Cable Update (GBPUSD) | Page 26239 | 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)

  • #524,761
  • Jun 2, 2020 2:47am Jun 2, 2020 2:47am
1.24830 - bounce or break.
Patience and Discipline.
  • #524,762
  • Jun 2, 2020 2:51am Jun 2, 2020 2:51am
GD all

Been away for a couple of weeks, day job again taking up too much of my time and unable to get settled to trade profitably

On the daily chart the 100ma comes in @ 2570 confluence with the top line of a descending channel above that is the daily 200ma currently sitting @ 2668. So as I see it a decent break above 2670 will nullify the down trend baring negative fundamental news and 2650ish was touched 14th and 30th April..
Traders will be looking to a boost in the UK economy now the country is starting to open up again after lockdown...
I can be totally wrong...
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 68 KB
Don't Leave Money on the Table
  • #524,763
  • Jun 2, 2020 2:52am Jun 2, 2020 2:52am
w1 : hit R
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly0206.png Size: 83 KB
SCALP WIN
  • #524,764
  • Jun 2, 2020 2:53am Jun 2, 2020 2:53am
Quoting Stefan90csk
1.24830 - bounce or break.
Or 1.2486 - 1.2497.
Break down is bearish IMO.
Lost....
  • #524,765
  • Jun 2, 2020 2:54am Jun 2, 2020 2:54am
Closed my short at 1.2516
+30 pips secured. Will be back later
Set GOAL, REACH and REPEAT.
  • #524,766
  • Jun 2, 2020 2:56am Jun 2, 2020 2:56am
Quoting HaLBot
GD all Been away for a couple of weeks, day job again taking up too much of my time and unable to get settled to trade profitably On the daily chart the 100ma comes in @ 2570 confluence with the top line of a descending channel above that is the daily 200ma currently sitting @ 2668. So as I see it a decent break above 2670 will nullify the down trend baring negative fundamental news and 2650ish was touched 14th and 30th April.. Traders will be looking to a boost in the UK economy now the country is starting to open up...
Welcome back , I wondered where you are hiding
  • #524,767
  • Jun 2, 2020 2:59am Jun 2, 2020 2:59am
Quoting elbert3
{quote} Welcome back , I wondered where you are hiding
Cheers Elbert3 thanks M8
Don't Leave Money on the Table
  • #524,768
  • Jun 2, 2020 3:01am Jun 2, 2020 3:01am
1.2510 short, to hold for days until 1.2180 & 1.2090
COT: The precious data ignored
  • #524,769
  • Jun 2, 2020 3:01am Jun 2, 2020 3:01am
Attached Image (click to enlarge)
Click to Enlarge Name: guh1.png Size: 39 KB
Attached Image (click to enlarge)
Click to Enlarge Name: egh4.png Size: 38 KB
Attached Image (click to enlarge)
Click to Enlarge Name: dxh1.png Size: 29 KB
yes yes yes
  • #524,770
  • Jun 2, 2020 3:04am Jun 2, 2020 3:04am
Short,collecting either way
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Analysis.mp4.png Size: 126 KB
Watch me trade Live on YouTube
  • #524,771
  • Jun 2, 2020 3:05am Jun 2, 2020 3:05am
Bought the dip
Life is great!!
  • #524,772
  • Jun 2, 2020 3:06am Jun 2, 2020 3:06am
Quoting SFundamental
{quote} Thanks Not-KPMG Goldmans telling people to sell the dollar, the issues with China, and political problems - were always going to put the dollar under pressure In the UK things are starting to open up more as they are in Aus. I was looking at Brexit negotiations to sell the pound. Perhaps in light of the dollar issue a long EURGBP 0.8880 looks a decent price- if we get it Would expect some sort of reaction here in any event. Will have to see what the headlines/Barnier/Frost are saying One thing that did concern me was Bloomberg saying that...
Got .8800 currently up 20 pips stops now at break even+1
There is euro yen option hedging at 1.20 though
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #524,773
  • Jun 2, 2020 3:11am Jun 2, 2020 3:11am
waiting break
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM50206.png Size: 39 KB
SCALP WIN
  • #524,774
  • Jun 2, 2020 3:12am Jun 2, 2020 3:12am
Quoting kuroro001
1.2510 short, to hold for days until 1.2180 & 1.2090
Nice swing idea... Check daily chart of April 16 2018 to April 20 2018, the weekly candle opened at 1.3229, made a low of 1.3229 then bounced to 1.3378 before a slide down to 1.3003 to end that week... This week so far has 0 pip low to the open and a mammoth 230 pips above the open a crash back to 1.2323 and 1.22 looms... Another classic example is November 2018... This often happen when a long term fall looms.
Data + Stat + Risk/Emotions Management
  • #524,775
  • Jun 2, 2020 3:14am Jun 2, 2020 3:14am
Inserted Video
Watch me trade Live on YouTube
  • #524,776
  • Jun 2, 2020 3:14am Jun 2, 2020 3:14am
Gone long 2512 for a scalp to 2530...still above the 10ema on hourly
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 73 KB
Don't Leave Money on the Table
  • #524,777
  • Jun 2, 2020 3:15am Jun 2, 2020 3:15am
Quoting Georginson
{quote} Nice swing idea... Check daily chart of April 16 2018 to April 20 2018, the weekly candle opened at 1.3229, made a low of 1.3229 then bounced to 1.3378 before a slide down to 1.3003 to end that week... This week so far has 0 pip low to the open and a mammoth 230 pips above the open a crash back to 1.2323 and 1.22 looms... Another classic example is November 2018... This often happen when a long term fall looms.
You have very good statistics, i like it

You do it on your own ? or there is a site to check such datas?

I agree the downside may not be over
https://www.forexfactory.com/showthr...4#post12976044
COT: The precious data ignored
  • #524,778
  • Jun 2, 2020 3:16am Jun 2, 2020 3:16am
It looks to retest 1.2550 or further up before goibg down
Set GOAL, REACH and REPEAT.
  • #524,779
  • Jun 2, 2020 3:27am Jun 2, 2020 3:27am
Quoting kuroro001
{quote} You have very good statistics, i like it You do it on your own ? or there is a site to check such datas? I agree the downside may not be over https://www.forexfactory.com/showthr...4#post12976044
I do it on my own. Thanks mate
Data + Stat + Risk/Emotions Management
  • #524,780
  • Jun 2, 2020 3:29am Jun 2, 2020 3:29am
Low impact but even low impact can have an impact sometimes
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 7 KB
Don't Leave Money on the Table
276 traders viewing now