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cable short for gbpusd? 10 replies

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Cable (GBPUSD) vs Euro (EURUSD) 31 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Now go and visit Bella.al's 1.242 or navk 1.245!
Nearest support ATM
No short setup, just a possible support
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Buying sheep for good money, Habib albi
Quoting DrDave
{quote} Until M15 makes a lower high, no way H1 has topped out.
yes, the hourly candle loosing strength.

In the next 90 minutes...if the price not making higher highs...it should retrace.
Intraday only.
God damn.
All losing trades today.
Exhausted
i will go short starting from 1.2540 with SL below 1.26.

lets see how it plays out.
No top this time, guys be careful I think, we better just leave our trading station in order to stop losing
Jakepuia
Quoting Whale
{quote} Do you find it useful?
yes seems to be useful in understanding the wave and hence the entry and exit points although im new to it
I see a resistance at 2537...

I dunno it may be old price resistance.

I do not want to hold onto short...

2540 is stop for my short.
Intraday only.
Quoting greed
i will go short starting from 1.2540 with SL below 1.26. lets see how it plays out.
so basically i think its kinda overbought, there will be a retracement at some point and also i believe that after the debt thing in the us is over the dollar has to gain some strength.

this is actually my favorite setup, because you have both, the technical and kind of fundamental (macro/news) on your side.
GU: H4
Next H4 candle will start with Red.
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Don’t blindly follow someone, follow market and try to hear what it is tell
Quoting ForexGoose
{quote} i think that 1.253 is the top before the NFP report {image} i don't know if it can reach 1.261 {image}
ForexGoose, 1.2610 is still in play in my strategy
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Always trade your own plan...I don't provide trading signals.
after PMI news, i wait for setup 1mins chart to short, but theres no displacement causing MSS
So no short tonight, but im short GJ
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done for today
Trade safe guys
Cheers
my loss is your gain
Sorry guys/girls I just don't get it!

All the data is showing that the FED "should" pause.

All today's dollar data should result in a weaker dollar - which it is.

So why are you all counting on dollar strength?

Instead of catching the falling knife it looks like your' trying to cap on oilwell blowout.

So someone tell me what I'm missing - oh BTW I've been trading AUD/USD rather than Cable but I'm long there.
Quoting Elysion
I think I need to reapply back my old method of scalping. This is getting nowhere
You and your band of merry men got squeeeeeeeeeeeeeeeeeeeezed!!!! LOL.....losers
Quoting Georginson
Expect either 1.2533 or 1.2347 between today and tomorrow... Caution is needed. I had a good run in May and will not want to lose it this June.
1.2533 attained... Now expect either 1.28 or 1.21 this June being the last month of the second quarter... 1.28 is looking more likely as far as price trades above 1.2350.

This week high will be limited to 1.2650... bias favours short term selling to target at least 1.2480.
Rejections spur me for greatness!!!
Quoting fx6996
Sorry guys/girls I just don't get it! All the data is showing that the FED "should" pause. All today's dollar data should result in a weaker dollar - which it is. So why are you all counting on dollar strength? Instead of catching the falling knife it looks like your' trying to cap on oilwell blowout. So someone tell me what I'm missing - oh BTW I've been trading AUD/USD rather than Cable but I'm long there.
a professor of mine once said to me "even if its almost right it's still false". this is regarding to your statement "All the data is showing that the FED "should" pause".
Quoting Wavegarrick
{quote} I must say. I am enjoying the ride today GU has not been an easy road for a medium to long term trader, this year. But hey, it makes it so much sweeter when it all comes together. Cheers. {image} {image}
My weekly res 2 at 1.25380 and entered a short trade. I will look at adding towards 1.2550. Target 1.24880. Reason for the trade. Gu overstretched and scalp trades only.
Trade safe,
Cheers.
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Trade to trade another day
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https://www.forexfactory.com/thread/...3#post14446043
Still Learning
Sold at 1,253 as this is resistance on H4 at confluence with fibo level (red).
We will see what will occur...
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He who loves correction loves knowledge, but he who hates reproof is stupid
Quoting SAM1986
{image} {image} https://www.forexfactory.com/thread/...3#post14446043 Still Learning
Buy gbpjpy 173.80 and 173.88 tp 175

Still Learning
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