Cable Update (GBPUSD) | Page 27391 | 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)

  • #547,801
  • Sep 11, 2020 10:36am Sep 11, 2020 10:36am
Scalpers pushing down today, get em boys!
  • #547,802
  • Sep 11, 2020 10:38am Sep 11, 2020 10:38am
Quoting kuroro001
{quote} I see more people trying to catch 2800 as bottom....until it goes down hard for another try
We have BoE next week...with the amount of people shorting I wouldn't be surprised to see 3100+ before lower. PA can turn 180 degrees on GU from one week to another.
Everyone can see the chart, but only a few can actually read it.
  • #547,803
  • Sep 11, 2020 10:40am Sep 11, 2020 10:40am
GU, expanding triangle (H1), you need to get to timing right, sell at the bottom and it can bounce back to your face.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 912.PNG Size: 55 KB
  • #547,804
  • Sep 11, 2020 10:42am Sep 11, 2020 10:42am
Quoting shahab8b
GU, expanding triangle (H1), you need to get to timing right, sell at the bottom and it can bounce back to your face. {image}
True buddy.

That's why better sell high and just ride with it
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #547,805
  • Sep 11, 2020 10:43am Sep 11, 2020 10:43am
GU price action is presently struggling at yesterday's low. So, any attempt to see it as the bottom can result in being trapped.

KP
Do your homework, follow the footprints of smart money
  • #547,806
  • Sep 11, 2020 10:44am Sep 11, 2020 10:44am
Quoting Almo2312
{quote} True buddy. That's why better sell high and just ride with it
yea, exactly the way you have been selling it. your trades have been perfect.
  • #547,807
  • Sep 11, 2020 10:45am Sep 11, 2020 10:45am
Quoting OnlineAddict
{quote} We have BoE next week...with the amount of people shorting I wouldn't be surprised to see 3100+ before lower. PA can turn 180 degrees on GU from one week to another.
Anything is possible
3100 would be an awesome short

i'll have a look at COT this week end and see what happened
i just don't like the buys yet
COT: The precious data ignored
  • #547,808
  • Sep 11, 2020 10:46am Sep 11, 2020 10:46am
Quoting Almo2312
Strong feeling that this time low will break soon
I had the same feeling yesterday, bears attacked it fiercely for an hour but could not break despite strong stock selling. They still have 4 hours to go today though...
  • #547,809
  • Sep 11, 2020 10:46am Sep 11, 2020 10:46am
Quoting shahab8b
{quote} yea, exactly the way you have been selling it. your trades have been perfect.
Thanks i appreciate your words
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #547,810
  • Sep 11, 2020 11:01am Sep 11, 2020 11:01am
Quoting JungleLionFx
{quote} if someone are planning to sell, then do invite me to his/her prayer meeting in advance
I agree, EURGBP has way more room to the upside. The weekly candle can be a marubozu.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPWeekl 911 wky.png Size: 33 KB
  • #547,811
  • Sep 11, 2020 11:04am Sep 11, 2020 11:04am
Quoting Moty
{quote} no harm by taking profit and re enter at a new hourly candle break
Yeah done exactly that already...
  • #547,812
  • Sep 11, 2020 11:30am Sep 11, 2020 11:30am
GBP might be bottoming out here based on my analysis on a daily basis. Again if it doesn't close below 1.2780, which seems to the resistance for the past 2 days, it is likely to bounce. A closing below the 1.2780 would signal the high is in place. I have a strong feeling that Monday will be a swing up.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 210 KB
  • #547,813
  • Sep 11, 2020 11:32am Sep 11, 2020 11:32am
Quoting spatel522
GBP might be bottoming out here based on my analysis on a daily basis. {image}
but you are buying since 1,3200
let it go to 1,19
Make money by doing the opposite of Giveachance aka loser
  • #547,814
  • Sep 11, 2020 12:00pm Sep 11, 2020 12:00pm
stopped out
-30 pips
daily balance 56-30 = 27
waiting to re entered again at the break for 50 pips
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 41 KB
yes yes yes
  • #547,815
  • Sep 11, 2020 12:08pm Sep 11, 2020 12:08pm
Hey guys..Ima leave Usix here..
Expecting price the next week to go back to 93.000 or even 92.850 , unless 93.500 gets ripped hard thrn 94.000 on the way in my view
Good trades guys
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 36 KB
  • #547,816
  • Sep 11, 2020 12:36pm Sep 11, 2020 12:36pm
Quoting nessus94
{quote} but you are buying since 1,3200 let it go to 1,19
I have one long position open at 1.3200, I am long on GBP until 1.2780 is breached on a closing basis. This still seems to provide the support and without breach on a closing basis the current high can be taken out.

Again its pushed against 1.2780 several times for the last two days but seems to bounce off it quickly.
  • #547,817
  • Edited 1:12pm Sep 11, 2020 12:50pm | Edited 1:12pm
I think it reminds me of a tower top pattern ,some version of that
with those opposite candles either side
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot 2020-09-11 at 18.48.53.png Size: 199 KB
Click to Enlarge Name: 1111 GBPUSD-Daily.png Size: 50 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #547,818
  • Sep 11, 2020 12:56pm Sep 11, 2020 12:56pm
fun to asking something about gold, wtf is possible number... might broken my system stupid number from my code.. monthly chart
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 34 KB
  • #547,819
  • Sep 11, 2020 1:08pm Sep 11, 2020 1:08pm
Quoting spatel522
{quote} I have one long position open at 1.3200, I am long on GBP until 1.2780 is breached on a closing basis. This still seems to provide the support and without breach on a closing basis the current high can be taken out. Again its pushed against 1.2780 several times for the last two days but seems to bounce off it quickly.
Are you a position trader??
BARAK
  • #547,820
  • Sep 11, 2020 1:08pm Sep 11, 2020 1:08pm
GU, 1.2750-1.28 zone has served as a S/R and a swing level at times.
Attached Image (click to enlarge)
Click to Enlarge Name: GU wk91120.PNG Size: 78 KB
876 traders viewing now, 1 is registered:
Ghidho420