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Cable Update (GBPUSD)

  • #855,861
  • Mar 4, 2025 6:16am Mar 4, 2025 6:16am
Quoting ThaoAnh
{image}
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  • #855,862
  • Mar 4, 2025 6:24am Mar 4, 2025 6:24am
Quoting shay14
{quote} you're right sadly
Hi. I am guessing from your last 2 posts that you are holding a short (s?) Maybe Trump will say/do something pro-$ to save them? You never know, anything can happen. Good Luck.

-------------------------------

It's probably safe to say that the Yrly pivot has just about been reached @ current dly hi.
Trader with an Edge.
  • #855,863
  • Mar 4, 2025 6:25am Mar 4, 2025 6:25am
Quoting Headland
{quote} Hi. I am guessing from your last 2 posts that you are holding a short (s?) Maybe Trump will say/do something pro-$ to save them? You never know, anything can happen. Good Luck.
thank you !
  • #855,864
  • Mar 4, 2025 6:27am Mar 4, 2025 6:27am
Quoting BeeTogether
{quote}
it’s playing ping pong just below the days opening area. So far 190 quite resistant. Although as we are not in down from the daily opening by over 100 pips we may see a slight correction later on the day to maybe a slight above this potentially taking us to 19050ish
Sorry, I fell asleep.
Viewing on tf h1, it looks like it is going to make a W formation, up from here; or may go to 188 first, then up, to 190 or slightly higher; And to 191 may be possible as well
  • #855,865
  • Mar 4, 2025 6:30am Mar 4, 2025 6:30am
Quoting Headland
{quote} Hi. I am guessing from your last 2 posts that you are holding a short (s?) Maybe Trump will say/do something pro-$ to save them? You never know, anything can happen. Good Luck. ------------------------------- It's probably safe to say that the Yrly pivot has just about been reached @ current dly hi.
How to check yearly pivot and monthly pivot??
  • #855,866
  • Mar 4, 2025 6:31am Mar 4, 2025 6:31am
Quoting Headland
...let me ask a question - when it is very obvious that, after price tested last week's lo @ the beginning of this week (y/day -early,) and made a strong up move off it, breaking upside of last wk's hi, and the dly is going to close very bullishly @ well over 150% of it's adr, who would short it expecting a cricket score? I suppose one answer to that is - those 'averaging in' to a loser from well below. Re last mth's bullish-engulfing candle,
If that person, whoever it is, says sorry for gaslighting the thread, I think we should accept it headland.
I suggest that if he says Bones and Headland and Coreg are the best traders he's ever seen, we should let it go.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #855,867
  • Mar 4, 2025 6:31am Mar 4, 2025 6:31am
Quoting vankiepsauff
{quote} add short 1.2716
stop out 1.2736
vankiepsauff@gmail
  • #855,868
  • Edited 6:51am Mar 4, 2025 6:34am | Edited 6:51am
... next to the upside in respect of prev sw hi or lo zones are 2 x prev1hr/4hr sw hi zones = pot res next, 1st up to 2787 then another to up 2898, these being 1st and 2nd tests of a prev 1hr/4hr/dly /wkly sw hi zone = prev res x 2 = pot res that extends up to 2811, and this itself is coexistant with and a 1st test of a prev sw lo zone = prev sbr = pot sbr on the dly t/f that starts @ 2798.

EDIT: corrected typo.

dly, then other stuff below.
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Trader with an Edge.
  • #855,869
  • Mar 4, 2025 6:40am Mar 4, 2025 6:40am
Quoting Bones
{quote} If that person, whoever it is, says sorry for gaslighting the thread, I think we should accept it headland. I suggest that if he says Bones and Headland and Coreg are the best traders he's ever seen, we should let it go.
Hi, Lol...don't hold your breath! The serious point though is that he dishes it out so often and many times with untruths, (as I pointed to in a previous post,) repeating lies so often that presumably maybe he hopes they will become true, (at least in the minds' of the readers' of his posts,) that he deserves some flack - but based on fact not fiction. But hey, it's only one trade and we can't judge a trader on one trade alone, other than to genuinely critique it, even from a fundy point of view that got him into it. Because his ego is so tied up with his trades/posts I don't think though that a genuine discussion is possible without being met by a barrage of insults and lies in response.

