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Cable Update (GBPUSD)

  • #630,761
  • Oct 14, 2021 2:49am Oct 14, 2021 2:49am
Quoting W0lfram
{quote} Interesting. Collecting a bunch of candles data and process it as follows r = High - Low x = (Open - Low)/r y = (Close - Low)/r Then plotting (x, y) one can get this{image}Does it looks like something Gannish?
The grid is 100% Gann, not sure about the calculations tho... I’m curious to see if today’s 1.369-1.37 will prove the theory... 1.3688 at the time of typing, dropping slightly
Did you place your stop loss order? Why not?!? Story of my life...
  • #630,762
  • Oct 14, 2021 2:50am Oct 14, 2021 2:50am
Quoting mysterio
Might be wrong but i'm in short from RN Trading against PAT again, damnit I lock in at BE ASAP. {image}
I thought the same lol...
Did you place your stop loss order? Why not?!? Story of my life...
  • #630,763
  • Oct 14, 2021 2:51am Oct 14, 2021 2:51am
Quoting Theoak
Looking for retrace to enter this bull train. easy target would be 1.37
Long 1.3689
Don't trade what you think. Just what you see!!!
  • #630,764
  • Oct 14, 2021 2:57am Oct 14, 2021 2:57am
G/M, upside follow thru on y/day's dly bullish thrust engulfing candle so far today. started in late Asian session and into early London. 50% of the longer-term move 3983-3411 @ the current dly/wkly hi as well as underside of a former 4hr/dly asc t/line...supply there it seems.

Some fibs (always,) then that prev 4hr/dly sw hi x 2 zone 3714-28 with wkly R2 near top of it is next real potential upside obstacle on that t/f for the bulls. This is coexistant with a prev 4hr/dly sw lo zone = prev supp = pot sbr where it encountered supply to form that prev swing hi and this likely extends to circa 3756. Ahead of that 3722 is dly R2. Dly t/f will have a HH now when it forms fractally after the 2 x HL's.

A bullish upside b/o of the recent 1hr/4hr consolidation.

4hr below.
Attached Image (click to enlarge)
Click to Enlarge Name: 9c099ec7a4494f822924f95a30ce4fdb.png Size: 87 KB
Trader with an Edge.
  • #630,765
  • Oct 14, 2021 2:57am Oct 14, 2021 2:57am
d higher d better 4 both
not euphoria follower
  • #630,766
  • Oct 14, 2021 2:58am Oct 14, 2021 2:58am
Quoting mysterio
Might be wrong but i'm in short from RN Trading against PAT again, damnit I lock in at BE ASAP. Might be bull all day, IDK If wrong I short slightly higher {image}
Whatever you do, don't be short when NY comes online. They bought hard on a Wednesday and it is almost guaranteed they will buy today. If something or some news makes them not to buy today then Friday it will happen. They never buy on a Wednesday just to maintain the same high. London may make some retrace, hopefully, and then NY will most likely fly it up.
  • #630,767
  • Oct 14, 2021 2:59am Oct 14, 2021 2:59am
Haaa what did I say yesterday. Cable was still bullish, it hit my target @ 1.3700. I said if breaks 1.3650-1.3660 he was going to move north of those prices.
  • #630,768
  • Oct 14, 2021 3:01am Oct 14, 2021 3:01am
Long fellas ... and long DOW and Gold ... ups

God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #630,769
  • Oct 14, 2021 3:04am Oct 14, 2021 3:04am
Quoting Yngwie
3.7 come on
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #630,770
  • Oct 14, 2021 3:05am Oct 14, 2021 3:05am
Quoting Mitiblotch
{quote} Whatever you do, don't be short when NY comes online. They bought hard on a Wednesday and it is almost guaranteed they will buy today. If something or some news makes them not to buy today then Friday it will happen. They never buy on a Wednesday just to maintain the same high. London may make some retrace, hopefully, and then NY will most likely fly it up.
Also today's pivot is 3634. It is currently missed. And two things happen when a pivot isn't touched:

1. Either that day price will continue to push up hard
2. Price later comes back to it.

I vote for the first option. I am not in a trade, though. So this isn't a trading advice.
  • #630,771
  • Oct 14, 2021 3:06am Oct 14, 2021 3:06am
Gold trend is up
  • #630,772
  • Oct 14, 2021 3:07am Oct 14, 2021 3:07am
... dly chart below shows the 2 x HL's (3544 & 3568-current wkly lo) on dly and what will be a HH at the current dly/wkly hi or higher, after the H @ 3674.

dly below.
Attached Image (click to enlarge)
Click to Enlarge Name: 0b603bdaf6bc3030e650737ecd74d7ea.png Size: 45 KB
Trader with an Edge.
  • #630,773
  • Oct 14, 2021 3:09am Oct 14, 2021 3:09am
Quoting duve
Cable has shown me it's still bullish. Until further notice remains on the side of the bulls. It looks like it wants to pullback one more time before it breakout to the upside to see 1.3650. Happy Trading
🕵
  • #630,774
  • Oct 14, 2021 3:11am Oct 14, 2021 3:11am
Quoting Mitiblotch
{quote} Also today's pivot is 3634. It is currently missed. And two things happen when a pivot isn't touched: 1. Either that day price will continue to push up hard 2. Price later comes back to it. I vote for the first option. I am not in a trade, though. So this isn't a trading advice.
IMHO you are wasting your time here. You have great ideas. They won't understand it. Thanks.
  • #630,775
  • Oct 14, 2021 3:11am Oct 14, 2021 3:11am
Inserted Video
  • #630,776
  • Oct 14, 2021 3:14am Oct 14, 2021 3:14am
Attached Image (click to enlarge)
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  • #630,777
  • Oct 14, 2021 3:15am Oct 14, 2021 3:15am
Quoting LvMMT
Long fellas ... and long DOW and Gold ... ups God bless everyone!
Gold sl touched in positive

God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #630,778
  • Oct 14, 2021 3:15am Oct 14, 2021 3:15am
Usdjpy trend currently down
  • #630,779
  • Oct 14, 2021 3:16am Oct 14, 2021 3:16am
Damn 137 is escaping
Insane in the Brain..
  • #630,780
  • Oct 14, 2021 3:17am Oct 14, 2021 3:17am
Quoting mysterio
Might be wrong but i'm in short from RN Trading against PAT again, damnit I lock in at BE ASAP. Might be bull all day, IDK If wrong I short slightly higher {image}
Art Of War analogy by Sun Tzu

It's race to the hill
Seven days war won by the bull. (daily consolidation)
They're going for the next hill
Attached Image (click to enlarge)
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I come from the future.
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