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Cable Update (GBPUSD)

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Train your eyes
I'm looking forward to the movement of the dollar yen from tomorrow. I feel like it's going to be easy to go up, but I'm waiting for a solid resistance to see if I cross Fibo 61.8. Is it up to CPI?
Consider a cross after the dollar moves.

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Quoting Pat Chiko
Slow and easy reading on weekends. (time to read 2 mins) Wishing everyone a pleasant weekend, I would like to share my thought for leisurely reading as we approach the coming week with significant news and headlines that could bring market fluctuations. Please note that these are my personal opinions and should not be taken as predictions as the market may move in any direction it desires. Next week data. The upcoming data from the UK next week will play a crucial role in the decision for the March interest rate. It is anticipated that the headline...

maybe a few sessions of range trading until the data events
Quoting Pat Chiko
Slow and easy reading on weekends. (time to read 2 mins) Wishing everyone a pleasant weekend, I would like to share my thought for leisurely reading as we approach the coming week with significant news and headlines that could bring market fluctuations. Please note that these are my personal opinions and should not be taken as predictions as the market may move in any direction it desires. Next week data. The upcoming data from the UK next week will play a crucial role in the decision for the March interest rate. It is anticipated that the headline...
Great stuff Pat! Very well explained. Since I am not following BOE, only Fed, this is very helpful to read to understand what BOE's next step could be.
Banks started to prepare for a recession.
Excellent analysis to hear.

Wealthion is another great channel to look at.
https://m.youtube.com/watch?v=a6a_K2fPKUE
SP500 Monthly is still suggesting Short and blue line is slowly getting above the other two lines.

Bitcoin Monthly is also suggesting Short and 16500 was actually the end of Buy Zone from where the price bounced off.

However, candles are still unable to cross Monthly gray line resistance, closing below gray line month to month.

If candle breaks (Monthly) gray line, this will be huge bullish signal. For now, we'll see.

DXY on H4 chart about to confirm Long. Blue line below and one or two candles away from Long signal (gray crossing with yellow line).
it all depends on who wins the superbowl
in wondering about yourself, you forgot what you came here to be part of
Quoting SnailFX
Banks started to prepare for a recession. Excellent analysis to hear. Wealthion is another great channel to look at. https://m.youtube.com/watch?v=a6a_K2fPKUE
Hi buddy. We have in the West the baby boom beginning in 1957 and ending in 1977. Those born in 1957, in general and depending on which country, began to retire 2 years ago. It is an exponential curve. Forget about the recession but a total collapse unless there is an exceptional situation such as a pandemic that mainly takes away the elderly. Common sense.
Train your eyes
What is the purpose of one's life?

Serious question often not taken seriously.

Why do we have internal voice?
Where does it come from?

Should one follow the internal voice and explore its meaning even if it means taking risk?
What is the cost of not following ones internal voice?

Why did you end up here? Does everything major that happens happens for a reason?
If one doesn't believe it, what is the consequence of not believing?

What is success?
Making a lot of money?

Wouldn't say so. I would say success is when one finally grasps why one thinks the way one thinks. Success is when one is finally following the path that was predetermined.

Success is when you can say, I know who I am.

When does one experience peace?

When one is on the right path and knows it.

What is failure?

Failure is when one knows one didn't follow ones path.

What is the most common thing people say when the end comes?

People say they are sorry for not going for it, for not walking on the path they were supposed to be walking on.
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What is the worst thing that can happen to someone if one tries and if one doesn't try to go for it?

What does successful people say?

Oh, I have failed. I have failed a lot!
That didn't matter though. I knew who I was and what I am destined for, because of that, there was never any reason to stop or start doubting myself. For me, there was only one destiny I was willing to accept.

Good luck!
"What is the purpose of one's life?"
As every biologist will tell you: reproduction

"Why do we have internal voice?"
We don't have one, actually - except through teachings of morality etc (superego etc)

"What do successful people say?"
Successful people invent a narrative that makes the luck they had in life sound as if it was their decision (or merit) to become who they eventually became.

"For me, there was only one destiny I was willing to accept."
For one person who by pure contingency was lucky enough to succeed there will be millions who were less lucky in life.
Their failure is a never ending fall into the abyss.
Their story simply isn't told by people who write all those self-help-books you seem to have devoured.

