Cable Update (GBPUSD)

Quoting F.g

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{image} I lowered my SL , as shown , to stay with the long side fttb.....

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Quoting Traderview

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Yesterday Daily closed above 1.2685. This is the first time it closed above of 1.2680 since FEB 2nd. For bulls I'm marking 1.2655 - 1.2675 as support for PA above 1.27. Wait for the proper support get created at these levels. If bulls doesn't move on LO it'll be surely on NY ro US numbers. I will be buying the dips. {image}

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Quoting Bones

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{quote} That post is a Thursday, Dr Dave said you can't read a candle before it closes. He's the guy that never had the price on his chart, but moving averages.

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Quoting Whatevs

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We'll probably get a retracement tomorrow and should probably use that retracement to go long. Tomorrow's the day to pay attention.

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Quoting Zebi

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so pprice just closed under the pmi candle midpoint so thats bearish for now so im glad price is slowing turning back down just like moe in the 3 stooges https://youtu.be/MYP1OBZfFK0?t=65 {image}

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Quoting HaLBot

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Hey Hey my membership has been re-instated Apparently because I said the 'N' word, no not that 'N' word the other one associated with Europeans but was saying it in jest and no one was offended lol But then maybe it wasn't the case and someone in spite had me suspended, I mean I'd complain about me if I wasn't me

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Quoting Zebi

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so the PMI is a survey of 300 people and it did miss but still above 50 so expansion continues albeit at a slower pace which is what the FED wants so they dont caause a recession...have i got that right?... the "our gang little rascals " of spanky, alfalfa buckwheat and porky say im narcissistic and retarded so im asking the geniuses in here why the bears aint afraid of the big bad pmi number? a big miss like that shud be much hier dont everybody think? a close below 2706 on daily means still bearish bias and ill hold my short...wont add anymore...

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Quoting Nordling

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{quote} Woah there man, we can have this convo without offending DrDave or others I know you are a good man and you actually mean well, we can have this discussion within the borders of respect So you are saying that we should read these formations before they happen? That's the first time i am hearing it. And it makes sense to me actually

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Quoting DrDave

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{quote} So you are saying that we should read these formations before they happen? That's the first time i am hearing it. And it makes sense to me actually If ALL of the bars that comprise a pattern have not formed, then that is a POTENTIAL pattern, not an actual pattern. Take Elliott waves, for potential versus actual pattern example. You see an swing A, a swing B, and before it has complete swing C, you THINK you are seeing swing C , producing a simple ABC correction and trade accordingly. But OOPS! It was not a C in a 3-swing correction after...

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Quoting Nordling

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{quote} Thx for the detailed explanation buddy, you are the man! What would you say about the success rate of these candlestick patterns?

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Quoting Nordling

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{quote} Thx for the detailed explanation buddy, you are the man! What would you say about the success rate of these candlestick patterns?

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Quoting Zebi

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HALBOT if your medicine had worked that you prescribed me and helped me grow my nuts id be shorting this price action but as it is ill just sit underwater for now and not average up till after the close if i get a sell signal on 4H or daily {image}

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