Cable Update (GBPUSD) | Page 8834 | 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)

  • #176,661
  • Oct 15, 2009 6:41am Oct 15, 2009 6:41am
Quoting Turveyd
Here is what you lot did wrong ( Skip the BS I'm trying to help )

On the chart attached,...

we live to learn what can i say!!..u the man! D
did u ride the mofo up?
  • #176,662
  • Oct 15, 2009 6:42am Oct 15, 2009 6:42am
Quoting Bull_Bear
It's not retreat mate... its called trading rules and regathering my thoughts. Market will always be there tom, there's no hurry.
Good boy... With patience and dicipline, amazing thing will happen...!
  • #176,663
  • Oct 15, 2009 6:42am Oct 15, 2009 6:42am
Quoting MHuzaifa
The time for bears now starting bulls loosing steam so be careful for your long. You still IN ?

yes...I'm still carrying my long position...
Hear the music before the song is over ...
  • #176,664
  • Oct 15, 2009 6:44am Oct 15, 2009 6:44am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
count me in mate

although not sure this GS news reaction is temp or will pick later....

Everyone needs to have their. So Ny boys might like to go bit higher before the drop. They are still more then what was anticipated but not upto the rumour'd

last time we had this BOE crap of stoppping QE was 700 pip move. this time 500 done already so another 200 may be :-)


Quoting direct-trade
Taxi anyone? Sorry I'm late, got stuck in a lift/elevator at the Goldman Sachs office...
  • #176,665
  • Oct 15, 2009 6:45am Oct 15, 2009 6:45am
Quoting nAVIN2007
we live to learn what can i say!!..u the man! D
did u ride the mofo up?

Remember that for the next time, I'm trying to bail you out.

Sadly no, it's not that kinda trades I'm after as there rare and gunning for them with a tight SL isn't feasible.

But I'm up 100+ pips and no losers this week so it's all good
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #176,666
  • Oct 15, 2009 6:45am Oct 15, 2009 6:45am
Quoting GlobalMacro


Hey Sport,

I was starting to wonder where you were...
lol I'm around, your bulls were giving me a hard time had to ride them off.

Inserted Video



Btw I won't go anywhere, gonna take you on a wild ride south brother
Thank You
  • #176,667
  • Oct 15, 2009 6:47am Oct 15, 2009 6:47am
Quoting direct-trade
Taxi anyone? Sorry I'm late, got stuck in a lift/elevator at the Goldman Sachs office...
I'm in. This time I take the roof brother
Thank You
  • #176,668
  • Oct 15, 2009 6:48am Oct 15, 2009 6:48am
Quoting DeadCowboy
Definately not a long term uptrend, check your dailys and weekys, this move is very impulsive and will be corrected, when? I don't know, but it will. Get your money while you can, because the short term trend will end soon enough.

Lets see how it goes
  • #176,669
  • Oct 15, 2009 6:48am Oct 15, 2009 6:48am
Quoting MHuzaifa
The time for bears now starting bulls loosing steam so be careful for your long. You still IN ?
I am DEFINITELY in!!!
  • #176,670
  • Oct 15, 2009 6:48am Oct 15, 2009 6:48am
Quoting Turveyd
Here is what you lot did wrong ( Skip the BS I'm trying to help )

On the chart attached, the Orange line is the 1 day average, if you plot a 96sma on a 15Min chart and look back you'll see this SMA had kept the downtrend going numerous times.

So, when it moved over then had buying support near it, 13th 13:30 area on the chart, there was a high probability that the trend would turn up, which it did.

2nd mistake you made was when against the trend, you tried to predict how far it'll go, this is IMPOSSIBLE, it could move 10pips or 500pips know...
I think I read your How to win friends and influence people book, oops sorry that was Dale Carnigue, lol...seriously though, I take your point about going against trend for a home run score and even about the ma's helping, but the 96sma on 15min ? why that one, why not the 67 and 1/2 or the 74 and 3/4, lol...seriosly though as a general rule (not for you turvey_d as you have a system/methodology you are happy with) if you are going to use ma's use ones that the bigger players may use on the t/f's they use them on, ie the 100 and 200 on the1hr upwards, particularly the daily, the 200sma considered by many to be the 'fair value' sma..
ex member
  • #176,671
  • Oct 15, 2009 6:49am Oct 15, 2009 6:49am
Quoting evmeida_id
Good boy... With patience and dicipline, amazing thing will happen...!
Good boy????
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,672
  • Oct 15, 2009 6:49am Oct 15, 2009 6:49am
Quoting Turveyd
Remember that for the next time, I'm trying to bail you out.

Sadly no, it's not that kinda trades I'm after as there rare and gunning for them with a tight SL isn't feasible.

