • Feb 21, 2025 7:27am Feb 21, 2025 7:27am
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yes yes yes
  • #854,851
  • Edited 7:51am Feb 21, 2025 7:34am | Edited 7:51am
Now we have a complete estimate of the market range for GU today. I’ll go short 1.5 hours from now, 15 minutes after the red news, if the opportunity still exists. TP target: 1.2579. Lol and Good Luck!

Did one trade before and got some + little pips. A lot red news today.
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fooled by randomness in art
Meditation All Time Return: 8.9%
  • #854,852
  • Feb 21, 2025 7:35am Feb 21, 2025 7:35am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #854,853
  • Feb 21, 2025 7:53am Feb 21, 2025 7:53am
short 1.2645, 15 lots
vankiepsauff@gmail
  • #854,854
  • Feb 21, 2025 8:03am Feb 21, 2025 8:03am
19 Feb gave you the exit for 5 buys, 20 Feb gave you a good entry for 1 buy (always buy near the start of the day to keep staying in the market) and ended the day much higher, this is 1 of the days that you place a small sell at the end of day to hedge your Uptrend Bias risk, because you place a small buy everyday as long as Uptrend is intact, buys are just going to get more and more exposure.

Defense line level is ignored when there is not enough buys accumulated to justify exit any buys.
As usual, nothing to see here, keep calm and buy bits of GU every day, place a counter trend when the day pumped exceptionally well.

On the other hand, happy to report that my 20-week serious live account is still doing well, and still deserve the spot in my signature.
Still at 100% win rate currently, showed my friends about the result and they are so astonished that I have a no loss record after almost 5 months.
The "5 loss" you see in my Trade Explorer Report is my current 5 active trades that are not closed yet, the small loss is just temporary, once today market opens in about 30 mins, the loss will quickly evaporate and turn into profit.

Cheers.
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  • #854,855
  • Feb 21, 2025 8:19am Feb 21, 2025 8:19am
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yes yes yes
  • #854,856
  • Feb 21, 2025 8:19am Feb 21, 2025 8:19am
Quoting RoelsMajor
Now we have a complete estimate of the market range for GU today. I’ll go short 1.5 hours from now, 15 minutes after the red news, if the opportunity still exists. TP target: 1.2579. Lol and Good Luck! Did one trade before and got some + little pips. A lot red news today. {image} {image} {image}
Wish you good luck bro.
  • #854,857
  • Feb 21, 2025 8:19am Feb 21, 2025 8:19am
Quoting vankiepsauff
short 1.2645, 15 lots
What's your target?
  • #854,858
  • Feb 21, 2025 8:27am Feb 21, 2025 8:27am
Quoting Jackoboms
{quote} Wish you good luck bro.
Anything can happen. Things can change. Watch the market reaction after the red news, 15 minutes afterward.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #854,859
  • Feb 21, 2025 8:46am Feb 21, 2025 8:46am
Quoting ScalaFX
{quote} add 37
protected, 50 closed
People don't plan to lose. They lose because they don't plan.
  • #854,860
  • Feb 21, 2025 8:48am Feb 21, 2025 8:48am
Yen pairs given all their gains back in a flash! Daymn!
Insane in the Brain..
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