Cable Update (GBPUSD)

well gentlemen...i got a buy signal on monthly...that doesnt mean it will go up straight away ...it could still meander for a week like has been for past 5 weeks but will close as a green monthly candle by the 1st of next month

like i said i wanted a close avove 2204 which was last monthly close and it attempted it today but was rejected cause that would have been a very strong bull


i still have a target at 2700 that needs visiting

Same here

it could be the same tomorrow too… fasten those seatbelts

1.2060 will do good for me.

maybe at fomc..

DS1 possible...doubt it... looking at 1hr 4hr...have break PDlow and Wopen first...

EEEEEEEEEEnough postings back later with $cam levels...n divisons....enjoy the candy fwiworth...

Audusd shorts

GU

Major impact news later today.
Price projection prior to LO.

Wow

closed all the trades just now tomorrow big news from fed cheers my friend

Cam Levels
GBPUSD
Brk Out Long 1.21968
Short 1.21750
HL2 1.21677
HL1 1.21604
LL1 1.21458
LL2 1.21385
Long 1.21312
Brk Out Short 1.21094

No one provides formal instruction in Forex trading, except for paid classes, whose instructors' ability to trade in real time is questionable, given that most of their charts are presented in hindsight.

Forex need to be learned.
Most people want to hear about the silver bullet theory.

The fact of the matter is this: no human being alive on planet earth can trade the market consistently and accurately without a CLEAR understanding of Timing, Direction, Magnitude and Probability.
Trading without this understanding is nothing more than guessing.
And, you don't want to guess with your hard capital.

My opinion, don't get caught with small moves, just understand the big picture and trade accordingly.
Try to trade from H4 or H1 not lower.
If your trading strategy goes against the big picture, you are in serious trouble.

From Van Tharps's book "Trade Your Way to Financial Freedom" ;
The emphasis has to be on establishing a proven system that dictates when to get in, when to get out, position sizing and risk management.
The profits will come without needing to understand every single move the market makes.

Forex isn't an overnight success story, a lot of people want it to be.
I wanted it to be, but reality it took me a lot of learning a lot of years and a lot of tears lol.
You stick with it, you tackle it and wrangle with it, and always keep your eye on the goal.

I am no guru here and this is straight out of Van Tharp's work.
It truly is an eye opener.
All great legendary traders of this world are mechanical and have no need to understand much more than their own systems and how they interact with the market.
The market itself will do what it will do.

And last, you've to start posting "real time" chart and trades.
There are good people here , who will help you to give constructive comment on your trades.
That's how you learn from this forum.

All the best and study the market well.
Hope that I have been helpful.


PAT Chiko

The price to drop from asian high to s1 or more until news event.

FOMC may turn PA... But that is not now.

The buy will fail in hourly most likely

GU: H1
Daily Pivot @ 1.2156
Weekly Pivot @ 1.2159
Monthly Pivot @ 1.2174
And Daily open price is bellow all the pivot.

WITNESS THE SUN AND MOON EMIT A PLASMA BURST DURING A SOLAR ECLIPSE...going to the moon 77th brigade...n ever get a straight answer...
https://www.bitchute.com/video/wqkpoCUdeEI/