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Cable Update (GBPUSD)

  • #860,261
  • Edited 10:40pm May 22, 2025 9:26pm | Edited 10:40pm
So weekly successfully taken off for mission 3580 target!! Let's see
Anyway testing 3453 at last and 3470 to confirm to do so! Watching
Attached Image (click to enlarge)
Click to Enlarge Name: download - 2025-05-23T082411.306.png Size: 16 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #860,262
  • May 22, 2025 10:03pm May 22, 2025 10:03pm
Quoting Traderview
Tomorrow 1.3420 - 1.3350. 70 pips up for grabs. Enter as early as you can. Even in the Asian session could happen.
Patience, Patience and Patience....
  • #860,263
  • May 22, 2025 10:05pm May 22, 2025 10:05pm
Quoting fontu
So weekly successfully taken off for mission 3580 target!! Let's see Anyway testing 3453 at last and 3480 to confirm to do so! Watching {image}
1.3481 is possible.
  • #860,264
  • May 22, 2025 10:16pm May 22, 2025 10:16pm
I have a habit of screwing myself over on Fridays so I'm just going to demo trade and try to cement my strategy. I've recovered from my fall back to £30, and have got back up to £217. Mostly over leveraging. But it does suggest that I have a working strategy that could be sustainable with lower leverage, because 623% return in a week certainly isn't.

To give you an idea of the extent of over leverage...5% risk on a 2 pip SL.
  • #860,265
  • May 22, 2025 10:38pm May 22, 2025 10:38pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 21 KB
yes yes yes
  • #860,266
  • Edited 11:24pm May 22, 2025 10:48pm | Edited 11:24pm
Quoting Traderview
{quote} 1.3481 is possible.
enough if breaks and confirmation 3468, but should more , over 3500++ . say 3530
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 13 KB
Click to Enlarge Name: GBPUSDM15.png Size: 14 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #860,267
  • May 22, 2025 11:32pm May 22, 2025 11:32pm
Sell GU now @ 1.3449 Stoploss 1.3475
Market Structure is the King.....
  • #860,268
  • May 23, 2025 12:13am May 23, 2025 12:13am
Bull raping of bears once breakout of 1.34448 is validated all focus on the upside!!
Keep the Lights on then you can catch the rise from the dark.
  • #860,269
  • May 23, 2025 12:21am May 23, 2025 12:21am
Quoting Abeylyn
Sell GU now @ 1.3449 Stoploss 1.3475

its a multi year high, risky imo
trading is like dancing, don't think and just listen to the music!
  • #860,270
  • May 23, 2025 12:23am May 23, 2025 12:23am
Quoting Abeylyn
Sell GU now @ 1.3449 Stoploss 1.3475
Loss taken on Short.
Market Structure is the King.....
  • #860,271
  • May 23, 2025 12:26am May 23, 2025 12:26am
Wanted to buy 3453 but in a blink it moved to 3475. I'll probably just wait. This can still hit MR1 at 3614.
  • #860,272
  • Edited 12:59am May 23, 2025 12:28am | Edited 12:59am
perfect take off , ok 3480 may correct but not necessary as well , watching if test 3500 first ! take care
checking what gold and eurusd doing , may they still to up further before next correction if .
so bounce may do further ups
so levels reaction for gold may 3339 , eurusd 1344, till then may safe run! specially may follow eurusd !

eurusd test 1344 .better breaks up in next leg up yet more care
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM301.png Size: 14 KB
Click to Enlarge Name: EURUSDM30.png Size: 13 KB
Click to Enlarge Name: GOLDM30.png Size: 14 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #860,273
  • May 23, 2025 12:29am May 23, 2025 12:29am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 21 KB
yes yes yes
  • #860,274
  • May 23, 2025 12:30am May 23, 2025 12:30am
I missed an entry yesterday. So I bought eur today.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20250523_082923.jpg Size: 370 KB
Always follow your own shit
  • #860,275
  • May 23, 2025 12:31am May 23, 2025 12:31am
Weekly high taken. Will it continue to 1.3490-1.35 or was that the high of the week?
  • #860,276
  • May 23, 2025 12:32am May 23, 2025 12:32am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 57 KB


YEAH. . . . Lifting SLs up , in a hurry. . . . .

  • #860,277
  • May 23, 2025 12:42am May 23, 2025 12:42am
Quoting MrFanciful
Weekly high taken. Will it continue to 1.3490-1.35 or was that the high of the week?
Looks like we have the answer
EDIT: Or not?
  • #860,278
  • May 23, 2025 12:42am May 23, 2025 12:42am
Quoting Headland
{quote} Lol. I know what the market is doing, but I have no clue what it will do next, but this is not a problem, as you suggest it is. I'm very comfortable with it - because I have an edge, and this can give me the probability if it sets up, but only the probability, and there is no guarantee that say the greater probability will play out on any given individual instance. I am not surprised you trade confidently - you are racking up worthless gains in demo. Confidence though does not equal certainty. Let us know how you get on spending those demo...
You are reading good theory books, I give you that!!
I only follow traders with IQ above 160
Challenge Tour All Time Return: 1,004.1%
  • #860,279
  • May 23, 2025 12:51am May 23, 2025 12:51am
This is again a dollar sell off. As such, sellers aren't necessarily wanting to get out at a good price, they might just want out and therefore willing to take any price.
  • #860,280
  • May 23, 2025 12:51am May 23, 2025 12:51am
Quoting Headland
{quote} Lol. I know what the market is doing, but I have no clue what it will do next, but this is not a problem, as you suggest it is. I'm very comfortable with it - because I have an edge, and this can give me the probability if it sets up, but only the probability, and there is no guarantee that say the greater probability will play out on any given individual instance. I am not surprised you trade confidently - you are racking up worthless gains in demo. Confidence though does not equal certainty. Let us know how...
THE KEY
MY OPINION NOT FINANCIAL ADVISE
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