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Cable Update (GBPUSD)

  • #647,621
  • Jan 8, 2022 6:01pm Jan 8, 2022 6:01pm
Quoting Nordling00
{quote} I am alright mate. It's half past 2 a.m here but i can't sleep. I am reading a book while taking a look at the forum from time to time. I hope you are doing well
similar, I am well hope you too
POSTMASTER
  • #647,622
  • Jan 8, 2022 6:15pm Jan 8, 2022 6:15pm
Quoting Wavegarrick
{quote} Don't worry Jollita my post earned me 2 dislikes just before yours (1 dislike). As long as you get more likes than dislikes it is fulfilling. The thing is that some traders don't appreciate how much time and effort we put in to help them until we are not around anymore. Cheers.
No worries Garrick, just not a nice feeling thats all.
I would never give a dislike to anyone, but there are other mean people who doesnt give a sh..
I asked the quesnion who has a problem with my post, so we can ignore each other as I dont tolerate unrespectful people.
FF disabled dislike button on mobile phones, but should really
allow to see members name who has disliked. Another thing is only members allow to like or dislike.
At the time of my posting only a few members were online. I have an idea who it was.

Thanks for your support.

To the person who disliked my post:
Please DM me and we can sort things out.
  • #647,623
  • Jan 8, 2022 6:18pm Jan 8, 2022 6:18pm
Quoting Robinhood1
{quote} Hi. Sure, price will end up going the way it has to, up or down. I donīt see it going much higher according to my strategy. As a trader, you have to go one way, cannot position yourself both, at least with my mindset. If you scalp, both ways and one after the other several times per day. I am already positioned aiming to be a swing trader and so i avoid SL positions. I trade very small capital under the conviction that markets can be predictable 100%. That "small" can one day turn big. If i did not think this way, would have given up long...
A logical mindset and sensible approach you have got mate. Keep up the good work you are doing. All the best to all of us.
Data + Stat + Risk/Emotions Management
  • #647,624
  • Jan 8, 2022 6:28pm Jan 8, 2022 6:28pm
Quoting Robinhood1
{quote} square root 11186 +1,2 square = 11441 target
I have been looking at Ganns square of 9 this weekend.
There is lots of info on it.

Fascinating maths behind it, exhibiting aspects and patterns of numbers.
There seemed to be a simplified approach, and other more complex ones.

I watched a video on using Gannzilla, but it did my head in.
I'm not wanting to be critical of things I don't understand, as that is the lowest form of response in my view.

I think if you can use it and profit from it, then each to their own.

Out of interest, I'll have a look at the more simplified version using a daily close.
Any pairs it works best on?

I like GU when I don't lose focus on what I'm doing.
Compulsions can be hard to resist
  • #647,625
  • Jan 8, 2022 6:41pm Jan 8, 2022 6:41pm
Quoting Headland
{quote} Mate, you haven't arrived till you get a dislike lol! Don't take it personally, it will likely be some spotty no-mark sat in his bedroom at his parent's house that has done nothing/seen nothing/achieved nothing, and probably never will, let alone posting anything of use/interest here. If it isn't they would come out of the shadows and offer a reasoned and friendly honest argument as to why they disliked the post, but I suspect that this might be beyond them.
Headland, thank you for your support. Thanks for sharing your professional updates, they are really good. I wish you well.

We all have an opinion, a view, perhaps we like to communicate after trading all day, share similar or different ideas, say what is on our mind. Everyone is welcommed to do so. Why dislike? It's unrespectful, puts that person down big time, well it did me.
Person starts to doubt the purpose of posting, purpose of sharing or even feel discriminated, etc..

Just not a nice feeling at all.
I guess we have to be cool and blank this out, but then, why, we are people, we all have emotions.

To Disliker:
Come forward, say what wanna say, clear the water, rather then hide in the bushes, as no one can see you and rectify who you are!
  • #647,626
  • Jan 8, 2022 6:52pm Jan 8, 2022 6:52pm
Quoting Nordling00
{quote} That's right my friend. That's why they don't make it mandatory, so pretenders can keep posting and keep the forum alive.

Hi Nordling,

Traders should not need to prove their accounts, if they wish, great, good to see and have an idea, if one preferres not too, thats also ok too.

Personally no difference demo or real, both need skill to keep up with. I could not imagine a trader trading big capital sharing their real trades Demo is good enough, but then, they might have no time for such trading.

