Cable Update (GBPUSD) | Page 4524 | 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)

  • #90,461
  • Oct 6, 2008 1:28pm Oct 6, 2008 1:28pm
Quoting luc.voia
We can see today GBP/USD to 1.7373??
TODAY PROFIT:
GBP/USD SHORT 1.7640-TP 1.7380
EUR/AUD LONG 1.7676-TP 1.8989
AUD/JPY SHORT 80.00 TP 71.00
GBP/JPY SHORT 184.00 TP 175.00
NICE DAY for trade today!!
  • #90,462
  • Oct 6, 2008 1:31pm Oct 6, 2008 1:31pm
Quoting luc.voia
TODAY PROFIT:
GBP/USD SHORT 1.7640-TP 1.7380
EUR/AUD LONG 1.7676-TP 1.8989
AUD/JPY SHORT 80.00 TP 71.00
GBP/JPY SHORT 184.00 TP 175.00
NICE DAY for trade today!!
Very nice day! Good job!
Just digging in the trenches like everyone else!
  • #90,463
  • Oct 6, 2008 1:37pm Oct 6, 2008 1:37pm
I wait to get long on 8.10!!!
  • #90,464
  • Oct 6, 2008 1:53pm Oct 6, 2008 1:53pm
Quoting Tiger Hunter
hi guys

from 10 hours ago i forecast the continuation of down trend in euro and as usual as long you in the right wave you will always be winner.
i will calculate the pips i earned include the gap pips coz
as you see i prefere holding positions.
and my charts give me over 250 pips in euro for yesterday
and about 300 pips for cable.

and here is my charts for euro and cable confirm the down trend of each by double breakouts to the down in every pair.

the trend is down but as much technicals is important you have to take care of the (news).

and what this mean?!!!!!!!!!!!
as i said before all the buyers and sellers in those threads ,
so if you found most of posts focused on the up movement that might happen (retrace) you will find that price will go down beacause most of the traders will take long positions & visa verse.

and i still expect more space to further down movement about 1000 pips

so trade well my friend.
Way to go T H. Looks like you made over $200,000.00 for your live account!
  • #90,465
  • Oct 6, 2008 1:55pm Oct 6, 2008 1:55pm
Quoting Shilva
Way to go T H. Looks like you made over $200,000.00 for your live account!

hmmm....maybe 20,000 if they were standard lots....it would have taken 10 standard lots for it to be 200,000
Just digging in the trenches like everyone else!
  • #90,466
  • Oct 6, 2008 2:41pm Oct 6, 2008 2:41pm
Quoting eohater
hmmm....maybe 20,000 if they were standard lots....it would have taken 10 standard lots for it to be 200,000
looks right. the exposure at the bottom shows the lots and current profit.
I would like to assume that's live, but either way those look like great trades.
  • #90,467
  • Oct 6, 2008 2:45pm Oct 6, 2008 2:45pm
short 1.7650

