Cable Update (GBPUSD) | Page 35095 | 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)

  • #701,881
  • Oct 30, 2022 5:32am Oct 30, 2022 5:32am
Go find entry on the lower time frame (5 mins) ... The bulls are on track... This week is bullish..
Find entry every day of the week on the lower time frame and only risk 13 pips SL on each trade and target 50 to 70 pips...

As we all know nothing is promised in the market, If you know this then you'll understand why i can't risk more than 13 pips on a single trade even if my objective is 80 to 200 pips most of the time.

The daily candle has already closed above the DLQB zone this level should hold for buy if the market does not GAP DOWN on the opening of price today..

NB: Treat every trade as one that's likely to be a loss so you can grow emotionally and don't risk too much because the Algorithm can change at any time.

Good Luck..
@BigNumbers
Attached Image (click to enlarge)
Click to Enlarge Name: bulls.png Size: 15 KB
My telegram: https://t.me/avidforex
  • #701,882
  • Oct 30, 2022 5:34am Oct 30, 2022 5:34am
Quoting Waveskierrob
{quote} Great statement, however, statements need to be back up and justified to be of any worth, are all your trades 100% right if so, well done, can you post at least 10 live trades to back this claim up, many on this thread will be very interested to see, if not how do you know the trades that are right and aren't just a coincidence that line up with your indicators, many thanks ...
I am not saying If i know how to use an indicator I will be 100 % right. But definitely I will come up with my live account soon. And I will share my live trading link to you... Maybe I will go live on MQL5..
!! Radha Radha !!
  • #701,883
  • Oct 30, 2022 5:39am Oct 30, 2022 5:39am
Quoting TheWolf
{quote} I think I already said that I think the news are just a way of manipulating price to get the price where it already wants to go. All those out of the clear sky news come just in time to move the price to it's original destination. How many times have we witnessed bad news turning out to be good, right? News don't matter, price does.
yes bro you are right, you know how big players manipulate things. No disrespect to anyone, everyone know how many people make money in forex market.
!! Radha Radha !!
  • #701,884
  • Oct 30, 2022 5:42am Oct 30, 2022 5:42am
15M and 30M already confirmed Buy. Now waiting for H1 to confirm also, meaning stronger Buy. Daily is indicating buy already for about 10 days maybe less. Somehow H4 indicates Short, but it's known to screw sometimes, besides other TF are pointing Long. Considering Weekly price closed just below R on Weekly chart below Yellow line (R). Now, we'll see how this will play out. First Weekly candle to close above Gray R line since the war.

I am not messing with other pairs anymore, no time. I'll leave USD/JPY aside or just completely ignore it from this point on. I created GBP/USD Journal specifically few days ago. I can't focus on both pairs, it's not working for me.. If I was only trading in life sure, I would cover even more pairs than these two just don't have the time. See you tommorow or tonight perhaps already..
  • #701,885
  • Oct 30, 2022 5:43am Oct 30, 2022 5:43am
h1
1.1619 decision level
in wondering about yourself, you forgot what you came here to be part of
  • #701,886
  • Oct 30, 2022 5:43am Oct 30, 2022 5:43am
Quoting TheWolf
15M and 30M already confirmed Buy. Now waiting for H1 to confirm also, meaning stronger Buy. Daily is indicating buy already for about 10 days maybe less. Somehow H4 indicates Short, but it's known to screw sometimes, besides other TF are pointing Long. Considering Weekly price closed just below R on Weekly chart below Yellow line (R). Now, we'll see how this will play out. First Weekly candle to close above Gray R line since the war.
totally n sync with you on this
in wondering about yourself, you forgot what you came here to be part of
  • #701,887
  • Oct 30, 2022 5:51am Oct 30, 2022 5:51am
Quoting suhas316
{quote} I am not saying If i know how to use an indicator I will be 100 % right. But definitely I will come up with my live account soon. And I will share my live trading link to you... Maybe I will go live on MQL5..
Thanks for your answer, so the second part of my question how do you know that an indicator is working and not just coincidental...cheers
  • #701,888
  • Oct 30, 2022 5:58am Oct 30, 2022 5:58am
Inserted Video
POSTMASTER
  • #701,889
  • Oct 30, 2022 6:48am Oct 30, 2022 6:48am
Well, it seems I was wrong about one thing, Hourly actually confirmed Long just one Hourly candle ago..
This are all important TF's..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD 15M.png Size: 23 KB
Click to Enlarge Name: GBPUSD 30M.png Size: 20 KB
Click to Enlarge Name: GBPUSD H1.png Size: 20 KB
Click to Enlarge Name: GBPUSD H4.png Size: 22 KB
Click to Enlarge Name: GBPUSD Daily.png Size: 19 KB
Click to Enlarge Name: GBPUSD Weekly.png Size: 22 KB
Click to Enlarge Name: GBPUSD Monthly.png Size: 20 KB
Click to Enlarge Name: Forex Factory Home.png Size: 46 KB
  • #701,890
  • Oct 30, 2022 7:13am Oct 30, 2022 7:13am
My view in Gu bearing in mind calendar data....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU.png Size: 19 KB
Click to Enlarge Name: GU1.png Size: 18 KB
  • #701,891
  • Oct 30, 2022 7:28am Oct 30, 2022 7:28am
Quoting TheWolf
Well, it seems I was wrong about one thing, Hourly actually confirmed Long just one Hourly candle ago.. This are all important TF's.. {image} {image} {image} {image} {image} {image} {image} {image}
Isn't everything below 30 minutes getting reset essentially by the end of the day Friday and start of the day Sunday?
  • #701,892
  • Oct 30, 2022 7:41am Oct 30, 2022 7:41am
Quoting TheWolf
Well, it seems I was wrong about one thing, Hourly actually confirmed Long just one Hourly candle ago.. This are all important TF's.. {image} {image} {image} {image} {image} {image} {image} {image}
daily 100 sma can give a tough resistance
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 19 KB
  • #701,893
  • Edited 2:21pm Oct 30, 2022 7:52am | Edited 2:21pm
Looking at the weekly chart it seems to me that there is more than enough momentum for price to reach 1.2
The speed of the rise infers that many traders and possibly some investors (or just gamblers who think they are investors!) are afraid of missing out and are jumping in even now taking higher prices. The move up seems to be accelerating rather than slowing down. 1.2 is the next serious resistance area so I think we should get there before big investors step in to squash price down or even bid it up further if they are also worried about missing out, although I think price will come back down as traders who got in early protect open profits, those who entered late protect their capital, and I just do not see the fundamental case for GBP strength yet - but maybe there is one
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 38 KB
  • #701,894
  • Oct 30, 2022 7:57am Oct 30, 2022 7:57am
Quoting Bainbrito
Looking at the weekly chart it seems to me that there is more than enough momentum for price to reach 1.12 The speed of the rise infers that many traders and possibly some investors (or just gamblers who think they are investors!) are afraid of missing out and are jumping in even now taking higher prices. The move up seems to be accelerating rather than slowing down. 1.12 is the next serious resistance area so I think we should get there before big investors step in to squash price down or even bid it up further if they are also worried about missing...
...to save any confusion do you mean 1.2
  • #701,895
  • Oct 30, 2022 8:01am Oct 30, 2022 8:01am
Quoting Waveskierrob
{quote} ...to save any confusion do you mean 1.2
oh, yes i do
  • #701,896
  • Oct 30, 2022 8:13am Oct 30, 2022 8:13am
Quoting Waveskierrob
{quote} ...to save any confusion do you mean 1.2
that can be thought of
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 23 KB
  • #701,897
  • Oct 30, 2022 8:22am Oct 30, 2022 8:22am
Quoting dantpm
{quote} Isn't everything below 30 minutes getting reset essentially by the end of the day Friday and start of the day Sunday?
Now that the system confirmed buy, it's best if Sunday open opens as close as to the gray line as possible enabling us even better long entry. If not Sunday open I hope at least that Asian session will pull the price down a little bit..
  • #701,898
  • Oct 30, 2022 8:31am Oct 30, 2022 8:31am
till London open i will not even touch my pc
  • #701,899
  • Oct 30, 2022 8:36am Oct 30, 2022 8:36am
Quoting PatienceFx
till London open i will not even touch my pc
i better to wake up at 12 noon , anyhow , we are 5;30 hours ahead of london time ...let markets do its thing till london open
Blank and Empty
  • #701,900
  • Oct 30, 2022 8:44am Oct 30, 2022 8:44am
Quoting buffedmage
{quote} i better to wake up at 12 noon , anyhow , we are 5;30 hours ahead of london time ...let markets do its thing till london open
because there is no buying opportunity
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 20 KB
135 traders viewing now