Cable Update (GBPUSD) | Page 27043 | 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)

  • #540,841
  • Aug 5, 2020 2:27am Aug 5, 2020 2:27am
Please don't make this thread useless. give your opinion with proper justification . why a trade, buy or sell should be entered , where to exit and why . I know some traders here are very good at trading and making good money consistently but some of the traders have absolutely clueless where and why to enter or exit a trade. there are just posting again and again to prove that market will move to their direction by influencing the mind of traders here. Believe it will never move because you are saying , it will move to the direction where history plus current scenarios justify it . Peace plz .
little bit of sense, little bit of luck
Ktr Return This Month: na
  • #540,842
  • Aug 5, 2020 2:31am Aug 5, 2020 2:31am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 24 KB
yes yes yes
  • #540,843
  • Aug 5, 2020 2:39am Aug 5, 2020 2:39am
USD is very weak.
A problem for bears like me
Patience.....
  • #540,844
  • Aug 5, 2020 2:39am Aug 5, 2020 2:39am
Quoting Tpak
Please don't make this thread useless. give your opinion with proper justification . why a trade, buy or sell should be entered , where to exit and why . I know some traders here are very good at trading and making good money consistently but some of the traders have absolutely clueless where and why to enter or exit a trade. there are just posting again and again to prove that market will move to their direction by influencing the mind of traders here. Believe it will never move because you are saying , it will move to the direction where history...
Dear Tpak, since you asked nicely, I'll respond on why I'm long on GU. Please remember that I trade up to 20 pairs, if I see an entry, I take it. The bulls are in control of the H1 - W1 charts, so I trade with the momentum. I buy every GU dip, and target 30-40 pips. I do the same on the other pairs I'm trading. Most of my trades closed hitting TP. My EURJPY trade is about to hit TP, I have an open target on my last open GU trade, may close it manually later today.

Bottom line? Trade with the momentum and you cannot go wrong.

But wait, let me leave before I embarrass myself.

Guz Out.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 0508_1.JPG Size: 56 KB
Click to Enlarge Name: 0508_2.JPG Size: 23 KB
Charts don't drive price, market conditions drive price...
  • #540,845
  • Aug 5, 2020 2:44am Aug 5, 2020 2:44am
311x is clear now ?
next 3140/3170 maybe
PA Return Today: na
  • #540,846
  • Aug 5, 2020 2:51am Aug 5, 2020 2:51am
Quoting Guztro
{quote} Dear Tpak, since you asked nicely, I'll respond on why I'm long on GU. Please remember that I trade up to 20 pairs, if I see an entry, I take it. The bulls are in control of the H1 - W1 charts, so I trade with the momentum. I buy every GU dip, and target 30-40 pips. I do the same on the other pairs I'm trading. Most of my trades closed hitting TP. My EURJPY trade is about to hit TP, I have an open target on my last open GU trade, may close it manually later today. Bottom line? Trade with the momentum and you cannot go wrong. But wait, let...
Congrats on your beautiful trades. I aspire to grow my account to a size that I can open such lot sizes one day.

But just to resonate on what you said. GU is bullish, and dollar is constantly weakening, just buy dips/retracements and ride the momentum and any trader shouldn't lose any trades. No need to even draw any charts to show everyone, just simple S/R trading in a market like now is good enough.
  • #540,847
  • Aug 5, 2020 2:56am Aug 5, 2020 2:56am
drop like a stone
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 38 KB
yes yes yes
  • #540,848
  • Aug 5, 2020 2:57am Aug 5, 2020 2:57am
Took a sell at daily R1, SL now at BE. Targeting S1 or more!
  • #540,849
  • Aug 5, 2020 2:58am Aug 5, 2020 2:58am
ok.

now 3124 to 3000
today for me.
Intraday only.
  • #540,850
  • Aug 5, 2020 3:03am Aug 5, 2020 3:03am
looks like inverted head and shoulder..
  • #540,851
  • Aug 5, 2020 3:13am Aug 5, 2020 3:13am
Quoting Guztro
{quote} Dear Tpak, since you asked nicely, I'll respond on why I'm long on GU. Please remember that I trade up to 20 pairs, if I see an entry, I take it. The bulls are in control of the H1 - W1 charts, so I trade with the momentum. I buy every GU dip, and target 30-40 pips. I do the same on the other pairs I'm trading. Most of my trades closed hitting TP. My EURJPY trade is about to hit TP, I have an open target on my last open GU trade, may close it manually later today. Bottom line? Trade with the momentum and you cannot go wrong. But wait, let...
That's the spirit man. yesterday i warned sellers with proper justification but there are some who don't care before blowing up their account.
Quoting Tpak
There is a weekly confluence at 1.2950-1.2960 which could become a strong support zone , sellers beware {image}
little bit of sense, little bit of luck
Ktr Return This Month: na
  • #540,852
  • Aug 5, 2020 3:15am Aug 5, 2020 3:15am
short for me
  • #540,853
  • Aug 5, 2020 3:19am Aug 5, 2020 3:19am
Quoting Guztro
{quote} Dear Tpak, since you asked nicely, I'll respond on why I'm long on GU. Please remember that I trade up to 20 pairs, if I see an entry, I take it. The bulls are in control of the H1 - W1 charts, so I trade with the momentum. I buy every GU dip, and target 30-40 pips. I do the same on the other pairs I'm trading. Most of my trades closed hitting TP. My EURJPY trade is about to hit TP, I have an open target on my last open GU trade, may close it manually later today. Bottom line? Trade with the momentum and you cannot go wrong. But wait, let...
hai Guztro

how to feel or see the momentum and execute that ? is a silly question maybe, but i still want to learn that because mostly i don't even know when to enter, so i enterand exiy blindly, just because i see profit or losses.

thanks
  • #540,854
  • Aug 5, 2020 3:21am Aug 5, 2020 3:21am
Ok fear overtook me cause im a newb, took 42 pips... When will I learn to hold trades? One day maybe
  • #540,855
  • Aug 5, 2020 3:22am Aug 5, 2020 3:22am
nice one navk.
  • #540,856
  • Aug 5, 2020 3:24am Aug 5, 2020 3:24am
I left for a few days because of the infighting, came back and you guys are still at each other's throat...

We really need a mod to kick out some people.
  • #540,857
  • Aug 5, 2020 3:25am Aug 5, 2020 3:25am
Quoting Moty
drop like a stone {image}
how does it feels to wait for drop 100+ pips to earn 0 dollar?

start listen
  • #540,858
  • Aug 5, 2020 3:27am Aug 5, 2020 3:27am
Short in at 1.3067 target 30 pips
Don't trade what you think. Just what you see!!!
  • #540,859
  • Aug 5, 2020 3:28am Aug 5, 2020 3:28am
Quoting navk
ok. now 3124 to 3000 today for me.
Great job Navk. Did break 1.3110 marginally now 1.3010 is back on the table for today if this high is maintained, then 1.2900 for this week also.
Data + Stat + Risk/Emotions Management
  • #540,860
  • Aug 5, 2020 3:38am Aug 5, 2020 3:38am
Quoting navk
ok. now 3124 to 3000 today for me.
i may be wrong , but my system says it could break the previous high of the day. 4h candle did not attempted the resistance at 1.3134 so may be wanting some more fuel to attempt .
little bit of sense, little bit of luck
Ktr Return This Month: na
1,243 traders viewing now