Cable Update (GBPUSD) | Page 23204 | 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)

  • #464,061
  • Aug 28, 2018 3:57am Aug 28, 2018 3:57am
Quoting akim0895
love cabel closs small long and short 2903
Why short 1.2903?
  • #464,062
  • Aug 28, 2018 4:03am Aug 28, 2018 4:03am
Quoting navk
shorted EJ.
I did yesterday and still waiting for it to fall hehe

what is your target ?
  • #464,063
  • Aug 28, 2018 4:18am Aug 28, 2018 4:18am
EJ good RR setup, currently in compression awaiting for breakout
  • #464,064
  • Aug 28, 2018 4:24am Aug 28, 2018 4:24am
No good reversal setup as yet on cable, although there is an immediate trendline breach on the M5
  • #464,065
  • Aug 28, 2018 4:25am Aug 28, 2018 4:25am
Quoting msniper
{quote} I did yesterday and still waiting for it to fall hehe what is your target ?
I used to trade these days with out a stop loss ( meaning emergency stop yes ).

Target is open.
Means when happy, close them.
Intraday only.
  • #464,066
  • Aug 28, 2018 4:28am Aug 28, 2018 4:28am
Quoting navk
{quote} I used to trade these days with out a stop loss ( meaning emergency stop yes ). Target is open. Means when happy, close them.
The way I see is you average it out in either shorts or longs, need very deep pockets to do that..
  • #464,067
  • Aug 28, 2018 4:29am Aug 28, 2018 4:29am
Quoting Trade-G
{quote} The way I see is you average it out in either shorts or longs, need very deep pockets to do that..
yes. or with whatever capital you have, still you can trade with small lots. The reason, I do not trust in support/resistance and accurate trading.
Intraday only.
  • #464,068
  • Aug 28, 2018 4:32am Aug 28, 2018 4:32am
Quoting navk
{quote} yes. or with whatever capital you have, still you can trade with small lots.
I believe you need to be in a good RR sell/buy zone to do that, do you based your decision to position at specific zones?
  • #464,069
  • Aug 28, 2018 4:34am Aug 28, 2018 4:34am
Quoting Trade-G
{quote} I believe you need to be in a good RR sell/buy zone to do that, do you based your decision to position at specific zones?
yes, I take trades on weekly FIB lines. Above or below 74 %. to 100 %.

One can trade daily also but too much difficult to sit in front of PC all the time.
Intraday only.
  • #464,070
  • Aug 28, 2018 4:36am Aug 28, 2018 4:36am
Last week, EJ raced to 150 %. This week, it has to fall.
Intraday only.
  • #464,071
  • Aug 28, 2018 4:41am Aug 28, 2018 4:41am
Quoting navk
Last week, EJ raced to 200 %. This week, it has to fall.
my target for EJ is between 127.30 to 126.70 but I could close before that hehe u never know
  • #464,072
  • Aug 28, 2018 4:43am Aug 28, 2018 4:43am
maybe 1.2870 can act as some support now...going to look for longs there if we get a pullback.... for the rest of the day...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 57 KB
Look Sharp/Trade Tight
  • #464,073
  • Aug 28, 2018 4:44am Aug 28, 2018 4:44am
I'm waiting to sell around 1.3180, it's kinda in a consolidation right now, if it breaks 1.2980 we could see another leg up.
  • #464,074
  • Aug 28, 2018 4:46am Aug 28, 2018 4:46am
Quoting msniper
{quote} my target for EJ is between 127.30 to 126.70 but I could close before that hehe u never know
look at this.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH4.png Size: 52 KB
Intraday only.
  • #464,075
  • Aug 28, 2018 4:50am Aug 28, 2018 4:50am
Quoting Trade-G
{quote} The way I see is you average it out in either shorts or longs, need very deep pockets to do that..
I do not want to trust resistance/support and take 1 lot trade with 30 pips stop loss ( which surely will hit ) and giving the money to broker.

I allow the PA to cool down on its own.
Intraday only.
  • #464,076
  • Aug 28, 2018 4:59am Aug 28, 2018 4:59am
Quoting navk
{quote} I do not want to trust resistance/support and take 1 lot trade with 30 pips stop loss ( which surely will hit ) and giving the money to broker. I allow the PA to cool down on its own.
I see, I can appreciate your method, less stress and the need to monitor. For me its specific patterns at critical zones, need monitoring though
  • #464,077
  • Aug 28, 2018 5:00am Aug 28, 2018 5:00am
Quoting navk
{quote} look at this. {image}
Your horizontal thick white lines are hourly pivots I believe
  • #464,078
  • Aug 28, 2018 5:06am Aug 28, 2018 5:06am
Quoting Trade-G
{quote} Your horizontal thick white lines are hourly pivots I believe
Daily open line. I look at this line for reversal.

On any day after the price moved 50 to 68 % and then closing at the daily open means, the price is reversing.
Intraday only.
  • #464,079
  • Aug 28, 2018 5:10am Aug 28, 2018 5:10am
Quoting navk
{quote} Daily open line. I look at this line for reversal. On any day after the price moved 50 to 68 % and then closing at the daily open means, the price is reversing.
That's a great method.
  • #464,080
  • Aug 28, 2018 5:13am Aug 28, 2018 5:13am
Cable is at upper range of up trend channel on H1 and R1 1,2917 is exactly at the trend line top, a possibility if it so wish to go up.
567 traders viewing now