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Cable Update (GBPUSD)

  • #730,221
  • Feb 19, 2023 9:52am Feb 19, 2023 9:52am
Quoting Waveskierrob
{quote} If me and PAT CHIKO were the same person we would definitely be this bloke...
Insane in the Brain..
  • #730,222
  • Feb 19, 2023 10:32am Feb 19, 2023 10:32am
Bit slow today, just wasted a whole Sunday ...
  • #730,223
  • Feb 19, 2023 10:55am Feb 19, 2023 10:55am
Quoting Jolita
I was doing some reading and playing with charts available on Trade Economics website. Macro modeling predicts GU reaching 1.18 this quarter abd 1.11-1.12 in 12months time. Dollar index reaching 110, UJ 145, Crude lower. Daily analysis can guide you through your journey. Broad term charts available with availabily to add any data indicator. 10 year chart with interest rate {image} 10 year curve {image} 1 year started its downtrend. {image}

Hi Joli
pls what time ur daily candle closed on IG

i always get new daily candle when London closed
MY OPINION NOT FINANCIAL ADVISE
  • #730,224
  • Feb 19, 2023 12:02pm Feb 19, 2023 12:02pm
With some luck we will see this move till the rest of the month.
Attached Image (click to enlarge)
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  • #730,225
  • Feb 19, 2023 12:11pm Feb 19, 2023 12:11pm
Quoting Whale
With some luck we will see this move till the rest of the month. {image}
Would be happy with that so I could close me SHORTS...
  • #730,226
  • Feb 19, 2023 12:18pm Feb 19, 2023 12:18pm
Quoting donfriday
{quote} Hi Joli pls what time ur daily candle closed on IG i always get new daily candle when London closed
Hi Don, sorry just saw, nice day, just came back from my cycle ride.

Closed at 12042.8
Attached Image (click to enlarge)
Click to Enlarge Name: _20230219_181232.JPG Size: 113 KB


Whats on your mind for next week?
Did you see Rishi"s speach during summit? He is also working on finalising a deal with Northern Ireland, only deal will delay and some members might vote against it.
  • #730,227
  • Feb 19, 2023 12:21pm Feb 19, 2023 12:21pm
Is it just me but is everyman/woman and their dogs predicting the end of the world on YouTube...
  • #730,228
  • Feb 19, 2023 12:27pm Feb 19, 2023 12:27pm
Quoting Waveskierrob
Is it just me but is everyman/woman and their dogs predicting the end of the world on YouTube...

Inserted Video
in wondering about yourself, you forgot what you came here to be part of
  • #730,229
  • Feb 19, 2023 12:28pm Feb 19, 2023 12:28pm
Quoting Waveskierrob
{quote} Would be happy with that so I could close me SHORTS...
yeah I’m not sure about it..
what brokers usually do after kind of Friday is simply open with gap down and a big spread.
price will drop around 20/25 precent on the move and keep it up.

Dxy is open a bit later than the fx market, on Friday it open with a big gap up, so maybe today it will be the same

only speculation by me, do not follow my shit
  • #730,230
  • Feb 19, 2023 12:39pm Feb 19, 2023 12:39pm
Quoting Pat Chiko
More hindsight trades? Also, do you believe that sharing hindsight trades is valuable for gaining knowledge and improving trading skills? EU{image}
Pat can u prove your trades are live?
  • #730,231
  • Feb 19, 2023 12:58pm Feb 19, 2023 12:58pm
Quoting Jolita
{quote} Hi Don, sorry just saw, nice day, just came back from my cycle ride. Closed at 12042.8{image} Whats on your mind for next week? Did you see Rishi"s speach during summit? He is also working on finalising a deal with Northern Ireland, only deal will delay and some members might vote against it.


the 2 candles is my friday high and low infact the friday candle started on Thursday London closing
i need to contact IG i am confused about this.



my cable view is on the dxy
1st week is often a retracement and i am not sure if a single rejection is enough gbpusd is bullish mode still maybe for now .
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBP_USD_20230219_18.38.png Size: 26 KB
Click to Enlarge Name: DXY_2023-02-19_18-56-16.png Size: 19 KB
MY OPINION NOT FINANCIAL ADVISE
  • #730,232
  • Feb 19, 2023 1:06pm Feb 19, 2023 1:06pm
Quoting nAVIN2007
{quote} Pat can u prove your trades are live?

Can you follow Pat's posts?
He posts his trades when he enters them and when he exits.
ForexFactory time stamps the posts.
What more do you need?
  • #730,233
  • Feb 19, 2023 2:00pm Feb 19, 2023 2:00pm
Quoting dantpm
{quote} Can you follow Pat's posts? He posts his trades when he enters them and when he exits. ForexFactory time stamps the posts. What more do you need?
I asked a question..can u prove they are live trade or live account
perhaps i did not emphasize the live trade or live account..

I do not need it..it is a question
  • #730,234
  • Edited 5:44pm Feb 19, 2023 2:23pm | Edited 5:44pm
Quoting nAVIN2007
{quote} I asked a question..can u prove they are live trade or live account perhaps i did not emphasize the live trade or live account.. I do not need it..it is a question
His trading statements from MetaTrader suggest that it is a real account. What other proof would you suggest would be acceptable to you? Has any other trader that you know offered or been asked to provide more proof than that?
  • #730,235
  • Feb 19, 2023 2:23pm Feb 19, 2023 2:23pm
GBPUSD price action on the H4 time frame took on a bullish corrective mode after a bearish breakdown of a rising flag (magenta) in the context of a bearish momentum shift from the 1.22600/1.24700 horizontal resistance zone (red). Personally, I am bearish the GBPUSD, but, as a medium-term swing trader, I want to first see a bullish retest of an area of value, such as the 1.21460/1.22070 intra-day resistance area (blue), followed by a bearish momentum shift.


I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 14 KB
Do your homework, follow the footprints of smart money
  • #730,236
  • Feb 19, 2023 2:49pm Feb 19, 2023 2:49pm
1.20450 is resistance.
  • #730,237
  • Feb 19, 2023 3:17pm Feb 19, 2023 3:17pm
I see there has been a lot of living during weekend
How to succeed in zero sum game?
  • #730,238
  • Feb 19, 2023 3:36pm Feb 19, 2023 3:36pm
My bias is bearish however , it is ranging ...my reference point on the daily chart is 1.21437
  • #730,239
  • Feb 19, 2023 3:42pm Feb 19, 2023 3:42pm
Quoting nAVIN2007
{quote} I asked a question..can u prove they are live trade or live account perhaps i did not emphasize the live trade or live account.. I do not need it..it is a question
Hi Navin, how're you?

Wondering what is the reason you are asking the question?

If I where in Pat's shoes, I would never even think of sharing any live trades on the open forum for many reasons.
Why? His business is his business
I would be happy to study using his demo charts. It would not matter to me, but will appreciate he shares his knowledge and ideas with me.
  • #730,240
  • Feb 19, 2023 3:45pm Feb 19, 2023 3:45pm
Quoting Jolita
{quote} Hi Navin, how're you? Wondering what is the reason you are asking the question? If I where in Pat's shoes, I would never even think of sharing any live trades on the open forum for many reasons. Why? His business is his business I would be happy to study using his demo charts. It would not matter to me, but will appreciate he shares his knowledge and ideas with me.
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