Cable Update (GBPUSD)

Quoting kris89

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{quote} yes , strong pivot area is below the BMS , im aware of it also , still going to try some luck with biggest picture on daily and weekly one . the formation is quite valid one as the last friday we have one last push down below and get inside 1.37500 area again , that make me rethink and sell this stuff , not going to see 1.38000 . like the past history , if we wanna see lower , there is a POI must be left behind to get it later , so do on

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Quoting NotAtrader

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{quote} For now it is smart to wait for the Frankfurt and London and see what they are up to. I cashed 17 pips from the previous sell signal (see my last posted chart). Then I got suggestion to close and wait in addition to the buy signal. I did not buy because at this particular time of the day/night the signals are not as reliable as I would like to. Right now as I write the price is touching the pivot with quite determined force down. We will see what happens. Trading is such a fascinating thing to do. The more you learn the more fun it gets....

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Quoting NotAtrader

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Daily view……. Just a view… {image}

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Quoting Pat Chiko

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{quote} This is my take Going to close my scalping short on Monday The i will go long once my set up compkete You comment welcome. I use chart to analyse not jyst pick up from the air ( except with Luck and Hope) Please need your comnent on this Ihlas. What say you. Many want to learn from you {image}

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Quoting Jolita

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{quote} Ihlas, why? Again is 50/50

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Quoting Nordling00

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{quote} GU will be bearish başkan

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Quoting Ihlas

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{quote} EG has downward target at least 750 points, so it's better to buy. This week and next week Monday will be decisive {quote} Yes, komutan. Likely we will wait for another week. This week is important

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Quoting Ihlas

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Here is the chart, just one of the that I use. Even was posted before the fact. Look and decrypt the chart if you can what's going on? No free pips It's not supply and demand btw {image}

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Quoting malcolmb14

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{quote} be a little cautious on the sells ....EG prior to the break we had clear low volume down bar on daily .... Now we have the mark down bar through prior support. This can be a trap to lure in bear and could develop a spring back above support. If not in the trade I would wait for further weakness to downside to confirm that the break of support is not a trap .... if that is seen could lead to good down move. Spring back above prior support would give nice trade to upside of several hundred EG in a key area ... next week will give good...

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Quoting Bones

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{quote} I have nothing to sell , that trade is real I have gone larger (my personal max has been around £400 per point I could prove it ,from the past when leverage was higher ) but who cares I guess, which is the other side to posting random account statements

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Quoting kk300

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{quote} What are the shaded areas?

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Quoting iqyu5an

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{quote} Bullish BAMM detected to break mother candle

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Quoting Ihlas

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{quote} They are the zones price should visit from two timeframes. The bigger the timeframe certainly it will revisit that zone sooner or later. I mark 5 minutes and 1 hour. Paid attention it never misses confluenced 5M and 1H zones. Might be my imagination but works for me

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Quoting kk300

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{quote} Closed. +15.. due to weekend.. will reload later... target remains 3650..

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Quoting gatenio

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bulls dancing on my ass {image}

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Quoting kris89

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{image}

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Quoting mysterio

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{quote} Yeah agree it will be touched soon Think this h4 supply on dxy might be contacted first hence some down first. If that plays out then long to 1.38+ until dxy hits daily demand, this is too many steps ahead though Mere speculation {image}

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