Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#846,381
Nov 26, 2024 3:33am Nov 26, 2024 3:33am

Headland
Joined Apr 2020 | Status: Trader | 8,806 Posts

...probably just triggered the buy stops and sell limits above the Asian hi in that prev 1hr sw hi zone = pot res for a false 1st upside b/o of it.

1hr below

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Trader with an Edge.

#846,382
Nov 26, 2024 3:36am Nov 26, 2024 3:36am

Abeylyn
Joined Dec 2020 | Status: Trader | 1,673 Posts

Quoting HaLBot

Disliked

{quote} Yes I noticed Euro started to move so bought it at 1.0494 and also cable at 2552 Sold at 2570 with a buy limit set for 2564 if it gets back there but might have to jump in again higher which means I miss some pips But stop now at 2580, will move lower if price drops lower {image}

Ignored

The only cogent way to learn Forex is through real live charts and discussions.

Mr. A success doesn't equate Mr. B's failure but a reference point to manage risk and possibly improve on one's strategy.

That's my perspective.

Nice to see your perspective.

Market Structure is the King.....

#846,383
Nov 26, 2024 3:45am Nov 26, 2024 3:45am

Headland
Joined Apr 2020 | Status: Trader | 8,806 Posts

Quoting Abeylyn

Disliked

{quote} ....Mr. A success doesn't equate Mr. B's failure but a reference point to manage risk and possibly improve on one's strategy. That's my perspective.

Ignored

Hi. I hope dempire1 is reading your post. He seems agitated and angry that he can't get TA to 'work' for him, and despite apparently having a profitable non-TA edge, he is preoccupied with posting here, calling us all 'numbnuts' for believing that TA does 'work' for some of us, and demands proof that it does, like we were selling him something, or wanting to trade his account! Lol.

Trader with an Edge.

#846,384
Nov 26, 2024 3:53am Nov 26, 2024 3:53am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts

Again waiting for next sell areas , this time over 2573/ 79 . And buy arounds Waiting
But if 2560 then may for 2590 !

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Not understand?better not follow my analyses!doubt clearer first, risks ++

#846,385
Nov 26, 2024 3:54am Nov 26, 2024 3:54am

HaLBot
Joined Jan 2016 | Status: Trader | 5,200 Posts

Quoting Abeylyn

Disliked

{quote} The only cogent way to learn Forex is through real live charts and discussions. Mr. A success doesn't equate Mr. B's failure but a reference point to manage risk and possibly improve on one's strategy. That's my perspective. Nice to see your perspective.

Ignored

The pump yesterday started at 1.2548 so thinking anything above 2550 is time to go long and keeping an eye on it but got distracted by a show called 'Carfix' and missed Euros initial move otherwise would have bought Euro earlier.
Carfix love this show but finished in 2022 so all old episodes but great information, learn heaps and the format is different to other car resto shows.

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Don't Leave Money on the Table

#846,386
Nov 26, 2024 3:54am Nov 26, 2024 3:54am

Abeylyn
Joined Dec 2020 | Status: Trader | 1,673 Posts

Quoting Headland

Disliked

{quote} Hi. I hope dempire1 is reading your post. He seems agitated and angry that he can't get TA to 'work' for him, and despite apparently having a profitable non-TA edge, he is preoccupied with posting here, calling us all 'numbnuts' for believing that TA does 'work' for some of us, and demands proof that it does, like we were selling him something, or wanting to trade his account! Lol.

Ignored

So surprise about his conduct. We are suppose to be partners in progress but unfortunately turned apart by his own mindset..

Anyway, probably his own attitude that needs to be managed.

Headland, I need you to assist in recommending a very effective Support Resistant Indicator. Tried to mail you but denied access...

I wish to get certain issues right to deliver myself from slavery and over reliance on entity stuff.

Let me know how to get intouch.

Thanks.

Market Structure is the King.....

#846,387
Nov 26, 2024 3:58am Nov 26, 2024 3:58am

HaLBot
Joined Jan 2016 | Status: Trader | 5,200 Posts

Quoting Abeylyn

Disliked

{quote} So surprise about his conduct. We are suppose to be partners in progress but unfortunately turned apart by his own mindset.. Anyway, probably his own attitude that needs to be managed. Headland, I need you to assist in recommending a very effective Support Resistant Indicator. Tried to mail you but denied access... I wish to get certain issues right to deliver myself from slavery and over reliance on entity stuff. Let me know how to get intouch. Thanks.

Ignored

Headland is very difficult to get in touch with, you'll need to go thru Antoine Armand at the Ministry of Economics, Finance and Industrial and Digital Sovereignty

Don't Leave Money on the Table

#846,388
Nov 26, 2024 4:03am Nov 26, 2024 4:03am

Headland
Joined Apr 2020 | Status: Trader | 8,806 Posts

Quoting Abeylyn

Disliked

{quote} So surprise about his conduct. We are suppose to be partners in progress but unfortunately turned apart by his own mindset.. Anyway, probably his own attitude that needs to be managed. Headland, I need you to assist in recommending a very effective Support Resistant Indicator. Tried to mail you but denied access... I wish to get certain issues right to deliver myself from slavery and over reliance on entity stuff. Let me know how to get intouch. Thanks.

