Cable Update (GBPUSD) | Page 27565 | 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)

  • #551,281
  • Oct 5, 2020 8:12am Oct 5, 2020 8:12am
Quoting Moty
{quote} yes usually they opposite to one another but there are when dx is ranging and gu spike all over the chart , and if you trust the dx those days , you will lose a lot of money . bottom line , you can trade the gu , only depending on his chart {image}

Finally! That should happen a long time ago!
Maadik Hugiis. IQ 69.
  • #551,282
  • Oct 5, 2020 8:20am Oct 5, 2020 8:20am
20 pips to go
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 31 KB
yes yes yes
  • #551,283
  • Oct 5, 2020 8:23am Oct 5, 2020 8:23am
Does it have the strength to move higher? It did however break the resistance that was a sign for a bullish move.

GBPUSD October in the Spotlight
Risk Management is of utmost importance!
  • #551,284
  • Oct 5, 2020 8:26am Oct 5, 2020 8:26am
Quoting Wavegarrick
{quote} Hi Guys, Nothing changes for me today other than volatility. I had my trail stops taken out from yesterday and entered some more with 50 pip stops. Price currently locked between my 4hr 240 and 60 Lwma and that should decide direction, Interesting is that a 4hr close below my daily pivot at 1.28875 has not been achieved yet. (Yellow highlight), Not easy trading today unless you've been scalping. Trade safe Cheers {image}
Hi Guys,
I can definitely foresee a possible test of my weekly res 1 at 1.30212. Here's the thing. A break above my 4 Hr 240 Lwma at 1.29595 officially puts me back in bull territory. Could we see a run up from here?. Anyway early days and anything can happen. All survivng trades from last weeks slow monotonous pace locked in.

Have a great week,
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_800.png Size: 87 KB
Trade to trade another day
  • #551,285
  • Oct 5, 2020 8:34am Oct 5, 2020 8:34am
gj break 137 , up up and away
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 18 KB
yes yes yes
  • #551,286
  • Oct 5, 2020 8:35am Oct 5, 2020 8:35am
Market structure rarely lies , its only the user that reads it wrong.
Follow The Markets Structure - Patience and Discipline
  • #551,287
  • Oct 5, 2020 9:07am Oct 5, 2020 9:07am
I feel if this buying pressure dies out we could visit 1.29 again today or tomorrow, but overall i think we're due for some upside
  • #551,288
  • Oct 5, 2020 9:08am Oct 5, 2020 9:08am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 29 KB
yes yes yes
  • #551,289
  • Oct 5, 2020 9:18am Oct 5, 2020 9:18am
I'm short 2970
  • #551,290
  • Oct 5, 2020 9:19am Oct 5, 2020 9:19am
We reached beautiful figures of 1.18/1.3/28,000 for EU/GU/Dow simultaneously. Now we either break these levels, or start a downward movement from here. When we reached 1.2/1.35/29,000, it was the latter, but a lot will depend on US stimulus (or lack thereof).
  • #551,291
  • Oct 5, 2020 9:40am Oct 5, 2020 9:40am
in the inter day look , the gu don't always move at the opposite direction of the dx .
but at the higher tf , h4 ,d1 and higher , there is very close reverse correlation.
i see members here shorting .
buy only for me
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dx1.png Size: 16 KB
Click to Enlarge Name: gu1.png Size: 18 KB
Click to Enlarge Name: gu2.png Size: 29 KB
yes yes yes
  • #551,292
  • Oct 5, 2020 9:48am Oct 5, 2020 9:48am
GBP / JPY = Sell it's written all over chart, go short and enjoy the profit $$$
  • #551,293
  • Oct 5, 2020 9:49am Oct 5, 2020 9:49am
Quoting Luciano26
GBP / JPY = Sell it's written all over chart, go short and enjoy the profit $$$
I see a buy written all over GJ chart.
Everyone can see the chart, but only a few can actually read it.
  • #551,294
  • Oct 5, 2020 9:50am Oct 5, 2020 9:50am
Quoting OnlineAddict
{quote} I see a buy written all over GJ chart.

Good luck to u
  • #551,295
  • Oct 5, 2020 9:51am Oct 5, 2020 9:51am
Quoting Luciano26
{quote} Good luck to u
500-1000 pips up possible, looking at the weekly and monthly chart...so maybe good luck to you.
Everyone can see the chart, but only a few can actually read it.
  • #551,296
  • Oct 5, 2020 9:54am Oct 5, 2020 9:54am
Quoting OnlineAddict
{quote} 500-1000 pips up possible, looking at the weekly and monthly chart...so maybe good luck to you.

Depend with what lot u are trading and for how long you will keep the position open...

I bet you are new in Forex
  • #551,297
  • Oct 5, 2020 9:55am Oct 5, 2020 9:55am
Quoting Luciano26
{quote} Depend with what lot u are trading and for how long you will keep the position open... I bet you are new in Forex
Please stop embarrassing yourself any futher. Only a newbie would short the current daily candle setup.
Everyone can see the chart, but only a few can actually read it.
  • #551,298
  • Oct 5, 2020 9:58am Oct 5, 2020 9:58am
Quoting OnlineAddict
{quote} Please stop embarrassing yourself any futher. Only a newbie would short the current daily candle setup.

Will see, when i show you my profit, show me your loss ...
  • #551,299
  • Oct 5, 2020 10:00am Oct 5, 2020 10:00am
Quoting Luciano26
{quote} Will see, when i show you my profit, show me your loss ...
Dude, I don't care about your profit...I hope you make profit, I am not here to make fun of people who lose money...I said my opinion about GJ, you said yours, thats it...now lets move on.
Everyone can see the chart, but only a few can actually read it.
  • #551,300
  • Oct 5, 2020 10:09am Oct 5, 2020 10:09am
I am short because I think GBP has no fundamental support right now to rise, lets see.
657 traders viewing now