Cable Update (GBPUSD) | Page 12147 | 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)

  • #242,921
  • Aug 4, 2010 12:24am Aug 4, 2010 12:24am
Good morning guys!
How about this: I putted my sell limits on 1.6027
http://4.bp.blogspot.com/_LbKfbdL8RY...0%BD%D1%82.gif
  • #242,922
  • Aug 4, 2010 12:30am Aug 4, 2010 12:30am
gbp keeps going down but on very low volume, nothing much to do about it
Now let's wait for halifax...hoping the news will be better than expected...30mn to go
COT: The precious data ignored
  • #242,923
  • Aug 4, 2010 12:35am Aug 4, 2010 12:35am
Quoting kuroro001
gbp keeps going down but on very low volume, nothing much to do about it
Now let's wait for halifax...hoping the news will be better than expected...30mn to go
Hi dude, long time no see, hope you doing fine recently
  • #242,924
  • Aug 4, 2010 12:39am Aug 4, 2010 12:39am
Quoting special0nefx
Hi dude, long time no see, hope you doing fine recently
Hi buddy!! yeh i'm fine thk, what about u ?
I've been busy lately, i just moved from France to Australia^^

And i hate asian trading hours
COT: The precious data ignored
  • #242,925
  • Aug 4, 2010 12:44am Aug 4, 2010 12:44am
Quoting Vasile
Good morning guys!
How about this: I putted my sell limits on 1.6027
http://4.bp.blogspot.com/_LbKfbdL8RY...0%BD%D1%82.gif
I wouldn't do that.

If price close clear above 1.597, the next resistance is @1.634
Don't think putting a sell order 50 pips after a major resistance is going to work really.
I'm currently short from 1.5942 & will ditch this position if the major resistance goes.

Anyway good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gu4.gif Size: 17 KB
Thank You
  • #242,926
  • Aug 4, 2010 12:46am Aug 4, 2010 12:46am
Quoting kuroro001
Hi buddy!! yeh i'm fine thk, what about u ?
I've been busy lately, i just moved from France to Australia^^

And i hate asian trading hours
welcome to asia.
look at the bright side. at least you get to trade london open - close & go to bed like a normal human being
Thank You
  • #242,927
  • Aug 4, 2010 12:49am Aug 4, 2010 12:49am
Quoting kuroro001
Hi buddy!! yeh i'm fine thk, what about u ?
I've been busy lately, i just moved from France to Australia^^

And i hate asian trading hours
Fine too thanks. Am busy with my works too lately, but be back trade after nfp . Surely have fun at Australia now. Well, maybe you get used on asian trading hours sooner. Cheer, Enjoy your days buddy.

Quoting wormboy
welcome to asia.
look at the bright side. at least you get to trade london open - close & go to bed like a normal human being
Yup, wb is human+vampire
  • #242,928
  • Aug 4, 2010 12:49am Aug 4, 2010 12:49am
If it breaks the channel now goes up to 15950
  • #242,929
  • Aug 4, 2010 12:56am Aug 4, 2010 12:56am
Quoting trending
If it breaks the channel now goes up to 15950
Morning, new trader here...thank you all for your excellent charts and explainations. is the channel between 15920 & the 200Ema
  • #242,930
  • Aug 4, 2010 12:58am Aug 4, 2010 12:58am
Quoting goodthings
The following data is based on this years price movement with the Gbp/Usd

It has moved a 100 pips the difference between the high and low 75% of the time 170/227days
The average distance between the High and Low is 138 pips.
It moves an average of 32 pips against the trend from the opening then reverses and moves 106 pips with the trend above or below its opening price.
The 23.6%retracement has been hit 96.4% of the time 219/227 days
The 38.2% retracement has been hit 82.88% of the time 188/227 days
The 50.0% retracement has been hit 70.4% of the...
Statistic is great man-- I am man of statistic--
Watch out for these 2 levels
Attached Image (click to enlarge)
Click to Enlarge Name: arif.gif Size: 12 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #242,931
  • Aug 4, 2010 12:59am Aug 4, 2010 12:59am
Got sell entry on this system-- The last buy entry give 300 pips (from 15650--15950)
Attached Image (click to enlarge)
Click to Enlarge Name: arif1.gif Size: 21 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #242,932
  • Aug 4, 2010 1:04am Aug 4, 2010 1:04am
Quoting wormboy
welcome to asia.
look at the bright side. at least you get to trade london open - close & go to bed like a normal human being
Thanks
Oh well it's hard to be a human while trading forex^^
COT: The precious data ignored
  • #242,933
  • Aug 4, 2010 1:07am Aug 4, 2010 1:07am
Quoting special0nefx
Fine too thanks. Am busy with my works too lately, but be back trade after nfp . Surely have fun at Australia now. Well, maybe you get used on asian trading hours sooner. Cheer, Enjoy your days buddy.
Good to see you back
I'll try to have fun in Sydney thk
Like me you missed most of all rallies, but we'll see other opportunities
Take care
COT: The precious data ignored
  • #242,934
  • Aug 4, 2010 1:17am Aug 4, 2010 1:17am
5920 long for a few .... seems buy interest here for now

Attached Image (click to enlarge)
Click to Enlarge Name: chart2575.png Size: 156 KB
Blogging daily now at www.volume.zone
  • #242,935
  • Aug 4, 2010 1:20am Aug 4, 2010 1:20am
Halifax HPI m/m news ---> 0.6% > - 0.4% --> Theoritcally good for poundsterling !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #242,936
  • Aug 4, 2010 1:21am Aug 4, 2010 1:21am
Good morning folks.


Looks like it's going to bee another one of those 'fine days' trading again.
Looooong may it continue
  • #242,937
  • Aug 4, 2010 1:23am Aug 4, 2010 1:23am
Quoting manize
Halifax HPI m/m news ---> 0.6% > - 0.4% --> Theoritcally good for pound !

In theory yes, but hey this is forex and who knows who pulls the strings.

Look at yesterdays 5 in a row baddies for the USD............ Made a lot of 'cents' to them, but non to anyone else
  • #242,938
  • Aug 4, 2010 1:34am Aug 4, 2010 1:34am
Quoting jimmyloz
Hello traders i think about that what else ? => back to 1.5609 ?

http://nsa16.casimages.com/img/2010/...5546185654.jpg

other analysis on my blog http://foxtrade-foxtrade.blogspot.com/

a close under 1.5850 will be a good signal
  • #242,939
  • Aug 4, 2010 1:45am Aug 4, 2010 1:45am
1.6100 could be the high by tommorrow i guess.
To Your Success!!
  • #242,940
  • Aug 4, 2010 1:46am Aug 4, 2010 1:46am
Will wait to see what London do with the figures - I expect tomorrow to be the day when they decide on whether to continue to rally or not... OBR statement.

Todays figures may allow for pips, but do not expect it to be plain sailing.
Author of: For Pip's Sake! (Available at Amazon... :-) )
582 traders viewing now, 1 is registered:
CPUmice