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Why is GBPUSD called cable? 76 replies

Cable Update - Continued 102 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Cable Update (GBP/USD) without Idiots 23 replies

cable short for gbpusd? 6 replies

Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting Moty
1.23000 is not goona hold {image}
Its at the only true gap if we look down to the 1.03xx low so i do not know the outcome.

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POSTMASTER
buy again - 1.2284
Together we can be strongest
Quoting Robinhood1
{quote} Its at the only true gap if we look down to the 1.03xx low so i do not know the outcome. {image}
It might fill it, retrace a bit and if it breaks it next time down we go. Not sure, just an opinion.
POSTMASTER
Today seems to be free fall day. Structure favoured bears to be honest and they made the most of it and also hit my SL at 2300. Bloody bears!
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
Quoting Pat Chiko
{quote} GU End of scalping as per set target.{image}
GU

Regroup for next attack ?
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I come from the future.
Quoting Pat Chiko
{quote} GU Regroup for next attack ?{image}
Pat I'm going to ask a silly question but if I don't ask I won't know will I?

Based on your 4 hour chart:

1. Do you place a sell order around 123.40 or do you set an alarm to tell you when that hits?

2. When you expect a downturn (TP = 122.06) do you ever "scalp" a long as well and if so how tight a stop/leash?
...because you never know - until you do!
Quoting Pat Chiko
{quote} GU End of scalping as per set target.{image}
There goes the amazing PAT again.

Absolutely beautiful!!!

You rock man!
Quoting TwFXtrader
why trade gbpusd when you can trade gold
we don't know how
Quoting TwFXtrader
why trade gbpusd when you can trade gold
Yes, i made this question some time back except where you mentioned gold i mentioned any pair. It is amazing to see how crowded is this thread and why cable. Good question. And sometimes you get told off posting other than GU. Some kind of magic has cable.
POSTMASTER
My text book set-up
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Lou Vincii Code
Quoting fxsport
{quote} Pat I'm going to ask a silly question but if I don't ask I won't know will I? Based on your 4 hour chart: 1. Do you place a sell order around 123.40 or do you set an alarm to tell you when that hits? 2. When you expect a downturn (TP = 122.06) do you ever "scalp" a long as well and if so how tight a stop/leash?
Thanks for the Q ...

Here's the link when I got into the trade.
Quoting Pat Chiko
{quote} GU I copy your signal. Thanks{image}
I reproduce the exact chart when I enter the trade.
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Just tell me what do you see on the candle before I hit my N3 ?

Edit.
This H1 chart show the exact N3.
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What do you see before my N3?

EDIT 2
All started from this post (initial set up)
https://www.forexfactory.com/thread/...1#post14296791
Chart
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I come from the future.
Quoting pipcenturion
{quote} Price dropped after the news release. If I am reading that "correctly" they just said BUY! BUY!! BUY!!!
Well when disaster happens we run to safe heaven "dollar". In case of GBPUSD then sell cause dollar will gain value.

For example when COVID 19 was introduced in 2020 dollar first gain value as the pair slumbered. The market only went up after the stimulus package were introduced that's when dollar lost value and the pair went up.
I'm enjoying the wins because I was once terrified by loses
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Quoting Moty
scalp for 20 pips in long eu {image}
Congrats, hit ypur TP
Aint Margin Call
Goldie Talkie Profit This Month: na
Quoting FulMargnAlch
{quote} we don't know how
a secret around 5:30 PST US time gold do some crazy moves
go to the chart and find the time around 5:30 PST and see you will be shocked


when is at $1600 around 5:30 PST US time in the morning to now $1900
gold would pump 100pip- 400pip depends on the day
not always
gold have been doing this for years

right now you might want to wait for gold to dump,
but it can also go down 100-400pip around that time,
you just gotta have a good entry with small stop


i am not joking with this is enough to make you bank
Quoting GODofMC
{quote} Congrats, hit ypur TP
Quoting Moty
{image}
Yhis could be bottom, or middle, but good luck
Aint Margin Call
Goldie Talkie Profit This Month: na
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Together we can be strongest
Quoting Robinhood1
{quote} Yes, i made this question some time back except where you mentioned gold i mentioned any pair. It is amazing to see how crowded is this thread and why cable. Good question. And sometimes you get told off posting other than GU. Some kind of magic has cable.
i traded gbpusd a couple days like in 7 years and i hated it
idk maybe there is some secret sauce I don't know
that's why i am here trying to find out
Looks like a good short set up on USDCAD if anyone wants to take a look

Start with the hourly, we have a nice abc correction, take a look at 4H the trend is down, H1 looks like it is about to swing up to retest

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Follow The Markets Structure - Patience and Discipline
Quoting TwFXtrader
{quote} a secret around 5:30 PST US time gold do some crazy moves go to the chart and find the time around 5:30 PST and see you will be shocked when is at $1600 around 5:30 PST US time in the morning to now $1900 gold would pump 100pip- 400pip depends on the day not always gold have been doing this for years right now you might want to wait for gold to dump, but it can also go down 100-400pip around that time, you just gotta have a good entry with small stop i am not joking with this is enough to make you bank
thank you.
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