Cable Update (GBPUSD) | Page 32320 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #646,381
  • Dec 30, 2021 4:14pm Dec 30, 2021 4:14pm
Quoting donfriday
{quote} according to fractal 2020 is the historical LL we need 2-3 years to right side in other to complete a fractal on that yearly my opinion the bearish is not over but though it may take us a while 1.20 will be a perfect historical place to buy
1.2? Wow
  • #646,382
  • Dec 30, 2021 4:39pm Dec 30, 2021 4:39pm
Quoting donfriday
{quote} Tony, also dont forget thats Pin bar on the yearly and its said to give at least 50% retracement which is yet to fulfill.
love to see the 50 or 61.8 yearly before any bear move ( if any ) . that's not so far away under yearly timeframe. and tomorrow we will find out yearly pivot also
not euphoria follower
  • #646,383
  • Dec 30, 2021 5:24pm Dec 30, 2021 5:24pm
Quoting iqyu5an
{quote} love to see the 50 or 61.8 yearly before any bear move ( if any ) . that's not so far away under yearly timeframe. and tomorrow we will find out yearly pivot also
tomorrow should close below Y pivot
  • #646,384
  • Dec 30, 2021 5:26pm Dec 30, 2021 5:26pm
1.36000 will it hit or passed
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #646,385
  • Dec 30, 2021 5:39pm Dec 30, 2021 5:39pm
in month chart to me we are at B wave
Attached Image (click to enlarge)
Click to Enlarge Name: imagem_2021-12-31_013947.png Size: 139 KB
  • #646,386
  • Dec 30, 2021 5:51pm Dec 30, 2021 5:51pm
good to be back..

how y'all doing ?

merry christmas and happy new year.

green pips to y'all
Trade with prediction = witch with her visions lol
  • #646,387
  • Dec 30, 2021 5:55pm Dec 30, 2021 5:55pm
Quoting chess king
{quote} tomorrow should close below Y pivot
we have high and low already... wating for closing still. inho
not euphoria follower
  • #646,388
  • Dec 30, 2021 6:32pm Dec 30, 2021 6:32pm
Quoting Georginson
{quote} Here it is 1.3520. The projected top is between 1.3520 - 1.3564 area. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW4.png Size: 61 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #646,389
  • Dec 30, 2021 6:33pm Dec 30, 2021 6:33pm
Quoting Jolita
{quote} Thanks for this! Getting ready for next Wed's FOMC meeting. I think will be hawkish for dollar.
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW2.png Size: 84 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #646,390
  • Dec 30, 2021 6:44pm Dec 30, 2021 6:44pm
=)
  • #646,391
  • Edited 7:45pm Dec 30, 2021 7:19pm | Edited 7:45pm
If 1.35 breaks through, then will go to 1.3580 (38.2% Fibo).
Happy New Year everyone and big profits in the New Year!
  • #646,392
  • Dec 30, 2021 7:41pm Dec 30, 2021 7:41pm
wish me a big luck ( i will kiss ya all if i successed this )
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 27 KB
  • #646,393
  • Dec 30, 2021 9:20pm Dec 30, 2021 9:20pm
Quoting Nd10
{quote} 1.2? Wow
not happening soon but on yearly chart it will and may take a year
MY OPINION NOT FINANCIAL ADVISE
  • #646,394
  • Dec 30, 2021 9:28pm Dec 30, 2021 9:28pm
Quoting W0lfram
{quote} Принимается
  • #646,395
  • Dec 30, 2021 10:51pm Dec 30, 2021 10:51pm
Quoting Bones
This year looks like indecision ,its the doji I was thinking/posting months back , also it has the lowest range in all time history it shows - to say it has to hit any historic range is a dangerous way forward ,it does not have to go too prior lowest year range(s) at all. In a nutshell this is the worst year ive ever seen with regard to volume and price action .Im looking at a super ugly weekly that often is not clear , But right now ,this week the chart is Crystal Clear ,no way would I short into it this week ,could be it would reach to actual...
With all due respect, I have to disagree with this statement of yours that 'it has the lowest range in all time history it shows'

