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Cable Update (GBPUSD)

  • #651,341
  • Feb 8, 2022 10:14am Feb 8, 2022 10:14am
Quoting MrFanciful
Do you think the banks are trying to kill off retail traders with stress these last few days?
LOL
This says it all:
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #651,342
  • Feb 8, 2022 10:33am Feb 8, 2022 10:33am
I posted this February 1. The expected D2 up continuation progresses. My view has not changed.
Quoting DrDave
My view of GBPUSD W2 in a rally has not been invalidated. You can see below that I have an expectation that when the D2 down swing completes, it will be only a pullback, and then the ensuing D2 up continuation to keep W2 going up. Oh, and I guess that I can mention again those smaller TFs making cycles inside of larger TF swings. Compare the W1/W2 lines to the MN2 line. Much easier to see what's going on with smoothed out lines than viewing price bars, isn't it?
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Today
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #651,343
  • Feb 8, 2022 10:40am Feb 8, 2022 10:40am
Quoting Wavegarrick
{quote} {quote} My Ducks are starting to line up Folks, Trade well. Cheers. {image}
Hi Guys,
Right now and I mean it sincerely. A daily close above 1.35500 should be good enough for 1.3600. It is iffy at the moment. My 50% fib retrace at 1.34929 had a perfect bounce and this currently is the line in the sand between bulls and bears for me.
Trade safe,
Cheers
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Trade to trade another day
  • #651,344
  • Feb 8, 2022 10:51am Feb 8, 2022 10:51am
Quoting Nordling
{quote} Man this is a serious crime though. I mean managing someone else's money without a license is a big crime in most of the countries. I don't know if there's a law about it in Nigeria, but if there is Kolatysmith should sue him. That way the court will probably decide DBag to pay him his 25k $ back. I don't care if DBag had good intentions and all, he knew that this is morally wrong if he doesn't have any license as an asset manager. And if you lose it even though you have tried your best, you gotta pay all the money back. That's what law...
"not on my watch" . you are amazing and too funny for FF, keep them coming
  • #651,345
  • Feb 8, 2022 11:29am Feb 8, 2022 11:29am
Provided 1.35100 is not broken. my BUY setup is valid - Retest Strategy - 4H TF
Attached Image (click to enlarge)
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Fools Rushing
  • #651,346
  • Feb 8, 2022 11:41am Feb 8, 2022 11:41am
unfortunately, my 2021 sell collection will face the freight train in a frontal clash. meaning more draw-down... the buys will be strong there. at those two green lines. in the coming weeks, lets see what Mister Boris Johnson will give us?
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Maadik Hugiis. IQ 69.
  • #651,347
  • Feb 8, 2022 11:44am Feb 8, 2022 11:44am
Quoting bilal1947
Trading idea, use your own analysis: {image}
Nice chart.
Do you trace gaps manually?
I wonder if we have gaps pending on monthly.
  • #651,348
  • Feb 8, 2022 11:55am Feb 8, 2022 11:55am
GU is slow.

Bulls need to cross 13560 for move higher, while bears need to go under 13520.13460 is 61.80% Fib, hope to achieve this week before CPI on Thu.
Next week Tuesday dollar should be strong.
  • #651,349
  • Feb 8, 2022 12:21pm Feb 8, 2022 12:21pm
If Oil coninues to fall next days
we will see GU lower too

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  • #651,350
  • Feb 8, 2022 12:23pm Feb 8, 2022 12:23pm
Quoting Mitiblotch
Long 3535. Just for the night. TP 3555. I hope Asia can give me my 20 pips. Good night.
Had a very busy day at work. Too many patients to see. Had no time for food or water. One of those days where you work from start to finish. Well just checked now to see that TP hit. +20 pips. I put this trade during the Asian session and glad that I did.
  • #651,351
  • Edited 1:11pm Feb 8, 2022 12:34pm | Edited 1:11pm
Quoting Mitiblotch
{quote} Had a very busy day at work. Too many patients to see. Had no time for food or water. One of those days where you work from start to finish. Well just checked now to see that TP hit. +20 pips. I put this trade during the Asian session and glad that I did.

Are you a call doctor Mitiblotch?

