Cable Update (GBPUSD) | Page 38527 | 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)

  • #770,521
  • Aug 25, 2023 8:36am Aug 25, 2023 8:36am
Quoting DrDave
{quote} It will be fine if price goes down only enough to make M30 retrace and then return up. After that can be H2 drop into a down continuation.
and what is h2 target?
Attached Image (click to enlarge)
Click to Enlarge Name: 585AC65C-C193-4A35-AB17-2E8267F7DEB9.png Size: 65 KB
  • #770,522
  • Aug 25, 2023 8:39am Aug 25, 2023 8:39am
Quoting Ferna
{quote} Ah i see you are stuck in a spell.
you are the same moron like your friend I can pay you too
People don't plan to lose. They lose because they don't plan.
  • #770,523
  • Aug 25, 2023 8:39am Aug 25, 2023 8:39am
Quoting DrDave
{quote} You sound like this thread is somethng of actual importance--
That's funny.

But unfortunately, it might be important to people who want to learn something.

I guess a small handful of people are ruining it for good intentioned newbie traders.
Trade at your own risk.
  • #770,524
  • Aug 25, 2023 8:40am Aug 25, 2023 8:40am
Quoting Fx3423454
{quote} That's funny. But unfortunately, it might be important to people who want to learn something. I guess a small handful of people are ruining it for good intentioned newbie traders.
oh my God! What a sweet post! I will be crying one more time!
People don't plan to lose. They lose because they don't plan.
  • #770,525
  • Aug 25, 2023 8:45am Aug 25, 2023 8:45am
reason i hate using tight stops


short at 1.2621 hit sl and straight to TP
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot_20230825134505.jpeg Size: 37 KB
MY OPINION NOT FINANCIAL ADVISE
  • #770,526
  • Aug 25, 2023 8:46am Aug 25, 2023 8:46am
NY scalping. Ready to take profit.
Attached Image (click to enlarge)
Click to Enlarge Name: 1E5A352E-AC14-4483-A1DF-EA21DDEDFF08.png Size: 31 KB
How to succeed in zero sum game?
  • #770,527
  • Aug 25, 2023 8:48am Aug 25, 2023 8:48am
Quoting Fx3423454
{quote} That's funny. But unfortunately, it might be important to people who want to learn something. I guess a small handful of people are ruining it for good intentioned newbie traders.
Don't try to trick people mate. Saying "GU short" won't help others, as long you don't explain "why". That's called giving fish, not teaching how to fish. I hope newcomers won't fall into your trap. You seem like you are here to get attention, catch some followers and sell them signals, since you don't explain anything.
You have to have an IQ higher than 90 to interact with this user.
  • #770,528
  • Aug 25, 2023 8:49am Aug 25, 2023 8:49am
Quoting birdland
GU is in a downside channel inside an uptrend {image}
Interesting thought.

Look at the Weekly. Price is making a swing down that is more likely to be a new down trend starting than to be merely another pullback. Prior to this, from the low in the end of September, 2022, Weekly is clearly in an uptrend that built the MN rally swing.

So, with the Daily building this weekly swing down, Daily MUST go into a down trend. And it is likely this this is starting the return back to the down trend of the MN.
To free Gazans of Hamas, use whatever it takes.
  • #770,529
  • Aug 25, 2023 8:50am Aug 25, 2023 8:50am
Just in case you missed it, the opening DXY gap was closed in the NY session.
  • #770,530
  • Aug 25, 2023 8:52am Aug 25, 2023 8:52am
That's how you teach ppl how to catch a fish. They don't need my signal to go long or short now.


Attached Image (click to enlarge)
Click to Enlarge Name: Adsız.jpg Size: 113 KB
You have to have an IQ higher than 90 to interact with this user.
  • #770,531
  • Aug 25, 2023 8:53am Aug 25, 2023 8:53am
Quoting DrDave
{quote} Interesting thought. Look at the Weekly. Price is making a swing down that is more likely to be a new down trend starting than to be merely another pullback. Prior to this, from the low in the end of September, 2022, Weekly is clearly in an uptrend that built the MN rally swing. So, with the Daily building this weekly swing down, Daily MUST go into a down trend. And it is likely this this is starting the return back to the down trend of the MN.

zoom deeper u will see a 3 years print of Vshape....the target is up 1.4 to 1.5 might take a while
MY OPINION NOT FINANCIAL ADVISE
  • #770,532
  • Aug 25, 2023 8:57am Aug 25, 2023 8:57am
Quoting DrDave
{quote} Interesting thought. Look at the Weekly. Price is making a swing down that is more likely to be a new down trend starting than to be merely another pullback. Prior to this, from the low in the end of September, 2022, Weekly is clearly in an uptrend that built the MN rally swing. So, with the Daily building this weekly swing down, Daily MUST go into a down trend. And it is likely this this is starting the return back to the down trend of the MN.
I actually agree with you here, because MN is clearly in a downward trend.

but the daily trend is still upwards, and it will not leave this trend to MN without a fight;-)

we may not see 1.3141 anytime soon, but the 1.28-1.29 territory is definitely achievable.
trading is like dancing, don't think and just listen to the music!
  • #770,533
  • Aug 25, 2023 8:57am Aug 25, 2023 8:57am
Come on mister powell
Sl 1.26280
Tp 1.25520
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2023-08-25-16-55-18-909_net.metaquotes.metatrader4-edit.jpg Size: 730 KB
yes yes yes
  • #770,534
  • Aug 25, 2023 8:57am Aug 25, 2023 8:57am
Quoting Ferna
{quote} oh yeah you made me laugh so hard with that one. Tell me it’s some kind of advanced sarcasm. And then with ur profile pic on the top to add some spice
If you are laughing, i am in the right direction. I would seriously question myself if we had the same opinion Now back off kid, we have Powell speech.
You have to have an IQ higher than 90 to interact with this user.
  • #770,535
  • Aug 25, 2023 9:06am Aug 25, 2023 9:06am
Quoting Moty
Come on mister powell Sl 1.26280 Tp 1.25520 {image}
Mf !!!!!
Stopped out
Re entered
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2023-08-25-17-05-38-889_net.metaquotes.metatrader4-edit.jpg Size: 743 KB
yes yes yes
  • #770,536
  • Aug 25, 2023 9:09am Aug 25, 2023 9:09am
powell hawkish by now, wait for the press questions to confirm the direction
You have to have an IQ higher than 90 to interact with this user.
  • #770,537
  • Aug 25, 2023 9:09am Aug 25, 2023 9:09am
Spike up and then boom down. What’s Powell saying?
Insane in the Brain..
  • #770,538
  • Aug 25, 2023 9:09am Aug 25, 2023 9:09am
Quoting Whale
{quote} and what is h2 target? {image}
That's the interesting thing about financial time series: All kinds of "systems" have been concocted to try to produce a specific target (predict/guess where price is going). And as can be observed, they do a poor job of it; sometimes overshoot, sometime undershoot, so a big "fudge factor", called a "range of values", gets introduced so that the hit rate for the predicted value is improved.

A chaos model has a very good explanation for this, as well as the often seen unexpected price spikes and other "strange" price behavior. Price is a point moving in chaotic space. Therefore, it is IMPOSSIBLE to predict its next value. The BEST we can do is "zoom out" (scaling) for a bigger view to see the most recent strange attractor (significant swing high or swing low) where price landed, get the direction that price now must travel to reach the next strange attracor for this scale level, and then "zoom in" and trade the strange attractors on this smaller scale in the same direction as dictated by the bigger view.

In conventional terms, the best we can do is find a swing bar on a larger TF, look to see which direction price heads from there, then trade the swings on smaller TFs in that direction. As price moves away from a strange attractor, exactly where it will stop is IMPOSSIBLE to predict. The best we can do is wait for price to reach that next strange attactor and begin to move away before we can say that the swing is completed.

In fact, look at GU right as I write this. Look at that spike up. NOBODY can predict where it will stop.

(I simply know that I already have a long position running with an expectation that TFs smaller than H2 need to make some downward movement and then head back upward as part of a larger TF in which price is moving from a Low strange attractor upward toward a corresponding High strange attractor.)
To free Gazans of Hamas, use whatever it takes.
  • #770,539
  • Aug 25, 2023 9:12am Aug 25, 2023 9:12am
powell hawkish so i dont know why the buying except to pump and dump
short trump and go long the deepstate
  • #770,540
  • Aug 25, 2023 9:14am Aug 25, 2023 9:14am
Quoting Zebi
powell hawkish so i dont know why the buying except to pump and dump
Here is a viable explanation.
To free Gazans of Hamas, use whatever it takes.
245 traders viewing now