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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

My analysis is that price will retrace about 5 more pips than reverse and continue up to test the 1.37 level. Still new to trading and need help with entries and technical analysis. What does everyone think?
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Quoting Nd10
{quote} I would rather edit that a break below 1.357 takes us down to 1.30

most of my quote are round numbers
I NEVER LOSE/=I EITHER WIN OR LEARN
have a good weekend all
will watch for 1.3597, more early signal 1.3644 for gbpusd and 1.1385 limits for eurusd at the market open before next trade open . take care
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Quoting donfriday
{quote} most of my quote are round numbers
Don you seem to know more about round numbers of prices. Kindly explain more if any reasons for that
Quoting Nd10
{quote} Don you seem to know more about round numbers of prices. Kindly explain more if any reasons for that


round number is where the main price action kicks in

example if gu goes 1.30 1.29 it will get kick by strong buyers
if gu goes 1.40 1.41 to 42 it will get hammer by seller


major round numbers are in 500-1000pips distance they get achieved within a quarter base on the minimum or maximum range like George has been doing.

i expect gu to go 1.40 - 1.42 in first quarter

reason i use RN is because i mostly lost where to put my S&R ....
i wish i can write down everything but i just get them stuck in my head
I NEVER LOSE/=I EITHER WIN OR LEARN
the weekly is still closing bullish & monthly no doubt bullish ,
this is a terrible combination for the bears as price can defy logic in those conditions
if your happy that V shape is complete or it needs to go to the end of the pattern ,
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#doyourownanalysisordietryin
the usd / chf will rise next week. and not a little.
h1.
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#doyourownanalysisordietryin
  • Post #648,471
  • Quote
  • Edited Jan 16, 2022 6:30am Jan 15, 2022 10:23am | Edited Jan 16, 2022 6:30am
Inflation isn't going away,
no task force or reserves release can stop it ,even if the Fed complete their schedule its not enough considering the last 7% reading of CPi .
I mean if thats the official number ,you know your in trouble...
You need much more action, the FED couldn't be further out if they tried ,that cash they recklessly printed needs extracting .
Till then oil will not stop ,exacerbating the US and the Worlds inflation problems .
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#doyourownanalysisordietryin
my usdx views : 100.7 to 107 ++ interest intact in higher tf . but in lower tf pa likely break 94.56 limit and tl just tested already , can not confirm if actually broken . anyway broken if , after limit 95.57 play then a breakout possible for next support 93.52 limit / channel bottom also probable to up restart.
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Quoting Georginson
{quote} Hello Leon... my view is Bears Need to have a daily close below 1.3630 between Monday - Tuesday, failure to close below 1.3630 between Monday Tuesday next week will take price to 1.3760 - 1.3790 area. Pay very close attention to 1.3630 next week.
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
Quoting Georginson
I will address you as Tom and wouldn't dare add Jerry.
Just call me TooSlow.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
hello friends have a nice sunday
Quoting Georginson
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...
The Decider created for January being 1.3518 which decided either 1.3270 or 1.3770 has almost attained its destination at 1.3748 current High since price closed above 1.3518.

INTRODUCTION OF JANUARY - FEBRUARY PROJECTIONS
In my previous post I did state that a closure above 1.3790 invalidates 1.3100 in the First Quarter...

Now in a scenario where price closes above 1.3790 this will open path to 1.4200 between January - February 2022 only a close below 1.3528 will invalidate 1.4200.

PAY VERY CLOSE ATTENTION TO 1.3528, FAILURE TO CLOSE BELOW 1.3528 WILL TAKE PRICE TO 1.4200 BETWEEN JANUARY - FEBRUARY 2022.

Trade with utmost caution,
George.
Swing and Intraday
Quoting TooSlow
{quote} Just call me TooSlow.

but you are fast
I NEVER LOSE/=I EITHER WIN OR LEARN
Quoting Georginson
{quote} The Decider created for January being 1.3518 which decided either 1.3270 or 1.3770 has almost attained its destination at 1.3748 current High since price closed above 1.3518. INTRODUCTION OF JANUARY - FEBRUARY PROJECTIONS In my previous post I did state that a closure above 1.3790 invalidates 1.3100 in the First Quarter... Now in a scenario where price closes above 1.3790 this will open path to 1.4200 between January - February 2022 only a close below 1.3528 will invalidate 1.4200. PAY VERY CLOSE ATTENTION TO 1.3528, FAILURE TO CLOSE BELOW...


which of closing?
so others dont get confused
1h/4hrs
daily
weekly
monthly
I NEVER LOSE/=I EITHER WIN OR LEARN
Quoting donfriday
{quote} which of closing? so others dont get confused 1h/4hrs daily weekly monthly
Weekly close is perfect in the scenario for January to February...
Swing and Intraday
Quoting Moty
gatenio , my friend , look at the daily adr , 53 pips drop until now , and we still have 55 mins until the close of the Asian session . never say never uptade as we speak : 57 pips {image}
Any Indicator to identify Asian Session, London Session..
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