G/L
ex member
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
DislikedI guess the question is: Is this 1hr strength with the HL's and HH's just a poullback in the 4hr/Daily downtrend or does it poinnt to more upside/pullback in said trends and a break above current hi ?
G/LIgnored
DislikedAfter 4 or 5 touches, I'd say this zone is much less likely to hold. The more the touches, the less reliable a zone becomes. I'm favouring the breakIgnored
DislikedA lot of people think that a lot of action at a zone means it is much stronger. Most of these zones are created from a supply and demand imbalance, each time they are hit orders are absorbed, moving price away. The more times these zones are hit, the more orders are absorbed until there are no orders left giving price a chance to move through freely.Ignored
DislikedNice... I got in 5831, SL also 5845, now on BE, looking for a 1.58 retestIgnored
Dislikedseems indeed, short from 5830 for a quick 30..done for the day
could be a lot more to come though...56ishhh but this is cable and it can screw..Ignored
Dislikedyou follow my trade blindly eh.. you naughty2.. i have reason why i choose 5845 mate, please do your homework.. hopefully you will gain something from it.Ignored
DislikedA lot of people think that a lot of action at a zone means it is much stronger. Most of these zones are created from a supply and demand imbalance, each time they are hit orders are absorbed, moving price away. The more times these zones are hit, the more orders are absorbed until there are no orders left giving price a chance to move through freely.Ignored