Cable Update (GBPUSD) | Page 2594 | 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)

  • #51,861
  • Feb 4, 2008 4:17am Feb 4, 2008 4:17am
Quoting rashad757
do u see resistance at 1.9788
my res. is at 1.9774... 50 EMA and london daily pivot.

bad ass resistance. 2 hours ago and just now was touched but not broken..
Hope it will be broken :$
  • #51,862
  • Feb 4, 2008 4:22am Feb 4, 2008 4:22am
Ben, just curious, r u trading live or demo...
  • #51,863
  • Feb 4, 2008 4:23am Feb 4, 2008 4:23am
Quoting Bernanke_Sr
my res. is at 1.9774... 50 EMA and london daily pivot.

bad ass resistance. 2 hours ago and just now was touched but not broken..
Hope it will be broken :$
It will be broken.. we waited this much.. so lets wait a little longer together, and then celebrate once we see 1.98
  • #51,864
  • Feb 4, 2008 4:31am Feb 4, 2008 4:31am
There is 200 MA out there in 1 Hour chart.. so hope it gets crossed .. in 1-2 hours from now..
  • #51,865
  • Feb 4, 2008 4:34am Feb 4, 2008 4:34am
Quoting jacobtrader
It will be broken.. we waited this much.. so lets wait a little longer together, and then celebrate once we see 1.98
oh hell yeah i am waiting not just until 1.98 maybe i might be spoiled until 2.00 but will look at my charts and decide.

ahh if only we can beat the london pivot..
  • #51,866
  • Feb 4, 2008 4:35am Feb 4, 2008 4:35am
Quoting jacobtrader
There is 200 MA out there in 1 Hour chart.. so hope it gets crossed .. in 1-2 hours from now..
yeahh.. well basicaly 200 EMA on 1H and 50 EMA on 4H are exact same indicators... 1.9774... and add the london pivot there as well which is 1.9774... We either fall hard or sky rocket.. I cant see any other option... it wont breach 1.9774 for 20 pips and go down.
  • #51,867
  • Feb 4, 2008 4:41am Feb 4, 2008 4:41am
Twice failed to break 50% Median on M30 chart. I just SHORTED and will be placing SL a few pips above that 50% Median. This is just for short term trading targetting 10 to 20 pips or more... depends on the market psychology later on.

On the Daily chart... CABLE already breaking the upper RESISTANCE on the DownTrend Channel. Sign to go UP... isn't it?

Tough to trade nowadays. Rate cut is doing the opposite effect
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd716a.PNG Size: 53 KB
Click to Enlarge Name: gbpusd714a.PNG Size: 43 KB
  • #51,868
  • Feb 4, 2008 4:43am Feb 4, 2008 4:43am
Haha Malaysia

I like this signature of urs

I am not interested in how much you have made for today.
I am only interested on how long you have survive in this hazardous market.

  • #51,869
  • Feb 4, 2008 4:46am Feb 4, 2008 4:46am
Quoting jacobtrader
Haha Malaysia

I like this signature of urs

I am not interested in how much you have made for today.
I am only interested on how long you have survive in this hazardous market.
Oh yeah... to make profit can be so easy and boring sometimes in Forex... but to maintain... sustain... and survive long.... that's another story
  • #51,870
  • Feb 4, 2008 4:53am Feb 4, 2008 4:53am
1.9774 is hit for the third time just now...

nervous nervous...

BREAK IT YOU:
  • #51,871
  • Feb 4, 2008 5:09am Feb 4, 2008 5:09am
Quoting Bernanke_Sr
1.9774 is hit for the third time just now...

nervous nervous...

BREAK IT YOU:

I think it’ll test the area 1.9720 ~ 1.9700 before break 1.98 area
  • #51,872
  • Feb 4, 2008 5:13am Feb 4, 2008 5:13am
Quoting Abuawad
I think it’ll test the area 1.9720 ~ 1.9700 before break 1.98 area
That's what I am waiting for Tough huh at that resistance.... triple tested and still holding. Not wanting to go up or down. Which one will give up or exhausted first? Bull or Bear? Break it... 1.98 area all the way.
  • #51,873
  • Feb 4, 2008 5:18am Feb 4, 2008 5:18am
Quoting Malaysia
That's what I am waiting for Tough huh at that resistance.... triple tested and still holding. Not wanting to go up or down. Which one will give up or exhausted first? Bull or Bear? Break it... 1.98 area all the way.
hope everything with the wife is ok, glad to see you back!!
dont worry, it is going up.............
  • #51,874
  • Feb 4, 2008 5:25am Feb 4, 2008 5:25am
grrrr... on 15 m charts.. 1.9774 is tested for the 5th time just now...
  • #51,875
  • Feb 4, 2008 5:27am Feb 4, 2008 5:27am
Quoting Bernanke_Sr
grrrr... on 15 m charts.. 1.9774 is tested for the 5th time just now...
that means, bulls are STRONG!!, it will break it, dont worry. if not now, at 10am est!
  • #51,876
  • Feb 4, 2008 5:31am Feb 4, 2008 5:31am
Quoting Abuawad
I think it’ll test the area 1.9720 ~ 1.9700 before break 1.98 area
I dont agree on that , What it will do is it will go to 1.9820 and then fall from there .. I think so you are not aware that it already went to 1.9725 levels and was pushed up from there.
  • #51,877
  • Feb 4, 2008 5:35am Feb 4, 2008 5:35am
Quoting Abuawad
I think it’ll test the area 1.9720 ~ 1.9700 before break 1.98 area
This will not happen, 1.9749 is acting as support right now.
  • #51,878
  • Feb 4, 2008 5:40am Feb 4, 2008 5:40am
After the retacement in my opinion the only way would be south.

Go long from 61.8 ~ 1.9835/1.9830.

(resized.sry.)

http://img209.imageshack.us/img209/8...2008dq1fh6.jpg
  • #51,879
  • Feb 4, 2008 5:42am Feb 4, 2008 5:42am
Now cable retraced about 50 % from drop, so at least for few hours we should see going south and only then cable will decide what to do
  • #51,880
  • Feb 4, 2008 5:42am Feb 4, 2008 5:42am
eye4spot,

please resize your chart
408 traders viewing now, 3 are registered:
bblizardd
,
Spekulanta
,