Had bit of spare time
drawn some levels I will be watching later today/tomorrow
drawn some levels I will be watching later today/tomorrow
Yesterday was the past
2
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
Disliked1.2680-1.2700s is a decisive support zone for bulls to keep hope on weekly and try taking it toward 1.28 first, 1.2840s and 1.2910 later. Bears have to base price below said support to target 1.2650 then toward 1.2560s Bulls clearly trying to form a bullish trend on daily and weekly but monthly still bearish waiting for a base below 1.2560s to confirm. Either way, a boost movement at the seen.Ignored
DislikedI have noticed recently that GU appears to have less volatility than many other pairs, appears to trade more in the opposite direction or inside of EU. It occasionally has less volatility than DXY. Not sure why. My suspicion is that the market is reacting to either more traders or at least traders trading in the same direction in GU.Ignored
Disliked...slow London session so far that's for sure (22/23pip range.) maybe U.s Gdp data later will shake it up a bit? 2nd break of Asian hi though to current dly hi - after 1st false break to 1hr. 1hr below {image}Ignored
Disliked{quote} GU My view on LO set up. Any constructive comment is welcome, even if you disagree, as it helps us develop and improve our knowledge. I'm eager any feedback, especially if you have different perspectives, as it make me see in others pespective. Thanks in advance PAT{image}Ignored
Disliked{quote} GU Revise set up. Very interesting trading GU as price movement are full of action dragging both seller /buyer into wrong side.{image}Ignored
Disliked{quote} Hi Pat. based on a multi-year large sample on the dly t/f on this gbpusd pairing, the chances of a bearish dly candle printing today is < 50% based on y/day's bullish engulf in an upswing on the t/f. Doesn't mean to say it won't happen of course, it could and be part of the lower probability not the greater probability on this particular occasion/instance.Ignored
Dislikedpicked a small long 2728 sl 2699 0,15% tgt 2870 will move sl @be if price prints 2748 edit: SL is 0.15%Ignored
Disliked{quote} Hi Headland. While the H1 structure broke up and filled the FVG (purple), I wouldn't rule out a pump up in the NY session before it retraces for the lower OB (red). With the H1's bullish pattern and FVG completion, a potential upward extension towards the upper OB could occur before retracement to the lower OB {image}Ignored