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Cable Update (GBPUSD)

  • #792,801
  • Nov 25, 2023 10:43pm Nov 25, 2023 10:43pm
Quoting Zebi
{quote} i dont pay him any attention...all he does is post all these 2000 dollar day screenshots but cries in the prop firm hub thread about losing a 100 dollars on some challenge with MFF when they got shut down by the cftc couple months ago LOL and wanting it back so i just skip over his posts whats even more hilarious is hes commenting on the monthly chart being a scalper
I think we are talking about different people.
Congratulations ScalaFX for coming out of the closet!
  • #792,802
  • Nov 25, 2023 10:44pm Nov 25, 2023 10:44pm
Quoting nubcake
{quote} I think we are talking about different people.

im talking about NAVK
short trump and go long the deepstate
  • #792,803
  • Nov 25, 2023 10:44pm Nov 25, 2023 10:44pm
Quoting navk
Traders need to debate analysis, setups and concepts to get to the ultimate truth of trading, not other people! If anyone has different opinion, they deserve button. This is said by none other than TWEE.
Lol, I think you are lost. Enjoy your Monday emotions.
Congratulations ScalaFX for coming out of the closet!
  • #792,804
  • Nov 25, 2023 10:45pm Nov 25, 2023 10:45pm
Quoting Zebi
{quote} im talking about NAVK
The fuck? All this drama that I've missed!
Congratulations ScalaFX for coming out of the closet!
  • #792,805
  • Nov 25, 2023 10:52pm Nov 25, 2023 10:52pm
Too much noice.

Deserve button.

And done.
Intraday only.
  • #792,806
  • Nov 25, 2023 10:52pm Nov 25, 2023 10:52pm
Some people have to learn the hard way. The problem is they never learn.
Congratulations ScalaFX for coming out of the closet!
  • #792,807
  • Nov 25, 2023 10:58pm Nov 25, 2023 10:58pm
Quoting navk
{quote} I looked at the chart again. Monday selling is very much possible if 4hr starts printing bearish signal. until now not. 2616 resistance to hold/will hold. Sellers need to set stop at 2616 + spread.
We can, also, wait for the daily MACD to cross below the signal line. That will show that there is slowing momentum.
Attached Image (click to enlarge)
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This is one investment in a bucket of thousands!
  • #792,808
  • Nov 25, 2023 11:37pm Nov 25, 2023 11:37pm
Quoting JourneyLife
{quote} We can, also, wait for the daily MACD to cross below the signal line. That will show that there is slowing momentum. {image}
yes, that is MACD with normal setting.

I use MACD, with different setting 4HR with 4 hr candle

Look at the fall.

And the rise
Attached Image(s) (click to enlarge)
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Intraday only.
  • #792,809
  • Nov 25, 2023 11:44pm Nov 25, 2023 11:44pm
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  • #792,810
  • Nov 25, 2023 11:50pm Nov 25, 2023 11:50pm
Quoting JourneyLife
{quote} We can, also, wait for the daily MACD to cross below the signal line. That will show that there is slowing momentum. {image}
MACD , 60 mins with normal setting, for day trading.
Attached Image (click to enlarge)
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Intraday only.
  • #792,811
  • Nov 25, 2023 11:53pm Nov 25, 2023 11:53pm
Quoting Waveskierrob
{image}
Home office..
This is one investment in a bucket of thousands!
  • #792,812
  • Nov 25, 2023 11:53pm Nov 25, 2023 11:53pm
Quoting navk
{quote} MACD , 60 mins with normal setting, for day trading. {image}
What happened to daily?
This is one investment in a bucket of thousands!
  • #792,813
  • Nov 25, 2023 11:58pm Nov 25, 2023 11:58pm
Quoting JourneyLife
{quote} What happened to daily?
Buy entry based on daily MACD is around 1.2130 in line with my chart. On the 30 th october.

Current price 1.2600.

470 pips.
Attached Image (click to enlarge)
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Intraday only.
  • #792,814
  • Nov 26, 2023 12:31am Nov 26, 2023 12:31am
Quoting navk
{quote} Buy entry based on daily MACD is around 1.2130 in line with my chart. On the 30 th october. Current price 1.2600. 470 pips. {image}
Monday is CyberMonday in the US, probably another low volume trading day.
If the market decides to move to continue the rebalancing from Thursday and Friday it will. Sentiment appears to be shifting long on the DXY so a good reason to short DXY but on a low volume day maybe not.
Squarely in the trade what you see camp!
  • #792,815
  • Nov 26, 2023 12:32am Nov 26, 2023 12:32am
Quoting nubcake
Hidden
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  • #792,816
  • Nov 26, 2023 12:40am Nov 26, 2023 12:40am
Quoting T721
{quote} {image}
Yes, yes, you and your recycled memes. Go spam some more profiles.
Congratulations ScalaFX for coming out of the closet!
  • #792,817
  • Nov 26, 2023 12:48am Nov 26, 2023 12:48am
Quoting nubcake
{quote} Yes, yes, you and your recycled memes. Go spam some more profiles.
Go away and learn how to trade
  • #792,818
  • Nov 26, 2023 12:51am Nov 26, 2023 12:51am
Quoting T721
{quote} Go away and learn how to trade
Nah. If I enable shouts will you spam my profile? Absolute loser.

I wonder what your end game is.
Congratulations ScalaFX for coming out of the closet!
  • #792,819
  • Nov 26, 2023 12:52am Nov 26, 2023 12:52am
Quoting nubcake
{quote} Nah. If I enable shouts will you spam my profile? Absolute loser. I wonder what your end game is.
  • #792,820
  • Nov 26, 2023 1:44am Nov 26, 2023 1:44am
Quoting navk
{quote} I looked at the chart again. Monday selling is very much possible if 4hr starts printing bearish signal. until now not. 2616 resistance to hold/will hold. Sellers need to set stop at 2616 + spread.
for me i dont have a signal indicating a reversal, BUT when the market is obviously bullish and most of the retail traders is bullish then the probability of reversal is higher than continuation!

Personally, ill watch the next 2-4 4hr candle to decide to enter short or stay on the sideline
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