Cable Update (GBPUSD) | Page 30548 | 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)

  • #610,941
  • Jul 20, 2021 9:14am Jul 20, 2021 9:14am
Try to catch fall knife..
lets see this one is right hand or wrong hand.
Attached Image (click to enlarge)
Click to Enlarge Name: A6262334-C9D0-4D75-8AE4-808C69A8A015.jpeg Size: 207 KB
  • #610,942
  • Jul 20, 2021 9:17am Jul 20, 2021 9:17am
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 28 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 17 KB
yes yes yes
  • #610,943
  • Jul 20, 2021 9:19am Jul 20, 2021 9:19am
Quoting Ihlas
{quote} Expecting three 1H bullish bar. After three 1H bearish and then UP again
try guess the sequence of the bars.. wow.
follow

maybe will be cheers later.
  • #610,944
  • Jul 20, 2021 9:21am Jul 20, 2021 9:21am
London closing rally might take her higher towards 1.3630-40
Attached Image (click to enlarge)
Click to Enlarge Name: GBP USD 20 JUL 3.jpg Size: 156 KB
Did you place your stop loss order? Why not?!? Story of my life...
  • #610,945
  • Jul 20, 2021 9:21am Jul 20, 2021 9:21am
Quoting Bainbrito
{quote} I know I caught the trade but I didn’t have enough conviction to do it with my live account because I don’t really like reversals. That’s really nicely done!! Your patience has paid off. I figured the last long bear candle was an exhaustive move and saw a lot of volume come in after it, enough to stop the downward trend, and decided it must be buyers and so it was worth taking a position.. on demo
A good trade is a good trade!

I put my trades on demo and live simultaneously cause my broker (IG) doesn't link to tradingview and I like to show the execution levels on the chart

I heard a guy say on a podcast that if you do this and focus on the demo trade your results can improve because there's a subtle mindset shift when you're focussing on fake money as compared to real. Become more focussed on executing a good trade with less of the emotion of watching your live account swing. Not sure if I believe this but something to think on
  • #610,946
  • Jul 20, 2021 9:23am Jul 20, 2021 9:23am
long was added no fail as yet so we keep going
  • #610,947
  • Jul 20, 2021 9:24am Jul 20, 2021 9:24am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 53 KB
yes yes yes
  • #610,948
  • Jul 20, 2021 9:35am Jul 20, 2021 9:35am
I'm long from 1.3576. I think we can see 1.3825 - 1.3850 at end of the week.
  • #610,949
  • Jul 20, 2021 9:39am Jul 20, 2021 9:39am
Quoting mysterio
{quote} I heard a guy say on a podcast that if you do this and focus on the demo trade your results can improve because there's a subtle mindset shift when you're focussing on fake money as compared to real. Become more focussed on executing a good trade with less of the emotion of watching your live account swing. Not sure if I believe this but something to think on
Thanks! That’s a good idea to be fair, I use demo to test new ideas, like Mr Waveskierrob’s hedging, the reason I had it open, and also to get used to bigger numbers, but it always amazes me how much better I perform without the fear and emotion of real money. I’d never take a trade like that with real money, even if I understand the dynamics and the risk to reward is good; but with demo it’s no problem. Definitely worth thinking on, cheers.
  • #610,950
  • Jul 20, 2021 9:41am Jul 20, 2021 9:41am
In my view on buy position is RSI reading on over sold area,reduce on volume in down MACD. And 1.358 is an new support approach.so price must bounce before more way down.all comment is very welcome
Attached Image (click to enlarge)
Click to Enlarge Name: 7FB55943-8CFE-41C7-B92A-A06060701B1A.jpeg Size: 215 KB
  • #610,951
  • Jul 20, 2021 9:43am Jul 20, 2021 9:43am
Quoting gatenio
{quote} try guess the sequence of the bars.. wow. follow maybe will be cheers later.
It's not and it's about sequence of candle.
It's about buying hours and sellings hours. There can be sells in buying hours. And it's a good place to buy. So I mean 3 hours of buying and 3 hours of selling cycle. 28 hours of buying cycle entered after NY open. And there is no good selling cycles (except 3-2 hours of selling) for me till Friday.
Good luck,
Hope this makes sense
BTW it's not about Hurst cycles
  • #610,952
  • Jul 20, 2021 9:46am Jul 20, 2021 9:46am
Quoting elbert3
long was added no fail as yet so we keep going
could be back to shorts 50% hit twice
  • #610,953
  • Edited 9:56am Jul 20, 2021 9:46am | Edited 9:56am
Quoting Kimoo
In my view on buy position is RSI reading on over sold area,reduce on volume in down MACD. And 1.358 is an new support approach.so price must bounce before more way down.all comment is very welcome {image}
Could be, the price is rising on falling volume, but volume is rising now so the next 15 minutes should tell. I wouldn’t take rsi too seriously as a currency cannot be overbought or sold.
Attached Image (click to enlarge)
Click to Enlarge Name: 9A2C6D55-5334-4855-89B7-08E5D73DFF99.png Size: 437 KB
  • #610,954
  • Jul 20, 2021 9:46am Jul 20, 2021 9:46am
This is where they could drop price again,
Trade safe
Cheers.
Trade to trade another day
  • #610,955
  • Jul 20, 2021 9:54am Jul 20, 2021 9:54am
Quoting Wavegarrick
This is where they could drop price again, Trade safe Cheers.
Where exactly
  • #610,956
  • Jul 20, 2021 9:56am Jul 20, 2021 9:56am
I closed my long trade for a small profit. I am not liking what I am seeing. Bearish pressure is picking up again. So I will now be looking for an opportunity to go short.
Learn from your mistakes and march on.
  • #610,957
  • Jul 20, 2021 9:56am Jul 20, 2021 9:56am
s&p contract spiked 50 pts today
possible that the dx is about to drop soon
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 37 KB
yes yes yes
  • #610,958
  • Jul 20, 2021 10:04am Jul 20, 2021 10:04am
Quoting mysterio
{quote} A good trade is a good trade! I put my trades on demo and live simultaneously cause my broker (IG) doesn't link to tradingview and I like to show the execution levels on the chart I heard a guy say on a podcast that if you do this and focus on the demo trade your results can improve because there's a subtle mindset shift when you're focussing on fake money as compared to real. Become more focussed on executing a good trade with less of the emotion of watching your live account swing. Not sure if I believe this but something to think on


I have two screens with a real account and a demo, when I have doubts, I place the order in the demo, afterwards I reply to a real account, my demo account always gives more profit!
I have two screens with a real account and a demo, when I have doubts, I place the order in the demo, afterwards I reply to a real account, my demo account always gives more profit!
resilience....
  • #610,959
  • Jul 20, 2021 10:08am Jul 20, 2021 10:08am
My eyes back on 1.357x, if we have a short term bottom then we may create a W pattern

I see Euro/DXY forming ending diagonals and DXY still in potential reversal zone/supply

See if we can get one more trade before end of day maybe
  • #610,960
  • Jul 20, 2021 10:08am Jul 20, 2021 10:08am
Quoting Nd10
{quote} Where exactly
We just finished retesting the H1 BO at S138 (weekly). The same PA happened after the break of 100% (weekly)
You see as stone fit take drop from zuma rock? that kind drop fit happen.
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 11 KB
143 traders viewing now, 3 are registered:
nasro31
,
bblizardd
,
Sandy1994