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Cable Update (GBPUSD)

  • #790,141
  • Nov 14, 2023 5:33am Nov 14, 2023 5:33am
Quoting Headland
{quote} Answer = some 1hr below {image}
Greetings.....Please what indicators paint these SR zone and pivot?
Attached Image (click to enlarge)
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Without despair & distraught, focus on Patience to FRESH MOTiVES.
  • #790,142
  • Nov 14, 2023 5:34am Nov 14, 2023 5:34am
...another consecutive confirmed HL now on dly @ 2189, could be going for a 2nd upside b/o of the 2038-2337 range after the 1st false b/o to 2429 hi, and subsequent p/back to inside that range? It's a scenario, (amongst others.)

dly below
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Trader with an Edge.
  • #790,143
  • Nov 14, 2023 5:35am Nov 14, 2023 5:35am
Come on allready
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Attached Image (click to enlarge)
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yes yes yes
  • #790,144
  • Nov 14, 2023 5:37am Nov 14, 2023 5:37am
Quoting Moty
Come on allready {image} {image}
higher area to drop that second arrow you had at 12320-30 if I remember correctly
Insane in the Brain..
  • #790,145
  • Nov 14, 2023 5:39am Nov 14, 2023 5:39am
Quoting mkvy
{quote} you must get paid for posting these bizarre charts, lord knows what you do for making a living? Every trading day of the year all year long
Please i beg you in the name of God or whatsoever you worship leave Moty alone.
By saying those things to him the way you do your doing more harm than good, if you have really grown from the ranks to profitability then you should
understand what it means for someone or the society to scorn or laugh and mock you during your losing era, it's killing and damaging.
Don't be that same very person who does that but be the change. Thankyou
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #790,146
  • Nov 14, 2023 5:41am Nov 14, 2023 5:41am
Quoting skyf
{quote} Greetings.....Please what indicators paint these SR zone and pivot? {image}
Hi, they are attached, no. 1 (horizontal line classic floor pivots) first per your chart, no. 2 (vertical line classic floor pivots) second. As for the SR zones, I do those manually as price discovery takes place, using a rectangle tool common to most charting.
Attached File(s)
File Type: ex4 AutoPivotIndicator_ver5.ex4   32 KB | 195 downloads
File Type: ex4 10.9v1.0 PivotBoxes.ex4   48 KB | 243 downloads
Trader with an Edge.
  • #790,147
  • Nov 14, 2023 5:44am Nov 14, 2023 5:44am
Quoting birdland
that was easy today, everything in line, again just patience&discipline;-) no AI can do that {image}

Actually that is exactly what the AI does. You establish the criteria and it waits until the criteria are filled then executes.
  • #790,148
  • Nov 14, 2023 5:49am Nov 14, 2023 5:49am
...there was a regular bearish div pattern on 5min to 2hr @ the current dly hi, 15min shown by way of eg.

15min below
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Trader with an Edge.
  • #790,149
  • Nov 14, 2023 5:51am Nov 14, 2023 5:51am
Quoting ScalaFX
{quote} GJ add short 186.545, pending 186.700, GU too added 2300 pending 2310,2320,2330
Ok closing both pair positions now with some profit, waiting for data, last only pendings for GU from 2310 till 2330, hope for take this place and then nice slide
People don't plan to lose. They lose because they don't plan.
  • #790,150
  • Nov 14, 2023 6:00am Nov 14, 2023 6:00am
Attached Image (click to enlarge)
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yes yes yes
  • #790,151
  • Nov 14, 2023 6:02am Nov 14, 2023 6:02am
Quoting Headland
{quote} Hi, they are attached, no. 1 (horizontal line classic floor pivots) first per your chart, no. 2 (vertical line classic floor pivots) second. As for the SR zones, I do those manually as price discovery takes place, using a rectangle tool common to most charting. {file} {file}
It can be alot of effort drawing those manually. Check if these help.


Do you draw the trend lines by hand too?
Attached File(s)
File Type: ex4 Supply_Demand_DashBoard.ex4   29 KB | 330 downloads
File Type: ex4 Strong Order Block Trading Indicator.ex4   17 KB | 352 downloads
Without despair & distraught, focus on Patience to FRESH MOTiVES.
  • #790,152
  • Nov 14, 2023 6:09am Nov 14, 2023 6:09am
To 1.23000
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yes yes yes
  • #790,153
  • Edited 6:21am Nov 14, 2023 6:10am | Edited 6:21am
Quoting skyf
{quote} It can be alot of effort drawing those manually. Check if these help. Do you draw the trend lines by hand too? {file} {file}
Hi, Thanks, will take a look. Yes, I draw the trend lines manually too. and place the fibs manually too.
--------------------------------------------------------------

....perhaps some tight stops triggered (bought) as price just poked it's nose under that prev 30min sw lo zone before the move-up?
Only 46% of 30day adr traveled so far today by price.

1hr below
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Trader with an Edge.
  • #790,154
  • Nov 14, 2023 6:30am Nov 14, 2023 6:30am
...looking upside of the current dly hi @ the prev 1hr/4hr sw hi zone = prev res = pot res that it is @ top of, is coexistent with a prev 1hr sw hi zone to 2311, then a prev 1hr sw lo zone to 2314 = prev supp = pot sbr, After that and before the prev 1hr/4hr sw lo zone that begins @ 2362 are some prev minor 1hr sw hi's = prev res = pot res, fibs and a t/line. Dly R2 is @/around 2329 and runs thru one of those prev minor 1hr sw hi zones.

1hr below
Attached Image (click to enlarge)
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Trader with an Edge.
  • #790,155
  • Nov 14, 2023 6:30am Nov 14, 2023 6:30am
A little H&S
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  • #790,156
  • Nov 14, 2023 6:32am Nov 14, 2023 6:32am
Quoting dantpm
{quote} Actually that is exactly what the AI does. You establish the criteria and it waits until the criteria are filled then executes.
ok, that is interesting. that means in time these old fashioned trading style will not work in the future?
trading is like dancing, don't think and just listen to the music!
  • #790,157
  • Nov 14, 2023 6:34am Nov 14, 2023 6:34am
Quoting mallee
A little H&S{image}
Where? what are you talking about, the right shoulder not formed yet, it can go up easily
  • #790,158
  • Nov 14, 2023 6:38am Nov 14, 2023 6:38am
Quoting Moty
To 1.23000 {image}
Out
Nice profit on the last trade
Almost balanced my bad start of the day
Now waiting for the sell signal
Attached Image (click to enlarge)
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yes yes yes
  • #790,159
  • Nov 14, 2023 6:39am Nov 14, 2023 6:39am
Quoting dantpm
{quote} Actually that is exactly what the AI does. You establish the criteria and it waits until the criteria are filled then executes.
It's not AI, it's just trading robot. AI will give you potential movement, using deep analysis of previous movements... but the nature of movements are unpredictable in short period imho
  • #790,160
  • Nov 14, 2023 6:40am Nov 14, 2023 6:40am
Quoting DmShka
{quote} Where? what are you talking about, the right shoulder not formed yet, it can go up easily
I'm out GL
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