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Cable Update (GBPUSD)

  • #650,581
  • Feb 2, 2022 5:37am Feb 2, 2022 5:37am
Quoting Robinhood1
adding last short 13552
hm, we are at 3560
  • #650,582
  • Feb 2, 2022 5:43am Feb 2, 2022 5:43am
Quoting Georginson
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.
good publicity !
  • #650,583
  • Feb 2, 2022 5:53am Feb 2, 2022 5:53am
The bulls have overrun 3555 without any let off. Will 3567 (WR 61) stop them?
  • #650,584
  • Feb 2, 2022 6:00am Feb 2, 2022 6:00am
Go go go mf
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yes yes yes
  • #650,585
  • Feb 2, 2022 6:00am Feb 2, 2022 6:00am
Quoting Georginson
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.
Nice Georg, I'm short for correction, still bullish in my eyes
Daddy, Brother, Lover, Little Boy
  • #650,586
  • Feb 2, 2022 6:02am Feb 2, 2022 6:02am
Quoting DrDave
{quote} He is a special one living near the Arctic Circle and eats only baby seals.
Quoting Pat Chiko
{quote} That's what I thought............... {image}
forget the SmallHead, please tell me you don't see me as a seal DrDave gave me dark thoughts and I'm too young to be food.

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btw, GU brakes need to be checked

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cheers,
"the public is not yet ready for it" W.D. GANN
  • #650,587
  • Feb 2, 2022 6:03am Feb 2, 2022 6:03am
clear GU long and sleep
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not euphoria follower
  • #650,588
  • Feb 2, 2022 6:10am Feb 2, 2022 6:10am
If it holds above 3550-3560 zone then 3583-ish target
in wondering about yourself, you forgot what you came here to be part of
  • #650,589
  • Feb 2, 2022 6:17am Feb 2, 2022 6:17am
Quoting Georginson
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.
61.8%, George, or 1.3600ish is a better option.
Lost....
  • #650,590
  • Feb 2, 2022 6:19am Feb 2, 2022 6:19am
The bulls are taking out all the obstacles as if they are not there. At this rate, there is no guarantee that EMA 200/D1 at 3582 shall stop them
  • #650,591
  • Feb 2, 2022 6:20am Feb 2, 2022 6:20am
3 crows
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #650,592
  • Feb 2, 2022 7:03am Feb 2, 2022 7:03am
Trying short here 3583

Positionning is clearly saying upside, but its overextended here
COT: The precious data ignored
  • #650,593
  • Feb 2, 2022 7:13am Feb 2, 2022 7:13am
Quoting Robinhood1
{quote} Buenas, que tal
sorry for delay... the small stop loss was hit. Now price is around resistance so i will seek for shorts around there
The only constant is change
  • #650,594
  • Feb 2, 2022 7:24am Feb 2, 2022 7:24am
All out !!!
Ty mf
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yes yes yes
  • #650,595
  • Feb 2, 2022 7:31am Feb 2, 2022 7:31am
Quoting knkie
If it holds above 3550-3560 zone then 3583-ish target
perfect. target achieved.
in wondering about yourself, you forgot what you came here to be part of
  • #650,596
  • Feb 2, 2022 7:32am Feb 2, 2022 7:32am
Look at M1 now. Do you see something different than is displayed in this post?

Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #650,597
  • Feb 2, 2022 7:34am Feb 2, 2022 7:34am
Quoting DrDave
{quote} Look at this example. TF1 smallest TF TF2 middle TF TF3 largest TF TF3 has been going up without any retracements. I look at a chart that includes price bars and determine from PA that price is approaching a resistance level near the arrow of TF1 and is flattening a bit, so I sell. Price starts down, so of course, I called that one right, didn't I? But before it reaches my TP, I see price turns back up (attempt 1): No worries, my SL is far away. But look what TF2 is showing: Price could not go down far enough to turn down TF2 before TF1...

Dr Dave,

Interesting selling confirmation on attempt 1. All clear.

I have a question for attempt 2, as TF1 and TF2 moved under largest TF3, in my view this a sell confirmation, no?
Thanks in advance
  • #650,598
  • Feb 2, 2022 7:36am Feb 2, 2022 7:36am
Quoting DrDave
Look at M1 now. Do you see something different than is displayed in this post? {image}
Your time frame - 1 minute?
I see as a sell signal.
  • #650,599
  • Feb 2, 2022 7:41am Feb 2, 2022 7:41am
Quoting Jolita
{quote} Dr Dave, Interesting selling confirmation on attempt 1. All clear. I have a question for attempt 2, as TF1 and TF2 moved under largest TF3, in my view this a sell confirmation, no? Thanks in advance
Interesting selling confirmation on attempt 1.
That is not a confirmation for me: It is nothing more than an attempt to stop the up move. And as you see, the attempt failed.

for attempt 2, as TF1 and TF2 moved under largest TF3, in my view this a sell confirmation, no?
That is not a confirmation for me. It is merely an attempt to stop the up move. In this case, the attempt managed to reach to the next higher TF. But as before, this attempt also failed.
To free Gazans of Hamas, use whatever it takes.
  • #650,600
  • Feb 2, 2022 7:43am Feb 2, 2022 7:43am
Quoting Jolita
{quote} Your time frame - 1 minute? I see as a sell signal.
That is M1 TF displayed. I could have left the TF unlabled because the point is to compare that image with the previous one.

But because change comes from the bottom and moves upward through the TFs, I decided to post the small M1 TF.
To free Gazans of Hamas, use whatever it takes.
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