Evolution is a huge trial&error-mechnanism, i. e. all accidental changes that don't work are simply wiped out.
Nobody ever hears about them.
Quoting SnailFX
What is the purpose of one's life? Serious question often not taken seriously. Why do we have internal voice? Where does it come from? Should one follow the internal voice and explore its meaning even if it means taking risk? What is the cost of not following ones internal voice? Why did you end up here? Does everything major that happens happens for a reason? If one doesn't believe it, what is the consequence of not believing? What is success? Making a lot of money? Wouldn't say so. I would say success is when one finally grasps why one thinks...
We exist because we are energy. Energy is governed by coordinates and time. Everything else is artificially created to justify what we do not understand. This is my opinion and I don't think I can comprehend more.
Train your eyes
Quoting Robinhood1
{quote} We exist because we are energy. Energy is governed by coordinates and time. Everything else is artificially created to justify what we do not understand. This is my opinion and I don't think I can comprehend more.
Is everything energy, then? If so, we don't know who/what we are, as we can't say who/what we are not.
And we haven't even talked about the law of conservation of energy vs entropy yet (not to mention Schrödinger's cat):
So the question of "coordinates" and "time" is very much open on all sides...
Quoting josi
"What is the purpose of one's life?" As every biologist will tell you: reproduction "Why do we have internal voice?" We don't have one, actually - except through teachings of morality etc (superego etc) "What do successful people say?" Successful people invent a narrative that makes the luck they had in life sound as if it was their decision (or merit) to become who they eventually became. "For me, there was only one destiny I was willing to accept." For one person who by pure contingency was lucky enough to succeed there will be millions who were...
Interesting.

You admit to having no internal voice yourself.

What does success mean to you?
Why do you think they were lucky?
Those people who aren't lucky, did they really put everything they had on the line or did they stop believing it's possible?

Why do successful people annoy you? Do they shine the light on the part of your life that you don't like?

Not one self-help book have I read so far. These are all my thoughts.
I believe everyone can succeed if they believe in themselves and go for it.

You are the case of one who doesn't believe it seems.
What are the consequences? Consequence is that nothing makes sense and everything is purely accidental in nature. Why bother when I don't have to?

Can you see how belief makes a difference?
When you believe, everything is easier, when you don't you are left with bad consequences. You are left in the dark.

Why not try? If it fails, you will probably go back to where you currently are.

I say go back, because I think one should respect oneself more and live this one life we got the way one wants to live it.

Thanks for reply!
Quoting josi
{quote} Is everything energy, then? If so, we don't know who/what we are, as we can't say who/what we are not. And we haven't even talked about the law of conservation of energy vs entropy yet (not to mention Schrödinger's cat): So the question of "coordinates" and "time" is very much open on all sides...
Yes, it is the closest i can get on the topic.

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Train your eyes
Quoting Robinhood1
{quote} Yes, it is the closest i can get on the topic. https://www.youtube.com/watch?v=mRMIzf34xps&t=45s
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Quoting josi
{quote} https://www.youtube.com/watch?v=VGp11BIGhfA
The thermal energy constantly given off by the human body corresponds on average to that of a 100-watt light bulb. Every day, an adult releases an average of three kilowatt hours of energy, an amount that could run an LCD TV for 30 hours.
Train your eyes
My view that Gbpusd will move up to 1.2050, however trend remains down.
Sorry 1.20950 is tp
checking for probable pa, after a bull signal it nose dived and still over immediate previous low , that is in bull territory , may try a bottom formation to bull . lets see how evolve . so sideways to range down as start ! take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
Quoting SnailFX
What is the purpose of one's life? Serious question often not taken seriously. Why do we have internal voice? Where does it come from? Should one follow the internal voice and explore its meaning even if it means taking risk? What is the cost of not following ones internal voice? Why did you end up here? Does everything major that happens happens for a reason? If one doesn't believe it, what is the consequence of not believing? What is success? Making a lot of money? Wouldn't say so. I would say success is when one finally grasps why one thinks...
success is when . . .
Hmmm . . .Perhaps success is simply figuring out what success is for you
The markets are speaking to you. Do you know their language? I M T
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