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Cable Update (GBPUSD)

  • #713,301
  • Dec 11, 2022 3:04pm Dec 11, 2022 3:04pm
Quoting pipcenturion
{quote} If the indicator is not getting to the sell extreme, it means the trend is to the buy side right?
I go with the trend which is buy and thus you can see just hits once at lower band at every low wheras selling from the upper band is bouncing more than once. But the key is to find trend first.
POSTMASTER
  • #713,302
  • Dec 11, 2022 3:05pm Dec 11, 2022 3:05pm
[quote=Whale;14251613]Dxy up move monday is expected {image}[/quote

Just opinion but I don't think it will get as high as you project

105.134-105.600 I think it will sell off sharply
  • #713,303
  • Dec 11, 2022 3:09pm Dec 11, 2022 3:09pm
I beleive to have detected a swing up UJ and just need to wait for an entry. If so, buying on the way up will produce when indicator hitting just once so drawdown is not so dramatic
POSTMASTER
  • #713,304
  • Dec 11, 2022 3:14pm Dec 11, 2022 3:14pm
Quoting Robinhood1
I beleive to have detected a swing up UJ and just need to wait for an entry. If so, buying on the way up will produce when indicator hitting just once so drawdown is not so dramatic
Swings resume when filling gap BTC around 20/21K and UJ 150/151. GJ 171/2. Then i will have to see what happens, have not gotten to that stage
POSTMASTER
  • #713,305
  • Dec 11, 2022 3:26pm Dec 11, 2022 3:26pm
That's Sydney open, looking for selling around here initially

Let's see how Asia develops, it will give us a clear view of how to approach Frankfurt
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  • #713,306
  • Dec 11, 2022 3:47pm Dec 11, 2022 3:47pm
Although GBPUSD price action on the daily time frame lost bullish momentum after driving into the 1.20000/1.23120 horizontal resistance zone (purple) seen on the weekly time frame, we should not expect significant southward rotation. We may still see further northward move in the early part of this week.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #713,307
  • Edited 6:03pm Dec 11, 2022 4:05pm | Edited 6:03pm
NY LON stop runs fixed Nail polish weekly pivot bounce off ema too stopandreverse hit btw 3 day hilo 61.8-1,2240 38.2-1.21891 watch 4 hr close
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Asian markets https://finance.yahoo.com/news/morni...214500880.html
  • #713,308
  • Dec 11, 2022 4:15pm Dec 11, 2022 4:15pm
Quoting Robinhood1
I beleive to have detected a swing up UJ and just need to wait for an entry. If so, buying on the way up will produce when indicator hitting just once so drawdown is not so dramatic
What happens if 2 different naturally harmonic numbers are producing EXACTLY same values on the indicator on a particular time frame?
  • #713,309
  • Edited 6:05pm Dec 11, 2022 4:21pm | Edited 6:05pm
Since the Bullish trend is dominant, and since there is a low-risk opportunity for buying...I bought from this point and risked a reasonable amount

And just like KeenPips, I expect the price to make a move towards higher levels.

Best Regards

EDIT: I GOT STOPPED

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Imagination rules the world ...
Selym Hyll Return This Year: na
  • #713,310
  • Dec 11, 2022 5:02pm Dec 11, 2022 5:02pm
Quoting pipcenturion
{quote} What happens if 2 different naturally harmonic numbers are producing EXACTLY same values on the indicator on a particular time frame?
I don´t fully understand your question. Its an equation. Divide 1440 minutes by tf and x by 6 which is a full cycle. If its hourly bars 24 x 6, 4h bars 6 bars in a day x 6 full cycle.
POSTMASTER
  • #713,311
  • Dec 11, 2022 5:30pm Dec 11, 2022 5:30pm
H1, H4 Liquidity taken and price is currently at a daily level..
I'm short
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My telegram: https://t.me/avidforex
  • #713,312
  • Dec 11, 2022 5:57pm Dec 11, 2022 5:57pm
Will try long at support H4
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Peace Yo!
  • #713,313
  • Dec 11, 2022 6:01pm Dec 11, 2022 6:01pm
Quoting ToSatisfy
{quote} Satisfies Me. 100 Pips My Target Stands approx 1.23889 1.24270 wraps it up. Gets there Thank you very much.

I am little late to post this

But I took some out of previous buy - 30 pips around and I am Short

My target still stays 100 pips I am a little late to post this
I was seeking out Desert Rose Haha
I mean I was waiting for spread to normalize
Anyway little late so had to take out - 30 pips

Lets see will update if this stops somewhere I dont believe it it didnt release everything on friday
Anyway its Market
It looks like it took out the Highs to take some fuel to cash down

I Target 100 pips and I think it may be achieved by Today

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Shekh In Desert
  • #713,314
  • Dec 11, 2022 6:59pm Dec 11, 2022 6:59pm
Hold short from last week. Profit locked. Decide to close or not in next 2 hour candle if not hit trailing SL.
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #713,315
  • Dec 11, 2022 7:02pm Dec 11, 2022 7:02pm
Quoting ToSatisfy
{quote} I am little late to post this But I took some out of previous buy - 30 pips around and I am Short My target still stays 100 pips I am a little late to post this I was seeking out Desert Rose Haha I mean I was waiting for spread to normalize Anyway little late so had to take out - 30 pips Lets see will update if this stops somewhere I dont believe it it didnt release everything on friday Anyway its Market It looks like it took out the Highs to take some fuel to cash down I Target 100 pips and I think it may be achieved by Today {image}

Shekhs Desert Rose

https://mega.nz/file/w9IzBKCa#IGGZHC...MdM68xS70p1dUY
Shekh In Desert
  • #713,316
  • Dec 11, 2022 7:15pm Dec 11, 2022 7:15pm
I Update My Target To 1.21744 That Is 70 Pips

Not this time 100 Pips

As I was late to enter
Shekh In Desert
  • #713,317
  • Dec 11, 2022 7:26pm Dec 11, 2022 7:26pm
Quoting palpite
Sell - 1.2210
Quoting palpite
add sell - 1.2185
trades closed - 1.2224
Together we can be strongest
Vantage Return This Month: -97.0%
  • #713,318
  • Dec 11, 2022 7:42pm Dec 11, 2022 7:42pm
Quoting Jolita
Trying a sell from 12270. Tp 12220 or close of marked in 2 hours. {image}
Due to high spread on Friday trade carried over weekend. Closed in profit +50pips.
  • #713,319
  • Edited 8:14pm Dec 11, 2022 8:04pm | Edited 8:14pm
Things that make you go hmmm... real meat for real men
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What Is a Rebbe zog vs zog russia ukraine
  • #713,320
  • Dec 11, 2022 8:36pm Dec 11, 2022 8:36pm
Quoting Yngwie
Hold short from last week. Profit locked. Decide to close or not in next 2 hour candle if not hit trailing SL. {image}
Closed for 105 pips
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
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