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Cable Update (GBPUSD)

...price @ the current dly hi has given back over 50% of the YH-AL/CDL/CWL move. Challenging the aforementioned 7 fib cluster now. Price has twice met with rbs demand on small p/backs to prev minor 1hr sw hi zones - prev rbs x 1 = pot rbs, so far today. 97% of 30day adr traveled so far today.
------------------------------------------------
Special mention for Btc/usd whose value off last August's 127000+ all time hi more than halved at it's CDL. It has bounced up from there though.

1hr below
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Order, or Random Chaos, or both?
Quoting Headland
...wow, this thread really has died a death!? Only 2 posts so far during the London session, (3 now with this one,) which is 3hrs 45mins in as I write this. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...7 fib cluster (not all shown on chart below,) running 3585-95 with the already breached Wkly S1 in there too, - this just above the CDH. Slow/small pip range London session so far. 1hr below {image}
With no op to set standards and keep the thread civil and on topic, it just became a toxic cesspool. just my opinion, but FF has gone down the toilet since my old mate Twee retired.
Quoting mallee
{quote} With no op to set standards and keep the thread civil and on topic, it just became a toxic cesspool. just my opinion, but FF has gone down the toilet since my old mate Twee retired.
Hi. I agree. When you look at Ata-Turkoglu's Eurusd only, and Gold with no Drama threads, (that both grew out of, and were a response to, the continual fights/drama/toxicity in the older Eurusd and Gold threads respectively,) they have far more 'registered' members logged in, (as well as the unregistered 'lurkers,') and far more participating in/posting to the threads, than the originals, who have no more than a handful or less registered members logged in and posting at any given time, - much like this thread has become! Personally, I am not here often enough to let it bother me too much, but even so, I am questioning my own ongoing involvement in the thread.
Order, or Random Chaos, or both?
  • #871,784
  • Quote
  • Edited Feb 7, 2026 1:15am Feb 6, 2026 7:56pm | Edited Feb 7, 2026 1:15am
- EU exactly tagged Y_O and stalled inside tight zone between yearly open and mid-range. Volatility is compressed, just waiting for Y_O > break > 1/2
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- DX almost did it...
tl just for illustration. On EU that random imaginary line is different. broken by time decay instead of volatility
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- Sharp bounce from daily poc - imv responsive buying/corrective move, delay of larger drop
Probably no time for 100 pip drop today? Close > 1.35 negates a perfect evenings star on Weekly.
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No effort - no value.
I didn't get the absolute swing low, but close enough, the Euro was disappointing, but I doubled up on AU, NZ and GU, calling it a week, have a great weekend everyone.
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Quoting Headland
{quote} Hi. I agree. When you look at Ata-Turkoglu's Eurusd only, and Gold with no Drama threads, (that both grew out of, and were a response to, the continual fights/drama/toxicity in the older Eurusd and Gold threads respectively,) they have far more 'registered' members logged in, (as well as the unregistered 'lurkers,') and far more participating in/posting to the threads, than the originals, who have no more than a handful or less registered members logged in and posting at any given time, - much like this thread has become! Personally, I am...
as I have always said that this is a drama thread and always will be because of the original author not being around any more to police it, new GU threads have appeared but never lasted, we've got to ask ourselves why, my opinion folks love the drama, the last few years this has been the most popular thread but as the drama has gone down so have the numbers...
Quoting Coreg2004
{quote} Georginson, why do you call them scumbags if thousands of people around the world with sound technical analysis skills knew that such an outcome was possible? (dropping to 75k){image} {image}
That is a new word I just learned. Decided to use it in a sentence. The pair still dropped further to $59,000. The destination looks like $33,000 by October 2026.

I trust you are fine friend.

