Cable Update (GBPUSD) | Page 37397 | 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)

  • #747,921
  • May 26, 2023 9:46am May 26, 2023 9:46am
Maybe dwn to supply area at 1.23? that's my thoughts, maybe wont get there today who knows.
Watching & Learning
  • #747,922
  • May 26, 2023 9:47am May 26, 2023 9:47am
Quoting Coreg2004
{quote} Fardeen1209, what if you hadn't seen the axes and I told you that this chart is 30M TF, would you trade it? {image}
Yes, i consider for a retracement after a BOS of external structure and waiting for a 4hr candlestick close which failed to breakout a resistance LQ level to reduce the possibility of getting sweep.
I jump on the short to test whether the LQ level will hold as resistance or not.
More time in the market, does not mean you trade better!
  • #747,923
  • May 26, 2023 9:47am May 26, 2023 9:47am
Quoting dazw6000
Maybe dwn to supply area at 1.23? that's my thoughts, maybe wont get there today who knows.
we’re not too far from it
Insane in the Brain..
  • #747,924
  • May 26, 2023 9:49am May 26, 2023 9:49am
Always trade with the trend, not against it.
Attached Image (click to enlarge)
Click to Enlarge Name: Image 5.png Size: 47 KB
  • #747,925
  • May 26, 2023 9:49am May 26, 2023 9:49am
Quoting Pat Chiko
{quote} Are we like to be in hurry to enter trade or just wait until we can see the set up unfold itself to give a confirmed signal ? GU Not in hurry to get into N3. My set up is on H4, with SRF and confirmed rejection with displacement. This may be a late N3, but very safe with confirmed price action.{image}
im about to begin understand of your trading style, but i need to processing more my brain lagged, sometimes bugged
Like this thing, i keep added losing trade from 1.2350
For so i need to deposit thrice reckless madsaber
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20230526_215117.jpg Size: 541 KB

Thrice reckless mad saber
Attached Image (click to enlarge)
Click to Enlarge Name: images (2).jpeg Size: 37 KB



Quoting T721
{quote} Not for demo. demo is free. try this https://ftmo.com/en/faq/how-about-the-free-trial/
Thanks, i may try later if i can make 20-50 pips per trade later
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #747,926
  • May 26, 2023 9:50am May 26, 2023 9:50am
Reenter long. Target current daily high.
Don't follow, just trading with guts feeling.

Might even close prematured for a quick scalp of profits.
Exhausted
  • #747,927
  • May 26, 2023 9:53am May 26, 2023 9:53am
Quoting maxi444
{quote} Probably every trader is different, for me only to win money is important. I don't understand how you decide. I don't understand liquidity, scalping, how it is possible to lose a lot of money in forex or how to know what it will be later. I understand only trade or no trade.
Agreed on that. Some people trade without a single price action on their screen, different timeframe trader,
While personally i'm able to manage my trade whether win or lose when i trade a level, and use price action as a confirmation whether the level will hold or not.
At the end of the day, i guess different strategies will give different outcomes, but all that matters is if you start your day with $100 and end your day with $110,irrespective of what strategy you are using, you are good.
More time in the market, does not mean you trade better!
  • #747,928
  • May 26, 2023 9:56am May 26, 2023 9:56am
Quoting Pat Chiko
{quote} Are we like to be in hurry to enter trade or just wait until we can see the set up unfold itself to give a confirmed signal ? GU Not in hurry to get into N3. My set up is on H4, with SRF and confirmed rejection with displacement. This may be a late N3, but very safe with confirmed price action.{image}

GU

Never forget for Partial TP ,as it reduce the tension of trying to get home run.
By this way, it will help you to focus on balance of the trade and try to get into positive Stop once price start to move further from immediate S&R zone.

Attached Image (click to enlarge)
Click to Enlarge Name: gu 147.jpg Size: 183 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #747,929
  • May 26, 2023 9:57am May 26, 2023 9:57am
Quoting mysterio
anyone know where GU is going this afternoon. i'm in a buy with 2 pips drawdown that has been hovering in and out of profit and i cant decide whether to cut or hold to 1.2420 i thought we were just taking out trailing stops post news but now i'm not sure if its just bearish
They got me also almost but last upmove I could exit with profit. Friday afternoon can always be a bit crazy. Now it is choppy, good for me to trade.

News were bad for USD but since 8th of may it get interpreted positiv for USD if economy/price is growing so I'm also surprised about today. Also numbers are same impact but different behaviuour of USD.

