Cable Update (GBPUSD) | Page 12444 | 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)

  • #248,861
  • Aug 26, 2010 3:00am Aug 26, 2010 3:00am
Hey Gang,

Our own "view" on things...
Will always "differ"... I was hoping she'd just go NORTH,
as well. maybe so- later?

But,
'Way i see it the "Retrace" momentum fizzled out @71. whatever,
Level. -('Some pro's in here wanna "Re-School" me?)
From there it was "Fair Game" for shorts.

As usual it took me about '1/2 hr to "Scribble Scrabble" this Chart,
Best of Pippin whichever way you are,
'Terrapin Pipper,

Jeff
Attached Image (click to enlarge)
Click to Enlarge Name: 8_26_2010 POUND Retrace Complete_Back to Downtrend.jpg Size: 258 KB
I will work to Objectively Identify my Edges
  • #248,862
  • Aug 26, 2010 3:08am Aug 26, 2010 3:08am
Quoting pawpaw1000
thank you, your analysis astounds me! your charting ability surpasses all our wildest dreams!!!

EDIT: as always, only risking 0.85% of account seeing as my s/l is -9pips
I am sorry if you blame me for your loss. I understand your sarcasm but I am not a god and also can be wrong.
what I think about market situation. About analysis. Price triggered pending sell orders at the previous resistance. Level and we have reaction on that. Pretty strong must admit. But usually it last around 40 –50 pips …(And it will stop when eur will find support) correlation with eur tells me that Eur had enough power to brake very strong resistance at 1.2725 and now nothing can stop it from movement up. As a confirmation my Heiken Ashi didn’t changed color so, I still considering that momentum is up.. Based on this, my conclusion that Gbp will continue to go up.
  • #248,863
  • Aug 26, 2010 3:09am Aug 26, 2010 3:09am
Hehe!

Dear King Fudo from the respectful Fodu land, I, sir Scipionz, the first, will be forever grateful for that vouch.
Be sure, that, in further battle, my sword will serve your cause if needed!

Lots of pips to ya!


(PS: nice trade on GY!!I got in at 130.29 yesterday but been stop at BE, oh well...)

Quoting Fudomyo

Sir Scipionz, for showing the patience, bravery, and skill to hold out for 15580 King Fudo, the self important, in his august and wise judgement, hereby bestowths a vouch on thee.




btw: TP 132 GY. GU partial TP 15580. still holding 1 position for the DTL.
"Flip that coin!"
  • #248,864
  • Aug 26, 2010 3:13am Aug 26, 2010 3:13am
Quoting pawpaw1000
closed for -7... Shitty entry and seems we bouncing off R2!
on little counter trades like that, have to go early for a quick in/out or pass them up completely.

candle pulled back above the 200 right on the hourly close.
Attached Image (click to enlarge)
Click to Enlarge Name: pp4.gif Size: 15 KB
  • #248,865
  • Aug 26, 2010 3:15am Aug 26, 2010 3:15am
Last 4H candle still closed above my downtrend-line thus suggesting it is not trading downward; not within the last 4H period...

I see that it is also being traded above 200EMA in 4H TF, then I guess it is time to long, correct? Will wait for good entry signal to go long...


Quoting Piotr1
I think price still has a momentum to go up.
  • #248,866
  • Aug 26, 2010 3:16am Aug 26, 2010 3:16am
Sucker Everyone back in...

Long again!
-Just my vieW !

I see that too, (on 'Chart).
Again, -Best of Pippin Whichever way you are,

Jeff
I will work to Objectively Identify my Edges
  • #248,867
  • Aug 26, 2010 3:19am Aug 26, 2010 3:19am
+1$
+3$
-1.8$
-2.8$
+0.4$

Good morning....
  • #248,868
  • Aug 26, 2010 3:20am Aug 26, 2010 3:20am
Quoting Piotr1
I am sorry if you blame me for your loss. I understand your sarcasm but I am not a god and also can be wrong.
[size=3][font=Times New Roman]what I think about market situation. About analysis. Price triggered pending sell orders at the previous resistance. Level and we have reaction on that. Pretty strong must admit. But usually it last around 40 –50 pips …(And it will stop when eur will find support) correlation with eur tells me that Eur had enough power to brake very strong resistance at 1.2725 and...
I'm not pissed at your opinion but if you just gonna shout out this and that with no clarification, no one learns and you will soon be on the ignore list of most of the experienced trades here...

