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Cable Update (GBPUSD)

  • #644,641
  • Dec 12, 2021 8:28am Dec 12, 2021 8:28am
Quoting Bakker
Doesn't work, I copied screenshot and paste but it then turns up as very small image in next box. I want to share this with you guys but will abandon it. Keep up your trading, wish you all a fantastic week.
On trading view on top right corner there is a camera icon. click that and copy chart image. Then paste it here
  • #644,642
  • Dec 12, 2021 8:34am Dec 12, 2021 8:34am
Quoting TrickorTrade
{quote} On trading view on top right corner there is a camera icon. click that and copy chart image. Then paste it here
Trading view???
  • #644,643
  • Dec 12, 2021 8:43am Dec 12, 2021 8:43am
What a lucky win for Verstappen / F1 / Abu Dhabi!!! 🏎
Last lap was a game changer.
Sorry to Hamilton and Mercedes.
  • #644,644
  • Dec 12, 2021 8:48am Dec 12, 2021 8:48am
Quoting Jolita
What a lucky win for Verstappen / F1 / Abu Dhabi!!! 🏎 Last lap was a game changer. Sorry to Hamilton and Mercedes.
I'm so damn delighted!!!
  • #644,645
  • Dec 12, 2021 8:53am Dec 12, 2021 8:53am
Quoting stevepatt
{quote} Hi Robinhood, I don't see how that helps you to Trade How do you Trade within those Swing Points? Knowing your Edge and how you will Trade within a Swing is far more important than being able to "Predict Price" "Predicting Price" moves is a "Fools Game" {image} {image}
Acts of kindness rarely go unpunished, stevepatt, remember that.
If you are good at something, never do it for free--Joker
  • #644,646
  • Dec 12, 2021 8:56am Dec 12, 2021 8:56am
Quoting jmn5611
{quote} Acts of kindness rarely go unpunished, stevepatt, remember that.
Ignore this ignorant joker.
  • #644,647
  • Dec 12, 2021 9:02am Dec 12, 2021 9:02am
Quoting Jolita
What a lucky win for Verstappen / F1 / Abu Dhabi!!! 🏎 Last lap was a game changer. Sorry to Hamilton and Mercedes.
I was there during yesterday. Cudnt make it today. I am team Mercedes
  • #644,648
  • Dec 12, 2021 9:06am Dec 12, 2021 9:06am
Quoting stevepatt
{quote} Hi Robinhood, I don't see how that helps you to Trade How do you Trade within those Swing Points? Knowing your Edge and how you will Trade within a Swing is far more important than being able to "Predict Price" "Predicting Price" moves is a "Fools Game" {image} {image}
Hi Steve,

Ignore this guy. He only spits poison in here.
  • #644,649
  • Dec 12, 2021 9:09am Dec 12, 2021 9:09am
Quoting TrickorTrade
{quote} I was there during yesterday. Cudnt make it today. I am team Mercedes
Lucky you!

Me too team Mercedes and sorry Hamilton to loose.
Seven years top, sometimes is good to give a winning chance to someone else.
  • #644,650
  • Dec 12, 2021 10:36am Dec 12, 2021 10:36am
Quoting Jolita
What a lucky win for Verstappen / F1 / Abu Dhabi!!! 🏎 Last lap was a game changer. Sorry to Hamilton and Mercedes.
FIA gifted the win to Verstappen. Honestly can't even be happy for the guy with how dirty his driving has been this second half of the season.
  • #644,651
  • Dec 12, 2021 10:57am Dec 12, 2021 10:57am
Evening all, BoE not looking to raise rates this Thursday it seems. Might be priced in already however expecting volatility anyway. Maybe a rise to over 13350 then drop below 131
Insane in the Brain..
  • #644,652
  • Dec 12, 2021 11:36am Dec 12, 2021 11:36am
Quoting Wavegarrick
{quote} Ok Folks, An imminent retest of my mid-round number at 1.32500. Could we close the week below 1.32500? This surely will be a good sign for bears. I must say however that something could, should change and that is a weekly close below 1.33000. That is a first for this year. My future weekly pivot (Magenta line) at 1.32694 ish which will serve as a line in the sand for me in the new week. Have a great weekend Cheers {image}
Hi Guys,
A weekly close above 1.32500 certainly opens the door for 1.33000. Whether we reject off here remains to be seen. Nevertheless, my future weekly pivot at 1.32402 should be tested and could be a line in the sand for bulls and bears. At this point, I stay with my bearish bias. A solid daily break above 1.33000 will make me rethink.
Have a great week
Cheers.
Trade to trade another day
  • #644,653
  • Dec 12, 2021 12:19pm Dec 12, 2021 12:19pm
Quoting DubaiFX
Hello Guys, i hope fellow traders are doing well, i came after long long time bac to forex as Full time trader, i hope my experience will guide new traders, i traded for 8 long years and posted my analysis here on Forex Factory you can check my old posts also, before i was trading for Medium to long term, now a days we cannot trust market for 300 pips move so i will be trading Short term from 30-80 pips Maximum. i will be posting images as well, but for Today i am Looking at GBPUSD and will wait for 1.3250 to break and will go long for 1.3310 target....
Well Pound Dropped a little but finally it broke the 1.3240-50 resistance as you can see in charts and also daily close is above the 1.3250
looking at daily and 4H chart if you ask me i am staying with buy on dips, i will Not Sell GBPUSD that is for Sure until something huge happens i am on Buy
best thing to do is wait for a drop and then buy and when i buy Pound i sometimes go with Cross pairs also like GBPJPY GBPCAD GBPAUD GBPNZD etc.
but to trade cross pairs i first look at 2nd currency and make my analysis for that as well and then i enter in cross pair trades.
i didnt want to bore you with details how i choose my pairs i will just be posting my final analysis of my trades.
sincerely hope it will help new traders as i learned from Forex Factory in 2007-2008 i hope new traders will learn from my experience.
because trading live for 8 years is not easy i did a lot of mistakes and learned from my mistakes and believe me it was not easy i repeated my mistakes many times as well, and finally i learned how to be Patient and Leverage well LEVERAGE IS POISON that is Fact.
Yes Leverage can make you more profit but never forget that it can go the other way and give you Big losses as well.

