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    • sharingan9 replied Dec 23, 2022

      Seems like a bear day. I'm long on usdchf and I expect USD to gain strength. If US session brings GBPUSD below 1.2023 and consolidates I will look to go short next week on a retracement. Let's watch what US session does.

      Cable Update (GBPUSD)
    • sharingan9 replied Dec 23, 2022

      I went short on GU last week. This week after price got rejected by weekly pivot, it broke below S1 and found value at S1 but ended in a range so direction seems can go either way but im overall bearish on GU still image

      Cable Update (GBPUSD)
    • sharingan9 commented Dec 21, 2022

      So sensitive my goodness. I know words can hurt but why so hurt from words on a forum made for discussion? No one said you were in need of more knowledge on how to trade. It is just a healthy discussion of ideas for discussion's sake and whoever is ...

      Statement on Monetary Policy
    • sharingan9 commented Dec 21, 2022

      1. I literally said Timeframes DO NOT give signals and you then say you disagree only to agree with me on your first item lol. Do you trade high? If so please point me to your dealer cause you're on some good stuff lol. Please don't be too hung up ...

      Statement on Monetary Policy
    • sharingan9 commented Dec 21, 2022

      The notion that one timeframe give more reliable signals than another is such a fallacy. Why? Timeframes do not give signals....The market does. The market exists in every timeframe so a PA signal given on weekly is no more or less reliable than a ...

      Statement on Monetary Policy
    • sharingan9 commented Dec 20, 2022

      Price action is created by anticipation of news as well though..... Price action is an extension of interpretations of news and speculation of future news releases as well as interpretations of past price action. They are all intertwined. All of you ...

      Statement on Monetary Policy
    • sharingan9 replied Dec 7, 2022

      Value is the market's idea of a fair price. The range consolidations that you see in a session happen because the market has found value(fair price). Value can indicate direction. Where the consolidations happen in a session(top of the session or ...

      Liquidity and Structure
    • sharingan9 replied Dec 2, 2022

      I'm bullish on GU even before NFP. I feel it may climb higher unless ISM news anticipation impacts value on Monday. Here is my take on one of many reasons why the market made a quick rebound to the upside post NFP: image Same behavior happened on ...

      Cable Update (GBPUSD)
    • sharingan9 replied Dec 2, 2022

      Reading the market may be simple for some but difficult for others. So you can't give an otherwise rudimentary disingenuous statement such as "trading is simple" because not everyone finds trading to be simple. In fact as you point out, most traders ...

      Cable Update (GBPUSD)
    • sharingan9 replied Dec 2, 2022

      Yeah, that uptrend was strong and made even stronger when it broke above 1.04867 and found value above the level. NFP news was not going to be much of an impact with a trend that strong especially on the heels of Powell's speech. NFP years ago was ...

      EURUSD only