Cable Update (GBPUSD)

hahaha, you don't know how much i make in a day but i do know how much you loss in a day

I think you are right Georginson , I am watching those levels also

Today's the most funny posts, for me, were those two:

1. Moty's brilliant short story:

Attached Image (click to enlarge)

and...

2. That... chart!

Attached Image (click to enlarge)

Please, no one should not get offended. It is just my twisted sense of humour...

Even when you give a call and it goes against their call, they start to hate on you, so it can never be balance here on this forum, make your trading plan and read comments to see if anyone's post is in line with yours and go with it. I don't think anyone is a better trader than others, they are only sad that they bought and the market is selling back down, hence they will say anything to support their trade view even if it means using harsh words on others that are selling. Market is about 160pips from last week low and i already made 480pips this week, so i don't think Akim will win me in a forex contest of any competition at that.

The second image is funny as fuck, because i'm surprised how he is able to see his price with all that indicators covering the candle lol, what is more interesting is that market is below the buy price even with the complex chart he still got the trade wrong

Are you retarded? Do you have some sort of a personality complex?

This dropped faster than gravity (9.8 meters per second / per second) over 500 PIPS

Between this prediction

https://www.forexfactory.com/thread/...9#post13146419

And this one

https://www.forexfactory.com/thread/...1#post13146441

you are 3 for 3, blow your account?

Not seen since September 3, don't leave that fish is the best anti-signal giver ever

#1 - That's funny right there, and reading his signature pure gold

thanks for sharing

as per your signature, what is the market telling you?

I see one last time drop to 1.28x happening next week then a very big attack starting over 1.31, a very sharp one...

the ultimate proof that there is crooks in the market .
they use the interest announcement to drop price over 100 pips ,
and then release a news in favor of the Brexit to spike it over 100 pips.
in the end , price came back to square 1.
not only that , they made a inverted h&s , and then dropped price again
a lot of traders have a 1:100 leverage in their account , and some use their full margin,
and 100 pips move is a blowing account move

This concluded week 1.2773 - 1.3006 almost had 50% correction of last week's move 1.3264 - 1.2761...

The range 233 pips returned to normal again after mammoth 503 pips last week.

It may interest you to know that 2019 and 2018 both had one weekly range of 500+ pips in week 36 and week 40 (Apart from Pandemic weeks 12 & 13 of 2020)

See below.
2019 WEEKLY RANGES

52nd week 1.3284 - 1.3053 = 231
51st week 1.3117 - 1.2904 = 213
50th week 1.3422 - 1.2989 = 433
49th week 1.3514 - 1.3050 = 465
48th week 1.3166 - 1.2896 = 270
47th week 1.2951 - 1.2827 = 124
46th week 1.2985 - 1.2823 = 462
45th week 1.2918 - 1.2785 = 133
44th week 1.2942 - 1.2768 = 174
43rd week 1.2975 - 1.2806 = 169
42nd week 1.3012 - 1.2788 = 224
41st week 1.2989 - 1.2515 = 474
40th week 1.2706 - 1.2195 = 511
39th week 1.2413 - 1.2204 = 209
38th week 1.2503 - 1.2270 = 233
37th week 1.2582 - 1.2392 = 190
36th week 1.2504 - 1.2233 = 271
35th week 1.2353 - 1.1958 = 395
34th week 1.2309 - 1.2139 = 170
33rd week 1.2293 - 1.2064 = 229
32nd week 1.2175 - 1.2014 = 161
31rd week 1.2209 - 1.2022 = 187
30th week 1.2383 - 1.2079 = 304
29th week 1.2522 - 1.2376 = 146
28th week 1.2577 - 1.2382 = 195
27th week 1.2578 - 1.2439 = 139
26th week 1.2705 - 1.2481 = 224
25th week 1.2783 - 1.2661 = 122
24th week 1.2746 - 1.2506 = 240
23rd week 1.2758 - 1.2580 = 178
22nd week 1.2763 - 1.2610 = 153
21st week 1.2747 - 1.2558 = 189
20th week 1.2813 - 1.2605 = 208
19th week 1.3040 - 1.2709 = 331
18th week 1.3170 - 1.2967 = 203
17th week 1.3176 - 1.2904 = 272
16th week 1.3019 - 1.2865 = 154
15th week 1.3119 - 1.2978 = 141
14th week 1.3132 - 1.3022 = 110
13th week 1.3196 - 1.2986 = 210
12th week 1.3269 - 1.2976 = 293
11th week 1.3311 - 1.3003 = 293
10th week 1.3380 - 1.2960 = 430
9th week 1.3254 - 1.2989 = 256
8th week 1.3350 - 1.3050 = 300
7th week 1.3109 - 1.2891 = 210
6th week 1.2958 - 1.2772 = 186
5th week 1.3103 - 1.2854 = 249
4th week 1.3211 - 1.3043 = 166
3rd week 1.3217 - 1.2830 = 387
2nd week 1.3001 - 1.2668 = 333
1st week 1.2865 - 1.2706 = 159

