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Cable Update (GBPUSD)

  • #835,701
  • Aug 20, 2024 6:32am Aug 20, 2024 6:32am
Quoting AlfieSolomon
You can have a look at wavegarrick he is about to do a big scam . You will see in some days
Thanks for the warning. What should we be looking out for?
Compulsions can be hard to resist
  • #835,702
  • Aug 20, 2024 6:33am Aug 20, 2024 6:33am
Quoting Headland
{quote} Hi, yeh someone/something is protecting that level - the prev 1hr sw hi zone = pot res leading to current dly hi @ 3013. {image}
3 attempts today, and a decent pull back 15 odd pips..
Insane in the Brain..
  • #835,703
  • Aug 20, 2024 6:41am Aug 20, 2024 6:41am
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yes yes yes
  • #835,704
  • Aug 20, 2024 6:44am Aug 20, 2024 6:44am
Quoting Yngwie
Sold again 1.3011
closed 18p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #835,705
  • Aug 20, 2024 7:19am Aug 20, 2024 7:19am
Quoting Headland
{quote} Hi. yeh, I came across that and some of his other stuff many years ago - good guy. I use a bullish or bearish hidden divergence (re my 2 x oscillators) method. Price has to pullback to a pre-identified potential rbs or sbr level (ie a previous swing hi or lo respectively) on the next higher t/f (which must be trending, and preferably the one above that too,) And then react with good/classic PA candle (s) as trigger for entry on close, at the potential rbs/sbr level/zone/fib (s,) whilst the oscillators on that higher t/f are still pointing...
Yeah - The steeper the 10 SMA the more momentum is behind the move too, which increases the probability

Very simple and profitable

I mainly use it on UK stocks, but it works on anything and every time-frame

Ignore the Indicators, not part of the RH method

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  • #835,706
  • Aug 20, 2024 7:36am Aug 20, 2024 7:36am
Sold 1.3015
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #835,707
  • Aug 20, 2024 7:54am Aug 20, 2024 7:54am
Okay you can go to 1.31 if you are going be like this
With courage, patience, and discipline, success is a matter of time.
  • #835,708
  • Aug 20, 2024 8:01am Aug 20, 2024 8:01am
Quoting Yngwie
Sold 1.3015
Add short 1.3028
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #835,709
  • Aug 20, 2024 8:07am Aug 20, 2024 8:07am
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yes yes yes
  • #835,710
  • Aug 20, 2024 8:14am Aug 20, 2024 8:14am
Upward move very likely
  • #835,711
  • Aug 20, 2024 8:24am Aug 20, 2024 8:24am
Quoting Headland
...15/30min doji closes...which way will they resolve? Current 10/20/50 ema crosses as below {image}
How are the red/green colors determined?

10 -> 20 -> 50

A .......A 10 above 20, 20 above 50 is what color?

A .......B

B ...... A

B ...... B
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #835,712
  • Aug 20, 2024 8:30am Aug 20, 2024 8:30am
Checking , one more attempt may test previous high 3044.take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #835,713
  • Aug 20, 2024 8:31am Aug 20, 2024 8:31am
Nearly there… 13050 bring it on
Insane in the Brain..
  • #835,714
  • Aug 20, 2024 8:42am Aug 20, 2024 8:42am
This is entry candle for short
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yes yes yes
  • #835,715
  • Aug 20, 2024 8:45am Aug 20, 2024 8:45am
Quoting TooSlow
{quote} How are the red/green colors determined? .....
Hi, re 10/20/40 ema crosses graphic on my 4hr charts;

Green When 10 is above 20, and 20 is above 40.

Red When 10 is below 20, and 20 is below 40.

Grey: 10 may be above/below 20, but it is not above/below 40 -or- 20 may be above/below 40, but 10 is not above/below 20.

Current state below
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Trader with an Edge.
  • #835,716
  • Aug 20, 2024 8:55am Aug 20, 2024 8:55am
Quoting BeeTogether
Nearly there… 13050 bring it on
This time do you think it is going to break July high?
With courage, patience, and discipline, success is a matter of time.
  • #835,717
  • Aug 20, 2024 9:01am Aug 20, 2024 9:01am
Quoting JameRomeo168
{quote} This time do you think it is going to break July high?
only a few pips away. At this rate last years highs is under threat too
Insane in the Brain..
  • #835,718
  • Aug 20, 2024 9:50am Aug 20, 2024 9:50am
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Few millions of traders are ready to push the SELL button at 1.30 44 . . . . . Which might happen... or might not.....

Short here NOW as shown at 1 30.30

  • #835,719
  • Aug 20, 2024 9:53am Aug 20, 2024 9:53am
Quoting Yngwie
{quote} Add short 1.3028
cutloss
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #835,720
  • Aug 20, 2024 9:55am Aug 20, 2024 9:55am
Quoting BeeTogether
{quote} only a few pips away. At this rate last years highs is under threat too
If July high break and hold, then I think 1.31 is not safe either from bulls attack.
With courage, patience, and discipline, success is a matter of time.
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