demo chart
not a easy short by any means..retest of support perhaps..quite hard to be sure
not a easy short by any means..retest of support perhaps..quite hard to be sure
Why is GBPUSD called cable? 67 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
Dislikedyour charts are too small..can't you screenshot them using snagit or jing or even MS paint and post larger pics ? you can even use the snipping tool if using windows vista or 7. ThanksIgnored
Dislikedno i didn't! tks for remind me about it !!!!
this move reversed 1st @5915 strong + 35pips
then @5902 again strong! even more, considering bad gdp final release!
what i mean is: if this is a bearish pattern, price should be already below 5880. until i see her below that line, i will have my eyes in buy button to a possible target above 6000.
of course, not today!!! today looks like done to setup and test.Ignored
Dislikedthanks for the info
let's see now but the ones I took yesterday I cannot make them bigger anymore.if you zoom in you will see them more or less.Ignored
Dislikeddemo chart
not a easy short by any means..retest of support perhaps..quite hard to be sureIgnored
Dislikeddemo chart
not a easy short by any means..retest of support perhaps..quite hard to be sureIgnored
Dislikednice chart! as always!
i see exactly what i mean: if breakes down below 5880 will very probable test these lows as supply!
still not happening! let's see.Ignored
Dislikedwell that flat kumo base is actually the 50% fibo as well.I don't know why but lately(as I don't use fibo on a daily basis)I saw that EU and GU love the 50% level in particullar...don't know why.
EU normally bounces off 50% GU so so
that flat base is 5886.the more hours we spend here the more the candles will shift right and the base of the kumo will be 1.5900.
Meaning that with the next H1 candle the base will be 5899 and 2 hours later 1.5900.
that's why I said that I will trail from 5888 (2 pips ahead of 5886) just to be surecoz it will either...Ignored
Dislikedsorry naV I got a noob question to ask u, what do u mean by retest of support? Touching it or breaking it? :nerd:Ignored
Dislikedthis chart is very clear!
i see so many times this pattern in m1 m5 charts everywhere but GU loves this kind of pattern!
the "small" bull flag seen last week, is the best declaration of demand.
if this was an m5 chart, would be an obvious long with a stop below that "small" bull flag, and target next main supply.
after that, if moves down, will find the wall again exactly at the "small" bullflag.
just my interpretetion!Ignored
DislikedAs nAVIN said.....tricky short here.....but may be worth the risk.....Ignored
Dislikeddemo chart
not a easy short by any means..retest of support perhaps..quite hard to be sureIgnored
Dislikednot a noob question..no question is a noob question
means it is acting as a support as it was recent resistance, now price pullbacks to the point..where the key players can either load up or use the area to trick the retail players (us)
right now..we in the place where it can go up but also sink..depends on yur analysis but its 50:50 according to meIgnored
DislikedYour divergence lines played out nicely. Isn't there some bearish divergence developing on that chart, now?Ignored
Dislikednope there isnt..but the index has bullish diverence which will keep cable up..so in my view i personally dont see a tank (huge sell off) monthly is worrying..as body is bearish so far, indecision to move up..so its tricky not clear
quarterly ends at monthly close and the higher it is the better..keeping long term target alive
why is this area tricky any1? 1.5923 aroundIgnored