Cable Update (GBPUSD) | Page 42171 | 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)

  • #843,401
  • Oct 28, 2024 3:17am Oct 28, 2024 3:17am
Quoting HaLBot
{quote} You mean 3094 or 2904
Sorry. Next target 2994 .
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #843,402
  • Oct 28, 2024 3:20am Oct 28, 2024 3:20am
Quoting Chancy
{quote} Something like this {image}
Extremely rare pattern but never say never, ultimately after a correction whatever the pattern price should trend down on the swings on 1H or 4H bars so does not matter what shape the retracement takes.

The important thing is to identify when price is in a corrective phase and then coming out of it
Follow The Markets Structure - Patience and Discipline
  • #843,403
  • Oct 28, 2024 3:22am Oct 28, 2024 3:22am
Here's my reaction on GBPUSD.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2024-10-28_11-21-00_68864.png Size: 50 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2024-10-28_11-17-16_57f8b.png Size: 45 KB
  • #843,404
  • Oct 28, 2024 3:29am Oct 28, 2024 3:29am
Quoting fontu
{quote} Sorry. Next target 2994 .
might be a good area to short from unless we break above 130
Insane in the Brain..
  • #843,405
  • Oct 28, 2024 3:35am Oct 28, 2024 3:35am
Guys...
do you read news???
Always follow your own shit
  • #843,406
  • Oct 28, 2024 3:45am Oct 28, 2024 3:45am
Quoting Yngwie
Sold 1.2967
hit BE
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #843,407
  • Oct 28, 2024 3:54am Oct 28, 2024 3:54am
Quoting Moty
{image} {image}
Ty mister gu
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2024-10-28-12-52-57-025_net.metaquotes.metatrader4-edit.jpg Size: 687 KB
yes yes yes
  • #843,408
  • Edited 4:10am Oct 28, 2024 3:58am | Edited 4:10am
Quoting BeeTogether
{quote} might be a good area to short from unless we break above 130
Actual bounce target should be 2999 , may correct before next target up ! Waiting test 2994/ 99 test as first target and will see how reacts if !
As eurusd still to start for 0840 gu may breaks up 3000 before limited correction possible ! May 3016 , target goes up !
Attached Image (click to enlarge)
Click to Enlarge Name: download (54).png Size: 21 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #843,409
  • Oct 28, 2024 4:02am Oct 28, 2024 4:02am
I have been noticing that GU goes up when there is no news, and hopeing it will hit my PT at 1.3030.. if it does not get there i will get out with a small profit .
  • #843,410
  • Oct 28, 2024 4:12am Oct 28, 2024 4:12am
stoploss above 1.30 by 7 pips if it breaks above will wait for a better entry playing smarter not harder
  • #843,411
  • Oct 28, 2024 4:17am Oct 28, 2024 4:17am
[quote=Abeylyn;15041961]Hello friends and Buddies, From my own technical perspective, it is obvious that the Bears are still in control because 4 hour trend is downward and higher time frame chart has not given any signal to signify reversal to the upside. However, price need to retest the current high located around 1.2987/1.2990. If the resistant point can hold, then we shall enter a strong bearish continuation mode. Risk Management is key. Have a nice pipping week.


As earlier stated

Intention to go Short GU from 1.2987/92. Based on the fact that daily and 4 hour trend are down and no strong news to penetrate the current high.

Risk Management will be applied appropriately.

Good luck and nice day trading.
Market Structure is the King.....
  • #843,412
  • Oct 28, 2024 4:30am Oct 28, 2024 4:30am
Quoting Jade Gate
{quote} The reference to newbies was not intended for you. I can see that you have some experience under your belt. We all have different perspectives on what drives the market. For me, it's LIQUIDITY #1 closely followed by TA #2. Others get their groove on the fundies or the sentiment that arises from fundies. We each have our own take on things and that is something that should always be treated with respect.
Are you trading futures or cfds?
Follow The Markets Structure - Patience and Discipline
  • #843,413
  • Oct 28, 2024 5:00am Oct 28, 2024 5:00am
Quoting jjoohhnnyy13
Guys... do you read news???
Well, there is UK budget on Wednesday. According the Sir Starmer planning increase taxes. That mean all prices will go up at UK. That mean inflation. That mean slow down or no cuts rates.

Plus US jolt jobs expectations is smaller. Generally yeah. US data scaring me...

Technical analysis on daily time-frame you can see a inside bar which indicate turnover.
Always follow your own shit
  • #843,414
  • Oct 28, 2024 5:00am Oct 28, 2024 5:00am
Sold 1.2993
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #843,415
  • Oct 28, 2024 5:01am Oct 28, 2024 5:01am
Come on bulls
Push a little bit higher
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2024-10-28-14-00-06-988_net.metaquotes.metatrader4-edit.jpg Size: 737 KB
yes yes yes
  • #843,416
  • Oct 28, 2024 5:15am Oct 28, 2024 5:15am
Come on mister goldi
For 10 pts
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2024-10-28-14-13-56-164_com.tradingview.tradingviewapp-edit.jpg Size: 489 KB
yes yes yes
  • #843,417
  • Edited 6:40am Oct 28, 2024 5:16am | Edited 6:40am
Quoting Orand
Long at : 1.2971 SL: 1.2955 TP: TBD
Closed at 1.2993 (+22pip)
------------------------------
Short at :1.2995
Sl : 1.3010
Tp : TBD(Closed at 1.2991(+4pip)
-----------------------------
  • #843,418
  • Oct 28, 2024 5:31am Oct 28, 2024 5:31am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2024-10-28-14-29-51-050_com.tradingview.tradingviewapp-edit.jpg Size: 520 KB
yes yes yes
  • #843,419
  • Oct 28, 2024 5:45am Oct 28, 2024 5:45am
For 12 pips
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2024-10-28-14-44-54-376_com.tradingview.tradingviewapp-edit.jpg Size: 436 KB
yes yes yes
  • #843,420
  • Oct 28, 2024 6:03am Oct 28, 2024 6:03am
130 teasing.. come on break above
Insane in the Brain..
448 traders viewing now