----------------------------

Quoting mangekyou
{quote} How to check yearly pivot and monthly pivot??
There are indicators for them, just do a search here for eg, and if not work them out with a pivot calculator, just Google for one. Other sites like FXstreet actually publish them for dly t/f upwards.
Trader with an Edge.
  • #855,870
  • Mar 4, 2025 6:47am Mar 4, 2025 6:47am
To be fair, noticing one body engulfs another takes years of specialist training; it's NOT for newbies.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #855,871
  • Mar 4, 2025 7:11am Mar 4, 2025 7:11am
Quoting elude
{quote}
I forgot tomorrow is Friday. SLs could be insufficient StopLosses moved to 1.25448
therefore
Bought 1.26318 / SL 1.25448 (87 PIPS ; 3.04%) / TP 1.27218 (90 PIPs)
Bought 1.26178 / SL 1.25448 (73 PIPS ; 2.55%) / TP 1.27218 (104 PIPs)
(subject to change depends on market situation)
Re-setting SLs / TPs for both trades
SLs 1.27298 (+112 PIPs ; +98 PIPs ) / TPs 1.27648 (147 PIPs ; 133 PIPs)
  • #855,872
  • Mar 4, 2025 7:13am Mar 4, 2025 7:13am
Hello 1.286
  • #855,873
  • Mar 4, 2025 7:35am Mar 4, 2025 7:35am
Quoting ThaoAnh
{quote} {image}
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  • #855,874
  • Mar 4, 2025 7:42am Mar 4, 2025 7:42am
USD weak yet no big moves yet (yen pairs are on a different level voodooness)
Insane in the Brain..
  • #855,875
  • Mar 4, 2025 7:48am Mar 4, 2025 7:48am
[trích dẫn=ThaoAnh;15169754]{trích dẫn} {hình ảnh}[/trích dẫn]
Oh you are a great trader!!!!!
  • #855,876
  • Edited 8:07am Mar 4, 2025 7:54am | Edited 8:07am
Broadening Top formation with a clear True Trend divergence. I anticipate a collapse of GU soon. I am short with a TP at the monthly pivot: 1.2514.
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Observation is the path to discovery.
  • #855,877
  • Edited 8:10am Mar 4, 2025 7:59am | Edited 8:10am
good day GU traders. PA is showing signs of temporary exhaustion and a confluence of resistance @ 1.28 area. setting TP on all long positions, 1.2165, 1.2245, 1.2377, 1.2423, and 1.2457, @ 1.2797 if triggered will reassess GTC limit buy order @ 1.2486 and consider the possibility of adding another position for a total of 3. good luck this week. pip is 100th of a cent, price, daily bars, small positions, ladder into trends, catalyst is inconsequential, fundamental's are subjective, ignore the news it is intended to manipulate. "old man shit" long shot strategy....... unleveraged XRP
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"The Rich Never Pay Retail"
  • #855,878
  • Mar 4, 2025 8:02am Mar 4, 2025 8:02am
Quoting ScalaFX
{quote} add 2740
managing
People don't plan to lose. They lose because they don't plan.
  • #855,879
  • Mar 4, 2025 8:12am Mar 4, 2025 8:12am
Quoting mangekyou
{quote} I am a total noob here, could you please explain how do we determine the low of the month? I have been asking left and right and no one seem to wanna share
There is no lower wick on monthly candle yet.
Your broker may have it, but I trust CME
Air force
  • #855,880
  • Mar 4, 2025 8:19am Mar 4, 2025 8:19am
Quoting W0lfram
{quote} There is no lower wick on monthly candle yet. Your broker may have it, but I trust CME

So when there is no wick, how do we determine the Low of the month like Headland did? Is it the same with Monthly Pivot? If no, how do we determine what price is the monthly pivot at??

Thankssss for replying
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