Cable Update (GBPUSD) | Page 6613 | 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)

  • #132,241
  • May 14, 2009 8:28am May 14, 2009 8:28am
Quoting PipLand
My feelings are we will continue down until either late on friday or early next week.

I feel we need to test 4950 first, if that gets broken a possible test of 4700!
I agree with you pip, just slightly different on the first level..... 1.5000 needs to break for continuation to 1.4700. Strong support is seen at 1.4700.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #132,242
  • May 14, 2009 8:28am May 14, 2009 8:28am
Quoting I like steak
The weekly looks as if you would want to be bet the farm on a long here...
hmm sure, you could bet the farm! but since its all realtive - have atleast a 1500pip SL
  • #132,243
  • May 14, 2009 8:29am May 14, 2009 8:29am
I already closed my long position again with 42 pips,

______________________________

History Level GBPUSD

.
  • #132,244
  • May 14, 2009 8:29am May 14, 2009 8:29am
Quoting mr.m
downtrend i think will only continue tmwr.. im looking to long today!
took a small long and got out!! too uncertain now!
  • #132,245
  • May 14, 2009 8:34am May 14, 2009 8:34am
my target at 5167, 5200 , 5250....
- Always pray on your trading - God know the best for everyone
  • #132,246
  • May 14, 2009 8:35am May 14, 2009 8:35am
1.5160
its either now or never for bears.
otherwise we will go higher.
  • #132,247
  • May 14, 2009 8:36am May 14, 2009 8:36am
it's like going to 350

_________________________

History levels GBPUSD

.
  • #132,248
  • May 14, 2009 8:37am May 14, 2009 8:37am
5167 hit....

5200 and 5250...coming soon
- Always pray on your trading - God know the best for everyone
  • #132,249
  • May 14, 2009 8:41am May 14, 2009 8:41am
u are still on long mr king?
  • #132,250
  • May 14, 2009 8:41am May 14, 2009 8:41am
Quoting kingindian
5167 hit....

5200 and 5250...coming soon
looks like it might have been some short lived news. Same spikes in stocks too.

Anyone know?
  • #132,251
  • May 14, 2009 8:43am May 14, 2009 8:43am
Quoting mloistianto
u are still on long mr king?
yes i am...
targetting 5250 and 5200
- Always pray on your trading - God know the best for everyone
  • #132,252
  • May 14, 2009 8:43am May 14, 2009 8:43am
what was that?
  • #132,253
  • May 14, 2009 8:45am May 14, 2009 8:45am
Quoting kingindian
yes i am...
targetting 5250 and 5200
any ideas what to do after your targets are hit?
for me 1.5160 is the only point to prevent 5200.. if 5160 is breached than you should be fine.
  • #132,254
  • May 14, 2009 8:47am May 14, 2009 8:47am
Quoting mloistianto
what was that?
I think this is the reason

http://www.bloomberg.com/apps/news?p...h8Y&refer=home
  • #132,255
  • May 14, 2009 8:47am May 14, 2009 8:47am
short 1.5160.... SL 1.5220....... TP 1.50000
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #132,256
  • May 14, 2009 8:48am May 14, 2009 8:48am
Quoting Bull_Bear
short 1.5160.... SL 1.5220....... TP 1.50000
Nice entries! taking advantage of the little spike
  • #132,257
  • May 14, 2009 8:51am May 14, 2009 8:51am
Quoting PipLand
Nice entries! taking advantage of the little spike
Thats the idea as the retrace is on the cards......
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #132,258
  • May 14, 2009 8:52am May 14, 2009 8:52am
Quoting Bull_Bear
short 1.5160.... SL 1.5220....... TP 1.50000
1.5000 according to?
because i am also short since 1.5155 but targeting 1.5100.
  • #132,259
  • May 14, 2009 8:53am May 14, 2009 8:53am
Quoting Galatasaray
any ideas what to do after your targets are hit?
for me 1.5160 is the only point to prevent 5200.. if 5160 is breached than you should be fine.
of course i will do short if it reach 5250.
or i'll see the pattern after that.
- Always pray on your trading - God know the best for everyone
  • #132,260
  • May 14, 2009 9:02am May 14, 2009 9:02am
Quoting Galatasaray
1.5000 according to?
because i am also short since 1.5155 but targeting 1.5100.
Psyc level..... for a pause.... if that breaks targeting 1.4700.... Original strong ressistence in the uptrend from last week, now strong support if price does make it back there which also happens to be the 38.2%. This play can be many sessions away, if it does unfold.
Veni, Vidi, Vici (We came, we saw, we conquered)
693 traders viewing now, 2 are registered:
,