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Cable Update (GBP/USD) without Idiots 23 replies

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Cable Update (GBPUSD)

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follow up from this mornings chart
Quoting Luke97
since gu and gj are positively colerated here's a h&s on gj. Sell on touch of neckline {image}
mmm they could be wrong
  •  W0lfram
  • Joined Dec 2020 | Status: Crossed over into the Twilight Zone | 1,304 Posts | Online Now
Quoting Luke97
since gu and gj are positively colerated here's a h&s on gj. Sell on touch of neckline {image}
Doesn't this 'pattern' suggest a buy? Or is it so bad that it is better to use it the other way around?
Fade to black
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H/S
Quoting Nordling00
Going to close my GU sells tonight, at the Wall Street closing. It's been a great bearish rally for a month I will post my chart when i took the profits, just before the WS closing
Closed my GU sells in 250 pips profit

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TRACK RECORD: https://l24.im/AFm9qY
Quoting W0lfram
{quote} Doesn't this 'pattern' suggest a buy? Or is it so bad that it is better to use it the other way around?
Inverted head and shoulders. It formed previously. lets see how valid this one is. According to me Iwill look for sell at the neckline
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Quoting elbert3
{quote} mmm they could be wrong
They move mostly to the same direction only that one can make a bigger move than the other. When you identify a familiar pattern on one you dont blindly trade the other on the same direction but you observe the pattern the other pair has formed. It works for me almost all the time. Trade what you see....these are just my thoughts.
Quoting Luke97
{quote} They move mostly to the same direction only that one can make a bigger move than the other. When you identify a familiar pattern on one you dont blindly trade the other on the same direction but you observe the pattern the other pair has formed. It works for me almost all the time. Trade what you see....these are just my thoughts.
Yes your right in that thinking ,,we are in the middle ground at tis time ,,looking a a move out look you can see ema spreading wide ,, normally means price starts to move opening in the trend direction
..regards
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[quote=Wavegarrick;13683356]{quote} I like to trade with different currency pairs which I don't share here, I was hoping for this to be a focused forum on GU and the dollar or pound index. but am afraid it ain't gonna be the case. I leave it at that.

Fair point
Big demand area below
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Good Vibes - In charts we trust
Pulchra All Time Return: -88.4%
Seem the area 1.36700 will be test first.
SL hitted last night haha
2 times hitted . Low risk RR
Will see if these level of 1.36700 hold
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
Quoting Wavegarrick
{quote} Trading is what it is from a higher time frame perspective and when lined up with smaller t/frames it can become powerful. I like to trade with different currency pairs which I don't share here, but when I see the basics from highly respected traders here being omitted, I get very worried for prospective newbie followers. I once again ask all prospective followers here not to follow blindly with haphazard currency forecasts/predictions on other pairs. I was hoping for this to be a focused forum on GU and the dollar or pound index....
"I was hoping for this to be a focused forum on GU and the dollar or pound index".

It is, but it never hurts too eyeball or keep in perspective how other related pairs are performing, dix appreciation doesn't always show in some pairs even when the respective pair partner is flat
Perhaps you should open a "Cable Only" thread
If you are new to Forex? Say Goodbye to your account!!
GU

Different Broker Account

Method : Medium Term Scalping using Weekly/H4 TF only.

Trading Strategy : Price Swing area with Support & Resistance Zone. (Reversal/Continuation).

Duration of trade : One day to One Week.

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I come from the future.
Quoting KiwiTrada
{quote} no worries, many dont, copper also has daily H&S pattern, I shorted the 1st bo south, Im thinking she is now undergoing retest of neckline, H&S target is pretty impressive, against trend as all H&S are but covid has strongly effected the demand especially industrial, another large user is electrical and jewelry industries again effected, worth an eyeball but she is hard to trade, and only bigger timeframes with bigger rr targets really pay {image}
waiting for bo south?? to finish the week :-)
If you are new to Forex? Say Goodbye to your account!!
bears trap
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Quoting Pat Chiko
{quote} Trade Strategy Glad you're enjoying my trade. All my trade are scalping only using H4 or Daily TF to find high probability set up. I don't know how to use indicator. The only tool , to find set up is Support & Resistance and Price Action. This is my life trade in Gold ( yes I do trade gold, but never posted here). The set up based on H4 Scalping using S&R (SRF break out/retest). Observe , the price action came just before the news. Hope this simplify my trading strategy and may be able to assist in your trade. Wait for the set up to complete...

Thanks Pat Chiko for you kind knowledge.
May I know where will you post for Gold trading?

Once again, thanks.
Quoting Pat Chiko
{quote} Here you go Ricky NOTE : Indicator #1 Trade Level have two version - black goes to dark back ground chart, and white to light background chart. choose one. Enjoy it. PAT P/S ricky , kau dah cucuk ke belum ? Sinovac ke Pfizer ? {file}{file}{file}{file}{file}{file}
Salam Pat Chiko,

hi friend, i try install your indicator but not appear on my mt4 screen
Quoting Moty
bears trap {image}
Seriously.
Quoting Moty
bears trap {image}
to me, it is resuming down trend.

Look to short after London open or NY open.
Intraday only.
today is retrace day so it will go long to anticipate bearis trend for next week
Using Chaos to Finding Order
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