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Cable Update (GBPUSD)

  • #648,101
  • Jan 12, 2022 9:50am Jan 12, 2022 9:50am
Quoting Wavegarrick
For interest's sake, Usdx currently at my longterm rising trendline and monthly support 1 at 95.189 ish. Cheers. {image}
You will get your cookie soon, 1.369 Institutions level on the top of daily supply zone

Imho only, nothing guaranteed
  • #648,102
  • Jan 12, 2022 9:50am Jan 12, 2022 9:50am
Quoting Georginson
Hello guys, I have sold now at 1.3680 looking for 100 pips fall from whichever high it makes. The momentum is still bullish but some retracement can be chased with good money management. If the price retraces more than 125 pips from the top, then the bears will start their dominance. Cheers, George.
That's where my final sell is as against my 1.37 final sell. Draw downs already with the other sells. However, i will exit the sells in two scenarios if it does not head back to 1.31 area. First scenario is when 1.37 is massively dealt with and scenario 2 is when 1.383 is breached by 25 pips or so
  • #648,103
  • Jan 12, 2022 9:52am Jan 12, 2022 9:52am
Quoting Moty
{quote} You have res also at 1.37 Look to left

Area of value is highly important location where most price get choppy, 1.38 is 90% sure
MY OPINION NOT FINANCIAL ADVISE
  • #648,104
  • Jan 12, 2022 9:53am Jan 12, 2022 9:53am
Quoting Georginson
Hello guys, I have sold now at 1.3680 looking for 100 pips fall from whichever high it makes. The momentum is still bullish but some retracement can be chased with good money management. If the price retraces more than 125 pips from the top, then the bears will start their dominance. Cheers, George.

what is that min and max weekly range on GU?
MY OPINION NOT FINANCIAL ADVISE
  • #648,105
  • Jan 12, 2022 9:55am Jan 12, 2022 9:55am
Drop mf
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yes yes yes
  • #648,106
  • Jan 12, 2022 9:55am Jan 12, 2022 9:55am
Let the fireworks begin for Usd. I think
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  • #648,107
  • Jan 12, 2022 9:58am Jan 12, 2022 9:58am
Quoting donfriday
{quote} what is that min and max weekly range on GU?
Minimum is 130 pips in the last 8 weeks maximum is 355 pips in the last 20 weeks.

163 pips range so far this week, 265 pips range so far this month.... 12 more pips left to attain minimum January Range, while 85 more pips left to attain minimum monthly range in the last 10 months.

Cheers.
Data + Stat + Risk/Emotions Management
  • #648,108
  • Jan 12, 2022 9:58am Jan 12, 2022 9:58am
squared red area of value historically it very crucial 1.38 look promising
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MY OPINION NOT FINANCIAL ADVISE
  • #648,109
  • Jan 12, 2022 10:02am Jan 12, 2022 10:02am
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Looking at the trading landscape.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #648,110
  • Jan 12, 2022 10:04am Jan 12, 2022 10:04am
Quoting Georginson
{quote} Minimum is 130 pips in the last 8 weeks maximum is 355 pips in the last 20 weeks. 163 pips range so far this week, 265 pips range so far this month.... 12 more pips left to attain minimum January Range, while 85 more pips left to attain minimum monthly range in the last 10 months. Cheers.


that mean if u add 85 to the current high then its surely 1.38 90% chance

thank you.
MY OPINION NOT FINANCIAL ADVISE
  • #648,111
  • Jan 12, 2022 10:07am Jan 12, 2022 10:07am
Quoting donfriday
{quote} that mean if u add 85 to the current high then its surely 1.38 90% chance thank you.
85 + 1.3695 = 1.3780.... not sure about 90% chance as daily RSI is already 70 which means some pull back ahead. 20th January will give final clarity.

Quoting TooSlow
{image}{image} Looking at the trading landscape.
Projected 1.3750 almost attained, closure above 1.3750 invalidates 1.29 this first quarter.
Data + Stat + Risk/Emotions Management
  • #648,112
  • Jan 12, 2022 10:22am Jan 12, 2022 10:22am
Quoting Georginson
{quote} 85 + 1.3695 = 1.3780.... not sure about 90% chance as daily RSI is already 70 which means some pull back ahead. 20th January will give final clarity. {quote} Projected 1.3750 almost attained, closure above 1.3750 invalidates 1.29 this first quarter.

what is ur bearish decider mine is 1.3575
MY OPINION NOT FINANCIAL ADVISE
  • #648,113
  • Jan 12, 2022 10:26am Jan 12, 2022 10:26am
Quoting Georginson
{quote} Minimum is 130 pips in the last 8 weeks maximum is 355 pips in the last 20 weeks. 163 pips range so far this week, 265 pips range so far this month.... 12 more pips left to attain minimum January Range, while 85 more pips left to attain minimum monthly range in the last 10 months. Cheers.
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GBPUSD 15 weeks ago, 317 weekly range or 82 percentile of last 100 weeks.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #648,114
  • Jan 12, 2022 10:30am Jan 12, 2022 10:30am
my view


AOV( Area of Value)
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MY OPINION NOT FINANCIAL ADVISE
  • #648,115
  • Jan 12, 2022 10:31am Jan 12, 2022 10:31am
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These may help with analysis. Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #648,116
  • Jan 12, 2022 10:32am Jan 12, 2022 10:32am
Happy Trading guys. Green pips today.
Inserted Video
  • #648,117
  • Jan 12, 2022 10:36am Jan 12, 2022 10:36am
Quoting donfriday
{quote} what is ur bearish decider mine is 1.3575
Bullish invalidation is 220 pips below high price, bullish Neutralization (caution) is 115 pips below the high... Can't call the new decider now has the price is still attacking the high price.
Data + Stat + Risk/Emotions Management
  • #648,118
  • Jan 12, 2022 10:41am Jan 12, 2022 10:41am
Hi Guys,

Which of you guys trade with FXCM? I'm trading on demo account but find these guys useless lately. If you want to complain about something re your trades the usual reply is that they can't check because its a demo account.
I wonder how they work this one out: I sold GJ at 157.515 and exit the trade at 157.117 this is roughly 40p, with a spread rounded at 3p, the result with a traded lot size of 3 should have give you a profit of 37X$30 which is $1110, but I only got $1040!! How the hell does this work??
I never had any problems with them but recently its one slippage after the other, sometimes 6 times in a row.

Is there a better way to trade with MT4 than these.
  • #648,119
  • Jan 12, 2022 10:42am Jan 12, 2022 10:42am
Quoting Robinhood1
{quote}
Tomorrow is small black candle , caution do not add ,...
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #648,120
  • Jan 12, 2022 10:42am Jan 12, 2022 10:42am
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Daily, Weekly, Monthly charts showing unbroken highs and lows. Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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