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Cable Update (GBPUSD)

  • #649,981
  • Jan 28, 2022 10:29am Jan 28, 2022 10:29am
holding 50% to 13467
POSTMASTER
  • #649,982
  • Jan 28, 2022 10:29am Jan 28, 2022 10:29am
Quoting 9jatrader
Bulls are preparing to take control
Hello 9J

Already taken
POSTMASTER
  • #649,983
  • Jan 28, 2022 10:32am Jan 28, 2022 10:32am
Quoting Robinhood1
{quote} Hello 9J Already taken
Hope to join after completing retracement
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #649,984
  • Jan 28, 2022 10:35am Jan 28, 2022 10:35am
Quoting 9jatrader
{quote} Hope to join after completing retracement
Sometimes one is conservative and other times so aggressive. Patience is needed here as far as am concerned so that I enter with peace of mind
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #649,985
  • Jan 28, 2022 10:39am Jan 28, 2022 10:39am
Just waiting for only one bullish candle and it's being formed as I type. I hope it finally closes bullish on 30 mins
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #649,986
  • Jan 28, 2022 10:56am Jan 28, 2022 10:56am
Quoting mysterio
{quote} I think bull is the way to go. I thought we might get a Friday profit taking move down from these levels. DXY has reached its target to the upside so the direction is back down for the dollar (and up for GU)
Price took out my breakeven stop. there were unfinished auctions on the initial move down so price came back to complete and got absorbed. I got back in short
Attached Image (click to enlarge)
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  • #649,987
  • Jan 28, 2022 11:07am Jan 28, 2022 11:07am
Amplified microscope to 15 min tf

Attached Image (click to enlarge)
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POSTMASTER
  • #649,988
  • Jan 28, 2022 11:11am Jan 28, 2022 11:11am
Quoting Isabella_D
{quote} Means what? Nice to see you again
did price go anywhere from the level i gave ?
  • #649,989
  • Jan 28, 2022 11:15am Jan 28, 2022 11:15am
Quoting 9jatrader
Bulls are preparing to take control

hope u right
  • #649,990
  • Jan 28, 2022 11:17am Jan 28, 2022 11:17am
Quoting MoneyZilla
are there any buyers in the house, you little kitties? we need more buyers to move the rate down lower... come on in!
you did not take this one seriously, did you?
Maadik Hugiis. IQ 69.
  • #649,991
  • Jan 28, 2022 11:18am Jan 28, 2022 11:18am
Quoting nAVIN2007
{quote} hope u right
How are your sells?
  • #649,992
  • Jan 28, 2022 11:21am Jan 28, 2022 11:21am
Quoting Nd10
{quote} How are your sells?

I went long...i exited
  • #649,993
  • Jan 28, 2022 11:22am Jan 28, 2022 11:22am
Quoting 9jatrader
Just waiting for only one bullish candle and it's being formed as I type. I hope it finally closes bullish on 30 mins
No bull in sight. price retraced to fill imbalance and got knocked back down

Holding short still
Attached Image (click to enlarge)
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  • #649,994
  • Jan 28, 2022 11:27am Jan 28, 2022 11:27am
Quoting mysterio
{quote} No bull in sight. price retraced to fill imbalance and got knocked back down Holding short still {image}
Bulls did an amazing job for me on EU. It felt sweet buying from the bottom. A million chances to get in and I did. Good day. Profitable week. Profitable month. I know you did well too.
  • #649,995
  • Jan 28, 2022 11:56am Jan 28, 2022 11:56am
Quoting mysterio
{quote} No bull in sight. price retraced to fill imbalance and got knocked back down Holding short still {image}
this is a good spot to TP, bullish imbalance from the rise. Lets see if bears can overcome this. If they can then yesterdays low is the target. I may take half off now
Attached Image (click to enlarge)
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  • #649,996
  • Jan 28, 2022 12:00pm Jan 28, 2022 12:00pm
this is ridiculous..why i dont try and scalp
how is this going down after such a bullish candle
  • #649,997
  • Jan 28, 2022 12:03pm Jan 28, 2022 12:03pm
buy 1.3390 for 1.3440, easy for 50 pips ? hope so..
  • #649,998
  • Jan 28, 2022 12:08pm Jan 28, 2022 12:08pm
Quoting Wavegarrick
{quote} Well, Guys, Three things stand out for me today. 1. We have not touched my daily pivot at 1.34880 which usually only happens in very trendy conditions. 2. We have a daily higher high so far. 3. We have not touched my weekly pivot at 1.35957. All in all bullish conditions so far today but be wary. January is a crucial month for me and can decide the first quarter. I am very wary as we could see big moves with FOMC today. I am Flat and await the next move. Trade safe, Cheers.
Hi Guys,
It has been a shaky start for me this year. Amazing how a 2-week break can get you off the pulse of the market.
I did get into a trade with FOMC and locked in. I am with Georginson on a target of 1.32000, the only slight difference is that I believe in the quarter's theory so a logical target would be 1.32500 and perhaps George's target at 1.32000 for an overshoot. 1.3500 is the midpoint between 1.4000 and 1.3000 so it is very logical to assume that this would be a game of 2 halves this year and 1.35000 would be the decider and as with George 1.35280. I was hell bent on a bounce from 1.3500 and am, afraid I got it wrong. Interestingly Eu has a similar distance to go to 1.1000 as with Gu to 1.32500 which aligns with my quarters theory.
Anyway, all speculative as 1.3500 and 1.35280(George) remains crux for this year. If we bounce from 1.32500 it is logical to assume a target of 1.42500 for this year.
Currently, I am seeing rejection from 1.34322 from a 4 hr perspective.
Have a great weekend,
Cheers.
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Trade to trade another day
  • #649,999
  • Jan 28, 2022 12:14pm Jan 28, 2022 12:14pm
Quoting Wavegarrick
{quote} Hi Guys, It has been a shaky start for me this year. Amazing how a 2-week break can get you off the pulse of the market. I did get into a trade with FOMC and locked in. I am with Georginson on a target of 1.32000, the only slight difference is that I believe in the quarter's theory so a logical target would be 1.32500 and perhaps George's target at 1.32000 for an overshoot. 1.3500 is the midpoint between 1.4000 and 1.3000 so it is very logical to assume that this would be a game of 2 halves this year and 1.35000 would be the decider...
Very well said Leon. Cheers!
Data + Stat + Risk/Emotions Management
  • #650,000
  • Jan 28, 2022 12:35pm Jan 28, 2022 12:35pm
Correlations between the pairs is breaking today and new correlations are occuring. Which is why price surges both ways crazily today.

Anyways, GU should reverse. I am bullish.
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