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Cable Update (GBPUSD)

  • #633,421
  • Oct 25, 2021 1:37pm Oct 25, 2021 1:37pm
Quoting genadi
boring day...
When traders least expect after series of boring days, boom one way traffic Volatility will appear. When It starts, follow the trend early and never go against it. Volatility is very near, be extremely careful and ready.

Cheers,
George.
Data + Stat + Risk/Emotions Management
  • #633,422
  • Oct 25, 2021 1:38pm Oct 25, 2021 1:38pm
Quoting Georginson
{quote} When traders least expect after series of boring days, boom one way traffic Volatility will appear. When It starts, follow the trend early and never go against it. Volatility is very near, be extremely careful and ready. Cheers, George.
so will it be up or down?

how do we know?

  • #633,423
  • Oct 25, 2021 1:41pm Oct 25, 2021 1:41pm
Quoting genadi
{quote} so will it be up or down? how do we know?

guess game

my opinion a spike up and drop after NFP
MY OPINION NOT FINANCIAL ADVISE
  • #633,424
  • Oct 25, 2021 1:46pm Oct 25, 2021 1:46pm
Quoting genadi
{quote} so will it be up or down? how do we know?
Below 1.3830 is heavily bearish to 1.3150;

Above 1.3830 is heavily bullish to 1.4450.
Data + Stat + Risk/Emotions Management
  • #633,425
  • Oct 25, 2021 1:53pm Oct 25, 2021 1:53pm
Quoting donfriday
{quote} guess game my opinion a spike up and drop after NFP
  • #633,426
  • Oct 25, 2021 1:54pm Oct 25, 2021 1:54pm
Quoting Georginson
{quote} Below 1.3830 is heavily bearish to 1.3150; Above 1.3830 is heavily bullish to 1.4450.
big numbers. far predictions
  • #633,427
  • Oct 25, 2021 2:01pm Oct 25, 2021 2:01pm
Quoting Georginson
{quote} When traders least expect after series of boring days, boom one way traffic Volatility will appear. When It starts, follow the trend early and never go against it. Volatility is very near, be extremely careful and ready. Cheers, George.
Hi Georg, which trend do you mean, the use of trends will always be different on each TF, when traders say Daily TF is a bearish it means they are against a Weekly bullish trend, Cheers
Daddy, Brother, Lover, Little Boy
  • #633,428
  • Oct 25, 2021 2:06pm Oct 25, 2021 2:06pm
Quoting genadi
{quote} big numbers. far predictions
Genadi,
These are not big predictions if you look at the bigger picture, In fact, George is very conservative,
I have lost most of my trading accounts in my earlier days going into December. Buckle up and most importantly have your stops in place.
Cheers.
Trade to trade another day
  • #633,429
  • Oct 25, 2021 2:19pm Oct 25, 2021 2:19pm
Quoting Wavegarrick
{quote} Genadi, These are not big predictions if you look at the bigger picture, In fact, George is very conservative, I have lost most of my trading accounts in my earlier days going into December. Buckle up and most importantly have your stops in place. Cheers.
Thanks for reminding us...
  • #633,430
  • Oct 25, 2021 2:20pm Oct 25, 2021 2:20pm
buy - 1.3766
Together we can be strongest
Vantage Return This Month: -97.0%
  • #633,431
  • Oct 25, 2021 2:27pm Oct 25, 2021 2:27pm
Quoting genadi
{quote} big numbers. far predictions

all the predictions will come to past...George saw the crash he didnt see the dip of 134
mr burger saw the dip of 134 and bought and ride it..



the market is not designed for same trader to see it all, everyone will see depending on how they trade.


