Cable Update (GBPUSD)

Hit SL going down to 3837

and the mistake was I have shown to the internet the 3 years backtest
errmmm

Wow,


You must be professional forex trader.

the backtest above no lot increase optimization
lot size stay same from january until december even though capital increase

... 3 fib cluster in this prev 1hr/4hr/dly sw hi zone=prev res = pot rbs starting @ 3866, between 3863-57, Dly S1 @ 3858. 2 more fibs then 3847 and 3842.

Interesting for bull but PA for bear side

Reached, now Cable should take LONG ROAD... below .385 LONG BIAS is corrupted

that is all for today.

3870 is support.

Now retrace time.

May be until tomorrow?

Dunno

..76.4% & 78.6% of 3845-3951 @ the current dly lo. 1hr below.

HI JAck

I know why you quate

it is because I didnt truct my own creation

because last friday i have manually tp and then worst i clos myself becasue i dint really think that gu can reach 1.39

actually all the buy tp were 1.39

so it is like this the entry will take place according to the algorithm but subjected to previous closing

so for eg example previous closing 1.3845, the the algorithm is swing it will enter but in this case bad entry

suppose i trust 100% then all buy are closed at 1.39

all the bad sell will not take place

it will swing start above 1.39 to 1.395

The bounce came from just above daily support 1.3860s, now resistance is back again @1.3900s to add shorts if reaches there...

Weekly/Monthly is waaaay in bears favor for a retrace...

ALL OUT!!!
250 $ profit .
waiting for the pull back

gold for 20 points

On the daily TF we can see a break of an ascending channel and a retest of 1.385. Though price is already expensive for the bulls. There might be a deeper correction for Cable to gather more liquidity before it proceeds to 1.42-1.43 zone.

Bulls back in although not sure how strong the current trend is

lets your broker time not same
here is the code to save an indicator to display broker time and gmt time

datetime time_broker = TimeCurrent();
datetime time_curr = TimeGMT();
MqlDateTime dtct, dto, dtc;
TimeToStruct(time_curr, dtct);
TimeToStruct(time_open, dto);
TimeToStruct(time_close, dtc);
dto.year = dtc.year = dtct.year;
dto.mon = dtc.mon = dtct.mon;
dto.day = dtc.day = dtct.day;

Comment(\n Broker_time: ",time_broker,"\n","\n GMT_time: ",time_curr,"\n");

delicious stop hunt huh, you aint a getting me fool