Cable Update (GBPUSD) | Page 24494 | 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)

  • #489,861
  • Aug 16, 2019 11:22am Aug 16, 2019 11:22am
Quoting knkie
widening regression price could make big swings could go either way but im banking on more longs from 2160 edit: if it goes south i will short from 2140 ish to about 2110 ish
Attached Image (click to enlarge)
Click to Enlarge Name: 76AAF63A-3133-4552-9DDA-42932B8F85DD.jpeg Size: 165 KB
looking at my above daily it looks like the thin red line . So we could have seen the border between Britx. But going into a squeeezze here . Regards E
  • #489,862
  • Edited 12:37pm Aug 16, 2019 11:43am | Edited 12:37pm
long from 2152 with target 2172

edit: BE out
good weekend
in wondering about yourself, you forgot what you came here to be part of
  • #489,863
  • Aug 16, 2019 12:00pm Aug 16, 2019 12:00pm
I am proud to present the indicator, the currency strength meter .
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU h1.png Size: 49 KB
Click to Enlarge Name: eg h1.png Size: 36 KB
yes yes yes
  • #489,864
  • Aug 16, 2019 12:37pm Aug 16, 2019 12:37pm
moty what is the reason you are stuck in development.
why are you pushing this bad strategy.
is not a crime.
  • #489,865
  • Aug 16, 2019 1:09pm Aug 16, 2019 1:09pm
Quoting Moty
I am proud to present the indicator, the currency strength meter . {image} {image}
cluster indicators are a dead end in the long run.
  • #489,866
  • Aug 16, 2019 11:52pm Aug 16, 2019 11:52pm
looking at 4hr and weekly PA at a key area, I think we are 24xx bound
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 19 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 25 KB
Come with me if you want to live....
  • #489,867
  • Aug 17, 2019 12:29am Aug 17, 2019 12:29am
Yesterday was a beautiful day .
I have never won trade with that easy flowing feeling.
Just look at the London open hourly candle , another look at the currency strength meter,put the the trade and after couple of hour you with more then 100+ pips of profit.
Last week on Monday i deposit 570 dollars and during the last lost a total of 450 from it .
This week i deposit 300 and won 950 dollars with it , and only yesterday i won 513 ,more then i iost at last week all together.
Now i will withdraw 850 from my account and start over .
Come small ,exit big.
yes yes yes
  • #489,868
  • Aug 17, 2019 1:31am Aug 17, 2019 1:31am
gu vs eg w1+d1
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU w1.png Size: 18 KB
Click to Enlarge Name: GU d1.png Size: 28 KB
Click to Enlarge Name: eg w1.png Size: 25 KB
Click to Enlarge Name: eg d1.png Size: 27 KB
yes yes yes
  • #489,869
  • Aug 17, 2019 2:19am Aug 17, 2019 2:19am
Quoting Moty
gu vs eg w1+d1 {image} {image} {image} {image}
Dear moty you count a lot on bearish cable,
I bought @ 1.2040 (GU at cheapest rate in decades) long term and waiting for 1.25+ at least
So I think is bullish
  • #489,870
  • Aug 17, 2019 3:08am Aug 17, 2019 3:08am
Quoting aarash
{quote} Dear moty you count a lot on bearish cable, I bought @ 1.2040 (GU at cheapest rate in decades) long term and waiting for 1.25+ at least So I think is bullish
i agree with you on that.
at the end it will go to 1.25-1.27 area.
but it can go further down before that
Attached Image (click to enlarge)
Click to Enlarge Name: GU w1.png Size: 20 KB
yes yes yes
  • #489,871
  • Aug 17, 2019 4:16am Aug 17, 2019 4:16am
solid performance by GU this week. Let's see if there's more upside to this. For the moment - looking to buy dips early next week.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 65 KB
  • #489,872
  • Aug 17, 2019 6:38am Aug 17, 2019 6:38am
Quoting Moty
