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Cable Update (GBPUSD)

  • #719,201
  • Jan 9, 2023 2:29am Jan 9, 2023 2:29am
Now I'm done with Technical analysis.. Its time to raise the bar... Fundamental analysis in view...

Forex is not a child's PLAY!
My telegram: https://t.me/avidforex
  • #719,202
  • Jan 9, 2023 2:32am Jan 9, 2023 2:32am
Quoting Moty
gu will drop more{image} {image}
Hope so because this range is f&^king me hard
  • #719,203
  • Jan 9, 2023 2:35am Jan 9, 2023 2:35am
Bears today, bulls overall
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  • #719,204
  • Jan 9, 2023 2:35am Jan 9, 2023 2:35am
Quoting Headland
...70% 30day adr traveled so far by price today...current dly hi may firm up into a prev 1hr sw hi zone,? = prev res = pot res.... 1hr below {image}
Always make you chart clean and simple
  • #719,205
  • Jan 9, 2023 2:37am Jan 9, 2023 2:37am
JPY- There is bank holiday I am learning fast, unemployment rate is reduced for CHF wow...
and unemployment news for EUR is coming up soon.. ... Lets see how this would affect EURJPY... wow
My telegram: https://t.me/avidforex
  • #719,206
  • Jan 9, 2023 2:43am Jan 9, 2023 2:43am
Quoting Teek
Good Morning I'm sidelined. (it's monday) H4/H1 - we trade into premium range reaching for Liquidity. It's a trap, stay careful. DXY trades at major support (bottom of range) and UJ looks bullish (but also trades in Premium range, nothing is certain) This is NOT a trading idea! I'm sidelines. "it is not what you don't know that gets you into trouble. It is what you know for sure, that just aint so" ~ Mark Twain {image}
Thanks for sharing your view Teek.

We had a Friday of high volatility, the microstructures were broken (defining new BOS) and some areas of imbalance were created.
These imbalance zones will be filled at some point prior to any major news .ie. US CPI report.

I like the way you look at market,...
If the facts change, we change.
If structures are broken, we change.
WE only can survive in the market because we need to be patient, disciplined and flexible.

Keep up with your great posting, helps me to look the market objectively...

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #719,207
  • Jan 9, 2023 2:45am Jan 9, 2023 2:45am
If there is bank holiday for JPY why trade EURJPY... ? The effect of bank holiday is Low liquidity and irregular volatility..
Wow Fundamental Analysis can be helpful too
My telegram: https://t.me/avidforex
  • #719,208
  • Edited 3:27am Jan 9, 2023 2:45am | Edited 3:27am
Quoting tradexyz
take up no space "neutrality EEGem 1 schap"

Q a r martians intersections here & there find the $alami
  • #719,209
  • Jan 9, 2023 2:47am Jan 9, 2023 2:47am
Quoting Pat Chiko
{quote} Better still Martinez 1, Waveskierrob and Pat Chiko is same person ( according to Karen)...... Actually, we're triplets..............
I said it would all blow over and it did, think FF just laugh at the accusations, silly man
  • #719,210
  • Jan 9, 2023 2:51am Jan 9, 2023 2:51am
GU's possible path - 1.15 turning point
right now it will rise fake out then significant drop ... my guess
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  • #719,211
  • Jan 9, 2023 2:53am Jan 9, 2023 2:53am
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  • #719,212
  • Jan 9, 2023 2:58am Jan 9, 2023 2:58am
Spike up new DH now a pull back.....before heading north
average dude treading water
  • #719,213
  • Jan 9, 2023 2:59am Jan 9, 2023 2:59am
Quoting MIKKI
Spike up new DH now a pull back.....before heading north
How much of a PB is the big question today

Huge imbalance to fill
  • #719,214
  • Jan 9, 2023 3:03am Jan 9, 2023 3:03am
...this upmove showing signs of weakening on 1hr/30min/15min but bulls could still have another 'thrust' in them? Current dly hi sneaking a bit deeper into the 4hr part of that prev 1hr/4hr sw hi zone that extends up to 2192, = prev res = pot res, after that p/back to a prev 1hr sw hi zone and 4hr part of a separate prev 1hr/4hr sw hi zone = prev res = pot rbs. Look at the 'character' of the upmove since Fri/last week's lo - shallow p/backs so far.... anything over 40-45 would be 'out of character' and maybe more significant?

4hr below
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Trader with an Edge.
  • #719,215
  • Jan 9, 2023 3:08am Jan 9, 2023 3:08am
Quoting Headland
...this upmove showing signs of weakening on 1hr/30min/15min but bulls could still have another 'thrust' in them? Current dly hi sneaking a bit deeper into the 4hr part of that prev 1hr/4hr sw hi zone that extends up to 2192, = prev res = pot res, after that p/back to a prev 1hr sw hi zone and 4hr part of a separate prev 1hr/4hr sw hi zone = prev res = pot rbs. 4hr below {image}
Possibly one of those moves where they are waiting for traders to move in the opposite direction before pushing it up again, like Friday?
  • #719,216
  • Jan 9, 2023 3:10am Jan 9, 2023 3:10am
Quoting Indiara
{quote} I considered entering UJ but it was 15 minuets before London open so I thought to sit this one out. It looks good though
Now I feel better about UJ, so I entered a Buy trade. I may move TP up, we will see

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I am neither brave nor stupid...I am just a part time trader
  • #719,217
  • Jan 9, 2023 3:19am Jan 9, 2023 3:19am
Quoting Indiara
{quote} Now I feel better about UJ, so I entered a Buy trade. I may move TP up, we will see {image}
Trade is protected now

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I am neither brave nor stupid...I am just a part time trader
  • #719,218
  • Jan 9, 2023 3:19am Jan 9, 2023 3:19am
Dxy went up but cable held its ground.. maybe spike lee incoming just a hunch…
Extreme gut feeling trader
  • #719,219
  • Jan 9, 2023 3:23am Jan 9, 2023 3:23am
Quoting BigNumbers
{quote} I was busy earlier... {image}
Tp1 hit headed to TP2.
My telegram: https://t.me/avidforex
  • #719,220
  • Jan 9, 2023 3:24am Jan 9, 2023 3:24am
Quoting BigNumbers
Now I'm done with Technical analysis.. Its time to raise the bar... Fundamental analysis in view... Forex is not a child's PLAY!
it's too late for the Fundamental game, it started with the FED raising rates, every thing is Technical HHHL now.

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cheers,
"the public is not yet ready for it" W.D. GANN
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