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Cable Update (GBPUSD)

  • #640,101
  • Nov 18, 2021 8:28am Nov 18, 2021 8:28am
Daily pivot, weekly pivot at the same level. U-turn?
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File Type: ex4 Creeping pivot W1.ex4   24 KB | 199 downloads
  • #640,102
  • Nov 18, 2021 8:29am Nov 18, 2021 8:29am
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  • #640,103
  • Nov 18, 2021 8:30am Nov 18, 2021 8:30am
GOLD


Long


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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #640,104
  • Nov 18, 2021 8:31am Nov 18, 2021 8:31am
Quoting PiploEscobar
{quote} Hey mate, I'm curious to learn and understand why you think the next H4 candle has to be bullish? I see a pretty significant rejection at an area of confluence (RN, Supply Area, 61.8% retrace, daily R1) and believe it's likely to continue down. However, I'm a novice and keen to learn, if you're happy to share your thoughts? Thank you.
Obviously I was not right.
I watched H4 chart and Stochastic point me more up. I still expect GU goes up. Waiting next H4 bar.
  • #640,105
  • Edited 11:37am Nov 18, 2021 8:31am | Edited 11:37am
Quoting PiploEscobar
{quote} Hey mate, I'm curious to learn and understand why you think the next H4 candle has to be bullish? I see a pretty significant rejection at an area of confluence (RN, Supply Area, 61.8% retrace, daily R1) and believe it's likely to continue down. However, I'm a novice and keen to learn, if you're happy to share your thoughts? Thank you.

PiploEscobar, I agree with you.
We are bellow 4h pivot, tested S1, bounced of S2. Stochastics directing down.

4 hr chart
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  • #640,106
  • Nov 18, 2021 8:38am Nov 18, 2021 8:38am
Quoting Jolita
{quote} PiploEscobar, I agree with you. We are bellow 4h pivot, tested R1, bounced of R2. Stochastics directing down. 4 hr chart {image}
What is your camarilla pivot? Is this a daily pivot or an H4 pivot?
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This is a pivot on H4.

Attached Image
  • #640,107
  • Nov 18, 2021 8:38am Nov 18, 2021 8:38am
...back @ desk updating charts/seeing what I missed after my own trading session ended earlier. Price @ the current dly lo into a oce tested (as rbs) prev 1hr sw hi zone = prev res = pot rbs that extends down to 3450 with a 3 fib cluster @ bottom of it. 1hr bullish hidden div is present and could well develop further on any deeper drop and may hold good re the div pattern so long as price stays some way above 3396. Whilst 4hr has 4 consecutive HH's it's uptrend-per fractal swing analysis, is limited in length and is opposed by the intact downtrends on dly/wkly, so it would be a case of take your pick/depending on the t/f's you trade.

56% 30day travelled so far today = 50pips.

1hr, then 4hr below.
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Trader with an Edge.
  • #640,108
  • Nov 18, 2021 8:38am Nov 18, 2021 8:38am
Quoting Jolita
{quote} PiploEscobar, I agree with you. We are bellow 4h pivot, tested R1, bounced of R2. Stochastics directing down. 4 hr chart {image}
I concur (agree) as well. My indicators indicate going down on the one hour and the four hour...
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My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #640,109
  • Nov 18, 2021 8:39am Nov 18, 2021 8:39am
Quoting Ryd3n
I want to see 1.3520.. {image}
I scalp shorted dont know where it wana go, i did BE
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"Exchange of hands"
  • #640,110
  • Nov 18, 2021 8:42am Nov 18, 2021 8:42am
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Current Strength and Weakness of Currencies
My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #640,111
  • Nov 18, 2021 8:42am Nov 18, 2021 8:42am
Quoting mysterio
{quote} my preferred sell around here too I just grabbed quick 6 R on my buy if it dips again i'll buy
Do you mean 6 times of your profit? Say you risk 10 pips and then gun down 60 pips right?
Please share with me your trading style and your entries so I figure out the rest myself. I have some loads of candlesticks knowledge only reading.
  • #640,112
  • Nov 18, 2021 8:45am Nov 18, 2021 8:45am
Quoting Pat Chiko
GU Long {image}
GU

add


Attached Image
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #640,113
  • Nov 18, 2021 8:46am Nov 18, 2021 8:46am
crazy moves everywhere good job all
  • #640,114
  • Nov 18, 2021 8:54am Nov 18, 2021 8:54am
Still a long way down we go
  • #640,115
  • Nov 18, 2021 8:55am Nov 18, 2021 8:55am
Quoting bigiivan
{quote} Obviously I was not right. I watched H4 chart and Stochastic point me more up. I still expect GU goes up. Waiting next H4 bar.
Hi, I wasn't trying to point out right or wrong - it could have gone either way. I was just interested in your thinking to help my learning. Thank you for your reply.
  • #640,116
  • Nov 18, 2021 8:57am Nov 18, 2021 8:57am
Quoting gatenio
{quote} im feeling you between the lines, and i agree with you. this is a good thread, and lately it become to “short/long no tp no sl” style and more funnier posts like “im offload some of my short/long” like what the hell?! Am i reading your journal?!? no charts, no ideas, no info you can use or missed in your chart. this is the truth, but this is the reality and we cannot change it.

Gatenio, didn't know there are rules what to wright in here.

I post only on this FF thread and sometimes off cable topic.
Sorry if I disturb you also, just ignore me.
  • #640,117
  • Nov 18, 2021 9:04am Nov 18, 2021 9:04am
Quoting Pat Chiko
{quote} GOLD with some luck, cough... cough. {image}
you must have some Irish blood in you
  • #640,118
  • Nov 18, 2021 9:07am Nov 18, 2021 9:07am
GBPUSD - Update - November 18, 2021
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  • #640,119
  • Nov 18, 2021 9:09am Nov 18, 2021 9:09am
Quoting Pat Chiko
{quote} GU add {image}
Thank you for sharing always, i added long too.
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"Exchange of hands"
  • #640,120
  • Nov 18, 2021 9:11am Nov 18, 2021 9:11am
Long now from 1.34690, with very tight stop.

RBS + 3 Fib cluster (1.3400, 1.34170 & 1.35200)

Was hoping it would go down to weekly pivot 1.34580ish but it doesn't seem like it will now. Also, anecdotally, I've noticed the 2-3pm GMT candle reverse pretty often on GU.
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