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Why is GBPUSD called cable? 67 replies
Cable Update - Continued 102 replies
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Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
Disliked{quote} I saw the divergence, so I bought in 1.24879 waiting for what can happen.Ignored
DislikedHi Guys, I have been watching this thread for a while and scary trades from some. I do believe we could have a pullback and even a swing trade at some point, also my weekly sup 3 and month sup 1 at 1.125383 tell tale signs that we could have some sort of correction upwards. I will not go long until I have confirmation signals. Have a great weekend. Cheers. {image}Ignored
Disliked{quote} No smart arsery intended but the pattern is supposed to start with an initiating range bar which isn't the case in your example. If anything, the range of the initiating bar in your example is below average. See arrow to the left. {image}Ignored
Disliked{quote} Hi folks, I believe we have a false break here, last nights close is still below 50% of fridays full candle, there's also the fall in volume in every bull candle at last nights reversal from the low of 1.24811 area, I can also see a limit to this run being around the 1.25878 area, this is looking to be a Bear trap, great for scalping folks, but no bullish control yet IMHO. Edit the monthly reversal still may come about folks, please trade wisely, and time will reveal all. {image}Ignored
DislikedI do believe we could have a pullback and even a swing trade at some point, also my weekly sup 3 and month sup 1 at 1.125383 tell tale signs that we could have some sort of correction upwards. I will not go long until I have confirmation signals. Have a great weekend. Cheers. {image}Ignored