Cable Update (GBPUSD) | Page 592 | 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)

  • #11,821
  • May 2, 2007 12:16am May 2, 2007 12:16am
Here is the Usd/Gbp

This is what I see ........
618 % Line has been violated ( See yellow line )

Now it's all about staying above 9890 .................Good luck Cable bulls !

----------------------------------------------------------------
Please excuse me for posting 3 charts in a row

This thread sure moves fast

- Why so few people post charts in here ? ...

Great thread here anyways
but sure need more visuals charts in here
Attached Image (click to enlarge)
Click to Enlarge Name: GBP-05-02-2007-#1.jpg Size: 90 KB
  • #11,822
  • May 2, 2007 12:49am May 2, 2007 12:49am
Quoting wshhmm
How come not many to say the long game is over.

It is over for the long side.

Now it is time to short it.
So, you are not shorting GBPUSD?

Or just short term?
  • #11,823
  • May 2, 2007 12:56am May 2, 2007 12:56am
Quoting BurgerKing
So, you are not shorting GBPUSD?

Or just short term?

I am waiting to short the rally in 60 minutes around 9989, and I do think a big correction is coming to 9850 or below.
  • #11,824
  • May 2, 2007 1:04am May 2, 2007 1:04am
The buying of the euro and selling of the swissy started around 00:45 and an hour later, cable joined in from a low of 9937.

Is this just a bounce, or the resumption of the rally?

I guess the action after the London Open will tell us - I´m long for now.
Trading Levels with WRBs
  • #11,825
  • May 2, 2007 1:10am May 2, 2007 1:10am
Quoting Islander
Is this just a bounce, or the resumption of the rally?
I guess the action after the London Open will tell us - I´m long for now.
And me.
Do not focus on making money; focus on protecting what you have.
  • #11,826
  • May 2, 2007 1:17am May 2, 2007 1:17am
More here.
Do not focus on making money; focus on protecting what you have.
  • #11,827
  • May 2, 2007 1:19am May 2, 2007 1:19am
Quoting Why Oh Why
And me.
long too
  • #11,828
  • May 2, 2007 1:51am May 2, 2007 1:51am
Quoting wshhmm
How come not many to say the long game is over.

It is over for the long side.

Now it is time to short it.
it is short time i agree with you ( it is over for the long side )
  • #11,829
  • May 2, 2007 1:56am May 2, 2007 1:56am
Quoting mejoo
it is short time i agree with you ( it is over for the long side )
Well, you just have to wait for price to reach 2.000 before you see posting of I fished a long at 1.9937? and a smile .
Would be nice if market can test a little lower before recovering.
Still waters run deep
  • #11,830
  • May 2, 2007 2:06am May 2, 2007 2:06am
Quoting barak
Well, you just have to wait for price to reach 2.000 before you see posting of I fished a long at 1.9937? and a smile .
Would be nice if market can test a little lower before recovering.
hope you make money, the price action is wired in long side. i am waiting to get short.
  • #11,831
  • May 2, 2007 2:07am May 2, 2007 2:07am
A break below .9900-10 (bullish support line) will confirm bearish time. But for now im getting ready for bottom fishing. Im still believe in long.
  • #11,832
  • May 2, 2007 2:11am May 2, 2007 2:11am
Quoting dd33
A break below .9900-10 (bullish support line) will confirm bearish time. But for now im getting ready for bottom fishing. Im still believe in long.
My reference for you. Your odd depends on where the ongoing correction C ends. (after the NFP I guess)

cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 39 KB
凹凸 only
  • #11,833
  • Edited 2:23am May 2, 2007 2:12am | Edited 2:23am
Im out on my short @ 1.9925.

Im now waiting for a 10:00-10:30 UTC Box Breakout..

The box is currently 1.9940 and 1.9920 (20 pip range). Based on experience, a move will occur by 10:30UTC on the opposite site of where it ended. ie, if by 10:30, the price is near 1.9920, then its a bull.. Not 100% accurate but appeared to be more often than not. I made pips yesterday doing just that though.

This is only a short term move - not necessary 50~100 pips
  • #11,834
  • May 2, 2007 2:13am May 2, 2007 2:13am
Long at .9924. TP 2.0070, SL 1.9900.
  • #11,835
  • May 2, 2007 2:15am May 2, 2007 2:15am
Hi all

I think buy Cable @ 1.9916 is good Position with SL @1.9886
Attached Image
  • #11,836
  • Edited 2:42am May 2, 2007 2:27am | Edited 2:42am
Is 1.9915 a support drawn from your FIB? Trendlines?

Anyways. Im in at 1.9915; price was near (correction) 1.9920 so if I believe my observation, it will move up from here
  • #11,837
  • May 2, 2007 2:40am May 2, 2007 2:40am
Quoting BurgerKing
Is 1.9915 a support drawn from your FIB? Trendlines?

Anyways. Im in at 1.9915; price was hear 1.9920 so if I believe my observation, it will move up from here
lol, im in at 1.9914 my system is showing a strong buy this thing is going up from here.
If I Go Broke Trying Then I Will die happy.
  • #11,838
  • May 2, 2007 2:49am May 2, 2007 2:49am
Quoting BurgerKing
Is 1.9915 a support drawn from your FIB? Trendlines?

Anyways. Im in at 1.9915; price was near (correction) 1.9920 so if I believe my observation, it will move up from here
1.9914 is a daily pivot 2nd support level, it's also a ST channel bottom as chart posted above shows, and 1.9911 is a 78.6% fibo level (27th april low - 1st may high).

odds still favour the long side above 1.9900, imo.
  • #11,839
  • May 2, 2007 2:52am May 2, 2007 2:52am
Quoting BurgerKing
Is 1.9915 a support drawn from your FIB? Trendlines?

Anyways. Im in at 1.9915; price was near (correction) 1.9920 so if I believe my observation, it will move up from here
Bullish trendlines in my h1 chart is .9922. But below it there is a 61.8 fib (1.9780 - 2.0133) at 1.9915. Nice jump in.
  • #11,840
  • May 2, 2007 2:57am May 2, 2007 2:57am
i'm waiting for 1.9885 then will made a LONG TP 2.0015

Waiting for US data, and we shall see what in store for Cable.

At the same time, another long for G/J at 237.50-80 area. Looking at 239.75
231 traders viewing now, 1 is registered:
bblizardd