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Cable Update (GBPUSD)

  • #612,761
  • Jul 28, 2021 7:49pm Jul 28, 2021 7:49pm
Quoting navk
shorting now at 3925. stop 7 pips
good trade, daily TL
quarter RN.
  • #612,762
  • Jul 28, 2021 7:59pm Jul 28, 2021 7:59pm
highway to hell.. yes i am riding it.. looking for Mr. Lee... can he show up?
Attached Image (click to enlarge)
Click to Enlarge Name: b4d920f30e68e13c495f2c222bbb76c2.png Size: 59 KB
  • #612,763
  • Jul 28, 2021 8:02pm Jul 28, 2021 8:02pm
Quoting Techanalyst
{quote} For now temporarily, USD is strong. CAD appears to getting better but in reality it is not. I agree with you 100% the crash is coming in USA and Canada. Once that happens it will affect the rest of the world. Everyone will feel it. It is estimated that real estate prices in Canada will drop by at least 30% next year in 2022. The prices here are crazy. There is a house worth like $700,000 and people are betting and giving 900,000 or a million. But I do not feel sorry for people like that, because how can someone be so stupid to offer 70,000...
You are smart to hold on to your home. We are doing the same.
Learn from your mistakes and march on.
  • #612,764
  • Jul 28, 2021 8:03pm Jul 28, 2021 8:03pm
Quoting gatenio
{quote} good trade, daily TL quarter RN.
I expect this to be hourly resistance.

Then I expect this price to be 4hr resistance for the price to go down below daily pivot.

For today only.

Anything above 3932. i am not shorting.

No more trade today.
Intraday only.
  • #612,765
  • Jul 28, 2021 8:07pm Jul 28, 2021 8:07pm
Quoting navk
{quote} I expect this to be hourly resistance. Then I expect this price to be 4hr resistance for the price to go down below daily pivot. For today only. Anything above 3932. i am not shorting. No more trade today.
H4 close above the 3932 ill not shorting for sure also

im watching 1.39500 area to spike in , just for before 4H close

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 109 KB
Channel
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #612,766
  • Jul 28, 2021 8:16pm Jul 28, 2021 8:16pm
Quoting navk
{quote} I expect this to be hourly resistance. Then I expect this price to be 4hr resistance for the price to go down below daily pivot. For today only. Anything above 3932. i am not shorting. No more trade today.
im not expecting nothing from GU atm.
as i said, when price is deviates from my TA couple days in a row for me its danger.
i let it run for new daily pattern without my money.
Let see where the week/month will end, maybe i will change my mind on Monday.

Hope you will bang it, we all know what could happen when dollar decide to raise his head.
waiting.
  • #612,767
  • Jul 28, 2021 8:24pm Jul 28, 2021 8:24pm
Quoting gatenio
{quote} im not expecting nothing from GU atm. as i said, when price is deviates from my TA couple days in a row for me its danger. i let it run for new daily pattern without my money. Let see where the week/month will end, maybe i will change my mind on Monday. Hope you will bang it, we all know what could happen when dollar decide to raise his head. waiting.
Unless daily close is not below daily open, the daily candle is not bearish.

Even today also, I am just expecting a retrace only below 3932.
Intraday only.
  • #612,768
  • Jul 28, 2021 8:33pm Jul 28, 2021 8:33pm
Quoting navk
{quote} Unless daily close is not below daily open, the daily candle is not bearish. Even today also, I am just expecting a retrace only below 3932.
current daily close and current daily open?
sorry i dont understand the first sentence
  • #612,769
  • Jul 28, 2021 9:06pm Jul 28, 2021 9:06pm
Quoting gatenio
{quote} current daily close and current daily open? sorry i dont understand the first sentence
maybe he mean yesterday daily open ?
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #612,770
  • Jul 28, 2021 9:09pm Jul 28, 2021 9:09pm
Quoting gatenio
{quote} current daily close and current daily open? sorry i dont understand the first sentence
EXAMPLE :

Day 5 to day 19 making seris of bullish daily candles.

THEN :


Day 20 candle open ( for eaxample ) 1.3900.

Day 20 high : 1.3975.

Day 20 low : 1.3860

Day 20 close : 1.3880.

Bearish candle.

Then you look for selling opportunity.
Intraday only.
  • #612,771
  • Jul 28, 2021 9:18pm Jul 28, 2021 9:18pm
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 99 KB
Here my Opinion , Price Almost Reach Top channel ( Limited Move thats why price compressed )

If Price Keep Above 1.39000 , price will climb slowly and modest .
if price manage to keep below 1.39000 , we can look for the retest of below Channel / BO - RT
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #612,772
  • Jul 28, 2021 9:23pm Jul 28, 2021 9:23pm
Quoting kris89
{image}Here my Opinion , Price Almost Reach Top channel ( Limited Move thats why price compressed ) If Price Keep Above 1.39000 , price will climb slowly and modest . if price manage to keep below 1.39000 , we can look for the retest of below Channel / BO - RT
WHAT is the name of the channel indicator
Intraday only.
  • #612,773
  • Jul 28, 2021 9:48pm Jul 28, 2021 9:48pm
Quoting coreg2004
{quote} hi elbert and everyone, many traders have the same zones on their charts as i do, so i don't want to be a "johny come late" guy. Here is what i expect next according to my method of ta. Greetings. {image}
long time grate trader
MY OPINION NOT FINANCIAL ADVISE
  • #612,774
  • Jul 28, 2021 9:51pm Jul 28, 2021 9:51pm
Quoting navk
{quote} WHAT is the name of the channel indicator
its just a parallel channel
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #612,775
  • Jul 28, 2021 10:16pm Jul 28, 2021 10:16pm
Quoting kris89
{quote} its just a parallel channel
Donchian channel will be useful
Intraday only.
  • #612,776
  • Jul 28, 2021 10:34pm Jul 28, 2021 10:34pm
Quoting kk300
highway to hell.. yes i am riding it.. looking for Mr. Lee... can he show up? {image}
Closed all ... sold at 3937... with 20 pip sl..
  • #612,777
  • Jul 28, 2021 10:41pm Jul 28, 2021 10:41pm
new short trades from 3934 to 3958.

Stop above 3960
Intraday only.
  • #612,778
  • Jul 28, 2021 10:43pm Jul 28, 2021 10:43pm
looks like bulls made a lot of money here
  • #612,779
  • Jul 28, 2021 10:43pm Jul 28, 2021 10:43pm
Quoting Pat Chiko
Gimme one spike. {image}

TERBAIK

Learn a lot from your charts, please keep updating.
Simplicity Is The Ultimate Sophistication ~LDV~
  • #612,780
  • Jul 28, 2021 10:46pm Jul 28, 2021 10:46pm
Quoting W0lfram
Had a conversation with fellow reptilians (neighbors across the street). They told me that bears haven't sponsored the movement to 1.39+ yet. 1.373 - 1.37 is likely first. But this lizard people are so sneaky sometimes, not sure should if I should trust them this time. {image} If they told the truth, I will treat them with a basket of moths and flies. Or human babies. Does anyone know what they eat?
Here it is. Trapped bears, including myself, sponsoring this rally. Although the original plan was to sell around 1.396
Good reptilians.
Air force
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