Cable Update (GBPUSD) | Page 12131 | 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)

  • #242,601
  • Aug 3, 2010 4:17am Aug 3, 2010 4:17am
nice pinbar on M15
  • #242,602
  • Aug 3, 2010 4:18am Aug 3, 2010 4:18am
Quoting meromar
Next to price will happen another price or the same price or a gap. The question is what will happen next hour
I don't know what will happen in an hour's time.

My stop is at 1.5940 and I just wait and see what happens.
  • #242,603
  • Aug 3, 2010 4:18am Aug 3, 2010 4:18am
Quoting alesiom
Hi,
I think that we may have a huge correction on the cable today.
Below 1,5750 is possible.
The market doesn't care what we think or feel...why do you 'think' that, what are your technical/fundamental reasons ?? Has your trading edge 'set-up' indicating a short ?
ex member
  • #242,604
  • Aug 3, 2010 4:23am Aug 3, 2010 4:23am
Quoting subterfuge
long again 1.5906
Me as well, perfomed bullish again on M5 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #242,605
  • Aug 3, 2010 4:24am Aug 3, 2010 4:24am
Quoting bbmac
The market doesn't care what we think or feel...why do you 'think' that, what are your technical/fundamental reasons ?? Has your trading edge 'set-up' indicating a short ?
The cable has posted a 800 pips move without decline.
The fondamental news of this morning will help us.

1,5930 now. Good time to sell in my own opinion. But I may be wrong.
  • #242,606
  • Aug 3, 2010 4:26am Aug 3, 2010 4:26am
Quoting Arnold49
nice pinbar on M15
And with hidden divergence set-up on both 5 and 15min and look where it set-up on 1hr -potential rbs ....had to be a hi-probability play...for at least a relief rally if there is to be selling above 5920...?

G/L
Attached Image
ex member
  • #242,607
  • Aug 3, 2010 4:26am Aug 3, 2010 4:26am
Quoting alesiom
The cable has posted a 800 pips move without decline.
The fondamental news of this morning will help us.

1,5930 now. Good time to sell in my own opinion. But I may be wrong.
Thx
ex member
  • #242,608
  • Aug 3, 2010 4:31am Aug 3, 2010 4:31am
Quoting subterfuge
long again 1.5906
Closing that here for +23
still holding the original long
  • #242,609
  • Aug 3, 2010 4:33am Aug 3, 2010 4:33am
A small H&S is developing but will have to clear the 4H TL under it.
  • #242,610
  • Aug 3, 2010 4:35am Aug 3, 2010 4:35am
Great 1004am 1min bullish regular div set-up at the pullback lo but waited for the 15min bullish hidden div candle close which co-existed with a 5min bullish engulf close giving a 1015 entry...not waiting for a possible 'with trend' follow thru...have exited for a small target gain.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: 1015 15min reentry 4.gif Size: 19 KB
Attached Image
ex member
  • #242,611
  • Aug 3, 2010 4:36am Aug 3, 2010 4:36am
head and shoulder on the 5min chart
  • #242,612
  • Aug 3, 2010 4:41am Aug 3, 2010 4:41am
moved to B/E
  • #242,613
  • Aug 3, 2010 4:47am Aug 3, 2010 4:47am
Quoting grashid
i am on..
will lock my profit once M15 close and open a new bar.. will watch 1.5866 clear, then i will holding this position to step by step profit taking at 1.5080, 1.5755 to 1.57080 then stop and looking for my long towards 1.64 area..

good luck all and c u this thursday

chow

g
  • #242,614
  • Aug 3, 2010 4:50am Aug 3, 2010 4:50am
Quoting Arnold49
moved to B/E

Well done and good luck...in exiting 'early' i was trading 'what I thought' noit what I was see-ing, - lol!! Note to self: 'Don't be such a fuckwit ' Lol !!!
ex member
  • #242,615
  • Aug 3, 2010 4:55am Aug 3, 2010 4:55am
There's a lot of bottom pickers here...

I have a question if you guys don't mind...

How many of you guys were there in 2008 trying to catch the bottom ?

I bet not many because they have gone belly up
It's all about your stomach lining...
  • #242,616
  • Aug 3, 2010 4:55am Aug 3, 2010 4:55am
Head and shoulders on the M5, plus bearish divergence. A little nervous about going against such an incredible uptrend, but it looks to me like it might retrace a little today, which probably means it will fly through the roof lol!!
  • #242,617
  • Aug 3, 2010 4:56am Aug 3, 2010 4:56am
Quoting patmarch
There's a lot of bottom pickers here...

I have a question if you guys don't mind...

How many of you guys were there in 2008 trying to catch the bottom ?

I bet not many because they have gone belly up
We are top pickers here, not bottom!
  • #242,618
  • Aug 3, 2010 4:57am Aug 3, 2010 4:57am
Quoting bbmac
Well done and good luck...in exiting 'early' i was trading 'what I thought' noit what I was see-ing, - lol!! Note to self: 'Don't be such a fuckwit ' Lol !!!
as long as you are in profit...

I might get stopped at B/E yet!
  • #242,619
  • Aug 3, 2010 4:58am Aug 3, 2010 4:58am
Quoting patmarch
There's a lot of bottom pickers here...

I have a question if you guys don't mind...

How many of you guys were there in 2008 trying to catch the bottom ?

I bet not many because they have gone belly up
Bottom picking in an uptrend is easier than top picking, conversely top picking in a downtrend such as the move down to 2009's 3505 lo is easier than picking a bottom - Lol !! Ie buy the dips/sell the rallys, is overall a higher probability startegy than sell the tops/buy the bottoms...It all depends where you buy the bottoms and sell the tops of course...
ex member
  • #242,620
  • Aug 3, 2010 4:59am Aug 3, 2010 4:59am
Quoting Arnold49
as long as you are in profit...

I might get stopped at B/E yet!
I read somewhere that no-one ever got sacked for booking profit, but I take it to the extreme - lol !!
ex member
188 traders viewing now, 1 is registered:
lina26