Cable Update (GBPUSD) | Page 37347 | 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)

  • #746,921
  • May 23, 2023 4:17am May 23, 2023 4:17am
Quoting alienguy123
{quote} actually do you feel trade crypto much easier?
crypto is too risky for me, it rarely move or it move fast, i dont understand it range

i just trade Gu and Gold mostly
MY OPINION NOT FINANCIAL ADVISE
  • #746,922
  • May 23, 2023 4:18am May 23, 2023 4:18am
Quoting Pat Chiko
{quote} Unless someone who really understand your charts, it will definetly bring value. Not many will gain from it, as it looks plain and "stupid".... BTW, what other are expecting is you put much thought into it. From experience, I see that as an analysis gets progressively complex the probability of it being accurate in prediction goes to 50% or lower. In fact, it's usually lower because investment houses and banks are mostly stupid. some percentage (no idea what the figure is) of their traders are useless. Most , like to guessing....
everyone also got own way to trade, it is due to past result and experience build it (the only one benefit is yourself)
eg moty chart i totally no understand but he can make money on it LOL

and i also agree the news no value for us to interpreted, because good or no good is depend on what direction big money want to go and where is the retailer bet on and against it

So i no longer see the news number whether is good or bad, except i will try to avoid some big news because it tend to too volatile and wipe the position if wrong
  • #746,923
  • May 23, 2023 4:19am May 23, 2023 4:19am
...1st attempt to get north of the thurs/fri double bottom from current dly lo fails, despite the 1hr pinbar close as they turn to sbr.

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 20 KB
Trader with an Edge.
  • #746,924
  • May 23, 2023 4:19am May 23, 2023 4:19am
Quoting donfriday
{quote} crypto is too risky for me, it rarely move or it move fast, i dont understand it range
but rare news affect compare to currency, just lot of rubbish coin, because it is relative small market and full of retailer waiting to been wipe off due to super high leverage
  • #746,925
  • Edited 4:33am May 23, 2023 4:22am | Edited 4:33am
Sigh.
Guess I'll stick to 10 - 20 pips scalp.
Holding positions is barely working out for me.
I keep getting taken out before the market moves in my direction. ffs
Exhausted
  • #746,926
  • May 23, 2023 4:23am May 23, 2023 4:23am
US Default ?


Debt ceiling? What debt ceiling?
Another $375 million for Ukraine.
Attached Image (click to enlarge)
Click to Enlarge Name: debt ceiling 2.jpg Size: 78 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #746,927
  • May 23, 2023 4:23am May 23, 2023 4:23am
Quoting ScalaFX
{quote} Miti, will be oportunity to buy lower today, Im expecting 2360-2340 or lover today to jump mediumterm longs
Okay. Let's see if we hit there today. I know that below 2390 we are heading to 2350.
  • #746,928
  • May 23, 2023 4:25am May 23, 2023 4:25am
Long 1.2388, target 1.2420...
Second buy limit at 1.2358, target 1.2388. all stop at 1.2340.
Data + Stat + Risk/Emotions Management
  • #746,929
  • May 23, 2023 4:28am May 23, 2023 4:28am
Short EU at 0791. TP 0751.
  • #746,930
  • May 23, 2023 4:29am May 23, 2023 4:29am
Quoting Headland
{quote} Bloody Hell Headland, why don't you post something useful instead of silly posts, like maybe illogical analysis, like what you think/feel/expect/predict to happen to price!!! (Thought I'd get in first just incase the Frivolous Posts police are watching!) {image}
  • #746,931
  • May 23, 2023 4:29am May 23, 2023 4:29am
Quoting Pat Chiko
US Default ? Debt ceiling? What debt ceiling? Another $375 million for Ukraine. {image}
Doesn't the Treasury money only last until the end of the month? Where does the money come from.
Just follow the trend.
  • #746,932
  • May 23, 2023 4:30am May 23, 2023 4:30am
Quoting lucaswalliam
{quote} Doesn't the Treasury money only last until the end of the month? Where does the money come from.
Printer ig?
More time in the market, does not mean you trade better!
  • #746,933
  • May 23, 2023 4:38am May 23, 2023 4:38am
News Trading

News trading is not just about looking at the release data.
Then you start making excuses, saying that the data was leaked and that all the big traders already had it.

You must be willing to spend considerable time reading and doing your own research to understand the context of the numbers in the overall economy.
For example, if you study and do your own research on the upcoming UK PMI news, you will be better equipped to trade on the short side.

Most traders are lazy and want free information, lessons, and signals to trade.
However, it takes only two years of dedicated study to become proficient in forex trading.
By the third year, you should be able to break even and start making a profit.

If you do not understand how to trade news, then do not try to do it.
Instead, focus on technical analysis or better still just copy anyone signal in this thread.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #746,934
  • May 23, 2023 4:41am May 23, 2023 4:41am
The UK economy certainly is suffering, & you need to read if you don't think so

The UK is in a downward spiral.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #746,935
  • May 23, 2023 4:41am May 23, 2023 4:41am
Quoting Pat Chiko
News Trading News trading is not just about looking at the release data. Then you start making excuses, saying that the data was leaked and that all the big traders already had it. You must be willing to spend considerable time reading and doing your own research to understand the context of the numbers in the overall economy. For example, if you study and do your own research on the upcoming UK PMI news, you will be better equipped to trade on the short side. Most traders are lazy and want free information, lessons, and signals to trade. However,...
Exactly right. How should I go about researching it? Are there any books recommendations? Boss
Just follow the trend.
  • #746,936
  • May 23, 2023 4:47am May 23, 2023 4:47am
This is fucking bullshit
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_2023-05-23-12-17-06-430_net.metaquotes.metatrader4.jpg Size: 719 KB
Click to Enlarge Name: Screenshot_2023-05-23-12-46-44-039_net.metaquotes.metatrader4.jpg Size: 546 KB
yes yes yes
  • #746,937
  • May 23, 2023 4:50am May 23, 2023 4:50am
DXY view
still below green (yellow) line = still is gbp for buy
Attached Image (click to enlarge)
Click to Enlarge Name: forex.jpg Size: 313 KB
Trendlines H1,H4, SMC
  • #746,938
  • Edited 5:06am May 23, 2023 4:55am | Edited 5:06am
Quoting Moty
This is fucking bullshit {image} {image}
MC is Night my Friend, MC is night
when my indicator not work, it only mean one thing. TREND
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #746,939
  • May 23, 2023 4:59am May 23, 2023 4:59am
Bulls have gone into full time retirement mode. The UK data not helpful at all. Although IMF has said UK will not go into a recession this year

Insane in the Brain..
  • #746,940
  • May 23, 2023 5:00am May 23, 2023 5:00am
Quoting Moty
This is fucking bullshit {image} {image}
we are scrapping the bottom I believe. Could see a move back upto 12430-40 later in the day. 125 doesn’t look likely
Insane in the Brain..
425 traders viewing now, 3 are registered:
Mrbhatti
,
Abdimalik254
,
RaviKanthrao