Cable Update (GBPUSD) | Page 9095 | 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)

  • #181,881
  • Nov 9, 2009 11:41pm Nov 9, 2009 11:41pm
Quoting fourxtrader
......observes the little oriental massage therapist as she
palpates the taut and tender fibers of the cervico-brachial
plexus and trapezii musculature of my neck and shoulders.

"Ewww dat tight one!!!!"
......one might also exclaim when viewing the ema's as they
bunch and wind tightly together on any time frame; [color=blue][i]there...
Look for the gathering and the experience the action!
"Ewww dat tight one!!!!"

Dr. D.
Attached Image
  • #181,882
  • Nov 9, 2009 11:41pm Nov 9, 2009 11:41pm
Quoting malcolmb14
did a big bank just go down or something ?


I cannot find any news any where that would drive this ....

anyone got any idea ?
no clue. but luckily my short target was hit
  • #181,883
  • Nov 9, 2009 11:42pm Nov 9, 2009 11:42pm
update i love it
Attached Image (click to enlarge)
Click to Enlarge Name: 15 gbp.gif Size: 11 KB
  • #181,884
  • Nov 9, 2009 11:44pm Nov 9, 2009 11:44pm
Quoting malcolmb14
what is going on ? anyone got any idea ?

....
Simple. The little oriental gal said.... "Ewww dat tight one!!!!"
And the ema's naturally had to explode. LOL
Dr. D.
  • #181,885
  • Nov 9, 2009 11:46pm Nov 9, 2009 11:46pm
Quoting Magix
According to my charts...

Gap filled!

Bounce/Stall line is 200ma on 30m...fwiw...
  • #181,886
  • Nov 9, 2009 11:48pm Nov 9, 2009 11:48pm
Quoting Magix
Wouldn't be looking for too long o hold there mal...

But thats just me mango, this is only the first wave.

maybe you are right on this one....

this move is really odd though

this is the biggest single 60 min candle of last 10 days including interest rate boe , us , adp and nfp , yet the volume is very low on down move

I smell shake out

will sit aside on this one till us session tomorrow. , took my 50 pip beating .... that is life , but I would lay $10 on it that we will be back where we started within 1 hour of London session starting

good luck out there
Blogging daily now at www.volume.zone
  • #181,887
  • Nov 9, 2009 11:48pm Nov 9, 2009 11:48pm
K, so here's what I am looking for...

What goes down, must come up, and then it can go down again.

I am looking for entry off of the 55 EMA on a 1m chart.

Again, FWIW...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #181,888
  • Nov 9, 2009 11:49pm Nov 9, 2009 11:49pm
Quoting malcolmb14
did a big bank just go down or something ?


I cannot find any news any where that would drive this ....

anyone got any idea ?

Might have something to do with the Kraft/Cadbury deal
  • #181,889
  • Nov 9, 2009 11:50pm Nov 9, 2009 11:50pm
Quoting malcolmb14
maybe you are right on this one....

this move is really odd though

this is the biggest single 60 min candle of last 10 days including interest rate boe , us , adp and nfp , yet the volume is very low on down move

I smell shake out

will sit aside on this one till us session tomorrow. , took my 50 pip beating .... that is life , but I would lay $10 on it that we will be back where we started within 1 hour of London session starting

good luck out there
I would be looking back at your MID November target there Mal.

Forecast not looking too badly.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #181,890
  • Nov 9, 2009 11:51pm Nov 9, 2009 11:51pm
lol

I did 33 trades in the span of 12 hours

Just went over all my trades, jeez.. Iv been glued since 7:30am EST, and its 1:00am.. and the only time I went out was to pick my son up from school with my wife.

I think I need to nap
lowest draw down possible please.
  • #181,891
  • Nov 9, 2009 11:52pm Nov 9, 2009 11:52pm
Quoting grashid

could you please explain what "gap filled" means?

