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Cable Update (GBPUSD)

  • #647,461
  • Jan 7, 2022 4:22am Jan 7, 2022 4:22am

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POSTMASTER
  • #647,462
  • Jan 7, 2022 4:29am Jan 7, 2022 4:29am
how generous, we had another oportunity
POSTMASTER
  • #647,463
  • Edited 5:01am Jan 7, 2022 4:30am | Edited 5:01am
Quoting mysterio
I dont trade chart patterns but I see yesterday we spiked up to the exact point of completion of a QM pattern on H1 If yesterdays high taken then can dismiss it as an unreliable BS pattern Anyone trade these or are in this trade? I've done nothing today just waiting for NFP
Where is it? Very poor pattern recognition ability I have lol
Air force
  • #647,464
  • Jan 7, 2022 4:34am Jan 7, 2022 4:34am
Quoting donfriday
{quote} sir pls why are u hidden demo account number? dont you know u can create gazillion demo account without restriction
lelee PTMO, na PTMO ịkwesịrị iji ezigbo ID gị nweta akaụntụ ego.
  • #647,465
  • Jan 7, 2022 4:39am Jan 7, 2022 4:39am
Quoting erap
{quote} lelee PTMO, na PTMO ịkwesịrị iji ezigbo ID gị nweta akaụntụ ego.

putuputu patapata petepete..
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MY OPINION NOT FINANCIAL ADVISE
  • #647,466
  • Jan 7, 2022 4:40am Jan 7, 2022 4:40am
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yes yes yes
  • #647,467
  • Edited 4:57am Jan 7, 2022 4:44am | Edited 4:57am
... 61.8% fib strikes again in that prev 1hr/minor 4hr sw hi x 2 zone = prev res = pot res...2 tests of that now. Nice 1min, 3min, 15min and 30min regular bearish div there .

EDIT: Maybe price will stay inbetween these 2 x 61.8% fibs until the end of time, or NFP, whichever is the sooner?

1hr below.
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Trader with an Edge.
  • #647,468
  • Jan 7, 2022 5:11am Jan 7, 2022 5:11am
great progress nothing happened

remember: till market decides finally it can take some days
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  • #647,469
  • Jan 7, 2022 5:23am Jan 7, 2022 5:23am
... NFP is coming up in a couple of hours...are you ready to play the NFP Dumb Money Gameshow ?

Market ready?
Contestants ready?
3,2,1.............................
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Trader with an Edge.
  • #647,470
  • Jan 7, 2022 5:25am Jan 7, 2022 5:25am
Hello guys, I'm new here. NFP is just two hours away, the forecast seems to be a bit high which may likely come lesser than the forecast, if this happens, that can be more bearish dollar which may take the price above 1.3600. I stay back and watch keenly.

Best Regards,
Wolex.
  • #647,471
  • Jan 7, 2022 5:37am Jan 7, 2022 5:37am
GBP/USD H4 Observations

I won't be surprised to see a "Spike Up" during NFP to pick up any remaining Liquidity wait and see....
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  • #647,472
  • Jan 7, 2022 5:38am Jan 7, 2022 5:38am
Quoting Headland
... NFP is coming up in a couple of hours...are you ready to play the NFP Dumb Money Gameshow ? Market ready? Contestants ready? 3,2,1............................. {image}
it could be a total non mover which for a Friday would be a shocker lol. Although spike ups are being sent back down and vice versa. Not sure how this will pan out later today maybe a rise before drop or drop before a big spike up
Insane in the Brain..
  • #647,473
  • Jan 7, 2022 5:39am Jan 7, 2022 5:39am
fluke trade
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  • #647,474
  • Jan 7, 2022 5:39am Jan 7, 2022 5:39am
Quoting BeeTogether
{quote} it could be a total non mover which for a Friday would be a shocker lol. Although spike ups are being sent back down and vice versa. Not sure how this will pan out later today maybe a rise before drop or drop before a big spike up
As you intimate, anything, or nothing can happen. Time will tell.
Trader with an Edge.
  • #647,475
  • Jan 7, 2022 5:48am Jan 7, 2022 5:48am
Did anyone notice that there is a bearish divergence on the daily chart?


GBPUSD Reached Resistance
Risk Management is of utmost importance!
  • #647,476
  • Jan 7, 2022 5:54am Jan 7, 2022 5:54am
Trading NFP?

Do you have courage?

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  • #647,477
  • Jan 7, 2022 5:55am Jan 7, 2022 5:55am
Quoting RCtrader
Did anyone notice that there is a bearish divergence on the daily chart? GBPUSD Reached Resistance
and it is so strong that any buy trade is instantly profitable
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  • #647,478
  • Jan 7, 2022 6:23am Jan 7, 2022 6:23am
Quoting RCtrader
Did anyone notice that there is a bearish divergence on the daily chart? GBPUSD Reached Resistance

... depends on the oscillator (s) / settings used. I have no regular or hidden bearish div on dly @ the 3599 hi. I do however have a repeating pattern of regular bearish div on 4hr at the same hi.
Trader with an Edge.
  • #647,479
  • Jan 7, 2022 6:31am Jan 7, 2022 6:31am
There is scenario i anticipate 1 hour before NFP price will take the LQ before release and down
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #647,480
  • Jan 7, 2022 6:34am Jan 7, 2022 6:34am
If you enjoy GBPJPY, you'll know what to do

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COT: The precious data ignored
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