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Cable Update (GBPUSD)

  • #851,741
  • Jan 26, 2025 4:19pm Jan 26, 2025 4:19pm
Quoting KeenPips
GBPUSD price action on the daily time frame is in a bullish corrective mode. On Friday, price action broke above a mini-area of consolidation to retest the 1.24790 horizontal resistance area. Although we may still see further northward market engineering, the dominant technical structure is bearish. I may be wrong. Trade safe and prosper. KP {image}
I'm watching that TL very closely for a bounce down or break.
Line in the sand moment
Compulsions can be hard to resist
  • #851,742
  • Jan 26, 2025 4:25pm Jan 26, 2025 4:25pm
Quoting trumps
Someone mentioned earlier the monthly pivot nearly always gets tested. It looks like that's the plan this week. It coincides with resistance and the 38.2 fib. Looking at the current structure, I don't think we will get too much of a retrace before moving more north. The grey zone looks like a spot where buys maybe gathered. {image} {image}
gone long in that grey zone.
Compulsions can be hard to resist
  • #851,743
  • Jan 26, 2025 4:55pm Jan 26, 2025 4:55pm
While for one week 120 pips range is nothing - 95% to see 1.26
Given previous week - its 32%
Air force
  • #851,744
  • Jan 26, 2025 5:07pm Jan 26, 2025 5:07pm
Quoting ThaoAnh
{image}
Attached Image (click to enlarge)
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  • #851,745
  • Jan 26, 2025 5:26pm Jan 26, 2025 5:26pm
Out of curiosity. Swing highs (that survived Gaussian smoothing of scale 2) (327 since Jul 2001)

Left histogram
price in format .xx00, .xx50, .xx74, .xx94
Attached Image (click to enlarge)
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Air force
  • #851,746
  • Jan 26, 2025 6:00pm Jan 26, 2025 6:00pm
WEEKLY BIG FALL 1.20**
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #851,747
  • Jan 26, 2025 6:06pm Jan 26, 2025 6:06pm
Quoting Georginson
Sold GU @ 1.2430 ... Target 1.2380.
exited at 1.2458 ... - 28 pips.
Data + Stat + Risk/Emotions Management
  • #851,748
  • Jan 26, 2025 6:17pm Jan 26, 2025 6:17pm
GJ long at 19399 TP 195
Insane in the Brain..
  • #851,749
  • Jan 26, 2025 6:23pm Jan 26, 2025 6:23pm
Quoting ThaoAnh
{quote} {image}
Attached Image (click to enlarge)
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  • #851,750
  • Jan 26, 2025 6:25pm Jan 26, 2025 6:25pm
Quoting Yngwie
Sold 1.2495
closed 40p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #851,751
  • Jan 26, 2025 6:42pm Jan 26, 2025 6:42pm
Quoting Zebi
as long as daily price closes today above that red line price shud continue going up next week so ill be buying dips especially the one that falls to that line {image}
I'm putting buy limits at 2425..2415 and 2405 around this red line to add to my longs

people might wonder why that jagoff zebi picked those numbers ...here's two charts

Friday I posted the first chart which was a daily...the second is the weekly ...so does that make more sense?

it may seem like I pull lines and numbers out of my ass but I have a method that doesn't hurt so much when I do it LOL

draw your lines gentlemen on higher timeframes and when you zoom in you'll know where the important levels are on the smaller charts
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short trump and go long the deepstate
  • #851,752
  • Jan 26, 2025 6:45pm Jan 26, 2025 6:45pm
im off to watch the second nfl championship game
short trump and go long the deepstate
  • #851,753
  • Jan 26, 2025 7:14pm Jan 26, 2025 7:14pm
Quoting ChiForex
WEEKLY BIG FALL 1.20**
Makes no sense.
But compared to your "EU weekly parity" GU is not entirely doomed, I guess
Air force
  • #851,754
  • Jan 26, 2025 7:17pm Jan 26, 2025 7:17pm
Attached Image (click to enlarge)
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Air force
  • #851,755
  • Jan 26, 2025 7:31pm Jan 26, 2025 7:31pm
GBPUSD short
Attached Image (click to enlarge)
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My telegram: https://t.me/avidforex
  • #851,756
  • Jan 26, 2025 7:33pm Jan 26, 2025 7:33pm
Quoting Zebi
im off to watch the second nfl championship game
Go Bills!
  • #851,757
  • Jan 26, 2025 8:17pm Jan 26, 2025 8:17pm
Quoting BigNumbers
GBPUSD short {image}
Let’s do it mate!

Light up your trading week.. I kicked mine with GOLD and GBPUSD sell!

Monday morning profits…
Attached Image (click to enlarge)
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My telegram: https://t.me/avidforex
  • #851,758
  • Jan 26, 2025 8:54pm Jan 26, 2025 8:54pm
Quoting ThaoAnh
{quote} {image}
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  • #851,759
  • Jan 26, 2025 8:58pm Jan 26, 2025 8:58pm
It still looks like gu will take at least another leg up...so I am trying a long.
  • #851,760
  • Jan 26, 2025 9:13pm Jan 26, 2025 9:13pm
Long GU...
fooled by randomness in art
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