Cable Update (GBPUSD)

Temporary Sell.

ouch....

expecting some reaction at 4040 crime scene

Upside R2, upper trendline resistance reached enough reason for a bigger move down once 4040 cleared

Might exit during or before 10PM(+8GMT) ECB President Draghi Speaks.

Quick in -and-out short. That TL will be broken at some point

Waiting to see if 4040 will be resistance or support

gbpusd hold on fibo support @ 1.4034, maybe will test to break upper trendline again

Nope 4040 resistance, lets see

1.4022 zone previous trendline resistance now turn support, if fail and going back in will be bad

not yet support

it is coming down after a brief poke above

what a slµt... once again mister fat fucFINGER play with gpb/usd

Had a sell limit at 1.40621 with S/L at 1.40745. 2nd sell limit, after price action, was not honored, as price never reached previous weekly high again.
There is a trendline at this level.
There is divergence with sister pair Euro, as the pound kept rising, while Euro maintened strong bearish values.
There is strongness since 22.02 of the small timeframe.
And this is a verified level: check 08.02 Hi

i think TradingCentral is an anti-systeme....

you do the opposite of what they say and you win

Meaning, you do the opposite of what the herd does and you increase your probability of success.

KP

exactly....

and it's even more pervert than that....

all those society like trading centrral, autochart and other, works for market maker that win money when you lose....

so be sure do the opposite...

now.... or never....

Failed and went back in is indeed bad... now supported by daily pivot and 1.39626, if supported and bounce will be good for bulls

Whenever price moves a penny or so out they come screaming about conspiracy theories and all sorts of stuff gets bantered around when we all know for a fact the aliens are in control, operating from the dark side of the moon in complete secret. Don't tell anybody this though because there are certain men in black ready to shut you up.

We cannot possibly know what these aliens are up to because its a secret but we can follow their example, this is called trading what you see happening and has been going on for many years past and those in the Know do just that i.e they follow the example... However the aliens have changed the DNA of some people, in fact a lot of people, to produce a species of human who think they can outsmart the aliens. This has the effect of producing a whole encyclopedic list of theories based upon little more than sometimes it works and it tales a lifetime to study them all but no one knows which one of the theories is in place until after the event which is a fat lot of good and as useful as a chocolate tea pot.

I know there are a lot of people who try to make sense of these threads to beat the aliens but the threads are in a secret code so the aliens can't make sense of them either. I know this because I myself talk in this secret code, the reality is though that I am simply following the example on the chart in a so called method that has proven to be of benefit to me and to this end I keep things very simple and clear cut.

Here is my current 1 hour chart absolutely nothing unusual about the moves at all...

Allow me to post the 15 min chart with the price removed and it shows even more clearly what the price action did...