Cable Update (GBPUSD) | Page 30372 | 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)

  • #607,421
  • Jul 6, 2021 12:47pm Jul 6, 2021 12:47pm
Quoting gatenio
{quote} weekly pivot. Fyi, last fomc drop weekly pivot was the high of that day. maybe tomorrow too?
noted THANKS
  • #607,422
  • Jul 6, 2021 12:50pm Jul 6, 2021 12:50pm
Quoting Inthebox
any chance to take this out? {image}
Hmm ! I might look at 340 i guess,,,,. 50 % of the retracement + previous support became resistance. i

Cheers !
Fools Rushing
  • #607,423
  • Jul 6, 2021 12:53pm Jul 6, 2021 12:53pm
Quoting Georginson
{quote} @Gatenio @Wavegarrick @pat Chiko I stupidly closed my fantastic sell trade at 1.3887 waiting to sell at 1.3900/20 area but now filled with regrets, how I missed a seater. How on Earth we didn't get at least 1.3920 baffles me greatly before this drop to 1.3772 area. My July view still points at 1.3940 ^ 1.3500... now how do I separate my medium term trades from intraday plays? A big puzzle for me to solve.
same problem.. maybe price planning a party, private and secret one.
  • #607,424
  • Jul 6, 2021 12:57pm Jul 6, 2021 12:57pm
Quoting Pat Chiko
{quote} I really like when you incorporated /market profile in your chart. This is yours, price shoot up as your analyse is precise with market profile. Please share more of those chart, I and other can learn from it. Thanks PAT {image}
Hit my sell stop at 1.3785.....chance of going lower tomorrow but my bias is still up on 4hr.
A daily close below 1.37 will negate the scenario......we'll wait and see.
Attached Image (click to enlarge)
Click to Enlarge Name: bab1d634054cd46db017ebfc434cec5c.png Size: 118 KB
Lost....
  • #607,425
  • Jul 6, 2021 1:10pm Jul 6, 2021 1:10pm
i suspect a range to develop...downside risk...trade safe people
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4dsf.png Size: 176 KB
  • #607,426
  • Jul 6, 2021 1:14pm Jul 6, 2021 1:14pm
Taking a short here 96 5 pips stop long over 91 ,, bit of juggling
  • #607,427
  • Jul 6, 2021 1:22pm Jul 6, 2021 1:22pm
Quoting elbert3
Taking a short here 96 5 pips stop long over 91 ,, bit of juggling
GU

Price to retest Yesterday Low as well as Break Out zone and also SBR zone.
All in confluence to single area.
Wouldn't it nice to short there ?

I'm not in trade. Waiting for EURO : ESP Vs ITA

Attached Image (click to enlarge)
Click to Enlarge Name: gu 061.jpg Size: 258 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #607,428
  • Jul 6, 2021 1:22pm Jul 6, 2021 1:22pm
Quoting mysterio
{quote} Gilt yields fell a whopping 100bps today ... not sure I think this was part of a general equity sell off and rebalance into fixed income/cash though I used to manage institutional funds and quarterly rebalancing trades for major pension funds etc would typically take place about a week after month/quarter end, probably why we're seeing massive moves into cash and fixed income (for pension fund matching portfolios etc).

The gilts falling helped us make some good cash this afternoon. Trading FOMC tomorrow might be tricky especially with the hesitation on rate rise. Was that related to gilts?
Insane in the Brain..
  • #607,429
  • Jul 6, 2021 1:23pm Jul 6, 2021 1:23pm
Quoting Pat Chiko
{quote} GU Price to retest Yesterday Low as well as Break Out zone and also SBR zone. All in confluence to single area. Wouldn't it nice to short there ? I'm not in trade. Waiting for EURO : ESP Vs ITA {image}
  • #607,430
  • Jul 6, 2021 1:23pm Jul 6, 2021 1:23pm
Quoting Pat Chiko
{quote} GU Price to retest Yesterday Low as well as Break Out zone and also SBR zone. All in confluence to single area. Wouldn't it nice to short there ? I'm not in trade. Waiting for EURO : ESP Vs ITA {image}

