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Cable Update (GBPUSD)

  • #648,881
  • Jan 20, 2022 3:45am Jan 20, 2022 3:45am
Quoting Georginson
{quote} Hello Robin... I thought you were heavily bearish some days back, why now bullish biased to 1.39 - 1.42 area. Please note that this is not an attack on you, I only want to know the rationale behind it. Cheers.
Hi. I stated i was both sides. Had to close my cable positions alltogether and yesterday went long13624. I have also stated i am on a learning Gann process and this weekend was enlightening at the lab.

Still need to check one more thing, waiting to see...
POSTMASTER
  • #648,882
  • Jan 20, 2022 4:25am Jan 20, 2022 4:25am
Quoting q_import
{quote} Do not live in fear live you life when its your time it is your time but live your life. Let it be what it is going to be. Less than 1 micron no one had a chance the fear destroyed lives and more.. Do not be a victim to something you are unable to ever control.
Well said! Certainly not to fear any if directly corona imposed to one by any force!! Did you suffered yet? Me suffered badly, admitted hospital for 1 month, weight lost 25kg, most of my muscles lost, had to move out of the door in wheel chair for 2months after discharge and to learn fresh how to breath, how to stay satble , even how to pass the urine too!! And about long howler! No system can be safe, specially for me retinal vein thromboembolism, white fungus infection my larynx /sinuses, lips with any time bleeding lips and cheilosis, recurrent larynxitis with arnold nerve cough reflexes, over 60% both lungs fibrosis may lifelong hold possible!
So certain one to take this virus not within any body's control ever! So uncertain the consequences!! Now no option left for any without kissing this virus!
Ultimately people love getting infection rather repeated Booster, vaccination can be uncertain than corona ultimately too, so boosters be gone except yearly like flu!
Take care.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #648,883
  • Jan 20, 2022 4:30am Jan 20, 2022 4:30am
Quoting fontu
{quote} Well said! Certainly not to fear any if directly corona imposed to one by any force!! Did you suffered yet? Me suffered badly, admitted hospital for 1 month, weight lost 25kg, most of my muscles lost, had to move out of the door in wheel chair for 2months after discharge and to learn fresh how to breath, how to stay satble , even how to pass the urine too!! And about long howler! No system can be safe, specially for me retinal vein thromboembolism, white fungus infection my larynx /sinuses, lips with any time bleeding lips and cheilosis,...
Its less than 1 micron unless you live in a bubble.

Inserted Video
  • #648,884
  • Jan 20, 2022 5:15am Jan 20, 2022 5:15am
Quoting Learner-xx
They induced people to go high yesterday. Today again they did. We wait for one last stop hunt then we go south. {image}
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Executing trades with precision!!
  • #648,885
  • Jan 20, 2022 5:32am Jan 20, 2022 5:32am
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yes yes yes
  • #648,886
  • Jan 20, 2022 5:50am Jan 20, 2022 5:50am
Quoting Moty
{image}
They want to break down that line.
  • #648,887
  • Jan 20, 2022 5:53am Jan 20, 2022 5:53am
Quoting mysterio
{quote} Think there will be some accumulation/ranging between the high and low set today Looking for a buy lower down at LO If I can get the buy just right it will be 3 pip SL and 50 pip target, will try to get an entry up Asia range will dictate the entry either it will be below yesterday's EQL or h1 demand area
getting ready to buy soon, bit lower than current price
  • #648,888
  • Jan 20, 2022 5:56am Jan 20, 2022 5:56am
Quoting Robinhood1
{quote} Hi. I stated i was both sides. Had to close my cable positions alltogether and yesterday went long13624. I have also stated i am on a learning Gann process and this weekend was enlightening at the lab. Still need to check one more thing, waiting to see...
Hi Robinhood1,

here is what I know, hope it helps.

no formula needed if using SQ9, the levels are fixed in current cycle.

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to use a formula, GANN start from extreme high/low and +/- %'s

1/8 for GU is 1.125% , so the full cycle is 10%
extreme low was 1.14083 last march
1.14083 + 10% = 1.25491 first cycle
full cycle = 1140.8 pips
1/8 = 142.6 pips

price made 2.5 cycle to last high in June

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for envelope levels (5%), use yearly average on daily TF = 260

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all 3 methods are fixed, you just apply them once.
tools should have GANN %'s (envelope/fib)

cheers,
"the public is not yet ready for it" W.D. GANN
  • #648,889
  • Jan 20, 2022 6:25am Jan 20, 2022 6:25am
Quoting Moty
{image}

now can we see 1.3528
  • #648,890
  • Jan 20, 2022 6:29am Jan 20, 2022 6:29am
alright stuck in my first trade, stop now set to BE, 3 pip initial stop, TP open for now.

