Cable Update (GBPUSD) | Page 28515 | 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)

  • #570,281
  • Jan 5, 2021 9:23am Jan 5, 2021 9:23am
Quoting nutgm5169
ready to fly
Fly? Up or down?
  • #570,282
  • Jan 5, 2021 9:25am Jan 5, 2021 9:25am
Quoting Liquidsnake
{quote} hopefully the ism news will act as a catalyst. whats your target? 1.35, 1.34? i think 1.3440 looks solid
FOR TODAY , 1.35100
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 36 KB
yes yes yes
  • #570,283
  • Jan 5, 2021 9:27am Jan 5, 2021 9:27am
Strong sell! Strong sell!! Strong sell!!!
  • #570,284
  • Jan 5, 2021 9:28am Jan 5, 2021 9:28am
Quoting Glorybound
{quote} Fly? Up or down?
Down with moty hammer
  • #570,285
  • Jan 5, 2021 9:31am Jan 5, 2021 9:31am
Quoting pipfarm
{quote} 1H correction within the fractal structure of the 4H swing, the 4h swing itself is an impulse wave within the fractal structure of the daily swing and the daily swing is an impulse wave within the fractal structure of the weekly swing. 3625 is the support broken by the H1 correction and now becomes resistance and price must breach this level to continue up to a new high above immediate resistance at 3702

I have not seen three swings in the hourly correction but based on the fact that it is a correction, there is no way to my knowledge to know what type it will be, it could be an abc with two sharp swings down or 3 sideways swings then shorts are screwed hence why i do not trade corrections for the most part, if it were to be a sharp correction then the safest option is to wait for the low to break @ 3541 as trying to pick the top at b of the abc could end with being whipsawed and even then a sharp correction can have a short 3rd swing , hence another reason why i do not trade corrections but if you need to grab a few pips and are not expecting to retire with a corrective trade then good.
Follow The Markets Structure - Patience and Discipline
  • #570,286
  • Jan 5, 2021 9:42am Jan 5, 2021 9:42am
Quoting mesobhai
{quote} Down with moty hammer
Sure!
  • #570,287
  • Jan 5, 2021 9:43am Jan 5, 2021 9:43am
Quoting pipfarm
{quote} I have not seen three swings in the hourly correction but based on the fact that it is a correction, there is no way to my knowledge to know what type it will be, it could be an abc with two sharp swings down or 3 sideways swings then shorts are screwed hence why i do not trade corrections for the most part, if it were to be a sharp correction then the safest option is to wait for the low to break @ 3541 as trying to pick the top at b of the abc could end with being whipsawed and even then a sharp correction can have a short 3rd swing ,...

Just remember the overall market conditions at the moment are bullish
Follow The Markets Structure - Patience and Discipline
  • #570,288
  • Jan 5, 2021 9:43am Jan 5, 2021 9:43am
Quoting Maximumheigh
Good day friends. We are likely to touch 1.365x-1.367x before a further fall down to 1.344x. IMO
This is still intact. I will be looking for sell around that area. IMO
  • #570,289
  • Jan 5, 2021 9:45am Jan 5, 2021 9:45am
I took a look into the future and this is what I can see happen to bears

It's not personal, just my vision
SS gang
Attached Image (click to enlarge)
Click to Enlarge Name: trimmers-2314774_1920.jpg Size: 877 KB
  • #570,290
  • Jan 5, 2021 9:56am Jan 5, 2021 9:56am
Quoting Liquidsnake
{quote} hopefully the ism news will act as a catalyst. whats your target? 1.35, 1.34? i think 1.3440 looks solid
Is like the impact was not felt much - or will still come later?
  • #570,291
  • Jan 5, 2021 10:03am Jan 5, 2021 10:03am
Hi folks,

I think it is safe to say now that yesterdays 150p drop was just a short pullback on general bullish trend.

Watch out with the shorts and I would seek long opportunities around 3550 area (if that is even possible now).

Green line is 200MA.

No trade needs to be rushed, take care.

Attached Image (click to enlarge)
Click to Enlarge Name: cdf50e86b289b5214fd746e2e9a89e0d.png Size: 92 KB
  • #570,292
  • Jan 5, 2021 10:03am Jan 5, 2021 10:03am
Quoting Moty
{quote} FOR TODAY , 1.35100 {image}
You are so expert for drawing hammer, could u drawing a rocket for me
It always seems impossible until it is done.
Annex_of_Realsoldier All Time Return: na
  • #570,293
  • Jan 5, 2021 10:04am Jan 5, 2021 10:04am
Quoting Moty
It doesn't want to give up . Drop already mf {image}
MA.50 - H1
Together we can be strongest
Vantage Return This Month: -97.0%
  • #570,294
  • Jan 5, 2021 10:05am Jan 5, 2021 10:05am
I would like to introduce a new technical pattern called the Shitshow.
  • #570,295
  • Jan 5, 2021 10:10am Jan 5, 2021 10:10am
Quoting JayBag
I took a look into the future and this is what I can see happen to bears It's not personal, just my vision SS gang {image}
Your post is always like you are in a fight with other traders .. Just do the business .. most of us are bearish when we have to and bullish when the needs arise . We are in it to make profit and not to be in a party system .
  • #570,296
  • Jan 5, 2021 10:14am Jan 5, 2021 10:14am
Quoting palpite
{quote} MA.50 - H1
I prefer the 50 lwma
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 36 KB
Click to Enlarge Name: gu2.png Size: 36 KB
yes yes yes
  • #570,297
  • Jan 5, 2021 10:21am Jan 5, 2021 10:21am
Quoting dmegastar
{quote} Your post is always like you are in a fight with other traders .. Just do the business .. most of us are bearish when we have to and bullish when the needs arise . We are in it to make profit and not to be in a party system .
Calm down bro.
It's a vision and nothing personal

Boils down to BIAS.. If anything, I for one don;t make it about fellow traders.
You completely got that wrong

I actually go against the idea of making it about other traders.
SS
  • #570,298
  • Jan 5, 2021 10:24am Jan 5, 2021 10:24am
1.362-363 hard zone
  • #570,299
  • Jan 5, 2021 10:26am Jan 5, 2021 10:26am
Quoting Sang.Real
{quote} GU Today GU moves like Slow motion. Feel like to end this suffering soon. 7 hours with + 7 pips. {image}

GU

Arriving at Target.

Trade set up using SNR

Great day, but a bit dull
Attached Image (click to enlarge)
Click to Enlarge Name: GU 073.jpg Size: 293 KB
  • #570,300
  • Jan 5, 2021 10:26am Jan 5, 2021 10:26am
Quoting nutgm5169
1.362-363 hard zone
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 40 KB
yes yes yes
576 traders viewing now, 2 are registered:
,