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Cable Update (GBPUSD)

  • #606,981
  • Jul 5, 2021 6:22am Jul 5, 2021 6:22am
Quoting mysterio
If we get a break down I'll trade it on confirmation, purple level is resistance. If it breaks above there then forget it. Sitting on hands for now, wait and see. Still bullish so need to see a shift in momentum {image}
Tough one, swung up to take out the last high. Still in but have the opportunity to exit at BE. Decided to hold on as the breakout pattern is still valid and maybe just clearing some stops above the last high. Will let it play out for a bit longer but abandon it at the first sign of trouble, I may be swimming against the current. I had an idea that it had to go down to retest 1.38 before up but ultimately anything can happen. Will set the stop to breakeven on the next swing down or if it decides to grind up more from here I'll just close. It is reacting off of demand after all and the upwards momentum is strong.
  • #606,982
  • Jul 5, 2021 6:23am Jul 5, 2021 6:23am
Quoting Headland
{quote} They are using sunday PA for the calculations. No one takes any notice of Sunday's. you need Friday's which are here. GBP/USD Exchange Rate (fxstreet.com)
not exactly.., after market has opened you can take Friday's PP during first two hours.., what I usually do.., then comes Sunday's (calculation )
I am talking about investing
dolce vita
  • #606,983
  • Jul 5, 2021 6:25am Jul 5, 2021 6:25am
Quoting dempire1
{quote} He's back! We were trying many times to save you last week but failed many times.
bro in trading first save u, then u can save others......ha ha ha......
  • #606,984
  • Jul 5, 2021 6:27am Jul 5, 2021 6:27am
Quoting Pat Chiko
{quote} Yeah, take this cooler & please open the trap door. {image}
bro I’m waiting to lift the trapdoor leaver
Insane in the Brain..
  • #606,985
  • Jul 5, 2021 6:28am Jul 5, 2021 6:28am
3845 needs to give up to confirm bears today
Intraday only.
  • #606,986
  • Jul 5, 2021 6:30am Jul 5, 2021 6:30am
Nah. Still swinging around the area. Ill wait more for the seller to push. Sl or profit no worrie xD
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #606,987
  • Jul 5, 2021 6:38am Jul 5, 2021 6:38am
Quoting Pat Chiko
{quote} Post picture here if you see one. {image}
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  • #606,988
  • Jul 5, 2021 6:38am Jul 5, 2021 6:38am
Quoting babayaga
{quote} not exactly.., after market has opened you can take Friday's PP during first two hours.., what I usually do.., then comes Sunday's (calculation ) I am talking about investing
Thanks. Whatever the case - they are a 'tertiary' factor in my own potential supp/res/sbr/rbs methodology. (ie after primary and secondary factors) so they matter very little for me other than confluence with other factors, and as a guide (along with other things) as to how 'over-extended' price may be.
Trader with an Edge.
  • #606,989
  • Jul 5, 2021 6:41am Jul 5, 2021 6:41am
Quoting maheeee
{quote} bro in trading first save u, then u can save others......ha ha ha......
No, you are way too important
How to succeed in zero sum game?
  • #606,990
  • Jul 5, 2021 6:41am Jul 5, 2021 6:41am
Quoting randu
{quote} {image}
The character person in the photo, has been taken . The bear is okey, but not the person.

Please use other photos, or he will get annoyed for you using his avatar.

I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #606,991
  • Jul 5, 2021 6:42am Jul 5, 2021 6:42am
bulls make money bears make money and pigs....
trading is simple but is simple is not easy.
  • #606,992
  • Jul 5, 2021 6:43am Jul 5, 2021 6:43am
consolidation
Intraday Trading is an Art _ hoda
  • #606,993
  • Jul 5, 2021 6:45am Jul 5, 2021 6:45am
... that prev sw lo on 30min down to 3845 did indeed firm up as a fractal swing on that t/f....this may now be the next potential downside obstacle for the bears. 1hr below.
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Trader with an Edge.
  • #606,994
  • Jul 5, 2021 6:49am Jul 5, 2021 6:49am
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Intraday Trading is an Art _ hoda
  • #606,995
  • Jul 5, 2021 6:55am Jul 5, 2021 6:55am
Quoting Passenger12
{image}imho, it could be down from here. Just opinion
F.a.i.l.e.d
Everything is possible but not guaranteed
  • #606,996
  • Jul 5, 2021 6:58am Jul 5, 2021 6:58am
Quoting Headland
{quote} Thanks. Whatever the case - they are a 'tertiary' factor in my own potential supp/res/sbr/rbs methodology. (ie after primary and secondary factors) so they matter very little for me other than confluence with other factors, and as a guide (along with other things) as to how 'over-extended' price may be.
I use investing because of DeMark's
dolce vita
  • #606,997
  • Jul 5, 2021 7:01am Jul 5, 2021 7:01am
Quoting Passenger12
{quote} F.a.i.l.e.d
Never failed, it's all about timing
  • #606,998
  • Jul 5, 2021 7:04am Jul 5, 2021 7:04am
Quoting babayaga
{quote} I use investing because of DeMark's
Interestingly, the R1 on Demark's seems to have become S1 now :-)
  • #606,999
  • Jul 5, 2021 7:06am Jul 5, 2021 7:06am
Quoting ZenNy
bulls make money bears make money and pigs....
Become roasted
  • #607,000
  • Jul 5, 2021 7:17am Jul 5, 2021 7:17am
...3861 firms up as prev 1hr sw hi zone now...also there 61.8% 3940-3731...didn't have it plotted as there were so many previous sw hi's between that main one @ 4001 down to 3731 on 1hr/4hr that it was a bit crowded so took the intervening ones off but on a 2nd look it's there - but then again there's generally always a bloody fib lol!

1hr below.
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Trader with an Edge.
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