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Cable Update (GBPUSD)

  • #456,301
  • Nov 3, 2017 6:51am Nov 3, 2017 6:51am
Ive posted about 7 pairs right now
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #456,302
  • Nov 3, 2017 6:54am Nov 3, 2017 6:54am
eur gbp will tank
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #456,303
  • Nov 3, 2017 6:54am Nov 3, 2017 6:54am
now minus 42
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #456,304
  • Nov 3, 2017 7:29am Nov 3, 2017 7:29am
Quoting Bones
eur gbp will tank
Attached Image (click to enlarge)
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continuation of Euro short!!
  • #456,305
  • Nov 3, 2017 7:32am Nov 3, 2017 7:32am
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gbj same look as gu
  • #456,306
  • Nov 3, 2017 7:57am Nov 3, 2017 7:57am
Quoting Bones
Ive posted about 7 pairs right now
you´re really busy. do you have open positions in all of them? can´t do so, need to stay focused. just one market/position at one time.
good luck!
fortis fortuna adiuvat
  • #456,307
  • Nov 3, 2017 7:57am Nov 3, 2017 7:57am
Quoting Bones
that's it after the event {quote}
Bones you make me laugh
  • #456,308
  • Nov 3, 2017 8:09am Nov 3, 2017 8:09am
no I don't
I trade 3
gbp aud is now up 172
bounced off the back of tl a treat but I already took a loss couldn't do it...


Quoting deltaone
{quote} you´re really busy. do you have open positions in all of them? can´t do so, need to stay focused. just one market/position at one time. good luck!
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #456,309
  • Nov 3, 2017 8:11am Nov 3, 2017 8:11am
lol ok what now you say then I

Quoting Nala66
{quote} Bones you make me laugh
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #456,310
  • Nov 3, 2017 8:13am Nov 3, 2017 8:13am
i mean right now say it with a chart
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #456,311
  • Nov 3, 2017 8:16am Nov 3, 2017 8:16am
Quoting Nala66
Well I am looking for the bulls to find support on the 1 hour, then to take out the bear support at 1.32866
Here is an example of telling you beforehand.

If you cannot see it for yourself I am not going to hold your hand.

I plot these all the time and make good money. I am merely trying to show others my method but you have to keep sticking your beak in like you are Gods gift or something. Any fool can draw lines on charts, following the cycle of price action is quite another matter.

I cannot tell you beforehand where price is going to find support only that I am looking for that to happen. You use a completely different method so you stick to yours and I'll stick to mine.
  • #456,312
  • Nov 3, 2017 8:17am Nov 3, 2017 8:17am
its what make me laugh about demo trade explorer
one I would have slept well and two I would have taken the lot

Quoting deltaone
{quote} you´re really busy. do you have open positions in all of them? can´t do so, need to stay focused. just one market/position at one time. good luck!
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #456,313
  • Nov 3, 2017 8:18am Nov 3, 2017 8:18am
Quoting Bones
i mean right now say it with a chart
Well here is my current 5 min chart
Attached Image (click to enlarge)
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  • #456,314
  • Nov 3, 2017 8:18am Nov 3, 2017 8:18am
that's chat be
live your not live if you can not see the difference I don't know what to say

Quoting Nala66
{quote} Here is an example of telling you beforehand. If you cannot see it for yourself I am not going to hold your hand. I plot these all the time and make good money. I am merely trying to show others my method but you have to keep sticking your beak in like you are Gods gift or something. Any fool can draw lines on charts, following the cycle of price action is quite another matter. I cannot tell you beforehand where price is going to find support only that I am looking for that to happen. You use a completely different method so you stick to...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #456,315
  • Nov 3, 2017 8:23am Nov 3, 2017 8:23am
Here is my 1 hour chart
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  • #456,316
  • Nov 3, 2017 8:27am Nov 3, 2017 8:27am
Quoting Bones
that's chat be live your not live if you can not see the difference I don't know what to say {quote}
Sorry what language is this in?
  • #456,317
  • Nov 3, 2017 8:33am Nov 3, 2017 8:33am
it's foreign to you for sure
you come in after and say it was so easy
all marked up...

Quoting Nala66
{quote} Sorry what language is this in?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #456,318
  • Nov 3, 2017 8:41am Nov 3, 2017 8:41am
Quoting Nala66
Here is my 1 hour chart {image}
Interesting. So GBPUSD on your 1H is still on RED Average, ie. down.
It's also broken previous support levels (Yellow Dotted Line)

So your trade trigger is...?
Let me see if I can work this out.
At the beginning of this Short Run, the average was above price so you wait until price retraces to average (now red) and take the short?
You keep the short until a previous level where Average turned green, which would act as support.
At this point, your choices are
a) tighten stop
b) exit
c) continue

If c) then would you exit when price crosses Average (still Red) again?
A pip is only worth it if you know how much you risked to earn it
  • #456,319
  • Nov 3, 2017 8:41am Nov 3, 2017 8:41am
Quoting Bones
it's foreign to you for sure you come in after and say it was so easy all marked up... {quote}
Look Bones it is the same all the time nothing changes Bull support to Bear support and Bear support to Bull support.

I don't think you understand what I mean by support because you think in terms of tops and bottoms as supports and resistances where I do not.

I term support as being FOUND when price breaks the average and fails to get back.
  • #456,320
  • Nov 3, 2017 8:46am Nov 3, 2017 8:46am
Quoting vlady1974
{quote} Interesting. So GBPUSD on your 1H is still on RED Average, ie. down. It's also broken previous support levels (Yellow Dotted Line) So your trade trigger is...? Let me see if I can work this out. At the beginning of this Short Run, the average was above price so you wait until price retraces to average (now red) and take the short? You keep the short until a previous level where Average turned green, which would act as support. At this point, your choices are a) tighten stop b) exit c) continue If c) then would you exit when price crosses...

Price broke above the average but was unable to FIND Bull support. So price is now looking for Bear support below the average.
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