Cable Update (GBPUSD) | Page 7198 | 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)

  • #143,941
  • Jul 8, 2009 1:17am Jul 8, 2009 1:17am
Quoting junto
hey jack,

thanks alot!

btw my pivot hr = 0 at 1.6071

it should b 1.6147 ?

wat hr should i set it to?
whats the time of your 1 hr candle?
  • #143,942
  • Jul 8, 2009 1:20am Jul 8, 2009 1:20am
Quoting jack.canadia
i dont know how u guys trade that pair .. too much for me lol overshoots support.resistance levels wider stops needed = stress lol
I find it easier than GU to tell you truth
Blogging daily now at www.volume.zone
  • #143,943
  • Jul 8, 2009 1:21am Jul 8, 2009 1:21am
Quoting Spider-Man
in at 1.60705...
risky...but im in for somethin small until london
probably gonna pull soon

"Im in" means long or short mate? what are your targets and stop loss? Rationale for trade or is it SOP trading?
  • #143,944
  • Jul 8, 2009 1:25am Jul 8, 2009 1:25am
Quoting malcolmb14
I find it easier than GU to tell you truth
I agree lol.
Might be a bit off, I have dragon's nearest support at 149.75 level. What's your take malcolm?
Thank You
  • #143,945
  • Jul 8, 2009 1:29am Jul 8, 2009 1:29am
we are heading to second support at 1.6000.I get a stupid feeling that we will go under by the end of this day.i will look for a bounce back to enter short.hope will ply ok.)))
Quoting jack.canadia
my original longs from the 70 aread were stopped +3 .. dont let a winner ever go against u

right now no trade open for me
  • #143,946
  • Jul 8, 2009 1:29am Jul 8, 2009 1:29am
i went short and its playing on the S2 level so im out....17 pips when all is said and done...just dont want a problem....might go back in round london...watchin the fibs for more assurances
With Great Money Management Comes Great Success PATIENCE
  • #143,947
  • Jul 8, 2009 1:33am Jul 8, 2009 1:33am
this is the point where the 4 H and bollinger daily are touching.form there we may see a bouce back to 1.62 .lets see if this scenario works.(guys how can i upload pictures and charts????


Quoting Forexworld
we are heading to second support at 1.6000.I get a stupid feeling that we will go under by the end of this day.i will look for a bounce back to enter short.hope will ply ok.)))
  • #143,948
  • Jul 8, 2009 1:36am Jul 8, 2009 1:36am
Quoting jack.canadia
whats the time of your 1 hr candle?
its 05:00
  • #143,949
  • Jul 8, 2009 1:38am Jul 8, 2009 1:38am
Quoting junto
its 05:00
set start hour to 23 and see what happens
  • #143,950
  • Jul 8, 2009 1:40am Jul 8, 2009 1:40am
  • #143,951
  • Jul 8, 2009 1:40am Jul 8, 2009 1:40am
Quoting jack.canadia
set start hour to 23 and see what happens

now daily pp at : 1.6178
  • #143,952
  • Jul 8, 2009 1:40am Jul 8, 2009 1:40am
Quoting junto
now daily pp at : 1.6178
try 1
  • #143,953
  • Jul 8, 2009 1:41am Jul 8, 2009 1:41am
Quoting Zuke
Hourly close under both major support at Murray Math 0/8 6113 and -1/8 overshoot 6083.

In addition, not only did we break 6113 and ran down to 6060, but crucially we also retested that level and it held as resistance.

As I am a price trader, I have added to my 6154 short (see earlier posts) with a 6090 short. Stop loss is 6135 and I am looking for a run down to 6000.
Closed my 6090 short at 6065 for +25 as price close above 3EMA on 5min chart on bullish Heiken Ashi candle (one of my rules). SL on my 6154 short has been moved down to 6124. Will now wait for London open for reentry short
  • #143,954
  • Jul 8, 2009 1:42am Jul 8, 2009 1:42am
Quoting jack.canadia
longed 6055 .. that breakout didnt have big enough balls
  • #143,955
  • Jul 8, 2009 1:46am Jul 8, 2009 1:46am
i am actualy seeing this running out of steam. MACD starting to cross up and volume is low, actualy decreasing. End of this hour will show me what volume is doing more clearly. daily s2 is aproaching at 1.59998 and hopeing it reaches, where i will consider long.
Attached Image (click to enlarge)
Click to Enlarge Name: gu gu thread.gif Size: 15 KB
  • #143,956
  • Jul 8, 2009 1:47am Jul 8, 2009 1:47am
wow look at the bounce in euro!
  • #143,957
  • Jul 8, 2009 1:49am Jul 8, 2009 1:49am
Quoting jack.canadia
try 1
i tried 1.. now daily pp at 1.6179

if,

i try 5.. now daily pp at 1.6145

  • #143,958
  • Jul 8, 2009 1:49am Jul 8, 2009 1:49am
Quoting Spider-Man
i went short and its playing on the S2 level so im out....17 pips when all is said and done...just dont want a problem....might go back in round london...watchin the fibs for more assurances
Nice quick 17 pips...well done! Im tempted to enter a short around 6108-6113 to test previous major support acting as resistance, but reluctant to do so so close to London open
  • #143,959
  • Jul 8, 2009 1:51am Jul 8, 2009 1:51am
Quoting junto
i tried 1.. now daily pp at 1.6179

if,

i try 5.. now daily pp at 1.6145

whats your M2 number
  • #143,960
  • Jul 8, 2009 1:53am Jul 8, 2009 1:53am
Quoting Zuke
Nice quick 17 pips...well done! Im tempted to enter a short around 6108-6113 to test previous major support acting as resistance, but reluctant to do so so close to London open
thanks man.
patience man!
With Great Money Management Comes Great Success PATIENCE
273 traders viewing now, 5 are registered:
sam3234
,
RSdecompose
,
Molaro
,
ericis
,