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Cable Update (GBPUSD)

  • #832,361
  • Jul 15, 2024 12:42pm Jul 15, 2024 12:42pm
Quoting thevisitor
{quote} Coreg, tried CCI, 15 years ago but it is another useless indicator.. it is overbought/ oversold...nothing helpful
TV, maybe you didn't find a way to benefit from it. I successfully used CCI for a long time but dropped it b/c wave extensions give me the same information. I still have a template for it and will post the charts with this indicator.
The chart is coming out soon.
Always trade your own plan...I don't provide trading signals.
  • #832,362
  • Jul 15, 2024 12:43pm Jul 15, 2024 12:43pm
Quoting thevisitor
current this is a buy for me don't follow me TP 1.32
TV, please, give me the TF you took this trade based on.
Always trade your own plan...I don't provide trading signals.
  • #832,363
  • Jul 15, 2024 12:43pm Jul 15, 2024 12:43pm
Almost every one was wrong in spotting levels in GU
today or ( every day? )
Intraday only.
  • #832,364
  • Jul 15, 2024 12:44pm Jul 15, 2024 12:44pm
Quoting ScalaFX
{quote} so far so good, hope for good deep correction to blow some buyers, GU the same
1.29 max for me, buying the dips
  • #832,365
  • Jul 15, 2024 12:47pm Jul 15, 2024 12:47pm
Quoting thevisitor
{quote} 1.29 max for me, buying the dips
Yes, must watch PA at this level, if week drop and close under I will be adding shorts, otherwise will switch to long
People don't plan to lose. They lose because they don't plan.
  • #832,366
  • Edited 1:11pm Jul 15, 2024 12:49pm | Edited 1:11pm
h1 slowly breaking first structure, 10 min to go
d1 forming pin, lets see stay bearish or not
People don't plan to lose. They lose because they don't plan.
  • #832,367
  • Jul 15, 2024 12:50pm Jul 15, 2024 12:50pm
Quoting Coreg2004
{quote} TV, maybe you didn't find a way to benefit from it. I successfully used CCI for a long time but dropped it b/c wave extensions give me the same information. I still have a template for it and will post the charts with this indicator. The chart is coming out soon.
great coreg, i don't like it but i am willing to learn how it propper works.
  • #832,368
  • Jul 15, 2024 12:50pm Jul 15, 2024 12:50pm
Quoting Waveskierrob
{quote} Another post in profit, how do you do it Leon , you're the best
Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #832,369
  • Jul 15, 2024 12:50pm Jul 15, 2024 12:50pm
Quoting ScalaFX
{quote} Yes, must watch PA at this level, if week drop and close under I will be adding shorts, otherwise will switch to long

i can see short soon...
MY OPINION NOT FINANCIAL ADVISE
  • #832,370
  • Jul 15, 2024 12:53pm Jul 15, 2024 12:53pm
Quoting donfriday
{quote} i can see short soon...
I will be happy with 1.27
People don't plan to lose. They lose because they don't plan.
  • #832,371
  • Jul 15, 2024 12:53pm Jul 15, 2024 12:53pm
Quoting navk
Almost every one was wrong in spotting levels in GU today or ( every day? )
sorry navk, for me it tells me you were buying the lows?
  • #832,372
  • Jul 15, 2024 12:57pm Jul 15, 2024 12:57pm
I using RSI almost from beginning my journey as a trader, I found profitable way and you can see this indi almost at every chart I posting, but I dont watch at oversold or overbought area, thats a lie and every full time trader now this, better to watch 50 level at the beginning, under trend is down, above trend is up, watching multiple TF to see when is starting a good trade
P.S. sorry but I cant say more of course thats only a one of many things Im alayzing
People don't plan to lose. They lose because they don't plan.
  • #832,373
  • Jul 15, 2024 12:58pm Jul 15, 2024 12:58pm
For 10.pips retracement
Attached Image (click to enlarge)
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yes yes yes
  • #832,374
  • Jul 15, 2024 1:00pm Jul 15, 2024 1:00pm
Quoting Coreg2004
{quote} TV, please, give me the TF you took this trade based on.
Coreg, weekly but it is my way of counting
1.2930 is likely
1.3050 next
1.3150, an overshoot to 1.32
  • #832,375
  • Jul 15, 2024 1:02pm Jul 15, 2024 1:02pm
Quoting ScalaFX
{quote} I will be happy with 1.27


i am looking at a very similar pattern

i would love to see a move back 1.2875 and dumb money will buy it 1.31 to 1.32 may start the sell...maybe in August
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #832,376
  • Jul 15, 2024 1:03pm Jul 15, 2024 1:03pm
Quoting Moty
For 10.pips retracement {image}
Na that retracement fit put you for unwanted trap.
  • #832,377
  • Jul 15, 2024 1:06pm Jul 15, 2024 1:06pm
Attached Image (click to enlarge)
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yes yes yes
  • #832,378
  • Jul 15, 2024 1:08pm Jul 15, 2024 1:08pm
Quoting donfriday
{quote} i am looking at a very similar pattern i would love to see a move back 1.2875 and dumb money will buy it 1.31 to 1.32 may start the sell...maybe in August {image}
thats will be great
People don't plan to lose. They lose because they don't plan.
  • #832,379
  • Jul 15, 2024 1:14pm Jul 15, 2024 1:14pm
Quoting Waveskierrob
{quote} Good post, so at what price was the GU overbought and who decides that it's the overbought price...
Looks like I " Overquestioned"...
  • #832,380
  • Jul 15, 2024 1:16pm Jul 15, 2024 1:16pm
Here is an example of how people use smart proprietary indicators. When the price is under the red line sloping down enter only long trades and exercise the patience until you are in black. Would you expect this person to know how to use CCI?
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Always trade your own plan...I don't provide trading signals.
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