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Cable Update (GBPUSD)

  • #789,841
  • Nov 13, 2023 3:56am Nov 13, 2023 3:56am
Its ready to fly
Lost in Narrative
  • #789,842
  • Nov 13, 2023 3:56am Nov 13, 2023 3:56am
Quoting mkvy
{quote} this is painfull to watch a different strategy every day
dynamic like the market
  • #789,843
  • Nov 13, 2023 3:57am Nov 13, 2023 3:57am
Quoting Headland
{quote} Hi, Good luck, I have no bullish hidden div on 5min or below and there is no pot rbs on 5min + for me so flat atm but did take the last one 1025am gmt 5min bull engulf close with the bullish hidden div on that t/f @ the prev 1hr/4hr sw hi zone. (Set-up shown on chart below.) Sometimes it sets-up sometimes it doesn't. ----------------------------------------------------------- 4hr update 4hr then 5min below {image} {image}

im not good at divergence spotting.
I tend to see it everywhere haha

there are some nice swings on M5 that produce excellent trendline entries at the moment.

there is some H4 R around 2252 it seems, but im thinking it will break.

If it doesnt, i get out fast.
I try not to take too many pips loss, protect capital.
Lets say i get out with -3, and it still goes up, well then bad luck. I will catch another swing later on.
in wondering about yourself, you forgot what you came here to be part of
  • #789,844
  • Nov 13, 2023 3:59am Nov 13, 2023 3:59am
Quoting eyefeelsix
new day everyone, short atm for 20p risk {image}

I can't just watch, add ons #2nd short, it's low risk sell

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https://breakpullback.com
  • #789,845
  • Nov 13, 2023 4:04am Nov 13, 2023 4:04am
usdcad looks to be a good long.
  • #789,846
  • Nov 13, 2023 4:06am Nov 13, 2023 4:06am
The mf is still bullish
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yes yes yes
  • #789,847
  • Nov 13, 2023 4:06am Nov 13, 2023 4:06am
...will the 1hr rising wedge break to downside?

1hr below
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Trader with an Edge.
  • #789,848
  • Nov 13, 2023 4:09am Nov 13, 2023 4:09am
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E. and BP 5' --- E. is telling the tale........ BP will eventually follow......

  • #789,849
  • Nov 13, 2023 4:09am Nov 13, 2023 4:09am
Come on bears
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yes yes yes
  • #789,850
  • Nov 13, 2023 4:10am Nov 13, 2023 4:10am
Quoting knkie
{quote} im not good at divergence spotting. I tend to see it everywhere haha there are some nice swings on M5 that produce excellent trendline entries at the moment. there is some H4 R around 2252 it seems, but im thinking it will break. If it doesnt, i get out fast. I try not to take too many pips loss, protect capital. Lets say i get out with -3, and it still goes up, well then bad luck. I will catch another swing later on.
yeah
so -5
more than i wanted to give.
but its still ok
in wondering about yourself, you forgot what you came here to be part of
  • #789,851
  • Nov 13, 2023 4:11am Nov 13, 2023 4:11am
Quoting mkvy
{quote} another political post not needed for trading cable, ignore list is growing
Fact, folks here are going to talk about others pairs, indices and politics get use to it or start your own thread it's that simple, I don't know what else to say, if you think you will change it think again....
  • #789,852
  • Nov 13, 2023 4:13am Nov 13, 2023 4:13am
In long-1.2240
Tp-1.2305
Sl-1.2228
  • #789,853
  • Nov 13, 2023 4:17am Nov 13, 2023 4:17am
Quoting Headland
...will the 1hr rising wedge break to downside? 1hr below {image}
I think you are right Headland
There was H4 R that i was keeping an eye on and it dropped from there, kind of where you have the rising wedge.

Now i feel price will be trapped between H4 & H1.
H1 Support 2227-ish

SO if a M5 swing up comes around, what to do what to do. lol
in wondering about yourself, you forgot what you came here to be part of
  • #789,854
  • Nov 13, 2023 4:23am Nov 13, 2023 4:23am
Quoting knkie
{quote} yeah so -5 more than i wanted to give. but its still ok
Bad luck, it could just have well gone up, even without the bullish hidden div on my charts, they do all the time! Re div, yeh you got to find repeating patterns on the oscillator (s) / settings of your choice and stick to them, and better @ next higher t/f (+) potential supp/res/sbr/rbs....current dly hi a good eg...was bearish regular div patterns on 3min, 5min, and 15min @ that prev 30min sw hi zone = pot res (as was then,) in that prev 1hr sw lo x 2 zone = pot sbr. I waited for the 5min candle to close for entry.

5min below
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Trader with an Edge.
  • #789,855
  • Nov 13, 2023 4:24am Nov 13, 2023 4:24am
The plan today is to take every 5-10 pips profit
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #789,856
  • Nov 13, 2023 4:30am Nov 13, 2023 4:30am
Yes yes yes
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yes yes yes
  • #789,857
  • Nov 13, 2023 4:49am Nov 13, 2023 4:49am
Quoting Waveskierrob
{quote} Fact, folks here are going to talk about others pairs, indices and politics get use to it or start your own thread it's that simple, I don't know what else to say, if you think you will change it think again....
yiu are now on ny ignore list
  • #789,858
  • Edited 5:18am Nov 13, 2023 4:50am | Edited 5:18am
Quoting Moty
Yes yes yes {image}
the fool of FF, like a kid
  • #789,859
  • Nov 13, 2023 5:01am Nov 13, 2023 5:01am
M30
2243 Long

could be a big move if it finally breaks H4 R
in wondering about yourself, you forgot what you came here to be part of
  • #789,860
  • Nov 13, 2023 5:12am Nov 13, 2023 5:12am
Quoting mkvy
{quote} yiu are now on ny ignore list
Oh no what am I to do...
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