Before opening any position always remember that eg: if you are buying Pound with 90% surety that it will go up, some one some where Sold Pound with same confidence that it will go down, its just a matter of time before we know who was right and who was wrong.

i will post my daily profits very soon because i trade a lot of pairs and some of those pairs most people don't even understand like GBPCAD, EURAUD, EURNZD etc Minor pairs i mean because they move fast most traders are afraid to trade but if you understand these pairs trust me you can get your 40 pips target with in 15 minutes in major pairs we have to wait for hour or 2 most of the time.
anyways i am posting 1H 4H and daily Chart please have a good look and trade on your own risk i trade them but i some times close the trade lets say my target is 60 pips but in small chart if i see a drop coming i close my trade at +20 pips and wait for 10 pips drop and Enter again that way from 1 pair analysis i make 100 or more pips from 3 Trade instead of one because market is always moving up and down so why not take advantage from 5M Chart and make double Pips other then waiting for hours watching for it to hit my 60 pips target, just my opinion.
Have a Nice Day guys,
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 42 KB
Click to Enlarge Name: GBPUSDH4.png Size: 27 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 26 KB
Click to Enlarge Name: GBPUSDDaily2.png Size: 31 KB
Don't compare your Trades with Others
  • #644,654
  • Dec 12, 2021 12:26pm Dec 12, 2021 12:26pm
Hi everyone, hope you had a good weekend. I didn't, i don't like weekends

So as you know, US CPI numbers came out last Friday. Looking at the macroeconomics of both the Pound and the USD, USD still has the upper hand. As you guys know, i am a top down fundamental analyst and a position trader. I generally hold my trades for weeks. So the things that i say might not be useful for scalpers and daytraders. Keep in mind.

And by the way, we have FOMC coming up this Wednesday. I expect a hawkish FED. Of course that's just a guess, i will be all ears for the result of the meeting like everyone else.

I think GU should fall until FOMC though, if it doesn't, i will keep them open during FOMC too.

Opened a little short position on GU from Friday's pullback:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20211212-210717_MetaTrader 4.jpg Size: 318 KB
You have to have an IQ higher than 90 to interact with this user.
  • #644,655
  • Dec 12, 2021 1:03pm Dec 12, 2021 1:03pm
Quoting Nordling00
Hi everyone, hope you had a good weekend. I didn't, i don't like weekends So as you know, US CPI numbers came out last Friday. Looking at the macroeconomics of both the Pound and the USD, USD still has the upper hand. As you guys know, i am a top down fundamental analyst and a position trader. I generally hold my trades for weeks. So the things that i say might not be useful for scalpers and daytraders. Keep in mind. And by the way, we have FOMC coming up this Wednesday. I expect a hawkish FED. Of course that's just a guess, i will be all...
what was wrong with your weekend? why bad?
  • #644,656
  • Dec 12, 2021 1:16pm Dec 12, 2021 1:16pm
Quoting genadi
{quote} what was wrong with your weekend? why bad?
Ahaha nothing is wrong man i just don't like it when Forex market is closed. I wish it was open 24/7
You have to have an IQ higher than 90 to interact with this user.
  • #644,657
  • Dec 12, 2021 2:06pm Dec 12, 2021 2:06pm
Quoting Nordling00
{quote} Ahaha nothing is wrong man i just don't like it when Forex market is closed. I wish it was open 24/7
I know, too quiet.
Crypto markets are open 24/7.

I managed to put my tree up today.

Happy Holidays!!!
Attached Image (click to enlarge)
Click to Enlarge Name: DSC_0077~2.JPG Size: 1.7 MB
  • #644,658
  • Dec 12, 2021 2:10pm Dec 12, 2021 2:10pm
Quoting genadi
{quote} what was wrong with your weekend? why bad?
Genadi, I sent you dm.
Please check out.
  • #644,659
  • Dec 12, 2021 2:20pm Dec 12, 2021 2:20pm
Quoting Jolita
{quote} Genadi, I sent you dm. Please check out.
  • #644,660
  • Dec 12, 2021 2:22pm Dec 12, 2021 2:22pm
Quoting genadi
{quote}
I guess no one left us. maybe some traders will not be on this particular thread.

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