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pipfarm replied Sep 13, 2024There is no news to drive this move down which leads to my conclusion that MMs are closing long positions taking profit and now are looking at buying in lower
Cable Update (GBPUSD)
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pipfarm replied Sep 13, 2024I will take the short on GBPUSD and EURUSD and long EURGBP - only time to go counter is after the first break , after that no way for me anyway image
Cable Update (GBPUSD)
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pipfarm replied Sep 13, 2024The pattern has formed , break H1 high and dump , sept 18th is a few days off, MMs will want to keep buying lower because they know what is coming, news will be priced in before the event
Cable Update (GBPUSD)
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pipfarm replied Sep 13, 2024Do not forget people , what pattern will the correction make , for sure it will break the high on H1 for liquidity then come down , our old friend expanding triangle is a possibility The shorters are in and the stops (liquidity) are above the H1 higH
Cable Update (GBPUSD)
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pipfarm replied Sep 13, 2024I did not miss it, i got greedy and forgot to look to the left , how many times i marked that area then the next day refreshed the chart and forgot about it. Take the hit or wait for it to retrace, personally i think today we will see retracement ...
Cable Update (GBPUSD)
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pipfarm replied Sep 13, 2024Currently GBPUSD we have break out above the last lower high from the corrective downtrend , so maybe a pull back and longs for a while. First pullback in a new trend will usually retest the last the higher low before the last swing down image
Cable Update (GBPUSD)
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pipfarm replied Sep 13, 2024These yen pairs just keep on giving, woke up to 20K profit this morning, the usdcad and eurgbp trades did not pan out as expected so took a loss on these
Cable Update (GBPUSD)
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pipfarm replied Sep 12, 2024Your right , every time i try to trade from the H1 small swings i lose, get your bias from D1 find the correction on H4 and the bottom or top on H1 and gold is a perfect example D1 up H4 correction H1 bottom and it flew up
Cable Update (GBPUSD)
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pipfarm replied Sep 12, 2024Shorting ej,gj and aj long usdcad and eurgbp Straight away 6k profit - recovered some losses Unbelievable
Cable Update (GBPUSD)
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pipfarm replied Sep 12, 2024Bad day at the office, i should of known it would not go down cause Motty was shorting



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pipfarm replied Sep 12, 2024Going to attempt the short again, there is a rejection candle with a wick at least 4 times the body right at SBR on H1 image
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pipfarm replied Sep 12, 2024That did not go well , however the stop kept me in the trade , might just have to close manually or wait until it pulls back a bit to save some capital or just hold
Cable Update (GBPUSD)
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pipfarm replied Sep 12, 2024Sounds reasonable, at the moment price has moved back up to the top of A in my chart which would be old resistance became support now being retested after the break, seems to have rejected and coming down now. So i entered another batch short at ...
Cable Update (GBPUSD)
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pipfarm replied Sep 12, 2024Could be a very nice down move on GBPUSD H1 correction viewed on M5 is a very nice A (abc for B) C - meaning a possible strong move down image image
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pipfarm replied Sep 11, 2024What a day, 45K in profit then price reversed on me , lucky i took the profit on the break of the lows on some of the yen pairs. Still was a good day. My reasoning for taking profit on the break of the lows was that usually a mini trend forms as ...
Cable Update (GBPUSD)
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pipfarm replied Sep 11, 2024There is a corrective up move just started on M5 if that is what your looking for
Cable Update (GBPUSD)
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pipfarm replied Sep 11, 2024I see your logic on M5 chart trading back to the support that was broken, i used s/r for the swing pullbacks on most of the trades today worked a treat so far , now 34K USD profit
Cable Update (GBPUSD)