Cable Update (GBPUSD) | Page 27304 | 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)

  • #546,061
  • Sep 3, 2020 2:26am Sep 3, 2020 2:26am
Long @ 1.3293

SL & sell order @ 1.3270
  • #546,062
  • Sep 3, 2020 2:29am Sep 3, 2020 2:29am
G/M dip down off asian session hi to a new lo -3276 just below y/day's lo...plenty of pot supp/rbs on way down and 4hr hidden bullish div developing so long as price stays some way above 3160 swing lo on that t/f. (on my osc settings at least.) Bulls encountering 1st ppa on 1hr right now the nearest prev sw lo = prev supp = pot sbr. Next downside fibs 3266 then 3245. G/L today all.
Trader with an Edge.
  • #546,063
  • Sep 3, 2020 2:29am Sep 3, 2020 2:29am
Attached Image (click to enlarge)
Click to Enlarge Name: longs.png Size: 88 KB
I'm still emotionally stuck on longs.

Had a short yesterday which I closed in profit. This covered a few stops for long searching.

I'm still bullish whilst the 1hr chart is above 200 EMA although I realise that it's going down.

Had a long which was in profit last night, and had the opportunity to close it but I didn't want to make decisions late at night.

This morning it got taken out.

Took the bounce off 200EMA and the sloping support.

I've been peeking at past retracements this year, and potentially this may be another side move before the next wave up.

I'd like to be able to shift my bias better, but I think I need to spend more time on the testing software. It's been helpful, but I just need to put in more practice.

Thank you all for sharing.

Daniel
I have no clue where it's going
  • #546,064
  • Sep 3, 2020 2:31am Sep 3, 2020 2:31am
Quoting Alorente
Here is the big one. We are at the H1 Head and Shoulders neckline. A break will target a minimum of 1.3070. The next 5 to 10 hours are critical. {image}
The big move is probably waiting for tomorrow's US news...might go higher for a nice short first.
Everyone can see the chart, but only a few can actually read it.
  • #546,065
  • Sep 3, 2020 2:35am Sep 3, 2020 2:35am
Quoting tehnoob
Yarrr me maties! Teh insane pirate yellow pufferfish is back on Cable with a conviction trade! Luke has gone long on Cable at these levels and intends to add to it if price declines. His long term target is 1.57- 1.60ish He's gone berserk! I have NO idea where he got that target from. What are his lid-less fish eyes seeing that I am not? I must add that Luke is nowhere near as bullish on EUR as he is on Cable. He things EUR will rise more too, but Cable will be the big winner of the two. Guess what, this means he's entered on heavy EURGBP shorts...
G'day Tehnob and Puffer great to have ya back
I'm just killing it today and now I know why, puffer just adds some magic to trading and now there's a chance for world peace
Don't Leave Money on the Table
  • #546,066
  • Sep 3, 2020 2:36am Sep 3, 2020 2:36am
5 min inverse head and shoulders for the dip, lets see if it makes it back to open for today. my volume indicates both asian and london buy so a sell in NY sounds nice
  • #546,067
  • Sep 3, 2020 2:37am Sep 3, 2020 2:37am
HaLBot, it's interesting viewing your account ticker in your signature.

It moves up faster than Cable can make it's mind up

Really cool.
I have no clue where it's going
  • #546,068
  • Sep 3, 2020 2:43am Sep 3, 2020 2:43am
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 09-03-2020 10.42.22_1.jpg Size: 110 KB
yes yes yes
  • #546,069
  • Sep 3, 2020 2:44am Sep 3, 2020 2:44am
Quoting LifeRider
HaLBot, it's interesting viewing your account ticker in your signature. It moves up faster than Cable can make it's mind up Really cool.
Cheers Bro, got a bit of experience doing this now days, but we all can increase account the way it's happening ATM
Bought one lot at 3296 but price still had to go lower so bought 4 more, one lots, down lower. Expecting the bounce around 3280 and it happened and expecting around 3320/30 today
Could be wrong
Don't Leave Money on the Table
  • #546,070
  • Sep 3, 2020 2:46am Sep 3, 2020 2:46am
Quoting HaLBot
{quote} Cheers Bro, got a bit of experience doing this now days, but we all can increase account the way it's happening ATM I bought at 3296 but price still had to go lower so bought 4 more, one lots, down lower. Expecting the bounce around 3280
You guys are pretty aggressive Just placed my buy order maybe 5 mins ago @ 1.3289
  • #546,071
  • Sep 3, 2020 2:53am Sep 3, 2020 2:53am
Quoting LifeRider
HaLBot, it's interesting viewing your account ticker in your signature. It moves up faster than Cable can make it's mind up Really cool.
For some inspiration watch this guy John 'Rambo' Moulton a great trader and the real deal.
In the 90s he was accounting for 17% of the sydney futures market, just him alone it would be like some billionaire at the NY stock exchange single handedly moving the US market without a huge corporation behind them

