Cable Update (GBPUSD) | Page 21731 | 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)

  • #434,601
  • Jul 16, 2016 7:26pm Jul 16, 2016 7:26pm
Does anyone know what caused the gpb/usd sell off friday from close to 1.33 to 1.31 handle?
TE started 6/4/19
  • #434,602
  • Jul 17, 2016 2:22pm Jul 17, 2016 2:22pm
Quoting Marz30
Does anyone know what caused the gpb/usd sell off friday from close to 1.33 to 1.31 handle?
strong US data I would imagine
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #434,603
  • Jul 17, 2016 4:16pm Jul 17, 2016 4:16pm
Not sure GU bulls are done yet
Come with me if you want to live....
  • #434,604
  • Jul 17, 2016 5:52pm Jul 17, 2016 5:52pm
The Pound broke 1.3200 level due to ''encouraging news of Australia has already approached the UK for a free trade deal following its exit from the European Union''.
  • #434,605
  • Jul 17, 2016 6:03pm Jul 17, 2016 6:03pm
HAPPY PIPPING GUYS!!!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 41 KB
Trading Eternal...... Shiny & Chrome!!!!
  • #434,606
  • Jul 17, 2016 7:40pm Jul 17, 2016 7:40pm
Quoting csc2009
The Pound broke 1.3200 level due to ''encouraging news of Australia has already approached the UK for a free trade deal following its exit from the European Union''.
Nah thats not why
TE started 6/4/19
  • #434,607
  • Jul 17, 2016 10:49pm Jul 17, 2016 10:49pm
Bulls trap?
  • #434,608
  • Jul 17, 2016 10:57pm Jul 17, 2016 10:57pm
Quoting Mayly-May
Bulls trap?
no, 1.36 gap needs to be filled
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #434,609
  • Jul 17, 2016 11:21pm Jul 17, 2016 11:21pm
Never have I felt so much anxiety and stress from trading this pair. But then again, I made many mistakes. Will the market forgive me though? Is there a bull in sight before I get margin called? ...
  • #434,610
  • Jul 17, 2016 11:29pm Jul 17, 2016 11:29pm
Quoting whitewid0w
Never have I felt so much anxiety and stress from trading this pair. But then again, I made many mistakes. Will the market forgive me though? Is there a bull in sight before I get margin called? ...
why are you going to be margin called?

Why didnt you just use like, 10% of your balance, adjust your lot sizes to suit the risk you want to apply.
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #434,611
  • Jul 17, 2016 11:34pm Jul 17, 2016 11:34pm
Quoting FXCyborg
{quote} why are you going to be margin called? Why didnt you just use like, 10% of your balance, adjust your lot sizes to suit the risk you want to apply.
Because I was an emotional baby and let the drawdown from last week get to me. I broke out of my trading strategy, broke out of my normal risk management strategies, and here I am risking my account.

God knows I messed up. Just hoping for a second chance so I avoid making huge mistakes like these again.
  • #434,612
  • Edited 12:42am Jul 18, 2016 12:31am | Edited 12:42am
Could this be a bounce of 130 perhaps coming up.
Sell zone entered if the system is correct ? down to 130.
However an up move this morning might be a strong signal for this, making it 133 down to 130. Potentially.
  • #434,613
  • Jul 18, 2016 1:04am Jul 18, 2016 1:04am
Attached Image (click to enlarge)
Click to Enlarge Name: 18.07.jpg Size: 137 KB

Balance is short and more probably it will give down move. First target is 1.30, second target 1.28
  • #434,615
  • Jul 18, 2016 2:34am Jul 18, 2016 2:34am
xetrader, u cant spam on here man
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #434,616
  • Jul 18, 2016 4:04am Jul 18, 2016 4:04am
Quoting whitewid0w
Never have I felt so much anxiety and stress from trading this pair. But then again, I made many mistakes. Will the market forgive me though? Is there a bull in sight before I get margin called? ...
Stop Loss is our saviour. Have done same mistake many times and learnt lesson in hard way. Wish you faster recovery....
  • #434,617
  • Jul 18, 2016 4:40am Jul 18, 2016 4:40am
It's up and down thursday spike base at 13254. Huge cluster m30 at 13250 and double bounce from half back at 13242.
13250 13242 are extraordinary weak and if for some exogenous event it moves up from here those will be clear references for a future retrace.
But this(a move up from here without a correction below) goes against current odds
Ubi maior minor cessat
  • #434,618
  • Jul 18, 2016 4:43am Jul 18, 2016 4:43am
Quoting Lock
It's up and down thursday spike base at 13254. Huge cluster m30 at 13250 and double bounce from half back at 13242. 13250 13242 are extraordinary weak and if for some exogenous event it moves up from here those will be clear references for a future retrace. But this(a move up from here without a correction below) goes against current odds
13250 taken out.
Consider also that we have a poor low for Tokyo at 13211
and we are currently gapping down from friday gb session.
Ubi maior minor cessat
  • #434,619
  • Jul 18, 2016 4:43am Jul 18, 2016 4:43am
Quoting Aleksbuk
{image} Balance is short and more probably it will give down move. First target is 1.30, second target 1.28
It's possible. Good capture
Try don't lose pants never...
  • #434,620
  • Jul 18, 2016 4:50am Jul 18, 2016 4:50am
Quoting Lock
...13250 13242 are extraordinary weak and if for some exogenous event it moves up from here those will be clear references for a future retrace. But this(a move up from here without a correction below) goes against current odds
Quoting Lock
{quote} 13250 taken out. Consider also that we have a poor low for Tokyo at 13211 and we are currently gapping down from friday gb session.
13242taken out too

13228 is today gb open and we are tagging it right now: it's weak
there is also an old gap up to correct if continuation occurs. The gap is from 131865 to 132055
Ubi maior minor cessat
282 traders viewing now, 2 are registered:
Joshuaenya
,