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Cable Update (GBPUSD)

  • #572,061
  • Jan 14, 2021 12:02pm Jan 14, 2021 12:02pm
Quoting Kaysole
{quote} Jay, it's time for price to go down now. You've had your fun.
But I am still having fun..
I just pushed the button again..

It feels good pressing the UP button
  • #572,062
  • Jan 14, 2021 12:05pm Jan 14, 2021 12:05pm
Quoting cmk
{quote} Wow!! How did u do that??
Jay Magic, he still has few more tricks left, stay tuned
  • #572,063
  • Jan 14, 2021 12:08pm Jan 14, 2021 12:08pm
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Quoting JayBag
{quote} But I am still having fun.. I just pushed the button again.. It feels good pressing the UP button
3712 in my way..
Studing..............
  • #572,064
  • Jan 14, 2021 12:09pm Jan 14, 2021 12:09pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 44 KB
yes yes yes
  • #572,065
  • Jan 14, 2021 12:09pm Jan 14, 2021 12:09pm
Ok so i think this m15 will rock up to the moon not drop like stone.
  • #572,066
  • Jan 14, 2021 12:22pm Jan 14, 2021 12:22pm
I pay great attention to diversion patterns, on any time frame, as they are often the first indication of a potential change of direction or correction.

The 2 day is showing this one clearly. It hasn't got anywhere near completing yet, but worth paying attention to nevertheless.
Attached Image (click to enlarge)
Click to Enlarge Name: cable 2 day diversion.png Size: 76 KB
  • #572,067
  • Jan 14, 2021 12:23pm Jan 14, 2021 12:23pm
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
???
Studing..............
  • #572,068
  • Jan 14, 2021 12:25pm Jan 14, 2021 12:25pm
This baby needs to bust through 137 and stay there
Insane in the Brain..
  • #572,069
  • Jan 14, 2021 12:25pm Jan 14, 2021 12:25pm
Quoting detector
{quote} Don't quite understand what you mean, can you elaborate please, D
I mean Gbpsgd should reach TP 1.82579 with Gbp contantly rising with little or no pullback. I have more Buys for Gbpusd from 1.37057 to TP 1.37773

Alright See You
  • #572,070
  • Jan 14, 2021 12:28pm Jan 14, 2021 12:28pm
Out of longs too, made good 50 pips on multilple entries, now time to wait and observe
EDIT: i see bearish signs, not taking anything now
  • #572,071
  • Jan 14, 2021 12:40pm Jan 14, 2021 12:40pm
After fake breakout, imo we should see leg down with imbalance
  • #572,072
  • Jan 14, 2021 12:43pm Jan 14, 2021 12:43pm
Can someone explain to me the correlation between EUY/USD GBP/USD and EUR/GBP? I am short in GBP/USD but i can not understand if i need to watch the EUR/GBP pair. thank you.
  • #572,073
  • Jan 14, 2021 12:43pm Jan 14, 2021 12:43pm
Spike Lee is gone for a break so i will take advantage of his absence.. lol
Attached Image (click to enlarge)
Click to Enlarge Name: 55d7528d80d8f7c543a31ce2b7c4acde.png Size: 71 KB
Le$$ I$ More
  • #572,074
  • Jan 14, 2021 12:46pm Jan 14, 2021 12:46pm
Just to add to my last post identifying the 2-day diversion pattern on cable, and for those who overlook diversion in their analysis, here's a monthly chart showing the diversion on the Dow Jones Industrial Average, which I trade, at the end of 2019. I posted it on this forum warning dow traders of a potential correction. Of course, I knew nothing of covid, only what my charts were showing me, and we all know what happened in the early part of last year!

Ignore diversion at your peril!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Wall Street mthly div.png Size: 47 KB
Click to Enlarge Name: dow the drop.png Size: 55 KB
  • #572,075
  • Jan 14, 2021 12:50pm Jan 14, 2021 12:50pm
Quoting Gym4life
After fake breakout, imo we should see leg down with imbalance
Are you still short?
  • #572,076
  • Jan 14, 2021 12:50pm Jan 14, 2021 12:50pm
I would watch 1.3655 for reversal
  • #572,077
  • Jan 14, 2021 12:50pm Jan 14, 2021 12:50pm
Quoting coolmakina
{quote} your choice. the most important is to have it.... LOL
Killed
  • #572,078
  • Jan 14, 2021 12:56pm Jan 14, 2021 12:56pm
bulls got their 1.37 , now it bear's turn to get 1.36
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 31 KB
Click to Enlarge Name: dx.png Size: 27 KB
Click to Enlarge Name: eg.png Size: 38 KB
yes yes yes
  • #572,079
  • Jan 14, 2021 1:02pm Jan 14, 2021 1:02pm
Quoting Moty
bulls got their 1.37 , now it bear's turn to get 1.36 {image} {image} {image}
First, I'm going to have to block Jay's internet access, he seems to enjoy pushing that damn buy button.
  • #572,080
  • Jan 14, 2021 1:11pm Jan 14, 2021 1:11pm
Short in at 1.3674 target 1.3656
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2021-01-14 191406.png Size: 44 KB
Don't trade what you think. Just what you see!!!
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