Cable Update (GBPUSD) | Page 14010 | 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)

  • #280,181
  • May 27, 2011 3:09am May 27, 2011 3:09am
Bearish 1hr close (gravestone doji) and bearish divergence at the Hi 15min-1hr...not sure that potential resistannce cluster appeared very strong on the surface of it though ? Maybe just overbought ?


G/L
ex member
  • #280,182
  • May 27, 2011 3:15am May 27, 2011 3:15am
Quoting bbmac
Bearish 1hr close (gravestone doji) and bearish divergence at the Hi 15min-1hr...not sure that potential resistannce cluster appeared very strong on the surface of it though ? Maybe just overbought ?


G/L

needs to get through this area its a problem spot..if it absolutely no reason why 1.67 cannot be hit
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cable1.jpg Size: 93 KB
Click to Enlarge Name: cable.jpg Size: 91 KB
  • #280,183
  • May 27, 2011 3:22am May 27, 2011 3:22am
I ave my eye glued to 1.6550-75, nothing stopping us

Quoting nAVIN2007
i guess people are scared of retrace and thinking how long is the piece of string, over leverage comes into play as well..n the idea of selling at discount..

what kills me is the trend is yur friend bit (not hard really to go with the trend but people generally like to go against it, why this happens mostly is quite amusing really..however, trading really is a fantastic things huh..u gotta love it!!! especially when it goes right
  • #280,184
  • May 27, 2011 3:36am May 27, 2011 3:36am
Pullback extends to 50% of the 6377-current daily hi move...the 1hr bearish regular divergence is shown below. More to come or will the 'buy the dip' players come and buy the discounted rate ?

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 131 KB
ex member
  • #280,185
  • May 27, 2011 3:40am May 27, 2011 3:40am
Quoting nAVIN2007
i guess people are scared of retrace and thinking how long is the piece of string, over leverage comes into play as well..n the idea of selling at discount..

what kills me is the trend is yur friend bit (not hard really to go with the trend but people generally like to go against it, why this happens mostly is quite amusing really..however, trading really is a fantastic things huh..u gotta love it!!! especially when it goes right
AHAHAH when it goes right.. means when it goes in YOUR direction?? ))
I don't want a job, i want money!
  • #280,186
  • May 27, 2011 3:50am May 27, 2011 3:50am
Quoting dario1002
AHAHAH when it goes right.. means when it goes in YOUR direction?? ))
ofcourse buahaha
  • #280,187
  • May 27, 2011 3:51am May 27, 2011 3:51am
How strong are the bears now ?

1hr near-term screenshot below.

G/L
Attached Image
ex member
  • #280,188
  • May 27, 2011 3:57am May 27, 2011 3:57am
entered short at gravestone..powerfull signal..wait and see
  • #280,189
  • May 27, 2011 4:00am May 27, 2011 4:00am
Strong bearish candle at H4. I`ll take a short. Hope to catch the train this time.
  • #280,190
  • May 27, 2011 4:05am May 27, 2011 4:05am
Buy a dip as usual just for only 10 - 20 pips ?
Attached Image (click to enlarge)
Click to Enlarge Name: 270511.gif Size: 84 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #280,191
  • May 27, 2011 4:11am May 27, 2011 4:11am
1st test of that previous 1hr swing hi zone and steepest 1hr ascending trend line as shown in post above. Discount buyers coming in ? 30min hidden divergence there...1min led the way with regular bulish div....set-up comes @ a L now on 30min/1hr below last HL of the uptrend on those t/f's...would have been better @ a HL...how strong these buy the dip players now ?

1min below...

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 80 KB
ex member
  • #280,192
  • May 27, 2011 4:13am May 27, 2011 4:13am
30min hidden div below.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 82 KB
ex member
  • #280,193
  • May 27, 2011 4:31am May 27, 2011 4:31am
Daily Prints a HH above last H now (no LH yet on that t/f.) You can see that big spike up to 6517 swing Hi...obviously some supply in there.

Finishing here for day/week although may just pop head in office later this p.m to see what I missed.

G/L
Attached Image
ex member
  • #280,194
  • May 27, 2011 4:35am May 27, 2011 4:35am
Quoting manize
Buy a dip as usual just for only 10 - 20 pips ?
OK already hit 20 pips !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #280,195
  • May 27, 2011 4:46am May 27, 2011 4:46am
6428/30 on my screen, weekly close important obv.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 34 KB
Hero calls followed by margin calls...
  • #280,196
  • May 27, 2011 4:47am May 27, 2011 4:47am
Quoting nAVIN2007
needs to get through this area its a problem spot..if it absolutely no reason why 1.67 cannot be hit
1700 pip stop?
Hero calls followed by margin calls...
  • #280,197
  • May 27, 2011 4:56am May 27, 2011 4:56am
Quoting fendi
I ave my eye glued to 1.6550-75, nothing stopping us
entering some long orders ?
Give me patience
  • #280,198
  • May 27, 2011 5:07am May 27, 2011 5:07am
Quoting Bullfx
entering some long orders ?
wait for weekly close....dont jump onto a running train..... u missed it.

wait for next setup
Hero calls followed by margin calls...
  • #280,199
  • May 27, 2011 5:22am May 27, 2011 5:22am
kil heo confirm your email
  • #280,200
  • May 27, 2011 5:42am May 27, 2011 5:42am
Quoting PhAnTi'
wait for weekly close....dont jump onto a running train..... u missed it.

wait for next setup
Thanks. I'm out, my long hit SL
Give me patience
265 traders viewing now, 2 are registered:
smtchris71
,
TooSlow