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Cable Update (GBPUSD)

  • #744,241
  • May 4, 2023 2:09pm May 4, 2023 2:09pm
Quoting Robinhood1
{quote} While gold should find support at 2008, GU may at 1.2423. Gold might try a doble top or something similar before. Lets see.
Gold made triple top (monthly).
Will there be enough juice to make it above 2100? Logically what would you do if price of gold reaches highs?
Some countries consider selling reserves.
https://www.gold.org/goldhub/data/go...ves-by-country
  • #744,242
  • May 4, 2023 2:12pm May 4, 2023 2:12pm
Quoting Robinhood1
eurcad correcting from where it is now aprox 15035 to around 14800
I did not get this one quite right as it kept rising although i think i have managed to spot a closer support, 14758. Gold is just performing same pattern at this moment and that is why i beleive in a doble top, just as eurcad.
Once you discover a pattern that repeats itself, everything seems easier but even so there are fractals that are missing to the human eye and hence double checking on the go.
POSTMASTER
  • #744,243
  • May 4, 2023 2:18pm May 4, 2023 2:18pm
Quoting Jolita
{quote} Gold made triple top (monthly). Will there be enough juice to make it above 2100? Logically what would you do if price of gold reaches highs? Some countries consider selling reserves. https://www.gold.org/goldhub/data/go...ves-by-country
I display a trendline and at this time price is at 2083. It is moving 1 point per hour aprox. If we consider that it should come back down to 2008, i should think so. And it might hit more than once till an apropriate retracement will confirm a final top.
POSTMASTER
  • #744,244
  • May 4, 2023 2:25pm May 4, 2023 2:25pm
Quoting Moty
Dtop already mister squeezer mf {image}
NOPE!!
  • #744,245
  • May 4, 2023 2:30pm May 4, 2023 2:30pm
Quoting Robinhood1
{quote} I display a trendline and at this time price is at 2083. It is moving 1 point per hour aprox. If we consider that it should come back down to 2008, i should think so. And it might hit more than once till an apropriate retracement will confirm a final top.
Donchian weekly
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  • #744,246
  • May 4, 2023 2:34pm May 4, 2023 2:34pm
Quoting Jolita
{quote} How many times GU has tried to take 12600? Hope will give up this endless fight. Waves, we need your lucky coin - heads 130 or tails 120?
flipped the coin until I got a tails got to be a sure sign GU will drop, been underwater for so long now with this FF GU I think I'm start to grow gills...
  • #744,247
  • May 4, 2023 2:40pm May 4, 2023 2:40pm
Quoting Jolita
{quote} Donchian weekly {image}
Never used this one. We have already gone past 48. I don´t use indicators anymore as they are too rigid. The best i found for me is Williams %. settings like 864 and 0 t0 -100 range on the hour tf is usefull but like any other indicator, might be useless when price over stretches.
POSTMASTER
  • #744,248
  • May 4, 2023 2:47pm May 4, 2023 2:47pm
Quoting Waveskierrob
{quote} flipped the coin until I got a tails got to be a sure sign GU will drop, been underwater for so long now with this FF GU I think I'm start to grow gills...
we can learn. From this.
You have an IQ lower than 90 if you interact with this user.
  • #744,249
  • May 4, 2023 2:54pm May 4, 2023 2:54pm
Quoting Robinhood1
{quote} Never used this one. We have already gone past 48. I don´t use indicators anymore as they are too rigid. The best i found for me is Williams %. settings like 864 and 0 t0 -100 range on the hour tf is usefull but like any other indicator, might be useless when price over stretches.
Try this one out , it's different and easy.
I am monitoring for a while and works well on all tf's. Depends how the top bends, but most of times reaches from top to bottom.
  • #744,250
  • May 4, 2023 3:01pm May 4, 2023 3:01pm
Quoting Waveskierrob
{quote} flipped the coin until I got a tails got to be a sure sign GU will drop, been underwater for so long now with this FF GU I think I'm start to grow gills...
I know, has been too long.
Unpredicted turns, so on. There is always a re-test, but wasn't this time. Most of us been a fish for a grab.
Hopefully soon
  • #744,251
  • May 4, 2023 3:08pm May 4, 2023 3:08pm
Quoting Jolita
{quote} Try this one out , it's different and easy. I am monitoring for a while and works well on all tf's. Depends how the top bends, but most of times reaches from top to bottom.
I trade what i see now. There are not many opportunities but for each one spotted i can enter and exite at diferent moments. Out of all pairs, i only have chfjpy, oil, gold, GU, eurcad, euraud and just from 2 hours ago AU which i will have to confirm as it developes. These chart are on 1,2 and 4 h tf so swings have started long way back but i trade the last bit before reversing. Swings have been started 2,3 and 4 months back.
POSTMASTER
  • #744,252
  • May 4, 2023 3:27pm May 4, 2023 3:27pm
Quoting Waveskierrob
{quote} Saving up for the BIG move down on friday..., if it does drop BIG on Friday it would be just a lucky guess...

GU

Possible with Moty has her Hammer parked on top of the chart.

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Dollah Index at 50% fib support
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Will sell everything tommorow, including my Hamster and dog...
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #744,253
  • May 4, 2023 3:29pm May 4, 2023 3:29pm
Short in at 1.2570 target 1.2552
Don't trade what you think. Just what you see!!!
  • #744,254
  • May 4, 2023 3:34pm May 4, 2023 3:34pm
Quoting Pat Chiko
{quote} GU Possible with Moty has her Hammer parked on top of the chart. {image}{image} Dollah Index at 50% fib support{image} Will sell everything tommorow, including my Hamster and dog...
your Hamster will sell hotdog
  • #744,255
  • May 4, 2023 3:54pm May 4, 2023 3:54pm
Quoting Jolita
{quote} I know, has been too long. Unpredicted turns, so on. There is always a re-test, but wasn't this time. Most of us been a fish for a grab. Hopefully soon
fish for a grab

  • #744,256
  • Edited 6:13pm May 4, 2023 5:05pm | Edited 6:13pm
sell order activated. TP 1.237
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  • #744,257
  • May 4, 2023 7:39pm May 4, 2023 7:39pm
Quoting Wavegarrick
{quote} No problem Ricmaj. I will post my charts as usual. I also put a bit of thought into this. Here is what the world of forex does not want, is for us to teach money management. How to turn losing positions into winning positions quickly and effectively. How to scale in and scale out. How to protect winning positions and in my case how to turn day trade winning positions into long term trades. The only way to do this is to show traders how and when you close trades, hence posting my closed trades. What the forex world does not want is for you...
Please teach us your skill, would love to learn more about your trading style.
I respect all experienced traders like you, time can prove you right.

As to my situation, I think compare to GU 1.0~1.1 period, in 1.2 level the market maker had changed some strategies make it more difficult to trade and hardly offer generous profitable chances. "making direction confusion", discontinuous interrupted moving , narrow ranging , fake breakouts... It's hard to maintain long term positions risk for small accounts. So I can only scalp quick in / out for small profit with my skill.

Thank you and NAVK , his H1 RS / H4 / Market sessions strategies also work for me.
  • #744,258
  • May 4, 2023 8:15pm May 4, 2023 8:15pm
Still holding longs on GU. Could be a push higher
  • #744,259
  • May 4, 2023 8:22pm May 4, 2023 8:22pm
good morning loss
now h1 clear bullish on my chart
i will leave my orders till monday..
stoploss 1.2500
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  • #744,260
  • May 4, 2023 8:42pm May 4, 2023 8:42pm
Trying a short at 1.2591
POSTMASTER
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