Down move was because of News. But as I said, interpretation is different since 8th of may (so currently growing economy is US pushes USD up and not down anymore).
  • #747,930
  • May 26, 2023 10:01am May 26, 2023 10:01am
Quoting JackintheBox
{quote} They got me also almost but last upmove I could exit with profit. Friday afternoon can always be a bit crazy. Now it is choppy, good for me to trade. News were bad for USD but since 8th of may it get interpreted positiv for USD if economy/price is growing so I'm also surprised about today. Also numbers are same impact but different behaviuour of USD. Down move was because of News. But as I said, interpretation is different since 8th of may (so currently growing economy is US pushes USD up and not down anymore).
Maybe waiting hike rates and buying obligation.
And they said furthermore about debt ceiling, if us is default by the time every nation will be disorder so they said the only safe haven is only USD. I dont know how this rumor spread, cant every country just left alone that War Maker
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #747,931
  • May 26, 2023 10:03am May 26, 2023 10:03am
Closed all trades and done for the week!
I'm grateful to everyone who answered my questions and offered advice.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 2 KB

Yesterday's negative number is from not using a stop loss.
Funded trader
  • #747,932
  • May 26, 2023 10:04am May 26, 2023 10:04am
Quoting maxi444
{quote} Probably every trader is different, for me only to win money is important. I don't understand how you decide. I don't understand liquidity, scalping, how it is possible to lose a lot of money in forex or how to know what it will be later. I understand only trade or no trade.
sent you DM, if you want to understand liquidity lets get on zoom maybe tomorrow or Sunday
  • #747,933
  • May 26, 2023 10:09am May 26, 2023 10:09am
Do you do group Zoom meetings or 1 to 1?
Quoting T721
{quote} sent you DM, if you want to understand liquidity lets get on zoom maybe tomorrow or Sunday
Funded trader
  • #747,934
  • May 26, 2023 10:11am May 26, 2023 10:11am
Quoting Fardeen1209
{quote} Agreed on that. Some people trade without a single price action on their screen, different timeframe trader, While personally i'm able to manage my trade whether win or lose when i trade a level, and use price action as a confirmation whether the level will hold or not. At the end of the day, i guess different strategies will give different outcomes, but all that matters is if you start your day with $100 and end your day with $110,irrespective of what strategy you are using, you are good.
Nice, best greetings to Pereybere
  • #747,935
  • May 26, 2023 10:15am May 26, 2023 10:15am
Quoting maxi444
{quote} Nice, best greetings to Pereybere
Thanks, my favourite is BlueBay
More time in the market, does not mean you trade better!
  • #747,936
  • May 26, 2023 10:15am May 26, 2023 10:15am
Quoting sbmortimer
Do you do group Zoom meetings or 1 to 1? {quote}
whatever you want just DM me and let me know a suitable time --- PS, im not selling anything, courses, signals etc. Just like to help when i have free time

And you can even put a review of your experience in this thread if you like Just in case people think im a scammer. im not, but no one knows me so they might be hesitant to join
  • #747,937
  • May 26, 2023 10:16am May 26, 2023 10:16am
Bought 1.2324... target 1.2364.... second buy limit at 1.2290...
Data + Stat + Risk/Emotions Management
  • #747,938
  • May 26, 2023 10:16am May 26, 2023 10:16am
Attached Image (click to enlarge)
Click to Enlarge Name: bandicam 2023-05-26 08-23-05-375.png Size: 59 KB
  • #747,939
  • May 26, 2023 10:24am May 26, 2023 10:24am
Quoting Pat Chiko
{quote} GU Never forget for Partial TP ,as it reduce the tension of trying to get home run. By this way, it will help you to focus on balance of the trade and try to get into positive Stop once price start to move further from immediate S&R zone. {image}
GU

Leaving this trades open with positive stop.
I've already put my stop.
To any one who is in LONG position, just make sure you got SL in place (just in case)
Attached Image (click to enlarge)
Click to Enlarge Name: gu 148.jpg Size: 151 KB





I promised no party for this week.
But need to go put a bit. Going to this Club now..
Attached Image (click to enlarge)
Click to Enlarge Name: IMG20230506145530 - Copy.jpg Size: 4.0 MB

Going out for a while to visit some friend at this Gay Club.
Just drop by to say hello to few friend
Promise, I just drop in 5 mins then off I go... Promise....
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #747,940
  • May 26, 2023 10:26am May 26, 2023 10:26am
Quoting Pat Chiko
{quote} GU Leaving this trades open with positive stop. I've already put my stop. To any one who is in LONG position, just make sure you got SL in place (just in case){image} I promised no party for this week. But need to go put a bit. Going to this Club now..{image} Going out for a while to visit some friend at this Gay Club. Just drop by to say hello to few friend Promise, I just drop in 5 mins then off I go... Promise....
9070
I'm gonna buy 4D for that number hah
Exhausted
277 traders viewing now, 1 is registered:
TooSlow