Cable Update (GBPUSD) | Page 41333 | 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)

  • #826,641
  • May 22, 2024 4:46am May 22, 2024 4:46am
Oh my,,, and I had to close it early after seeing that bullish fake out in lower timeframe :|
Set GOAL, REACH and REPEAT.
  • #826,642
  • May 22, 2024 4:50am May 22, 2024 4:50am
short 1.2725
TP1 1.2630
TP2 1.2560
  • #826,643
  • May 22, 2024 5:12am May 22, 2024 5:12am
Quoting SmallGains
{quote} Hoping for a shooting star on the daily (good reversal sign). Maybe a bearish butterfly in the mix for it with us being at the top of the H&S pattern right now. Could be wrong though. {image} {image}
Since the weak CPI there's nothing supporting the Pound fundamentally today. The path is clear for the bears until FOMC minutes
You have to have an IQ higher than 90 to interact with this user.
  • #826,644
  • May 22, 2024 5:21am May 22, 2024 5:21am
Decent bounce off the days lows, let’s see how NYO works out for the pair
Insane in the Brain..
  • #826,645
  • May 22, 2024 5:33am May 22, 2024 5:33am
Quoting thevisitor
short 1.2725 TP1 1.2630 TP2 1.2560
sorry, sl daily high
  • #826,646
  • May 22, 2024 5:55am May 22, 2024 5:55am
cpi was strong, analysis that says different is the weak retail crowd, and headline believers...
rumour has it an election will be called, if you read the data right that makes sense, all the headlines gonna say inflation is falling
higher inflation is embedded in the data
no one on this planet can say 0.3 is weak
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-05-22 at 13.49.37.png Size: 24 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #826,647
  • May 22, 2024 6:02am May 22, 2024 6:02am
Trading view are sucks lately.. not worth the money.

lots of bugs
  • #826,648
  • Edited 7:12am May 22, 2024 6:42am | Edited 7:12am
Quoting Georginson
Sold 1.2758... target 1.2600... stop 1.2840
what’s your view on the current gbpusd price range lately
Swing Trading // 1 SETUP # UNLIMITED PATIENCE
  • #826,649
  • May 22, 2024 6:43am May 22, 2024 6:43am
positive SL hit, eyes on FOMC Mins now
You have to have an IQ higher than 90 to interact with this user.
  • #826,650
  • May 22, 2024 7:22am May 22, 2024 7:22am
2750 /49 short only today.

Stop 2751
Intraday only.
  • #826,651
  • May 22, 2024 7:32am May 22, 2024 7:32am
Quoting Whale
Trading view are sucks lately.. not worth the money. lots of bugs
What features of paid service of TradingView are you using?

I found the free version more than enough for trading, better if trading with phones. 1 chart display, slight delay in chart update, this is not an issue for trading at m5 or higher.

If needing more than 2 alerts and indicators the free membership provides, you can code multiple tools into 1 indi/alert. I am using one DIY indi with 4 ways to indicate chart and 2 alerts systems. It is a bit like some MT4 multi-tool or dashboard tools.

trade well
  • #826,652
  • May 22, 2024 7:48am May 22, 2024 7:48am
Quoting Nordling
positive SL hit, eyes on FOMC Mins now
Historically the minutes don’t do anything unless there is a change in tone from the Fed
Insane in the Brain..
  • #826,653
  • May 22, 2024 7:56am May 22, 2024 7:56am
Quoting tommydoginti
{quote} What features of paid service of TradingView are you using? I found the free version more than enough for trading, better if trading with phones. 1 chart display, slight delay in chart update, this is not an issue for trading at m5 or higher. If needing more than 2 alerts and indicators the free membership provides, you can code multiple tools into 1 indi/alert. I am using one DIY indi with 4 ways to indicate chart and 2 alerts systems. It is a bit like some MT4 multi-tool or dashboard tools. trade well
I use the free version...2 indicators. 5 alerts and only 2 charts up at one time. Its def limiting. but if you a single or double pair trader it works just fine.
  • #826,654
  • May 22, 2024 8:16am May 22, 2024 8:16am
Quoting SmallGains
{quote} I use the free version...2 indicators. 5 alerts and only 2 charts up at one time. Its def limiting. but if you a single or double pair trader it works just fine.
it is also possible for traders who trade multiple pairs/strategies to just use free membership limits.

As there are many traders using MT4 dashboards, etc. These are just single tool. The same approach can be applied to TradingView.

Just opening up possibilities for interested people

example of multiple “indicators” and alert methods in 1 indicator
Attached Image (click to enlarge)
Click to Enlarge Name: B3E41F73-781F-471B-A413-B954E6ABD685.jpeg Size: 511 KB



1 indicator for multiple pair monitoring
Attached Image (click to enlarge)
Click to Enlarge Name: ED00E052-0480-4EF3-8958-A17778468BEC.jpeg Size: 750 KB
  • #826,655
  • May 22, 2024 8:24am May 22, 2024 8:24am
Quoting BeeTogether
{quote} Historically the minutes don’t do anything unless there is a change in tone from the Fed
The minutes don't do anything unless the trade management computers decide to move price and use this event as an excuse!
  • #826,656
  • May 22, 2024 8:31am May 22, 2024 8:31am
seems theres some confusion about todays cpi

look at both charts and notice the dollar didn't even react to the number while GU shot up
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot 2024-05-22 102942.png Size: 13 KB
Click to Enlarge Name: Screenshot 2024-05-22 102803.png Size: 10 KB
short trump and go long the deepstate
  • #826,657
  • May 22, 2024 8:33am May 22, 2024 8:33am
UK election 4th July.. now this could add some volatility
Insane in the Brain..
  • #826,658
  • May 22, 2024 8:33am May 22, 2024 8:33am
Quoting dantpm
{quote} The minutes don't do anything unless the trade management computers decide to move price and use this event as an excuse!
mate where you been??
Insane in the Brain..
  • #826,659
  • May 22, 2024 8:36am May 22, 2024 8:36am
A force is needed to break that strong support area above 2687.

I booked my profits from short today.

Will only watch how the PA behaves after 1 pm est.

A new 4hr candle
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.rM30.png Size: 14 KB
Intraday only.
  • #826,660
  • May 22, 2024 8:42am May 22, 2024 8:42am
Quoting navk
A force is needed to break that strong support area above 2687. I booked my profits from short today. Will only watch how the PA behaves after 1 pm est. A new 4hr candle {image}
You are a very consistent trader. Hope to one day be just as consistent with my own trades. System that works is always the best system lol. Congrats.
259 traders viewing now, 2 are registered:
alenalex
,
Molaro