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Cable Update (GBPUSD)

  • #708,521
  • Nov 21, 2022 7:37pm Nov 21, 2022 7:37pm
Quoting Yngwie
Long 1.1825
Quoting Yngwie
{quote} reload 1.1799
closed 88 pips

Quoting Yngwie
OK thats enough. btw for me price shall not pass 1.1750 today
Today highest 1.2000 or lowest 1.1650
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #708,522
  • Nov 21, 2022 7:57pm Nov 21, 2022 7:57pm
Reverse Pymiding
LineChart 　CandleHighLowBand　Cross Lots 1:2:3
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  • #708,523
  • Nov 21, 2022 8:15pm Nov 21, 2022 8:15pm
Reverse Pyramiding: When the Linechart crosses the price high-low average band upward and expands, if the Line enters inside, short with lots= 1, after rebounding again and rising, if Line enters inside again, lots=2 Addition, SL is above the BB upper side (loss cut when BB expands and goes up) Take profit touches below the band, or closes when DMA5 touches and rebounds 　lotsratio 1:2:3
  • #708,524
  • Edited 9:12pm Nov 21, 2022 8:19pm | Edited 9:12pm
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  • #708,525
  • Nov 21, 2022 9:05pm Nov 21, 2022 9:05pm
Quoting Bella.al
{quote} Current Rate : 1.18432 Long GBPUSD : 1.18424 S/L : 1.18228 Objective : 1.2007 -Bella's Blue: {image}
As I told you befor, this area is a correction
This chart is for you Bella...
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  • #708,526
  • Nov 21, 2022 9:25pm Nov 21, 2022 9:25pm
Quoting Bryan5229
{quote} Since price failed to push all the way to 1.20567 , instead price broke out of 30min range, now I'm buying small to 1.18563 resistance area.
1.18563 was hit while I was sleeping, will wait now for next trade opportunity.
Plan your trades and trade your plan.
  • #708,527
  • Nov 21, 2022 9:32pm Nov 21, 2022 9:32pm
Quoting Bryan5229
{quote} Price broke out of the low, IMO this is range expansion.
30min GU, price after creating range expansion it accelerated to break above the range creating a minor uptrend, in order to sell price will have to create a reversal pattern of some sort on the 30 min chart.
Plan your trades and trade your plan.
  • #708,528
  • Nov 21, 2022 10:24pm Nov 21, 2022 10:24pm
like thief in the night
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yes yes yes
  • #708,529
  • Edited 11:17pm Nov 21, 2022 10:56pm | Edited 11:17pm
GU 5min, price is inside a range with a high at 1.18609 and low at 1.18494

(Update)
New high at 1.18571 and new low at 1.18475
Plan your trades and trade your plan.
  • #708,530
  • Nov 21, 2022 11:01pm Nov 21, 2022 11:01pm
Quoting Bryan5229
EU broke out of 4hr range and price left support turned resistance area (1.03002) untetested.
EU 4hr, 1.03002 is still untested.
EU 30min, we have minor bullish structure building up.
Plan your trades and trade your plan.
  • #708,531
  • Nov 21, 2022 11:29pm Nov 21, 2022 11:29pm
Quoting Bryan5229
GU 5min, price is inside a range with a high at 1.18609 and low at 1.18494 (Update) New high at 1.18571 and new low at 1.18475
Support has been broken, on the 5min chart we are on bear trend.
I would take a short trade here but because higher timeframe (30 min) is in bull trend I'm gonna sit and wait for 5min to create a reversal to go long.
Plan your trades and trade your plan.
  • #708,532
  • Nov 21, 2022 11:37pm Nov 21, 2022 11:37pm
switched to short
long uj
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yes yes yes
  • #708,533
  • Nov 21, 2022 11:39pm Nov 21, 2022 11:39pm
Quoting Bryan5229
{quote} Support has been broken, on the 5min chart we are on bear trend. I would take a short trade here but because higher timeframe (30 min) is in bull trend I'm gonna sit and wait for 5min to create a reversal to go long.
It appears that GU might see a gap from the run up last night that it is moving to fill.
A test of 1.182?
  • #708,534
  • Nov 21, 2022 11:40pm Nov 21, 2022 11:40pm
EDIT: buy limit @ 1.18149 SL 1.17871 TP 1.188 TP2 1.1914
How to succeed in zero sum game?
  • #708,535
  • Nov 21, 2022 11:44pm Nov 21, 2022 11:44pm
Gbpusd and gold currently short.
  • #708,536
  • Nov 21, 2022 11:44pm Nov 21, 2022 11:44pm
Quoting Bella.al
{quote} Hello, You can find many pivot indicators on Forex Factory , I have manually added some features to normal pivot indicator for guidance and is not part of normal pivots. -bella.
Got it, thanks
  • #708,537
  • Nov 21, 2022 11:45pm Nov 21, 2022 11:45pm
Quoting dantpm
{quote} It appears that GU might see a gap from the run up last night that it is moving to fill. A test of 1.182?
It's possible that price can test 182, but I'm watching 1.18196 as last level to hold the falling price but anything can happen.
Plan your trades and trade your plan.
  • #708,538
  • Nov 21, 2022 11:50pm Nov 21, 2022 11:50pm
Gbpusd trend is long.
  • #708,539
  • Nov 21, 2022 11:52pm Nov 21, 2022 11:52pm
Quoting Houtbay
Gbpusd trend is long.
Which TimeFrame are you looking at?
Plan your trades and trade your plan.
  • #708,540
  • Nov 21, 2022 11:58pm Nov 21, 2022 11:58pm
Will come back if anything develops.
Plan your trades and trade your plan.
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