Cable Update (GBPUSD) | Page 3211 | 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)

  • #64,201
  • May 5, 2008 8:30am May 5, 2008 8:30am
Quoting Bones
Im with Nav on this one looks like we have seen the low of the day.
that exactly the reason i went long but it is flipping hard..man i hate picking bottoms.....lol especially when the bias is down

i guess we gonna have to wait and see
  • #64,202
  • May 5, 2008 8:31am May 5, 2008 8:31am
Quoting Bones
Im with Nav on this one looks like we have seen the low of the day.
Nah, I dont think so. Not until we hit that bottome trendline on the 4hr. The cable has no reason to go up, none at all. We hit a lower high, now time for the lower low.

  • #64,203
  • May 5, 2008 8:34am May 5, 2008 8:34am
Quoting satutrade
carera how about your gartly patern now???
Is looking good. But I won't buy until this 4H candler close. I still have my short position open. Thinking close ½ of it.

But for sure I will pay attention to this Gartley form. At lease for a 38% to 61% as I make my chart bellow to get some pips.

Sorry for the mess guys in this chart bellow.
Attached Image (click to enlarge)
Click to Enlarge Name: Gartley.png Size: 113 KB
  • #64,204
  • May 5, 2008 8:40am May 5, 2008 8:40am
Well.. weekly consolidation comes to its end.. Whatever witch side break will occurs, it'll occurs very soon..

Since April 16th, it's only the second time we see a 4-hour close below 1.97. Last time we saw an interesting swing up.. waiting quietly, I'm shorting only below 9650..
Attached Image (click to enlarge)
Click to Enlarge Name: gbp_weekly_ok.GIF Size: 10 KB
  • #64,205
  • May 5, 2008 8:40am May 5, 2008 8:40am
ok lets see what happen there,maybe it's can be true patern...
  • #64,206
  • May 5, 2008 8:40am May 5, 2008 8:40am
no resaon,..more buyers then sellers is one hell of a reason to me...ok. now seriously i have a vison,..i see cable hiting 2.0366 in 2 month time,...whether u like it or not, thats the price i wona see....bang,...and u have reason...
its just money
  • #64,207
  • May 5, 2008 8:44am May 5, 2008 8:44am
Could be why this thing is lagging. Maybe a surprise coming.

Quoting Danger
My gut says the GU is going to go down after the ISM Non-Manufacturing Composite comes out in about 30 mins. It's good to follow ur instinct sometimes.
  • #64,208
  • May 5, 2008 8:45am May 5, 2008 8:45am
Ok, price (& traders) are searching for a direction, hey, here is the Monday gift !

Weekly Market Outlook for GBP/USD : weekly, daily & 4hours TA inside. Hope this helps.

rgds

WFXAdvisor
Attached File(s)
File Type: pdf wmo_gbpusd.pdf   51 KB | 413 downloads
  • #64,209
  • May 5, 2008 8:47am May 5, 2008 8:47am
i have 12 and 8 pips spread at the moment....



Quoting WarrenBuffet
Gbp/ Chf Spread Is 21 Pips While Geppy Spread Is 12 Pips./....


Is Fxcm (fxscam) The Worst In This Industry?


U Really Have To Be Very Very Very Very Good In Forex Trading To Survive Fxcm Service!!
  • #64,210
  • May 5, 2008 8:51am May 5, 2008 8:51am
E/J is running up, lets see if it has an effect and pulls G/U with it
  • #64,211
  • May 5, 2008 8:55am May 5, 2008 8:55am
I only trade with the Fundamental trend on GU which is definately bullish, so only look for long entry. I have my stops below 1.9600. Lets see what ISM brings..
Happy trading all
  • #64,212
  • May 5, 2008 9:03am May 5, 2008 9:03am
Good news for U.S., a pleasant surprise, may have to load my shorts........LOL
  • #64,213
  • May 5, 2008 9:05am May 5, 2008 9:05am
Majic Number here is .9961
  • #64,214
  • May 5, 2008 9:05am May 5, 2008 9:05am
Quoting hard1head1
Good news for U.S., a pleasant surprise, may have to load my shorts........LOL
yep
USD Est Non Mortuus
  • #64,215
  • May 5, 2008 9:08am May 5, 2008 9:08am
Quoting hard1head1
Good news for U.S., a pleasant surprise, may have to load my shorts........LOL

LOADED!!
  • #64,216
  • May 5, 2008 9:10am May 5, 2008 9:10am
Quoting hard1head1
Majic Number here is .9961
If it doesn't break 1.9650 in a decisive way, I will close my short and my platform.
The quality of your life is brought about by the quality of your thinking.
  • #64,217
  • May 5, 2008 9:10am May 5, 2008 9:10am
Hey Guys, those numbers may take us thru the bottom here, any comments?

Jim
  • #64,218
  • May 5, 2008 9:12am May 5, 2008 9:12am
Quoting hard1head1
Hey Guys, those numbers may take us thru the bottom here, any comments?

Jim
previous page
The quality of your life is brought about by the quality of your thinking.
  • #64,219
  • May 5, 2008 9:14am May 5, 2008 9:14am
My instinct was dead on target! Sweet!
Don't be afraid to challenge the pros, even in their own backyard.
  • #64,220
  • May 5, 2008 9:15am May 5, 2008 9:15am
I'm out of here, no point in hanging on to this short. Closed the remaining 1/4.
The quality of your life is brought about by the quality of your thinking.
343 traders viewing now, 2 are registered:
,
Olu