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Cable Update (GBPUSD)

  • #714,841
  • Dec 16, 2022 4:12am Dec 16, 2022 4:12am
Quoting dantpm
{quote} The indicator relies on two moving averages, a 14 and a 34. I changed the colors of the 14 so I would know when it was on top and bottom. Then I checked, 14 on top confirms price is moving up, 14 on bottom clearly shows price moving down. Results in less chop!
Consider evaluating MA(16) and MA(64) instead.
To free Gazans of Hamas, use whatever it takes.
  • #714,842
  • Dec 16, 2022 4:12am Dec 16, 2022 4:12am
Quoting BeeTogether
{quote} 1225-1228 looks like a challenge but I suppose do able
not that hard challenge, dont worry you will be green.
Trust the process!
  • #714,843
  • Dec 16, 2022 4:22am Dec 16, 2022 4:22am
Quoting Moty
gu will frop to 1.20060 at least today {image}
They hunted the stop loss of the bulls and now they will hunt the stop loss of the bears.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #714,844
  • Dec 16, 2022 4:24am Dec 16, 2022 4:24am
Quoting Yngwie
test again Long 1.2125 SL 1.2100
Closed 35 pips
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #714,845
  • Dec 16, 2022 4:25am Dec 16, 2022 4:25am
Quoting Pat Chiko
{quote} Nice call Whale. Maybe she want to test 1.23000 level. ?
maybe bro.. lets say 1.2275
like the tuktuk drivers in Bangkok -not me not you.
  • #714,846
  • Dec 16, 2022 4:26am Dec 16, 2022 4:26am
Quoting DrDave
{quote} Consider evaluating MA(16) and MA(64) instead.
Changing the MA values has no impact on the curves...
  • #714,847
  • Dec 16, 2022 4:27am Dec 16, 2022 4:27am
...current oscillator states:

Bullish regular div - 5min, 15min, 30min, 1hr, and 4hr o/s @ current dly lo.
Bearish hidden div - 5min, may stay valid whilst price under 2185.

1hr below
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Trader with an Edge.
  • #714,848
  • Dec 16, 2022 4:28am Dec 16, 2022 4:28am
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yes yes yes
  • #714,849
  • Dec 16, 2022 4:32am Dec 16, 2022 4:32am
... there will be a LL on 4hr now @ the current dly lo or lower after the L @ y/day's lo formed under the last 6 x HL's on this t/f...price pulled back from here to form a LH @ today's current dly hi..

4hr below
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Trader with an Edge.
  • #714,850
  • Dec 16, 2022 4:36am Dec 16, 2022 4:36am
Quoting dantpm
{quote} Changing the MA values has no impact on the curves...
Of course changing the value will have an impact on the curves! The larger values will have crossings later than the smaller values. In addition, larger values give you information about higher TFs. And a TF that is 4X away will for certain have a different curve than a TF 2X away.
To free Gazans of Hamas, use whatever it takes.
  • #714,851
  • Dec 16, 2022 4:37am Dec 16, 2022 4:37am
Quoting Moty
{image}
pivot weekly is the target again.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #714,852
  • Dec 16, 2022 4:45am Dec 16, 2022 4:45am
Quoting DrDave
{quote} Of course changing the value will have an impact on the curves! The larger values will have crossings later than the smaller values. In addition, larger values give you information about higher TFs. And a TF that is 4X away will for certain have a different curve than a TF 2X away.
I believe that there may be a problem with the indicator not working the way that it is intended. It is difficult to gauge the impacts. Ostensibly there is no change with the settings your proposed. I tried several others and in a couple of cases the curves moved marginally.
  • #714,853
  • Dec 16, 2022 4:45am Dec 16, 2022 4:45am
Quoting palpite
{quote} They hunted the stop loss of the bulls and now they will hunt the stop loss of the bears.
You were right looks like stop hunt
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yes yes yes
  • #714,854
  • Dec 16, 2022 4:48am Dec 16, 2022 4:48am
...we had it 1st on 5min, then 15min, then 30min - ie a reversal candle (hammer on 30min) closing outside the 20bol, with the regular bullish div @ that potential supp zone. I'll stop pointing these out now, I've given enough examples over the last few mths.

30min below
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Trader with an Edge.
  • #714,855
  • Dec 16, 2022 4:49am Dec 16, 2022 4:49am
Quoting cchin
{quote} Agree. {quote} Agree. --- I'm looking for a slightly stronger yen during the H1 '23, independent on yen macro fundamentals, but more on a weaker US dollar driving the scene. That short position was open at 137.8. It could go up to 141.8 level, which means I'll add couple more shorts to it. Mdium term, I'm looking at that 133.3 level, and if it reaches, I might close my position. Eventually, it's going to go down to much lower levels, say, in the mid-120s. I use a much smaller position size, so any concern of over-lever is ruled out entirely....
Thats Ok. I See Your Plan.

Probably Will Work.

USDJPY Will Move Down After Some Time In 2023.
Shekh In Desert
  • #714,856
  • Dec 16, 2022 4:50am Dec 16, 2022 4:50am
Quoting palpite
{quote} pivot weekly is the target again.
where’s the weekly pivot area?
Insane in the Brain..
  • #714,857
  • Dec 16, 2022 4:52am Dec 16, 2022 4:52am
Dont Believe It

There are very less "no of people" on cable thread this evening

Anyway even I have taken a day off from trading today I dont know why just felt like its too slow and wintry

Desert is simmering for the New Year

Shekh In Desert
  • #714,858
  • Dec 16, 2022 4:53am Dec 16, 2022 4:53am
Quoting Mauro-J
CABLE so far, "LONG" is not confirmed until 1.22216 is broke Beware for STOP HUNT for those who jump into long but too soon, or maybe MMs will fill another SM long queue at lower prices during London Session. At the moment I haven't had time to mark the area for shorts at the lower TF. The general reference for the swing HTF is still using the plotted areas that I have previously posted. Currently, the market has entered the London session. And in 1 hour there will be HRs (High Impact News) released. Now, the price is back to the historical consolidation...
Plan Changed already according to the new hint based on lower TF
Long Trade Opened, Long GU on progress now.
Just testing on M5.
TP is not set- yet,
Let's see.
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"Bulls make money, Bears make money, but hogs get slaughtered"
  • #714,859
  • Dec 16, 2022 4:55am Dec 16, 2022 4:55am
Quoting Moty
{quote} You were right looks like stop hunt {image}
Rallies propagating upward through the TFs in a larger down swing are not necessarily stop hunts. And thus far today, the up moves are acting like mere rallies.
To free Gazans of Hamas, use whatever it takes.
  • #714,860
  • Dec 16, 2022 4:56am Dec 16, 2022 4:56am
Quoting Moty
{quote} You were right looks like stop hunt {image}
Or they are trying to force the price into a trading range where they will simply milk liquidity.
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