exactly ... well said .. my comment was a joke and no one seemed to have got it ....

Cable Update (GBPUSD)

good to see gambling is still alive and kicking lol

Cable Update (GBPUSD)

go look at the last weekly gbpusd weekly chart arrows left to right 1 no demand ... low volume up 2 . upthrust on increasing volume confirming the no demand 3/. smart money love to screw people .. so they did up move but note volume is normal trues ...

Cable Update (GBPUSD)

ignore this statement the charts will show you 1000 pip drops do not just happens .... smart money makes up the news .....if you do not believe me look at indexes pre election .. covid oh no numbers rising ... indexes drop 10% .. elections Biden ...

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happens all the time ... rejection of support or resistance and on fake breakouts (called hidden test in vsa) . its so easy for inexperienced traders to get screwed over all the time when all they need to do is wait for the test

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i can be wrong ..... its rare lol trading is a patience game

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noobs love to just sell off resistance ... its the easiest game for smart money to trap them ... ALWAY wait for restest after a failure of resistance thats excactly what they did this morning .. how many here were here we go ... gu 1.3150 1.... down ...

Cable Update (GBPUSD)

move stops break even now .. good trade

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i will explain the game the smart money did later ...... now all sellers are wtf just happened ...its a trap down move off a resistance to lure in seller as i said earlier no selling till close under 1.3250 ... now we see 1.3320

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mmm .. or not

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sellers are about to get stops taken

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there are all kinds of games played . news is just used to move the markets as they please .

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much harder on 4 hour .... daily it can work specially on a futures feed

Cable Update (GBPUSD)

nothing makes sense any more ....we might see some spike on daily above prior highs and then they tank it . issue is with stimulus talks is usd gets crushed ....... I am a trend trader ... right now daily 4,2,1 and 30 are tredning up I buy dips ...

Cable Update (GBPUSD)

its called mark up .... smart money never sleeps ... never jump on the break out ..... wait for the first low volume DOWN bar to enter . place a BUY stop above the low volume down bar .. the low volume down bar is the smart money testing for sellers ...

Cable Update (GBPUSD)

look up vsa and wyckoff .... it will answer all your questions on volume ....... and will give you a much better understanding on market dynamics

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this is daily gbpusd ... the arrow marks a low voume UP bar and yesterday we have a sign of strength its dangerous trading grounds between 1.3200 and 1.3300 now..... IF buyers want to take this up they have to MARK up price through the sellers seens ...

Cable Update (GBPUSD)

your argument while valid is not how simple laws of supply and demand work

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you have 1000 sellers and 600 buyers ..... sellers out number buyers and seller will have to drop prices to entice new buyers ,... hence the price of selling will go down thats market dynamics and how vsa works

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how is yesterdays bar a bearish body ? price tried to push lower and was BOUGHT ... this in vsa is called testing. Smart money do this all the time in trends . They want to take price higher or want to accumulate at a certain level they will take ...

Cable Update (GBPUSD)