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Cable Update (GBPUSD)

  • #859,381
  • May 9, 2025 10:56am May 9, 2025 10:56am
68 pips and counting
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yes yes yes
  • #859,382
  • May 9, 2025 11:07am May 9, 2025 11:07am
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yes yes yes
  • #859,383
  • May 9, 2025 11:17am May 9, 2025 11:17am
It's highly likely bullish consolidation, zebi has to stay under a rock a lot longer.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #859,384
  • May 9, 2025 11:40am May 9, 2025 11:40am
Quoting Bones
It's highly likely bullish consolidation, zebi has to stay under a rock a lot longer. {image}
Hi Tony , you are fine . for this time I can see a high wave and a shooting star with a spinning top for three weeks ago .
Is this enough to see 1.31?
I think yes
  • #859,385
  • May 9, 2025 11:44am May 9, 2025 11:44am
[quote=Bones;15242179]It's highly likely bullish consolidation, zebi has to stay under a rock a lot longer. Zin fact we will see a down for Sushi and Cable and GJ
  • #859,386
  • Edited 12:55pm May 9, 2025 12:10pm | Edited 12:55pm
Strange how price doesn't retest bottoms before flying back up. I saw the SHS pattern with long tails in the morning but felt London would come back to check 3211 area but they just flew up. It's a situation where you just buy and make profit. No need to look at supports. Just buy. Although I hold a buy my 3270 short is still open. Now with a buy on a Friday there is doubt that price will go lower.
  • #859,387
  • May 9, 2025 12:11pm May 9, 2025 12:11pm
I say about trend for 3-day(small H4 channel-up),daily all way down.But this is not big daily trend. 1.31500.What happen there we will see.Can be reverse.
  • #859,388
  • May 9, 2025 12:48pm May 9, 2025 12:48pm
It is Friday a pullback like this happens. Added more sells positions, will take profit @ 1.27 price.
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  • #859,389
  • May 9, 2025 1:03pm May 9, 2025 1:03pm
Quoting Bones
It's highly likely bullish consolidation, zebi has to stay under a rock a lot longer. {image}

hey bones...how u doin?

Meanwhile, in Washington, Trump boasted about a trade deal with the UK after the chaos from his tariffs. “Only 180 countries to go,” Kimmel laughed. “He is very proud of himself for making a trade agreement with a country we were trading with just fine until he screwed it all up.”

I hope your happy paying an extra 10 percent for stuff u import

donnyboy may be right...we will get rich from all the foreign trumplovers

since he's collecting ukie debt they owe us for supplying them with arms I wonder if he'll demand repayment for lend/lease cause its been a long time ur country is in arrears LOL
short trump and go long the deepstate
  • #859,390
  • May 9, 2025 1:09pm May 9, 2025 1:09pm
Quoting Mitiblotch
Strange how price doesn't retest bottoms before flying back up. I saw the SHS pattern with long tails in the morning but felt London would come back to check 3211 area but they just flew up. It's a situation where you just buy and make profit. No need to look at supports. Just buy. Although I hold a buy my 3270 short is still open. Now with a buy on a Friday there is doubt that price will go lower.
Its now a vicious market where bots picks entry for market movers. The only solution is to watchout for the footprint of MM and use it to substantiate ones position.

I was taken trades at either Support/Resistance to be in conformity with automated entries taken by bots but sustained great losses in a roll.

Then learnt my lesson not to trade like bots....

The fact that price moved up directly today does not guarantee it will repeat same next week or any time sooner ...
Market Structure is the King.....
  • #859,391
  • May 9, 2025 1:53pm May 9, 2025 1:53pm
Quoting Zebi
{quote} hey bones...how u doin? Meanwhile, in Washington, Trump boasted about a trade deal with the UK after the chaos from his tariffs. “Only 180 countries to go,” Kimmel laughed. “He is very proud of himself for making a trade agreement with a country we were trading with just fine until he screwed it all up.” I hope your happy paying an extra 10 percent for stuff u import donnyboy may be right...we will get rich from all the foreign trumplovers since he's collecting ukie debt they owe us for supplying them with arms I wonder if...
USA #1 economy in the world, Military rank #1 in the world. China #2 economy in the world, military rank #3. Let that sink in. The way I see your comments is you are upset with Trump. You can't live without Trump, you can't even function without Trump. Every single post here you post is about Trump. When Trump finishes his term in four years, you will be left with nothing to do or say. It is sad. Your life is Trump.

