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Cable Update (GBPUSD)

  • #753,261
  • Jun 21, 2023 3:16am Jun 21, 2023 3:16am
try limit test 2699 may be fake . so watching if it intact and bounce over 2805 to 2845 before next try break! as per usdx pa! lets see
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #753,262
  • Jun 21, 2023 3:17am Jun 21, 2023 3:17am
Quoting Scotteyy
{quote} At what point do you stop creating new systems and start optimising the old ones?
Hello,

I think there is a misunderstanding ,

i just started Forex in Sep 2022 ( less than 1 year ) , This is the first time i am creating any Forex system. I am working with 3 Modules

1. Bella's Date Forecasting [ W.D Gann Related ]
2. Bella's Trend-0.25 [ Elliot Wave Related ]
3.Bella's Hot Zones [ Pivot Points Related ]

All part of one indicator system called Bella's Blue current at Beta Ver 1.6 [b]

These are the books i used.
1.Wave Principal ( Robert Prechter )
2.Pivot Boss ( Frank O. Ochoa )
3.Gann Square of 9 ( Mikula )

Bella.
Goddess of Thunder..
  • #753,263
  • Jun 21, 2023 3:17am Jun 21, 2023 3:17am
GU Has blown my account ....and have lost job ...
  • #753,264
  • Jun 21, 2023 3:17am Jun 21, 2023 3:17am
Quoting dantpm
{quote} What is the theme or timeframe that suggests 2450 is viable to you?
h4
People don't plan to lose. They lose because they don't plan.
  • #753,265
  • Jun 21, 2023 3:20am Jun 21, 2023 3:20am
Bought 1.2728 . Target 1.2800
Data + Stat + Risk/Emotions Management
  • #753,266
  • Jun 21, 2023 3:22am Jun 21, 2023 3:22am
Quoting Bella.al
{quote} Hello, I think there is a misunderstanding , i just started Forex in Sep 2022 ( less than 1 year ) , This is the first time i am creating any Forex system. I am working with 3 Modules 1. Bella's Date Forecasting [ W.D Gann Related ] 2. Bella's Trend-0.25 [ Elliot Wave Related ] 3.Bella's Hot Zones [ Pivot Points Related ] All part of one indicator system called Bella's Blue current at Beta Ver 1.6 [b]These are the books i used. 1.Wave Principal ( Robert Prechter ) 2.Pivot Boss ( Frank O. Ochoa ) 3.Gann Square of 9 ( Mikula ) Bella.
Thanks for the response, I must say, seeing you develop it has been interesting. So you have a way to identify trend and support/resistance, I'm not sure what else you need, does optimisation start now? Also what does Bella's date forecasting predict? Reversals? If you don't mind me asking, how does that work? I work on the belief that one can't predict where price is going to go, the only thing we can be sure of is that price is more likely to follow a trend.
  • #753,267
  • Jun 21, 2023 3:24am Jun 21, 2023 3:24am
Pound-Dollar: This is the result after all. ( ´艸｀)
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  • #753,268
  • Jun 21, 2023 3:24am Jun 21, 2023 3:24am
Come on
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yes yes yes
  • #753,269
  • Jun 21, 2023 3:28am Jun 21, 2023 3:28am
Quoting ScalaFX
New Short GU 2765 first, will add
second short 2730
People don't plan to lose. They lose because they don't plan.
  • #753,270
  • Jun 21, 2023 3:29am Jun 21, 2023 3:29am
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yes yes yes
  • #753,271
  • Jun 21, 2023 3:30am Jun 21, 2023 3:30am
what caused GBPUSD's bullish move last week. I wish i can get any material also to read for insight to have a firm knowledge. Thank YOU
  • #753,272
  • Jun 21, 2023 3:30am Jun 21, 2023 3:30am
...

4hr below
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Trader with an Edge.
  • #753,273
  • Jun 21, 2023 3:38am Jun 21, 2023 3:38am
Closed my shorts, will wait for break and retest of this 12715 level.
  • #753,274
  • Jun 21, 2023 3:39am Jun 21, 2023 3:39am
I think WP will be crushed, Nyny! Hold your longs !
People don't plan to lose. They lose because they don't plan.
  • #753,275
  • Jun 21, 2023 3:41am Jun 21, 2023 3:41am
Quoting ScalaFX
I think WP will be crushed, Nyny! Hold your longs !
I agree but just not sure if it will be today, ADR (30) has nearly been reached and there is a confluence support of daily S1 and weekly pivot. I'd like to see retrace to pivot to short. Or break through slightly then retrace to this level for short. Overall still bearish though.
  • #753,276
  • Jun 21, 2023 3:43am Jun 21, 2023 3:43am
Quoting Scotteyy
{quote} Thanks for the response, I must say, seeing you develop it has been interesting. So you have a way to identify trend and support/resistance, I'm not sure what else you need, does optimisation start now? Also what does Bella's date forecasting predict? Reversals? If you don't mind me asking, how does that work? I work on the belief that one can't predict where price is going to go, the only thing we can be sure of is that price is more likely to follow a trend.
Hello,

Yes, Bella's Date Forecasting predicts future reversals. It works by relating time 13:38 PM GMT to New Upcoming Dates. One "Live" Example is 19.06.2023 where i took a short at 13:38 PM GMT relating Time to it's Date 19.06.2023 i made +51 Pips on that . ( Reversal Date ). Note that this module is almost complete.

Mr. Mikula in his book writes about W.D Gann and his method of Square of 9 ( Time and Price ) .
I made my own research and came into my own understanding ( i don't use price in the equation but just time ). Idea is to predict the reversal (short term ). So to say 13:38PM is constant time which is then related to dates searching for relationships.

When you say trend , please note that there exists a trend which you have no idea about it doesn't exist on charts but rather as currency for e.g in my Trend-0.25 , i am able to derived such a trend that is constant in all time frames having a constant figure ( resistance or support ) for e.g

Trend-0.25 as of 20.10.2021
Direction : Short
Price Started :20.10.2021
Price ( Resistance/Support ): 1.38340
// Above values can be seen on my chart indicator and it is still under-development.

People have different ways of expressing trends.

Bella.
Goddess of Thunder..
  • #753,277
  • Jun 21, 2023 3:44am Jun 21, 2023 3:44am
One indicator that behaves like the Algo is the ATR level but there are some lapses.. Take a look at the behavior on trading view

1.27100 is a level to take partial... Weekly support for retail traders and when price goes below i will add more contracts
My telegram: https://t.me/avidforex
  • #753,278
  • Jun 21, 2023 3:56am Jun 21, 2023 3:56am
Y's low is about to break
The drop is coming
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yes yes yes
  • #753,279
  • Jun 21, 2023 3:59am Jun 21, 2023 3:59am
Short in at 1.2720
Don't trade what you think. Just what you see!!!
  • #753,280
  • Jun 21, 2023 4:03am Jun 21, 2023 4:03am
From experience

trend dont change during summer holiday, it stays the same direction but slow

i am buying 1.27 till i weekly break 1.25

compounding entry
MY OPINION NOT FINANCIAL ADVISE
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