Cable Update (GBPUSD) | Page 37406 | 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)

  • #748,101
  • May 29, 2023 3:35am May 29, 2023 3:35am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2023-05-29-11-32-50-599-edit_net.metaquotes.metatrader4.jpg Size: 801 KB
yes yes yes
  • #748,102
  • May 29, 2023 3:36am May 29, 2023 3:36am
Quoting lucaswalliam
{quote} Monday was equally unkind to me, and I've already lost $100.
average dude treading water
  • #748,103
  • May 29, 2023 3:39am May 29, 2023 3:39am
Quoting lucaswalliam
{quote} Monday was equally unkind to me, and I've already lost $100.
Same I lost 300 during Asian session, made it back during Frankfurt though.
Take care man.
Exhausted
  • #748,104
  • May 29, 2023 3:41am May 29, 2023 3:41am
Quoting Ferna
{quote} alot of eel pie is proably being ordered right now so GU will undoubtely rise until breakfeast is over, then settle until lunch begins. i bought some bacon & eggs myself alomg with some GU.
now im short on the pound
You have an IQ lower than 90 if you interact with this user.
  • #748,105
  • May 29, 2023 3:49am May 29, 2023 3:49am
Quoting Ferna
{quote} alot of eel pie is proably being ordered right now so GU will undoubtely rise until breakfeast is over, then settle until lunch begins. i bought some bacon & eggs myself alomg with some GU.
now im long i mean. Choppy
proably gona close trade since im busy with other stuff. How can one analyse a bank holiday anywa? its proably just bouncing around like on a pinball game.
You have an IQ lower than 90 if you interact with this user.
  • #748,106
  • May 29, 2023 3:53am May 29, 2023 3:53am
Quoting eyefeelsix
UK Bank Holiday, US Bank Holiday.. so who is driving the market now? ghost? lol
Its just us - lets pump it like a shitcoin haha

I reckon its a hard battle today - but Im maintaining a short USD bias - buy only the dips with extreme oscillator readings.

Having said that though I can understand why many would long USD - a lot of textbook technicals appearing across the pairs to support a long.
  • #748,107
  • May 29, 2023 3:54am May 29, 2023 3:54am
Today's likely gonna be a choppy and slow day
I'm out of long. Took 5 - 7 pips.
Profit is profit.
Oh well.
Exhausted
  • #748,108
  • May 29, 2023 4:02am May 29, 2023 4:02am
GU might be forming a bearish flag in H4.
Needs proper validation.
For now I only have
Two upper and three lower points. (Which might be invalidated soon)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20230529_170136.jpg Size: 777 KB
Exhausted
  • #748,109
  • Edited 4:32am May 29, 2023 4:05am | Edited 4:32am
Quoting GODofMC
Testing retrace GJ, may close before LO{image}
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20230529_163056.jpg Size: 843 KB


somehow GJ hit my First TP1, lets see if it can cross to make TP2 and TP3

Hit TP2
now testing TP3
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20230529_124437.jpg Size: 880 KB
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #748,110
  • May 29, 2023 4:44am May 29, 2023 4:44am
GU gave up on long and switched to short.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD(M15)_2023.05.29_183959.gif Size: 95 KB
  • #748,111
  • May 29, 2023 4:48am May 29, 2023 4:48am
My main assumption now is that as countries dump more and more US Treasuries, they have to sell them for dollars. This puts upward pressure on the dollar, but it's a stepping stone, while they move to something else.
  • #748,112
  • May 29, 2023 4:53am May 29, 2023 4:53am
None GU related.
I'm going long on EURAUD.
This is my highest winrate pair so I will focus on this rather than GU.
Exhausted
  • #748,113
  • May 29, 2023 4:54am May 29, 2023 4:54am
D1 kumo split..........most probably, price falling down to ~ 1.2170-75 (bottom edge of daily kumo)near the mountly pivot... . then decides break the kumo or reverse.
Price turnback to where, he escaped from there
  • #748,114
  • May 29, 2023 5:28am May 29, 2023 5:28am
Quoting GODofMC
{quote} copied your short above and TP some in trendline and closed some because of FOMO{image} {image}
market froze, maybe we need to see NYO hours, if not enought movement till then just wait for tomorow GMT+7
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #748,115
  • May 29, 2023 5:30am May 29, 2023 5:30am
Plan for next day or two.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 31 KB
  • #748,116
  • May 29, 2023 6:33am May 29, 2023 6:33am
Returned from vacation to an extremely exciting day
  • #748,117
  • May 29, 2023 6:45am May 29, 2023 6:45am
Just scalping will do today...up and down...

THis is how it goes.

When tuesday starts, it will start trending down probably.
Intraday only.
  • #748,118
  • May 29, 2023 7:30am May 29, 2023 7:30am
To be fair. not taking trades today is generally a better option.
Exhausted
  • #748,119
  • May 29, 2023 7:53am May 29, 2023 7:53am
Long 1.2338 SL 1.2328
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #748,120
  • May 29, 2023 7:57am May 29, 2023 7:57am
Long in... Sl 1.2320
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20230529_195637.jpg Size: 420 KB
187 traders viewing now