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Cable Update (GBPUSD)

  • #647,701
  • Jan 9, 2022 1:30pm Jan 9, 2022 1:30pm
Quoting Coreg2004
{quote} Jolita, it's a possible scenario for GJ. I will play GJ to the downside this week if the trade is triggered on the 30M chart (TLB+LH-LL). Here is my chart on the daily time frame. EW+HP combined. {image}
GJ has stretched its wings these last two weeks, when HH was reached on daily and at the speed it trades likely will have to complete and reach 15823. If this level crossed easily, 160 within a touch too.
I wish it dropped, I still hold shorts on this pair, I was waiting for a retracement, before long entry, but missed my train, price didnt come back.
I would like a strong retracement to 48, but dont think will happen as yet, might be wrong as tech. analyst suggest we should retrace, see link below.

JPY is undervalued, but what is happening, sharks are buying even more. Have a look at latest reports published on COT thread Kuroro and members shares, JPY shorts are increasing.

Monthly chart in an uptrend too.

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Also Barchart current trading opinion - 100% BUY!!! I mean 100%

Only way to find out, watch and see. These are the facts. Who is right we will see sooner then later.

Some analysis:
https://www.xm.com/research/analysis...-to-157-152741
  • #647,702
  • Jan 9, 2022 2:10pm Jan 9, 2022 2:10pm
Quoting Bones
{quote} I never mentioned you, but you do come under what I'm highlighting in the original post, hence you responded to a post not address directly to you . If you want to be that guy proving how you trade every move then you need to show it all
You never mentioned me? You put up a screenshot that is showing my thread mate. Let's not curve and play with the words. Let's be direct and clear.

I have proved how i trade didn't i? There's even a thread explaining how i do it. Also i don't try to be "the guy" i just want to share my knowledge and experience for free in a public forum so anyone can use it that's all.

You may not like it, but there is no point in trying to patronise people and force your ideas. Just dislike the post, criticise respectfully and move on.
You have to have an IQ higher than 90 to interact with this user.
  • #647,703
  • Jan 9, 2022 2:28pm Jan 9, 2022 2:28pm
From my view, possibility GJ. target 15360


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POSTMASTER
  • #647,704
  • Jan 9, 2022 2:33pm Jan 9, 2022 2:33pm
Quoting Nordling00
{quote} You never mentioned me? You put up a screenshot that is showing my thread mate. Let's not curve and play with the words. Let's be direct and clear. I have proved how i trade didn't i? There's even a thread explaining how i do it. Also i don't try to be "the guy" i just want to share my knowledge and experience for free in a public forum so anyone can use it that's all. You may not like it, but there is no point in trying to patronise people and force your ideas. Just dislike the post, criticise respectfully and move on.
there it is you quote me first but I'm not talking to you
theres a general problem forex factory ,it makes TE monsters who are actually being far from upfront
in fact they should stop ability to lock info ,its guys like you who claim to be a real trader on the back of it
thats what my post highlights
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #647,705
  • Jan 9, 2022 2:35pm Jan 9, 2022 2:35pm
Quoting Robinhood1
From my view, possibility GJ. target 15360 {image}
Final target 14138
POSTMASTER
  • #647,706
  • Jan 9, 2022 3:02pm Jan 9, 2022 3:02pm
Quoting Bones
{quote} there it is you quote me first but I'm not talking to you theres a general problem forex factory ,it makes TE monsters who are actually being far from upfront in fact they should stop ability to lock info ,its guys like you who claim to be a real trader on the back of it thats what my post highlights {image}
Looking at these highlighted parts, there's a clear contradiction in your post. You are not talking to me, but you are talking about me. It's more manly to talk to me rather than talking about me with other people though. That's a bad attitude, definitely not something a gentleman would do.

Well, I don't claim anything. I just trade with my account, developed my own system with my knowledge of economics and it's been fruitful. I am just here to share it for free so people can use it if they like. I am no warrior. I am an ordinary guy with a scientific approach that's all.

If you don't like it, then don't. No need to rant about me to my friends. No need to try to turn them against me.

I do not like you, but i have never tried to turn people against you. When i have something to say about you, i say it to you. Not to the others. Because i have my manners. That's what men do.

