Cable Update (GBPUSD) | Page 25518 | 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)

  • #510,341
  • Jan 31, 2020 4:57am Jan 31, 2020 4:57am
Quoting vikinsa
GBPUSD has been consolidating and creating harmonic patterns and Fibonacci confluences. Trading consolidation does not have to be boring. All we need is the just the knowledge of Fibonacci ratios and harmonic patterns. {image}
Second chance:

https://www.tradingview.com/chart/GB...t-Opportunity/

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Short Position Update Running good-2.png Size: 166 KB


Another pattern completion:

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Consolidation Harmonic Patterns and Fibonacci Confluences For Forex Trading Vikinsa-2.png Size: 129 KB
Technical Analyst & Trader @ Vikinsa
  • #510,342
  • Jan 31, 2020 5:04am Jan 31, 2020 5:04am
Short on GU now and staying short no matter what else happens today, we can spike higher, I don't mind...I don't want to fall into any bull traps before the weekend, monday open might be very nasty.
Everyone can see the chart, but only a few can actually read it.
  • #510,343
  • Jan 31, 2020 5:11am Jan 31, 2020 5:11am
its hard to break for bull.. careful trap buyer
Attached Image (click to enlarge)
Click to Enlarge Name: 31 1 710.PNG Size: 39 KB
  • #510,344
  • Jan 31, 2020 5:17am Jan 31, 2020 5:17am
price will start moving up again now.

BUY 3109
in wondering about yourself, you forgot what you came here to be part of
  • #510,345
  • Jan 31, 2020 5:27am Jan 31, 2020 5:27am
Quoting knkie
price will start moving up again now. BUY 3109
yup, wasn't patient enough... moved out SL, because I thinkkk i'm getting a signature on GU... was giving me problems for the last week...so i just watched it n' placed no trades..
Attached Image
  • #510,346
  • Jan 31, 2020 5:27am Jan 31, 2020 5:27am
HIGH OF THE DAY IN THE MAKING
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU1.png Size: 33 KB
Click to Enlarge Name: GU.png Size: 37 KB
yes yes yes
  • #510,347
  • Jan 31, 2020 5:28am Jan 31, 2020 5:28am
Quoting cablefx
its hard to break for bull.. careful trap buyer {image}
lol you could have drawn that same TL last week. week before, week before on newer highs, and it WILL break the TL. I've been there, at best, it's good for reactionary trading, but not for mid-term/long term analysis solely on the TL.
  • #510,348
  • Jan 31, 2020 5:30am Jan 31, 2020 5:30am
Quoting Ra.
{quote} yup, wasn't patient enough... moved out SL, because I thinkkk i'm getting a signature on GU... was giving me problems for the last week...so i just watched it n' placed no trades.. {image}
if the Day & H4 charts are lined up its better to just follow momentum
in wondering about yourself, you forgot what you came here to be part of
  • #510,349
  • Jan 31, 2020 5:37am Jan 31, 2020 5:37am
Quoting Ra.
{quote} lol you could have drawn that same TL last week. week before, week before on newer highs, and it WILL break the TL. I've been there, at best, it's good for reactionary trading, but not for mid-term/long term analysis solely on the TL.
sorry, what i'mt trying to say, is I haven't seen a clean '3- tap' TL on this pair over a 'mid term' period after elections.

maybe one or two sets. rest is just tricky tricky.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 165 KB
  • #510,350
  • Jan 31, 2020 5:40am Jan 31, 2020 5:40am
Quoting knkie
{quote} if the Day & H4 charts are lined up its better to just follow momentum
I agree....

I got too fixated on my method of trading + being bear bias on the pair. After the elections, I was just shorting after accumulation/release towards downside. After it broke through support.

I mentioned way back, typically I short....so buying for me is a skill I need to develop, my entries for longs are slowly getting better... but a long ways off to proficient IMO.
  • #510,351
  • Jan 31, 2020 6:38am Jan 31, 2020 6:38am
the spike is coming
dx broke his trend line
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU.png Size: 28 KB
Click to Enlarge Name: DX.png Size: 34 KB
yes yes yes
  • #510,352
  • Jan 31, 2020 6:50am Jan 31, 2020 6:50am
Unclear direction. Friday afternoon also doesn't help much.
Bias is up, but there might be some deep down testing of 1.29 levels before that.

Attached Image (click to enlarge)
Click to Enlarge Name: gbp today.png Size: 36 KB
The biggest risk is not taking a risk.
  • #510,353
  • Edited 7:58am Jan 31, 2020 6:56am | Edited 7:58am
Quoting navk
i am seeing this. {image} {image}
Quoting Coreg2004
{quote} chess king, if I may...I know, it looks like @fontu's chart... {image}
navk, stick around I will explain how I trade HP...for now look at my chart from yesterday and today.
Update:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU.01.31.30M.png Size: 71 KB
Click to Enlarge Name: GU.01.31.30M.b.png Size: 73 KB
Always trade your own plan...I don't provide trading signals.
  • #510,354
  • Jan 31, 2020 6:57am Jan 31, 2020 6:57am
#GBPUSD / H4
Attached Image (click to enlarge)
Click to Enlarge Name: jJuuGfD.png Size: 90 KB
  • #510,355
  • Jan 31, 2020 7:11am Jan 31, 2020 7:11am
Attached Image (click to enlarge)
Click to Enlarge Name: GU1.png Size: 34 KB
yes yes yes
  • #510,356
  • Jan 31, 2020 7:17am Jan 31, 2020 7:17am
add a buy
3130

still holding 3109

target 3168
in wondering about yourself, you forgot what you came here to be part of
  • #510,357
  • Jan 31, 2020 7:25am Jan 31, 2020 7:25am
Long in at 1.3134
Don't trade what you think. Just what you see!!!
  • #510,358
  • Jan 31, 2020 7:30am Jan 31, 2020 7:30am
Quoting knkie
add a buy 3130 still holding 3109 target 3168
Attached Image
Charts don't drive price, market conditions drive price...
  • #510,359
  • Jan 31, 2020 7:51am Jan 31, 2020 7:51am
Hod has broken up ,preper yourself to wave 5
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2020-01-31 15.48.12_1.jpg Size: 49 KB
yes yes yes
  • #510,360
  • Jan 31, 2020 7:55am Jan 31, 2020 7:55am
Maybe even today 1.32
1,010 traders viewing now, 1 is registered: