Cable Update (GBPUSD) | Page 35626 | 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)

  • #712,501
  • Dec 8, 2022 6:02am Dec 8, 2022 6:02am
Support is holding, but should break lower this hour and rebounce at NY.
  • #712,502
  • Dec 8, 2022 6:03am Dec 8, 2022 6:03am
Price is in 4 hour FVG i exept a rise, pending order hope my order gets filled, there's BOS in the smaller timeframe
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2022-12-08-17-33-03-92_47156649b070b5878ed30c05d64ec18b.jpg Size: 660 KB
  • #712,503
  • Dec 8, 2022 6:05am Dec 8, 2022 6:05am
Quoting Robinhood1
{quote} Hi buddy, i went short with a tiny lot. I sometimes sacrify tiny lots to track price. Will go long 200% if it follows my setup {image}
Bro. What is your target? 1.36 or 1.3527?

Will close partial at 1.36
Peace Yo!
  • #712,504
  • Dec 8, 2022 6:10am Dec 8, 2022 6:10am
I don't think I've seen a messier 5 minute chart. Looks like a toddler has been given a couple of crayons.
  • #712,505
  • Dec 8, 2022 6:14am Dec 8, 2022 6:14am
time to reverse mf
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 22 KB
yes yes yes
  • #712,506
  • Dec 8, 2022 6:17am Dec 8, 2022 6:17am
Quoting Moty
time to reverse mf {image}
Man you are comedy
  • #712,507
  • Dec 8, 2022 6:17am Dec 8, 2022 6:17am
Quoting Moty
time to reverse mf {image}
Cut your losses
  • #712,508
  • Dec 8, 2022 6:20am Dec 8, 2022 6:20am
Quoting Moty
time to reverse mf {image}
Hahahahahhaaaaaa

Really Enjoyed This One

Chart Of The Day
Shekh In Desert
  • #712,509
  • Dec 8, 2022 6:20am Dec 8, 2022 6:20am
Quoting shakmoney
{quote} Cut your losses
it will go down ?
COT: The precious data ignored
  • #712,510
  • Dec 8, 2022 6:22am Dec 8, 2022 6:22am
We should see a drop in the NY session.

Wait for DXY to make a run on some lows, at least the Frankfurt low and perhaps Wed's NY Low.

Short somewhere in the H1 FVG created this morning and short along with the order flow of the day.

Wait for confirmation in PA or futures footprint. We're distributing currently, wait for the UTAD then sell.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 118 KB
  • #712,511
  • Dec 8, 2022 6:23am Dec 8, 2022 6:23am
Quoting Phil_GMT
{quote} I Hope so, as I am short from Wednesday night, Alternatively on H1 (Bullish Case): {image} H&S forming?

If you think it is head and shoulders then surely you should be long.
Follow The Markets Structure - Patience and Discipline
  • #712,512
  • Dec 8, 2022 6:23am Dec 8, 2022 6:23am
Quoting Phil_GMT
{quote} I Hope so, as I am short from Wednesday night, Alternatively on H1 (Bullish Case): {image} H&S forming?
H8 needs to come down.

At the moment, I see lower TF rally with resistance at about 1.2185.
To free Gazans of Hamas, use whatever it takes.
  • #712,513
  • Dec 8, 2022 6:24am Dec 8, 2022 6:24am
Quoting LeongPuiy
{quote} Almost lunch break so market tricky
Lately, no need for it to be lunchtime for plenty of "funny" tricks!
To free Gazans of Hamas, use whatever it takes.
  • #712,514
  • Dec 8, 2022 6:27am Dec 8, 2022 6:27am
Quoting mysterio
We should see a drop in the NY session. Wait for DXY to make a run on some lows, at least the Frankfurt low and perhaps Wed's NY Low. Short somewhere in the H1 FVG created this morning and short along with the order flow of the day. Wait for confirmation in PA or futures footprint. We're distributing currently, wait for the UTAD then sell. {image}
May look pointless, meaningless, but i'm looking at the news gap (from monday) on the dxy around 104.6x

If it ever reaches it, it could drop a bit more to complete the daily range (around 104.3x)
So i feel better selling dollar for now
COT: The precious data ignored
  • #712,515
  • Dec 8, 2022 6:28am Dec 8, 2022 6:28am
Quoting Jolita
{quote} I would profit 48 - 17= 31 pip x £1.00 = £31.00. Change to your trading currency, check if any commissions your broker takes.
Dear Jolita,
Let me do some further research to make sure am not wrong about this one,
And thanks so much for your feedback.
I live in the future
  • #712,516
  • Dec 8, 2022 6:28am Dec 8, 2022 6:28am
Quoting kuroro001
{quote} May look pointless, meaningless, but i'm looking at the news gap (from monday) on the dxy around 104.6x If it ever reaches it, it could drop a bit more to complete the daily range (around 104.3x) So i feel better selling dollar for now
Sure, sell it for a bit but you're about to get stopped out if you hold too long in the afternoon. We're likely to make a run to 105.5 ish +

Depends on your timeframe if your intraday or position.. If you're position you're fine

Intraday, buy the dollar as low as you can this afternoon
  • #712,517
  • Dec 8, 2022 6:30am Dec 8, 2022 6:30am
Quoting kuroro001
{quote} Its because its converting your gains into dollars, you trade CADJPY (its not dollars), you have currency change Now trade a pair on dollar (EURUSD, GBPUSD) you'll see you won't have any conversion 3050 YEn = 22,4 dollars (with a USDJPY of 136,5 roughly....3050/136,5)
HHhH i thought i knew it all buddy,
Thanks for your feedback
I think I'll stick with $ pairs ,
I live in the future
  • #712,518
  • Dec 8, 2022 6:32am Dec 8, 2022 6:32am
Quoting mysterio
{quote} Sure, sell it for a bit but you're about to get stopped out if you hold too long in the afternoon. We're likely to make a run to 105.5 ish + Depends on your timeframe if your intraday or position.. If you're position you're fine Intraday, buy the dollar as low as you can this afternoon
Maybe

EU is at res...i'm putting stop at BE+4 (1.0499), either good or nothing

With PPI tomorrow, no need to hold bad trades that can go worst
COT: The precious data ignored
  • #712,519
  • Dec 8, 2022 6:32am Dec 8, 2022 6:32am
We can see a rebound to the opening price of 1.21999 and from there a new fall.
  • #712,520
  • Dec 8, 2022 6:34am Dec 8, 2022 6:34am
Pull up
Pull up
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2022-12-08-14-34-11-011-edit_net.metaquotes.metatrader4.jpg Size: 596 KB
yes yes yes
333 traders viewing now