i love your TP level

Weekly COT report Analysis + Trade Ideas

I sense some argument brewing between members again.

Cable Update (GBPUSD)

The concept of OVERBOUGHT & OVERSOLD has been misleading. The market always have a target to fulfil daily, weekly, monthly and yearly. So until the market reaches there, you cannot consider a trend to be exhausted or not. The question here is, how ...

Cable Update (GBPUSD)

170+ pips. if the price closes above Sept OP then we should see Sept high by week end

Cable Update (GBPUSD)

True. Like the saying also goes: "Let the trend be your friend"

Cable Update (GBPUSD)

So are you buying or selling?

Cable Update (GBPUSD)

Came on.. You are hurting the feelings of the sellers. Funny though

Cable Update (GBPUSD)

ok. Another 1hr SW zone is formed. But i am looking at Sept OP : 3366

Cable Update (GBPUSD)

Maybe we can have a test of this 1hr SW before buy continues...IMO

Cable Update (GBPUSD)

You are right Sir.. Thanks for the heads up But as you can see, last week's high is broken. so 50% pullback will be somethings else. hmmm But hey anything can happen.

Cable Update (GBPUSD)

Buy continues..

Cable Update (GBPUSD)

Next week will be fun with this indicator.. will keep you posted. image Cheers

Cable Update (GBPUSD)

We have to assume before we meet reality. Predictions are good to keep us ahead of the game until reality steps in to defy our rules. If you sell when you see a BULLISH candle and it works out, hurray!! That is your assumption coming through. But as ...

Cable Update (GBPUSD)

True. Let see how today will close.

Cable Update (GBPUSD)

Good observation Sir. For me, i think prices are stuck in the Daily SW Zone. September OP will be my target for the buy before i will consider looking for selling opportunities.

Cable Update (GBPUSD)

All clear now. I guess this chart will explain it further.

Cable Update (GBPUSD)

Patience bro..

Cable Update (GBPUSD)

Hello Sir, can you elaborate more on this thought of yours? Please

Cable Update (GBPUSD)

The market just needs to take out yesterday's high and close above it. Then the bulls are in.

Cable Update (GBPUSD)

Selling Pressure influence by this SW Zone on 4hr. If it breaks then the buyers will completely take control.

Cable Update (GBPUSD)