New month. New targets. Thank you trump for that awesome rally to my sell target. Monthly mR2 hit. Weakness found on H4 period(why coulndt price break far above h4 R1? Perception of value must be price at lower prices due to monthly mR2). Wait for ...

Cable Update (GBPUSD)

GU still short. More weak moves to the Monthly R2 lol. Waiting patiently for new monthly pivots to plot to project my buy and sell areas. image Scanner told me GBPSGD monthly R3 has been hit but Daily R1 has not been hit. So I checked the chart ...

Cable Update (GBPUSD)

Id say GU is now bearish at least for the remainder of the month. I just dont see the perception of value being above R2 although bulls have been pretty persistent haha so I could be wrong. I just get the feeling bulls are done for the month haha. ...

Cable Update (GBPUSD)

R2 holding so far. I think we can get a nice drop now. Although price did take out one of my short trades in small profit. Hopefully the drop continues as a new low has been made. Know where you are on the chart image image

Cable Update (GBPUSD)

Nice drop on GA image

Cable Update (GBPUSD)

GU still short but dragged stops because extrastrength up trend on the day yesterday although it got dropped down pretty readily given we are at the MR2 but I anticipate some more bullish momentum to the upside so Im guarding my shorts. Short on GA ...

Cable Update (GBPUSD)

Price moved further down. Price hit daily R1 target on march 17th but since then there has been failure to reach daily R1 target while at the Monthly R2 and it happened 3 days in a row. Those are weak bullish moves. Perception of value is bearish. ...

Cable Update (GBPUSD)

More weak moves to the upside 2 days in a row not able to reach daily R1 targets and price drops back below Monthly R2. Shorted 2 extreme hits at those levels for some nice drops. Waiting for a drop further. If price moves up not I will wait until ...

Cable Update (GBPUSD)

Yeh i agree. The move up to the Monthly R2 was weak however although price did drop a fair amount of pips from that level, the drop was rather weak as well as it never really went far past any of the daily S1 levels. So lets see how things develop.

Cable Update (GBPUSD)

Check back in a month

Cable Update (GBPUSD)

makes sense. Yen pairs like to move nicely

Cable Update (GBPUSD)

So quiet in here today. Where is everyone? probably bored with GU limited movement haha. Meanwhile Im celebrating a pip haha

Cable Update (GBPUSD)

Weak PPI getting shut down by the value direction which is bearish. Daily S1 hit. It may provide support so shorts be cautious image US session profile looking like Asian with more time finding value at the bottom

Cable Update (GBPUSD)

Market profile is very useful if it comports with the perception of value formed by the interpretations of market structure(pivots of multiple timeframes). Otherwise the profile is meaningless if you do not know the shared perception for value. ...

Cable Update (GBPUSD)

Moty....we dropped to H4 S1. There may be some support here so we need that bearish Thor hammer of yours other wise GU is going back up. Moty now!!! Swing the hammer and swing true!

Cable Update (GBPUSD)

Yeh I've just reselling areas where less value time is found. More scalps than anything major right now

Cable Update (GBPUSD)

Know where you are on the chart. Monthly R2 is reached. Buyers buying up CPI news data thinking price is going to the moon not realizing that the rocket they're on is a SpaceX faulty rocket that has blown up into scattered debris across the calm ...

Cable Update (GBPUSD)

Hahahaha. Trump tariffs on Canada craters the CAD lolol.

Cable Update (GBPUSD)

Closed original short from last week with tiny profit. Price still not pushing through to the Monthly R2 smh. Now this is the 5th or sixth exhaustion move at Monthly mR2. Entered short again from 2939 since price failed to hit previous H4 R target. ...

Cable Update (GBPUSD)

GU update. Looks like Daily R pivots aren't being reached which shows bull weakness. Perception is lower prices for now. Drop may continue further image GBPCAD short: image Same set short up on NZDCAD Monthly mR2 as well: image

Cable Update (GBPUSD)