Cable Update (GBPUSD) | Page 6629 | 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)

  • #132,561
  • May 15, 2009 11:53am May 15, 2009 11:53am
It's cool to see people posting from literally all over the world... I don't think there are many forums where people from all over the world actually post on the same thread. It's interesting and nice to see.

I´m French but posting from Colombia.

Have a good weekend everyone.
Doh! I didn't mean to do that.
  • #132,562
  • May 15, 2009 11:53am May 15, 2009 11:53am
Quoting kingindian
in CHF
im short from 1154 (1171 before but already TP)
targetting 1100...
the reason is the big up is so sudden it will down again to some normal point i think.
Urmmmm - theres always a 50/50 chance of that happening. Not all sharp moves have opposite moves. I would be careful especially on a pair youre not too sure about. CHF is overvalued and is likely to depreciate. Institutional tratders have been targetting 1.11 to 1.12.
  • #132,563
  • May 15, 2009 11:59am May 15, 2009 11:59am
Price being rejected at 1.5250 area. As long as that holds this goes down to 1.4925 area which is the 23 fib
  • #132,564
  • May 15, 2009 11:59am May 15, 2009 11:59am
Eric are you a cricketer ,rugby player or Soccer player from london? lol Strauss is a good captain? I think Kevin Peterson better lol

Quoting EricB
Urmmmm - theres always a 50/50 chance of that happening. Not all sharp moves have opposite moves. I would be careful especially on a pair youre not too sure about. CHF is overvalued and is likely to depreciate. Institutional tratders have been targetting 1.11 to 1.12.
BANDA333
  • #132,565
  • May 15, 2009 12:31pm May 15, 2009 12:31pm
Quoting BANDA
Eric are you a cricketer ,rugby player or Soccer player from london? lol Strauss is a good captain? I think Kevin Peterson better lol
Ive lost all interest in sports now - I played football (soccer) semi-professionally before doing a degree in physics and then post-grad in management and ending up finally in finance after 6 years in project management - and now I watch charts and my team is either GBP or USD depending on the direction I want the game to in hehe - Ive been like you hoping for a goal down south for sometime now!
  • #132,566
  • May 15, 2009 12:34pm May 15, 2009 12:34pm
You seems very educated ...........I don't have a job it is very difficult with a job.........I have masters but no use ........I was in public health..........I don't know economics.......but IMHO current economic situation ill managed.........

In medicine if a person had a accident got ruptured liver or spleen or any internal organ.........acute stage you give blood & fluids to replete the volume depletion........and not allow the person to get in to traumatic or hemorrhagic shock..... and the patients need surgery to rectify the problem......... you don't give blood for chronic problems.......... current economy managed with flashing money it will only make the problem worse..........flushing money would help in acute stage..........we have chronic problem.......


Quoting EricB
Ive lost all interest in sports now - I played football (soccer) semi-professionally before doing a degree in physics and then post-grad in management and ending up finally in finance after 6 years in project management - and now I watch charts and my team is either GBP or USD depending on the direction I want the game to in hehe - Ive been like you hoping for a goal down south for sometime now!
BANDA333
  • #132,567
  • May 15, 2009 12:38pm May 15, 2009 12:38pm
Quoting BANDA
You seems very educated ...........I don't have a job it is very difficult with a job.........I have masters but no use ........I was in public health/treatment
What was your masters in? I realise it is pretty difficult and lots of people are having issues at the moment. How is trading treating you?
  • #132,568
  • May 15, 2009 12:41pm May 15, 2009 12:41pm
Quoting EricB
Ive lost all interest in sports now - I played football (soccer) semi-professionally before doing a degree in physics and then post-grad in management and ending up finally in finance after 6 years in project management - and now I watch charts and my team is either GBP or USD depending on the direction I want the game to in hehe - Ive been like you hoping for a goal down south for sometime now!
Hey Eric

There's some price action south right now. Do you think it has enough power to take it through?
  • #132,569
  • May 15, 2009 12:47pm May 15, 2009 12:47pm
Quoting 4cfx
Hey Eric

There's some price action south right now. Do you think it has enough power to take it through?
I couldnt tell whether it will go further south then 1.515/514 - reason - I think the H&S pattern earlier on H1 was genuine but there was some price action which seemed suspect that probably ran stops - if the original H&S shoulder completed then 1.515 is guaranteed - but further would depend on what they have up their sleeves - Ideally I would like to see 1.495 -1.497.
  • #132,570
  • May 15, 2009 12:47pm May 15, 2009 12:47pm
Quoting BANDA
You seems very educated ...........I don't have a job it is very difficult with a job.........I have masters but no use ........I was in public health..........I don't know economics.......but IMHO current economic situation ill managed.........

