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Cable Update (GBPUSD)

  • #759,641
  • Jul 19, 2023 10:09am Jul 19, 2023 10:09am
Quoting BigNumbers
{quote} Yes, I guess so, because the data I gather from the candlesticks movement indicate a lot of anomaly. Thank you for the information, although I’m yet to verify your submission.
Well searching the internet can be not so accurate these days, so i'll add the article i saw here.

https://www.forexfactory.com/news/12...g#post14465796
You have an IQ lower than 90 if you interact with this user.
  • #759,642
  • Jul 19, 2023 10:14am Jul 19, 2023 10:14am
Quoting T721
{quote} 3/4 level is generally area of value but i always go with my yellow lines. Yellow lines i call remembered numbers. i will post a zoomed out chart with the levels for you, gimme a sec

i use to put my area of value at Round numbers.

they work so well but required experience to spot emm
MY OPINION NOT FINANCIAL ADVISE
  • #759,643
  • Edited 10:37am Jul 19, 2023 10:15am | Edited 10:37am
Quoting tradexyz
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  • #759,644
  • Jul 19, 2023 10:15am Jul 19, 2023 10:15am
Quoting donfriday
{quote} thats awesome key level is your key levels on area of value?
Yellow lines have been on my charts for 25yrs and dont need changed, they will be the same in the next 25yrs
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  • #759,645
  • Jul 19, 2023 10:19am Jul 19, 2023 10:19am
Obviously when GU went to the lows i had to find new numbers but its easy enough Like donfriday says just takes years of experience to find them.

If anyone wants to learn how to find them let me know and i will do zoom for you at weekend
  • #759,646
  • Jul 19, 2023 10:21am Jul 19, 2023 10:21am
Was close to tp but reversed WTF!
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  • #759,647
  • Jul 19, 2023 10:22am Jul 19, 2023 10:22am
Quoting donfriday
{quote} i use to put my area of value at Round numbers. they work so well but required experience to spot emm
I like to take into consideration round numbers on occasion but they just seem so inconsistent. Like USD/JPY today, I got two winning trades from 140 but on other days price seems to ignore them completely. For example, on GBP/USD 1.30 hasn't seemed too important.
  • #759,648
  • Jul 19, 2023 10:22am Jul 19, 2023 10:22am
Quoting Tolpeters
{quote} price currently at 288 for bears that make entry at this price what’s the best Tp please
when you longed now best TP is 1.3000 at weekly Pivot
People don't plan to lose. They lose because they don't plan.
  • #759,649
  • Jul 19, 2023 10:24am Jul 19, 2023 10:24am
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yes yes yes
  • #759,650
  • Jul 19, 2023 10:27am Jul 19, 2023 10:27am
Yes GU heading in the right direction...
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  • #759,651
  • Jul 19, 2023 10:31am Jul 19, 2023 10:31am
Quoting Scotteyy
{quote} I like to take into consideration round numbers on occasion but they just seem so inconsistent. Like USD/JPY today, I got two winning trades from 140 but on other days price seems to ignore them completely. For example, on GBP/USD 1.30 hasn't seemed too important.

numbers are reference

Round numbers from key level and also with enough rejection


DONT JUST TRADE THE TOUCH
MY OPINION NOT FINANCIAL ADVISE
  • #759,652
  • Jul 19, 2023 10:32am Jul 19, 2023 10:32am
Quoting donfriday
{quote} numbers are reference Round numbers from key level and also with enough rejection DONT JUST TRADE THE TOUCH
Thank you, makes sense.
  • #759,653
  • Jul 19, 2023 10:39am Jul 19, 2023 10:39am
Quoting Wavegarrick
{quote} Dang, that was nice!!!! . Sliced through my weekly pivot like a knife through butter. Retraces towards 1.30000 and my weekly pivot can be see as sell opportunities. The door opens for 1.27658 ish. Cheers. {image}
Short cycle in full swing. Half quarter level at 1.2750 a possibility.
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Trade to trade another day
  • #759,654
  • Jul 19, 2023 10:50am Jul 19, 2023 10:50am
No buys today till maybe tomorrow US session we heading to 1.2770
  • #759,655
  • Jul 19, 2023 10:52am Jul 19, 2023 10:52am
Quoting BigNumbers
{quote} Yes, I guess so, because the data I gather from the candlesticks movement indicate a lot of anomaly. Thank you for the information, although I’m yet to verify your submission.
Any particular anomaly btw or disrelation?
You have an IQ lower than 90 if you interact with this user.
  • #759,656
  • Jul 19, 2023 10:54am Jul 19, 2023 10:54am
Quoting Karkinase
No buys today till maybe tomorrow US session we heading to 1.2770
Lower after we correct back up
  • #759,657
  • Jul 19, 2023 10:59am Jul 19, 2023 10:59am
Quoting ScalaFX
{quote} stopped out, reenter now 2885 will add till 2850 every 5 pips when drop more
closed early like partials, last 2870 and 75 protected
People don't plan to lose. They lose because they don't plan.
  • #759,658
  • Jul 19, 2023 11:03am Jul 19, 2023 11:03am
Quoting Scotteyy
{quote} I like to take into consideration round numbers on occasion but they just seem so inconsistent. Like USD/JPY today, I got two winning trades from 140 but on other days price seems to ignore them completely. For example, on GBP/USD 1.30 hasn't seemed too important.
UJ remembered numbers for you. Hope its of use
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  • #759,659
  • Jul 19, 2023 11:10am Jul 19, 2023 11:10am
Quoting T721
{quote} UJ remembered numbers for you. Hope its of use {image} {image}
Yeh UJ seems a lot more obedient to the round numbers. Honestly not sure where UJ is going next. It technically had a change of character on the daily timeframe thus we should be expecting more downside but the fundamentals are just screaming to go long.
  • #759,660
  • Edited 11:55am Jul 19, 2023 11:14am | Edited 11:55am
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