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Cable Update (GBPUSD)

  • #459,261
  • Apr 12, 2018 5:21am Apr 12, 2018 5:21am
Still holding my shorts. Will add more around 1.418xx
Looking for TP at 1.141xx ...maybe
  • #459,262
  • Apr 12, 2018 5:24am Apr 12, 2018 5:24am
its bullish ,that triple top won't hold
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #459,263
  • Apr 12, 2018 5:32am Apr 12, 2018 5:32am
Attached Image (click to enlarge)
Click to Enlarge Name: 70 GBPUSD-Daily.png Size: 54 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #459,264
  • Apr 12, 2018 5:36am Apr 12, 2018 5:36am
The market is generally sideways.

KP
Do your homework, follow the footprints of smart money
  • #459,265
  • Apr 12, 2018 5:53am Apr 12, 2018 5:53am
to the untrained eye you have to up the tf
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #459,266
  • Apr 12, 2018 6:16am Apr 12, 2018 6:16am
Quoting Bones
2757657 {image}
hi bones,

On your chart , the bar that you have drawn the white line from at price 1.44429, is it because those buyers took out the high on 28th March?
  • #459,267
  • Apr 12, 2018 7:20am Apr 12, 2018 7:20am
Hi I took it off the hourly

Quoting msap
{quote} hi bones, On your chart , the bar that you have drawn the white line from at price 1.44429, is it because those buyers took out the high on 28th March?
Attached Image (click to enlarge)
Click to Enlarge Name: 72 GBPUSD-1-hour.png Size: 19 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #459,268
  • Apr 12, 2018 7:34am Apr 12, 2018 7:34am
Quoting Bones
Hi I took it off the hourly {quote} {image}

thanks bones,

the london close candle?

took the same trade but based on high volume candle on futures on the 9th April.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 111 KB
  • #459,269
  • Apr 12, 2018 7:44am Apr 12, 2018 7:44am
open and close are important to me the number comes from this on chart
and I don't belive the daily and a break would fail


Quoting msap
{quote} thanks bones, the london close candle? took the same trade but based on high volume candle on futures on the 9th April. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 121 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #459,270
  • Apr 12, 2018 7:44am Apr 12, 2018 7:44am
Quoting Nala66
Well I am looking at a very slow market as the bulls await the arrival of the EMA making a HH. Or can the bears find the strength to stop it. Best to sit this out me thinks. {image}
hi nala do you draw manually or indicator? tell me about your trading system please.thanks
Say something meaningful or Silence!!
  • #459,271
  • Apr 12, 2018 7:47am Apr 12, 2018 7:47am
this is actually a weak candle ,while the other one is very strong maybe its not in the books

Quoting Bones
and this one ? {quote} {image}
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  • #459,272
  • Apr 12, 2018 7:49am Apr 12, 2018 7:49am
the prior 3 candles is a version of soldiers
a positive next leads the way
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-Daily.png Size: 20 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #459,273
  • Apr 12, 2018 8:03am Apr 12, 2018 8:03am
Bones how do you see the closing of the current H4 candle?
  • #459,274
  • Apr 12, 2018 8:13am Apr 12, 2018 8:13am
its consolidation
you have to look higher ,it's going down

Quoting Bones
{image}
Attached Image (click to enlarge)
Click to Enlarge Name: 80 EURGBP-Weekly.png Size: 33 KB
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  • #459,275
  • Apr 12, 2018 8:15am Apr 12, 2018 8:15am
hard read ,if d1 next is bullish/positive body ,is the signal to trust imo

Quoting Trade-G
Bones how do you see the closing of the current H4 candle?
Attached Image (click to enlarge)
Click to Enlarge Name: 80 GBPUSD-4-hours.png Size: 39 KB
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  • #459,276
  • Apr 12, 2018 8:47am Apr 12, 2018 8:47am
Quoting Bones
its consolidation you have to look higher ,it's going down {quote} {image}
This EUR/GBP looks bearish to me....
  • #459,277
  • Apr 12, 2018 9:06am Apr 12, 2018 9:06am
Quoting classy
{quote} hi nala do you draw manually or indicator? tell me about your trading system please.thanks
Yes I draw everything manually.

My trading system is simple. I trade in the direction I am going to profit from based upon what I read on the charts. It seems logical to me not to trade for a loss. If there is a better method I would like to hear of it.
  • #459,278
  • Apr 12, 2018 9:25am Apr 12, 2018 9:25am
Looks like a bullish breakout...
  • #459,279
  • Apr 12, 2018 9:43am Apr 12, 2018 9:43am
Quoting Trade-G
Looks like a bullish breakout...
There you go... hope it runs well...
  • #459,280
  • Apr 12, 2018 10:03am Apr 12, 2018 10:03am
Quoting Nala66
I have 41637 then 42314 penciled in on the 1 hour. This is because the bears failed to make the LL average so the bulls go on to test the HH averages.
Finally it got there taking 4 days...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 99 KB
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