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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting DrDave
{quote} It is likely that you already know SMC: {quote} earnforex
My challenge, where Geof is very good, is identifying entry and exit points. Still learning about this!
Stubborn, often slow but still learning!
Quoting DrDave
{quote} 2 x 6 within 12 1+2 =3. Hmmmm . . . 2 x 3 = 6, and 2 x 2 = 4. Ergo, 2 x 6 is 2 x (2 x 3) or (2 x 2) x 3, which is 4 x 3. And 4 x 3 = 12, with 12 -->1+2=3. So because 12-->3, then 4 x 3 --> 12 -->3. And so we find that indeed, a year of 12 months comprises 4 seasons of 3 months each. Perhaps your 2 x 6 would fit better with the demarcations via the summer/winter solitces or of the vernal/autumnal equinoxes. But note that once again, if the 2 soltices and 2 equinoxes are considered togther, it's 4 x 3.
I focus (time) from mathematics. The numbers 6 and 9 represent length and 3 amplitude and this is what Nikola Tesla refers to about the secret code of the universe that amplified on electrical issues. It is my personal interpretation.

360 = 9
PHASE II running 666
Quoting DrDave
{quote} If you are just starting a test run, then why in the world would you not post if there is a fail?? A failure of even the very first month could happen but the 12-month result very positive. So just post whatever the results are and then stop whenever you either get tired of it or you feel that you have collected enough data to end it.
If my account is eventually wiped, no need to show results.
PHASE II running 666
Quoting Jolita
{quote} America is a big coutry, but work life balance is in full colour in EU. We have vibrant cultural life here. I never stepped on US soil, don't know how is life over there. We have many US companies operating in the UK. Some Ieft after Brexit for Frankfurt, but this is due to business permits, running costs, but then others returned. No difference really. Could you pls share article on business leaving EU.
It has been in the news for months. I just quickly grabbed a recent link.
https://www.npr.org/2022/11/25/11385...nts-eu-economy
Stubborn, often slow but still learning!
Quoting Robinhood1
{quote} If my account is eventually wiped, no need to show results.
The markets are speaking to you. Do you know their language? I M T
Quoting Georginson
Hello Guys... Last week finally produced some long awaited Volatility and we are experiencing some bearish pressure but I only see it as correction... I'm taking a swing buy from 1.2075 to possible 1.1990 if it gets there for a target of 1.2600 this February. I believe 1.2600 will happen this February as far as bulls can defend 1.19 territory. As always, no obligation to follow. Cheers, George.
Reversals will occur at 1.2600/1.1760. Whichever comes first. I lean towards 1.1760
PHASE II running 666
Quoting DrDave
{quote} It is likely that you already know SMC: {quote} earnforex
Dave, thank you for the link. It's must read for every serious trader. You are a great contributor to this thread.
Always trade your own plan...I don't provide trading signals.
Quoting Robinhood1
{quote} Reversals will occur at 1.2600/1.1760. Whichever comes first. I lean towards 1.1760
On the other hand, gbpcad should reverse around 1.6000 sending it to the 1.6800 área which correlates with cable's 1.19 territory to around 1.2600
PHASE II running 666
Quoting Georginson
Hello Guys... Last week finally produced some long awaited Volatility and we are experiencing some bearish pressure but I only see it as correction... I'm taking a swing buy from 1.2075 to possible 1.1990 if it gets there for a target of 1.2600 this February. I believe 1.2600 will happen this February as far as bulls can defend 1.19 territory. As always, no obligation to follow. Cheers, George.
Thanks' your important post but in this time we see break 1.2075 and just wait your another support line 1.1985 or plan 1.1900.
If you want answer me just one question to you from me Monday or Wednesday can we see some retest 1.2180 or 1.2200.
Again thank you very much.Have a nice day
Quoting tauhidur
{quote} Thanks' your important post but in this time we see break 1.2075 and just wait your another support line 1.1985 or plan 1.1900. If you want answer me just one question to you from me Monday or Wednesday can we see some retest 1.2180 or 1.2200. Again thank you very much.Have a nice day
Yes 1.2180 - 1.2200 is possible between Monday to Wednesday as far as 1.1900 holds...
Swing and Intraday
Quoting Georginson
{quote} Yes 1.2180 - 1.2200 is possible between Monday to Wednesday as far as 1.1900 holds...