closed half profit

should hit my target 1.7280

or breake even..
  • #90,468
  • Oct 6, 2008 2:48pm Oct 6, 2008 2:48pm
long is finally moving. moved SL to BE. changed target to 7510.
WOO HOO!! RISK FREE TRADING!!!
  • #90,469
  • Oct 6, 2008 2:56pm Oct 6, 2008 2:56pm
Quoting dakrusha
looks right. the exposure at the bottom shows the lots and current profit.
I would like to assume that's live, but either way those look like great trades.
They are excellent trades no matter how many lots....bravo to Tiger Hunter by all means!
Just digging in the trenches like everyone else!
  • #90,470
  • Oct 6, 2008 2:57pm Oct 6, 2008 2:57pm
Quoting dakrusha
long is finally moving. moved SL to BE. changed target to 7510.
WOO HOO!! RISK FREE TRADING!!!
Good move! We could even go as high as 1.761 before falling again. Just watch your charts and trade what you see.
Just digging in the trenches like everyone else!
  • #90,471
  • Oct 6, 2008 2:58pm Oct 6, 2008 2:58pm
With the asian markets kicking in, in about 4 hrs, I dont see any reason why cable will have a problem pursuing a downtrend after this this small uptrend wave ends.
  • #90,472
  • Oct 6, 2008 3:27pm Oct 6, 2008 3:27pm
sorry guys i know this is a cable channel but i had to post this..can u believe the range on this 1 hr candle ......1000 pips ...this is some hectic sh*t!!!
Attached Image (click to enlarge)
Click to Enlarge Name: expt.JPG Size: 67 KB
  • #90,473
  • Oct 6, 2008 3:31pm Oct 6, 2008 3:31pm
Quoting eohater
hmmm....maybe 20,000 if they were standard lots....it would have taken 10 standard lots for it to be 200,000
I must have trouble counting zeros
  • #90,474
  • Oct 6, 2008 3:41pm Oct 6, 2008 3:41pm
Quoting Shilva
I must have trouble counting zeros
I don't think you have a problem counting zeros...It was I that didn't open his chart up and look at the bottom where it shows his exposure....he's made some heller profits! I didn't do the math....but it looks very nice...KUDOS to Tiger Hunter...
Just digging in the trenches like everyone else!
  • #90,475
  • Oct 6, 2008 3:48pm Oct 6, 2008 3:48pm
Quoting eohater
I don't think you have a problem counting zeros...It was I that didn't open his chart up and look at the bottom where it shows his exposure....he's made some heller profits! I didn't do the math....but it looks very nice...KUDOS to Tiger Hunter...
he aint playing!!!!!!!
  • #90,476
  • Oct 6, 2008 3:54pm Oct 6, 2008 3:54pm
Quoting nAVIN2007
he aint playing!!!!!!!
No doubt about it!

How you doing bro? Your new job working out?
Just digging in the trenches like everyone else!
  • #90,477
  • Oct 6, 2008 5:20pm Oct 6, 2008 5:20pm
Quoting eohater
No doubt about it!

How you doing bro? Your new job working out?
not really bro.i hate it already, i wanna trade for a livin but need more funds and i can at least make more money ..i plan hopefully by dec-jan to try make a living from this beast...

i hope u beating the beast today bro?
  • #90,478
  • Oct 6, 2008 6:52pm Oct 6, 2008 6:52pm
Hi all,

Does any know where we are headed? Had a short 7360 and praying it goes south
  • #90,479
  • Oct 6, 2008 6:58pm Oct 6, 2008 6:58pm
Quoting peulthai
Hi all,

Does any know where we are headed? Had a short 7360 and praying it goes south
Few things to look out for folks.

Tomorrow will be interest rate decision for AUS as well as JPY. In my opinion, Aussie should be cutting 50 BPS while JPY leaving it unchanged. GBP meeting on thurs regarding their interest rates which surely will go down. Question is whether or not market has laready priced this in. We've come to a point where trading is based on bad news vs bad news - which one is worse? Thats the difference between FX trading 2008 compared to 2007. Anyway , to get on with my point, GBP is pretty much where the USD was 6 months ago and I believe the worst is yet to come.

Right now the market is in a frantic stage and people are shorting everything and longing yen - I do believe that GBP has a ways to go down, as the same for GBP/JPY and EUR/JPY. Per your trade, I would suggest to keep an eye on it with a stop ar 1.7560 which would be the nearest resistance. Best of luck friend, stay strong throughout this turmoil.
  • #90,480
  • Oct 6, 2008 7:10pm Oct 6, 2008 7:10pm
Quoting Kyen
Few things to look out for folks.

Tomorrow will be interest rate decision for AUS as well as JPY. In my opinion, Aussie should be cutting 50 BPS while JPY leaving it unchanged. GBP meeting on thurs regarding their interest rates which surely will go down. Question is whether or not market has laready priced this in. We've come to a point where trading is based on bad news vs bad news - which one is worse? Thats the difference between FX trading 2008 compared to 2007. Anyway , to get on with my point, GBP is pretty much where the USD was 6 months ago and I believe the worst is yet to come.

Right now the market is in a frantic stage and people are shorting everything and longing yen - I do believe that GBP has a ways to go down, as the same for GBP/JPY and EUR/JPY. Per your trade, I would suggest to keep an eye on it with a stop ar 1.7560 which would be the nearest resistance. Best of luck friend, stay strong throughout this turmoil.
Thanks pal, guess should not let go my seatbelt and eye closed in prayers
1,135 traders viewing now, 1 is registered:
mwanikijohn