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Cable Update (GBPUSD)

  • #832,481
  • Jul 16, 2024 10:22am Jul 16, 2024 10:22am
Quoting JayBag
{quote} Even if you choose to ignore the potential head and shoulders pattern on H1, we are still likely to reach the neckline for an inverted H&S. However, I have other factors to consider for this short position. I only mentioned the head and shoulders pattern because it's more obvious and a popular Cheers
this is no has pattern..for sure..
mark it..
  • #832,482
  • Jul 16, 2024 10:27am Jul 16, 2024 10:27am
So I had my plan and TP in place from an area I expected to dump.

Entry and TP worked out as planned.

Whatever terminologies and Technicals that works for you, use it.

OVERBOUGHT worked for me
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  • #832,483
  • Jul 16, 2024 10:30am Jul 16, 2024 10:30am
Quoting thevisitor
{quote} this is no has pattern..for sure.. mark it..
Thing is, you will only see it when it's a bit too late, so I understand why you not seeing it ATM
  • #832,484
  • Jul 16, 2024 10:32am Jul 16, 2024 10:32am
Quoting JayBag
{quote} Thing is, you will only see it when it's a bit too late, so I understand why you not seeing it ATM
Experience talks...
  • #832,485
  • Jul 16, 2024 10:41am Jul 16, 2024 10:41am
Quoting JayBag
{quote} Thing is, you will only see it when it's a bit too late, so I understand why you not seeing it ATM
ok, maybe i am a slow learner..it is no head and shoulder
  • #832,486
  • Jul 16, 2024 10:41am Jul 16, 2024 10:41am
Quoting ScalaFX
I dont get it, GU fallen after data Gold climbing ha up, I know this is manipulation to shake week sellers, Gold will colapse soon, Im adding 2nd batch od shorts from 2450 to 2460 every dollar
We have any news from USD? Why Gold making such a move
People don't plan to lose. They lose because they don't plan.
  • #832,487
  • Jul 16, 2024 10:45am Jul 16, 2024 10:45am
Quoting thevisitor
{quote} ok, maybe i am a slow learner..it is no head and shoulder
Could it be bias at play here? I mean for both of us?
  • #832,488
  • Jul 16, 2024 10:49am Jul 16, 2024 10:49am
Quoting JayBag
{quote} Could it be bias at play here? I mean for both of us?
head and shoulder?



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  • #832,489
  • Jul 16, 2024 10:53am Jul 16, 2024 10:53am
Quoting thevisitor
{quote} head and shoulder? {image} {image}
I mean, could it be BIAS not making both of us see what's there and what's not?
  • #832,490
  • Jul 16, 2024 10:53am Jul 16, 2024 10:53am
Quoting thevisitor
{quote} head and shoulder? {image} {image}
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  • #832,491
  • Jul 16, 2024 10:55am Jul 16, 2024 10:55am
Quoting eyefeelsix
{quote} I have to be extra patient with gold even though I have to keep going in and out with 0 profit, maybe he want taking bsl on top {image}

Gold, current short atm for huge return

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https://breakpullback.com
  • #832,492
  • Jul 16, 2024 10:56am Jul 16, 2024 10:56am
Quoting xDREx
{quote} {image}
nope
sit and learn
  • #832,493
  • Jul 16, 2024 10:56am Jul 16, 2024 10:56am
Quoting ScalaFX
{quote} We have any news from USD? Why Gold making such a move
USD rose because of poor economic data suggesting that inflation is alive and well in the US.
  • #832,494
  • Jul 16, 2024 10:59am Jul 16, 2024 10:59am
Quoting thevisitor
{quote} nope sit and learn
I love to learn, but not sitting.... i prefer hands on learning.
All my trade ideas are registered, i will come back to you
  • #832,495
  • Jul 16, 2024 11:00am Jul 16, 2024 11:00am
Quoting xDREx
{quote} {image}
I think you just made it CLEARER. Thank you
  • #832,496
  • Jul 16, 2024 11:04am Jul 16, 2024 11:04am
Quoting ScalaFX
{quote} We have any news from USD? Why Gold making such a move
why shouldn’t it? There have been no reason to sell off (only to take profits).
How to succeed in zero sum game?
  • #832,497
  • Jul 16, 2024 11:04am Jul 16, 2024 11:04am
Quoting ScalaFX
{quote} We have any news from USD? Why Gold making such a move
maybe he is taking all stop-losses above 2450 before
https://breakpullback.com
  • #832,498
  • Jul 16, 2024 11:05am Jul 16, 2024 11:05am
Quoting xDREx
{quote} {image}
mark it:

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  • #832,499
  • Jul 16, 2024 11:09am Jul 16, 2024 11:09am
Quoting thevisitor
{quote} mark it: {image}
BIAS is a terrible thing. Anyway, let's see how it goes.
If you win, I will congratulate you.

Take care, bro
  • #832,500
  • Jul 16, 2024 11:10am Jul 16, 2024 11:10am
Quoting eyefeelsix
{quote} maybe he is taking all stop-losses above 2450 before
How to succeed in zero sum game?
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