Cable Update (GBPUSD) | Page 38257 | 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)

  • #765,121
  • Aug 8, 2023 2:44am Aug 8, 2023 2:44am
Quoting TheWraith
{quote} Okay.. but how do they work really? Does the angle matter and does it matter if line is shifted on the left or right?
Dont get sucked in to the nonsense.....nothing he says makes sense, he just winds people up thats all.
Its all just one persons opinion
  • #765,122
  • Aug 8, 2023 2:47am Aug 8, 2023 2:47am
Quoting ninner
{quote} IF cable closes near the low end of the range have to be bearish and it will stay in its trend channel.
  • #765,123
  • Aug 8, 2023 2:47am Aug 8, 2023 2:47am
Quoting axecap
{quote} Dont get sucked in to the nonsense.....nothing he says makes sense, he just winds people up thats all.

yes of course, that's why the evidence is there in the pic in the chart space on the thread for everyone in the whole world to see.

Caution - I think you may be missing a few marbles.


Peter
Real Trading is not gambling.
  • #765,124
  • Aug 8, 2023 2:51am Aug 8, 2023 2:51am
It's merely the use of probabilities in a way where each situation is an opportunity. If you don't ACTUALLY manage any real money you wouldn't understand.


Peter
Real Trading is not gambling.
  • #765,125
  • Aug 8, 2023 2:51am Aug 8, 2023 2:51am
looking at actual weekly candle cable for me is a scalping untill the the two main events of thursday about Us CPI and Uk GDP of friday. range atm is .27900-27120. By considering the economical developement i still consider cable on a bearish path in medium-long term. Then soer wil be my main strategy with some countertrend positions sometimes.
chaos is just unknown order
  • #765,126
  • Aug 8, 2023 2:55am Aug 8, 2023 2:55am
Quoting voeltoez
all.sl hit...lol..im done ..juat wait for long opportunity {image}
Thank God you're still in profit!
  • #765,127
  • Aug 8, 2023 3:02am Aug 8, 2023 3:02am
Quoting Wavegarrick
{quote} One more buy trade added. Cheers. {image}
I need to clear the air where it is claimed/assumed that when I exit I suddenly have more trades making it look suspicious. Let me explain how I work. Averaging down is a trading strategy used by many traders and investors. When the price drops after you buy it, you do not exit with a loss but instead, buy more. By repeating this process several times, the average purchase price becomes lower. As I don't have time to sit and post trades and charts all day long I usually add trades 10 to 20 pips lower when price drops after I buy. I have a business to run non Forex related. The same applies for averaging up when I sell. This usually helps me when a signal reverses in the opposite direction I can close all trades at a lower average price. A simple money management strategy
Buy trade added.
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_679.png Size: 43 KB
Trade to trade another day
  • #765,128
  • Aug 8, 2023 3:04am Aug 8, 2023 3:04am
D1 Down in line with W1 down

D1 has a nice up rally correction which is an indication of an impulse to follow within the D1 swing

H4 shows the daily up rally correction at level 2

H1 shows the full internal structure of the D1 up rally correction, H1 shows a double top @2790 , a break of 2712 would send H1 into a down trend back in line with D1 down swing
Follow The Markets Structure - Patience and Discipline
  • #765,129
  • Aug 8, 2023 3:06am Aug 8, 2023 3:06am
Quoting kenny4real
{quote} Thank God you're still in profit!
thanks my bro..hope u are on profit too
  • #765,130
  • Aug 8, 2023 3:10am Aug 8, 2023 3:10am
Quoting palpite
buy - 1.2758 - stop loss below the bottom. - 0.05 lot {image}
trade closed - 1.2748

- 11 pips
Together we can be strongest
Vantage Return This Month: na
  • #765,131
  • Aug 8, 2023 3:12am Aug 8, 2023 3:12am
Hahahahah...

EUR/AUD trade went further! Now, it's 100 pips above the TP I had. I closed it 18 pips before TP, had I waited I would have hit TP. I won't be too hard on myself however, I did endure price dropping 3 times before it hit TP. Anyway, another half is still running. GBP/AUD and GBP/NZD trades are doing great!

