Cable Update (GBPUSD) | Page 29337 | 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)

  • #586,721
  • Mar 29, 2021 4:15am Mar 29, 2021 4:15am
Quoting Theoak
{quote} Sort - Short
i am a buyer but not here. i want it to go down but no indication for it yet (to feel safe to take the trade as per my rules)

also i cannot scalp, had an accident and my hands are not fast enough yet
offering my system to copy trade. check my link
  • #586,722
  • Mar 29, 2021 4:18am Mar 29, 2021 4:18am
Quoting iluvyomumma
{quote} I very rarely use DXY. I think it is completely misleading. Did you know 52% of DXY is EURUSD? So you're basically relying on the strength of the Euro and disregarding the other currencies. It isn't a good indicator
I do know that the big chunk of dxy is eur. GBP is only small piece. Maybe only 20%(?). Although GBP is only small piece of DXY, GBP has some correlation with EUR. So Dxy still can indicate something for GBP direction. A lot of times EUR goes the same direction with GBP.

DXY is not a precise indicator for GBP, but it can indicate something, just as black clouds do not always indicate raining, but it can indicate that the rain may be coming!
  • #586,723
  • Mar 29, 2021 4:22am Mar 29, 2021 4:22am
don't follow these trades, i am just having fun testing a new trading template i started a few hours back
Attached Images
feel free to invite me to your forum, if you have any
  • #586,724
  • Mar 29, 2021 4:29am Mar 29, 2021 4:29am
FPA technical analysis: In short-term perspective we're focused on downside continuation but have to keep an eye on crucial resistance levels, as they could become good indicators of market action.

Inserted Video
  • #586,725
  • Mar 29, 2021 4:35am Mar 29, 2021 4:35am
Quoting nikosk0
{quote} i am a buyer but not here. i want it to go down but no indication for it yet (to feel safe to take the trade as per my rules) also i cannot scalp, had an accident and my hands are not fast enough yet
No worries Bud... You was spelling Short wrong. I was Bear this morning waiting for it to set-up. I have a long on this at the moment target 1.3847. Looking to add if it retraces a bit!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2021-03-29 123148.png Size: 47 KB
Don't trade what you think. Just what you see!!!
  • #586,726
  • Mar 29, 2021 4:35am Mar 29, 2021 4:35am
added another position, should go up another 40 pips or so
Attached Image
feel free to invite me to your forum, if you have any
  • #586,727
  • Mar 29, 2021 4:35am Mar 29, 2021 4:35am
Quoting JungleLionFx
don't follow these trades, i am just having fun testing a new trading template i started a few hours back {image} {image}
what levels are you using?

thanks.
Get the Lag out
  • #586,728
  • Mar 29, 2021 4:37am Mar 29, 2021 4:37am
Quoting JungleLionFx
added another position, should go up another 40 pips or so {image}
England took on March 29th a significant step towards easing lockdown restrictions, with people being allowed to meet in groups of up to six or as two households and outdoor team sports reopening.
feel free to invite me to your forum, if you have any
  • #586,729
  • Mar 29, 2021 4:39am Mar 29, 2021 4:39am
Quoting ZeroLag
{quote} what levels are you using? thanks.
i am just testing something, don't follow me
feel free to invite me to your forum, if you have any
  • #586,730
  • Mar 29, 2021 4:42am Mar 29, 2021 4:42am
Quoting JungleLionFx
don't follow these trades, i am just having fun testing a new trading template i started a few hours back {image} {image}
Are you hedging this 2 pair?
  • #586,731
  • Mar 29, 2021 4:47am Mar 29, 2021 4:47am
Quoting JungleLionFx
{quote} i am just testing something, don't follow me

follow you where?
Get the Lag out
  • #586,732
  • Mar 29, 2021 4:48am Mar 29, 2021 4:48am
Quoting JungleLionFx
{quote} i am just testing something, don't follow me
Careful
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20210329-171651_MetaTrader 4.jpg Size: 530 KB
  • #586,733
  • Mar 29, 2021 4:50am Mar 29, 2021 4:50am
Quoting bigiivan
If this H4 close bullish we will go up. 1,3850 or even 1,3900. One more hours to go.
So far, so good.
1,3850 is a must! The question is: will we see 1,3900 today?
Let's see NY!
  • #586,734
  • Mar 29, 2021 4:51am Mar 29, 2021 4:51am
Quoting bigiivan
{quote} So far, so good. 1,3850 is a must! The question is: will we see 1,3900 today? Let's see NY!
Look closely daily candle u can see we he want to go..
  • #586,735
  • Mar 29, 2021 4:51am Mar 29, 2021 4:51am
1/1 H4
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.aH4.png Size: 78 KB
  • #586,736
  • Mar 29, 2021 4:52am Mar 29, 2021 4:52am
Quoting fahminofear
{quote} Are you hedging this 2 pair?
just following the price, no hedging
Attached Image
feel free to invite me to your forum, if you have any
  • #586,737
  • Mar 29, 2021 4:53am Mar 29, 2021 4:53am
to me 3850/3860 unlikely to break. ( for today )

I took short. But may be wrong.
Intraday only.
  • #586,738
  • Mar 29, 2021 4:56am Mar 29, 2021 4:56am
I should have labeled my chart correctly....
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 27 KB
Get the Lag out
  • #586,739
  • Mar 29, 2021 5:03am Mar 29, 2021 5:03am
Quoting JungleLionFx
{quote} just following the price, no hedging {image}
added a little noise to my template just to get a quick exit when it happens

basically, as long as price remains above a level on that time frame it is bullish

break the support then just exit the long

right now i am tracking m15 or 15 minute level for long exit
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 25 KB
feel free to invite me to your forum, if you have any
  • #586,740
  • Mar 29, 2021 5:11am Mar 29, 2021 5:11am
Check out the daily chart it's clearly in a consolidation pattern on a daily,

I reckon we could be looking at 1.41 within a few weeks!

I'm staying long for the long term.
652 traders viewing now