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cable short for gbpusd? 10 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Woooah this bull is on speed!! Now time to crash the MF
Insane in the Brain..
GBPUSD has just made a 4-month high, we have been in a range during that time.

Looking for buy pullback.

I'm not selling until i get a break of a trendline on 4hr.

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BTC/USD Trend Following EA Beta Testing All Time Return: 66.6%
Quoting Mitiblotch
{quote} Let's see if 2431 can stop it. I need to see 2324 area tested and then hold to consider a buy. But selling here is scary. {quote} What do you see from your analysis? You're a great at picking turning points.
im a true moron in this case, got stopped pretty quick. fell into the trap of talking myself into a weaker setup against my rules.

honestly was clutching at straws don't have my head screwed on straight today, clear EQH on hourly of course it was gonna shoot for them on a Tues

i sold GOLD at 1983 looking for 1971 then reverse buy

i believe GU will find a top at 1.2482ish
Quoting trumps
{quote} forex factory stats yesterday, showed about 68% were selling GBPUSD, not buying it.
Exactly whats in the chart I posted. When majority are selling price usually would shoot up. So from your post above if 68% on FF were selling then price flew up over about 140 pips yesterday.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
Quoting greed
{quote} 1.23 is a long way buddy i really dont know, but iam going to take my profit (if any) way before.
hi mate,

agreed 1.23 is a long way, i may have messed up here.
I'm very new to trading and clearly still learning.
Thank you for the advise its really appreciated.

cheers.
lee
Quoting Mitiblotch
{quote} Exactly whats in the chart I posted. When majority are selling price usually would shoot up. So from your post above if 68% on FF were selling then price flew up over about 140 pips yesterday.
It can be an indicator but seriously 90% of retail lose anyway so i doubt the market makers even worry about retails, they are guaranteed to get most retail money in any event, that is just a bonus for them.
Follow The Markets Structure - Patience and Discipline
12350 seems a long way now!
Insane in the Brain..
Short pound @ 1.2465, target open.

Who is the second best broker these days after ICMarkets?
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Wow, breakout up... Not expected.

Lets see if it close above resistance
Quoting Georginson
Hello guys, Welcome to another quarter of trading and lots of activities will be unfolding this April and this quarter. Below are some information which you may find useful for this April ✓Expected April Range = 550 - 750 pips Simulations 1.2425 minus 600 pips = 1.1825 1.2110 plus 600 pips = 1.2710 Below 1.2110 invalidates 1.2710 Above 1.2110 invalidates 1.1825 Bias: Bullish with projected target of 1.2710 as far as 1.2100 stays unbroken. As usual no obligation to follow. I wish everyone a successful Month of April...
December and January high of 1.2455 is taken out ... This now exposes 1.2680 - 1.2710 this April, but some correction cannot be ruled out. Possible high this week may attain 1.2500 - 1.2510...
Rejections spur me for greatness!!!
Ok i am all locked in, it is in the hands of the MMs now but they can not get my money now
Follow The Markets Structure - Patience and Discipline
Quoting Bryan5229
{quote} +34 pips left to weekly resistance. Weekly Resistance: 1.24476
Boom
Plan your trades and trade your plan.
Today's range 12350 - 12500
Quoting Jolita
Today's range 12350 - 12500
12350 and I can make enough for the day lol
Insane in the Brain..
Quoting Mitiblotch
{quote} Exactly whats in the chart I posted. When majority are selling price usually would shoot up. So from your post above if 68% on FF were selling then price flew up over about 140 pips yesterday.
Yes I know, but the top row of your chart says that 68% of Forex Factory was buying GBPUSD.

FF own stats page however, shows that nearly 65% of trade explorers on this website were actually shorting GBPUSD yesterday
https://www.forexfactory.com/trades#...ions-details=1
Compulsions can be hard to resist
I really don't understand why I put the indicators on the chart
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This week close is very important on weekly chart.

Dollar index could fall to $94, that's only if the weekly reversal does work out.
Plan your trades and trade your plan.
Just a guess but i am thinking 2600 , D1 B/O above the high , price will travel before correcting, reason being to collect all the juicy retail sell limits
Follow The Markets Structure - Patience and Discipline
What would Soros do?
He would buy of course, now that everyone think they should be short.

The short squeeze of the year rocket fuel to the moon
Equality will be the next big thing in trading
GU just broke out of 4-hour range.

EU is really struggling with breaking out of this 4-hour range.
Plan your trades and trade your plan.
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