Thank you very much for your answer but i am not clear so again i question you before hit 1.1900 can we see some retest that 1.2180 or 1.2200.please give a answer.
Quoting tauhidur
{quote} Thank you very much for your answer but i am not clear so again i question you before hit 1.1900 can we see some retest that 1.2180 or 1.2200.please give a answer.
I can't say for certain the one that will hit first between 1.1900 and 1.2200.

I do know we will see 1.2200 again next week as far 1.1900 holds.

I hope this is clear enough.
Swing and Intraday
Quoting Georginson
{quote} I can't say for certain the one that will hit first between 1.1900 and 1.2200. I do know we will see 1.2200 again next week as far 1.1900 holds. I hope this is clear enough.
Due to the pressure continuing until market closed I actually expect 1.19 as soon as on Monday. We have many FOMC members talking next week. Will be interesting to hear what they say about NFP.
Quoting SnailFX
{quote} Due to the pressure continuing until market closed I actually expect 1.19 as soon as on Monday. We have many FOMC members talking next week. Will be interesting to hear what they say about NFP.
This is exactly what market makers want traders to think, which will prompt them to add to their selling positions then an explosion to the upside will happen to the shock Many... I see 1.26 this February...
Swing and Intraday
Quoting Georginson
{quote} This is exactly what market makers want traders to think, which will prompt them to add to their selling positions then an explosion to the upside will happen to the shock Many... I see 1.26 this February...
Majority adding buys, not sells.
Asia session will sell GU to 11940 on Sunday.
One way traffic is my view.
Quoting Fardeen1209
Can someone who really understood and put into practice, please explain what Mark Douglass (from Trading in the zone) try to say about this statement "What separate the best trader from everyone else is not about what they do or when they do it but rather how they think about what they do and how they are thinking about when they do it" Would really appreciate your help to decode what he is trying to say. Regards
its double speach means nothing, rather be a doer , most thinkers miss out on the trade because they think to long and moment is gone , you can see it all over forex factory in posts , remember these blokes worked or work for a broker and give brokers advice which is scary and biased my two cents worth
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
Quoting dantpm
{quote} It has been in the news for months. I just quickly grabbed a recent link. https://www.npr.org/2022/11/25/11385...nts-eu-economy
Thanls for sharing.
Gas and energy is a big issue everywhere, no doubt about it.

Large companies moving to US it is a good impact on dollar strenght.
Quoting Jolita
{quote} Thanls for sharing. Gas and energy is a big issue everywhere, no doubt about it. Large companies moving to US it is a good impact on dollar strenght.
dollar has been very very weak and still is!!!
Quoting Jolita
{quote} Majority adding buys, not sells. Asia session will sell GU to 11940 on Sunday. One way traffic is my view.
Isn't that a great sign that the price will drop? MMs grab liquidity to push the market to where more liquidity will be found.
Stubborn, often slow but still learning!
Quoting Jolita
{quote} Majority adding buys, not sells. Asia session will sell GU to 11940 on Sunday. One way traffic is my view.
Hello Jolita, let me give you a quick stat to give you some clues as regards why I'm saying upwards looks much more likely without necessarily overuling 1.1940 before 1.2200 then 1.2600

Quick Stat
✓The Highest first 4 trade days range of the month since February 2018 is 442 pips... Which happened in February 2018, while the second highest happened in October 2022 being 414 pips, third highest happened in November 2022 being 409 pips...

✓In the first 3 trade days of February so far, we already have 353 pips which is 90 pips shy of equalling the highest being 442 pips range of the first 4 trade days of February 2018.

✓The first 4 trade days of this February 2023 will be Monday (6th February) being the 4th trade day of the month can be simulated in the format below...

1.2400 minus 442 pips = 1.1958... this means the possible lowest price can drop to on Monday is 1.1958...

80% of the previous months where price have dropped by 400 pips or more in the first 4 trade days of the month have ended up being bullish till month end (see October and November year 2022) ...

This is a research excerpt with no obligation to follow.

Cheers,
George.
Swing and Intraday
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