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Cable Update (GBPUSD)

  • #643,181
  • Dec 6, 2021 5:17am Dec 6, 2021 5:17am
Quoting AlfieSolomon
Hidden bearish divergence short {image}
I dont think its ok
Trendlines H1,H4, SMC
  • #643,182
  • Dec 6, 2021 5:23am Dec 6, 2021 5:23am
Quoting AlfieSolomon
Hidden bearish divergence short {image}
Indicators don't work my friend, the earlier you start learning price action the shorter the journey...

I gave up on RSI the day it reads 82% on H4 time frame, this is clearly over bought on a higher time and i took a sell...
The market starts ranging until the RSI dropped to 61% and then continue buying.. LOL
My telegram: https://t.me/avidforex
  • #643,183
  • Dec 6, 2021 5:25am Dec 6, 2021 5:25am
Quoting BigNumbers
{quote} Indicators don't work my friend, the earlier you start learning price action the shorter the journey... I gave up on RSI the day it reads 82% on H4 time frame, this is clearly over bought on a higher time and i took a sell... The market starts ranging until the RSI dropped to 61% and then continue buying.. LOL
Yes, i agree but we are all trading on probabilities lets see
  • #643,184
  • Dec 6, 2021 5:32am Dec 6, 2021 5:32am
I see the big divergence at GBP/USD H4
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_iH4.png Size: 31 KB
  • #643,185
  • Dec 6, 2021 5:35am Dec 6, 2021 5:35am
Again 30 MINs supply ignored, Price is headed to 1HR supply where our TP1 is situated..
Attached Image (click to enlarge)
Click to Enlarge Name: 30.png Size: 23 KB
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  • #643,186
  • Dec 6, 2021 5:36am Dec 6, 2021 5:36am
There is no probability in the world of money. Probability > 95% is OK.
  • #643,187
  • Dec 6, 2021 5:36am Dec 6, 2021 5:36am
Quoting BigNumbers
{quote} Indicators don't work my friend, the earlier you start learning price action the shorter the journey... I gave up on RSI the day it reads 82% on H4 time frame, this is clearly over bought on a higher time and i took a sell... The market starts ranging until the RSI dropped to 61% and then continue buying.. LOL

Indicator works

find what work best for u and stay with it my friend
MY OPINION NOT FINANCIAL ADVISE
  • #643,188
  • Dec 6, 2021 5:37am Dec 6, 2021 5:37am
Quoting Pat Chiko
{quote} GU Add short position - scalping {image}

GU


TRADE MANAGEMENT

Consolidate all position

Short position stopped out.

Holding LONG


Attached Image (click to enlarge)
Click to Enlarge Name: gu 071.jpg Size: 131 KB


Loss position - stopped out

Attached Image (click to enlarge)
Click to Enlarge Name: gu 072.jpg Size: 80 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #643,189
  • Dec 6, 2021 5:37am Dec 6, 2021 5:37am
Quoting BigNumbers
{quote} Indicators don't work my friend, the earlier you start learning price action the shorter the journey... I gave up on RSI the day it reads 82% on H4 time frame, this is clearly over bought on a higher time and i took a sell... The market starts ranging until the RSI dropped to 61% and then continue buying.. LOL
I'm with you, indicators useless for me
  • #643,190
  • Dec 6, 2021 5:38am Dec 6, 2021 5:38am
Where does indicator work? In the garden? At the office?
  • #643,191
  • Dec 6, 2021 5:38am Dec 6, 2021 5:38am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20211206-123759_MetaTrader 4.jpg Size: 473 KB

Testing
We cut the winners short and let the losers run.
  • #643,192
  • Edited 5:50am Dec 6, 2021 5:38am | Edited 5:50am
Quoting BigNumbers
{quote} Indicators don't work my friend, the earlier you start learning price action the shorter the journey... I gave up on RSI the day it reads 82% on H4 time frame, this is clearly over bought on a higher time and i took a sell... The market starts ranging until the RSI dropped to 61% and then continue buying.. LOL
Should you take a sell when it reads 82?

(maybe overBought/Sold is a BS concept?)

I mean, how does anyone want them to work? It's just a data processing algorithm
Air force
  • #643,193
  • Dec 6, 2021 5:40am Dec 6, 2021 5:40am
TP1 hit, We'll wait for another set up... Price is now at H4 supply we should be careful
Attached Image (click to enlarge)
Click to Enlarge Name: tp1.png Size: 23 KB
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  • #643,194
  • Dec 6, 2021 5:41am Dec 6, 2021 5:41am
Quoting W0lfram
{quote} Should you take a sell when it reads 82? (maybe overBought/Sold is a BS concept?)
BS = Best System?
  • #643,195
  • Dec 6, 2021 5:41am Dec 6, 2021 5:41am
Quoting Ryd3n
{image} Testing
If it sells from that zone we can attack the low of last week.
We cut the winners short and let the losers run.
  • #643,196
  • Dec 6, 2021 5:41am Dec 6, 2021 5:41am
Quoting iqyu5an
. {image}
retest 3750 ish ?
not euphoria follower
  • #643,197
  • Dec 6, 2021 5:42am Dec 6, 2021 5:42am
Quoting Ryd3n
{quote} If it sells from that zone we can attack the low of last week.
Attack with heavy artillery
  • #643,198
  • Dec 6, 2021 5:42am Dec 6, 2021 5:42am
sell sell,,, H4 supply ZONE..
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  • #643,199
  • Dec 6, 2021 5:43am Dec 6, 2021 5:43am
the food u like might upset your friend
i hVe use 20sma and rsi successfully


indicator can’t work for everybody indicator is bullshit like Gatenio said
MY OPINION NOT FINANCIAL ADVISE
  • #643,200
  • Dec 6, 2021 5:46am Dec 6, 2021 5:46am
H4 sell zone
tp: Into the future
Attached Image (click to enlarge)
Click to Enlarge Name: H411.png Size: 24 KB
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