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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting Moty
Gu 15m + h4 {image} {image}
interpretation?
Quoting Ill-b-back
Looks like another weekly pin type candle failure brewing, like what we saw in a similar position in blue last year {image} {image}
This what i call it inverted Hammer in my previous post. could be the same scenario? who knows?
If skills could be acquired by watching, every dog would be a butcher. Turk
Hello.
So, today there should be aggressive growth of the pair, the first target is 1.327x-6x, the second is 1.335x. Fall is not considered, tk. most of this and we wait, so we go up behind the stops, and there we will already look.
Good luck!
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Quoting Zircon
{quote} Oh sorry i see it as volume. Technically there is a buying on the pound more than US dollars. You are selling the pound based on fundamentals not technical correct? i am talking about your last trades I agree with you sellers are waiting for liquidity (i called the last signal), there is some precocity signals where the volume is thin, big players are waiting the last one based on fundamentals only. Buyers have to close above ~3263 yes according to your chart( if the close is under this level just few points, what is your take then?). you...
i do not know, like the fundamentals analisys.
to choose a loss level is more difficult in fundamental analisys.
by the way i have idea about the pound, but my last sell stop placed because of the pin bar 50% retrace entry on the W1 and marubozu 50% on the D1, i think it is not precocity!
for example: https://dailypriceaction.com/free-fo...xit-strategies
http://www.learntotradethemarket.com...d-nzdusd-forex
Nial is my favourit trader.
closing under/above few pips an exact price is deepending on the TF that is choosen and nowdays usually the lower TF decide how the higher TF will look like.
nowdays the hi/lo ratio of two TF is only about ~2.3
under or above few pips i will look for a short entry to take.
so when we will be around there i will decide, i have already known what is my risk!
yes i think it is heading to YPS1.
YPP broken, higher TFs trending down and lot of thing is waiting there.

good luck!
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Anything is math!
Quoting Ill-b-back
Looks like another weekly pin type candle failure brewing, like what we saw in a similar position in blue last year {image} {image}
in my opinion the previous one was on wrong place...
Anything is math!
Quoting giggsy
{quote} interpretation?
The drop is coming.
The inqulfing daily candle from the end of last week will make his effect
Tp 1 reached , pivot line.
I belive it will go down more to at least daily r1 at 1.3132
Gu 15m
Dx h1
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Quoting Moty
Tp 1 reached , pivot line. I belive it will go down more to at least daily r1 at 1.3132 Gu 15m Dx h1 {image} {image}
Which is also the 61,8% retrace level on hour chart.
Quoting navk
closing this. waited since thursday. {image}
Is this Demo Sir?
Quoting Khangfm
{quote} Is this Demo Sir?
One must learn the art of keeping patience as long as Stop is not hit.

I know why you asked.
Intra day only.
Quoting Kajos2250
{quote} in my opinion the previous one was on wrong place...
Can you expand on this?
Come with me if you want to live....
Quoting Zircon
{quote} This what i call it inverted Hammer in my previous post. could be the same scenario? who knows?
Yes inverted hammer
Come with me if you want to live....
Quoting Kajos2250
{quote} i do not know, like the fundamentals analisys. to choose a loss level is more difficult in fundamental analisys. by the way i have idea about the pound, but my last sell stop placed because of the pin bar 50% retrace entry on the W1 and marubozu 50% on the D1, i think it is not precocity! for example: https://dailypriceaction.com/free-fo...xit-strategies http://www.learntotradethemarket.com...d-nzdusd-forex...
No no i am not referring by precocity on your entry, your analyse to enter short is not wrong or early.
I am seeing short after the marabuzu but the marabuzu needs a confirmation means need more selling consecutive days here we did not see it.one more thing very important this huge selling happened at the end of the week,one should consider the sentiment change always during the week off.
Honestly nothing wrong in your logic to trade, the most important things is Risk in place and you consider this in what i see.
Have a good luck Kajos.
If skills could be acquired by watching, every dog would be a butcher. Turk
long gu 1.3147x-1.3152x sl 1.3139
Quoting Ill-b-back
{quote} Can you expand on this?
simply a bearish pinbar entry should be a top of the move.
Anything is math!
Quoting LetsTrade
{quote} Which is also the 61,8% retrace level on hour chart.
Hit the retracement level. Will it go up and how far? or come back down again?
Quoting ballballball
long gu 1.3147x-1.3152x sl 1.3139
Change the news on bexit
Hit my sl
Quoting navk
{quote} One must learn the art of keeping patience as long as Stop is not hit. I know why you asked.
Price move away 120 pips from your entries at first but you closed at second try so it's a demo, if not then your R:R is impressive Sir.
Quoting Khangfm
{quote} Price move away 120 pips from your entries at first but you closed at second try so it's a demo, if not then your R:R is impressive Sir.
Retailers buy when price is moving down, sell when it is up.

so, your guess.

My capital is reasonably good to take care of floating losses.
Intra day only.
EJ could bounce from 3240/50.
Intra day only.
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