Cable Update (GBPUSD) | Page 41850 | 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)

  • #836,981
  • Sep 3, 2024 9:57am Sep 3, 2024 9:57am
Quoting BeeTogether
Have seen the days lows? 13090 seemed like a good area for a bounce
might have spoken too soon, we testing the lower areas again. If we break below it could be a test for 13050
Insane in the Brain..
  • #836,982
  • Sep 3, 2024 9:59am Sep 3, 2024 9:59am
Quoting BeeTogether
{quote} might have spoken too soon, we testing the lower areas again. If we break below it could be a test for 13050
I'm hoping for 1.300
  • #836,983
  • Sep 3, 2024 10:06am Sep 3, 2024 10:06am
It was a sell

GBPUSD m15 view of H4 correction this one might not hold down as there is an old correction at 3075 on the left

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 29 KB


AUDCAD M15 view of H4 correction , this one could be a complete reversal into a larger impulse


Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADM15.png Size: 29 KB


3.5k in total - that could be a good day at the office
Follow The Markets Structure - Patience and Discipline
  • #836,984
  • Sep 3, 2024 10:09am Sep 3, 2024 10:09am
Quoting Pat Chiko
{quote} Actually i dont know how to count EW. Just pretending to know a bit. Most of the times, I refer to Goreg chart for guidance. Please check his thread.

I didn’t bother to learn it since my strategy has proven to be profitable. I go on weekly time frame to get my bias then wait for price to stop out both sellers and buyers then I’ll take my trade afterwards. If I take 10 trade I’m sure of 7 out of 10. And my pips gain is usually 60 to 100 pips.
My telegram: https://t.me/avidforex
  • #836,985
  • Sep 3, 2024 10:15am Sep 3, 2024 10:15am
Quoting Godspromise
{quote} I'm hoping for 1.300
me too but would take 13050 to day lol
Insane in the Brain..
  • #836,986
  • Sep 3, 2024 10:17am Sep 3, 2024 10:17am
Quoting pipfarm
It was a sell GBPUSD m15 view of H4 correction this one might not hold down as there is an old correction at 3075 on the left {image} AUDCAD M15 view of H4 correction , this one could be a complete reversal into a larger impulse {image} 3.5k in total - that could be a good day at the office
I believe gbpusd topped out downwards correction for about 600 pips before a push to another high again jigsaw movement
  • #836,987
  • Sep 3, 2024 10:23am Sep 3, 2024 10:23am
Quoting BeeTogether
{quote} me too but would take 13050 to day lol

Lets think of it as Resistance becomes support to the left of where we are now, so i suppose we passed 3130 RBS so after that is 2878 which i find hard to believe it will hit that with this swing down but you never know.
Follow The Markets Structure - Patience and Discipline
  • #836,988
  • Sep 3, 2024 10:25am Sep 3, 2024 10:25am
Quoting BigNumbers
{quote} I didn’t bother to learn it since my strategy has proven to be profitable. I go on weekly time frame to get my bias then wait for price to stop out both sellers and buyers then I’ll take my trade afterwards. If I take 10 trade I’m sure of 7 out of 10. And my pips gain is usually 60 to 100 pips.
I know, as you are one of few top traders in this thread.
Im still lerning and trying to copy other top traders in this thread.
But as newbie, I never stop learning, until I becoming like you one day.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #836,989
  • Sep 3, 2024 10:27am Sep 3, 2024 10:27am
Quoting BeeTogether
{quote} me too but would take 13050 to day lol
agree..my next target 1.3050
  • #836,990
  • Sep 3, 2024 10:28am Sep 3, 2024 10:28am
Quoting BeeTogether
{quote} me too but would take 13050 to day lol
GU


Need to refine this set up.
Maybe you have better idea than mine....
Attached Image (click to enlarge)
Click to Enlarge Name: gu 019.jpg Size: 79 KB


Tell me something or anything,
Im learning all input from others.

Thanks
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #836,991
  • Sep 3, 2024 10:29am Sep 3, 2024 10:29am
Quoting pipfarm
{quote} Lets think of it as Resistance becomes support to the left of where we are now, so i suppose we passed 3130 RBS so after that is 2878 which i find hard to believe it will hit that with this swing down but you never know.
If we are to drop to that area, we should see a zigzag movement, Nav mentioned a 500 pip drop but that would be crazy even with a zigzag movement
Insane in the Brain..
  • #836,992
  • Sep 3, 2024 10:30am Sep 3, 2024 10:30am
Attached Image (click to enlarge)
Click to Enlarge Name: palpite.png Size: 33 KB
Together we can be strongest
Vantage Return This Month: na
  • #836,993
  • Sep 3, 2024 10:35am Sep 3, 2024 10:35am
Quoting navk
{quote} wait and watch. My price drop starts from 1.3200. Target 1.2700 by end of next month
My post was on aug 30 th.

Anybody waiting for 500 pips target ?

Intraday only.
  • #836,994
  • Sep 3, 2024 10:50am Sep 3, 2024 10:50am
Quoting Godspromise
{quote} what's your leverage 1:1000 1:500 my issue is normally to have that amount you probably have to open like 50 to 100 positions how do you manage stoploss?
. I said don't forget to put sl. If you read correctly and carefully my post. I mentioned not to forget put SL. That all my friend
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2024-09-03-17-47-38-208_net.metaquotes.metatrader5.jpg Size: 330 KB
  • #836,995
  • Sep 3, 2024 10:53am Sep 3, 2024 10:53am
Quoting palpite
{image}
risk 1:1,5

Attached Image (click to enlarge)
Click to Enlarge Name: palpite.png Size: 20 KB
Together we can be strongest
Vantage Return This Month: na
  • #836,996
  • Sep 3, 2024 10:56am Sep 3, 2024 10:56am
Quoting Czesc6978
{quote}. I said don't forget to put sl. If you read correctly and carefully my post. I mentioned not to forget put SL. That all my friend {image}
I understand it's just that the share amount of open position it can be quite tedious to apply stoplosses to all
  • #836,997
  • Sep 3, 2024 10:59am Sep 3, 2024 10:59am
Quoting palpite
{quote} risk 1:1,5 {image}
GBPUSD - Buy

Attached Image (click to enlarge)
Click to Enlarge Name: palpite.png Size: 15 KB
Together we can be strongest
Vantage Return This Month: na
  • #836,998
  • Sep 3, 2024 11:03am Sep 3, 2024 11:03am
Ty mister goldi
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2024-09-03-18-36-22-605_com.tradingview.tradingviewapp-edit.jpg Size: 398 KB
yes yes yes
  • #836,999
  • Sep 3, 2024 11:12am Sep 3, 2024 11:12am
Quoting Pat Chiko
{quote} GU Need to refine this set up. Maybe you have better idea than mine....{image} Tell me something or anything, Im learning all input from others. Thanks
Pat, i think your labeling is not correct.
1.3180 is out of reach
  • #837,000
  • Sep 3, 2024 11:21am Sep 3, 2024 11:21am
Quoting BeeTogether
{quote} If we are to drop to that area, we should see a zigzag movement, Nav mentioned a 500 pip drop but that would be crazy even with a zigzag movement
I forgot about the bigger immediate RBS at 3045 so 500 pips drop is out of the question at the moment
Follow The Markets Structure - Patience and Discipline
711 traders viewing now, 1 is registered: