Cable Update (GBPUSD) | Page 27405 | 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)

  • #548,081
  • Sep 14, 2020 8:25am Sep 14, 2020 8:25am
Quoting Almo2312
Imho price want to take us to 1.29+
Lucky me ..

Lol.

Green pips to all.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #548,082
  • Sep 14, 2020 8:25am Sep 14, 2020 8:25am
Quoting OnlineAddict
Now everybody is selling the bottom below 2800...here we go again...
It only took 1 day to take them all out...
Everyone can see the chart, but only a few can actually read it.
  • #548,083
  • Sep 14, 2020 8:37am Sep 14, 2020 8:37am
Quoting Almo2312
{quote} Lucky me .. Lol. Green pips to all.
can 2930..quick test?
just for a cup of coffee...
  • #548,084
  • Sep 14, 2020 8:46am Sep 14, 2020 8:46am
Attached Image (click to enlarge)
Click to Enlarge Name: eg.png Size: 29 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 60 KB
yes yes yes
  • #548,085
  • Sep 14, 2020 8:47am Sep 14, 2020 8:47am
Area 1,2950/70 and 1,2865/75 will be touched

i will play both sides
Make money by doing the opposite of Giveachance aka loser
  • #548,086
  • Sep 14, 2020 8:49am Sep 14, 2020 8:49am
Hey guys hope u all get good trading days
take care.
Ima close my long in gbp im good for today
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 70 KB
  • #548,087
  • Sep 14, 2020 8:50am Sep 14, 2020 8:50am
Quoting nessus94
Area 1,2950/70 and 1,2865/75 will be touched i will play both sides
Agree i think usdix will bounce soon (i can be wrong)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 75 KB
  • #548,088
  • Edited 9:20am Sep 14, 2020 8:51am | Edited 9:20am
Hello again...153 pips the move up so far - 122% 30 day adr and @ the hi - 50% upside ext of Friday's pip range - deep in this prev 4hr sw lo zone to 2935 now... It's now the biggest pullback in this move down from 3482....with steepest desc t/line broken to the upside. How much more supply in this zone if tested ?

2932 is 23.6% 3482-2762 and 61.8% 3034-2762.

There is a repeating pattern of bearish hidden div on 4hr and it should be good so long as price stays some way below 3034...but is there a dly downtrend to re-enter ?and the answer for me is no - there is a down move on that t/f in a general but damaged PA uptrend and it's 20/50/100 ema's remain crossed up.
Trader with an Edge.
  • #548,089
  • Edited 9:23am Sep 14, 2020 9:08am | Edited 9:23am
Hi Guys,
Getting subtle bullish hints here. I have buy trades going from 1.27912. Nothing that I like to advertise here because it goes against my system, but more so from following pivots for many years. My monthly support 2 at 1.28326 could have some effect and let's hope it turns out to be so.

We could be in for a cyclic upturn and I will consider buying on retraces.

Trade safe and have a great week.
Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_765.png Size: 95 KB
Trade to trade another day
  • #548,090
  • Sep 14, 2020 9:11am Sep 14, 2020 9:11am
Shorted here just to see..
  • #548,091
  • Sep 14, 2020 9:15am Sep 14, 2020 9:15am
Quoting akim0895
{quote} can 2930..quick test?

2925 or 29225 is what i see, and will jump out if i was in

but again, I agree with your thinking

Im just a Quarters guy, and believe Dealers will either turn price JUST before a quarter, or just after, which may be 2930
and just before in normaly 2.5 before a quarter, rather safe than greedy
  • #548,092
  • Sep 14, 2020 9:17am Sep 14, 2020 9:17am
Quoting HBN08
{quote} Agree i think usdix will bounce soon (i can be wrong){image}
usidx touching old week open price again ( ima pay attention to this)
  • #548,093
  • Sep 14, 2020 9:21am Sep 14, 2020 9:21am
Hey
I have a question to some Fib users.
Is this a valid fib retrace at 161.8 or is this drawing wrong?
I never get into wave Theory or Fib using, it looks interesting and i want to expand my horizon on some new stuff
thanks in advance
Mr.T
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20200914-161230.jpg Size: 123 KB
  • #548,094
  • Sep 14, 2020 9:23am Sep 14, 2020 9:23am
4hr is below
Attached Image
Trader with an Edge.
  • #548,095
  • Sep 14, 2020 9:24am Sep 14, 2020 9:24am
Quoting Mr.Tea
Hey I have a question to some Fib users. Is this a valid fib retrace at 161.8 or is this drawing wrong? I never get into wave Theory or Fib using, it looks interesting and i want to expand my horizon on some new stuff thanks in advance Mr.T {image}

It's a fib extension...I think it's valid as it's swing point to swing point ie the last HL-HH on that t/f before the drop...I posted the same thing over the w/e.
Trader with an Edge.
  • #548,096
  • Sep 14, 2020 9:25am Sep 14, 2020 9:25am
took short
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 28 KB
Click to Enlarge Name: eg.png Size: 28 KB
yes yes yes
  • #548,097
  • Sep 14, 2020 9:28am Sep 14, 2020 9:28am
Quoting Mr.Tea
Hey I have a question to some Fib users. Is this a valid fib retrace at 161.8 or is this drawing wrong? I never get into wave Theory or Fib using, it looks interesting and I want to expand my horizon on some new stuff thanks in advance Mr.T {image}
I hope it can help you
Attached File(s)
File Type: pdf Elliott_ Ref_Sheet.pdf   116 KB | 224 downloads
File Type: pdf EWultimate-tech-analysis-handbook.pdf   3.8 MB | 319 downloads
  • #548,098
  • Sep 14, 2020 9:28am Sep 14, 2020 9:28am
Took a short at 1.2899; stop 110 pips (for now), target open (for now).
I feel that in spite of buoyant risk mood today, almost 1% gain against dollar is sort of a stretch for GBP. I understand technical reasons behind it, but fundamentally, the market is still too optimistic about UK prospects on multiple fronts, and selling spikes looks like a good idea to me.
There is also a Commons vote later today, which, unless I am very much mistaken, will be won by government. Market may react to it (even though the vote is not that important), or start preparing for reaction beforehand.
  • #548,099
  • Sep 14, 2020 9:37am Sep 14, 2020 9:37am
...you know what they say ' it takes the stairs up and elevator down' ...nice short at the potential sbr and the regular bearish div to 30min.
Trader with an Edge.
  • #548,100
  • Sep 14, 2020 9:38am Sep 14, 2020 9:38am
Closed
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 72 KB
372 traders viewing now