But I'm up 100+ pips and no losers this week so it's all good
nice bro! keep it up profit is profit
its great to see it compounding!!..thanks man
  • #176,673
  • Oct 15, 2009 6:51am Oct 15, 2009 6:51am
looks like things are holding around the 6240s....hmmm....break down baby!!!
  • #176,674
  • Oct 15, 2009 6:52am Oct 15, 2009 6:52am
Quoting bbmac
I think I read your How to win friends and influence people book, oops sorry that was Dale Carnigue, lol...seriously though, I take your point about going against trend for a home run score and even about the ma's helping, but the 96sma on 15min ? why that one, why not the 67 and 1/2 or the 74 and 3/4, lol...seriosly though as a general rule (not for you turvey_d as you have a system/methodology you are happy with) if you are going to use ma's use ones that the bigger players may use on the t/f's they use them on, ie the 100 and 200...

Because I've statistically back and forwarded tested it so I know it's strong, and it represents the average value of the day 1440mins or 24hour or 1 day, understand that ??

So if you want to use it on a 1H chart, use 24, don't bother on a 4H chart the accuracy is not enough to make it useable.

I use 1440sma on M1 ofcourse!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #176,675
  • Oct 15, 2009 6:52am Oct 15, 2009 6:52am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Chart posted on DT's thread says once we cross 61200, 63300-500 is the place where we need to be careful.

http://www.forexfactory.com/attachme...0&d=1255171760


Seems it is happening but for how long. I don't know for sure.


With dull PA from last few days, I expected major move UP until 23rd to 63500 not this soon...
golly gosh this market is fantastic...full of adrenaline...
  • #176,676
  • Oct 15, 2009 6:54am Oct 15, 2009 6:54am
Quoting bbmac
I think I read your How to win friends and influence people book, oops sorry that was Dale Carnigue, lol...seriously though, I take your point about going against trend for a home run score and even about the ma's helping, but the 96sma on 15min ? why that one, why not the 67 and 1/2 or the 74 and 3/4, lol...seriosly though as a general rule (not for you turvey_d as you have a system/methodology you are happy with) if you are going to use ma's use ones that the bigger players may use on the t/f's they use them on, ie the 100 and 200...

Not here to make friends or influence people but it crazy some of the bad trading and total illogic that goes on in this thread, newbie's sadly come in read this thread, most never have the ability to change there opinion and well there screwed.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #176,677
  • Oct 15, 2009 6:55am Oct 15, 2009 6:55am
THIS CITY GROUP NEWS SHOULD DRAG US DOWN A LITTLE MORE.. 10 mins..
  • #176,678
  • Oct 15, 2009 6:56am Oct 15, 2009 6:56am
Morning folks,

Would someone care to share with me what's going with the GU? I just woke up to start the day and overnight it has gone 200+ pips while EU is going down? No correlation. What make GU moved so much? Thanks.




Quoting ams
Chart posted on DT's thread says once we cross 61200, 63300-500 is the place where we need to be careful.

http://www.forexfactory.com/attachme...0&d=1255171760


Seems it is happening but for how long. I don't know for sure.


With dull PA from last few days, I expected major move UP until 23rd to 63500 not this soon...
golly gosh this market is fantastic...full of adrenaline...
  • #176,679
  • Oct 15, 2009 6:56am Oct 15, 2009 6:56am
Quoting bbmac
I think I read your How to win friends and influence people book, oops sorry that was Dale Carnigue, lol...seriously though, I take your point about going against trend for a home run score and even about the ma's helping, but the 96sma on 15min ? why that one, why not the 67 and 1/2 or the 74 and 3/4, lol...seriosly though as a general rule (not for you turvey_d as you have a system/methodology you are happy with) if you are going to use ma's use ones that the bigger players may use on the t/f's...
What a great call

Give that man a BEER
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,680
  • Oct 15, 2009 7:00am Oct 15, 2009 7:00am
Quoting SeaPip
Morning folks,

Would someone care to share with me what's going with the GU? I just woke up to start the day and overnight it has gone 200+ pips while EU is going down? No correlation. What make GU moved so much? Thanks.

[CABLE] has surged further as markets eye up a possible M&A in the offing, with latest rumours centering on talk that Sainsbury have accepted a 420p a share offer from Qatar (about Gbp 7.5bn). This is all pure speculation at present, but Cable has nonetheless rallied to a 1.6272 high in recent trade, with more stops being tripped through the 1.6227 15 day best and 1.6225 fibo level. Amongst the buyers were two large US investment banks, a US custodial, Japanese accounts, Middle East (Gbp/Yen), a large German bank and a UK clearer. The 1.6291 50 dma now beckons, ahead of 1.6300.


P
515 traders viewing now, 2 are registered:
Richiiee
,
makeme