im done for today...we are on H4 upper bands..it can move higher if enough volume.. or can reject and bounce down from here 2750 ...take care..
6
Why is GBPUSD called cable? 67 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
Disliked{quote} I am looking for shorts on GU at current level but dxy is not yet near its support or demand zone. and that H4 close on looks scary for GU bears.Ignored
DislikedUnholy strength in GU. Wonder if they all will get squeezed, or this is a new journey to 1.35.Ignored
Disliked{quote} Don't get ahead of yourself: Has even M15 SHOWN you there is a chance for the bears?Ignored
Disliked{quote} I am saying that it is likely to be the beginning of a new D1 swing up. This H4 capture also shows that H8 is going up with it. The ensuing H4 swing down will tell more after we see if it ends as a pullback or as an extended return down. In the mean time, for the H4/H8 to stop going up, every TF below H4 must go down. Has M15 started down yet?? (My main focus is on LAGGING indicators on multiple TFs.) {image}Ignored
Disliked{quote} Don't get ahead of yourself: Has even M15 SHOWN you there is a chance for the bears?Ignored
DislikedI do not see hourly thrust candle to short. If shorting... only for few. Longs still advisable. May be Asia will trigger short. {image}Ignored
Disliked{quote} I am saying that it is likely to be the beginning of a new D1 swing up. This H4 capture also shows that H8 is going up with it. The ensuing H4 swing down will tell more after we see if it ends as a pullback or as an extended return down. In the mean time, for the H4/H8 to stop going up, every TF below H4 must go down. Has M15 started down yet?? (My main focus is on LAGGING indicators on multiple TFs.) {image}Ignored
Disliked{quote} In my experience using the 15m for entry can be a mistake, have seen it too many times when the 15 minute starts a new trend down during an upside correction only to end up as another pb during the correction therefore H1 trend down which is 15 major trend is more reliable.Ignored
Disliked{quote} M1 and M5 capitulated. M15 is next. Will it or not, God knows.. with shitty price action like this it's probably not going anywhere. If Daily closes below 1.2725, Sellers are still in the game.Ignored
Disliked{quote} Here is a classic example , to the left is the 15 trend resuming down only to end up as another pb in the upside correction To the right is H1 trend continuation down which is the correct one, can show you many more examples if you wish as to why the lower timeframes are irrelevant depending on the point of origin of the main swing. {image}Ignored