Pardon me for my ignorance.
  • #181,892
  • Nov 9, 2009 11:53pm Nov 9, 2009 11:53pm
Quoting stewrigh
Might have something to do with the Kraft/Cadbury deal
Seems to be that comments by a rating agency (Fitch) that the UK may lose it AAA status sent risk appetite packing.
  • #181,893
  • Nov 9, 2009 11:53pm Nov 9, 2009 11:53pm
Quoting grashid
http://www.forexfactory.com/showpost...stcount=181700

Chart spoke everythings....

as what i mentioned in my US-London close yesterday...........

Congratulate for those who manage to get this 6630/40 target...

am done for this week after all close for 185X3...

wait for this week close to start my new setting.....

what is it with you mt4 chart guys and your gaps? lol

there was no gap ....your charting platforms just open 3 hours after the rest of the market

this looks to me like a rapid mark down to test demand .... a shake out of weak longs .....

aka tricks and games

Attached Image (click to enlarge)
Click to Enlarge Name: chart1128.png Size: 203 KB
Blogging daily now at www.volume.zone
  • #181,894
  • Nov 9, 2009 11:53pm Nov 9, 2009 11:53pm
Quoting jesperweber
Seems to be that comments by a rating agency (Fitch) that the UK may lose it AAA status sent risk appetite packing.

that is old news ..... as someone mentioned
Blogging daily now at www.volume.zone
  • #181,895
  • Nov 9, 2009 11:55pm Nov 9, 2009 11:55pm
holding my shorts still do we see a break of 66? Target the old 6420?
  • #181,896
  • Nov 9, 2009 11:56pm Nov 9, 2009 11:56pm
Quoting malcolmb14
what is it with you mt4 chart guys and your gaps? lol

there was no gap ....your charting platforms just open 3 hours after the rest of the market

this looks to me like a rapid mark down to test demand .... a shake out of weak longs .....

aka tricks and games

Attachment
Gap fill to us MT4 guys is like a FAKE BREAK OUT to you I guess.

Like leprechauns n unicorns, they are only there for those that want to see them.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #181,897
  • Nov 9, 2009 11:59pm Nov 9, 2009 11:59pm
Quoting malcolmb14
what is it with you mt4 chart guys and your gaps? lol

there was no gap ....your charting platforms just open 3 hours after the rest of the market

this looks to me like a rapid mark down to test demand .... a shake out of weak longs .....

aka tricks and games

Attachment
this is my fxpro chart posted yesterday and I saw it at H1...
also I did mentioned H1 already flip below gan where we need to lock 40-50 from 6810/15...

If someone wanna to take it for 100 go ahead..if somebody wanna go to this target lock it...

Go back to my post and i believe some of us did aware on this gap...

NFP GY gap and filled it in Monday Open
GU gap in Monday open then what?
offcause will close as well right?

Anyway I could be wrong ....cheers
  • #181,898
  • Nov 10, 2009 12:00am Nov 10, 2009 12:00am
People, on any timeframe with any pair, take 9 emas from 6 - 144 and stack them this tightly together and they will inevitably and invariably release with vigor. If you understood this principle you wouldn't be so surprised or scratching your heads in disbelief looking for some news worthy event. It is as natural in the markets as boiling water and watching the vapor rise in the physical sciences.

Just my observations.

Dr. D.
Attached Images
  • #181,899
  • Nov 10, 2009 12:02am Nov 10, 2009 12:02am
Malcolm, did you see my earlier post a few mins ago?

Quoting Jade Gate
The EUR/GBP cross (which controls traffic on GBP/USD) is in a classic cup n handle pattern (daily and weekly charts). This has been building for several weeks.

When the handle of the cup stays above the 50% retrace level, it tends to bounce very strongly north and keep going with speed to overtake the previous highs, that is, the Euro is (very likely) about to slaughter Cable.

Cable does not trade against the USD, but against the Euro, which is why watching the cross is vital.

May be best to avoid trying to catch the falling knife.

I'm...
  • #181,900
  • Nov 10, 2009 12:03am Nov 10, 2009 12:03am
Rumours that BIS are selling cable, i.e. buying up the EG cross.

Don't tangle with these guys.
243 traders viewing now, 1 is registered:
Marbas