Quoting Wavegarrick
{quote} Hello George. I prefer not to discuss BTC due to the backlash I had, but yes, I am short from 100k and see 68 to 70k as an immediate target. Big CME gap up towards 80k and possible rejection for further downside. Cheers
Glad to know you are short from 100k. Your target of 70k is already met.
Quoting Fishbones
{quote} Still think 1.40 is in the making?…
Yes if only price doesn't drop below 1.35.
Quoting Georginson
{quote} Yes if only price doesn't drop below 1.35.
thanks
Quoting Guy1969
I didn't get the absolute swing low, but close enough, the Euro was disappointing, but I doubled up on AU, NZ and GU, calling it a week, have a great weekend everyone. {image}
please help me i want to learn trading.boss , i have been following you for a long time and i really like your trading plan.i love you .
how can i contact you?please provide your whatsapp or telegram number?
Quoting Waveskierrob
{quote} {image} {image} {image} {image} {image}

i know you retards in the idiot gang need special tutoring so here goes

the dollar hit resistence 2 ways....price has retraced to 61% on fibs and hit resistence from last daily swing low

if today candle closes red i may have to start rebuying GBP lol
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short trump and go long the deepstate
Quoting Zebi
{quote} i know you retards in the idiot gang need special tutoring so here goes the dollar hit resistence 2 ways....price has retraced to 61% on fibs and hit resistence from last daily swing low if today candle closes red i may have to start rebuying GBP lol {image}
dollar will retest the 95 level

prolly because dickhead attacks iran

i know you idiots in the gang like complicated shit and rely on coregs ewave counts but all one has to do is look at june 22nd when dickhead last attacked iran to see what happened to the dollar

now im off to be with my fellow americans trading ES in the irc chatroom
short trump and go long the deepstate
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5' --- So far so good. . . Patience.......

Quoting Zebi
{quote} dollar will retest the 95 level prolly because dickhead attacks iran i know you idiots in the gang like complicated shit and rely on coregs ewave counts but all one has to do is look at june 22nd when dickhead last attacked iran to see what happened to the dollar now im off to be with my fellow americans trading ES in the irc chatroom
I only follow traders with IQ above 160
Challenger Max II All Time Return: 6,122.5%
Quoting Waveskierrob
{quote} as I have always said that this is a drama thread and always will be because of the original author not being around any more to police it, new GU threads have appeared but never lasted, we've got to ask ourselves why, my opinion folks love the drama, the last few years this has been the most popular thread but as the drama has gone down so have the numbers...
Hi. Mate, I think we are looking at it from different ends of the spectrum lol. I would argue it's the other way around from the hypothesis you put forward, as I alluded to in my post above, and certainly if the evidence of those 2 threads I mentioned in that post, are anything to go by. I accept though that I could be wrong. Re the further point in your post; I don't know why 'alternative' cable threads opened generally by folk who have left here because of the drama, have failed. Maybe an alternative depends on who the thread starter is? It might take a 'big-hitter' to do it? I don't know. Anyways.....
Order, or Random Chaos, or both?
Target hit
Quoting Headland
{quote} Hi. Mate, I think we are looking at it from different ends of the spectrum lol. I would argue it's the other way around from the hypothesis you put forward, as I alluded to in my post above, and certainly if the evidence of those 2 threads I mentioned in that post, are anything to go by. I accept though that I could be wrong. Re the further point in your post; I don't know why 'alternative' cable threads opened generally by folk who have left here because of the drama, have failed. Maybe an alternative depends on who the thread starter is?...
Yes maybe someone with great credibility such as yourself would start a new GU thread and leave this old one as a sacrificial drama thread ...
Quoting Zebi
{quote} i know you retards in the idiot gang need special tutoring so here goes the dollar hit resistence 2 ways....price has retraced to 61% on fibs and hit resistence from last daily swing low if today candle closes red i may have to start rebuying GBP lol {image}
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Quoting Waveskierrob
{quote} Yes maybe someone with great credibility such as yourself would start a new GU thread and leave this old one as a sacrificial drama thread ...
Lol, thanks for the compliment. If it were to happen it would need someone who a. Is here more often than I am, and b. Gives a shit. ie: If it doesn't contribute to my ability to make money from my trading activity, - I don't, or at least, not enough.
Order, or Random Chaos, or both?
Quoting Headland
{quote} Lol, thanks for the compliment. If it were to happen it would need someone who a. Is here more often than I am, and b. Gives a shit. ie: If it doesn't contribute to my ability to make money from my trading activity, - I don't, or at least, not enough.
Maybe ask GoldGod , as his " Gold without drama" is so popular, start one with GU and EU combined
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