Cable Update (GBPUSD) | Page 34259 | 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)

  • #685,161
  • Sep 18, 2022 4:03pm Sep 18, 2022 4:03pm
Quoting ScalaFX
H4 {image}

its just 2 point needed not all those lows

https://learnpriceaction.com/divergence-cheat-sheet/

its very much like how liquidity and order block play

liquidity form the Divergence
order block is the confirmation

but like every other things it does fail
MY OPINION NOT FINANCIAL ADVISE
  • #685,162
  • Sep 18, 2022 5:18pm Sep 18, 2022 5:18pm
Quick question. Round numbers is it worth it? It does seem to have some merit, but is this me looking what i want to look when i see something new?
  • #685,163
  • Sep 18, 2022 5:31pm Sep 18, 2022 5:31pm
Quoting buffedmage
{quote} you guys made me like this..im nice person if you all nice with me !
If your nice, your nice, if your not, your not. Nobody on a forum can make you do anything, that is your choice. Just let it go and focus on your trading.
MY GRID. Markets are NOT random.
  • #685,164
  • Sep 18, 2022 5:41pm Sep 18, 2022 5:41pm
Quoting eyefeelsix
{quote} stop-out --- 1.4000 broken. liquidity's deep, re-enter long at the same level canceled, I make all zones red color for the bearish continuation now, more high is more better to me for short --- I take no action atm sorry, EW and PA forcing me to break my promise {image}
Great day everyone, I've been reading the weekend drama here, that were really fun, thanks to all btw

Back to Cable Update ( GBPUSD ) --- if the price continues rally to the north, Major Half Point 1.1500 is my level to watch

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 15 KB
https://breakpullback.com
  • #685,165
  • Sep 18, 2022 5:51pm Sep 18, 2022 5:51pm
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 21 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GBP.png Size: 26 KB
MY GRID. Markets are NOT random.
  • #685,166
  • Sep 18, 2022 7:44pm Sep 18, 2022 7:44pm
Quoting DrDave
{quote} But when a person opens his door to the public, why would he be surprised when the public steps in and reacts to whatever they find there?
True that, but going public doesn't invite embarrassment or shaming. I think that is not what everyone wants or anticipates. What do you think?
WARNING: This post warps space and time in its vicinity.
  • #685,167
  • Edited 8:12pm Sep 18, 2022 7:49pm | Edited 8:12pm
Waiting for a proper setup on tiny account to start minting money.

My alternative views on GU this week:

Bullish: Price breaks above 1.1447x we may land at 1.158xx.

Bearish: Price breaks below 1.14 Psychological level we may land at 1.122xx
WARNING: This post warps space and time in its vicinity.
  • #685,168
  • Sep 18, 2022 8:04pm Sep 18, 2022 8:04pm
Quoting WizardTrade
Waiting for a proper setup on tiny account to start minting money. My alternative views on GU this week: Price breaks above 1.1447x we may land at 1.158xx. Price breaks below 1.14 Psychological level we may land at 1.122xx
I went temporary short at 1.43, waiting to see how the market reacts and wait for bullish setups
Exhausted
  • #685,169
  • Sep 18, 2022 8:07pm Sep 18, 2022 8:07pm
Quoting Elysion
{quote} I went temporary short at 1.43, waiting to see how the market reacts and wait for bullish setups
Good luck mate. I am on the sidelines for now.
WARNING: This post warps space and time in its vicinity.
  • #685,170
  • Sep 18, 2022 8:29pm Sep 18, 2022 8:29pm
Quoting WizardTrade
{quote} Good luck mate. I am on the sidelines for now.
Closed the short.
Exhausted
  • #685,171
  • Sep 18, 2022 8:52pm Sep 18, 2022 8:52pm
GU

with Japan and UK Holiday it is waiting game to unmitigated OB.

Shorting set up if price rejected the SRF zone.


Attached Image (click to enlarge)
Click to Enlarge Name: gu 046.jpg Size: 101 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #685,172
  • Sep 18, 2022 9:05pm Sep 18, 2022 9:05pm
Seems like we're heading to 1.14
Exhausted
  • #685,173
  • Sep 18, 2022 9:11pm Sep 18, 2022 9:11pm
Shorted GU. Let's see what it does
WARNING: This post warps space and time in its vicinity.
  • #685,174
  • Sep 18, 2022 9:19pm Sep 18, 2022 9:19pm
The pair is already back retesting support around 1.14 to start this new week after briefly breaking below to its lowest level since 1985 on Friday.

While it did manage to hold above that pandemic-era support on a closing basis, it will be interesting to see how the FOMC Meeting, followed closely by the BOE this week, impacts direction. While the interest rate decision will cause volatility to spike, it could be the forward guidance provided by each central bank that determined whether we see a breakdown below 1.14, or if cable can bounce in the near-term.

All trading carries risk, but it will be worth keeping an eye on the two central bank meetings this week.
  • #685,175
  • Sep 18, 2022 9:23pm Sep 18, 2022 9:23pm
Quoting WizardTrade
Shorted GU. Let's see what it does
Damn, I hate myself.
Should've followed my initial plan that I had on weekends.
Seems to be following what I had in mind after my TA.
Exhausted
  • #685,176
  • Sep 18, 2022 9:25pm Sep 18, 2022 9:25pm
Quoting Elysion
{quote} Damn, I hate myself. Should've followed my initial plan that I had on weekends. Seems to be following what I had in mind after my TA.
Lol. Trading is all about patience and sniping the entries. It's never too late. Try again
WARNING: This post warps space and time in its vicinity.
  • #685,177
  • Sep 18, 2022 9:34pm Sep 18, 2022 9:34pm
Quoting Pat Chiko
GU with Japan and UK Holiday it is waiting game to unmitigated OB. Shorting set up if price rejected the SRF zone. {image}
GU

Scalp LONG
Attached Image (click to enlarge)
Click to Enlarge Name: gu 047.jpg Size: 101 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #685,178
  • Sep 18, 2022 9:41pm Sep 18, 2022 9:41pm
Quoting Pat Chiko
{quote} GU Scalp LONG {image}
Go Pat, lead them into the promise land
  • #685,179
  • Sep 18, 2022 9:45pm Sep 18, 2022 9:45pm
Hello traders!

I called in for my lunchtime, and I am tempted to Sell GU but my trade plan does not allow me to trade in closed market. I might be able to see a little of NY market later, but for now, I must sit on my hands.....or turn off this machine!
I am neither brave nor stupid...I am just a part time trader
  • #685,180
  • Sep 18, 2022 9:48pm Sep 18, 2022 9:48pm
Quoting Indiara
Hello traders! I called in for my lunchtime, and I am tempted to Sell GU but my trade plan does not allow me to trade in closed market. I might be able to see a little of NY market later, but for now, I must sit on my hands.....or turn off this machine!
This much of self-control, well I'll probably never be able to achieve that. You will definitely be a successful trader like others who are as patient as you are!
343 traders viewing now, 3 are registered:
fmtrad3r
,
nkosiyazinhl
,
unsolutionn