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Cable Update (GBPUSD)

  • #630,861
  • Oct 14, 2021 5:04am Oct 14, 2021 5:04am
this year GJ have not move like 500- 1000 pips in a month very unusual because historically Gj does that maybe most years which i have witness in years of trading.



i am waiting and ready for the crash


i am sorry if u feel this guy is crazy but that historical trend of GJ
MY OPINION NOT FINANCIAL ADVISE
  • #630,862
  • Oct 14, 2021 5:06am Oct 14, 2021 5:06am
Quoting kk300
If not today.. than tomorrow... if not tomorrow than friday... my system is telling me to buy the heck out of it till 3755... hoping it to be right..
hi all.. hope every one is doing great.. ignore the colors.. will close soon.. 727 might give a minor pull back and than up again.. till 755
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  • #630,863
  • Oct 14, 2021 5:07am Oct 14, 2021 5:07am
Quoting Nordling00
No worries, she will come down https://think.ing.com/articles/uk-ra...arkets-expect/
Evet kochum, bugun start vericem
  • #630,864
  • Oct 14, 2021 5:08am Oct 14, 2021 5:08am
Quoting Bones
{quote} there not different to anyones (GMT+1 h4) {image}
ok thanks... i was wondering if we can custom change the 4H period to have a different set of candles to sort out noise..
  • #630,865
  • Oct 14, 2021 5:09am Oct 14, 2021 5:09am
Quoting Nordling00
No worries, she will come down https://think.ing.com/articles/uk-ra...arkets-expect/
Thanks
Air force
  • #630,866
  • Oct 14, 2021 5:09am Oct 14, 2021 5:09am
... despite what will be a HH after the 2 x HL's on dly, there is some bearish hidden div developing which may hold good so long as price stays below 3912, but in terms of where it develops @, ie a HH or above - this isn't optimum on the 'trigger' t/f even if it corresponds to a potential LH on the next higher t/f - the wkly, into whose general downtrend you might be seeking an entry, after such a pullback. This doesn't mean price won't drop, just that it is less probable that we will see a with-trend (wkly down-trend) follow thru to a new trend lo below 3411. This rule holds good across any t/f combo.
Trader with an Edge.
  • #630,867
  • Oct 14, 2021 5:10am Oct 14, 2021 5:10am
Quoting Ihlas
{quote} Evet kochum, bugun start vericem
Hızlı ol kral, zarar etmeyelim
You have to have an IQ higher than 90 to interact with this user.
  • #630,868
  • Oct 14, 2021 5:12am Oct 14, 2021 5:12am
Quoting W0lfram
{quote} Thanks
You are welcome, ING posts great articles. I highly suggest it
You have to have an IQ higher than 90 to interact with this user.
  • #630,869
  • Oct 14, 2021 5:12am Oct 14, 2021 5:12am
Quoting helioss
Bulls are taking strength, Volume Push Up {image}
I have differing view on this
For sake of discussion

When price in the state of high Volatiliy ( we're in now) the liqjidity is low. This is imbalance

When price is in low volatiliy (consolidation or pull back) it is where high liquidity precense

About volume. Im not sure how they measure it in forex
If volitility and luquidity it's allthere in the chart with some PA basic reading skill. You will be able to see it all there in naked chart

Im open for any new knowledge about volume

Warm regards PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #630,870
  • Oct 14, 2021 5:14am Oct 14, 2021 5:14am
Quoting LvMMT
{quote} Closed all ... Waiting...

Attached Image

I changed my mind...

Long Cable Long DOW Long Gold...



