Cable Update (GBPUSD) | Page 12355 | 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)

  • #247,081
  • Aug 19, 2010 5:39am Aug 19, 2010 5:39am
Maybe a good time too go get some sleep,,,,,,,,,, beeeeeeeen a very long day so far, been up since 2am (UK time) now getting tired wouldn't want too make any more mistakes....
  • #247,082
  • Aug 19, 2010 5:39am Aug 19, 2010 5:39am
Quoting AdrianHNV
opps sorry was thinking back too front of the equation!!!!!!!!!!!

Ummm sorry
I'm sorry... I think you might be right looking at cloggs reply. I studied economics and thats what we learnt but theory and practical is always different

don't be sorry, we all learning from the big dogs here...

FIBRE FLYING!
@pawpaw1000 on Twitter
  • #247,083
  • Aug 19, 2010 5:41am Aug 19, 2010 5:41am
Quoting pawpaw1000
I'm sorry... I think you might be right looking at cloggs reply. I studied economics and thats what we learnt but theory and practical is always different

don't be sorry, we all learning from the big dogs here...

FIBRE FLYING!

Futures are holding.
  • #247,084
  • Aug 19, 2010 5:42am Aug 19, 2010 5:42am
sell @ 1.5636 sl 1.5715
Attached Image (click to enlarge)
Click to Enlarge Name: gbdusd19.08.10 h4.....gif Size: 9 KB
  • #247,085
  • Aug 19, 2010 5:43am Aug 19, 2010 5:43am
Quoting cloggie
Futures are holding.

And so is the TL. I am still flat, not going to get suckered into a spike. es down barely 2 points.
  • #247,086
  • Aug 19, 2010 5:46am Aug 19, 2010 5:46am
Quoting cloggie
And so is the TL. I am still flat, not going to get suckered into a spike. es down barely 2 points.
well, guess what, I got suckered out of 12 of my hard earned pips!!!

luckily you taught me to cut my losses short...

Up 165 for the week still.

NY Looking for new high? and then a possible drop. This TL is sooo stubborn. LOOKS ALOT LIKE YESTERDAY ON H1
@pawpaw1000 on Twitter
  • #247,087
  • Aug 19, 2010 5:50am Aug 19, 2010 5:50am
poised on the buy button, but momentum seems to be dwindling
  • #247,088
  • Aug 19, 2010 5:51am Aug 19, 2010 5:51am
Cloggie,

Thanks for your helpful posts, I've learned a lot from watching your comments.

May I ask..when you described the range 1.5626 to 1.5645, did you draw those lines based on the action on the M5 T/F?

I'm just trying to learn to draw ranges properly!

Thanks
  • #247,089
  • Aug 19, 2010 5:52am Aug 19, 2010 5:52am
Quoting Sutts
Cloggie,

Thanks for your helpful posts, I've learned a lot from watching your comments.

May I ask..when you described the range 1.5626 to 1.5645, did you draw those lines based on the action on the M5 T/F?

I'm just trying to learn to draw ranges properly!

Thanks

Yeah I did, I used the double touches of the 0910 0915 GMT bars and the 0920 0925, combine that with the TL on the hourly and you have a range you can either scalp or use as a breakout trade.
  • #247,090
  • Aug 19, 2010 5:53am Aug 19, 2010 5:53am
Quoting Arnold49
poised on the buy button, but momentum seems to be dwindling
nah, forget it
  • #247,091
  • Aug 19, 2010 5:55am Aug 19, 2010 5:55am
Thanks for another trading nugget Cloggie.

I'll pay close attention to the M15 on breaks now.

Found a great site explaining all the candle patterns you mentioned.
Broken out into high/medium/low probability.

http://www.candlesticker.com/

attached my interpretations of boxes today.
3 inside down on M5 11:15 ish?


Quoting cloggie
Just don't jump the gun, like some here, just trade the confirmed break, either by pattern on M5 or a close on M15. Saying that, I have seen how you are coming along so am not too worried about you trading the fake.
Attached Image (click to enlarge)
Click to Enlarge Name: box-8-19.png Size: 39 KB
  • #247,092
  • Aug 19, 2010 5:55am Aug 19, 2010 5:55am
Quoting Arnold49
nah, forget it
unfortunately I did buy but got out quick... looking short now...

hoping for tweezers on m15... 4min

M30 365MA... FTW

FIBRE LEAVING US BEHIND? We did jump alot on cable though so actually fibre needs to catch up?
@pawpaw1000 on Twitter
  • #247,093
  • Aug 19, 2010 5:56am Aug 19, 2010 5:56am
Quoting cloggie
500,000
see i told u i got my 0.1 ....... j/k
  • #247,094
  • Aug 19, 2010 5:56am Aug 19, 2010 5:56am
Quoting cloggie
Yeah I did, I used the double touches of the 0910 0915 GMT bars and the 0920 0925, combine that with the TL on the hourly and you have a range you can either scalp or use as a breakout trade.
Thanks Cloggie
  • #247,095
  • Aug 19, 2010 5:58am Aug 19, 2010 5:58am
Quoting pawpaw1000
Lets see how the market reacts... What a lesson it will be for all us noobs if it goes Down... Which it very well could!
market reaction

stuck within the levels

long live Magix, long live Magix, ...........................

http://img838.imageshack.us/img838/4404/36133763.gif
  • #247,096
  • Aug 19, 2010 6:02am Aug 19, 2010 6:02am
Quoting forexlion
market reaction

stuck within the levels

She is trying her d@rnest to get through here.
  • #247,097
  • Aug 19, 2010 6:03am Aug 19, 2010 6:03am
http://img713.imageshack.us/img713/1...2288109145.jpg
  • #247,098
  • Aug 19, 2010 6:07am Aug 19, 2010 6:07am
Quoting cloggie
She is trying her d@rnest to get through here.
shame, she is trying VERY hard... Not very convincing though. Seems like someone is keeping her down?

We are almost at the top of our larger range, what to do, what to do...

I'm waiting, still thinking short but this could be interesting...
@pawpaw1000 on Twitter
  • #247,099
  • Aug 19, 2010 6:08am Aug 19, 2010 6:08am
Quoting cloggie
She is trying her d@rnest to get through here.
m15 closed above tl for the first time. Will wait for confirmation of break from the next couple of m5 candles...

once more unto the breach dear friends!
  • #247,100
  • Aug 19, 2010 6:10am Aug 19, 2010 6:10am
Quoting Magic Hat
m15 closed above tl for the first time. Will wait for confirmation of break from the next couple of m5 candles...

once more unto the breach dear friends!

I am still flat too, not convinced yet this has any momentum, time for a spot of lunch.
650 traders viewing now, 2 are registered:
Trudzia
,
msqk