Cable Update (GBPUSD) | Page 36451 | 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)

  • #729,001
  • Feb 15, 2023 5:15am Feb 15, 2023 5:15am
Will the dollar/yen drop?
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY-cd(M15)_2023.02.15_201340.gif Size: 47 KB
  • #729,002
  • Feb 15, 2023 5:19am Feb 15, 2023 5:19am
Quoting Elysion
One thing that I realized, I tend to lose a lot in London session. I think I should completely avoid London session and trade only Asian and NY. Fml.
Trading only asian session helps to accumulate
Intraday only.
  • #729,003
  • Feb 15, 2023 5:22am Feb 15, 2023 5:22am
Quoting Elysion
One thing that I realized, I tend to lose a lot in London session. I think I should completely avoid London session and trade only Asian and NY. Fml.
I find NY the toughest to trade with the really aggressive stop-hunting!
  • #729,004
  • Feb 15, 2023 5:24am Feb 15, 2023 5:24am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 43 KB
  • #729,005
  • Feb 15, 2023 5:25am Feb 15, 2023 5:25am
...chart below shows how the current dly lo area has been a ' flip zone.'
How strong are the bulls now?

4hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
Trader with an Edge.
  • #729,006
  • Feb 15, 2023 5:27am Feb 15, 2023 5:27am
Pairs in general, will have very boring periods followed by moderate spikes and back to boredoms. Tip: patience.

This will continue for quite a while.
POSTMASTER
  • #729,007
  • Feb 15, 2023 5:31am Feb 15, 2023 5:31am
Quoting Robinhood1
Pairs in general, will have very boring periods followed by moderate spikes and back to boredoms. Tip: patience. This will continue for quite a while.
I sounded like the weather man
POSTMASTER
  • #729,008
  • Feb 15, 2023 5:35am Feb 15, 2023 5:35am
1.19350 today (S3)?
Could be.

Although, we should witness a proper retracement before S3 is reached.
  • #729,009
  • Feb 15, 2023 5:40am Feb 15, 2023 5:40am
Having looked at the charts, I want to say that I don't believe in longs at the moment. See my chart below and the arrow pointing down is where I think price will go after all the ranging and delay.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20230215-113838_MetaTrader 5.jpg Size: 631 KB
  • #729,010
  • Feb 15, 2023 5:42am Feb 15, 2023 5:42am
Anyone expecting a retracement down of EUR/GBP?
You have an IQ lower than 90 if you interact with this user.
  • #729,011
  • Feb 15, 2023 5:43am Feb 15, 2023 5:43am
Quoting Ferna
Anyone expecting a retracement down of EUR/GBP?
Yes, as on GBP/USD.
  • #729,012
  • Feb 15, 2023 5:48am Feb 15, 2023 5:48am
...1st upside hurdle containing the recovery attempt by the bulls, so far! Ie the prev 1hr minor sw lo zone = prev supp = pot sbr

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 26 KB
Trader with an Edge.
  • #729,013
  • Feb 15, 2023 5:49am Feb 15, 2023 5:49am
*Leaving EU has cost UK around 29 billion pounds.*
  • #729,014
  • Feb 15, 2023 5:50am Feb 15, 2023 5:50am
Few more than 1:30 hrs for the red news of USD. Better to close the trades before.


Attached Image
Together we can be strongest
Vantage Return This Month: na
  • #729,015
  • Feb 15, 2023 5:53am Feb 15, 2023 5:53am
Quoting dantpm
{quote} I find NY the toughest to trade with the really aggressive stop-hunting!
I find it way easier to scalp due to extreme high volume.
Exhausted
  • #729,016
  • Feb 15, 2023 5:54am Feb 15, 2023 5:54am
I will continue to take long with every signal
The bottom of the channel must make an affect
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20230215_135241.jpg Size: 510 KB
yes yes yes
  • #729,017
  • Feb 15, 2023 5:55am Feb 15, 2023 5:55am
h1 low seems to be foroming.

beware
Intraday only.
  • #729,018
  • Feb 15, 2023 5:56am Feb 15, 2023 5:56am
Quoting navk
{quote} Trading only asian session helps to accumulate
Asia retracement or conitnuation

london is often breakout

New york is buy low sell high


just my observation.
MY OPINION NOT FINANCIAL ADVISE
  • #729,019
  • Feb 15, 2023 6:01am Feb 15, 2023 6:01am
Quoting Moty
I will continue to take long with every signal The bottom of the channel must make an affect {image}
Min while i am short to 1.203020
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2023-02-15-14-00-34-647-edit_net.metaquotes.metatrader4.jpg Size: 598 KB
yes yes yes
  • #729,020
  • Feb 15, 2023 6:03am Feb 15, 2023 6:03am
FOMC Meeting Minutes next Week.

Market expects this meeting to finally conclude peak interest rates Fed will go for this year. Expecting them to put rates peak in 5.25% - 5.50% range without rate cuts until at least next year.

Despite the data, I have a feeling Fed is almost done hiking rates and very close to pausing.

The highest I see Fed raising interest rates is 5.50% and then pausing.

They are expecting unemployment rate to go above 4% this year.

We are very close to pausing cycle. Some CB's are already pausing and other will very soon.

Hiking -> Pausing -> Recession?

Still in the dark with BoJ..

It will soon come the time when neither inflation nor interest rates will play crucial part. Rather how bad economy is doing; how stable will the situation be.

(My opinion, might be wrong).
572 traders viewing now