God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #630,871
  • Oct 14, 2021 5:14am Oct 14, 2021 5:14am
Quoting Nordling00
{quote} Hızlı ol kral, zarar etmeyelim
Bu ish bende
  • #630,872
  • Oct 14, 2021 5:15am Oct 14, 2021 5:15am
Quoting Pat Chiko
{quote} I have differing view on this For sake of discussion When price in the state of high Volatiliy ( we're in now) the liqjidity is low. This is imbalance When price is in low volatiliy (consolidation or pull back) it is where high liquidity precense About volume. Im not sure how they measure it in forex If volitility and luquidity. It is there with PA on the chart Im open for any new knowledge about volume Warm regards PAT
Mr. PAT,
What book would you recommend on Price Action...
I want to be acquainted with these Forex terminologies! Because I have a dream....

Thank you
My telegram: https://t.me/avidforex
  • #630,873
  • Oct 14, 2021 5:16am Oct 14, 2021 5:16am
Sold at R2, fingers crossed for a retrace. I am expecting a 30pip retrace
  • #630,874
  • Oct 14, 2021 5:18am Oct 14, 2021 5:18am
... price @ the current dly/wkly hi reached 38.2% of the current yrly hi-lo, 4249-3411 in the dly part of that prev 4hr/dly sw lo then hi zone to 3756.
Trader with an Edge.
  • #630,875
  • Oct 14, 2021 5:20am Oct 14, 2021 5:20am
Quoting kris89
{quote} my spidey sense the outrage move will come , just be patient and hold on above surfing peak , green pip will come , with low risky 20 pip worth the reward 2 Position Sell Left for these trade @1.37200 @1.37100 SL 1.37400 TP open Free / until its showing no mercy to breach upper again will manually close
almost getting hit my SL , xD
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #630,876
  • Oct 14, 2021 5:22am Oct 14, 2021 5:22am
Quoting Pat Chiko
{image} I hope you will not be too upset if I tried to leave an analogy, which essentially made everything click for me. Stoplights provide a means for regulating traffic flow on our roads. Suppose that each time you run a red light, you are caught and ticketed. (stop loss) At this specific point in time, you are approaching a stop-light and it is green. What would you do? Would you not go; proceed in the prevailing direction, until it changes? Or would you stop because you are overly concerned that it is suddenly going to just switch on you in...
NICEE. Makes sense.
  • #630,877
  • Oct 14, 2021 5:22am Oct 14, 2021 5:22am
Quoting donfriday
this year GJ have not move like 500- 1000 pips in a month very unusual because historically Gj does that maybe most years which i have witness in years of trading. i am waiting and ready for the crash i am sorry if u feel this guy is crazy but that historical trend of GJ
You are spot on Don... Great observation. That pair is extremely overbought in all time frames and all I can see is a quick and extremely aggressive crash ahead.

Meanwhile GBPUSD has already done 301 pips range so far this month. Connecting October 2018 bounce from 1.2921 to 1.3257 (7 trade days duration) was 336 pips bounce before 567 pips crash. Now this has already bounced by 323 pips already within 11 trade days duration (1.3411 - 1.3734).
Data + Stat + Risk/Emotions Management
  • #630,878
  • Oct 14, 2021 5:22am Oct 14, 2021 5:22am
Quoting IBabyTrader
Sold at R2, fingers crossed for a retrace. I am expecting a 30pip retrace
SL at BE now, will let it run.
  • #630,879
  • Oct 14, 2021 5:23am Oct 14, 2021 5:23am
Quoting KiwiTrada
{quote} 2nd attempt before bed, little bigger 1 3717 sl 17 pips
dix bulls trying to gain traction, little at a time!!!
If you are new to Forex? Say Goodbye to your account!!
  • #630,880
  • Oct 14, 2021 5:24am Oct 14, 2021 5:24am
Quoting Georginson
{quote} You are spot on Don... Great observation. That pair is extremely overbought in all time frames and all I can see is a quick and extremely aggressive crash ahead.
depends on how you measure that mate. For eg I have o/b reads to 1hr only and only just on this current 1hr candle.

EDIT: My apologies, I see you are referring to GJ not cable, I didn't read it properly. I don't trade GJ so don't know re o/b across however many t/f's. But the general point holds good.
Trader with an Edge.
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