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Cable Update (GBPUSD)

  • #647,521
  • Jan 7, 2022 9:11am Jan 7, 2022 9:11am
Quoting kris89
If we lucky enough we could see a close daily candle near 1.3500 for a good next week mover
I hope so.
  • #647,522
  • Jan 7, 2022 9:12am Jan 7, 2022 9:12am
Quoting RCtrader
{quote} Then go find one. You joined the forum in 2012, but you act as if you've been trading for one year. If there is bearish divergence on the daily chart then that needs time to influence the market. If there was H&S on M15 then you will see it yield today. But if there was H&S on H4 then that could yield tomorrow. Do you understand now?
sorry, I was only surprise you spoke about : "Did anyone notice that there is a bearish divergence on the daily chart?

at 3535, all can come in the future, of course, but it is not important for a day trader
  • #647,523
  • Jan 7, 2022 9:25am Jan 7, 2022 9:25am
Quoting kris89
If we lucky enough we could see a close daily candle near 1.3500 for a good next week mover
Please how do you mean boss?
GREATEST WISDOM AND POSITIVE ENABLEMENT COMES FROM ALMIGHTY GOD
  • #647,524
  • Jan 7, 2022 9:39am Jan 7, 2022 9:39am
Thank you Mr Pat and all the seniors as from your analysis i am able to learn and also grow my account. I am still learning from you soon i will also share my charts so that yo will mark my mistakes and give suggestion. I really love to learn from you seniors. Please continue share your skills so that we will put more effort to learn. Have a great weekend.
  • #647,525
  • Jan 7, 2022 9:44am Jan 7, 2022 9:44am
little bonus trade, quick 4xR
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  • #647,526
  • Jan 7, 2022 9:50am Jan 7, 2022 9:50am
Quoting maxi444
{quote} sorry, I was only surprise you spoke about : "Did anyone notice that there is a bearish divergence on the daily chart? at 3535, all can come in the future, of course, but it is not important for a day trader
It's alright. I am somewhat mixed on gbpusd. NFP day is best traded in the morning than in the afternoon (EE time). But if you were bullish, you definitely got your earnings today.
Risk Management is of utmost importance!
  • #647,527
  • Jan 7, 2022 10:08am Jan 7, 2022 10:08am
i am settling with the weekly r1
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yes yes yes
  • #647,528
  • Jan 7, 2022 10:13am Jan 7, 2022 10:13am
the FED is suddenly awake:
Fed's Daly: Inflation Not As Temporary As We Thought, ‘Because Covid Isn't Either’
DEFINITELY BELIEVE WE NEED TO ADJUST POLICY
Would Prefer To See Gradual Rate Hikes, Move To B/Sheet Reductions Earlier Than Last Cycle
GU lower
  • #647,529
  • Jan 7, 2022 10:36am Jan 7, 2022 10:36am
GBP/USD
SELL
TP:1.3460
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Seek knowledge and adorn it with patience and respect; moreover, be humble
  • #647,530
  • Jan 7, 2022 10:40am Jan 7, 2022 10:40am
Quoting maxi444
the FED is suddenly awake: Fed's Daly: Inflation Not As Temporary As We Thought, ‘Because Covid Isn't Either’ DEFINITELY BELIEVE WE NEED TO ADJUST POLICY Would Prefer To See Gradual Rate Hikes, Move To B/Sheet Reductions Earlier Than Last Cycle GU lower
not yet…. We need a lower movement but likely it won’t be till next week after we hit 136 area
Insane in the Brain..
  • #647,531
  • Jan 7, 2022 10:41am Jan 7, 2022 10:41am
Quoting maxi444
the FED is suddenly awake: Fed's Daly: Inflation Not As Temporary As We Thought, ‘Because Covid Isn't Either’ DEFINITELY BELIEVE WE NEED TO ADJUST POLICY Would Prefer To See Gradual Rate Hikes, Move To B/Sheet Reductions Earlier Than Last Cycle GU lower
Is that FED ?
ok covid is the reason
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #647,532
  • Jan 7, 2022 10:47am Jan 7, 2022 10:47am
all out !!!
all signs saying no more for taday
after a 18 $ loss in the morning , i gained 72 $profit with this long ,
overall profit for today 54 $ and my equity is 362$ from 130$ deposite on Monday
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yes yes yes
  • #647,533
  • Jan 7, 2022 10:51am Jan 7, 2022 10:51am
Quoting Georginson
{quote} Hello mate, The New Decider is 1.3750. Only a break and close above 1.3750 will invalidate 1.2950 in the first quarter of this year 2022. A lot of caution is needed in the first quarter of year 2022 as there is an unfinished level from year 2021 which has been carried over into year 2022. Year 2022 expected range is between 1500 - 1650 pips, so expect lots of Volatility this year. Suggestions for year 2022 Trading: ✓ Avoid impulsive trading; ✓ Avoid over-leverage in the first quarter as various fundamentals will be coming out...
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #647,534
  • Jan 7, 2022 10:53am Jan 7, 2022 10:53am
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Waiting.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #647,535
  • Jan 7, 2022 10:59am Jan 7, 2022 10:59am
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Supply Demand
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #647,536
  • Jan 7, 2022 11:09am Jan 7, 2022 11:09am
Quoting Wavegarrick
{quote} Hi Guys, Close all the above trades with the NFP spike down for a nice profit. Sold just above my daily res 1 at 1.35692 s/loss 35 pips. Edit: I could look to add more towards my weekly res1 at 1.35840. Trade safe, Cheers {image}
Just a quick re-evaluation of my answer to Mysterio yesterday. There are interesting developments which can't be ignored.
Dollar index futures looks like it could go into a down cycle and I would look to add short on retraces.
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With this in mind, I will look to add buy trades on retraces with Eu. This pair looks like it could come out of its month and some slumber.
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EurGbp at interesting levels to buy, Could this mean the decoupling of the Pound vs the Euro. In other words a period of sterling weakness?
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Be very careful Folks. Early January is not an easy time to trade. Don't get caught on the wrong side and if so ensure your stops are in place as it could affect you for the 1st qtr of this year (3 months)
Cheers.
Trade to trade another day
  • #647,537
  • Jan 7, 2022 11:34am Jan 7, 2022 11:34am
Quoting maxi444
{quote} I need an indicator which can show me the way, simply
if my dog says cable then i buy cable, its simple
  • #647,538
  • Jan 7, 2022 11:37am Jan 7, 2022 11:37am
A correction would be nice to see. Monday maybe.
Buying dips to 1.372 - 1.383
Air force
  • #647,539
  • Jan 7, 2022 12:10pm Jan 7, 2022 12:10pm
Quoting W0lfram
A correction would be nice to see. Monday maybe. Buying dips to 1.372 - 1.383
Yes, up up and away! The buy was as clear as daylight.
  • #647,540
  • Jan 7, 2022 12:15pm Jan 7, 2022 12:15pm
the market has defiantly been targeting Robins positions this week ,I see what you mean
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