Cable Update (GBPUSD) | Page 22689 | 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)

  • #453,761
  • Jul 30, 2017 8:22am Jul 30, 2017 8:22am
Quoting Nelzo
First bon weekend , i would to alert you for the next week news as following : 3.Aug.2017 BOE Inflation Report : UK control the Inflation under the Risk level overall the economy show some good resistance till now for the Brexit . Official Bank Rate : i think the UK will keep the Bank rate at the same level which is support the the first point . if that happend we will see the GBP over 1.3650 end of the next week , i didn't see to this moment any bad report from the official economy enterprise . still the bullish wave live and we will see the next...

I like how you combine technical and fundamental analysis Nelzo. Following your comments regularly. Keep up the good work mate.
  • #453,762
  • Jul 30, 2017 10:08pm Jul 30, 2017 10:08pm
Inserted Video
  • #453,763
  • Jul 31, 2017 2:51am Jul 31, 2017 2:51am
The last post on this thread was 4 hours ago. Time there was, when this thread was the most vibrant on the Forum. What could have happened? i don't want to believe it has something to do with Brexit
  • #453,764
  • Jul 31, 2017 3:55am Jul 31, 2017 3:55am
i think market waiting for BOE meeting notes and inflation report, till carney speaks I guess we it will fluctuate between 1.301 to 1.303 no big moves or trend
  • #453,765
  • Jul 31, 2017 10:45am Jul 31, 2017 10:45am
GBPUSD Today create new base to up trend ( this created by stable price in new high level ) which is give the Portfolio Manager to open new buy position here , but all people take breath and wait the BOE Inflation Report & Bank Rate , RSI create new support for prices in this level .
My method in technical " I call it the 2'nd wave of Ichimoku Kinko Hyo " for GBPUSD give me the same behavior of trader & this pattern happens today which is open 250 - 300 point over cloud .
Save Trade for all and good luck my friends .
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 45 KB
  • #453,766
  • Jul 31, 2017 10:45am Jul 31, 2017 10:45am
Quoting Paker
{quote} I like how you combine technical and fundamental analysis Nelzo. Following your comments regularly. Keep up the good work mate.
thanks Paker .
  • #453,767
  • Jul 31, 2017 10:27pm Jul 31, 2017 10:27pm
Inserted Video
  • #453,768
  • Aug 1, 2017 12:19am Aug 1, 2017 12:19am
Quoting Nelzo
{quote} from my side i didn't sell the GBPUSD from 2 months be careful next week .
It is very right action on the higher time frames. But I mainly trade M30 or lower and my average trade length is 1-2 hours. It works :-)
I like to sell into a strength expecting fallbacks.
  • #453,769
  • Aug 1, 2017 12:22am Aug 1, 2017 12:22am
Quoting Situhin
{quote} why sold brother? where usd weak and gbp strong.
I just explained my strategy in the previous post.
But overall you are right of course.
  • #453,770
  • Aug 1, 2017 1:03am Aug 1, 2017 1:03am
Quoting Solo11
{quote} It is very right action on the higher time frames. But I mainly trade M30 or lower and my average trade length is 1-2 hours. It works :-) I like to sell into a strength expecting fallbacks.
What do you do if the price keeps running?
Selling into strength is tricky that way I guess.
You should fall, before you stand up!
  • #453,771
  • Aug 1, 2017 1:49am Aug 1, 2017 1:49am
Quoting Solo11
{quote} It is very right action on the higher time frames. But I mainly trade M30 or lower and my average trade length is 1-2 hours. It works :-) I like to sell into a strength expecting fallbacks.
pretty risky, I'd say
  • #453,772
  • Aug 1, 2017 3:51am Aug 1, 2017 3:51am
Quoting Oliver_Chart
{quote} pretty risky, I'd say
Well, today this strategy made me 16 pips
I sold from 1.32312 and closed at 1.32151
  • #453,773
  • Aug 1, 2017 3:53am Aug 1, 2017 3:53am
Quoting Neveroff
{quote} What do you do if the price keeps running? Selling into strength is tricky that way I guess.
I use very tight stoplosses. The high from a recent spike.
  • #453,774
  • Aug 1, 2017 3:57am Aug 1, 2017 3:57am
Quoting Solo11
{quote} Well, today this strategy made me 16 pips I sold from 1.32312 and closed at 1.32151
Good if it works for you, in the long run, Solo11.
  • #453,775
  • Aug 1, 2017 4:08am Aug 1, 2017 4:08am
[quotwe=Neveroff;10142520]{quote} What do you do if the price keeps running? Selling into strength is r that way I guess.[/quote]

Safe to be on the sidelines and wait for a pullback. Otherwise go to a lower time frame for a pullback if price action is parabolic.

Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #453,776
  • Aug 1, 2017 8:14am Aug 1, 2017 8:14am
Right, parabolic.
It is just important to determine a move correctly and not to misread parabolic move with a moving up.
  • #453,777
  • Aug 1, 2017 12:11pm Aug 1, 2017 12:11pm
Quoting Solo11
{quote} It is very right action on the higher time frames. But I mainly trade M30 or lower and my average trade length is 1-2 hours. It works :-) I like to sell into a strength expecting fallbacks.
for short term maybe work , but for long i think everything clear .
  • #453,778
  • Aug 1, 2017 12:30pm Aug 1, 2017 12:30pm
261%-fibo==>Reversal
Attached Image (click to enlarge)
Click to Enlarge Name: h4.png Size: 53 KB
if you my trade,My-post analysis, subscribed to ME
  • #453,779
  • Aug 1, 2017 4:30pm Aug 1, 2017 4:30pm
Gbp/Usd remains in the positive territory while pulled back starts corrective movement. Resistance can be found at 1.3245, break above leads to further gain.
  • #453,780
  • Aug 1, 2017 7:06pm Aug 1, 2017 7:06pm
Quoting nesta
261%-fibo==>Reversal {image}
Hi you meant your reversal signal is active?
186 traders viewing now, 4 are registered:
,
,
Foryture
,