Cable Update (GBPUSD) | Page 1342 | 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)

  • #26,821
  • Aug 24, 2007 2:06pm Aug 24, 2007 2:06pm

And...that's it

My platform is off,my beer is off, I am off...for the week

Have a nice and full of joy weekend all of you.

See you all on Monday

God bless

Vivere pericolosamente...
  • #26,822
  • Aug 24, 2007 2:15pm Aug 24, 2007 2:15pm
Me, too I'm off... Hitting the road later on to stay 100km from this computer...

This was a week I commited myself with hard non-stop work with the feeling that we would see some sharp recover off the bottom.

Turns out it was true.

It's not always that we have some remarkable trading days like those last few.

I just fear for bravado. Yes bravado. Guess he's drowned in a mountain of pips right now, unable to post...

Nice weekend to you all.
  • #26,823
  • Aug 24, 2007 3:24pm Aug 24, 2007 3:24pm
Quoting ClockTrader
no offense, but you people talk a lot about dow and lesser about cable here, lolz, never mind guys, just the fact that most of it is overhead transmission for me.

anyways, its been damn damn boring without opening any position, so I just started playing with cents and pennies.

Will take serious clustered positions right before monday london morning if I can understand the situation.

Good Luck and Great Weekend to all fella members here :-)
Don't forget monday's a banking holiday in UK
Cable is my sugardaddy
  • #26,824
  • Aug 24, 2007 4:00pm Aug 24, 2007 4:00pm
Quoting de123
we got some forum improvements,
ok. i tried that http://www.yogijim.com/quick-energizer.html , i helped, now im prepared for next fibo level...now i go to my dearest real friends,...pick up a girl etc ...LOL...have a good weekend...we need some beer!!
I hyperventilated

Have a great weekend everyone!
Cable is my sugardaddy
  • #26,825
  • Aug 24, 2007 4:23pm Aug 24, 2007 4:23pm
Quoting bohogirl
I hyperventilated

Have a great weekend everyone!
She's one of the guys already
  • #26,826
  • Aug 24, 2007 4:39pm Aug 24, 2007 4:39pm
Today, 7:15 am.

Daily forecast from the bulletproof strategist

Quoting pinchapip
Cable touched the fibo guys....I guess we can say bye bye to the last daily bullish candle...from now on its gonna be......

DOWN..... DOWN.... DOWN....down.......
Candle open: 2.0046

Candle close: 2.0132

Hm. Good ole cable thread.

Didn't miss much this week..
Trust price. Know yourself.
  • #26,827
  • Aug 24, 2007 5:13pm Aug 24, 2007 5:13pm
Quoting SeekingLight

Hm. Good ole cable thread.

Didn't miss much this week..
likewise
  • #26,828
  • Edited 5:58pm Aug 24, 2007 5:45pm | Edited 5:58pm
Cable daily close was 2.0130, cable high was 2.0137
Cable has higher low for the last 4 hours
These facts can give me a sign for further upward move, I still have 2 long trades running @ 1.9870 and 1.9904, I will try to open new long trades on Monday, and will keep them open till cable break 2.0348 and then I will check for my target, my target is not 2.0348, but breaking this figure can be the door that helps me for placing my target, I will try to buy at low as much I as can, I have a plan and I hope I can implement it
  • #26,829
  • Aug 24, 2007 6:24pm Aug 24, 2007 6:24pm
Quoting pino2
Cable daily close was 2.0130, cable high was 2.0137
Cable has higher low for the last 4 hours
These facts can give me a sign for further upward move, I still have 2 long trades running @ 1.9870 and 1.9904, I will try to open new long trades on Monday, and will keep them open till cable break 2.0348 and then I will check for my target, my target is not 2.0348, but breaking this figure can be the door that helps me for placing my target, I will try to buy at low as much I as can, I have a plan and I hope I can implement it
The break of 2.0042 on Monday will delay or cancel my plan
  • #26,830
  • Aug 24, 2007 6:39pm Aug 24, 2007 6:39pm
I'm with ya Pino....with UK on holiday this Monday, looking for pound to do a little retrace somewhere just below 0100 to reenter for a long.....
  • #26,831
  • Aug 24, 2007 6:59pm Aug 24, 2007 6:59pm
There's lots of strong resistance up ahead...2.0155 is the 50% Fibo of the entire move down, and 2.0180 is the 50 Day SMA....it's going to be pretty tough to break those, which will really be a test of true cable strength next week.

-Dickens
  • #26,832
  • Aug 24, 2007 7:09pm Aug 24, 2007 7:09pm
As I said earlier today - draw a trendline from July 24th to August 6th and we are sitting right under at the close. I expect a retrace down to at least 2.0000

Time will tell.
  • #26,833
  • Aug 24, 2007 7:10pm Aug 24, 2007 7:10pm
Welcome ForexDragon
  • #26,834
  • Aug 24, 2007 7:21pm Aug 24, 2007 7:21pm
Quoting SunTrader
As I said earlier today - draw a trendline from July 24th to August 6th and we are sitting right under at the close. I expect a retrace down to at least 2.0000

Time will tell.
At the risk of looking lacking, what are you talking about here and
what parameters are you using for your trendline?

Thank you.
  • #26,835
  • Aug 24, 2007 7:53pm Aug 24, 2007 7:53pm
Quoting SunTrader
Welcome ForexDragon
Thanks SunTrader! Hope to learn more from you all!

-Dickens
  • #26,836
  • Aug 24, 2007 9:22pm Aug 24, 2007 9:22pm
Quote
The key to accumulating wealth in the Forex Market is CONSISTENCY. Remember, Warren Buffett's wealth was accumulated by consistently compounding about 25% a year, for about 40 years.

yass, this compounding formula works great, also read in "rich dad poor dad" the combo of savings + compounding can make you a millionaire easily and even many billions depending upon the amt. Nothing beats this provided you can do this consistently with tremendous patience. The fact is that each time I talk to anyone about financial markets, I tell them about this formula and suggest save in mutual funds or equity depending on their skill sets. It takes hell of patience and its not overnight get rich stuff, but its something real n possible. If you are too old, try and start this for your next generation and let them continue.
Hello World!
  • #26,837
  • Aug 24, 2007 9:31pm Aug 24, 2007 9:31pm
Quote
Forex is not:
- a get rich quick investment vehicle.

I think this doesn't apply to guys like Bravado, prolly being new here, I haven't seen any of his call here yet, but as people talk, he is a good in this biz and beyond your quote, lolz
Hello World!
  • #26,838
  • Aug 25, 2007 4:09am Aug 25, 2007 4:09am
i know there is a lot of talk about this chart says this or that chart says something els. do the chart's systems take into consideration the new market? that being the carry trade and the carry trade unwind? NO! this is one thing we must consider, it is not just charting the market, it is also figuring out what the carry traders are going to do. Much like corporate America has continually tried to find what the US baby boomer's want cuz they know they are a huge market, the biggest in a long time of USA history. So what is the carry trade going to do on sunday when it opens? well i was wondering if any of were think the gbp/usd very well may go to 2.0250. What are your thoughts?
Fear is the mind killer.
  • #26,839
  • Aug 25, 2007 5:32am Aug 25, 2007 5:32am
Good reading

http://www.cnbc.com/id/20424405
  • #26,840
  • Aug 25, 2007 4:18pm Aug 25, 2007 4:18pm
This should set up for an interesting September and end of 4th quarter/fiscal year....
733 traders viewing now, 1 is registered: