Cable Update (GBPUSD) | Page 25254 | 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)

  • #505,061
  • Dec 2, 2019 12:40pm Dec 2, 2019 12:40pm
Quoting Moty
I can't figure it out, the dollar went down significantly today , so how a violent pair like the pound dollar went up 40 pips today versus the calmer euro dollar that went up 80 pips? 3501820 {image}

Look at the monthly, institutions do not buy at highs, they use POC , points of control where bearish turned bullish and vice versa and im not talking about highs and lows, they will temp buyers in slowly near the POC and then pull it out from under them, thats how they work. If they can not get enough buyers at the POC they will take it what we call resistance maybe a little further then switch
Follow The Markets Structure - Patience and Discipline
  • #505,062
  • Dec 2, 2019 1:00pm Dec 2, 2019 1:00pm
Quoting Moty
I can't figure it out, the dollar went down significantly today , so how a violent pair like the pound dollar went up 40 pips today versus the calmer euro dollar that went up 80 pips? 3501820 {image}
Think of it this way. The dollar index is weighted according to the volume of the currency it is being traded against. It is most heavily weighted against the Euro because it is exchanged the most with the Euro. So when the dollar weakens against the Euro/or Euro strengthens against the dollar you will see the most movement in the dollar index.

The dollar index is not an indicator that the dollar is weakening against all currencies but against one or more of its constituents. The GBP is free to weaken or strengthen against the dollar independent of the Euro. Some take this kind of movement to signal overbought/oversold or any other number of things. It could just mean that the sales of the dollar against the Euro went to the purchasing of dollars against the Pound.
  • #505,063
  • Dec 2, 2019 2:24pm Dec 2, 2019 2:24pm
tp 1.29516
Attached Image (click to enlarge)
Click to Enlarge Name: gu15.png Size: 44 KB
yes yes yes
  • #505,064
  • Dec 2, 2019 2:36pm Dec 2, 2019 2:36pm
GBPJPY has already given the exact way GBPUSD will move soonest. The hardest part of trading is the patience to stick to the plan and discipline not to alter when the plan eventually starts working out.
Data + Stat + Risk/Emotions Management
  • #505,065
  • Dec 2, 2019 4:17pm Dec 2, 2019 4:17pm
Quoting PandaTradeFx
Bought: 1.29072 Stop-loss: 1.2876 Take-Profit: open {image}
Still holding this trade, stop-loss at +1,8 pips just to cover my swap if price will go down.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd8.jpg Size: 138 KB
  • #505,066
  • Dec 2, 2019 4:45pm Dec 2, 2019 4:45pm
Quoting Georginson
GBPJPY has already given the exact way GBPUSD will move soonest. The hardest part of trading is the patience to stick to the plan and discipline not to alter when the plan eventually starts working out.
Gj still hasnt closed the gap.
  • #505,067
  • Dec 2, 2019 6:15pm Dec 2, 2019 6:15pm
Quoting stillbroke10
{quote} Gj still hasnt closed the gap.
Look at daily I think GJ false breakout.
Attached Image (click to enlarge)
Click to Enlarge Name: A95493F9-3C3F-4500-9811-4F61535BD2AE.jpeg Size: 1.2 MB
  • #505,068
  • Dec 2, 2019 6:24pm Dec 2, 2019 6:24pm
Im short GJ double top H 1.
Attached Image (click to enlarge)
Click to Enlarge Name: 0AEE2EC2-C4FC-4228-9304-3B933D0176F4.png Size: 253 KB
  • #505,069
  • Dec 2, 2019 6:31pm Dec 2, 2019 6:31pm
EG wil be expired on date 5 december.
Attached Image (click to enlarge)
Click to Enlarge Name: 8859D16D-470E-400E-AEAC-A2251CB1B692.jpeg Size: 1.6 MB
  • #505,070
  • Dec 2, 2019 10:27pm Dec 2, 2019 10:27pm
overnight NY session trade in gold, just closed.

Attached Image (click to enlarge)
Click to Enlarge Name: Liquidity Soft Solutions.png Size: 82 KB
Intraday only.
  • #505,071
  • Dec 2, 2019 11:16pm Dec 2, 2019 11:16pm
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-12-03 07.15.45_1.jpg Size: 134 KB
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-12-03 07.17.54_1.jpg Size: 111 KB
yes yes yes
  • #505,072
  • Edited 11:49pm Dec 2, 2019 11:20pm | Edited 11:49pm
Quoting Almo2312
{quote} hmm.. stop try to figure it out..this market is long time kind of crap,.. just aim to take small pips basket and try to be less exposure to the bs of the market,,
That's another way to look at it or pick your pips. your right
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #505,073
  • Dec 3, 2019 1:07am Dec 3, 2019 1:07am
Is this a new breakout for 1.2980 maybe
Attached Image (click to enlarge)
Click to Enlarge Name: 3730B574-2745-4CBD-AFB3-5B6519C081A0.png Size: 135 KB
  • #505,074
  • Dec 3, 2019 1:22am Dec 3, 2019 1:22am
I aM out 1.29500.
Waiting fot lo for a aet up
yes yes yes
  • #505,075
  • Dec 3, 2019 1:31am Dec 3, 2019 1:31am
Nice moment.... long at 2949 and 2950.....^_^
  • #505,076
  • Dec 3, 2019 1:36am Dec 3, 2019 1:36am
Quoting Tekin
Is this a new breakout for 1.2980 maybe {image}
What breakout would that be then...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 53 KB
  • #505,077
  • Dec 3, 2019 1:42am Dec 3, 2019 1:42am
looks like 1.3 will come

trade safe
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #505,078
  • Dec 3, 2019 1:42am Dec 3, 2019 1:42am
1.3000... ^_^
  • #505,079
  • Dec 3, 2019 1:47am Dec 3, 2019 1:47am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 30 KB


one min tf support the gate to 1.3
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
332 traders viewing now