Cable Update (GBPUSD) | Page 5090 | 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)

  • #101,781
  • Nov 27, 2008 4:30am Nov 27, 2008 4:30am
Quoting steelhead
Wether it works or not in all honesty that is a horrible entry. long at 1.5485 most likely will get you kicked in the arsh. I hope it works for you

What made you do that entry there had to be some logical reason.
i agree with u
they entered cause of the high of yesterday being taken out...if is fine if only this wasnt such a crucial point....let price action come to u
  • #101,782
  • Nov 27, 2008 4:33am Nov 27, 2008 4:33am
Quoting manize
I see a parabolic sar to confirm bearish on M5 now, becarefull for long !
Yeah. Not much momentum for Gbp now cause coming 1% interest rate cut next week and weak trading force today on US Thanksgivings holiday.
Look for short entry now.
Give me patience
  • #101,783
  • Nov 27, 2008 4:35am Nov 27, 2008 4:35am
Quoting nAVIN2007
i agree with u
they entered cause of the high of yesterday being taken out...if is fine if only this wasnt such a crucial point....let price action come to u
has the 1.5444 area not formed a nice base to long from now tho?
Keep It Simple Stupid
  • #101,784
  • Nov 27, 2008 4:43am Nov 27, 2008 4:43am
Quoting Alastair
has the 1.5444 area not formed a nice base to long from now tho?
no way.....u have to look at this in a big picture...

if price goes up from here and breaks this point..it means theres a higher high formed....significant for trend reversal, such a area will take a lot of time to break..

just my view its risky...when i did this in the past, it was extremely painfull and stressfull beyond imagination....i hope it works out for those who are in long...

i missed the ride, the damn bus left me!
  • #101,785
  • Nov 27, 2008 4:44am Nov 27, 2008 4:44am
Quoting Alastair
has the 1.5444 area not formed a nice base to long from now tho?
Need test bro !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #101,786
  • Nov 27, 2008 4:47am Nov 27, 2008 4:47am
Quoting nAVIN2007
no way.....u have to look at this in a big picture...

if price goes up from here and breaks this point..it means theres a higher high formed....significant for trend reversal, such a area will take a lot of time to break..

just my view its risky...when i did this in the past, it was extremely painfull and stressfull beyond imagination....i hope it works out for those who are in long...

i missed the ride, the damn bus left me!
don't worry just wait for another bus..
Patience is the keyword here...
  • #101,787
  • Nov 27, 2008 4:47am Nov 27, 2008 4:47am
Quoting Alastair
has the 1.5444 area not formed a nice base to long from now tho?
Hi Guys hope you had some good trades, I dont think this is a place to be going long from not with the major down trend line fast approaching!

I shall be looking for short positions around 15500.

I will however go long on a confirmed breakout of the trend line only on a 1hr chart esp since the last couple of breakouts fell back into the downtrend previously
  • #101,788
  • Nov 27, 2008 4:48am Nov 27, 2008 4:48am
Quoting gagakrimba
They entered at this level after getting confirmation the uptrend.
it's not even a trend its just a spike. see 4h TF..
  • #101,789
  • Nov 27, 2008 4:49am Nov 27, 2008 4:49am
fair enough. the bigger picture is more important!
Keep It Simple Stupid
  • #101,790
  • Nov 27, 2008 4:57am Nov 27, 2008 4:57am
I'm SFB again from 1.5480. SL around 1.5510. Will lock profit once on green.
  • #101,791
  • Nov 27, 2008 5:00am Nov 27, 2008 5:00am
Quoting moewenger
I'm SFB again from 1.5480. SL around 1.5510. Will lock profit once on green.
Sorry to told you i going to hit your Sl and move to 1.5540
  • #101,792
  • Nov 27, 2008 5:00am Nov 27, 2008 5:00am
i think this will now break the day high
PIPPED TO THE LINE
  • #101,793
  • Nov 27, 2008 5:03am Nov 27, 2008 5:03am
Quoting enoh james a
am long 1.5485
wow am out wit +8pips at 1.5492now looking to short
  • #101,794
  • Nov 27, 2008 5:04am Nov 27, 2008 5:04am
Quoting Abuawad
Sorry to told you i going to hit your Sl and move to 1.5540
Good lock next time
  • #101,795
  • Nov 27, 2008 5:05am Nov 27, 2008 5:05am
Quoting enoh james a
wow am out wit +8pips at 1.5492now looking to short
ws that worth the risk.and u doing what i normally do...it went up, thats the right to hang on ....anyway good stuff
  • #101,796
  • Nov 27, 2008 5:06am Nov 27, 2008 5:06am
Quoting Abuawad
Sorry to told you i going to hit your Sl and move to 1.5540
Hello brother, I wait for at 1.5550 - 1.5582 to make a short !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #101,797
  • Nov 27, 2008 5:06am Nov 27, 2008 5:06am
Quoting Abuawad
Sorry to told you i going to hit your Sl and move to 1.5540
I already have PO sell at 1.5530 area. hehe...


p.s:- trade with confidence.
  • #101,798
  • Nov 27, 2008 5:08am Nov 27, 2008 5:08am
Quoting moewenger
I'm SFB again from 1.5480. SL around 1.5510. Will lock profit once on green.
Got what you wish
  • #101,799
  • Nov 27, 2008 5:09am Nov 27, 2008 5:09am
Quoting manize
Hello brother, I wait for at 1.5550 - 1.5582 to make a short !
I think this is also a good area. but i'm not seeing cable to go that far. 1.5530 will be for me.
  • #101,800
  • Nov 27, 2008 5:10am Nov 27, 2008 5:10am
Quoting manize
Hello brother, I wait for at 1.5550 - 1.5582 to make a short !
why 1.5582 i can see 1.5620 after that
317 traders viewing now