Cable Update (GBPUSD) | Page 28872 | 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)

  • #577,421
  • Feb 11, 2021 1:31am Feb 11, 2021 1:31am
... 50% of the 3761-3866 @ the current dly lo in that prev 1hr sw lo zone leading down to 3809. 38.2% of the total dly move down so far at the current pullback hi off that downmove. 3836 = 50% of that move. 1hr below.
Attached Image (click to enlarge)
Click to Enlarge Name: 3709f64f7e0976c5f72ea6689096ac00.png Size: 26 KB
Trader with an Edge.
  • #577,422
  • Feb 11, 2021 1:37am Feb 11, 2021 1:37am
Quoting Sang.Real
{quote} GU Limit Order filled at London Open. SL in place. Any comment and ideas are welcome. Thank You {image}

Tomorrow is CNY around the world.

I guess they started early in GU. Ox Year
  • #577,423
  • Feb 11, 2021 1:39am Feb 11, 2021 1:39am
Quoting Sang.Real
{quote} Tomorrow is CNY around the world. I guess they started early in GU. Ox Year
Daily pivot could be the red rag
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 168 KB
  • #577,424
  • Feb 11, 2021 1:45am Feb 11, 2021 1:45am
I think 1 more day for bullish..
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 51 KB
  • #577,425
  • Feb 11, 2021 1:48am Feb 11, 2021 1:48am
Where is the break my friends?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2021-02-11-11-44-47-158_net.metaquotes.metatrader4.jpg Size: 543 KB
yes yes yes
  • #577,426
  • Feb 11, 2021 1:51am Feb 11, 2021 1:51am
Hmmm.. best to stay sidelines.
I believe market is currently hunting for sellers.
  • #577,427
  • Feb 11, 2021 1:53am Feb 11, 2021 1:53am
We are here. I think a break up will go to 1.39 tops then down, while a break down will hit 1.3870 IMO.
We will see.
Attached Image (click to enlarge)
Click to Enlarge Name: 6a127380a8f6510938a4a5f873e5d2c9.png Size: 63 KB
Lost....
  • #577,428
  • Feb 11, 2021 1:54am Feb 11, 2021 1:54am
Battle at the frontier
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 65 KB
  • #577,429
  • Feb 11, 2021 1:56am Feb 11, 2021 1:56am
Quoting BeeTogether
{quote} that drop was such a tease ! However not to say there won’t be another drop anytime soon
if you look just on the last wave with fib extension..

ab=cd - so retrace is welcome. problem is the levels in terms of the weekdays, not good.
Attached Image (click to enlarge)
Click to Enlarge Name: d8bc47d05e52a53b5831f60d908997ff.png Size: 78 KB

but i dont know.. everything is too tight for me.
  • #577,430
  • Feb 11, 2021 2:03am Feb 11, 2021 2:03am
I think the price cannot go up more until a correction.
I am expecting the price to fall at least 1.368 today. If it breaks down that then we can see 1.3618 or lower by tomorrow end of day.
This is will form a deeper pullback with a bulls race again next week.
My observation may be wrong but intent correct. Stay calm!
  • #577,431
  • Feb 11, 2021 2:08am Feb 11, 2021 2:08am
Quoting parshal
I think the price cannot go up more until a correction. I am expecting the price to fall at least 1.368 today. If it breaks down that then we can see 1.3618 or lower by tomorrow end of day. This is will form a deeper pullback with a bulls race again next week.
cant see a 200 pip drop.. the bulls look far too strong. I pull back to 13750 could be the max to reload for 139
Insane in the Brain..
  • #577,432
  • Feb 11, 2021 2:10am Feb 11, 2021 2:10am
Quoting BeeTogether
{quote} cant see a 200 pip drop.. the bulls look far too strong. I pull back to 13750 could be the max to reload for 139
You are right.
But the US Employment and FED monetary policy can change the statistics pretty fast.
My observation may be wrong but intent correct. Stay calm!
  • #577,433
  • Feb 11, 2021 2:11am Feb 11, 2021 2:11am
Quoting BeeTogether
{quote} cant see a 200 pip drop.. the bulls look far too strong. I pull back to 13750 could be the max to reload for 139
any 1000 pips move start with 1 pip.
i want 1.375 too, this my level to tp, and buy potential
  • #577,434
  • Feb 11, 2021 2:13am Feb 11, 2021 2:13am
Quoting BeeTogether
{quote} cant see a 200 pip drop.. the bulls look far too strong. I pull back to 13750 could be the max to reload for 139
Could see that level today I reckon. We can just observe PA and watch the situation develop before making the next decision. Certainly this is the most obvious level, daily breakout level to retest/grab liquidity before the next push up, I have a feeling it may want to go a bit deeper to get enough fuel for a push up to 1.40+

Of course this could all be a huge bear trap, ready for anything on cable!

Looking at the bond market for clues, it looks like treasuries are forming a bear flag-getting ready for the next sell off to send treasury yields higher=dollar strength
  • #577,435
  • Feb 11, 2021 2:20am Feb 11, 2021 2:20am
Quoting Moty
Where is the break my friends? {image}
Maybe here
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2021-02-11-12-18-26-112_net.metaquotes.metatrader4.jpg Size: 570 KB
yes yes yes
  • #577,436
  • Feb 11, 2021 2:20am Feb 11, 2021 2:20am
Should start to come down further soon as the third wave is now building an impulse wave to the downside but i still think it will not go further than into the range of the top at 3762 ish.
Follow The Markets Structure - Patience and Discipline
  • #577,437
  • Feb 11, 2021 2:21am Feb 11, 2021 2:21am
Quoting parshal
{quote} You are right. But the US Employment and FED monetary policy can change the statistics pretty fast.
Also there are high impact news lineups tomorrow for GBP.
So I guess a considerable fall within next 2 days to make a correction and rally next week.
My observation may be wrong but intent correct. Stay calm!
  • #577,438
  • Feb 11, 2021 2:23am Feb 11, 2021 2:23am
sell - 1.3827
Together we can be strongest
Vantage Return This Month: na
  • #577,439
  • Feb 11, 2021 2:34am Feb 11, 2021 2:34am
Check your charts on the following dates and before
Attached Image (click to enlarge)
Click to Enlarge Name: aEGfq3U.png Size: 74 KB
Air force
  • #577,440
  • Feb 11, 2021 2:36am Feb 11, 2021 2:36am
Attached Image (click to enlarge)
Click to Enlarge Name: palpite.png Size: 24 KB
Together we can be strongest
Vantage Return This Month: na
557 traders viewing now, 1 is registered:
bosti