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Cable Update (GBPUSD)

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  • Post #724,961
  • Quote
  • Jan 31, 2023 3:04pm Jan 31, 2023 3:04pm
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 4.0 | 5,399 Posts | Online Now
Quoting Erto
Disliked
{quote}True, recession is hitting them so hard they are likely to hike
Ignored
Recession, personally I've not seen any signs of it myself, not to say that a lot of folks aren't suffering, media blow things way out of proportion, ftse doing very well which is a fact , I don't trust the media any more but as always we'll see....
Soon To Be Temporarily Suspended Again
 
6
  • Post #724,962
  • Quote
  • Jan 31, 2023 3:07pm Jan 31, 2023 3:07pm
  •  palpite
  • Joined Sep 2015 | Status: Under Pressure | 3,790 Posts
Next pivot daily - 1.2328
Together we can be strongest
 
 
  • Post #724,963
  • Quote
  • Jan 31, 2023 3:15pm Jan 31, 2023 3:15pm
  •  palpite
  • Joined Sep 2015 | Status: Under Pressure | 3,790 Posts
While the price stay above 1.2260, the market still is bullish.

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Together we can be strongest
 
 
  • Post #724,964
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  • Jan 31, 2023 3:22pm Jan 31, 2023 3:22pm
  •  Kwt4x
  • Joined Apr 2015 | Status: Member | 485 Posts | Online Now
Quoting Jolita
Disliked
{quote} According to measure tool should take approx 28 days pattern to complete its destination. {image}
Ignored
I really can't see it happening soon Jolita,

this is 3 months direction and range, if it will go to 1.13 we should see first a low range and sideway just like the previous sideway at the top around 1.40
but the direction so far is still strong to the upside, to have that sideway it needs few months

Attached Image (click to enlarge)
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another look using 2022 measurements, too many strong supports in the way

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cheers
"the public is not yet ready for it" W.D. GANN
 
2
  • Post #724,965
  • Quote
  • Jan 31, 2023 3:40pm Jan 31, 2023 3:40pm
  •  Jolita
  • Joined Jan 2012 | Status: Opalescent | 3,315 Posts
Quoting KareemAliFx
Disliked
{quote} Oh my goodness thank you! That explains a lot, but this is rather ridiculous no? Haha
Ignored
We have a few Gann masters in here @Kwt4x and @Robinhood1, I am sure they would understand this chart from a glimpse.

I've watched few videos, good stuff.
Best to manually draw the lines, they keep in tact.
 
 
  • Post #724,966
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  • Jan 31, 2023 3:45pm Jan 31, 2023 3:45pm
  •  kk300
  • Joined Jan 2015 | Status: Member | 1,148 Posts
So month is about to close inside previous monthly pinbar. I was hoping a sharp drop in price today but it delayed for one more day I think.
 
1
  • Post #724,967
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  • Jan 31, 2023 3:45pm Jan 31, 2023 3:45pm
  •  W0lfram
  • Joined Dec 2020 | Status: Crossed over into the Twilight Zone | 1,329 Posts
Quoting KareemAliFx
Disliked
I remember this fellow traders chart post for the pair EUR/USD, almost 3 years ago. Can someone tell me wtf is he trying to achieve ? {image}
Ignored
¯\_(ツ)_/¯
Attached Image
 
8
  • Post #724,968
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  • Jan 31, 2023 3:48pm Jan 31, 2023 3:48pm
  •  Jolita
  • Joined Jan 2012 | Status: Opalescent | 3,315 Posts
Quoting Kwt4x
Disliked
{quote} I really can't see it happening soon Jolita, this is 3 months direction and range, if it will go to 1.13 we should see first a low range and sideway just like the previous sideway at the top around 1.40 but the direction so far is still strong to the upside, to have that sideway it needs few months {image} another look using 2022 measurements, too many strong supports in the way {image} cheers
Ignored
How strange, I was looking for your name to recommend to Kareem, when I saw your reply.
Subscribed to your posts : )

You could be right.
Might never return, at the moment I can see it clear, only charts tend to change directions.

Nice charts.
Your indicators on the second attachment are crossing bearish.

Thank you.
 
1
  • Post #724,969
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  • Jan 31, 2023 4:00pm Jan 31, 2023 4:00pm
  •  kk300
  • Joined Jan 2015 | Status: Member | 1,148 Posts
Quoting KareemAliFx
Disliked
{quote} thank you gann lines is something I never used and nor I am familiar with. This just made me laugh and remembered this post a while back during the pandemic
Ignored
These grids are same as MT4 s background grid but slightly tilted to give an impression like trendlines.
Kidding
WD Gann's work was out of world. I learned how to make a chart using swing highs and lows.. but too lengthy of a work for me to do but still I think proper understanding of it would give you an edge.
 
3
  • Post #724,970
  • Quote
  • Jan 31, 2023 4:03pm Jan 31, 2023 4:03pm
  •  BigNumbers
  • Joined Jul 2021 | Status: AGAINST ALL ODDS | 2,025 Posts
After drawing my levels... I usually take entry in this form but i always watch my levels closely..

