Dislikedstop loss dont trigger when market gap..but dont worry u will be ok..now way i can see this level not being tested (actually forget i say anything not like i got anything thing right lately)..lolIgnored
Yesterday was the past
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
Dislikedstop loss dont trigger when market gap..but dont worry u will be ok..now way i can see this level not being tested (actually forget i say anything not like i got anything thing right lately)..lolIgnored
Dislikedcorrect, only when it actually moves through the range while tha market is open,
does this mean you could also remove a T/P @1.5250 if the market opens lower than this?Ignored
DislikedStill can't help but feel it will be like climbing Everest for this thing to rise significantly. The 200ema, 55ema, 60sma and 100sma of every timeframe from monthly down to 15mins are like a tonne of bricks on this pair. TL's getting steeper and Euro downgrades??? Am I missing something?Ignored
DislikedYeah ok, I guess "significant" has different meanings for different traders with pip targets etc. Personally, I look at every timeframe then drill down. Also, I don't use S/R as much as TL's (they tend to coincide anyway). If
one of my TL's receives a double touch without touching the opposite side of the trendline in between these touches, it is invalidated (by me that is). I feel that is why we have this weekly cluster just above my ascending monthly TL in earlier post despite the world economy being much worse than 3 yrs ago, because once...Ignored
DislikedWhat I mean is the bulls are defending that ascending monthly TL like a bitch because once it goes, it goes. With downgrades
Just announced, not sure why we would see any risk on.Ignored
Dislikedhello,
about downgrades i would be carefull!
mostly euro crashed heavy in recent sessions when those downgrade were rumored. possible that they are already priced in!
i see EU weekly nearest strongsupport area should be 2450-2550, not so far! same for GU 5070-5130 (5240) should provide hard work for bears to breake straight down.
lets see market reaction, but i wouldn't be surprised to see EU bouncing out of h4 downtrend channel this week!Ignored
DislikedMy broker is not open yet, does anyone have a broker that has opened and where is price on gbp/usd?Ignored
DislikedYep, I agree there will be some work to be done, like I said we are approaching clustered support, but I think mid 60's won't come again until we have dropped into the 40's.Ignored
DislikedYep, I agree there will be some work to be done, like I said we are approaching clustered support, but I think mid 60's won't come again until we have dropped into the 40's.Ignored
Dislikedyes it is possible a move below actual main TL.
on the breaking of it, should be good shorting to 1.48 1.47.
time will tell! lets see if this week price goes testing it and if a reaction comesIgnored
DislikedI am not a regular in this thread but I will give my two cents worth on your comment. I agree that 48's maybe 43's before we see 65 area again.Ignored
DislikedI trade lots of pairs but at this point I am only looking reasons to take this pair short. I believe the risk reward is much better playing shorts at this point, IMHO.Ignored
DislikedYeah ok, I guess "significant" has different meanings for different traders with pip targets etc. Personally, I look at every timeframe then drill down. Also, I don't use S/R as much as TL's (they tend to coincide anyway). If
one of my TL's receives a double touch without touching the opposite side of the trendline in between these touches, it is invalidated (by me that is). I feel that is why we have this weekly cluster just above my ascending monthly TL in earlier post despite the world economy being much worse than 3 yrs ago, because...Ignored
DislikedAccording to the higher tf charts i see little or no differerence in the world economy from 3 yrs ago.
As i trade off the lower tf drilling down from higher tf it makes little difference to me. I take Price at whatever its doing.
However i do see that cable is in the middle of nowhere,as is the whole of the global economy.
My assesment in these circumstances can only be based on techs...as has been since i first started trading 2 yrs ago.
With regard fundermental issues i have always believed that the market movers precede and pre- empt any...Ignored