Cable Update (GBPUSD) | Page 25802 | 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)

  • #516,021
  • Apr 9, 2020 7:21am Apr 9, 2020 7:21am
Quoting gespiri
I'm choosing door nr. 1 at 1.2379 then up... I'm still targeting 1.254 for TP....61.8% fib. {image}
now if i show you door nr 3...
is it then more profitable for you to switch to door nr 2 or hold door nr 1??

""understanding the Monty Hall Problem"
https://betterexplained.com/articles...-hall-problem/
in wondering about yourself, you forgot what you came here to be part of
  • #516,022
  • Apr 9, 2020 7:26am Apr 9, 2020 7:26am
Quoting knkie
{quote} now if i show you door nr 3... is it then more profitable for you to switch to door nr 2 or hold door nr 1?? ""understanding the Monty Hall Problem" https://betterexplained.com/articles...-hall-problem/
As long as it goes up to the tower after reaching these doors, then I'm more profitable.
Lost....
  • #516,023
  • Edited 7:58am Apr 9, 2020 7:30am | Edited 7:58am
Hi, I was long Cable this morning from 1.23633 however the failure of my R1 level @ 1.24380 and the current retracement on the H4 candle I am now considering to go short. Would we have to see a close below 1.24000 on to be a valid short or does the candle print of a shooting star also count. The main reason I ask is because I would like to gain a better understanding of key levels in CABLE and when technical patterns would be considered invalid due to a price level etc. Thanks !
  • #516,024
  • Apr 9, 2020 7:31am Apr 9, 2020 7:31am
Attached Image (click to enlarge)
Click to Enlarge Name: Annotation 2020-04-09 133124.png Size: 9 KB
  • #516,025
  • Apr 9, 2020 7:38am Apr 9, 2020 7:38am
Quoting elbert3
{quote} We can keep an eye on it
There's a good chance I'll cancel my oil buy stop because it's a technical trade and if it doesn't reach my price soon then it's no go.
Gone to a better place
  • #516,026
  • Apr 9, 2020 7:46am Apr 9, 2020 7:46am
Take a look at EG on daily fibonacci 61.8 level. EG will hold GU for a while.
  • #516,027
  • Apr 9, 2020 7:50am Apr 9, 2020 7:50am
right calling it a day, had a terrible start 3 losing trades in a row but have brang it back and just hit 9 scalps correct in a row, not near my daily target but im not comfortable with chart rn and I have decided to leave my setup, ill be back tomorrow, i guess this is what i get starting to trade at midday ay haha lol

stay safe all, and trade safe

Joe
  • #516,028
  • Apr 9, 2020 7:57am Apr 9, 2020 7:57am
Quoting joesherwood
right calling it a day, had a terrible start 3 losing trades in a row but have brang it back and just hit 9 scalps correct in a row, not near my daily target but im not comfortable with chart rn and I have decided to leave my setup, ill be back tomorrow, i guess this is what i get starting to trade at midday ay haha lol stay safe all, and trade safe Joe
UK Bank holiday weekend so stay safe buddy, we either get 0 movement or we get 110% movement it can be a real rollercoaster
  • #516,029
  • Apr 9, 2020 8:00am Apr 9, 2020 8:00am
if 2447 breaks, 2470/95 today
Intraday only.
  • #516,030
  • Apr 9, 2020 8:02am Apr 9, 2020 8:02am
Quoting navk
if 2447 breaks, 2470/95 today
Technically very realistic, momentum is strong now as well.
Fix up, trade sharp ...
  • #516,031
  • Apr 9, 2020 8:06am Apr 9, 2020 8:06am
Cable buoyed by US initial jobs data

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 57 KB
Don't Leave Money on the Table
  • #516,032
  • Apr 9, 2020 8:07am Apr 9, 2020 8:07am
USD looks very weak across the board ... no shorts for me at Cable in sight ...
Fix up, trade sharp ...
  • #516,033
  • Apr 9, 2020 8:13am Apr 9, 2020 8:13am
Quoting elbert3
{image} fast move try to trade jungle posts and moves at the same time
Again just in time . And we seen that fast move up and past . Normally find fast up has its problems as it gets to far from emas
  • #516,034
  • Apr 9, 2020 8:14am Apr 9, 2020 8:14am
Quoting Almo2312
{quote} 1.2470 ish my first target stay safe{image}
done!

stay safe

this is the real deal !!
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #516,035
  • Apr 9, 2020 8:15am Apr 9, 2020 8:15am
TP @70 ish, done for the week. Happy Easter all!
Fix up, trade sharp ...
  • #516,036
  • Apr 9, 2020 8:18am Apr 9, 2020 8:18am
Sorry guys, this is a little on the side note. Several fellow day traders have been asking to show how they can day trade using fibonacci based analysis which I use for swing trading. In this tutorial I show how you have made around 130 PIPs day trading GBPUSD in 16 hours or so.

Inserted Video
Technical Analyst & Trader @ Vikinsa
  • #516,037
  • Apr 9, 2020 8:18am Apr 9, 2020 8:18am
Quoting Hickson
TP @70 ish, done for the week. Happy Easter all!
Stay safe H
  • #516,038
  • Apr 9, 2020 8:18am Apr 9, 2020 8:18am
Just had a stellar weeks trading and one more day to go

Mon 10% Tues 12% Wed 16% Thur 15.5% on top of each day
Don't Leave Money on the Table
  • #516,039
  • Apr 9, 2020 8:20am Apr 9, 2020 8:20am
When gbj hits my 136 then it’s time to think about GU 2510 still for me
  • #516,040
  • Apr 9, 2020 8:22am Apr 9, 2020 8:22am
Let's watch 24.74 and see if it can close beyond that. It's all a game Federal Reserve Claims It Has ‘Infinite Amount of Cash’
328 traders viewing now