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Cable Update (GBPUSD)

  • #474,481
  • Feb 3, 2019 4:16am Feb 3, 2019 4:16am
Quoting FXCyborg
{quote} It's not loading for me {image}
The details I mentioned are all right there on your screen. You are looking at them.
All that's not loading is a graphical representation of the historical long/short percent ratio showing the percentage fluctuations on a daily basis.
Come with me if you want to live....
  • #474,482
  • Feb 3, 2019 4:32am Feb 3, 2019 4:32am
Quoting FXCyborg
{quote} I'm not sure how that tells me what the TP levels are, so how did you come to the conclusion "I don't think it will come down to that far" - where was the number you looked at on here to come to that notion? ATB
Looking at this post, I think you have misquoted (and hence misunderstood me).

I said in my original post "i don't think it will sink too far".
Come with me if you want to live....
  • #474,483
  • Feb 3, 2019 4:43am Feb 3, 2019 4:43am
Quoting Ill-b-back
{quote} Looking at this post, I think you have misquoted (and hence misunderstood me). I said in my original post "i don't think it will sink too far".
Oh, you're referring to the short entries that people were selling at?

Understood... I was under the impression that were was an aggregate of TP's at XYZ level

In that case, I agree. 1.298x is one area I'm eyeing out

ATB
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #474,484
  • Feb 3, 2019 5:15am Feb 3, 2019 5:15am
Quoting FXCyborg
{quote} Oh, you're referring to the short entries that people were selling at? Understood... I was under the impression that were was an aggregate of TP's at XYZ level In that case, I agree. 1.298x is one area I'm eyeing out ATB
yep.
approx. areas of average bearish and bullish entries highlighted in brown.
both decent areas to look for signs of reversals from what I can see.

Bullish reversal from near bear entries.
Bearish reversal from near bull entries.

It nearly always seems to be this way lol...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 27 KB
Come with me if you want to live....
  • #474,485
  • Feb 3, 2019 5:32am Feb 3, 2019 5:32am
Quoting Ill-b-back
{quote} yep. approx. areas of average bearish and bullish entries highlighted in brown. both decent areas to look for signs of reversals from what I can see. Bullish reversal from near bear entries. Bearish reversal from near bull entries. It nearly always seems to be this way lol... {image}


May I suggest to give 24% and 42% and -24% EXT and -42% EXT and +24% EXT and +42% EXT levels, a Try?

You'll see price reacting to these levels to the pip

ATB
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #474,486
  • Feb 3, 2019 5:35am Feb 3, 2019 5:35am
Quoting FXCyborg
{quote} May I suggest to give 24% and 42% and -24% EXT and -42% EXT and +24% EXT and +42% EXT levels, a Try? You'll see price reacting to these levels to the pip ATB
Well I've got 23.6 and +/-23.6.
Not close enough to 24? lol...

I'll look into 42. Thx FXCyborg
Come with me if you want to live....
  • #474,487
  • Feb 3, 2019 5:53am Feb 3, 2019 5:53am
Quoting Ill-b-back
{quote} Well I've got 23.6 and +/-23.6. Not close enough to 24? lol... I'll look into 42. Thx FXCyborg
That depends Sir, how much DD do you want

Less is better, I would guess?

ATB
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #474,488
  • Feb 3, 2019 6:05am Feb 3, 2019 6:05am
Quoting FXCyborg
{quote} That depends Sir, how much DD do you want Less is better, I would guess? ATB
I generally don''t look at TF's below the daily and always try to wait for candle close. I trade small leverage and not too bothered about the pin point accuracy of day trading (no time for that approach, particularly as I sleep during US session).
TBH, the fibs I'm using work well, thx for the suggestion though, I appreciate it.
Come with me if you want to live....
  • #474,489
  • Feb 3, 2019 7:12am Feb 3, 2019 7:12am
I am long GBPUSD around 1.13050 since last week

my targets between 1.13350 to 1.3500

careful shorting for big targets as the downside targets are small and limited
  • #474,490
  • Edited 10:36am Feb 3, 2019 10:17am | Edited 10:36am
give her a chance to escape 1.3000 to get correction target starting with 1.3297, yes breaks 1.3000 limit even it can reach the target now . so watching what comes up next .breaks 1.3011/00 & hold then likely tank to 1.2829 to bear start level and target correction may not get before target bear as already in 1.2429/2000- /bottom play or this time .

though strong bounce gbp last month /consecutive 6 weeks ( + only 1 wk correction ) may not hold for next coming this week also , signs of weakness already in eurgbp & gbpjpy
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 34 KB
Click to Enlarge Name: GBPUSDH4.png Size: 32 KB
Click to Enlarge Name: GBPJPYDaily.png Size: 27 KB
Click to Enlarge Name: EURGBPWeekly.png Size: 37 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #474,491
  • Feb 3, 2019 6:06pm Feb 3, 2019 6:06pm
We need GU to make 3 more highs before dropping. I will be going short then

Attached Image (click to enlarge)
Click to Enlarge Name: 2019-02-04_LI (2).jpg Size: 1.1 MB
POSTMASTER
  • #474,492
  • Feb 3, 2019 6:21pm Feb 3, 2019 6:21pm
Quoting Robinhood1
We need GU to make 3 more highs before dropping. I will be going short then {image}
Pak Sifu, your trades % getting down?
  • #474,493
  • Feb 3, 2019 6:25pm Feb 3, 2019 6:25pm
Quoting conglomerate
{quote} Pak Sifu, your trades % getting down?
Just like any chart. One step back an two forward
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-02-04 (1).png Size: 494 KB
POSTMASTER
  • #474,494
  • Feb 3, 2019 6:28pm Feb 3, 2019 6:28pm
Quoting Robinhood1
{quote} Just like any chart. One step back an two forward {image}
Resistance 350%. When broken flying
POSTMASTER
  • #474,495
  • Feb 3, 2019 6:31pm Feb 3, 2019 6:31pm
Quoting Robinhood1
{quote} Just like any chart. One step back an two forward {image}
I just remind you
I believe you are good trader
Coffee Pak Sifu
  • #474,496
  • Feb 3, 2019 6:33pm Feb 3, 2019 6:33pm
Quoting conglomerate
{quote} I just remind you I believe you are good trader Coffee Pak Sifu
Coffee to you too
POSTMASTER
  • #474,497
  • Feb 3, 2019 6:35pm Feb 3, 2019 6:35pm
Quoting Robinhood1
{quote} Resistance 350%. When broken flying
I'm on the way on GJ. And I will share my trades idea in "Dragon Rider GBP/JPY" thread as focus thread discussion.
Good morning, Amigo. and have a nice day.
Don't forget, drink your coffee, and the best coffee is Java coffee. That's why Oracle have Java with coffee cup as the logo
  • #474,498
  • Feb 3, 2019 6:40pm Feb 3, 2019 6:40pm
Quoting conglomerate
{quote} I'm on the way on GJ. And I will share my trades idea in "Dragon Rider GBP/JPY" thread as focus thread discussion. Good morning, Amigo. and have a nice day. Don't forget, drink your coffee, and the best coffee is Java coffee. That's why Oracle have Java with coffee cup as the logo
Ok. GJ needs 4 highs before dropping. Coffee Luwak. I drop by that thread after 4 highs
POSTMASTER
  • #474,499
  • Feb 3, 2019 6:43pm Feb 3, 2019 6:43pm
Quoting Robinhood1
{quote} Ok. GJ needs 4 highs before dropping. Coffee Luwak. I drop by that thread after 4 highs
Hmmm... What you mean "4 highs" ?
  • #474,500
  • Feb 3, 2019 6:45pm Feb 3, 2019 6:45pm
Quoting conglomerate
{quote} Hmmm... What you mean "4 highs" ?
143.49 is the first high and then 3 more
POSTMASTER
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