My levels tell me where I am at the moment..
the extent of retracement... and my levels are only from the monthly time frame
Attached Image (click to enlarge)
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Size: 25 KB
If it was easy... Everyone would do it!
 
3
  • Post #724,971
  • Quote
  • Jan 31, 2023 4:07pm Jan 31, 2023 4:07pm
  •  Kwt4x
  • Joined Apr 2015 | Status: Member | 485 Posts | Online Now
Quoting Jolita
Disliked
{quote} How strange, I was looking for your name to recommend to Kareem, when I saw your reply. Subscribed to your posts : ) You could be right. Might never return, at the moment I can see it clear, only charts tend to change directions. Nice charts. Your indicators on the second attachment are crossing bearish. Thank you.
Ignored
of course you should trust what you see and tweak it when needed, but I do trust TIME it never failed me.

a bearish crossing in a High price means a pullback and should have a HL(Higher Low) wave
a bearish crossing after a LH price(Lower High) means direction and should have a LL(Lower Low) wave

cheers,
"the public is not yet ready for it" W.D. GANN
1
1
  • Post #724,972
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  • Jan 31, 2023 4:48pm Jan 31, 2023 4:48pm
  •  Whale
  • Joined Jun 2013 | Status: Underwater | 9,010 Posts
Quoting BeeTogether
Disliked
{quote} which app?
Ignored
Trading view, mobile and desktop.
the desktop really surprised me
 
1
  • Post #724,973
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  • Jan 31, 2023 4:50pm Jan 31, 2023 4:50pm
  •  kk300
  • Joined Jan 2015 | Status: Member | 1,148 Posts
I need Asian session to quickly pass 2303 for sell continuation... NY close below would be extremely welcomed.
 
2
  • Post #724,974
  • Quote
  • Jan 31, 2023 5:47pm Jan 31, 2023 5:47pm
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 6,610 Posts
Quoting Whale
Disliked
{quote} Trading view, mobile and desktop. the desktop really surprised me
Ignored
ah ok will check out the desktop app
 
 
  • Post #724,975
  • Quote
  • Jan 31, 2023 5:53pm Jan 31, 2023 5:53pm
  •  dantpm
  • Joined Aug 2022 | Status: Stubborn, slow but still learning! | 2,080 Posts
Quoting BeeTogether
Disliked
{quote} ah ok will check out the desktop app
Ignored
Tradingview's desktop app is pretty cool, It allows you to have multiple screens and doesn't waste space for the browser stuff. Does everything the browser version does.
Stubborn, often slow but still learning!
 
2
  • Post #724,976
  • Quote
  • Jan 31, 2023 6:05pm Jan 31, 2023 6:05pm
  •  BigNumbers
  • Joined Jul 2021 | Status: AGAINST ALL ODDS | 2,025 Posts
SHORT NOW it is very clear H4 LQ taken....price will run
If it was easy... Everyone would do it!
 
 
  • Post #724,977
  • Quote
  • Jan 31, 2023 7:17pm Jan 31, 2023 7:17pm
  •  BigNumbers
  • Joined Jul 2021 | Status: AGAINST ALL ODDS | 2,025 Posts
EURUSD SHORT

You stop above the FVG but note that the most important thing on that chart... The tiny dotted lines
Attached Image (click to enlarge)
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Name: EURUSD_2023-01-31_16-19-38.png
Size: 25 KB
If it was easy... Everyone would do it!
 
1
  • Post #724,978
  • Quote
  • Jan 31, 2023 7:28pm Jan 31, 2023 7:28pm
  •  mtako
  • Joined Sep 2020 | Status: Member | 5,005 Posts
Quoting W0lfram
Disliked
{quote} ¯\_(ツ)_/¯{image}
Ignored
If I don't mention SL and TP = longer-term setup possibly in the works!
 
 
  • Post #724,979
  • Quote
  • Jan 31, 2023 7:56pm Jan 31, 2023 7:56pm
  •  Coffeebuff
  • | Joined Jul 2008 | Status: Member | 280 Posts
Quoting Kwt4x
Disliked
{quote} I really can't see it happening soon Jolita, this is 3 months direction and range, if it will go to 1.13 we should see first a low range and sideway just like the previous sideway at the top around 1.40 but the direction so far is still strong to the upside, to have that sideway it needs few months {image} another look using 2022 measurements, too many strong supports in the way {image} cheers
Ignored
All good analysis comment guys, really impressed, any suggestion where I find a measure tool to suit MT4 ?????

Donald
 
 
  • Post #724,980
  • Quote
  • Jan 31, 2023 8:02pm Jan 31, 2023 8:02pm
  •  Pat Chiko
  • Joined Dec 2008 | Status: Newbie | 12,116 Posts
Quoting Pat Chiko
Disliked
{quote} UJ Scalp SHORT N3{image}
Ignored
UJ

setting up target 1 & 2.
GTG
Attached Image (click to enlarge)
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Size: 250 KB
I come from the future.
 
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