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- Bainbrito replied Jul 13, 2022
Happy with that, hope everyone has had a good day trading! Hello Bulls.
Cable Update (GBPUSD)
- Bainbrito replied May 10, 2022
I'm still expecting price to continue in its bearish trajectory, however the break below last weeks range has not shown much strength and price is starting to round. Although I am still bearish until price starts making HH and HL there are signs of ...
Cable Update (GBPUSD)
- Bainbrito replied May 5, 2022
I was wrong yesterday, I did not pay enough attention to the lack of volume in what I labelled as tests, these were actually signs of weakness, the low volume suggesting an absence of interested buyers. After the failed bullish breakout (UTAD) it ...
Cable Update (GBPUSD)
- Bainbrito replied May 4, 2022
Nice break above structure, so far conforming to Wyckoff accumulation theory, now in phase E. Very strong bullish candles prior to breakout is a good sign of strength and hopefully that strength will continue and price will trend higher - already ...
Cable Update (GBPUSD)
- Bainbrito replied May 4, 2022
Agreed, I have sketched a potential accumulation scenario but not convinced yet.
Cable Update (GBPUSD)
- Bainbrito replied Apr 27, 2022
Bottom starting to round, although not discounting a break of the low and more downside.
Cable Update (GBPUSD)
- Bainbrito replied Apr 26, 2022
Bear in full control, would wait until series of HH and HL on Daily or a solid reversal pattern on H4 confirmed by huge volume before going long. Bottom could be anywhere!
Cable Update (GBPUSD)
- Bainbrito replied Jan 17, 2022
I’m short but not too excited given it’s one red candle after many green (on Heikin Ashi at least). However if this is a lower high I’m hoping to scale in until we make a lower low and then see what happens PA wise.
Cable Update (GBPUSD)
- Bainbrito replied Jan 14, 2022
When I have laid bait for deer, I don’t shoot at the first doe that comes to sniff, but wait until the whole herd has gathered round. Otto von Bismarck, 1815–1898 Waiting for a red candle to short.. Not a great time to act now.
Cable Update (GBPUSD)
- Bainbrito replied Aug 10, 2021
I think it will go lower eventually but all out of positions for now. On the whole there’s not enough volume for me and both currencies are strong. Good week so far so don’t want to spoil that. Nice weather too at last. Good luck!
Cable Update (GBPUSD)
- Bainbrito replied Aug 9, 2021
Not expecting much to happen today, maybe later.
Cable Update (GBPUSD)
- Bainbrito replied Aug 7, 2021
Hi everyone, hope you all had a good week and are enjoying the weekend. Looking at old notes again and this seems to hold up well. I hope someone gets value from it at least, I’m personally thinking about creating a one sheet using this system as ...
Cable Update (GBPUSD)
- Bainbrito replied Aug 6, 2021
A good day but disappointed we didn't close below 1.384 - the bears are not out of the woods yet. Hope everyone has a great weekend.
Cable Update (GBPUSD)
- Bainbrito replied Aug 6, 2021
Selling at support is generally a dumb thing to do but happy to take the loss. Looks like it could flip to resistance soon enough. Or just drop with all the liquidity found. Price had been moving up on steadily declining volume so I’m guessing the ...
Cable Update (GBPUSD)