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Cable Update (GBPUSD)

  • #851,321
  • Jan 21, 2025 11:43pm Jan 21, 2025 11:43pm
Quoting SabkaBaap
In long 1.2334 sl-1.2318 tp-1.2398—R1
Great ! I like such precise trading calls. right or wrong
  • #851,322
  • Jan 22, 2025 12:13am Jan 22, 2025 12:13am
everything actually speaks for further price rises
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trading is like dancing, don't think and just listen to the music!
  • #851,323
  • Jan 22, 2025 12:23am Jan 22, 2025 12:23am
Quoting Pat Chiko
{quote} EU Update scalping position and guessing the next move{image}
EU
Still waititng for break above or rejection.
As market would like to wait and see first.
Nervous EU of Trump proposal to impose tariff.
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Further point to conside, to the above techincal, were watching the the reaction from Trump announced plans to impose tariffs on EU and China starting 1st.February.

On Wednesday, the ECB President, Christine Lagarde, will deliver a speech that could influence the markets. (Note ,she always screw up most of the times)

The we got Trump's policies might strengthen the U.S. dollar, which could put pressure on the euro.
Expect for the ECB to adopt a dovish stance are growing.

Anticipate a rate cut on 30thJanuary and predict the benchmark rate will drop to 2% by the end of the year.

Enjoy the trade, and watch for Trump next move.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #851,324
  • Jan 22, 2025 12:30am Jan 22, 2025 12:30am
Quoting Pat Chiko
{quote} GU Update and guessing for next move{image}
CABLE

Same as EU on the price structure and set up.
Too much of waititng game until we see Trump next action.
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Technically, this EW can be start of EW3, the price break above and hdol.
If it is EW C, the it will reject and continue down momentum.
Best id to waitfor structure cllue

Further, cable steady at 1.2346 after a two-day rally.
Trump confirmed that a universal tariff hike is still being considered.

However, the USD remains stable as Trump did not impose new tariffs on his first day in office.
The Federal Reserve (Fed) is expected to keep its benchmark interest rate between 4.25% and 4.50% during the January meeting.

Trump's policies could raise inflation, potentially limiting the Fed to just one more rate cut.

BoE is likely to cut interest rates in February.
Markets expect one or two more cuts after that.
Recent data showed slower-than-expected inflation and weaker economic growth, leading to expectations of a 25-basis-point rate cut to 4.5% during the BoE's meeting on 6th.February.

Wait and see first., we got some other pair to trade with beeter set up, eg. like YEN crosses or Indexes.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #851,325
  • Jan 22, 2025 12:44am Jan 22, 2025 12:44am
Quoting Fardeen1209
{quote} I also i ask you where the liquidity injected by central bank goes. But you cannt reoly me. Even your buddy, the detective, cannt reply me the correlation between USD and BTC & Gold. And you lot is expected to make it in trading, lmfao.
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P/S some hand written note.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #851,326
  • Jan 22, 2025 12:45am Jan 22, 2025 12:45am
Great couple of posts Pat, just what this thread needs.
  • #851,327
  • Jan 22, 2025 12:46am Jan 22, 2025 12:46am
Of late, this thread has turned out to be very quiet.

Maybe we need Maheee to come back to revive it.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #851,328
  • Jan 22, 2025 12:52am Jan 22, 2025 12:52am
Quoting Waveskierrob;15123710[B
]Great couple of posts Pat[/b], just what this thread needs.
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I prefer not to give too much credit to my posts, as it could cause unnecessary jealousy and irritation among members.
While I want to stay humble like you, I’m trying to keep my subscribers to a minimum (only active ones should stay).

I’m even considering asking the Forex Factory moderator to remove my badge and exempt me from being placed in the color-ranked members.
Unless FF got a scheme that pay 100 pips per subsriber per months, then im on it.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #851,329
  • Jan 22, 2025 12:57am Jan 22, 2025 12:57am
Anyhow, this is how I see it.
You make think diffenr;yly, but its okey to disagree.

