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Cable Update (GBPUSD)

  • #630,881
  • Oct 14, 2021 5:24am Oct 14, 2021 5:24am
Makes sense to wait for a proper pullback before going long.
  • #630,882
  • Oct 14, 2021 5:24am Oct 14, 2021 5:24am
Quoting kris89
{quote} almost getting hit my SL , xD
Hopefully that was the last push up. Going to enter short if 1.3720 is broke!!!
Don't trade what you think. Just what you see!!!
  • #630,883
  • Edited 5:43am Oct 14, 2021 5:25am | Edited 5:43am
Quoting phd893
1/1 ....H6 {image}
Attached Image (click to enlarge)
Click to Enlarge Name: BH.png Size: 75 KB


GJ ) // GU H8 New target 1.3762x
  • #630,884
  • Oct 14, 2021 5:25am Oct 14, 2021 5:25am
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'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
Whenever price changes (by a 1/10th of a pip), it's called a tick.
Whenever a tick is created, volume goes up by 1.

Edit : If price jumps in one tick by more than a 1/10th of a pip, volume still only goes up by 1.
  • #630,885
  • Oct 14, 2021 5:25am Oct 14, 2021 5:25am
Quoting coyoteuglyxxx
GU short attempt at RN with a tight SL {image}
The theory failed… SL hit -12 loss
Did you place your stop loss order? Why not?!? Story of my life...
  • #630,886
  • Oct 14, 2021 5:26am Oct 14, 2021 5:26am
Quoting Mar61
{quote} NICEE. Makes sense.
Hi Mar

I don't know how well of a job I have done with the post above, but hope that it can be related to trading in some way, shape or form, and hope that I have not confused anyone, if they are already confused as it is.

Let enjoy this today to the fullest coz tomorrow some profit taking will take place. Bull will take out some profit tomorrow.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #630,887
  • Oct 14, 2021 5:27am Oct 14, 2021 5:27am
27th sept weekly high taken. Lets see if this was the target all along
  • #630,888
  • Oct 14, 2021 5:28am Oct 14, 2021 5:28am
Quoting Bulu-Bulu
{quote} Whenever price changes (by a 1/10th of a pip), it's called a tick. Whenever a tick is created, volume goes up by 1.
Ok thanks Bro

New lesson for me today

It's therefore a tick volume not real traded volume.

Appreaciate
Thanks again

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #630,889
  • Oct 14, 2021 5:30am Oct 14, 2021 5:30am
Quoting LvMMT
{quote} {image} I changed my mind... Long Cable Long DOW Long Gold... God bless everyone!
Closed all in positive... LOL

Waiting...

God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #630,890
  • Oct 14, 2021 5:31am Oct 14, 2021 5:31am
Quoting mysterio
27th sept weekly high taken. Lets see if this was the target all along
Next is 23 September.
Maybe after correction.
  • #630,891
  • Oct 14, 2021 5:31am Oct 14, 2021 5:31am
its hard to predict the future but with time the future will come and meet the past
MY OPINION NOT FINANCIAL ADVISE
  • #630,892
  • Oct 14, 2021 5:31am Oct 14, 2021 5:31am
Quoting Pat Chiko
{quote} Hi Mar I don't know how well of a job I have done with the post above, but hope that it can be related to trading in some way, shape or form, and hope that I have not confused anyone, if they are already confused as it is. Let enjoy this today to the fullest coz tomorrow some profit taking will take place. Bull will take out some profit tomorrow.
Awesome job, I can relate because sometimes (more often than not) I try to dictate price and get caught out instead of as the post says follow the lights (price action).
  • #630,893
  • Oct 14, 2021 5:34am Oct 14, 2021 5:34am
Quoting IBabyTrader
{quote} SL at BE now, will let it run.
Don't bey shy baby, take a dive.
  • #630,894
  • Oct 14, 2021 5:36am Oct 14, 2021 5:36am
Quoting BigNumbers
Expect a pullback at H4 resistance 1.37178 TARGET 1.37636 {image}
Now target is 35 pips away...
My telegram: https://t.me/avidforex
  • #630,895
  • Oct 14, 2021 5:38am Oct 14, 2021 5:38am
Retrace to 137 before upwards?
Insane in the Brain..
  • #630,896
  • Oct 14, 2021 5:38am Oct 14, 2021 5:38am
... great little short with the double bearish div on 5min and dark cloud cover close trigger for entry, and o/b to 1hr @ potential res = 38.2% current yrly hi-lo in the prev 4hr/dly sw lo then hi zone. Only my 2nd short of session.

5min below.
Attached Image (click to enlarge)
Click to Enlarge Name: 05dcf8699880baffda2a8a10eb55da3f.png Size: 52 KB
Trader with an Edge.
  • #630,897
  • Oct 14, 2021 5:43am Oct 14, 2021 5:43am
1.36288 weekly high taken
Obvious thing
  • #630,898
  • Oct 14, 2021 5:44am Oct 14, 2021 5:44am
Dollar = D(i)XY

H1
Attached Image (click to enlarge)
Click to Enlarge Name: GbpUsd59DiXY.png Size: 43 KB

Good luck everyone.

Have a profitable day.

God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #630,899
  • Oct 14, 2021 5:47am Oct 14, 2021 5:47am
I’m still on about this angle at 1.369x…. Usually areas around the 45 and 90 degree angle mark tops or bottoms in the market and 1.369x – 1.371x is very significant as a resistance IMO. So far the theory is failing to materialize because of Pat Chico and all his buying lol. It looks like a very strong bull move indeed. I’m risking a small scalp short aka revenge trade with a tight SL.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: SQ 9 14 Oct.jpg Size: 307 KB
Click to Enlarge Name: GU short again 14 Oct.jpg Size: 154 KB
Did you place your stop loss order? Why not?!? Story of my life...
  • #630,900
  • Oct 14, 2021 5:47am Oct 14, 2021 5:47am
Quoting bigiivan
{quote} Next is 23 September. Maybe after correction.
could you check my personal message? thanks
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