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Cable Update (GBPUSD)

  • #618,141
  • Aug 19, 2021 12:22pm Aug 19, 2021 12:22pm
Quoting Pat Chiko
{quote} Honestly, it's a skill. Not everyone can do it. I'm too slow for that, the speed is phenomenal. congrats . you're the best M1 Master. PAT
thank you I'm honored
who dares wins
mashFX DSRII Return This Year: na
  • #618,142
  • Aug 19, 2021 12:24pm Aug 19, 2021 12:24pm
Pat I also trade mostly from the 4 hour and daily. Which of the two charts do you favour in terms of reliability?
  • #618,143
  • Aug 19, 2021 12:27pm Aug 19, 2021 12:27pm
Quoting Houtbay
Pat I also trade mostly from the 4 hour and daily. Which of the two charts do you favour in terms of reliability?
Both are the same, as long as they can give me a sensible set up, I will go for it.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #618,144
  • Aug 19, 2021 12:27pm Aug 19, 2021 12:27pm
Quoting Mr.Burger
{quote} Coreg2004, so am I I'm not so sure to close on my long position, I'm still waiting for a clear direction 3700 is my critical point, whether this trend will continue or ending at today's low
Mr.Burger, point D is always counter-trend trade, so you need to decide how you will trade it in advance. Are you going to take partial profit at 50% of XD swing? are you going to enter on a retest? or you will wait for HH-HL? It comes down to how we manage the trade.
Always trade your own plan...I don't provide trading signals.
  • #618,145
  • Aug 19, 2021 12:27pm Aug 19, 2021 12:27pm
My improvement of the day, I should have enter little lower, that is how I could give more small stop and little bit big lot.
Any suggestions is welcome
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MA provides the market's current direction and strength.
  • #618,146
  • Aug 19, 2021 12:29pm Aug 19, 2021 12:29pm
Quoting Waveskierrob
{quote} I think this is the answer:- {image}
Can you stop posting please.

You have exceeded the number of haters today.

Do you know that you got 20 Dislikes (Thumb Down) today only.

Exceeding quota for dislike/hate.

If you get 25, FF will ban you for one week.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #618,147
  • Aug 19, 2021 12:32pm Aug 19, 2021 12:32pm
Quoting Pat Chiko
{quote} Can you stop posting please. You have exceeded the number of haters today. Do you know that you got 20 Dislikes (Thumb Down) today only. Exceeding quota for dislike/hate. If you get 25, FF will ban you for one week.
Best form of revenge is massive success
  • #618,148
  • Aug 19, 2021 12:32pm Aug 19, 2021 12:32pm
Today on the Gbpusd the daily line at levelX was a support line and the 4 hour line at the same levelX was a resistant line. In this case which signal do you favour or you just react to what presents at the line?
  • #618,149
  • Aug 19, 2021 12:39pm Aug 19, 2021 12:39pm
My trading has been a gradual journey of finding good , competent mentors. I don’t follo other peoples systems, I try to learn from their systems and create my own system. I have learnt from Prozor, Pockerchip and most recently Ron and the people on this cable site. I have my own system that I am now comfortable trading
  • #618,150
  • Aug 19, 2021 12:45pm Aug 19, 2021 12:45pm
Quoting hasib
My improvement of the day, I should have enter little lower, that is how I could give more small stop and little bit big lot. Any suggestions is welcome {image}
hey looks like you got in down at the bottom. nice job! I bought this thing at the top and trying to trade it out.
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who dares wins
mashFX DSRII Return This Year: na
  • #618,151
  • Aug 19, 2021 12:45pm Aug 19, 2021 12:45pm
Quoting mashfx
I position trade on m1 charts
mashfx if U30 closes below 34800 this week i am afraid chances are it may continue much lower next week.
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Trend_Masters
  • #618,152
  • Aug 19, 2021 12:49pm Aug 19, 2021 12:49pm
Quoting Houtbay
Today on the Gbpusd the daily line at levelX was a support line and the 4 hour line at the same levelX was a resistant line. In this case which signal do you favour or you just react to what presents at the line?
A lot of post in this thread, mostly are rubbish especially from me and Waveskierrob.

