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Cable Update (GBPUSD)

  • #709,341
  • Nov 25, 2022 2:48am Nov 25, 2022 2:48am
Quoting billytt
{quote} t 08-40 uk Cable, our 04-00 to 08-00 4 hour candle was an outside candle.... The low of this candle has been broken at 12091, and price then moved up. Should price break the high of the outside candle at 12127, we will then have a good probability of price continuing to go long. This isnt a guarantee, but we can then play with theDaily Range. trade well i'll pop a chart in soon. t 08-44
t 08-46 uk.
Cable 4 hour chart just copied.
1 = the 04-00 to 08-00 4 hour candle.
2 = the 08-00 to 12-00 4 hour candle and still forming.
The low has of 1= has broken and price moved back up.
The bias is still short until 1= high is broken..
Trade well .

Attached Image (click to enlarge)
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t 08-48
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #709,342
  • Nov 25, 2022 2:49am Nov 25, 2022 2:49am
Quoting billytt
{quote} t 08-40 uk Cable, our 04-00 to 08-00 4 hour candle was an outside candle.... The low of this candle has been broken at 12091, and price then moved up. Should price break the high of the outside candle at 12127, we will then have a good probability of price continuing to go long. This isnt a guarantee, but we can then play with theDaily Range. trade well i'll pop a chart in soon. t 08-44

I understand, but it's still time to wait and see what happens, and if anything worth risking my money on comes along for me to pounce on. If not, I just stay in the long grass and wait
I am neither brave nor stupid...I am just a part time trader
  • #709,343
  • Nov 25, 2022 2:52am Nov 25, 2022 2:52am
Quoting Robinhood1
{quote} Dragon is going to 173/74 area fast
Gbpjpy
Above 174 as it stands. Just waiting for the Algo to get tied trying to bring price down
POSTMASTER
  • #709,344
  • Nov 25, 2022 2:54am Nov 25, 2022 2:54am
Today first trade
Attached Image (click to enlarge)
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  • #709,345
  • Nov 25, 2022 2:59am Nov 25, 2022 2:59am
Uj trade..
Tp1 142.20
Tp2 145.00
Attached Image (click to enlarge)
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Peace Yo!
  • #709,346
  • Nov 25, 2022 2:59am Nov 25, 2022 2:59am
Quoting Whale
{quote} Who are the big boys? Do they trade manually by sitting infront of the PC?
By large investors I mean financial institutions that invest billions and are the market movers. I accept your irony, generally except those who trade with eas are in front of the computer giving orders to the market and in large institutions there are trading rooms where hundreds of traders are giving orders to the market. These same institutions in turn have offices in buildings near wall street from where they operate with algorithms that launch thousands of orders in seconds. But I suppose I already knew all this.
  • #709,347
  • Nov 25, 2022 3:03am Nov 25, 2022 3:03am
Gj trade
Tp1 169
Tp2 170.40
Attached Image (click to enlarge)
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Peace Yo!
  • #709,348
  • Nov 25, 2022 3:03am Nov 25, 2022 3:03am
Quoting navk
{quote} Yes, I expect minimum 2050. NY being holiday, I doubt if 2150 will again be tested.
Going to sleep now guys.

The price testing 2050.. or not. Do not know and do not care.

My pocket is filled somewhat... took short trades and all closed in line with my short trade idea early in Asia.

May not trade NY today.

Monday, I am off. I am travelling long distance and will be back in my trading desk on Tuesday.

Attached Image(s) (click to enlarge)
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Intraday only.
  • #709,349
  • Nov 25, 2022 3:03am Nov 25, 2022 3:03am
Quoting Indiara
{quote} I understand, but it's still time to wait and see what happens, and if anything worth risking my money on comes along for me to pounce on. If not, I just stay in the long grass and wait
Plus,,,,,,,, it is Friday.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #709,350
  • Nov 25, 2022 3:06am Nov 25, 2022 3:06am
Quoting jmss59
{quote} By large investors I mean financial institutions that invest billions and are the market movers. I accept your irony, generally except those who trade with eas are in front of the computer giving orders to the market and in large institutions there are trading rooms where hundreds of traders are giving orders to the market. These same institutions in turn have offices in buildings near wall street from where they operate with algorithms that launch thousands of orders in seconds. But I suppose I already knew all this.
Maybe

check when GU made historical low..
  • #709,351
  • Nov 25, 2022 3:09am Nov 25, 2022 3:09am
One of my mt4 keep disconnecting often today.

I do not know why.

I can not fight with provider, instead, taking rest is best.

Second mt4 running nicely.




Intraday only.
  • #709,352
  • Nov 25, 2022 3:10am Nov 25, 2022 3:10am
Gu today trade underwater...

GJ slower move than UJ!
Attached Image (click to enlarge)
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Peace Yo!
  • #709,353
  • Nov 25, 2022 3:15am Nov 25, 2022 3:15am
I love Bones !!
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You Too?
  • #709,354
  • Nov 25, 2022 3:17am Nov 25, 2022 3:17am
Quoting Indiara
{quote} I understand, but it's still time to wait and see what happens, and if anything worth risking my money on comes along for me to pounce on. If not, I just stay in the long grass and wait
It is just chop with mixed up and down signals in multiple time frames.
  • #709,355
  • Nov 25, 2022 3:17am Nov 25, 2022 3:17am
Quoting suhas316
Buy US Crude Oil Spot Target 100 pips {image}
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!! Radha Radha !!
  • #709,356
  • Nov 25, 2022 3:18am Nov 25, 2022 3:18am
Quoting navk
One of my mt4 keep disconnecting often today. I do not know why. I can not fight with provider, instead, taking rest is best. Second mt4 running nicely.
I had a similar problem a week ago that I couldn't explain. Had the provider diagnose the line but they couldn't find any problems. After a couple of hours it went away. CSIS spying on you!
  • #709,357
  • Nov 25, 2022 3:20am Nov 25, 2022 3:20am
Quoting suhas316
Buy US Crude Oil Spot Target 100 pips {image}
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 6 KB
!! Radha Radha !!
  • #709,358
  • Nov 25, 2022 3:21am Nov 25, 2022 3:21am
Quoting Robinhood1
trying long cadjpy 103.80
Cadjpy.
Nice channel setting up. BTW, you guys could never dream of creating a channel always
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POSTMASTER
  • #709,359
  • Nov 25, 2022 3:22am Nov 25, 2022 3:22am
Quoting dantpm
{quote} I had a similar problem a week ago that I couldn't explain. Had the provider diagnose the line but they couldn't find any problems. After a couple of hours it went away. CSIS spying on you!
ha..ha..
You do not need sleep ?

What is your time zone ?

I usually goto sleep after LO is finished.

The come back for NY
Intraday only.
  • #709,360
  • Nov 25, 2022 3:22am Nov 25, 2022 3:22am
Quoting suhas316
Buy US Crude Oil Spot Target 100 pips {image}
Near 100 pips
Attached Image (click to enlarge)
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!! Radha Radha !!
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