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Cable Update (GBPUSD)

  • #651,881
  • Feb 13, 2022 5:22pm Feb 13, 2022 5:22pm
ive sell in last swing of 1.35700 will see a breakdown today
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #651,882
  • Feb 13, 2022 5:31pm Feb 13, 2022 5:31pm
Quoting kris89
ive sell in last swing of 1.35700 will see a breakdown today
are you sure there will be a breakdown???
  • #651,883
  • Feb 13, 2022 6:19pm Feb 13, 2022 6:19pm
show me the money mf
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yes yes yes
  • #651,884
  • Feb 13, 2022 6:29pm Feb 13, 2022 6:29pm
Quoting Moty
show me the money mf {image}
lol
  • #651,885
  • Feb 13, 2022 6:42pm Feb 13, 2022 6:42pm
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yes yes yes
  • #651,886
  • Feb 13, 2022 7:03pm Feb 13, 2022 7:03pm
Quoting ninner
{quote} are you sure there will be a breakdown???
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"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #651,887
  • Edited 9:57pm Feb 13, 2022 7:43pm | Edited 9:57pm
G/M, early start for me soon, ie around 0600am local gmt - early finish too is the plan. Looks like the Ukraine thing weighing so far already. The 4hr part of the prev 1hr/4hr sw lo zone down to 3513 starts circa 3529...this is the 1st obvious potential support zone for the bears to push through...straight into another though. Currently 76.4% 3513-3609 reached. (85.4% of same move is @ 3527.) Mthly Pivot circa 3516 with 50% 3393-3643 @ same level. Dly S1 just under that immediate pot supp zone @ 3512, as is 85.4% 3490-3643 @ same level.

* 50% of the total recent 3359-3644 move is @ 3500.
* Price currently trades below the dly and wkly pivots.

1hr below.
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Trader with an Edge.
  • #651,888
  • Feb 13, 2022 9:55pm Feb 13, 2022 9:55pm
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Intraday Trading is an Art _ hoda
  • #651,889
  • Feb 13, 2022 9:59pm Feb 13, 2022 9:59pm
...so a rise up from the confluence of the 3 previously disrespected swings and the 76.4% 3513-3609...now challenging a prev 1hr sw lo zone = prev supp = pot sbr.

1hr below.
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Trader with an Edge.
  • #651,890
  • Feb 13, 2022 10:23pm Feb 13, 2022 10:23pm
...Asia basically sold the early rally to a new low. Will London session starting as london forex desks begin to open 0630am gmt, do the same? Let's see - anything can happen.
Trader with an Edge.
  • #651,891
  • Feb 13, 2022 10:28pm Feb 13, 2022 10:28pm
so pa stands like this , price to 3533/20 to above 3571 before test 3459. lets see what actually happen , will do as per more or less !!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #651,892
  • Feb 13, 2022 10:50pm Feb 13, 2022 10:50pm
First real support around 1.3590 once it retraces. If it does not hit 1.3590 coming from top, support will be found further up and thus target still higher than 1.42xx. I may be wrong

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POSTMASTER
  • #651,893
  • Feb 13, 2022 10:54pm Feb 13, 2022 10:54pm
Hello Gann fans. For anyone interested in Audjpy, i beleive it will doble bottom around that line or make a reversal if it just breaks the low. I may be wrong

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POSTMASTER
  • #651,894
  • Feb 13, 2022 11:16pm Feb 13, 2022 11:16pm
... @ the current dly lo just into the 4hr part of that prev 1hr/4hr sw lo zone down to 3513 = prev supp = pot supp @ the steepest 4hr asc t/line & 85.4% 3513-3609....

4hr below.
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Trader with an Edge.
  • #651,895
  • Feb 14, 2022 12:10am Feb 14, 2022 12:10am
Yes yes yes
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yes yes yes
  • #651,896
  • Feb 14, 2022 12:15am Feb 14, 2022 12:15am
I told my uncle on Friday morning to exit his buy trade from Thursday because GU will never go up to the peak again anytime soon and that he should sell instead. He said to me "what do you know?" now he says he is a swing traderhe has been moving his stop as GU continues to go down. I hope it does go up because he will end up in margin trouble
Executing trades with precision!!
  • #651,897
  • Edited 12:43am Feb 14, 2022 12:17am | Edited 12:43am
Quoting fontu
so pa stands like this , price to 3533/20 to above 3571 before test 3459. lets see what actually happen , will do as per more or less !! {image}
so 3520 test , ok a break before bounce try next .3535 limit watching . but in breaking 20 if down 3513 then target 3459 down , 56. as broken 3513 , care 3489 too as cab counce sone above too,
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #651,898
  • Feb 14, 2022 12:24am Feb 14, 2022 12:24am
...nice drop again on the 1st London session p/back from that prev 1hr sw lo zone = prev supp=pot sbr. @ current dly lo in 1hr part now of prev 1hr/4hr sw lo zone to 3513 bottom of which is coexistent with a prev 4hr/minor dly sw lo zone to 3490. Fibs and pivots in there too.

Seems Ukraine thing weighing in early London too. Each rally has been a chance to sell @ a cheaper price so far.

1hr below.
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Trader with an Edge.
  • #651,899
  • Edited 1:02am Feb 14, 2022 12:29am | Edited 1:02am
Quoting JereMi256
{quote} With all due respect, Demo trading is building your euphoric levels. Use small lot sizes! With that 10lots excitement, u will get into the real market overly expecting (get rich quick)henceforth, u will start the circle of doom (switching strategies/breaking rules).
I am sorry to let you know that it is a live account mate. I don't scalp, or draw trendlines or support and resistance on my charts because I was told they are all BS! I was taught how the forex market moves, and taught entries so that my stop loss is usually just 10 pips or less. why? so that I can maximise on my profits. I have been trading like this since last year. I would deposit $10 and try to catch a trade on a 0.1 lotsize at full margin until I mastered it. People always think i'm crazy. The farthest i have gone is 50 lots. After I sell or buy, the market immediately goes away and my stop loss is moved to BE. I don't hold trades all day long hoping that price will go. Sorry man
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Executing trades with precision!!
  • #651,900
  • Feb 14, 2022 12:39am Feb 14, 2022 12:39am
Quoting Learner-xx
{quote} I am sorry to let you know that it is a live account mate. I don't scalp, or draw trendlines or support and resistance on my charts because I was told they are all BS! I was taught how the forex market moves, and taught entries so that my stop loss is usually just 10 pips or less. why? so that I can maximise on my profits. I have been trading like this since last year. I would deposit $10 and try to catch a trade on a 0.1 lotsize at full margin until I mastered it. People always think i'm crazy. The farthest i have gone is 50 lots. After...
Too good to be true but interesting
What's your entry signal then if you dont follow trends or support and resistence?
Face 'ur fears & tame 'ur greed
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