Cable Update (GBPUSD) | Page 11005 | 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)

  • #220,081
  • Apr 21, 2010 4:16am Apr 21, 2010 4:16am
Quoting pivotrader
that's a good strategy if it goes there again
new 4 hour candle will give good insight
  • #220,082
  • Apr 21, 2010 4:20am Apr 21, 2010 4:20am
Quoting Faryad
wormie
hey bro
Thank You
  • #220,083
  • Apr 21, 2010 4:22am Apr 21, 2010 4:22am
Quoting wormboy
hey bro
yooo
  • #220,084
  • Apr 21, 2010 4:22am Apr 21, 2010 4:22am
Quoting Bull_Bear
I have just jump back in @ 1.3390 ...

Heres why...
nice one
hope that drop was bullshit lol
my stop is placed @3340.
Good luck to us!
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 19 KB
Thank You
  • #220,085
  • Apr 21, 2010 4:24am Apr 21, 2010 4:24am
Got a 1 hr Evening Star, a reversal formation on the 1 hr is nothing to get excited about since it is against the trend, However, Its up against the 4 hr DTL and that is significant. I am expecting a possible move back to the 5300 area. But news is due out, keep that in mind. Looking for a possible Harami on the 4 hr. I am hedging this one and will begin to buy if we move past M2 weekly midpivot at 5362.

Jim
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 42 KB
  • #220,086
  • Apr 21, 2010 4:27am Apr 21, 2010 4:27am
Quoting Nene
Got a 1 hr Evening Star, a reversal formation on the 1 hr is nothing to get excited about since it is against the trend, However, Its up against the 4 hr DTL and that is significant. I am expecting a possible move back to the 5300 area. But news is due out, keep that in mind. Looking for a possible Harami on the 4 hr. I am hedging this one and will begin to buy if we move past M2 weekly midpivot at 5362.

Jim
so true, but I've got my fingers crossed that since the previous 4hr candle closed above the trendline, further northward move may be in the cards.
"The real genius is knowing when to stop." - Marc Faber
  • #220,087
  • Apr 21, 2010 4:34am Apr 21, 2010 4:34am
Quoting wormboy
nice one
hope that drop was bullshit lol
my stop is placed @3340.
Good luck to us!
Hope your divergence kicks in cos the bitch is showing weakness across the board
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #220,088
  • Apr 21, 2010 4:35am Apr 21, 2010 4:35am
Oh, there is no doubt we are going further North, nut the market does not move in a straight line, and I depend on that.

Jim

Quoting hhitch
so true, but I've got my fingers crossed that since the previous 4hr candle closed above the trendline, further northward move may be in the cards.
  • #220,089
  • Apr 21, 2010 4:37am Apr 21, 2010 4:37am
Quoting Bull_Bear
I have just jump back in @ 1.3390 ...

Heres why...
This is what i see happening but i might be wrong

Attached Image (click to enlarge)
Click to Enlarge Name: 4h gbp eur 21 april 2010.gif Size: 31 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 4h gbp usd 21 april 2010.gif Size: 32 KB
  • #220,090
  • Apr 21, 2010 4:39am Apr 21, 2010 4:39am
Quoting OldReigatian

By the way, keep an eye on EG today. If it tips the .8685 mark start buying up from there.

just reached the area. May i ask for your reasons?


A chart maybe? i personally expect a bounced back up into the last 15 days range.

cheers
  • #220,091
  • Apr 21, 2010 4:43am Apr 21, 2010 4:43am
Quoting Hansie
This is what i see happening but i might be wrong

Attachment

Attachment
H, good post mate ... its very possible given the wide spread weakness
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #220,092
  • Apr 21, 2010 4:47am Apr 21, 2010 4:47am
There are no brainers when trading against the trend. Thats why I like to buy against it.

Quoting hhitch
so true, but I've got my fingers crossed that since the previous 4hr candle closed above the trendline, further northward move may be in the cards.
  • #220,093
  • Apr 21, 2010 4:49am Apr 21, 2010 4:49am
Hi all here is an extract that you may all find interesting it was originally posted on Money Week Blog by Tom Bulford.

http://www.moneyweek.com/investment-...ion-01607.aspx

In 1981 the New Yorker magazine published a cartoon. It showed a man watching the evening news on television. Here is what the newsreader was saying:
"On Wall Street today, news of lower interest rates sent the stock market up, but then the expectation that those rates would be inflationary sent the market down, until the realisation that the lower rates might stimulate the sluggish economy pushed the market up, before it ultimately went down on fears that an overheated economy would lead to a re-imposition of higher interest rates."

That may be what you are seeing following the news this morning!!!!
  • #220,094
  • Apr 21, 2010 4:50am Apr 21, 2010 4:50am
Quoting Bull_Bear
Hope your divergence kicks in cos the bitch is showing weakness across the board

lol yea that was pretty fast .. back up again
Thank You
  • #220,095
  • Apr 21, 2010 4:50am Apr 21, 2010 4:50am
Quoting Bull_Bear
Hope your divergence kicks in cos the bitch is showing weakness across the board
Soon....

http://www.forexfactory.com/showpost...postcount=1214
Ghost Rider - WWTBMD?
  • #220,096
  • Apr 21, 2010 4:51am Apr 21, 2010 4:51am
Quoting Bull_Bear
I have just jump back in @ 1.3390 ...

Heres why...
Quickest trade i have ever made....

Closed @ 1.3370

Don't like the across the board weakness

see you a bit lower down wormie
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #220,097
  • Apr 21, 2010 4:52am Apr 21, 2010 4:52am
Quoting Bull_Bear

see you a bit lower down wormie
I hope not.
Thank You
  • #220,098
  • Apr 21, 2010 5:01am Apr 21, 2010 5:01am
starting my buying spree now, nice spinner
  • #220,099
  • Apr 21, 2010 5:02am Apr 21, 2010 5:02am
Quoting wormboy
I hope not.
This chart, I give credit to Hanise... 1.3305 is a big possibility
Attached Image (click to enlarge)
Click to Enlarge Name: EUR.JPG Size: 116 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #220,100
  • Apr 21, 2010 5:04am Apr 21, 2010 5:04am
Quoting Bull_Bear
H, good post mate ... its very possible given the wide spread weakness

Still working on the confidence to post more regular
421 traders viewing now