Cable Update (GBPUSD) | Page 9177 | 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)

  • #183,521
  • Nov 17, 2009 7:03pm Nov 17, 2009 7:03pm
Quoting malcolmb14
nothing wrong with it I use a hulls moving average , setting of 20 is like a 8 and 4 moving average cross over

on a daily when price is above above , look for longs only on smaller time frames like 15 min , opposite for shorts ...

now remind me why I am short ? lol price is above hulls moving average on daily

Attachment
hi Malc

I am using a hull moving average too but a setting of 20 period does not look like mine on a daily chart - is it maybe because your daily candle closes at a different time? Mine close at 5 PM EST
  • #183,522
  • Nov 17, 2009 7:10pm Nov 17, 2009 7:10pm
Quoting malcolmb14
bet they are watching you post as you type it .. they will be hawkish just to play with you ....

as i said in my last post i maybe wrong

but i am still short
well Mr.Market is always right


simple chart is posted
Attached Image (click to enlarge)
Click to Enlarge Name: gbp daily.gif Size: 22 KB
Don't compare your Trades with Others
  • #183,523
  • Nov 17, 2009 7:56pm Nov 17, 2009 7:56pm
Quoting DubaiFX
as i said in my last post i maybe wrong

but i am still short
well Mr.Market is always right


simple chart is posted

4 hour chart .. under the hma ... rsx curled down ... now if they hunt me down and stop me out i will be mad as hell lol

Attached Image (click to enlarge)
Click to Enlarge Name: chart04b.gif Size: 20 KB
Blogging daily now at www.volume.zone
  • #183,524
  • Nov 17, 2009 7:59pm Nov 17, 2009 7:59pm
I am short too but that DOW just wont lay down and die so it worries me - but does the DOW follow the USD or vice versa

As the Forex mkt is x times larger, I guess us guys set the scene ?

euro is sick as a parrot
  • #183,525
  • Nov 17, 2009 8:04pm Nov 17, 2009 8:04pm
My thoughts
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 147 KB
Click to Enlarge Name: 2.jpg Size: 150 KB
  • #183,526
  • Edited 8:13pm Nov 17, 2009 8:10pm | Edited 8:13pm
Cable: Sovereign bids at 1.6690 and 1.6630, heavy offers anticipated around 1.7000.
http://www.forexlive.com/65701/all/q...-order-books-4

I am pending short and pending long...
See chart...

For Information purpose only..
sell stop GBPUSD at 1.6765 tp: 1.6640
buy limit GBPUSD at 1.6640
Attached Image
ABCD..
  • #183,527
  • Nov 17, 2009 9:19pm Nov 17, 2009 9:19pm
Quoting allserene
I am short too but that DOW just wont lay down and die so it worries me - but does the DOW follow the USD or vice versa

As the Forex mkt is x times larger, I guess us guys set the scene ?

euro is sick as a parrot
the DOW will never die
  • #183,528
  • Nov 17, 2009 9:40pm Nov 17, 2009 9:40pm
Quoting sed34
the DOW will never die
It was a bit poorly last year at 6600

I think it will continue up to 11000 before all the suckers are judged to be on board

like when it went to 14000

long live tight stop losses
  • #183,529
  • Nov 17, 2009 9:58pm Nov 17, 2009 9:58pm
The chart look for a top but Since the resistance from weekly r1 pivot push price back to the mid point and did provide good support so far and the guppy long still intact in is trend actualy we are in a buy zone according to the Guppy long, so my bet is for more upside to come before a bearish trend starting to the hig of the day and to wr2 1.70
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 60M 091117.png Size: 59 KB
  • #183,530
  • Nov 17, 2009 10:27pm Nov 17, 2009 10:27pm
Quoting grashid
Welcome 1.6640/50...perhaps today will close below 6740 and ...mmm

Come on GU...just +137buck atm the worst ever trade so far this year..damm it.

Catch you guys later in asian....Take care
come baby come.....gimme some green pips....still far away from my weekly target atm
  • #183,531
  • Nov 17, 2009 10:30pm Nov 17, 2009 10:30pm
Quote
come baby come.....gimme some green pips....still far away from my weekly target http://cdn.forexfactory.com/images/s...m/big_grin.gifhttp://cdn.forexfactory.com/images/smilies/peace.gif

I agree..no pips coming here for bears. Bulls are quite strong for last 12 hours.

