Cable Update (GBPUSD) | Page 6760 | 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)

  • #135,181
  • Jun 3, 2009 1:55am Jun 3, 2009 1:55am
while am taking a rest at GY...
GU look 1.68 @ my weely 50% will be first target before monthly 50% @ 1.73 area....

Just watch my M15 on the up vol bar atm...see what happen..and possibility hard tank back to 38.2% weekly from 1.68 area
Attached Image (click to enlarge)
Click to Enlarge Name: gu.JPG Size: 101 KB
  • #135,182
  • Jun 3, 2009 2:03am Jun 3, 2009 2:03am
Good Morning to U'all, It looks as if everybody is smiling to bank... My Thots for Cable today is "SHORT" is the short term (London session) and a "LONG" in over all view...
  • #135,183
  • Jun 3, 2009 2:15am Jun 3, 2009 2:15am
Quoting Reznik
Good Morning to U'all, It looks as if everybody is smiling to bank... My Thots for Cable today is "SHORT" is the short term (London session) and a "LONG" in over all view...
H1 look nice pin bar...good observation....
am taking small hedge of shorting @ H1 38.2%....and adjust my SL in weekly long from 1.60 @ S1=1.64..see what happen...
Attached Image (click to enlarge)
Click to Enlarge Name: GU H1.JPG Size: 84 KB
  • #135,184
  • Jun 3, 2009 2:30am Jun 3, 2009 2:30am
Nice Observation... MACD is indicating a divergence (Shade of Grey) and Price easing out with 3 spin tops forming... It goin all the way down soon.
Cash In...
  • #135,185
  • Jun 3, 2009 2:37am Jun 3, 2009 2:37am
I am "SHORT" on the Cable... Today's SIGNAL is "LONG" but in the London session... But be quick to cash in on 40-50pips "SHORT"
  • #135,186
  • Jun 3, 2009 2:39am Jun 3, 2009 2:39am
Quoting Reznik
I am "SHORT" on the Cable... Today's SIGNAL is "LONG" but in the London session... But be quick to cash in on 40-50pips "SHORT"


What are U waiting for U'all... Counting 1,2,3,... SHORT.
  • #135,187
  • Jun 3, 2009 2:41am Jun 3, 2009 2:41am
No problem chonyc ,yes price action is a modern term for it and is a must if your trying to trade.
You know indicators can only confuse you if you dont know how to use them (most don't),like they can stay overbought/sold for a long time when the market is trending.I use the MACD for momentum and divergence but really its very secondary to price itself.
Japanese Candles are my main strategy.


Quoting chonyc
Sorry for the late reply. I went to sleep

Yes, but not that good yet. That is price ation right? I'm trying avoid indicators, just CCI...So far it is easier...and hopefully be able to trade long term maybe 200, 300 pips. I want to be able to trade 1000pips someday.

I entered long last night I'm up just 47 pips base from the breakout at 1.6510...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #135,188
  • Jun 3, 2009 2:42am Jun 3, 2009 2:42am
Somebody tell me U are cashing in on all this DOLLARS... "SHORT" now "LONG" later, please be cautious in your dealings...
  • #135,189
  • Jun 3, 2009 2:43am Jun 3, 2009 2:43am
Waiting for a break below 1.6600 for short
Never Stop Learning...
  • #135,190
  • Jun 3, 2009 2:51am Jun 3, 2009 2:51am
I also got a short signal, but my SL is very close, if 15min cdl breaks out of highest point, Im out
  • #135,191
  • Jun 3, 2009 2:53am Jun 3, 2009 2:53am
Quoting leosfx
I also got a short signal, but my SL is very close, if 15min cdl breaks out of highest point, Im out


Nice One There...
  • #135,192
  • Jun 3, 2009 2:55am Jun 3, 2009 2:55am
Hi 4cfx, Whatz your say for today's Cable...
  • #135,193
  • Jun 3, 2009 2:59am Jun 3, 2009 2:59am
My Observation, the Cable is alot not definite... The Fiber is well defined and in the Down-Trend, But the Cable is alot too rigid. Perhaps de Bulls...
  • #135,194
  • Jun 3, 2009 3:00am Jun 3, 2009 3:00am
Hi,
what do you mean by small "hedge" of shorting? Please explain. Thank you.

Quoting grashid
H1 look nice pin bar...good observation....
am taking small hedge of shorting @ H1 38.2%....and adjust my SL in weekly long from 1.60 @ S1=1.64..see what happen...
  • #135,195
  • Jun 3, 2009 3:14am Jun 3, 2009 3:14am
they should have a chat here, no?
  • #135,196
  • Jun 3, 2009 3:18am Jun 3, 2009 3:18am
anybody here with Oanda?
  • #135,197
  • Jun 3, 2009 3:19am Jun 3, 2009 3:19am
  •  brigo
  • | Joined Oct 2008 | Status: the early bird catches the worm | 45 Posts
Quoting leosfx
they should have a chat here, no?

YES !!!!
  • #135,198
  • Jun 3, 2009 3:22am Jun 3, 2009 3:22am
Quoting Bones
No problem chonyc ,yes price action is a modern term for it and is a must if your trying to trade.
You know indicators can only confuse you if you dont know how to use them (most don't),like they can stay overbought/sold for a long time when the market is trending.I use the MACD for momentum and divergence but really its very secondary to price itself.
Japanese Candles are my main strategy.
Thanks very much, Bones. I will try and study it more till it becomes easier...It made my trading fun...rather than using tons of indicators before.
Never Stop Learning...
  • #135,199
  • Jun 3, 2009 3:29am Jun 3, 2009 3:29am
Quoting Reznik
Hi 4cfx, Whatz your say for today's Cable...
Hi Reznik, missed short order by 5 pips at top. Now waiting for news and then short either at clean break below 6607 or when it travels back up to 6670 area.

I think there's a retrace but probably not the big one we are expecting as yet. It would be nice though.

Let's wait for news.
  • #135,200
  • Jun 3, 2009 3:35am Jun 3, 2009 3:35am
clean break? on what timeframe?
1,813 traders viewing now, 1 is registered:
Waveskierrob