Cable Update (GBPUSD) | Page 5936 | 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)

  • #118,701
  • Feb 6, 2009 3:38am Feb 6, 2009 3:38am
i told you before but no one comment on my chart i told u now if he didnot stop now after reaching the top of the channel on daily chart we will see 1.5050 after he broke the channel and make higher high above 1.49 then let we see now the low he reaches it
  • #118,702
  • Feb 6, 2009 3:40am Feb 6, 2009 3:40am
Quoting Inzider
I personnaly think you should define a clear entry method like the 123 one, then manage every trade.

Watch those, it help me alot. Basic and logic
http://www.forexfactory.com/showpost...stcount=117587

Take care, trade well!


INz

Thanks alot
  • #118,703
  • Feb 6, 2009 3:42am Feb 6, 2009 3:42am
hi

look guys on the candle of last week
to know that iam right
Attached Image (click to enlarge)
Click to Enlarge Name: kjkl.gif Size: 16 KB
  • #118,704
  • Feb 6, 2009 3:43am Feb 6, 2009 3:43am
Quoting gogo2009
i told you before but no one comment on my chart i told u now if he didnot stop now after reaching the top of the channel on daily chart we will see 1.5050 after he broke the channel and make higher high above 1.49 then let we see now the low he reaches it
sorry mate..im no expert to comment..but im bias with bull now...
money is for living
  • #118,705
  • Feb 6, 2009 3:44am Feb 6, 2009 3:44am
gogo2009 : I don't understand your chart. However my daily cci is in overbought so at the moment i'm in agreement with you about the possibility of it going up to 1.5, matter of fact I see it going all the way up maybe to around 1.52 level. But as I said before, I'll only wait till the us session before making any possible move myself.
Thank You
  • #118,706
  • Feb 6, 2009 3:44am Feb 6, 2009 3:44am
good morning guys...

how do you think this daily trend line could be strong enough to hold this up move and push it back down?
  • #118,707
  • Feb 6, 2009 3:45am Feb 6, 2009 3:45am
Quoting gogo2009
i told you before but no one comment on my chart i told u now if he didnot stop now after reaching the top of the channel on daily chart we will see 1.5050 after he broke the channel and make higher high above 1.49 then let we see now the low he reaches it
Talking to me more then anything, you rather trade each dam move either of anticipating it. I personnaly lost a lot at this gambler thing. Now i buy when price if over my EMA, and sell when its under. I never jump on a trade. Even 1 min chart is accurate on it for about lower high, higher low. So i can catch any side.

Really better then this ugly thing call hope... or beleives...

2 cents,...


----------------

pin bar at 50 ema on 15 TF = 618 of last move

-------------

I'm full and don't want to risk anymore of those gain for now.
Wish you all good trade!
Good "night" for gmt-5
  • #118,708
  • Feb 6, 2009 3:49am Feb 6, 2009 3:49am
gogo2009 ur target of 5080 aligns with a target of mine too, however it wud need to break the 4h down trend channel to reach it, shud it get there tho i think it be a good oportunity to short. I will also be shorting around 4820, for the time being she is going up at least.

edit: i notice abuawad and sofia have these target in mind also so looks to be good resistance.
  • #118,709
  • Feb 6, 2009 3:52am Feb 6, 2009 3:52am
Quoting gogo2009
hi

look guys on the candle of last week
to know that iam right
Disagree. To me that was quite a bullish candle too, however, engoulfing wasn't that assuring to me. especially taking to attention the fact that we are in the bearish trend. Plus today is a friday, and weekly traders will cover their positions. Anyway, I missed my short entry, and still looking for a right place to short.
  • #118,710
  • Feb 6, 2009 3:55am Feb 6, 2009 3:55am
Quoting Inzider
Talking to me more then anything, you rather trade each dam move either of anticipating it. I personnaly lost a lot at this gambler thing. Now i buy when price if over my EMA, and sell when its under. I never jump on a trade. Even 1 min chart is accurate on it for about lower high, higher low. So i can catch any side.

Really better then this ugly thing call hope... or beleives...