ALL 2020 WEEKLY RANGES

37th week 1.3006 - 1.2771 = 235
36th week 1.3264 - 1.2761 = 503
35th week 1.3481 - 1.3175 = 306
34th week 1.3355 - 1.3052 = 303
33rd week 1.3266 - 1.3058 = 208
32nd week 1.3141 - 1.3004 = 137
31nd week 1.3184 - 1.2980 = 204
30th week. 1.3169 - 1.2774 = 395
29th week 1.2802 - 1.2517 = 285
28th week 1.2665 - 1.2479 = 186
27th week 1.2668 - 1.2456 = 212
26th week 1.2529 - 1.2250 = 279
25th week 1.2541 - 1.2313 = 228
24th week 1.2686 - 1.2338 = 348
23rd week 1.2812 - 1.2473 = 339
22nd week 1.2730 - 1.2322 = 408
21st week 1. 2393 - 1.2163 = 230
20th week 1.2295 - 1.2072 = 223
19th week 1.2436 - 1.2097 = 339
18th week 1.2484 - 1.2265 = 219
17th week 1.2641 - 1.2358 = 283
16th week 1.2498 - 1.2246 = 252
15th week 1.2646 - 1.2406 = 240
14th week 1.2485 - 1.2162 = 323
13th week 1.2474 - 1.2203 = 271
12th week 1.2484 - 1.1445 = 1039
11th week 1.2419 - 1.1409 = 1010
10th week 1.3199 - 1.2259 = 940
9th week 1.3051 - 1.2739 = 312
8th week 1.3017 - 1.2725 = 292
7th week 1.3053 - 1.2848 = 205
6th week 1.3068 - 1.2871 = 197
5th week 1.3183 - 1.2875 = 308
4th week 1.3208 - 1.2974 = 234
3rd week 1.3172 - 1.2961 = 211
2nd week 1.3117 - 1.2953 = 164
1st week 1.3211 - 1.3012 = 199

More on this later.

Good day people, yesterday some traders on ff said EPZERO never posted a chart. After that I went into ff archives to dig these out. Some also said he is not a trader at all. As for me Am a neutral person but I LOVE TRUTH. AS I SAID EARLIER HERE SOME OF THE INFOS I FILTER OUT. THERE ARE MORE TO COME...... I AS WELL SAW WHERE I MADE AN ACCURATE CALL BUT PEOPLE NEVER BELIEVE HIM BASE ON THEIR OWN STRATEGY AND SYSTEMS THEY ARE USE TO. What I realized is that most of us don't always agree when we are not on the same page of daily endeavors. Base on my experiences in life I think this should be pertinent to women not men........ If some one is trying is utmost best the best we can do is to try to learn from it. Once the results are plain to see.......

If anybody wants to prove profitability share at least a 5 month profitable "myfxbooks".
No long talks.
Keep life simple ✌

wow, what other evidence did all of us want to see, rather than. If any body wishes to share him or her 5 months trading history it is the persons decision. As for me i will forward mine in months to come by god almighty's grace and power. Please i want you and others to quote me. Thank you so much

A quick question.. Who do we want to impress? God?
The forum has become a battle of supremacy. Who is right or wrong, Who has the red tag or not. lol.

