Cable Update (GBPUSD) | Page 35703 | 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)

  • #714,041
  • Dec 13, 2022 8:38am Dec 13, 2022 8:38am
Quoting FulMargnAlch
Sell structure at M1. Dangerous. {image}
Requires sharp real time observation to execute, buyers might hold the ground, then TP asap.
The market hides a perfect geometry.
  • #714,042
  • Dec 13, 2022 8:39am Dec 13, 2022 8:39am
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla (5571)_LI.jpg Size: 495 KB
POSTMASTER
  • #714,043
  • Dec 13, 2022 8:40am Dec 13, 2022 8:40am
Quoting FulMargnAlch
{quote} Requires sharp real time observation to execute, buyers might hold the ground, then TP asap.
TPed. Strong bull around RBS is dangerous.
The market hides a perfect geometry.
  • #714,044
  • Dec 13, 2022 8:41am Dec 13, 2022 8:41am
Quoting Robinhood1
{quote} Dragon still lot of potential to go down.
So has UC.
POSTMASTER
  • #714,045
  • Dec 13, 2022 8:43am Dec 13, 2022 8:43am
...1st downside obstacle for the bears that prev 4hr/dly sw hi zone that starts @ 2405, = prev res = pot rbs. It's part of the prev downtrend on both t/f's and from a while back so may not be as strong as one that is part of the uptrend and more near-term, if tested in a deeper p/back.
Trader with an Edge.
  • #714,046
  • Dec 13, 2022 8:49am Dec 13, 2022 8:49am
Quoting mysterio
50 pip trades on offer for intraday traders on both AM and PM sessions but an inside day, to be expected for a Monday. I only caught the morning buy and BE'd luckily on the NY trade I'm not gonna predict the direction tomorrow but going to continue to treat it as a range and look for reversals We'll just see which liquidity pool gets raided first then go from there
Mysterio, looking forward to this presentation!
  • #714,047
  • Dec 13, 2022 8:50am Dec 13, 2022 8:50am
Quoting dantpm
{quote} The reality is that the pound is still in the craper and the dollar ain't a lot better than it was a day ago.
Absolutely, but your points relate to wider long-term fundie themes/hypotheses - it's about context - even in such a longer-term fundie environment there will be fluctuations/big fluctuations both ways in currency pairings reacting to shorter-term fundie themes and data releases, the later of which are in some part the/a measure of both.
Trader with an Edge.
  • #714,048
  • Dec 13, 2022 8:51am Dec 13, 2022 8:51am
Quoting Fawad12
Price is ranging since last NY session - from 1.2250 to 1.2300 - This LO session can break on upside but on lower side it will hard to break so wait and see going on. No trade yet from my side.
Like i mentioned above it would go upside and it went in great way it was all about 4h candles pattern.
  • #714,049
  • Dec 13, 2022 8:52am Dec 13, 2022 8:52am
MMath
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30 MMATH dec 13.png Size: 53 KB
  • #714,050
  • Dec 13, 2022 8:53am Dec 13, 2022 8:53am
Short GBP/USD from slightly higher then 1.24000, since I can..

Also, USD fell 320 pips from top against JPY.. there has to retracement..
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD H1.png Size: 21 KB
  • #714,051
  • Dec 13, 2022 8:53am Dec 13, 2022 8:53am
Quoting Robinhood1
{quote} So has UC.
Loonie will try long 1.35 with tight sl
H4 support and 61% retrace
Peace Yo!
  • #714,052
  • Dec 13, 2022 8:54am Dec 13, 2022 8:54am
Quoting Romero666706
{quote} {image}
TP HIT
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 21 KB
  • #714,053
  • Dec 13, 2022 8:54am Dec 13, 2022 8:54am
There will probably be a retest of 1.235 but we may see 1.25 first - not looking to short anyway.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 35 KB
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 34 KB
  • #714,054
  • Dec 13, 2022 8:55am Dec 13, 2022 8:55am
Quoting Headland
{quote} Absolutely, but your points relate to wider long-term fundie themes/hypotheses - it's about context - even in such a longer-term fundie environment there will fluctuations in currency pairings reacting to shorter-term fundie themes and data releases, the later of which are in some part the/a measure of both.
I agree with the principles you are referring to just I disagree that the scale of the reactions we have been seeing this fall are in any way related to the magnitude of actual data releases this fall!
  • #714,055
  • Dec 13, 2022 8:58am Dec 13, 2022 8:58am
Quoting dantpm
{quote} I agree with the principles you are referring to just I disagree that the scale of the reactions we have been seeing this fall are in any way related to the magnitude of actual data releases this fall!
Lo, whether or not, but you are effectively saying the market is wrong, and as we all know, being the collective net will of it's participants, the market is never wrong. Really, it doesn't matter so long as there is volatility and momentum that is all we as traders need/want. We can hypothesise about/disagree with market reactions all day long, but it will be us that are wrong.

On the general hypothesis that all fractional reserve fiat currencies are going to hell, - well yea, probably, but not today it would seem!
Trader with an Edge.
  • #714,056
  • Dec 13, 2022 9:00am Dec 13, 2022 9:00am
Quoting Headland
{quote} Lo, whether or not, but you are effectively saying the market is wrong, and as we all know, being the collective net will of itt's participants, the market is never wrong.
Actually I believe that I am suggesting that the market is not wrong but manipulated.
  • #714,057
  • Dec 13, 2022 9:01am Dec 13, 2022 9:01am
Let us see in real time who will dominate around this level. BE for safety or maybe not, depends in real time PA.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
The market hides a perfect geometry.
  • #714,058
  • Dec 13, 2022 9:01am Dec 13, 2022 9:01am
Quoting dantpm
{quote} Actually I believe that I am suggesting that the market is not wrong but manipulated.
Price Never Lies
in wondering about yourself, you forgot what you came here to be part of
  • #714,059
  • Dec 13, 2022 9:02am Dec 13, 2022 9:02am
Quoting Robinhood1
{quote} Dragon still lot of potential to go down.
IŽll be buying Dragon from 164.10
POSTMASTER
  • #714,060
  • Dec 13, 2022 9:04am Dec 13, 2022 9:04am
H&s? on 5 min

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-m5-oanda-division4-head-and-shoulders-5-minute.png Size: 16 KB
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 18.2%
341 traders viewing now