Cable Update (GBPUSD) | Page 6529 | 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)

  • #130,561
  • Apr 27, 2009 4:35am Apr 27, 2009 4:35am
Quoting ammal07
candle 3pm and current hour candle are bullish, green colour,i think can start counting pip up ....
The max GU can reach now is the 61% retracement from the 1.5062 to 1.4395.
A sell limit there should be a smart idea
  • #130,562
  • Apr 27, 2009 4:41am Apr 27, 2009 4:41am
Hello all i am newby i just bought GBP based on my trendline analysis i go long from 1.4528 with stoploss at 1.4485

WIsh me good pips
  • #130,563
  • Apr 27, 2009 5:33am Apr 27, 2009 5:33am
Quoting jade-FX
Hello all i am newby i just bought GBP based on my trendline analysis i go long from 1.4528 with stoploss at 1.4485

WIsh me good pips
I have the same idea with you, looking for long opportunity...
newbies yang minat nak belajar forex, sila ym saya, ym: ammal007
  • #130,564
  • Apr 27, 2009 5:42am Apr 27, 2009 5:42am
yeah..my trailing stop is moving up...
newbies yang minat nak belajar forex, sila ym saya, ym: ammal007
  • #130,565
  • Edited 5:55am Apr 27, 2009 5:54am | Edited 5:55am
Finally 1.4580 has been triggered.... holding short
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,566
  • Apr 27, 2009 6:13am Apr 27, 2009 6:13am
My Pt hit at 1.4580
  • #130,567
  • Apr 27, 2009 6:47am Apr 27, 2009 6:47am
Quoting Bull_Bear
Finally 1.4580 has been triggered.... holding short
Sure? I'm still think Cable Flat.
  • #130,568
  • Apr 27, 2009 6:52am Apr 27, 2009 6:52am
Quoting biax
Sure? I'm still think Cable Flat.
I would have to say the same really. There is a real pull and shove going on, which is causing it to range.

15min candle shows an up
30 min candle shows up
1hour potentially up/sideways
4hour Down
1 Day down/sideways.

From my analysis anyway.
Probability Professor
  • #130,569
  • Apr 27, 2009 6:53am Apr 27, 2009 6:53am
Quoting biax
Sure? I'm still think Cable Flat.
Agreed cable is flat.... not calling for massive move. Calling direction from an entry point. Could consolidate 10 times in a range for all i care, until such time a trend change happens I will not alter my position.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,570
  • Apr 27, 2009 7:07am Apr 27, 2009 7:07am
as long as dow futures are down, shorts will be safe I think... under 7900 the down move can be faster...
Chief Member of 220 mph Riders Club...
  • #130,571
  • Apr 27, 2009 7:12am Apr 27, 2009 7:12am
hope this trend will continue...
Attached Image (click to enlarge)
Click to Enlarge Name: gum52704.gif Size: 12 KB
newbies yang minat nak belajar forex, sila ym saya, ym: ammal007
  • #130,572
  • Apr 27, 2009 7:20am Apr 27, 2009 7:20am
Quoting ammal07
hope this trend will continue...
Afternoon everyone, havent posted here in a while. I have to say it looks more like a wedge to me than a trend. Im currently flat awaiting some direction, at the moment it isnt clear for me. Looking at the 4hr and 1hr candles id rather be long than short right now, but im just not convinced yet
Attached Image (click to enlarge)
Click to Enlarge Name: wedge.gif Size: 63 KB
  • #130,573
  • Apr 27, 2009 7:21am Apr 27, 2009 7:21am
I don't usually look at 5 min charts, but as you posted one, I will too. That is an asymetrical triangle on the 5min.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd.gif Size: 23 KB
Probability Professor
  • #130,574
  • Apr 27, 2009 7:24am Apr 27, 2009 7:24am
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 39 KB


More than 3 hour Cable cannot break Daily low friday and cannot break lower level MA weekly.
  • #130,575
  • Apr 27, 2009 7:30am Apr 27, 2009 7:30am
Quoting biax
Attachment

More than 3 hour Cable cannot break Daily low friday and cannot break lower level MA weekly.
What are all those dotted lines on your graph?
Probability Professor
  • #130,576
  • Apr 27, 2009 7:32am Apr 27, 2009 7:32am
I think that it's better to go long now, just waiting for the 15m candle maybe will confirm going long to 1.4660 or maybe 1.4700.
what do u think guys?
  • #130,577
  • Apr 27, 2009 7:32am Apr 27, 2009 7:32am
Quoting biax
Attachment

More than 3 hour Cable cannot break Daily low friday and cannot break lower level MA weekly.
Dude you have some serious action happening on your charts
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,578
  • Apr 27, 2009 7:38am Apr 27, 2009 7:38am
Quoting Galation
What are all those dotted lines on your graph?

Bollinger Band Level for all MA. deviation (1,2,3,4).

Aqua = BB level for MA Monthly
Magenta = BB level for MA weekly
lime = BB level for MA daily
Yellow = BB level for MA H8
DeepSkyBlue = BB level for MA H4
red = BB level for MA H1
  • #130,579
  • Apr 27, 2009 8:39am Apr 27, 2009 8:39am
6 out of 7 candles having green colour,i dont think its flat move...
newbies yang minat nak belajar forex, sila ym saya, ym: ammal007
  • #130,580
  • Apr 27, 2009 8:43am Apr 27, 2009 8:43am
Quoting ammal07
6 out of 7 candles having green colour,i dont think its flat move...
you are right but since market start from yesterday all candles are white lol so now i wish time for green and it will reach till 49xx still holding 2 shorts


Ub
2,249 traders viewing now, 4 are registered:
,
dele5000
,
alenalex
,
AlphaGM