Cable Update (GBPUSD) | Page 42751 | 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)

  • #855,001
  • Feb 24, 2025 3:11am Feb 24, 2025 3:11am
Long 1.2647 SL 1.2637
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #855,002
  • Feb 24, 2025 3:13am Feb 24, 2025 3:13am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 22 KB
yes yes yes
  • #855,003
  • Feb 24, 2025 3:27am Feb 24, 2025 3:27am
Meanwhile on USDCHF. Same set up long

Attached Image (click to enlarge)
Click to Enlarge Name: UCHF.png Size: 27 KB
  • #855,004
  • Feb 24, 2025 3:41am Feb 24, 2025 3:41am
...bears throw a spanner in the works for the bulls re the bounce up indicated by the the 5min bearish hidden div, but not much of a next higher t/f (in this t/f combo) - ie 30min downtrend to enter after a p/back let alone any pot sbr/fib ...but price starts to go down again nevertheless. the eagle-eyed will spot the bullish regular div @ the lo on the chart below.

5min below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
Trader with an Edge.
  • #855,005
  • Feb 24, 2025 3:44am Feb 24, 2025 3:44am
Quoting Yngwie
Long 1.2647 SL 1.2637
Hit SL
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #855,006
  • Feb 24, 2025 3:45am Feb 24, 2025 3:45am
Longs should be patient. Bearish momentum too strong. USD gaining strength as well

Attached Image (click to enlarge)
Click to Enlarge Name: no.png Size: 50 KB
  • #855,007
  • Feb 24, 2025 3:47am Feb 24, 2025 3:47am
Looks like I'm blowing a fuck ton of accounts again this week. Nothing changes.
  • #855,008
  • Feb 24, 2025 3:47am Feb 24, 2025 3:47am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
https://x.com/moneyprinte
  • #855,009
  • Feb 24, 2025 3:52am Feb 24, 2025 3:52am
Quoting Headland
...bears throw a spanner in the works for the bulls re the bounce up indicated by the the 5min bearish hidden div, but not much of a next higher t/f (in this t/f combo) - ie 30min downtrend to enter after a p/back let alone any pot sbr/fib ...but price starts to go down again nevertheless. the eagle-eyed will spot the bullish regular div @ the lo on the chart below. 5min below {image}
One thing I've noticed about divergences is that you'll often have a divergence in one direction on one timeframe and a divergence in the other direction on another timeframe. I could equally have said that it reacted to the 200EMA on the 5 min chart. It's now got a divergence developing on the 15 minute stochastic, so long?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2025-02-24 095509.png Size: 17 KB
  • #855,010
  • Feb 24, 2025 3:52am Feb 24, 2025 3:52am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 23 KB
yes yes yes
  • #855,011
  • Feb 24, 2025 3:59am Feb 24, 2025 3:59am
DXY has just got to resistance. Or to use an ICT-ism the 2hr "order block"
  • #855,012
  • Edited 4:17am Feb 24, 2025 4:04am | Edited 4:17am
Quoting MrFanciful
{quote} One thing I've noticed about divergences is that you'll often have a divergence in one direction on one timeframe and a divergence in the other direction on another timeframe. I could equally have said that it reacted to the 200EMA on the 5 min chart. It's now got a divergence developing on the 15 minute stochastic, so long? {image}
Hi. Absolutely, it can and does happen. Right now for eg @ the current dly hi I have a repeating pattern of regular bearish div on 2hr and 4hr but it didn't stop me taking the 5min repeating pattern of regular bullish div set-up @ pot supp/rbs, as indicated in a post above. (Actually I got in on the 3min candle close/similar set-up.) So when the 5min bearish hidden div set-up developed, taken along with that 2hr/4hr bearish regular div as mentioned, even though there wasn't an established next higher t/f trend to enter, (30min,) I thought it was worth a try at a reduced risk, (actually I entered on close of the 30min pinbar close.) You can often leave the higher t/f one open, and trade the divs on the t/f's below it. On this occasion I wasn't in the 2hr/4hr set-up as it happened during the asian session.

EDIT: was going to add a bit but have done so in a post below.



4hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
Trader with an Edge.
  • #855,013
  • Feb 24, 2025 4:07am Feb 24, 2025 4:07am
Quoting vankiepsauff
short 1.2645, 15 lots
move sl to 1.2645
vankiepsauff@gmail
  • #855,014
  • Feb 24, 2025 4:09am Feb 24, 2025 4:09am
Long 1.2628
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #855,015
  • Feb 24, 2025 4:11am Feb 24, 2025 4:11am
Quoting MrFanciful
Looks like I'm blowing a fuck ton of accounts again this week. Nothing changes.
Attached Image (click to enlarge)
Click to Enlarge Name: 0a45580960d054f55a09a15aa9ba3e4b.jpg Size: 14 KB
  • #855,016
  • Edited 4:45am Feb 24, 2025 4:15am | Edited 4:45am
Quoting MrFanciful
It's now got a divergence developing on the 15 minute stochastic, so long? {image}
I just noticed you added the question above to your post. I don't give free trading signals lol! But, ask yourself - is divergence my large representative sample (s) proven edge on that t/f, on this pairing, -and- have I proven that I have developed the necessary personal psychology to trade it profitably? If it isn't, and you haven't - then why the hell are you trading it? You can ignore this advice as long as you like, but nothing will change for you, for the better.

EDIT: corrected grammar.
Trader with an Edge.
  • #855,017
  • Feb 24, 2025 4:28am Feb 24, 2025 4:28am
Gu can do your head in. Shorts were working great before bulls flew it up. Now bears are ruining it for bulls. One thing I have noticed about this pair is that it goes close to obvious resistance or support and turns round before people book profits and as they buy or sell more price keeps going the opposite way to frustrate them the more. Still early days in the week. Let's see how it goes.
  • #855,018
  • Feb 24, 2025 4:29am Feb 24, 2025 4:29am
Quoting W0lfram
{image} 1.2686 1.2751 minimum
Good reaction to Dec POC
Need some refuel, imo
Attached Image (click to enlarge)
Click to Enlarge Name: 6B1!_2025-02-24_11-22-52_551e2.png Size: 37 KB
Air force
  • #855,019
  • Feb 24, 2025 4:38am Feb 24, 2025 4:38am
...bulls currently struggling @ 30min pot sbr zone. Fri's lo remains intact for now @ least.

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB
Trader with an Edge.
  • #855,020
  • Feb 24, 2025 4:38am Feb 24, 2025 4:38am
GU slow today, and avoiding 127 like the plague right now. Might look for a different trade during NYO if the pair continues to have no real movement
Insane in the Brain..
339 traders viewing now