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Cable Update (GBPUSD)

  • #722,561
  • Jan 23, 2023 2:26am Jan 23, 2023 2:26am
Quoting Robinhood1
{quote} Do you have a ticket# on your buy/sell position on your chart?
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is this an accident, or intentional? A badge of honour perhaps?
A polite question was answered with a question which I took to be rhetorical so I gave a thumbs up...
And people wonder why I have posted so little since 1999...
  • #722,562
  • Jan 23, 2023 2:27am Jan 23, 2023 2:27am
Quoting Moty
Come on bears!!! {image}
bears will show up to cover the dxy gap…. But can be a bit frustrating before that…
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Extreme gut feeling trader
  • #722,563
  • Jan 23, 2023 2:29am Jan 23, 2023 2:29am
Quoting timeandprice
{quote} {image}is this an accident, or intentional? A badge of honour perhaps? A polite question was answered with a question which I took to be rhetorical so I gave a thumbs up... And people wonder why I have posted so little since 1999...

There are a lot of really good contributors to this thread, you might want to concentrate on their input!
  • #722,564
  • Edited 3:17am Jan 23, 2023 2:34am | Edited 3:17am
Math Trader 7
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  • #722,565
  • Jan 23, 2023 2:40am Jan 23, 2023 2:40am
I have a Sell on UJ now. I prefer to sell UJ than to buy. USDX is trying to push down, so that may help UJ drop.

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I am neither brave nor stupid...I am just a part time trader
  • #722,566
  • Jan 23, 2023 2:45am Jan 23, 2023 2:45am
Quoting Indiara
I have a Sell on UJ now. I prefer to sell UJ than to buy. USDX is trying to push down, so that may help UJ drop. {image}
Trade is now protected

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I am neither brave nor stupid...I am just a part time trader
  • #722,567
  • Jan 23, 2023 2:45am Jan 23, 2023 2:45am
Quoting BigNumbers
GBPJPY LONG Good Luck {image}
sold her from 161.276 (SL 50 pips, TP is open )
"logic" (?) behind this is there are too many PP below and Monday is a perfect day to grab some..,
can be wrong
dolce vita
  • #722,568
  • Jan 23, 2023 3:21am Jan 23, 2023 3:21am
Quoting Indiara
{quote} Trade is now protected {image}
no direction for GU, UJ short over
  • #722,569
  • Jan 23, 2023 3:48am Jan 23, 2023 3:48am
Quoting maxi444
{quote} no direction for GU, UJ short over
Yes, there is very little power in any pair at the moment, and USDX is not doing anything. My trade is still alive, so I will leave it up to the universe to decide whether to send me some pips or not
I am neither brave nor stupid...I am just a part time trader
  • #722,570
  • Jan 23, 2023 3:52am Jan 23, 2023 3:52am
Quoting pipcenturion
{quote} Hello sir, thanks so much for this insightful and detailed work. Kindly do the sell side projections for the same period. I am of the opinion that GBPUSD will be selling rather strongly in this final segment of the month. Thank you sir!
Sellers may have to wait till 1.2300 breaks down, failure to break down such area, Market makers will aim for stop losses to 1.2550 - 1.2600 area before bears can come in aggressively which will be some 450 - 630 pips correction.

I may be wrong but that's what the price structure is showing at the moment.
Data + Stat + Risk/Emotions Management
  • #722,571
  • Jan 23, 2023 3:57am Jan 23, 2023 3:57am
Quoting ninner
{quote} gu in clear uptrend above the tline and 3 tline forming a fry pan bottom close to breakout area of 1.2446. Hope this helps esp rookies like pat chiko, moty, beetogether.

Bro........
Whats yo smoking dude...
Asking for a friend.
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Please ? post some more stupid shit.........I'm enjoying it.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #722,572
  • Jan 23, 2023 4:02am Jan 23, 2023 4:02am
Quoting Yngwie
{quote} Pat you should continue posting at your facebook page.
Dont have to be sour Bro.
I'm just post my professional perspective on price "struggling" terms you wrongly used.

Not expecting any paymnt, gratitude or subscription from you and kind of odd to know you are kicking me to get off from Forex Factory.
In that case, I will not comment on your posting since you know all.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #722,573
  • Jan 23, 2023 4:05am Jan 23, 2023 4:05am
I've clipped three Karen,
New ones emerge.

I guess, Karen just don't like the truth, just some fake trades put up in this thread to impressed potential customer
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #722,574
  • Jan 23, 2023 4:09am Jan 23, 2023 4:09am
If GU starts buying again I may extent my tp to 1.25700 because of this range.
My telegram: https://t.me/avidforex
  • #722,575
  • Jan 23, 2023 4:09am Jan 23, 2023 4:09am
Quoting Pat Chiko
{quote} Dont have to be sour Bro. I'm just post my professional perspective on price "struggling" terms you wrongly used. Not expecting any paymnt, gratitude or subscription from you and kind of odd to know you are kicking me to get off from Forex Factory. In that case, I will not comment on your posting since you know all.
Is it just me, but why must things always end badly for traders with good intentions to teach others? No wonder many a great trader left FF, I struggle to understand this, honestly.

Guy
  • #722,576
  • Jan 23, 2023 4:10am Jan 23, 2023 4:10am
PMIs
UK Manuf'n & Composite PMI expected slightly above previous data while Service PMI is expected below last revised.

US Service and Manuf'n PMI expectation are both slightly above last month's revised, while Actual ISM PMIs both were below Consensus.

GU Technical

Weekly Review
Week candle close above 50% fib level indicating GU is Billie Eilish

while at exactly the 50% Fib level, an Imbalance is left unfilled, which is Bearish

Quoting Fardeen1209
GU Weekly view {image}The weekly candle need to close above the 50% level for the bull to continue or minor another retracement might occur?
More time in the market, does not mean you trade better!
  • #722,577
  • Jan 23, 2023 4:16am Jan 23, 2023 4:16am
GU is unclear at the 15min. so no trade for me. the other major pairs like eu have taken off against USD.

Shorting UJ. Yen has been weak since last Friday, hopefully can put on some defense today to bring UJ down. USD is still weak, confirmed by eur and other majors.
Technical side, we have seen some structure break to the lower side at shorter TF.
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  • #722,578
  • Jan 23, 2023 4:22am Jan 23, 2023 4:22am
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yes yes yes
  • #722,579
  • Jan 23, 2023 4:22am Jan 23, 2023 4:22am
Quoting Yngwie
{quote} 1.2385 support for bulls
The moment of truth
Hope they hold!
  • #722,580
  • Jan 23, 2023 4:24am Jan 23, 2023 4:24am
GBUSD THIS WEEK:
GBP reached it is highest level (D) break 1.23880 & close below that level. candle patterns (rejection candle) formed price will target this level: 1.23276 that is 60 pip profits.

these are there quick images preview:
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