Cheers.
You have to have an IQ higher than 90 to interact with this user.
  • #647,707
  • Jan 9, 2022 3:29pm Jan 9, 2022 3:29pm
Here's my take on GBPUSD, as a medium-term swing trader. GBPUSD market operation is in a bullish mode under a technically bearish environment. GBPUSD price action on the daily time frame is making a bullish retracement to retest the 1.36143/1.36900 daily supply zone (magenta). It is located a few pips below it, and we may see further bullish market engineering, in the early part of this week, which may extend to the nearby 1.37000/1.38400 weekly supply zone (red) before a southward turnaround.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #647,708
  • Jan 9, 2022 3:34pm Jan 9, 2022 3:34pm
Quoting KeenPips
Here's my take on GBPUSD, as a medium-term swing trader. GBPUSD market operation is in a bullish mode under a technically bearish environment. GBPUSD price action on the daily time frame is making a bullish retracement to retest the 1.36143/1.36900 daily supply zone (magenta). It is located a few pips below it, and we may see further bullish market engineering, in the early part of this week, which may extend to the nearby 1.37000/1.38400 weekly supply zone (red) before a southward turnaround. I may be wrong. Trade safe and prosper. KP {image} {image}...
Thanks KP, always a good read
Compulsions can be hard to resist
  • #647,709
  • Jan 9, 2022 4:06pm Jan 9, 2022 4:06pm
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
30 pips spread
Studing..............
  • #647,710
  • Jan 9, 2022 4:10pm Jan 9, 2022 4:10pm
Quoting Rgkc
30 pips spread
That is huge. The gap on my platform is very wide.friday closed price 1.3592, Sunday opening Price 1.3567
GREATEST WISDOM AND POSITIVE ENABLEMENT COMES FROM ALMIGHTY GOD
  • #647,711
  • Jan 9, 2022 4:13pm Jan 9, 2022 4:13pm
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Quoting holaralph78
{quote} That is huge. The gap on my platform is very wide.friday closed price 1.3592, Sunday opening Price 1.3567
Gap closed
Studing..............
  • #647,712
  • Jan 9, 2022 4:16pm Jan 9, 2022 4:16pm
Quoting Rgkc
{quote} Gap closed
The gap is still open
GREATEST WISDOM AND POSITIVE ENABLEMENT COMES FROM ALMIGHTY GOD
  • #647,713
  • Jan 9, 2022 4:29pm Jan 9, 2022 4:29pm
when the spread get usual rate?
  • #647,714
  • Jan 9, 2022 4:39pm Jan 9, 2022 4:39pm
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Quoting Reza78
when the spread get usual rate?
Next hour.
Studing..............
  • #647,715
  • Jan 9, 2022 4:57pm Jan 9, 2022 4:57pm
wowwwwe GJ spread ... up to 44 pips wkwkkwkwkw
not euphoria follower
  • #647,716
  • Jan 9, 2022 4:58pm Jan 9, 2022 4:58pm
Quoting Reza78
when the spread get usual rate?
sometimes 1 - 2 hours after market open depends broker
not euphoria follower
  • #647,717
  • Jan 9, 2022 7:49pm Jan 9, 2022 7:49pm
Quoting Nordling00
{quote} You never mentioned me? You put up a screenshot that is showing my thread mate. Let's not curve and play with the words. Let's be direct and clear. I have proved how i trade didn't i? There's even a thread explaining how i do it. Also i don't try to be "the guy" i just want to share my knowledge and experience for free in a public forum so anyone can use it that's all. You may not like it, but there is no point in trying to patronise people and force your ideas. Just dislike the post, criticise respectfully and move on.
Hi Nordling,

I think what you have shared is valuable and generous of you doing that. I believe in your performance trading actual money as it is impossible to fake an account under a registered broker and able to fool the TE platforms like FF and Myfxbook. Love to see

What I believe some naysayers here is desperate in profiting from trading. The downside of TE on forum, which is not commercially intended as a start, is being too transparent and put the sharer at risk of being copy traded without consensus.

When you see people unable to provide any info of trading performance, and “predicting” the market with both up and down “if”, chances are they trade with their mind No, I mean unskillful traders that lose money. Losers trying to leech your success.

Trade well!

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  • #647,718
  • Jan 9, 2022 7:54pm Jan 9, 2022 7:54pm
GU looks like double top!
  • #647,719
  • Jan 9, 2022 9:26pm Jan 9, 2022 9:26pm
Quoting 277606153
GU looks like double top!
ive sell from that peak , for a while . and see what will it do when near 1.34200 area

ive a best feeling on these week, we will get a 200 pip at least

Below 1.35700 today will have advantage us to take ride to at least 1.34200 area
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #647,720
  • Jan 9, 2022 10:09pm Jan 9, 2022 10:09pm
Quoting kris89
{quote} ive sell from that peak , for a while . and see what will it do when near 1.34200 area ive a best feeling on these week, we will get a 200 pip at least Below 1.35700 today will have advantage us to take ride to at least 1.34200 area
I sell @1.3591 , I hope drop down to 1.3400 this week.
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