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Cable Update (GBPUSD)

  • #607,641
  • Jul 7, 2021 7:56am Jul 7, 2021 7:56am
Quoting corongumet
{quote} 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.
Although I base setups on higher TF I tend to use volume most on m1 and m5 as I’m waiting for strong directional candles with higher than average volume for entry once I’ve reached some idea on what I think might happen. As volume varies from session to session I tend not to use it above H4 however I do compare the average session volume as a whole to the previous session volume to reach some idea of whether the current session is low, average, or high compared with previous sessions. Mostly I am looking at volume within the session though. Particularly when there is a mismatch between price action and volume, or a large change in volume.

large change in volume = adds confidence to short
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  • #607,642
  • Jul 7, 2021 7:58am Jul 7, 2021 7:58am
TP at 13818. Thing was getting to close to SL
Insane in the Brain..
  • #607,643
  • Jul 7, 2021 7:59am Jul 7, 2021 7:59am
Quoting OnlineAddict
The current H4 candle will be bad news for bears. 3900+ in play...
But it looks bearish candle now
  • #607,644
  • Jul 7, 2021 8:00am Jul 7, 2021 8:00am
Quoting Pat Chiko
GU Ranging Stand down Trapping buyer and seller for the next set up. Most probably if England win tonight GBP will rise, otherwise, it will slump. Wait for Euro 2020 result then. {image}
Come on Denmark
  • #607,645
  • Jul 7, 2021 8:00am Jul 7, 2021 8:00am
Short at 13820 TP 138
Insane in the Brain..
  • #607,646
  • Jul 7, 2021 8:05am Jul 7, 2021 8:05am
Quoting mikiki
{quote} Imo not good idea, because strong accumulation at GPBUSD + distribution at usdix. +there are zones that must be mitigated. {image} {image}
Ive my POV as well. There is many things i compare before enter that sell.
Combine it and found out something interesting. So im in sell for now until any sign that make my mind change

P.S : Check the Daily Weekly and Monthly maybe you will see it also
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #607,647
  • Jul 7, 2021 8:10am Jul 7, 2021 8:10am
Scalped off 15 pips on the way down too-- watching around 1.38 for a possible turnaround, will look for a reversal pattern
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  • #607,648
  • Jul 7, 2021 8:13am Jul 7, 2021 8:13am
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yes yes yes
  • #607,649
  • Jul 7, 2021 8:13am Jul 7, 2021 8:13am
i think...the price calling the buyers now
Everything is possible but not guaranteed
  • #607,650
  • Jul 7, 2021 8:16am Jul 7, 2021 8:16am
Maheeee's back, what's your prediction Maheeee on tonight's England Denmark game
  • #607,651
  • Jul 7, 2021 8:17am Jul 7, 2021 8:17am
Not working out..

tp taken back to long. Looks like it’s take a few pips here and there
Insane in the Brain..
  • #607,652
  • Jul 7, 2021 8:19am Jul 7, 2021 8:19am
Quoting Moty
{image}
Why you not take profit moty?
and now they turn into red again
  • #607,653
  • Jul 7, 2021 8:25am Jul 7, 2021 8:25am
Quoting Kimoo
{quote} Why you not take profit moty? and now they turn into red again
i think moty just booked one way ticket only...
Everything is possible but not guaranteed
  • #607,654
  • Jul 7, 2021 8:25am Jul 7, 2021 8:25am
GU

Thinking of going to the moon tonight

England 5 vs Denmark 1

GBP will rise.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #607,655
  • Jul 7, 2021 8:28am Jul 7, 2021 8:28am
Quoting Bainbrito
{quote} Although I base setups on higher TF I tend to use volume most on m1 and m5 as I’m waiting for strong directional candles with higher than average volume for entry once I’ve reached some idea on what I think might happen. As volume varies from session to session I tend not to use it above H4 however I do compare the average session volume as a whole to the previous session volume to reach some idea of whether the current session is low, average, or high compared with previous sessions. Mostly I am looking at volume within the session though....
Yeah its good. Because i have different trading style. I use elliot wave for EU and GU i use daily range strategies. Good luck.

But thanks for your information
  • #607,656
  • Jul 7, 2021 8:29am Jul 7, 2021 8:29am
Quoting mysterio
Scalped off 15 pips on the way down too-- watching around 1.38 for a possible turnaround, will look for a reversal pattern {image}
Looks like another ABCD move to me with the straight line moves. Sorry busy chart lol https://www.tradingview.com/x/uC25R8o6/

Takes me nicely between demand and supply

Edit- in Long where indicated target 1.3865
  • #607,657
  • Jul 7, 2021 8:30am Jul 7, 2021 8:30am
Quoting Passenger12
{quote} i think moty just booked one way ticket only...
Only to the moon with multiple roket
  • #607,658
  • Jul 7, 2021 8:32am Jul 7, 2021 8:32am
In my view today mybe back to earth again 1.3750-60
  • #607,659
  • Jul 7, 2021 8:35am Jul 7, 2021 8:35am
Quoting mysterio
{quote} Exactly!
hello guys
am new to forex also here.
i need help on when to enter market
  • #607,660
  • Jul 7, 2021 8:36am Jul 7, 2021 8:36am
perfect
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yes yes yes
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