Cable Update (GBPUSD) | Page 37583 | 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)

  • #751,641
  • Jun 14, 2023 8:59am Jun 14, 2023 8:59am
Poor PPI news give a fuel to GBP
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #751,642
  • Jun 14, 2023 9:00am Jun 14, 2023 9:00am
Alright, Getting ready to trade today again . Added 1 More Day to my Special Trading Days , Wednesday = (Bella's God of Wisdom)

Waiting for 14:56PM GMT to Open Position. Just 1 Hour left.

Bella's Blue Journal (June) = -75 Pips . ( i know i need to recover this )

Bella's GMT Switch v1.5

Attached Image (click to enlarge)
Click to Enlarge Name: GMT_Switch_01.png Size: 10 KB
Goddess of Thunder..
  • #751,643
  • Jun 14, 2023 9:00am Jun 14, 2023 9:00am
Quoting navk
How many accounts blown yesterday and today. If stop is not set, this will happen
Why is everyone entering shorts? The market is clearly not CHoC on 1 min and it has a bullish momentum. Just enter on the smaller TF demand zone and rock the wave for a few pips
  • #751,644
  • Jun 14, 2023 9:00am Jun 14, 2023 9:00am
Quoting Elysion
Hmmm... hmmm... Should I trade off the H1 or m5 chart as a scalper. These two days of GU has gotten me questioning myself.
Well, it is very difficult currently but these are the days you have to withstand through. Currently I have 3 day losses today. Last days were ok, no loss. Today it is completely crazy but that happens - once per year or even less. It's crazy because how the move is going but FED days etc. are always a bit scary.

I'm not sure how long it is ago that we had such a straight upmove before FED. I cannot remember one in last years. So congratulations, you are in a once per 5 years mess
  • #751,645
  • Jun 14, 2023 9:02am Jun 14, 2023 9:02am
Quoting Cetka
{quote} Why is everyone entering shorts? The market is clearly not CHoC on 1 min and it has a bullish momentum. Just enter on the smaller TF demand zone and rock the wave for a few pips
ADR isn't far off being reached and R2 pivot level tends to be strong resistance. I admit trading counter to the trend isnt ideal but this is a fairly high probability setup.
  • #751,646
  • Jun 14, 2023 9:02am Jun 14, 2023 9:02am
The way all day long all fx media keep posting FED pause FED pause FED pause, is same as the day NFP came out +500k.
That day all media keep telling NFP to be less than forecasted.
More time in the market, does not mean you trade better!
  • #751,647
  • Jun 14, 2023 9:04am Jun 14, 2023 9:04am
GBPUSD, M5 : 1 Buy win position,
exit half lots B4 news (USA PPI m/m),
re-entered Buy with half lots, with tight trailing stop.

+2.5 % overall

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-m5-traders-global-group-one-win-exit-half-lots-re.png Size: 8 KB
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 20.3%
  • #751,648
  • Jun 14, 2023 9:05am Jun 14, 2023 9:05am
First aim 1.2770 around but not sure if that gets reached before FOMC. I think yes, but market is out of order, so I cannot help today.
  • #751,649
  • Jun 14, 2023 9:06am Jun 14, 2023 9:06am
Anyone recommending a book good about risk and money management?
More time in the market, does not mean you trade better!
  • #751,650
  • Jun 14, 2023 9:07am Jun 14, 2023 9:07am
Quoting JackintheBox
First aim 1.2770 around but not sure if that gets reached before FOMC. I think yes, but market is out of order, so I cannot help today.
Can't see 12770 today, maybe 12710 at a push.
  • #751,651
  • Jun 14, 2023 9:11am Jun 14, 2023 9:11am
Quoting Georginson
{quote} Yes, I use averaging method... Main lot size used @ 1.2680.
Do you have any stats to EUR/USD? I shorted at 10843 but close now at 1.08435. I think we are in an exreme, are we? I have not the stats currently so I closed again my short. Odd move but congrats who pyramided up today.

On EUR/USD the move today was one of 3 you need per year to make a good living. I have a pyramiding system and these are the days where you can make 1000's of Dollars - or Euros with pyramiding.
  • #751,652
  • Jun 14, 2023 9:20am Jun 14, 2023 9:20am
The two pointed out by the orange arrow are TLs. However, the last red monthly print is currently breaking up
blind shorts risky
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-06-14 at 15.17.44.png Size: 30 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #751,653
  • Jun 14, 2023 9:27am Jun 14, 2023 9:27am
Quoting ForexGoose
{quote} i bought some more before the FOMC i'm gambling now, risky, but worth it
I will let my buy orders run, risk free currently

ultimate profit target would be 1.285 if the bull run continues
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2023-06-14_10-26-01.png Size: 34 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #751,654
  • Jun 14, 2023 9:30am Jun 14, 2023 9:30am
Quoting Scotteyy
{quote} ADR isn't far off being reached and R2 pivot level tends to be strong resistance. I admit trading counter to the trend isn't ideal but this is a fairly high probability setup.
I get the idea, but it's always better to be 10-20 pips late on the reversal than trying to predict it before it happens. You get in on the next demand zone retracement and you have a higher probability of making clean profits.

With the interest rates probably not being raised, the market could squeeze everyone trying to short it before it's time.

Just my guess
  • #751,655
  • Jun 14, 2023 9:30am Jun 14, 2023 9:30am
Quoting voeltoez
testing short.. will add every 15p till 1.2740 {image}
averaging short 1.2696
  • #751,656
  • Jun 14, 2023 9:31am Jun 14, 2023 9:31am
Quoting navk
How many accounts blown yesterday and today. If stop is not set, this will happen
if you date a stripper, your bank account and credit cards will be blown fast
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #751,657
  • Jun 14, 2023 9:32am Jun 14, 2023 9:32am
Quoting Bogdanoff
Short @2670 Trade safe guys Cheers
my patience open at weekly high still fail
Maybe GU is not my pair
Stopped -20
my loss is your gain
  • #751,658
  • Jun 14, 2023 9:32am Jun 14, 2023 9:32am
Monthly TF shows clean area on left side to continue bull run to about 1.32 area. Todays trade is currently up 48 pips. Gonna take partials, move SL into profit and might hold this position as long as she'll go. I wanna practice holding like the institutions do.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 14 KB
  • #751,659
  • Jun 14, 2023 9:34am Jun 14, 2023 9:34am
What A Bullish Takeoff By GBP

Really Nice Its Like A Booster Now
HBS - Hussain Bin Salman
  • #751,660
  • Jun 14, 2023 9:34am Jun 14, 2023 9:34am
I think shorting now is not so wise, but maybe worth a try for some
262 traders viewing now, 2 are registered:
smtchris71
,
TooSlow