Cable Update (GBPUSD)

Quoting HaLBot

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Okay once again Cable is knocking on the hourly 100ma door currently @ 2616 and if it can break thru next next stop is the hourly 200ma @2644 And so far respecting the weekly trendline {image} {image}

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Quoting Headland

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{quote} Hi. Mate, I've been thru this so many times on this thread and another, so if you don't mind I won't go thru it again. Academically interesting though this discussion might prove to be - suffice to say I have an edge and I trade it, and it involves identifying levels/zones where there may exist an imbalance of orders to move price one way or another - as the greater probability, - not certainty.

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Quoting Naseri13

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1.02585... Just looking Retest 2620 or drop to 2400. . Who know... Time will show. Stay green

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Quoting Abeylyn

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{quote} Ranging session. No Jack knows nothing next.

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Quoting Naseri13

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So we have to look at 2533 and remembers Fontu s advice

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Quoting ScalaFX

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{quote} you deserve it Bro! Now I think BTC can fuck all and dont touch 100k right now, can slide to 90k or even 80k for big liqudity and after this will smash for 134 and 150k, will be shorting with very care some positions but also price can blow 100k and rocket further, cheers !!

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Quoting dempire1

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First element of being or becoming an informed(profitable) investor(trader) is actually understanding the structure and mechanisms of the market. This includes the realization that the market is adversarial and thus requires one to not just be informed, but to be more informed than average to be profitable. Only after that comes being informed in the nature of exchange rate forecasting.

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Quoting ScalaFX

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{quote} have some protected shorts, some closed, lets see how deep this can go

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Quoting fontu

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{quote} Daily tf , though strong down it did a reversal attempt , so bottoming try may still persist , but here ; gap fill as should do today , may not any bear decision today , as extension leg down abc to try again up , so we may see attempt to previous low with or without success, ! {image}

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Quoting T721

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{quote} are you making money, thats all that really matters

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Quoting Abeylyn

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{quote} I don't use Fontu but trend inside trend to spot my LTF direction. Fontu is also fine but more relevant during trending. Secondly, our channel placement is not also the same formation.. Here may be the end of the low for Sellers... Then buyers may takeover. 3 min. chart trend for me..... Will buy against the trend if settings are fine. 30 min. MACD variance and SAR lock, 3 min. trend, then manage set up to break even. Gap fill may come with next price touch of 1hr. Swing Ema100/200 touch depending on what you use... Time Stamp now... Expecting...

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Quoting dempire1

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{quote} I am and I can show it all the time. I can show it all the time.

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Quoting dempire1

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{quote} I am and I can show it all the time. Are/Can you?

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