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Cable Update (GBPUSD)

  • #797,641
  • Dec 18, 2023 2:40am Dec 18, 2023 2:40am
Quoting MrFanciful
Swept the Asian high, and now the low. Reverse higher or continue down?
The answer is in the air. Now this is a uncertain level, no trade , easy to lose the money. The answer needs a sure level.
  • #797,642
  • Dec 18, 2023 2:41am Dec 18, 2023 2:41am
Went short 1.2691 - TP 1.266
  • #797,643
  • Dec 18, 2023 2:42am Dec 18, 2023 2:42am
looking at the waves, the situation looks pretty bearish to me, at least looking ahead for a day or two.
H1.
  • #797,644
  • Dec 18, 2023 2:45am Dec 18, 2023 2:45am
Quoting maxi444
{quote} The answer is in the air. Now this is an uncertain level, no trade , easy to lose the money. The answer needs a sure level.
Definitely easy to lose. Wish I could see this kind of PA prior to it happening so I don't enter.
  • #797,645
  • Dec 18, 2023 2:47am Dec 18, 2023 2:47am
Quoting tiborf71
looking at the waves, the situation looks pretty bearish to me, at least looking ahead for a day or two. H1.
How can you see a bullish flag forming on H1 and still call it bearish? It will retrace yes, but lots of support down below and also plenty of reason to continue going up to retest a few levels.
  • #797,646
  • Dec 18, 2023 2:53am Dec 18, 2023 2:53am
Quoting kelvinftg
{quote} How can you see a bullish flag forming on H1 and still call it bearish? It will retrace yes, but lots of support down below and also plenty of reason to continue going up to retest a few levels.
well the waves say it will decrease.
we'll see.

H1.
  • #797,647
  • Dec 18, 2023 2:54am Dec 18, 2023 2:54am
Quoting MrFanciful
{quote} Definitely easy to lose. Wish I could see this kind of PA prior to it happening so I don't enter.
Yes, it is important for the win. On Friday it was a bit hidden at 14.06, but clear at 15.32.
  • #797,648
  • Dec 18, 2023 2:56am Dec 18, 2023 2:56am
Quoting kelvinftg
{quote} How can you see a bullish flag forming on H1 and still call it bearish? It will retrace yes, but lots of support down below and also plenty of reason to continue going up to retest a few levels.
what is the probability of flag patterns completing in a text book manner?
Personal Journal...https://www.forexfactory.com/thread/1260265-the-journal
  • #797,649
  • Dec 18, 2023 2:59am Dec 18, 2023 2:59am
Quoting aa4fx
{quote} Hopefully we are done with this sharks circus show ... {image} Well, lowest sell is 2506 ... before fomc I thought it will spike up and as I could not be at the event I placed some orders ... yeah, not that great looking to go under 2400 this week, ... but OK, what is 300pips this days? a few pixels on the map, depending on your zoom.
To me it looks like on Friday there was grandma shark show, but where is mommy shark???
  • #797,650
  • Dec 18, 2023 3:00am Dec 18, 2023 3:00am
...steepest asc 4hr t/line under threat as osc's are at least pointing down to 4hr, and some crossed down to 1hr.
Trader with an Edge.
  • #797,651
  • Dec 18, 2023 3:03am Dec 18, 2023 3:03am
Quoting Iansco
{quote} what is the probability of flag patterns completing in a text book manner?
It is not a perfect flag. It’s forming, of cos it could fail but what I’m saying is that if he’s looking at H1, how can he say it is looking bearish for a day or two?
  • #797,652
  • Dec 18, 2023 3:07am Dec 18, 2023 3:07am
Definitely paying my fee today. For some reason, every single big play has decided that 1.26845 is as low as they're willing to go.
  • #797,653
  • Edited 3:26am Dec 18, 2023 3:10am | Edited 3:26am
Quoting MrFanciful
{quote} Definitely easy to lose. Wish I could see this kind of PA prior to it happening so I don't enter.
Maybe go do your homework instead of whining. Some of us aren't wasting our time on this shit, for a reason - hint: This PA was predictable!

In fact, if you insisted on trading this dumpster fire you could probably squeeze out 15 pips or so a few times a swing, a few times tonight, if nothing changes.

Or just keep coming here posting about how hard your trading life is without doing anything to improve yourself.

Edit: I take back the 15 pip range and give it more or less 10... dog... shit... range.
Congratulations ScalaFX for coming out of the closet!
  • #797,654
  • Dec 18, 2023 3:16am Dec 18, 2023 3:16am
Quoting nubcake
{quote} Maybe go do your homework instead of whining. Some of us aren't wasting our time on this shit, for a reason - hint: This PA was predictable! In fact, if you insisted on trading this dumpster fire you could probably squeeze out 15 pips or so a few times a swing, a few times tonight, if nothing changes. Or just keep coming here posting about how hard your trading life is without doing anything to improve yourself.
Dude, just stfu and stop pissing everyone off.
  • #797,655
  • Dec 18, 2023 3:20am Dec 18, 2023 3:20am
Quoting MrFanciful
{quote} Dude, just stfu and stop pissing everyone off.
Nah. In the meantime keep being a loser wandering around in the dark.

Whine some more. Don't ever learn anything or do better. Just keep coming here and doing nothing useful.
Congratulations ScalaFX for coming out of the closet!
  • #797,656
  • Dec 18, 2023 3:26am Dec 18, 2023 3:26am
Quoting MrFanciful
Definitely paying my fee today. For some reason, every single big play has decided that 1.26845 is as low as they're willing to go.
For me 2684 is not important.
  • #797,657
  • Dec 18, 2023 3:29am Dec 18, 2023 3:29am
Quoting nubcake
{quote} Nah. In the meantime keep being a loser wandering around in the dark. Whine some more. Don't ever learn anything or do better. Just keep coming here and doing nothing useful.
As opposed you? Who does absolutely nothing but belittle people and put them down? You never post anything constructive. Just a totally toxic personality.
  • #797,658
  • Dec 18, 2023 3:31am Dec 18, 2023 3:31am
Quoting MrFanciful
{quote} As opposed you? Who does absolutely nothing but belittle people and put them down? You never post anything constructive. Just a totally toxic personality.
As opposed to me who looks at losers like you and moty and can't fathom how you could be so persistently stupid. I've given hints, even to you tonight, but you would rather be a fucking clown than pay attention.

You are just another sycophant to the noisy kids. Keep on doing what you do. You get what you deserve.
Congratulations ScalaFX for coming out of the closet!
  • #797,659
  • Dec 18, 2023 3:32am Dec 18, 2023 3:32am
...27pip range for last 7 hrs lol! A prev v.minor 30min sw hi zone @ the current p/back lo off the current dly hi, another minor 30min sw under that - a prev minor 30min sw lo zone

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB
Trader with an Edge.
  • #797,660
  • Dec 18, 2023 3:39am Dec 18, 2023 3:39am
Quoting kelvinftg
{quote} How can you see a bullish flag forming on H1 and still call it bearish? It will retrace yes, but lots of support down below and also plenty of reason to continue going up to retest a few levels.
I am looking at six waves, two of which are the main wave, one is the side wave, the rest are just smaller waves.
well, these three big waves peak in the north now, indicating the timeliness of the return.

H1.
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