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knkie replied Dec 1, 2023i need H4 to break and close above 2663 then its full on bullish again
Cable Update (GBPUSD)
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knkie replied Nov 29, 2023I may not have fancy indicators or colorful charts but i do know my levels I said H1 would break 2714 and return to H4 trend It is happening now, as we speak.
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knkie replied Nov 29, 2023Hey grouchy You were trolling everyone for being bullish this week and you suckered yourself into going short on cable and gold.
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knkie replied Nov 29, 2023very possible Navk. its the H1 level i am keeping an eye on. Im not in any trades right now, as H4 and H1 are in conflict. If as you say H1 does not break that upper resistance, then i need H4 to break below 2670, and then i will be scalping shorts. ...
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knkie replied Nov 29, 2023I always have a SL, but it never gets there. I can tell when i have made a bad trade decision and then i just dump it. I have often said that i would rather take a few 5 pip losses then hold on to a large drawdown hoping for things to turn around. ...
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knkie replied Nov 29, 2023im one of those traders who thinks all the news is already priced in, so i dont care what he says. Just need to avoid initial spikes up and down so imo cable will be bullish once 2717 is broken
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knkie replied Nov 29, 2023there is a 10 pip Resistance zone on H1: 2707-2717 If H1 closes above that we are back to Bull mode
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knkie replied Nov 29, 2023H4 still bullish, but H1 is retracing the large move yesterday. I'm scalping some m5 shorts
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knkie replied Nov 28, 2023i will let m5 break 2688-ish then enter long again on a pullback bar
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knkie replied Nov 28, 2023you know who? Grouchy Zebi who was making fun of the room for becoming bullish. So he switched to shorts just to counter the sentiment. He shorted gold yesterday too. he got suckered into counter trades.
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knkie replied Nov 28, 2023only buys momentum is still strong upward all the way from H4 to M15 M5 is in retracement, perfect for a long setup
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knkie replied Nov 28, 2023i caught it !
i only had one trade today on cable, waiting for that H1 break to create momentum. took profit at 17 pipsCable Update (GBPUSD)
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knkie replied Nov 28, 2023well the break is there now. momentum will pick up entry on breaks of H on m5
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knkie replied Nov 28, 2023if thats happening: - you are not using a SL - you will never be profitable because this will keep occurring
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knkie replied Nov 28, 2023i looked back at the financial news n that week, and nothing really significant was going on. Cant find out why price went down so much back then..... As im writing this H1 price is again trying to push upward. 1.26466 is the new R that has to be ...
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knkie replied Nov 28, 2023im bullish as well, but i think the bearishness comes from the day chart, back in september (5th?) price fell quite rapidly from these levels. If supply is your thing then its logical to want to go short, but there should be some confirmation on LFs ...
Cable Update (GBPUSD)