I am thinking to exit the g/u short position at break even so to use blocked funds in other pairs which are not in congestion zone.
  • #183,532
  • Nov 17, 2009 10:36pm Nov 17, 2009 10:36pm
Quoting kingfisher
I agree..no pips coming here for bears. Bulls are quite strong for last 12 hours.

I am thinking to exit the g/u short position at break even so to use blocked funds in other pairs which are not in congestion zone.
IMO, couldn't look much better for the bears, for right now that is...

Target zone on chart, just not going to get there in the next 5 mins, is all..
Attached Image (click to enlarge)
Click to Enlarge Name: bear.JPG Size: 116 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #183,533
  • Nov 17, 2009 10:50pm Nov 17, 2009 10:50pm
Quoting Magix
IMO, couldn't look much better for the bears, for right now that is...

Target zone on chart, just not going to get there in the next 5 mins, is all..
aik..change ur mind ?
  • #183,534
  • Nov 17, 2009 10:53pm Nov 17, 2009 10:53pm
Quoting grashid
aik..change ur mind ?
Nope...a Grand move northside might...but would still have to close above the 24SMA on the hourly to really get my attention.

Just scalping southside, have made a few bucks...waiting for opportunity...This is the hour to not be in a trade...everynight..same time...zzzzzzzzzzzzzzz
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #183,535
  • Nov 17, 2009 10:55pm Nov 17, 2009 10:55pm
Quoting kingfisher
I agree..no pips coming here for bears. Bulls are quite strong for last 12 hours.

I am thinking to exit the g/u short position at break even so to use blocked funds in other pairs which are not in congestion zone.
what you think of this ? GU bullish?..let see what happen..the higher GU go no matter what....from 8 entry atm i may double it up soon....
Attached Image (click to enlarge)
Click to Enlarge Name: 9.JPG Size: 66 KB
  • #183,536
  • Nov 17, 2009 10:57pm Nov 17, 2009 10:57pm
Quoting Magix
Nope...a Grand move northside might...but would still have to close above the 24SMA on the hourly to really get my attention.

Just scalping southside, have made a few bucks...waiting for opportunity...This is the hour to not be in a trade...everynight..same time...zzzzzzzzzzzzzzz
..ok mate let it dance for a while ..catch u later in london....
going for my lunch
  • #183,537
  • Edited 11:24pm Nov 17, 2009 11:02pm | Edited 11:24pm
Quoting grashid
what you think of this ? GU bullish?..let see what happen..the higher GU go no matter what....from 8 entry atm i may double it up soon....
Right now we are directional favoring bears. Below the 24SMA on the hourly, still says we got room to move, confirmation with 4hr OSMA just taking on a negative place....Even if that doesn't hold, a correction on the 4 is imminent, and targeted zone, based on statistical prob and chart says 1.672x.

Guess I should add...Play your charts for what you see in them...I could be wrong...
Attached Image (click to enlarge)
Click to Enlarge Name: amb1.JPG Size: 90 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #183,538
  • Nov 17, 2009 11:28pm Nov 17, 2009 11:28pm
If this 6806 area can hold on the 5M, looks like it will at this point, then the next leg down should be to my first target area 6755 briefly until news and then to target 2
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 154 KB
  • #183,539
  • Nov 17, 2009 11:49pm Nov 17, 2009 11:49pm
Quoting malcolmb14
nothing wrong with it I use a hulls moving average , setting of 20 is like a 8 and 4 moving average cross over

on a daily when price is above above , look for longs only on smaller time frames like 15 min , opposite for shorts ...

now remind me why I am short ? lol price is above hulls moving average on daily

Attachment
Hehehe, It might down a little bit or maybe not . When i say a little bit i mean a little bit on weekly chart, my choice of timeframe which might be boring for many people in this forum but giving me plenty of time to take a look on other 6 major pair and 4 major crosses
  • #183,540
  • Nov 17, 2009 11:58pm Nov 17, 2009 11:58pm
from weekly chart view, other 6 major pairs is on extremely bullish mode. Take a look on AUD/USD or NZD/USD, maybe they're going to form V shape recovery on weekly chart without retracement soon. EUR/USD going to form ugly W shape recovery.
But my fave pair GBP/USD lagging behind the other pairs. I just need more time to relax. The time will come when they correlate once again
445 traders viewing now, 1 is registered: