Cable Update (GBPUSD) | Page 38649 | 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)

  • #772,961
  • Sep 6, 2023 6:32am Sep 6, 2023 6:32am
Quoting Elysion
{quote} Ah yeah, after giving it a thought I was confused by myself. Yes you're correct. I'm dumb hah, probably exhausted frm looking at the charts
Yeah i agree too much looking at the chart is exhausting, especially in this choppy range which you need to look for the bias.
I look at the chart every 2 hr to see any development in favour or against my position.

Rest of the time reading books or watching the new One Piece on Netflix
More time in the market, does not mean you trade better!
  • #772,962
  • Sep 6, 2023 6:33am Sep 6, 2023 6:33am
USD/CAD Short
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD H1.png Size: 16 KB
  • #772,963
  • Sep 6, 2023 6:34am Sep 6, 2023 6:34am
Quoting PeterCaleb
Hidden
The institutions, mechanisms, and functions of the FOREX -- the things that determine PA -- are far removed from your personal philosophical version of real life. Your BS version of real life is irrelevant to currency trading. My GY trades are up right now because I understand the forex market, and don't waste my time contemplating irrelevancies like the layers of society, or historic impact on various forms of manufacturing of slave labor, and whatever the hell else is rattling around in your empty head.
  • #772,964
  • Sep 6, 2023 6:35am Sep 6, 2023 6:35am
Quoting Coreg2004
{quote} Fardeen, I agree. 1.2565 is also YCL, WL, and today's NY Open. If GU is going up this level has to be taken out. {image}

MY OPINION NOT FINANCIAL ADVISE
  • #772,965
  • Sep 6, 2023 6:35am Sep 6, 2023 6:35am
Quoting PeterCaleb
{quote} I'll happily give you hints or pointers but there is no point whatsoever in me laying it out for you, then for you to say "I don't agree with that. I don't like that. I don't believe that." ...
You are a little prejudiced mate. I am happy to listen anyone including you if they gonna lay an analysis. I don't insult people who put time and effort to share their analysis here. We all need different povs, different ideas. That's the point of forums. We may not agree all the time, but i would respect your analysis. As long as this respect is mutual.

So my request from you is: lay your hints and analysis here. I am sure many members here will respect it even if they disagree. It may take time to answer all the questions, but it will be less draining than arguing with fellow members. And i am sure at least some people will learn new things from you. This thread is read by hundreds of traders from all around the world after all.

Cheers
You have to have an IQ higher than 90 to interact with this user.
  • #772,966
  • Sep 6, 2023 6:36am Sep 6, 2023 6:36am
Quoting birdland
{quote} yes, everything is there. ADR low, dailyS3, and below 1.2525 are many supportlines. BUT the market is as we know unpredictable. its just probabilities;-)
it remains so;-)
trading is like dancing, don't think and just listen to the music!
  • #772,967
  • Sep 6, 2023 6:38am Sep 6, 2023 6:38am
Quoting TheWraith
USD/CAD Short {image}
Took some profit now. Started to fall even before the news. Nice... covering some of the loss from the morning.
  • #772,968
  • Sep 6, 2023 6:42am Sep 6, 2023 6:42am
BoC rate hike leaked hahahahahah... if BoC raises rates by 25bps now, then you can be sure as fuc* this market is so fuc'ing manipulated to the core it's funny!

Just waiting to see if they will raise or not. Leaked interest rate hike? Forecast is for no hike.

Meanwhile Hourly will confirm Short in 18 minutes on GBP/USD.
  • #772,969
  • Sep 6, 2023 6:42am Sep 6, 2023 6:42am
Ah got liquidated
Might enter again for another long.
Exhausted
  • #772,970
  • Sep 6, 2023 6:43am Sep 6, 2023 6:43am
Quoting Elysion
{quote} Ah yeah, after giving it a thought I was confused by myself. Yes you're correct. I'm dumb hah, probably exhausted frm looking at the charts
Here an example which PAT explained very long time ago and a live example happen in front of me
Attached File(s)
File Type: pdf Fakeout PAT and Engulf(BOS).pdf   334 KB | 426 downloads
More time in the market, does not mean you trade better!
  • #772,971
  • Sep 6, 2023 6:44am Sep 6, 2023 6:44am
I’ve been away for a while but things are still the same. I hate that such a fine art as trading the financial exchange markets are being smeared and diluted on this thread while in fact we should be collaborating on success. There are a few attention hoarders in here that are just spewing nonsense. Distracting the main goal. I mean nobody can really trade in a stressful environment, and honestly anything that takes my mind off of the Goal has to go.

so let’s try to ignore the bullshit and focus on trading, and try to bring back a higher standard for this type of environment. I have other obligations but I would like to see a turn around in the environment. Lonely people NEED attention no matter if it’s good or bad. And that’s facts.
be a thinker before being a reacter
  • #772,972
  • Sep 6, 2023 6:44am Sep 6, 2023 6:44am
Quoting pipfarm
Short set up for me H1 However there is some momentum divergence on H4 (price LH-LL momentum LH-HL) which does not bode well for this trade {image}
That was a long wait for the drop, still concerned by the divergence but gold signalled short earlier too.

Before and after
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 33 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1- after.png Size: 34 KB
Follow The Markets Structure - Patience and Discipline
  • #772,973
  • Sep 6, 2023 6:45am Sep 6, 2023 6:45am
Look at GBP/CAD!! 10 pips up and down in seconds!!
  • #772,974
  • Sep 6, 2023 6:49am Sep 6, 2023 6:49am
Quoting TheWraith
Look at GBP/CAD!! 10 pips up and down in seconds!!

With hindsight that would of been an easy short on H1 with the trendline break and those big wicks on the last two candles at the top plus h4 direction was down, so a lot factors leading.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADH1.png Size: 36 KB
Follow The Markets Structure - Patience and Discipline
  • #772,975
  • Sep 6, 2023 6:50am Sep 6, 2023 6:50am
Slowly volatility creeping back into the market. Data in 10 mins if the data is green then we are knocking on 12380 area again which is where it touched before hitting 131
Insane in the Brain..
  • #772,976
  • Sep 6, 2023 6:50am Sep 6, 2023 6:50am
Quoting TheWraith
Look at GBP/CAD!! 10 pips up and down in seconds!!
That the stop hunt for people setting up long or short for quick profits in front of the red news!
  • #772,977
  • Sep 6, 2023 6:52am Sep 6, 2023 6:52am
nothing changed mf
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 20 KB
yes yes yes
  • #772,978
  • Sep 6, 2023 6:53am Sep 6, 2023 6:53am
Closing 75% off my shorts +57p, GOLD already flying
More time in the market, does not mean you trade better!
  • #772,979
  • Sep 6, 2023 7:01am Sep 6, 2023 7:01am
Quoting Moty
nothing changed mf {image}
lololol
  • #772,980
  • Sep 6, 2023 7:01am Sep 6, 2023 7:01am
Straight to TP

ny
MY OPINION NOT FINANCIAL ADVISE
604 traders viewing now, 1 is registered:
SublimeSear