Cable Update (GBPUSD) | Page 35104 | 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)

  • #702,061
  • Oct 31, 2022 5:49am Oct 31, 2022 5:49am
Quoting Indiara
{quote} What did I miss?
t 10-=47
Hi.
Cable chart just copied.
we had S1 broken and price dropped.
S2 was broken then price retraced before dropping again.
How many traders would of been screwed by this, ei
Attached Image (click to enlarge)
Click to Enlarge Name: gu 31 A.png Size: 8 KB
ther with use of a stop or even down to taking profit.
Just saying.lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #702,062
  • Oct 31, 2022 5:52am Oct 31, 2022 5:52am
Quoting billytt
{quote} t 10-=47 Hi. Cable chart just copied. we had S1 broken and price dropped. S2 was broken then price retraced before dropping again. How many traders would of been screwed by this, ei{image}ther with use of a stop or even down to taking profit. Just saying.lol
I see what you are saying, but I have S1 at 1.15357 and S2 at 1.14594
I am neither brave nor stupid...I am just a part time trader
  • #702,063
  • Oct 31, 2022 5:54am Oct 31, 2022 5:54am
First move respected .. waiting for the correction ....
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2022-10-31_11-53-06.png Size: 25 KB
REDA_EL_HARAOUI
ELITE MOROCCO SNIPER All Time Return: 27.5%
  • #702,064
  • Oct 31, 2022 5:54am Oct 31, 2022 5:54am
1.15500 another potential price to Short from. Let's see..

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD H1.png Size: 19 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 15M.png Size: 23 KB
  • #702,065
  • Oct 31, 2022 5:57am Oct 31, 2022 5:57am
..some demand at the prev 30min sw lo zone / a 76.4% fib. Below this zone a prev 1hr/4hr sw lo zone thru which 2 fibs and the wkly pivot run.

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
Trader with an Edge.
  • #702,066
  • Oct 31, 2022 5:57am Oct 31, 2022 5:57am
Quoting Indiara
{quote} I see what you are saying, but I have S1 at 1.15357 and S2 at 1.14594
ohhhhhhhhhhhhhhhhh i seeeeeeeeee. no problem ....
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #702,067
  • Oct 31, 2022 5:58am Oct 31, 2022 5:58am
US 02Y, 10Y &20Y showed rejection at a Resistance.
We might see UJ Retracing some decent Pips since it has also reached a resistance after a move of ~90pips
More time in the market, does not mean you trade better!
  • #702,068
  • Oct 31, 2022 6:03am Oct 31, 2022 6:03am
Quoting Fardeen1209
US 02Y, 10Y &20Y showed rejection at a Resistance. We might see UJ Retracing some decent Pips since it has also reached a resistance after a move of ~90pips
With FED coming this week and rate hike, rates will be a big part of the riskon/off play
COT: The precious data ignored
  • #702,069
  • Oct 31, 2022 6:04am Oct 31, 2022 6:04am
... if there wasn't supp/res, price action and osc div in trading, we'd have to invent it!
------------------------------------------
1hr currently still rangy.
Trader with an Edge.
  • #702,070
  • Oct 31, 2022 6:04am Oct 31, 2022 6:04am
GU gapped filled ?

On one of my broker, gap still not filled, on all other yes....
COT: The precious data ignored
  • #702,071
  • Oct 31, 2022 6:05am Oct 31, 2022 6:05am
Quoting TheWolf
1.15500 another potential price to Short from. Let's see.. {image} {image}
Beware of month end flows, price may easily attack 1.1680 and retrace to 1.1645 for today's close. I may be wrong but I will stay patient to sell higher at 1.1680 or buy Lower at 1.1505....
Data + Stat + Risk/Emotions Management
  • #702,072
  • Oct 31, 2022 6:08am Oct 31, 2022 6:08am
Guess how much retracement London gave if this is retracement.. yes you are right, 30 pips!
Still holdin' position..

1.15500 still good if this 15M candle closes below this price in my opinion. I'll try it once the candle confirms, anything above not recommended.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 15M.png Size: 19 KB
  • #702,073
  • Oct 31, 2022 6:12am Oct 31, 2022 6:12am
...2nd attempt @ this prev 1hr sw lo zone now - now a prev 30min sw hi zone in there after 1st attempt was rejected and sellers emerged.

How strong are the bulls?

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
Trader with an Edge.
  • #702,074
  • Oct 31, 2022 6:12am Oct 31, 2022 6:12am
Quoting Georginson
{quote} Beware of month end flows, price may easily attack 1.1680 and retrace to 1.1645 for today's close. I may be wrong but I will stay patient to sell higher at 1.1680 or buy Lower at 1.1505....
Noted! Thanks!
  • #702,075
  • Oct 31, 2022 6:13am Oct 31, 2022 6:13am
Quoting Georginson
{quote} Beware of month end flows, price may easily attack 1.1680 and retrace to 1.1645 for today's close. I may be wrong but I will stay patient to sell higher at 1.1680 or buy Lower at 1.1505....
My targets are 11586/90 & 11615/22 for now

Let's see if GU can be bid
COT: The precious data ignored
  • #702,076
  • Oct 31, 2022 6:16am Oct 31, 2022 6:16am
Quoting DrDave
{quote} I will be looking closely at the 8m to see if it can continue further down, lending credence to 32m swinging down. However, the effort by the 8m is weak, so if the buyers come in strongly and close convincingly above 1.1625, there is another reset and the up swings must begin their upward progression from the 1m once again.
Looks like not only was the 8m able to continue down and bring down the 32m, but the down swings have progressed all the way up to the 8H TF. Now looking for rallies to sell.

No guessing needed about making a buy or sell because I simply wait for price to move, and then follow the leader.
To free Gazans of Hamas, use whatever it takes.
  • #702,077
  • Oct 31, 2022 6:17am Oct 31, 2022 6:17am
Closed Short! Candle closed above 1.15500..

Went Long..

EUR/USD 15M confirmed Long
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 15M.png Size: 21 KB
  • #702,078
  • Oct 31, 2022 6:19am Oct 31, 2022 6:19am
Quoting Yngwie
Let try small risk. Long 1.1543 SL 1.1515
what the heck is that. closed 10+
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #702,079
  • Oct 31, 2022 6:20am Oct 31, 2022 6:20am
Quoting Indiara
{quote} I see what you are saying, but I have S1 at 1.15357 and S2 at 1.14594
I used floor traders' pivots a long time ago, but gave them up as unnecessary. I just look left for where price either made obvious consolidation or an aggressive. reversal.
To free Gazans of Hamas, use whatever it takes.
  • #702,080
  • Oct 31, 2022 6:23am Oct 31, 2022 6:23am
Good offers up there (yellow rectangle)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_23.png Size: 28 KB
COT: The precious data ignored
672 traders viewing now