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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

FOMC
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Trade what you see not what you think.
Quoting corongumet
I hope it can help us i know volume in forex market its not real volume. But its can help us. yesterday daily candle close bellow monday open candle and volume was rising or better than monday. I think today bear could be take a control. {image}
Volume is a fantastic tool, I understand the limitations of it and there are times it can give false signals, especially if you don’t know how to use it, but it has saved my skin so many times I cannot count them - revealing trap moves and confirming genuine moves. I really don’t understand why so many traders do not use it. Anna Coulling has written a bunch of books on trading forex using volume for anyone interested in this strange art.
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Quoting corongumet
I hope it can help us i know volume in forex market its not real volume. But its can help us. yesterday daily candle close bellow monday open candle and volume was rising or better than monday. I think today bear could be take a control. {image}
Where did you get that info-graphic from? - it’s neat!
Nearly there first TP 13850 (psychological level)
... potential sbr up to circa 3844. Testing WP and the 2 x fibs now in that zone. 1hr below.
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Intraday (mainly) swing scalper via a Supp/Res & Pa based edge
Strong S/R levels for July from options analysis (if I did it correctly, probably not). Took 1.39 and 1.4 strikes. If OI flows to other strikes it will be different picture.
Should convert Futures into Spot market price, but I don't see much sense doing this.
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Quoting Bainbrito
{quote} Volume is a fantastic tool, I understand the limitations of it and there are times it can give false signals, especially if you don’t know how to use it, but it has saved my skin so many times I cannot count them - revealing trap moves and confirming genuine moves. I really don’t understand why so many traders do not use it. Anna Coulling has written a bunch of books on trading forex using volume for anyone interested in this strange art.
I use it and combine with elliot wave. Because in forex its not a real volume. I use tradingview with fxcm or Fxdd. I think its good volume. I think above TF H4 to use volume.
Learn and learning
EA XAU Ticmill All Time Return: 427.1%
The current H4 candle will be bad news for bears. 3900+ in play...
Everyone can see the chart, but only a few can actually read it.
Quoting Pat Chiko
{quote} GU Scalping coming to end of the line. Lets wait for price to show the way for the next set up and FOMC News later. Trade Well and Safely Regards PAT {image}
GU

Arrived target.

Wait for next set up.

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Do not get emotional when you gain or lose.
Quoting Pat Chiko
{quote} GU Arrived target. Wait for next set up. {image}
Outstanding, as usual.
hawkish FOMC
next GBPUSD 1.36700
Like me, cuts losses quickly. But has more patience and lets his winn
Quoting M.Fadly
hawkish FOMC next GBPUSD 1.36700
There is no FOMC today...just the minutes from the last meeting...a non-event, like always.
Everyone can see the chart, but only a few can actually read it.
DX is dropping
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Add more sell @1.38400
Gatchu . Let it flow
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
Quoting corongumet
I hope it can help us i know volume in forex market its not real volume. But its can help us. yesterday daily candle close bellow monday open candle and volume was rising or better than monday. I think today bear could be take a control. {image}
See the Futures Volume (most liquid contract) on CME, the most real one imo
Quoting kris89
Add more sell @1.38400 Gatchu . Let it flow
Imo not good idea, because strong accumulation at GPBUSD + distribution at usdix. +there are zones that must be mitigated.
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gold behaving very nice
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My trade, today
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... now or never for the bears?
Intraday (mainly) swing scalper via a Supp/Res & Pa based edge
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