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Cable Update (GBPUSD)

  • #851,421
  • Jan 22, 2025 4:24pm Jan 22, 2025 4:24pm
CHFJPY SHORT
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My telegram: https://t.me/avidforex
  • #851,422
  • Jan 22, 2025 5:07pm Jan 22, 2025 5:07pm
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GU, Sold @ 1.23130; SL 1.23320, 22 PIPs ( 0.58% equity); TP 1.22470, 85 PIPs
  • #851,423
  • Jan 22, 2025 5:30pm Jan 22, 2025 5:30pm
Quoting W0lfram
{quote} {quote} Got a retrace and even bullish close. 1.2345 - Jan VAH Greetings to the retarded to the filth Unter... folks, who belittle those who publish statistics and objective methods. Tomorrow close < 1.23? ~7% {image} The next candle after one we had today (long wick, 0 < close < 50 pips). Spike at 25-50 bin. Overall seems like 'hammer' or whatever is 50/50 pattern, like other patterns. {image}

Thank you, statistics 101
Air force
  • #851,424
  • Jan 22, 2025 5:31pm Jan 22, 2025 5:31pm
Quoting trumps
{quote} Actually, my money would be on 2430 for a bearish reversal if I wasn't already short
not sure on this after today.
Compulsions can be hard to resist
  • #851,425
  • Jan 22, 2025 5:32pm Jan 22, 2025 5:32pm
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}
Looks like this atm. 2360 area resistance. It’s a sell zone.
Compulsions can be hard to resist
  • #851,426
  • Jan 22, 2025 6:03pm Jan 22, 2025 6:03pm
Quoting teprewitt23
{quote} agree with your sentiment EU 1.0479 GU 1.2477
That one comes from Options, let's see
Air force
  • #851,427
  • Edited 11:59pm Jan 22, 2025 9:07pm | Edited 11:59pm
Quoting fontu
testing first confirmation at 2313 , waiting for breaks and hold for 2nd confirmation 2228 , if so then extension 4 down at 2197 likely too also waiting signal from eurusd breaks and hold 0410 and 00 Update: may be enough today , still waiting 2312 / actually 2300 breaks hold ! {image} {image} {image}
So overnight breaks and hold 2312 , so watching for next levels possible for correction of a new bull set up !!
Next important sr goes to 2271 before 2228 having enough bounce power / pullback !
Corresponding signal from eurusd at breaks and hold 0393 for 0370 sr
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #851,428
  • Jan 22, 2025 9:17pm Jan 22, 2025 9:17pm
Quoting Pat Chiko
{quote} {image} P/S some hand written note.
Hi bro, Saw this setup in Nikkei, Could it be something that can be banked on?
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What i read couple days ago, is that the 25bps rate hike is well discounted in present value, and BOj is said to deliver a 'Dovish Hike.'

So Green setup is, rate hike with Ueda Dovish and Eco outlook dont have major changes.

Red Setup, No rate hike in Jan, then by March, based on possibility for Universal Trump Tariffs to be in effect by Feb, couple with the already struggling JAP economy, plus the rate hike in march, may weighs on the index.

Everything will depend on how price will flirt with the Upper range resistance. BO/RT (hodl) or BO/Traded back in the range.

P/S: Did you know that JAV (Japanese Adult video) is one of the most liquid industry in Japanese market. Some "traders" here who have weak mindset, may look for opportunity to become famous and rich in the JAV industry, since trading isnt made for the weak mind.
More time in the market, does not mean you trade better!
  • #851,429
  • Jan 22, 2025 9:36pm Jan 22, 2025 9:36pm
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yes yes yes
  • #851,430
  • Jan 22, 2025 9:43pm Jan 22, 2025 9:43pm
Quoting RoelsMajor
Long GU Initial Risk one unit 43 pips (0,71%) Initial Target 3x (129 pips) Wish me luck! {image} {image}
Nice scalping setup, same with mine, even tho i stopped trading GU, long time ago
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Swing failure BO/RT.
More time in the market, does not mean you trade better!
  • #851,431
  • Jan 22, 2025 9:49pm Jan 22, 2025 9:49pm
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yes yes yes
  • #851,432
  • Jan 23, 2025 12:12am Jan 23, 2025 12:12am
Quoting Fardeen1209
{quote} Hi bro, Saw this setup in Nikkei, Could it be something that can be banked on? {image} What i read couple days ago, is that the 25bps rate hike is well discounted in present value, and BOj is said to deliver a 'Dovish Hike.' So Green setup is, rate hike with Ueda Dovish and Eco outlook dont have major changes. Red Setup, No rate hike in Jan, then by March, based on possibility for Universal Trump Tariffs to be in effect by Feb, couple with the already struggling JAP economy, plus the rate hike in march, may weighs on...

