Cable Update (GBPUSD) | Page 4252 | 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)

  • #85,021
  • Aug 29, 2008 2:07pm Aug 29, 2008 2:07pm
Quoting mike w
Steelhead, I appreciate your posts but I also appreciate Jamie as a fantastic trader. He has brought quite a bit of essentials to the table when it comes to potential trade possibilities. He's been around for a while, and I've seen him post some good info and some great charts along with it.

Steelhead, I understand your points on the potential profit that could have been made from those retraces. I think they are good points IF one were to follow the right technicals in order to trade the signals.

Guys, let's not get a flame war going, and get back to talking about the market and understanding it. Our job is stressing enough at times without the bashing of each other. Good luck to every one of you in your trades.

Based on the technicals at the moment, I wouldn't touch the gbp/usd unless I were already in a position. The weeklies and dailies have been showing solid bearishness for some time now and nothing on the technicals is showing a letup for me.

Have a great weekend everyone.
Very well stated!
Just digging in the trenches like everyone else!
  • #85,022
  • Aug 29, 2008 2:12pm Aug 29, 2008 2:12pm
I just close my short with 105 pips today.
have a nice weekend eveyone.
"Invest With The Insiders, Not The Masses" George Muzea
  • #85,023
  • Aug 29, 2008 2:16pm Aug 29, 2008 2:16pm
Quoting AmeriTrini
Im glad to see someone else sees him for what he is........A FAKE!! Next thing you know people are giving him their hard earned money to trade for them!!!!!!
I have tought that you are gone for good...keep your word...No politics and election campaign here...just forex.
The Market pays you to be disciplined
  • #85,024
  • Aug 29, 2008 2:21pm Aug 29, 2008 2:21pm
Quoting mima
I have tought that you are gone for good...keep your word...No politics and election campaign here...just forex.
AmeriTrini has a lot to offer this forum. Two good rules to follow in life: 1. Don't judge someone based upon their religion, 2. Don't judge someone based upon their political decisions.
Just digging in the trenches like everyone else!
  • #85,025
  • Aug 29, 2008 2:31pm Aug 29, 2008 2:31pm
Quoting eohater
AmeriTrini has a lot to offer this forum. Two good rules to follow in life: 1. Don't judge someone based upon their religion, 2. Don't judge someone based upon their political decisions.

Excellent rules my man! I noticed in your profile that you've been trading for over 5 years now. Have you traded just currencies or other instruments as well?

I'm in a transitioning period at the moment into others. I already trade the dow and S&P, but not very often. Currencies have been my bread and butter for a while now.

I'd like to hear a bit of your story as I'm always wanting to learn from others with more experience than myself.

As for quicksilver, good job on that dude!

Tone, I see you down there, what's up man?!
I dream, therefore I become.
  • #85,026
  • Aug 29, 2008 2:32pm Aug 29, 2008 2:32pm
Yes, good and important rules.
  • #85,027
  • Aug 29, 2008 2:39pm Aug 29, 2008 2:39pm
Just got back from work ..
And my take profit was set at .8175
I also had a buy at .8171 but that was missed.

Quoting Bones
Absolutely agree Nav there is no sign of buyers on daily or weekly,or monthly.
Attached Image (click to enlarge)
Click to Enlarge Name: cable ,weekly ,3 ,29th ,08.gif Size: 20 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #85,028
  • Aug 29, 2008 2:43pm Aug 29, 2008 2:43pm
Hey Mike my friend ive had a great week sold cable and Eur -Aud from the top so Im happy



Quoting mike w
Excellent rules my man! I noticed in your profile that you've been trading for over 5 years now. Have you traded just currencies or other instruments as well?

I'm in a transitioning period at the moment into others. I already trade the dow and S&P, but not very often. Currencies have been my bread and butter for a while now.

I'd like to hear a bit of your story as I'm always wanting to learn from others with more experience than myself.

As for quicksilver, good job on that dude!

Tone, I see you down there, what's up man?!
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #85,029
  • Aug 29, 2008 2:48pm Aug 29, 2008 2:48pm
Quoting Bones
Hey Mike my friend ive had a great week sold cable and Eur -Aud from the top so Im happy
That's awesome man! Good to hear it!

I haven't been in a cable trade for a while, which is why I haven't posted here at all lately. I was in an aussie and nzd trade for a good while and both ended in profit from the dailies. Other than that, I've been getting more and more 4 hour signals which are ending good.

