Cable Update (GBPUSD) | Page 12225 | 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)

  • #244,481
  • Aug 10, 2010 3:37am Aug 10, 2010 3:37am
Quoting forexlion
going loong, wish me luuck

Loondoon oopen 5787, soo stoop luuck @ 5780


http://img413.imageshack.us/img413/576/46415171.gif
me lungi flying

http://img217.imageshack.us/img217/831/39842788.gif
  • #244,482
  • Edited 3:49am Aug 10, 2010 3:38am | Edited 3:49am
B/O ? up or down...possibly B/o-pullback then 2nd B/O ??

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.gif Size: 16 KB
ex member
  • #244,483
  • Aug 10, 2010 3:42am Aug 10, 2010 3:42am
Hope this 5min channel doesn't go on and on like yesterday before the false break up...unlike y/day though price was alreadty at 86% of it's 20day average pip range before it formed following the move off the asian lo 5773. So far it's been going sionce 0445am Uk time this morning ??
ex member
  • #244,484
  • Aug 10, 2010 3:43am Aug 10, 2010 3:43am
Quoting bbmac
Hope this 5min channel doesn't go on and on like yesterday before the false break up...unlike y/day though price was alreadty at 86% of it's 20day average pip range before it formed following the move off the asian lo 5773. So far it's been going sionce 0445am Uk time this morning ??

And the fundies may help it with a good break here. Unlike some though, I am not going to anticipate the break, further positioning in Dollar may still break this to the down side.
  • #244,485
  • Aug 10, 2010 3:43am Aug 10, 2010 3:43am
Inserted Video
  • #244,486
  • Aug 10, 2010 3:46am Aug 10, 2010 3:46am
Quoting cloggie
And the fundies may help it with a good break here. Unlike some though, I am not going to anticipate the break, further positioning in Dollar may still break this to the down side.
I guess I am slightly confused. Why are people positioning in the dollar? If the fed decides to reinvest the mbs assets wouldn't that be dollar negative?
  • #244,487
  • Aug 10, 2010 3:48am Aug 10, 2010 3:48am
Quoting gotpips92
I guess I am slightly confused. Why are people positioning in the dollar? If the fed decides to reinvest the mbs assets wouldn't that be dollar negative?

Exactly so that's why you see dollar strength now, get it up to a position to sell of from.
  • #244,488
  • Aug 10, 2010 3:49am Aug 10, 2010 3:49am
Quoting bbmac
B/O ? up or down...possibly B/o-pullback then 2nd B/O ??

G/L
fakey. still no b/o
Thank You
  • #244,489
  • Aug 10, 2010 3:50am Aug 10, 2010 3:50am
Quoting wormboy
fakey. still no b/o
okay I will quit selling S2
  • #244,490
  • Aug 10, 2010 3:50am Aug 10, 2010 3:50am
Quoting bbmac
B/O ? up or down...possibly B/o-pullback then 2nd B/O ??

G/L
Flase break up but no 5min or 15min candle close outside ..supply @ 5820/25 knocks it back inside the consolidation channel on 5/15min
ex member
  • #244,491
  • Aug 10, 2010 3:50am Aug 10, 2010 3:50am
Quoting cloggie
Excalty so that's why you see dollar strength now, get it up to a position to sell of from.
Alright that makes perfect sense. Guess the best thing to do now is sit on my hands and wait.
  • #244,492
  • Aug 10, 2010 3:51am Aug 10, 2010 3:51am
Quoting forexlion
me lungi flying
too bad bro. it was a nice try tho
Thank You
  • #244,493
  • Aug 10, 2010 3:51am Aug 10, 2010 3:51am
Quoting digger1
okay I will quit selling S2

That's the only play out there, LO-S2
  • #244,494
  • Aug 10, 2010 3:52am Aug 10, 2010 3:52am
Quoting wormboy
fakey. still no b/o
wormie is the break on H4 fakey too? tell me your opinion
Verily, in every difficulties there is relief
  • #244,495
  • Aug 10, 2010 3:52am Aug 10, 2010 3:52am
Quoting digger1
okay I will quit selling S2
lol no by all means do it bro, i'm taking this on the m5 so I really don't care which way she breaks
Thank You
  • #244,496
  • Aug 10, 2010 3:53am Aug 10, 2010 3:53am
Quoting primzvicious
wormie is the break on H4 fakey too? tell me your opinion

I don't see that as a break, I see that as a 50 retrace, so I would put the range differently.
  • #244,497
  • Aug 10, 2010 3:53am Aug 10, 2010 3:53am
Quoting cloggie
That's the only play out there, LO-S2
just had to pester wormie a little , yes tht has been good a couple times now
  • #244,498
  • Aug 10, 2010 3:53am Aug 10, 2010 3:53am
Quoting wormboy
fakey. still no b/o
Ouch.. damn.. I got slammed..
Still can't differ a break from fakey.
  • #244,499
  • Aug 10, 2010 3:54am Aug 10, 2010 3:54am
Quoting cloggie
I don't see that as a break, I see that as a 50 retrace, so I would put the range differently.
thx for the answer cloggie..
Verily, in every difficulties there is relief
  • #244,500
  • Aug 10, 2010 3:55am Aug 10, 2010 3:55am
Quoting primzvicious
thx for the answer cloggie..

Cable loves the 50 retrace on the daily, now if that goes I would see it as a proper break.
266 traders viewing now, 2 are registered:
,
fmtrad3r