nice debate btw .... always nice debating with an intellectual mind

Cable Update (GBPUSD)

agreed BUT all the demand yesterday came off the lows of the day ...... its was accumulated for hours between 1,3200 and a,3250 ...for a small move ? no

Cable Update (GBPUSD)

daily vlosed off lows with an INCREASE in volume... mentioned already vwap is 1.3250.... my sells IF if was going to sell today would be 1.3235... but for now its buy dips above 1,3250

Cable Update (GBPUSD)

currently just because of the demand seen yesterday on the daily candle its an 80 percent chance of up day today and 20 % chance of down day ... I will take those odds

Cable Update (GBPUSD)

why are you selling above the value area ? not always price comes back to vwap ...... specially in trend moves . go look at daily gbp and tell me you want to sell against yesterdays demand day. Trading does not have to be so complex .. its really ...

Cable Update (GBPUSD)

i think this post closes the debate ... anyone agree ? Oh and BTW gbpusd is in the right place now to jump the creek .... hope sellers have stops in place

Cable Update (GBPUSD)

We have clear lower volume than prior 4 bars . This is no demand and sign of weakness. No volume is like a plane flying with no fuel moves. Here we see an increase in volume and a CLEAR supply hitting the market . This is when the trader places the ...

Cable Update (GBPUSD)

odd as i use volume on mt4 and 5 every day to make money ...... you make broad sweeping statements that are not correct

Cable Update (GBPUSD)

what is very clear on your chart your posted is that you talk about volume yet on the first arrow marked it was clear demand ........... so why are you selling against that . lest see what London brings . the bottom of those demand bars is 1,3250 . ...

Cable Update (GBPUSD)

100% in agreement with this

Cable Update (GBPUSD)

the 30 and 60 are currently trending up . most likely will jump the creek on London open right through that resistance level ..... place your stop as i do not see one

Cable Update (GBPUSD)

2960 is now key for buys ..... below that its high risk to buy imho

Cable Update (GBPUSD)

move to tax free country ...I left Uk long ago die to taxes . Dubai is sweet

Cable Update (GBPUSD)

now gbp maybe finding support .... prefer to wait till tomorrow to buy ... on the 30 min we had some test 888 area ....

Cable Update (GBPUSD)

also daytrader .. but i trade with intraday trends not against .... its easy to go with the flow of the smartmoney there is a suply line at 940 .. was tested start us .. easy sells for 60 pip

Cable Update (GBPUSD)

doing well ...... just came in to see the fighting lol

Cable Update (GBPUSD)

60 .... look at 60 ... sells today not buys

Cable Update (GBPUSD)

940 is the key level ..... there was heavy supply all the way up on the move yesterday . look at the long wicks on the tops of the 60 min candles .... potential fake move ? might see 880 to 860 by days end today

Cable Update (GBPUSD)

all depends if he is swinger or day trader ... if he / she is day trader he is buying against the trend .. dangerous game . hourly 30 and 15 gbpusd is down trend at moment .... daily is consolidation ....

Cable Update (GBPUSD)

the biggest robbery was the day of election when GBPUSD was manipulated up 400 pip on an exit poll that polls only 39,000 people. Since then gbpusd has dropped and will continue dropping , specially if we get daily close 1.2950

Cable Update (GBPUSD)