1.5280 is the final pressure for the bear as indicated here earlier on the chart, buy stops are on above daily high on the break of 1.53's level. shorts on 1.5280/96 have good rr with stop after daily high or hedge buy stops.

Cable Update (GBPUSD)

sometimes if ur at the com/mt4/phone, its better to take the initiative rather than a calculative sharp entry than to lose the opportunity a few times :|

EURUSD

my opinion, % has no true meaning if its a micro- high leverage account, as anyone can just start small and repeat the process over and over again to gain high rewards with smaller deposits through leverage or make something that looks nice and ...

EURUSD

i like cable then eur lately because its more decisive on the rejection and bounce, and breakout is more clear too. EU can be quite terrible to trade lately as they are to prone to anything in the market. Cable tend to have trend line, fibo and tech ...

Cable Update (GBPUSD)

Hour 4 range's channel on GBPUSD. Price has yet to close under the 1.5214/10 support. A bounce/close above hourly's resistance @ 1.5234/35 will then validate this demand zone. A lower lo after 1.5195 will have breakout to the downside on the card. ...

Cable Update (GBPUSD)

to me is the strength of yen instead, as if u see clearly, gbpjpy, eurjpy and usdjpy all fell against yen. if usd is strong, they won't sink in usdjpy. eu gu and uj tend to move in the same direction as well, as eu gu gain strength and weakness from ...

Cable Update (GBPUSD)

spikes on news so far, a close below 1.5200 then will send price lower likely, 1.5200 area looks like bid still exists so far, confluence of 23.6 . A rebound to 1.5230/40 will validate the demand zone, else price is likely to go down further with on ...

Cable Update (GBPUSD)

long should wait for price to settle down first, support 1.3015 is broken, downside pressure increased. at least wait for some clear signs of bull price actions, if not is just breakout and trending to the downside as price action broke support, ...

EURUSD

possible if u predicting a lower hi to be rejected on that trend-line. I was referring to the Friday's High @ 1.5370/80 zone, above there safer for no more lower hi. But that 1.5355 forecast might be valid, depending on if the price do manage to get ...

Cable Update (GBPUSD)

i will further place buy stops after that last's lower hi on your upper tl. If usdjpy can crash 100, yen will drop for another 500-1000 likely, and this will give strengths to other yen pairs like gj and ej, indirectly gu and eu. 100 tested twice so ...

Cable Update (GBPUSD)

The main would be current lower Hi @ 1.5370/80 area of last's Friday which sent price back to 1.5210 today, if that zone is cleared by bull price action over-lapped than a breakout from 1.5415 can be in play very soon, with the help of buy stops, ...

Cable Update (GBPUSD)

Check out the recent's daily chart support/demand zone. That falls in 1.5214. 1.5217, the lowest i got today was 1.5210 area, which is more or less a spike than a breakout as there wasn't much volatility to drive price down on a Monday without much ...

Cable Update (GBPUSD)

on the bigger picture, if 1.5200/10 [23.6] holds, it will re-test 38.2 and 61.8 of daily chart. There's both buying and shorting opportunity. I prefer long if its on daily's entry and targets, as 23.6 acts as my support with small stop loss. ...

Cable Update (GBPUSD)

Mate, that's not how a Inverted H N S looks like.. It should be prices from current low's of a higher lo, and previous left shoulder which failed to become a support turns resistance. Inverted is bullish, normal is bearish because of lower high and ...

Cable Update (GBPUSD)

thanks, for the book, i already have actually, just that i am busying trading myself instead until my proteges have learned enough, then only i can spend time diversifying into other areas. And i don't intend to run a youtube channel, as it ain't my ...

Cable Update (GBPUSD)

For the benefits of those who trade what they think. " Learn to trade what you see " And it does looks like a inversed H N S from here. No support turns resistance, on that channel on the left shoulder, price will head up.

Cable Update (GBPUSD)

here's the drill keep it simple . After NY close, Mark the area of resistance/support - > Shadow of that particular's day closing, daily chart. Any after supply zone - > Is break resistance, After Demand zone is break support. Open your mobile MT4 ...

Cable Update (GBPUSD)

For me, Long terms only comes in when there's a breakout, of important support and resistance levels, mostly on daily and weekly on wards. Like eg previously 1.54-1.52 it plunge to 1.48 etc. Long term is either swing/ semi swing as mid term. Any ...

Cable Update (GBPUSD)

monday's 1495's final target. mid term 1450's mid level. 1400/5 should become temporary resistance turns support should a pull back happen. any pull back higher than 1410 will favor more bullish out look if a marabuzo is seen on hour 4.

All Majors and Gold

That works the best for USD JPY so far -> which is less prone to risk aversion compared to risk pairs like gbpjpy or eurjpy or even audjpy that moves down quickly than usd jpy in this period. Buy the pull back of higher lo or dip at support zone if ...

EURUSD