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Cable Update (GBPUSD)

  • #859,341
  • May 9, 2025 12:36am May 9, 2025 12:36am
only resistance zones...a clear short day for me today, even more than my usual daily target of +20 pips are in the cards.
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trading is like dancing, don't think and just listen to the music!
  • #859,342
  • May 9, 2025 12:42am May 9, 2025 12:42am
Quoting Abeylyn
{quote} Asian Session breaks the Intraday Structure Support to continue adding more to profit on the remaining 20% trade. Now over 120 pips profit. {image} {image} I will continue to Sell any pullback until price touch of Key Support level @ 1.3080. Next minor Support @ 1.3180. Expecting pullback in price at any moment from now.
dear trader, you're up early. i couldn't do that. i only trade from frankfurt/london open to london close
trading is like dancing, don't think and just listen to the music!
  • #859,343
  • May 9, 2025 1:35am May 9, 2025 1:35am
[quote=birdland;15241491]{quote} dear trader, you're up early. i couldn't do that. i only trade from frankfurt/london open to london close[/quo

Great Friend,

Market has been crazy lately and it would be suicidal for me to have a trade open and sleep throughout the Asian session.

Yours is the ideal time to trade and pick the best but the Asian movers can be disastrous to existing open trades.

I will be Selling again today with any pullback until touch of Daily key level.

Where is your next Daily Support. ?

Have a nice pipping day friend.
Market Structure is the King.....
  • #859,344
  • May 9, 2025 1:40am May 9, 2025 1:40am
Quoting birdland
only resistance zones...a clear short day for me today, even more than my usual daily target of +20 pips are in the cards. {image}
Where is your next Support ?

Have a nice pipping day friend.
Market Structure is the King.....
  • #859,345
  • May 9, 2025 1:43am May 9, 2025 1:43am
[quote=Abeylyn;15241535]
Quoting birdland
{quote} dear trader, you're up early. i couldn't do that. i only trade from frankfurt/london open to london close[/quo Great Friend, Market has been crazy lately and it would be suicidal for me to have a trade open and sleep throughout the Asian session. Yours is the ideal time to trade and pick the best but the Asian movers can be disastrous to existing open trades. I will be Selling again today with any pullback until touch of Daily key level. Where is your next Daily Support. ? Have a nice pipping day friend.

thats why i have seldom positions overnight and try to close as soon as possible my position(s);-)
and i also prefer a high daily winning rate rather than many pips. but thats me.


my first Daily Support is above 1.3200-1.3210, there is also pivot daily S1 (1.3202)

i also watch Daily, then H4, H1 and trigger always from m15. Weekly and Monthly is for my trading not so important.

with H4 its tricky, because everybody has different H4 candles due to different broker times. but i can handle it.
trading is like dancing, don't think and just listen to the music!
  • #859,346
  • May 9, 2025 2:33am May 9, 2025 2:33am
Sell limit 3270. TP 3160.
  • #859,347
  • May 9, 2025 2:39am May 9, 2025 2:39am
Trading is all about...
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  • #859,348
  • May 9, 2025 2:41am May 9, 2025 2:41am
"Small cracks sink big ships. Sweat
the details."
  • #859,349
  • May 9, 2025 3:24am May 9, 2025 3:24am
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yes yes yes
  • #859,350
  • May 9, 2025 4:04am May 9, 2025 4:04am
Morning all! Or afternoon for those like me who can’t even remember to wake up on time!

GU looks bearish but can’t rule out a visit of the low 133X

im long GJ at 19290 so currently under but looking at a TP of 19340-80
Insane in the Brain..
  • #859,351
  • May 9, 2025 4:27am May 9, 2025 4:27am
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yes yes yes
  • #859,352
  • May 9, 2025 4:51am May 9, 2025 4:51am
Sold 1.3271
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #859,353
  • May 9, 2025 5:04am May 9, 2025 5:04am
It seems interesting if fibo can gve a sharp rejection
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https://x.com/moneyprinte
  • #859,354
  • May 9, 2025 5:14am May 9, 2025 5:14am
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yes yes yes
  • #859,355
  • May 9, 2025 5:25am May 9, 2025 5:25am
A slow burn today. Closing here for the day, it's likely to continue given the China/US meeting this weekend. Gold did not dissapppoint. Cheers All.
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  • #859,356
  • May 9, 2025 5:31am May 9, 2025 5:31am
Quoting Abeylyn
{quote} {image} {image} Still going good. 80% of the trade will be closed here while 20% allowed to contend with Asian session retracement.
Currently at 1.3279 Intraday high for GU. Can these level be sustained before price will continue downwards. ?

Watching passionately to see the intervention of Market Mover to enable me go Short again...
Market Structure is the King.....
  • #859,357
  • May 9, 2025 5:40am May 9, 2025 5:40am
[quote=birdland;15241539]
Quoting Abeylyn
{quote} thats why i have seldom positions overnight and try to close as soon as possible my position(s);-) and i also prefer a high daily winning rate rather than many pips. but thats me. my first Daily Support is above 1.3200-1.3210, there is also pivot daily S1 (1.3202) i also watch Daily, then H4, H1 and trigger always from m15. Weekly and Monthly is for my trading not so important. with H4 its tricky, because everybody has different H4 candles due to different broker times. but i can handle it.
Thanks for the response.
Market Structure is the King.....
  • #859,358
  • May 9, 2025 6:50am May 9, 2025 6:50am
Quoting Mitiblotch
Sell limit 3270. TP 3160.
Active. Will hold for TP or at least until 3200 is touched.
  • #859,359
  • May 9, 2025 7:25am May 9, 2025 7:25am
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yes yes yes
  • #859,360
  • May 9, 2025 7:43am May 9, 2025 7:43am
Hello. You can either see the recent 4hr range extremes as being points A and B, -or- slightly more recently,points B and C, Last wk's 3444 hi being the failed 1st upside b/o of both the A-B and B-C ranges. Whatever the case, we have a 1st failed downside b/o of the B-C range (and last wk's 3258 lo) this morning, with likely sell stops below the more recent range being triggered and bought, and demand met in the prev 1hr/4hr sw lo zone = prev supp = pot supp that extends down to 3202, this in itself being a 1st test of the top of the prev 1hr/4hr/dly sw hi zone = prev rbs = pot rbs that begins @ 3208, and which is very wide on the dly t/f.

50% of the y/day hi - asian/current dly lo move @ the current dly hi.

4hr below
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