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Cable Update (GBPUSD)

  • #649,821
  • Jan 27, 2022 9:31am Jan 27, 2022 9:31am
Long 13380
POSTMASTER
  • #649,822
  • Jan 27, 2022 9:32am Jan 27, 2022 9:32am
Quoting Mitiblotch
{quote} That's why thw whole thing can be funny. The BOE should hike with the openings due to BJohnson's travails. And when that happens GU might head back up to 3700 again. That's why I just follow price. If I am wrong I look to see why and reverse. See how George trades. He has his targets but in between he understands that price can go almost 200 or more pips opposite, and he has invalidation areas. He deals with excellent probabilities, not some trend which can be bent here and there. Today US data. The big boys are already short and if data...
I don't know about scalping, i am a position trader and next week GU should reverse in my opinion maybe to 1.37 idk i get what the market gives but unless BoE makes a dovish surprise longer term GU direction is bullish. I will be holding my longs. Today is bearish though with an awesome US GDP data.

Btw i agree, Georginson is one of the best traders in this forum. We definitely have a lot to learn from him.
You have to have an IQ higher than 90 to interact with this user.
  • #649,823
  • Jan 27, 2022 9:45am Jan 27, 2022 9:45am
Quoting Mr.Burger
{quote} add-ons short --- target ( D ) zone {image}
closed all shorts open long

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 41 KB
Daddy, Brother, Lover, Little Boy
  • #649,824
  • Jan 27, 2022 9:48am Jan 27, 2022 9:48am
Quoting Nordling
{quote} I don't know about scalping, i am a position trader and next week GU should reverse in my opinion maybe to 1.37 idk i get what the market gives but unless BoE makes a dovish surprise longer term GU direction is bullish. I will be holding my longs. Today is bearish though with an awesome US GDP data. Btw i agree, Georginson is one of the best traders in this forum. We definitely have a lot to learn from him.

we are not going up b4 down..nothing can stop it IMHO
  • #649,825
  • Jan 27, 2022 9:58am Jan 27, 2022 9:58am
Quoting nAVIN2007
{quote} we are not going up b4 down..nothing can stop it IMHO
Let's see what happens buddy. Greenest pips to you!
You have to have an IQ higher than 90 to interact with this user.
  • #649,826
  • Jan 27, 2022 9:58am Jan 27, 2022 9:58am
looks like visiting 13453 first
POSTMASTER
  • #649,827
  • Jan 27, 2022 10:00am Jan 27, 2022 10:00am
Quoting Robinhood1
looks like visiting 13453 first
as an appetizer
POSTMASTER
  • #649,828
  • Jan 27, 2022 10:01am Jan 27, 2022 10:01am
Quoting Nordling
{quote} Let's see what happens buddy. Greenest pips to you!

u too brother
  • #649,829
  • Jan 27, 2022 10:02am Jan 27, 2022 10:02am
Quoting Nd10
{quote} I would rather not buy but wait retracement till 1.345 to 1.35 and SELL harder
Get ready to hand me over your shorts mate, tsuanami is on its way
POSTMASTER
  • #649,830
  • Jan 27, 2022 10:02am Jan 27, 2022 10:02am
Quoting Mr.Burger
{quote} closed all shorts open long {image}
im starting to think u got super powers
  • #649,831
  • Jan 27, 2022 10:04am Jan 27, 2022 10:04am
Possibly more down to 1.32 and from there up unless it breaks and goes further down. I am staying away from this pair because both currencies are strong, so strength divergence not really good to trade this pair at least that is my opinion. Trade safe.
Attached Image (click to enlarge)
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  • #649,832
  • Jan 27, 2022 10:05am Jan 27, 2022 10:05am
Quoting Robinhood1
{quote} Get ready to hand me over your shorts mate, tsuanami is on its way
Lol... don't worry. Tomorrow is the day that the Lord has made and we will rejoice in it.
  • #649,833
  • Jan 27, 2022 10:09am Jan 27, 2022 10:09am
Quoting Mitiblotch
{quote} Lol... don't worry. Tomorrow is the day that the Lord has made and we will rejoice in it.
I am not worried have a coffee salud
POSTMASTER
  • #649,834
  • Jan 27, 2022 10:11am Jan 27, 2022 10:11am
I had to check twice, i thought i was at the disgusting eurusd thread
POSTMASTER
  • #649,835
  • Jan 27, 2022 10:13am Jan 27, 2022 10:13am
Quoting nAVIN2007
{quote} im starting to think u got super powers
I really sure you are a man best at seducing women lol
Daddy, Brother, Lover, Little Boy
  • #649,836
  • Jan 27, 2022 10:17am Jan 27, 2022 10:17am
So it does not have to touch trendline necessarely. good to know as part of the learning process

Attached Image (click to enlarge)
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POSTMASTER
  • #649,837
  • Jan 27, 2022 10:40am Jan 27, 2022 10:40am
W1 bearish orderblock
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  • #649,838
  • Jan 27, 2022 10:46am Jan 27, 2022 10:46am
With Just 2 trade days left in January, let's start preparing for February and March (first quarter). There is a developing case for 1.29 by or before March as bulls couldn't close above 1.3770. let's wait to see January close for clarity about the scenario between 1.29 and 1.39. Bulls had their time, now bears are having their time. The big question is where will this bearish trend collapse, if you can get it then you have a potential 1000 pips opportunity to explore.

Regards,
George.
Attached Image (click to enlarge)
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Data + Stat + Risk/Emotions Management
  • #649,839
  • Jan 27, 2022 11:04am Jan 27, 2022 11:04am
Quoting Mr.Burger
{quote} I really sure you are a man best at seducing women lol
I still trying to get this super power
  • #649,840
  • Jan 27, 2022 11:20am Jan 27, 2022 11:20am
Looking at what the pair is doing. I see they did some good validation of the fib and support/Resistances for the technical traders
Attached Image (click to enlarge)
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Executing trades with precision!!
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