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Cable Update (GBPUSD)

  • #660,821
  • May 27, 2022 1:55am May 27, 2022 1:55am
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morning big over night move I was only tp at my 2635 as posted yesterday. So was the news factored in ??
  • #660,822
  • May 27, 2022 2:00am May 27, 2022 2:00am
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any bounce could see tl attraction 2750 area or will it drop now to find more buyers . Sorry that’s a bit messy
  • #660,823
  • May 27, 2022 2:00am May 27, 2022 2:00am
...another 1hr bearish close. Pullback, or more, from current dly hi?
Trader with an Edge.
  • #660,824
  • May 27, 2022 2:01am May 27, 2022 2:01am
Quoting Headland
... now or never for the 15min bullish hidden div!
why don't I see it? I don't see HD 15 in everything I look at
There is nothing wrong with being kind & loving to each other
  • #660,825
  • May 27, 2022 2:04am May 27, 2022 2:04am
Quoting RaHaG0D
{quote} why don't I see it? I don't see HD 15 in everything I look at
... depends on what oscillator (s) you are using and on what settings...mine are below. It shows on both the histo and the line and line is o/s too (blue.)

15min below
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Trader with an Edge.
  • #660,826
  • May 27, 2022 2:06am May 27, 2022 2:06am
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possible bounce here or entry short as it breaks the black line . But that rule would have a big stop so look to lower times to re look at things
  • #660,827
  • May 27, 2022 2:09am May 27, 2022 2:09am
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let’s see 2620 I had that as a fib number in the past
  • #660,828
  • May 27, 2022 2:12am May 27, 2022 2:12am
Quoting Headland
{quote} ... depends on what oscillator (s) you are using and on what settings...mine are below. It shows on both the histo and the line and line is o/s too (blue.) 15min below {image}
You are using MACD2Line. I use default Yes HD happened
There is nothing wrong with being kind & loving to each other
  • #660,829
  • May 27, 2022 2:14am May 27, 2022 2:14am
Quoting RaHaG0D
{quote} You are using MACD2Line. I use default Yes HD happened
No, they are 2 different oscillators one overlaid on top of the other. They are not macd.
Trader with an Edge.
  • #660,830
  • May 27, 2022 2:21am May 27, 2022 2:21am
Quoting Headland
{quote} No, they are 2 different oscillators one overlaid on top of the other. They are not macd.
what is the name of your oscillator? MACD2line different with MACD Default. MACD2Line HD happend ( own parameters)
There is nothing wrong with being kind & loving to each other
  • #660,831
  • May 27, 2022 2:24am May 27, 2022 2:24am
Quoting RaHaG0D
{quote} what is the name of your oscillator? MACD2line different with MACD Default
They are proprietary oscillators that I lease from the originator so I can't share them. But, it doesn't matter what oscillator (s) or what settings you use, at some point they will show divergence when perhaps mine do not. If day trading, don't have them on settings that are too long and therefore useless for that purpose. For eg I know a trader who uses macd on 8/12/9 very successfully. You have to find the 'middle ground' between too many signals of divergence (too short settings) and few to none at all (too long settings,) if you are using them for div, or o/b / o/s purposes. I use the histogram for div and the line for div and o/b / o/s reads.
Trader with an Edge.
  • #660,832
  • May 27, 2022 2:27am May 27, 2022 2:27am
Took short
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yes yes yes
  • #660,833
  • May 27, 2022 2:27am May 27, 2022 2:27am
Usdjpy short at 127.250
  • #660,834
  • May 27, 2022 2:30am May 27, 2022 2:30am
Quoting Moty
Took short {image}
Price will test the BO zone again…
1.265 area..

play in the sun day.
  • #660,835
  • May 27, 2022 2:35am May 27, 2022 2:35am
Where is Goerge? What do you say about this month's small range? Just about 500 pips or so.
  • #660,836
  • May 27, 2022 2:37am May 27, 2022 2:37am
Quoting Mitiblotch
Where is Goerge? What do you say about this month's small range? Just about 500 pips or so.
it is still 107% of the 6mth average though.
Trader with an Edge.
  • #660,837
  • May 27, 2022 2:37am May 27, 2022 2:37am
Quoting ScalaFX
{quote} Loaded all, fingers crossed and waiting for 1.24
Wedge tuning
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People don't plan to lose. They lose because they don't plan.
  • #660,838
  • May 27, 2022 2:42am May 27, 2022 2:42am
Quoting Headland
{quote} it is still 107% of the 6mth average though.
Okay. So no need to expect dramatic moves today. Thank you.
  • #660,839
  • May 27, 2022 2:45am May 27, 2022 2:45am
Quoting Mitiblotch
{quote} Okay. So no need to expect dramatic moves today. Thank you.
...well comrade georginson will know more about that, but @ 107% already it is improbable but not impossible, and that figure will only likely increase with an upside move above current dly hi.

mthly below
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Trader with an Edge.
  • #660,840
  • May 27, 2022 2:49am May 27, 2022 2:49am
Quoting Whale
{quote} Price will test the BO zone again… 1.265 area.. play in the sun day.

really
MY OPINION NOT FINANCIAL ADVISE
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