Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#723,421
Jan 25, 2023 10:45pm Jan 25, 2023 10:45pm

Indiara
Joined Aug 2022 | Status: Waiting in the long grass | 1,394 Posts

Hello traders

Almost ready for another Uncle Frankie / London session. I'm a bit behind in my weekly target this week, but there is still time to fix that

Good luck to us all and I hope we can all make some pips

I am neither brave nor stupid...I am just a part time trader

#723,422
Jan 25, 2023 10:46pm Jan 25, 2023 10:46pm

BigNumbers
| Commercial User | Joined Jul 2021 | 3,280 Posts

GU is likely to sell today if price break below 1.23887 because liquidity has already been taken at this level... and tp is likely to be 1.23165...,

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My telegram: https://t.me/avidforex

#723,423
Jan 25, 2023 10:47pm Jan 25, 2023 10:47pm

Indiara
Joined Aug 2022 | Status: Waiting in the long grass | 1,394 Posts

Quoting Pat Chiko

Disliked

{quote} Hi dear, UJ I'm few hours late, but I still want to copy your trades........ Thank you{image}

Ignored

Hi Pat

I hope you were able to make some pips on that UJ drop after I went to my bed? UJ is not smooth at the moment, but it is still worth trading if the setup is good, no?

I am neither brave nor stupid...I am just a part time trader

#723,424
Jan 25, 2023 10:48pm Jan 25, 2023 10:48pm

SnailFX
Joined Jan 2023 | Status: Trader | 691 Posts

Quoting BigNumbers

Disliked

Disregard last night analysis please... EURJPY LONG {image}

Ignored

Euro seems to be going up against Yen that is true. Wonder if USD will follow suit. We will have a nice rally on Yen pairs I think and your TP might be too small in my opinion.

I consider it among the last rallies against Yen though.
Had BOJ raised rates, Euro would be trading under 130 at the moment, but since they didn't and won't as far as Kuroda is concerned we might get another chance to short from higher prices yet again.

Kuroda has done his job concerning deflation and the battle against inflation will not be fought by Kuroda, but rather the new Gov.

Market isn't expecting the BOJ to raise rates anymore as long as Kuroda is the Gov.

Good luck!

#723,425
Edited 11:35pm Jan 25, 2023 10:54pm | Edited 11:35pm

tradexyz
| Membership Revoked | Joined Nov 2022 | 1,789 Posts

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up down up down sh happens indecision time xxx message received 100% all good taken care of business...

Cam Levels
https://www.livecharts.co.uk/Members...rex_pivots.php how r things bartender... pm ip mad$ tonight good...any time zone AMEX

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#723,426
Jan 25, 2023 10:55pm Jan 25, 2023 10:55pm

BeeTogether
Joined Oct 2020 | Status: Trader | 14,017 Posts

Quoting Pat Chiko

Disliked

{quote} GU add scalping position.{image}

Ignored

and now to use Moty’s hammer

Insane in the Brain..

#723,427
Jan 25, 2023 11:02pm Jan 25, 2023 11:02pm

donfriday
Joined Jan 2009 | Status: bye FF | 8,806 Posts

my view now

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MY OPINION NOT FINANCIAL ADVISE

#723,428
Jan 25, 2023 11:03pm Jan 25, 2023 11:03pm

cchin
Joined Aug 2022 | Status: Trader | 271 Posts

Quoting pipcenturion

Disliked

{quote} I knew you will do justice to it. Quite impressive!!! I want to ask a question: CPI is somewhat a measure of inflation right? If yes, what happens to a currency when the CPI peaks and begins to decline? Does the currency strengthen or weaken?

Ignored

Yes.

There you go. Answer was answered by Dan, I believe was here. Thank you Dan.

Quoting tradexyz

Disliked

{quote}{image}

Ignored

Too complicated for nooooooob like me...

Quoting karankeni

Disliked

{quote} shouldnt the usd drop if rates are increased by only 2.50%?

Ignored

Yes.

Quoting pipcenturion

Disliked

{quote} A thousand likes for this post. Thanks so much!

Ignored

You're welcome.

#723,429
Jan 25, 2023 11:07pm Jan 25, 2023 11:07pm

BigNumbers
| Commercial User | Joined Jul 2021 | 3,280 Posts

USDJPY LONG...

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My telegram: https://t.me/avidforex

#723,430
Jan 25, 2023 11:08pm Jan 25, 2023 11:08pm

BigNumbers
| Commercial User | Joined Jul 2021 | 3,280 Posts

Beast mode activated!!

My telegram: https://t.me/avidforex

#723,431
Jan 25, 2023 11:09pm Jan 25, 2023 11:09pm

Whale
Joined Jun 2013 | Status: Trader | 14,544 Posts

Quoting Georginson

Disliked

{quote} 101 looks more likely... Which means 1.25 may be seen today if GU doesn't break down 1.2335...

Ignored

i build my plan on the fly

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#723,432
Jan 25, 2023 11:12pm Jan 25, 2023 11:12pm

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

dx bounced from 101.300

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yes yes yes

#723,433
Jan 25, 2023 11:13pm Jan 25, 2023 11:13pm

carbonmimeti
Joined Jun 2012 | Status: Trader | 1,452 Posts

starting from here....https://www.forexfactory.com/thread/post/14299414#post14299414 (post 723014)
the day between 12 and 13 lasted only 21 hours or the lower part of the time window of the daily cycle, so now due to the law of alternation I expect a daily cycle extended beyond 24 hours for a total cycle of 2 days which arrives at least 48 hours ... let's see ...

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