Cable Update (GBPUSD) | Page 30406 | 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)

  • #608,101
  • Jul 8, 2021 11:36am Jul 8, 2021 11:36am
Quoting Georginson
{quote} Manually closed at 1.3767... new 4 hours candle to open and daily range of 70 -100 pips not yet complete... A better buy awaits at 1.3720 area and if I miss it, I will accept it without regrets. {image}
You should have kept it open to TP.

My trades were similar - opened at 1.3742 TP hit at 13786

Surprisingly good today approx +100 pips taken, reached 5 day target.

Still holding a bunch of long positions until the positive reversal.
No SL in place.. I know

Learning from you guys
With Thanks
  • #608,102
  • Jul 8, 2021 11:59am Jul 8, 2021 11:59am
Quoting Wavegarrick
{quote} Hi Vince, Incidentally, I am also short CadJpy, EurJpy, and GbpJpy. Good to know we are on the same side Bud somewhere along the line our minds and systems gel very nicely which I don't see too often in forex. Cheers, Leon,

"incidentally"
I don't believe "incidentally"
I think you read the higher TFs the same way I do, also if we have different systems

Always good to be on your same side
  • #608,103
  • Jul 8, 2021 12:01pm Jul 8, 2021 12:01pm
Day earlier was bad but later I managed to recover with 50+ pips. This ZigZag was lots of help.
Attached Image (click to enlarge)
Click to Enlarge Name: 1a8dae4bd68660974c243021a047b868.png Size: 71 KB
Try the simple and make it for you ~
  • #608,104
  • Jul 8, 2021 12:05pm Jul 8, 2021 12:05pm
3150 avg
Quoting iqyu5an
waiting for 3050 - 3250 #Pending Buy
not euphoria follower
  • #608,105
  • Jul 8, 2021 12:26pm Jul 8, 2021 12:26pm
If tomorrow is going to be like today I might as well get my paint watching glasses on now..

the fact we have not broken below 13750 for a period of time despite languishing near there for most of the day has me thinking tomorrow could be bullish as the lower areas are rejected.. again could be wrong just following patterns
Insane in the Brain..
  • #608,106
  • Jul 8, 2021 12:48pm Jul 8, 2021 12:48pm
Quoting BeeTogether
If tomorrow is going to be like today I might as well get my paint watching glasses on now.. the fact we have not broken below 13750 for a period of time despite languishing near there for most of the day has me thinking tomorrow could be bullish as the lower areas are rejected.. again could be wrong just following patterns
Hi Bt, Yes I am getting a bit concerned with the lack of bearish conviction. Gu has been languishing at these levels for some time now. In short, time is running out for bears. I don't change my stance often. It needs the forex gods now. Tomorrow is Friday so maybe a bit more direction.
Cheers.
Trade to trade another day
  • #608,107
  • Jul 8, 2021 1:05pm Jul 8, 2021 1:05pm
Possible scenarios
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 32 KB
Fools Rushing
  • #608,108
  • Jul 8, 2021 1:23pm Jul 8, 2021 1:23pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 63 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 43 KB
yes yes yes
  • #608,109
  • Jul 8, 2021 1:24pm Jul 8, 2021 1:24pm
Quoting Moty
yes yes yes !!!! another comeback from daily 164 $ loss to 5 $ profit {image} i jumped to short gu without resting {image}
Please what is the name of this indicator. Please kindly help and upload the indicator. It will highly be of tremendous use to my profitable trade
  • #608,110
  • Jul 8, 2021 1:36pm Jul 8, 2021 1:36pm
Quoting Moty
{image}{image}
Please can you help me and upload this indicator file (mtq4) so that I can have it on my chart. It will be of tremendous us to me trading
  • #608,111
  • Jul 8, 2021 1:39pm Jul 8, 2021 1:39pm
Quoting timmyadeniji
{quote} Please what is the name of this indicator. Please kindly help and upload the indicator. It will highly be of tremendous use to my profitable trade
TMA_Centered_H1_V2_VS
5 m chart will give 3-5 trades of 20-30 pips each trades everyday
15m chart will give you 1 good trade of 50-80 pips everyday
h1 chart will give 120-150 pips trade every 2 or 3 days