Zebi "Trump" Zebi.
  • #859,392
  • May 9, 2025 2:31pm May 9, 2025 2:31pm
Quoting Moty
68 pips and counting {image}
every signal worth 10-15 pips
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yes yes yes
  • #859,393
  • May 9, 2025 3:08pm May 9, 2025 3:08pm
Quoting Moty
{quote} every signal worth 10-15 pips {image}
What indicators ur using kindly share with me
  • #859,394
  • May 9, 2025 3:30pm May 9, 2025 3:30pm
Quoting cp007
{quote} What indicators ur using kindly share with me
https://www.mql5.com/en/market/produ...ource=External
Attached File(s)
File Type: ex4 T3_clean.ex4   7 KB | 229 downloads
File Type: tpl TMA.tpl   18 KB | 200 downloads
yes yes yes
  • #859,395
  • May 9, 2025 4:04pm May 9, 2025 4:04pm
Quoting hussin naiji
{quote} Hi Tony , you are fine . for this time I can see a high wave and a shooting star with a spinning top for three weeks ago . Is this enough to see 1.31? I think yes
Hello Hussin, yes, I'm good and very pleased to see you're ok.
The main reason I don't believe those weeklies is the monthly.
Also, as Zebi said, Trump wants at least 10% tariff from everyone if that's the deal with the UK. The UK has a fairly balanced trade already.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #859,396
  • May 10, 2025 9:18am May 10, 2025 9:18am
Whoever lost on Friday to bulls, Monday is your day.
A possible leg down on Tuesday or Wednesday. I will share the chart and as well as update you as things progress forward.
  • #859,397
  • May 10, 2025 12:05pm May 10, 2025 12:05pm
Quoting Traderview
Whoever lost on Friday to bulls, Monday is your day. A possible leg down on Tuesday or Wednesday. I will share the chart and as well as update you as things progress forward.
Yes, I perfectly agreed but timing and ability to manage risk is key. And d big Boyz must also be around to assist in moving the train

Your charts would be highly appreciated.
Market Structure is the King.....
  • #859,398
  • May 10, 2025 12:11pm May 10, 2025 12:11pm
Quoting Traderview
Whoever lost on Friday to bulls, Monday is your day. A possible leg down on Tuesday or Wednesday. I will share the chart and as well as update you as things progress forward.
Timing element is the key.
Market Structure is the King.....
  • #859,399
  • Edited 6:06pm May 10, 2025 4:33pm | Edited 6:06pm
W/e technical summary / analysis

So far this month 37% of the 6mth amr has been traveled by price. Price closed the week below it's Wkly Pivot, (after failed 1st upside b/o of Wkly R1,) but above the Mthly Pivot, and above Yrly R1 still.

* Wkly A < 13wk awr week just closed, (81%.) This t/f closes the week with a confirmed HH @ 3444 in it's probable uptrend, after the 3 x HL's @ 2249, 2559, and 2709. 3 x long upper wicked hammer candle closes on this t/f now is certainly at least suggestive of some more downside at some point whilst 3444 holds, except to say that this week's just closed probably bullishly engulfs the previous?
* Dly Fri's < 30day adr dly candle (94%,) bullishly engulfs the previous on this t/f. The t/f closes in a consolidation phase of a general uptrend with fractal prints since the 3444 HH being HL, LH, and what will be a L @ Fri's/the week's 3211/12 lo or lower. Fri's bullish engulf close on this t/f is at least suggestive of more upside at some point whilst it's open/close holds? Worth noting that the 30day adr is back up to 118pips as of Friday's close.
* 4Hr closes the week rangy still, after a failed 1st downside b/o of the recent 3233 (last week's lo)-3444 range on that t/f. Arguably though, it could be said that the t/f is @ the start of a so far classic downtrend? The last gmt+3hrs price feed candle on this t/f was bearish.

So the 1st question going into next week's trading is - will that failed 1st downside b/o of the 4hr range described above, be followed by a truer downside b/o -or- were the bulls just hunting the stops under it for liquidity, for a further continued move north off the week's 3211/12 lo? Ie; will the last mthly candle, (part of a 3 white soldiers pattern on that t/f,) begin to play out this coming week?

I hope everyone had a good trading week.

EDIT: typo's and added a bit.

Wkly, Dly, then 4Hr (with 10/20/40 ema cross graphic,) below.
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Trader with an Edge.
  • #859,400
  • May 10, 2025 10:39pm May 10, 2025 10:39pm
Quoting msqk
while I was ..... BULL heat vaporized my SL at 3358, meanwhile I'm monitoring HI equilibrium 3321 currently below H4 at 3345, {image}
Hello buddy

Can you share this indicator with me please
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munlee