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Cable Update (GBPUSD)

  • #850,201
  • Edited 11:06pm Jan 8, 2025 10:05pm | Edited 11:06pm
Quoting mallee
JMO, Short GJ too. {image}
so waiting for 194.47 and 193.47 test ( below 194.06 important ) and breaks before likely a bounce to bear effect. anyway it just starting a bear , both levels are just signal and next confirmations likely happen . watching this beast as well ! . take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #850,202
  • Jan 8, 2025 10:30pm Jan 8, 2025 10:30pm
My next target down is about 1.21. Can't see that happening today or tomorrow, so will look for short term retracement back to 1.2350/1.2365 for now.
  • #850,203
  • Jan 8, 2025 10:56pm Jan 8, 2025 10:56pm
Quoting genadi
{quote} Did you buy at 1.23333?
I actually bought precisely at 1.2333 and fucked up with 18 pips stop. The support at 1.2290/1.2320 is still not properly formed but not convinced price can ever touch 1.2164 before a major pullback.

Latest by next Friday, the coast should be clear for all to see.
Market Structure is the King.....
  • #850,204
  • Jan 8, 2025 11:02pm Jan 8, 2025 11:02pm
took long
daily low 1.29900
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yes yes yes
  • #850,205
  • Jan 8, 2025 11:02pm Jan 8, 2025 11:02pm
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  • #850,206
  • Jan 8, 2025 11:12pm Jan 8, 2025 11:12pm
Quoting Moty
took long daily low 1.29900 {image}
Waooooh! but previous day low already broken to the downside.

Goodluck.
Market Structure is the King.....
  • #850,207
  • Jan 8, 2025 11:12pm Jan 8, 2025 11:12pm
Quoting trumps
Not sure this "selling at the basement" strategy I've been hearing a lot about is going to work this time around, but giving it a shot... {image}
if we don’t get a decent bounce back above 2365 region this week, I think we could go very, very deep.
Compulsions can be hard to resist
  • #850,208
  • Jan 8, 2025 11:15pm Jan 8, 2025 11:15pm
Quoting fontu
{quote} so waiting for 194.47 and 193.47 test ( below 194.06 important ) and breaks before likely a bounce to bear effect. anyway it just starting a bear , both levels are just signal and next confirmations likely happen . watching this beast as well ! . take care {image}
yeah this Yen strength is quite strong took hit now shorting lets see if we can see 193-129
Insane in the Brain..
  • #850,209
  • Jan 8, 2025 11:18pm Jan 8, 2025 11:18pm
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E. and BP 5' --- LONG the BP NOW , as shown...................

  • #850,210
  • Edited 11:47pm Jan 8, 2025 11:29pm | Edited 11:47pm
2272 as a good level stop but looks not any or considerable as others tanking more , eurusd and audusd so target goes to 2106. may half of the yearly low ! anyway watching breaks and hold 2272

watching eurusd as signal when all close and wait next at an intermediate support 0272. ok 0280
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #850,211
  • Jan 8, 2025 11:44pm Jan 8, 2025 11:44pm
Quoting fontu
{quote} so waiting for 194.47 and 193.47 test ( below 194.06 important ) and breaks before likely a bounce to bear effect. anyway it just starting a bear , both levels are just signal and next confirmations likely happen . watching this beast as well ! . take care {image}
nearly 200 pip drop today.. looks like the BoJ will be looking to hire rates soon
Insane in the Brain..
  • #850,212
  • Edited Jan 9, 2025 12:09am Jan 8, 2025 11:54pm | Edited Jan 9, 2025 12:09am
Quoting BeeTogether
{quote} nearly 200 pip drop today.. looks like the BoJ will be looking to hire rates soon
may be , as approached 193.56 , the bear may sluggish and range down for next target 193.23 ! minimum pullback now 194.40. eurusd signal still 15- 20 pips down though for considerable bounce if !care
me done morning session at the same time eurusd test 0280. better breaks down and back though . take care
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #850,213
  • Jan 8, 2025 11:57pm Jan 8, 2025 11:57pm
Quoting Georginson
{quote} Approaching 1.2312.... weekly now 252 pips (75% complete) monthly now 252 pips (50% complete)....
Weekly range now 316 pips (90% complete) monthly range now 316 pips (65% complete).

This January is 1.20 vs 1.27... now adding a buy at 1.2270 for first target of 1.2370.

Buy 2 to be added at 1.2210 all target at 1.2370.
Data + Stat + Risk/Emotions Management
  • #850,214
  • Jan 9, 2025 12:04am Jan 9, 2025 12:04am
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ΒΑΜ Added here NOW at 1.22 50

  • #850,215
  • Jan 9, 2025 12:13am Jan 9, 2025 12:13am
rise like an eagle mf
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yes yes yes
  • #850,216
  • Jan 9, 2025 12:23am Jan 9, 2025 12:23am
Day after day,
Week after week,
Month after month,
Even year after year,
the never ending of trying to catch tops/bottoms cycle.
More time in the market, does not mean you trade better!
  • #850,217
  • Jan 9, 2025 12:24am Jan 9, 2025 12:24am
I got Oct '23 low of 2037 as next main swing target
Compulsions can be hard to resist
  • #850,218
  • Jan 9, 2025 12:32am Jan 9, 2025 12:32am
Quoting trumps
I got Oct '23 low of 2037 as next main swing target
Yes 1.20 is on the radar but a possible bounce to 1.2450 is a possibility before another second wave of selling.
Data + Stat + Risk/Emotions Management
  • #850,219
  • Jan 9, 2025 12:37am Jan 9, 2025 12:37am
come on
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yes yes yes
  • #850,220
  • Jan 9, 2025 12:38am Jan 9, 2025 12:38am
Straight line back up? No pullbacks going down. No pullbacks going up?
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