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Cable Update (GBPUSD)

  • #484,001
  • Jul 10, 2019 4:07am Jul 10, 2019 4:07am
Moment of truth
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yes yes yes
  • #484,002
  • Jul 10, 2019 4:11am Jul 10, 2019 4:11am
Quoting Moty
Moment of truth {image} {image}
Relax, bulls showtime..
1.25 first target
  • #484,003
  • Jul 10, 2019 4:13am Jul 10, 2019 4:13am
Quoting Theoak
{quote} Bingo
Congrats.
If you want in on my experimental EA, PM me.
  • #484,004
  • Edited 4:29am Jul 10, 2019 4:14am | Edited 4:29am
Quoting viankoko88
{quote} Break the wall.. 1,247xx
I know bro... I'm trying something (Fibs).

Now --- What I have done is put the retracement on yesterday high and low and a level was at 81. So that was my target and it does seem to be rejecting from this level. I want to learn Fibs, so this is an experiment. Dinoman -two is the main man when it comes to these fibs. There are also pattern I believe, but I don't even know where to begin with these... to complicated for me!!!!

Now my next move -- is if price goes below 1.2470 (Fib level) then I'll short.

I have half loaded the original entry and my second lot's target 1.25 as what I'd usually do, but will shut this down if like I say goes to 1.2470 with my Fib theory.

Just trying this at the moment... I hope this make sense!!! I also hope it works!!!
========================================
As I'm writing this is no longer rejecting at 81 next one is 91, so I'll try the same, but off different levels. never mind still have long running 12.2 pips at moment
Don't trade what you think. Just what you see!!!
  • #484,005
  • Jul 10, 2019 4:23am Jul 10, 2019 4:23am
good morning if rsi 14 will go above 55,I will buy now is 35.08
fib resistance are way higher for now
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  • #484,006
  • Jul 10, 2019 4:29am Jul 10, 2019 4:29am
Quoting Theoak
{quote} I know bro... I'm trying something (Fibs). Now --- What I have done is put the retracement on yesterday high and low and a level was at 81. So that was my target and it does seem to be rejecting from this level. I want to learn Fibs, so this is an experiment. Dinoman -two is the main man when it comes to these fibs. There are also pattern I believe, but I don't even know where to begin with these... to complicated for me!!!! Now my next move -- is if price goes below 1.2470 (Fib level) then I'll short. I have half loaded this and my second...
Attaching some fibos, just in case. I don't think today is the case for them. Just take into consideration when trading with fibos to search for clusters (other fibos, s/r, MA's) not alone.
I know high tf's for scalping ...
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  • #484,007
  • Jul 10, 2019 4:30am Jul 10, 2019 4:30am
Watch low charts for signs of resistance. 2500 and a higher tl at 2520 . Watch breakout on gj and nz
  • #484,008
  • Jul 10, 2019 4:32am Jul 10, 2019 4:32am
The break even is coming.
I continue to pile more long's trades along the way
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yes yes yes
  • #484,009
  • Jul 10, 2019 4:33am Jul 10, 2019 4:33am
market is very clear to me now ,it has not broke range because of the angle of the bottom
which shows divergence ,it must close back in horizontal range
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #484,010
  • Jul 10, 2019 4:36am Jul 10, 2019 4:36am
Quoting forex_dimi
{quote} Attaching some fibos, just in case. I don't think today is the case for them. Just take into consideration when trading with fibos to search for clusters (other fibos, s/r, MA's) not alone. I know high tf's for scalping ... {image} {image}
I struggle with targets. The only way I know at the moment is where price has been before. When there Is no reference point ….. I’m thinking about Fibs as it makes sense as it is growth. I’m trying to come up with a way to use them… I don’t want anything complicated!!! Still trying at moment.
Don't trade what you think. Just what you see!!!
  • #484,011
  • Jul 10, 2019 4:39am Jul 10, 2019 4:39am
Quoting Bones
market is very clear to me now ,it has not broke range because of the angle of the bottom which shows divergence ,it must close back in horizontal range {image}
there I would do the same but it didnt go well
strong resistance
you bought again?at hammer on yellow line?
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  • #484,012
  • Jul 10, 2019 4:39am Jul 10, 2019 4:39am
target is top of range
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #484,013
  • Jul 10, 2019 4:41am Jul 10, 2019 4:41am
its ugly price, that week open won't hold
in the name of ugly mother price

Quoting xristos2512
{quote} there I would do the same but it dinnt go well strong resistance you bought again?at hammer on yellow line? {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #484,014
  • Jul 10, 2019 4:49am Jul 10, 2019 4:49am
Quoting Theoak
{quote} I know bro... I'm trying something (Fibs). Now --- What I have done is put the retracement on yesterday high and low and a level was at 81. So that was my target and it does seem to be rejecting from this level. I want to learn Fibs, so this is an experiment. Dinoman -two is the main man when it comes to these fibs. There are also pattern I believe, but I don't even know where to begin with these... to complicated for me!!!! Now my next move -- is if price goes below 1.2470 (Fib level) then I'll short. I have half loaded the original entry...
Right my second fib level hit 91 out on second lot 15.2 pips prof.

Shorted now (small Lot) in at 1.2487 target fib level 81... Just an experiment as I think this could retrace!
Don't trade what you think. Just what you see!!!
  • #484,015
  • Jul 10, 2019 4:51am Jul 10, 2019 4:51am
Quoting forex_dimi
{quote} Attaching some fibos, just in case. I don't think today is the case for them. Just take into consideration when trading with fibos to search for clusters (other fibos, s/r, MA's) not alone. I know high tf's for scalping ... {image} {image}


try to put the fib on the last top of H4 until the last low
  • #484,016
  • Jul 10, 2019 4:57am Jul 10, 2019 4:57am
Quoting Marcieny
{quote} try to put the fib on the last top of H4 until the last low
I selected the correct high or must choose an other?
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  • #484,017
  • Jul 10, 2019 4:59am Jul 10, 2019 4:59am
Quoting Neil0163
Only 230 pips up from last week. Cheers to you guys taking the longs. For someone to sell someone must be willing too buy. If price is moving down who's buying. Food for thought
Me and making lots of pips.
  • #484,018
  • Jul 10, 2019 5:02am Jul 10, 2019 5:02am
Quoting xristos2512
{quote} I selected the correct high or must choose an other? {image}
https://www.forexfactory.com/showthr...7#post12373077

take a look at this post.
  • #484,019
  • Jul 10, 2019 5:02am Jul 10, 2019 5:02am
Quoting Theoak
{quote} Right my second fib level hit 91 out on second lot 15.2 pips prof. Shorted now (small Lot) in at 1.2487 target fib level 81... Just an experiment as I think this could retrace!
Correct
  • #484,020
  • Jul 10, 2019 5:03am Jul 10, 2019 5:03am
If we get back into the 1.26xx zone, Will look for PA reasons to sell for 1.24.
Come with me if you want to live....
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