Cable Update (GBPUSD) | Page 3195 | 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)

  • #63,881
  • May 2, 2008 4:47am May 2, 2008 4:47am
Quoting hard1head1
Stay away for awhile and trade the momentum of this release, Nav. Wait till the news has settled into a nice trend that sometimes forms after the release. This is one release you do not want to trade on price action at the time of release, but a good one to trade on price action after the release. This release has been know to gap 200 or more pips and spreads widen upwards of 50 +, so be carefull.

Jim
im out...shall wait for things to settle, thx for advise buddy .
  • #63,882
  • May 2, 2008 4:48am May 2, 2008 4:48am
There is an evening star forming on the 15 min chart. This could mark the start of a reversal, but only a small one right now, I will be looking at the 30 Min for continuation.
  • #63,883
  • May 2, 2008 4:50am May 2, 2008 4:50am
I AM SEEING THE SAME THING , BB. NF can show us new highs.


Quoting bbmac
Cable currently in a Weekly 1hr triangle/wedge, I guess U.s NFP will decide the break up or down.

155pips Lo-Hi so far today, still below the average Daily ranges, and within the average Wkly range ahead of NFP. (y/day 197range)
  • #63,884
  • May 2, 2008 4:50am May 2, 2008 4:50am
I've closed all my positions in anticipation of NFP. Positive 206 pips for the week. I'm happy with that Shoekr. See you guys later
  • #63,885
  • May 2, 2008 4:51am May 2, 2008 4:51am
Price is just short of R1 and that kinda intrigues me, so I am going to look for a reason.
  • #63,886
  • May 2, 2008 4:51am May 2, 2008 4:51am
My Short just triggered. In fact, all three of my shorts (GU, EJ, and EU) all triggered. This will either be a very profitable day for me, or I'll be playing catch-up early next week. Good luck everyone!

Regards,
C

Quoting ciscoguy
I'm placing my [email protected] [email protected] [email protected], closing the rest @ 1.9635. All based on my fibs from the last swing. But then what do I know?


Regards,
C
{Promotion Removed}
  • #63,887
  • May 2, 2008 4:55am May 2, 2008 4:55am
There is an Inside Top on the 4 Hr T/F. Lets see if climbs thru this.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 39 KB
  • #63,888
  • May 2, 2008 4:58am May 2, 2008 4:58am
Quoting hard1head1
Price is just short of R1 and that kinda intrigues me, so I am going to look for a reason.
remeber 60 day moving average is exceeded, 62 ema and weekly pivot..dont short or even think about unless we break weekly pivot...

the market is exhausted after the long and is neutralizing...will be in a consolidation period...then might break to the top ...be carefull buddy
  • #63,889
  • May 2, 2008 5:10am May 2, 2008 5:10am
info as screenshot
Attached Image
ex member
  • #63,890
  • May 2, 2008 5:19am May 2, 2008 5:19am
Now we have an evening star forming on the 30 min chart. This could mark the start of a reversal, but only a small one right now, I will be looking at the 30 Min for continuation.
  • #63,891
  • May 2, 2008 5:21am May 2, 2008 5:21am
Quoting hard1head1
Now we have an evening star forming on the 30 min chart. This could mark the start of a reversal, but only a small one right now, I will be looking at the 30 Min for continuation.
if the new candle (this one closes below weekly pivot yur sweet i think
  • #63,892
  • May 2, 2008 5:36am May 2, 2008 5:36am
this is going to be dangerous ...if this goes up i shall be so happy cause it really will mean its all in the charts...weekly chart suggest bullish finish to week ..lets see if it pans out ..
  • #63,893
  • May 2, 2008 5:37am May 2, 2008 5:37am
we are near from breakout
Attached Image (click to enlarge)
Click to Enlarge Name: xx1.gif Size: 16 KB
  • #63,894
  • May 2, 2008 5:44am May 2, 2008 5:44am
Quoting hard1head1
Sorry, crystal ball broken.... Seriously, we have retraced beyond the 76 % Fib level where I usually would have sold. But it Non farm today and anyone without half a brain would be on the sidelines until about 8:45, but Im an idiot and paid dearly for it last night. I ignored the signs that if the news came out as advertised we woulf see a retracement and thats exactly what happened. We are coming up on R1 Pivot at 9885 and it may turn here, but look for an entry and confirmation on the lower charts. I would say its there now, but what do I know.

Jim
Jim,

I too made a hasty decision today, and veered from my usual analysis (because I didn't see a good set up). And just before UK house prices were out. Tut tut - slap

Another lesson learned!

Congrats to all those who went long today! A great way to end the week.

Rob
  • #63,895
  • May 2, 2008 5:44am May 2, 2008 5:44am
lets see
Attached Image (click to enlarge)
Click to Enlarge Name: picture.JPG Size: 114 KB
  • #63,896
  • May 2, 2008 5:49am May 2, 2008 5:49am
3 harami ..swallowed by bullish movement right through daily pivot ..very impressive...sign are all there ladies but still not a certainity as it hasnt actually broke out ....but theres pressure alright
Attached Image (click to enlarge)
Click to Enlarge Name: picture.JPG Size: 109 KB
  • #63,897
  • May 2, 2008 5:52am May 2, 2008 5:52am
Quoting priceaction
Jim,

I too made a hasty decision today, and veered from my usual analysis (because I didn't see a good set up). And just before UK house prices were out. Tut tut - slap

Another lesson learned!

Congrats to all those who went long today! A great way to end the week.

Rob
from every mistake comes a lesson ..hopefully we just learn from them, its impossible thou...cause it all comes down to user discretion...have a great weekend buddy

1.9925 needs to break otherwise still anything possible
  • #63,898
  • May 2, 2008 5:58am May 2, 2008 5:58am
Has anyone even considered the possiblity of a huge sell off today. I keep getting this funny feeling in my bones.
  • #63,899
  • May 2, 2008 6:01am May 2, 2008 6:01am
Quoting hard1head1
Has anyone even considered the possiblity of a huge sell off today. I keep getting this funny feeling in my bones.
What sell-off? It looks like it's been a huge buy out to me so far.
Expected the unexpected
  • #63,900
  • May 2, 2008 6:01am May 2, 2008 6:01am
We got a Shooting Star on the 1 Hr guys and 30 minute
574 traders viewing now, 4 are registered:
Keepa34
,
Price369
,
luisinho
,
cobblecop