So no forcement, its an open forum.
  • #647,627
  • Jan 8, 2022 7:07pm Jan 8, 2022 7:07pm
Quoting tauhidur
{quote} Hello sir, How are you? if you don't mind I hope you give me a clear massage. The last 6th January you wrote that if a daily close below 1.3475 opens the door for the target of 1.3175, if a daily close above 1.3620 opens the door for 1.3775 in the days ahead. But we saw that day close to 1.3530. My question is do you think that close above1.3620 or below 1.3475 depend will be any day for 37or 31. My second question is, many other people think if the candle can start its downward journey from its current position but what do you think? Or...
Hello Mate, I'm sincerely sorry for not answering your previous question, it is not deliberate. Now to answer these questions of yours: -

January trading is the most unpredictable in any given time frame of the year, I will back this up by giving you January Ranges from 2011 - 2021 outlined below:

January 2021 = 308 pips
January 2020 = 277 pips
January 2019 = 810 pips
January 2018 = 887 pips
January 2017 = 687 pips
January 2016 = 735 pips
January 2015 = 595 pips
January 2014 = 359 pips
January 2013 = 664 pips
January 2012 = 560 pips
January 2011 = 652 pips

Minimum Range: 277 pips
Average Range: 560 pips
Maximum Range: 887 pips

From the above Ranges, you can sight so much inconsistencies in January ranges, while the last two January ranges (Year 2020 and 2021) have produced the lowest of these ranges which doesn't guarantee that year 2022 January will have big or small range.

Also noteworthy that Year 2018 and Year 2022 have Identical Opening Prices

Year 2018 January
Open = 1.3521
High = 1.4344
Low = 1.3457
Range = 887 pips

Year 2022 January*
Open = 1.3523
High = 1.3598*
Low = 1.3430*
Range = 168 pips (Not Concluded) still developing.

Minimum of 350 pips is expected this January (Going by last 10 months Ranges). Which means additional 182 pips is expected to break either the high of 1.3598 or low of 1.3430.

Nearest resistance at 1.3607 and 1.3834
Nearest Support at 1.3430 and 1.3160.

Possible Scenarios integrating closest resistance/support with 350 expected pips Range.

1.3607 minus 350 pips = 1.3257
1.3430 plus 350 pips = 1.3780

From the above, a daily close above 1.3518 points at 1.3780, a daily close below 1.3518 points at 1.3257. NOTE: These Scenarios will become more Accurate from 15th to 22nd of January.

In Summary, pay attention to the above Scenarios for January Only. I can't give a definite call in the First month of the year due to erratic price movements.

I hope this is useful to an extent.

Best regards,
George.
Data + Stat + Risk/Emotions Management
  • #647,628
  • Jan 8, 2022 7:18pm Jan 8, 2022 7:18pm
Quoting trumps
{quote} I have been looking at Ganns square of 9 this weekend. There is lots of info on it. Fascinating maths behind it, exhibiting aspects and patterns of numbers. There seemed to be a simplified approach, and other more complex ones. I watched a video on using Gannzilla, but it did my head in. I'm not wanting to be critical of things I don't understand, as that is the lowest form of response in my view. I think if you can use it and profit from it, then each to their own. Out of interest, I'll have a look at the more simplified version using a...
Hi, any pair will do for me as long as i find the specific pattern in order to start a squaring formula
POSTMASTER
  • #647,629
  • Jan 8, 2022 7:26pm Jan 8, 2022 7:26pm
Quoting Jolita
{quote} Hi Nordling, Traders should not need to prove their accounts, if they wish, great, good to see and have an idea, if one preferres not too, thats also ok too. Personally no difference demo or real, both need skill to keep up with. I could not imagine a trader trading big capital sharing their real trades Demo is good enough, but then, they might have no time for such trading. So no forcement, its an open forum.
Even though I totally agree with your words, some people test the limits. They pretend to be winners, they try to teach people "lessons" without knowing anything. They try to patronise. They abuse this whole being "anonymous" thing.
You have to have an IQ higher than 90 to interact with this user.
  • #647,630
  • Jan 8, 2022 7:52pm Jan 8, 2022 7:52pm
Quoting PatienceFx
{quote} {image}
I was just saying.. lol
  • #647,631
  • Jan 8, 2022 11:25pm Jan 8, 2022 11:25pm
Any serious traders living in Geelong, VIC?
  • #647,632
  • Jan 9, 2022 12:11am Jan 9, 2022 12:11am
Quoting trumps
{quote} I have been looking at Ganns square of 9 this weekend. There is lots of info on it. Fascinating maths behind it, exhibiting aspects and patterns of numbers. There seemed to be a simplified approach, and other more complex ones. I watched a video on using Gannzilla, but it did my head in. I'm not wanting to be critical of things I don't understand, as that is the lowest form of response in my view. I think if you can use it and profit from it, then each to their own. Out of interest, I'll have a look at the more simplified version using a...
try the basics of SQ9 without complicating things first.

yellow = start and end of current cycle for GU = 4800 pips
green = major 1/8's = 600 pips
red = 50% of major 1/8's
1/8's inside Major 1/8's = 75 pips

Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter 3350.png Size: 74 KB


SQ9 current cycle levels on chart

Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter 3352.png Size: 48 KB


if you do not use fib %'s in fib tool, download this template with GANN %'s

Attached File(s)
File Type: tpl SQ9GU.tpl   5 KB | 367 downloads


ps: to square price&time, use SMA's or BB's to match major 1/8's range and divide by 2 (TF's does not matter, price levels are fixed and so should time).

Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter 3353.png Size: 83 KB


cheers,
"the public is not yet ready for it" W.D. GANN
  • #647,633
  • Jan 9, 2022 12:55am Jan 9, 2022 12:55am
same as before , no way correct without failure , so up as far possible , 3583 limit down to up above 3600. 3683 likely very tough to test & even break next . so correction before the level possible !take care , fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 37 KB
Click to Enlarge Name: GBPUSDM15.png Size: 41 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #647,634
  • Jan 9, 2022 1:29am Jan 9, 2022 1:29am
Quoting Kwt4x
{quote} try the basics of SQ9 without complicating things first. yellow = start and end of current cycle for GU = 4800 pips green = major 1/8's = 600 pips red = 50% of major 1/8's 1/8's inside Major 1/8's = 75 pips {image} SQ9 current cycle levels on chart {image} if you do not use fib %'s in fib tool, download this template with GANN %'s {file} ps: to square price&time, use SMA's or BB's to match major 1/8's range and divide by 2 (TF's does not matter, price levels are fixed and so should time). {image} cheers,
Hi Kwt4x, thx very much for this. I'll try setting it up.
I do use fib %'s, I find them very useful.

Thx very much again, much appreciated.

Have a great rest of the weekend
Compulsions can be hard to resist
  • #647,635
  • Jan 9, 2022 2:31am Jan 9, 2022 2:31am
Quoting trumps
{quote} Hi Kwt4x, thx very much for this. I'll try setting it up. I do use fib %'s, I find them very useful. Thx very much again, much appreciated. Have a great rest of the weekend
yw and good luck
"the public is not yet ready for it" W.D. GANN
  • #647,636
  • Jan 9, 2022 2:47am Jan 9, 2022 2:47am
Quoting Georginson
{quote} Hello Mate, I'm sincerely sorry for not answering your previous question, it is not deliberate. Now to answer these questions of yours: - January trading is the most unpredictable in any given time frame of the year, I will back this up by giving you January Ranges from 2011 - 2021 outlined below: January 2021 = 308 pips January 2020 = 277 pips January 2019 = 810 pips January 2018 = 887 pips January 2017 = 687 pips January 2016 = 735 pips January 2015 = 595 pips January 2014 = 359 pips January 2013 = 664 pips January 2012 = 560 pips January...
Good day all

13257 brought my atention. I have around 13260 as the next target so my TP lies at 13275 to be safe. Invigorating
POSTMASTER
  • #647,637
  • Jan 9, 2022 3:01am Jan 9, 2022 3:01am
The first 6 days of january can determine the final yearīs trend of any instrument and if we take this into account, cable has been up so possibilty to end the year higher is there. If 12900 works out to be the lowest then i might be able to see where the final price may reach on the upside.
POSTMASTER
  • #647,638
  • Jan 9, 2022 3:05am Jan 9, 2022 3:05am
Quoting Robinhood1
{quote} In my opinion, proving real performance, live trades or past calls in a high % accuracy gives you the credibilty to guide others

for me the important lesson is to have conviction in trading..however u trade. IF u have to feel u need a guide I doubt longer-term u will keep your capital. So I guess one needs to learn how to trade. For me to take trading seriously means I need to remove the noise and sometimes a time out of forum, keep the head focused

Everyone sees short including me which I find a concern
  • #647,639
  • Jan 9, 2022 3:10am Jan 9, 2022 3:10am
Quoting nAVIN2007
{quote} for me the important lesson is to have conviction in trading..however u trade. IF u have to feel u need a guide I doubt longer-term u will keep your capital. So I guess one needs to learn how to trade. For me to take trading seriously means I need to remove the noise and sometimes a time out of forum, keep the head focused Everyone sees short including me which I find a concern
A good option too
POSTMASTER
  • #647,640
  • Jan 9, 2022 3:19am Jan 9, 2022 3:19am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20220109-152751_MetaTrader 4.jpg Size: 360 KB
not euphoria follower
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