Cable Update (GBPUSD)

Trade what you see, not what you think!

The trend is your friend!

To be honest currencies are not really “trendy”. For trend trading stocks, metals, commodities, energies for example are better and easier choices. Easy is subjective ofc.

Data more red than green but no real impact except taking out some SLs

Long dow

closed + 126,3 pips

ready for action for news and probable targets , but risky due news ! 2995 signal to 3025 + target ! if all ok

Range very tight now. Maybe the up move is done for now

Not is the top of the channel yet.

Data is green if this doesn’t take us down not sure what the trigger will be

short 2973

im gona add to shorts hier up

tp is revisit of lows


i got to stay true to my kind
https://explore.org/livecams/brown-b...UaAlbnEALw_wcB

its the last day of brics summit and seems lots of cracks exposed to their "unity"

They could let this day candle be green and filled while pushing the price down tomorrow.

Palpite...

No zone or channel is an absolute point.

For someone using support/resistant zone, 1.2970 is fine. Though price may touch the lower zone and bounce back or touch the upper and attempt to breakout before bounce.

Most important for me to emphasize that touch of channel or zone are all relative points and non is absolute.

Hence, Price is the determinant.

no great shakeout post news still to wait as 2956 likely test before target up ! waiting

Daily highs been seen i feel. The bullish move has slowed right down.

ill add another short if this hourly candle closes red in 20 minutes

I didn't pull that number out of my ass..seems statisticians came up with it ..... anyone that thinks they have an edge trading the same way hundreds of millions other people all over the world do is a moron

if the majority of traders lose all their money why trade like the majority...do it a different way

that's why I always tell people to scroll and read chats around market turns cause they'll see which methods always fail so they don't do the same thing... I am "guiding" beginners...I'm trying to get them to think the right way LOL

nobodies obligated to teach anyone...as far as I know that's not a requirement to be on FF...so I'm not gonna waste my time teaching people on the internet I don't know or will ever meet and in a lot of cases dislike ...i will however steer them in the right direction since that doesn't cost me anything so they learn something on their own like I did...i don't want to take away the pleasure and joy they'll experience from wasting years of their life learning LOL....that was humor halbot so don't get your panties twisted

and if anyone wants to "learn" my TA method I've shown it and explained it in my posts thru the years here....if some beginner thinks I make sense going against the majority of people that always lose their money than they can click the images button on my profile page and look at my 1300 charts and read what I wrote explaining them...

get target and watching how it get to the next target up!

30 min trend up heavy,1 h down,4 h down heavy,and daily up. 4 h near low border channel,but still down,so can be surprise.
1,28900 border.what happen next i dont know.