Cable Update (GBPUSD)

yes, indeed

Still in my buys and add ons from yesterdays low entered at 1.37402, looking at the 4 hour the low on the 23rd Aug was the weekly M2 (and also the 138 level on my fib) so buying since, I have been watching this and thinking the target would be the Weekly M4 at 1.38556 - so will move up my sl’s and have caution at 1.38556. It is struggling on the Weekly 21 moving average atm

Eurusd sell down to 1.18500 and then long back upwards

Maheeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

Today?

Hi Guys,
Take it for what it is. The last swing high at 1.39832 ish to the latest low represents a 61.8% fib retrace at 1.38373, I would also be looking at a possible touch of 1.38500 as a confluence level. The fib retrace is also in line with my monthly candle swing high to low. I have a major trendline here so will be looking for rejection of these levels. I have had bearish divergence from higher time frames and we could be looking at a massive drop at some point.
Trade safe,
Cheers.

Eurusd supported by the weekly so the path is now up. Retracement has ended

sell
again

Whilst i agree a drop will happen at some point, 3800 has broken now if it holds on the daily close then we are probably looking at 3876 next and then that is a trend reversal which could see this going up to the 1400 level which is an old support now resistance

but wishing you the best for your trades

i dont even follow what people say in forum but truth be told its a distraction sometime..

Hey Garrick... Here is a Quick Stat
last 7 years September
September 2014: - High 1.6643 - 1.6051 = 592 pips range
September 2015: - High 1.5658 - 1.5107 = 551 pips range
September 2016: - High 1.3444 - 1.2914 = 530 pips range
September 2017: - High 1.3658 - 1.2905 = 753 pips range
September 2018: - High 1.3298 - 1.2785 = 513 pips range
September 2019: - High 1.2581 - 1.1958 = 623 pips range
September 2020: - High 1.3482 - 1.2675 = 807 pips range

Minimum Range = 513 pips
Average Range = 660 pips
Maximum Range = 807 pips

From the above, it can be deducted that around 500 - 600 pips range will likely be seen this September 2021. Now the Big question is where will the range stretch to (up or down)?

Yearly range so far stands at 800 pips against expected range of 1400 - 1600 pips for Year 2021, This means that additional 600 pips is expected to break either 1.4249 or 1.3450 between September to December 2021.

Bias: as far as 1.3980 is unbroken this September, 1.3300 is widely exposed.

This is my research excerpt with no obligation to follow. This piece is for informational purpose.

Cheers,
George.

i was long at 13770 after watching daily chart yesterday i later fell it will drop to 13750 i closed it and went short and got burn..

always trade ur first plan

I have the same fib - and possibly the same trend line from a fib channel on the day from the high on the 1st June - still in Long until the 1 hour indicators tell me otherwise,

NOTE " Others may skip this post, it is boring and not useful - just to clarify some EGO issue

POP CORN TIME for you pipfarm ( no need to making fun of other people names- respect that)

This the real life event in FF between Sang Real vs Pipfarm, somewhere in March 2021

You're upset with Sang Real, I see..... lol.
He really teach you some lesson (as Newbie) on how to trade. But he didn't lol or laugh at you.

Below is the chronological order the conversation exchanges between you and Sang Real.
Sang Real is sitting beside me now and laughing at those event that dent your ego.

Started with Sang Real took a long trade.

Pipfarm interject with full authority without explanation/reason on why it is wrong ( so much ego, I smell). Bigger font to show you're smarter?

Sang Real politely say thank and re-look at those trade ( just a drama to make believe you're good- actually not)

Sang real reply, instead of closing/reverse the trade, he added tow more position. Now I see pipfam face turn red and it hurt your ego. !

Sang Real post another trade added one more position (Adding salt to the wound....lol)


By now, you've loss of words to amend what you've posted. Too late. However, your reply stating, Sang Real have different strategy.. lol
BUT ,,,wait, you edited your post and changed your sentence to show, your strategy is different from Sang Real ( a losing strategy)


I notice that you like to bully others, most of post is making fun of other and you "lol" is everywhere.
The RED Badge is not meant to bully others, who making wrong judgement in taking a trade
RED Badge should be helping them not to laugh or "lol" .
When they are wrong, please provide reason you're not agreeing to it.

If you wish not to help or teach other, please keep quiet on what other post ( even when they are wrong).
You're the Second person I tell this for making fun of other
You come from develop country, need to have the same mentality to go along with it.

I saw many of your post are targeting others.
I just don't read it coz it is worthless.

However, I will stand and fight against BULLY in this thread
Please behave yourself coz your analysis is below par (with useless indicator)
Most of the time you got it all wronged. lol ( now I'm laughing)

And please , please,
please

Reply to this post , let everyone enjoy the show plus pop corn.
I want to hear your excuse of editing the post.
Be a man, debate and argue like a man, don't "lol" here lol" there.
Don't call people names, respect them as I respect others.

BTW, I seriously don't have to to post result, it is for ego filling posting only.
I rather post "fore sight" entry.
You asked me to post it, I was busy taking the next trade, there is so much I can do.

You're exceptional, you just post words, then delete it when it went against you.
( I saw you deleted couples of wrong call trade entry posting...lol) -you noty old man.

It is time consuming and at the time I closed the trade, price already move, and managed to catch it at
Here's the glimpse of it, I didn't post it as need to add more position above the first entry.

Here's the spoiler. (with price stamp entry.)


I wait for your reply and need to reload pop corn.

P/S Need to close my trade now.....(no need chart anymore)

This thread beats Amazon and Netflix any day ... cheers everyone

He's gone.

Wanted to post me entry to share with other, but the price move like a flash....

Only capture the first entry.

P/S - going to follow your lead, not posting any more chart. Just post words, it easier and can delete/edit very fast...lol
Posting chart is too painful for some, who filled with ego.

Spolier

GU

Closing my trades (many) now @ 1.38231.


Yeah, that is easier. No chart.

why are you following the advice of an inferiority complexer?

he is winning in the end...

you give him energy

Tomorrow T-Shirt

Yes Pat why ?