Cable Update (GBPUSD)

Quoting DrDave

Disliked

{quote} When I say I look at the 1H, I'm looking at the major swings on this timeframe so in this case its likely the 2H 4H align with the 1H. That is naive thinking. I can assure you that deeper analysis will reveal the various alignments that actually occur. In future, it would be great if you could explain your view on the topic as well as providing valid criticism to others. I have made numerous posts on several threads regarding my views on multi-TF analysis, trend following, trend trading vs counter-trend, and how a wide variety of indicators...

Ignored

Quoting Scotteyy

Disliked

{quote} Correct, maybe the traders I saw trading "counter-trend" were trading on the 1M chart and had a change of structure there so were trending with the trend on their TF but against it on mine. Although I do believe this contradicts your previous point that all 1H, 2H, 4H, 8H and 1D timeframes must align, or possibly that wasn't the point you were making. Again, it's not too clear as you aren't providing your view on the markets. Scott

Ignored

Quoting DrDave

Disliked

{quote} That is exactly the point that I am making: Of those 5 TFS, if 4 are aligned and 8H is opposite, then 8H is counter-trend to 1D. And EVERY TF below 8H gets the same directional bias as 8H. But because 8H is never viewed by you, you are not even aware of the directional bias it has imparted to the TFs below it, but instead, continue merrily on your way with the 1D direction. And then you wonder why your 1H entry in the 1D direction either went nowhere as price went into a range, or even took your trade into floating DD or even to SL. No surprise...

Ignored

Quoting Ziemowit

Disliked

{quote} why tuesday?

Ignored

Quoting Wavegarrick

Disliked

{quote} Setting up for another short. Anyway its late on Friday with the markets closing soon so not gonna bother about another trade. My trade from this morning set at breakeven and some and will see how it plays out. I'm outa here. Have a good weekend Folks, Cheers. {image}

Ignored

Quoting Czesc6978

Disliked

I AM long but still down 300 and bab 400 stary Safe guys. I wish I could join this group before. All the best {image} {image}

Ignored

Quoting tiborf71

Disliked

1.28500 level is important because the price will return to this level. this analysis is only based on high probability. I could be wrong.

Ignored

Quoting TheWraith

Disliked

{quote} Pozdrav! Ja koristim MT4 i sasvim je ok. Što se tiče brokera, Admiral Markets je zakon tu. Nikad problema s njima niti sa spreadovima, nikad! Jako su dobro provjereni tako da nemaš frke što se toga tiče. Tako da, eto ja bih ti preporučio MT4 i Admiral Markets. Preko 5 godina nikad problema. Pazi se npr. brokera koji nude mali spread poput BlueBerry Markets-a. Čitao sam recenzije itd. da su prevara teška. Kad god se odlučuješ za nekog brokera istraži cijeli internet prije da znaš da nisu prevara.

Ignored

Quoting Cetka

Disliked

{quote} Hvala ti sto si uskocio stari! Kakve imas commissine ovde, ne cine mi se pre velike. Jesi li imo iskustva s IC Markets?

Ignored

Quoting navk

Disliked

Be ready guys for Monday open. A big retrace up is awaited. A clean bullish divergence. {image}

Ignored

Quoting dempire1

Disliked

{quote} Do you trade divergence often?

Ignored

Quoting Cetka

Disliked

{quote} Hvala ti sto si uskocio stari! Kakve imas commissine ovde, ne cine mi se pre velike. Jesi li imo iskustva s IC Markets?

Ignored

Quoting TheWraith

Disliked

{quote} I had a great decade! Started Shorting CHF/JPY @ 107 last decade. Still going strong!

Ignored

Quoting Czesc6978

Disliked

I AM long but still down 300 and bab 400 stary Safe guys. I wish I could join this group before. All the best {image} {image}

Ignored

Quoting ninner

Disliked

bullish gbpusd

Ignored