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Cable Update (GBPUSD)

  • #724,941
  • Jan 31, 2023 1:36pm Jan 31, 2023 1:36pm
Good recovery from cable… tomorrow will be interesting
Insane in the Brain..
  • #724,942
  • Jan 31, 2023 1:37pm Jan 31, 2023 1:37pm
Quoting donfriday
{quote} when are you expecting 1.13?
According to measure tool should take approx 28 days pattern to complete its destination.
Attached Image (click to enlarge)
Click to Enlarge Name: _20230131_194401.JPG Size: 112 KB
  • #724,943
  • Jan 31, 2023 1:40pm Jan 31, 2023 1:40pm
Quoting Jolita
{quote} According to measure tool should take approx 33days pattern to complete its destination. {image}
113 would be great!
Insane in the Brain..
  • #724,944
  • Jan 31, 2023 1:48pm Jan 31, 2023 1:48pm
Quoting BeeTogether
{quote} 113 would be great!
It would be! Amended measure tool, now counts 28 days, end of Feb.

Be cautious though, BOE will try their best to push price up, if drops then will be unstopable, reputation lost for years.
  • #724,945
  • Jan 31, 2023 1:48pm Jan 31, 2023 1:48pm
I remember this fellow traders chart post for the pair EUR/USD, almost 3 years ago. Can someone tell me wtf is he trying to achieve ?
Attached Image (click to enlarge)
Click to Enlarge Name: 1A291622-E996-4938-9A90-C451B35D169C.png Size: 153 KB
Master your mind. Master Trading.
  • #724,946
  • Jan 31, 2023 1:52pm Jan 31, 2023 1:52pm
Quoting KareemAliFx
I remember this fellow traders chart post for the pair EUR/USD, almost 3 years ago. Can someone tell me wtf is he trying to achieve ? {image}
Looks like manually drawn Gann lines. Another level lol
  • #724,947
  • Jan 31, 2023 1:53pm Jan 31, 2023 1:53pm
Quoting Jolita
{quote} It would be! Amended measure tool, now counts 28 days, end of Feb. Be cautious though, BOE will try their best to push price up, if drops then will be unstopable, reputation lost for years.
True, recession is hitting them so hard they are likely to hike
I'm enjoying the wins because I was once terrified by loses
  • #724,948
  • Jan 31, 2023 1:54pm Jan 31, 2023 1:54pm
Quoting KareemAliFx
I remember this fellow traders chart post for the pair EUR/USD, almost 3 years ago. Can someone tell me wtf is he trying to achieve ? {image}
KareemAliFx, if I remember correctly he traded based on Gann Theory for which I lack a brain. I used to joke that the good Lord didn't bless me with enough brain to understand his charts.
Always trade your own plan...I don't provide trading signals.
  • #724,949
  • Jan 31, 2023 1:56pm Jan 31, 2023 1:56pm
Quoting Jolita
{quote} Looks like manually drawn Gann lines. Another level lol
Oh my goodness thank you! That explains a lot, but this is rather ridiculous no? Haha
Master your mind. Master Trading.
  • #724,950
  • Jan 31, 2023 1:58pm Jan 31, 2023 1:58pm
Quoting Coreg2004
{quote} KareemAliFx, if I remember correctly he traded based on Gann Theory for which I lack a brain. I used to joke that the good Lord didn't bless me with enough brain to understand his charts.
thank you gann lines is something I never used and nor I am familiar with. This just made me laugh and remembered this post a while back during the pandemic
Master your mind. Master Trading.
  • #724,951
  • Jan 31, 2023 1:59pm Jan 31, 2023 1:59pm
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2023-01-31_11-55-08.png Size: 28 KB
My telegram: https://t.me/avidforex
  • #724,952
  • Edited 2:52pm Jan 31, 2023 2:01pm | Edited 2:52pm
nobody rides for free... what ever... back when asia opens...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM6 j31.png Size: 56 KB

Inserted Video
  • #724,953
  • Jan 31, 2023 2:04pm Jan 31, 2023 2:04pm
Quoting Erto
{quote}True, recession is hitting them so hard they are likely to hike
Recession, personally I've not seen any signs of it myself, not to say that a lot of folks aren't suffering, media blow things way out of proportion, ftse doing very well which is a fact , I don't trust the media any more but as always we'll see....
  • #724,954
  • Jan 31, 2023 2:07pm Jan 31, 2023 2:07pm
Next pivot daily - 1.2328
Together we can be strongest
Vantage Return This Month: na
  • #724,955
  • Jan 31, 2023 2:15pm Jan 31, 2023 2:15pm
While the price stay above 1.2260, the market still is bullish.

Attached Image (click to enlarge)
Click to Enlarge Name: palpite.png Size: 18 KB
Together we can be strongest
Vantage Return This Month: na
  • #724,956
  • Jan 31, 2023 2:22pm Jan 31, 2023 2:22pm
Quoting Jolita
{quote} According to measure tool should take approx 28 days pattern to complete its destination. {image}
I really can't see it happening soon Jolita,

this is 3 months direction and range, if it will go to 1.13 we should see first a low range and sideway just like the previous sideway at the top around 1.40
but the direction so far is still strong to the upside, to have that sideway it needs few months

Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter 4105.png Size: 39 KB


another look using 2022 measurements, too many strong supports in the way

Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter 4106.png Size: 86 KB


cheers
"the public is not yet ready for it" W.D. GANN
  • #724,957
  • Jan 31, 2023 2:40pm Jan 31, 2023 2:40pm
Quoting KareemAliFx
{quote} Oh my goodness thank you! That explains a lot, but this is rather ridiculous no? Haha
We have a few Gann masters in here @Kwt4x and @Robinhood1, I am sure they would understand this chart from a glimpse.

I've watched few videos, good stuff.
Best to manually draw the lines, they keep in tact.
  • #724,958
  • Jan 31, 2023 2:45pm Jan 31, 2023 2:45pm
So month is about to close inside previous monthly pinbar. I was hoping a sharp drop in price today but it delayed for one more day I think.
  • #724,959
  • Jan 31, 2023 2:45pm Jan 31, 2023 2:45pm
Quoting KareemAliFx
I remember this fellow traders chart post for the pair EUR/USD, almost 3 years ago. Can someone tell me wtf is he trying to achieve ? {image}
¯\_(ツ)_/¯
Attached Image
Air force
  • #724,960
  • Jan 31, 2023 2:48pm Jan 31, 2023 2:48pm
Quoting Kwt4x
{quote} I really can't see it happening soon Jolita, this is 3 months direction and range, if it will go to 1.13 we should see first a low range and sideway just like the previous sideway at the top around 1.40 but the direction so far is still strong to the upside, to have that sideway it needs few months {image} another look using 2022 measurements, too many strong supports in the way {image} cheers
How strange, I was looking for your name to recommend to Kareem, when I saw your reply.
Subscribed to your posts : )

You could be right.
Might never return, at the moment I can see it clear, only charts tend to change directions.

Nice charts.
Your indicators on the second attachment are crossing bearish.

Thank you.
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