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Cable Update (GBPUSD)

  • #594,661
  • May 13, 2021 3:05am May 13, 2021 3:05am
Quoting gatenio
dxy, above 90.766 will lead to 91.1 need 1h above, 4h better.
can go to the gap at 90.880 and drop for retrace
yes yes yes
  • #594,662
  • May 13, 2021 3:06am May 13, 2021 3:06am
Quoting parshal
{quote} Yeah thanks for the caution. On the other way to look, that this might be the only chance in this quarter to that high before a big drop perhaps.
If you see the DXY last week candle, then this week has a chance to close bearish or atleast a doji.
This gives a chance for the cable bulls to test the high. (also based on last week's bull candle). I hope that hint is enough to take that pinch of risk.
My observation may be wrong but intent correct. Stay calm!
  • #594,663
  • May 13, 2021 3:07am May 13, 2021 3:07am
Quoting Sang.Real
{quote} I must learn from my camel on how they can drink so much and doesn't pee for days. A typical camel can drink 53 gallons in 3 minutes. A less thirsty camel might drink 20-30 gallons in 10 minutes. Can you imagine, how they can hold it ?
Wait until you hit your 50's
  • #594,664
  • May 13, 2021 3:14am May 13, 2021 3:14am
Quoting parshal
{quote} If you see the DXY last week candle, then this week has a chance to close bearish or atleast a doji. This gives a chance for the cable bulls to test the high. (also based on last week's bull candle). I hope that hint is enough to take that pinch of risk.
I'm seeing dxy move higher, after hitting a powerful demand level on 90 and the sky high inflation pushing rates much higher, and they're still heading up. Daily supply 91.2 my first anticipated target. Could be wrong
  • #594,665
  • May 13, 2021 3:16am May 13, 2021 3:16am
Quoting Moty
{quote} can go to the gap at 90.880 and drop for retrace
trading according gap is wrong..
not my style.
  • #594,666
  • May 13, 2021 3:16am May 13, 2021 3:16am
Quoting Sang.Real
{quote} Price of petrol 95 octane is around Dh1.72 per liter. Price of water is around Dh5.00 to Dh10.00 per 1.5 liter bottle. Camel are expensive, but it's cultural and national treasure. They are robust and you only can pass this road only by camel not by cars. (pic below). Like Moty's saying : You Shell not pass" {image}
£ 1.30 a litre petrol 95 octane in UK and water Free!! Swap you a camel for your Ferrari!!!
Don't trade what you think. Just what you see!!!
  • #594,667
  • May 13, 2021 3:17am May 13, 2021 3:17am
Quoting mysterio
{quote} I'm seeing dxy move higher, after hitting a powerful demand level on 90 and the sky high inflation pushing rates much higher, and they're still heading up. Daily supply 91.2 my first anticipated target. Could be wrong
Yeah I see that as well but DXY has to break 91.41 for Cable chances of testing 1.42 is demolished.
It might happen perhaps next week.
My observation may be wrong but intent correct. Stay calm!
  • #594,668
  • May 13, 2021 3:18am May 13, 2021 3:18am
Attached Image (click to enlarge)
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Inserted Video
yes yes yes
  • #594,669
  • Edited 3:37am May 13, 2021 3:20am | Edited 3:37am
Quoting Moty
{image} https://www.youtube.com/watch?v=mBS0...824cowboy58824
but I haven’t seen anything take off
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Insane in the Brain..
  • #594,670
  • May 13, 2021 3:21am May 13, 2021 3:21am
Quoting Waveskierrob
{quote} Wait until you hit your 50's

I think there are medication for urinary incontinence for the elders.

Besides wearing uncomfortable diapers.
  • #594,671
  • May 13, 2021 3:22am May 13, 2021 3:22am
Quoting mysterio
{quote} Ye could be, apologies I instantly regretted that post, I shouldn't be trying to influence anyones trades.. follow your plan.. good luck Sitting on my hands for now, haven't seen anything I really like

Mysterio Sir can you kindly let me know till what place the price can drop maximun ...please
  • #594,672
  • Edited 3:39am May 13, 2021 3:26am | Edited 3:39am
Quoting HumbleLearne
{quote} Mysterio Sir can you kindly let me know till what place the price can drop maximun ...please
Hmmm still figuring it out, I was looking at these two levels, 1.4075 or 1.41 ish. Missed that opportunity to sell on return to 1.4070. What are you seeing ? Note I just take scalp entries I don't really get into forecasting exactly when it will drop hard, I count myself lucky if it drops more than 30 pips, just go with the momentum if it seems to be moving with some energy

For me it is no-mans land for bulls, any demand created on the way up was manipulation so should be treated with scepticism. Made this mistake on 20th April
Attached Image (click to enlarge)
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  • #594,673
  • May 13, 2021 3:35am May 13, 2021 3:35am
Quoting BeeTogether
{quote} but I have seen anything take off {image}
here it come
the mf made another sl hunt
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yes yes yes
  • #594,674
  • May 13, 2021 3:37am May 13, 2021 3:37am
Quoting Moty
{image} https://www.youtube.com/watch?v=mBS0...824cowboy58824
if you think it will close the gap? why long?

i see that you add the ADR and the pivot again.

i think you need to keep it, take off the band and the multiple MA's and switch to BLACK MODE template.. its better for sight.

p.s price will reach 4015
  • #594,675
  • May 13, 2021 3:38am May 13, 2021 3:38am
Quoting Moty
{quote} here it come the mf made another sl hunt {image}
bro I think we are going to hit 140-13970 before a proper rise
Insane in the Brain..
  • #594,676
  • May 13, 2021 3:41am May 13, 2021 3:41am
4016 will be touched soon
  • #594,677
  • May 13, 2021 3:43am May 13, 2021 3:43am
Quoting Headland
...there is a repeating pattern of hidden bullish div present on 4hr oscillators which may be valid even with a further drop but price has to stay well above 3858 to remain valid in any event. 4hr below. {image}


Thats what i am exactly looking all the candles should be closing below your red line or mine blue line for trend change in the opposite direction so first target to get out is 1.40148 . How and y do i analyse this have look at the structure at the left for clues as to how and when the past candles have been closing below the blue line ..
Attached Image (click to enlarge)
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  • #594,678
  • May 13, 2021 3:43am May 13, 2021 3:43am
Quoting mysterio
{quote} Hmmm still figuring it out, I was looking at these two levels, 1.4075 or 1.41 ish. Missed that opportunity to sell on return to 1.4070. What are you seeing ? Note I just take scalp entries I don't really get into forecasting exactly when it will drop hard, I count myself lucky if it drops more than 30 pips, just go with the momentum if it seems to be moving with some energy For me it is no-mans land for bulls, any demand created on the way up was manipulation so should be treated with scepticism. Made this mistake on 20th April {image}

Respected Sir above is the answer to your question
  • #594,679
  • May 13, 2021 3:45am May 13, 2021 3:45am
Quoting HumbleLearne
{quote} Thats what i am exactly looking all the candles should be closing below your red line or mine blue line for trend change in the opposite direction so first target to get out is 1.40148 . How and y do i analyse this have look at the structure at the left for clues as to how and when the past candles have been closing below the blue line .. {image}
same number different strategy.
BBMA is nice. but i hate MA
  • #594,680
  • May 13, 2021 3:48am May 13, 2021 3:48am
Quoting gatenio
{quote} same number different strategy. BBMA is nice. but i hate MA

You are very intelligent guy you caught me but y do you hate MA ..anything i can learn from you Sir
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