Cable Update (GBPUSD) | Page 38663 | 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)

  • #773,241
  • Sep 7, 2023 5:02am Sep 7, 2023 5:02am
Quoting BeeTogether
{quote} 12750? Today? Was my area for this week but I can’t see it as we are well below 125.
He's swing trading so it could take a couple of days/weeks for it to reach.
Exhausted
  • #773,242
  • Sep 7, 2023 5:03am Sep 7, 2023 5:03am
you can't change the weekly I suggest looking at right now
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #773,243
  • Sep 7, 2023 5:03am Sep 7, 2023 5:03am
Strong reaction at 1.248x
Hmm, have to wait and see if 1.246 holds.
Exhausted
  • #773,244
  • Edited 5:18am Sep 7, 2023 5:08am | Edited 5:18am
Wyckoff on Dow Jones Dollar Index

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (382).png Size: 51 KB


IF daily candle spike up to the supply Zone, the ceiling of the re-accumulation range (denoted by the Automatic Rally-AR) confirms uptrend.

However, as it can be seen, the daily candle stick becomes narrower, there after the supply is consumed, price might fall within the range for later a push up one more time.

Either it will be a true breakout or simply a fake out.
Which one it will be?
Attached Image (click to enlarge)
Click to Enlarge Name: I guess we’ll never know.jpg Size: 47 KB

Until it becomes a hindsight
More time in the market, does not mean you trade better!
  • #773,245
  • Sep 7, 2023 5:08am Sep 7, 2023 5:08am
Quoting Bones
you can't change the weekly I suggest looking at right now
Weekly is definitely down, but there's no saying that the market only moves one sided in lower tf of hourly
Exhausted
  • #773,246
  • Sep 7, 2023 5:10am Sep 7, 2023 5:10am
U.S. Dollar Index Forecast Based On The Indicator.

1.076 CRITICAL

(Fardeen, I don't know when Japan can intervene, but look out for 1.076 on DXY for one possible clue when it could happen. We know Japan is the most efficient USD seller of all time (Shorting USD/JPY from 152 hahahah), so the fall of USD is highly likely to start with Japan's intervention which would of course also mean a reversal up on GBP/USD.)

Jolita did claim DXY is known for spiking and then exhausting, so this scenario isn't impossible. We'll see... still a lot of days in front of in September.
We will be watching the news from Japan of course and how vocal they are. USD/JPY is still not at 150 yet.

Forecast is simple:
Attached Image (click to enlarge)
Click to Enlarge Name: DXY Monthly.png Size: 25 KB
  • #773,247
  • Sep 7, 2023 5:10am Sep 7, 2023 5:10am
Quoting Luxyus
{image} DX index Wyckoff analysis integrated with Fibonacci speed resistance fan. it looks in Accumulation process, approaching phase D and expecting a mark up before end of the year. I ll continue to short fiber and cable
updating chart attached
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 228 KB
chaos is just unknown order
  • #773,248
  • Sep 7, 2023 5:12am Sep 7, 2023 5:12am
Quoting T721
{quote} No one knows when they will intervene, but when they do it will drop 1000pips easy
Agreed, mr T.
Last 2 intervention got my hand in without knowing it was the actual intervention.
1st intervention my tp level was only 70pips
2nd one 257pips

But both of these trade have something in common, they were based on weekly tf resistance level.
More time in the market, does not mean you trade better!
  • #773,249
  • Sep 7, 2023 5:15am Sep 7, 2023 5:15am
add up why you can't change the weekly were in
1) Look at the weekly
2) Look at last failure weekly
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-09-07 at 11.12.25.png Size: 47 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #773,250
  • Sep 7, 2023 5:16am Sep 7, 2023 5:16am
Quoting TheWraith
U.S. Dollar Index Forecast Based On The Indicator. 1.076 CRITICAL (Fardeen, I don't know when Japan can intervene, but look out for 1.076 on DXY for one possible clue when it could happen. We know Japan is the most efficient USD seller of all time (Shorting USD/JPY from 152 hahahah), so the fall of USD is highly likely to start with Japan's intervention which would of course also mean a reversal up on GBP/USD.) Jolita did claim DXY is known for spiking and then exhausting, so this scenario isn't impossible. We'll see... still a lot of days...
Yup agreed mate, my interest starts at 149. Anything after that, i'll start monitoring US10Y and UJ again and BOJ tones. Hope to get some quick profit in matter of hours
More time in the market, does not mean you trade better!
  • #773,251
  • Sep 7, 2023 5:17am Sep 7, 2023 5:17am
Quoting Yngwie
Long 1.2465 SL 1.2445
WTF After running 25p hit BE just like that
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #773,252
  • Sep 7, 2023 5:28am Sep 7, 2023 5:28am
Quoting Yngwie
{quote} WTF After running 25p hit BE just like that
Ikr, same here hahha
Exhausted
  • #773,253
  • Sep 7, 2023 5:28am Sep 7, 2023 5:28am
Quoting knkie
longs are going to get burned at least until 2422
all the way down to 22
in wondering about yourself, you forgot what you came here to be part of
  • #773,254
  • Sep 7, 2023 5:30am Sep 7, 2023 5:30am
Long again 1.2450
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #773,255
  • Sep 7, 2023 5:31am Sep 7, 2023 5:31am
this drop is insane!! 126 looking miles away! (12750 is a wet dream at the moment lol)
Insane in the Brain..
  • #773,256
  • Sep 7, 2023 5:34am Sep 7, 2023 5:34am
Quick scalp!
Longs are crazy? not every bottom and divergence works my friend... I went short based on data.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 4.png Size: 28 KB
Click to Enlarge Name: 5.png Size: 58 KB
  • #773,257
  • Sep 7, 2023 5:34am Sep 7, 2023 5:34am
Easy money
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20230907_133409.jpg Size: 330 KB
yes yes yes
  • #773,258
  • Sep 7, 2023 5:35am Sep 7, 2023 5:35am
Quoting cablekingdom
In short @1.2462--- 1st short--- will add more -- Tp-1.2420--- S2 Sl-- 1.2480
Added short @1.2452
  • #773,259
  • Sep 7, 2023 5:35am Sep 7, 2023 5:35am
Quoting eyefeelsix
{quote} Today market outlook on my chart for GBPUSD {image} Edited Note Green line --- Short term Red line ------ Medium term Blue line ----- Long term

keep drilling baby $8k safe by trailing stop

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 42 KB
https://breakpullback.com
  • #773,260
  • Sep 7, 2023 5:37am Sep 7, 2023 5:37am
Quoting jordanvic
GU looks so tempting for a long entry here but i must resist at least until claims later. is anyone shorting at these levels?
Same here. Waiting for the unemployment claims + price action to confirm long. We will wait for the perfect time.

Attached Image (click to enlarge)
Click to Enlarge Name: 1M6Odkl2V_720x0__1.jpg Size: 76 KB
You have to have an IQ higher than 90 to interact with this user.
2,305 traders viewing now, 3 are registered:
,
AlphaGM
,
dele5000