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Cable Update (GBPUSD)

  • #769,561
  • Aug 23, 2023 1:42am Aug 23, 2023 1:42am
Quoting Wavegarrick
{quote} Short cycle in play Folks. Trade well. Cheers. {image}
Here is a trader who predicted this many weeks ago
very nice call Garrick!
You have an IQ lower than 90 if you interact with this user.
  • #769,562
  • Aug 23, 2023 1:43am Aug 23, 2023 1:43am
Quoting cablekingdom
In long 1.2672....wont go below S2 5x normal lot size
better step by step..dont all in at once..
  • #769,563
  • Aug 23, 2023 1:44am Aug 23, 2023 1:44am
Quoting Fx3423454
{quote} It's not gambling when you own the casino.
Emotional Control. Process, not outcome.
  • #769,564
  • Aug 23, 2023 1:47am Aug 23, 2023 1:47am
Quoting Robinhood1
{quote} I entered long gbpcad a bit late due to circumstances, i wanted to enter around 1.7160. Gbpusd is correlating. i knew the corporation would start going against me as soon as it could stop the rise and started trading down. I also knew It would not be able to penetrate a certain area. I mentioned cable as it is the cable thread. The key was yo spot 1.7160 as a true support.
Came back to support area
POSTMASTER
  • #769,565
  • Aug 23, 2023 1:48am Aug 23, 2023 1:48am
Quoting ninner
boy did they suck the bulls in LOL......INSIDE the lower range now....so 1.2615 is game hahahahaha
Here is another guy that got it right...better listen to him!!!
  • #769,566
  • Aug 23, 2023 1:49am Aug 23, 2023 1:49am
Quoting pipfarm
{quote} There is no basis for it to go to 161 at the moment
Keep an eye on Chfjpy Buddy. Anyway, i will let you when it gets there. Its not 161 but 161.90
POSTMASTER
  • #769,567
  • Aug 23, 2023 1:49am Aug 23, 2023 1:49am
Quoting Wavegarrick
{quote} Short cycle in play Folks. Trade well. Cheers. {image}
nice!
wish i could follow the MA instead of following PA..
too excited to make attack on long, forgoting the defence.. argh..
  • #769,568
  • Aug 23, 2023 1:51am Aug 23, 2023 1:51am
G/M, back for a few hours. Doesn't get any more rangy than 4hr right now does it? So far today a false upside break of the Asian hi then the dramatic sell-off breaching the Asian lo to the downside, and Dly S1, 94% 30day adr traveled so far in the current dly hi-lo move.

Dly S2 just below current dly lo and that prev 1hr/4hr/minor dly sw lo zone = prev supp = pot supp that extends down to 2616 on 4hr begins circa 2655, Wkly S1 and Dly S3 in there towards the bottom of it.

4hr below
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Trader with an Edge.
  • #769,569
  • Aug 23, 2023 1:53am Aug 23, 2023 1:53am
Quoting ninner
{quote} Here is another guy that got it right...better listen to him!!!
ah damn! You beat me!
killer analysis ninner
You have an IQ lower than 90 if you interact with this user.
  • #769,570
  • Aug 23, 2023 1:54am Aug 23, 2023 1:54am
Quoting Ferna
{quote} One got to differ between market hours. Time and price. As long as one knows the market as a whole there is no risk, or that risk can be off set by weak spots in own analysis. Learn or don’t learn.
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  • #769,571
  • Aug 23, 2023 1:54am Aug 23, 2023 1:54am
Quoting Robinhood1
{quote} I entered long gbpcad a bit late due to circumstances, i wanted to enter around 1.7160. Gbpusd is correlating. i knew the corporation would start going against me as soon as it could stop the rise and started trading down. I also knew It would not be able to penetrate a certain area. I mentioned cable as it is the cable thread. The key was yo spot 1.7160 as a true support.
It came down to support area.
POSTMASTER
  • #769,572
  • Aug 23, 2023 1:56am Aug 23, 2023 1:56am
...a couple of fibs below Dly S2 and before the start of the 1hr part of the aforementioned prev 1hr/4hr/minor dly sw lo zone that extends down to 2616.

1hr below
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Trader with an Edge.
  • #769,573
  • Aug 23, 2023 1:56am Aug 23, 2023 1:56am
Quoting ninner
{quote} Here is another guy that got it right...better listen to him!!!
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  • #769,574
  • Aug 23, 2023 2:00am Aug 23, 2023 2:00am
Quoting Ferna
{quote} ah damn! You beat me! killer analysis ninner
The pound is still extremely overbought and a major correction is underway. Alot of specs are going to get run on stops which will fuel a big move.
  • #769,575
  • Aug 23, 2023 2:01am Aug 23, 2023 2:01am
Quoting T721
{quote} {image}
LOL.....one of the fellas's dont like it that I was right !!! LOL
  • #769,576
  • Aug 23, 2023 2:03am Aug 23, 2023 2:03am
...big bear [thrusty type] 1hr and 4hr candle closes a few mins ago. the later being gmt+3 price feed
Trader with an Edge.
  • #769,577
  • Aug 23, 2023 2:04am Aug 23, 2023 2:04am
Let's see if that HL is going to be taken out today. If it is, then Sell, sell and sell.
  • #769,578
  • Aug 23, 2023 2:04am Aug 23, 2023 2:04am
Quoting ninner
{quote} The pound is still extremely overbought and a major correction is underway. Alot of specs are going to get run on stops which will fuel a big move.
Attached Image (click to enlarge)
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  • #769,579
  • Aug 23, 2023 2:08am Aug 23, 2023 2:08am
Quoting t721
{quote} {image}
go back to bed waveskirob!!! Lmao!!!!
  • #769,580
  • Aug 23, 2023 2:10am Aug 23, 2023 2:10am
Quoting ninner
{quote} go back to bed waveskirob!!! Lmao!!!!
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