Cable Update (GBPUSD) | Page 28729 | 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)

  • #574,561
  • Jan 27, 2021 11:22am Jan 27, 2021 11:22am
Good Evening guys. I am new to this platform.

Attached Image (click to enlarge)
Click to Enlarge Name: Analysis.jpg Size: 98 KB

As we can see in the H4 chart, after finishing the pullback, GBPUSD is still forming another rising impulse to reach the post-correctional extension area between 138.2% and 161.8% fibo at 1.3790 and 1.3980 respectively. However, a divergence on MACD implies a possible descending correction towards 23.6%, 38.2%, 50.0%, and 61.8% fibo at 1.3528, 1.3365, 1.3233, and 1.3100 respectively after the price reaches the area’s downside border.
The rich invest in time, the poor invest in money.
  • #574,562
  • Jan 27, 2021 11:42am Jan 27, 2021 11:42am
Quoting Sang.Real
{quote} GU Long scalping\ This is not trade signal. I'm still Newbie. Purpose is for others to comment and educational {image}

GU

Adding scalping position

FOMC coming hours with Spike Lee
Attached Image (click to enlarge)
Click to Enlarge Name: GU 046.jpg Size: 334 KB
  • #574,563
  • Jan 27, 2021 11:44am Jan 27, 2021 11:44am
Quoting knkie
Sell 3690 40-50 pip target
stopped out at +8 pips

pretty sudden reverse.

im on the sidelines.
in wondering about yourself, you forgot what you came here to be part of
  • #574,564
  • Jan 27, 2021 12:02pm Jan 27, 2021 12:02pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 34 KB
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 38 KB
Attached Image (click to enlarge)
Click to Enlarge Name: go1.png Size: 36 KB
Attached Image (click to enlarge)
Click to Enlarge Name: dax.png Size: 38 KB
yes yes yes
  • #574,565
  • Jan 27, 2021 12:03pm Jan 27, 2021 12:03pm
Quoting Sang.Real
{quote} GU Long scalping\ This is not trade signal. I'm still Newbie. Purpose is for others to comment and educational {image}
LOL.
yeah right.
good entry again.
If you don't know how to earn money, don't loose it.
  • #574,566
  • Jan 27, 2021 12:11pm Jan 27, 2021 12:11pm
Quoting Sang.Real
{quote} GU Adding scalping position FOMC coming hours with Spike Lee {image}

GU

Add another LONG Scalping position. ( 3rd position)

Any comment and view are welcome for educational and improving trade strategy

Thank You

Attached Image (click to enlarge)
Click to Enlarge Name: GU 048.jpg Size: 358 KB
  • #574,567
  • Jan 27, 2021 12:13pm Jan 27, 2021 12:13pm
Quoting coolmakina
{quote} LOL. yeah right. good entry again.
Thanks for your comment.

I guess , it's just Newbie luck.

If I can do it consistently, then I will be happy coz it has improved my trading skill

Thanks again.
  • #574,568
  • Jan 27, 2021 12:15pm Jan 27, 2021 12:15pm
Quoting Sang.Real
{quote} GU Add another LONG Scalping position. ( 3rd position) Any comment and view are welcome for educational and improving trade strategy Thank You {image}
good luckk!!

"anything can happen"
  • #574,569
  • Jan 27, 2021 12:17pm Jan 27, 2021 12:17pm
looks like inverted head and shoulder on 5min chart, but i always see them ;DDD
  • #574,570
  • Edited 12:35pm Jan 27, 2021 12:19pm | Edited 12:35pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 43 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 33 KB
yes yes yes
  • #574,571
  • Jan 27, 2021 12:19pm Jan 27, 2021 12:19pm
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
FOMC is not going to say anything really interesting today.
It can make a candle of 30 pips downwards or upwards, or for both sides.
However, the trend will continue to be long.
Only by raising the rate could the trend change.
Now waiting to see ..
Studing..............
  • #574,572
  • Jan 27, 2021 12:21pm Jan 27, 2021 12:21pm
Quoting Sang.Real
{quote} Thanks for your comment. I guess , it's just Newbie luck. If I can do it consistently, then I will be happy coz it has improved my trading skill Thanks again.
I will try sell at 1.37152
  • #574,573
  • Jan 27, 2021 12:22pm Jan 27, 2021 12:22pm
The chart is screaming, please long me!
Attached Image (click to enlarge)
Click to Enlarge Name: CB779757-2ED0-4B00-85A6-888266F02CC8.jpeg Size: 807 KB
  • #574,574
  • Jan 27, 2021 12:29pm Jan 27, 2021 12:29pm
Quoting fxmasterdxb
The chart is screaming, please long me! {image}
What time chart is that on? My 4H had limited long range
Insane in the Brain..
  • #574,575
  • Jan 27, 2021 12:32pm Jan 27, 2021 12:32pm
Quoting Sang.Real
{quote} Thanks for your comment. I guess , it's just Newbie luck. If I can do it consistently, then I will be happy coz it has improved my trading skill Thanks again.
Ditto
  • #574,576
  • Jan 27, 2021 12:34pm Jan 27, 2021 12:34pm
Quoting pipcenturion
{quote} I will try sell at 1.37152
Hi Pipcenturion.

Thanks for your view and warning .... ( ).

That level is already cleared when price went down (early today).

You can see spike at 14:00 hour on 60 mins candle. ( See chart below)

The only "speed bump " coming is at 1.37500.

Other than that, looking at price structure and this set up, price may reach 1.3792

I'm still learning to read the chart.

Thanks for your help

Attached Image (click to enlarge)
Click to Enlarge Name: GU 049.jpg Size: 363 KB
  • #574,577
  • Jan 27, 2021 12:40pm Jan 27, 2021 12:40pm
Since morning in sell

Attached Image


now in buy with 0 draw down entry.

Attached Image (click to enlarge)
Click to Enlarge Name: 7539D9A1-3886-4AA5-8A9F-4DC63F34237B.png Size: 2.3 MB
"Exchange of hands"
  • #574,578
  • Jan 27, 2021 12:55pm Jan 27, 2021 12:55pm
Quoting fxmasterdxb
The chart is screaming, please long me! {image}
Took long on gold too.. daily above 1847-8 shoot for 1900 and more
  • #574,579
  • Jan 27, 2021 12:57pm Jan 27, 2021 12:57pm
Strong move down is possible H1 last swing support broken now retested abc 15 min , if price starts to turn down towards the hourly swing its coming down heavy
Follow The Markets Structure - Patience and Discipline
  • #574,580
  • Jan 27, 2021 1:15pm Jan 27, 2021 1:15pm
Quoting Moty
{image} {image}
To sell not is a good idea for you ?
Together we can be strongest
Vantage Return This Month: na
403 traders viewing now, 2 are registered:
CPUmice
,
makeme