Cable Update (GBPUSD) | Page 30563 | 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)

  • #611,241
  • Jul 21, 2021 9:20am Jul 21, 2021 9:20am
3775 would be a good time it any for shorts and this needs to be today or we will have a bull candle i would think
  • #611,242
  • Jul 21, 2021 9:24am Jul 21, 2021 9:24am
NY has got to fill in the ADR… 1.3690 is my TP and possibly I’ll risk it to go short from there, aiming for the top of the LO range around 1.3638
Did you place your stop loss order? Why not?!? Story of my life...
  • #611,243
  • Jul 21, 2021 9:28am Jul 21, 2021 9:28am
Could be the end of the line for DXY, finally. Reacting off another important zone
Attached Image
  • #611,244
  • Jul 21, 2021 9:31am Jul 21, 2021 9:31am
Here is the chart for GU trade, GY broke resistance on the first swing whereas GU did not therefore the GU trade is corrective overall and GY being the better trade as it was a reversal

The base low is 4H
4H subdivides to 3 swings on the 1H

Full structure 15 min

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 47 KB
Follow The Markets Structure - Patience and Discipline
  • #611,245
  • Jul 21, 2021 9:36am Jul 21, 2021 9:36am
Quoting mysterio
Could be the end of the line for DXY, finally. Reacting off another important zone {image}
Nice chart! I’ll take your advice. I was hesitating for a few more pips, but fear is prevailing now lol. I’m all out. Thanks!
Did you place your stop loss order? Why not?!? Story of my life...
  • #611,246
  • Jul 21, 2021 9:36am Jul 21, 2021 9:36am
Quoting elbert3
3775 would be a good time it any for shorts and this needs to be today or we will have a bull candle i would think

There is no rush , wait for break and retest, it can be a mistake sometimes to assume a top, GU could punch through the resistance if there is liquidity above
Follow The Markets Structure - Patience and Discipline
  • #611,247
  • Jul 21, 2021 9:38am Jul 21, 2021 9:38am
Quoting Wavegarrick
{quote} Anyway Folks, Took another sell trade at my daily pivot at 1.36328 s/loss 30 pips. Cutting it fine and I could be wrong. I will lock in as soon as possible. Trade safe, Cheers. {image}
Above trade was stopped out for a few pips profit. Price currently stalling just below yesterday's high at 1.36892 ish. I will be looking for rejection here to enter another sell trade with a s/loss just above 1.37000. Cutting it really fine here and not what I was hoping for Bears. New daily highs will be an ominous sign for a correction or even reversal.
Cheers.
Trade to trade another day
  • #611,248
  • Jul 21, 2021 9:44am Jul 21, 2021 9:44am
sensing a brutal sell off
Lord icarii All Time Return: na
  • #611,249
  • Jul 21, 2021 9:46am Jul 21, 2021 9:46am
Attached Image (click to enlarge)
Click to Enlarge Name: A6107B73-0B03-41A1-877E-838F3CCE6FB7.png Size: 516 KB
Closed half positions for +25pip
letting it roll since us oil inventories supported the rise of cable, sl breakeven
  • #611,250
  • Jul 21, 2021 9:47am Jul 21, 2021 9:47am
Quoting Wavegarrick
{quote} Above trade was stopped out for a few pips profit. Price currently stalling just below yesterday's high at 1.36892 ish. I will be looking for rejection here to enter another sell trade with a s/loss just above 1.37000. Cutting it really fine here and not what I was hoping for Bears. New daily highs will be an ominous sign for a correction or even reversal. Cheers.
For me, I only keep longs now. I'll looking for shorts but not now bro. Best wishes bro
  • #611,251
  • Jul 21, 2021 9:54am Jul 21, 2021 9:54am
London is closing, expect a 20 to 25 pip drop now.
Intraday only.
  • #611,252
  • Jul 21, 2021 9:54am Jul 21, 2021 9:54am
Quoting Ihlas
Interesting. I have drawn probable GBPUSD movement for next. It looks like the same as EU. Not timing solution or other planetary cycles. Different approach. Up starts on Wednesday. Will be interesting week. Just my few experiments of mine. Good luck {image}
On spot. If next two hours can't make HH. We are up again
  • #611,253
  • Jul 21, 2021 9:55am Jul 21, 2021 9:55am
sold 1.3679
Trade with prediction = witch with her visions lol
  • #611,254
  • Jul 21, 2021 9:56am Jul 21, 2021 9:56am
Risky counter short at 1.3676 SL 1.3696 TP 1.3642. I think 1.3690 is a strong resistance and my TP is at the top of today’s LO range
Attached Image (click to enlarge)
Click to Enlarge Name: GU Short.jpg Size: 144 KB
Did you place your stop loss order? Why not?!? Story of my life...
  • #611,255
  • Jul 21, 2021 9:59am Jul 21, 2021 9:59am
Quoting Madanmohanca
{quote} Moty did Gold will go down further?

yes
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gold.png Size: 24 KB
Click to Enlarge Name: gold1.png Size: 46 KB
yes yes yes
  • #611,256
  • Jul 21, 2021 9:59am Jul 21, 2021 9:59am
Quoting Bainbrito
{quote} The B point may be too high actually, I seem to remember the B point is critical for defining the pattern, in which case it is a Bearish Butterfly. That would put the D point or PRZ around 1.369 just eyeballing it. {image}
Maybe these things work? Good luck everyone.
Attached Image (click to enlarge)
Click to Enlarge Name: DFF202B4-274D-40B8-A456-14B80B56ED2D.png Size: 432 KB
  • #611,257
  • Jul 21, 2021 10:03am Jul 21, 2021 10:03am
Quoting coyoteuglyxxx
Risky counter short at 1.3676 SL 1.3696 TP 1.3642. I think 1.3690 is a strong resistance and my TP is at the top of today’s LO range {image}
me too
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 46 KB
Click to Enlarge Name: gu2.png Size: 45 KB
yes yes yes
  • #611,258
  • Jul 21, 2021 10:07am Jul 21, 2021 10:07am
Quoting Bainbrito
{quote} Maybe these things work? Good luck everyone. {image}
Tweaking period and error rate I got this
Attached Image (click to enlarge)
Click to Enlarge Name: wb38W8dX.png Size: 98 KB
Air force
  • #611,259
  • Jul 21, 2021 10:08am Jul 21, 2021 10:08am
Quoting Bainbrito
{quote} Maybe these things work? Good luck everyone. {image}
It only seems that way. There is no edge to trading these patterns. It's better to just stick to basic support and resistance from completed fractals on higher time frames such as the Daily and the weekly.
Learn from your mistakes and march on.
  • #611,260
  • Jul 21, 2021 10:10am Jul 21, 2021 10:10am
Quoting Moty
{quote} me too {image} {image}
me too
now with small loss.., watching 1.3680 (?!)
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicro-h4-xm-global-limited.png Size: 32 KB
dolce vita
549 traders viewing now, 3 are registered:
,
,
AK.47