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Why is GBPUSD called cable? 67 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting navk
{quote} yes, 3750 is what I am looking for...for my long. with stop in place at 3690. To short from there ? I dunno... but let us see that time, In hourly... there is reversal I see from oversold.

Thank You navk.

Appreciate your responses in helping newbie.

After the big price move from yesterday, I think price will start ranging and consolidate , planning for their next attack.

I scalp a bit when sees opportunity and reliable set up arises, from time to time.

Still keeping my eyes to Daily/H4 direction for trading bias.

Thanks again and keep up the good work with your valuable posting.

Sincerely

Sang Real

P/S I'm out of GU scalping long trade already.
is there any indication from crude oil ?
it suddenly spiked up today , after several downtrend days with the pairs against the dollar
Quoting mysterio
{quote} Sorry that doesn't make much sense alone In my head I guess the more bulls attack that area, the more resting limit orders will be taken out and so the bear power will be less. Bulls have taken several stabs at it so far
i dont get it

shouldnt it be vice versa?

i mean - the stronger bulls go up, the bigger bearish move comes after?
There is a bullish nenstar on eurusd H4, possibly to push the price up. Gbpusd could follow.
Risk Management is of utmost importance!
audusd
am still waiting for my setup to complete
Attached Image
99.9% persistence
Quoting Moty
is there any indication from crude oil ? it suddenly spiked up today , after several downtrend days with the pairs against the dollar
https://www.theguardian.com/world/20...shipping-costs
Twitter: Rummer_grapes
Quoting zuluremys
audusd am still waiting for my setup to complete {image}

Dude,

you're posting in wrong thread.

I ask you politely, Please post in the appropriate thread.

Thank you

Setting TP at B/E + 10 now I can’t see it much lower than 137
Imho, this level 1.3730 is quite crucial for "uptrend/downtrend", on M15 ie.
If you don't know how to earn money, don't loose it.
Quoting RCtrader
There is a bullish nenstar on eurusd H4, possibly to push the price up. Gbpusd could follow.
hope not lol. Although if it does go up I’d like one final drop to 137 for a clean bull run
Quoting Moty
is there any indication from crude oil ? it suddenly spiked up today , after several downtrend days with the pairs against the dollar

may I
today:
Attached Image (click to enlarge)
Click to Enlarge Name: 24 03 cl.JPG Size: 14 KB
which is "BEARISH" (200%)
and it is"normal" reaction to bearish report (?!), next day usually CL is going in the right direction

but WPP is 62.05
and we've got "double" speculation

I think she could go today till 62 (?!),.., maybe no
dolce vita
Quoting Bacco
{quote} https://www.theguardian.com/world/20...shipping-costs
do you believe?
dolce vita
Quoting RCtrader
There is a bullish nenstar on eurusd H4, possibly to push the price up. Gbpusd could follow.
it's still stand off
crude oil wend up 4% today
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Quoting Moty
{quote} it's still stand off crude oil wend up 4% today {image}
That was because of the oil tanker stuck in the Suez canal, nothing more
the crooks are having fun today
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No trading for me at this low level in timeframes but interesting to follow

So there is the correction possibly finished abc to the upside moving against the larger degree down trend so a break of support and based on the retest level and reaction that will determine an entry short.



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Follow The Markets Structure - Patience and Discipline
Kind a messy. Favoring short term bulls. 1.3695 will invalidate the bull setup. messy = i would take two steps back
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Fools Rushing
GU

This is what my set up looks like.

( Not professional, but as newbie view)

I wait the set up to complete ( if not , I find another).

Any view or comment are welcome for educational purpose.

Thank You

Sang Real

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Quoting iluvyomumma
{quote} That was because of the oil tanker stuck in the Suez canal, nothing more
yes, indeed..,

and all the airplanes
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missed that "fuel"
dolce vita
Quoting Moty
the crooks are having fun today {image}

Hi Moty,

This game is all patience.

Be patient with your process.

Be patient with the market.

And perhaps above all, be patient with yourself.


May the force be with you. !
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