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Cable Update (GBPUSD)

  • #578,841
  • Feb 18, 2021 4:39am Feb 18, 2021 4:39am
Quoting tiborf71
{quote} do you think there is no other method than the traditional idea? I see that you have been a trader for a long time. I can ask you what you have done over many, many years. or did you not look for a solution ?.
so far, so good.
i don't even know what you are calling traditional.
if works, no need to find other solution.
but i always try to learn more and more, knowledge takes no brain space.
stay cool.
If you don't know how to earn money, don't loose it.
  • #578,842
  • Feb 18, 2021 4:40am Feb 18, 2021 4:40am
Quoting tiborf71
{quote} do you think there is no other method than the traditional idea? I see that you have been a trader for a long time. I can ask you what you have done over many, many years. or did you not look for a solution ?.

Hey Dude,

What are you trying to prove here ? Haven't seen you in this thread. It seems your a pro trader and had been with FF for a long time. Even we'd like to know the other trading methods that can be used for trading other than technical and fundamental? I learn everyday and i'd like to learn from you today.
Fools Rushing
  • #578,843
  • Feb 18, 2021 4:41am Feb 18, 2021 4:41am
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 02-18-2021 12.40_1.jpg Size: 123 KB
yes yes yes
  • #578,844
  • Feb 18, 2021 4:41am Feb 18, 2021 4:41am
Quoting navk
{quote} the clue is here, Why it is rising. I mentioned in my post earlier in asia. Above 3850 is long. Yesterday it found support at 200 hr MA. Important support. Daily is already bullish. {image}
Your pivot is 1.3866. Why is long from 1.3850? Thank you.
  • #578,845
  • Feb 18, 2021 4:44am Feb 18, 2021 4:44am
Quoting tiborf71
{quote} do you think there is no other method than the traditional idea? I see that you have been a trader for a long time. I can ask you what you have done over many, many years. or did you not look for a solution ?.

Me too.

I would like to learn something new and more profitable.

So far, for the past nine months of trading live account, I only use Support and Resistant coz I haven't learn other than that yet.

Now, I found you. This maybe a good chance for me to become a better profitable trader.

Looking forward for your contribution in this thread

Thank You

Sincerely

Sang Real
from UAE
  • #578,846
  • Feb 18, 2021 4:49am Feb 18, 2021 4:49am
Quoting Headland
{quote} You make a good point...that last gmt+2 4hr bull thrust candle closed above the last 2 x LH's on that t/f (circled in red.) 4hr below. {image}
That is correct also because when the last larger degree hourly swing is viewed against the 4 Hour larger degree swing it is going the opposite way so the larger degree hourly swing is potentially corrective especially as the hourly larger swing support was still intact, so hopefully we will see a 1H larger degree swing new high in line with trend continuation but in between there could be some smaller corrections to come which is where retail will trade short trying to pick the top as usual.
Follow The Markets Structure - Patience and Discipline
  • #578,847
  • Feb 18, 2021 4:50am Feb 18, 2021 4:50am
Quoting Tim_isoara
{quote} Your pivot is 1.3866. Why is long from 1.3850? Thank you.
The price found 4hr support + 200 EMA yesterday at 3828.

As long as 3828 is not broken it, is long.

And 3850 is round number.

Yes, once daily pivot, 3866 is broken, then one can take long,
Intraday only.
  • #578,848
  • Feb 18, 2021 4:51am Feb 18, 2021 4:51am
Quoting BeeTogether
{quote} no idea I have a signal tab on the app that i usually snapshot and post
Thank you
  • #578,849
  • Feb 18, 2021 4:51am Feb 18, 2021 4:51am
Quoting MTF Test
{quote} Hey Dude, What are you trying to prove here ? Haven't seen you in this thread. It seems your a pro trader and had been with FF for a long time. Even we'd like to know the other trading methods that can be used for trading other than technical and fundamental? I learn everyday and i'd like to learn from you today.
i trade on this pair so i look for correction days because there are and will always be.
this is a sure point.
in my previous comments I just wanted to save time for my trading associates to tell me that the traditional method, concept will not work. so they are looking for new ideas, new strategy.
  • #578,850
  • Feb 18, 2021 4:55am Feb 18, 2021 4:55am
Congrats to all the bull traders, we will make a new high soon. Cheers and continue our party. Hola!
Damage
  • #578,851
  • Feb 18, 2021 4:56am Feb 18, 2021 4:56am
Quoting Bacco
Market out of balance...probably we ll stay in a range until this afternoon....

Yes, I was just thinking about that. Gonna short cable. Take profit: 15 pips.
  • #578,852
  • Feb 18, 2021 4:57am Feb 18, 2021 4:57am
Quoting tiborf71
{quote} i trade on this pair so i look for correction days because there are and will always be. this is a sure point. in my previous comments I just wanted to save time for my trading associates to tell me that the traditional method, concept will not work. so they are looking for new ideas, new strategy.
nem értem. jó neked
Fools Rushing
  • #578,853
  • Feb 18, 2021 5:01am Feb 18, 2021 5:01am
Quoting abconqq7
Congrats to all the bull traders, we will make a new high soon. Cheers and continue our party. Hola!
You certainly like to party
  • #578,854
  • Feb 18, 2021 5:03am Feb 18, 2021 5:03am
there is possibility for pullback as long as 3932 is not broken

IMO
Intraday only.
  • #578,855
  • Feb 18, 2021 5:05am Feb 18, 2021 5:05am
Quoting Bacco
Market out of balance...probably we ll stay in a range until this afternoon....
i think it will drop slowwwwwly slooowwwly till 1.3885 area before another fly..
it can go to 1.395 today as well
be careful from scammers around here..
  • #578,856
  • Feb 18, 2021 5:05am Feb 18, 2021 5:05am
Quoting navk
there is possibility for pullback as long as 3932 is not broken IMO
Let's hope so I can exit my shorts.
  • #578,857
  • Feb 18, 2021 5:06am Feb 18, 2021 5:06am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 52 KB
  • #578,858
  • Feb 18, 2021 5:07am Feb 18, 2021 5:07am
Attached Image (click to enlarge)
Click to Enlarge Name: ba4f590ba62f0cc20d54d11702229103.png Size: 52 KB
Going Short
  • #578,859
  • Feb 18, 2021 5:10am Feb 18, 2021 5:10am
GU unexpectedly bounced again off the 4 hour support to keep bullish trend on that time frame.
Now a base below 1.3920 needed to target 1.3875-95 first, while on upside 1.3950 main resistance, a base above will target 1.40
Only positivity for bears is the monthly that gives a wide range for retracement sooner or later.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #578,860
  • Feb 18, 2021 5:10am Feb 18, 2021 5:10am
Quoting redoan
{quote} Let's hope so I can exit my shorts.
NO.

It broke.
Intraday only.
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