Cable Update (GBPUSD) | Page 27441 | 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)

  • #548,801
  • Sep 17, 2020 1:49pm Sep 17, 2020 1:49pm
Quoting BitcoinBoff
{quote} So, Where's that big mouth of " the guru", the one that likes to rule the roost ...????
The guru is asleep, apparently he thought the market would travel another 100 pips down in the US open after already being down 100 pips from yesterdays close (driven by Asia and Europe).

That guy doenst know shit about shit.
  • #548,802
  • Sep 17, 2020 2:11pm Sep 17, 2020 2:11pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 26 KB
yes yes yes
  • #548,803
  • Sep 17, 2020 2:33pm Sep 17, 2020 2:33pm
Quoting spatel522
{quote} Thought GBP wasnt going up??
Yes i did say so, the pair is being manipulated. 80pips in 5min without a news is crazy
  • #548,804
  • Sep 17, 2020 2:35pm Sep 17, 2020 2:35pm
Quoting epzero
{quote} Yes i did say so, the pair is being manipulated. 80pips in 5min without a news is crazy
Market moves on anticipation not news...wake up!!
  • #548,805
  • Sep 17, 2020 2:41pm Sep 17, 2020 2:41pm
Quoting BitcoinBoff
{quote} So, Where's that big mouth of " the guru", the one that likes to rule the roost ...????
Just because the markets have been going up and down in a day doesn't mean it will continue this way, keep trading like this and soon you will loss all your money, a good trader understand not to follow the market up and down.
  • #548,806
  • Sep 17, 2020 2:46pm Sep 17, 2020 2:46pm
Quoting spatel522
{quote} Market moves on anticipation not news...wake up!!
so the drop of 96pips at 14:00 wasn't the news ???
  • #548,807
  • Sep 17, 2020 2:53pm Sep 17, 2020 2:53pm
Head and shoulder in formation?
Attached Image (click to enlarge)
Click to Enlarge Name: headshoulderdindx.jpg Size: 544 KB
Twitter: Rummer_grapes
  • #548,808
  • Sep 17, 2020 2:55pm Sep 17, 2020 2:55pm
Quoting epzero
{quote} so the drop of 96pips at 14:00 wasn't the news ???
You're an idiot, no news doesn't move the market, anticipation of an event moves the market. Any half-descent trader knows knows that. Boris didn't say he wasn't going to do the deal, but the market anticipated that because he added a twist this late in the game the deal wouldn't get done in time and hence the reason way it dropped last week.

Stop reading the news and go read a book. You are actually trying to beat traders who have access to more information and faster information than you by reading the news. If you think these big traders get the news the same time as you then you are delusional. (Because people who trades with $1K account should get the news the same time as people who trade with $10M, right...am i right?)
  • #548,809
  • Sep 17, 2020 2:58pm Sep 17, 2020 2:58pm
Quoting spatel522
{quote} You're an idiot, no news doesn't move the market, anticipation of an event moves the market. Any half-descent trader knows knows that. Boris didn't say he wasn't going to do the deal, but the market anticipated that because he added a twist this late in the game the deal wouldn't get done in time and hence the reason way it dropped last week. Stop reading the news and go read a book. You are actually trying to beat traders who have access to more information and faster information than you by reading the news. If you think these big traders...
i don't think you belong here.
  • #548,810
  • Sep 17, 2020 3:02pm Sep 17, 2020 3:02pm
Quoting epzero
{quote} i don't think you belong here.
Thanks for your input...ill do the same thing with this as i did with your comment this morning about GBP continuing its 100 pip drop at US market open.
  • #548,811
  • Sep 17, 2020 3:02pm Sep 17, 2020 3:02pm
As market retraced up from 1.2880, my trailing stop of short @1.2988 got filled.
Then I set a pending sell order @1.2995, but after market moved more down to 1.2864 and made little retrace then was hovering down.., lost hope of it going that high up again, so removed sell pending and awaited further drop to buy dip @1.2810s.
Less than an hour I come back to see it had done the spike to 1.2998 then quick down in 1 min., so if my pending was kept, that was an easy quick 50 pip!

From what supermarket do you buy good luck guys?
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #548,812
  • Sep 17, 2020 3:14pm Sep 17, 2020 3:14pm
hi traders and hope we all trading safe.........please i am really in need of the S/R indicator Navk shared a while ago........or any other S/R indicator anyone has.......will be really grateful for an assistance.......trade safe
  • #548,813
  • Edited 3:33pm Sep 17, 2020 3:18pm | Edited 3:33pm
Quoting spatel522
{quote} You're an idiot, no news doesn't move the market, anticipation of an event moves the market. Any half-descent trader knows knows that. Boris didn't say he wasn't going to do the deal, but the market anticipated that because he added a twist this late in the game the deal wouldn't get done in time and hence the reason way it dropped last week. Stop reading the news and go read a book. You are actually trying to beat traders who have access to more information and faster information than you by reading the news. If you think these big traders...
news moves the market, only not only a single piece of it ,it adds up and you need to spend time doing the math ,backwards and forward thinking is required.
it's not worth it or even possible for most of us...
because that work should show on the chart already.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #548,814
  • Sep 17, 2020 3:34pm Sep 17, 2020 3:34pm
The price action today was very bullish; I think bulls will redouble their efforts to break through 1.3-1.305 zone tomorrow, we'll see if they are successful. Medium-term I am still bearish of course, Brexit issues have not gone away (and contrary to what markets continue to believe, no deal possibility is very real), plus corona, unemployment and negative rates talk. But you have to respect market's desire to move higher before crashing.
  • #548,815
  • Sep 17, 2020 3:36pm Sep 17, 2020 3:36pm
Quoting Bones
{quote} news moves the market, only not only a single piece of it ,it adds up and you need to spend time doing the math ,backwards and forward thinking is required. it's not worth it or even possible for most of us... because that work should show on the chart already.
To each his own! Good luck playing with the big boys based on how the "news moves the market".
  • #548,816
  • Sep 17, 2020 3:59pm Sep 17, 2020 3:59pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 36 KB
yes yes yes
  • #548,817
  • Edited 5:39pm Sep 17, 2020 5:26pm | Edited 5:39pm
...just before starting up the zzzz factory....daily closed as an inverted pinbar/hanging man candle - be interesting to see what happens from London open....Tomorrow 7am london - Uk retail sales may cause a titter !?
Daily below.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 39 KB
Trader with an Edge.
  • #548,818
  • Sep 17, 2020 5:30pm Sep 17, 2020 5:30pm
Quoting spatel522
{quote} To each his own! Good luck playing with the big boys based on how the "news moves the market".
I'm not fundamental at all, but if you were most things- you need a very wide views to do it.
Something like Brexit is easy ,no deal GBP tank ,Uk would be very disrupted.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #548,819
  • Sep 17, 2020 7:57pm Sep 17, 2020 7:57pm
i am still bearish bias i have 2 scenario that the top is already placed on yesterday spike or one more push small high then big drop

these 2 scenarios fail if we go above 1.3080

target 1.2750 and possible below it could be 1.26 or even 1.22 god knows
Attached Image (click to enlarge)
Click to Enlarge Name: cc.jpg Size: 117 KB
  • #548,820
  • Sep 17, 2020 8:07pm Sep 17, 2020 8:07pm
Quoting Bones
{quote} I'm not fundamental at all, but if you were most things- you need a very wide views to do it. Something like Brexit is easy ,no deal GBP tank ,Uk would be very disrupted.
That’s great do you! You’re the king, I’m the jester.
1,580 traders viewing now