Cable Update (GBPUSD) | Page 9075 | 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)

  • #181,481
  • Nov 7, 2009 5:00pm Nov 7, 2009 5:00pm
Quoting djambazov84
holy Christ! i must be going blind i thought i saw 1.6660 and u had 1.660x

my sincere apologies ! my mistake

p.s. good short entry point 8h chart has a fat hanging man but we still may see higher exaustion prices where seller will be pleasant to take over @ 1.6700-40
No probs, yes we could spike before falling...
  • #181,482
  • Nov 7, 2009 5:11pm Nov 7, 2009 5:11pm
Hi egkid, Gold has broken several resistances lately as well as the record high. The past few sessions gold has gained further than the USD has lost,
one reason,

Last week India bought 200 Metric tons of gold from the IMF. Helping to propel spot to new record highs. We are just below 1100. The gold bull is in full force. There may be some retracement to follow however, we are now in uncharted territory. usually these gains are later in the year, I am looking to the possibility of 1150 and beyond by december if 1000 and or lower 930 area are not sufficiently breached on the downside.

http://www.kitco.com/LFgif/au00-pres.gif

Quoting egkid
I know the relation between gold and us$ but i read this and hope someone give more explanation how is that happen .
[b][u] "topping $1,100 an ounce, on mounting speculation that low U.S. borrowing costs"
Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: Gold_USD spot.png Size: 38 KB
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #181,483
  • Nov 7, 2009 5:58pm Nov 7, 2009 5:58pm
Quoting url5150
DT good to know about u, hope everything it`s ok, simply and nice analysis.
Thanks, appreciated

Here's another chart that I forgot to add in the link below:

Basically, if UTL holds, descending wedge = Fall. (Simples, as a British Meerkat would say.)
Attached Image (click to enlarge)
Click to Enlarge Name: 07-11-03.gif Size: 22 KB
  • #181,484
  • Nov 8, 2009 3:48am Nov 8, 2009 3:48am
My daily chart below, more charts on my blog.
Attached Image (click to enlarge)
Click to Enlarge Name: 20091106gbpD.gif Size: 36 KB
  • #181,485
  • Nov 8, 2009 5:35am Nov 8, 2009 5:35am
Quoting direct-trade
Thanks, appreciated

Here's another chart that I forgot to add in the link below:

Basically, if UTL holds, descending wedge = Fall. (Simples, as a British Meerkat would say.)
I agree

GU will fall once
  • #181,486
  • Nov 8, 2009 6:54am Nov 8, 2009 6:54am
Quoting geppyg
hi all,

these are my market thoughts..looking at things from a different angle than the shorter time frames....
Just as many traders have said...
The main stratergy is to consider the daily trendline....
So good rr for shorting ..

Good luck for the next week
i am again not getting in anywhere all of them will have to wait to be hit.
My target for this week is 250 pips...
I will try and post all the trades live....
Just one request... Please dont call any trades on these boards without analysis and a reason...

Brother azim i am still waiting...

good luck for all ......hi there i see that u are a good one so in my vision :

The gbpusd on his way to hit the 1.67 and then in few day or less he well go down back to 1.64

hope a good luck for all
  • #181,487
  • Nov 8, 2009 7:56am Nov 8, 2009 7:56am
Hi every one hope for u all well and for this week my vision on the gbpusd in up to 1.67 means that we can make a lot of money.......but in the next few days well return down.

Good luck.
  • #181,488
  • Edited 9:03am Nov 8, 2009 9:01am | Edited 9:03am
As i said i am short GBP/USD and i am still holding that position

i am sending you live statement so you know that i am still in trade its all about confidence and faith
if you have done you home work then no worries guys
im not married to my position but i know GU will reverse soon so i am holding
here is live statement
well i got 100% profit in 2 weeks
im not married to my position but i have done my home work and i know it will reverse thats y iam holding my position..
see the statements
this is my small account im trading in my real account i trade wisely and looking for big profits

take care guys..
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Nov. 08 18.41.jpg Size: 161 KB
Attached Images
Don't compare your Trades with Others
  • #181,489
  • Nov 8, 2009 9:11am Nov 8, 2009 9:11am
i'm agree GU will be test 1.6680 if she can't reach that she will deep fall to 1.57, is that right??
  • #181,490
  • Nov 8, 2009 9:39am Nov 8, 2009 9:39am
Interesting all these predictions that GU will go, when are you lot going to learn you can't predict anything as you don't know what the news will be no doubt they'll be some out Monday which will then decide the direction.

Recent previous high is @1.6700 watch for S/R near there, possible short with a tight SL.

But the trend is UP, going long term swing trade short is madness, longs on pull backs trade what it's doing not what you expect it to do.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #181,491
  • Nov 8, 2009 9:57am Nov 8, 2009 9:57am
Quoting Turveyd
Interesting all these predictions that GU will go, when are you lot going to learn you can't predict anything as you don't know what the news will be no doubt they'll be some out Monday which will then decide the direction.

