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Cable Update (GBPUSD)

  • #549,741
  • Sep 23, 2020 10:10am Sep 23, 2020 10:10am
Quoting Coreg2004
{quote} Money, here you have it... {image}

Thanks.

It does not seem DXY is affecting GU at the moment, to say at least?!?
Maadik Hugiis. IQ 69.
  • #549,742
  • Sep 23, 2020 10:15am Sep 23, 2020 10:15am
houston , we have a winner !!!
all out !!!
80 pips profit after yo-yo trading today
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yes yes yes
  • #549,743
  • Sep 23, 2020 10:24am Sep 23, 2020 10:24am
Quoting MoneyZilla
{quote} Thanks. It does not seem DXY is affecting GU at the moment, to say at least?!?
GU is weighted in dollar index only at 12% probably that's why...I only use DX when I trade EU (58%)
Always trade your own plan...I don't provide trading signals.
  • #549,744
  • Sep 23, 2020 10:30am Sep 23, 2020 10:30am
Quoting Coreg2004
{quote} GU is weighted in dollar index only at 12% probably that's why...I only use DX when I trade EU (58%)

Good to know that. Although, for me, DXY is completely and entirely useless anyway.

If traders could know how to trade just one chart? They can trade all kinds of charts.

Every. Single. One.

Cause, the very same app is used on all the instruments, so...
Maadik Hugiis. IQ 69.
  • #549,745
  • Sep 23, 2020 10:37am Sep 23, 2020 10:37am
Quoting navk
below 2710/2705/2700 only shorts, until then long only. IMO
longs closed at daily pivot.

Flat now
Intraday only.
  • #549,746
  • Sep 23, 2020 10:40am Sep 23, 2020 10:40am
Quoting HBN08
Hey guys Missed London again..entered a short will try to hold but mainly looking for Ny session now, i said days ago if 1.26400/500 would be a nice price to bounce lets see if we get there (but im long bias in Ny session ) lets see Good day to all {image}
Hey again guys..
Didnt trade gbp..Eur with better and clean setups..
Btw if any of you whana laugh,watch since the begin the powel "speach"
Rest of good trades guys
  • #549,747
  • Sep 23, 2020 10:58am Sep 23, 2020 10:58am
Quoting spatel522
{quote} Yes now I will def join the bear camp haha
Looking at daily
what it might want to do is make the 3 in a tight space ,then we can get this party started ,most confluence is there ,but also under that pivot now.
the daily can fail outright as is.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #549,748
  • Sep 23, 2020 11:07am Sep 23, 2020 11:07am
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yes yes yes
  • #549,749
  • Sep 23, 2020 11:29am Sep 23, 2020 11:29am
Quoting Dzap
{quote} Still going, nothing has changed

yall are so quick to switch.

if you aren't scalping just don't buy

dont have to listen to me...
but shorts arent done
its just a script. join the club
  • #549,750
  • Sep 23, 2020 11:29am Sep 23, 2020 11:29am
Long
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  • #549,751
  • Sep 23, 2020 11:44am Sep 23, 2020 11:44am
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yes yes yes
  • #549,752
  • Sep 23, 2020 12:09pm Sep 23, 2020 12:09pm
Off gbp
But seems very tempting
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  • #549,753
  • Sep 23, 2020 12:21pm Sep 23, 2020 12:21pm
One of the most interesting things about forex is how there can literally be a hundred different views on one currency and people still manage to make money from it.
  • #549,754
  • Sep 23, 2020 12:21pm Sep 23, 2020 12:21pm
for 30 pips
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yes yes yes
  • #549,755
  • Sep 23, 2020 12:37pm Sep 23, 2020 12:37pm
Quoting MoneyZilla
{quote} Good to know that. Although, for me, DXY is completely and entirely useless anyway. If traders could know how to trade just one chart? They can trade all kinds of charts. Every. Single. One. Cause, the very same app is used on all the instruments, so...

So do you not use like EURUSD for cross analysis to support your GBP trades? Or do you just rely on GBP price action
  • #549,756
  • Sep 23, 2020 1:04pm Sep 23, 2020 1:04pm
Quoting ZTrader123
{quote} So do you not use like EURUSD for cross analysis to support your GBP trades? Or do you just rely on GBP price action

GU chart only with the provided price app data on it.
Maadik Hugiis. IQ 69.
  • #549,757
  • Sep 23, 2020 1:19pm Sep 23, 2020 1:19pm
Next stop 1.2700 - 1.2650 before a turn.

I just wish it had re-traced higher today - oh well.

IMO
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...because you never know - until you do!
  • #549,758
  • Sep 23, 2020 1:19pm Sep 23, 2020 1:19pm
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Lookin like we could be headed to the NY low or potentially even londons low, seems like daily still has a little to go down
  • #549,759
  • Sep 23, 2020 1:21pm Sep 23, 2020 1:21pm
Quoting Moty
for 30 pips {image}
for 50 pips
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yes yes yes
  • #549,760
  • Sep 23, 2020 1:25pm Sep 23, 2020 1:25pm
Just sold for 40pips
1:1
Patience.....
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