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Cable Update (GBPUSD)

  • #643,641
  • Dec 7, 2021 9:37am Dec 7, 2021 9:37am
Quoting genadi
{quote} guys. how do you think? AUDUSD will turn down now or will go up for 70 more pips to 0.7180?
It seems to have turned upside.

I do not trade AU, my analysis is generally based on levels + 4hr support/resistance.

Look at those 4hr levels.
Attached Image (click to enlarge)
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Intraday only.
  • #643,642
  • Dec 7, 2021 9:43am Dec 7, 2021 9:43am
Quoting navk
{quote} It seems to have turned upside. I do not trade AU, my analysis is generally based on levels + 4hr support/resistance. Look at those 4hr levels. {image}
thanks bro

  • #643,643
  • Dec 7, 2021 9:46am Dec 7, 2021 9:46am
Selling for a buck
Attached Image (click to enlarge)
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Fools Rushing
  • #643,644
  • Dec 7, 2021 9:52am Dec 7, 2021 9:52am
with current status of traders and volume in the buyers vastly outnumbering sellers 80%-20% and buyers positions on average in drawdown around 200pips (average) whilst sellers are in DD around 60 pips below current price, i really dont see this rising by much with max up to 1.33750 sellers stop loss clusters or 1.3410 SLC, putting a further squeeze on those long suffering sellers below recent low , taking out a big chunk of profitable sellers on the way up and then turning down again, playing phsyco games with losing buyers till they close out majority of positions. freeing the move for a return up, but for now this is just going to be a significant retrace to clear the way for further down past todays low support area thus continuing the larger TF down trend. Plenty opps for trades in both directions as usual.
Attached Image (click to enlarge)
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  • #643,645
  • Dec 7, 2021 9:53am Dec 7, 2021 9:53am
Quoting pamc
with current status of traders and volume in the buyers vastly outnumbering sellers 80%-20% and buyers positions on average in drawdown around 200pips (average) whilst sellers are in DD around 60 pips below current price, i really dont see this rising by much with max up to 1.33750 sellers stop loss clusters or 1.3410 SLC, putting a further squeeze on those long suffering sellers below recent low , taking out a big chunk of profitable sellers on the way up and then turning down again, playing phsyco games with losing buyers till they close out majority...
broliukas latvis

  • #643,646
  • Dec 7, 2021 9:53am Dec 7, 2021 9:53am
Quoting Wavegarrick
{quote} Ascending trendline break. Careful bulls, it can become messy here. My short trade with NY open is playing out nicely. Trade locked in. Take care, Cheers. {image}
So far detecting subtle rejection signals off my 38.2% fib retrace at 1.32393 of today's high and low on the hourly t/frame. Could look to enter 1 more sell trade here with a tight s/loss of 25 pips. 8 more minutes to go for the hourly candle close.
Cheers.
Trade to trade another day
  • #643,647
  • Dec 7, 2021 9:54am Dec 7, 2021 9:54am
Bullish h4 or not.i dont know.But GU didnt visi h1 top.I had buy limit about 1.32100.But i didnt sell.AS min it goes to 1.32800.As maximum 1.33 and above.
  • #643,648
  • Dec 7, 2021 10:00am Dec 7, 2021 10:00am
No good trend here H1 and H4.All is very messy.Only buy sell h1 and m30.Channel H4 slow goes down all channel.This is problem.
  • #643,649
  • Dec 7, 2021 10:01am Dec 7, 2021 10:01am
Quoting genadi
{quote} broliukas latvis
  • #643,650
  • Dec 7, 2021 10:03am Dec 7, 2021 10:03am
Quoting pamc
with current status of traders and volume in the buyers vastly outnumbering sellers 80%-20% and buyers positions on average in drawdown around 200pips (average) whilst sellers are in DD around 60 pips below current price, i really dont see this rising by much with max up to 1.33750 sellers stop loss clusters or 1.3410 SLC, putting a further squeeze on those long suffering sellers below recent low , taking out a big chunk of profitable sellers on the way up and then turning down again, playing phsyco games with losing buyers till they close out majority...
I hv got to agree. This man has a point. Bravo !!
Fools Rushing
  • #643,651
  • Dec 7, 2021 10:06am Dec 7, 2021 10:06am
Quoting MTF Test
Selling for a buck {image}
Busted this time 0.5% Down
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD....bM15.png Size: 30 KB
Fools Rushing
  • #643,652
  • Dec 7, 2021 10:12am Dec 7, 2021 10:12am
Quoting MTF Test
{quote} I hv got to agree. This man has a point. Bravo !!
those losing sellers are dating back to just over a year ago between november/december. Geez. so close.
  • #643,653
  • Dec 7, 2021 10:20am Dec 7, 2021 10:20am
Short in at 1.3229
Don't trade what you think. Just what you see!!!
  • #643,654
  • Dec 7, 2021 10:21am Dec 7, 2021 10:21am
Quoting pamc
{quote} those losing sellers are dating back to just over a year ago between november/december. Geez. so close.
Hit and Run Situation. Pair will reach my target without me. When this happen. I m taking the day off for the rest of the day. Cheers !!
Fools Rushing
  • #643,655
  • Dec 7, 2021 10:25am Dec 7, 2021 10:25am
Lets try LONG and SHORT @ 1.3230 no tp no sl
  • #643,656
  • Dec 7, 2021 11:05am Dec 7, 2021 11:05am
Quoting Waveskierrob
Lets try LONG and SHORT @ 1.3230 no tp no sl
Closed LONG 1,3237 +7
  • #643,657
  • Dec 7, 2021 11:07am Dec 7, 2021 11:07am
Quoting Waveskierrob
{quote} Closed LONG 1,3237 +7
you are killing the market day after day after day
  • #643,658
  • Dec 7, 2021 11:09am Dec 7, 2021 11:09am
Quoting genadi
{quote} you are killing the market day after day after day
A better term is 'milking the market' and he does that well!
  • #643,659
  • Dec 7, 2021 11:15am Dec 7, 2021 11:15am
Quoting pamc
{quote} A better term is 'milking the market' and he does that well!

waveskie is a scammer he trade demo and magic to Live.
MY OPINION NOT FINANCIAL ADVISE
  • #643,660
  • Dec 7, 2021 11:16am Dec 7, 2021 11:16am
Quoting donfriday
{quote} waveskie is a scammer he trade demo and magic to Live.
How dare you I trade monopoly money ...demo indeed
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