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Cable Update (GBPUSD)

  • #500,221
  • Oct 22, 2019 8:35am Oct 22, 2019 8:35am
Quoting moonrider
{quote} Nice trade moty, may i know your TP?
1.28827 , 0.618 extension of the second fibo pattern
yes yes yes
  • #500,222
  • Oct 22, 2019 8:36am Oct 22, 2019 8:36am
Quoting andrern2000
{quote} Roby, you're making too much noise. Trade your own account And delete that bear picture as well.
says who??i have an entire gallery and this a public chat use the ignore button
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  • #500,223
  • Oct 22, 2019 8:38am Oct 22, 2019 8:38am
Quoting Marcieny
{quote} I'm analyzing eg to trade gu ... and if it falls i don't care, everything that goes down goes up and has designs that gu can be worth a day, it might take, but it will.
EG expecting an UP spike ...GOLD will kill them all with a rally.
  • #500,224
  • Oct 22, 2019 8:39am Oct 22, 2019 8:39am
In the post #499 992 I wrote:
Quoting olegchartist
The bullish power is exhausting on GBPUSD.
After that post, the bulls exhausted even more.
Look what we have now
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1) I think, it was FOMO Buying culmination. Probably, some bullish news was released there. This is ultra-wide bar. Small retail traders can not move the currency rates so wide. Big professionals was active there. What was the result of that activity.

2) #GBP was capable to reach (and even overbought) the top line before huge up-bar 1 (green). But it was incapable to reach top line of the channel after huge up-bar 1 (red circles).

3) EVRT
4) The first Minor Bearish Cha Cha
5) ND - No demand
6) Supply Pressure and breakdown the support line
7) testing the breakdown
8) Resuming the bearish pace.

I'd like to expect the reaching of the bottom blue line.
Oleg Alexandrov, market analyst. Find me in Google
  • #500,225
  • Oct 22, 2019 8:40am Oct 22, 2019 8:40am
Quoting Marcieny
{quote} I'm analyzing eg to trade gu ... and if it falls i don't care, everything that goes down goes up and has designs that gu can be worth a day, it might take, but it will.
But it's already 900up without retracement. So it should fall down right?
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #500,226
  • Oct 22, 2019 8:41am Oct 22, 2019 8:41am
Shooorrttt .. TP open
  • #500,227
  • Oct 22, 2019 8:43am Oct 22, 2019 8:43am
Quoting navk
{quote} just take care of your health and avoid confrontation.
  • #500,228
  • Oct 22, 2019 8:45am Oct 22, 2019 8:45am
Quoting Moty
{quote} 1.28827 , 0.618 extension of the second fibo pattern
  • #500,229
  • Oct 22, 2019 8:49am Oct 22, 2019 8:49am
Drop it like you are a falling plain
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yes yes yes
  • #500,230
  • Oct 22, 2019 8:53am Oct 22, 2019 8:53am
Quoting Moty
Drop it like you are a falling plain {image}
What if....
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  • #500,231
  • Oct 22, 2019 8:54am Oct 22, 2019 8:54am
Quoting elbert3
{quote} Such as . I Have never heard of that way of trading . Your not a professional then with that comment. My friends brother is a currency trader .. not that I ever get any info please not before anybody asks .... he would agree also I would say . So how would you describe your trading style .. thank you for answering my question.E
algorithmic but not in the sense of automation or "bots" used by the script kiddies...PM me
  • #500,232
  • Oct 22, 2019 8:56am Oct 22, 2019 8:56am
Quoting RobyTurboSS
{quote} and the entire market from US Indexes to WTI + 90% of Forex will crash today.... you'll have your answer in a few hours....
No sorry you need to read the question again . I am now intrigued as how you trade . How long have you been ...!!! Trading ????
  • #500,233
  • Oct 22, 2019 8:57am Oct 22, 2019 8:57am
Quoting elbert3
{quote} No sorry you need to read the question again . I am now intrigued as how you trade . How long have you been ...!!! Trading ????
short term crash going to monthly bottoms ...long enough to run my own show after building an entire algo prop trading platform
  • #500,234
  • Oct 22, 2019 9:00am Oct 22, 2019 9:00am
Quoting RobyTurboSS
{quote} am short from 54.5 but added to all the range... just another point in my favor ...don't delete your comment...
Roby "The 1.20" where are your comments in which you ridiculed me following the chart patterns?...
That's right you deleted them...Again, do as I say not as I do.
Always trade your own plan...I don't provide trading signals.
  • #500,235
  • Oct 22, 2019 9:05am Oct 22, 2019 9:05am
Quoting sgkrishn
{quote} But it's already 900up without retracement. So it should fall down right?
yes.
  • #500,236
  • Oct 22, 2019 9:05am Oct 22, 2019 9:05am
Quoting Coreg2004
{quote} Roby "The 1.20" where are your comments in which you ridiculed me following the chart patterns?... That's right you deleted them...Again, do as I say not as I do.
what you saying 1.20-- is my target before the rally starting!!!The timing is not right because the market have the last word
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  • #500,237
  • Oct 22, 2019 9:05am Oct 22, 2019 9:05am
#GBPusd futures data
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Oleg Alexandrov, market analyst. Find me in Google
  • #500,238
  • Oct 22, 2019 9:08am Oct 22, 2019 9:08am
Quoting RobyTurboSS
{quote} short term crash going to monthly bottoms ...long enough to run my own show after building an entire algo prop trading platform
you opened the third eye was Dude?
  • #500,239
  • Oct 22, 2019 9:09am Oct 22, 2019 9:09am
Quoting Marcieny
{quote} I'm analyzing eg to trade gu ... and if it falls i don't care, everything that goes down goes up and has designs that gu can be worth a day, it might take, but it will.
just put him on ignore .. he is an annoying person ..we have two expression in the UK "the lights are on but no one is home " or " the elevator does not go to the top floor " lol
Blogging daily now at www.volume.zone
  • #500,240
  • Oct 22, 2019 9:11am Oct 22, 2019 9:11am
Quoting Guztro
{quote} malcolmb14, our trading styles are different, so this is not criticism. I moved to trading on higher time-frames because...for me a rally on the H1/H4 could well be a retrace on a higher time-frame. To explain, if the trend on the Weekly is down, hit 100% fib, chances are we'll see a retrace (higher price) to possibly 38% fib on the weekly chart...lower time-frames traders will view this as a bulls rally, I trade the same rally as a retrace on a higher time-frame...but I always keep the long-term trend in mind. Guz
I 100% agree with what you are saying.. but if you look at weekly eg its also bearish .... and monthly has been in a distribution channel for ever ... I did a video on it few days back .

I believe EG has got a 600 pip drop coming. Disclaimer Could be wrong and normally am lol
Blogging daily now at www.volume.zone
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