ahh now I see why you protect Patricia (Pat Chiko) so much. You are a student of a fraud hahah. No wonder you can’t make it hahahah

Check here Patricia or Gibril will photoshop you some pics to continue your maddness: https://www.forexfactory.com/thread/...69#post6276169

Continue beating head against the wall people, continue. Here is full post of Pat Chiko adventures. Nothing is made up, backed with facts: https://www.forexfactory.com/thread/...0#post15088640
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How to succeed in zero sum game?
  • #851,433
  • Jan 23, 2025 1:17am Jan 23, 2025 1:17am
Quoting Dutchy3
{quote} GBP on a slower TF may indicate reasons to be specifically LONG ....{image}
GBP prior to London could be taking out LONG SL liquidity. Accumulating for D1 view LONG
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  • #851,434
  • Jan 23, 2025 1:35am Jan 23, 2025 1:35am
Quoting RoelsMajor
Long GU Initial Risk one unit 43 pips (0,71%) Initial Target 3x (129 pips) Wish me luck! {image} {image}
SL hit, 28 pips 2 units (total -0.66%). The price couldn't break through the dragon (average, mean, EMA) despite consolidating below the average for hours.

Quoting Dutchy3
{quote} GBP prior to London could be taking out LONG SL liquidity. Accumulating for D1 view LONG{image}
That's also a possibility. It's suitable for a long-term perspective. Will looking another opportunity after the London Open. This system is actually more suitable for trading and is recommended after London. Now 6 hours before red news, I don't trade during red news, usually 15 minutes after the red news. This account is a prop firm account, and there's also a restriction against trading during red news.

Quoting Fardeen1209
{quote} Nice scalping setup, same with mine, even tho i stopped trading GU, long time ago {image} Swing failure BO/RT.
I don’t quite understand what you’re saying, but thank you for the thought.
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fooled by randomness in art
Meditation All Time Return: 8.9%
  • #851,435
  • Jan 23, 2025 1:39am Jan 23, 2025 1:39am
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  • #851,436
  • Jan 23, 2025 2:11am Jan 23, 2025 2:11am
anything can happen in trading


make sure you are ready for what ever happen
MY OPINION NOT FINANCIAL ADVISE
  • #851,437
  • Jan 23, 2025 2:17am Jan 23, 2025 2:17am
G/M, Bearish-engulf dly candle y/day after price met buyers @ top of the dly part of the prev 1hr/4hr/dly sw lo zone = prev supp = prev sbr = pot sbr that started @ 2351, with a prev 1hr/4hr sw hi zone = prev res = pot res there too with that 38.2% of they 2811-2100 move as added confluence for the short. Dly t/f remains in a general downtrend.

dly below
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Trader with an Edge.
  • #851,438
  • Jan 23, 2025 2:27am Jan 23, 2025 2:27am
...so far today, a downside follow-thru on y/day's bearish dly candle after 2 downside b/o's )1st one false,) and a very slight false 1st downside b./o of the Asian lo to a current dly lo in a prev 30min minor sw hi zone = prev res = pot rbs, around last wk's hi, where some buyers have been encountered.
Asian hi is presently the current dly hi.

1hr below

...will price break south of last wk's 2306 hi again, resulting in a 2nd failed upside b/o ?

4hr below
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Trader with an Edge.
  • #851,439
  • Jan 23, 2025 2:58am Jan 23, 2025 2:58am
EURCHF LONG

Liquidity is real! but it might take you a minimum of 4 to 8 years to discover depending on how smart you are l!
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My telegram: https://t.me/avidforex
  • #851,440
  • Jan 23, 2025 3:05am Jan 23, 2025 3:05am
...last 1hr closed bearishly. Did market just reach down a bit lower just under the Asian lo to trigger some tight sell stops as liquidity - probably retail only?

1hr below
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Trader with an Edge.
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