Pat what is BO?
Insane in the Brain..
  • #607,431
  • Jul 6, 2021 1:24pm Jul 6, 2021 1:24pm
Quoting Pat Chiko
{quote} Why do you leave your boat in the middle of football field ? I hope one day will be able to visit you and ride your boat to Bermuda. Take care of the boat. Regrds PAT
Thank you Pat! Always handy in case the pitch gets flooded
  • #607,432
  • Jul 6, 2021 1:25pm Jul 6, 2021 1:25pm
Quoting BeeTogether
{quote} Pat what is BO?
BO is Break Out not Bee Original.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #607,433
  • Jul 6, 2021 1:32pm Jul 6, 2021 1:32pm
Quoting Pat Chiko
{quote} GU Price to retest Yesterday Low as well as Break Out zone and also SBR zone. All in confluence to single area. Wouldn't it nice to short there ? I'm not in trade. Waiting for EURO : ESP Vs ITA {image}
Forza Italia.
  • #607,434
  • Jul 6, 2021 1:32pm Jul 6, 2021 1:32pm
Hi all, PA on the daily looks to me as if there is a strong chance to turn bullish in the next couple of days even though we’ve had a strong bearish momentum today. Tomorrow I expect the same FOMC wording about transitory inflation, tapering and the rest, similar to 19.May. I guess we shall see another red candle on the daily after FOMC and the dollar will be getting stronger. Technically I think that there is still a very good chance for the price to reach the middle of the range in the box – 1.3957 and possibly jump over to the north side towards 1.4 by Friday or early next week. Do I smell a rat in the short positions? Any suggestions or I am just imagining this? Thanks. Have a good evening everyone.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 6 July 21.jpg Size: 127 KB
Did you place your stop loss order? Why not?!? Story of my life...
  • #607,435
  • Jul 6, 2021 1:34pm Jul 6, 2021 1:34pm
closed short manually.. 60 pips. scalp buy is on.. looking for short again..
Attached Image (click to enlarge)
Click to Enlarge Name: b06977b5a68d0d1aa9cdda1452b54db4.png Size: 119 KB
  • #607,436
  • Jul 6, 2021 1:34pm Jul 6, 2021 1:34pm
Attached Image (click to enlarge)
Click to Enlarge Name: 8450FC80-8A4E-4F40-91C8-7104D475051E.jpeg Size: 230 KB
stopped out on short 3 longs and 2 are at 3790 now
  • #607,437
  • Jul 6, 2021 1:35pm Jul 6, 2021 1:35pm
Quoting ayoayo
{quote} Thank you for your help. i will appreciate if you can give a reference on how to get a glossary of the terms you normally use.

PB = Pinbar
BEOB = Bearish Outside Bar
BUOB = Bullish Outside Bar
RM = Range Market
PPZ = Price Pivot Zone
PBT&CA = Price Breakthrough & Closed Above
PBT&CB = Price Breakthrough & Closed Below
D, W, M = Daily, Weekly, Monthly
LCS = Lowest Close Support
HCR = Highest Close Resistance
DCC = Daily Close Confirmation
FTB = First Time Back
SFP = Swing Failure Pattern
RR = Rounded Retest
PAZ = Price Action Zone
QM = Quasimodo
FO = Fake Out
FTR = Failure To Return
FL = Flag limit
TT = Touch trade
SL = Stop Loss
TP = Target Profit
BE = Breakeven
BO = Breakout
RT = Retest
SSR = Significant Support & Resistance or Key Level
SBR = Support Becomes Resistance

If I miss anything, please ask again coz i don't keep hard copy for this only soft copy in the brain.

Regards

PAT = Price Action Trading.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #607,438
  • Jul 6, 2021 1:36pm Jul 6, 2021 1:36pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 40 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 29 KB
yes yes yes
  • #607,439
  • Jul 6, 2021 1:37pm Jul 6, 2021 1:37pm
Quoting Pat Chiko
{quote} BO is Break Out not Bee Original.
was wondering
Insane in the Brain..
  • #607,440
  • Jul 6, 2021 1:38pm Jul 6, 2021 1:38pm
Quoting Pat Chiko
{quote} PB = Pinbar BEOB = Bearish Outside Bar BUOB = Bullish Outside Bar RM = Range Market PPZ = Price Pivot Zone PBT&CA = Price Breakthrough & Closed Above PBT&CB = Price Breakthrough & Closed Below D, W, M = Daily, Weekly, Monthly LCS = Lowest Close Support HCR = Highest Close Resistance DCC = Daily Close Confirmation FTB = First Time Back SFP = Swing Failure Pattern RR = Rounded Retest PAZ = Price Action Zone QM = Quasimodo FO = Fake Out FTR = Failure To Return FL = Flag limit TT = Touch trade SL = Stop Loss TP = Target Profit BE = Breakeven...
OFFS is one , when it all goes wrong lol
2,169 traders viewing now, 1 is registered: