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Cable Update (GBPUSD)

  • #850,321
  • Jan 10, 2025 4:17am Jan 10, 2025 4:17am
GU taking long to pop to the upside. Seems to be stuck.
  • #850,322
  • Edited 4:59am Jan 10, 2025 4:19am | Edited 4:59am
...you can see on the dly t/f below that the 2323 current p/back hi (of the downmove) is challenging the wide dly/wkly/mthly parts of the prev 4hr/dly/wkly/mthly sw lo zone = prev supp = port sbr that starts @ last yr's 2300 lo. Above it on this dly t/f another more recent one (and part of the down move from 3434,) that starts @ 2351. Ubiquitous fibs and clusters present to the upside too.

169% of 13wk awr already traveled by price so far this week, on this last trading day of the week. Last mth's 2475 lo - 2nd downside b/o remains true so far.

EDIT: typos

Dly below
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Trader with an Edge.
  • #850,323
  • Jan 10, 2025 5:01am Jan 10, 2025 5:01am
Quoting ThaoAnh
{image}
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  • #850,324
  • Jan 10, 2025 5:19am Jan 10, 2025 5:19am
Come on !!!!!
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yes yes yes
  • #850,325
  • Jan 10, 2025 5:38am Jan 10, 2025 5:38am
Quoting elude
{quote} {image} The dude who wrote this yesterday must be insanely psychic UJ down while GU is going sideways -> GJ down
His analysis for gu suggest 1.23650 before serious drop.to 1.19500 area
So i will be happy if it get to 1.23200 before nfp data , because i want to stay out when they will be released
yes yes yes
  • #850,326
  • Jan 10, 2025 5:40am Jan 10, 2025 5:40am
Quoting Moty
{quote} His analysis for gu suggest 1.23650 before serious drop.to 1.19500 area So i will be happy if it get to 1.23200 before nfp data , because i want to stay out when they will be released
What website is that?
  • #850,327
  • Jan 10, 2025 5:48am Jan 10, 2025 5:48am
Gj
You crazy mf
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yes yes yes
  • #850,328
  • Jan 10, 2025 5:48am Jan 10, 2025 5:48am
Quoting Mitiblotch
{quote} What website is that?
https://forex24.pro/
yes yes yes
  • #850,329
  • Jan 10, 2025 5:49am Jan 10, 2025 5:49am
Quoting elude
{quote} {image} The dude who wrote this yesterday must be insanely psychic UJ down while GU is going sideways -> GJ down
What website is this, please?
  • #850,330
  • Jan 10, 2025 5:49am Jan 10, 2025 5:49am
Quoting Moty
{quote} https://forex24.pro/
Thank you. I'll take a look.
  • #850,331
  • Jan 10, 2025 5:56am Jan 10, 2025 5:56am
Quoting Mitiblotch
{quote} What website is this, please?
Moty answered
  • #850,332
  • Jan 10, 2025 6:14am Jan 10, 2025 6:14am
@Moty; @Mitiblotch,

Not necessarily always follow what he says, who knows, he may be one of the liquidity providers, our enemy.
One day may ruin our accounts
  • #850,333
  • Jan 10, 2025 6:20am Jan 10, 2025 6:20am
Quoting elude
@Moty; @Mitiblotch, Not necessarily always follow what he says, who knows, he may be one of the liquidity providers, our enemy. One day may ruin our accounts
I don't follow anybody. I long passed that stage. At the stage I'm in, in my head, nobody is as good as me. Thanks for your concern, though.
  • #850,334
  • Jan 10, 2025 6:21am Jan 10, 2025 6:21am
Quoting Moty
Gj You crazy mf {image}
big time! Tempted to keep my long from 19455 running but a good NFP would be a bitch to recover from.
Insane in the Brain..
  • #850,335
  • Jan 10, 2025 6:24am Jan 10, 2025 6:24am
Quoting Mitiblotch
{quote} I don't follow anybody. I long passed that stage. At the stage I'm in, in my head, nobody is as good as me. Thanks for your concern, though.
Awesome!
  • #850,336
  • Jan 10, 2025 6:28am Jan 10, 2025 6:28am
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Long both. SL @ BE now.

If $JY jerks up [ I am long $JY, too ] then a new stab in E. and BP is probable.

Good luck to all, crew..............

  • #850,337
  • Jan 10, 2025 6:44am Jan 10, 2025 6:44am
All out at the red candle
I gave up it will get to 1.23202 before the nfp data
This us my accivment from Wednesday
Today profit was 169 $
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yes yes yes
  • #850,338
  • Jan 10, 2025 6:54am Jan 10, 2025 6:54am
Closed GJ £10 hit not taking risk, if poor NFP I will jump in later
Insane in the Brain..
  • #850,339
  • Jan 10, 2025 6:58am Jan 10, 2025 6:58am
Quoting Mitiblotch
{quote} I don't follow anybody. I long passed that stage. At the stage I'm in, in my head, nobody is as good as me. Thanks for your concern, though.
That's just a statement of fact... Accumulated wealth of experience makes a trader steady in decision making process.

Going Short here with 20 pips Stop. Wanna take the risk for fun... Sometimes, it's good to give back

Wishing myself goodluck.
Market Structure is the King.....
  • #850,340
  • Jan 10, 2025 7:10am Jan 10, 2025 7:10am
Approaching high impact news ! So far stayed up only to how it jerks , both sides may play . Down play signal with 2302 and 2282 and upside 2324.take all care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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