if i post target 134 in this group in august i would look like mad person but i did on trading view it took a while to get there , plan your trade and trade your plan
MY OPINION NOT FINANCIAL ADVISE
  • #633,432
  • Oct 25, 2021 2:33pm Oct 25, 2021 2:33pm
Quoting Maximumheigh
Load some shorts here @1.3772. Tp open. I might leave the trade through Asian session to LO open. IMO
This trade still on. Added few shorts to it on that pullback. T still same. IMO
  • #633,433
  • Oct 25, 2021 2:41pm Oct 25, 2021 2:41pm
Quoting genadi
{quote} so will it be up or down? how do we know?
We are likely to trend down soon, banks been building USD longs for a while. DXY accumulating on daily demand currently. I expect one last move up for liquidity first hence long bias to 1.3850 area. Anything can happen-- really I can only say I'm good at forecasting the next hour based on the current PA. But signs are there for a USD bull run and hence short GU. After we run last week's highs. If we don't then it's no issue, I miss out on one long which was a bonus trade anyway, I'll happily switch short if it's looking that way tomorrow
  • #633,434
  • Oct 25, 2021 3:44pm Oct 25, 2021 3:44pm
Quoting Georginson
{quote} Below 1.3830 is heavily bearish to 1.3150; Above 1.3830 is heavily bullish to 1.4450.
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Trying to determine the significance of 1.3830, Mate. Please point to where that is determined or explain how it is determined. Thanks. Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #633,435
  • Oct 25, 2021 4:05pm Oct 25, 2021 4:05pm
Quoting Mr.Burger
{quote} Hi Georg, which trend do you mean, the use of trends will always be different on each TF, when traders say Daily TF is a bearish it means they are against a Weekly bullish trend, Cheers
I'm preparing traders mind to be careful in these last days of 2021, so they don't lose all they have laboured to scalp all through the year... The gist is that big moves are coming and one shouldn't scalp in a one directional and Volatile trend that looks imminent ahead. It is a warning irrespective of time frame.

Quoting Wavegarrick
{quote} Genadi, These are not big predictions if you look at the bigger picture, In fact, George is very conservative, I have lost most of my trading accounts in my earlier days going into December. Buckle up and most importantly have your stops in place. Cheers.
Yes Leon, I'm being very conservative about these projections. I'm sure you know most traders here are intraday traders and scalpers, so giving a wider projection wouldn't align with their strategy.

Quoting TooSlow
{quote} {image} {image} Trying to determine the significance of 1.3830, Mate. Please point to where that is determined or explain how it is determined. Thanks. Cheers!
Hi Mate, 1.3830 is the mid zone between current 2021 high of 1.4249 and current 2021 low of 1.3411... meanwhile either of these levels (1.4249 or 1.3411) must break before this year end. Which means lots of fire works ahead since current 2021 range is 840 pips, still at least 260 more pips to attain minimum yearly range of 1100 pips.
Data + Stat + Risk/Emotions Management
  • #633,436
  • Oct 25, 2021 4:38pm Oct 25, 2021 4:38pm
Quoting Georginson
{quote} I'm preparing traders mind to be careful in these last days of 2021, so they don't lose all they have laboured to scalp all through the year... The gist is that big moves are coming and one shouldn't scalp in a one directional and Volatile trend that looks imminent ahead. It is a warning irrespective of time frame. {quote} Yes Leon, I'm being very conservative about these projections. I'm sure you know most traders here are intraday traders and scalpers, so giving a wider projection wouldn't align with their strategy. {quote} Hi Mate, 1.3830...
what trading approach did you learn? I just saw it, did you find it by yourself? serious question
Daddy, Brother, Lover, Little Boy
  • #633,437
  • Oct 25, 2021 4:40pm Oct 25, 2021 4:40pm
I am sure the possibility of a new minimum is ruled out for an important reason.
Air force
  • #633,438
  • Oct 25, 2021 4:43pm Oct 25, 2021 4:43pm
according to my little knowledge with EW ...
i am not EW pro pls dont take my count serious



we can then see 13550 next month after that wave 5
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #633,439
  • Oct 25, 2021 4:46pm Oct 25, 2021 4:46pm
Quoting Mr.Burger
{quote} what trading approach did you learn? I just saw it, did you find it by yourself? serious question
Yes I found it myself after repeated heavy losses in the past years.
Data + Stat + Risk/Emotions Management
  • #633,440
  • Oct 25, 2021 4:48pm Oct 25, 2021 4:48pm
Quoting KiwiTrada
{quote} yes been awhile since we seen 3800 should be tough "again" :-)
7 days later 1 38 still in play, tough nut, last weeks doji this weeks close will be important presently inside bar (still to close) if close inside bar, very bearish :-) this weeks focus is aussie, u/cad and eu, presently eu 4hr last night she dropped through 4hr range and struggling to get back in, level to watch 1 1616, either back into range or rejection south?
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