Cable Update (GBPUSD) | Page 36759 | 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)

  • #735,161
  • Mar 10, 2023 12:50am Mar 10, 2023 12:50am
Quoting karankeni
In the meantime EURCAD looks a good sell
It broke to new highs. But I wouldn't get in, it needs to pull back. At least in terms of subjective sentiment.
Just follow the trend.
  • #735,162
  • Mar 10, 2023 1:00am Mar 10, 2023 1:00am
Quoting lucaswalliam
{quote} It broke to new highs. But I wouldn't get in, it needs to pull back. At least in terms of subjective sentiment.
Just an observation and suggestion, if you pay attention to this thread, probably one of the most successful Asia traders is @navk. He typically suggests that you trade the open of Asia and then FF/LO.
  • #735,163
  • Mar 10, 2023 1:01am Mar 10, 2023 1:01am
Quoting mysterio
looking for a move from around 1.1900-05, to 1.1950 today lucky if we get it pre nfp for nfp, not sure. will see where we're at near the time-- 1.1972-83 is worth watching, last weeks point of control. a tap into there might send the pair down. 1.1978 is the point of control from the drop on the 7th. usually POC levels are turning points esp on big release days. hope for a better day after unwinding all my morning gains in the afternoon yesterday
Kind of called that right.
  • #735,164
  • Mar 10, 2023 1:02am Mar 10, 2023 1:02am
bulls trap
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 12 KB
yes yes yes
  • #735,165
  • Mar 10, 2023 1:03am Mar 10, 2023 1:03am
Good area to look for sells now.
Exhausted
  • #735,166
  • Mar 10, 2023 1:03am Mar 10, 2023 1:03am
added short@1943
trading is like dancing, don't think and just listen to the music!
  • #735,167
  • Mar 10, 2023 1:03am Mar 10, 2023 1:03am
UK data not as bad as expected
Attached Image (click to enlarge)
Click to Enlarge Name: 2C04D2DE-522F-46D8-B024-84AC7750F95A.png Size: 131 KB
Insane in the Brain..
  • #735,168
  • Mar 10, 2023 1:08am Mar 10, 2023 1:08am
short, 1.1945, target 1.19
  • #735,169
  • Mar 10, 2023 1:09am Mar 10, 2023 1:09am
Waiting for a proper break out on Gu.
The bulls are impressive but I am waiting for a proper confirmation.
Maywhile, GBPCAD is breaking out to the upside.
Attached Image (click to enlarge)
Click to Enlarge Name: 7BCF22DF-98CE-4B5F-BBA8-5D5B00319B64.png Size: 109 KB
My telegram: https://t.me/avidforex
  • #735,170
  • Mar 10, 2023 1:09am Mar 10, 2023 1:09am
Quoting Georginson
{quote} I see this as a correction for momentum to slam it down. To 1.1620 area... Though may be limited to 1.1695 this week... Whichever way, I will be very patient. Safe place to buy for the rest of the week is 1.1740 - 1.1700 .safe place to sell for the rest of the week is 1.1910 - 1.1940
Second sell activated at 1.1940
Data + Stat + Risk/Emotions Management
  • #735,171
  • Mar 10, 2023 1:11am Mar 10, 2023 1:11am
Quoting Moty
bulls trap {image}
Why do you think this is a trap?
I'm curious.
Just follow the trend.
  • #735,172
  • Mar 10, 2023 1:15am Mar 10, 2023 1:15am
1.20 magnetic target. Premature shorts will keep covering.
  • #735,173
  • Mar 10, 2023 1:20am Mar 10, 2023 1:20am
Quoting navk
A likely short will be activated when Frankfurt opens... This can happen after break of yesterday high. The drop needs to be bought until NY open.

Intraday only.
  • #735,174
  • Mar 10, 2023 1:26am Mar 10, 2023 1:26am
Why people sell triangles in an upward move is beyond me. Switching to the 1hr chart and below it was a triangle that was 90% guaranteed to break upwards. I wish price can hit 1960 and dump.
  • #735,175
  • Mar 10, 2023 1:29am Mar 10, 2023 1:29am
A case study of possible 1.1620, a careful look at 1.1950/1960 area being very critical.. break above and gladly welcome 1.22 next week, fail to break above and gladly welcome 1.1620 next week.

As for today, it's a battle between 1.2020 and 1.1740... I will prefer 1.1740 though... Rather ambitious but fingers crossed.

Always no obligation to follow
Data + Stat + Risk/Emotions Management
  • #735,176
  • Mar 10, 2023 1:29am Mar 10, 2023 1:29am
Quoting Robinhood1
Great resistence or maybe turning south around 1.1950 cable
My new scenario changes to long.

Target: 1st - 1.2550 and 2nd - 1.2700

I may be wrong
POSTMASTER
  • #735,177
  • Mar 10, 2023 1:30am Mar 10, 2023 1:30am
Quoting lucaswalliam
{quote} Why do you think this is a trap? I'm curious.
At least it comes across better when you ask, rather than...
I would humbly suggest that you add a bit of humility too when you may not agree with another's position or inclination in this market.
Nobody gets it right all the time, me and you inclusive.
So I would suggest you kindly keep some of the polite criticism to yourself, rather than make another feel like they're wrong.
It's been 3 days now and we fell over 200 pips from where you made it seem like it was ridiculous to take a short. That's not cool, bro.
Please, I beg you, don't politely ridicule another's analysis. There are very intelligent people here who will see through your comment,no matter how nice you try to make it seem.
  • #735,178
  • Mar 10, 2023 1:31am Mar 10, 2023 1:31am
Quoting Georginson
A case study of possible 1.1620, a careful look at 1.1950/1960 area being very critical.. break above and gladly welcome 1.22 next week, fail to break above and gladly welcome 1.1620 next week. As for today, it's a battle between 1.2020 and 1.1740... I will prefer 1.1740 though... Rather ambitious but fingers crossed. Always no obligation to follow
Respect, boss man!
Your ranges are noted with gratitude.
  • #735,179
  • Mar 10, 2023 1:41am Mar 10, 2023 1:41am
GBP/USD 50% hits long limit order cleanly. Closed at -23.6. It's a quick attack.

Attached Image (click to enlarge)
Click to Enlarge Name: 050310GUm15-2.PNG Size: 9 KB
  • #735,180
  • Mar 10, 2023 1:44am Mar 10, 2023 1:44am
Near Daily R1 area now a break above opens 120 imho whilst it still is a further 40 pips we could see it either towards there until NFP.
Insane in the Brain..
547 traders viewing now, 1 is registered:
Marbas