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Cable Update (GBPUSD)

  • #628,501
  • Oct 6, 2021 8:27am Oct 6, 2021 8:27am
can we get this price to 1.36032 ? if this rbs is violated then we are going down....
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  • #628,502
  • Oct 6, 2021 8:28am Oct 6, 2021 8:28am
Quoting MTF Test
Is this a valid divergence. Like to hear from you guys who use divergence to trade coz, I am not familiar and trying to learn. {image}
Higher price making lower oscillator reading is negative divergence.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #628,503
  • Oct 6, 2021 8:37am Oct 6, 2021 8:37am
Quoting MTF Test
Is this a valid divergence. Like to hear from you guys who use divergence to trade coz, I am not familiar and trying to learn. {image}

its hidden bullish div with over sold

maybe a push to 13625

still very confuse with this PA until after the NFP
nothing is working on my end
MY OPINION NOT FINANCIAL ADVISE
  • #628,504
  • Oct 6, 2021 8:42am Oct 6, 2021 8:42am
below 3589, sell only tomorrow.

To me.
Intraday only.
  • #628,505
  • Oct 6, 2021 8:48am Oct 6, 2021 8:48am
Quoting navk
below 3589, sell only tomorrow. To me.

but when u see buy in asia you will ignore?
MY OPINION NOT FINANCIAL ADVISE
  • #628,506
  • Oct 6, 2021 8:54am Oct 6, 2021 8:54am
Quoting donfriday
{quote} but when u see buy in asia you will ignore?
I will not.

That is easy money.
Intraday only.
  • #628,507
  • Oct 6, 2021 9:05am Oct 6, 2021 9:05am
checking the index numbers RSI give for each candle, the drop london open seem very low and caution not to sell

thats we keep having buy at 13550 the bullish candle at that area as more index number than the down candles


compare both chart RSI numbers
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MY OPINION NOT FINANCIAL ADVISE
  • #628,508
  • Oct 6, 2021 9:07am Oct 6, 2021 9:07am
Quoting donfriday
{quote} its hidden bullish div with over sold maybe a push to 13625 still very confuse with this PA until after the NFP nothing is working on my end
I stand corrected:

Hidden bullish divergence happens when the price is making a higher low (HL), but the oscillator is showing a lower low (LL).

The only mistake is to not acknowledge a mistake.

Thanks, Mate. Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #628,509
  • Oct 6, 2021 9:15am Oct 6, 2021 9:15am
Slow week for me as i've been busy with other staffs

Remember it's nfp week, so trade safely
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  • #628,510
  • Oct 6, 2021 9:39am Oct 6, 2021 9:39am
GU bullish harami in uptrend channel. Bulls are gathering strength.
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Did you place your stop loss order? Why not?!? Story of my life...
  • #628,511
  • Oct 6, 2021 9:42am Oct 6, 2021 9:42am
Quoting Pat Chiko
{quote} BTC scalping to taget Traded with high margin. Target {image}
Well done Pat, excellent profits!
  • #628,512
  • Oct 6, 2021 9:44am Oct 6, 2021 9:44am
When there is no setup according to your rules:

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Markets will move to the right.
  • #628,513
  • Oct 6, 2021 9:44am Oct 6, 2021 9:44am
Quoting donfriday
{quote} its hidden bullish div with over sold maybe a push to 13625 still very confuse with this PA until after the NFP nothing is working on my end
if it is valid, and it look like it valid, 1.3677 and even 1.371.. and it make sense as long price reject this area with all the momentum.

i will stuck long after 00:00, triple swap.

@ilhas your lucky day, not 100, only 75
  • #628,514
  • Oct 6, 2021 9:50am Oct 6, 2021 9:50am
don't tell the market where it want to go mf
let him tell you
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yes yes yes
  • #628,515
  • Oct 6, 2021 9:51am Oct 6, 2021 9:51am
Quoting kk300
{quote} Hi all.. reloaded.. {image}
Closed this one in 25+... and re entered short.. I think the break of low will be sneaky this time... in or just before asian session..
  • #628,516
  • Oct 6, 2021 9:58am Oct 6, 2021 9:58am
4 SHORTS still open +120 pips at the mo going to let it ride
  • #628,517
  • Oct 6, 2021 10:03am Oct 6, 2021 10:03am
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yes yes yes
  • #628,518
  • Oct 6, 2021 10:08am Oct 6, 2021 10:08am
Gbp crashed today, tp1 hit on position opened 2 days ago at 1.3560, didnt quite reached 2nd tp 1.3540, due to changed S levels and spread. Closed manually a bit higher.
Opened a few new sells, expecting to close around 1.35.
Might consider longing on Friday.

China in trouble, now compared to Lehman Brothers crash. Alibaba is still under radar, will wait fir lower entry ~10k?
Had a nice NZDUSD trade last night.
  • #628,519
  • Oct 6, 2021 10:15am Oct 6, 2021 10:15am
Quoting Pat Chiko
{quote} GU Update on scalping position May have to take out some approaching NYO to ptoect capital {image} NOTES Honestly. It is easier to analse and traded BTC currenly. Less manipulative moves and dead accurcy. Still hold small scalping positkon in BTC
Funny you should say that I'm doing better with Indices and cable taking a back seat, may fade out forex all together
  • #628,520
  • Oct 6, 2021 10:18am Oct 6, 2021 10:18am
will we see 1.34 tomorrow?
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