Cable Update (GBPUSD) | Page 35377 | 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)

  • #707,521
  • Nov 16, 2022 1:17am Nov 16, 2022 1:17am
Quoting JayBag
{quote} I am not trading GU today but I think you could correct about 1.20 area again. If that level rejects again, hmm I think Bears may have a field day and smash lows around 1.114991 I don't expect 1.11 in a day tho
for some reason it’s dropping hard. Don’t understand it. US inflation goes up so does the dollar… would have thought same principle here. Whilst I understand about deeper recession it was going to be anyway . Looks like my shorts will see parity from yesterday lol
Insane in the Brain..
  • #707,522
  • Nov 16, 2022 1:18am Nov 16, 2022 1:18am
Quoting Zeiferz
{quote} seems like it’s breaking the resistance since this buyout few hours ago. Setting up to break?
Oh, I am selling 145.19719 area for 142.5708
145.19719 looks like a rock to be reckoned with

It's a Tripple A rating setup (a phrase coined by PAT)

Anyway, let's see
  • #707,523
  • Nov 16, 2022 1:18am Nov 16, 2022 1:18am
Quoting Yngwie
Long 1.1832 SL 1.1790
Luckily I lock profit for 50 pips . Strange GBP CPI news is good.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #707,524
  • Nov 16, 2022 1:20am Nov 16, 2022 1:20am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 21 KB
yes yes yes
  • #707,525
  • Nov 16, 2022 1:21am Nov 16, 2022 1:21am
Quoting BeeTogether
{quote} for some reason it’s dropping hard. Don’t understand it. US inflation goes up so does the dollar… would have thought same principle here. Whilst I understand about deeper recession it was going to be anyway . Looks like my shorts will see parity from yesterday lol
It was one of those typical technical 'don't ask why' just follow price, wasn't it? Ie like you say not the reaction to be expected on the data, at least so far lol!
Trader with an Edge.
  • #707,526
  • Nov 16, 2022 1:22am Nov 16, 2022 1:22am
Quoting fxpider
{quote} To bring it down, they need to push it up first.
I called that spike up a stop loss hunter..
  • #707,527
  • Nov 16, 2022 1:23am Nov 16, 2022 1:23am
Quoting pgidia
{quote} Want to learn this stupidest and simple strategy
thanks
Attached Image (click to enlarge)
Click to Enlarge Name: mt4.png Size: 37 KB
  • #707,528
  • Nov 16, 2022 1:23am Nov 16, 2022 1:23am
Quoting BeeTogether
{quote} for some reason it’s dropping hard. Don’t understand it. US inflation goes up so does the dollar… would have thought same principle here. Whilst I understand about deeper recession it was going to be anyway . Looks like my shorts will see parity from yesterday lol
Bro, this is why I don't touch news and stuff.. I just focus on TA.
I have tried using both at the same time but amount to NADA.

Numbers would be out and you'd expect a certain direction but it's usually the opposite and then you ask yourself 'BUT WHY?'

Yes bro, you could ride to Parity if 1.20 remains the RES
  • #707,529
  • Nov 16, 2022 1:23am Nov 16, 2022 1:23am
1.1820 last support for bulls
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #707,530
  • Nov 16, 2022 1:23am Nov 16, 2022 1:23am
not strong enough to brake a range... but will see..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2022-11-16-15-21-03-96_a068875e8d70110f8d1ec48729c67374.jpg Size: 385 KB
  • #707,531
  • Edited 1:38am Nov 16, 2022 1:24am | Edited 1:38am
yesterday
London low 1.1808
London high 1.20285

currrent price 1.185

if I watching only these prices, and the 30m higher lows..
i think it better buy with stop below 1.1808
  • #707,532
  • Nov 16, 2022 1:24am Nov 16, 2022 1:24am
Quoting Moty
{image}
You are against CPI news?
  • #707,533
  • Nov 16, 2022 1:25am Nov 16, 2022 1:25am
Quoting Yngwie
1.1820 last support for bulls
Long again 1.1840 SL 1.1790
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #707,534
  • Nov 16, 2022 1:25am Nov 16, 2022 1:25am
Quoting Headland
G/M , Reaction to Uk inflation data just happening. Challenging a prev 1hr/minor 4hr sw lo zone extending down to current dly lo. 1hr below {image}
So that support holds (for now!)
----------------------------------------
1hr rangy, 4hr in uptrend at the moment.
Trader with an Edge.
  • #707,535
  • Nov 16, 2022 1:27am Nov 16, 2022 1:27am
Quoting BeeTogether
{quote} for some reason it’s dropping hard. Don’t understand it. US inflation goes up so does the dollar… would have thought same principle here. Whilst I understand about deeper recession it was going to be anyway . Looks like my shorts will see parity from yesterday lol
Man you are talking about Priciples ? Since Long long times ago, market does respect the princoples and respects its levels, the Big Fingures ( Banks) got involved and they manipulate and drive the market Wsy they Want.
Trade Safe.
  • #707,536
  • Nov 16, 2022 1:27am Nov 16, 2022 1:27am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 13 KB
yes yes yes
  • #707,537
  • Nov 16, 2022 1:28am Nov 16, 2022 1:28am
Quoting DmShka
{quote} You are against CPI news?
I believe that the CPI news is neutral to positive.
  • #707,538
  • Nov 16, 2022 1:30am Nov 16, 2022 1:30am
Quoting JayBag
{quote} Oh, I am selling 145.19719 area for 142.5708 145.19719 looks like a rock to be reckoned with It's a Tripple A rating setup (a phrase coined by PAT) Anyway, let's see
Maestro, I am following you for this trade
thank you
  • #707,539
  • Nov 16, 2022 1:31am Nov 16, 2022 1:31am
US Retails Sales Banks' Expectation:
Citi- 1.4% MoM
Wells Fargo- 1% MoM
CIBC- 1.3% MoM
TDS- 1.2% MoM
Commerzbank- 1.2% MoM
NBF- 1.1% MoM
RBC- 1% MoM
More time in the market, does not mean you trade better!
  • #707,540
  • Nov 16, 2022 1:32am Nov 16, 2022 1:32am
Quoting ruben247
{quote} Maestro, I am following you for this trade thank you
Even though I am rating it a Tripple A, I could be awfully wrong bro. Please be careful and manage your stuff properly.
307 traders viewing now, 1 is registered:
luisinho