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Cable Update (GBPUSD)

  • #650,561
  • Feb 2, 2022 4:09am Feb 2, 2022 4:09am
Quoting DrDave
{quote} the strong resistance @3600 which will determine if we're to move towards @3750 zone again. I think that is not quite right. A resistance zone doesn't determine anything. It just marks an area where something has happened, and when price reaches it again, something might happen again. The zone itself does not mean anything, really. What determines if the price goes up to somewhere is if there are contracts available to buy at that level and if there are any traders willing to do the buying. If there are no contracts available to buy at that...
maybe will be useful to make more publicity, so the traders will buy or sell together with success
  • #650,562
  • Feb 2, 2022 4:09am Feb 2, 2022 4:09am
Quoting maxi444
{quote} great, but it will be good to know what is TF? take food or take failure?
Of course you need to know which TF. That is why you look at multiple TFs so you can see with your own eyes. If you are using MT4, look for yourself at GBPUSD charts with "Line charts" option selected. Look at a larger TF and how the line looks. Now look at smaller TFs and look how the line looks in RELATION to the larger TF. You will see with your own eyes the same kind of relationships as I showed on the image. Mine has the advantage that I have smoothed the lines and moved them all onto a single plot to more easily see the relationship.
To free Gazans of Hamas, use whatever it takes.
  • #650,563
  • Feb 2, 2022 4:16am Feb 2, 2022 4:16am
Quoting Wongkampoeng
{quote} hello patientfx How do you identify an ABC that is in an upward order?
A B C IS 50 100 200 ITS SO SIMPLE
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 32 KB
do not follow me 99.9999999% of times, rest you can lol
  • #650,564
  • Feb 2, 2022 4:24am Feb 2, 2022 4:24am
maybe GU must be pushed lower to show more action
  • #650,565
  • Feb 2, 2022 4:25am Feb 2, 2022 4:25am
Quoting littspaniard
morning, shorts {image}
Buenas, que tal
POSTMASTER
  • #650,566
  • Feb 2, 2022 4:27am Feb 2, 2022 4:27am
Quoting PatienceFx
A B C trading system explained price above A = weak buy ; A is SL price above B stronger buy A is SL price above C strongest buy A is SL {image}
Thanks
  • #650,567
  • Feb 2, 2022 4:29am Feb 2, 2022 4:29am
GU is presenting profitable opportunities. We all know it's looking for 3555. So until then, any time it takes a dip, buy is it.

From the chart, notice that since 800 hours, PA has remained above M15 Average
Attached Image (click to enlarge)
Click to Enlarge Name: GU M15 C.png Size: 36 KB
  • #650,568
  • Feb 2, 2022 4:34am Feb 2, 2022 4:34am
Quoting JereMi256
{quote} It looks like a revenge move to me, you should have waited for a RT
thanks bro, the fix will be made soon
  • #650,569
  • Feb 2, 2022 4:41am Feb 2, 2022 4:41am
Quoting maxi444
{quote} maybe buy mode, but not really buy action
I’m not clever enough to predict when it will turn so just try to avoid doing anything too original and go with the most obvious action. When we have a series of lower lows and lower highs I will close my longs and sell.
  • #650,570
  • Feb 2, 2022 4:42am Feb 2, 2022 4:42am
Quoting Wongkampoeng
{quote} Thanks
Every one was selling cable today whereas the simplest trade was to follow 50 sma
do not follow me 99.9999999% of times, rest you can lol
  • #650,571
  • Feb 2, 2022 4:46am Feb 2, 2022 4:46am
Quoting PatienceFx
{quote} Every one was selling cable today whereas the simplest trade was to follow 50 sma
I can assure you that not everyone was selling GBPUSD today ...

I never use SMA50 and do fine without it.
To free Gazans of Hamas, use whatever it takes.
  • #650,572
  • Feb 2, 2022 4:48am Feb 2, 2022 4:48am
Quoting Pat Chiko
{quote} I'm still learning, need to be successful in trading with much more knowledge. I'm still a newbie. Thanks for helping
when I read your post, the first thing I imagined is, a Great White Shark saying: "I don't eat fish" . LOL
"the public is not yet ready for it" W.D. GANN
  • #650,573
  • Feb 2, 2022 4:55am Feb 2, 2022 4:55am
3555 hit.

Maybe, we can now have some real movement to the south. Let's see
  • #650,574
  • Feb 2, 2022 5:09am Feb 2, 2022 5:09am
Quoting Kwt4x
{quote} when I read your post, the first thing I imagined is, a Great White Shark saying: "I don't eat fish" . LOL
He is a special one living near the Arctic Circle and eats only baby seals.
To free Gazans of Hamas, use whatever it takes.
  • #650,575
  • Feb 2, 2022 5:11am Feb 2, 2022 5:11am
adding last short 13552
POSTMASTER
  • #650,576
  • Feb 2, 2022 5:11am Feb 2, 2022 5:11am
Quoting Kwt4x
{quote} when I read your post, the first thing I imagined is, a Great White Shark saying: "I don't eat fish" . LOL



That's what I thought...............


Attached Image (click to enlarge)
Click to Enlarge Name: vamos-haz-algo01633235505.jpg Size: 24 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #650,577
  • Edited 5:55am Feb 2, 2022 5:11am | Edited 5:55am
it was a 10 pips way from 3543 to 3553, maybe no more to 3566, edit: we are at 3566, no problem !
  • #650,578
  • Feb 2, 2022 5:23am Feb 2, 2022 5:23am
Quoting Obdyx
GU is presenting profitable opportunities. We all know it's looking for 3555. So until then, any time it takes a dip, buy is it. From the chart, notice that since 800 hours, PA has remained above M15 Average {image}
Sure, you can do it that way, but it is better to exercise caution because you do not know if the up swing is a mere rally or another up continuation until it progresses far enough to show you.
To free Gazans of Hamas, use whatever it takes.
  • #650,579
  • Feb 2, 2022 5:32am Feb 2, 2022 5:32am
BATTLE !

in 2 hours maybe 1.3600 and down after ADP
Attached Image (click to enlarge)
Click to Enlarge Name: battle.png Size: 28 KB
  • #650,580
  • Feb 2, 2022 5:36am Feb 2, 2022 5:36am
Low risk Recommendation with no obligation to follow...

Sell Now @ 1.3560, target 1.3200 stop selling if price closes the week above 1.3571.
Data + Stat + Risk/Emotions Management
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