Cable Update (GBPUSD) | Page 33642 | 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)

  • #672,821
  • Aug 2, 2022 5:17am Aug 2, 2022 5:17am
Quoting Theoak
{quote} I'm Bullish on the larger timeframe and trying to buy. The smaller timeframe is defo bearish, so I've got to take care, but the push yesterday. I'd like to see some effort of retrace to those levels. That resistance level is keeping me safely out the market!
What types of lot size to use on short t/frame compared to long t/frame?
  • #672,822
  • Aug 2, 2022 5:42am Aug 2, 2022 5:42am
Quoting navk
I like Round numbers. So, closing my long trades. Feeling sleepy. will be back for NY session. {image}
keep it up bro..

you should just go for the 300k

i am thinking of that i am doing my payout this week
MY OPINION NOT FINANCIAL ADVISE
  • #672,823
  • Aug 2, 2022 5:45am Aug 2, 2022 5:45am
Quoting Chris_35
{quote} What types of lot size to use on short t/frame compared to long t/frame?
Risk 1% of account on each trade regardless of type of trade. I only use the timeframes for multi timeframe analysis.
Don't trade what you think. Just what you see!!!
  • #672,824
  • Aug 2, 2022 5:54am Aug 2, 2022 5:54am
Gbpusd short tp 1.21200 then long at tp
  • #672,825
  • Aug 2, 2022 6:02am Aug 2, 2022 6:02am
Quoting Nordling
{quote} I can write many reasons about why this pair should fall, but i am too tired to explain myself so we will just wait and see. My actions will be better than my words. I will give you a hint though: BOE this Thursday
There was a white swan created on H4, did that perhaps serve as motivation?
Risk Management is of utmost importance!
  • #672,826
  • Aug 2, 2022 6:09am Aug 2, 2022 6:09am
Quoting donfriday
{quote} keep it up bro.. you should just go for the 300k i am thinking of that i am doing my payout this week
Congrats for payout.

MFF, Right ?
Intraday only.
  • #672,827
  • Aug 2, 2022 6:11am Aug 2, 2022 6:11am
H4 MACD has turned bearish in my chart.

2150 must be target.
Intraday only.
  • #672,828
  • Aug 2, 2022 6:14am Aug 2, 2022 6:14am
Gbpjpy long tp 161.300
  • #672,829
  • Aug 2, 2022 6:16am Aug 2, 2022 6:16am
Gold Tp 1790
  • #672,830
  • Aug 2, 2022 6:18am Aug 2, 2022 6:18am
Quoting RCtrader
{quote} There was a white swan created on H4, did that perhaps serve as motivation?
I am not into technicals much except supply-demand, RSI and ATR tbh. Btw i trade based on D1 mainly. Position/swing trading.There are 4 reasons that motivated me to sell this:

1. BOE this Thursday. 50 bps hike is already priced in. Only a 75 bps hike can lift GU higher from here. But it seems very unlikely so i bet on a bearish Thursday.

2. FED is getting aggressive, minus GDP growth for second consecutive months. This can easily turn into recession. Dollar bullish.

3. Price is at a d1 supply level.

4. D1 RSI is really high for a bearish trend.
You have to have an IQ higher than 90 to interact with this user.
  • #672,831
  • Aug 2, 2022 6:21am Aug 2, 2022 6:21am
Quoting navk
{quote} Congrats for payout. MFF, Right ?

yeah i dont know if i should also try other firm for safety perpose..

what you think?
MY OPINION NOT FINANCIAL ADVISE
  • #672,832
  • Aug 2, 2022 6:23am Aug 2, 2022 6:23am
Quoting donfriday
{quote} yeah i dont know if i should also try other firm for safety perpose.. what you think?
MFF are good paymasters.

Max out with them.

600k.

Try TFF ( Trueforexfunds ) also.

Then oncourse FTMO.
Intraday only.
  • #672,833
  • Aug 2, 2022 6:23am Aug 2, 2022 6:23am
Quoting Nordling
{quote} I am not into technicals much except supply-demand, RSI and ATR tbh. Btw i trade based on D1 mainly. Position/swing trading.There are 4 reasons that motivated me to sell this: 1. BOE this Thursday. 50 bps hike is already priced in. Only a 75 bps hike can lift GU higher from here. But it seems very unlikely so i bet on a bearish Thursday. 2. FED is getting aggressive, minus GDP growth for second consecutive months. This can easily turn into recession. Dollar bullish. 3. Price is at a d1 supply level. 4. D1 RSI is really high for a bearish...
i supple also a global recession is being talked about too which again is strong usd
Insane in the Brain..
  • #672,834
  • Aug 2, 2022 6:25am Aug 2, 2022 6:25am
Range has been established.
Short at above 1.2280
Long at under 1.2185

There may be an opportunity to go long here, but how far it will get today is debatable.
Not trading until I get another nice set up and the market figures out which way it wants to break.
  • #672,835
  • Aug 2, 2022 6:41am Aug 2, 2022 6:41am
It still looks bullish, unless it decisively breaks 1.22 on the daily chart
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2022-08-02_07-40-54.png Size: 36 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #672,836
  • Aug 2, 2022 6:45am Aug 2, 2022 6:45am
Quoting navk
{quote} MFF are good paymasters. Max out with them. 600k. Try TFF ( Trueforexfunds ) also. Then oncourse FTMO.
@navk, thanks for the info. I will start with MFF.
  • #672,837
  • Aug 2, 2022 6:46am Aug 2, 2022 6:46am
British Pound (GBP) Forecast: GBP Slips on UK Housing Prices & Global Risk Aversion: https://www.dailyfx.com/forex/market...V.html/webview
Insane in the Brain..
  • #672,838
  • Aug 2, 2022 6:49am Aug 2, 2022 6:49am
Quoting eyefeelsix
{quote} price in the zone, long atm --- re-entry @the same level if SL broken {image}
two candles standing right on the horizontal line lol --- BE zero risk atm
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 27 KB
https://breakpullback.com
  • #672,839
  • Aug 2, 2022 6:53am Aug 2, 2022 6:53am
Quoting anandy1
{quote} @navk, thanks for the info. I will start with MFF.
if you are new to prop firm trading, I would advise you to do demo with FTMO, to get used to bigger capital trading, bigger lot size trading, then risk management.
Intraday only.
  • #672,840
  • Aug 2, 2022 6:54am Aug 2, 2022 6:54am
Makes sense. Currently i am trading with my own funds.
223 traders viewing now, 2 are registered:
Meer-Shayhak
,
Dannie66