Cable Update (GBPUSD) | Page 40853 | 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)

  • #817,041
  • Mar 18, 2024 4:15am Mar 18, 2024 4:15am
ready to sell out/in @1.2750/58
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
chaos is just unknown order
  • #817,042
  • Mar 18, 2024 4:19am Mar 18, 2024 4:19am
Quoting Jade Gate
{quote} 1.09, there ya got it. 5 mins before fixings tho and 7am NY time US traders hit the floor.

YeeHaa!!!
Don't Leave Money on the Table
  • #817,043
  • Mar 18, 2024 4:20am Mar 18, 2024 4:20am
Quoting Pat Chiko
{quote} Set up Zoom out the chart. Don't try to zoom in, unless you want to pin point the sweet spot. I use Hybrid Trading system Infuse of Wyckoff with SNR. {image} Those level markings I use ICT for easy reference and SMC for finding valid set up EW for confirmation (On EW, I'm still learner) You can refer to coreg2004 as he got firm grip on that subject. P/S: Lately, I've significantly reduced the number of markings on the charts, as I believe that most followers are capable of comprehending...
GU

Apology for not updating the set up earlier, as I was busy with some paints works.... on the weekend and it drag till today
update o scalping position and set up

The market appears to be consolidating within a potential wave C pattern.
While upcoming news this week could trigger a move towards lower Fibonacci retracement levels, a break in structure before Wednesday's news release might indicate a long opportunity continuing the uptrend.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 042.jpg Size: 234 KB





On the 1-hour timeframe, there's no definitive upside breakout yet. Therefore, a decline towards one of the lower Fibonacci levels is likely before a potential structural break.
In the absence of a structural break, shorting opportunities on lower timeframes might be preferable.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 043.jpg Size: 238 KB


Ideally, a breakout above the 61.8% or 78.6% retracement level, as highlighted on the 4-hour timeframe, would signal the end of the ABC correction and potentially mark the continuation of a larger wave three pattern on longer timeframes.

Now, I must continue with mt paint works again.

Take care and trade safe.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #817,044
  • Mar 18, 2024 4:29am Mar 18, 2024 4:29am
Quoting Whale
{quote} 8h chart is the key for me 2 hours to close {image}
My H8 does not yet have a confirmed swing low in place, so I would defer to H6, which does.
To free Gazans of Hamas, use whatever it takes.
  • #817,045
  • Mar 18, 2024 4:39am Mar 18, 2024 4:39am
Quoting Asr1
Long Nasdaq 18080 ish adding if MA holds up
Nas100 4h
starting this week on the right foot. 30pips underwater on GU at the moment.

Attached Image (click to enlarge)
Click to Enlarge Name: UsaTecJun24H1.png Size: 32 KB
  • #817,046
  • Mar 18, 2024 4:39am Mar 18, 2024 4:39am
On M30, buyers came in fairly strongly until sellers decided they need to offer at a deeper discount again and price slid down. But the sellers either ran out of stock or decided that the buyers showed enough interest that they could halt the discounts and make the offers at higher prices again. At the moment, no strong buying is occurring, so price might consolidate here as both buyers and sellers find price in this area to be acceptable for making deals.
To free Gazans of Hamas, use whatever it takes.
  • #817,047
  • Mar 18, 2024 4:45am Mar 18, 2024 4:45am
Quoting TraderFX.Id
{quote} Do you have chart abaout GJ?
May I know what was your question.
I may have missed them. Apology for that.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #817,048
  • Mar 18, 2024 4:46am Mar 18, 2024 4:46am
Long @ 1,2740 SL 1,2730
  • #817,049
  • Mar 18, 2024 4:48am Mar 18, 2024 4:48am
Quoting Pat Chiko
{quote} Take care and trade safe.
maybe - maybe not...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 20 KB
Click to Enlarge Name: GBPUSDDaily1.png Size: 25 KB
  • #817,050
  • Mar 18, 2024 4:49am Mar 18, 2024 4:49am
Quoting zuko
Long @ 1,2740 SL 1,2730
Was away from the computer so I got in late at 1.2740 with first target of only 1.2746.
To free Gazans of Hamas, use whatever it takes.
  • #817,051
  • Mar 18, 2024 4:50am Mar 18, 2024 4:50am
So now that price is coming back to that special magical important fib level JadeIntheBox mentioned it was kissing earlier (and price was to go down, of course)... now that it's back to it again what base is price getting to with the fib level this time? Does the fib's parents know what it's getting up to?

WWJD?
Congratulations ScalaFX for coming out of the closet!
  • #817,053
  • Mar 18, 2024 4:52am Mar 18, 2024 4:52am
I will try pound dollar long again, I will be lucky if I can surpass the previous high!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-cd(M15)_2024.03.18_204840.gif Size: 75 KB
  • #817,054
  • Mar 18, 2024 4:52am Mar 18, 2024 4:52am
I have an expectation for M30 to make a pullback that does not progress to H1, and if an M30 setup unfolds, buy again.
To free Gazans of Hamas, use whatever it takes.
  • #817,055
  • Mar 18, 2024 5:04am Mar 18, 2024 5:04am
Quoting DrDave
{quote} My H8 does not yet have a confirmed swing low in place, so I would defer to H6, which does.
how do you confirm SWH\SWL
by 4th candle?

i don't use it or waiting for such things.


anyway my bias is based weekly chart and the year open line
  • #817,056
  • Mar 18, 2024 5:06am Mar 18, 2024 5:06am
Quoting Pat Chiko
{quote} GU Apology for not updating the set up earlier, as I was busy with some paints works.... on the weekend and it drag till today update o scalping position and set up The market appears to be consolidating within a potential wave C pattern. While upcoming news this week could trigger a move towards lower Fibonacci retracement levels, a break in structure before Wednesday's news release might indicate a long opportunity continuing the uptrend. {image} On the 1-hour timeframe, there's no definitive upside breakout yet. Therefore,...
GU

Scalping SHORT
Attached Image (click to enlarge)
Click to Enlarge Name: gu 045.jpg Size: 184 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #817,057
  • Edited 10:07am Mar 18, 2024 5:09am | Edited 10:07am
EURUSD sell added @ 1.0903
BTCUSD sell opened @ 68.310
You have to have an IQ higher than 90 to interact with this user.
  • #817,058
  • Mar 18, 2024 5:11am Mar 18, 2024 5:11am
GU ... No trades, I will wait
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 90 KB
!! Radha Radha !!
  • #817,059
  • Edited 5:26am Mar 18, 2024 5:14am | Edited 5:26am
Quoting DrDave
{quote} Still need to wait for M15/M30/H1 to continue developing or collapsing.
Waiting 2756 next resistance. Full day /2 days should be in correction, may off last 4/5 hours. Lets see
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_20240318-161217.png Size: 57 KB
Click to Enlarge Name: Screenshot_20240318-161846.png Size: 55 KB
Click to Enlarge Name: Screenshot_20240318-162548.png Size: 64 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #817,060
  • Mar 18, 2024 5:20am Mar 18, 2024 5:20am
the PSD is amazing.. right on the spot..
306 traders viewing now, 5 are registered:
MrVee
,
CPUmice
,
F.g
,
ricmaj
,