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Cable Update (GBPUSD)

Quoting Coreg2004
{quote} shivohum2015, that's the idea...hopefully it will play out, if not, no worries either...today GU reached max level by my book (120%dailyATR(14) @1.34435. {image}
nothing new today, GU still in an uptrend...min target for C reached @1.35486, now the next target is AB=CD @1.3592...stay tuned.
Attached Image (click to enlarge)
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Always trade your own plan
Hi traders,

Been having a busy day.. (Meetings in and out)
Oh well, GU bulls did come through with the spike..

Still under playing ‘Spike Lee’ ?
I think I like him best when drunk ..

interesting PA so far
Keep we’ll everyone
End-Time Investor
Quoting helioss
On daily i have this nice LONG SETUP: Breakout .3540 TP .3649 {image}
& Weekly breakout has TP .3701
Attached Image (click to enlarge)
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took short 3544.

stop 3550
Intra day only.
Quoting navk
took short 3544. stop 3550
Still long
Always Defend your investment 1775
https://fingfx.thomsonreuters.com/gfx/buzz/xklpyjnywvg/Pasted%
GBP/USD Trader
13:18
Level Technical Significance 1.3608 Daily High May 14 2018 1.3600 Psychological Level 1.3570 Daily High May 15 2018 1.3548 2020 High Dec 16 1.3513 ==Update Price== 1.3436 Session Low Dec 16 1.3385 10-Day MA 1.3359 21-Day MA 1.3342 Daily Tenkan-Sen Strategy Await Signal Current Position Flat @ 1.3530 Target: Stop: Open/Close 04-Dec-20
GBP/USD jump has broken the previous 2020 1.3540 peak, a daily close above which would accelerate gains even further. On the downside there are layers of decent technical support between the tenkan line at 1.3342 and Wednesday's 1.3436 low. Tenkan and kijun lines are positive aligned, reinforcing the overall bullish market structure. (MM)
%201608110702737.png
f....k all technicals, it doesn't work. Only the ability to see smart money can help here

how I traded yesterday
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Always Defend your investment 1775
Quoting Hunterrus84
f....k all technicals, it doesn't work. Only the ability to see smart money can help here how I traded yesterday {image}
I suggest you learn advanced TA.. Ofcause regular TA is crap.. If regular worked, we all would be swimming in money
End-Time Investor
Technicals work if you know what you are doing.

Quoting Hunterrus84
f....k all technicals, it doesn't work...


How is that ability gained? By guessing, intuition...or after the fact?

Trade safe.

KP

Quoting Hunterrus84
....Only the ability to see smart money can help...
Do your homework, follow the footprints of smart money
Nice Trade,

Were, "I" had 'not been fooling around confident, even "Myself",
"MWA", Me, that there was more of a shoe to drop,
on that "GAP", -and at least a 61.8% to be filled off that Wave-1,
on the 4 hr. Yesterday, my entry should have been MUCH, MUCH better.
But see, that's what happens when our brains are programmed ourselves,
for thinking what "We Know" SHOULD happen, and the Market fools us.
-Worse Yet, when we're "CARNI-Barking" "SHORT, SHORT" & the Market,
is GLARINGLY, in an Uptrend, because we feel we need to 'gamble'.

And 'have to CLARIFY, this is not to the Short Scalpers or those that play possibly
bigger Trends. -But i Still think you Short A'Top Wave Sets, etc. Not at the Bottom of one.
My Entry was poor, but 'still saw the Ball Game, & the Turn Around Directions on the Map.
Then i Finally when i got off my Duff. 101 Pip's "I'm Out";
Sure... There's more possibly in the Tank here gang.
Happy Pipping,

Jeff P.S. I "Hurriedly" Pulled this Fib, -NoT at all Correct as a Rule, but i do see,
Even within Wave-3 set's alot of 23.6/38.2 Pullbacks @the MOST, During
Such a STRONG WAVE. Again, Happy Pipping, Jeff out !
Attached Image (click to enlarge)
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Chant the 'Mantra'
Quoting JayBag
{quote} I suggest you learn advanced TA.. Ofcause regular TA is crap.. If regular worked, we all would be swimming in money
I agree, advanced TA is an art, but only smart money rules the market, advanced TA helps to understand how smart money thinks, how they divide money to get into market, but this happens not so often, and that is why I prefer the ABILITY TO SEE
Always Defend your investment 1775
Quoting KeenPips
Technicals work if you know what you are doing. {quote} How is that ability gained? By guessing, intuition...or after the fact? Trade safe. KP {quote}
I won't tell how, you need a lot of time to trade to learn it. there are some secrets, not to tell here, just follow my trading and you will see it is possible without TA, or adv TA and so on.. Time will tell who is right.
Always Defend your investment 1775
Quoting hussin naiji
{quote} sold @ 3510 s/l and t/p open
we will see a good work by this pattern ?
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Truth is, mate, I don't need how you trade. But if you are posting here you should be explicit to explain to members the position you are taking. That is a better way of adding value to this thread.

Stay safe, trade safe.

KP

Quoting Hunterrus84
{quote} I won't tell how, you need a lot of time to trade to learn it. there are some secrets, not to tell here, just follow my trading and you will see it is possible without TA, or adv TA and so on.. Time will tell who is right.
Do your homework, follow the footprints of smart money
Quoting JayBag
{quote} I suggest you learn advanced TA.. Ofcause regular TA is crap.. If regular worked, we all would be swimming in money
Can you give us an idea where/how to start learning advanced TA ?
Quoting KeenPips
Truth is, mate, I don't need how you trade. But if you are posting here you should be explicit to explain to members the position you are taking. That is a better way of adding value to this thread. Stay safe, trade safe. KP {quote}
My position is next, when I see Smart Money selling or buying, I will just post a screenshot here from where I go long or short and what is also important WHEN, stops are very small, trading intraday mostly, and it is hard to teach a man how to see SM, he or she must do it himself/herself, I mean to come to this point.

Let us say I want to help people a little
Always Defend your investment 1775
Quoting shnackattack
{quote} Can you give us an idea where/how to start learning advanced TA ?
Time will teach, don't bother on it
Always Defend your investment 1775
Quoting JayBag
Hi traders, Been having a busy day.. (Meetings in and out) Oh well, GU bulls did come through with the spike.. Still under playing ‘Spike Lee’ ? I think I like him best when drunk .. interesting PA so far Keep we’ll everyone
We got our "Pippage" Jay...
Happy Day brother-
Here's for those still working at 'Bagging' some pip's,
Some 'GooD Year' background music- off of the BEST Movie
possibly ever conceived about life & a little trading thrown in.
(A Good Year).
Enjoy in 'Background... A Good Movie to Watch w/the Mrs.

Inserted Video
Chant the 'Mantra'
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Quoting Hunterrus84
{quote} I agree, advanced TA is an art, but only smart money rules the market, advanced TA helps to understand how smart money thinks, how they divide money to get into market, but this happens not so often, and that is why I prefer the ABILITY TO SEE
yup all about art, and i really art

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Anything is possible --- Trade well
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