Equality will be the next big thing in trading
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Why is GBPUSD called cable? 76 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
Disliked{quote} Maybe the daily is bullish engulfing now? I dont know the criteria though..Ignored
Disliked{quote} I would not be so sure about it dropping 100s , i estimate 100 down to the old support before going up 100s D1 is above W1 there is a dip on D1 which has a nice abc correction on H4 this is indicative of an impulse move up with the first swing having already reached the top so a buy on the 4H pb is probably more viable Same with EJ , no so sure about UJIgnored
DislikedIt's time to start adding Shorts on GBP/USD. SL somewhat above 1.28 and TP 1.26. Gold has yet to drop to 1865, USD/JPY seems to be on another rally, so GBP/USD is very probably heading down finally. Plan is to wait for rejection at Resistance at 1.278 and start adding those Shorts. Volatility should start picking up now as important news are coming out tommorow and for the whole week. Also price first went for Resistance and will probably make a fake breakthrough before it starts falling. Price reacted to H4 Zone and dropped, meaning it's not yet...Ignored
Disliked{quote} yes i agree with thewraith man......it wants to go downtown!!!Ignored
DislikedDoes it really matter where it wants to go, or does it only matter where it is going... {image}Ignored
DislikedStill, I have unanswered question I would like to know the answer to. Anyone can comment and provide his opinion on why this is the case. So, whenever price breaks through the last HH, HL, LH or LL, why does the price has to come back and retest that HH, HL, LH or LL before it can advance further? Why does this retest takes place? If someone knows or thinks he/she knows please provide your opinion, because I don't know and would like to know. Thanks!Ignored
DislikedDoes it really matter where it wants to go, or does it only matter where it is going... {image}Ignored