Recent previous high is @1.6700 watch for S/R near there, possible short with a tight SL.

But the trend is UP, going long term swing trade short is madness, longs on pull backs trade what it's doing not what you expect it to do.
Well said......and your signature rocks...!!!!
  • #181,492
  • Nov 8, 2009 10:51am Nov 8, 2009 10:51am
Quoting Turveyd
Interesting all these predictions that GU will go, when are you lot going to learn you can't predict anything as you don't know what the news will be no doubt they'll be some out Monday which will then decide the direction.

Recent previous high is @1.6700 watch for S/R near there, possible short with a tight SL.

But the trend is UP, going long term swing trade short is madness, longs on pull backs trade what it's doing not what you expect it to do.


Your comments:

"When are you lot going to learn you can't predict anything...?"

"....going long term swing trade short is madness"

Not quite the professional analysis/chart study I was looking for whilst browsing the thread before Asia.
  • #181,493
  • Nov 8, 2009 10:52am Nov 8, 2009 10:52am
Look like GU holding her and my set-up this week will still more focus on GY after nice pippin in Friday NFP ....

http://www.forexfactory.com/showpost...stcount=207108

Still GY will be my best choice this week unless 2 gate on GU mentioned before... breakout...

Good luck n happy good weekend all
Attached Image
  • #181,494
  • Nov 8, 2009 10:58am Nov 8, 2009 10:58am
Quoting direct-trade
Your comments:

"When are you lot going to learn you can't predict anything...?"

"....going long term swing trade short is madness"

Not quite the professional analysis/chart study I was looking for whilst browsing the thread before Asia.

If you think it's wise to setup a bias to SHORT SHORT SHORT as the market goes up and ofcourse as it goes down to LONG LONG LONG then, ever heard of following the trend.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #181,495
  • Nov 8, 2009 11:02am Nov 8, 2009 11:02am
Quoting Turveyd
Interesting all these predictions that GU will go, when are you lot going to learn you can't predict anything as you don't know what the news will be no doubt they'll be some out Monday which will then decide the direction.

Recent previous high is @1.6700 watch for S/R near there, possible short with a tight SL.

But the trend is UP, going long term swing trade short is madness, longs on pull backs trade what it's doing not what you expect it to do.
and seems agreed at current situation....
  • #181,496
  • Nov 8, 2009 11:20am Nov 8, 2009 11:20am
hey relax .. long trend is up he says ... rofl ....he needs glasses

looks like fake out breakout 1.6800 then see what we get form there

Attached Image (click to enlarge)
Click to Enlarge Name: chart1110.png Size: 173 KB






Quoting Geppyg
You are such a pain in the backside..............
What the Fuck do you think is wrong with the charts that me or DT or Azim have posted...Why not trying to predict the future but trying chart from experiance.....

You are the only one that comes on...
Blogging daily now at www.volume.zone
  • #181,497
  • Nov 8, 2009 11:41am Nov 8, 2009 11:41am
Quoting malcolmb14
hey relax .. long trend is up he says ... rofl ....he needs glasses

looks like fake out breakout 1.6800 then see what we get form there

Attachment

lol, good to see you Mal.

Right, back to business. Fake out is certainly on the cards, but I called Short from here (16600 area) due to the fact we had an engine bird strike 200 pips below, the momentum carried us up here even though both engines failed....next stage is a stall and fall into the Hudson.

Point is...a stall is prewarned by wing buffeting, stick shake and "Oh Sh*t, push the nose down....!" I would say we are at the point of stall right here...but might gilde up another 100-220 or so pips first to see if we can stretch out the glide on the way down. I went short when the engines failed, it's only a matter of time before the passengers stop looking at the clear blue sky above the clouds and start thinking about life jackets.
  • #181,498
  • Nov 8, 2009 11:42am Nov 8, 2009 11:42am
http://i648.photobucket.com/albums/u...um/trade-4.gif
  • #181,499
  • Nov 8, 2009 12:00pm Nov 8, 2009 12:00pm
Quoting Geppyg
Hi DT,

I hope all is well back home...buddy.
His vouches ...ummm I aint got a clue now
I feel bad I only have nine....lol.....

Just again would like to mention top notch analysis from you DT
Have a wonderful week..

Geppyg

All is good mate, looking forward to this week...hopefully see some volatility and extreme moves.

Cable is exactly where they want it...no man's land.

You have posted a great anaylsis and charts.

PS looks like you have 10 vouches now instead of 9.


Have a great trading week, all the best
  • #181,500
  • Nov 8, 2009 12:05pm Nov 8, 2009 12:05pm
Quoting malcolmb14
hey relax .. long trend is up he says ... rofl ....he needs glasses

looks like fake out breakout 1.6800 then see what we get form there

Attachment

Mal, having read your posts for a few years now, I must say, you are a f*cking good trader.

Just thought I'd mention it.

Happy trades
469 traders viewing now, 2 are registered:
Altaf249
,
ricmaj