Cable Update (GBPUSD) | Page 9318 | 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)

  • #186,341
  • Dec 8, 2009 1:57am Dec 8, 2009 1:57am
Quoting thetruthspy
1.6326 will be my favor level to watch for reverse to start...
too early to go long?
i'm waiting for 1.6300 level
  • #186,342
  • Dec 8, 2009 1:59am Dec 8, 2009 1:59am
Quoting cphcphcph
too early to go long?
i'm waiting for 1.6300 level
you maybe right...
since usdx already break pivot and also seems like Resistence 1 will be break soon..
  • #186,343
  • Dec 8, 2009 2:01am Dec 8, 2009 2:01am
Quoting cphcphcph
too early to go long?
i'm waiting for 1.6300 level
Well actuslly 6300/25 is the area and you just have to watch the PA first to confirm like candle stick formation or the break of UTL. It very well go all the way down to 6270
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #186,344
  • Dec 8, 2009 2:02am Dec 8, 2009 2:02am
Weekly S1 @ 6330 is very strong..let c if the bear could win..
Patience + Discipline =
  • #186,345
  • Dec 8, 2009 2:03am Dec 8, 2009 2:03am
Quoting forexlion
Thats my Lion.. haha
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #186,346
  • Dec 8, 2009 2:14am Dec 8, 2009 2:14am
I ventured to reverse 16338 ....
tp 16340...
  • #186,347
  • Dec 8, 2009 2:16am Dec 8, 2009 2:16am
Quoting Jemmy
Weekly S1 @ 6330 is very strong..let c if the bear could win..
Price play in the my rectangle right now...
let see which side will break...
Attached Image (click to enlarge)
Click to Enlarge Name: GU.jpg Size: 173 KB
  • #186,348
  • Dec 8, 2009 2:22am Dec 8, 2009 2:22am
Nice Head & Shoulder
Attached Image (click to enlarge)
Click to Enlarge Name: usd.gif Size: 14 KB
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #186,349
  • Dec 8, 2009 2:30am Dec 8, 2009 2:30am
Quoting thetruthspy
Price play in the my rectangle right now...
let see which side will break...
IF double bottom confirmed then.... ? any body see ... Dow Jones also ?
  • #186,350
  • Dec 8, 2009 2:33am Dec 8, 2009 2:33am
the cable is starting to pivot
  • #186,351
  • Dec 8, 2009 2:43am Dec 8, 2009 2:43am
Looks like a reversal developing.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 64 KB
  • #186,352
  • Dec 8, 2009 2:43am Dec 8, 2009 2:43am
took a gamble n avg down at 1.6330 just now...turns out nicely as managed to close all at 1.6380 just only.... Now staying sidelines b4 the figures are out. Cheers.
  • #186,353
  • Dec 8, 2009 2:46am Dec 8, 2009 2:46am
news of Chinese bid gbp at 1.636
  • #186,354
  • Dec 8, 2009 2:47am Dec 8, 2009 2:47am
took short at 6378, sl 15 pips, if this hold it could go down some more, if not we are going back to 6520. Probably there will be no direction till news, i hope they'll be pretty bad ones and we brake lower
  • #186,355
  • Dec 8, 2009 2:50am Dec 8, 2009 2:50am
cable congestion in the area in 6370
  • #186,356
  • Dec 8, 2009 2:50am Dec 8, 2009 2:50am
there are news coming soon for GBP category high impact..does anyone knows what is the news favor to?
Patience + Discipline =
  • #186,357
  • Dec 8, 2009 2:51am Dec 8, 2009 2:51am
Quoting Endrju
took short at 6378, sl 15 pips, if this hold it could go down some more, if not we are going back to 6520. Probably there will be no direction till news, i hope they'll be pretty bad ones and we brake lower
I'm with ya... looking to short as well but waiting for new before entering.
  • #186,358
  • Dec 8, 2009 2:55am Dec 8, 2009 2:55am
6360 is a critical point
  • #186,359
  • Dec 8, 2009 2:56am Dec 8, 2009 2:56am
Quoting Magix
Was just wondering if you seen chart support, or a reason to go long against a 60 pip down candle is all...
I went long, too. Exactly at the minute, when this Hourly began. So for me that long is not surprising.

BUT! For me it was just a scalp for couple of easy pips, without target. I am already out.

My sentiment remained very bearish, as I mentioned it some times since the end of last week.
  • #186,360
  • Dec 8, 2009 3:03am Dec 8, 2009 3:03am
Wow. Halifax House Price Index not just better than expected, but better than previous result, too.
461 traders viewing now, 1 is registered:
lafemo