better to take trade with the trend ,
if price is below the pivot line take only short trades
if price is above the pivot line take only long trades
wait for the touch at the band , this is the place where price is in its over bought or over sold situation
money management , put sl outside the band and aim to the side without greediness
good luck
Attached File(s)
File Type: ex4 TMA_Centered_H1_V2_VS.ex4   21 KB | 424 downloads
File Type: mq4 auto pivots.mq4   31 KB | 342 downloads
File Type: ex4 AverageDailyRange.ex4   63 KB | 352 downloads
File Type: ex4 Round Numbers Indicator.ex4   31 KB | 387 downloads
File Type: ex4 fxr_sr_zones.ex4   79 KB | 375 downloads
File Type: tpl pivot.tpl   20 KB | 351 downloads
yes yes yes
  • #608,112
  • Jul 8, 2021 1:45pm Jul 8, 2021 1:45pm
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 60 KB
yes yes yes
  • #608,113
  • Jul 8, 2021 1:46pm Jul 8, 2021 1:46pm
Quoting Moty
{quote} TMA_Centered_H1_V2_VS 5 m chart will give 3-5 trades of 20-30 pips each trades everyday 15m chart will give you 1 good trade of 50-80 pips everyday h1 chart will give 120-150 pips trade every 2 or 3 days better to take trade with the trend , if price is below the pivot line take only short trades if price is above the pivot line take only long trades wait for the touch at the band , this is the place where price is in its over bought or over sold situation money management , put sl outside the band and aim to the side without greediness...

looks like you found the holly grail.
good job
  • #608,114
  • Jul 8, 2021 1:51pm Jul 8, 2021 1:51pm
Quoting Jolita
{quote} You should have kept it open to TP. My trades were similar - opened at 1.3742 TP hit at 13786 Surprisingly good today approx +100 pips taken, reached 5 day target. Still holding a bunch of long positions until the positive reversal. No SL in place.. I know Learning from you guys With Thanks
I feel more comfortable selling this price than buying this price... Further crash to 1.34 is around the corner and one unsuspecting day a large crash will happen.
Data + Stat + Risk/Emotions Management
  • #608,115
  • Jul 8, 2021 2:00pm Jul 8, 2021 2:00pm
Go dow goggo
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 07-08-2021 21.59.jpg Size: 133 KB
yes yes yes
  • #608,116
  • Jul 8, 2021 2:02pm Jul 8, 2021 2:02pm
Quoting Moty
{quote} TMA_Centered_H1_V2_VS 5 m chart will give 3-5 trades of 20-30 pips each trades everyday 15m chart will give you 1 good trade of 50-80 pips everyday h1 chart will give 120-150 pips trade every 2 or 3 days better to take trade with the trend , if price is below the pivot line take only short trades if price is above the pivot line take only long trades wait for the touch at the band , this is the place where price is in its over bought or over sold situation money management , put sl outside the band and aim to the side without greediness...
Thanks alot
  • #608,117
  • Edited 2:23pm Jul 8, 2021 2:12pm | Edited 2:23pm
Quoting Georginson
{quote} I feel more comfortable selling this price than buying this price... Further crash to 1.34 is around the corner and one unsuspecting day a large crash will happen.
but what do you think about monthly PP..?

to me looks like she is ready to go for it..,

thank you
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicro-h4-xm-global-limited-2.png Size: 58 KB
dolce vita
  • #608,118
  • Jul 8, 2021 3:03pm Jul 8, 2021 3:03pm
Quoting Moty
{quote} TMA_Centered_H1_V2_VS 5 m chart will give 3-5 trades of 20-30 pips each trades everyday 15m chart will give you 1 good trade of 50-80 pips everyday h1 chart will give 120-150 pips trade every 2 or 3 days better to take trade with the trend , if price is below the pivot line take only short trades if price is above the pivot line take only long trades wait for the touch at the band , this is the place where price is in its over bought or over sold situation money management , put sl outside the band and aim to the side without greediness...
To be fair this is fairly close to my strategy and typically what I look for. (1 good 50-60 pip trade on the 15m).
  • #608,119
  • Jul 8, 2021 3:04pm Jul 8, 2021 3:04pm
Quoting babayaga
{quote} but what do you think about monthly PP..? to me looks like she is ready to go for it.., thank you {image}
Just note that 1.3940 is key, as far as it gets unbroken, keep selling at every rise till it touches 1.35 this July... Just my humble advise.

Trade with caution.
Data + Stat + Risk/Emotions Management
  • #608,120
  • Jul 8, 2021 3:14pm Jul 8, 2021 3:14pm
Quoting Moty
{quote} TMA_Centered_H1_V2_VS 5 m chart will give 3-5 trades of 20-30 pips each trades everyday 15m chart will give you 1 good trade of 50-80 pips everyday h1 chart will give 120-150 pips trade every 2 or 3 days better to take trade with the trend , if price is below the pivot line take only short trades if price is above the pivot line take only long trades wait for the touch at the band , this is the place where price is in its over bought or over sold situation money management , put sl outside the band and aim to the side without greediness...
Thank you for sharing, much appreciated and may you be blessed for your generosity
252 traders viewing now, 3 are registered:
Jewel1996
,
,
munlee