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Cable Update (GBPUSD)

  • #855,021
  • Feb 24, 2025 4:39am Feb 24, 2025 4:39am
1.26 or 1.27

Which one are gonna see this week?
  • #855,022
  • Feb 24, 2025 4:49am Feb 24, 2025 4:49am
Quoting Jackoboms
1.26 or 1.27 Which one are gonna see this week?
potentially both..
Insane in the Brain..
  • #855,023
  • Feb 24, 2025 4:51am Feb 24, 2025 4:51am
Quoting Theoak
Long in at 1.2650 stop 1.2643 target 1.2666
Lost on this trade. Still have target of 1.26666
In again at 1.2535 going to add
Don't trade what you think. Just what you see!!!
  • #855,024
  • Feb 24, 2025 5:06am Feb 24, 2025 5:06am
Quoting Moty
{image}
15m Tma slope is still bearish
After it will change, i will look for long entry with the 5m tma slope
Attached Image (click to enlarge)
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yes yes yes
  • #855,025
  • Feb 24, 2025 5:22am Feb 24, 2025 5:22am
Meanwhile UJ trade from Friday just hit TP. Same setup of course:

Attached Image (click to enlarge)
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USD gaining strength
  • #855,026
  • Feb 24, 2025 5:24am Feb 24, 2025 5:24am
...so, 50% of the last wk's lo - current dly/wkly/mthly/yrly hi move holds for now, - it being @ bottom of that prev 1hr/4hr sw lo zone = prev supp = pot supp that extends down to Fri's lo, and this was a test and hold of the 4hr part of a prev 1hr/4hr sw hi zone = prev rbs = pot rbs that starts @ 2638 and extends down to circa 2624, this @/around the Wkly pivot. 63% of 30day adr traveled so far today.

1hr, then 4hr below

... re b/o's; the 1st upside b/o of last wk's 2678 hi proved false to 4hr so far. Similarly the 1st downside b/o of today's asian lo proved false to 1hr so far. Price remains above last mth's 2575 hi.
Attached Image(s) (click to enlarge)
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Trader with an Edge.
  • #855,027
  • Feb 24, 2025 5:45am Feb 24, 2025 5:45am
Quoting Headland
...so, 50% of the last wk's lo - current dly/wkly/mthly/yrly hi move holds for now, - it being @ bottom of that prev 1hr/4hr sw lo zone = prev supp = pot supp that extends down to Fri's lo, and this was a test and hold of the 4hr part of a prev 1hr/4hr sw hi zone = prev rbs = pot rbs that starts @ 2638 and extends down to circa 2624, this @/around the Wkly pivot. 63% of 30day adr traveled so far today. 1hr, then 4hr below ... re b/o's; the 1st upside b/o of last wk's 2678 hi proved false to 4hr so far. Similarly the 1st downside b/o of today's asian...
Nice. I usually use a 20 day ADR. Did you arbitrarily choose 30 day or is there a reason?
  • #855,028
  • Feb 24, 2025 5:49am Feb 24, 2025 5:49am
Quoting sharingan9
{quote} Nice. I usually use a 20 day ADR. Did you arbitrarily choose 30 day or is there a reason?
Hi, I have used it forever, so don't really remember the reason, - probably because it gives a recent broadish take on the market, but not too broad that it is irrelevant? I'm guessing that was my thinking when I started using it, or at least I'd like to think there was reasoning behind it lol! I'm sure 20day serves 'the purpose' just as well.
Trader with an Edge.
  • #855,029
  • Feb 24, 2025 6:14am Feb 24, 2025 6:14am
GU dipped to the other side of the trend line, and that for me is a problem...
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  • #855,030
  • Feb 24, 2025 6:42am Feb 24, 2025 6:42am
Attached Image (click to enlarge)
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E. and BP 5' --- Longed both here NOW......................................

  • #855,031
  • Feb 24, 2025 7:12am Feb 24, 2025 7:12am
Quoting Moty
{quote} 15m Tma slope is still bearish After it will change, i will look for long entry with the 5m tma slope {image}

Still bearish slope
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2025-02-24-15-11-15-416_com.tradingview.tradingviewapp.jpg Size: 431 KB
yes yes yes
  • #855,032
  • Feb 24, 2025 7:19am Feb 24, 2025 7:19am
Quoting Pat Chiko
{quote} CABLE Update scalping position with some tiny profit{image} {image}
CABLE

Cautious with Cable—wait for a bounce or a break of structure before committing to any trade.
Any open trade , minimise the risk or reduce TP to nearest to strucuture.
Break struture , turn to bear. bounce ABC, continue as bull.
Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #855,033
  • Feb 24, 2025 7:24am Feb 24, 2025 7:24am
Quoting Pat Chiko
{quote} EU Scalping only Update some{image}{image}
EU

Same as cable.

Watch the strucuture break, or ABC bounce.
Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #855,034
  • Feb 24, 2025 8:06am Feb 24, 2025 8:06am
Quoting Pat Chiko
{quote} CABLE Cautious with Cable—wait for a bounce or a break of structure before committing to any trade. Any open trade , minimise the risk or reduce TP to nearest to strucuture. Break struture , turn to bear. bounce ABC, continue as bull. {image}

Thanks Pat. Here's what's bothering me, this is based on Tom Demark's trend line method. This suggests that GU completed the projected run. I'm on the sidelines for now.
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  • #855,035
  • Feb 24, 2025 8:09am Feb 24, 2025 8:09am
Attached Image (click to enlarge)
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Could go up but since its finding value above daily pivot but not sure if the perception has changed given the bearish signs. Lets see
  • #855,036
  • Feb 24, 2025 8:17am Feb 24, 2025 8:17am
Quoting Yngwie
Long 1.2628
closed 15p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #855,037
  • Feb 24, 2025 8:19am Feb 24, 2025 8:19am
Looks like the 5min 200EMA is king today
  • #855,038
  • Feb 24, 2025 8:23am Feb 24, 2025 8:23am
Quoting Pat Chiko
{quote} {quote} EJ & GJ Bro, I notice, that you've been steadily trading both yen crosses, especially GJ, for the past few weeks. This week, both EJ and GJ have been the best-performing assets in terms of predictability and technical analysis. Compared to other pairs I traded this week, these two respected key S&R zones, as well as Fib levels, making them much easier to analyze and trade. Because of this, executing trades required less mental strain, allowing for smoother decision-making. (As Newbie, I've limited thinking power than those with experience)...
EJ & GJ

Same same
correction abc

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #855,039
  • Feb 24, 2025 8:24am Feb 24, 2025 8:24am
12650 not cracking looks like this is it for the day. Will look to see if GJ will give up its gains
Insane in the Brain..
  • #855,040
  • Feb 24, 2025 8:25am Feb 24, 2025 8:25am
Quoting Guy1969
{quote} Thanks Pat. Here's what's bothering me, this is based on Tom Demark's trend line method. This suggests that GU completed the projected run. I'm on the sidelines for now. {image}
Thanks for your xcomment.

As newbie, i don't know how to use indicator.
Im still learning.

Anyways, thanks again for the Tom trend line indicator observation.


P/S But I only know Tom Holland aka Spider Man ( are they cousin ? ).
Joking only
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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