Inserted Video
Don't Leave Money on the Table
  • #546,072
  • Sep 3, 2020 2:57am Sep 3, 2020 2:57am
Joined bear camp for a bit
Compulsions can be hard to resist
  • #546,073
  • Sep 3, 2020 2:59am Sep 3, 2020 2:59am
Quoting trumps
Joined bear camp for a bit
now?????? lol
  • #546,074
  • Sep 3, 2020 3:04am Sep 3, 2020 3:04am
... 1hr bullish engulf close....dly remains in general pa uptrend with 4hr similar although that t/f will print it's 2nd LL when the next fractal print is formed. Uk data at 0930am London. Re ema's 20/50/100 crossed down 5min, 15min, 30min, 1hr neutral now and 4hr/dly remain crossed up.
------------------------------------
If this 4hr bullish hidden div (valid above 3160) fails to result in a new dly uptrend hi above 3482 and a deeper pullback results we could see dly bull hidden div form good above 3051 for an entry back into weekly uptrend after a pullback...no sign of it yet though as pullback not deep enough.
Trader with an Edge.
  • #546,075
  • Sep 3, 2020 3:05am Sep 3, 2020 3:05am
Quoting Alorente
Here is the big one. We are at the H1 Head and Shoulders neckline. A break will target a minimum of 1.3070. The next 5 to 10 hours are critical. {image}
nice one i'm with you on this one
  • #546,076
  • Sep 3, 2020 3:05am Sep 3, 2020 3:05am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 36 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gu3.png Size: 34 KB
Attached Image (click to enlarge)
Click to Enlarge Name: dx1.png Size: 20 KB
yes yes yes
  • #546,077
  • Sep 3, 2020 3:06am Sep 3, 2020 3:06am
Quoting HaLBot
{quote} For some inspiration watch this guy John 'Rambo' Moulton a great trader and the real deal. In the 90s he was accounting for 17% of the sydney futures market, just him alone it would be like some billionaire at the NY stock exchange single handedly moving the US market without a huge corporation behind them https://www.youtube.com/watch?v=EkRw6NC0Jew
Thank you, I'll watch this.
I have no clue where it's going
  • #546,078
  • Sep 3, 2020 3:10am Sep 3, 2020 3:10am
Quoting WhipKream
{quote} now?????? lol
?
I still have longs running
Compulsions can be hard to resist
  • #546,079
  • Sep 3, 2020 3:10am Sep 3, 2020 3:10am
Quoting LifeRider
{quote} Thank you, I'll watch this.
Cheers LifeRider, yeah watch it for inspiration but also for the dark times. He says winning is easy but as a trader you have to know how to lose. Everyone teaches you how to win, nobody teaches you how to lose.
Know how to lose and you'll win a whole lot more
Don't Leave Money on the Table
  • #546,080
  • Sep 3, 2020 3:19am Sep 3, 2020 3:19am
Quoting HaLBot
{quote} Cheers LifeRider, yeah watch it for inspiration but also for the dark times. He says winning is easy but as a trader you have to know how to lose. Everyone teaches you how to win, nobody teaches you how to lose. Know how to lose and you'll win a whole lot more
What's your target on your buy?
Don't trade what you think. Just what you see!!!
222 traders viewing now, 1 is registered: