Cable Update (GBPUSD) | Page 27928 | 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)

  • #558,541
  • Nov 12, 2020 5:00am Nov 12, 2020 5:00am
Quoting fxmasterdxb
{quote} Im sure there will much more opportunities in the future to catch I have exited my last short and on the sidelines now
yup safest option, I am holding, monthlys looking good 1910 1911 aug sept 2011 was first bear attack of monster bull train since 2000 held until gfc 2014, considering that pulled back to 1046, soo if we can stay below 1910 it could prove fruitful, as always entry is key and negative swap has to be considered, so quicker the train the better
If you are new to Forex? Say Goodbye to your account!!
  • #558,542
  • Nov 12, 2020 5:01am Nov 12, 2020 5:01am
Target Hit,

As mentioned earlier...
I'm just hoping she'll get past "99" into the 1.3200's.

After that i need that Wave-B 1.3227 beat, and broken, for 'North'.
Then "IF" we get that, we'll look to matching that top. After that,
I'm LooKing at the 1.3400 "Ball-Park", area. -Let's get out of & above 1.3200, 1st.

Attached Image (click to enlarge)
Click to Enlarge Name: 11_12_2020 GBP_USD NEW_NORTH_On 38_2 AREA Being Hit.png Size: 263 KB


Best of Pipping Gang,
Chat More,
Long is locked in for T.P. Stop;
Let's See what she does for North, -or some more 'Scuba-Diving'. I'm fine with either.
Jeff out
I will work to Objectively Identify my Edges
  • #558,543
  • Edited 5:26am Nov 12, 2020 5:16am | Edited 5:26am
for me.. i go with bull.. i see divergence on 4h
Attached Image(s) (click to enlarge)
Click to Enlarge Name: download.png Size: 101 KB
Click to Enlarge Name: Screenshot_2020-11-12-18-25-24-148_net.metaquotes.metatrader4.jpg Size: 631 KB
Trade what you see, not what you think.. react and stay sharp..
  • #558,544
  • Nov 12, 2020 5:23am Nov 12, 2020 5:23am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 26 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 35 KB
yes yes yes
  • #558,545
  • Nov 12, 2020 5:30am Nov 12, 2020 5:30am
this way
Attached Image (click to enlarge)
Click to Enlarge Name: GU.PNG Size: 67 KB
  • #558,546
  • Nov 12, 2020 5:37am Nov 12, 2020 5:37am
Quoting fxmasterdxb
{quote} Longed at 1.3190, lets see {image}
1.32 been difficult to pass
  • #558,547
  • Nov 12, 2020 5:40am Nov 12, 2020 5:40am
Quoting fxmasterdxb
{quote} 1.32 been difficult to pass

...had 5 attempts before the fall (visible on lower t/f's) ....1hr below.
Attached Image (click to enlarge)
Click to Enlarge Name: 061ef9cc0b388dc66eb81af41e686730.png Size: 53 KB
Trader with an Edge.
  • #558,548
  • Nov 12, 2020 5:43am Nov 12, 2020 5:43am
Quoting Moty
{image}{image}
Hi Moty, could you please tell me what this indicator on your charts tells you ? Thanks
Attached Image
Trader with an Edge.
  • #558,549
  • Nov 12, 2020 5:45am Nov 12, 2020 5:45am
Is it even safe to trade GU now? Many have opened long positions here. But it could drop below 1.3.
  • #558,550
  • Nov 12, 2020 5:47am Nov 12, 2020 5:47am
Quoting Ehsank78
Is it even safe to trade GU now? Many have opened long positions here. But it could drop below 1.3.
anything can happen....none of us know.
Trader with an Edge.
  • #558,551
  • Nov 12, 2020 5:48am Nov 12, 2020 5:48am
Quoting Headland
{quote} ...had 5 attempts before the fall (visible on lower t/f's) ....1hr below. {image}
Well my long was based on the temporary bottom formed in 5 mins, it has not failed yet, a close below 1.3167 will negate it.
But yeah i see the rejections, wouldn't be surprised to see it dipping down fast
Attached Image (click to enlarge)
Click to Enlarge Name: EEBC86EC-1B16-4B24-A76D-7986FEBF7DA6.jpeg Size: 362 KB
  • #558,552
  • Nov 12, 2020 5:50am Nov 12, 2020 5:50am
Quoting Headland
{quote} Hi Moty, could you please tell me what this indicator on your charts tells you ? Thanks {image}
MTF-Moving-Average-Crossover-Display
yes yes yes
  • #558,553
  • Nov 12, 2020 5:51am Nov 12, 2020 5:51am
Daily is showing signs of bearishness having just popped below its old resistance @ 31771

4H has broken the old resistance 3206 and showing a small trend down which could take us to 3117 support which is critical to hold otherwise the daily will be moving into a full on bear swing.

Note H1 has also broken its old resistance and immediate support and retested that support
Follow The Markets Structure - Patience and Discipline
  • #558,554
  • Nov 12, 2020 5:52am Nov 12, 2020 5:52am
Quoting Moty
{quote} MTF-Moving-Average-Crossover-Display
thank you.
Trader with an Edge.
  • #558,555
  • Nov 12, 2020 6:00am Nov 12, 2020 6:00am
yes yes yes
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 33 KB
yes yes yes
  • #558,556
  • Nov 12, 2020 6:02am Nov 12, 2020 6:02am
Quoting fxmasterdxb
{quote} Well my long was based on the temporary bottom formed in 5 mins, it has not failed yet, a close below 1.3167 will negate it. But yeah i see the rejections, wouldn't be surprised to see it dipping down fast {image}
Closed the buy at loss, opened a sell recovered the loss and a bit more
Attached Image (click to enlarge)
Click to Enlarge Name: AE77A1AD-6C4F-43E1-9018-9A6B77A2D0BB.jpeg Size: 129 KB
  • #558,557
  • Nov 12, 2020 6:04am Nov 12, 2020 6:04am
Still holding my sell. My awesome bears, bring me the dollars.
Risk Management is of utmost importance!
  • #558,558
  • Nov 12, 2020 6:05am Nov 12, 2020 6:05am
Big sell .. let's do it guys
  • #558,559
  • Nov 12, 2020 6:11am Nov 12, 2020 6:11am
... dly S2 (3120) is also in that light blue zone below current price - shown on 4hr below. The 50% fib is of the 2929-3314 move.
Attached Image
Trader with an Edge.
  • #558,560
  • Nov 12, 2020 6:19am Nov 12, 2020 6:19am
Quoting Headland
... dly S2 (3120) is also in that light blue zone below current price - shown on 4hr below. The 50% fib is of the 2929-3314 move. {image}
yes, agreed.

3120 is the level, one can eye
Intraday only.
402 traders viewing now