Below are yearly ranges from 2011 to this year 2021

2011 = 1.6744 - 1.5272 (1472 pips range)
2012. = 1.6308 - 1.5235 (1073 pips range)
2013. = 1.6577 - 1.4813 (1764 pips range)
2014. = 1.7189 - 1.5485 (1704 pips range)
2015. = 1.5928 - 1.4565 (1363 pips range)
2017. = 1.3656 - 1.1986 (1670 pips range)
2018 = 1.4375 - 1.2475 (1900 pips range)
2019 = 1.3513 - 1.1957 (1556 pips range)
2020 = 1.1409 - 1.3667 (2258 pips range)
2021 = 1.3160 - 1.4249 (1089 pips range)

This Year 2021 Range (1089 pips) is identical to Year 2012 Range (1073 pips).

The sooner traders start understanding that Ranges mean Distance Covered and Exchange Rate responds to Distance covered the better prepared and profitable they will be.

Cheers,
George.

Quoting TooSlow
{quote} {image}
Impressive data and price representation as usual.... Let's get better for year 2022. Good job mate.
Data + Stat + Risk/Emotions Management
  • #646,396
  • Dec 30, 2021 11:19pm Dec 30, 2021 11:19pm
Quoting Georginson
{quote} This Year 2021 Range (1089 pips) is identical to Year 2012 Range (1073 pips).
Very correct. The next 8-9 years will have ranges around (or bigger than) ~1500 pips. Until the next lousy ~1000 pips year does come and pay us a visit once again...
Maadik Hugiis. IQ 69.
  • #646,397
  • Dec 30, 2021 11:31pm Dec 30, 2021 11:31pm
Quoting Georginson
{quote} With all due respect, I have to disagree with this statement of yours that 'it has the lowest range in all time history it shows' Below are yearly ranges from 2011 to this year 2021 2011 = 1.6744 - 1.5272 (1472 pips range) 2012. = 1.6308 - 1.5235 (1073 pips range) 2013. = 1.6577 - 1.4813 (1764 pips range) 2014. = 1.7189 - 1.5485 (1704 pips range) 2015. = 1.5928 - 1.4565 (1363 pips range) 2017. = 1.3656 - 1.1986 (1670 pips range) 2018 = 1.4375 - 1.2475 (1900 pips range) 2019 = 1.3513 - 1.1957 (1556 pips range) 2020 = 1.1409 - 1.3667 (2258...

thats very good insight

i have notice that the major Price action for the range 99% kickoff from particular round number of 500-1000 pip range


example round numbers like 1.40 1.35 1.30

i would love to see 1.30 and 1.29 if the sell off from 1.35 work
MY OPINION NOT FINANCIAL ADVISE
  • #646,398
  • Edited 11:52pm Dec 30, 2021 11:32pm | Edited 11:52pm
Excluding this week data
Yearly POC 1.3834 and price just below VAL 1.355
Make your conclusions.

Prev.
POC 1.294, close above VAH

So ≈1.294 - 1.3834 is the first estimation. +/-
Air force
  • #646,399
  • Dec 30, 2021 11:36pm Dec 30, 2021 11:36pm
Quoting MoneyZilla
{quote} Very correct. The next 8-9 years will have ranges around (or bigger than) ~1500 pips. Until the next lousy ~1000 pips year does come and pay us a visit once again...
Absolutely spot on observation...

Quoting donfriday
{quote} thats very good insight i have notice that the major Price action for the range 99% kickoff from particular round number of 500-1000 pip range example round numbers like 1.40 1.35 1.30 i would love to see 1.30 and 1.29 if the sell off from 1.35 work
You are right Don, those round numbers were really the trade spots this year, that sell off to 1.30 area looks almost imminent. Good sight Don.
Data + Stat + Risk/Emotions Management
  • #646,400
  • Dec 31, 2021 12:01am Dec 31, 2021 12:01am
starting short here

maybe
Attached Image (click to enlarge)
Click to Enlarge Name: bandicam 2021-12-31 08-00-28-594.jpg Size: 219 KB
MY OPINION NOT FINANCIAL ADVISE
281 traders viewing now