Cable Update (GBPUSD)

Quoting Pat Chiko

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{quote} Interesting...... But WHY ?. Any significant pattern chart TA or Fundamental derive from ? Please share with us the "WHY" (me, especially , a newbie trying to learn) Thank You PAT

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Quoting Pat Chiko

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{quote} Hello MrFanciful, greeting to you. You observe, price never moves in a straight line, so on every impulse wave you will have corrective waves, you measure the force, you observe and assess if your analysis is still valid {image} Sometimes we do chicken out and pull out, but we have to be constantly perform objective market analysis. What happens if we were wrong? Do we just put a stop loss and bite the bullet? or do we average down close to market to get out b/e at a corrective wave? Do we hold for price to come back? It will all depend...

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Quoting Pat Chiko

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{quote} GU Need to TP to buy lunch. Haven't eaten the whole day.{image}

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Quoting maxi444

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{quote} Sorry, I don't understand you at all. Which were the trade point yesterday and why? Only if you can read the chart, is possible to succeed.

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Quoting tradexyz

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in&out... daily high - 38.2 possible target... bounce of pivot...{image}

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Quoting Pat Chiko

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{quote} GU Closed all scalping position. Waititng for N3 signal for Scalping SHORT Waiting and waiting While waititng, please tell me what do you think of this SHORT set up ?. We may differ . but proactive and very objective in discussing Or will price keep on going up to 1.25 ? Story me a bit............ Thanks for your view. PAT{image}

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Quoting Huntpips

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@Pat let see what the USD data will give us this morning.

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Quoting Pat Chiko

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{quote} I'm non native English speaker. You have to be specific on that question. If possible , enclosed chart, as I'm a very visual person. I can read chart, as my English is very poor and broken. Can you rephrase the question to make me understand what is your question. Or anybody with good English's can help me to understand the question. I'm a bit stupid and low in understanding English. Thank you

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Quoting Pat Chiko

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{quote} Thanks for the info. The data will be important for this pair to move forward. Market makers (MM) or smart money (SM) are starting to accumulate on both sides in anticipation of the data release. MM are always a few steps ahead of us, so it is important to be aware of their activity. Damn, ...anyone knows any MM or Hedge Fund Manager I can call ?. (asking for a friend)

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Quoting Georginson

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Bought 1.2332... Target 1.2362

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Quoting Pat Chiko

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This news is sending many into depression! {image} Good for germany. When businesses struggle, unemployment rises, and the cost of living shoots up. I don't know what world the people who decide when a recession starts are living in, but if the shoe fits, wear it already.

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Quoting maxi444

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{quote} Trading points are the moments when you can sell or buy and win, quite simply. My problem isn't your language, it's your idea of forex.

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