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- malcolmb14 replied Dec 23, 2020
keep it simple look at those two levels in your charts with long tails .. that is demand .... 1/3395 , 1.3370 area . Just draw horizontal support lines at those points . Those are where the buyers are sitting. no need for fractals and other fancy ...
Cable Update (GBPUSD)
- malcolmb14 replied Dec 23, 2020
you bought right at resistance ..... try and wait for breakout and test if you want to buy . A test is a low spread down bar on low volume
Cable Update (GBPUSD)
- malcolmb14 replied Dec 23, 2020
Interesting read on the thread as always ..... so my 2 cents lol place simple bollinger band on a chart standard setting. Ignore the outer limits of the ban but use the mid point as a trend 4 hour is down , 2 hour down, 1 hour flat , 30 up , 15 up ...
Cable Update (GBPUSD)
- malcolmb14 replied Nov 30, 2020
gbp is an account killer today .... random moves ...... between 3300 to 3400 is a min field ... if trading place stops either side and hope that this is not the day it springs and hits your stops. trade something trending ... like gold
Cable Update (GBPUSD)
- malcolmb14 replied Nov 22, 2020
easier said than done ... the biggest enemy in trading is our own minds ..... try having all winners. One trade came up with an interesting theory have small trade sizes and no stops ... large account ... the price will always come back to your ...
Cable Update (GBPUSD)
- malcolmb14 replied Nov 22, 2020
same way i trade .. trend alignment on multi time frames look for the entry on a test
Cable Update (GBPUSD)
- malcolmb14 replied Nov 21, 2020
1.3200 is now key level ... that break the bears have the ball
Cable Update (GBPUSD)
- malcolmb14 replied Nov 21, 2020
gbpusd could do anything ...... the daily range was the lowest we have seen since july ...... shows indecision
Cable Update (GBPUSD)
- malcolmb14 replied Nov 20, 2020
i respect everyone ... looking at 60 this can do anything at the moment all Uk we have been coiling like a spring . Lets see what US session does
Cable Update (GBPUSD)
- malcolmb14 replied Nov 20, 2020
whole market is acting irrational today ...gold gbp dax and dow a little patience is needed
Cable Update (GBPUSD)
- malcolmb14 replied Nov 20, 2020
exactly ... well said .. my comment was a joke and no one seemed to have got it ....
Cable Update (GBPUSD)
- malcolmb14 replied Nov 20, 2020
good to see gambling is still alive and kicking lol
Cable Update (GBPUSD)
- malcolmb14 replied Nov 20, 2020
go look at the last weekly gbpusd weekly chart arrows left to right 1 no demand ... low volume up 2 . upthrust on increasing volume confirming the no demand 3/. smart money love to screw people .. so they did up move but note volume is normal trues ...
Cable Update (GBPUSD)
- malcolmb14 replied Nov 20, 2020
ignore this statement the charts will show you 1000 pip drops do not just happens .... smart money makes up the news .....if you do not believe me look at indexes pre election .. covid oh no numbers rising ... indexes drop 10% .. elections Biden ...
Cable Update (GBPUSD)
- malcolmb14 replied Nov 20, 2020
happens all the time ... rejection of support or resistance and on fake breakouts (called hidden test in vsa) . its so easy for inexperienced traders to get screwed over all the time when all they need to do is wait for the test
Cable Update (GBPUSD)
- malcolmb14 replied Nov 20, 2020
i can be wrong ..... its rare lol trading is a patience game
Cable Update (GBPUSD)
- malcolmb14 replied Nov 20, 2020
noobs love to just sell off resistance ... its the easiest game for smart money to trap them ... ALWAY wait for restest after a failure of resistance thats excactly what they did this morning .. how many here were here we go ... gu 1.3150 1.... down ...
Cable Update (GBPUSD)