Cable Update (GBPUSD) | Page 2409 | 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)

  • #48,161
  • Jan 4, 2008 5:50am Jan 4, 2008 5:50am
Last Call SHORT in 1.9780
  • #48,162
  • Jan 4, 2008 5:54am Jan 4, 2008 5:54am
took profit, I am out.
  • #48,163
  • Jan 4, 2008 5:54am Jan 4, 2008 5:54am
1hr chart double pipe candle forming..
"Invest With The Insiders, Not The Masses" George Muzea
  • #48,164
  • Jan 4, 2008 5:58am Jan 4, 2008 5:58am
Quote
1hr chart double pipe candle forming..
is it the same as double high?
  • #48,165
  • Jan 4, 2008 5:58am Jan 4, 2008 5:58am
Quoting FXdaily
Last Call SHORT in 1.9780

Same as you FX Daily have another short at exactly that wont hold it past the top of my channel though

Down Cable Down
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #48,166
  • Jan 4, 2008 6:00am Jan 4, 2008 6:00am
Quoting Qu|cksilver
1hr chart double pipe candle forming..

Whats that ??
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #48,167
  • Jan 4, 2008 6:01am Jan 4, 2008 6:01am
Quoting nonick
is it the same as double high?
Yup.
Same high and same low. It is a reversal pattern.
"Invest With The Insiders, Not The Masses" George Muzea
  • #48,168
  • Jan 4, 2008 6:05am Jan 4, 2008 6:05am
Quoting Qu|cksilver
1hr chart double pipe candle forming..
what does this mean sifu???
  • #48,169
  • Jan 4, 2008 6:05am Jan 4, 2008 6:05am
Quote
It is a reversal pattern.
are you still short?
  • #48,170
  • Jan 4, 2008 6:06am Jan 4, 2008 6:06am
Thanks QS learning more every day
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #48,171
  • Jan 4, 2008 6:08am Jan 4, 2008 6:08am
In my openion i cant go short now better to watch

i have the thing is telling me it will go UP and long all the way

but H1 target is down but in H4 its little long term telling we will have good long top price today
  • #48,172
  • Jan 4, 2008 6:09am Jan 4, 2008 6:09am
Quoting nonick
are you still short?
Yes still short.
"Invest With The Insiders, Not The Masses" George Muzea
  • #48,173
  • Jan 4, 2008 6:11am Jan 4, 2008 6:11am
if it was not NFP negative I would keep my shorts, but I see negative that means cable up. Better to have less profit, than big loss. Markets will be here all the days to follow. Greed is market's worst enemy.
  • #48,174
  • Jan 4, 2008 6:13am Jan 4, 2008 6:13am
Quoting tuo850
what does this mean sifu???
It mean 2 candle with same high and same low called Double Pipe.
You can learn the pattern from a book "Encyclopedia of Chart Pattern" 2nd Edition.
Attached Image (click to enlarge)
Click to Enlarge Name: double.gif Size: 9 KB
"Invest With The Insiders, Not The Masses" George Muzea
  • #48,175
  • Jan 4, 2008 6:17am Jan 4, 2008 6:17am
thank sifu, still a learner, new thing everyday. wish others as helpful as well.
  • #48,176
  • Jan 4, 2008 6:19am Jan 4, 2008 6:19am
Quoting forexguru
if it was not NFP negative I would keep my shorts, but I see negative that means cable up. Better to have less profit, than big loss. Markets will be here all the days to follow. Greed is market's worst enemy.

Absolutely if your not 70 % sure don’t do it, I will probably close one position and hedge another before news. There were a lot of signals for a short though

I am not a news trader
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #48,177
  • Jan 4, 2008 6:19am Jan 4, 2008 6:19am
both candle is same width and height may be that also mean we can have upside movment

bottom same and top same how we can call its down or up

actually if we can see channel break upside i am thinking we can go up???

i need to watch as i am still learning


may be little go down we can call partial rise declien??
Attached Image (click to enlarge)
Click to Enlarge Name: up1.gif Size: 18 KB
  • #48,178
  • Jan 4, 2008 6:24am Jan 4, 2008 6:24am
Quoting Designer1
both candle is same width and height may be that also mean we can have upside movment

bottom same and top same how we can call its down or up

actually if we can see channel break upside i am thinking we can go up???

i need to watch as i am still learning


may be little go down we can call partial rise declien??
If you need more information in detail about that candle pattern, you can refer to the book that i have mentioned. I did sent you the ebook.
"Invest With The Insiders, Not The Masses" George Muzea
  • #48,179
  • Jan 4, 2008 6:25am Jan 4, 2008 6:25am
Quoting Qu|cksilver
If you need more information in detail about that candle pattern, you can refer to the book that i have mentioned. I did sent you the ebook.
yes i will check it again
  • #48,180
  • Jan 4, 2008 6:28am Jan 4, 2008 6:28am
Quoting Qu|cksilver
If you need more information in detail about that candle pattern, you can refer to the book that i have mentioned. I did sent you the ebook.
in my chart both candle is differnt you can see last two candle its totally different
215 traders viewing now