Cable Update (GBPUSD) | Page 930 | 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)

  • #18,581
  • Jul 13, 2007 4:53am Jul 13, 2007 4:53am
Quoting bksujal
Thinking To Sell At .0327 Coz Rsi Over 70 Wht Do U Guys Think?
Not so keen on goin short ...already broke out of channel and heading up higher.

I would suggest you to find a system and practice and be confident making trades using that.

Asking for tips here is not a good idea.
  • #18,582
  • Jul 13, 2007 4:54am Jul 13, 2007 4:54am
Quoting angiegiles00
Please don't go el duende, I and others too, value your input to the thread....You are sticking to your plan (as I can see you are doing). You feel comfortable with your trading decision and we should respect that. Do not let silly comments from others deter you from contributing to the thread.

agree with u, its just like culture here in this thread to provoked another ppl that write the wrong analysis confidently or sometimes proud with theirs. then the argue will never end... it'll if either 1 analysis wrong.. kinda humors but its really bad..
  • #18,583
  • Jul 13, 2007 4:55am Jul 13, 2007 4:55am
break of 0300 was a LONG entry. But nooooo... Why trade it so easily??? We want adrenalin... We want to go SHORT

Same old crap since 9920...
  • #18,584
  • Edited 5:43am Jul 13, 2007 4:57am | Edited 5:43am
Quoting bksujal
Thinking To Sell At .0327 Coz Rsi Over 70 Wht Do U Guys Think?

Hi bksujal
thats not a good enough reason...

Depends on what timeframe/RSI you are using and for how much you are aiming

The RSI14-Daily has been above the 70 level on the 29 June to 4 July and again since the 9th July, and still GU-Bulls are raving
  • #18,585
  • Jul 13, 2007 5:01am Jul 13, 2007 5:01am
henrycarol talks with sense, i like it
Trade what you see, not what you think.
  • #18,586
  • Jul 13, 2007 5:03am Jul 13, 2007 5:03am
Quoting cesarnc
break of 0300 was a LONG entry. But nooooo... Why trade it so easily??? We want adrenalin... We want to go SHORT

Same old crap since 9920...


As long as Cable is a market, it can be traded both directions all the time. Not adrenalin, just pips.
  • #18,587
  • Jul 13, 2007 5:04am Jul 13, 2007 5:04am
Quoting deboooo2005
Hello Henry
i'm go long with cable 2.0259 with stop lose @ 2.0254 as i mention its support and if its broke we'll see 2.0216 and now my target is 2.0353 then 2.0404 then 2.0447 i hope to see it today and i told before when cable above 2.0310 & EUR above 1.3776 so it will goes up .... i just short in the morning from 2.0295 to 2.0260 then i long from 2.0259 .... thanks
I closed my long @ 2.0330 ... Profit 71 pips and morning short 35 Pips = total is 106 pips + .... i'm out market today ... its engouh to me ....
  • #18,588
  • Jul 13, 2007 5:09am Jul 13, 2007 5:09am
GBP trade near by the aim 2.05. Today we will see max's 2.20 and 2.40.
  • #18,589
  • Jul 13, 2007 5:11am Jul 13, 2007 5:11am
Quoting deboooo2005
I closed my long @ 2.0330 ... Profit 71 pips and morning short 35 Pips = total is 106 pips + .... i'm out market today ... its engouh to me ....
COngrats.....at least you aren't that greedy 100pips gain a day is cool.

Today is Friday the 13th

wOOT.....
  • #18,590
  • Jul 13, 2007 5:12am Jul 13, 2007 5:12am
Quoting 1st_lane
agree with u, its just like culture here in this thread to provoked another ppl that write the wrong analysis confidently or sometimes proud with theirs. then the argue will never end... it'll if either 1 analysis wrong.. kinda humors but its really bad..
Hei.. i totally respects those who give out their reasons for what they believe even though they stand on the opposite side.. but what can u expect if some just keep screaming "cable will go down" or "we will see 97 next week" with totally no reasons to back them (speaking of who provoking who)..
I even respects more of those who admit their mistakes and have a good laugh at it.. instead of being offended..

I think this discussions should ends here.. have a good trade and good weekend..
  • #18,591
  • Jul 13, 2007 5:20am Jul 13, 2007 5:20am
Quoting henrycarol
COngrats.....at least you aren't that greedy 100pips gain a day is cool.