It's your money its your business. Who cares?
We are supposed to learn not to fight.

Who gets paid posting here...
Pathetic.
GFYS

gfys please did you know the meaning

Trust me you don’t wanna know

W/e analysis

* Overall a bullish week.

* Friday's pip range was a subdued 85pips - only 66% of the 30 day adr. The week just closed saw a range of 241 which is 87% of the 13 week awr and the month of September so far price has travelled 719pips which is 120% of the 3mth amr.

* Re 20/50/100 ema's - they are crossed down on 5,10,15 and 4hr, 30min is neutral and they remain crossed up on 1hr and dly. Wkly is neutral and they remain crossed down on mthly.

* 4hr, and dly candles closed near to their lo's.

Wkly
The wkly candle was bullish after the move up from last week's 2762 lo. It reached a hi of 3007 on Wednesday and as there was an undeterminable gap down at the weekly open (was it a 'real' gap or broker spread widening or both?) I will treat that 2762 lo now as a fractal swing so that makes a HL (after the 3482 HH) now on the weekly in it's still intact general PA uptrend. A new ascending trend line can be drawn from 1411 to this 2762 lo.

Initial resistance on the weekly remains the prev sw hi zone up to 3482.

Initial support is the prev sw lo zone to 2762 lo which sits in that prev sw hi = prev res = pot rbs zone that likely extends down to 2669 on this wkly t/f.

Dly
Friday's bearish candle makes an imperfect fractal swing now at Wednesday's 3007 hi (it should really be Thursday's - the middle candle as the hi of the fractal swing.) I will treat this as the 2nd LH on this t/f....so it is looking weaker than last week now despite the pullback from 2762's L on that t/f. We essentially have a LH then a L below the last 3 x HL's and now a 2nd LH on this t/f.

The near-term potential supp/rbs on this t/f is essentially the same as the weekly, ie the prev sw lo zone to 2762 which is co-existant with the pot rbs zone referred to in wkly analysis above, although on this dly t/f it extends only to 2746. That asc t/line joining 1411 with 2862 likely comes through circa 2810-15 on Monday's candle.

To the upside there is a prev sw hi zone (the 2nd LH) to 3007 first, then 3034 which is co-existant with that prev sw lo zone = pot sbr which likely extends to circa 3054.

4Hr
The last candle close on this t/f was a bearish thrust candle but creates no fractal swing. This t/f can be said to be ranging now and the last few fractal prints starting with weds's 3007 hi are HH, HL, LH, L, H, HL, LH The ascending channel is still intact so long as the asc t/line is not breeched to the downside.

The near-term pot res on this t/f are the prev sw hi zones to 2999, then 3007, and then 3034.

Near-term pot supp is the prev sw lo zone to 2863 lo but above that the desc t/line comes thru. Price closed at/around the 61.8% of the 2863-2999 move up with only the 76.4% of this move up and the 4hr asc t/line (rising channel bottom) on this t/f, before that lo, (calculated pivots excepted.)

Conclusion/Likely near-term direction.
It's all a bit messy and possibly contradictory across the t/f's but looks more bearish than bullish at the moment - all told. There remains the ' spectre at the feast' of the previous week's big bearish thrust candle and as I said in last week's w/e analysis it suggests a follow thru to the downside [perhaps after this pullback to 3007 ?] is probable at some point but if say 50% of it gives then you have to start questioning that. The multiple rejection of the prev sw hi zone to 3007 hi, and the 4hr and daily closes close to their lo's also suggests more downside is probable in the first instance. As a caveat to this - This weekly candle being a bullish inverted hammer type candle, and the HL close suggests more upside is probable at some point..... but near-term at least it looks like the downside is, on balance, more likely.

Disclaimer: Remember - just because something looks more probable doesn't mean it will happen on that particular occasion, but over a large sample of times - it will/should.

Wkly, Dly and 4Hr below, (in that descending order.)