If you're serious on how to trade successfully, read Techanalyst's post

Cable set up Swing

Cable Swing 2

Cable Swing 3

He didn't say much, but his chart is valuable.

Regards

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #618,153
  • Aug 19, 2021 12:51pm Aug 19, 2021 12:51pm
Quoting kerndc
{quote} mashfx if U30 closes below 34800 this week i am afraid chances are it may continue much lower next week. {image}
OK thank you. today's D1 looking good if situation changes I'll hedge
who dares wins
mashFX DSRII Return This Year: na
  • #618,154
  • Aug 19, 2021 12:52pm Aug 19, 2021 12:52pm
Does anyone else think cable will drop below 1.3600 to end the week? if not or yes, tell me why....
  • #618,155
  • Aug 19, 2021 12:52pm Aug 19, 2021 12:52pm
Quoting Pat Chiko
{quote} A lot of post in this thread, mostly are rubbish especially from me and Waveskierrob. If you're serious on how to trade successfully, read Techanalyst's post Cable set up Swing Cable Swing 2 Cable Swing 3 He didn't say much, but his chart is valuable. Regards...
Attached Image
  • #618,156
  • Aug 19, 2021 12:55pm Aug 19, 2021 12:55pm
Quoting Waveskierrob
{quote} {image}
Revenge unfold

P/S Many post you got TWO haters...
Ha ha ha... What the heck man, where did that comes from ?
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #618,157
  • Aug 19, 2021 12:57pm Aug 19, 2021 12:57pm
Quoting Houtbay
Today on the Gbpusd the daily line at levelX was a support line and the 4 hour line at the same levelX was a resistant line. In this case which signal do you favour or you just react to what presents at the line?

Good question.

you have to consider the environment. GBPUSD at current levels does not reflect its true intrinsic value. the environmental factors at the moment are causing USD to be strong across all pairs. So the theme of strong $ environment would have more chances of success. Hence the 4H is the preferred in that case. If you environment was opposite to the current that is a weak $ the Daily support would be the choice.

you could also move down to lower time frames and observe the price action for confirmation.

Regardless of the current dominant evironmental factors driving markets.. It is the price you are trading that will determine which direction it goes. This implies you have to be really good at reading the price on all time frames....

Good luck.
Trend_Masters
  • #618,158
  • Aug 19, 2021 12:58pm Aug 19, 2021 12:58pm
Quoting Pat Chiko
{quote} A lot of post in this thread, mostly are rubbish especially from me and Waveskierrob. If you're serious on how to trade successfully, read Techanalyst's post Cable set up Swing Cable Swing 2 Cable Swing 3 He didn't say much, but his chart is valuable. Regards...
well, I beg to differ IMO he and other two stooges (herethere,nordling something) post well known facts that are common sense act like know-it-all gurus without any trackrecords. IOH I learn things from you two still use your shared indicators
who dares wins
mashFX DSRII Return This Year: na
  • #618,159
  • Aug 19, 2021 1:01pm Aug 19, 2021 1:01pm
Quoting Pat Chiko
{quote} Hell man, how di you managed to get more dislikes ( thumb down) more than me ?. I notice that, I'm getting less thumb down this week. Shoot. You're pinching my haters ???? Very unethical. PAT
why hate? for what?
  • #618,160
  • Aug 19, 2021 1:02pm Aug 19, 2021 1:02pm
Quoting jfootballer
Does anyone else think cable will drop below 1.3600 to end the week? if not or yes, tell me why....
Do you know that this Thread is voted the best in FF as most liked everyday ?

In here, we don't work like telling others how to trade.

You've to put up your trade ideas, analysis and description a bit, share with us.

You will get comments from others ( good or bad) and this way you will see how to trade it in more safe and profitable ways.

If you ask others to feed you signal, regrt to inform you , nobody will do it.

Post your chart and analysis, we work out from there.

Best Regrds

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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