Today is Friday the 13th

wOOT.....
Yeah henry Today is 13th .... in forex if you cannot control your greed ... u will lose ... you know sometime i close with no profit .... greed is big risk in the market

i hope u donig well henry ...
  • #18,592
  • Jul 13, 2007 5:53am Jul 13, 2007 5:53am
GBP/USD

Daily Pivots: (S1) 2.0260; (P) 2.0313; (R1) 2.0355; More
Cable is still limited by trend line resistance (now at 2.0369) and retreats mildly since then. Mild bearish divergence condition is seen in 4 hours RSI and a short term top could be around the corner. However, a break below 2.0243 cluster support (38.2% retracement of 2.0056 to 2.0363 at 2.0246) is needed to confirm. Otherwise, further rally is still in favor and decisive break of the trend line resistance will encourage further rally towards next upside target of 100% projection of 1.9183 to 2.0132 from 1.9621 at 2.0570.
On the downside, below 2.0243 will put short term rising trend line (now at 2.0170) into focus and break of this trend line support will indicate that whole rise from 1.9621 has completed. Deeper correction should then be seen towards 2.0056 support.
In the bigger picture, sustained break of 2.0207 projection target confirms underlying upside momentum is still strong. Also, it added much credence to the case that whole up trend from 1.7047 is resumption of multi-year up trend from 1.3680. In such case, further rally should then be seen to 61.8% projection of 1.3680 (01 low) to 1.9554 (05 high) from 1.7047 (05 low) at 2.0677 first.
On the downside, break of short term rising trend line (now at 2.0170) will argue that the rally from 1.9621 has made a top and bring deeper correction. But still further rise is expected with cable still being supported well above medium term rising trend line (now at 1.9768).
  • #18,593
  • Jul 13, 2007 5:56am Jul 13, 2007 5:56am
Quoting persian.forex
GBP/USD

Daily Pivots: (S1) 2.0260; (P) 2.0313; (R1) 2.0355; More
Cable is still limited by trend line resistance (now at 2.0369) and retreats mildly since then. Mild bearish divergence condition is seen in 4 hours RSI and a short term top could be around the corner. However, a break below 2.0243 cluster support (38.2% retracement of 2.0056 to 2.0363 at 2.0246) is needed to confirm. Otherwise, further rally is still in favor and decisive break of the trend line resistance will encourage further rally towards next upside target of 100% projection of 1.9183 to 2.0132 from 1.9621 at 2.0570.
On the downside, below 2.0243 will put short term rising trend line (now at 2.0170) into focus and break of this trend line support will indicate that whole rise from 1.9621 has completed. Deeper correction should then be seen towards 2.0056 support.
In the bigger picture, sustained break of 2.0207 projection target confirms underlying upside momentum is still strong. Also, it added much credence to the case that whole up trend from 1.7047 is resumption of multi-year up trend from 1.3680. In such case, further rally should then be seen to 61.8% projection of 1.3680 (01 low) to 1.9554 (05 high) from 1.7047 (05 low) at 2.0677 first.
On the downside, break of short term rising trend line (now at 2.0170) will argue that the rally from 1.9621 has made a top and bring deeper correction. But still further rise is expected with cable still being supported well above medium term rising trend line (now at 1.9768).
Long story short, if it won't go up it will go down

  • #18,594
  • Jul 13, 2007 6:27am Jul 13, 2007 6:27am
Quoting cesarnc
Long story short, if it won't go up it will go down

I do not know !
byebye costly moments.
  • #18,595
  • Jul 13, 2007 6:38am Jul 13, 2007 6:38am
Okay, time to give our friend Cable a little push...

GO UP YOU LAZY PIG!!!!! IT'S A 0400 DAY!!!!!!!!!
  • #18,596
  • Jul 13, 2007 6:44am Jul 13, 2007 6:44am
Quoting cesarnc
Okay, time to give our friend Cable a little push...

GO UP YOU LAZY PIG!!!!! IT'S A 0400 DAY!!!!!!!!!
You need to have that bull in a ring with a 0400 sign, so he can start heading towards it.....
  • #18,597
  • Jul 13, 2007 6:50am Jul 13, 2007 6:50am
Quoting cesarnc
I still have two major deficiencies:

................ and the usual psychologic crap. Overtrading, getting emotional....
Really?
  • #18,598
  • Jul 13, 2007 6:51am Jul 13, 2007 6:51am
yes I think like you too , with news it should go up in next hours !
byebye costly moments.
  • #18,599
  • Jul 13, 2007 7:04am Jul 13, 2007 7:04am
Quoting Warper
Really?
Working on it
  • #18,600
  • Jul 13, 2007 7:08am Jul 13, 2007 7:08am
Maybe this should push both pairs up a little!

http://bloomberg.com/apps/news?pid=2...refer=currency
440 traders viewing now, 4 are registered:
,
RSdecompose
,
CPUmice
,
Ahsan