Cable Update (GBPUSD) | Page 37512 | 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)

  • #750,221
  • Jun 7, 2023 8:56am Jun 7, 2023 8:56am
Is the GJ going down? To pick liquidity at 172.62 for a long?
  • #750,222
  • Jun 7, 2023 8:56am Jun 7, 2023 8:56am
Target done and may be now it will go like this
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2023-06-07_16-55-49.png Size: 12 KB
  • #750,223
  • Jun 7, 2023 8:57am Jun 7, 2023 8:57am
Quoting BeeTogether
{quote} Oh man ! I’m riding a loss on a short, want long at 12460 area
pretty bad.. i was long from 24000 on the way to 25000..
but 24700 spike.. then try to cut.. but it smash me really hard..
now i riding long again looking for 25200..
my heart beat fast
  • #750,224
  • Jun 7, 2023 8:58am Jun 7, 2023 8:58am
switched to short ..
  • #750,225
  • Jun 7, 2023 9:01am Jun 7, 2023 9:01am
Quoting smtchris71
Time to fly Buy at 1.2404 target 1.2500 stoploss 1.2370 FLY CABLE.
manual close.... Profit taken now short target 1.24000
  • #750,226
  • Jun 7, 2023 9:05am Jun 7, 2023 9:05am
Quoting BeeTogether
{quote} you got your spike! Now hammer time
Whenever you need the hammer most...then...
Maybe this bull run isn't over...yet
  • #750,227
  • Jun 7, 2023 9:06am Jun 7, 2023 9:06am
Quoting Bella.al
{quote} Bella's 1st Price Objective is met . Looking for 2nd Price Objective. Bella's Price Objective 1 : 1.24783 Bella's Price Objective 2 : 1.25504 Adjusting Trailing Stop to 1.24467 Locking +40 Pips Bella's GMT Switch {image}
I am in hurry they are moving really fast.

so adjusted trailing stop to 1.24610 Locking +54 Pips

Bella's GMT Switch
Attached Image (click to enlarge)
Click to Enlarge Name: Bella_GMT_03.png Size: 14 KB
Goddess of Thunder..
  • #750,228
  • Jun 7, 2023 9:12am Jun 7, 2023 9:12am
If the BOC is hiking rates despite the real estate part of the economy being in dire straights, perhaps the FED might do same too next week. we could see the dollar appreciating to test recent highs in the coming weeks as investors reprice their positions in the treasuries market.
  • #750,229
  • Jun 7, 2023 9:14am Jun 7, 2023 9:14am
The maximum retrace is 2450 as per my chart
Intraday only.
  • #750,230
  • Jun 7, 2023 9:18am Jun 7, 2023 9:18am
Short 1.2490 for 1.2330
  • #750,231
  • Jun 7, 2023 9:23am Jun 7, 2023 9:23am
Quoting Pat Chiko
{quote} It doesn't work that way. I use Supply & demand / OB zone with S&R . With those tools I can see where liquidity reside. After all price is looking for LQ. One can put any indicator, fib, Pivot ,swquiiggle line, BUT if one don't understand Liqudity and Price Action, they will five step behind.
thanks very much for the informative reply .
  • #750,232
  • Jun 7, 2023 9:25am Jun 7, 2023 9:25am
Quoting navk
The maximum retrace is 2450 as per my chart

1.25 itself is a resistance and not broken
MY OPINION NOT FINANCIAL ADVISE
  • #750,233
  • Jun 7, 2023 9:32am Jun 7, 2023 9:32am
retrace to 1.2450 may be a gamechanger...looking for longs at this level for 1.2630 to 50
Always be prepared
  • #750,234
  • Jun 7, 2023 9:32am Jun 7, 2023 9:32am
Quoting donfriday
{quote} 1.25 itself is a resistance and not broken
for today, the retrace is 2450 i hope.

I agree 2500 is resistance
Intraday only.
  • #750,235
  • Jun 7, 2023 9:33am Jun 7, 2023 9:33am
Short GJ 174.21
Could be wrong
Trade safe mate
my loss is your gain
  • #750,236
  • Jun 7, 2023 9:38am Jun 7, 2023 9:38am
Quoting thevisitor
Short 1.2490 for 1.2330
expecting this to achieve by friday
we'll need dxy to break the high at 104.7 should not be an issue
we were up here to fix the 0x45 orderflow imbalance from NFP
the pair is actually bearish despite today
  • #750,237
  • Jun 7, 2023 9:41am Jun 7, 2023 9:41am
Quoting Wavegarrick
{quote} {quote} My current situation, Here's the thing. I got myself into a bit of a jam here. I am in with a few sells because my system tells me so. However, 1.23911 is the line in the sand and I have been talking about this for weeks now. Could we see a daily or at least a weekly close below. So far no sign but I am getting bearish confirmation signals from an hourly perspective. Hourly Ma's are also converging but I also know that this is where price become very volatile. All in all something big will happen soon trapping buyers or/and sellers....
With a bit of luck I got myself out of my mess as per quoted post. Closed for 150 pips today. I am in with another buy at 1.24800 and will add towards 1.24577/ 1.24500.
Trade safe,
Cheers.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_560.png Size: 41 KB
Click to Enlarge Name: Screenshot_561.png Size: 5 KB
Trade to trade another day
  • #750,238
  • Jun 7, 2023 9:43am Jun 7, 2023 9:43am
Quoting navk
{quote} for today, the retrace is 2450 i hope. I agree 2500 is resistance
news effect?
spike up spike down?
  • #750,239
  • Jun 7, 2023 9:44am Jun 7, 2023 9:44am
i'm so stupid sometimes, there are so many good system , but it doesn't
matter which one I choose if I'm going to go against their rules
This morning I started well with 2 successful trades and a few more that I missed, not bad, then the trend changed, and I'm like a stupid and stubborn donkey, I didn't "agree" to it, and I continued to stay in a position that lost everything I gained yesterday and this morning together and even more
Today with the method I should have earned 40 pips easily if I played on 10 pips profit/loss
And if I were to go aggressive which means doubling after every loss then I could earn 80 pips
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 40 KB
yes yes yes
  • #750,240
  • Jun 7, 2023 9:45am Jun 7, 2023 9:45am
Quoting mysterio
{quote} expecting this to achieve by friday we'll need dxy to break the high at 104.7 should not be an issue we were up here to fix the 0x45 orderflow imbalance from NFP the pair is actually bearish despite today
Yes, but 1.2630 is still intact
505 traders viewing now, 2 are registered:
CrazyTrades
,
giantino2000