Ignored

Hi, sorry but I don't accept private messages and have shouts disabled too on my profile. I limit my time and engagement here, and have no wish to change that. Re a potential support/resistance indy, there are many on this forum for eg, just do a search. I can't vouch for any of them I'm afraid, but from what I've seen they are all much the same. Personally I mark it all in manually on my 1hr+ charts with the rectangle tool in the Line studies toolbox on MT4, (adding fibs and trendlines too, and also calculated pivots like Dly R1, Wkly S2 etc via an indy [again available here,]) and update manually as price discovery takes place. Good luck with your goal.

Trader with an Edge.

#846,389
Nov 26, 2024 4:06am Nov 26, 2024 4:06am

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

I am so happy i got money earlier
If i have to wait for my selery on the 8th of December
, I would missed the bulls move to 1.27800+
Yes yes yes

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yes yes yes

#846,390
Nov 26, 2024 4:07am Nov 26, 2024 4:07am

jjoohhnnyy13
| Joined Oct 2019 | Status: Trader | 129 Posts

Quoting Moty

Disliked

I am so happy i got money earlier If i have to wait for my selery on the 8th of December , I would missed the bulls move to 1.27800+ Yes yes yes {image}

Ignored

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Always follow your own shit

#846,391
Nov 26, 2024 4:08am Nov 26, 2024 4:08am

HaLBot
Joined Jan 2016 | Status: Trader | 5,200 Posts

Quoting Moty

Disliked

I am so happy i got money earlier If i have to wait for my selery on the 8th of December , I would missed the bulls move to 1.27800+ Yes yes yes {image}

Ignored

Selery = Salary

Celery is a food

Don't Leave Money on the Table

#846,392
Nov 26, 2024 4:14am Nov 26, 2024 4:14am

Abeylyn
Joined Dec 2020 | Status: Trader | 1,673 Posts

Quoting Headland

Disliked

{quote} Hi, sorry but I don't accept private messages and have shouts disabled too on my profile. I limit my time and engagement here, and have no wish to change that. Re a potential support/resistance indy, there are many on this forum for eg, just do a search. I can't vouch for any of them I'm afraid, but from what I've seen they are all much the same. Personally I mark it all in manually on my 1hr+ charts with the rectangle tool in the Line studies toolbox on MT4, (adding fibs and trendlines too, and also calculated pivots like Dly R1, Wkly S2...

Ignored

Yeah! got the point.

Already interpolated those stuffs and discovered all gives a zone though higher or lower probability. Thinking of an indicator that would be able to combine machine learning and pick just high probability zone automatically.

Thanks for the response.

Market Structure is the King.....

#846,393
Nov 26, 2024 4:23am Nov 26, 2024 4:23am

Headland
Joined Apr 2020 | Status: Trader | 8,806 Posts

Quoting Abeylyn

Disliked

{quote} Yeah! got the point. Already interpolated those stuffs and discovered all gives a zone though higher or lower probability. Thinking of an indicator that would be able to combine machine learning and pick just high probability zone automatically. Thanks for the response.

Ignored

For me, and I speak generally here, the highest probability potential supp/res/sbr/rbs zones (ie highest probability of seeing a bounce away from as opposed to break thru,) are the ones where the fractal swing exists as such on multiple t/f's, or @ least on the one above the t/f you are looking at. Also when there is confluence of other factors like fibs, t/lines, and calculated pivots can be good. I don't know whether there is a greater probability of a bounce or break until price approaches them, and then that's not on all of them, I can start to get a idea re my edge (when it sets-up) and I act accordingly, if confirmed by PA, ie go with the greater probability, - hold for the break (if in a trade,) or trade against the prevailing price direction/trend for a bounce. When price approaches one it is also useful to know if price is trending, and how many t/f's that trend exists on, including and above the one you are going to use as the trigger for entry.

Trader with an Edge.

#846,394
Nov 26, 2024 4:24am Nov 26, 2024 4:24am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts

;looking for short 2586/ 90
Initial signal 2574 , good signal 65 and first confirmation 53

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Not understand?better not follow my analyses!doubt clearer first, risks ++

#846,395
Nov 26, 2024 4:48am Nov 26, 2024 4:48am

jjoohhnnyy13
| Joined Oct 2019 | Status: Trader | 129 Posts

Quoting jjoohhnnyy13

Disliked

{quote} {image}

Ignored

I closed it now...

Always follow your own shit

#846,396
Edited 5:02am Nov 26, 2024 4:49am | Edited 5:02am

Headland
Joined Apr 2020 | Status: Trader | 8,806 Posts

...Intraday remains bullish so far... price has reached 76.4% of y/day's day's hi - Asian lo/current dly lo move in the run up after testing the pot supp zone that extends down to last week's lo, @ the said current dly lo. 2nd upside b/o of Asian hi remains true so far. No b/o's of last wk's hi or lo so far this week, either way, but 2 x false downside b/o's of y/day's lo so far today. 91% of 30day adr traveled so far today.

1hr below

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