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Cable Update (GBPUSD)

  • #675,501
  • Edited 10:56am Aug 14, 2022 10:32am | Edited 10:56am
Change of direction of next 4hr candle is called Price action.

whatever PA says we go in that direction.

Analysis is just analysis, It should not change.whether 4hr or daily or weekly.

This is what I tried to clarify, once new week begins whatever the PA says I go in that direction.

The question is intended for the poster and he clarified.

Ha..ha.. typical sunday mood.

Do not worry. The market will open in few hours.

I said umpteen number of times, trade what you see. ( Price action ). 4hr Analysis has changed within 2 days. Typical example how analysis fails.
Intraday only.
  • #675,502
  • Aug 14, 2022 10:46am Aug 14, 2022 10:46am
I have seen some people"s analysis with chart.

Showing targets, FIBO levels etc. support/resistance levels ( with price levels )That is really good.
Intraday only.
  • #675,503
  • Aug 14, 2022 10:47am Aug 14, 2022 10:47am
Quoting thatRichDude
{quote} Hello, How are you this beautiful day? Quick question, what source do you farm your sentiment analysis from? Kind regards, RD
Hello! You mean percentage of traders that are long and short at the certain moment or? If it's about this, then you can have it for free, I'll give it to you. Just for you only you can it for free and by free I mean 100K of Euros. I don't think 100K should be a problem now that Euro is this weak right? Haha LoL . Just kiddin'.

If you mean Client Sentiment I use these two websites: links:
https://www.dailyfx.com/sentiment
https://forexclientsentiment.com/client-sentiment

If you meant something else sorry, but I'll respond to you again ofc if this isn't what you meant! It is a beautiful day yeah, stress-free, forex-free day.
  • #675,504
  • Aug 14, 2022 11:17am Aug 14, 2022 11:17am
in a downtrend channel
  • #675,505
  • Aug 14, 2022 11:20am Aug 14, 2022 11:20am
Client sentiment 68percent long gbpusd.
  • #675,506
  • Aug 14, 2022 11:45am Aug 14, 2022 11:45am
Quoting Pat Chiko
{quote} Hey Sohail, ........... Congrats Bro These are special times The most enjoyable game I ever watched was last seasons opener. {image} Bee stings the Devil.{image}
You are out? I thought you lost the case to Wave and was sentenced to life in prison without parole.. Damn, seems like money can buy anything.. who was the judge I wonder..Waveski? Jury? Probably someone emphatetic like Jolita..
Damn, I was really hoping days of the infamous candle maker Pat were gone. Pffff
  • #675,507
  • Aug 14, 2022 12:41pm Aug 14, 2022 12:41pm
Quoting TheWolf
{quote} You are out? I thought you lost the case to Wave and was sentenced to life in prison without parole.. Damn, seems like money can buy anything.. who was the judge I wonder..Waveski? Jury? Probably someone emphatetic like Jolita.. Damn, I was really hoping days of the infamous candle maker Pat were gone. Pffff
may be doing a bearish J hook.
  • #675,508
  • Aug 14, 2022 1:44pm Aug 14, 2022 1:44pm
Have a consolidation between the MA50-Daily and the MA200-H4. Probably we will see an trap before the next up movement around 1.26

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Together we can be strongest
Vantage Return This Month: na
  • #675,509
  • Aug 14, 2022 3:55pm Aug 14, 2022 3:55pm
GBPUSD price action on the daily time frame is tackling the 1.23325/1.21530 horizontal resistance zone (red) which has been in existence since June 21. Based on the recent technical pattern and the top wicks on recent candlestick prints we may see further bullish move before a southward turnaround.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #675,510
  • Aug 14, 2022 5:02pm Aug 14, 2022 5:02pm
still bearish cable.
  • #675,511
  • Aug 14, 2022 5:10pm Aug 14, 2022 5:10pm
its below the daily pp as well....bearish baby!!!
  • #675,512
  • Aug 14, 2022 5:55pm Aug 14, 2022 5:55pm
Quoting TheWolf
{quote} Hello! You mean percentage of traders that are long and short at the certain moment or? If it's about this, then you can have it for free, I'll give it to you. Just for you only you can it for free and by free I mean 100K of Euros. I don't think 100K should be a problem now that Euro is this weak right? Haha LoL . Just kiddin'. If you mean Client Sentiment I use these two websites: links: https://www.dailyfx.com/sentiment https://forexclientsentiment.com/client-sentiment If you meant something else sorry,...

Howdy,

Thanks for your response!

King regards,

RD
  • #675,513
  • Aug 14, 2022 6:10pm Aug 14, 2022 6:10pm
meh
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be a thinker before being a reacter
  • #675,514
  • Aug 14, 2022 7:04pm Aug 14, 2022 7:04pm
SL hit by broker spread...LoL..40 pips spread at market open
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  • #675,515
  • Edited 9:22pm Aug 14, 2022 7:17pm | Edited 9:22pm
2120 ..up to daily pivot point or 2170 for now. Stop 2107

Though I see a daily bear candle today.
Intraday only.
  • #675,516
  • Aug 14, 2022 7:41pm Aug 14, 2022 7:41pm
Here we are..at middle bb h1..break to test friday high ..or deep down to 1.2050
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  • #675,517
  • Aug 14, 2022 8:52pm Aug 14, 2022 8:52pm
Quoting voeltoez
SL hit by broker spread...LoL..40 pips spread at market open {image}
You can totally expect that sort of shit from the broker.
I've had trades that were about to head in the right direction get whacked by crazy spreads at market open.
The trick is - of course - to never leave trades open into the weekend.
Lesson learned.
  • #675,518
  • Aug 14, 2022 8:59pm Aug 14, 2022 8:59pm
Quoting EvilEye
{quote} You can totally expect that sort of shit from the broker. I've had trades that were about to head in the right direction get whacked by crazy spreads at market open. The trick is - of course - to never leave trades open into the weekend. Lesson learned.
For now i enjoy using this broker..my fault forgot to delete stoploss yesterday..lol
  • #675,519
  • Aug 14, 2022 9:00pm Aug 14, 2022 9:00pm
Quoting voeltoez
SL hit by broker spread...LoL..40 pips spread at market open {image}
i had such slippage happened to me a few times. but not at market open. (i usually do not leave positions over the weekend)

From oanda few months ago, ~25 pips slippage at close to nyse closing.
I complained to oanda and they say everything is normal. i asked many times directly to clarify if 25 pips slippage is normal during trading hours however they did not answer directly and say everything is normal. -_-

I immediately open another brokerage account.
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  • #675,520
  • Aug 14, 2022 9:01pm Aug 14, 2022 9:01pm
Go bear go..all set stoploss to 1.2152
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