Currency that is making me problems is CAD. I have two trades with CAD of both of which may be losing unfortunately.

AUD/NZD looks okay, we'll see...
  • #765,132
  • Aug 8, 2023 3:12am Aug 8, 2023 3:12am
Quoting pipfarm
D1 Down in line with W1 down D1 has a nice up rally correction which is an indication of an impulse to follow within the D1 swing H4 shows the daily up rally correction at level 2 H1 shows the full internal structure of the D1 up rally correction, H1 shows a double top @2790 , a break of 2712 would send H1 into a down trend back in line with D1 down swing
Other points to note about GU is that the current W1 swing subdivided into two as seen on D1 , the first swing down subdivided into 5 swings , the second swing down only has one swing down with currently an upswing correction, so it is highly likely for more down swings to follow with the current move up having moved back to support which is now resistance and failed to make any headway past it.


On MN1 the whole big move up is moving against the yearly so it is likely this may be that start of new impulsive swing down, however it is too early to say for sure.
Follow The Markets Structure - Patience and Discipline
  • #765,133
  • Aug 8, 2023 3:12am Aug 8, 2023 3:12am
Quoting Wavegarrick
{quote} I need to clear the air where it is claimed/assumed that when I exit I suddenly have more trades making it look suspicious. Let me explain how I work. Averaging down is a trading strategy used by many traders and investors. When the price drops after you buy it, you do not exit with a loss but instead, buy more. By repeating this process several times, the average purchase price becomes lower. As I don't have time to sit and post trades and charts all day long I usually add trades 10 to 20 pips lower when price drops after I buy. I have...
...very misleading
  • #765,134
  • Aug 8, 2023 3:14am Aug 8, 2023 3:14am
Quoting Waveskierrob
{quote} ...very misleading
post a chart Karen!!!
  • #765,135
  • Aug 8, 2023 3:19am Aug 8, 2023 3:19am
Quoting Waveskierrob
{quote} ...very misleading
You must be drunk again.
Attached Image (click to enlarge)
Click to Enlarge Name: RS12260_474487009.jpg Size: 85 KB
Trade at your own risk.
  • #765,136
  • Aug 8, 2023 3:20am Aug 8, 2023 3:20am
Quoting ninner
{quote} post a chart Karen!!!
I did you Silly Billy, what are you like ...
  • #765,137
  • Aug 8, 2023 3:21am Aug 8, 2023 3:21am
Scalp short Gu
Attached Image (click to enlarge)
Click to Enlarge Name: A4B796D2-D014-4E3D-A13F-A0DC2467B85E.jpeg Size: 410 KB
My telegram: https://t.me/avidforex
  • #765,138
  • Aug 8, 2023 3:25am Aug 8, 2023 3:25am
Quoting Fx3423454
{quote} You must be drunk again. {image}
I wish...
  • #765,139
  • Aug 8, 2023 3:31am Aug 8, 2023 3:31am
Quoting TheWraith
Hahahahah... EUR/AUD trade went further! Now, it's 100 pips above the TP I had. I closed it 18 pips before TP, had I waited I would have hit TP. I won't be too hard on myself however, I did endure price dropping 3 times before it hit TP. Anyway, another half is still running. GBP/AUD and GBP/NZD trades are doing great! Currency that is making me problems is CAD. I have two trades with CAD of both of which may be losing unfortunately. AUD/NZD looks okay, we'll see...

Nice trades , some were the same setups as myself , unfortunately the entries happened overnight so i missed them. Your trading from D1 now, what a massive difference it makes.

Which pairs are your CAD trades, i will take a look.
Follow The Markets Structure - Patience and Discipline
  • #765,140
  • Aug 8, 2023 3:32am Aug 8, 2023 3:32am
Attached Image (click to enlarge)
Click to Enlarge Name: 20230807_142910.jpg Size: 3.3 MB

just finished this chess board has nothing to do with the gbp
people leave, but this thread will go on for ever
1,341 traders viewing now