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Cable Update (GBPUSD)

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  • Post #570,321
  • Quote
  • Jan 5, 2021 12:16pm Jan 5, 2021 12:16pm
  •  Headland
  • Joined Apr 2020 | Status: trading | 5,054 Posts
...there is a repeating pattern of 1hr bearish hidden div @ the current hoi but the pa leading to it (off the 3541 lo) is not good re a short off it and you have to ask yourself what next t/f trend (ie 4hr) are you entering after a pullback? cause there isn't a downtrend on 4hr, This doesn't mean to say price won't fall just that this set-up (as yet unconfirmed by pa on the same t/f) is lower in probability than it optimally might be.
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
 
  • Post #570,322
  • Quote
  • Jan 5, 2021 12:16pm Jan 5, 2021 12:16pm
  •  nutgm5169
  • | Joined Feb 2012 | Status: NNN | 186 Posts
try test
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  • Post #570,323
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  • Jan 5, 2021 12:23pm Jan 5, 2021 12:23pm
  •  Maximumheigh
  • | Joined Sep 2020 | Status: Member | 447 Posts
Quoting Maximumheigh
Disliked
Good day friends. We are likely to touch 1.365x-1.367x before a further fall down to 1.344x. IMO
Ignored
Offloaded 75% buy here. Waiting for market reaction around 1.365x-1.367x for a sell trade. iMO
 
 
  • Post #570,324
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  • Jan 5, 2021 12:24pm Jan 5, 2021 12:24pm
  •  Coreg2004
  • Joined Oct 2009 | Status: Member | 2,575 Posts
Quoting Sang.Real
Disliked
{quote} GU Arriving at Target. Trade set up using SNR Great day, but a bit dull {image}
Ignored
Sang, what SNR stands for?...
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Always trade your own plan...I don't provide trading signals.
 
 
  • Post #570,325
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  • Jan 5, 2021 12:27pm Jan 5, 2021 12:27pm
  •  sf0078
  • | Joined Dec 2020 | Status: Member | 6 Posts
Quoting Coreg2004
Disliked
{quote} Sang, what SNR stands for?... {image}
Ignored
Support and Resistance

Happy trading...
 
1
  • Post #570,326
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  • Jan 5, 2021 12:29pm Jan 5, 2021 12:29pm
  •  Fredo219
  • | Joined Aug 2019 | Status: Member | 384 Posts
US PMI is medium impact on ff calender but high impact on the news.
Confusing!
Patience.....
 
 
  • Post #570,327
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  • Jan 5, 2021 12:34pm Jan 5, 2021 12:34pm
  •  RedCable
  • | Joined May 2020 | Status: Member | 55 Posts
Quoting Fredo219
Disliked
US PMI is medium impact on ff calender but high impact on the news. Confusing!
Ignored
More confusing that, it came out positive but market went opposite !!!
 
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  • Post #570,328
  • Quote
  • Jan 5, 2021 12:37pm Jan 5, 2021 12:37pm
  •  Headland
  • Joined Apr 2020 | Status: trading | 5,054 Posts
...could well get another fractal HL today on dly t/f (which is in a general fractal uptrend presently) @ yesterday's 3541 lo with close of today's dly candle - looking likely so far....will the 4hr bullish hidden div at that lo see a with uptrend follow thru to a new uptrend hi above 3704? 4hr below. (gmt+2 candles)
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
 
  • Post #570,329
  • Quote
  • Jan 5, 2021 12:37pm Jan 5, 2021 12:37pm
  •  dmegastar
  • Joined Jan 2008 | Status: Member | 9 Posts
Quoting JayBag
Disliked
{quote} Calm down bro. It's a vision and nothing personal Boils down to BIAS.. If anything, I for one don;t make it about fellow traders. You completely got that wrong I actually go against the idea of making it about other traders. SS
Ignored
No skin pain bro.
We will make the dollars.
Good mates around here with great forecast
 
1
  • Post #570,330
  • Quote
  • Jan 5, 2021 12:37pm Jan 5, 2021 12:37pm
  •  Fredo219
  • | Joined Aug 2019 | Status: Member | 384 Posts
Quoting RedCable
Disliked
{quote} More confusing that, it came out positive but market went opposite !!!
Ignored
There's nothing confusing about that. It happens .
Patience.....
 
