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Cable Update (GBPUSD)

  • #729,901
  • Feb 17, 2023 5:49am Feb 17, 2023 5:49am
#GBPUSD / H1
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  • #729,902
  • Feb 17, 2023 5:53am Feb 17, 2023 5:53am
Quoting BigNumbers
watch 1.19285 ~1.19300 next 1.17743 ~ 17750

If the bear volume is high we shall get a break and retest then continuation but if the bear volume is low.. we shall get a pull back in form of a channel/range then a break out to the downside... watch out
??????
My telegram: https://t.me/avidforex
  • #729,903
  • Feb 17, 2023 5:54am Feb 17, 2023 5:54am
I have been since yesterday, I regret two entry opportunities I missed yesterday
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I'm enjoying the wins because I was once terrified by loses
  • #729,904
  • Feb 17, 2023 5:55am Feb 17, 2023 5:55am
Quoting Waveskierrob
Let's go SHORT and LONG 1.1936 no sl tp +5
SHORT tp hit +5.........maybe an idea for trading in a flat market...... only trouble is we'll never know when the flat will be....
  • #729,905
  • Feb 17, 2023 6:05am Feb 17, 2023 6:05am
GU BUY.

TP = 1.207XX

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  • #729,906
  • Edited 6:19am Feb 17, 2023 6:07am | Edited 6:19am
Quoting DrDave
{quote} LOL. Of course not! But statistically, it has been shown that price is ranging about 70% of the time. So just make an assumption that it's about to go ranging and you'll be right more times than you'll be wrong.
Which pair is in your opinion best for the system I use?

GBP/JPY?

I know there is Range in every pairs. However, did you perhaps notice some pair with not as much Range as other?

I also know that it depends on which situation we are, is there a war or something else going on..

I noticed it's best to trade currencies which have the most High-Impact News. Meaning USD. Maybe USD/JPY is the best for the system I use..?

Ranges are killing my profits. Not entirely, but a good part of it.

Man who created the system I use told that it's best to only trade when there is some High-Impact News for that particular currency on that particular day and avoid trading when there is no High-Impact News . He was probably right. I should stick to that and avoid the urge of trading when there is no major news on that day for that currency.

Thanks!
  • #729,907
  • Feb 17, 2023 6:15am Feb 17, 2023 6:15am
Quoting davelansing
{quote} Jeezus, there is no "conspiracy"... the EURUSD is dropping because, right now, traders deem that the USD is stronger than the Euro, on the other hand, the GBPUSD is going up, right now, because traders feel that the GBP is stronger than the USD. For the USDJPY, whether the USDJPY is dropping or climbing depends upon how traders deem the strength of the USD against the Yen.
Definitely, I think so too. there is not. Its me, i am on a lock price cycle. I was born so

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POSTMASTER
  • #729,908
  • Feb 17, 2023 6:16am Feb 17, 2023 6:16am
Buy. Don't worry.

Tp = 1.20670..........1.218xx
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  • #729,909
  • Feb 17, 2023 6:17am Feb 17, 2023 6:17am
Quoting Waveskierrob
Another SHORT just because it's friday 1.1947 no sl no tp
Closed SHORT 1.1922 +25 ...enough for a few beers...and more ...
  • #729,910
  • Feb 17, 2023 6:17am Feb 17, 2023 6:17am
very tight stop... price always dance in zones like this..
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My telegram: https://t.me/avidforex
  • #729,911
  • Feb 17, 2023 6:18am Feb 17, 2023 6:18am
add buy - 1.1922
Together we can be strongest
Vantage Return This Month: na
  • #729,912
  • Feb 17, 2023 6:19am Feb 17, 2023 6:19am
Quoting Robinhood1
{quote} Definitely, I think so too. there is not. Its me, i am on a lock price cycle. I was born so {image}
Coreg2004, could you pls display an elliott wave on my eurgbp chart. You have my consent
POSTMASTER
  • #729,913
  • Feb 17, 2023 6:22am Feb 17, 2023 6:22am
Quoting Waveskierrob
{quote} ¿A qué te refieres...
Hello, first thing in the morning (7am), I read a person say that he was going to lower the GBP, 100pips, I thought it was a laugh!, but after 1 lateral hour, it did not exceed 10 pips, be careful! that this man could be right! I take the laughter out of my face, I'm not a technical analyst, I'm a trend, when you read something of mine, it's to disconnect, many pips
  • #729,914
  • Feb 17, 2023 6:22am Feb 17, 2023 6:22am
Quoting Waveskierrob
{quote} Adding SHORT 1.2038 no sl no tp...this is money in the bag...
Bit of pruning closed SHORT 1.19028 +110 pips ....only the 2x SHORTS left running now...
  • #729,915
  • Feb 17, 2023 6:24am Feb 17, 2023 6:24am
Quoting Robinhood1
{quote} Coreg2004, could you pls display an elliott wave on my eurgbp chart. You have my consent
Here you go, mi amigo. You can put this elliot wave on the chart by yourself.
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To free Gazans of Hamas, use whatever it takes.
  • #729,916
  • Feb 17, 2023 6:27am Feb 17, 2023 6:27am
Quoting Uru
{quote} Hello, first thing in the morning (7am), I read a person say that he was going to lower the GBP, 100pips, I thought it was a laugh!, but after 1 lateral hour, it did not exceed 10 pips, be careful! that this man could be right! I take the laughter out of my face, I'm not a technical analyst, I'm a trend, when you read something of mine, it's to disconnect, many pips
Can anyone else help me out here???????
  • #729,917
  • Feb 17, 2023 6:30am Feb 17, 2023 6:30am
Quoting DrDave
{quote}Here you go, mi amigo. You can put this elliot wave on the chart by yourself. {image}

not everyone can play football
MY OPINION NOT FINANCIAL ADVISE
  • #729,918
  • Feb 17, 2023 6:32am Feb 17, 2023 6:32am
TP = ( RED - BLUE ) /2

or ( BLUE - RED ) /2

See my pic plz.


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  • #729,919
  • Feb 17, 2023 6:34am Feb 17, 2023 6:34am
Quoting Kimmymore
TP = ( RED - BLUE ) /2 or ( BLUE - RED ) /2 See my pic plz. {image}


its friday take what you get i target 1.1960
MY OPINION NOT FINANCIAL ADVISE
  • #729,920
  • Feb 17, 2023 6:38am Feb 17, 2023 6:38am
Quoting DrDave
{quote}Here you go, mi amigo. You can put this elliot wave on the chart by yourself. {image}
Hey Headlan .Tell your programmers to let price penetrate 1 or 2 pips when robbing traders. It wont look so ugly or i Will have to send some troops over there.
POSTMASTER
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