Cable Update (GBPUSD) | Page 2856 | 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)

  • #57,101
  • Mar 4, 2008 5:07pm Mar 4, 2008 5:07pm
Ok looked into it and last months private non farm held on Wednesdays was unexpectedly high and the Friday government report was low.
So the thing to watch is revisions for last months.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #57,102
  • Mar 4, 2008 5:13pm Mar 4, 2008 5:13pm
More so, if it drops from 126K to 20K ( double ) it'll be twice the expected viewed as great news, you shorts might get your day
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #57,103
  • Mar 4, 2008 5:15pm Mar 4, 2008 5:15pm
Quoting makey2u
i jus changed my TP to 9700.... i dont know why, but my gut is telling that there is going to be a nasty sell off.
Hi Makey mt TP is 2.0120 for the week.I do see possible drop to 9727 but not much further who knows ,lol
anyway best of luck to you my friend ,laters
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #57,104
  • Mar 4, 2008 5:19pm Mar 4, 2008 5:19pm
Quoting Turveyd
More so, if it drops from 126K to 20K ( double ) it'll be twice the expected viewed as great news, you shorts might get your day
Ya know I don’t tend to follow news too closely I just think news is what its going to take to kick start us, price certainly looks happy where it is at mo
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #57,105
  • Mar 4, 2008 5:28pm Mar 4, 2008 5:28pm
MACD & RSI D1 (and maybe H1) are both indicating price should go up.

But H4 for both indicates price should go down.

D1 price is clearly converging - this is the 6th day and it's just about reached the apex.

What's the group's wisdom on this?
Darkness lies one inch ahead..
  • #57,106
  • Mar 4, 2008 5:34pm Mar 4, 2008 5:34pm
Any move out of this area, will regain interest.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #57,107
  • Mar 4, 2008 6:46pm Mar 4, 2008 6:46pm
Quoting TraderJR
MACD & RSI D1 (and maybe H1) are both indicating price should go up.

But H4 for both indicates price should go down.

D1 price is clearly converging - this is the 6th day and it's just about reached the apex.

What's the group's wisdom on this?
then that shows that the price is going to be flat for another few hours on the hourly until it decides to Fall
And your mouth dropped
  • #57,108
  • Mar 4, 2008 6:51pm Mar 4, 2008 6:51pm
until it decides to Fall

You missed " or climb "


LOL
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #57,109
  • Mar 4, 2008 6:52pm Mar 4, 2008 6:52pm
Quoting nAVIN2007
lessy hows the trading going buddy ....?
hi nAV.... i'm just wake up...
didn't get any pips yesterday...
i think the possibility become 50:50 between up & down...
the sideways is long enough....
better prepare wherever it goes...
Never Give Up.....
  • #57,110
  • Mar 4, 2008 6:58pm Mar 4, 2008 6:58pm
this is definitely not a 50:50 chance between up and down..there is a huge bearish bias...head and shoulders and double top on daily, and a few very successful systems like OzFx have just called down...this would be a huge underdog story if it went up from here
  • #57,111
  • Mar 4, 2008 7:02pm Mar 4, 2008 7:02pm
Quoting makey2u
then that shows that the price is going to be flat for another few hours on the hourly until it decides to Fall
mornin' Bro'..
i hope cable find her direction today...
Never Give Up.....
  • #57,112
  • Mar 4, 2008 7:07pm Mar 4, 2008 7:07pm
Quoting samdelgado
this is definitely not a 50:50 chance between up and down..there is a huge bearish bias...head and shoulders and double top on daily, and a few very successful systems like OzFx have just called down...this would be a huge underdog story if it went up from here
i can see double tops... but not H&S..(H&S not performed completely)
actually... i still see bullish pennant since cable get into triangle...
let's see...
just my analysis....
Never Give Up.....
  • #57,113
  • Mar 4, 2008 7:16pm Mar 4, 2008 7:16pm
Well it's going down as I type, if that helps

I say 50/50 to, but if the downs get it right no biggy after all it's just 50/50.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #57,114
  • Mar 4, 2008 9:30pm Mar 4, 2008 9:30pm
man i've been saying down since last thursday... lol, SHE is going to fall... she better... i have my shot gun clocked up and ready to unload if she isnt.
And your mouth dropped
  • #57,115
  • Mar 4, 2008 9:37pm Mar 4, 2008 9:37pm
Down it goes.. expect 1.9728 within 24 hours..

http://img256.imageshack.us/img256/4520/gbpusd4hgw1.png
{Promotion Removed}
  • #57,116
  • Mar 4, 2008 9:40pm Mar 4, 2008 9:40pm
Quoting abuzant
Down it goes.. expect 1.9728 within 24 hours..

muahahahaha yesssss yeess.
And your mouth dropped
  • #57,117
  • Mar 4, 2008 10:12pm Mar 4, 2008 10:12pm
Quoting lessy
mornin' Bro'..
i hope cable find her direction today...
Sup dude, yea me too, man im gonna get on some Xbox, Wife pissed me off, GBP aint helping and im bored, Xbox 360 here i damn well come!

guys... dont stay in a trade to long... let it move to its direction... (i say down) then invest, tis to dead to get in...
And your mouth dropped
  • #57,118
  • Mar 4, 2008 10:30pm Mar 4, 2008 10:30pm
down as expected hope everyone is making good money
  • #57,119
  • Mar 4, 2008 10:48pm Mar 4, 2008 10:48pm
Quoting lessy
mornin' Bro'..
i hope cable find her direction today...
...damn cable has been torturerous this whole week!
  • #57,120
  • Mar 4, 2008 10:57pm Mar 4, 2008 10:57pm
Quoting 30pips
...damn cable has been torturerous this whole week!
it will stay like this for the rest of the week, look for a strong breakout next week.
If I Go Broke Trying Then I Will die happy.
359 traders viewing now, 1 is registered: