Cable Update (GBPUSD) | Page 6444 | 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)

  • #128,861
  • Apr 3, 2009 5:01am Apr 3, 2009 5:01am
Quoting errich fx
Attachment

what do you think guys ? please give a comment
With all the news due up today, I think waiting for at least the NFP would be prudent. For me, (aside from a scalp here and there maybe) I'm on the sidelines for most of today. Friday, big news day, after big news days, unless it becomes VERY clear, just too risky for me.
Ghost Rider - WWTBMD?
  • #128,862
  • Apr 3, 2009 5:07am Apr 3, 2009 5:07am
Quoting deboooo2005
really i short @ 1.4824 and closed @ 1.4760
Nice work im looking for lower though
  • #128,863
  • Apr 3, 2009 5:09am Apr 3, 2009 5:09am
Quoting albchr
Yea, I guess I couldn't get that BIG bull candle right next to it on the 1H out of my sight...LOL...But my gut kept saying sell. Gotta listen to my gut! It's always right and I get crushed when I ignor it....
Im having trouble posting charts at the moment, id like to show you what im looking at i'll try again in a bit.

LOL my gut is always wrong!! i have to listen to what i see
  • #128,864
  • Apr 3, 2009 5:09am Apr 3, 2009 5:09am
Quoting PipLand
Nice work im looking for lower though
What's your target pip? Still worth the ride from here you think?

EDIT: You looking at the 15M?
Ghost Rider - WWTBMD?
  • #128,865
  • Apr 3, 2009 5:13am Apr 3, 2009 5:13am
Quoting wormboy
We have a breakout north. The next 4 hour close should be significant. Currently we are looking at 4950 level as a higher probability.
Good luck guys
Morning wormboy, i think we might be in a BIG range at the moment i'll post a chart when i can!
  • #128,866
  • Apr 3, 2009 5:17am Apr 3, 2009 5:17am
Quoting albchr
What's your target pip? Still worth the ride from here you think?

EDIT: You looking at the 15M?
I took the entry off the 15min but Im looking at the 4hr and my first target is 4550 2nd target would be 4470, 4385. I also split my position between GU and EU as both had good entry points IMO.

These are simply the 38.2 50 and 61.8 fibs from the move from 30th MAr to today.

With the NFP out today I personally wouldnt risk entering now and wait until after the news!
  • #128,867
  • Apr 3, 2009 5:20am Apr 3, 2009 5:20am
hi

we need to real break 1.4826 to target 1.4889
onnce 1.4889 breakout 1.4938 ... which is the gate to 1.5032

but we have to monitor now ... what will happen in us session
  • #128,868
  • Apr 3, 2009 5:27am Apr 3, 2009 5:27am
hello
my humble analysis says if we dont break 1.4827, we should be able to see 1.444x
When life gives you lemons, make lemonade
  • #128,869
  • Apr 3, 2009 5:28am Apr 3, 2009 5:28am
Quoting PipLand
I took the entry off the 15min but Im looking at the 4hr and my first target is 4550 2nd target would be 4470, 4385. I also split my position between GU and EU as both had good entry points IMO.

These are simply the 38.2 50 and 61.8 fibs from the move from 30th MAr to today.

With the NFP out today I personally wouldnt risk entering now and wait until after the news!
I see what you're seeing now. Hmmmm...you might be right rabbit. Will be interesting to see what effect the news has. My gut has been telling down before up since yesterday.
Ghost Rider - WWTBMD?
  • #128,870
  • Apr 3, 2009 5:30am Apr 3, 2009 5:30am
Quoting PipLand
Morning wormboy, i think we might be in a BIG range at the moment i'll post a chart when i can!
Afternoon pip. Don't mind the range at all if it happens mate, am still holding long from all the way down I'll buy the dips when appropriate. Good luck to you mate
Thank You
  • #128,871
  • Apr 3, 2009 5:31am Apr 3, 2009 5:31am
long @ 1.4739
  • #128,872
  • Apr 3, 2009 5:33am Apr 3, 2009 5:33am
Quoting micho
hello
my humble analysis says if we dont break 1.4827, we should be able to see 1.444x
You mean the new high just set 2 hours ago? My daily pivot is right above that at 4839. I think I'd feel better to see it break that but hey, I'm just learning here. Hmmmm.....
Ghost Rider - WWTBMD?
  • #128,873
  • Apr 3, 2009 5:38am Apr 3, 2009 5:38am
this is one chart
we may go up again to 1.483x or 4x to touch target of last hourly uptrend. if we go further up the red line of the 61 will go higher
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 10 KB
When life gives you lemons, make lemonade
  • #128,874
  • Apr 3, 2009 5:40am Apr 3, 2009 5:40am
close above 4750. 4827 is not going to be an issue.
Thank You
  • #128,875
  • Apr 3, 2009 5:41am Apr 3, 2009 5:41am
Up it is?
  • #128,876
  • Apr 3, 2009 5:42am Apr 3, 2009 5:42am
Help me God, I have position,
  • #128,877
  • Apr 3, 2009 5:43am Apr 3, 2009 5:43am
Quoting wormboy
close above 4750. 4827 is not going to be an issue.
seems like it
When life gives you lemons, make lemonade
  • #128,878
  • Apr 3, 2009 5:43am Apr 3, 2009 5:43am
Quoting micho
seems like it
Thank You
  • #128,879
  • Apr 3, 2009 5:48am Apr 3, 2009 5:48am
resistance 4775
  • #128,880
  • Apr 3, 2009 5:50am Apr 3, 2009 5:50am
i went long at 1.4758, adjustable target 1.4844
When life gives you lemons, make lemonade
927 traders viewing now