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Cable Update (GBPUSD)

  • #473,481
  • Jan 10, 2019 12:01pm Jan 10, 2019 12:01pm
not at I'm not taking anything personally
If you want to be a professional you need to find major tls ,
you do need to keep to the rules full stop,
I often see minor lines, for instance, the upper is a line but not the tl

I could probably draw many lines all over the chart that price respected especially if I use the common one that price broke it but not to worry
You're then missing vital information


Quoting KeenPips
Nothing personal mate. Just musing and sharing my viewpoint. Trade safe. KP {quote}
Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,482
  • Jan 10, 2019 12:03pm Jan 10, 2019 12:03pm
I blame MT4 and trying low tfs because people don't realize how exact it all works and that matters
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,483
  • Jan 10, 2019 12:07pm Jan 10, 2019 12:07pm
Your comments are noted mate. I don't blindly trade trendlines, just to guide my analysis. I trade zones and levels upon significant price action.

Trade safe.

KP

Quoting Bones
not at I'm not taking anything personally If you want to be a professional you need to find major tls , you do need to keep to the rules full stop, I often see minor lines, for instance, the upper is a line but not the tl I could probably draw many lines all over the chart that price respected especially if I use the common one that price broke it but not to worry You're then missing vital information {quote} {image}
Do your homework, follow the footprints of smart money
  • #473,484
  • Jan 10, 2019 12:08pm Jan 10, 2019 12:08pm
so this is my daily
and this is the one posted no change, but i don't know for sure if it will hold
maybe a weekly is needed next

Quoting Bones
under 690 probably for confirm {image}
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-Daily.png Size: 36 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,485
  • Jan 10, 2019 12:11pm Jan 10, 2019 12:11pm
Waiting price test 2716/07/at least 2725again to close shorts and open test long, though this pair likely tank to Bottom as failed take 2814/38 handle so far, give another chance to test /break and still may tank again.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #473,486
  • Jan 10, 2019 12:14pm Jan 10, 2019 12:14pm
under 690 I'd be more confident but most confident if I had a weekly which I don't
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,487
  • Jan 10, 2019 12:17pm Jan 10, 2019 12:17pm
right now I have the monthly which I already explained in detail
cable cannot afford a bearish candle next on W1
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,488
  • Jan 10, 2019 12:18pm Jan 10, 2019 12:18pm
so yea I do think it matters about lines to build a picture like this ,if it breaks the line with a bullish weekly we going Cats target
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,489
  • Jan 10, 2019 2:03pm Jan 10, 2019 2:03pm
This day was preety chop, maybe Asia session will decide...Fontu is right on 2710 or near, bears needs a close below that in 1h tf to show up again...hope price is not trending, there are some important level like 2800 that keep PA without trend...expecting the broke of 2710
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20190110-195956.png Size: 66 KB
  • #473,490
  • Jan 10, 2019 2:43pm Jan 10, 2019 2:43pm
Quoting xandi
This day was preety chop, maybe Asia session will decide...Fontu is right on 2710 or near, bears needs a close below that in 1h tf to show up again...hope price is not trending, there are some important level like 2800 that keep PA without trend...expecting the broke of 2710 {image}
Good evenning Xandi. I am posting a creative curvey chart. I hope you like it. we need GU to hit below its most recent low 2705(not much). Trend is up.
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-01-10 (6)_LI.jpg Size: 755 KB
POSTMASTER
  • #473,491
  • Jan 10, 2019 2:48pm Jan 10, 2019 2:48pm
Here we have another pair which is moving ahead of GU.
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-01-10 (7)_LI.jpg Size: 721 KB
POSTMASTER
  • #473,492
  • Jan 10, 2019 3:03pm Jan 10, 2019 3:03pm
Quoting Robinhood1
{quote} Good evenning Xandi. I am posting a creative curvey chart. I hope you like it. we need GU to hit below its most recent low 2705(not much). Trend is up. {image}
Yap, that first circle of yours is the most important, but shouldnt be retested, concerning bulls,...if trending its not goes there again..
  • #473,493
  • Jan 10, 2019 3:08pm Jan 10, 2019 3:08pm
Quoting Robinhood1
Here we have another pair which is moving ahead of GU. {image}
Good evening bro, forget that analysis of pairs moving ahead others, you had the last bad experience on posting that analysis that never came realized, gbpaud I think...it not works that way! Cheers mate! What you dinner? I ate some shrimps and trouts, like bears like!!! Yammiii!
  • #473,494
  • Jan 10, 2019 3:19pm Jan 10, 2019 3:19pm
Robin, you don't have cable open position? So many pairs trading, so confusing, I couldn't trade it...one is enough! Good luck
  • #473,495
  • Jan 10, 2019 4:39pm Jan 10, 2019 4:39pm
All cool ,
just wondering top down is a very good
but why not start with monthly, it's the easiest chart to work there is in Mt4


Quoting KeenPips
Your comments are noted mate. I don't blindly trade trendlines, just to guide my analysis. I trade zones and levels upon significant price action. Trade safe. KP {quote}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,496
  • Jan 10, 2019 4:46pm Jan 10, 2019 4:46pm
here's what happened when it hit that line h12,if weekly is bear next I'm looking 12250
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-12-hours.png Size: 26 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,497
  • Jan 10, 2019 5:03pm Jan 10, 2019 5:03pm
Good point. There are times I use the monthly, if appropriate; particularly at the beginning of a new month or for the pre-weekly analysis during the first week of a month. Not always though, the important thing being to see how each tf used helps contribute to a better understanding of price action or the market.

Trade safe.

KP

Quoting Bones
All cool , just wondering top down is a very good but why not start with monthly, it's the easiest chart to work there is in Mt4 {quote}
Do your homework, follow the footprints of smart money
  • #473,498
  • Jan 10, 2019 5:46pm Jan 10, 2019 5:46pm
Quoting xandi
{quote} Good evening bro, forget that analysis of pairs moving ahead others, you had the last bad experience on posting that analysis that never came realized, gbpaud I think...it not works that way! Cheers mate! What you dinner? I ate some shrimps and trouts, like bears like!!! Yammiii!
You too could also have a bad experience if cable flies Knowing you probably have plan B.
POSTMASTER
  • #473,499
  • Edited 10:11pm Jan 10, 2019 9:57pm | Edited 10:11pm
Quoting Bones
here's what happened when it hit that line h12,if weekly is bear next I'm looking 12250 {image}
Waiting for it, given bull a last time chance but failing so far, specially in this pair. First time open test long in eu to see and planned for gu also but pa behaving not normal for the same. So perhaps no great change than before. Will wait to action today, shorts still open to tp 2712 to decide.daily active yet may make big next!!

https://www.forexfactory.com/showthr...3#post11871043
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #473,500
  • Jan 10, 2019 10:45pm Jan 10, 2019 10:45pm
see small down trend !

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 23 KB
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