Cable Update (GBPUSD) | Page 35558 | 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)

  • #711,141
  • Dec 2, 2022 10:05am Dec 2, 2022 10:05am
Quoting LvMMT
{quote} superb thanks RH just a little adrenaline... https://www.youtube.com/watch?v=9hIG4yKP6Iw GBPUSD H1 and H4 {image}{image} God bless you RH and God bless everyone!
These piano players are very talented. Made my day
Thanks LvMMT.
Trade to trade another day
  • #711,142
  • Dec 2, 2022 10:11am Dec 2, 2022 10:11am
h have feeling it will break the high today....
so i entered long based on that
  • #711,143
  • Dec 2, 2022 10:17am Dec 2, 2022 10:17am
The green one is a local trendline.
The red one is a broken trendline.
Im adding weight to the green trentline because of the monthly open off it.
The dashed line is the back up, not from the flash bottom because no one draws of those spikes.

Im looking at up tl's as the most reliable from the monthly prints and current quarterly.
The weekly is as you can see right now bullish.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2022-12-02 at 16.12.13.png Size: 53 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #711,144
  • Dec 2, 2022 10:18am Dec 2, 2022 10:18am
Quoting yelena
Calculated short, because: 1. It's where EMA10 + H1 (blue line) + S acting as R (pink line) 2. residual news effect
BE, again (TL). Sigh.

Anyway, good night boys and girls. Happy weekend!
Attached Image (click to enlarge)
Click to Enlarge Name: 2DECSHBE.png Size: 11 KB
  • #711,145
  • Dec 2, 2022 10:25am Dec 2, 2022 10:25am
Quoting Pat Chiko
GU Follow the structure.{image}

GU

Just follow the Structure.
Simple set up.
BO/RT with RSF, with structure forming HL/HH. This is very strong confluence zone to push price higher.
Moving higher and wanting to break YH.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 155.jpg Size: 123 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #711,146
  • Dec 2, 2022 10:33am Dec 2, 2022 10:33am
Quoting Wavegarrick
{quote} These piano players are very talented. Made my day Thanks LvMMT.
I'm happy that you liked it!
indeed,you are right, talented...

God bless you Leon and God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #711,147
  • Dec 2, 2022 10:35am Dec 2, 2022 10:35am
Switch to long. One last trade TP at 12350 no SL
Insane in the Brain..
  • #711,148
  • Dec 2, 2022 10:35am Dec 2, 2022 10:35am
food for thought
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2022-12-02 103503.png Size: 25 KB


could see another smaller range for a bit
be a thinker before being a reacter
  • #711,149
  • Dec 2, 2022 10:40am Dec 2, 2022 10:40am
I didn't understand
There was that huge drop
Is it was for nothing
How is that it always turn around against me like today and yesterday?
Unbelievable
yes yes yes
  • #711,150
  • Dec 2, 2022 10:43am Dec 2, 2022 10:43am
Im plus 107 pips today, and im not happy.
im seeing the fly back up so quick, mean my chart analysis is probably wrong.

Funny

anyway i bought it. Will put my sl on be soon
Attached Image (click to enlarge)
Click to Enlarge Name: 2C8F7449-B842-4D78-B980-8F06F92CA8BA.png Size: 49 KB
  • #711,151
  • Dec 2, 2022 10:51am Dec 2, 2022 10:51am
Quoting Whale
Im plus 107 pips today, and im not happy. im seeing the fly back up so quick, mean my chart analysis is probably wrong. Funny anyway i bought it. Will put my sl on be soon {image}
Yeah there is just no pleasing some people!
  • #711,152
  • Dec 2, 2022 10:55am Dec 2, 2022 10:55am
Quoting dantpm
{quote} Yeah there is just no pleasing some people!

