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Cable Update (GBPUSD)

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  • Post #648,221
  • Quote
  • Jan 13, 2022 2:21am Jan 13, 2022 2:21am
  •  PatienceFx
  • Joined Jun 2013 | Status: Enjoying Trading | 12,146 Posts
my indicator below helps me decide when price has crossed 200 sma

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so i am only left with one thing to do

trade it

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find the WHY on YOUR CHARTS
 
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  • Post #648,222
  • Quote
  • Jan 13, 2022 2:26am Jan 13, 2022 2:26am
  •  Robinhood1
  • Joined Dec 2011 | Status: Guardian Angel | 7,294 Posts
Quoting Zircon
Disliked
{quote} Tomorrow is small black candle , caution do not add ,...
Ignored
13855
Guardian Angel
Two Clocks All Time Return: -16.3%
 
 
  • Post #648,223
  • Quote
  • Jan 13, 2022 2:33am Jan 13, 2022 2:33am
  •  PatienceFx
  • Joined Jun 2013 | Status: Enjoying Trading | 12,146 Posts
the easiest trade ever
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find the WHY on YOUR CHARTS
 
1
  • Post #648,224
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  • Jan 13, 2022 2:54am Jan 13, 2022 2:54am
  •  kris89
  • Joined Mar 2021 | Status: Crazy Frog | 3,717 Posts
1.38200 near there my patient will pay off
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
 
1
  • Post #648,225
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  • Jan 13, 2022 2:55am Jan 13, 2022 2:55am
  •  deukae
  • Joined Jan 2022 | Status: Member | 412 Posts
Taking incremental shorts, TP ~ figure
 
1
  • Post #648,226
  • Quote
  • Jan 13, 2022 3:07am Jan 13, 2022 3:07am
  •  Chancy
  • | Joined Nov 2021 | Status: Member | 55 Posts
Overbought on daily RSI . Probably remain so for at least a few days . It did last time , in February last year .
 
1
  • Post #648,227
  • Quote
  • Jan 13, 2022 3:11am Jan 13, 2022 3:11am
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 2,550 Posts
Quoting Georginson
Disliked
Simple Modified Recommendation for The Rest of January: ✓Price is Expected to Touch 1.3760 - 1.3790 by or before January 23. ✓Buy from 1.3610 - 1.3660 between 13th January to 23rd January with stop loss @ 1.3518 ✓ Only a break and close below 1.3520 between 18th - 23rd January will invalidate 1.3760 - 1.3790. Price is expected to meet a resistance between 1.3760 - 1.3790, which is expected to crash back to 1.3100 - 1.3080 by or before March 2022. Only a break and close above 1.3790 will invalidate 1.3100 by or before March 2022....
Ignored
UPDATE: There is no need buying from 1.36 area anymore, as Price went up without retracement. Now a big fall is due anywhere from 1.3740 - 1.3790 to reach 1.3100 in weeks ahead. Price trades at 1.3737 as at time of typing. Only a close above 1.3780 will invalidate 1.29 in the first quarter of this year 2022.
Swing and Intraday
 
14
  • Post #648,228
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  • Jan 13, 2022 3:14am Jan 13, 2022 3:14am
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 5,926 Posts
Quoting Georginson
Disliked
{quote} UPDATE: There is no need buying from 1.36 area anymore, as Price went up without retracement. Now a big fall is due anywhere from 1.3740 - 1.3790 to reach 1.3100 in weeks ahead. Price trades at 1.3737 as at time of typing. Only a close above 1.3780 will invalidate 1.29 in the first quarter of this year 2022.
Ignored
Statistics professor! I salute you.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
9
  • Post #648,229
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  • Jan 13, 2022 3:16am Jan 13, 2022 3:16am
  •  genadi
  • Joined Nov 2020 | Status: Member | 1,607 Posts
anyone still hold shorts from 1.32?
 