Yesterday was a beautiful day . I have never won trade with that easy flowing feeling. Just look at the London open hourly candle , another look at the currency strength meter,put the the trade and after couple of hour you with more then 100+ pips of profit. Last week on Monday i deposit 570 dollars and during the last lost a total of 450 from it . This week i deposit 300 and won 950 dollars with it , and only yesterday i won 513 ,more then i iost at last week all together. Now i will withdraw 850 from my account and start over . Come small ,exit...
Congrats brother. U have done a good job. Whatever happens just withdraw the profit. Just don't be happy with virtual money... Hope u understand.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #489,873
  • Aug 17, 2019 6:40am Aug 17, 2019 6:40am
Quoting asgcorp
solid performance by GU this week. Let's see if there's more upside to this. For the moment - looking to buy dips early next week. {image}
But it seems small liquidation happened this week. I presume a huge drop yet to happen this balance month.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #489,874
  • Aug 17, 2019 7:37am Aug 17, 2019 7:37am
Quoting Moty
Short , after price got to 61.8 extension and out of adr . Confirmation from gbp/aud and gj that in resistence areas {image}
10 pips profit even that the gbp was at highest point in the currency strength meter along the all day
Attached Image (click to enlarge)
Click to Enlarge Name: GU h1.png Size: 32 KB
yes yes yes
  • #489,875
  • Aug 17, 2019 8:15am Aug 17, 2019 8:15am
Quoting Moty
Yesterday was a beautiful day . I have never won trade with that easy flowing feeling. Just look at the London open hourly candle , another look at the currency strength meter,put the the trade and after couple of hour you with more then 100+ pips of profit. Last week on Monday i deposit 570 dollars and during the last lost a total of 450 from it . This week i deposit 300 and won 950 dollars with it , and only yesterday i won 513 ,more then i iost at last week all together. Now i will withdraw 850 from my account and start over . Come small ,exit...
You don't need much to make money .... My thought has always been to put a little and do a lot ...this is called prosperity.
  • #489,876
  • Aug 17, 2019 8:17am Aug 17, 2019 8:17am
Quoting asgcorp
solid performance by GU this week. Let's see if there's more upside to this. For the moment - looking to buy dips early next week. {image}
But it seems small liquidation happened this week. I presume a huge drop yet to happen this balance month.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #489,877
  • Aug 17, 2019 10:25am Aug 17, 2019 10:25am
This chart I think might hold the key . It would have to break back into that trend line . So is it going to rejection
Attached Image (click to enlarge)
Click to Enlarge Name: 882F8691-0755-4F9D-9CC2-511B2AD3AF17.jpeg Size: 540 KB
  • #489,878
  • Aug 17, 2019 11:58am Aug 17, 2019 11:58am
I believe this didn't get covered here yet. Price/RSI11 div on H1, this is good news for dip buyers early next week.
Having said that, I don't see a major trend change / reversal, until 2016 low gets re-tested.
Also expect high vola as bears will attack soon again.

Finally, some input from my side, no nonsense and no BS retail Rick triangles and flying bats
- key levels for GBPUSD next 1-3 weeks:

-2100 - bulls loose if they fail to defend this early next week
-2200 - strong resistance, bears will add to their positions here
-2250 - ultimate resistance, I don't see GU cracking this without a re-test near 1950 / without a catalyst
-2000 - fake level, not significant
-1950//1975 - re-test of 2016 low, GU will likely get bid near this zone
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 21 KB
  • #489,879
  • Aug 17, 2019 3:00pm Aug 17, 2019 3:00pm
Quoting sgmf
{quote} still valid, we have time so correction 200-300pips possible
100 for now, stopped for a while by tl,
big picture still valid
  • #489,880
  • Aug 17, 2019 3:13pm Aug 17, 2019 3:13pm
here you guys GBPJPY and that will work with GU as well, Pound on reversal mode ATM
Inserted Video
1,544 traders viewing now, 1 is registered: