Cable Update (GBPUSD) | Page 33704 | 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)

  • #674,061
  • Aug 8, 2022 10:10am Aug 8, 2022 10:10am
Quoting stjoeforex
{quote} How much volume or lots do you use????
Maximum 10 lots.
Intraday only.
  • #674,062
  • Aug 8, 2022 10:12am Aug 8, 2022 10:12am
And in a day if I made a profit of let us say 4k before London open, the lot size will increase in London trading.
I will have extra cushion to manage risk
Intraday only.
  • #674,063
  • Aug 8, 2022 10:14am Aug 8, 2022 10:14am
Quoting fontu
no doubt play go astray to crazy side , may be readying for more crazy actions nxt , anyway waiting 2115/05 breaks for signal 2092 to next leg down may start today ! better try 2147 and 69 too . lets see {image}
nest 2105 and 2092 breakout to break and hold ! next 1st confirmation at 2070
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #674,064
  • Aug 8, 2022 10:16am Aug 8, 2022 10:16am
Quoting Mnsgroup
{quote} updated : closed all longs and waiting momentum for shorts. {image}
updated : opened 2 shorts. maybe closed at 1.2085.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 18 KB
  • #674,065
  • Aug 8, 2022 10:17am Aug 8, 2022 10:17am
Quoting Reverso
{quote} Update on ongoing trade, the level 1.21208 is the daily upper important level, price has been rejected 1 time off it before my entry, and 2 times after my entry. Candle need to close above that level to add more confidence to the progression of the ongoing trade, it's like getting over the critical period inside the Intensive care unit hospital room. As of now, price convincingly broke and closed above that level, only 50% distance remaining to my TP. Finger crossed it will reach TP sooner or later. {image}
I can see the uptrend is losing steam, i exited prematurely with a small profit.

The main reason i exited is due to the optimal entry point, which i was supposed to enter, was 1.20930, and if i were to enter there, 1.5x of SL i would have already hit my TP for today. By entering late means my SL and TP will be wider, sometimes will cause me to not reach TP if the momentum not strong enough.

A mistake that sometimes I can't avoid, i have a regular job, i was eyeing that optimal entry point but i was in a meeting and missed it. Oh well there will be another day for another trade, good night!
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 63.0%
  • #674,066
  • Aug 8, 2022 10:17am Aug 8, 2022 10:17am
Quoting navk
{quote} Maximum 10 lots.
did you aquire a funded account?
be a thinker before being a reacter
  • #674,067
  • Aug 8, 2022 10:21am Aug 8, 2022 10:21am
Quoting navk
{quote} Maximum 10 lots.
I guess you trade with a large account..?..!... Or you have alot of leverage...
My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #674,068
  • Aug 8, 2022 10:26am Aug 8, 2022 10:26am
If you are not shorting this here you are wrong. Bank on short at 2133 which is around 78.6% of the dump candle of Friday. Between tomorrow and Wednesday, the Asia low of today around 204x will be taken out with force!
  • #674,069
  • Aug 8, 2022 10:31am Aug 8, 2022 10:31am
S and R
I expect a nice fall
Attached Image (click to enlarge)
Click to Enlarge Name: dd.jpg Size: 309 KB
Trendlines H1,H4, SMC
  • #674,070
  • Aug 8, 2022 10:43am Aug 8, 2022 10:43am
Hopefully a very strong retrace down.
C'mon baby, come to daddy, I've been waiting for you.
  • #674,071
  • Aug 8, 2022 10:48am Aug 8, 2022 10:48am
This almost look like a crash
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2022-08-08-22-47-31-20_a068875e8d70110f8d1ec48729c67374.png Size: 87 KB
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #674,072
  • Aug 8, 2022 10:57am Aug 8, 2022 10:57am
...back @ desk updating charts/seeing what I missed.

Current dly hi @ a 4hr part of the prev 1hr/minor sw lo zone = prev supp = pot sbr / 61.8% 2215-2003. Clearly sellers were waiting there. 50% of today's move up just under current p/back lo @ bottom of that prev 30min sw lo zone = prev supp = pot supp. (pink zone,) @ the 1hr asc t/line.

69% only of 30day adr traveled so far today, lo-hi.

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
Trader with an Edge.
  • #674,073
  • Aug 8, 2022 10:59am Aug 8, 2022 10:59am
price action baby!!
be a thinker before being a reacter
  • #674,074
  • Edited 11:19am Aug 8, 2022 11:05am | Edited 11:19am
OK
1H line did not help buyers
Attached Image (click to enlarge)
Click to Enlarge Name: 1h.jpg Size: 334 KB
Trendlines H1,H4, SMC
  • #674,075
  • Aug 8, 2022 11:16am Aug 8, 2022 11:16am
EURO look

we go down to S and from S to back R
Attached Image (click to enlarge)
Click to Enlarge Name: dd.jpg Size: 318 KB
Trendlines H1,H4, SMC
  • #674,076
  • Aug 8, 2022 11:19am Aug 8, 2022 11:19am
What the hell was that spike just then ???????
  • #674,077
  • Aug 8, 2022 11:23am Aug 8, 2022 11:23am
Quoting Mnsgroup
{quote} updated : opened 2 shorts. maybe closed at 1.2085. {image}
updated : prices goes to 1.2085 and closed all shorts. I try to long again, maybe will be closed at 1.2120.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 18 KB
  • #674,078
  • Aug 8, 2022 11:25am Aug 8, 2022 11:25am
successfully broken 2092 level , next care 2071 , actually 2060 to deal with . take care
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 12 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #674,079
  • Aug 8, 2022 11:26am Aug 8, 2022 11:26am
Quoting eyefeelsix
{quote} for short, I'm waiting 1.2175 price to take liquidity, my future target is 1.2100, if it doesn't happen may he will fall without me, nevermind.. {image} since price return back to 1.2100 scalp is absolute to me https://www.forexfactory.com/thread/...3#post14091513
if he doesn't go north then I will catch on the south, currently buy -9p risk I take
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 25 KB
https://breakpullback.com
  • #674,080
  • Aug 8, 2022 11:26am Aug 8, 2022 11:26am
Quoting Moty
Instead of looking all day like a fool and waiting for him to reach a very high target, it is better to go for a short and realistic target, each bounce from the 200 ema band gave about 25 pips and that is my target right now {image}
Unbelievable, I fell asleep and he gave a move down
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 18 KB
Click to Enlarge Name: gu.png Size: 14 KB
yes yes yes
407 traders viewing now, 1 is registered:
Jewel1996