Cable Update (GBPUSD)

for 33 pips

G/M, 2 x > 30 day adr dly bearish candles now after y/day's, a 2nd decisive downside break of the 2828-2610 multi-week 4hr/dly range, and the move down to challenge the top of the dly/wkly parts of the prev 4hr/dly/minor wkly sw lo zone that extends to 2500. So far today, Asia continued with the p/back off y/day's 2819 lo began y/day, and early London session trades within the Asian pip range right now which are the current dly hi and lo presently. 1hr is in a downtrend, possibly 4hr too. Intraday is bullish so far.

1hr below

i dont know whether to be flattered or insulted LOL

its not so much condescension as much as it is frustration...people like to complicate shit when trading but its very easy if you keep it simple

i told this story once before and ill do it again

im the oldest sibling and my sister and i are ten years apart...so when she was in 3rd grade learning spelling and vocabulary i was already in college.

my parents were immigrants from europe and didnt know english well enuf to teach me...my mother told me when i was an adult that she sat me down when i was a baby in front of the television and thats how i learned english...so i sound like walter cronkite and dan rather did on the cbs nightly news with a midwestern accent which is what everyone strives for ...so i had to learn everything on my own LOL

going back to my sister...being a kid she harassed me to help her with her homework but actually she wanted me to do it for her LOL....and i wasnt going to fall for that. I had to struggle and learn by myself since i couldnt get help from my parents so she was going to too

so i bought a dictionary...yes back then there were these big thick books with all the english words in them LOL

and i helped her sound out the beginnings of words and then leaf thru the pages till she found them and read the definitions and thats how i made her learn spelling and vocabulary...now shes a doctor of medicine

the best part of this story is she used my method to teach her own daughters spelling
i walked in to her house one day and seen the exact same dictionary on the table...for whatever reason she saved it all this time and used it to teach her own kids LOL

so part of my condescension is trying to make people learn instead of copy others and i try to show that most traders in here are fuckheads that dont know shit but pretend they do

thats why i always say learn for yourself...ill point people in the right direction like i did my sister all those years ago but im not gona hold anyones hand or pretend i give a shit if some stranger from across the world makes it as a trader

ohhh now I see why you all addressed everyone here rudely… but must everybody post their balance ? How sure are you I don’t have 100k? Even let’s come down to 10k you risk 10% of 10k to make 30% is 3k not even to jubilate for?

you can be george soros incarnate for all i care...if you make money then god bless you


i asked you what timechart you were gona give your signal on and you were evasive...whats the big deal about saying my signal is off the 5 -15 -45 or 60 minute chart?....since you dont post charts?

if you make money then god bless you

...there is a repeating pattern of 1hr bearish hidden div @ current dly hi but this could develop further on any deeper p/back of the big down move, and could stay valid whilst below 2629.

4hr below (with 10/20/40 ema crosses graphic.)

...you can see on chart below where support was encountered y/day, also around that lo the 38.2% of the whole 2038-2828 up move.

dly below

im gona stay up another hour and if the 4H chart candle closes red ill short bigger size and lift my average up

cause things dont look so booish to me

What's your TP then

...1hr pullback narrow asc channel continues with a 2nd touch and bounce off the asc t/ine (ignore the candle @ Asian lo - it is broker spread widening@ open.)

1hr below

12560 resisting quite well, if we do see a break north then maybe see a run towards 126

sentiment still looks bearish though. Will look to short at higher areas

Euro retail sales up in 15 minutes will either help give it a push or drive a nail into the coffin lol

Let's see



Fingers Crossed

tp1 - 1.2595
tp2 - 1.2741

brutal selling coming

bears woke.up ... run bull run