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Cable Update (GBPUSD)

  • #705,481
  • Nov 9, 2022 3:37am Nov 9, 2022 3:37am
I knew it
Booked 58 $ in profit at the 200 ema band and switched to short
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yes yes yes
  • #705,482
  • Nov 9, 2022 3:37am Nov 9, 2022 3:37am
Quoting Pat Chiko
{quote} Hi Headland thank for your chart and comment. appreciate your valuable posting which kind of GPS when I'm lost. BTW. I'm going for target 1 option for NY trade. welcome any view. thanks pat CHIKO{image}
GU

Testing resistance. support
Try to short it .
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #705,483
  • Nov 9, 2022 3:40am Nov 9, 2022 3:40am
...1hr below
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Trader with an Edge.
  • #705,484
  • Nov 9, 2022 3:43am Nov 9, 2022 3:43am
Quoting Pat Chiko
{quote} I'm vegetarian, I prefer herbal......{image}
ohhh so thats how you time travel
Lou Vincii Code
  • #705,485
  • Nov 9, 2022 3:47am Nov 9, 2022 3:47am
Quoting Pat Chiko
{quote} GU Testing resistance. support Try to short it .{image}
GU

try luck
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #705,486
  • Nov 9, 2022 3:48am Nov 9, 2022 3:48am
My view is bullish background, fake break of previous low with high stopping volume at low.
Floated up with low volume so lack of sellers and passed the 14 ema. Also lined up with information from DXY, EUR, and not quite AUD.

There remains a good chance it will retest the low for a double bottom which SL is adjusted for.

First target 1hr retracement. Longer target 1.16

Also good chance this fake break pattern is just the pre pattern to the NY open where everyone has got stuck into sell at low prices.
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The markets are neutral to us. Our emotions are the enemy.
  • #705,487
  • Nov 9, 2022 3:50am Nov 9, 2022 3:50am
Quoting Pat Chiko
{quote} The rich are in the safe hand "The chancellor is not expected to increase the top rate of income tax, currently set at 45p, because this would breach the Conservative party’s 2019 election manifesto promise" The poor will be getting poorer.... "Chancellor Jeremy Hunt is examining plans to lower the £150,000 threshold at which Britons start paying the top rate of income tax, as part of efforts to fill a gaping hole in the public finances, according to officials."
£150,000 per year is not poor so can't really be defined as the poor getting poorer.
  • #705,488
  • Nov 9, 2022 3:55am Nov 9, 2022 3:55am
Quoting Headland
...5min bearish hidden div is now present but may stay valid if price pulls back further, difficult to say when it becomes invalid at the moment. Will update as necessary on that if still around. Remember too there really isn't a next higher t/f(+) downtrend to enter after a pullback, just a strong down move....so not an optimum set-up.
The 5min bearish hidden div is below but the caveats in my quoted post remain valid. It comes @ the 38.2% of the move down today.

5min below
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Trader with an Edge.
  • #705,489
  • Nov 9, 2022 3:57am Nov 9, 2022 3:57am
Quoting Pat Chiko
{quote} GU try luck{image}
GU

Set target 1
What did I do to deserve this love GBP/USD
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #705,490
  • Nov 9, 2022 3:57am Nov 9, 2022 3:57am
HI thats what i´m watching at the moment...
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  • #705,491
  • Nov 9, 2022 4:01am Nov 9, 2022 4:01am
Quoting Thenew
HI thats what i´m watching at the moment... {image}
Tell me more.
What are you watching. ?

Any tips for good set up ?

Thanks
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #705,492
  • Nov 9, 2022 4:01am Nov 9, 2022 4:01am
sorry wrong chart...
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  • #705,493
  • Nov 9, 2022 4:01am Nov 9, 2022 4:01am
For me, since this today's bears broke < the last +-50 trading hours, AND all this in such volatility Right After attack of significant resistances across the board(all the way to daily, and weekly if week ends low enough!), anything <1565 (heart of said resistance from 1min to 1W(oh common Mtako !)) has become a selling heaven.
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #705,494
  • Nov 9, 2022 4:05am Nov 9, 2022 4:05am
Quoting Pat Chiko
{quote} GU Testing resistance. support Try to short it .{image}

I know you are buying all along. What is resistance then immediate support please dont start
Keep the Lights on then you can catch the rise from the dark.
  • #705,495
  • Nov 9, 2022 4:07am Nov 9, 2022 4:07am
Quoting Pat Chiko
{quote} GU Set target 1 What did I do to deserve this love GBP/USD{image}
GU

Here comes the ranging.
Let it play a bit. I'll wait
Closed all trade.

Need to reevalaute on NYO.
May see different game.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #705,496
  • Nov 9, 2022 4:09am Nov 9, 2022 4:09am
Quoting ricmaj
{quote} I know you are buying all along. What is resistance then immediate support please dont start
This one may hold at bit to take stop.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #705,497
  • Nov 9, 2022 4:10am Nov 9, 2022 4:10am
Quoting Pat Chiko
{quote} Tell me more. What are you watching. ? Any tips for good set up ? Thanks
Well i will be buyng gbp if i see weakness on jpy as per my chart, rigth now usdjpy seems to have some bullish pressure
and a run up to 1 marked on my chart will be where i will go with GBP IF I SEE HH HL ON M15 GBP
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  • #705,498
  • Nov 9, 2022 4:10am Nov 9, 2022 4:10am
Quoting Pat Chiko
{quote} This one may hold at bit to take stop.{image}

Lol, well I was coping your trade
Keep the Lights on then you can catch the rise from the dark.
  • #705,499
  • Nov 9, 2022 4:11am Nov 9, 2022 4:11am
Quoting Pat Chiko
{quote} This one may hold at bit to take stop.{image}

Lol, well I was coping your trade thinking you are mister messiah
Keep the Lights on then you can catch the rise from the dark.
  • #705,500
  • Nov 9, 2022 4:11am Nov 9, 2022 4:11am
re 5min bearish hidden div...the histo oscillator has crossed it's zero axis so any deeper pullback above the current pullback hi means the set-up on this t/f would be invalid in those circumstances... would have to look for 10min/15min (+) bearish hidden div for any entry short higher up.
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