1
  • Post #648,230
  • Quote
  • Edited at 3:57am Jan 13, 2022 3:28am | Edited at 3:57am
  •  Robinhood1
  • Joined Dec 2011 | Status: Guardian Angel | 7,294 Posts
Quoting Robinhood1
Disliked
{quote} 13855
Ignored
New sequence on the way to learning:

edited

13773, 13240, 13903, 13435, 14092, 13250 and finally 16360

swing aproximate targets
Guardian Angel
Two Clocks All Time Return: -16.3%
 
1
  • Post #648,231
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  • Jan 13, 2022 3:30am Jan 13, 2022 3:30am
  •  Moty
  • Joined Dec 2017 | Status: Member | 18,325 Posts
weekly s3 , hold it mf
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  • Post #648,232
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  • Jan 13, 2022 3:33am Jan 13, 2022 3:33am
  •  W0lfram
  • Joined Dec 2020 | Status: Crossed over into the Twilight Zone | 1,157 Posts
Nothing gonna drop except DX to 94
 
 
  • Post #648,233
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  • Jan 13, 2022 3:36am Jan 13, 2022 3:36am
  •  donfriday
  • Joined Jan 2009 | Status: WHO AM I €&$ ? | 6,643 Posts
Quoting donfriday
Disliked
RSI is overbought at value of 84 there will be down and up to create a bearish divergence toward 1.38 region. i wil be looking for sell near 1.38 or 1.40
Ignored


1hr have created the bearish divergence as expected ...

will be looking for new buy at retest of 1.36 for target 1.40 in 1-2 week to come
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  • Post #648,234
  • Quote
  • Jan 13, 2022 3:36am Jan 13, 2022 3:36am
  •  Kwt4x
  • Joined Apr 2015 | Status: Member | 232 Posts
trend don't change without low range sideway, GU is on Steroids

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trade safe
 
 
  • Post #648,235
  • Quote
  • Jan 13, 2022 3:37am Jan 13, 2022 3:37am
  •  Konichiwhaat
  • Joined Dec 2019 | Status: Member | 398 Posts
maybe time for a momentum rollover?
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TIME is the most valuable commodity
 
1
  • Post #648,236
  • Quote
  • Jan 13, 2022 3:45am Jan 13, 2022 3:45am
  •  soulreader
  • Joined Jun 2020 | Status: Member | 43 Posts
Quoting soulreader
Disliked
{quote} {image}
Ignored
Could be or could not be, Good Luck
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  • Post #648,237
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  • Jan 13, 2022 3:49am Jan 13, 2022 3:49am
  •  kris89
  • Joined Mar 2021 | Status: Crazy Frog | 3,717 Posts
Quoting Georginson
Disliked
{quote} UPDATE: There is no need buying from 1.36 area anymore, as Price went up without retracement. Now a big fall is due anywhere from 1.3740 - 1.3790 to reach 1.3100 in weeks ahead. Price trades at 1.3737 as at time of typing. Only a close above 1.3780 will invalidate 1.29 in the first quarter of this year 2022.
Ignored
IMO 1.3790 cannot be avoid to being hitted , depend on the price hit and run or hit and ranging there , ill awaiting the best momentum tommorow if price manage to get there first , and make a good week next
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
 
1
  • Post #648,238
  • Quote
  • Jan 13, 2022 3:55am Jan 13, 2022 3:55am
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 2,550 Posts
Quoting Georginson
Disliked
{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...
Ignored
This Explains this current situation. A daily close above 1.3518 brings us to 1.3780 area... Minimum range expected in January is 350 pips, now 317 pips done so far. Read this quote to refresh the scenarios.

Below is cropped from January 9, 2022.
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Swing and Intraday
 
8
  • Post #648,239
  • Quote
  • Jan 13, 2022 4:03am Jan 13, 2022 4:03am
  •  Robinhood1
  • Joined Dec 2011 | Status: Guardian Angel | 7,294 Posts
Quoting Zircon
Disliked
{quote} Tomorrow is small black candle , caution do not add ,...
Ignored
sorry 13770/80
Guardian Angel
Two Clocks All Time Return: -16.3%
 
 
  • Post #648,240
  • Quote
  • Jan 13, 2022 4:04am Jan 13, 2022 4:04am
  •  Moty
  • Joined Dec 2017 | Status: Member | 18,325 Posts
Quoting donfriday
Disliked
{quote} 1hr have created the bearish divergence as expected ... will be looking for new buy at retest of 1.36 for target 1.40 in 1-2 week to come {image}
Ignored
Spotted on my friend
Last time that was a bearish diversion at the 80 's zone , it dropped 60 pips from the top
1.36866 in the horizon
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