Cable Update (GBPUSD) | Page 10825 | 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)

  • #216,481
  • Apr 13, 2010 1:53am Apr 13, 2010 1:53am
Quoting OldReigatian
Got a feeling London with take us up to the 15420 line and there she'll stop until the news at 9.30. I'm selfishly hoping it's sh*t news for the pound cos I'm going for a large short at 15420
if we go up, I reckon we will go up all the way brother... But thats just me!
@pawpaw1000 on Twitter
  • #216,482
  • Apr 13, 2010 1:53am Apr 13, 2010 1:53am
Quoting OldReigatian
Got a feeling London with take us up to the 15420 line and there she'll stop until the news at 9.30. I'm selfishly hoping it's sh*t news for the pound cos I'm going for a large short at 15420
mmmmm. Trade balance has always been negative. With the weak pound and increase in manufacturing, it might even be a tad smaller negative balance than usual which will be good news for Sterling!
  • #216,483
  • Apr 13, 2010 1:55am Apr 13, 2010 1:55am
Quoting pawpaw1000
if we go up, I reckon we will go up all the way brother... But thats just me!
If we see 15465, I will agree that we will continue the longer term uptrend as per my analysis last night!
  • #216,484
  • Apr 13, 2010 1:58am Apr 13, 2010 1:58am
I'm off to training! gl, see in 3 hours...
@pawpaw1000 on Twitter
  • #216,485
  • Apr 13, 2010 1:58am Apr 13, 2010 1:58am
Quoting pepper
Good day all
H&S on 30 min
Invalid, I think. The right shoulder is usually lower than the left shoulder for it to go down again as buyers are exhausted and that right shoulder is at least level if not a tad higher.
  • #216,486
  • Apr 13, 2010 1:59am Apr 13, 2010 1:59am
Quoting pawpaw1000
I'm off to training! gl, see in 3 hours...
Have fun and don't overexert yourself!
  • #216,487
  • Apr 13, 2010 2:00am Apr 13, 2010 2:00am
The next 30 mins will determine if we break through I think!
  • #216,488
  • Apr 13, 2010 2:00am Apr 13, 2010 2:00am
Quoting bbakker
If we see 15465, I will agree that we will continue the longer term uptrend as per my analysis last night!
You think we'll go up to yesterday's highs and above? Not convinced, but I think the fact I would be trading over the news is not a good idea. Short cancelled... long retained to 1.5420 (but will watch momentum and move if strong.) Save short for later.
  • #216,489
  • Apr 13, 2010 2:01am Apr 13, 2010 2:01am
exit 5364
  • #216,490
  • Apr 13, 2010 2:02am Apr 13, 2010 2:02am
I think I will goes for either down to 1.530 & up to 1.554.

If not... Now up to 1.554. Hope I am right.

M15 Chart
http://i39.tinypic.com/2rz5t0m.jpg

H1 Chart
http://i44.tinypic.com/2qbdjkj.jpg
Smile Chankl78
  • #216,491
  • Apr 13, 2010 2:02am Apr 13, 2010 2:02am
Quoting free4440273
exit 5364
see where it's headed and then short again
  • #216,492
  • Apr 13, 2010 2:02am Apr 13, 2010 2:02am
Quoting bbakker
The next 30 mins will determine if we break through I think!
EU rocketing!
  • #216,493
  • Apr 13, 2010 2:04am Apr 13, 2010 2:04am
Quoting OldReigatian
You think we'll go up to yesterday's highs and above? Not convinced, but I think the fact I would be trading over the news is not a good idea. Short cancelled... long retained to 1.5420 (but will watch momentum and move if strong.) Save short for later.
Long bear tails on the m15 candlesticks. Not looking good for the longs!
  • #216,494
  • Apr 13, 2010 2:05am Apr 13, 2010 2:05am
Quoting bbakker
Long bear tails on the m15 candlesticks. Not looking good for the longs!
  • #216,495
  • Apr 13, 2010 2:07am Apr 13, 2010 2:07am
eur/yen surging
  • #216,496
  • Apr 13, 2010 2:08am Apr 13, 2010 2:08am
Quoting bbakker
Long bear tails on the m15 candlesticks. Not looking good for the longs!
bb still not convinced. Not strong enough momentum. Would be at 50 by now if it was a convincing rally. Still think time for the up before the news
  • #216,497
  • Apr 13, 2010 2:11am Apr 13, 2010 2:11am
Quoting bbakker
Long bear tails on the m15 candlesticks. Not looking good for the longs!
Base on M30, price is retest on 50ema. Once over it 5380 still a break for it. Want to see over 54xx , 5380 is the way to pass 1st
  • #216,498
  • Apr 13, 2010 2:12am Apr 13, 2010 2:12am
Quoting OldReigatian
bb still not convinced. Not strong enough momentum. Would be at 50 by now if it was a convincing rally. Still think time for the up before the news
I should have never been in this fight in the 1st place! My order was too low at 95. Should have put it at 400! It literally touched it before coming back down again

Oh well, you live and learn from your mistakes and you never know what is around the corner. I am hanging in there with my SL below the 50% fib line!
  • #216,499
  • Apr 13, 2010 2:14am Apr 13, 2010 2:14am
Wishing green pips to you all!!!
  • #216,500
  • Apr 13, 2010 2:14am Apr 13, 2010 2:14am
Quoting bbakker
I should have never been in this fight in the 1st place! My order was too low at 95. Should have put it at 400! It literally touched it before coming back down again

Oh well, you live and learn from your mistakes and you never know what is around the corner. I am hanging in there with my SL below the 50% fib line!

Oh well off to the day job now. Good luck with it. It wouldnt surprise me if we both held our positions long enough we both come out on top with these trades.

Best of luck all
221 traders viewing now