Cable Update (GBPUSD) | Page 26068 | 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)

  • #521,341
  • May 18, 2020 11:40pm May 18, 2020 11:40pm
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 05-26-2020 09.39.47_1.jpg Size: 109 KB
yes yes yes
  • #521,342
  • May 18, 2020 11:43pm May 18, 2020 11:43pm
Quoting elbert3
{image}Long added until 5 min cross possibly 2278 watching confirm breakout
Attached Image (click to enlarge)
Click to Enlarge Name: D46773C3-E6AA-431F-BA05-3FFA6B755AED.jpeg Size: 119 KB
as above and looking at that tl it could race up
  • #521,343
  • May 18, 2020 11:45pm May 18, 2020 11:45pm
Quoting fontu
perfect to test 1.2282 from at support & next signal 1.2466 breaks & hold for further up fo 2642 double top play.Take care {image} {image}
2260/82 test doing in an extension top if to correct for any support to further ups!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 42 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 43 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #521,344
  • May 18, 2020 11:45pm May 18, 2020 11:45pm
Trade what you see
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Analysis.mp4.png Size: 170 KB
Watch me trade Live on YouTube
  • #521,345
  • May 18, 2020 11:46pm May 18, 2020 11:46pm
Moty,

It seems you are all over the place first short then long. Can you tell me how you trade like this?
  • #521,346
  • May 18, 2020 11:48pm May 18, 2020 11:48pm
Quoting NeoMatriX
{quote} PA will try to test the H4 downtrend which has been running 54 x h4 @ 1.2250/60
h4
Attached Image
  • #521,347
  • May 18, 2020 11:49pm May 18, 2020 11:49pm
Quoting DailyChart
I am mentioned it many times before,The Key is Stacking at The Right Side Now watching where Pound close at the london open while other pairs going very well {image} {image} {image} {image}
Have you closed your GU buys? Most people were so certain it was going to the abyss at 1.16 and probably below. But some were also sure it was going to retrace. Now it is doing an extension more than a retrace. By the way, good trades on the other pairs.
  • #521,348
  • May 18, 2020 11:51pm May 18, 2020 11:51pm
Quoting shakmoney
Moty, It seems you are all over the place first short then long. Can you tell me how you trade like this?
There is something called the ignore button on FF. If you don't like a person's style of trading why not ignore instead of asking the person spiteful questions? I don't get some of your comments here. This is a public board and if anybody wants they can even post a trade losing a million pips, it doesn't matter.
  • #521,349
  • May 18, 2020 11:52pm May 18, 2020 11:52pm
Quoting Mitiblotch
{quote} Have you closed your GU buys? Most people were so certain it was going to the abyss at 1.16 and probably below. But some were also sure it was going to retrace. Now it is doing an extension more than a retrace. By the way, good trades on the other pairs.
mitch, can i ask, i was in a buy and i just closed it at the top. Not sure how to look at when to close to TP or let things run sometime. I find myself unable to master this skill, sometimes when i hold and let it run, it reveres and stops me out but sometimes i take TP too early as well. It's really hard to pick when to do so, any advice?
  • #521,350
  • May 18, 2020 11:53pm May 18, 2020 11:53pm
Quoting Mitiblotch
{quote} Have you closed your GU buys? Most people were so certain it was going to the abyss at 1.16 and probably below. But some were also sure it was going to retrace. Now it is doing an extension more than a retrace. By the way, good trades on the other pairs.
Price beautifuly reject and Stay above 1.2241 currently
I am will buy if price close above 1.2241, but price can't close below 1.2241 and 1.2258
  • #521,351
  • May 18, 2020 11:57pm May 18, 2020 11:57pm
True mate. But a trader needs to have insightful eyes, i.e. eyes that understand and can decipher what's on the charts. This comes with some hard work and solid trading skills.

KP

Quoting sunnym
Trade what you see {image}
Do your homework, follow the footprints of smart money
  • #521,352
  • May 18, 2020 11:59pm May 18, 2020 11:59pm
Quoting tehnoob
Bought again at 1.2179, at the open of the new hourly candle after the bearish hourly candle. If you believe you are in a developing trend, then look to buy/add at the close of sizeable counter-trend candles. Most of the times, the trend continues after that single counter-trend candle on at least the hourlies Stop loss can be places just below their lows {image}
Posted here yesterday
Attached Image (click to enlarge)
Click to Enlarge Name: GBPlongagain18May.jpg Size: 102 KB
  • #521,353
  • May 19, 2020 12:00am May 19, 2020 12:00am
development so far

SL moved to break even. This is now a free trade
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD get in long.jpg Size: 172 KB
  • #521,354
  • May 19, 2020 12:01am May 19, 2020 12:01am
DXY below 99.300 = buy buy shorts
Patience and Discipline.
  • #521,355
  • May 19, 2020 12:02am May 19, 2020 12:02am
Almost 200 pips bull run in less than 48 hours... Range trading is really powerful. Now weekly range almost attained on a Tuesday morning. It is retracement back to 1.2150 and still not ruling out a final crash to 1.2000, before a long lasting bull run to 1.27 in weeks ahead. Cheers!
Data + Stat + Risk/Emotions Management
  • #521,356
  • May 19, 2020 12:04am May 19, 2020 12:04am
Quoting blaze1
{quote} mitch, can i ask, i was in a buy and i just closed it at the top. Not sure how to look at when to close to TP or let things run sometime. I find myself unable to master this skill, sometimes when i hold and let it run, it reveres and stops me out but sometimes i take TP too early as well. It's really hard to pick when to do so, any advice?

One first step is, if we're in a range and you bought at the bottom of the range or sold at the top, assume the range will hold, and exit near the other end.

Sure, occasionally it will run away and break out. But the market spends most of its time ranging, so you will be right MOST OF THE TIME

If your stop is set to breakeven as soon as you can, who cares if it reverses some time. Nobody catches all of the pips on the table, consistently
  • #521,357
  • May 19, 2020 12:16am May 19, 2020 12:16am
Quoting shakmoney
{quote} Not sure how you trade, you keep switching sides.
Scalping
  • #521,358
  • May 19, 2020 12:31am May 19, 2020 12:31am
Quoting blaze1
{quote} mitch, can i ask, i was in a buy and i just closed it at the top. Not sure how to look at when to close to TP or let things run sometime. I find myself unable to master this skill, sometimes when i hold and let it run, it reveres and stops me out but sometimes i take TP too early as well. It's really hard to pick when to do so, any advice?
See technoob's post above. Good post. Let me add this: you can split your position into 5 or 10 places depending on what lot size you trade. Let's say you trade 0.05. You can buy/sell 0.01 in 5 places (0.01 X 5 = 0.05). When you do this you can easily close some in profit as the trade moves in your favour. +20 pips, you close one 0.1; +30-40 pips, you close another, etc. Then move SL into maybe 5-10 pips profit for the remaining active trades and go to sleep. If it keeps going in your favour, fine. If it comes back and takes you out, no problem. After all you made profit on the other ones you closed.

I wish you well.
  • #521,359
  • May 19, 2020 12:34am May 19, 2020 12:34am
Running out of steam,waiting for another setup
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Analysis.mp4.png Size: 66 KB
Watch me trade Live on YouTube
  • #521,360
  • May 19, 2020 12:37am May 19, 2020 12:37am
Attached Image (click to enlarge)
Click to Enlarge Name: 9CC1BB7B-2BB4-4E2E-AC55-B81742B4C27D.jpeg Size: 164 KB
major level here emas are short look until they cross . Tl is just about hit 2278 was target. And it looks like resistance on the shoulders.or armpits lol . so big red line here .
318 traders viewing now