Cable Update (GBPUSD) | Page 11078 | 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)

  • #221,541
  • Apr 27, 2010 1:50am Apr 27, 2010 1:50am
Also, the volume seems to dry up on the upbars.
To me, this is a sure indication that the smart money is watching the herd buy that hammer and then will get ready to dump the longs. If the volume is low and the spread of the bar is more than the last bar, then I would say its a "pump and dump situation"

Looks like its having another go at that support line.

Lets see as always

Dazzer
  • #221,542
  • Apr 27, 2010 1:51am Apr 27, 2010 1:51am
Quoting dag777
Ohh, sorry for that, new day new opportunities
get the greenys today
Plenty of new opportunities! I am watching to see the 24ma cross the 200ma on m15. If it does happen, I can see us going down! Just my 2 pennies!
  • #221,543
  • Apr 27, 2010 1:52am Apr 27, 2010 1:52am


Quoting forexlion
  • #221,544
  • Apr 27, 2010 1:53am Apr 27, 2010 1:53am
good morning all

bail or not greece or portogal whats going on cable is stuck in a range

eur last night spike to a new highs came back still have some sh;;t its a

matter of still 200 is holding in 15 i guess not hope not


voodoo boodoo
Attached Image (click to enlarge)
Click to Enlarge Name: 15m cable n.gif Size: 22 KB
  • #221,545
  • Edited 1:54am Apr 27, 2010 1:53am | Edited 1:54am
PA stalling as of yet, I am doubting it will go too far, But you never know. This area seems to bee of buying interest... I am looking for entry and likely going to get long around these areas if my order is not hit.

7 minutes to go.

Quoting OldReigatian
cant imagine it will break 5420 until news earliest IMHO
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #221,546
  • Apr 27, 2010 1:53am Apr 27, 2010 1:53am
Quoting forexlion
At least I have one, unlike some other poor delusional idiot whose idea of a girlfriend is a line on a chart, probably the closest you will ever get to a woman. Ha ha.
  • #221,547
  • Apr 27, 2010 1:53am Apr 27, 2010 1:53am
Great stuff Magix, just great. will take a little time to wrap brain around, but I'll be putting in some effort to do so. thanks again.
h.

Quoting Magix
FWIW....

And a little side note. If you only pulled up a 5m chart and worked triggers off of this, you will find that there are approx 5-7 triggers per week off of this chart averaging 40 pips gain from the 24SMA.

Do the math. If you find yourself sitting in the shiznit for a good part of the week, try to exercise a little patience, watch and wait and take the trigger on 5.

At a mere 5 plays, avg 40 pips, 200 gains.

Do this a couple weeks in a row and see how your account can grow.
"The real genius is knowing when to stop." - Marc Faber
  • #221,548
  • Apr 27, 2010 1:54am Apr 27, 2010 1:54am
Down.... buwhahahahaha!
  • #221,549
  • Apr 27, 2010 1:56am Apr 27, 2010 1:56am
1BB how are bro

sorry for the stop the market still here u will get the b;;;;;;;;;;;h
  • #221,550
  • Apr 27, 2010 1:59am Apr 27, 2010 1:59am
Quoting kill56
1BB how are bro

sorry for the stop the market still here u will get the b;;;;;;;;;;;h
Sheeeeeet happens... and I am back in and looking green already
  • #221,551
  • Apr 27, 2010 1:59am Apr 27, 2010 1:59am
I reckon the close of this M30 bar is important. The market always moves before the news as well and if the smart money expects higher prices, then they will push this down until then.

Dazzer


PS the smart money already know the figures, lets not pretend that this business is fair.
  • #221,552
  • Apr 27, 2010 2:02am Apr 27, 2010 2:02am
its magic a cross in top and a break below

vopdoo boodoo
Attached Image (click to enlarge)
Click to Enlarge Name: 15m cable n.gif Size: 21 KB
  • #221,553
  • Apr 27, 2010 2:02am Apr 27, 2010 2:02am
Took a long at 1.5420..

TP at 1.5480/5500....

SL at 1.5370...

Looking to test 5500 again..
  • #221,554
  • Apr 27, 2010 2:04am Apr 27, 2010 2:04am
Fibre forming nice Upside bar on H1 - Cable seems to be following.

The cable PA is so choppy at times I have begun to prefer H1 Charts for monitoring - charting - and brief outlook into past.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #221,555
  • Apr 27, 2010 2:14am Apr 27, 2010 2:14am
Quoting kill56
its magic a cross in top and a break below

vopdoo boodoo
Good Morning kill,

is this the latest version of Magix“s voodoo boodoo, or is it still camarilladt7v1?
  • #221,556
  • Apr 27, 2010 2:15am Apr 27, 2010 2:15am
Quoting bbakker
Sheeeeeet happens... and I am back in and looking green already
you trying wht we talked about earlier B ? If so there is a weekly level at 1.5404 , just to make you aware of it
  • #221,557
  • Apr 27, 2010 2:15am Apr 27, 2010 2:15am
Quoting XTrade
Fibre forming nice Upside bar on H1 - Cable seems to be following.

The cable PA is so choppy at times I have begun to prefer H1 Charts for monitoring - charting - and brief outlook into past.

look at this bro eur gbp
Attached Image (click to enlarge)
Click to Enlarge Name: eur gbp d.gif Size: 19 KB
  • #221,558
  • Apr 27, 2010 2:15am Apr 27, 2010 2:15am
1.54 doesn't offer huge support from looking back.

Will we smash it and cash in before 9:00am????

Hope so. TP no 1 at 1.5395.

Lets see

Good luck everyone

Dazzer
  • #221,559
  • Apr 27, 2010 2:16am Apr 27, 2010 2:16am
Quoting dag777
Good Morning kill,

is this the latest version of Magix“s voodoo boodoo, or is it still camarilladt7v1?
yes its the new voodoo with camar
  • #221,560
  • Apr 27, 2010 2:17am Apr 27, 2010 2:17am
I would like to thank both Magix and Digger for their huge efforts and their willingness to support me as a newbie. I certainly recommend any newbie to follow their posts as you will learn! These are two great guys and what the Forum Factory was intended for... to help others, unlike some other people on this thread. You know who you are!

If you have any questions regarding the voodoo boodoo system, please do not hesitate to PM me and I will try to answer them as best possible. I will consult if need be.

GL with your trading and most of all enjoy it!

P.S. Dr D. better known as Doc also deserves a noteable mention. I have made some great friends here!
405 traders viewing now, 1 is registered:
saidi01