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 7, 2009 11:17pm Jul 7, 2009 11:17pm
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 7, 2009 11:20pm Jul 7, 2009 11:20pm
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 7, 2009 11:21pm Jul 7, 2009 11:21pm
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 7, 2009 11:25pm Jul 7, 2009 11:25pm
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 7, 2009 11:29pm Jul 7, 2009 11:29pm
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 7, 2009 11:29pm Jul 7, 2009 11:29pm
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 7, 2009 11:33pm Jul 7, 2009 11:33pm
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 7, 2009 11:36pm Jul 7, 2009 11:36pm
Quoting jack.canadia
whats the time of your 1 hr candle?
its 05:00
  • #143,949
  • Jul 7, 2009 11:38pm Jul 7, 2009 11:38pm
Quoting junto
its 05:00
set start hour to 23 and see what happens
  • #143,950
  • Jul 7, 2009 11:40pm Jul 7, 2009 11:40pm
  • #143,951
  • Jul 7, 2009 11:40pm Jul 7, 2009 11:40pm
Quoting jack.canadia
set start hour to 23 and see what happens

now daily pp at : 1.6178
  • #143,952
  • Jul 7, 2009 11:40pm Jul 7, 2009 11:40pm
Quoting junto
now daily pp at : 1.6178
try 1
  • #143,953
  • Jul 7, 2009 11:41pm Jul 7, 2009 11:41pm
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 7, 2009 11:42pm Jul 7, 2009 11:42pm
Quoting jack.canadia
longed 6055 .. that breakout didnt have big enough balls
  • #143,955
  • Jul 7, 2009 11:46pm Jul 7, 2009 11:46pm
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 7, 2009 11:47pm Jul 7, 2009 11:47pm
wow look at the bounce in euro!
  • #143,957
  • Jul 7, 2009 11:49pm Jul 7, 2009 11:49pm
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 7, 2009 11:49pm Jul 7, 2009 11:49pm
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 7, 2009 11:51pm Jul 7, 2009 11:51pm
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 7, 2009 11:53pm Jul 7, 2009 11:53pm
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
287 traders viewing now, 2 are registered:
,
Olu