Cable Update (GBPUSD) | Page 6198 | 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)

  • #123,941
  • Feb 27, 2009 2:41am Feb 27, 2009 2:41am
Quoting laromanell
got ya, you were mentioning last three attmepts. It's just that I was looking for a little bigger time frame from feb 10th.
anyway here is my call, long from 1.4150 with sl @ 1.3970 and tp @ 1.4485
You are very brave I don't see any long yet,but good luck
  • #123,942
  • Feb 27, 2009 2:42am Feb 27, 2009 2:42am
Quoting laromanell
what about the rule that the more you touch support and bounce off of it, it becomes more reliable?
In normal trading condition i would "agree". But consider all the bad news, all equities index at their low, usd index around 88.25... chart configuration...

I don't say it wont go up/stand over 1.4160, but that theory need to be put in context.

Who know's....

-----
I'll be back fo Ny later all.
  • #123,943
  • Feb 27, 2009 2:46am Feb 27, 2009 2:46am
Well, As we know the cable is very crazy pair, and everything is possible for it, however I think it will go up around 4400 before closing.
I am saty here to see if it reach this point or not.

Good LUCK to all.
  • #123,944
  • Feb 27, 2009 2:52am Feb 27, 2009 2:52am
Quoting sofia101
You are very brave I don't see any long yet,but good luck
It's not about bravery, because I went only half of my ragular trade.
My last trade yesterday from the almost exact same position (1.4187) brought me 180 pips.
Pipland, as to the sl, I've got burned so many times by moving my sl to be on swing trades, that I prefer to stay out of my initial setups(as many poeple say the first thougt is usually the right one).
anyway it's friday and everything can happen, that's why I don't take any trades except with large sl.
  • #123,945
  • Feb 27, 2009 2:59am Feb 27, 2009 2:59am
Quoting Inzider
In normal trading condition i would "agree". But consider all the bad news, all equities index at their low, usd index around 88.25... chart configuration...

I don't say it wont go up/stand over 1.4160, but that theory need to be put in context.

Who know's....

-----
I'll be back fo Ny later all.
I agree that all the bad news contribute to risk aversion. That's why I put my sl beyond 1.40. I expect two major supports to play its role.
  • #123,946
  • Feb 27, 2009 2:59am Feb 27, 2009 2:59am
Quoting sofia101
I also want to remind to you especially new ppl. to forex that today is Friday ,with means it going to be crazy moves and the last day of the month.So unless you have big deposits stay and watch
i`ll do just that thank you
  • #123,947
  • Feb 27, 2009 3:32am Feb 27, 2009 3:32am
hi

i long @ 1.4169 ... TP 1.4300

i 'll not sell untill the price goes below 1.4142 or sell @ 1.4385

C U in US Session ... out for shopping
  • #123,948
  • Feb 27, 2009 4:04am Feb 27, 2009 4:04am
Quoting sofia101
I also want to remind to you especially new ppl. to forex that today is Friday ,with means it going to be crazy moves and the last day of the month.So unless you have big deposits stay and watch
-90 pips at the moment from two markets.
I opened GBPCHF instead of GBPUSD and placed a buy order! I used chart parttern to do the analysis so couldnt realise on time. But am still happy even though am that foolish! Missing that Short move at London open is what i must try to forgive myself.
I have to be off for today....and for the entire week! See you guys next Month at London open.
  • #123,949
  • Feb 27, 2009 4:29am Feb 27, 2009 4:29am
Quoting goodwings
-90 pips at the moment from two markets.
I opened GBPCHF instead of GBPUSD and placed a buy order! I used chart parttern to do the analysis so couldnt realise on time. But am still happy even though am that foolish! Missing that Short move at London open is what i must try to forgive myself.
I have to be off for today....and for the entire week! See you guys next Month at London open.
I hope it will work out for you ,see you later
  • #123,950
  • Feb 27, 2009 4:52am Feb 27, 2009 4:52am
Hello all,

Anyone have a clear vision on the next targets for Cable?????????
  • #123,951
  • Feb 27, 2009 4:53am Feb 27, 2009 4:53am
Quoting abdoosh23
Hello all,

Anyone have a clear vision on the next targets for Cable?????????

Yes it will move eighter south or north
  • #123,952
  • Feb 27, 2009 4:58am Feb 27, 2009 4:58am
Quoting mseaz9
Yes it will move eighter south or north

This forum is supposed to be to assist one another not to be a PRAT!
  • #123,953
  • Feb 27, 2009 4:59am Feb 27, 2009 4:59am
I am looking for end of month profit takeing by the big boys today.

Last friday we were around the same price and there was a nice move up.

It may happen again today after US GDP news release!

  • #123,954
  • Feb 27, 2009 5:02am Feb 27, 2009 5:02am
Friday nightmare

4 hour no more move just Flat!!

Attached Image (click to enlarge)
Click to Enlarge Name: flat.gif Size: 33 KB
  • #123,955
  • Feb 27, 2009 5:02am Feb 27, 2009 5:02am
Quoting sofia101
I hope it will work out for you ,see you later
Thanks. Pray u get the best 2day.
  • #123,956
  • Feb 27, 2009 5:04am Feb 27, 2009 5:04am
Quoting Triple8
This forum is supposed to be to assist one another not to be a PRAT!

i was juz joking mate...
  • #123,957
  • Feb 27, 2009 5:21am Feb 27, 2009 5:21am
Quoting Shilva
I am looking for end of month profit takeing by the big boys today.

Last friday we were around the same price and there was a nice move up.

It may happen again today after US GDP news release!

U are really tempting me to stay back....after my lose or "after having a good lesson". But this is month end! Well we'll see.
  • #123,958
  • Feb 27, 2009 5:27am Feb 27, 2009 5:27am
Quoting mseaz9
i was juz joking mate...

OK have a nice day . Up 156 pips so far today and hope for more.
  • #123,959
  • Feb 27, 2009 5:33am Feb 27, 2009 5:33am
where can the US bad GDP data send the cable to?
  • #123,960
  • Feb 27, 2009 5:36am Feb 27, 2009 5:36am
Quoting leu02cz
where can the US bad GDP data send the cable to?
I would say bad US GDP will lead to further risk aversion which strengthens USD, thus weakening cable. But what you dont know is how much of that bad data is alreday priced in!
316 traders viewing now