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Cable Update (GBPUSD)

  • #503,381
  • Nov 12, 2019 11:07am Nov 12, 2019 11:07am
this can have a killing mission ! anyway I will not wait for , will go shopping , will check later. take care
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #503,382
  • Nov 12, 2019 11:24am Nov 12, 2019 11:24am
Attached Image (click to enlarge)
Click to Enlarge Name: ??? ????.png Size: 19 KB
Attached Image (click to enlarge)
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yes yes yes
  • #503,383
  • Nov 12, 2019 11:28am Nov 12, 2019 11:28am
as expected

Attached Image (click to enlarge)
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two entries based on chart above:

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  • #503,384
  • Nov 12, 2019 11:29am Nov 12, 2019 11:29am
Quoting thevisitor
as expected {image} two entries based on chart above: {image}
you are spot on, I got stoped out many times in London session but then made a smart recovery and ended the day positive.

But the day is not as usual.
Intraday only.
  • #503,385
  • Nov 12, 2019 11:31am Nov 12, 2019 11:31am
Quoting thevisitor
as expected {image} two entries based on chart above: {image}
Wait for 1.29
  • #503,386
  • Nov 12, 2019 11:33am Nov 12, 2019 11:33am
Quoting Guztro
{quote} I don't understand what you are saying? However, Big banks never release all their funds in one go...so what many believe to be the market moving sideways, is in fact distribution and accumulation. If you understand those two key principles and how they influence direction, you can make allot of money.
Can you please suggest any source so that i can fully understand about distribution and accumulation.
Thanks.
  • #503,387
  • Nov 12, 2019 11:35am Nov 12, 2019 11:35am
Quoting navk
{quote} you are spot on, I got stoped out many times in London session but then made a smart recovery and ended the day positive. But the day is not as usual.
knowing these days....
yesterday stopped out and the train went north without me..
you ended in green..so what
  • #503,388
  • Nov 12, 2019 11:39am Nov 12, 2019 11:39am
Quoting stillbroke10
{quote} Wait for 1.29
nothing is for sure but i expect 1.2900 min.
  • #503,389
  • Nov 12, 2019 11:56am Nov 12, 2019 11:56am
Quoting buddha-
try it {file}
Looks promising. Thanks for sharing.
  • #503,390
  • Nov 12, 2019 12:00pm Nov 12, 2019 12:00pm
closed 50% +32
  • #503,391
  • Nov 12, 2019 12:40pm Nov 12, 2019 12:40pm
a new cycle is coming ... and the Dxy drop is coming too... Take care..
  • #503,392
  • Nov 12, 2019 12:52pm Nov 12, 2019 12:52pm
1.2866 nice resistance , im short 1.28603 - SL 1.28802 good night all
never ever let ur ego take control !
  • #503,393
  • Nov 12, 2019 1:10pm Nov 12, 2019 1:10pm
Closed +26
  • #503,394
  • Edited 1:54pm Nov 12, 2019 1:11pm | Edited 1:54pm
Its coming down, the daily is still in down mode, see the current correction on the 4 hour or better on the hourly, it looks like a triangle , waiting for the 5th wave in the triangle then short.

Scrub that, it should be daily down , 4 hour is up and making a correction which is a going sideways, looks like a triangle 5 waves, waiting for 5th to long
Follow The Markets Structure - Patience and Discipline
  • #503,395
  • Nov 12, 2019 1:15pm Nov 12, 2019 1:15pm
Attached Image (click to enlarge)
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yes yes yes
  • #503,396
  • Nov 12, 2019 1:26pm Nov 12, 2019 1:26pm
test upper tl

reenter long 1.2851

Attached Image (click to enlarge)
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  • #503,397
  • Nov 12, 2019 1:48pm Nov 12, 2019 1:48pm
Quoting olegchartist
This is a perfect example of EVRB (signal for buying). Why does it perfect? It appears: - around Level of Stop Losses of buyers (blue line) - when Buy:Sell Ratio goes to extremely numbers. {image} Follow my thread

how did u get on that chart
MY OPINION NOT FINANCIAL ADVISE
  • #503,398
  • Nov 12, 2019 1:50pm Nov 12, 2019 1:50pm
Quoting thevisitor
test upper tl reenter long 1.2851 {image}

my best opinion i wont go long at that level why because that could easily turn a lower high with monday high
MY OPINION NOT FINANCIAL ADVISE
  • #503,399
  • Nov 12, 2019 2:02pm Nov 12, 2019 2:02pm
Quoting pipfarm
Its coming down, the daily is still in down mode, see the current correction on the 4 hour or better on the hourly, it looks like a triangle , waiting for the 5th wave in the triangle then short. Scrub that, it should be daily down , 4 hour is up and making a correction which is a going sideways, looks like a triangle 5 waves, waiting for 5th to long

Looks like a triangle before the long, if it was the third push up it would of moved a lot faster and taken the previous swing high out very rapidly
Follow The Markets Structure - Patience and Discipline
  • #503,400
  • Edited 2:44pm Nov 12, 2019 2:26pm | Edited 2:44pm
Quoting fontu
this can have a killing mission ! anyway I will not wait for , will go shopping , will check later. take care {image}
Back, reacted perfect but market not in hurry like us , will wait by day end? Next day try ok but ok now to try, odd time it seems!
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
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