Shorted again. Same setup as the last 2 setups. Every setup is the same rinse and repeat. Little analysis. Just pure auction theory using pivots. Shared perception of value is tough to beat. You're essentially going against buyers and sellers(the ...

Cable Update (GBPUSD)

Good analysis. I trade countertrend and mainly focus on exhaustion at a confluence of targets being met and then trading turning points when value is being found at below average prices in that hour candle. I'm short now since 266558 to 26663. I ...

Cable Update (GBPUSD)

Nice job buddy. I love those ranges you talk about. I look for them in the 1H period candle but on the 5 minute chart. After an exhaustive move I wait for the hour candle to show a bit of range which then makes the pivots of the next period smaller ...

Cable Update (GBPUSD)

Haha. Im sure he mentioned this as well

Cable Update (GBPUSD)

Alot of talk about a weakness in the dollar. Ever consider the simultaneous and inconceivable oneness and duality? Two opposites being one? Weakness is the seed to strength. Strength is the fruit of weakness. When I see weakness in the dollar, I ...

Cable Update (GBPUSD)

Stops dragged and entries protected with good profit. If GU decides to go down then more profits. If it goes up then thats good too because I want EURGBP to drop to monthly S targets for potential long entries and my profits on GU are secured

Cable Update (GBPUSD)

GU relief rally bounce from daily S2 could be bullish interpretation but it is now facing 2588(daily S1) and 25900(fair price in london session which is at lower prices in the session). Too many bearish interpretations. Bulls will need more reason ...

Cable Update (GBPUSD)

Down we go to break lows. At these bearish pivot targets the shared perception of value between buyers and sellers is a price at lower prices so the market will seek to facilitate trade at lower prices. Thanks Robert Willson. image image image

Cable Update (GBPUSD)

Despite green inflation numbers GU still being rejected at these bearish pivot targets. I think price may drop some more. added another short. Unless London session has other plans lol image

Cable Update (GBPUSD)

what methodology were you trading?

Cable Update (GBPUSD)

Update: Price hit Daily S1 as expected. Still bearish but lets see... Thank you William Vickrey image image image image

Cable Update (GBPUSD)

Update: Price continues in the value direction which is down. Now approaching daily S1. If break deep below that we can see a nice drop from there. Auction theory is Nobel Prize Winning work.... image image image image

Cable Update (GBPUSD)

There are many ways to find agreement. Price action, wave trading etc. But for me I use pure auction theory as described in the nobel prize award webpages where they mention a particular progression: Interpretations form market sentiment which forms ...

Cable Update (GBPUSD)

Yes I agree that the market doesn't move in a straight line. Control is also very subjective based on the fact that buyers can be in control on one timeframe at a particular target while sellers are in control on a larger or smaller timeframe at a ...

Cable Update (GBPUSD)

Price moved up from that level to the Daily R1 target. Still in the trade but I new I shoulda waited. Will make another short entry in the next hour around 2631 Edit*: If it goes tod far above 2637 then it may continue to go up. lets hope it stays ...

Cable Update (GBPUSD)

Boring day today. No real moves. Gunna try a scalp short below 1.2619(break below H1 middle pivot and see if value is found. Didnt quite hit the daily R1 so this is a bit risky but lets see

Cable Update (GBPUSD)

When is trump speaking??? Taking forever..........Zzz

Cable Update (GBPUSD)

Price breaking above H4 R1 indicates an extrastrength trend. We may see a rise further with this momentum. I will look in the next 4 hour candle to see if price has moved to the monthly mid-R2 level for a possible short. image

Cable Update (GBPUSD)

ah I see haha ok thanks buddy

Cable Update (GBPUSD)

That is a clean sexy chart brother. Do you mind sharing the template?

Cable Update (GBPUSD)