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Cable Update (GBPUSD)

  • #641,401
  • Nov 24, 2021 11:09pm Nov 24, 2021 11:09pm
Quoting navk
I bought. MACD, daily showing buy signal for the last 4 days. With MACD showing divergence, I expect a pullback today. My stop 3315. {image} {image}
also rsi, daily and 4h
  • #641,402
  • Nov 24, 2021 11:12pm Nov 24, 2021 11:12pm
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MY OPINION NOT FINANCIAL ADVISE
  • #641,403
  • Nov 24, 2021 11:13pm Nov 24, 2021 11:13pm
Quoting Pat Chiko
GU retest for L.O. {image}

GU

Add SHORT Scalp position


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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #641,404
  • Nov 24, 2021 11:14pm Nov 24, 2021 11:14pm
Quoting Pat Chiko
GU retest for L.O. {image}
I usually avoid this trade.

Retest trade.

I better wait and add long trades slowly with stop at Yesterday low.
Intraday only.
  • #641,405
  • Nov 24, 2021 11:19pm Nov 24, 2021 11:19pm
Quoting navk
{quote} I usually avoid this trade. Retest trade. I better wait and add long trades slowly with stop at Yesterday low.


can you explain what is retest trade?
MY OPINION NOT FINANCIAL ADVISE
  • #641,406
  • Nov 24, 2021 11:36pm Nov 24, 2021 11:36pm
added SHORT 1.3342 no tp no sl
  • #641,407
  • Nov 24, 2021 11:54pm Nov 24, 2021 11:54pm
Quoting donfriday
{quote} can you explain what is retest trade?
The hourly showed long at 3320 to me.

Asia is ranging... and any long or short is activated after testing lows or highs to me.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD....M30.png Size: 32 KB
Intraday only.
  • #641,408
  • Edited 12:21am Nov 25, 2021 12:00am | Edited 12:21am
Quoting donfriday
{quote} can you explain what is retest trade?

Imbalance (Inefficiency) :

Imbalance is the void between wicks.

It means that there's a skip in liquidity which is inefficient for price.
Our setup will be waiting for price to come back at that imbalance to fill it.
Same as OB, we measure the 50% fib level of the imbalance to minimize our ratio.

Warning : Price might not play our exact 50% averages.

If we do use limit. Be sure that you put 1-2 pips below/above the OB Imbalance.


PAT

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #641,409
  • Nov 25, 2021 12:12am Nov 25, 2021 12:12am
Quoting Maximumheigh
I am long till 1.340x. Loaded long @1.3330. SL below 1.33. IMO
Offload some long trades @1.3350. Still have some trades running. I will offload some @1.3360 and leave few for 1.340x. IMO
  • #641,410
  • Nov 25, 2021 12:15am Nov 25, 2021 12:15am
Quoting navk
{quote} The hourly showed long at 3320 to me. Asia is ranging... and any long or short is activated after testing lows or highs to me. {image}
the previous day high line was created by indicator? If so would you like to share it?
  • #641,411
  • Nov 25, 2021 12:37am Nov 25, 2021 12:37am
Added SHORT 1.3350 no tp no sl
  • #641,412
  • Nov 25, 2021 12:43am Nov 25, 2021 12:43am
BREAD

This is Malaysia local bread.

A must for every home.

Show me your bread, (unless you make your own.)

I would like to know.



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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #641,413
  • Nov 25, 2021 12:49am Nov 25, 2021 12:49am
Quoting gatenio
{quote} This is a short signal?
Taking into consideration yesterdays movement (other pairs) this must low or reversal point. Also including time factor. Best of luck
  • #641,414
  • Nov 25, 2021 12:51am Nov 25, 2021 12:51am
Quoting Pat Chiko
BREAD This is Malaysia local bread. A must for every home. Show me your bread, (unless you make your own.) I would like to know. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 20211125_064745.jpg Size: 5.0 MB
  • #641,415
  • Nov 25, 2021 12:56am Nov 25, 2021 12:56am
Quoting Pat Chiko
BREAD This is Malaysia local bread. A must for every home. Show me your bread, (unless you make your own.) I would like to know. {image}
you can buy it also in other Asien countries, I like it as whole grain, a little dark
  • #641,416
  • Nov 25, 2021 12:57am Nov 25, 2021 12:57am
Quoting 3xtazzy
{quote} the previous day high line was created by indicator? If so would you like to share it?
It is current day hourly high and low.

Check this thread for indi.

https://www.forexfactory.com/thread/...1#post12932791
Intraday only.
  • #641,417
  • Nov 25, 2021 1:00am Nov 25, 2021 1:00am
Quoting Waveskierrob
Added SHORT 1.3350 no tp no sl

GU


" Just because our path is same doesn’t mean I’m lost.” Anonymous


Another one ;

“If the path before me is clear, you’re probably on someone else’s.” – Waveskierrob

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #641,418
  • Nov 25, 2021 1:05am Nov 25, 2021 1:05am
Quoting Waveskierrob
{quote} {image}

That is idiomatic expression of bread and butter.

Wanna see real bread that you can consume (putting something into your mouth)


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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #641,419
  • Nov 25, 2021 1:07am Nov 25, 2021 1:07am
Quoting stevepatt
{quote} This Highlights the Importance of Following Price and not your Expectations GBP/USD H4 Observations I wasn't around to take advantage of the Short Opportunity {image}

GBP/USD H4 M30 Observations
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 25th Nov 21 GBP_USD_ H4 Observations20211125_06.48.png Size: 78 KB
Click to Enlarge Name: 25th Nov 21 GBP_USD M30 Observations_20211125_06.53.png Size: 96 KB
  • #641,420
  • Nov 25, 2021 1:08am Nov 25, 2021 1:08am
Quoting Pat Chiko
{quote} That is idiomatic expression of bread and butter. Wanna see real bread that you can consume (putting something into your mouth)
Ah sorry but this is the average price for a loaf
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