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Cable Update (GBPUSD)

  • #647,061
  • Jan 5, 2022 5:08am Jan 5, 2022 5:08am
...inverted pinbar close on last 1hr. Range persists.

1hr below

... y/day on the dly was a bullish engulf close (even allowing for broker spread widening at it's open.) Will we see an upside follow thru close today in line with 4hr/dly uptrends?

Dly below.
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Trader with an Edge.
  • #647,062
  • Jan 5, 2022 5:30am Jan 5, 2022 5:30am
Quoting birdland
on daily chart we are definitely overbought and in selling teritory. the TL was also rejected. the stoch is also falling, below red line and overbought. and of course we are in a downtrend (channel) {image}
its stubborn, because the weekly&monthly open is @3530. when this falls, we can go further south.
trading is like dancing, don't think and just listen to the music!
  • #647,063
  • Jan 5, 2022 5:30am Jan 5, 2022 5:30am
Inserted Video
POSTMASTER
  • #647,064
  • Jan 5, 2022 5:45am Jan 5, 2022 5:45am
Quoting palpite
sell - 1.3522
Quoting palpite
add sell - 1.3541
trades closed - 1.3546
Together we can be strongest
Vantage Return This Month: na
  • #647,065
  • Jan 5, 2022 5:48am Jan 5, 2022 5:48am
Quoting Robinhood1
{quote} target 8400
Last post regarding cadjpy, lets move to the jpy thread then

But hedge funds are shorts...

Attached Image
COT: The precious data ignored
  • #647,066
  • Jan 5, 2022 5:50am Jan 5, 2022 5:50am
Quoting Bones
nordling much talked about live account got disconnected dec 16 ,he doesn't know why ? maybe its holiday season .... but he was seen shorting cable at 13170 with huge confidence
Quoting donfriday
{quote} HAHHAA They will learn the hard way what we have learned over decade
Hahaha so you two were talking behind my back and you guys seem like you are having fun! Well i am sorry but your fun will be short lived. I have solved the disconnection issue and here's my track record:

https://www.myfxbook.com/members/Nor...legacy/9364022

118% equity growth and 54% win rate! Yeah there were few stops like GU but i stopped the losses quickly when BOE made a surprise and hiked the rates. So no problem, i still have an awesome equity growth.

Unlike you two stupid old losers who talks behind people's backs, i am busy with trading. You two dumbos only learned drawing trendlines in a decade, and few candlestick patterns that is just BS. Let's not forget that you two can't be able to put up any track records in a decade.

So now that you two got your answers, i hope you will be more careful when you are going to talk behind people's backs. Man up.

HAHAHA, i like shutting losers' mouths
You have to have an IQ higher than 90 to interact with this user.
  • #647,067
  • Jan 5, 2022 5:51am Jan 5, 2022 5:51am
... Looking to the upside, the minor prev 4hr sw hi zone from 10th Nov last year extends to 3565...it's base is coexistent with a prev 1hr/4hr sw hi zone to y/day's 3557 hi. Above here and the prev 4hr/dly sw hi zone to 3607 comes into view which has a 3 fib cluster @ base of it (of fibs from major swing hi's 4249 downwards to 3161.) This prev sw hi zone = prev res = pot res, begins @ circa 3570 on dly t/f, much higher on 4hr which is coexistent with a prev 4hr sw lo zone = prev supp = pot sbr on that t/f.

Will this 1hr range consolidation resolves north or south? Looking north atm, but anything can happen!

dly below.
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Trader with an Edge.
  • #647,068
  • Jan 5, 2022 5:53am Jan 5, 2022 5:53am
Quoting Nordling00
{quote} {quote} Hahaha so you two were talking behind my back and you guys seem like you are having fun! Well i am sorry but your fun will be short lived. I have solved the disconnection issue and here's my track record: https://www.myfxbook.com/members/Nor...legacy/9364022 118% equity growth and 54% win rate! Yeah there were few stops like GU but i stopped the losses quickly when BOE made a surprise and hiked the rates. So no problem, i still have an awesome equity growth. Unlike you two stupid old losers who talks behind...
In 2022, i won't waste much time in this forum, i will still be around but not that often. I have to value my time like any other successful trader.

I have a lot to do, a lot to chase and a lot to conquer.

I don't know about you, but i am feeling 22.

