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Cable Update (GBPUSD)

  • #646,301
  • Dec 30, 2021 6:13am Dec 30, 2021 6:13am
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  • #646,302
  • Dec 30, 2021 6:18am Dec 30, 2021 6:18am
Quoting post
Market has aggressively priced in too many BOE hikes for 2022 and at some point they will have to start scaling back their expectation as for sure GB economy is slowing and will continue to show more weakness in coming days...this could have huge impact on GBP if FED stays on path... Trade Safe Happy Trading
interest rate is set by inflation ,they should be above the CPI (lie) reading or think turkey as the option
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #646,303
  • Dec 30, 2021 6:33am Dec 30, 2021 6:33am
... price now challenging the prev dly/4hr, now 1hr sw hi zone to 3505/13 again following the pullback to the prev 1hr/4hr sw hi zone confluence with a couple of fibs where 1hr bullish hidden div developed.

This prev 4hr/dly sw hi zone to 3513 is coexistent (and in fact was a 1st challenge on the prev wkly sw lo zone in a pullback from below it) that began @ 3411 and extends to circa 3535. So supply could emerge even with an upside break and clear of 3513?

4hr below.
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Trader with an Edge.
  • #646,304
  • Dec 30, 2021 6:38am Dec 30, 2021 6:38am
Quoting Ihlas
1.34880 It is really getting interesting HH for today?
Done
Daily close above 1.35 let's see
  • #646,305
  • Edited 7:18am Dec 30, 2021 6:41am | Edited 7:18am
... dly and wkly below

A couple of fibs just above that prev wkly sw lo zone to circa 3535, then that prev dly sw hi zone to 3607 on that dly t/f with a 3 fib cluster @ the base of it.
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Trader with an Edge.
  • #646,306
  • Dec 30, 2021 6:50am Dec 30, 2021 6:50am
good morning
  • #646,307
  • Dec 30, 2021 7:01am Dec 30, 2021 7:01am
... v.bullish 1hr close. Dly bearish hidden div measured from 3513 is now invalid as oprice has gone above it.
Trader with an Edge.
  • #646,308
  • Dec 30, 2021 7:05am Dec 30, 2021 7:05am
Quoting kuroro001
{quote} Sure, case closed market will decide
You have succeeded in making money with your spot on analysis. There is no need to indulge with the losers. There was a good time for the sellers to exit with profit when price retested the QM flip S/R. Market was very nice to everyone as the year end.

Enjoy the new year and greener pips in 2022

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  • #646,309
  • Dec 30, 2021 7:12am Dec 30, 2021 7:12am
Quoting mysterio
in buy {image}
Bulls broadly done for the year now, expect remainder of the year to be bear

(i'm a scalper--ignore such sweeping remarks)
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  • #646,310
  • Dec 30, 2021 7:15am Dec 30, 2021 7:15am
Quoting mysterio
{quote} Bulls broadly done for the year now, expect remainder of the year to be bear
Hi mate, hope you are doing ok. Doubtless a few stops got tripped in the run above 3513 lol!
Trader with an Edge.
  • #646,311
  • Edited 8:08am Dec 30, 2021 7:25am | Edited 8:08am
price return to ~1.3330 edited to ~1.3370
reason1,2,3 (H4,D1 figure)
and reson4: up channel don`t break upward (balance line)
reason5: 1.3500 Res
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Price turnback to where, he escaped from there
  • #646,312
  • Dec 30, 2021 7:25am Dec 30, 2021 7:25am
looking for sell at 1 3550 or 136 zone.
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MY OPINION NOT FINANCIAL ADVISE
  • #646,313
  • Dec 30, 2021 7:42am Dec 30, 2021 7:42am
Hi all,

Sell in action at 13507, sl 13520, tp 13440.

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  • #646,314
  • Dec 30, 2021 7:42am Dec 30, 2021 7:42am
Quoting Headland
{quote} Hi mate, hope you are doing ok. Doubtless a few stops got tripped in the run above 3513 lol!
Doing good man and you? Been trying to stay away from the threads to be free from bias but still pop in

I am working under the assumption that the stops were the bull target on GU and dxy will clear the other end of the range up to 97 now

Of course we know how this goes, if everyone did the same thing then those traders will be stopped out too blahblahblah

Have well surpassed my target today tho so it's a case of setting stop to BE and checking in at end of the day
  • #646,315
  • Dec 30, 2021 7:44am Dec 30, 2021 7:44am
GBP/USD Pending Long Trade

Entry 1.34900

Target 1.35150

Stop 1.34770 (-13) Pips
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  • #646,316
  • Dec 30, 2021 7:46am Dec 30, 2021 7:46am
Quoting donfriday
looking for sell at 1 3550 or 136 zone. {image}
let s see, GU is more to buy, not to sell
  • #646,317
  • Dec 30, 2021 7:47am Dec 30, 2021 7:47am
An hidden bearish divergence is building on daily from the previous regular
meaning a continuation of the previous bearish that stopped at 1.31

target 1.30, 1.29 for a buy toward 1.40 my opinion.
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MY OPINION NOT FINANCIAL ADVISE
  • #646,318
  • Dec 30, 2021 7:49am Dec 30, 2021 7:49am
Inserted Video


just do it =))) funny
i love this boy 'ahmad' hes so cool at trade ( west.south asian boy )

if M30 chart breaking at 34910, looking for sell to 34100
  • #646,319
  • Dec 30, 2021 7:49am Dec 30, 2021 7:49am
Quoting maxi444
{quote} let s see, GU is more to buy, not to sell

i wish i know the future just guessing
MY OPINION NOT FINANCIAL ADVISE
  • #646,320
  • Dec 30, 2021 7:57am Dec 30, 2021 7:57am
Quoting donfriday
{quote} i wish i know the future just guessing
me too, the future is not so important for a day trader, the money is enough
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