now it seems like a false breakout (1D) I'm still biased bullish on this. DXY 1D bearish (bearish trendline resistance) BXY is bearish too (1D) but not something significant on this one to share. screenshots: 1. GBPUSD 2. DXY 3. BXY

Cable Update (GBPUSD)

You're welcome, Pat. I always check your charts to learn something new, just like now. Yeah, you're right, probably a downward movement is on the way. Moreover, it seems that drawing fibo on the weekly timeframe has something to say to us, right? ...

Cable Update (GBPUSD)

the thing is that this horizontal yellow line which previously was acting as a support, now has turned into resistance. let's see what would happen...

Cable Update (GBPUSD)

Does this updated trend channel make any sense?

Cable Update (GBPUSD)

they will make their moves ONLY when you're asleep assured lol when you're awake: Ranging, sideways, stuck in support / resistance and not moving Joking

Cable Update (GBPUSD)

EURNZD long 308 pips profit running - 60 pips NZDUSD (which I was long and the news messed things up otherwise it was going to be a huge buy)

Cable Update (GBPUSD)

broker's trading tips (not a financial advice though, trade based on your own analysis): Main scenario Long positions will become relevant above the level of 1.2746 with the targets at 1.3398–1.3754. Implementation period: 7 days and more. ...

Cable Update (GBPUSD)

how! I'm new to this forum

Cable Update (GBPUSD)

nice, where did you get this from?

Cable Update (GBPUSD)

cable is in the consolidation period, probably not gonna enter any trade for now

Cable Update (GBPUSD)

chfjpy and 200 pips still running... I don't usually trade the jpy pairs (except usdjpy) but seems worth it

Cable Update (GBPUSD)

this is the same resistance htf is referring to

Cable Update (GBPUSD)

after using HTF for a while, I've just come to realize that HTF = support / resistance and nothing else and it may break it and go beyond!(and happens alot)

Cable Update (GBPUSD)

cut the losses short, and let the profit run I've heard this in a random youtube video and the idea is absolutely fantastic. since when I started trading, I used to do something like 1:1, 1:1.5 risk to reward ratio and then I just realized that I ...

Cable Update (GBPUSD)

either direction, a huge profit is on the way! long could go previous high as close to 1.32 and short as 1.24! my gut tells me that a massive move is coming... if the price breaks the previous low (the most recent low; 1.27500) then it might fall to ...

Cable Update (GBPUSD)

image

Cable Update (GBPUSD)

for long position, wait for a confirmation candle(4H-1D, both of them) closing above 1.29200-1.29400 currently the body of the daily candle is below the daily ascending channel. for long position to be valid, the daily candle should ...

Cable Update (GBPUSD)

There's still no confirmation candle appeared so the price is likely to move either direction. I believe that the break-out was a false one!

Cable Update (GBPUSD)

today me and my jpy positions coming very close to profit, BUT: *the man running = jpy

Cable Update (GBPUSD)

-$7 long position sl hit *small account

Cable Update (GBPUSD)