Busy day for me too. We had some long overdue syringe shipments arriving from Germany.
Shipment documentation after Brexit is a nightmare. Order was placed in May 21, received 9 months later.
  • #651,352
  • Feb 8, 2022 12:38pm Feb 8, 2022 12:38pm
Quoting Wavegarrick
{quote} Hi Guys, Right now and I mean it sincerely. A daily close above 1.35500 should be good enough for 1.3600. It is iffy at the moment. My 50% fib retrace at 1.34929 had a perfect bounce and this currently is the line in the sand between bulls and bears for me. Trade safe, Cheers {image}
I’m with you on this. It seems we are on the next leg up and my plan is to deploy about 100 long soldiers all the way up to 1.37 – 1.374. 25 soldiers in the war zone already. Don’t have time these days to sit in front of the screen, my Bot now is doing all the job for me, opening longs on retracements Maybe I will consider to take partial profit at the half way but will see the PA.
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  • #651,353
  • Feb 8, 2022 12:38pm Feb 8, 2022 12:38pm
Quoting Isabella_D
If Oil coninues to fall next days we will see GU lower too {image}

Oil will continue to fall. Top resistance reached, institutions are selling.
Dx up = Oil / GU down
  • #651,354
  • Feb 8, 2022 12:43pm Feb 8, 2022 12:43pm
Quoting MrFanciful
Do you think the banks are trying to kill off retail traders with stress these last few days?

They have always been messing with us, retail.
Think outside the box, against majority and you are safe.
  • #651,355
  • Feb 8, 2022 12:46pm Feb 8, 2022 12:46pm
Quoting Jolita
{quote} Are you a on call doctor Mitiblotch? Busy day for me too. We had some long overdue syringe shipments arriving from Germany. Shipment documentation after Brexit is a nightmare. Order was placed in May 21, received 9 months later.
Tuesdays and Thursdays will henceforth be busy days for me. Some special procedures are now being slated for these two days. And it is draining. My hands were in sterile gloves all day. Lol... I held my pee for many hours because I just couldn't step into the toilet that easily. Lol...

Oh I see. With Brexit things get a bit difficult to come from the EU to Britain. No wonder you complained about the issues Brexit caused. But 9 months that's a terribly long time!
  • #651,356
  • Feb 8, 2022 12:53pm Feb 8, 2022 12:53pm
Quoting Jolita
{quote} Nice chart. Do you trace gaps manually? I wonder if we have gaps pending on monthly.
Hi Jolita

thanks, i marked these manually, however a free indicator is attached for quick reference.
Attached File(s)
File Type: mq4 WRB-Hidden-Gap-Improved.mq4   11 KB | 504 downloads
"Exchange of hands"
  • #651,357
  • Feb 8, 2022 12:54pm Feb 8, 2022 12:54pm
Quoting Jolita
{quote} Oil will continue to fall. Top resistance reached, institutions are selling. Dx up = Oil / GU down
nice to hear this , lets see tomorrow
  • #651,358
  • Feb 8, 2022 12:59pm Feb 8, 2022 12:59pm
Quoting JayBag
Video was too large to upload. I must find a way to upload it because I also mentioned the date while I recorded it. Here is a snapshot.. Out of 25k deposit, he was left with 2,400 when he handed me the account. But he is saying I blow up a 30k account? That’s crazy {image}
I hope it all gets cleared up.
People can do crazy things when desperate.
Compulsions can be hard to resist
  • #651,359
  • Feb 8, 2022 1:01pm Feb 8, 2022 1:01pm
Quoting JayBag
Video was too large to upload. I must find a way to upload it because I also mentioned the date while I recorded it. Here is a snapshot.. Out of 25k deposit, he was left with 2,400 when he handed me the account. But he is saying I blow up a 30k account? That’s crazy {image}
WOW, he was is drawdown to 2.4K.
I thought his balance had gone down to 2.4K.

No wonder you couldn't save the account, you can't work miracles with 90% drawdown
Compulsions can be hard to resist
  • #651,360
  • Feb 8, 2022 1:05pm Feb 8, 2022 1:05pm
Quoting Nordling
{quote} Man this is a serious crime though. I mean managing someone else's money without a license is a big crime in most of the countries. I don't know if there's a law about it in Nigeria, but if there is Kolatysmith should sue him. That way the court will probably decide DBag to pay him his 25k $ back. I don't care if DBag had good intentions and all, he knew that this is morally wrong if he doesn't have any license as an asset manager. And if you lose it even though you have tried your best, you gotta pay all the money back. That's what...
Asset managers have to pay back fees if they don't make you money?
Where?
The guy was in 90% drawdown when he gave the account to JB. The drawdown positions were still open (Note to self: duh, obviously).
Compulsions can be hard to resist
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