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Cable Update (GBPUSD)

  • #651,321
  • Feb 8, 2022 6:14am Feb 8, 2022 6:14am
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  • #651,322
  • Feb 8, 2022 6:20am Feb 8, 2022 6:20am
caught the little 3 drive and done, one buy two sells

maybe buy in NY later see what happens
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  • #651,323
  • Feb 8, 2022 7:16am Feb 8, 2022 7:16am
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yes yes yes
  • #651,324
  • Feb 8, 2022 7:20am Feb 8, 2022 7:20am
Quoting Moty
{image}
Eagle Eye Moty. I see 1.36 area and subsequent crash to 1.33 area. May be wrong
  • #651,325
  • Feb 8, 2022 7:23am Feb 8, 2022 7:23am
I m getting ready to enter intra-day long, anyone joining the trip?
  • #651,326
  • Edited 7:55am Feb 8, 2022 7:31am | Edited 7:55am
perfect pa , so test 3475 towards 3434 limit test to sr 3420. now 3510 breaks and hold to give a signal early too. this bounce may have interest in only 3540/41 targets . so may initiate next sells , watching
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #651,327
  • Feb 8, 2022 7:54am Feb 8, 2022 7:54am
Quoting fontu
perfect pa , so test 3475 towards 3434 limit test to sr 3420. now 3510 breaks and hold to give a signal early too. {image} {image} {image}
Remember that old 80's game, Missile Command? For some reason your screenshots remind me of that.
  • #651,328
  • Feb 8, 2022 8:06am Feb 8, 2022 8:06am
Quoting MrFanciful
{quote} Remember that old 80's game, Missile Command? For some reason your screenshots remind me of that.
LOL ! should by some one or for groups, now trying reach target ! hit the target exact ! now to see what reaction , burst or fuse!! may a set a booby traps to catch some fishes here!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #651,329
  • Feb 8, 2022 8:29am Feb 8, 2022 8:29am
Quoting mysterio
caught the little 3 drive and done, one buy two sells maybe buy in NY later see what happens {image} {image}
chart is getting a bit complicated lol

took 3 pip loss buying a bit early then back in for the rally

lets get this sucker to 1.36
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  • #651,330
  • Feb 8, 2022 8:33am Feb 8, 2022 8:33am
my view 1.3640

waiting best entry point
  • #651,331
  • Edited 8:52am Feb 8, 2022 8:38am | Edited 8:52am
not bad , still wait 3544/40 breaks and hold for next targets at lows !
done ! perfect , first target be 3513
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #651,332
  • Feb 8, 2022 8:58am Feb 8, 2022 8:58am
Got in for a sell... Let's see how far it will go...
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My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #651,333
  • Feb 8, 2022 9:09am Feb 8, 2022 9:09am
Do you think the banks are trying to kill off retail traders with stress these last few days?
  • #651,334
  • Feb 8, 2022 9:09am Feb 8, 2022 9:09am
(Daily chart) My bullish projection:

If price can hold above @3600 then we might see @3900 even @4200 level once again.

Let's see the market where's it is going.
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Try the simple and make it for you ~
  • #651,335
  • Feb 8, 2022 9:10am Feb 8, 2022 9:10am
Quoting Coreg2004
{quote} again on the same page until proven otherwise {image}
Looks like this is coming into fruition. Let's see how it behaves around 1.3584 to complet Wave b(B)....
Lost....
  • #651,336
  • Feb 8, 2022 9:15am Feb 8, 2022 9:15am
Quoting Headland
.... If that 'general' expanding triangle 1-2-3-4-5 shown on chart below is 'true' then the 1.272% extension target of the move 4-5 off point 5 is @ 3855...
... In the same way as there is a 'general' expanding triangle pattern on the dly as discussed in my post quoted above, there is exactly the same pattern on 4hr, - see chart below points 1-2-3-4-5, and if this too is true, the 1.272% initial extension target of move 4-5 is @ 3665.

Meantime on 1hr we had a break of the range hi and a pullback to inside that range consolidation - will a 2nd upside break be truer?

4hr below.
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Trader with an Edge.
  • #651,337
  • Feb 8, 2022 9:23am Feb 8, 2022 9:23am
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yes yes yes
  • #651,338
  • Feb 8, 2022 9:24am Feb 8, 2022 9:24am
Quoting gespiri
{quote} Looks like this is coming into fruition. Let's see how it behaves around 1.3584 to complet Wave b(B)....
gespiri, possible that market will cooperate with our analysis. Hope B is in place otherwise, I will have to average down.
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Always trade your own plan...I don't provide trading signals.
  • #651,339
  • Feb 8, 2022 9:38am Feb 8, 2022 9:38am
Trading idea, use your own analysis:
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"Exchange of hands"
  • #651,340
  • Feb 8, 2022 9:53am Feb 8, 2022 9:53am
Forex Trading is starting to remind me of why I had so much trouble fishing as a kid. Sometimes I just don't have the paitence for it.... I get a nibble & when I think the fish is ready to be caught, it gets away.... Same with trading... It looks like it's going "my way" then it reverses again... I hate fishing...
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My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
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