Cable Update (GBPUSD) | Page 30728 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #614,541
  • Aug 5, 2021 6:23am Aug 5, 2021 6:23am
Quoting Pat Chiko
{quote} GU Wait for price to retest the supply zone. The spike was quick, and price will test it again. Waiting.. {image}
GU

Common... gimme one more spike. !

Attached Image (click to enlarge)
Click to Enlarge Name: gu 014.jpg Size: 76 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #614,542
  • Aug 5, 2021 6:25am Aug 5, 2021 6:25am
Quoting Pat Chiko
{quote} GU Wait for price to retest the supply zone. The spike was quick, and price will test it again. Waiting.. {image}
That was good!
I expect the same. But a little higher. Maybe above the previous high - 1,3957 or even 1,3982.
Holding my longs. Let's see!
  • #614,543
  • Aug 5, 2021 6:25am Aug 5, 2021 6:25am
And this is BOE !!
Intraday only.
  • #614,544
  • Aug 5, 2021 6:26am Aug 5, 2021 6:26am
Close All .......
Attached Image (click to enlarge)
Click to Enlarge Name: GU.jpg Size: 92 KB
Intraday Trading is an Art _ hoda
  • #614,545
  • Aug 5, 2021 6:26am Aug 5, 2021 6:26am
Quoting Pat Chiko
{quote} GU Common... gimme one more spike. ! {image}
Dunno Pat, but this might go higher than that spike. Too much demand around 3908.....
Let's see what happens....
Lost....
  • #614,546
  • Aug 5, 2021 6:27am Aug 5, 2021 6:27am
Quoting bureuk
{image} longed 0.04 lot from 3908.. im not diciplined today. very bad day for me. learning from my mistakes.
wait, will re-trace to 1.3940. I missed to TP, knowing news made no impact.
my TP1 is 1.3940
TP2 is 1.4020
  • #614,547
  • Aug 5, 2021 6:27am Aug 5, 2021 6:27am
GBP dovish. Sell GBP.
  • #614,548
  • Aug 5, 2021 6:27am Aug 5, 2021 6:27am
What a weird reaction to be honest.
I thought this might be a push to 1.4 zone.

Clearly nothing is sure with it's price and the market itself.
I would stay away from it for today. Took my bag and I'm grateful.(Even tho it made an actual (liquidity)gap)


Weekly is still a wild guess if it's an actual Head n Shoulders formation
I make perfect trades. But terribly manage it
  • #614,549
  • Aug 5, 2021 6:28am Aug 5, 2021 6:28am
Quoting BigNumbers
Today's Price action is like a war film... WTF!!! If you don't have a good knowledge of price action 'candle formation" You don't fit-in in today's market.. Prices are constantly shaking off weak holders; may while its heading to its destination... indicators don't know what to read anymore...LOL Please sell USDJPY

Some days we see BEAR in action

Some days we see BULL in action

Some days, both are out of duty in ranging days.

But today is Spikey days.... Good book to read.

Trade Safe Bro.

Attached Image (click to enlarge)
Click to Enlarge Name: spikey day.jpg Size: 131 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #614,550
  • Aug 5, 2021 6:31am Aug 5, 2021 6:31am
Quoting KiwiTrada
{quote} eu 4hr just made a new low, things could start getting interesting for us$ bulls :-)
do you mean EUR/GBP?
0.8470 required to break first for downtrend

edited-
sorry if breaks 0.85 will go to 0.8470

To law for me, I will rather wait to break resistance @ 0.8562
  • #614,551
  • Aug 5, 2021 6:31am Aug 5, 2021 6:31am
Quoting M.Fadly
{image}
NYO i will closed all buy position. stand by for sell with bearish confirmation
Like me, cuts losses quickly. But has more patience and lets his winn
  • #614,552
  • Aug 5, 2021 6:39am Aug 5, 2021 6:39am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 28 KB
yes yes yes
  • #614,553
  • Aug 5, 2021 6:39am Aug 5, 2021 6:39am
Quoting Pat Chiko
{quote} GU Wait for price to retest the supply zone. The spike was quick, and price will test it again. Waiting.. {image}
GU

One more scalp for spikey.
Common GU push higher one more time...

Attached Image (click to enlarge)
Click to Enlarge Name: gu 016.jpg Size: 137 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #614,554
  • Aug 5, 2021 6:42am Aug 5, 2021 6:42am
Quoting Pat Chiko
{quote} GU News Scalp at spike zone Closed at H4 Supply zone {image}
Pat, you are a excellent trader, you do a great work,

Let me show how much I admire you, your work inspires,

and humbly, I congratulate you, excellent analysis of the price action.

Damian Condori.
  • #614,555
  • Aug 5, 2021 6:42am Aug 5, 2021 6:42am
Really choppy
Attached Image (click to enlarge)
Click to Enlarge Name: B50B6D5C-B7FD-4AB9-A92E-9D79C3137337.png Size: 386 KB
  • #614,556
  • Aug 5, 2021 6:43am Aug 5, 2021 6:43am
Quoting Pat Chiko
{quote} GU One more scalp for spikey. Common GU push higher one more time... {image}

Squeezing last droplets before NY I see
I make perfect trades. But terribly manage it
  • #614,557
  • Aug 5, 2021 6:43am Aug 5, 2021 6:43am
Technically, I think the GBPUSD pair strengthened, and now the pair is in position 1.3924 which is climbing to strong resistance at 1.3935 – 1.3960. However, if the pair moves the other way around, it will be corrected back to 1.3872 before sliding to the strong support at 1.3864 – 1.3810.
Like me, cuts losses quickly. But has more patience and lets his winn
  • #614,558
  • Aug 5, 2021 6:44am Aug 5, 2021 6:44am
Staying our for now
Follow The Markets Structure - Patience and Discipline
  • #614,559
  • Aug 5, 2021 6:44am Aug 5, 2021 6:44am
Quoting Pat Chiko
{quote} GU One more scalp for spikey. Common GU push higher one more time... {image}
how did you put through these trades with the same price?
by limit orders?
ITB - Seeing Orderliness amongst 'Randomness'
  • #614,560
  • Aug 5, 2021 6:51am Aug 5, 2021 6:51am
Quoting pipfarm
Staying our for now
The short and medium term trends seems bearish to me, I would think is like "calm before storm" is most likely scenario here.
1,228 traders viewing now, 3 are registered:
QuantTrade
,
ricmaj
,