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Cable Update (GBPUSD)

  • #805,941
  • Jan 30, 2024 8:04am Jan 30, 2024 8:04am
Quoting SabkaBaap
Can somebody tell me adr fr GU today?....not able to find suitable indicator to find ADR
just wait until rollover, then you can measure the exact daily range, no need for averages.
hope this helped!
  • #805,942
  • Jan 30, 2024 8:12am Jan 30, 2024 8:12am
Vindication
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Don't Leave Money on the Table
  • #805,943
  • Jan 30, 2024 8:12am Jan 30, 2024 8:12am
Quoting Pat Chiko
{quote} GU Gimme one spike before the upcoming data release. {image}
Doing well. My TP is @ 1.26900
  • #805,944
  • Jan 30, 2024 8:13am Jan 30, 2024 8:13am
Quoting Headland
...y/day's 2662 lo looking vulnerable to a downside break? I wonder whether there if there is any demand in the white circled area if tested? Wkly S1, Dly S2 and 76.4% 2596-2775 in there too. Retail stops likely below those prev 4hr sw lo zones and some institutional below 2596? 4hr below {image}
Thanks Headland.

You've very sharper eyes
Those are my POI based on Wyckoff phase.

Chart below
Attached Image (click to enlarge)
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Nothing recorded here is in anyway a financial advice
- This is my technical analysis for this pair.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #805,945
  • Jan 30, 2024 8:13am Jan 30, 2024 8:13am
long
1.27108 tp1

1.27536 tp2
My telegram: https://t.me/avidforex
  • #805,946
  • Jan 30, 2024 8:15am Jan 30, 2024 8:15am
closed all trades before news.

see y’all after
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#Stay blue. /swinger/scalper/
  • #805,947
  • Jan 30, 2024 8:16am Jan 30, 2024 8:16am
Mf !!!!!!!!
The stopped hunt me. And went up
For 26 pips
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yes yes yes
  • #805,948
  • Jan 30, 2024 8:20am Jan 30, 2024 8:20am
Quoting BigNumbers
long 1.27108 tp1 1.27536 tp2
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My telegram: https://t.me/avidforex
  • #805,949
  • Jan 30, 2024 8:22am Jan 30, 2024 8:22am
Quoting Pat Chiko
{quote} Thanks Headland. You've very sharper eyes Those are my POI based on Wyckoff phase. Chart below{image} Nothing recorded here is in anyway a financial advice - This is my technical analysis for this pair.
Hi Pat. Just different ways of doing things.... Re potential supp/res - it's the essential question if you plot it/use it as part of your edge, isn't it? Ie; Is it more likely to break or bounce. I begin to get an idea re my edge as price approaches it, but part of my edge and the final part of it's 'jigsaw' is whether PA (on the t/f of interest re market entry trigger,) confirms the set-up on that t/f or not. In this case - a nice 5min hammer close did. Then of course - do the subsequently higher t/f's to that used for market entry trigger support the entry re PA? In this case on the hour we got the bullish 15min/30min/1hr/2hr/4hr closes all supportive of the entry and of holding.
Trader with an Edge.
  • #805,950
  • Jan 30, 2024 8:23am Jan 30, 2024 8:23am
Quoting kenny4real
{quote} Doing well. My TP is @ 1.26900
TP lights on . I'm not a greedy trader, just allow me take my daily bread .
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  • #805,951
  • Jan 30, 2024 8:23am Jan 30, 2024 8:23am
Quoting Moty
Mf !!!!!!!! The stopped hunt me. And went up For 26 pips {image}
there is still 18 pips to collect there
Took long
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yes yes yes
  • #805,952
  • Jan 30, 2024 8:25am Jan 30, 2024 8:25am
Ahhhhhh man missed the gold train....concentrating on cable, should have put an elert on
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Don't Leave Money on the Table
  • #805,953
  • Jan 30, 2024 8:25am Jan 30, 2024 8:25am
Another shoulder and another shoulder
Drop allready
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yes yes yes
  • #805,954
  • Jan 30, 2024 8:26am Jan 30, 2024 8:26am
Quoting kenny4real
{quote} TP lights on . I'm not a greedy trader, just allow me take my daily bread . {image}

weldone
#Stay blue. /swinger/scalper/
  • #805,955
  • Jan 30, 2024 8:27am Jan 30, 2024 8:27am
Quoting Pat Chiko
{quote} GOLD "Sustainable trading/ recycle your capital" Taking out on profits at the 62% Fibonacci level, especially given the imminent major data release. In addition, we are employing a sustainable financial approach by using recycled funds to finance this trade. Throughout the process, I have implemented multiple partial take-profits, subsequently re-entering the market during the subsequent pullbacks. This strategy is inspired by global-scale recycling programs, promoting the reuse of funds within the trading account after each partial take-profit....

GOLD

As we approach major data releases, volatility tends to increase in the market.
This is due to the heightened uncertainty regarding the potential impact of the data on asset prices.

In contrast to low volatility in GU, gold has exhibited strength and climbed towards the upper limit of the OB zone, briefly exceeding the fair value gap (FVG) area. This suggests potential resistance at this level.
Anticipate potentially significant price movements following the release of the major data.

Therefore, it is advisable to exercise caution and closely monitor market reactions.
Attached Image (click to enlarge)
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Nothing recorded here is in anyway a financial advice
- This is my technical analysis for this pair.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #805,956
  • Jan 30, 2024 8:29am Jan 30, 2024 8:29am
the GU traded significantly low coming to the end of the month with just 190pips+ traded thereby altering the minimal monthly (High-Low)average of 330pips been traded. Are we still expecting a up spike or a downward movement for parity to be attained?
Keep the Lights on then you can catch the rise from the dark.
  • #805,957
  • Jan 30, 2024 8:32am Jan 30, 2024 8:32am
Quoting Moty
Another shoulder and another shoulder Drop allready {image}
If any 'pair' has a history of not respecting patterns, it is DXY!
  • #805,958
  • Jan 30, 2024 8:33am Jan 30, 2024 8:33am
Quoting Moty
{quote}there is still 18 pips to collect there Took long {image}
risky with data in 30 mins.. could drop hard (unless data is poor)
Insane in the Brain..
  • #805,959
  • Jan 30, 2024 8:37am Jan 30, 2024 8:37am
Quoting BigNumbers
long 1.27108 tp1 1.27536 tp2
may I understand why your TP is so high?
Curious about that
  • #805,960
  • Jan 30, 2024 8:43am Jan 30, 2024 8:43am
Quoting montygoldy
{quote} gold daily candle showing potential for more upside..also weekly has room to go up more…
told ya daily looked too bullish..
Extreme gut feeling trader
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