Will watch PA in the h1 demand area if it drops more

my trading's been crappy this month so don't pay any attention to this lol
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  • #648,891
  • Jan 20, 2022 6:35am Jan 20, 2022 6:35am
Quoting Kwt4x
{quote} Hi Robinhood1, here is what I know, hope it helps. no formula needed if using SQ9, the levels are fixed in current cycle. {image} {image} to use a formula, GANN start from extreme high/low and +/- %'s 1/8 for GU is 1.125% , so the full cycle is 10% extreme low was 1.14083 last march 1.14083 + 10% = 1.25491 first cycle full cycle = 1140.8 pips 1/8 = 142.6 pips price made 2.5 cycle to last high in June {image} for envelope levels (5%), use yearly average on daily TF = 260 {image} all 3 methods are fixed, you just apply them once. tools should...
Thanks Kwt4x for your help. Systems can be the same but methods within that system can vary for each individualīs mindset. I just use the ordinary calculator, no need the wheel or angles anymore. Now i need time to confirm reversals basically. The squaring of audjpy is perfect just to mention one. Its topping at resistences and pulling back to support almost to the pip at each level 1 x 1 i could call it. I need to see why cable did not reverse at 13511 and later on reversed at 13749 which is its next level as it did, maybe will have to call it 2 x 1. Is this because 13749 is the swing reversal? i do not think so and thus need time. I am really impressed and shocked how well it works to the pip when it does, I will decode this for sure, thanks again.
POSTMASTER
  • #648,892
  • Jan 20, 2022 6:45am Jan 20, 2022 6:45am
Quoting Wavegarrick
{quote} Hi Guys, It is quite clear that price has been contracting since Wednesday the 19th of January forming a daily lower high at 1.36480 and a higher low at 1.35882. If we wait patiently for a break of either we could possibly catch a ride with the big boyz. Have a great day. Cheers.
I got myself into a tight spot yesterday and sometimes you need a bit of luck. All trades from yesterday closed for 30 pips. The remaining trades are locked in and I wait for price to show its hand. As mentioned in my post above 1.35882/3 (brown line) and 1.36480 remain crux for direction.
Trade safe,
Cheers.
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Trade to trade another day
  • #648,893
  • Jan 20, 2022 6:51am Jan 20, 2022 6:51am
Quoting Robinhood1
{quote} Thanks Kwt4x for your help. Systems can be the same but methods within that system can vary for each individualīs mindset. I just use the ordinary calculator, no need the wheel or angles anymore. Now i need time to confirm reversals basically. The squaring of audjpy is perfect just to mention one. Its topping at resistences and pulling back to support almost to the pip at each level 1 x 1 i could call it. I need to see why cable did not reverse at 13511 and later on reversed at 13749 which is its next level as it did, maybe will have to...
you are welcome,

when in trend, cycles extend to 50%'s or double(2:1)
check if GU did that.

cheers,
"the public is not yet ready for it" W.D. GANN
  • #648,894
  • Jan 20, 2022 6:58am Jan 20, 2022 6:58am
EUR and GU from18-19 jan changed trend on M15(its longterm trend )this trend green about two days H1 not changed yet, it will change to green.
  • #648,895
  • Jan 20, 2022 6:58am Jan 20, 2022 6:58am
H2
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  • #648,896
  • Edited 7:19am Jan 20, 2022 7:08am | Edited 7:19am
slow grind down seems to be setting up for a larger drop.
could be wrong.
H4 is still showing support so its kinda iffy.
looking to go short around 36080 on M5.
30 pip target
edit: if price closes above 3620 on M5 then i will cancel the setup and re-evaluate
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in wondering about yourself, you forgot what you came here to be part of
  • #648,897
  • Jan 20, 2022 7:28am Jan 20, 2022 7:28am
Quoting Kwt4x
{quote} you are welcome, when in trend, cycles extend to 50%'s or double(2:1) check if GU did that. cheers,
Notice how accurate is Gann on audjpy: Will we see around 8600 next resistence and when will it reverse? It cannot go to the moon, there will be a pattern to fail. I also have the supports but using calculator. Display your method to see if it is trully Gann


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POSTMASTER
  • #648,898
  • Jan 20, 2022 7:34am Jan 20, 2022 7:34am
Quoting Robinhood1
{quote} Notice how accurate is Gann on audjpy: Will we see around 8600 next resistence and when will it reverse? It cannot go to the moon, there will be a pattern to fail. I also have the supports but using calculator. Display your method to see if it is trully Gann {image}{image}
Cable

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POSTMASTER
  • #648,899
  • Jan 20, 2022 7:36am Jan 20, 2022 7:36am
Quoting Georginson
{quote} Hello Robin... I thought you were heavily bearish some days back, why now bullish biased to 1.39 - 1.42 area. Please note that this is not an attack on you, I only want to know the rationale behind it. Cheers.
George, I just posted a possible scenario you may find interesting. It also replies to your question somehow cheers
POSTMASTER
  • #648,900
  • Jan 20, 2022 7:36am Jan 20, 2022 7:36am
happy to see 1.3620 go-- going to target 1.3640 for 11xR

might be a good spot for a partial here
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