Cable Update (GBPUSD) | Page 9843 | 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)

  • #196,841
  • Jan 29, 2010 1:29am Jan 29, 2010 1:29am
Quoting roreki
Can u explain why u entered long ?
just want to learn
if u have time to explain it would be so nice from u
People have all kinds of different reasons why they enter a trade. Some look for fundamental qualities to enter trades. Some try to play the news. Most try to trade the charts. If you look at the Daily chart and 4H chart whe have been in a sideways channel for 6 days now. PA has not broken either the support or resistance as is shown by the triangle on the daily and my square on the 4H. We are currently at the bottom of this channel. People are riding the horse until it bucks. Once it breaks and enters a trend, you have to trade differently.

Not everything works all the time in the forex. What works today may not work tomorrow. You constantly have to reanalyze and refocus on the current situation.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 4 hour.jpg Size: 124 KB
Click to Enlarge Name: daily.jpg Size: 136 KB
  • #196,842
  • Jan 29, 2010 1:30am Jan 29, 2010 1:30am
Quoting roreki
Can u explain why u entered long ?
just want to learn
if u have time to explain it would be so nice from u
i just see a resistance that hasn't been hit yet to be tested/among lots other things.hey it may fall 200 pips.Who knows.I know there is support below with some trendlines under also.So a break of those and I may think different.I trade small timeframes so I may change my trade long to short and short to long at any given time
  • #196,843
  • Jan 29, 2010 1:31am Jan 29, 2010 1:31am
then i'll short at 4:30 am est not explaining that 1
  • #196,844
  • Jan 29, 2010 1:32am Jan 29, 2010 1:32am
Quoting Fly2
then i'll short at 4:30 am est not explaining that 1
I'll be in at 4:28:42 EST.
  • #196,845
  • Jan 29, 2010 1:38am Jan 29, 2010 1:38am
Quoting Ctic
I'll be in at 4:28:42 EST.
haha you see my post yesterday bout that?been good for 100-200 pips
so far anyway
  • #196,846
  • Jan 29, 2010 1:39am Jan 29, 2010 1:39am
Quoting Fly2
haha you see my post yesterday bout that?been good for 100-200 pips
so far anyway
Like I always say, trade the trend. If that has been the current trend, don't alter until she bucks you. The 8 oclock pinbar, I'll buy it. lol
  • #196,847
  • Jan 29, 2010 1:48am Jan 29, 2010 1:48am
Quoting Ctic
Like I always say, trade the trend. If that has been the current trend, don't alter until she bucks you. The 8 oclock pinbar, I'll buy it. lol
  • #196,848
  • Jan 29, 2010 1:51am Jan 29, 2010 1:51am
Quoting Ctic
Like I always say, trade the trend. If that has been the current trend, don't alter until she bucks you. The 8 oclock pinbar, I'll buy it. lol

Hi,

How does the 8 oclock pinbar works?
  • #196,849
  • Jan 29, 2010 1:53am Jan 29, 2010 1:53am
fib on 15 tells me 149-- 171 /206 are next/and i have a trendline around the 150 area
  • #196,850
  • Jan 29, 2010 1:54am Jan 29, 2010 1:54am
Quoting Zhisiong86
Hi,

How does the 8 oclock pinbar works?
most likely luck right now
  • #196,851
  • Jan 29, 2010 1:54am Jan 29, 2010 1:54am
Quoting Zhisiong86
Hi,

How does the 8 oclock pinbar works?
Ask Fly, it's his magic charts..
  • #196,852
  • Jan 29, 2010 1:58am Jan 29, 2010 1:58am
Want to witness the affects of love, inspiration and goodness...

I just watched the DVD documentary on Muhammed Ali, from
the very men he fought who gave him their praise and honor,
"Facing Ali".

A touching film that will bring a heartfelt tear...

Dr. D.
  • #196,853
  • Jan 29, 2010 2:12am Jan 29, 2010 2:12am
That's what I was waiting for. Set Trailin SL. Good night all.
  • #196,854
  • Jan 29, 2010 2:15am Jan 29, 2010 2:15am
Quoting Fly2
fib on 15 tells me 149-- 171 /206 are next/and i have a trendline around the 150 area
bang! now who said fibs don't work on smaller timeframes?
  • #196,855
  • Jan 29, 2010 2:18am Jan 29, 2010 2:18am
Damnit!

I missed that, now waiting for a pullback...

I always seem to miss the innitial explosion! haha!
  • #196,856
  • Jan 29, 2010 2:21am Jan 29, 2010 2:21am
we hit pivot so maybe down for some here to 50/42
  • #196,857
  • Jan 29, 2010 2:22am Jan 29, 2010 2:22am
Lets see if GU can stay above daily pivot.
  • #196,858
  • Jan 29, 2010 2:23am Jan 29, 2010 2:23am
I fear its going to be one of those moves that never really pulls back and I end up sitting on the side lines and watching all the potential pips go flying right past me!
  • #196,859
  • Jan 29, 2010 2:27am Jan 29, 2010 2:27am
Quoting antic81
I fear its going to be one of those moves that never really pulls back and I end up sitting on the side lines and watching all the potential pips go flying right past me!
What exactly are you anticipating ?
  • #196,860
  • Jan 29, 2010 2:31am Jan 29, 2010 2:31am
I heard an Internal news that USD will has a big MOVE UP today. Before that Uncle Sam and the FED will press it a little bit down, to make it bounce stronglier. I don't know whether this news is exact or not, but it's worth considering. So fasten your seatbell, both side traders. I'm still stay aside and watch
1,115 traders viewing now, 3 are registered:
Arnold49
,
,
Price369