Menu

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Cable Update - Continued 105 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

Quoting OBsayMkMoney
{quote} I will take that. thanks.
https://t.me/TradingEmpireRsa
THE PLUG TO FREE FOREX COURSES, STRATEGIES, ROBOTS AND SYSTEMS
Follow us or Go missing
or I can give you signal channels with 21,000 subscribers
Hand drawn Renko, lol.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 46 KB
I have no clue where it's going
up up

gu is drunk I close here
Attached Image(s) (click to enlarge)
Click to Enlarge Name: guh1.png Size: 12 KB
Click to Enlarge Name: gu 2.png Size: 3 KB
Quoting spacca
{quote} MMMMMMMMMMM tough resistance to break be careful we are just on the border area buy sell in congestion area {image} {image}
haahahahahaha
we are still thinking about where to go but now we are in the blue buy area
Quoting ScalaFX
Risky Long GU 2485 SL 2440 TP above 2600
I am long too.
Intraday only.
Quoting navk
{quote} I am long too.
Glad to hear that, now is not so much risky
People don't plan to lose. They lose because they don't plan.
Price testing support. Sells still active. Still wouldn't rule out 1.26 from the plan,sell order there to be safe. TP 1.237
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1505011.png Size: 26 KB
Quoting ScalaFX
Risky Long GU 2485 SL 2440 TP above 2600
It's good you have your stop loss in place as minimum first two trade days of the of the last 6 months is 164 pips and currently done 90 pips (1.2570 - 1.2480) which means at least 74 more pips to break either 1.2570 or 1.2480...

Simulations below
1.2570 minus 164 pips = 1.2406
1.2480 plus 164 pips = 1.2644

This means either 1.2644 or 1.2406 will happen tomorrow...

✓1.2406 has 55% chance
✓1.2644 has 25% chance
✓none of the two prices Happening has 20% chance.
Quoting Georginson
{quote} ✓1.2406 has 55% chance ✓1.2644 has 25% chance ✓none of the two prices Happening has 20% chance.
Hey sir, can you please explain how do you calculate the probability behind the possible price movement. Like what criteria you used?
Always want to do this but don't know where to start, instead i simply trade infavour of market structure, red data figures, daily candle formation and mostly liquidity levels.
The problem here, when the level holds, thats great, but price going to your TP, thats a different story.
Leap of faith can make you go from zero to hero real quick!
Quoting Fardeen1209
{quote} Hey sir, can you please explain how do you calculate the probability behind the possible price movement. Like what criteria you used? Always want to do this but don't know where to start, instead i simply trade infavour of market structure, red data figures, daily candle formation and mostly liquidity levels. The problem here, when the level holds, thats great, but price going to your TP, thats a different story.
The one that has highest chance factors in the current momentum and the distance of the current price to the anticipated marked out area.

For instance, 1.2495 (price as at typing then) is much closer to 1.2406 and much farther from 1.2644.

Also number of times price doesn't move up to 164 pips Range within first two trade days is 1 out of five months... Which means 20% of the time.
Quoting eyefeelsix
{quote} stop-loss level updated {image}
again.. yesterday was failed for my bull to get the zone, but let it flow let it slow, my plan for today is bearish in my eyes
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 20 KB
Real Time --- t.me/FXGoldWatch
Quoting damsak
Yeah GBP as expected yesterday just broken zones and gone down Now the market in a short term scalp buy zone {image} https://youtu.be/91ACf7JZuDY
Just reverse to the up from the expected reverse zones
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
Quoting Georginson
{quote} The one that has highest chance factors in the current momentum and the distance of the current price to the anticipated marked out area. For instance, 1.2495 (price as at typing then) is much closer to 1.2406 and much farther from 1.2644. Also number of times price doesn't move up to 164 pips Range within first two trade days is 1 out of five months... Which means 20% of the time.
Ohh thank you sir
Leap of faith can make you go from zero to hero real quick!
coffe time..watching RBA ..hopes.can drag GU to moon
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20230502_094728.jpg Size: 207 KB
Quoting Fardeen1209
{quote} Ohh thank you sir
Gu is in a tight range...I wouldnt fucking trade it!!!
Quoting voeltoez
coffe time..watching RBA ..hopes.can drag GU to moon {image}
why would RBA move the GU????
Quoting ninner
{quote} why would RBA move the GU????
just wait and see..i said i hope..stronger or weaker aud will effect usd
Quoting Haydel
{quote} If price doesn't continue climbing from here, a retest of 1.2500 is possible. Should I buy more there? We'll see. {image}
Bought some more. We'll see.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
Quoting voeltoez
{quote} just wait and see..i said i hope..stronger or weaker aud will effect usd
id be suprised but we will see. best of luck with your trades.
40 traders viewing now, 1 is a member:
luisinho