POSTMASTER
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Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
Disliked{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 6Ignored
Disliked{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...Ignored
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Disliked{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 6Ignored
Disliked{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 6Ignored
Disliked{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 6Ignored
DislikedGBPUSD should remain bullish for the near future and possibly medium future - 1.3 in sight, this area is a 'fair price zone' or volume Point of Control where cable was balanced for a significant time, I think we are almost certain to reach it although a retrace seems overdue, 5 consecutive bull weeks, however this last week has printed an inside bar which to me looks prime to break out in a new uptrend. {image} This view is supported by the indices, DXY in a downtrend, BXY in an uptrend. {image}{image}Ignored
Disliked{quote} Does mean rates will go up further which the markets like.Ignored
DislikedToo many powerful fundamentals lined up for next week, most notable is the US CPI for Tuesday, which usually produces 250 - 350 pips movement. 1.19 or 1.25 next week? The big question is which will happen? The bulls are already showing signs of exhaustion which may limit the bull run to 1.2460, in that case a sharp drop may begin. Caution is needed for next week.Ignored