Cable Update (GBPUSD)

Quoting dantpm

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{quote} I think everyone drinks more coffee than tea! It's principles! It's stereo types! If you're a witch you have a cat. If your a magician you have a wand. Bookworms and geeks wear glasses.

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Quoting JayBag

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{quote} Hi RH, It looks as though it's just the two of us trading Bitcoin over the weekend. Anyway, I am thinking of selling a few and joining the buyer's side a bit later. This is how my chart currently looks: {image}

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Quoting Robinhood1

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{quote} There is some room according to W%R on a 1 min tf 864 lenght {image}

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Quoting pipcenturion

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{quote} Hi RH, do you have any specific reason for using 864 periods?

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Quoting Robinhood1

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{quote} 8.6, 86, 860 and so on is a cycle. # 4 i cannot recall why is there.

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Quoting Robinhood1

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{quote} these could be minutes, years etc

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Quoting Robinhood1

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{quote} It si natural law, why this happens, no idea

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Quoting Robinhood1

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{quote} It is not only trading you can find this cycle. It applies to history events for example. This is how some major events can be predicted in advance

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Quoting JayBag

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{quote} True this. I learned a lot about cycles while using "Timing Solutions"

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Quoting Robinhood1

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{quote} Hi PC. 8.6, 86, 860 and so on is a cycle. # 4 i cannot recall why is there.

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Quoting Robinhood1

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{quote} everything cycles. The day is a 24hours cycle

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Quoting Bones

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green is good if price bounces off it in a bullish market {image} {image}

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Quoting pipcenturion

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{quote} Thanks for the explanation. I am grateful.

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Quoting Robinhood1

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{quote} PC. Now I remember why 8640 specifically. The common denominator 6 links us to geometry. 6 x 60 = 360, a circle. In fact, 6 was the basis of mathematics thousands of years ago. I suppose that the pyramids were built taking into account this number. If we multiply 1440 minutes that a day has by 6 we get 8640. The decimal system has been a delay and even so we have advanced. Imagine with the 6

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Quoting Robinhood1

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{quote} That Algo is for day to day rippng where there is no supports or resistence. Real supports or resistences are basically at reversals and then same direction. This is why most traders fail trying to catch back and forth. Its hard to survive but not impossible. The most powerful Algo´s scammers trades against the victim which is normally a top trader. So it does not matter to be underwater 90% of the time as long you are facing right direction and not overtrading. You may take days or weeks underwater but eventually can times by several your...

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Quoting LvMMT

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{quote} exactly...you said it right... thank you RH! God bless you RH and God bless everyone!

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Quoting Robinhood1

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{quote} PC. Now I remember why 8640 specifically. The common denominator 6 links us to geometry. 6 x 60 = 360, a circle. In fact, 6 was the basis of mathematics thousands of years ago. I suppose that the pyramids were built taking into account this number. If we multiply 1440 minutes that a day has by 6 we get 8640. The decimal system has been a delay and even so we have advanced. Imagine with the 6

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Quoting Robinhood1

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{quote} PC. Now I remember why 8640 specifically. The common denominator 6 links us to geometry. 6 x 60 = 360, a circle. In fact, 6 was the basis of mathematics thousands of years ago. I suppose that the pyramids were built taking into account this number. If we multiply 1440 minutes that a day has by 6 we get 8640. The decimal system has been a delay and even so we have advanced. Imagine with the 6

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