Best liquidity pools to use for the draw on liquidity, bias and potential reversal points:
1. Previous Days High
2. Previous Days Low
3. Previous Weeks High
4. Previous Weeks Low
5. London High
6. London Low
7. Asian Range High
8. Asian Range Low
9. Equal Highs
10. Equal Lows
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #851,330
  • Jan 22, 2025 12:59am Jan 22, 2025 12:59am
Quoting Pat Chiko
{quote} {image} I prefer not to give too much credit to my posts, as it could cause unnecessary jealousy and irritation among members. While I want to stay humble like you, I’m trying to keep my subscribers to a minimum (only active ones should stay). I’m even considering asking the Forex Factory moderator to remove my badge and exempt me from being placed in the color-ranked members. Unless FF got a scheme that pay 100 pips per subsriber per months, then im on it.
That's the main reason I credit your posts....yes I'll take the money...mum's the word...
  • #851,331
  • Jan 22, 2025 1:00am Jan 22, 2025 1:00am
Quoting kevin1959
{quote} Sorry Dempire. I don't understand what you are getting at apart from clutching at straws and dragging posts up from 2016. I might be sounding a bit thick here but kindly show me where I have lied. My credibility is intact. Yours is not. Regards Kev
Kevin........
just some thought
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nothing will hurst you.
All in good hand and intact.

Stay cool Bro
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #851,332
  • Jan 22, 2025 1:03am Jan 22, 2025 1:03am
My Newbie gem:

Every high probability move starts with a stop hunt into a HTF level (FVG, OB, etc)
High probability isn't random.
It's all about the HTF framing.

Shake out the weak, then ride the real move.
If you're not looking for this you're leaving money on the table.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #851,333
  • Jan 22, 2025 1:08am Jan 22, 2025 1:08am
Trading's a mind game.
90% mental, 10% charts.

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Even if you have a killer strategy but your brain's not wired right, you're fucked.
Know your own BS and have iron discipline.
Fix your head, then worry about your wallet.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #851,334
  • Jan 22, 2025 1:12am Jan 22, 2025 1:12am
Quoting Pat Chiko
{quote} {image} I prefer not to give too much credit to my posts, as it could cause unnecessary jealousy and irritation among members. While I want to stay humble like you, I’m trying to keep my subscribers to a minimum (only active ones should stay). I’m even considering asking the Forex Factory moderator to remove my badge and exempt me from being placed in the color-ranked members. Unless FF got a scheme that pay 100 pips per subsriber per months, then im on it.
If you don't have a red badge, you are subject to bullies suspending you.
It's a dangerous realm here full of traders frustrated with their trading or arrogant with success looking to offload their mood on somebody.
  • #851,335
  • Jan 22, 2025 1:12am Jan 22, 2025 1:12am
Got to go for now.
Maybe later or some other day, when im free.

But, please enjoy this while waititng to London open

Fly Me To The Moon
Inserted Video
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #851,336
  • Jan 22, 2025 1:15am Jan 22, 2025 1:15am
Quoting Pat Chiko
My Newbie gem: Every high probability move starts with a stop hunt into a HTF level (FVG, OB, etc) High probability isn't random. It's all about the HTF framing. Shake out the weak, then ride the real move. If you're not looking for this you're leaving money on the table.
What a relief...good thing I don't use stops.
  • #851,337
  • Jan 22, 2025 1:16am Jan 22, 2025 1:16am
Quoting Pat Chiko
Trading's a mind game. 90% mental, 10% charts. {image} Even if you have a killer strategy but your brain's not wired right, you're fucked. Know your own BS and have iron discipline. Fix your head, then worry about your wallet.
I should applay there.
  • #851,338
  • Jan 22, 2025 1:51am Jan 22, 2025 1:51am
special care needed for eurusd as more bullish . so all sr next to care 0397 and 0386 like now 0418 .
corresponding gbpusd 2294/87 and 81 srs next
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #851,339
  • Jan 22, 2025 2:07am Jan 22, 2025 2:07am
GBPUSD UPDATE 22/1/25
Waiting for pullback to minimum of 1.2295 to start looking for a buy.

4 hour trend has turned bullish after touching the weekly Support which acted as a strong resistance against daily bearish trend.

Intraday sentiment remains trending inside 30 min. while it has become mixed in 10/15 min. chart.

This might be the beginning of a strong price move to test 1.25xx to 1.27xx zone.

Trade management is key.

Have a nice pipping day.
Market Structure is the King.....
  • #851,340
  • Jan 22, 2025 2:08am Jan 22, 2025 2:08am
Quoting trumps
{quote} This selling at the bottom strategy I've been reading about, I feel like I'm missing something It doesn't seem to work as well as selling high up.... On a more positive note, we are rapidly approaching 2360 area resistance. {image}
just added another short
Compulsions can be hard to resist
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