1
  • Post #570,331
  • Quote
  • Jan 5, 2021 12:43pm Jan 5, 2021 12:43pm
  •  viktoriaxz
  • | Joined Jun 2019 | Status: on vacation | 1,398 Posts
bulls didnt finish 1 h yet.targer finish i dont know.
 
 
  • Post #570,332
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  • Jan 5, 2021 12:46pm Jan 5, 2021 12:46pm
  •  Kaysole
  • Joined Jul 2006 | Status: Member | 559 Posts
Quoting gatenio
Disliked
{quote} yap, 1.362-1.364 at least wont sell it even there. just careful with the long
Ignored
Great call
 
1
  • Post #570,333
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  • Jan 5, 2021 12:48pm Jan 5, 2021 12:48pm
  •  viktoriaxz
  • | Joined Jun 2019 | Status: on vacation | 1,398 Posts
Quoting Kaysole
Disliked
{quote} Great call
Ignored
it can be more dont cykle on numbers
 
 
  • Post #570,334
  • Quote
  • Jan 5, 2021 12:50pm Jan 5, 2021 12:50pm
  •  cmk
  • | Joined Feb 2014 | Status: Member | 99 Posts
For all of you who went against the trend, let your accounts Rest in Peace.

Bubula
 
 
  • Post #570,335
  • Quote
  • Jan 5, 2021 12:50pm Jan 5, 2021 12:50pm
  •  Headland
  • Joined Apr 2020 | Status: trading | 5,054 Posts
Quoting Headland
Disliked
{quote} ...after this 50% 3704-3541 @/around current dly hi, it's the prev 1hr sw lo zone = prev supp = pot sbr 3629-47 that includes 61.8% of same move @ 3641 that is the next upside obstacle for bulls. Sold 1hr bullish close.
Ignored

... some supply @ that 61.8% then...price not exactly racing down ...1 and 3min regular bearish div there but still a quick scalp and a handful of pips made for a productive trip back to desk. Back during London session tomorrow. 1hr below.
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
 
  • Post #570,336
  • Quote
  • Jan 5, 2021 12:53pm Jan 5, 2021 12:53pm
  •  Tbag29203
  • | Joined Jan 2021 | Status: Junior Member | 2 Posts
Quoting nutgm5169
Disliked
try test {image}
Ignored
i follow your posts for quite a while now and wonder what system u use. would you mind sharing it to a newbee?
 
 
  • Post #570,337
  • Quote
  • Jan 5, 2021 12:56pm Jan 5, 2021 12:56pm
  •  RCtrader
  • Joined Aug 2018 | Status: Honourable Member | 1,806 Posts
Quoting cmk
Disliked
For all of you who went against the trend, let your accounts Rest in Peace. Bubula
Ignored
Trend? I suppose you speak of the uptrend. But the trend can change.
Risk Management is of utmost importance!
 
1
  • Post #570,338
  • Quote
  • Jan 5, 2021 12:57pm Jan 5, 2021 12:57pm
  •  bilal1947
  • Joined Apr 2020 | Status: Offline | 3,223 Posts
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The Ghost In The Machine
 
 
  • Post #570,339
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  • Jan 5, 2021 1:03pm Jan 5, 2021 1:03pm
  •  Kaysole
  • Joined Jul 2006 | Status: Member | 559 Posts
Quoting RCtrader
Disliked
{quote} Trend? I suppose you speak of the uptrend. But the trend can change.
Ignored
It's all relative. If you look at the monthly, the trend is down.
 
 
  • Post #570,340
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  • Jan 5, 2021 1:15pm Jan 5, 2021 1:15pm
  •  palpite
  • Joined Sep 2015 | Status: Under Pressure | 3,399 Posts
Quoting Moty
Disliked
{quote} I prefer the 50 lwma {image} {image}
Ignored
The market will wait the news of tomorrow.

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Together we can be strongest
 
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