Inserted Video
You have to have an IQ higher than 90 to interact with this user.
  • #647,069
  • Jan 5, 2022 5:55am Jan 5, 2022 5:55am
Quoting Nordling00
{quote} {quote} Hahaha so you two were talking behind my back and you guys seem like you are having fun! Well i am sorry but your fun will be short lived. I have solved the disconnection issue and here's my track record: https://www.myfxbook.com/members/Nor...legacy/9364022 118% equity growth and 54% win rate! Yeah there were few stops like GU but i stopped the losses quickly when BOE made a surprise and hiked the rates. So no problem, i still have an awesome equity growth. Unlike you two stupid old losers who talks behind...
Did you enjoy your holiday
POSTMASTER
  • #647,070
  • Jan 5, 2022 5:57am Jan 5, 2022 5:57am
Quoting Robinhood1
{quote} Did you enjoy your holiday
Hahaha not really, it was boring and dull. Working is always better than holidays.

I hope you did enjoy your holiday mate!
You have to have an IQ higher than 90 to interact with this user.
  • #647,071
  • Jan 5, 2022 5:59am Jan 5, 2022 5:59am
Quoting kuroro001
{quote} Last post regarding cadjpy, lets move to the jpy thread then But hedge funds are shorts... {image}
I am comfortable here thank you. after all its trading and not mentioning cadjpy all the time, just like others mention gold, pizzas etc. Nice entry you did
POSTMASTER
  • #647,072
  • Jan 5, 2022 6:03am Jan 5, 2022 6:03am
Quoting Nordling00
{quote} Hahaha not really, it was boring and dull. Working is always better than holidays. I hope you did enjoy your holiday mate!
I am permanently on holiday thank you. Just spent one day with family. The keep telling me to join here and there but i like being on my own in the countryside
POSTMASTER
  • #647,073
  • Jan 5, 2022 6:09am Jan 5, 2022 6:09am
buy - 1.3543
Together we can be strongest
Vantage Return This Month: na
  • #647,074
  • Jan 5, 2022 6:17am Jan 5, 2022 6:17am
... not the most market-moving U.s data coming up this London afternoon (historically,) but anything can happen, particularly if it surprises -vs- forecasts. U.s Fomc later may cause a tickle?

1hr range consolidation persists 3557-3520.

1hr below.
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Trader with an Edge.
  • #647,075
  • Jan 5, 2022 6:19am Jan 5, 2022 6:19am
Quoting Wavegarrick
{quote} I am in two sell trades and will have to see how it pans out.
Don't know for how long you are gonna keep them. Me is looking for 1.41 -> 1.26. If this is not happening, i am prepared for 1.31 -> 1.46, or whatever the bottom will be or already is? as of now, all my net trades and everything else points out down. partially hedging, in case we are in a reversal already. My personal bias is 1.26, as there the most of my TPs are set to or around... 1.31 or whatever the bottom, to 1.46+ will cause higher draw-downs vs higher returns. however, would enjoy 1.26 more, over the 1.46, but not very fast, so me can gather some more sell trades in the baskets...
Maadik Hugiis. IQ 69.
  • #647,076
  • Jan 5, 2022 6:19am Jan 5, 2022 6:19am
Yesterday's L break?
  • #647,077
  • Jan 5, 2022 6:23am Jan 5, 2022 6:23am
Quoting Headland
G/M. Price @ y/day's 3557 hi found resistance @ the bottom of a prev 4hr sw hi = prev res = pot res from 10th Nov. Price atm trading inbetween y/day's hi and the 3520 pullback lo from y/day too, off that hi. ... 4hr and dly uptrends are still intact...1hr range consolidation right now. 1hr below. {image}
is this manual or indicator? may you share? hehe.. thanks
  • #647,078
  • Jan 5, 2022 6:49am Jan 5, 2022 6:49am
Looks time to restart bull again.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #647,079
  • Jan 5, 2022 6:52am Jan 5, 2022 6:52am
This is my take on the GU - 1hr chart - sell under the support value and buy over the convergence value.
Daily support I have as 1.3200 - Daily chart - sell under the support value and buy over the convergence value.
Looks to me like a scalpers chart.
2TT
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  • #647,080
  • Jan 5, 2022 6:56am Jan 5, 2022 6:56am
Quoting 2teamtrader
This is my take on the GU - 1hr chart - sell under the support value and buy over the convergence value. Daily support I have as 1.3200 - Daily chart - sell under the support value and buy over the convergence value. Looks to me like a scalpers chart. 2TT {image} {image}
Academy award for Best Visual effects to you my friend !
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