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Cable Update (GBPUSD)

  • Post #719,101
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  • Edited Jan 9, 2023 6:47am Jan 8, 2023 5:47pm | Edited Jan 9, 2023 6:47am
Ill put a sell limit @ 1.21126 with 30 pips SL.

edit: stopped out, i was the liquidity
Trade what you see not what you think.
  •  dantpm
  • Joined Aug 2022 | Status: Stubborn, slow but still learning! | 2,048 Posts | Online Now
Quoting pipcenturion
{quote} They are very different sir. VWAP is volume weighted average price (known and used globally). While VAP is Volume Adjusted Price (created by me). I noticed something wasn't quite right with the computation for VWAP. They use the typical price (HLC/3) during their calculation. So I decided to veer off at that point and create my own approach to it.
Others are talking about volume adjusted price. Are you familiar with their approaches and can you contrast your approach to theirs?

When you are ready to talk about your approach, I am sure that people are interested. You appear to be pretty good with your predictions...
Stubborn, often slow but still learning!
For my longs targetting from friday i am targetting 1.21400+++
Extreme gut feeling trader
MontyGoldy - Road to 100k Return This Week: na
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Relax, focus and trade what you see. Copyright
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Weekly quote: I haven't failed, I've just found 10,000 ways that won't work
If it was easy... Everyone would do it!
  •  dantpm
  • Joined Aug 2022 | Status: Stubborn, slow but still learning! | 2,048 Posts | Online Now
Almost everything suggests that the USDX is continuing to fall for the time being. It is what the US gets for printing money instead of raising taxes to pay their bills!
Stubborn, often slow but still learning!
Quoting dantpm
Almost everything suggests that the USDX is continuing to fall for the time being. It is what the US gets for printing money instead of raising taxes to pay their bills!
They should keep playing!!
If it was easy... Everyone would do it!
  •  dantpm
  • Joined Aug 2022 | Status: Stubborn, slow but still learning! | 2,048 Posts | Online Now
Quoting BigNumbers
{quote} They should keep playing!!
Playing (kind of like Nero playing while Rome burned) or printing?
Stubborn, often slow but still learning!
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Quoting BigNumbers
{image} Weekly quote: I haven't failed, I've just found 10,000 ways that won't work
The Risk to Reward Ratio should send a clear message that Forex does not require high risk as the Algorithms can redirect at any given time.... Enjoy!
If it was easy... Everyone would do it!
LOL
Last weeks candle off resistance, suggests the $ may just dump from here.
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Good Vibes - In charts we trust
Pulchra All Time Return: -88.4%
Added sell.. target 1900...
Update
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Extreme gut feeling trader
MontyGoldy - Road to 100k Return This Week: na
sell - 1.2108

stop loss - 1.2130
Together we can be strongest
Quoting dempire1
Ill put a sell limit @ 1.21126 with 30 pips SL.
First TP is around that area. Lets hope for the miracles.
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Trade what you see not what you think.
If you are selling GU Wait for extra confirmation.. If the rejection on last week candle does not scare you, then you're very brave....

You see the wick on last weekly candle... study it...

I am not saying price can not come down as the Algorithm can change at any given time but for now it is better to wait...
If it was easy... Everyone would do it!
Quoting palpite
sell - 1.2108 stop loss - 1.2130
target - MA200-M1
Together we can be strongest
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Together we can be strongest
gbp/chf.
this pair should fall big, since the bulls are on vacation.

H1.
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