Cable Update (GBPUSD) | Page 42032 | 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)

  • #840,621
  • Oct 3, 2024 9:59am Oct 3, 2024 9:59am
Quoting BeeTogether
Seems any correction will be minimal NFP tomorrow might not have a big impact unless it’s a miss. The 0.25 cut seems to be priced in
NFP has been traded for this pair. Let's wait till tomorrow. Weekly pivot is 3350 (missed). Today's pivot is 3272 (missed). Today's Asia high (missed). I've traded this for too long to know price will return to those areas, except some PM is killed tomorrow in the war.
  • #840,622
  • Oct 3, 2024 10:01am Oct 3, 2024 10:01am
This wick still hold the sellers.. maybe just a coincidence..

But hope to squeeze some green pipsis
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_6189.png Size: 52 KB
  • #840,623
  • Oct 3, 2024 10:07am Oct 3, 2024 10:07am
Quoting Whale
This wick still hold the sellers.. maybe just a coincidence.. But hope to squeeze some green pipsis {image}
the daily today is minus 155, you think thats trustworthy today?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #840,624
  • Oct 3, 2024 10:16am Oct 3, 2024 10:16am
Quoting Mitiblotch
{quote} NFP has been traded for this pair. Let's wait till tomorrow. Weekly pivot is 3350 (missed). Today's pivot is 3272 (missed). Today's Asia high (missed). I've traded this for too long to know price will return to those areas, except some PM is killed tomorrow in the war.
True… let’s see how the rest of the day goes and of course LO session before the data
Insane in the Brain..
  • #840,625
  • Oct 3, 2024 10:23am Oct 3, 2024 10:23am
Quoting Bones
{quote} the daily today is minus 155, you think thats trustworthy today?
So?
  • #840,626
  • Oct 3, 2024 10:24am Oct 3, 2024 10:24am
Quoting Bones
{quote} the daily today is minus 155, you think thats trustworthy today?
If that is the case it could just range for the rest of the day until nfp, having said that i have seen daily ranges of 200 plus pips on gu, so who knows what the DR will be
Follow The Markets Structure - Patience and Discipline
  • #840,627
  • Oct 3, 2024 10:26am Oct 3, 2024 10:26am
Quoting Whale
{quote} So?
so its not trustworthy hourly
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #840,628
  • Oct 3, 2024 10:30am Oct 3, 2024 10:30am
Quoting Bones
{quote} so its not trustworthy hourly

We have had this nonsense imho with ADR the past week with others convinced price would reverse because the ADR was met and it blew through them to continue down
Follow The Markets Structure - Patience and Discipline
  • #840,629
  • Oct 3, 2024 10:30am Oct 3, 2024 10:30am
Quoting Bones
{quote} so its not trustworthy hourly
allow me to disagree.

1. price is below two weeks low.
2. daily is bullish

So, im looking for the setup that could hold the price and shoot it up.

if this is the right area? Idk
two negative news hold the price from
keep falling. I saw 200+ a day and not 1 time.
  • #840,630
  • Oct 3, 2024 10:31am Oct 3, 2024 10:31am
Quoting pipfarm
{quote} If that is the case it could just range for the rest of the day until nfp, having said that i have seen daily ranges of 200 plus pips on gu, so who knows what the DR will be
I think we have had 400 in 2020 or so. God forbid it happens today
  • #840,631
  • Oct 3, 2024 10:40am Oct 3, 2024 10:40am
Not much else happening now. Seems to be stuck in a range of 30 odd pips damage of the week already done over 2 days (Tuesday and today) Friday might just be a dead one. NFP will add noise whether it’s good or bad. I’d like to short from a higher position preferably around 13150-70 for NFP
Insane in the Brain..
  • #840,632
  • Oct 3, 2024 10:44am Oct 3, 2024 10:44am
Market is exhausted during New York session after smacking buyers in both Tokyo and London session. It need resting before start smacking again .
Just kidding dear buyers , market might reverse if NFP data are red tomorrow. Usually Friday is good day to recover after huge drop in midweek.
With courage, patience, and discipline, success is a matter of time.
  • #840,633
  • Oct 3, 2024 10:57am Oct 3, 2024 10:57am
Quoting pipfarm
{quote} We have had this nonsense imho with ADR the past week with others convinced price would reverse because the ADR was met and it blew through them to continue down
I never said anything about the adr, I know 150 is a lot off the top of my head, Im only talking about todays candle
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-10-03 at 16.53.02.png Size: 13 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #840,634
  • Oct 3, 2024 10:57am Oct 3, 2024 10:57am
Attached Image (click to enlarge)
Click to Enlarge Name: 7a91ccc1e478dcecd2aaa03d4a1874f3.jpg Size: 62 KB
  • #840,635
  • Oct 3, 2024 11:10am Oct 3, 2024 11:10am
Quoting W0lfram
{quote} less then 100, good, 3 short positions. (but positive, if account few hedges){image} Taking one more hedge, buy @ 1.3115, tp 1.326
Misplaced old POC, should have been @ 1.3094
Attached Image (click to enlarge)
Click to Enlarge Name: 6B1!_2024-10-03_18-04-53_2afc4.png Size: 35 KB


Current week has multimodal volume distribution... gave a try for another hedge buy @ 1.3106
Air force
  • #840,636
  • Oct 3, 2024 11:11am Oct 3, 2024 11:11am
Quoting Bones
{quote} I never said anything about the adr, I know 150 is a lot off the top of my head, Im only talking about todays candle {image}
what is your long term target?
  • #840,637
  • Oct 3, 2024 11:34am Oct 3, 2024 11:34am
Quoting jola1
{quote} So GU has been playing games with me today lol. Erm I can still see a bullish scenario. I was expecting GU to come back to this new entry point but I rushed entry because of FOMO smh(I should be past this fomo stage by now hahahaha). This is what i'm expecting. If this doesn't play out, I'll wait for other confirmations {image}

so updates. GU swept me right off the chart hahahahaha. took a big L but is okay. we wait for better opportunities
  • #840,638
  • Oct 3, 2024 11:57am Oct 3, 2024 11:57am
Gold
Master your mind. Master Trading.
  • #840,639
  • Oct 3, 2024 12:25pm Oct 3, 2024 12:25pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 14 KB
yes yes yes
  • #840,640
  • Oct 3, 2024 12:35pm Oct 3, 2024 12:35pm
long at : 1.3125
Sl : 1.3110
Tp : open
---------------
174 traders viewing now, 2 are registered:
,
azeeezzz