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Cable Update (GBP/USD) without Idiots 25 replies
cable short for gbpusd? 10 replies
Cable Update - Continued 105 replies
Why is GBPUSD called cable? 76 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
DislikedHey I've been crushing the GBPUSD lately. I've been shorting the rallies on GBPUSD because the overall trend is bearish. The lows continue to break and the rallies into previous market structure continue to be shorted. Hopefully, everyone is staying in the green for profit on this trade. I wish you guys success! {image}Ignored
Disliked{quote} Not all the UK I'm considering bed after I've deciphered what the f'k is going on with the GBPUSD.I 'm actually on the same page as Wavegarrick and I'm expecting a thunderous correction due to sitting down and actually doing some analysis work. However, the quality of the downside analysis presented by many is compelling.
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DislikedF'k this!!! Price is going up, bears are justifiably caught up in profit exuberance and forgetting about the basics of the auctioning process and the price mechanism of supply and demand. There is f'k no supply here! Price is likely to be auctioned up into supply. Price has gone past the point of no supply, hence Wavegarrick's point about it is rare for the price to reach these levels (which also mirrors my analysis); this location is a fluke, there is no supply here.Ignored
Disliked{quote}Yes but not this week!!! I was looking for a short at 2280 but looking at the chart and actually doing a little work, I expect a full 0.618 retrace to 2400. H4
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DislikedGuys I use only simple technical for show me the trend, and I just following it. But dont ask me where the price will stop or rebound, I think no one can know about it. So I do not make predictions, only do it visually. For securing I use trailing stop, but before trailing stop appear, i use pending order for locking or switching. {image} That 'red' candle tell me to sell, so I follow it. Only that I do.Ignored
DislikedGuys I use only simple technical for show me the trend, and I just following it. But dont ask me where the price will stop or rebound, I think no one can know about it. So I do not make predictions, only do it visually. For securing I use trailing stop, but before trailing stop appear, i use pending order for locking or switching. {image} That 'red' candle tell me to sell, so I follow it. Only that I do.Ignored