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Cable Update (GBPUSD)

  • #684,181
  • Edited 10:40am Sep 15, 2022 10:21am | Edited 10:40am
Quoting donfriday
{quote} what is ur idea on mid point ?
Mid point?
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MY GRID. Markets are NOT random.
  • #684,182
  • Sep 15, 2022 10:24am Sep 15, 2022 10:24am
Quoting Mitiblotch
{quote} You want to get this figure this year? I am mostly a day trader and between here and 1.1000 too many things can happen. We can as well get a run to 1.2000 first.
By March 2023 latest, the sentiment and structure of the major swings have a higher probability of down.
MY GRID. Markets are NOT random.
  • #684,183
  • Sep 15, 2022 10:25am Sep 15, 2022 10:25am
Quoting Wavegarrick
{quote} Ek wens ek kan elke dag in my eie taal praat maar dis maar hoe dit is. Ons hou dit maar Engels.
Yes, you are rightYour language is also beautifulThe whole world has beautiful language and writing
There is nothing wrong with being kind & loving to each other
  • #684,184
  • Sep 15, 2022 10:26am Sep 15, 2022 10:26am
Quoting buffedmage
{quote} i believe it is Afrikaans ?
Yes Sir.
Trade to trade another day
  • #684,185
  • Sep 15, 2022 10:30am Sep 15, 2022 10:30am
Quoting Coreg2004
{quote} Traderview, the same patterns although different tools used to mark them. The (a)-(b) move doesn't look like an impulse wave. {image}

Coreg pls what is DRE, WRE?
MY OPINION NOT FINANCIAL ADVISE
  • #684,186
  • Sep 15, 2022 10:30am Sep 15, 2022 10:30am
Quoting tonyb123
{quote} Mid point? {image}

https://www.bloomberg.com/profession...-fairer-price/
MY OPINION NOT FINANCIAL ADVISE
  • #684,187
  • Sep 15, 2022 10:32am Sep 15, 2022 10:32am
Quoting ScalaFX
{quote} First was 1505, added some 1495 1485 pendings1475, ,65,55,45
Almost all active, we have some time too get down more before nice ride up, I will be holding this positions for some time I think, lets see how this play out, looking for 1.19-20 still, trade safe all
People don't plan to lose. They lose because they don't plan.
  • #684,188
  • Sep 15, 2022 10:35am Sep 15, 2022 10:35am
Quoting ScalaFX
{quote} Almost all active, we have some time too get down more before nice ride up, I will be holding this positions for some time I think, lets see how this play out, looking for 1.19-20 still, trade safe all
119-120 would be a great area to rise to. However the worry is the UK is up s creek without a paddle
Insane in the Brain..
  • #684,189
  • Sep 15, 2022 10:37am Sep 15, 2022 10:37am
You have not got the power to break my 21 ma
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Don't trade what you think. Just what you see!!!
  • #684,190
  • Sep 15, 2022 10:42am Sep 15, 2022 10:42am
British Pound Forecast: GBP/USD Slams 1.15- Bears Near a Bigger Break?: https://www.dailyfx.com/forex/techni...-.html/webview
Insane in the Brain..
  • #684,191
  • Sep 15, 2022 10:43am Sep 15, 2022 10:43am
Tomorrow at 9 AM will be news on pound. I suppose GBPUSD will grow to the level of 1.18485.
  • #684,192
  • Sep 15, 2022 10:45am Sep 15, 2022 10:45am
Quoting BeeTogether
{quote} 119-120 would be a great area to rise to. However the worry is the UK is up s creek without a paddle
My wish
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People don't plan to lose. They lose because they don't plan.
  • #684,193
  • Edited 11:02am Sep 15, 2022 10:51am | Edited 11:02am
Quoting donfriday
{quote} Coreg pls what is DRE, WRE?
daily/weekly range extension
Edit: If H/L of the day/week is taken out the expectation is that market will hit ext. 1.41-1.618
Always trade your own plan...I don't provide trading signals.
  • #684,194
  • Sep 15, 2022 10:53am Sep 15, 2022 10:53am
Quoting donfriday
{quote} i am looking for buy around 1.1400 to 1.1375 i could be wrong in the end ..
I feel very comfy with scalping buys only.
If i was a seller it will be very complicated to understand where to locate my SL.
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  • #684,195
  • Sep 15, 2022 10:55am Sep 15, 2022 10:55am
Quoting donfriday
{quote} https://www.bloomberg.com/profession...-fairer-price/
This is about a strategy of locating hidden liquidity pools but has a similarity to my method of locating a 50% of any given leg; A to B, B to C, C to D. I have an Idea along this line of thinking but it has a different set of parameters to come up with a set of probabilities but nothing concrete just yet.
MY GRID. Markets are NOT random.
  • #684,196
  • Sep 15, 2022 10:59am Sep 15, 2022 10:59am
cheers guys ..night here..GN see ya tomorrow
Blank and Empty
  • #684,197
  • Sep 15, 2022 11:00am Sep 15, 2022 11:00am
Quoting ScalaFX
{quote} My wish {image} {image}
ScalaFX, what if GU is in the middle of this scenario? We discussed it over the weekend and is still in play.
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Always trade your own plan...I don't provide trading signals.
  • #684,198
  • Sep 15, 2022 11:10am Sep 15, 2022 11:10am
This is is already showing signs of 1.12... if it continues trading below 1.1550... caution guys.
Data + Stat + Risk/Emotions Management
  • #684,199
  • Sep 15, 2022 11:14am Sep 15, 2022 11:14am
Quoting Coreg2004
{quote} ScalaFX, what if GU is in the middle of this scenario? We discussed it over the weekend and is still in play. {image}
Yes I have this in mind too but for me your 3 is too long for me, I had stop counting 5 at this year low, but everything can happen, thanks for the chart
People don't plan to lose. They lose because they don't plan.
  • #684,200
  • Sep 15, 2022 11:15am Sep 15, 2022 11:15am
Quoting Coreg2004
{quote} ScalaFX, what if GU is in the middle of this scenario? We discussed it over the weekend and is still in play. {image}
Why your target it 1.27 extension?
it should be deeper base on your count
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