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- Andyibet replied Feb 18, 2022
3600 has been a fairly strong S/R level so far this year so may provide support this afto but a break down with a retest and maybe soyth it is.
Cable Update (GBPUSD)
- Andyibet replied Feb 18, 2022
Clearly looking at pa now im talking horse sh*t. Haha. But need to see where closes this hourly candle
Cable Update (GBPUSD)
- Andyibet replied Feb 18, 2022
The price has bounced off 10ma on H4 giving it ( for now ) support. Hourly could form a bull pinbar as M5 looks oversold. Hourly hold above 3612 could the 8n8cate a stop run but for me price has to be above 3620 before us open to be a uptrend ...
Cable Update (GBPUSD)
- Andyibet replied Feb 18, 2022
Sorry poor grammer. Pipped out for 0.1 of a pip. So a pippette? Anyhow price dropped to 36109 my stop was 36110. Either way im out. Ha Needs to hold higher than 3620 to continue imho but as you said, very little juice
Cable Update (GBPUSD)
- Andyibet replied Feb 18, 2022
15m hammer reversal long maybe? i went long at 3611 looking for 3680. optimistic for the day given ukraine but im at BE so i can walk away for an hour 11:33am: pipped out by 0.00001 of a pip to see price go back up. dont ya just love mother forex. ...
Cable Update (GBPUSD)
- Andyibet replied Feb 18, 2022
the 200 sma is at 3620 so may hold it up above that area
Cable Update (GBPUSD)
- Andyibet replied Feb 18, 2022
Hey i would suggest that unless ukraine is invaded today that a close above 3500 is a given. As a side note, i pulled some old templates from 2008 showing plotted levels at these price points. In 2016 those levels where respected and again in 2022. ...
Cable Update (GBPUSD)
- Andyibet replied Feb 16, 2022
At what time before FOMC do you guys stop trading? Or do you hope youre gonna catch the ride if tou have a trade on. Just interested as a comparison to my tactics
Cable Update (GBPUSD)
- Andyibet replied Feb 16, 2022
200ma and a fib level could cap it at 3610 area.
Cable Update (GBPUSD)
- Andyibet replied Feb 16, 2022
I know traders who use the margin call as there stop loss. Say you have a 100k portfolio Place 1k into an account. Trade half a lot and let it run for your profit. The market maker cant hunt your stop loss but spends a few minutes trying to email or ...
Why let yourself be margin called?
- Andyibet replied Feb 16, 2022
Also known gbpjpy called the widowmaker due to people trading cable then switching to gbpjpy. The far bigger swings caused a lot of emptied accounts and, euphamistically, dead men. Especially when the wife finds out
Why is GBPUSD called cable?
- Andyibet replied Feb 16, 2022
[quote=Nordling;13898822]UK inflation numbers came out, indicating that Pound will remain stronger than USD. Long term direction is north. However, today FOMC Minutes will be published. Last FOMC was more hawkish than anticipated, so FOMC Minutes ...
Cable Update (GBPUSD)
- Andyibet replied Feb 16, 2022
Wow. Yes well said. I actually agree with you. This could be done with multiple small accounts and a very big account just utilise small deposits in each trading account. With 100k and say 1000 in 100 accounts this could double in a few weeks. Dont ...
No Stop Loss Trading
- Andyibet replied Feb 16, 2022
There is a fib channel on mt4 and pro realtime as standard. Hope that helps
Analysis and Trading based on Envelopes, Waves, Cycles
- Andyibet replied Feb 16, 2022
Hey mysterio. Im out at 70. Daily r1 after bounce from support at 48. I posted yesterday asking about your charts. I am wondering where you get the bid offer spread from. Is it just your broker or the futures market.? Always interested to see ...
Cable Update (GBPUSD)
- Andyibet replied Feb 15, 2022
hello, new to the forum. been trading over 10 years but out of retirement due to divorce. been looking on here for years but not as a member so thought id join and get my feet wet again. mysterio i have been watching your trading style. i am ...
Cable Update (GBPUSD)
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