Cable Update (GBPUSD) | Page 4209 | 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)

  • #84,161
  • Aug 26, 2008 4:08pm Aug 26, 2008 4:08pm
Quoting gagakrimba
Long GU ? Are you sure about it? I think its going to 1.7XXX
I am looking for 1.7XXX also but until Guatav (Cat. 3-5) gets out of the way or misses the oil producing rigs in the Gulf of Mexico I am thinking oil up and GU long.

I am a day trader.... I seldom cary a trade more then 6 to 8 hrs. (usually after a couple of hrs. I am wanting to take all the profit.) I will get out when price just begains to look like it is turning on the 5M and then I will look for another entry.

I hate for the market to hold my money! The longer it holds my $$$$$ the more chance it will keep it.

  • #84,162
  • Aug 26, 2008 4:33pm Aug 26, 2008 4:33pm
Quoting Shilva
I am looking for 1.7XXX also but until Guatav (Cat. 3-5) gets out of the way or misses the oil producing rigs in the Gulf of Mexico I am thinking oil up and GU long.

I am a day trader.... I seldom cary a trade more then 6 to 8 hrs. (usually after a couple of hrs. I am wanting to take all the profit.) I will get out when price just begains to look like it is turning on the 5M and then I will look for another entry.

I hate for the market to hold my money! The longer it holds my $$$$$ the more chance it will keep it.


That storm needs to track towards the Louisiana coastline for maximum impact on oil prices. Historically, the storms that form off of or track off of the west coast of Florida towards the LA coastline will have the most impact on oil price due to most of the production facilities being clustered through this area.
  • #84,163
  • Aug 26, 2008 4:37pm Aug 26, 2008 4:37pm
This trade is based purely on Geo-Enviromental events!

In August and September every year I am looking for this set-up and...... here it is!!!!

When price breaks the 200ema on the 5m and holds I will go long again. around 8410 to 8420.

If Asis trades this down this evening then I will close my exhisting trade with a small profit and look to buy the dip.

Hurricane Trades Rule.............Bring on Gustuv.......... Blow baby blow
Attached Image (click to enlarge)
Click to Enlarge Name: aug 19, hurricane trade.JPG Size: 137 KB
  • #84,164
  • Aug 26, 2008 4:39pm Aug 26, 2008 4:39pm
hi all.

could it move even 8450 ?
  • #84,165
  • Aug 26, 2008 5:22pm Aug 26, 2008 5:22pm
It probably wont go above 1.8403 save for strong release in favor. If you look at the chart I can show you why. You can see the green candle was rejected at 1.8403, then shot thru the bext day. It will need an army to go above this low. I believe we are headed to 1.8160 tonight.

Jim

Quoting nedal26
hi all.

could it move even 8450 ?
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 26 KB
  • #84,166
  • Aug 26, 2008 5:31pm Aug 26, 2008 5:31pm
If you look at the weekly, there is not a whole lot to hold this pair up and should easily make it through the gray area to the 1.8160 by Friday. My advice is to sell on pullbacks like the one we got today and keep stop above 1.8430 area.

Jim
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 40 KB
  • #84,167
  • Aug 26, 2008 5:45pm Aug 26, 2008 5:45pm
Quoting hard1head1
If you look at the weekly, there is not a whole lot to hold this pair up and should easily make it through the gray area to the 1.8160 by Friday. My advice is to sell on pullbacks like the one we got today and keep stop above 1.8430 area.

Jim
I can subscribe to that conclusion. My trendline charts serve me well and I can see nothing keeping a short move from heading down to 1.8160.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 25 KB
  • #84,168
  • Aug 26, 2008 7:11pm Aug 26, 2008 7:11pm
Blew right through 8403. Cmon 8450
  • #84,169
  • Aug 26, 2008 7:23pm Aug 26, 2008 7:23pm
Quoting Cary_FX
Blew right through 8403. Cmon 8450

After 8450... what next?

I see it fall and flat too
  • #84,170
  • Aug 26, 2008 7:26pm Aug 26, 2008 7:26pm
I agree. It probably will fall hard.
  • #84,171
  • Aug 26, 2008 7:40pm Aug 26, 2008 7:40pm
30Min Chart
Attached Image (click to enlarge)
Click to Enlarge Name: gu30--.gif Size: 32 KB
  • #84,172
  • Aug 26, 2008 7:47pm Aug 26, 2008 7:47pm
Optimum,
Do you see GU get to 845x and possibly drop... drop like a stone in river?
  • #84,173
  • Aug 26, 2008 8:10pm Aug 26, 2008 8:10pm
Quoting peulthai
Optimum,
Do you see GU get to 845x and possibly drop... drop like a stone in river?
Dear, peulthai

We must wait for some, Only, probability, 18500 perhaps,

Ago Up After Down

First Resistance : 8443


"I Speak English little. I apologize"
  • #84,174
  • Aug 26, 2008 8:15pm Aug 26, 2008 8:15pm
Quoting Optimum
Dear, peulthai

We must wait for some, Only, probability, 18500 perhaps,

Ago Up After Down

First Resistance : 8443


"I Speak English little. I apologize"
Thanks... i had a long at 8460... and have been waiting for a reverse.
  • #84,175
  • Aug 26, 2008 8:16pm Aug 26, 2008 8:16pm
Quoting peulthai
Optimum,
Do you see GU get to 845x and possibly drop... drop like a stone in river?
It did not break 1.8450 yet.....
  • #84,176
  • Aug 26, 2008 8:20pm Aug 26, 2008 8:20pm
Quoting gagakrimba
It did not break 1.8450 yet.....
Dont understand you pal?

What do you mean?
  • #84,177
  • Aug 26, 2008 8:22pm Aug 26, 2008 8:22pm
Quoting peulthai
Thanks... i had a long at 8460... and have been waiting for a reverse.
Early You had to enter.
It can drag you.
I entry 1,8381

You know.

There isn't the recommendation.
  • #84,178
  • Aug 26, 2008 8:41pm Aug 26, 2008 8:41pm
Quoting Optimum
Early You had to enter.
It can drag you.
I entry 1,8381

You know.

There isn't the recommendation.
What entry?
long or short ?
  • #84,179
  • Aug 26, 2008 8:44pm Aug 26, 2008 8:44pm
Quoting gagakrimba
What entry?
long or short ?

I long first entry 8373, second 8381
  • #84,180
  • Aug 26, 2008 8:46pm Aug 26, 2008 8:46pm
Quoting Optimum
I long first entry 8373, second 8381
That is a good entry.....already 50+ pips profit.
What is ur TP ?
164 traders viewing now, 2 are registered:
luisinho
,