I just closed out all my positions today and set up a few weekly trades to trigger next week as I'm leaving for that cruise tomorrow. I figure I better finish up now so I'm set and ready to leave. Hopefully that s.o.b. Gustave doesn't hit the boat, I really don't want to meet that guy lol
I dream, therefore I become.
  • #85,030
  • Aug 29, 2008 3:01pm Aug 29, 2008 3:01pm
Quoting Bones
Just got back from work ..
And my take profit was set at .8175
I also had a buy at .8171 but that was missed.
great job bro..welldone......

u nailed it ...lucky thou...i think u exited to the pip!

i need to spend this weekend reading i think analyse my behavour and try come up with a plan ..good weekend to u pal..
  • #85,031
  • Aug 29, 2008 3:08pm Aug 29, 2008 3:08pm
Mike ,Mike Mike another holiday,lol
Look forward to when you get back im now trading all my pairs and ill be looking for a heads up


Quoting mike w
That's awesome man! Good to hear it!

I haven't been in a cable trade for a while, which is why I haven't posted here at all lately. I was in an aussie and nzd trade for a good while and both ended in profit from the dailies. Other than that, I've been getting more and more 4 hour signals which are ending good.

I just closed out all my positions today and set up a few weekly trades to trigger next week as I'm leaving for that cruise tomorrow. I figure I better finish up now so I'm set and ready to leave. Hopefully that s.o.b. Gustave doesn't hit the boat, I really don't want to meet that guy lol
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #85,032
  • Aug 29, 2008 3:10pm Aug 29, 2008 3:10pm
Well I dont no about luck Nav,lol


Quoting nAVIN2007
great job bro..welldone......

u nailed it ...lucky thou...i think u exited to the pip!

i need to spend this weekend reading i think analyse my behavour and try come up with a plan ..good weekend to u pal..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 4)cable ,4 oclock bar ,29th ,08.gif Size: 40 KB
Click to Enlarge Name: 5)cable ,4 oclock bar,2 ,29th ,08.gif Size: 41 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #85,033
  • Aug 29, 2008 3:12pm Aug 29, 2008 3:12pm
And weekly
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 3)cable weekly 27th ,08.gif Size: 44 KB
Click to Enlarge Name: 6)cable ,weekly ,2 ,29th ,08.gif Size: 42 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #85,034
  • Aug 29, 2008 3:19pm Aug 29, 2008 3:19pm
just open buy cable 1.8185 with SL at 1.8200 in case cable reverse back....really hope that cable close above h1 gann by monday and we will see cable retrace at least fibo 23.60 (1.8304) if break this level i will adjust my TP to fibo 38.2 (1.8401) or 50.0 (1.8473)....all fibo stated here taken at h4 from price 1.8793 to 1.8174....have a nice weekend guys and take care...
  • #85,035
  • Aug 29, 2008 3:47pm Aug 29, 2008 3:47pm
Quoting Bones
Mike ,Mike Mike another holiday,lol
Look forward to when you get back im now trading all my pairs and ill be looking for a heads up
For a heads up, check out my journal and the J16 chart on the weekly pins that popped up my man! They are sitting pretty.
I dream, therefore I become.
  • #85,036
  • Aug 29, 2008 3:50pm Aug 29, 2008 3:50pm
Quoting anakmelayufx
just open buy cable 1.8185 with SL at 1.8200 in case cable reverse back....really hope that cable close above h1 gann by monday and we will see cable retrace at least fibo 23.60 (1.8304) if break this level i will adjust my TP to fibo 38.2 (1.8401) or 50.0 (1.8473)....all fibo stated here taken at h4 from price 1.8793 to 1.8174....have a nice weekend guys and take care...
Hey there! Could you tell me why you opened a long position on cable? What is your reasoning behind the long order? thanks!
I dream, therefore I become.
  • #85,037
  • Aug 29, 2008 3:52pm Aug 29, 2008 3:52pm
Thats exactly what I intend to do Mike over the weekend

Quoting mike w
For a heads up, check out my journal and the J16 chart on the weekly pins that popped up my man! They are sitting pretty.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #85,038
  • Aug 29, 2008 5:13pm Aug 29, 2008 5:13pm
Quoting Bones
Well I dont no about luck Nav,lol
yur right lucky have nothing to dio with it...good job...
  • #85,039
  • Aug 29, 2008 11:06pm Aug 29, 2008 11:06pm
Quoting Bones
Just got back from work ..
And my take profit was set at .8175
I also had a buy at .8171 but that was missed.
good job
  • #85,040
  • Aug 30, 2008 1:57am Aug 30, 2008 1:57am
You know Nav one of the best advice Ive had (months ago but its taken a while to sink in),which was from Mike W was to trade the higher TF's and I would say the same to you forget about the 15 min charts as they to much noise.
Many pips to you my friend.


Quoting nAVIN2007
yur right lucky have nothing to dio with it...good job...
On-site guru & also FF member's' psychiatrist, when not drinking tea
296 traders viewing now, 2 are registered:
saidi01
,
harryatrader