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pipfarm replied Jan 29, 2023Why i am short , to put it simply structure break assuming i have marked it up correctly Examples image
Cable Update (GBPUSD)
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pipfarm replied Jan 27, 2023Last 9 bars on H1 , QM manipulation or exp flat back to SBR
Cable Update (GBPUSD)
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pipfarm replied Jan 27, 2023I have taken the short at 2395 and stop above 2432 closed my usdcad trade for +110 and audcad trade is a nice profit so far. Cable might range for a while but it is going down Target for cable 2108 , the old daily resistance
Cable Update (GBPUSD)
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pipfarm replied Jan 27, 2023Here we go , accumulation distribution and trend, this is a big player short move for sure Just the different terms for structure break retest and trend only i was not smart enough yesterday to accept it image
Cable Update (GBPUSD)
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pipfarm replied Jan 27, 2023Re assessment and i would favour shorts now but too late for an entry unless it stays in a range and it hits that top line again image
Cable Update (GBPUSD)
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pipfarm replied Jan 27, 2023I am out of Cable now, exit signal on my chart, no new high but still a profitable trade
Cable Update (GBPUSD)
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pipfarm replied Jan 26, 2023There is nothing to update, price came back to the zone i marked in my previous chart and went up, the only thing new is the last H1 higher low is that damn pattern again , once again not a higher low but a QM or wykoff, or exanding triangle pattern ...
Cable Update (GBPUSD)
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pipfarm replied Jan 26, 2023Another point is that i do not use divergence to determine if a swing will continue as i have seen traditional indicators show divergence all the while price is making eg HHs and HLs. I found the best way to use it is to confirm the corrective ...
Cable Update (GBPUSD)
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pipfarm replied Jan 26, 2023That is how it looks but i have no experiernce with that indicator to know how it works and if the divergence created with it is reliable.
Cable Update (GBPUSD)
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pipfarm replied Jan 26, 2023Classic example, look hard enough and you will find the answers image
Cable Update (GBPUSD)
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pipfarm replied Jan 26, 2023Good thinking , also be aware the structures are not what they seem to be , when i started to realise that MMs are using the same pattern over and over things changed for me. It is a mind game.
Cable Update (GBPUSD)
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pipfarm replied Jan 26, 2023Close my positions at 2406 and will leave the ones running from entry @ the assumed retest leaves me @+ 20 and my risk reduced with the stop @3220 , so worst case scenario i lose 25 pips best case i make 150
Cable Update (GBPUSD)
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pipfarm replied Jan 26, 2023Will join you and add some longs , last chance saloon
Cable Update (GBPUSD)
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pipfarm replied Jan 26, 2023I am staying with the bulls , looks like the retest is happening after all @2348, below that and i will have to reconsider my position
Cable Update (GBPUSD)
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pipfarm replied Jan 26, 2023nzdusd so far so good currently at 6508 from the entry point which i slightly miscalculated image
Cable Update (GBPUSD)
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pipfarm replied Jan 26, 2023USDCAD is killing it short , price has dropped to 3335 currently from 3427 image
Cable Update (GBPUSD)