Cable Update (GBPUSD) | Page 41321 | 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)

  • #826,401
  • Edited 1:25am May 20, 2024 1:15am | Edited 1:25am
checking pa usdx , looks test low again towards last monday morning my price 104.04 before any bounce , so other bounce towards previous top possible , so take care

gu perhaps making a trap / fake out plan below 2695 or 2685 to restart bull !
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdx.png Size: 18 KB
Click to Enlarge Name: GBPUSDM30.png Size: 9 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #826,402
  • May 20, 2024 1:22am May 20, 2024 1:22am
I'm selling now GU with TP trailing stop 10 pips
  • #826,403
  • May 20, 2024 1:28am May 20, 2024 1:28am
Quoting zion1948
I'm selling now GU with TP trailing stop 10 pips
Buyers don't wanna give up easily.
  • #826,404
  • May 20, 2024 1:31am May 20, 2024 1:31am
Quoting Pat Chiko
{quote} GU Next week guessing of retracement, with some luck it may happen. I hope it will move down a bit, before continue up{image} {image} P/S This is not signal service, I'm just guessing only. Thanks you for not following.
GU

Given the absence of significant news and multiple bank holidays today, it's expected that market volatility and probability will be low.
Take a break from trading today and focus on identifying setups for Tuesday.

Additionally, for those who traded today and are new to trading, it's understandable to feel excited and eager.
However, it's crucial to resist the urge to trade immediately before or during news events.

It's wise to wait until the market stabilizes before considering potential setups.
Attached Image (click to enlarge)
Click to Enlarge Name: calender.png Size: 14 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #826,405
  • May 20, 2024 1:46am May 20, 2024 1:46am
easiest way to trade
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 18 KB
  • #826,406
  • May 20, 2024 2:10am May 20, 2024 2:10am
Quoting PatienceFx
easiest way to trade {image}
what is the way
People don't plan to lose. They lose because they don't plan.
  • #826,407
  • May 20, 2024 2:23am May 20, 2024 2:23am
Quoting ScalaFX
{quote} what is the way
easy served on a tray
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 18 KB
  • #826,408
  • May 20, 2024 2:27am May 20, 2024 2:27am
Quoting ScalaFX
{quote} what is the way
and going by that account balance, it is also the easiest way to double it
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 29 KB
  • #826,409
  • May 20, 2024 2:31am May 20, 2024 2:31am
G/M, gap down @ start of new week, immediately bought and a virtually equal high to Friday's hi resulted, - then the supply came in @ the prev 1hr/minor 4hr sw hi = prev res = pot res there.. Asian hi and lo are presently the current dly hi and lo.

As Pat reminded the thread, Bank Hols in many places today, but not Uk or U.s

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
Trader with an Edge.
  • #826,410
  • May 20, 2024 2:31am May 20, 2024 2:31am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 10 KB
yes yes yes
  • #826,411
  • May 20, 2024 2:32am May 20, 2024 2:32am
Quoting Jackoboms
{quote} Buyers don't wanna give up easily.
You never know how I set stop and how I take loss.
Only I know
Intraday only.
  • #826,412
  • May 20, 2024 2:33am May 20, 2024 2:33am
Quoting Jackoboms
Forum has been quiet. Don't tell me 90% of people here are holding shorts and waiting for market to drop so they come alive again?
I am ...why not ?
  • #826,413
  • May 20, 2024 2:44am May 20, 2024 2:44am
...the prev dly minor sw lo = prev supp = pot sbr that began @ 2668 and where Friday's 2711 hi supply came in, extends up to circa 2717.

Dly below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB
Trader with an Edge.
  • #826,414
  • May 20, 2024 2:47am May 20, 2024 2:47am
This time, yes
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.rH1.png Size: 13 KB
Intraday only.
  • #826,415
  • May 20, 2024 2:52am May 20, 2024 2:52am
Quoting Jackoboms
Forum has been quiet. Don't tell me 90% of people here are holding shorts and waiting for market to drop so they come alive again?
I hope you cut that short a long long time ago?
Emotional Control. Process, not outcome.
  • #826,416
  • May 20, 2024 2:56am May 20, 2024 2:56am
...somewhat rangy now on 1hr and intraday so far today. No Asian b/o yet.

4hr potential supp/res/sbr/rbs zones and other pot supp/res factors, as below

4hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 25 KB
Trader with an Edge.
  • #826,417
  • May 20, 2024 3:13am May 20, 2024 3:13am
For me we have to break the days lows which was set on APAC open. If we can break that we might be able to see the area that Moty has highlighted in his chart earlier. It’s a non volatile day so it could either around drop a bit.
Insane in the Brain..
  • #826,418
  • May 20, 2024 3:30am May 20, 2024 3:30am
Quoting navk
This time, yes {image}
You may go sell for a short-time-flame ok.

But I am still thinking to see GU kissing 1.29xx this week.
  • #826,419
  • May 20, 2024 3:40am May 20, 2024 3:40am
...remains rangy re 1hr and intraday so far. no Asian b/o yet. Lo volatility as others have commented on. Well into the London morning session now.

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
Trader with an Edge.
  • #826,420
  • May 20, 2024 4:20am May 20, 2024 4:20am
...last 1hr close was a bullish engulf thrust candle...suggestive of more upside? Difficult to say within this tight 1hr/intraday range. Asian range still intact as price remains within it.

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
Trader with an Edge.
319 traders viewing now