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Cable Update (GBPUSD)

  • #722,701
  • Jan 23, 2023 2:30pm Jan 23, 2023 2:30pm
Quoting DrDave
{quote} It appears that you are calculating a type of band indicator and then triggering an entry when price goes beyond the bands. If so, that would be very easy to setup a backtest and optimization in an application such as NinjaTrader and you can rather quickly determine if it is worth pursuing.
Yeah, I would agree. But it shouldn't be like that. I mean... Price should touch the band and reverse. Getting out of bands is just extreme. That's why I added it there however it's probably unfixable. I already had some ideas before. And to be honest, it's the same Idea I had years back, I'm just trying to do what I want to do. Sadly it's not that easy.

Wish me luck. :o)
  • #722,702
  • Jan 23, 2023 2:47pm Jan 23, 2023 2:47pm
Liking gbpusd long here as its coming into an area of value......may be watching for long entry if some bullish evidence.
  • #722,703
  • Jan 23, 2023 2:56pm Jan 23, 2023 2:56pm
Quoting Whale
My Hummus waves point on 1.2263 100p from here. short term. long term below parity.
Quoting mtako
{quote}Love that stuff, miam ! The following image is a subliminal message brought specially to this thread by Mr.TacoLove {image}
Make Lots of hummmus , not war.
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #722,704
  • Jan 23, 2023 3:15pm Jan 23, 2023 3:15pm
very technical pair!!
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e
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #722,705
  • Jan 23, 2023 3:30pm Jan 23, 2023 3:30pm
Quoting Erto
{quote}USA and Finland are said to be joining NATO, I'm taking my profit as soon as this is confirmed because it will strengthen the dollar
The USA helped form NATO after the end of the WW2. Are you sure you don't mean Ukraine?
  • #722,706
  • Jan 23, 2023 4:27pm Jan 23, 2023 4:27pm
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REDA_EL_HARAOUI
ELITE MOROCCO SNIPER All Time Return: 27.5%
  • #722,707
  • Jan 23, 2023 5:52pm Jan 23, 2023 5:52pm
sell - 1.2383
Together we can be strongest
Vantage Return This Month: na
  • #722,708
  • Jan 23, 2023 7:06pm Jan 23, 2023 7:06pm
Quoting Robinhood1
{quote} Still locking {image}
Kept Locked by AI

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POSTMASTER
  • #722,709
  • Jan 23, 2023 7:10pm Jan 23, 2023 7:10pm
Quoting pipfarm
Would expect this to keep going down Momentum divergence on the higher high plus RBS retest {image}
It's amazing how we learn everyday.

Thanks for sharing this chart set up.

I learnt from it.

Thanks again.
  • #722,710
  • Jan 23, 2023 9:12pm Jan 23, 2023 9:12pm
GU LONG
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My telegram: https://t.me/avidforex
  • #722,711
  • Jan 23, 2023 9:47pm Jan 23, 2023 9:47pm
For me...
SHORT @ 1.2388
  • #722,712
  • Jan 23, 2023 10:17pm Jan 23, 2023 10:17pm
So... 1.2360 is a buy?

My scenario is a 2nd retest of a previous weekly breakout level and we should see a run higher. My SL is -55. TP TBD but at least 3 RR.
  • #722,713
  • Jan 23, 2023 10:20pm Jan 23, 2023 10:20pm
Quoting GSGill
So... 1.2360 is a buy?
m5 confirmation should suffice
  • #722,714
  • Jan 23, 2023 10:44pm Jan 23, 2023 10:44pm
Quoting pipfarm
Would expect this to keep going down Momentum divergence on the higher high plus RBS retest {image}
Hi pipfarm, can you please tell if the weekly structure has been broken as new weekly candle made the new high.
  • #722,715
  • Jan 23, 2023 11:39pm Jan 23, 2023 11:39pm
Quoting navk
for today, a target close to 2320/25 is not impossible.
Have you had any success today? The tight range makes it difficult!

Easy targets are high and low of yesterday, do you have another one yet?
  • #722,716
  • Jan 23, 2023 11:46pm Jan 23, 2023 11:46pm
Quoting Georginson
Long at 1.2343... target 1.2550... second buy limit at 1.2313... both stop at 1.2297... Will leave positions open till Wednesday New York if it doesn't hit the stop.
Manually exited at 1.2393 +50 pips... I will put buy stop at 1.2455 in case of a break out today. So for today I will be selling any rise below 1.2445 till New York Market.
Data + Stat + Risk/Emotions Management
  • #722,717
  • Edited Jan 24, 2023 12:01am Jan 23, 2023 11:47pm | Edited Jan 24, 2023 12:01am
4 x 16 = 64 4/8 pvt lvl 8/8 pvt lvl H1 pvt lvl 16-64

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  • #722,718
  • Jan 24, 2023 12:14am Jan 24, 2023 12:14am
Quoting BrainBucks
For me... SHORT @ 1.2388
That level might be too early.
  • #722,719
  • Jan 24, 2023 12:14am Jan 24, 2023 12:14am
Keeping you up to date on what is happening in the world. Not pound / dollar specific. (Is anyone keeping up to date with the protests in Europe?)

Inserted Video
  • #722,720
  • Jan 24, 2023 12:17am Jan 24, 2023 12:17am
trend lines
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