Cable Update (GBPUSD) | Page 24395 | 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)

  • #487,881
  • Jul 31, 2019 5:23am Jul 31, 2019 5:23am
Quoting chess king
SHARK ...First target 2504 ok... If extend 223x is the second Target.
the price has dropped a lot from the last target. I'm surprised or not
  • #487,882
  • Edited 5:41am Jul 31, 2019 5:27am | Edited 5:41am
Is there any big turmoil today it is likely more downside than up usdx and may not reflect perfectly for gu though.in that case no rate change and market disappoint to react more positive!!
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #487,883
  • Jul 31, 2019 5:35am Jul 31, 2019 5:35am
Be careful, price looks to be forming s symmetrical triangle, again in a downtrend we expect that to break lower (it may break up) but with trend trading we expect it to break lower.

Confluence????

Symmetrical traingle forming above the 1.618 which is right near the 1.21 psychological number, could the banks be forming this pattern in hope to catch retail long bulls in order to gain liquidity to test that 1.21???????

Confluence 2

Every symmetrical triangle that I've seen form over past 4 weeks has broke lower
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2019-07-31-11-31-13.png Size: 106 KB
  • #487,884
  • Jul 31, 2019 5:44am Jul 31, 2019 5:44am
I bought ...
I put stop loss on last support H4 because of the high impact news,
  • #487,885
  • Edited 6:19am Jul 31, 2019 5:49am | Edited 6:19am
Quoting Neil0163
Be careful, price looks to be forming s symmetrical triangle, again in a downtrend we expect that to break lower (it may break up) but with trend trading we expect it to break lower. Confluence???? Symmetrical traingle forming above the 1.618 which is right near the 1.21 psychological number, could the banks be forming this pattern in hope to catch retail long bulls in order to gain liquidity to test that 1.21??????? Confluence 2 Every symmetrical triangle that I've seen form over past 4 weeks has broke lower {image}
Just closed my long. Lets see if you're correct!
Don't trade what you think. Just what you see!!!
  • #487,886
  • Jul 31, 2019 5:56am Jul 31, 2019 5:56am
1.2180 seems to be big resistance to brake
  • #487,887
  • Jul 31, 2019 5:56am Jul 31, 2019 5:56am
Quoting navk
GOLD will fall today. Short symptoms are there.
I'm scalper there today. price still laterialized.
  • #487,888
  • Jul 31, 2019 5:58am Jul 31, 2019 5:58am
Double top on 5 minute chart?
  • #487,889
  • Jul 31, 2019 6:01am Jul 31, 2019 6:01am
Quoting Moty
Looks like the bulls are ready {image}
May the odds be ever in your favor...
  • #487,890
  • Jul 31, 2019 6:02am Jul 31, 2019 6:02am
Quoting Theoak
{quote} Just closed my long. Lets see if your correct!
yeah i think Neil is correct on this...
SOLD
2163

target 17-20 pips
in wondering about yourself, you forgot what you came here to be part of
  • #487,891
  • Jul 31, 2019 6:11am Jul 31, 2019 6:11am
If I see the volume, much people expect usd going down
  • #487,892
  • Jul 31, 2019 6:14am Jul 31, 2019 6:14am
Quoting Moty
Looks like the bulls are ready {image}
Hi my friend, why you don't put buy/sell stop with thats strategy ?
  • #487,893
  • Jul 31, 2019 6:15am Jul 31, 2019 6:15am
Quoting Neil0163
Be careful, price looks to be forming s symmetrical triangle, again in a downtrend we expect that to break lower (it may break up) but with trend trading we expect it to break lower. Confluence???? Symmetrical traingle forming above the 1.618 which is right near the 1.21 psychological number, could the banks be forming this pattern in hope to catch retail long bulls in order to gain liquidity to test that 1.21??????? Confluence 2 Every symmetrical triangle that I've seen form over past 4 weeks has broke lower {image}
Does this mean you didn't see the ones that broke long? Like this one...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 43 KB
  • #487,894
  • Jul 31, 2019 6:15am Jul 31, 2019 6:15am
Quoting Neil0163
Be careful, price looks to be forming s symmetrical triangle, again in a downtrend we expect that to break lower (it may break up) but with trend trading we expect it to break lower. Confluence???? Symmetrical traingle forming above the 1.618 which is right near the 1.21 psychological number, could the banks be forming this pattern in hope to catch retail long bulls in order to gain liquidity to test that 1.21??????? Confluence 2 Every symmetrical triangle that I've seen form over past 4 weeks has broke lower {image}
Yet More Losses for Pound Sterling Forecast
https://www.poundsterlinglive.com/eu...dollar-how-low
  • #487,895
  • Jul 31, 2019 6:18am Jul 31, 2019 6:18am
Quoting Nala66
{quote} Does this mean you didn't see the ones that broke long? Like this one... {image}
The first thing I saw today in Gu was this little triangle.
  • #487,896
  • Jul 31, 2019 6:18am Jul 31, 2019 6:18am
Quoting knkie
{quote} yeah i think Neil is correct on this... SOLD 2163 target 17-20 pips
Yeh. I'm updating a previous post, because I'm upsetting people with my BINGO comments. I've tried to put targets and be in trades longer for the tread, but you can't change the nature of the beast, So when I know its chop city, you have got to do what you know.

