Cable Update (GBPUSD) | Page 25384 | 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)

  • #507,661
  • Jan 6, 2020 8:58am Jan 6, 2020 8:58am
Quoting navk
do not get carried away by todays up move. It is just correction on hourly. Daily and 4 hr still selling only.
I am considering proposing to this flag
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2020-01-06 16.57.05_1.jpg Size: 97 KB
yes yes yes
  • #507,662
  • Jan 6, 2020 9:09am Jan 6, 2020 9:09am
Quoting Moty
{quote} I am considering proposing to this flag {image}
how come you are ale to see my post ? I am wondering... you know why.

Intraday only.
  • #507,663
  • Jan 6, 2020 9:13am Jan 6, 2020 9:13am
Quoting Moty
I am back !!!!! Long . Sl 1.31300 Tp 1.31738 {image}
today is still in buy mode, may be tomorrow also. yeah. But let us see 1.3200
Intraday only.
  • #507,664
  • Edited 9:44am Jan 6, 2020 9:23am | Edited 9:44am
are you ready ?????
wow , it's good to be back
if i will be stoped out , i will re enter at 1.31087
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GUh1.png Size: 32 KB
Click to Enlarge Name: gu15.png Size: 32 KB
Click to Enlarge Name: eg.png Size: 33 KB
yes yes yes
  • #507,665
  • Jan 6, 2020 9:29am Jan 6, 2020 9:29am
Quoting Ayax.TSS
#GBPUSD / H4 {image}
Don't you think that Wave B is incomplete and that the current uptrend is completing wave c of B (B is a Zig-Zag)?
  • #507,666
  • Jan 6, 2020 9:35am Jan 6, 2020 9:35am
Quoting navk
{quote} today is still in buy mode, may be tomorrow also. yeah. But let us see 1.3200

if H4 closes above 3150 id say buy mode is completely back.
if it rejects this on H4 i think we go down again.

But this is exactly the type of situation i do not like: too many if this's & if that's.
Need more confluence !
in wondering about yourself, you forgot what you came here to be part of
  • #507,667
  • Jan 6, 2020 11:13am Jan 6, 2020 11:13am
Quoting greengp
{quote} for me now $ 1 equals $ 5 now i am not giving to leave them

$7.5 TO $ 1
  • #507,668
  • Jan 6, 2020 11:19am Jan 6, 2020 11:19am
Quoting greengp
{quote} $7.5 to $ 1
so many people ignored me but i still look for direction. Keep listen to music and some wine
  • #507,669
  • Jan 6, 2020 11:29am Jan 6, 2020 11:29am
did you guy can "really" tell that GBP is up trend or down trend ... ? lol for me in GBP is no trend "in reallity"
  • #507,670
  • Jan 6, 2020 11:30am Jan 6, 2020 11:30am
Quoting knkie
{quote} if H4 closes above 3150 id say buy mode is completely back. if it rejects this on H4 i think we go down again. But this is exactly the type of situation i do not like: too many if this's & if that's. Need more confluence !
almost at a coin flip, the 4h bearish pin head can be a false flag for sure.
  • #507,671
  • Jan 6, 2020 11:35am Jan 6, 2020 11:35am
The original Taken Profit 1.31738 reached . minwhile my appetite is grew.
Black Line symbolizes the hourly 20 sma , from there take the trade after the sma 20 h & l channal breach
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu15.png Size: 35 KB
Click to Enlarge Name: eg.png Size: 31 KB
yes yes yes
  • #507,672
  • Jan 6, 2020 11:42am Jan 6, 2020 11:42am
Quoting knkie
{quote} if H4 closes above 3150 id say buy mode is completely back. if it rejects this on H4 i think we go down again. But this is exactly the type of situation i do not like: too many if this's & if that's. Need more confluence !
Daily close above 3150, likely to be more bullish tomorrow, I agree.
Intraday only.
  • #507,673
  • Jan 6, 2020 11:48am Jan 6, 2020 11:48am
Quoting Ra.
{quote} almost at a coin flip, the 4h bearish pin head can be a false flag for sure.
agreed
i think the chart is showing traders dont know what to make of the international situation.
One would think the USD would be weaker but its hanging in there.
Its mainly JPY & AUD that are weak today.

3170 area is prooving to be very difficult to break.

As you said: coin flip
in wondering about yourself, you forgot what you came here to be part of
  • #507,674
  • Jan 6, 2020 11:55am Jan 6, 2020 11:55am
Quoting knkie
{quote} agreed i think the chart is showing traders dont know what to make of the international situation. One would think the USD would be weaker but its hanging in there. Its mainly JPY & AUD that are weak today. 3170 area is prooving to be very difficult to break. As you said: coin flip
3170 not likely to break today.

Also I see it is hourly resistance.

A pull back close to 3140 tomorrow before pushing up.
Intraday only.
  • #507,675
  • Edited 12:09pm Jan 6, 2020 11:55am | Edited 12:09pm
Quoting Pumi
{quote} Don't you think that Wave B is incomplete and that the current uptrend is completing wave c of B (B is a Zig-Zag)?
Pumi, yes, it is possible GU might make another leg up... I changed my labeling after the 6th day of correction (AB) which matches 0A retracement in time, also 6 days (agreement with the guidelines)...It's the market, every option is always on the table until the pattern becomes clear...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU.01.06.daily.png Size: 87 KB
Click to Enlarge Name: ABC.GUIDELINES.PNG Size: 44 KB
Always trade your own plan...I don't provide trading signals.
  • #507,676
  • Jan 6, 2020 12:01pm Jan 6, 2020 12:01pm
Quoting navk
{quote} 3170 not likely to break today. Also I see it is hourly resistance. A pull back close to 3140 tomorrow before pushing up.
lol
very good !

H1 is the frame i was using for that level

and then there is 3182 on the day chart

thats too much R for today i would think as well
in wondering about yourself, you forgot what you came here to be part of
  • #507,677
  • Jan 6, 2020 12:55pm Jan 6, 2020 12:55pm
Probably risky and too early:

SELL 3161
trgt 3129
in wondering about yourself, you forgot what you came here to be part of
  • #507,678
  • Jan 6, 2020 12:56pm Jan 6, 2020 12:56pm
Inserted Video
  • #507,679
  • Jan 6, 2020 2:56pm Jan 6, 2020 2:56pm
Quoting FloatingCha
did you guy can "really" tell that GBP is up trend or down trend ... ? lol for me in GBP is no trend "in reallity"
Trends don’t exist, forget them. It’s neither bullish or brearish either, forget those description labels as well.
Price just aims for TARGETS, find the correct target and just stay on the long side of order flow if it’s above, stay on the short side of order flow if it’s below. I hit my head on a brick wall when traders try and find a label for the market.
Those names just make you miss the change in direction.
Trading thin liquidity at the boundary of the charts
  • #507,680
  • Jan 6, 2020 3:00pm Jan 6, 2020 3:00pm
Quoting RickM
{quote} Trends don’t exist, forget them. It’s neither bullish or brearish either, forget those description labels as well. Price just aims for TARGETS, find the correct target and just stay on the long side of order flow if it’s above, stay on the short side of order flow if it’s below. I hit my head on a brick wall when traders try and find a label for the market. Those names just make you miss the change in direction.
Love it!
Pip Goes The Weasel
216 traders viewing now