Im sorry if someone find it annoying, but im not follow pips, i follow my process as trader.
when my analysis is half correct im not pleased
  • #711,153
  • Dec 2, 2022 10:56am Dec 2, 2022 10:56am
Thats real quick hundred pips recovery
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #711,154
  • Dec 2, 2022 10:58am Dec 2, 2022 10:58am
Quoting Robinhood1
{quote} GJ Going into my depth. This is my most inmediate view. Hope donīt go wrong and look like a fool We have to connect the lost low (blue dot) as it broke the upswing temp which is normal. Get back to the channel and then fill the Gap. Again get back to the channel and run up for a while. This is reading charts no indis. {image}
I was silent today. I lost 50% of my positions and the same thing happened to me with Bitcoin but 25%. I took the retracement of Bitcoin as a reference for all the following not being valid and therefore now I know where to enter for future times, for example usdcad. The move I described this morning is still valid with the new support.

Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla (5468).png Size: 21 KB
POSTMASTER
  • #711,155
  • Dec 2, 2022 11:02am Dec 2, 2022 11:02am
Quoting Moty
I didn't understand There was that huge drop Is it was for nothing How is that it always turn around against me like today and yesterday? Unbelievable
Well, it wiped out 50% of my positions last price and could not go further as they planned, went straight for me even being GJ. Maybe, there is a reason
POSTMASTER
  • #711,156
  • Dec 2, 2022 11:04am Dec 2, 2022 11:04am
Quoting Robinhood1
{quote} Well, it wiped out 50% of my positions last price and could not go further as they planned, went straight for me even being GJ. Maybe, there is a reason
The good thing about it is that they are trapped into their trap. They will eventually fix it but not sure how they gonna fix Bitcoin as it climbs towards 400K
POSTMASTER
  • #711,157
  • Dec 2, 2022 11:04am Dec 2, 2022 11:04am
pat I just love the way you use ur sl thats one I thing I wouldn't forget to learn from you keed posting
  • #711,158
  • Dec 2, 2022 11:07am Dec 2, 2022 11:07am
Quoting Moty
I didn't understand There was that huge drop Is it was for nothing How is that it always turn around against me like today and yesterday? Unbelievable
Pat posted why, gotta learn and study and test before opening live trades.

GL
How to succeed in zero sum game?
  • #711,159
  • Dec 2, 2022 11:10am Dec 2, 2022 11:10am
Quoting BChan
Surprisingly high NFP
Quoting BeeTogether
The NFP data should have had a bigger impact I think. We are now over 122 again. 121-120 should have been easy targets. Oh well I’m still shorting at 12167
Interesting both of you are spot on on Fundamental.
Surprise to the upside, but still trending down.
Just a kneejerk market reaction?

The actual NFP print wasn't that bad, same as last month.
But average hourly earnings being up 0.6% compared to 0.3% forecast isn't a good look at all.

Here's the what US Non-Farm Payrolls BEAT
NFP 263K vs. 200K exp
Average hourly earnings 0.6% vs. 0.3% expected
Unemployment rate 3.7% (unchanged, inline)
Participation rate 62.1% (from 62.2%)
With the above NFP number, 75bp not off the table on the 14th.
Everything hanging on the Dec.13 CPI.


GBPUSD bullish, we should see further upside moves next week if we get one more bullish closing.
The US NFP data will drive the primary move in the intraday chart.


Quoting Pat Chiko
{quote} GU Just follow the Structure. Simple set up. BO/RT with RSF, with structure forming HL/HH. This is very strong confluence zone to push price higher. Moving higher and wanting to break YH.{image}
Today fun ride, going down by the elevator, going up by escalator.
We are at the same spot pre-NFP, just a joy ride.

DXY Play it to the S&R rules.
Attached Image (click to enlarge)
Click to Enlarge Name: dxy 018.jpg Size: 139 KB



End of Scalping.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 156.jpg Size: 219 KB

Gain some small profit to enjoy the weekend party
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #711,160
  • Dec 2, 2022 11:12am Dec 2, 2022 11:12am
Quoting Moty
I didn't understand There was that huge drop Is it was for nothing How is that it always turn around against me like today and yesterday? Unbelievable
Because of liquidity
Maybe you can do more study about it.
this is what i current focusing on too.
despite news good or bad, structure and liquidity (PA) are more important.
mr Pat gv a lot of chat where the liquidity sit at.
nice to take as examples.
PA Return This Week: 39.2%
390 traders viewing now