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Is it just me or is cable acting random? 44 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting corrman
i'm late to the party got shaken out on a stop
Corrman Party has just started, u r not so late!!!
US dollar slumped after comments in Davos from US Treasury Secretary Mnuchin suggested benign acceptance of the recent slide in USD and a departure from the "strong dollar" mantra of Treasury secretaries before him.
Man, Cables' a beast right now, exceeding my expectations. I thought 4045 would be a realistic target for this week, but blimey. 4490-45 on the radar for a reaction.
Come with me if you want to live....
Quoting Trade-G
{quote} Weekly expansion target achieved 1.4160, as it is close to the resistance at 1.4250 resistance, it might just try to touch it.... looking at how it will react. On the otherhand EURUSD should at least touch 1.2400 so, we'll see how it may corelate
Exceed 1.4250 to 1.43270 region an ancient trendline resistance is there.....
7am NY cable like e/u is in range after fantastic trending. I expect to see solid support on the lows with shakeouts that will be not 1x, but 2x and likely 3x low tests, I may take the 3x once or twice, but I won't be taking anything midway in the range
big money makes big moves and then hides during small money chasing.
DAILY FOREX TRADE GBPUSD SELL 1

Inserted Video
Quoting chess king
an old one chart .. in the zone now. {image}
G/U
1.4565... if the price gets there. I WILL SHORT.
next week may be FOMC is important to that level. or not
Quoting dr.zain
{quote} corrman party has just started, u r not so late!!! Us dollar slumped after comments in davos from us treasury secretary mnuchin suggested benign acceptance of the recent slide in usd and a departure from the "strong dollar" mantra of treasury secretaries before him.
us pres. Trump: Dollar will get stronger and stronger - cnbc
In an exclusive interview with CNBC, "the dollar is going to get stronger and stronger and ultimately I want to see a strong dollar," President Donald Trump said, further adding that Treasury Secretary Steven Mnuchin's comments were taken out of context. The US Dollar Index quickly erased the majority of its daily losses on these comments and was last seen at 88.95, where it was down only 0.1% on the day.
fu**ing politicians
Quoting Ill-b-back
Man, Cables' a beast right now, exceeding my expectations. I thought 4045 would be a realistic target for this week, but blimey. 4490-45 on the radar for a reaction.
Well, I greedily opened another long today looking for 4390 and gave back some earnt money this month as the daily gravy train ran out of gas.
Will watch green zone for bullish PA clues.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 24 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 21 KB
Come with me if you want to live....
Quoting Dr.Zain
{quote} us pres. Trump: Dollar will get stronger and stronger - cnbc In an exclusive interview with CNBC, "the dollar is going to get stronger and stronger and ultimately I want to see a strong dollar," President Donald Trump said, further adding that Treasury Secretary Steven Mnuchin's comments were taken out of context. The US Dollar Index quickly erased the majority of its daily losses on these comments and was last seen at 88.95, where it was down only 0.1% on the day. fu**ing politicians
It seems B1 and B2 "apparently" can't agree.

Mnuchins' Comments taken out of context?
I reckon that's baloney.

Trump wants a strong $?
I reckon that's baloney too...

Come with me if you want to live....
I remember it was around this period in his speech, Carney talked about more monetary easing (mentioned it 4-5 times for "effect")
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 17 KB
Click to Enlarge Name: GBPUSDWeekly1.png Size: 24 KB
Come with me if you want to live....
Quoting Hdfx
DAILY FOREX TRADE GBPUSD SELL 1 https://youtu.be/YZqUUfb-qpc
DAILY FOREX TRADE GBPUSD CLOSED

Inserted Video
Quoting Ill-b-back
{quote} Well, I greedily opened another long today looking for 4390 and gave back some earnt money this month as the daily gravy train ran out of gas. Will watch green zone for bullish PA clues. {image} {image}
Ha, I did the opposite and took the short too early for a loss of $375, My first loss in over 100 trades so I can't complain.
The problem for me is I am short of lumps and bumps to attack. I see on the 5 min chart that during the night the average failed to make the HH by a few pips as a result the bears took out all the recent average LL's but I was sleeping by that time.

Now we have something we can work with once more, all in all this was one of the better dips we have had for some time.

I take no notice at all of what Trump says the market will determine the price.
If this pair doesn't reach 1.4500 by Feb my plans are fucked goddammit. The rollover is fucking me in the ass
I Never Lose. Either I Win or Learn
Quoting Nala66
The problem for me is I am short of lumps and bumps to attack. I see on the 5 min chart that during the night the average failed to make the HH by a few pips as a result the bears took out all the recent average LL's but I was sleeping by that time. Now we have something we can work with once more, all in all this was one of the better dips we have had for some time. I take no notice at all of what Trump says the market will determine the price.
Last swing has 1.4130 as mid supported on H4 breaking 1.4188 should see a run up....
Quoting Nala66
{quote} Ha, I did the opposite and took the short too early for a loss of $375, My first loss in over 100 trades so I can't complain.
thats good. i blew up 10k in this week only.
Quoting honesttrader
{quote} thats good. i blew up 10k in this week only.
OUCH YOU SERIOUS
I got stopped out by the 7pm announcment by president Trump regarding dollar will be stronger.

I was caught off guard by the news and had a trade for long, hoping the price would reach the 200 moving average on the weekly chart over the next few days.

Now is there an app i can get that can alert me when breaking news like the one trump announced? beep on my phone? What other ways can i get news to me quicker other than refreshing forexfactory? (sometimes i forget to do that at times)

i use ctrader platform, maybe i should look into calgo, i have never used them addons before. I will look at that
advice appreciated
Quoting Trade-G
{quote} Last swing has 1.4130 as mid supported on H4 breaking 1.4188 should see a run up....
1.4188 cleared now looking at 1.4279
Quoting Nala66
{quote} Ha, I did the opposite and took the short too early for a loss of $375, My first loss in over 100 trades so I can't complain.
Sorry to hear that Nala, but you seem to have broad shoulders.

Trumpo only shook me out of $24 thankfully.

Interesting 4245 confluence area we are at right now.

If we have a bearish close today, then we head towards the Green I think.

I won't short it, but will look to continue the bull run next week if PA starts to agree.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDH1.png Size: 21 KB
Come with me if you want to live....
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