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Cable Update (GBPUSD)

  • #702,281
  • Nov 1, 2022 2:41am Nov 1, 2022 2:41am
Cable to reach 1.1200, slightly below and up
POSTMASTER
  • #702,282
  • Nov 1, 2022 2:44am Nov 1, 2022 2:44am
Quoting PatienceFx
{quote} i am trailing high or low of 3 candles, so wherever price stops, it quits on its own
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do not follow me 99.9999999% of times, rest you can lol
  • #702,283
  • Nov 1, 2022 2:46am Nov 1, 2022 2:46am
Support zone
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Compulsions can be hard to resist
  • #702,284
  • Nov 1, 2022 2:50am Nov 1, 2022 2:50am
Yeah S is here..
Hourly closing below 1.15 looks bad for Bulls.

If however price closes above 1.15 I think this price will be the price you could buy from today if you missed Asian Session..
This would mean this was retracement for the whole Asian Session worthy of 50 pips.., Asian Session gave 90.
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  • #702,285
  • Nov 1, 2022 3:01am Nov 1, 2022 3:01am
t 08-00
Epic,
cable 07-45 15 minute candle.
high broke for %%% very quick trade, even with a bit of spread,yaaaaaaaaaaaaaaaaaaay.
Do it agian with the 08-00 15 minute candle.
Trade well all.
t 08-01
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #702,286
  • Nov 1, 2022 3:04am Nov 1, 2022 3:04am
Come on
yes yes yes
  • #702,287
  • Nov 1, 2022 3:07am Nov 1, 2022 3:07am
G/M, Y/day's dly candle bearish but a bounce off the prev sw hi = prev res =pot rbs zone on that dly t/f that started @1495. Closer to home - basically all up in asian session and a pullback in early London to top of a prev 30min sw lo zone results in another attempt toward the current dly hi zone, now a prev 1hr sw hi zone.

Dly then 1hr below
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Trader with an Edge.
  • #702,288
  • Nov 1, 2022 3:08am Nov 1, 2022 3:08am
Quoting Moty
Come on
Thankfully I entered Long as soon as the new Hourly candle created..
Now, I am long for today and this is my last entry for today..

GL everyone! I'm off..
Attached Image (click to enlarge)
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  • #702,289
  • Nov 1, 2022 3:09am Nov 1, 2022 3:09am
Will be on the forum though, but not trading anymore and not at Home!
  • #702,290
  • Nov 1, 2022 3:13am Nov 1, 2022 3:13am
Quoting TheWolf
{quote} Thankfully I entered Long as soon as the new Hourly candle created.. Now, I am long for today and this is my last entry for today.. GL everyone! I'm off.. {image}
you're chart looks neat. Can I have your indicators?
Thanks.
  • #702,291
  • Nov 1, 2022 3:13am Nov 1, 2022 3:13am
...will we see an upside follow thru off the bullish hidden div - 5min,? to a new current dly hi?
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There is a repeating pattern of 4hr bullish hidden div @ y/day's lo.
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Trader with an Edge.
  • #702,292
  • Nov 1, 2022 3:18am Nov 1, 2022 3:18am
Thank you for retracement chance to buy from low again
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #702,293
  • Nov 1, 2022 3:20am Nov 1, 2022 3:20am
GU
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!! Radha Radha !!
  • #702,294
  • Nov 1, 2022 3:20am Nov 1, 2022 3:20am
re dly, starting with 1495 we've had a LH, HL, LH, H, HL, and then a HH (@ last week's hi.)
Trader with an Edge.
  • #702,295
  • Nov 1, 2022 3:23am Nov 1, 2022 3:23am
I'm just having this believe that price is finding liquidity to go short...
My telegram: https://t.me/avidforex
  • #702,296
  • Nov 1, 2022 3:32am Nov 1, 2022 3:32am
t 08-29
Cable 08-00 15 minute candle break.
The high broke for 3.4 but that was enough a bit of slippage and spread which is standard but the manual trade helped me as my entry was just below the high, lol.
My bias is still long as posted but i would love to short the low break.
Trade well all.
t 08-32
Trade well all
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #702,297
  • Nov 1, 2022 3:33am Nov 1, 2022 3:33am
Quoting BigNumbers
I'm just having this believe that price is finding liquidity to go short...
Supporting your ' belief ' is bearish hidden div on 1hr that may stay valid under 1612. No next higher t/f - 4hr downtrend though. The downtrends exist on wkly/mthly though. 1hr/4hr are really in uptrends and even dly is showing signs of strength whilst it may not yet be in a fully formed up-trend.
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1hr below
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Trader with an Edge.
  • #702,298
  • Nov 1, 2022 3:34am Nov 1, 2022 3:34am
Quoting BigNumbers
I'm just having this believe that price is finding liquidity to go short...
If price hits my SL it means the whole Hourly candle has to wiped off. However, I have SL on entry so I don't mind. If that happens I'm done trading for today anyway..
  • #702,299
  • Nov 1, 2022 3:40am Nov 1, 2022 3:40am
...price has yet to close above 50% of mon hi - tues current lo as that prev 1hr sw hi zone = prev res =pot res sees supply emerge again on the 1st test of it.
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Price may end up 'treading water' till the main fundie events later this week starting tomorrow?
Trader with an Edge.
  • #702,300
  • Nov 1, 2022 3:42am Nov 1, 2022 3:42am
It seems this was typical London trash retracement of ~30 pips.
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