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Cable Update (GBPUSD)

  • #718,101
  • Jan 5, 2023 5:11am Jan 5, 2023 5:11am
Quoting JayBag
{quote} Speaking of expecting the price to go above 1.21 area, I have 1.224163 as a new target area for the week. (I really would appreciate an IMPULSIVE move as opposed to squeezing) {image}
we're stuck second gear here it cant get over 12030 lol..
Insane in the Brain..
  • #718,102
  • Jan 5, 2023 5:12am Jan 5, 2023 5:12am
Quoting tiborf71
C wave. {image}
Umm excuse me, sir. Please, what is the message from this chart?
  • #718,103
  • Jan 5, 2023 5:13am Jan 5, 2023 5:13am
Quoting kuroro001
{quote} on which tf ?
4hr
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.png Size: 11 KB
Bismillah
  • #718,104
  • Jan 5, 2023 5:17am Jan 5, 2023 5:17am
Quoting kuroro001
{quote} ideal long for me today 1975/85
Might take a while to get there...
  • #718,105
  • Jan 5, 2023 5:18am Jan 5, 2023 5:18am
Quoting BrainBucks
{quote} Umm excuse me, sir. Please, what is the message from this chart?
this is a possible outcome, if the C wave does not break through, then head north.

it doesn't repaint.
  • #718,106
  • Jan 5, 2023 5:18am Jan 5, 2023 5:18am
Quoting BrainBucks
{quote} Umm excuse me, sir. Please, what is the message from this chart?
Special code.
BTS--Beyond Top Secret.
He could tell you, but then he would have to kill you, and then kill himself.
To free Gazans of Hamas, use whatever it takes.
  • #718,107
  • Jan 5, 2023 5:18am Jan 5, 2023 5:18am
Quoting dantpm
{quote} Might take a while to get there...
40/50 pips is barely nothing for GU

But its a slow day
COT: The precious data ignored
  • #718,108
  • Jan 5, 2023 5:19am Jan 5, 2023 5:19am
Quoting BeeTogether
{quote} we're stuck second gear here it cant get over 12030 lol..
That's right. We seem to be having a gearbox issue ATM.

Let's give it time, bulls should come out to play any moment......
  • #718,109
  • Jan 5, 2023 5:21am Jan 5, 2023 5:21am
Quoting kuroro001
{quote} 40/50 pips is barely nothing for GU But its a slow day
institutional will come around 8am est time...
lets talk they come after adp and jobless claim news...
then a bit volatile till london fix i think
Bismillah
  • #718,110
  • Jan 5, 2023 5:22am Jan 5, 2023 5:22am
Quoting JayBag
{quote} That's right. We seem to be having a gearbox issue ATM. Let's give it time, bulls should come out to play any moment......
spike lee needs to wake up
Insane in the Brain..
  • #718,111
  • Jan 5, 2023 5:23am Jan 5, 2023 5:23am
Quoting krunfx
{quote} institutional will come around 8am est time... lets talk they come after adp and jobless claim news... then a bit volatile till london fix i think
Its just the first week of the year, slow week, i guess people are still on vacation and will come back next week

but yes, adp/nfp should give us some direction until next week i guess
COT: The precious data ignored
  • #718,112
  • Jan 5, 2023 5:27am Jan 5, 2023 5:27am
Quoting JayBag
{quote} That's right. We seem to be having a gearbox issue ATM. Let's give it time, bulls should come out to play any moment......
The smaller TFs are making their pullbacks then continuations; it takes time to cycle up through the lower TFs. As I have said before, this is what produces a stall on higher TFs.
(I also now hit TP of the sell of the M15 pullback that I said earlier I was looking for.)
To free Gazans of Hamas, use whatever it takes.
  • #718,113
  • Jan 5, 2023 5:30am Jan 5, 2023 5:30am
Of course, I learn from all of you... this is what the price shows me
Attached Image (click to enlarge)
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Do not get emotional when you gain or lose
  • #718,114
  • Jan 5, 2023 5:36am Jan 5, 2023 5:36am
Quoting DrDave
{quote} The smaller TFs are making their pullbacks then continuations; it takes time to cycle up through the lower TFs. As I have said before, this is what produces a stall on higher TFs. (I also now hit TP of the sell of the M15 pullback that I said earlier I was looking for.)
I am not sure I get what you mean DR. Could you please be more direct?
What's your take on GU? are you looking towards bull or bear?

Thanks
  • #718,115
  • Jan 5, 2023 5:36am Jan 5, 2023 5:36am
Happy New Year traders!!! I wish to all and
  • #718,116
  • Jan 5, 2023 5:46am Jan 5, 2023 5:46am
Quoting kuroro001
{quote} ideal long for me today 1975/85
1940 is good too
POSTMASTER
  • #718,117
  • Jan 5, 2023 6:04am Jan 5, 2023 6:04am
Quoting Moty
i have penitent mf !!! {image}
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 18 KB
yes yes yes
  • #718,118
  • Jan 5, 2023 6:08am Jan 5, 2023 6:08am
...intraday is still bearish overall so far, with 1hr/4hr still rangy, although 1hr has made a 2nd LH now after the 2077 H, which is current dly hi. 2 attempts to get north of the prev 1hr/4hr sw lo zone that extends to circa 2054, ie the immediate potential sbr, and both have failed, the 2nd at a point lower than the 1st.

U.s ADP may cause a flutter later?

1hr below
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Trader with an Edge.
  • #718,119
  • Jan 5, 2023 6:19am Jan 5, 2023 6:19am
Quoting JayBag
{quote} That's right. We seem to be having a gearbox issue ATM. Let's give it time, bulls should come out to play any moment......
Mr Lee otw...
H4 uj
Attached Image (click to enlarge)
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Peace Yo!
  • #718,120
  • Jan 5, 2023 6:22am Jan 5, 2023 6:22am
rangebound
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 22 KB
yes yes yes
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