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Cable Update (GBPUSD)

  • #618,521
  • Aug 22, 2021 3:58am Aug 22, 2021 3:58am
Quoting hasib
If you’ve been thinking that this year has been a bit too easy for US stock market bulls, you’re definitely onto something. Astoundingly, the Dow Jones Industrial Average has gone nearly ten months without even a pedestrian 5% pullback! To put this statistic into context, the Dow has historically seen at least a -5% correction every 71 trading days, or roughly every 3.5 months, so on average, we would have expected three such pullbacks since the start of November instead of zero. So, when the...
Morning to you also sir . Good post yes as I said to you USA strong position now . Looking more after themselves. This Afghan thing sucks waste of life and money in the past fighting tal for years and with in weeks yes weeks not years they overthrew the country . It’s like syiria all gone quite for now what’s going on there also . I think Arab country’s have a different way of life .. they have lived like that forever . We have seen so many people uprising in the past years .. if the people don’t like what’s going on then the fight against the rule . Not other countries fighting for them .. there are more people that could make a difference than army’s can . So let the people find their feet and fight for what they want . Regards eE
  • #618,522
  • Aug 22, 2021 3:58am Aug 22, 2021 3:58am
Quoting hasib
{quote} Hi, Georg Thanks for sharing your inciteful work. You probably do this work in excel. can you share a sample file so that I can do the same research with US30.
Thanks mate, I will learn how to use Excel to get this done and revert.
Data + Stat + Risk/Emotions Management
  • #618,523
  • Aug 22, 2021 4:00am Aug 22, 2021 4:00am
Quoting Georginson
{quote} @Navin2007... Last 6 years August most Repeated Range is 400 - 450 pips Last 6 months: most Repeated range is 412 - 460 pips (May, June &July) Maximum range is 675 pips (February) Minimum range is 341 pips (April) This August so far 355 pips (1.3957 - 1.3602) ✓ August Range has exceeded Minimum of 341 pips ✓ Next possible Range Target is 412 pips Which means 412 pips minus 355 pips (Current Range) = 57 pips. Since Current price (1.3623 is closer to the low) it means possibility of 412 pips range completion to the Low is realistic......
I am amazed that there's huge amounts of effort! This can also be very useful, thank you Georginson! Keep up the good work! Hats off
You have to have an IQ higher than 90 to interact with this user.
  • #618,524
  • Aug 22, 2021 4:03am Aug 22, 2021 4:03am
Quoting elbert3
{quote} Morning G lol that’s in-depth. I have seen you do this before and that would baffle me .. and I am the one who says think outside the box .. that good thou I look into mostly tec and I even like you draw up charts from years ago Ie trend lines . You would be amazed when you put in a tl from 5/10 years ago what it shows up . Even patterns . I posted gold weekly chart and there are 2 boxes spread a year or so apart that nearly look the same . At the time the box on the left bike out to hit its bottom tl . Now we have a box that look prototype...
Your post is long and yet useful, I am a mono trader which means I have focused on GBPUSD only for 10 years out of 14 years of my trading experience. I did try Gold and Crude oil in year 2010 and I got my fingers miserably burnt. I will look into crypto and Gold again and see if I can do well there too, but I will need some guidance from you, if you will oblige me.

Quoting Nordling00
{quote} I am amazed that there's huge amounts of effort! This can also be very useful, thank you Georginson! Keep up the good work! Hats off
Your good reply is enough motivation for me to keep posting. Thanks mate.
Data + Stat + Risk/Emotions Management
  • #618,525
  • Aug 22, 2021 4:11am Aug 22, 2021 4:11am
Quoting elbert3
{quote} Morning to you also sir . Good post yes as I said to you USA strong position now . Looking more after themselves. This Afghan thing sucks waste of life and money in the past fighting tal for years and with in weeks yes weeks not years they overthrew the country . It’s like syiria all gone quite for now what’s going on there also . I think Arab country’s have a different way of life .. they have lived like that forever . We have seen so many people uprising in the past years .. if the people don’t like what’s going on then the fight against...
As a citizen of Turkey (We are not Arabs btw we are mixture of Turkic-Mongol-Asian-European mostly) i know middle eastern countries and their culture very well. Most of the people are too conservative and even radical. They see clergy as holy people and have a culture of listening and obeying to their Imam (Priest) and becoming a follower. Like old Europe in Medieval Ages.

