Cable Update (GBPUSD) | Page 37193 | 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)

  • #743,841
  • May 3, 2023 6:17am May 3, 2023 6:17am
GJ long scalp 169.500 SL 169.000 TP new high
People don't plan to lose. They lose because they don't plan.
  • #743,842
  • May 3, 2023 6:23am May 3, 2023 6:23am
Quoting ScalaFX
GJ long scalp 169.500 SL 169.000 TP new high
If I have this right, this implies that you believe the FOMC will come with a greater increase than .25 or is something else happening like the UK elections that you believe will impact GU?
  • #743,843
  • May 3, 2023 6:27am May 3, 2023 6:27am
Ready for WW3... Hell to break loose over forex. Nobody plays with Russia.
  • #743,844
  • May 3, 2023 6:27am May 3, 2023 6:27am
Quoting dantpm
{quote} If I have this right, this implies that you believe the FOMC will come with a greater increase than .25 or is something else happening like the UK elections that you believe will impact GU?
I think that will be combo, higher increase and elections
People don't plan to lose. They lose because they don't plan.
  • #743,845
  • May 3, 2023 6:28am May 3, 2023 6:28am
eurcad correcting from where it is now aprox 15035 to around 14800
POSTMASTER
  • #743,846
  • May 3, 2023 6:29am May 3, 2023 6:29am
euraud is short
POSTMASTER
  • #743,847
  • May 3, 2023 6:31am May 3, 2023 6:31am
cable & gold are long
Always from a swing trading mode
POSTMASTER
  • #743,848
  • May 3, 2023 6:33am May 3, 2023 6:33am
Quoting Robinhood1
cable & gold are long Always from a swing trading mode
I think opposite, maybe just fast spike but overall we will see huge dump at this pairs soon
People don't plan to lose. They lose because they don't plan.
  • #743,849
  • May 3, 2023 6:33am May 3, 2023 6:33am
We have one of those anomalies where GU and USDX are both rising! EU is dropping.
  • #743,850
  • May 3, 2023 6:35am May 3, 2023 6:35am
Algo fully underwater when euraud goes below 1.6481
POSTMASTER
  • #743,851
  • May 3, 2023 6:35am May 3, 2023 6:35am
Quoting Robinhood1
euraud is short
80-90% correlation with GU and GOLD so if short that this pair will be followin
People don't plan to lose. They lose because they don't plan.
  • #743,852
  • May 3, 2023 6:40am May 3, 2023 6:40am
Quoting ScalaFX
{quote}I think opposite, maybe just fast spike but overall we will see huge dump at this pairs soon
Anything is possible. Nevertheless, Algo just taught me a couple of days before how to look at charts correctly and i am confident, seeing it very clear, coming natural.
POSTMASTER
  • #743,853
  • May 3, 2023 6:40am May 3, 2023 6:40am
Quoting ScalaFX
I decided to move out stop loss at GU becouse of data today and price can do some diffrnet things like usually, so adding one more 2518 short for net, now have 2518, 2501, 2490 and GOLD this is important becouse I have some huge lot here, 2011, 2014, 2018, 2019 this is Short levels here I have 2035 stop, I think when hit probably we will see new all time high but Im with the bears now and targeting 1960 and 1940 in extension. Cheers all and trade safe today, will be crazy day
Im placing two more short at GOLD at 2021 and 2024 if price want take some more LQ with after news release, thats it from me before the storm, I dont change anything, last all as it is, when I come at huge DD I will be thinking whats next, trade safe
People don't plan to lose. They lose because they don't plan.
  • #743,854
  • May 3, 2023 6:43am May 3, 2023 6:43am
Quoting dantpm
We have one of those anomalies where GU and USDX are both rising! EU is dropping.
Could be buying pressure coming in GU for FOMC, but 2 red data waiting before FOMC.
We already get a minor BOS that took out Tuesday High

But not comfortable to add long here, due to the QM (Ignored Supply zone) on 4hr
More time in the market, does not mean you trade better!
  • #743,855
  • May 3, 2023 6:43am May 3, 2023 6:43am
Quoting ScalaFX
GJ long scalp 169.500 SL 169.000 TP new high
protected
People don't plan to lose. They lose because they don't plan.
  • #743,856
  • May 3, 2023 6:44am May 3, 2023 6:44am
Quoting ScalaFX
{quote} 80-90% correlation with GU and GOLD so if short that this pair will be followin
Maybe, euraud reversed fom its high and just corrected while eurcad needs a correction and make highs. GU & Gold might now shoot up till this is done, it is also a correlation this behavour.
POSTMASTER
  • #743,857
  • May 3, 2023 6:44am May 3, 2023 6:44am
buy after the FOMC statement today and then sell after the press conference

i don't expect GBP/USD or EUR/USD to be bullish in the weeks ahead
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #743,858
  • May 3, 2023 6:49am May 3, 2023 6:49am
Quoting ForexGoose
buy after the FOMC statement today and then sell after the press conference i don't expect GBP/USD or EUR/USD to be bullish in the weeks ahead
How about more sideways
POSTMASTER
  • #743,859
  • May 3, 2023 6:54am May 3, 2023 6:54am
Quoting ScalaFX
{quote} 80-90% correlation with GU and GOLD so if short that this pair will be followin
I have not checked correlations between pairs but thinking comun sense, if gold goes up aussi too as that is where a big part of Gold comes from. Offer & demand.
POSTMASTER
  • #743,860
  • May 3, 2023 6:54am May 3, 2023 6:54am
i don't see any reason to buy if the price can't exceed 1.261
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2023-05-03_07-53-49.png Size: 37 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
1,073 traders viewing now, 4 are registered:
smtchris71
,
,
WhiteMouseFX
,