Cable Update (GBPUSD) | Page 25513 | 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)

  • #510,241
  • Jan 30, 2020 7:03am Jan 30, 2020 7:03am
Quoting pipfarm
Lol they are only searching for liquidity to dump, keep buying guys and your only feeding the shorts
I think you nailed it hahaha
Hey buddy, let's grab some Pips!
  • #510,242
  • Jan 30, 2020 7:06am Jan 30, 2020 7:06am
No home run , tp move to 1.31000
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2020-01-31 15.04.33_1.jpg Size: 109 KB
yes yes yes
  • #510,243
  • Jan 30, 2020 7:12am Jan 30, 2020 7:12am
Quoting WhiteMouseFX
{quote} What?
EU - USDX correlation is mostly between 90-99%

BUT

GU - USDX correlation was about 15% at one point, 30% more times and every time its about 70%, its considered good.

So if you are using USDX to trade GU, you are wasting your time...GU has its own rules, separate from EU and the dollar itself.
Everyone can see the chart, but only a few can actually read it.
  • #510,244
  • Jan 30, 2020 7:25am Jan 30, 2020 7:25am
All out .
Trying quick scalp ,entey 1.30977 sl 1.31100 tp 1.30600
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2020-01-31 15.23.53_1.jpg Size: 104 KB
yes yes yes
  • #510,245
  • Jan 30, 2020 7:29am Jan 30, 2020 7:29am
Quoting Moty
No home run , tp move to 1.31000 {image}
Moty, it doesn't matter where you entered, It doesn't matter that yesterday was NR4, NR7...you held to 261.8% prior day range extension, by my book it's a home run. Give your self the credit well deserved.
Attached Image (click to enlarge)
Click to Enlarge Name: GU.01.30.30M.b.png Size: 71 KB
Always trade your own plan...I don't provide trading signals.
  • #510,246
  • Jan 30, 2020 7:35am Jan 30, 2020 7:35am
Quoting Coreg2004
{quote} Moty, it doesn't matter where you entered, It doesn't matter that yesterday was NR4, NR7...you held to 261.8% prior day range extension, by my book it's a home run. Give your self the credit well deserved. {image}
My home run is a greedy one.
And you are right ,this Is a home run ,and need to learn to appreciate those moves.
Ty my friend
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2020-01-30 15.34.06_1.jpg Size: 52 KB
yes yes yes
  • #510,247
  • Jan 30, 2020 7:37am Jan 30, 2020 7:37am
and...tip over you fake 100 pip f
  • #510,248
  • Jan 30, 2020 7:38am Jan 30, 2020 7:38am
Attached Image (click to enlarge)
Click to Enlarge Name: GBP4.PNG Size: 87 KB
  • #510,249
  • Jan 30, 2020 7:40am Jan 30, 2020 7:40am
For me it will be a good sign if the weekly candle closes above 1.31
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2020-01-30 at 14.36.12.png Size: 37 KB
  • #510,250
  • Jan 30, 2020 7:45am Jan 30, 2020 7:45am
its impact of fundamental FED + BOE
  • #510,251
  • Jan 30, 2020 7:49am Jan 30, 2020 7:49am
Quoting adam.green
{image}
lets see... but i think going on
  • #510,252
  • Jan 30, 2020 7:53am Jan 30, 2020 7:53am
usdx situation , pa to the point ok , breaks limit 97.77 so lower supports likely play as 97.61/49 and hence other try further up but not in straight line before possible tanking great!!take care
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #510,253
  • Jan 30, 2020 7:54am Jan 30, 2020 7:54am
Quoting OnlineAddict
{quote} EU - USDX correlation is mostly between 90-99% BUT GU - USDX correlation was about 15% at one point, 30% more times and every time its about 70%, its considered good. So if you are using USDX to trade GU, you are wasting your time...GU has its own rules, separate from EU and the dollar itself.
No worries.
If doesn't suit you, or you don't get it, don't bother.
Most of traders develop their own strategies at some point, but come here anyway to nicely share with everyone and also to expand their own horizon of possibilities instead of keeping their bias forever.
In the end, it's our own ability to identify patterns and cash pips that matters.
Hey buddy, let's grab some Pips!
  • #510,254
  • Jan 30, 2020 7:55am Jan 30, 2020 7:55am
Quoting Moty
{quote} My home run is a greedy one. And you are right ,this Is a home run ,and need to learn to appreciate those moves. Ty my friend {image}
great work
Intraday only.
  • #510,255
  • Jan 30, 2020 7:57am Jan 30, 2020 7:57am
210 traders short according to the trades section with average entry 1.2882 gives us a clue as to where the retail liquidity is for the bulls, i think there is lot more around 1.2600 but this would probably be a mix of retail and some trading institutions
Follow The Markets Structure - Patience and Discipline
  • #510,256
  • Jan 30, 2020 8:03am Jan 30, 2020 8:03am
SELL
3092

lets see what happens
in wondering about yourself, you forgot what you came here to be part of
  • #510,257
  • Jan 30, 2020 8:04am Jan 30, 2020 8:04am
Quoting fontu
usdx situation , pa to the point ok , breaks limit 97.77 so lower supports likely play as 97.61/49 and hence other try further up but not in straight line before possible tanking great!!take care {image}
I saw that too.
I would go a little bit further.
My guess: 97.30-97.35
Let's see.
Hey buddy, let's grab some Pips!
  • #510,258
  • Jan 30, 2020 8:05am Jan 30, 2020 8:05am
Quoting WhiteMouseFX
{quote} No worries. If doesn't suit you, or you don't get it, don't bother. Most of traders develop their own strategies at some point, but come here anyway to nicely share with everyone and also to expand their own horizon of possibilities instead of keeping their bias forever. In the end, it's our own ability to identify patterns and cash pips that matters.
All I was saying is that today's GU move have nothing to do with USDX, as you pointed out. Instead of admitting you were wrong, you give this nonsense speech, to distract, like a politician.

I was watching USDX, EU and GU all day. Pound was the weakest and not linked to USDX at all, then when BoE did what was expected and GU spiked up, that was what moved the USDX chart, NOT THE OTHER WAY AROUND! Do you see the logic behind what you posted? That USDX moved GU? So it didn't move EU(and any other xU pair), but it moved GU during a BoE meeting?
Everyone can see the chart, but only a few can actually read it.
  • #510,259
  • Jan 30, 2020 8:13am Jan 30, 2020 8:13am
Killary Clinton: "What difference, at this point, does it make?"

Doesn't matter who's right or wrong, as long as you make profit and cut losses....
Lost....
  • #510,260
  • Edited 8:40am Jan 30, 2020 8:24am | Edited 8:40am
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2020-01-30 16.21.59_1.jpg Size: 113 KB
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2020-01-30 16.39.16_1.jpg Size: 109 KB
yes yes yes
1,569 traders viewing now