So the reason why Arab, Persian countries have lots of civil wars is radical Islamist people uprising against the modern governments. Also most of these people are jihadist (crusade in Islam) and this is also taught by their Imam (Priest)
You have to have an IQ higher than 90 to interact with this user.
  • #618,526
  • Aug 22, 2021 4:20am Aug 22, 2021 4:20am
Quoting Georginson
{quote} Your post is long and yet useful, I am a mono trader which means I have focused on GBPUSD only for 10 years out of 14 years of my trading experience. I did try Gold and Crude oil in year 2010 and I got my fingers miserably burnt. I will look into crypto and Gold again and see if I can do well there too, but I will need some guidance from you, if you will oblige me. {quote} Your good reply is enough motivation for me to keep posting. Thanks mate.
I am new to cy from what I think is the big players . Mr e musk for one controlling what is a unregulated field at this time as it’s still a newish thing .. ie look at this Bitcoin monthly. He sold off a shed load and a few others .. now that’s manipulating… only to buy it back . Some 30k drop .. so look at the chart .. yes it’s off my phone sorry … big drop it support and buy back . 1. Is it going to break the doji type candle ?? Or is it a pull back of the bear candle ?? Dump some more .?? The up and coming possible king I’m waiting my words lol is Ethereum look into that one . It’s not only the coin it’s much more involved. They are even combining with Visa card so it’s here to stay .. sorry guys it’s not Gu but a short answer to George .. regards
  • #618,527
  • Aug 22, 2021 4:34am Aug 22, 2021 4:34am
Quoting Nordling00
{quote} As a citizen of Turkey (We are not Arabs btw we are mixture of Turkic-Mongol-Asian-European mostly) i know middle eastern countries and their culture very well. Most of the people are too conservative and even radical. They see clergy as holy people and have a culture of listening and obeying to their Imam (Priest) and becoming a follower. Like old Europe in Medieval Ages. So the reason why Arab, Persian countries have lots of civil wars is radical Islamist people uprising against the modern governments. Also most of these people are jihadist...
Thank you for that reply . Yes different people different cultures. And we should respect all . Sooo many wars over religious beliefs we ?!!! Are or should believe in a god . God does not say we should kill purgers that’s don’t believe. Imagine this thread we would be killing each other because we don’t believe the other traders opinion lol … and also for monetary gain . English people can’t really criticise the harm of Jewish people here in England in the 12th century..yes as far back as that .. the kings bought out a law against something called snipping .. they knew the Jewish money people where snipping round silver coins into let’s say . A 10 p coin into a 20 p coin . So that gave them the power to kill and seize the Jews money .. the world is a crazzzy place ant this time and it’s not all good news in fact a lot more bad than good news theses days ..?we just need to treat others as we want to be treated ourselves.. we are the gods we rule but we should not rule with death .. regards E
  • #618,528
  • Aug 22, 2021 4:43am Aug 22, 2021 4:43am
Quoting Georginson
{quote} @Navin2007... Last 6 years August most Repeated Range is 400 - 450 pips Last 6 months: most Repeated range is 412 - 460 pips (May, June &July) Maximum range is 675 pips (February) Minimum range is 341 pips (April) This August so far 355 pips (1.3957 - 1.3602) ✓ August Range has exceeded Minimum of 341 pips ✓ Next possible Range Target is 412 pips Which means 412 pips minus 355 pips (Current Range) = 57 pips. Since Current price (1.3623 is closer to the low) it means possibility of 412 pips range completion to the Low is realistic......
Same ideas slightly different approach
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  • #618,529
  • Aug 22, 2021 4:47am Aug 22, 2021 4:47am
Price is approaching to buying zone...
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  • #618,530
  • Aug 22, 2021 4:49am Aug 22, 2021 4:49am
Quoting elbert3
{quote} Thank you for that reply . Yes different people different cultures. And we should respect all . Sooo many wars over religious beliefs we ?!!! Are or should believe in a god . God does not say we should kill purgers that’s don’t believe. Imagine this thread we would be killing each other because we don’t believe the other traders opinion lol … and also for monetary gain . English people can’t really criticise the harm of Jewish people here in England in the 12th century..yes as far back as that .. the kings bought out a law against something...
Agreed. Killing is not a solution, that will only bring more hate and more blood. We should be civilized and smart enough to deal with people without the need to harm them.

And our beliefs should not be harming anyone. It should not be bothering, restricting anyone. I have seen a video of a woman killed by Taliban, a group of people were throwing rocks at the woman's head and she died... Beliefs can get very dangerous...

