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Cable Update (GBPUSD)

  • #576,201
  • Feb 4, 2021 4:14am Feb 4, 2021 4:14am
Quoting Ayax.TSS
#GBPUSD / H4{image}
good to learn yourself some wave theory guys, not what i use but good as confirming

wave 5 to begin soon
twitter: @gettoefl
  • #576,202
  • Feb 4, 2021 4:20am Feb 4, 2021 4:20am
Quoting gatenio
{quote} base on? you words are useless with all do respect. 1.32 fine. when? we are day traders.
you can't use the word "we" since you cannot represent all the guys in FF. Many of them are not day traders
Damage
  • #576,203
  • Feb 4, 2021 4:20am Feb 4, 2021 4:20am
Price reached 23.6%:

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 33 KB

Next:

Small movement around 1.35762 until news, spike up to 61.8% (1.36675) or even to 76.4 (1.37) and reversal from either of those points south to aim for 1.35200 (might not reach it tomorrow...).
WT
  • #576,204
  • Feb 4, 2021 4:26am Feb 4, 2021 4:26am
Quoting Moty
never go against fibo s3 or r3 {image} daxi , last time i took long there , i learned my lesson{image}
Hi Moty,

Yesterday's ADR was just about half of the usual daily range for GU.

The Fibonacci levels might not work well today.
  • #576,205
  • Feb 4, 2021 4:26am Feb 4, 2021 4:26am
LONG TIME I AM BEARISH.

Attached Image (click to enlarge)
Click to Enlarge Name: gu12.png Size: 183 KB
  • #576,206
  • Feb 4, 2021 4:26am Feb 4, 2021 4:26am
Quoting Bartosz77
Price reached 23.6%: {image} Next: Small movement around 1.35762 until news, spike up to 61.8% (1.36675) or even to 76.4 (1.37) and reversal from either of those points south to aim for 1.35200 (might not reach it tomorrow...).
Interesting fact:

from today's low to 76.4% is roughly 130 pips.

It's the same distance that GU made on the 26.01.2021 in that one long push up... Will we see a copy of that movement today?
WT
  • #576,207
  • Feb 4, 2021 4:28am Feb 4, 2021 4:28am
Quoting Bartosz77
Price reached 23.6%: {image} Next: Small movement around 1.35762 until news, spike up to 61.8% (1.36675) or even to 76.4 (1.37) and reversal from either of those points south to aim for 1.35200 (might not reach it tomorrow...).
Zoom out your chart and look from 11 jan to top ?
  • #576,208
  • Feb 4, 2021 4:32am Feb 4, 2021 4:32am
Quoting pipcenturion
{quote} I expect sellers at the 1.36663 level because it failed to hold as support. It should become a turn coat resistance. There is an untested VAP level at 1.35666 We might have buyers waiting there (1.35666) Time will tell the whole story.
I am out of my sell trades.

The just concluded H1 candle closed with a bullish body.

I still have pending orders (buy limits) around the 1.356663 level
Attached Image (click to enlarge)
Click to Enlarge Name: georgie_cable.png Size: 23 KB
  • #576,209
  • Feb 4, 2021 4:34am Feb 4, 2021 4:34am
Quoting randu
{quote} Zoom out your chart and look from 11 jan to top ?
Yes, you are right!

But to reach the bottom of 11th, there needs to be more "steps" (swings) done to collect profits. That is why I am waiting for the price to clear off 1.35200 first, then going up and fall to 1.34510.
WT
  • #576,210
  • Feb 4, 2021 4:36am Feb 4, 2021 4:36am
I'm sorry to all for flooding this thread with my comment.

Time to disappear (again) ...... "Kamui"
Attached Image
  • #576,211
  • Feb 4, 2021 4:39am Feb 4, 2021 4:39am
Quoting abconqq7
{quote} you can't use the word "we" since you cannot represent all the guys in FF. Many of them are not day traders
right..

technically you right.

good luck bro
  • #576,212
  • Feb 4, 2021 4:44am Feb 4, 2021 4:44am
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 34 KB
Attached Image (click to enlarge)
Click to Enlarge Name: dx1.png Size: 33 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 38 KB
yes yes yes
  • #576,213
  • Feb 4, 2021 4:47am Feb 4, 2021 4:47am
Quoting viktoriaxz
for big short on daily no possibility now.it should go up for big short.h4 become red yes,but after it will be rocket up.
Very dangerous way to think...
A fool and his money are easily parted
  • #576,214
  • Feb 4, 2021 4:47am Feb 4, 2021 4:47am
Quoting Yngwie
buy 3579 SL 3540
closed
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #576,215
  • Feb 4, 2021 4:48am Feb 4, 2021 4:48am
It has to hit 1.3516 before retracing back efficiently
My observation may be wrong but intent correct. Stay calm!
  • #576,216
  • Feb 4, 2021 4:53am Feb 4, 2021 4:53am
Anyone interested in pivot stats, over the last 4 years (based on current situation):

Chance of daily R1: a little over 10%
Chance of daily S3: a little over 16%

Once S3 is hit, chance of R1 drops to less than 0.1%
A fool and his money are easily parted
  • #576,217
  • Feb 4, 2021 4:54am Feb 4, 2021 4:54am
Quoting parshal
It has to hit 1.3516 before retracing back efficiently
yes around that area before pullback
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-4-2-21-10h53.png Size: 49 KB
  • #576,218
  • Feb 4, 2021 4:56am Feb 4, 2021 4:56am
Closed all my shorts, test for long.. hope not hit my sl
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 57 KB
  • #576,219
  • Feb 4, 2021 4:57am Feb 4, 2021 4:57am
Quoting SCopier
Closed all my shorts, test for long.. hope not hit my sl {image}
Insane in the Brain..
  • #576,220
  • Feb 4, 2021 4:57am Feb 4, 2021 4:57am
channel confirmation of direction
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-4-2-21-10h57.png Size: 52 KB
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