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Cable Update (GBPUSD)

  • #459,441
  • Apr 17, 2018 11:38am Apr 17, 2018 11:38am
Quoting TheCatsPJs
I'll Post levels again if people are actually interested in them.
That would be nice thanks.
Could you zoom out to 1hr and 4hr levels mate?

Thanks in advance
Ask and you look stupid for 5 minutes. Don't ask and stay stupid forever.
  • #459,442
  • Apr 17, 2018 11:46am Apr 17, 2018 11:46am
Weekly looks set to continue storming forward.

Daily beginning to come down slightly. With bearish close here, expecting it to start running into some support levels.
A 1 pip gain is better than a 1 pip loss.
  • #459,443
  • Apr 17, 2018 11:54am Apr 17, 2018 11:54am
Quoting hippiedog
OK I go something, it's called the early bird gets the worm. I Will be watching for a strong move north or south of the days open by at least 35pips + between 5am to 7am tomorrow morning gmt to which I will be trading back towards the days open, I am expecting price to be sitting around the days open at news time.
Just playing around. Currently watching this.
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FREEDOM IS SECURITY.
  • #459,444
  • Apr 17, 2018 11:54am Apr 17, 2018 11:54am
I think you been lost on this roundabout

Quoting TheCatsPJs
News is just a Tool for the institutions to get their orders filled The market moves off of transactions in dark pools which are off exchange so therefore impossible to see. the only method that can show long term consistency is to identify where these dark pools are effecting price action and then only trade them when you see the velocity of institutional algos kicking in. jump on board and follow the big boys as the entire market is totally manipulated. Volume, Delta, Velocity. everything else is total guess work.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #459,445
  • Apr 17, 2018 11:59am Apr 17, 2018 11:59am
Quoting Bones
I think you been lost on this roundabout {quote} {image}
Sounds like the sharks have been picking the meat off your bones. No point in getting lemon mate just sharing what I know to be true.
Trade what you see never what you think!
  • #459,446
  • Apr 17, 2018 12:07pm Apr 17, 2018 12:07pm
Quoting hippiedog
{quote} Just playing around. Currently watching this. {image}
Closed one. Up or down from here?
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FREEDOM IS SECURITY.
  • #459,447
  • Apr 17, 2018 12:34pm Apr 17, 2018 12:34pm
I was talking about where you been since 2011 ,but on the subject it's bullshit how many times I gotta look at it
ok apply it to something to be updated ,say h4 and explain fully where those levels come from and how your reading it
as we go

Quoting TheCatsPJs
{quote} Sounds like the sharks have been picking the meat off your bones. No point in getting lemon mate just sharing what I know to be true.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #459,448
  • Apr 17, 2018 12:45pm Apr 17, 2018 12:45pm
I guess you know that roundabout if you're really from Swindon
maybe apply your overcomplicated method anyway
to a daily we can see if its the only way rather than the human eye
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #459,449
  • Apr 17, 2018 1:08pm Apr 17, 2018 1:08pm
Quoting Bones
I guess you know that roundabout if you're really from Swindon maybe apply your overcomplicated method anyway to a daily we can see if its the only way rather than the human eye
Analyse an exchange traded instrument
Identify high and low volume nodes
Observe the result of high volume with a biased delta
Wait for HTF and institutional Algos to trade these zones
follow suit.
strategy in 5 sentences hope that's not to complicated for you.
Stick with your high drawdown 4hour and Daily charts
I prefer to take my trades off the table and sleep swap and stress free.
And yes I do know the magic roundabout. However the relevance of your initial comment escapes me.
Trade what you see never what you think!
  • #459,450
  • Apr 17, 2018 2:45pm Apr 17, 2018 2:45pm
you been on it since 2011 ,and returned with loads of posts today with no explanation but plenty of how it worked
Quoting TheCatsPJs
{quote} Analyse an exchange traded instrument Identify high and low volume nodes Observe the result of high volume with a biased delta Wait for HTF and institutional Algos to trade these zones follow suit. strategy in 5 sentences hope that's not to complicated for you. Stick with your high drawdown 4hour and Daily charts I prefer to take my trades off the table and sleep swap and stress free. And yes I do know the magic roundabout. However the relevance of your initial comment escapes me.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #459,451
  • Apr 17, 2018 2:55pm Apr 17, 2018 2:55pm
if you really want to show it works make the effort on a H4 chart
otherwise I see a raft of after the events
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #459,452
  • Apr 17, 2018 3:07pm Apr 17, 2018 3:07pm
daily looks bearish weekly is bullish ,could go lower but wk open zone is an important area
red tl held to the pip
Quoting Bones
game over if this breaks ,true major pivot zone which won't hold either this week or next consolidate now {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #459,453
  • Apr 17, 2018 3:58pm Apr 17, 2018 3:58pm
Quoting Bones
daily looks bearish weekly is bullish ,could go lower but wk open zone is an important area red tl held to the pip {quote} {image}
I agree. It's getting weaker, but still bullish on long term, today's close is to high to be already bearish. 1.4230 first key level to decide, maybe tomorrow

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  • #459,454
  • Apr 17, 2018 8:26pm Apr 17, 2018 8:26pm
Quoting Vik21
{quote} I agree. It's getting weaker, but still bullish on long term, today's close is to high to be already bearish. 1.4230 first key level to decide, maybe tomorrow {image}
I'am Bearish for this pair my man
  • #459,455
  • Apr 17, 2018 10:07pm Apr 17, 2018 10:07pm
Each morning I mark up my 5 min chart as per below and copy it into a word document together with my notes and comments on the observations i see.

By doing this each day for years on end one learns to read the market very well.

I note any activity I see on the 1 hour that was the cause of what I see on the 5 min. For example...Was in divergence at the start of this down move, bears found support at 43226 to take out bull support at 4297.

It doesn't take too long, just a few minutes but it is surprising just how good you get at reading the market for what it is in real time. Where to buy or sell or even hedge. What signal was present at the time to take the trade and is it worth it.

I would suggest keeping stuff as simple as possible so you can clearly see what is taking place in reference a higher time frame in my case the 1 hour.

Here is a sample of my morning markups.
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  • #459,456
  • Apr 17, 2018 10:34pm Apr 17, 2018 10:34pm
Quoting mahooo
{quote} Indikator klasik aja mas bro, sama kebiasaan lihat market i'am use classic indicator with experience lol
Keren analisis nya mas bro, lokasi dmn? pengen byk belajar
Great analysis , where your located? want to learn from you lol
Never stop learning
  • #459,457
  • Apr 18, 2018 2:03am Apr 18, 2018 2:03am
GBPUSD for today. be careful today important news

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  • #459,458
  • Apr 18, 2018 2:08am Apr 18, 2018 2:08am
I have strange opinion don't follow

This week 1.44444 and This month 1.45555
  • #459,459
  • Apr 18, 2018 2:22am Apr 18, 2018 2:22am
Quoting Lubis82
{quote} Keren analisis nya mas bro, lokasi dmn? pengen byk belajar Great analysis , where your located? want to learn from you lol
KEPRI my brother, Experiences is the best teacher. Ya elahhh
  • #459,460
  • Apr 18, 2018 2:32am Apr 18, 2018 2:32am
Quoting hippiedog
{quote} Just playing around. Currently watching this. {image}
Reluctant to make any changes yet to GU, took small sell gbpchf 4H for no reason other than its looking very sellable. Wait and see now.
I will look again at gbpchf this evening but will be watching gbpusd this morning.
GU LOWER IMG
CHF UPPER IMG
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