In medicine if a person had a accident got ruptured liver or spleen or any internal organ.........acute stage you give blood & fluids to replete the volume depletion........and not allow the person to get in to traumatic or hemorrhagic shock..... and the patients need surgery to rectify the problem............
Banda are u involved in healthcare? I start medical school this fall.
  • #132,571
  • May 15, 2009 12:48pm May 15, 2009 12:48pm
IMHO have to thank SNB nobody will go long on EU or GBP for the time being ......... this week GBP can close below 1.51 .........monday in USA they will not allow hedging same pair............that will also drive GBP amd EU down


Quoting 4cfx
Hey Eric

There's some price action south right now. Do you think it has enough power to take it through?
BANDA333
  • #132,572
  • May 15, 2009 12:49pm May 15, 2009 12:49pm
Quoting EricB
I couldnt tell whether it will go further south then 1.515/514 - reason - I think the H&S pattern earlier on H1 was genuine but there was some price action which seemed suspect that probably ran stops - if the original H&S shoulder completed then 1.515 is guaranteed - but further would depend on what they have up their sleeves - Ideally I would like to see 1.495 -1.497.
Ya that move up occurred at a random time. Probably was the institutional guys running off stops and also trying to get people to buy into their selling.

My position is finally playing out.. +112 current.
  • #132,573
  • May 15, 2009 12:51pm May 15, 2009 12:51pm
I'm outa here with short still active over the weekend (off course SL to breakeven). H&S pattern on the 4H still in play....

Happy Trading
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #132,574
  • May 15, 2009 12:55pm May 15, 2009 12:55pm
Hey jack medicine is a thing you can help people who is in pain. .........worked with patients from chronic to acute conditions.........you will have to study lot of Anatomy, Physiology , Clinical methods and Pharmacology during first year............study hard .........save the needy and people in pain...........did you complete MCAT? currently I am not working

Quoting jack.canadia
Banda are u involved in healthcare? I start medical school this fall.
BANDA333
  • #132,575
  • May 15, 2009 12:56pm May 15, 2009 12:56pm
Quoting jack.canadia
Ya that move up occurred at a random time. Probably was the institutional guys running off stops and also trying to get people to buy into their selling.

My position is finally playing out.. +112 current.
Sometimes you can tell where they will interfere - when the situation is just too obvious - I usually look for longer time frames to look at trends and price action - The H&S was too obvious so there is an opp for a big player to make money by messing it up a bit - however general theory is that the only currency I'm bullish on is CAD - GBP and EUR are bound to deppreciate - USD is pretty crap as well but better than GBP and hence my south inclination - they can play the charts but gravity is something that cant be avoided.
  • #132,576
  • May 15, 2009 12:56pm May 15, 2009 12:56pm
Quoting jack.canadia
Ya that move up occurred at a random time. Probably was the institutional guys running off stops and also trying to get people to buy into their selling.

My position is finally playing out.. +112 current.
I think if it hits 1.5150, I'll move my stop there to lock in some profits. And then see how it plays out.
  • #132,577
  • May 15, 2009 12:59pm May 15, 2009 12:59pm
Quoting BANDA
Hey jack medicine is a thing you can help people who is in pain. .........worked with patients from chronic to acute conditions.........you will have to study lot of Anatomy, Physiology , Clinical methods and Pharmacology during first year............study hard .........save the needy and people in pain...........did you complete MCAT? currently I am not working
Banda/Jack - youre both good traders why havent you considered trading fulltime? Eric
  • #132,578
  • May 15, 2009 12:59pm May 15, 2009 12:59pm
The DOW has formed, broken and retested the neckline of a H/S on the 1-hour chart, and its near making a new low for today.
  • #132,579
  • May 15, 2009 1:01pm May 15, 2009 1:01pm
happy weekend guys ..........I have to take my son to his walk .........
have a good one ..............I will only short EU and GBP till it go to levels 1.47 and EU till 1.30-1.28
BANDA333
  • #132,580
  • May 15, 2009 1:02pm May 15, 2009 1:02pm
Thankx ERIC if can could you send your E mail to my I.M? talk to you later

Quoting EricB
Banda/Jack - youre both good traders why havent you considered trading fulltime? Eric
BANDA333
247 traders viewing now