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Cable Update (GBPUSD)

  • #647,941
  • Jan 11, 2022 6:11am Jan 11, 2022 6:11am
Quoting Bakker
Be ready to see a huge fall in USD/CHF in very near term, maybe this day. Reason? Two red hangman dojis in H4 formation after a good run?? And completed 5 waves up done??
Alternatively, that latest H4 doji was a retest after breaking the resistance at 92.5 (~38.2% retrace) and it's going higher? Though I can't comment on wave count, I'm useless at that.
  • #647,942
  • Jan 11, 2022 6:15am Jan 11, 2022 6:15am
Quoting Bakker
{quote} Has touched 1.3581 and turning north. Don't know for how long.
The pair plateaued after hitting 13620 and start a slow decent. Unless we see 13550 being broken I can’t see the bears anywhere
Insane in the Brain..
  • #647,943
  • Jan 11, 2022 6:17am Jan 11, 2022 6:17am
Quoting BeeTogether
{quote} The pair plateaued after hitting 13620 and start a slow decent. Unless we see 13550 being broken I can’t see the bears anywhere
Matter of time for the retrace down....
COT: The precious data ignored
  • #647,944
  • Jan 11, 2022 6:18am Jan 11, 2022 6:18am
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yes yes yes
  • #647,945
  • Jan 11, 2022 6:20am Jan 11, 2022 6:20am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Quoting Moty
{image}
I dont know Moty
Studing..............
  • #647,946
  • Jan 11, 2022 6:20am Jan 11, 2022 6:20am
Quoting Bakker
Be ready to see a huge fall in USD/CHF in very near term, maybe this day. Reason? Two red hangman dojis in H4 formation after a good run?? And completed 5 waves up done??
UMMMM dude, not sure how well you know E.W theory but its 100% not at its 5th wave up. Closer to 3rd wave complete, and 4th wave normally has a lot of consolidation, wedges, and normally more then a 3 point correction in the sense a,b,c,d,e,f then there will be the final 5th wave higher. Remember 3rd wave is always the biggest of waves and sometimes people think wave 3 is 2 waves combined
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #647,947
  • Jan 11, 2022 6:23am Jan 11, 2022 6:23am
Quoting Moty
{image}
im not sure what your method is here.... or why you enter where you do. Been able to watch you for about a year here maybe more. Man please for your sake and your mental health long term in trading change the way you trade. Should never have a negative rr
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #647,948
  • Jan 11, 2022 6:24am Jan 11, 2022 6:24am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Quoting mastersplint
{quote} UMMMM dude, not sure how well you know E.W theory but its 100% not at its 5th wave up. Closer to 3rd wave complete, and 4th wave normally has a lot of consolidation, wedges, and normally more then a 3 point correction in the sense a,b,c,d,e,f then there will be the final 5th wave higher. Remember 3rd wave is always the biggest of waves and sometimes people think wave 3 is 2 waves combined
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Studing..............
  • #647,949
  • Jan 11, 2022 6:26am Jan 11, 2022 6:26am
Quoting kuroro001
{quote} Matter of time for the retrace down....
we had a what looked like a very good retrace yesterday but bounced back very quickly. The drop to the areas of 134 are not looking to favourable right now.
Insane in the Brain..
  • #647,950
  • Jan 11, 2022 6:27am Jan 11, 2022 6:27am
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yes yes yes
  • #647,951
  • Jan 11, 2022 6:37am Jan 11, 2022 6:37am
Quoting Rgkc
{quote} {image}
not a clue what youre trying to send here.
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #647,952
  • Jan 11, 2022 6:40am Jan 11, 2022 6:40am
Quoting BeeTogether
{quote} we had a what looked like a very good retrace yesterday but bounced back very quickly. The drop to the areas of 134 are not looking to favourable right now.
Setup looks diferent today, but i may be wrong
COT: The precious data ignored
  • #647,953
  • Jan 11, 2022 6:52am Jan 11, 2022 6:52am
Quoting mastersplint
{quote} UMMMM dude, not sure how well you know E.W theory but its 100% not at its 5th wave up. Closer to 3rd wave complete, and 4th wave normally has a lot of consolidation, wedges, and normally more then a 3 point correction in the sense a,b,c,d,e,f then there will be the final 5th wave higher. Remember 3rd wave is always the biggest of waves and sometimes people think wave 3 is 2 waves combined
The biggest error wave analysts make is to get into the detail; as long as you can identify 1,2,3,4,5 and ignore the noise, you're ok.
  • #647,954
  • Jan 11, 2022 6:56am Jan 11, 2022 6:56am
Quoting Bakker
{quote} The biggest error wave analysts make is to get into the detail; as long as you can identify 1,2,3,4,5 and ignore the noise, you're ok.
not when combined with PA, E.W is just a guideline based around PA/technical to determine possible, entry/exit and target areas
Time will be the only factor to see what happens and adjust
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #647,955
  • Jan 11, 2022 7:09am Jan 11, 2022 7:09am
Quoting pipibrasci
{quote} D1 GBPUSD/USDGBP OUTLOOK (short/medium term range) Levels to watch (LONGS) - 1.3560 - 1.3577 - 1.3580 - 1.3618 (SHORTS) - 1.3495 - 1.3457 - 1.3420 HAPPY NEW YEAR FOLKS!! {image} {image}
Today's high - 1.3619
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Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #647,956
  • Jan 11, 2022 7:10am Jan 11, 2022 7:10am
Yoo Yoo...Big money today. I hope everyone is correct on their bias. Green pips today
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  • #647,957
  • Jan 11, 2022 7:13am Jan 11, 2022 7:13am
Fed Powell speaks at 3pm UK time it’s down as a red sticker event not sure if we will see any major moves
Insane in the Brain..
  • #647,958
  • Jan 11, 2022 7:40am Jan 11, 2022 7:40am
sell - 1.3572
Together we can be strongest
Vantage Return This Month: na
  • #647,959
  • Jan 11, 2022 7:46am Jan 11, 2022 7:46am
For me tonight below 1.3570 is 1.3550 then 1.350 then 1.342 to 1.335
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #647,960
  • Jan 11, 2022 8:03am Jan 11, 2022 8:03am
Quoting navk
selling above 3610 is preferred in London open
Some buying in Asia and then good selling in London gave me very good profit today too.
Intraday only.
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