Sadly, there are radical people in Turkey too (around %20 of the population) and i don't feel safe passing through their neighbours as an agnostic, modern looking person.
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  • #618,531
  • Aug 22, 2021 4:59am Aug 22, 2021 4:59am
Quoting Nordling00
{quote} Agreed. Killing is not a solution, that will only bring more hate and more blood. We should be civilized and smart enough to deal with people without the need to harm them. And our beliefs should not be harming anyone. It should not be bothering, restricting anyone. I have seen a video of a woman killed by Taliban, a group of people were throwing rocks at the woman's head and she died... Beliefs can get very dangerous... Sadly, there are radical people in Turkey too (around %20 of the population) and i don't feel safe passing through their...
NO OMG how could a person do that .. that’s bad mind set to be so evil I can not even think that I could bring myself to do that to another human being . You take care there my friend . We nearly bought an apartment in Fethia a few years ago and have been to turkey many times and only found the people to be good souls .. but as you say there ar some against ideas . Regards
  • #618,532
  • Aug 22, 2021 5:01am Aug 22, 2021 5:01am
Inserted Video
not euphoria follower
  • #618,533
  • Aug 22, 2021 5:04am Aug 22, 2021 5:04am
Quoting elbert3
{quote} NO OMG how could a person do that .. that’s bad mind set to be so evil I can not even think that I could bring myself to do that to another human being . You take care there my friend . We nearly bought an apartment in Fethia a few years ago and have been to turkey many times and only found the people to be good souls .. but as you say there ar some against ideas . Regards
Fethiye is a nice place, you can find those radical people that i am talking about in rather poor neighbourhoods.
You have to have an IQ higher than 90 to interact with this user.
  • #618,534
  • Aug 22, 2021 5:08am Aug 22, 2021 5:08am
Back to trading ....
not euphoria follower
  • #618,535
  • Aug 22, 2021 5:17am Aug 22, 2021 5:17am
Quoting Nordling00
{quote}... I have seen a video of a woman killed by Taliban, a group of people were throwing rocks at the woman's head and she died... Beliefs can get very dangerous... Sadly, there are radical people in Turkey too (around %20 of the population) and i don't feel safe passing through their neighbours as an agnostic, modern looking person.
Yeah, god is the one of leading causes of death.
Inserted Video
Air force
  • #618,536
  • Aug 22, 2021 5:26am Aug 22, 2021 5:26am
Quoting iqyu5an
Back to trading ....
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lol yes but it is Sunday we need a down day lol .. gap down I think on the open to 3612 area and let’s see Regards E
  • #618,537
  • Aug 22, 2021 5:34am Aug 22, 2021 5:34am
Quoting W0lfram
{quote} Yeah, god is the one of leading causes of death. https://youtu.be/WEi3Gaptaas
Yes that saying .. many a true word said in jest … it’s true .. that me guys till later . Still in bed but had two coffees and why … because I can lol . Thanks for this chat on Sunday time lol .. good luck for this week .. work together no fighting or killing .. only piece and live love and laughter.. make the world a better place … E
  • #618,538
  • Aug 22, 2021 5:37am Aug 22, 2021 5:37am
Quoting iqyu5an
https://youtu.be/BuejaOTxA6A
ONG MY DAD SANG THAT ALL THE TIME HE CAME HOME AFTER A FEW DRINKS thank you for posting that it’s made me feel comfort
  • #618,539
  • Aug 22, 2021 5:51am Aug 22, 2021 5:51am
Quoting soulreader
So far, the GBPUSD has behaved as expected, with 1.3450 being the next target. Note: I am not against anyone's forecast, everyone has their own viewpoint. Good Luck. {image}
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  • #618,540
  • Aug 22, 2021 6:01am Aug 22, 2021 6:01am
Quoting Georginson
{quote} @Navin2007... Last 6 years August most Repeated Range is 400 - 450 pips Last 6 months: most Repeated range is 412 - 460 pips (May, June &July) Maximum range is 675 pips (February) Minimum range is 341 pips (April) This August so far 355 pips (1.3957 - 1.3602) ✓ August Range has exceeded Minimum of 341 pips ✓ Next possible Range Target is 412 pips Which means 412 pips minus 355 pips (Current Range) = 57 pips. ™ Since Current price (1.3623 is closer to the low) it means possibility of 412 pips range completion to the Low is realistic......
Another visual way
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