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Cable Update (GBPUSD)

  • #810,262
  • Feb 18, 2024 1:49pm Feb 18, 2024 1:49pm
The sell flag on GU is too obvious
  • #810,263
  • Feb 18, 2024 1:51pm Feb 18, 2024 1:51pm
Quoting OperaniyiFx
The sell flag on GU is too obvious
so whys that ...
  • #810,264
  • Feb 18, 2024 2:05pm Feb 18, 2024 2:05pm
If gbpusd can get up to 1.2612...i believe its worth a try to sell targeting near term support around 1.2560 area....if you observe the 1 hour chart you will see the plan...stan!!!
  • #810,265
  • Feb 18, 2024 2:07pm Feb 18, 2024 2:07pm
Quoting navk
I will start buying once tokyo opens. 1.2590 to 1.2560. The target could be r1 ( 1.2635 to 1.2650 ) or until my pockets are full. Remember, friday is bullish close. I do not rule out shorting for few pips here and there as usual. NY Banks are closed on Monday, but i expect moves to happen. Note : The open price is imporatant to take trade
GBP/USD GAMEPLAN ------- prolly wont be trading this week, still feeling shit... But i like this plan
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  • #810,266
  • Feb 18, 2024 2:15pm Feb 18, 2024 2:15pm
Quoting Pat Chiko
{quote} {quote} {quote} Dave, No need to know what you're talking about here. Whatevs asked a question anyone could answer, that's cool. But you, Dave, made a rude comment on his question. WHY? Why act like he's bothering you? If you don't want to answer, fine. He wasn't asking you anyway. If you have nothing nice to say, don't say anything. There's a saying: "If you can't say something nice, don't say anything at all." You don't seem very kind in your interactions with others. Maybe try being more respectful? There is five element in EQ. From your...
Hmmm. I saw this posted somwewhere.
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Feeling so happy!
To free Gazans of Hamas, use whatever it takes.
  • #810,267
  • Feb 18, 2024 2:36pm Feb 18, 2024 2:36pm
Quoting OperaniyiFx
The sell flag on GU is too obvious
  • #810,268
  • Feb 18, 2024 2:38pm Feb 18, 2024 2:38pm
Inserted Video
  • #810,269
  • Feb 18, 2024 2:40pm Feb 18, 2024 2:40pm
Quoting Wavegarrick
Drama Queen!!!!!!!!!!
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  • #810,270
  • Feb 18, 2024 2:42pm Feb 18, 2024 2:42pm
Quoting Waveskierrob
{quote} so whys that ...
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  • #810,271
  • Feb 18, 2024 2:44pm Feb 18, 2024 2:44pm
Quoting ninner
If gbpusd can get up to 1.2612...i believe its worth a try to sell targeting near term support around 1.2560 area....if you observe the 1 hour chart you will see the plan...stan!!!
Here is what I see on the H1. The solid lines are the H1. The dashed lines are the H4.
So likely that H1 will continue down a bit more on a pullback, then return up and make a new high and complete the H4 up swing.

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To free Gazans of Hamas, use whatever it takes.
  • #810,272
  • Feb 18, 2024 2:47pm Feb 18, 2024 2:47pm
Quoting DmShka
{quote} {image}
so show me the flag...
  • #810,273
  • Feb 18, 2024 2:50pm Feb 18, 2024 2:50pm
Quoting Waveskierrob
{quote} so show me the flag...
You are welcome!
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  • #810,274
  • Feb 18, 2024 2:52pm Feb 18, 2024 2:52pm
Quoting DmShka
{quote} You are welcome! {image}
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  • #810,275
  • Feb 18, 2024 3:04pm Feb 18, 2024 3:04pm
GBPUSD price action on the daily time frame broke down the 1.27600/1.26100 horizontal channel (red) but has failed to produce a bearish follow-through. Presently, price action is sideways just below the lower boundary of the channel. Nevertheless, the dominant technical structure is bearish and, thus, bears are favoured to be more successful in the market than bulls.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #810,276
  • Feb 18, 2024 3:07pm Feb 18, 2024 3:07pm
Quoting Waveskierrob
{quote} {image}
But seriously he even didn't tell what flag is it.
Edited: he told, but without chart it's useless anyway
My view will be like that,
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  • #810,277
  • Feb 18, 2024 3:21pm Feb 18, 2024 3:21pm
Quoting Pat Chiko
{quote} Ask, and it will be given to you; seek, and you will find; knock, and the door will be opened to you. Go here and dont stop in between. price-action-powerhouse
Great stuff! Will give my opinion of what I think is going on.
  • #810,278
  • Feb 18, 2024 4:02pm Feb 18, 2024 4:02pm
Quoting Pat Chiko
{quote} Ask, and it will be given to you; seek, and you will find; knock, and the door will be opened to you. Go here and dont stop in between. price-action-powerhouse
Here Pat, this is what I have in my head when thinking about S&D. Thanks for all the great info and would love it if you would take a quick look at the chart and tell me if you see anything that you think is wrong with it, so I can improve. Thanks!

So, I look at the trend and S&D zones.

This isn't as easy as it looks... there is so many useless information on the chart and distinguishing between useful and useless takes time. Prior S&D zones that aren't filled with orders anymore for example...
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  • #810,279
  • Feb 18, 2024 4:27pm Feb 18, 2024 4:27pm
Quoting Ferna
{image}
Wels catfish.
  • #810,280
  • Feb 18, 2024 4:29pm Feb 18, 2024 4:29pm
Quoting Whatevs
{quote} Here Pat, this is what I have in my head when thinking about S&D. Thanks for all the great info and would love it if you would take a quick look at the chart and tell me if you see anything that you think is wrong with it, so I can improve. Thanks! So, I look at the trend and S&D zones. This isn't as easy as it looks... there is so many useless information on the chart and distinguishing between useful and useless takes time. Prior S&D zones that aren't filled with orders anymore for example... {image}
I wonder. Do we consider S/D zones the same way Sam Seiden do. Do we draw them the same way? Or are they different?
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