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pipfarm replied Aug 23, 2024Mistake made with GU always consider the primary trend of every chart H1 primary trend was up with the reversal taking place on the 15th of Aug when i traded the long for the big push up H4 primary trend was up and had reversed the prior downtrend ...
Cable Update (GBPUSD)
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pipfarm replied Aug 23, 2024From 5k down to full recovery and 2.5k profit in 1 hour letz hope these trades continue especially USDCHF might be going to the abyss, there is nothing below to stop it image image
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pipfarm replied Aug 23, 2024I have nearly recovered my losses (5k) from the last two trades with the usdjpy and usdchf shorts but the trades are still running will post the chart later, hopefully i can close and fully recover
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pipfarm replied Aug 23, 2024Powell most likely, i have a back up plan to short USDJPY and USDCHF as they were setting up for short but was not convinced the pull back has peaked
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pipfarm replied Aug 23, 2024Might have to wait for the Jerome Powel firework show before anything happens
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pipfarm replied Aug 23, 2024Going try a short here, Yesterdays break of structure on H1 and has closed below the higher low, today we have a swing up which i believe the expansion phase before the push down , or if you like price is forming an expanding flat for a correction ...
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pipfarm replied Aug 22, 2024Trade over had to close , profit on the short side , ,made up for a 10 pip loss on the long side
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pipfarm replied Aug 22, 2024Profit on short side now lets see how the long goes Two huge wicks rejection of old resistance image
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pipfarm replied Aug 22, 2024Sometimes it can be , what i am thinking is this current pattern down is corrective so why not when it breaks the top that means continuation to the upside.
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pipfarm replied Aug 22, 2024Certainly a break below 3080 negates any more upside for now, however i am looking for a break to the long side after this down side movement so long as it does not break your level.
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pipfarm replied Aug 22, 2024After the abc correction i will be watching for a break out to the upside image
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pipfarm replied Aug 22, 2024Scalp short, not my usual trade but the pattern at the top suggests some down side correction for now. Top pattern looks like A with abc regular flat now C down image
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pipfarm replied Aug 22, 2024Nice little trade on EURGBP this is my the way i set my screens up , 3 charts for every pair D1/ H4/H1 sometimes i will drop H1 down to M15 depending on what type of signal i am trading. You will see once again the market is making these expanding ...
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pipfarm replied Aug 20, 2024I should of stayed in that GU trade when i entered around the 2870 area, never mind had a nice profit from it and had a nice trade today still running on Cadjpy image
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pipfarm replied Aug 19, 2024No data means no Big players in the market so big liquidity sweeps are common searching for retail liquidity 1 min is making the exact same pattern as in that last chart i posted with the shaded area, will it sweep the highs again. image image
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pipfarm replied Aug 19, 2024I think that might still be c of abc see my chart , where i have the circled area that looks a up abc down and the swing you traded ( very well done) as c especially judging by the fast move up. So if im right it will come down below the previous ...
Cable Update (GBPUSD)
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pipfarm replied Aug 19, 2024Well done on that one cause it surprised me but still looking at this as liquidity grab , was not thinking that grab would go so high, i might be wrong but we will see if it drops to a new low Still absolutely no momentum behind that up move even ...
Cable Update (GBPUSD)