Put two shorts on and closed one down for 10 pips. Now trying to run the other (not sold myself).

With the fall we have had I think it will just slop about for a couple of days). And I know this, so why am I trying to target 30 pips!!!
Don't trade what you think. Just what you see!!!
  • #487,897
  • Jul 31, 2019 6:33am Jul 31, 2019 6:33am
Quoting Theoak
{quote} Yeh. I'm updating a previous post, because I'm upsetting people with my BINGO comments. I've tried to put targets and be in trades longer for the tread, but you can't change the nature of the beast, So when I know its chop city, you have got to do what you know. Put two shorts on and closed one down for 10 pips. Now trying to run the other (not sold myself). With the fall we have had I think it will just slop about for a couple of days). And I know this, so why am I trying to target 30 pips!!!
lol i hear ya...
we shouldnt even be trying to trade this right now but i just love clicking the mouse button

instead of bingo you could post "pinochle"

also pinocle, 1864, Peaknuckle, of uncertain origin, perhaps from Swiss dialect Binokel(German), binocle (French), from French binocle"pince-nez" (17c.), from Medieval Latin binoculus"binoculars" (see binocular). Taken as a synonym for bésigue "bezique," the card game, and wrongly identified with besicles "spectacles," probably because the game is played with a double deck. Pinochle was popularized in U.S. late 1800s by German immigrants.
in wondering about yourself, you forgot what you came here to be part of
  • #487,898
  • Jul 31, 2019 7:11am Jul 31, 2019 7:11am
Quoting Dingoman-two
{quote} Heads up folks the High is about to be retested {image} EDIT HERE IS A BETTER VIEW FOLKS {image}

What a pucken mess, the Banks are accumulating here, but which way you may ask,
  • #487,899
  • Jul 31, 2019 7:16am Jul 31, 2019 7:16am
My best Gbpusd trade this month..................

Inserted Video


"I've missed more than 9000 shots in my career. I've lost almost 300 games. 26 times, I've been trusted to take the game winning shot and missed. I've failed over and over and over again in my life. And that's why I succeed. " - Michael Jordan

In trading, the moment you start, you must accept all the challenges and consequences that it might bring into your life. You must accept that this profession is one of the hardest to master. You must accept that if you fail and burn out your account, people will think that you are a failure, a gambler or someone who do things hastily and does not think thoroughly about the important things that should be considered first before entering into such a venture.


Focus On Positive Things

Instead of focusing on the negative things that people say, focus on your trading. Focus on how you can improve it. Focus on becoming a disciplined trader. Focus on becoming a consistently profitable one. Instead of giving up on trading, let those negative things people say become your motivation to gradually improve yourself as you continue your journey to become that successful person that you will be.

Picture Yourself As A Successful Trader

Picture yourself as the successful trader that you wanted to be, do this every day. The moment you wake up, thank the Lord for giving you another day, another opportunity to right the wrong things that you have done. Be grateful that you have been given another opportunity to succeed in life.

Picture yourself the things that you wanted to do in your life. Picture the great things that you can do if you become successful. Never let a moment of the day come to past without thinking about these things. It will become a habit and you will trick your brain that you are already a successful trader.

Failure Is A Prerequisite Of Success

Remember that every successful people failed first before attaining their success. No one has mastered a skill without making a lot of mistakes. Trading is a skill to be learned. Like driving a car, if you have learned how to trade you will never forget how to do it unless you get an amnesia or Alzheimer's disease. Kidding aside, keep on failing over and over again. Eventually, success will be inevitable.
  • #487,900
  • Jul 31, 2019 7:17am Jul 31, 2019 7:17am
Quoting Theoak
{quote} What is that?
abalone buddy

For PoundDollar Update
No Signal During London & NewYork Open For me currently
Looking the setup at the London Close & NY 4H Close later
1,568 traders viewing now