2 cents,...


----------------

pin bar at 50 ema on 15 TF = 618 of last move

-------------

I'm full and don't want to risk anymore of those gain for now....
Inzider...

that is the way traders should be. Trade the trade..not speculate. otherwise..flip a coin...no different. Use tools and indicators..and as a pilot. fly by instruments....not by feel.

Good morning all..
This report may be ugly..but I do not know how this pair will react.
  • #118,711
  • Feb 6, 2009 4:01am Feb 6, 2009 4:01am
Quoting JammerJams
Inzider...

that is the way traders should be. Trade the trade..not speculate. otherwise..flip a coin...no different. Use tools and indicators..and as a pilot. fly by instruments....not by feel.

Good morning all..
This report may be ugly..but I do not know how this pair will react.
NOONE knows , people have educated guesses, but no more than that.
  • #118,712
  • Feb 6, 2009 4:03am Feb 6, 2009 4:03am
Quoting fry2010
gogo2009 ur target of 5080 aligns with a target of mine too, however it wud need to break the 4h down trend channel to reach it, shud it get there tho i think it be a good oportunity to short. I will also be shorting around 4820, for the time being she is going up at least.

edit: i notice abuawad and sofia have these target in mind also so looks to be good resistance.

you are right because 1.4820 the top of channel on daily
but be careful not before that because he can drop any moment like he did before
  • #118,713
  • Feb 6, 2009 4:06am Feb 6, 2009 4:06am
Guys,
By my little experience, after making my best analysis "on fridays", everything goes the other way. Though i make some of my major gains on such days, i usully do that with my legs shaking. I have made my pips 4 2day but still lurking around 4 a small opportunity....
  • #118,714
  • Feb 6, 2009 4:07am Feb 6, 2009 4:07am
Quoting laromanell
Disagree. To me that was quite a bullish candle too, however, engoulfing wasn't that assuring to me. especially taking to attention the fact that we are in the bearish trend. Plus today is a friday, and weekly traders will cover their positions. Anyway, I missed my short entry, and still looking for a right place to short.

Agree, I think it is going up..looking at M15 chaart.... current 15 min candle will confirm it...... if we clear 472x... a lot of STOPs will get hit then it is up up up ...
  • #118,715
  • Feb 6, 2009 4:11am Feb 6, 2009 4:11am
gogo2009 how far do u think she can drop before these target?
she has been bouncing around the 1h up trend channel like a yoyo, and just hit the top again.
  • #118,716
  • Feb 6, 2009 4:12am Feb 6, 2009 4:12am
Quoting blurrcow
me too 4762
How about you today. I stayed up all night last night to think about why you said cable up to 1.46xx. I understand now. Thanks. Good luck.
  • #118,717
  • Feb 6, 2009 4:16am Feb 6, 2009 4:16am
Quoting jack.canadia
I reccommend everyone watch these videos...

Quantifying supply and demand ... http://transcripts.fxstreet.com/2008...what-is-r.html

1-2-3 Pattern ... http://transcripts.fxstreet.com/2008...t-pattern.html
Thanks Jack - these are really useful....
  • #118,718
  • Feb 6, 2009 4:16am Feb 6, 2009 4:16am
Quoting Exciter135
How about you today. I stayed up all night last night to think about why you said cable up to 1.46xx. I understand now. Thanks. Good luck.
I am now LONG at 4679... may the pips be with everyone!!
  • #118,719
  • Feb 6, 2009 4:16am Feb 6, 2009 4:16am
i think we all confuse because 300 pips in one day is surprice for us

all we know that we are in daily down trend and up trend in 4 hour chart but where is the correction and we all work with correction short or long

i think it is 3 days of madness of gpp it try to not come down because next time 1.30 is the target
  • #118,720
  • Feb 6, 2009 4:21am Feb 6, 2009 4:21am
Quoting blurrcow
I am now LONG at 4679... may the pips be with everyone!!
im in at 4780...
money is for living
271 traders viewing now, 4 are registered:
bolivarfx
,
CPUmice
,
saidi01
,
tescofire