Cable Update (GBPUSD)

Quoting fxdeductions

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5min to 15min according to the 1min picture of power to the upside 1st target 1.23280 2nd target 1.23770 image 1: 5 min image 2: 15min image 3:1 min {image}{image} {image}

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Quoting digger1

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Mr b should be making a killing , a whole lot of 15 min H&S patterns since the quarterly pivot let go {image}

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Quoting fxdeductions

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{quote} 2nd attempt today 5min snapback to 20EMA now looking for above water, entry on 1 min. image 1: 5min image 2: 1min {image} {image}

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Quoting fxdeductions

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{quote} 2nd attempt today 5min snapback to 20EMA now looking for above water, entry on 1 min. image 1: 5min image 2: 1min {image} {image}

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Quoting digger1

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{quote} your snap back tht you talk about works both ways, falling mkt snap up sell it, rising mkt snap down ya buy it,,,,, be biased the way the mkts going

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Quoting fxdeductions

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1.2367 tomorrow

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Quoting digger1

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{quote} Look at your top chart there,,,, ya cant get a better H&S pattern than tht, head pokeed thru your average ,,, right shoulder used average for resistence in a falling market,,,, tht is a pull the trigger on all your leverage trade,,,, head area a tight stop area,, take 10 , 15 pips on 5, 10 lots then walk away lol, ,,,,,,,, use them averages going both ways with a few simple patterns you will be a happy trader

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Quoting digger1

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{quote} lol, one more good 15 min pattern it will be there,,, bout your lunch time tomorrow,,,,,giddy up ha

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Quoting fxdeductions

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{quote} Hello digger I didn't quite understand your first reply but I understand your second... could you explain first post again please, thanks... but yes for the second post, example 15min has hit 20ema and price below water 200ema so sell. where as I have taken trade against the trend on the 5 min as overall strong to the downside. risky??? 5min and 15 min chart images with 20 ema and 200ema I took the snapback from https://www.forexfactory.com/showthr...77#post9615377 thanks fxd {image} {image}

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Quoting digger1

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{quote} your snap back tht you talk about works both ways, falling mkt snap up sell it, rising mkt snap down ya buy it,,,,, be biased the way the mkts going

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Quoting elbert3

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{quote} Lol the big move on the plan is rate rise gb or us !!

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Quoting elbert3

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{quote} Are you using Heikin-Ashi,

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Quoting digger1

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{quote} no

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Quoting digger1

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{quote} your 5 min chart has head and shoulder patten with whatever average that is,,,,, sorry on my phone,,,,, that average is just at the top of the shoulders,,,,,,, pattern is also faintly visible on the 15 min chart, look at how many u can pick out on both charts since the gbp stated falling ,,,,, you have been trying to buy at points it was gonna snap up,,,,,, falling mkt like this you sell on the snap up, snaps up to your 5 min averger wait for the pattern to develope pull trigger on right shoulder,,, now if it gets above your 5 min average...

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Quoting elbert3

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{quote} MM what then . Trend robot ?

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Quoting elbert3

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{quote} MM what then . Trend robot ?

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Quoting fxdeductions

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{quote} thanks digger Yes I was a bit concerned there about the 15min actually so I closed a little shy of the 200ema on the 5 min for that reason. yes I have been trying to buy the neckline before the head had formed, ha {image}

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Quoting fxdeductions

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{quote} thanks digger Yes I was a bit concerned there about the 15min actually so I closed a little shy of the 200ema on the 5 min for that reason. {image}

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Quoting elbert3

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{quote} Did you put 50 ema on ?? When you get a day like today the consolidation on the lower time charts can f... K you over unless thight sl are in place . If yo look 5 min chart with 10 and 20 emas only and see how many times there cross . Now put them on a day or weekly chart and what do you get .?? Have a look and tell me . Regards E

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