Just a word of advise...
@pawpaw1000 on Twitter
  • #248,869
  • Aug 26, 2010 3:21am Aug 26, 2010 3:21am
still playing hard ball. miss ya all'

Attached Image (click to enlarge)
Click to Enlarge Name: fx1.gif Size: 66 KB
  • #248,870
  • Aug 26, 2010 3:22am Aug 26, 2010 3:22am
Very good advice , Thank you.
  • #248,871
  • Aug 26, 2010 3:22am Aug 26, 2010 3:22am
lol...

see what happens when you eat chocolate before bed! now you'll be up all night...

GY has been kind this week.

Quoting Scipionz
Hehe!

Dear King Fudo from the respectful Fodu land, I, sir Scipionz, the first, will be forever grateful for that vouch.
Be sure, that, in further battle, my sword will serve your cause if needed!

Lots of pips to ya!


(PS: nice trade on GY!!I got in at 130.29 yesterday but been stop at BE, oh well...)
  • #248,872
  • Aug 26, 2010 3:22am Aug 26, 2010 3:22am
Quoting Fudomyo
on little counter trades like that, have to go early for a quick in/out or pass them up completely.

candle pulled back above the 200 right on the hourly close.
jip, kicking myself that I didn't get in earlier, could've been 40 pips. But I dont really trade counter, not convinced yet we are going up...

Alright, this PA seems to have stalled again like the last 3 days...

news is the only thing moving us at this point...
@pawpaw1000 on Twitter
  • #248,873
  • Aug 26, 2010 3:23am Aug 26, 2010 3:23am
With all uncertainties attached I'm getting the impression that we could be in the middle of a more fundamental change of trends for long term traders and this is not just a retrace.

D1:
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0118.png Size: 29 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #248,874
  • Aug 26, 2010 3:23am Aug 26, 2010 3:23am
I guess 1.53 is out of the question now
  • #248,875
  • Aug 26, 2010 3:24am Aug 26, 2010 3:24am
You don't have to apologize or explain yourself to anyone especially in this asylum.

Trade well,

Dr. D.



Quoting Piotr1
I am sorry if you blame me for your loss. I understand your sarcasm but I am not a god and also can be wrong.
[size=3][font=Times New Roman]what I think about market situation. About analysis. Price triggered pending sell orders at the previous resistance. Level and we have reaction on that. Pretty strong must admit. But usually it last around 40 –50 pips …(And it will stop when eur will find support) correlation with eur tells me that Eur had enough power to brake very strong resistance at...
  • #248,876
  • Aug 26, 2010 3:28am Aug 26, 2010 3:28am
'Assain Assylm,

I can't even spell... Wins!

She Couldn't "Double-Bottom" there Boy's,
@1.5534!!!
Down She Goes Boy's,

Jeff
I will work to Objectively Identify my Edges
  • #248,877
  • Aug 26, 2010 3:32am Aug 26, 2010 3:32am
Quoting pawpaw1000
jip, kicking myself that I didn't get in earlier, could've been 40 pips. But I dont really trade counter, not convinced yet we are going up...

Alright, this PA seems to have stalled again like the last 3 days...

news is the only thing moving us at this point...
Besides SR, a good trick so you don't get caught on the wrong side of the smaller range trades is throw a fast RSX on a 15M/5M scalping chart. This one is set to Len 6. nice for confirming entries/exits OB/OS on the lower TFs.
Attached Image (click to enlarge)
Click to Enlarge Name: pp5.gif Size: 16 KB
  • #248,878
  • Aug 26, 2010 3:35am Aug 26, 2010 3:35am
906 pips and counting.
Attached Image (click to enlarge)
Click to Enlarge Name: fx1.gif Size: 66 KB
  • #248,879
  • Aug 26, 2010 3:38am Aug 26, 2010 3:38am
Quoting Fudomyo
Besides SR, a good trick so you don't get caught on the wrong side of the smaller range trades is throw a fast RSX on a 5M scalping chart. This one is set to Len 6. nice for confirming entries/exits.
RSX? don't have
@pawpaw1000 on Twitter
  • #248,880
  • Aug 26, 2010 3:44am Aug 26, 2010 3:44am
Periscope DOWN Men!

I'm sorry Gang,

'Just feels good to be pipping & in a winner,
for once!


-It was hard shorting into this baby @first too,
Uggh!
Lower High's, Lower Low's...
Here comes 153 -(Yeah, right!).
We'll see how she does,

Jeff
I will work to Objectively Identify my Edges
405 traders viewing now, 1 is registered:
CPUmice