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Cable Update (GBPUSD)

  • #639,201
  • Nov 15, 2021 2:25pm Nov 15, 2021 2:25pm
[quote=LvMMT;13787957]{quote}


Thank you so much LvMMT.
I perfectly understand.

Trying to find info about this interesting fx pair, not much available. Over 200 pips dropped in 2 days, that is something! Pair is strongly reacting to commodities issue, covid or any aus dollar purchase demand mainly from China. This what I find so far. Will try to look deaper.
Your English is perfect. Not like me, always end up editing my words due to predicted text or small print.

All the best!
  • #639,202
  • Nov 15, 2021 2:29pm Nov 15, 2021 2:29pm
Quoting Waveskierrob
SHORTS 1.3430 no tp no sl

Hi Waveskie,

that was a sniper entry,,

Here, plotted in chart with some description.

I too went for the same entry.

You're very skillful.


Attached Image (click to enlarge)
Click to Enlarge Name: gu 325.jpg Size: 142 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #639,203
  • Nov 15, 2021 2:30pm Nov 15, 2021 2:30pm
[quote=Jolita;13787975]
Quoting LvMMT
{quote} Thank you so much LvMMT. I perfectly understand. Trying to find info about this interesting fx pair, not much available. Over 200 pips dropped in 2 days, that is something! Pair is strongly reacting to commodities issue, covid or any aus dollar purchase demand mainly from China. This what I find so far. Will try to look deaper. Your English is perfect. Not like me, always end up editing my words due to predicted text or small print. All the best!
After breaking up with the EU ... GBP pairs no longer behave as before.

And because a lot of money went into Crypto ... That changes a lot ...

God bless you Jolita and God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #639,204
  • Nov 15, 2021 2:33pm Nov 15, 2021 2:33pm
Quoting LvMMT
{quote} {image} Good luck folks! God bless everyone!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD151.png Size: 81 KB


Good luck folks!
God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #639,205
  • Nov 15, 2021 2:37pm Nov 15, 2021 2:37pm
Quoting Pat Chiko
{quote} Hi Waveskie, that was a sniper entry,, Here, plotted in chart with some description. I too went for the same entry. You're very skillful. {image}
GU

Price react to previous S&R zone. Action vs. Reaction.

This can be seen on H4 TF.

It create cap with subsequent level of supply will be taken off to complete the compression moves


Attached Image (click to enlarge)
Click to Enlarge Name: gu 326.jpg Size: 138 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #639,206
  • Nov 15, 2021 2:39pm Nov 15, 2021 2:39pm
Quoting Pat Chiko
{quote} Hi Waveskie, that was a sniper entry,, Here, plotted in chart with some description. I too went for the same entry. You're very skillful. {image}
if lady luck is a skill then yes, 8 SHORTS now at BE
  • #639,207
  • Nov 15, 2021 2:41pm Nov 15, 2021 2:41pm
Quoting Robinhood1
{quote} This is plan B. if price does not reach a certain level to the upside buying below 13353 to close around 13470 and beyond. Plan A would come into play afterwoods, shorting cos price would break this new hipotetic low. Maybe a bit confusing to understand.
It is very difficult trading cablefor most until either 13353 or 13500 aprox are broken.Price is in between this range were they are shaking the tree
POSTMASTER
  • #639,208
  • Nov 15, 2021 2:53pm Nov 15, 2021 2:53pm
SHORT 1.3409 no tp no sl
  • #639,209
  • Nov 15, 2021 2:54pm Nov 15, 2021 2:54pm
Quoting Waveskierrob
{quote} if lady luck is a skill then yes, 8 SHORTS now at BE
Hi Waveskie,

always imagine you as the person in the photo below,

Taking a trade without SL.

This may happen to you without warning....lol

Attached Image (click to enlarge)
Click to Enlarge Name: baby.jpg Size: 58 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #639,210
  • Nov 15, 2021 2:57pm Nov 15, 2021 2:57pm
Quoting Waveskierrob
{quote} if lady luck is a skill then yes, 8 SHORTS now at BE
amazing flip coin equals eight
Attached Image
Daddy, Brother, Lover, Little Boy
  • #639,211
  • Nov 15, 2021 3:01pm Nov 15, 2021 3:01pm
Quoting Pat Chiko
{quote} GU The set up on Compression @ H1 {image}
GU

Target 1 - closing partial

Target 2 -full

Attached Image (click to enlarge)
Click to Enlarge Name: gu 328.jpg Size: 148 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #639,212
  • Nov 15, 2021 3:06pm Nov 15, 2021 3:06pm
Quoting Mr.Burger
{quote} amazing flip coin equals eight {image}
Only flip coin to choose direction not every trade
  • #639,213
  • Nov 15, 2021 3:07pm Nov 15, 2021 3:07pm
Quoting genadi
{quote} while all the smart kids buying GBPUSD, i sold it at 1.3445
hey hey hey, we are going
  • #639,214
  • Nov 15, 2021 3:11pm Nov 15, 2021 3:11pm
SHORT No 10 1.3412 no tp no sl BE now 1.3412
  • #639,215
  • Nov 15, 2021 3:11pm Nov 15, 2021 3:11pm
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 11-15-2021 23.10.jpg Size: 150 KB
yes yes yes
  • #639,216
  • Nov 15, 2021 3:12pm Nov 15, 2021 3:12pm
Quoting Pat Chiko
{quote} GU The set up on Compression @ H1 {image}
Can you provide a definition (formula) for charting compression? Thanks, Mate. Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #639,217
  • Nov 15, 2021 3:16pm Nov 15, 2021 3:16pm
Quoting LvMMT
{quote} {image} Good luck folks! God bless everyone!
Latest for today

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD151.png Size: 79 KB



Good luck folks!
God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #639,218
  • Nov 15, 2021 3:20pm Nov 15, 2021 3:20pm
Quoting TooSlow
{quote} Can you provide a definition (formula) for charting compression? Thanks, Mate. Cheers!

Posted earlier

Post # 639117

And many more example in YouTube.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #639,219
  • Edited Nov 16, 2021 12:11am Nov 15, 2021 3:25pm | Edited Nov 16, 2021 12:11am
Quoting Pat Chiko
{quote} Hi Waveskie, always imagine you as the person in the photo below, Taking a trade without SL. This may happen to you without warning....lol {image}
One guy just mentioned he was selling EU 1.14xs since June (or so)2020 and held till now, which is more than a year. Now he just closed all in profit. So seems people have account with proper money management that price can fly or drop 2000 pips they don't care.
  • #639,220
  • Nov 15, 2021 3:28pm Nov 15, 2021 3:28pm
Quoting Pat Chiko
{quote} Posted earlier Post # 639117 And many more example in YouTube.
Quote
Notes on Compression

Trading Compression - the compression is a price movement that indicates the weakness of the buyers or the sellers.
Price compression is a very slow price movement that indicates weakness on buying and selling orders.
By this type of movement, the price collects all pending orders on itīs way up or down and leaves no unfilled orders behind it.
Price compression is usually defined by small and messy candles that move up or down in a very tight range.

This seems subjective, as in, subject to interpretation. How does one define slow, small, messy, tight? One might infer those depend on the chart period.

Thanks, Mate. Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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